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South Utah News

Friday, October 4, 2024

Total OASDI widow and parent beneficiaries in Utah ZIP 84745 increase in 2018

Nowhiring07

There were 40 total OASDI widow and parent beneficiaries in Utah zip code 84745 in 2018, a 14.3 percent increase over 2017, which had 35 total widow and parent beneficiaries, according to the official Social Security Administration website.

The Old-Age, Survivors, and Disability Insurance (OASDI) program is a program of the Social Security Administration funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.

The OASDI program aims to supplement a worker’s lost wages due to retirement, disability or death of a spouse.

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