Quantcast

South Utah News

Monday, September 30, 2024

Total OASDI disabled beneficiaries in Utah zip 84720 decreases in 2019

Nowhiring08

There were 355 total OASDI disabled beneficiaries in Utah zip code 84720 in 2019, a 1.4 percent decrease from 2018, which had 360 total disabled 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.

MORE NEWS