Quantcast

Silver State Times

Thursday, October 17, 2024

Total OASDI beneficiaries in Nevada zip 89031 increase in 2018

Nowhiring07

There were 10,005 total OASDI beneficiaries in Nevada zip code 89031 in 2018, a 3.3 percent increase over 2017, which had only 9,690 total 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