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Gem State Wire

Wednesday, December 25, 2024

Total OASDI beneficiaries in Idaho zip 83201 increase in 2018

Nowhiring09

There were 6,165 total OASDI beneficiaries in Idaho zip code 83201 in 2018, a 2.2 percent increase over 2017, which had only 6,030 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.

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