Maryland State Wire

Maryland State Wire

Friday, April 3, 2020

Total OASDI beneficiaries in Maryland zip 20746 increase in 2018

Business

By Local Labs News Service | Mar 18, 2020

Werehiring02

There were 3,955 total OASDI beneficiaries in Maryland zip code 20746 in 2018, a 1.2 percent increase over 2017, which had only 3,910 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.

Want to get notified whenever we write about Suitland ?

Sign-up Next time we write about Suitland, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Suitland

More News