Quantcast

Hoosier State Today

Sunday, May 5, 2024

Total OASDI beneficiaries in Indiana zip 46036 decrease in 2018

Werehiring03

There were 3,060 total OASDI beneficiaries in Indiana zip code 46036 in 2018, a 0.33 percent decrease from 2017, which had only 3,070 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