Quantcast

Golden State Today

Sunday, November 24, 2024

Total OASDI beneficiaries in California zip 92831 increase in 2018

Nowhiring07

There were 3,790 total OASDI beneficiaries in California zip code 92831 in 2018, a 0.93 percent increase over 2017, which had only 3,755 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