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Friday, November 15, 2019

Total OASDI retired beneficiaries in Iowa zip 52075 decreases in 2018

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By Local Labs News Service | Nov 9, 2019

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There were 25 total OASDI retired beneficiaries in Iowa zip code 52075 in 2018, a 16.7 percent decrease from 2017, which had 30 total retired 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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