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Mountain State Times

Wednesday, December 4, 2024

Total OASDI beneficiaries in West Virginia zip 25708 increase in 2018

Nowhiring08

There were 40 total OASDI beneficiaries in West Virginia zip code 25708 in 2018, a 33.3 percent increase over 2017, which had only 30 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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