UP Gazette

UP Gazette

Sunday, December 8, 2019

Total OASDI disabled beneficiaries in Michigan zip 49950 increases in 2018

Business

By Local Labs News Service | Dec 2, 2019

Applynow05

There were 50 total OASDI disabled beneficiaries in Michigan zip code 49950 in 2018, a 11.1 percent increase over 2017, which had 45 total disabled 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 State of Michigan ?

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

Organizations in this Story

State of Michigan

More News