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UP Gazette

Tuesday, November 5, 2024

Total OASDI widow and parent beneficiaries in Michigan ZIP 49958 decrease in 2019

Werehiring06

There were 15 total OASDI widow and parent beneficiaries in Michigan zip code 49958 in 2019, a 25.0 percent decrease from 2018, which had 20 total widow and parent 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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