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Asheville Reporter

Tuesday, April 16, 2024

Total OASDI widow and parent beneficiaries in North Carolina ZIP 28716 increase in 2018

Werehiring06

There were 355 total OASDI widow and parent beneficiaries in North Carolina zip code 28716 in 2018, a 2.9 percent increase over 2017, which had 345 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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