Quantcast

Show-Me State Times

Monday, December 23, 2024

Total OASDI beneficiaries in Missouri zip 63382 increase in 2018

Werehiring04

There were 1,005 total OASDI beneficiaries in Missouri zip code 63382 in 2018, a 1 percent increase over 2017, which had only 995 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.