Quantcast

Northwoods Reporter

Thursday, November 7, 2024

Total OASDI beneficiaries in Wisconsin zip 54762 increase in 2018

Nowhiring03

There were 325 total OASDI beneficiaries in Wisconsin zip code 54762 in 2018, a 1.6 percent increase over 2017, which had only 320 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.

MORE NEWS