Quantcast

Centennial State News

Saturday, January 4, 2025

Total OASDI beneficiaries in Colorado zip 81620 increase in 2018

Applynow04

There were 740 total OASDI beneficiaries in Colorado zip code 81620 in 2018, an 8 percent increase over 2017, which had only 685 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