Centennial State News

There were 4,735 total OASDI beneficiaries in Colorado zip code 80550 in 2018, an 8.1 percent increase over 2017, which had only 4,380 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.