Ann Arbor Times

Ann Arbor Times

Tuesday, November 12, 2019

Total OASDI beneficiaries in Michigan zip 48118 increase in 2018


By Local Labs News Service | Nov 8, 2019

There were 3,415 total OASDI beneficiaries in Michigan zip code 48118 in 2018, a 3.8 percent increase over 2017, which had only 3,290 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.

Want to get notified whenever we write about City of Chelsea ?

Sign-up Next time we write about City of Chelsea, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

City of Chelsea

More News