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Providence Reporter

Friday, November 29, 2024

Total OASDI widow and parent beneficiaries in Rhode Island ZIP 02839 increase in 2018

Nowhiring07

There were 25 total OASDI widow and parent beneficiaries in Rhode Island zip code 02839 in 2018, a 25.0 percent increase over 2017, which had 20 total widow and parent 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.

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