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North Michigan News

Thursday, November 7, 2024

Total OASDI disabled beneficiaries in Michigan zip 49622 decreases in 2019

Nowhiring04

There were 95 total OASDI disabled beneficiaries in Michigan zip code 49622 in 2019, a 5 percent decrease from 2018, which had 100 total disabled 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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