Quantcast

East Louisville News

Thursday, November 21, 2024

Total OASDI disabled beneficiaries in Kentucky zip 40014 decreases in 2018

Applynow02

There were 390 total OASDI disabled beneficiaries in Kentucky zip code 40014 in 2018, a 1.3 percent decrease from 2017, which had 395 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.

MORE NEWS