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North Central Arkansas News

Saturday, November 23, 2024

Total OASDI widow and parent beneficiaries in Arkansas ZIP 72527 increase in 2018

Nowhiring09

There were 15 total OASDI widow and parent beneficiaries in Arkansas zip code 72527 in 2018, a 50.0 percent increase over 2017, which had 10 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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