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North Central Arkansas News

Saturday, November 23, 2024

Total OASDI widow and parent beneficiaries in Arkansas ZIP 72542 increase in 2019

Nowhiring09

There were 100 total OASDI widow and parent beneficiaries in Arkansas zip code 72542 in 2019, a 5.3 percent increase over 2018, which had 95 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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