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Chippewa Valley Times

Friday, September 20, 2024

Total OASDI widow and parent beneficiaries in Wisconsin ZIP 54742 decrease in 2019

Nowhiring06

There were 60 total OASDI widow and parent beneficiaries in Wisconsin zip code 54742 in 2019, a 14.3 percent decrease from 2018, which had 70 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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