Quantcast

Southside VA News

Saturday, November 23, 2024

Total OASDI disabled beneficiaries in Fairfax increases in 2018

Nowhiring09

There were 4,675 total OASDI disabled beneficiaries in Fairfax in 2018, a 17% increase over 2017, which had 3,995 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