Total OASDI widow and parent beneficiaries in Prescott decreases in 2018

There were 6,375 total OASDI widow and parent beneficiaries in Prescott in 2018, a 0.3 percent decrease from 2017, which had 6,395 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.

Want to get notified whenever we write about Prescott ?

Sign-up Next time we write about Prescott, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story


More News

Metro Business Network