Quantcast

Pelican State News

Friday, February 21, 2025

Total OASDI beneficiaries in Louisiana zip 71322 decrease in 2018

Werehiring05

There were 1,465 total OASDI beneficiaries in Louisiana zip code 71322 in 2018, a 1.7 percent decrease from 2017, which had only 1,490 total 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.