Quantcast

Pelican State News

Friday, December 27, 2024

Total OASDI widow and parent beneficiaries in Louisiana decreases in 2019

Adobestock 228780059

Adobe Stock

Adobe Stock

There were 82,951 total OASDI widow and parent beneficiaries in Louisiana in 2019, a 1.2 percent decrease from 2018, which had 83,953 total beneficiaries, according to the official Social Security Administration website.

The Old-Age, Survivors, and Disability Insurance (OASDI) program is a Social Security Administration program 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.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS