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Monterey Times

Thursday, January 30, 2025

Total OASDI disabled beneficiaries in California zip 93901 decreases in 2018

Nowhiring06

There were 655 total OASDI disabled beneficiaries in California zip code 93901 in 2018, a 3 percent decrease from 2017, which had 675 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.