Quantcast

Big Sky Times

Sunday, November 24, 2024

Total OASDI beneficiaries in Montana increases in 2020

Werehiring03

There were 244,937 total OASDI beneficiaries in Montana in 2020, according to the official Social Security Administration website.

This is a 2.3 percent increase over 2019 which had 239,410 total beneficiaries.

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.

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