Quantcast

North Hennepin News

Thursday, January 30, 2025

Total OASDI disabled beneficiaries in Fergus Falls unchanged in 2018

Webp applynow04

There were 2,775 total OASDI disabled beneficiaries in Fergus Falls in 2018, the same as in 2017, 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.

MORE NEWS