Quantcast

IBX News

Saturday, November 23, 2024

Widow and parent beneficiaries in ZIP Code 27906 decrease in 2020

Adobestock 220383845

Adobe Stock

Adobe Stock

There were 20 total OASDI widow and parent beneficiaries in North Carolina ZIP Code 27906 in 2020, a 20 percent decrease from 2019, according to the Social Security Administration.

There were 25 total widow and parent beneficiaries in 2019.

The Old-Age, Survivors, and Disability Insurance (OASDI) program aims to supplement a worker's lost wages due to retirement, disability or death of a spouse.

The Social Security Administration program is funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.

MORE NEWS