Quantcast

Rushmore State News

Wednesday, November 6, 2024

Total OASDI widow and parent beneficiaries in South Dakota decreases in 2019

Adobestock 221016184

Adobe Stock

Adobe Stock

There were 10,859 total OASDI widow and parent beneficiaries in South Dakota in 2019, a 2.3 percent decrease from 2018, which had 11,119 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