Quantcast

Constitution State News

Monday, November 25, 2024

Total OASDI beneficiaries in Connecticut increases in 2021

Werehiring05

There were 699,597 total OASDI beneficiaries in Connecticut in 2021, according to the official Social Security Administration website.

This is a 0.6 percent increase over 2020 which had 695,402 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