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Randolph County News

Monday, February 24, 2020

Total OASDI disabled beneficiaries in North Carolina zip 27205 remains the same in 2018


By Local Labs News Service | Oct 27, 2019


There were 1,085 total OASDI disabled beneficiaries in North Carolina zip code 27205 in 2018, which is unchanged from 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.

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