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North Jefferson County News

Monday, May 20, 2024

Total OASDI widow and parent beneficiaries in Colorado ZIP 80127 decrease in 2019

Nowhiring07

There were 335 total OASDI widow and parent beneficiaries in Colorado zip code 80127 in 2019, a 1.5 percent decrease from 2018, which had 340 total widow and parent beneficiaries, 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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