Total OASDI disabled beneficiaries in St. Petersburg decreases in 2018

By Metric Media News Service

Apr 25, 2020

There were 17,945 total OASDI disabled beneficiaries in St. Petersburg in 2018, a 2.7% decrease from 2017, which had 18,445 total disabled 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.

ORGANIZATIONS IN THIS STORY

City of St. Petersburg