Holland Reporter

Holland Reporter

Wednesday, November 20, 2019

Total OASDI retired beneficiaries in Michigan zip 49427 unchanged in 2018

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By Local Labs News Service | Nov 1, 2019

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There were 15 total OASDI retired beneficiaries in Michigan zip code 49427 in 2018, unchanged from 2017, which had 15 total retired 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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