Total OASDI widow and parent beneficiaries in Delaware ZIP 19720 decrease in 2019

By North New Castle News

Aug 12, 2020

There were 665 total OASDI widow and parent beneficiaries in Delaware zip code 19720 in 2019, a 1.5 percent decrease from 2018, which had 675 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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