Central ND News

Sunday, December 22, 2024

Widow and parent beneficiaries in ZIP Code 58495 stay unchanged in 2020

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By Central ND News

There were 50 total OASDI widow and parent beneficiaries in North Dakota ZIP Code 58495 in 2020, the same number as in 2019, according to the Social Security Administration.

The Old-Age, Survivors, and Disability Insurance (OASDI) program aims to supplement a worker's lost wages due to retirement, disability or death of a spouse.

The Social Security Administration program is funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.

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