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Baton Rouge Reporter

Thursday, December 26, 2024

Total OASDI disabled beneficiaries in Lafayette unchanged in 2018

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There were 10,915 total OASDI disabled beneficiaries in Lafayette in 2018, roughly the same as in 2017, which had 10,920 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.

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