Syracuse Sun

Thursday, November 7, 2024

Widow and parent beneficiaries in ZIP Code 13132 increase in 2020

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By Syracuse Sun

There were 65 total OASDI widow and parent beneficiaries in New York ZIP Code 13132 in 2020, an 8.3 percent increase over 2019, according to the Social Security Administration.

There were 60 total widow and parent beneficiaries in 2019.

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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