Total OASDI widow and parent beneficiaries in New Jersey ZIP 07109 increase in 2019

Total OASDI widow and parent beneficiaries in New Jersey ZIP 07109 increase in 2019
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There were 330 total OASDI widow and parent beneficiaries in New Jersey zip code 07109 in 2019, a 3.1 percent increase over 2018, which had 320 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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