Yellowhammer Times

There were 75,339 total OASDI widow and parent beneficiaries in Alabama in 2021, a 1.9 percent decrease from 2020, according to the official Social Security Administration website.

There were 76,766 total beneficiaries in 2020.

The Old-Age, Survivors, and Disability Insurance (OASDI) program is a Social Security Administration program 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.