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Sunday, November 24, 2024

Waterville ranks sixth in total OASDI beneficiaries in Maine in 2019

Nowhiring09

There were 28,185 OASDI beneficiaries in Waterville in 2019, ranking it sixth in Maine, according to the official Social Security Administration website.

The Old-Age, Survivors, and Disability Insurance (OASDI) 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.

The following table shows cities ranked by number of beneficiaries in Maine.

Field Offices Ranking by Number of Beneficiaries in Maine (2019)

RankField OfficeNumber of Beneficiaries
1Portland79,620
2Bangor69,760
3Auburn44,860
4Saco40,370
5Augusta30,220
6Waterville28,185
7Rockland22,930
8Presque Isle21,885
9Portsmouth, NH11,985
10Littleton, NH40

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