Total OASDI widow and parent beneficiaries in New Jersey ZIP 07663 decrease in 2018

There were 140 total OASDI widow and parent beneficiaries in New Jersey zip code 07663 in 2018, a 9.7 percent decrease from 2017, which had 155 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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