SC Minnesota News

There were 40 total OASDI widow and parent beneficiaries in Minnesota ZIP Code 56072 in 2020, a 14.3 percent increase over 2019, according to the Social Security Administration.

There were 35 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.