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Friday, September 20, 2024

Anchorage ranks first in total OASDI beneficiaries in Alaska in 2019

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There were 74,495 OASDI beneficiaries in Anchorage in 2019, ranking it first in Alaska, 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 Alaska.

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

RankField OfficeNumber of Beneficiaries
1Anchorage74,495
2Fairbanks17,120
3Juneau12,640

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