Total OASDI beneficiaries in Fort Smith increases in 2018

There were 58,385 total OASDI beneficiaries in Fort Smith in 2018, a 0.7% increase over 2017, which had 57,960 total beneficiaries, 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.

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