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Tuesday, November 5, 2024

Fairhope ranks eighth in total OASDI beneficiaries in Alabama in 2018

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There were 55,955 OASDI beneficiaries in Fairhope in 2018, ranking it eighth in Alabama, 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 Alabama.

Field Offices Ranking by Number of Beneficiaries in Alabama (2018)

RankField OfficeNumber of Beneficiaries
1Birmingham, Downtown113,125
2Mobile92,470
3Huntsville86,165
4Montgomery78,765
5Dothan68,445
6Tuscaloosa65,810
7Anniston58,430
8Fairhope55,955
9Florence55,280
10Decatur54,525
11Gadsden49,330
12Birmingham, East48,030
13Auburn40,840
14Selma40,500
15Albertville38,825
16Alexander City35,155
17Cullman28,955
18Bessemer26,940
19Talladega24,990
20Andalusia24,540
21Jasper22,235
22Jackson18,065
23Columbus, GA15,440

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