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Friday, November 22, 2024

Fairhope ranks eighth in total OASDI beneficiaries in Alabama in 2019

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There were 58,445 OASDI beneficiaries in Fairhope in 2019, 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 (2019)

RankField OfficeNumber of Beneficiaries
1Birmingham, Downtown114,815
2Mobile93,690
3Huntsville88,495
4Montgomery79,695
5Dothan69,610
6Tuscaloosa66,440
7Anniston59,045
8Fairhope58,445
9Florence55,720
10Decatur55,065
11Gadsden49,705
12Birmingham, East48,455
13Auburn41,685
14Selma40,700
15Albertville39,190
16Alexander City35,650
17Cullman29,280
18Bessemer27,080
19Talladega25,190
20Andalusia24,665
21Jasper22,275
22Jackson18,170
23Columbus, GA15,925

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