Portland Maine News

Saturday, January 18, 2025

Widow and parent beneficiaries in ZIP Code 04260 stay unchanged in 2020

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By Portland Maine News

There were 45 total OASDI widow and parent beneficiaries in Maine ZIP Code 04260 in 2020, the same number as in 2019, according to the Social Security Administration.

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.

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