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Saturday, November 23, 2024

Somerset ranks 15th in total OASDI beneficiaries in Kentucky in 2019

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There were 27,060 OASDI beneficiaries in Somerset in 2019, ranking it 15th in Kentucky, 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 Kentucky.

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

RankField OfficeNumber of Beneficiaries
1Louisville, Downtown90,860
2Lexington88,980
3Florence81,200
4Frankfort67,985
5Louisville, East67,870
6Elizabethtown66,325
7Bowling Green65,995
8Ashland43,590
9Corbin42,050
10Owensboro40,405
11Paducah37,620
12Richmond33,060
13Campbellsville32,505
14Hopkinsville30,950
15Somerset27,060
16Prestonsburg25,215
17Danville24,525
18Hazard22,120
19Mayfield21,330
20Pikeville18,125
21Maysville16,390
22Madisonville15,545
23Henderson14,695
24Jackson11,110
25Harlan8,370
26Middlesboro7,395

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