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Sunday, November 24, 2024

Lowell ranks fourth in total OASDI beneficiaries in Massachusetts in 2019

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There were 62,585 OASDI beneficiaries in Lowell in 2019, ranking it fourth in Massachusetts, 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 Massachusetts.

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

RankField OfficeNumber of Beneficiaries
1Worcester102,920
2Springfield89,565
3Cambridge78,685
4Lowell62,585
5Malden62,385
6Holyoke61,525
7Quincy53,715
8Brockton52,650
9Lynn50,745
10Framingham48,165
11Hanover46,620
12Hyannis46,540
13New Bedford46,440
14Attleboro39,900
15Norwood39,050
16Salem38,230
17Boston37,110
18Fall River36,120
19Falmouth33,820
20Lawrence33,195
21Haverhill31,175
22Taunton28,715
23Waltham28,415
24Fitchburg28,145
25Pittsfield25,570
26Gardner20,130
27Boston, Roslindale19,430
28Roxbury15,210
29Boston, Dorchester14,590
30North Adams9,525
31Woonsocket, RI6,660

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