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Sunday, September 22, 2024

Portsmouth ranks 20th in total OASDI beneficiaries in Virginia in 2018

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There were 31,680 OASDI beneficiaries in Portsmouth in 2018, ranking it 20th in Virginia, 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 Virginia.

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

RankField OfficeNumber of Beneficiaries
1Richmond, Downtown121,840
2Roanoke115,085
3Alexandria91,805
4Manassas90,085
5Fairfax83,035
6Virginia Beach75,000
7Chesterfield69,115
8Newport News68,280
9Norfolk62,965
10Lynchburg61,350
11Fredricksburg58,390
12Charlottesville58,325
13Petersburg47,100
14Winchester42,195
15Bristol39,535
16Hampton38,660
17Harrisonburg34,630
18Wytheville33,750
19Suffolk33,015
20Portsmouth31,680
21Staunton31,090
22Danville29,745
23Bluefield, WV28,520
24Richmond, East28,460
25Culpeper27,755
26Martinsville27,600
27Wise26,280
28Farmville24,105
29South Boston21,610
30Accomac13,475
31Covington7,975
32Kingsport, TN7,405

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