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Sunday, September 22, 2024

Portsmouth ranks 21st in Virginia total retired beneficiaries in 2018

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There were 20,700 OASDI retired beneficiaries in Portsmouth in 2018, ranking it 21st 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 Social Security field offices ranked by number of retired workers in Virginia.

Field Offices Ranking by Number of Retired Workers in Virginia (2018)

RankField OfficeNumber of Retired Workers
1Richmond, Downtown89,965
2Roanoke79,735
3Alexandria70,960
4Manassas66,415
5Fairfax65,255
6Virginia Beach53,880
7Chesterfield50,945
8Newport News49,295
9Charlottesville43,550
10Lynchburg42,880
11Norfolk42,260
12Fredricksburg41,165
13Petersburg31,320
14Winchester31,270
15Hampton27,045
16Harrisonburg24,820
17Bristol23,305
18Wytheville22,575
19Suffolk22,495
20Staunton22,325
21Portsmouth20,700
22Culpeper20,415
23Danville20,065
24Richmond, East19,610
25Martinsville18,570
26Farmville16,310
27South Boston15,000
28Bluefield, WV14,660
29Wise12,010
30Accomac9,860
31Covington5,065
32Kingsport, TN4,125

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