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Friday, November 22, 2024

Newport News ranks eighth in total OASDI beneficiaries in Virginia in 2019

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There were 69,915 OASDI beneficiaries in Newport News in 2019, ranking it eighth 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 (2019)

RankField OfficeNumber of Beneficiaries
1Richmond, Downtown124,265
2Roanoke116,590
3Manassas93,975
4Alexandria93,515
5Fairfax85,210
6Virginia Beach76,955
7Chesterfield71,200
8Newport News69,915
9Norfolk64,180
10Lynchburg62,165
11Fredricksburg60,285
12Charlottesville54,945
13Petersburg47,635
14Winchester43,130
15Bristol39,635
16Hampton39,315
17Harrisonburg35,250
18Wytheville33,990
19Suffolk33,845
20Culpeper33,325
21Portsmouth32,200
22Staunton31,520
23Danville29,900
24Richmond, East29,010
25Bluefield, WV28,390
26Martinsville27,600
27Wise26,145
28Farmville24,275
29South Boston21,770
30Accomac13,805
31Covington7,985
32Kingsport, TN7,410

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