There were 65 total OASDI widow and parent beneficiaries in New Mexico ZIP Code 88355 in 2020, a 13.3 percent decrease from 2019, according to the Social Security Administration.
There were 75 total widow and parent beneficiaries in 2019.
The Old-Age, Survivors, and Disability Insurance (OASDI) program aims to supplement a worker’s lost wages due to retirement, disability or death of a spouse.
The Social Security Administration program is funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.
