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Monday, December 23, 2024

Florida ranks second in total OASDI beneficiaries in 2020

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There were 4,840,275 OASDI beneficiaries in Florida in 2020, ranking it second in the United States, 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 states ranked by number of beneficiaries.

State Ranking by Number of Beneficiaries in 2020

RankStateNumber of Beneficiaries
1California6,150,009
2Florida4,840,275
3Texas4,421,803
4New York3,680,264
5Pennsylvania2,877,728
6Ohio2,405,217
7Illinois2,274,372
8Michigan2,250,141
9North Carolina2,183,353
10Georgia1,902,790
11New Jersey1,651,408
12Virginia1,585,194
13Tennessee1,496,750
14Arizona1,433,237
15Washington1,401,525
16Indiana1,382,024
17Missouri1,323,195
18Massachusetts1,294,623
19Wisconsin1,275,932
20South Carolina1,197,138
21Alabama1,165,990
22Minnesota1,069,913
23Maryland1,032,078
24Kentucky1,009,092
25Louisiana925,400
26Colorado915,854
27Oregon906,127
28Oklahoma811,064
29Arkansas707,846
30Connecticut695,402
31Mississippi681,219
32Iowa663,803
33Kansas569,120
34Nevada565,671
35West Virginia479,303
36New Mexico453,282
37Utah430,247
38Idaho370,385
39Nebraska357,164
40Maine355,433
41New Hampshire317,389
42Hawaii282,623
43Montana244,937
44Rhode Island230,018
45Delaware224,617
46South Dakota185,752
47Vermont156,005
48North Dakota138,461
49Wyoming118,420
50Alaska107,982
51District of Columbia83,647

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