Total OASDI beneficiaries in Tennessee increases in 2021

May 5, 2023

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There were 1,503,361 total OASDI beneficiaries in Tennessee in 2021, according to the official Social Security Administration website.

This is a 0.4 percent increase over 2020 which had 1,496,750 total beneficiaries.

The Old-Age, Survivors, and Disability Insurance (OASDI) program 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.

Jim Brown State Director at NFIB - National Federation of Independent Business - Tennessee

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