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Sunday, March 9, 2025

Saco ranks fourth in total OASDI beneficiaries in Maine in 2018

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There were 39,640 OASDI beneficiaries in Saco in 2018, ranking it fourth in Maine, 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 Maine.

Field Offices Ranking by Number of Beneficiaries in Maine (2018)

RankField OfficeNumber of Beneficiaries
1Portland78,020
2Bangor68,965
3Auburn44,415
4Saco39,640
5Augusta29,670
6Waterville27,740
7Rockland22,380
8Presque Isle21,805
9Portsmouth, NH11,685
10Littleton, NH35

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