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Saturday, September 21, 2024

Rapid City ranks second in total OASDI beneficiaries in South Dakota in 2019

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There were 51,660 OASDI beneficiaries in Rapid City in 2019, ranking it second in South Dakota, 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 South Dakota.

Field Offices Ranking by Number of Beneficiaries in South Dakota (2019)

RankField OfficeNumber of Beneficiaries
1Sioux Falls52,750
2Rapid City51,660
3Huron29,675
4Aberdeen20,335
5Watertown13,100
6Yankton11,205
7Sioux City, IA3,625
8Fergus Falls, MN85
9Marshall, MN50
10Fargo, ND35
11North Platte, NE30
11Bismarck, ND30

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