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Sunday, November 17, 2024

Rio Rancho ranks third in total OASDI beneficiaries in New Mexico in 2018

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There were 73,700 OASDI beneficiaries in Rio Rancho in 2018, ranking it third in New Mexico, 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 New Mexico.

Field Offices Ranking by Number of Beneficiaries in New Mexico (2018)

RankField OfficeNumber of Beneficiaries
1Albuquerque117,730
2Las Cruces78,025
3Rio Rancho73,700
4Santa Fe63,340
5Farmington24,035
6Roswell22,565
7Las Vegas14,165
8Clovis14,065
9Gallup11,220
10Hobbs9,945
11Carlsbad7,425
12Durango, CO25
13Safford, AZ15
13El Paso, Downtown, TX15

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