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Thursday, November 14, 2024

Rio Rancho ranks third in total OASDI beneficiaries in New Mexico in 2019

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There were 76,270 OASDI beneficiaries in Rio Rancho in 2019, 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 (2019)

RankField OfficeNumber of Beneficiaries
1Albuquerque119,425
2Las Cruces80,200
3Rio Rancho76,270
4Santa Fe65,050
5Farmington24,595
6Roswell22,660
7Las Vegas14,400
8Clovis14,175
9Gallup11,480
10Hobbs9,885
11Carlsbad7,285
12El Paso, Downtown, TX20
12Durango, CO20
14Safford, AZ15

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