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Friday, November 15, 2024

Maine ranks 40th in total retired beneficiaries in 2021

Werehiring03

There were 258,610 OASDI retired beneficiaries in Maine in 2021, ranking it 40th in the United States, 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 states ranked by number of retired workers.

State Ranking by Number of Retired Workers in 2021

RankStateNumber of Retired Workers
1California4,636,107
2Florida3,720,938
3Texas3,149,545
4New York2,684,406
5Pennsylvania2,088,154
6Ohio1,689,343
7Illinois1,676,914
8North Carolina1,611,146
9Michigan1,600,554
10Georgia1,359,691
11New Jersey1,244,222
12Virginia1,174,814
13Arizona1,105,267
14Washington1,068,554
15Tennessee1,044,660
16Indiana987,268
17Wisconsin976,275
18Massachusetts939,694
19Missouri936,580
20South Carolina883,812
21Minnesota829,789
22Maryland777,516
23Alabama760,698
24Colorado709,963
25Oregon695,077
26Kentucky647,855
27Louisiana583,793
28Oklahoma561,018
29Connecticut532,298
30Iowa503,615
31Arkansas468,117
32Mississippi446,981
33Nevada438,116
34Kansas422,971
35New Mexico326,068
36Utah319,644
37West Virginia302,162
38Idaho282,455
39Nebraska270,312
40Maine258,610
41New Hampshire236,601
42Hawaii230,841
43Montana189,757
44Delaware175,408
45Rhode Island167,529
46South Dakota146,407
47Vermont116,636
48North Dakota105,753
49Wyoming91,386
50Alaska81,718
51The District of Columbia60,292

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