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Maine Highlands News

Monday, November 25, 2024

Bangor ranks second in Maine total retired beneficiaries in 2018

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There were 45,465 OASDI retired beneficiaries in Bangor in 2018, ranking it second 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 Social Security field offices ranked by number of retired workers in Maine.

Field Offices Ranking by Number of Retired Workers in Maine (2018)

RankField OfficeNumber of Retired Workers
1Portland55,905
2Bangor45,465
3Auburn28,930
4Saco27,685
5Augusta20,230
6Waterville17,545
7Rockland16,200
8Presque Isle14,020
9Portsmouth, NH8,840
10Littleton, NH30

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