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Monday, November 25, 2024

Hoboken ranks 25th in New Jersey total retired beneficiaries in 2018

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There were 15,470 OASDI retired beneficiaries in Hoboken in 2018, ranking it 25th in New Jersey, 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 New Jersey.

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

RankField OfficeNumber of Retired Workers
1Hackensack98,990
2New Brunswick80,000
3Neptune75,200
4Egg Harbor73,435
5Parsippany71,710
6Cherry Hill68,075
7Union Township65,120
8Mount Laurel61,440
9Trenton59,040
10Clifton58,560
11Toms River56,815
12Paterson52,320
13Woodbridge45,370
14Jersey City41,660
15Glassboro37,730
16Brick Town35,645
17Bridgeton31,220
18Easton, PA26,295
19East Orange24,450
20Bridgewater23,100
21Newton21,955
22Newark19,900
23Rio Grande19,045
24Newark, Springfield Ave.16,380
25Hoboken15,470
26Stroudsburg, East, PA2,205
27West Nyack, NY10

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