Old-Age and Survivors Insurance (OASI)

URI: https://gptkb.org/entity/Old-Age_and_Survivors_Insurance_(OASI)
GPTKB entity
Statements (29)
Predicate Object
gptkbp:instanceOf social insurance
gptkbp:abbreviation gptkb:OASI
gptkbp:administeredBy gptkb:Social_Security_Administration
gptkbp:benefitsPaidTo retired workers
children of deceased workers
spouses of deceased workers
gptkbp:contribution employers
self-employed individuals
employees
gptkbp:country gptkb:United_States
gptkbp:eligibility based on work credits
gptkbp:established 1935
gptkbp:fullRetirementAge 66-67 (depending on birth year)
gptkbp:fundedBy payroll taxes
https://www.w3.org/2000/01/rdf-schema#label Old-Age and Survivors Insurance (OASI)
gptkbp:legalBasis gptkb:Social_Security_Act
gptkbp:maximumTaxableEarnings $160,200 (2023)
gptkbp:minimumEligibilityAge 62
gptkbp:partOf Social Security
gptkbp:provides retirement benefits
survivor benefits
gptkbp:relatedTo gptkb:Medicare
gptkb:Disability_Insurance_(DI)
gptkbp:taxStatus 6.2% (employee)
6.2% (employer)
gptkbp:trustFund gptkb:OASI_Trust_Fund
gptkbp:website https://www.ssa.gov/oasi/
gptkbp:bfsParent gptkb:Social_Security_Amendments_of_1939
gptkbp:bfsLayer 7