Academic journal article Journal of Accountancy

Young Adults Support Social Security

Academic journal article Journal of Accountancy

Young Adults Support Social Security

Article excerpt

New research revealed there is no generation gap on the issue of Social Security. A poll of people ages 18 to 34 showed that saving the government benefits plan is not just an issue for senior citizens. In fact, most young people strongly believed shoring up Social Security should be Congress's number one priority.

Even though only 15% of the respondents expected to receive the same level of benefits retirees enjoy today, the survey results showed that younger workers did not begrudge current retirees the benefits they receive. Eighty-five percent said seniors deserved them.

A majority of young people polled (59%) in the survey commissioned by the 2030 Center, a public policy institute for young adults, favored using budget surpluses to shore up Social Security over using surpluses for tax cuts.

According to the survey results, young adults also disagreed with the notion that Social Security would be defunct by the time they retired. Sixty-seven percent of the respondents said the system could work for members of their generation when they retire; only 29% believed Social Security should be scrapped and replaced with another system. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.