Gen X-ers see Social Security as something that should be shored up and strengthened, not replaced, according to a survey released by the 2030 Center, a public policy organization for young adults.
"Young people have a positive view about Social Security," said Hans Riemer, 2030 Center director.
The poll, inspired by the budget surplus debate, was commissioned by the 2030 Center. It addressed broad questions about Social Security and reform plans, which either reduce guaranteed benefits to fund private investments or provide full benefits but no private accounts.
Of the 403 young adults surveyed -- whose ages range from 18 to 34 -- 55% said it is more important to provide a decent guaranteed benefit than to increase rates of return for Social Security.
Nearly 70% of young adults endorsed the guaranteed benefits plan, while privatization plans were endorsed by 55% of respondents; 59% preferred using the budget surplus to strengthen the program, and 67% wanted to use the surplus for Medicare instead of for a tax cut.