Public Confidence in Social Security on the Wane, Poll Says

Public confidence in the social security systems is on the wane, according to a USA Today/ Gallup poll.

Six out of ten non-retirees think Social Security won't be able to pay them benefits when they stop working. Three-fourths of those aged 18 to 34 don't expect any kind of social security check when they retire. A majority of retirees also say they expect their current benefits to be cut.

"The fear and distrust as a result of the financial collapse and the Great Recession has spilled over into people's expectations," Alicia Munnell, director of the Center for Retirement Research at Boston College, told USA Today.

Social security celebrates its 75th anniversary next year.


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kate

Social security is down but we are stil supporting forign countries after we bomb them and bail out wall street theives and bankers .Our government is far too large and we are doing nothing to downsize. My husband applied for disability for his lungs and was denied, one month after denial he was taken to the hospital he flatlined 10 times before the doctor got a splintt in, Now he has COPD, conjesti9ve heart failure and a bill of 500,000 that we can't pay Now we are on social security and together we make 1600. a month. we has to buy an old trailer(5th wheel .so we would have a place to live and we can;t even move it. No I am not crying I am glad to have found it @$2,500

August 06 2010 at 2:52 PM Report abuse rate up rate down Reply