Get Value or Text from Select2

Select 2 Val or Text

var test = $('#test');
$(test).select2({
    data:[
        {id:0,text:"enhancement"},
        {id:1,text:"bug"},
        {id:2,text:"duplicate"},
        {id:3,text:"invalid"},
        {id:4,text:"wontfix"}
    ],
    width: "300px"
});

$(test).change(function() {
    //var theID = $(test).val(); // works
    //var theSelection = $(test).filter(':selected').text(); // doesn't work
    var theID = $(test).select2('data').id;
    var theSelection = $(test).select2('data').text;
    $('#selectedID').text(theID);
    $('#selectedText').text(theSelection);
});