The Pension Gamble (full documentary)
Synopsis
State governments and Wall Street have contributed to a multi-trillion-dollar shortfall in America's public pensions, particularly evident in Kentucky's struggling system.
Synopsis
Public pensions in the United States face a crisis, driven by state governments' failure to make necessary contributions and risky investments on Wall Street. Producers Marcela Gaviria and Nick Verbitsky, along with correspondent Martin Smith, examine the dire situation in Kentucky, where a once-healthy pension system for public workers has deteriorated into one of the worst-funded in the country. The documentary highlights the implications of these financial decisions on the lives of police, firefighters, teachers, and other essential workers.
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