The Pension Gamble (full documentary) | FRONTLINE

This 2018 documentary investigates the role of state governments and Wall Street in driving America’s public pensions into a multi-trillion-dollar hole. This journalism is made possible by viewers like you. Support your local PBS station here: http://www.pbs.org/donate​. Producers Marcela Gaviria and Nick Verbitsky and correspondent Martin Smith trace how state governments have withheld pension contributions to cover shortfalls and waged risky bets on Wall Street. Smith goes inside the volatile fight over pensions in Kentucky, a state whose once-flush pension system for its police, firefighters, teachers and other public workers became one of the worst-funded in the nation. Love FRONTLINE? Find us on the PBS Video App where there are more than 300 FRONTLINE documentaries available for you to watch any time: https://to.pbs.org/FLVideoApp​ #Documentary​ #ThePensionGamble Subscribe on YouTube: http://bit.ly/1BycsJW​ Instagram:   / frontlinepbs​   Twitter:   / frontlinepbs​   Facebook:   / frontline   Major funding for FRONTLINE is provided by the Ford Foundation. Additional funding is provided by the Abrams Foundation; the John D. and Catherine T. MacArthur Foundation; Park Foundation; and the FRONTLINE Journalism Fund with major support from Jon and Jo Ann Hagler on behalf of the Jon L. Hagler Foundation, and additional support from Koo and Patricia Yuen.