The Next Retirement Crisis: America’s Public Pensions

The Next Retirement Crisis: America's Public Pensions

Courtesy of Frontline Back in 2013, I blogged on Next Avenue about the excellent PBS FRONTLINE documentary, The Retirement Gamble , where correspondent Martin Smith reported on America’s troubling retirement savings crisis. He’s now back with a riveting sequel airing Tuesday, Oct. 23 (check local listings), The Pension Gamble, on a growing, troubling, retirement concern: America’s underfunded public pensions. It’s worth watching.

You may be saying to yourself: I’m not a teacher, police officer, firefighter or municipal worker, so why should I care whether public-employee pension plans are underfunded. Here’s what Smith told me: “About half the states have pensions […]

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