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‘Frontline:’ Kentucky’s pension crisis caused by underfunding, risky investments

OCTOBER 23, 2018 | by Tom Loftus | LOUISVILLE COURIER JOURNAL

“The award-winning PBS investigative documentary series 'Frontline' takes an in-depth look at the causes and impact of Kentucky’s pension crisis in a report that will air at 10 p.m. Tuesday on KET. The program is titled 'The Pension Gamble. How state governments and Wall Street led America’s public pensions into a $4 trillion hole.' … 'A series of Kentucky politicians, reluctant to raise taxes, began to divert pension savings to pay their bills and fund other projects,' the press release says.”

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