Khan Academy Explains Illinois’ Pension Crisis
State and local governments around the country are waiting to see how the Illinois Supreme Court will rule on a contested pension reform law. We’ve previously posted a video by Sal Khan, the founder of Khan Academy, explaining pension obligations. Given the recent interest in Illinois’ state pension plans, it’s worth your time to watch this video explaining how Illinois became one of the worst funded states in the nation and the consequences for the state’s education funding:
This post originally appeared on TeacherPensions.org.