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Khan Academy Founder Explains Illinois Pension Crisis

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illinois pension video Khan Academy Founder Explains Illinois Pension Crisis

Salman Kahn explains Illinois’ pension mess. (Credit: thisismyillinois.com)

CHICAGO (CBS) — Governor Pat Quinn has enlisted the creator of popular on-line videos to help explain the state’s pension crisis.

First, it was “Squeezie” the pension python, who was used to illustrate how the rising cost of underfunded state pensions was putting the squeeze on Illinois taxpayers.

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Now, the governor has tapped Salman Khan, “The Explainer,” to help educate people about the pension crisis.

“Illinois is in a bad situation,” says Kahn, a former hedge fund manager and founder of Khan Academy. “Their total liability is $138 billion.”

His Kahn Academy teaching videos have been viewed 200 million times.

“What’s really fascinating about this graph is its passing up total education funding in the state,” Kahn explains in his video explaining the pension mess in the state.

Governor Quinn said in a statement: “The power of Khan’s videos comes from his ability to make a complex subject easy to grasp, and he does so in an informative and engaging style.”

RELATED: Watch Kahn’s Video On Illinois’ Pension Crisis