Why are  defined contribution pension plans gaining in popularity in the United States and defined benefit plans losing popularity?

Why are  defined contribution pension plans gaining in popularity in the United States and defined benefit plans losing popularity?

Respond to the following question in this week’s discussion board:  The Response to the questions must be

a least 500 work each question

  • Why are  defined contribution pension plans gaining in popularity in the United States and defined benefit plans losing popularity?
  • Go to the popular press (can be a newspaper or web-based news) for a current events story that deals with a corporation that had to make a decision
  • Discuss the process that corporation went through in gathering information and making a “go-no-go” decision