What is the main reason that companies have been rapidly shifting from a defined benefit to defined contribution retirement plans?

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The main reason companies have been rapidly shifting from a defined benefit to defined contribution retirement plans is that defined contribution plans shift the investment risk to the employee instead of the employer bearing the risk. This trend has been driven by the desire of employers to reduce the financial risk and uncertainty associated with funding defined benefit plans. With defined contribution plans, the employer sets aside a predefined amount of money on behalf of the employee but does not guarantee a specific benefit at retirement. Instead, the employee bears the investment risk and is responsible for managing the funds in the account to ensure they have enough for retirement.

What Is the Main Reason That Companies Have Been Rapidly