During the past three decades, businesses of all sizes have shifted away from traditional defined-benefit plans to defined-contribution plans, also known as 401(k)s. Now, states and local governments are doing the same, even though many workers lack the necessary investing savvy. Continue reading People@Work: Now, Governments Are Shifting Pension Burdens Onto Workers People@Work: Now, Governments Are Shifting Pension Burdens Onto Workers originally appeared on DailyFinance on Mon, 07 Mar 2011 08:30:00. Filed Under: Retirement , Columns , Economy , Careers Permalink | Tweet this! | Comments