What plans should you have in place to counteract the decline of jobs that provide pensions

In reality, large corporations were lobbying Congress to shut down their pension plans because they were too expensive to administer, and the employer held all of the investment risk. ... The 401(k) allowed companies an alternative to pension plans so that they were no longer responsible for paying their retired employees

explanation:

always include the steps and/or background required to get to the final answer. let’s other people understand and solve future problems on their own.

i think the answer is true