What are some of the likely challenges benefit professionals would face if they terminated defined benefit plans?

Employer-sponsored retirement plans are offered at the discretion of employers, unfortunately, many defined benefit programs have created a substantial financial burden on employers that fund them. Based on what you have learned in this lesson and the development of your own thoughts, write a post based on the following questions. Explain why for your answer to each question, and draw on your work experiences where relevant.QuestionsFor companies offering defined benefit plans, should they terminate them for current employees?What are some of the likely challenges benefit professionals would face if they terminated defined benefit plans?Assume that a company chooses to terminate its defined benefit plan. Should the company reinvest the savings in other benefit programs (for example, extended paid time off, wellness programs, student loan repayment assistance, and so forth) or other HR programs, such as training?