BUSINESS
02/28/2011 05:43 pm ET | Updated May 25, 2011

Pension Funds Could Become 401Ks As States Look For Options

Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companies adopted years ago: moving workers away from guaranteed pension plans and toward 401(k)-type retirement savings plans.

Read more on nytimes.com