Question: What is a private pension plan? How does a contributory pension plan differ from a noncontributory plan? Differentiate between accounting for the employer and accounting

What is a private pension plan? How does a contributory pension plan differ from a noncontributory plan? Differentiate between "accounting for the employer" and "accounting for the pension fund." What is the role of an actuary relative to pension plans? What are actuanal assumptions?

What is a pnvate pension plan? How doos a contributory ponsion plan diffor from a nonoantrbutory plan? Diforontiate betwoen "acocrantng for the employer and "nccointing for the pension fund " Whit is the role of an ectuary relative to pensich plans? What are actuarial assumptions

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