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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?
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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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