The city of Czerkawski has two pension plans—one is a defined benefit plan for its Water and Sewer Enterprise Fund employees and the other is a defined contribution plan for its general government employees. A single-employer defined benefit pension plan (with a trust that meets GASB requirements) is used to accumulate resources for and to provide benefits to retirees of the city’s Water and Sewer Enterprise Fund. Assume that the actuary for the city of Czerkawski’s Water and Sewer Enterprise Fund measures its net pension liability on December 31, 2019, which is its fiscal year-end. The actuary provides the following additional information in its reporting package to the city of Czerkawski’s accounting department for its use in preparing the Water and Sewer Enterprise Fund’s December 31, 2019 financial statements.

Actuarial Provided Account Information Fiscal Year Ending December 31, 2018 Fiscal Year Ending December 31, 2019
Net pension liability $8,380,000 $8,800,000
Deferred inflow of resources—investment gain 420,000 350,000
Deferred outflow of resources—economic factor 424,000 371,000

The city of Czerkawski contributed $1,080,000 cash to the defined benefit pension plan during the fiscal year ending December 31, 2019.

The city’s general government employees participate in a defined contribution plan. During 2019, the city made $4,200,000 in cash contributions to its employees’ individual defined contribution pension retirement accounts. Based on benefit terms, the city was required to contribute an additional $280,000 during 2019 that it did not contribute.

1. Prepare the journal entry to record the defined benefit pension related activity, including the pension expense, for the city of Czerkawski’s Water and Sewer Enterprise Fund for its 2019 fiscal year.
2. Prepare the journal entries to (a) record the cash contributions and (b) to record any required year end accrual for the city’s defined contribution plan in the city’s General Fund.