PAYG
Pay-as-you-go: scheme where pensions (and other benefits) paid out today are funded from revenues collected today.
« Back to Glossary Indexby Mike Rawson ·
Pay-as-you-go: scheme where pensions (and other benefits) paid out today are funded from revenues collected today.
« Back to Glossary Index
by Mike Rawson · Published June 7, 2021
by Mike Rawson · Published January 29, 2024
by Mike Rawson · Published June 13, 2019
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A man is rich in proportion to the number of things he can afford to let alone.