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 August 18, 2015 · Last modified September 22, 2015
by Mike Rawson · Published January 15, 2021 · Last modified February 25, 2021
by Mike Rawson · Published June 4, 2023
More
When all you care about is money, eventually you get Dubai.

