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 September 16, 2022
by Mike Rawson · Published January 8, 2016 · Last modified February 8, 2017
by Mike Rawson · Published September 4, 2022
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Let everyone sweep in front of his own door, and the whole world will be clean.

