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 May 28, 2024
by Mike Rawson · Published June 29, 2022
by Mike Rawson · Published November 26, 2014 · Last modified October 26, 2016
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The price of anything is the amount of life you exchange for it.

