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 January 2, 2019 · Last modified February 4, 2020
by Mike Rawson · Published November 23, 2021
by Mike Rawson · Published March 22, 2017 · Last modified March 11, 2018
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Lack of money is the root of all evil.

