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 July 4, 2016
by Mike Rawson · Published March 31, 2020
by Mike Rawson · Published August 26, 2015
More
A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.

