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 June 1, 2016 · Last modified December 17, 2019
by Mike Rawson · Published July 15, 2015
by Mike Rawson · Published December 6, 2017
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Big shots are only little shots who keep shooting.