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 21, 2020 · Last modified September 17, 2020
by Mike Rawson · Published July 26, 2021
by Mike Rawson · Published June 17, 2022
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If your ship doesn’t come in, swim out to meet it.