Pay as you go and Sado-monetarism: Difference between pages

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(PAYG).
See [[Sadomonetarism]]
1. ''Pensions.''
A pension arrangement under which benefits are paid out of revenues and no funding is set aside to meet future liabilities.
 
2. Any other arrangement in which payments are made from time to time.
 
== See also ==
* [[Unfunded scheme]]
 

Revision as of 09:53, 9 July 2013

See Sadomonetarism

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