Pay as you go: Difference between revisions

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imported>Doug Williamson
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(PAYG).
(PAYG).
1. ''Pensions.''
 
1.  
 
''Pensions.''
 
A pension arrangement under which benefits are paid out of revenues and no funding is set aside to meet future liabilities.
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.
 
2.  
 
Any other arrangement in which payments are made from time to time.
 


== See also ==
== See also ==
* [[Unfunded scheme]]
* [[Unfunded scheme]]

Revision as of 14:02, 21 August 2013

(PAYG).

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