Pay as you go: Difference between revisions
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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. | |||
''Australia.'' | |||
The Australian equivalent to the UK PAYE system. | |||
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== See also == | == See also == | ||
* [[Australia]] | |||
* [[Pay as you earn]] | |||
* [[Unfunded scheme]] | * [[Unfunded scheme]] | ||
Revision as of 12:53, 7 November 2018
(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.
Australia.
The Australian equivalent to the UK PAYE system.
2.
Any other arrangement in which payments are made from time to time.
