Example sentences for: pay-as-you-go

How can you use “pay-as-you-go” in a sentence? Here are some example sentences to help you improve your vocabulary:

  • 43 Social Security is financed mainly on a pay-as-you-go basis, which means that payroll taxes of current workers are used to pay retirement, disability, and survivor benefits for current beneficiaries.

  • Given this prospect, the country should save heavily to make provision for the future--and lacking the kind of pay-as-you-go Social Security system that allows Americans to ignore such realities, it does.

  • Social Security is an unfunded "pay-as-you-go" system--most of the payments into the system are transferred to current retirees for current consumption, not "saved" as government bonds.

  • The deal's spending caps and pay-as-you-go rules also brought discipline to domestic spending.

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