单词 | unfunded pension scheme |
释义 | unfunded pension scheme A pension scheme with no pension fund. The pensions of current beneficiaries are paid by a former employer out of current revenue or contributions by present employees, on a pay-as-you-go basis. Such pensions are safe only if the employer cannot become insolvent or cease to trade; this normally requires either state ownership or a state guarantee. |
随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。