this post was submitted on 21 Dec 2024

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Japan Is So Desperate to Increase Its Birth Rate That Tokyo Is Trying Out a New Idea: Free Daycare (www.xatakaon.com)

submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 4 hours ago

I don’t think you know what you’re talking about.

The UK State Pension is unfunded, which means that its obligations are not underpinned by an actual fund or funds. Such schemes are often referred to as “Pay As You Go” (PAYG). The pension payments made by the government for unfunded pensions are financed on an ongoing basis from National Insurance contributions and general taxation.