现收现付模式 meaning in English

pay-as-you-go system

The funding pattern turns from the traditional pay - as - you - go pattern to the funded or partly funded pattern
养老金大额筹资模式从传统的现收现付模式转向基金积累制或部分积累制。
Part five , fund management and investment , systematically analyses the fund management problems of rural social in - surance for the aged and investment models
国际经验表明，养老保险模式按基金的融资方式可以分为现收现付模式、完全积累模式、部分积累模式。
Especially in the course that the old age insurance model evolves from the traditional pay - as - you - go pattern to the partly funded pattern , the old age insurance fund is faced with the problem of unbalanced revenue and expenditure
尤其是养老保险模式从现收现付模式转变为部分积累模式的过程中，我国的养老保险基金出现了收支不平衡问题。
In this chapter , the author introduces three basic modes of raising pension funds across the world , namely , the cash - in and cash - out mode , the partially accumulate fund mode ( quasi - fund system ) , and the completely accumulated fund mode ( fund system )
首先介绍了目前世界上养老保险的三种筹资模式，现收现付模式、部分积累(半基金制)模式和完全积累(基金制)模式。