Uncovering the mystery of the unfunded pension systems, also known as pay-as-you-go pension systems. Learn how they operate, their benefits, challenges, and why some people think they are the financial equivalent of trying to catch a unicorn.
Explore the basics and intricacies of unfunded (pay-as-you-go) pension systems. From understanding their charm to recognizing their pitfalls, dance through this financial topic with a smile!