Funding plan in which taxes are scheduled to produce as much income as required to pay current benefits, with trust fund assets built up only to the extent needed to prevent exhaustion of the fund by random fluctuations.
The Rantings of the barely human.
Funding plan in which taxes are scheduled to produce as much income as required to pay current benefits, with trust fund assets built up only to the extent needed to prevent exhaustion of the fund by random fluctuations.