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题目是这样的:

Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.

我的问题是pay-as-you-go是啥意思啊?

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from Longman: 

a pay-as-you-go mobile phone or Internet service is one that you must pay for before you can use it

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