China has had a generous pension scheme that is largely unfunded and runs on a pay-as-you-go (PAYG) basis.
中国一直采取慷慨的养老金方案。该方案在很大程度上没有基金储备，以现收现付的形式运作。
2
The pension payout to Goodwin hinged on the basis that he was allowed to retire early rather than being ousted, which may have reduced the size of the payment.
古德温的退休金问题在于他是被允许提前退休而不是被赶走的，这将减少支出。
3
Many workers are now auto-enrolled in pension plans, on the basis that they are too apathetic to provide for their futures voluntarily.