1. State / Government Pension

Provided by the government, usually funded through taxes or compulsory social security contributions.

Example: U.K. State Pension, U.S. Social Security, Canada CPP.

2. Occupational / Employer Pension

Set up by your employer to provide retirement income. Contributions are often made by both employer and employee.

Example: Company pension plans, public sector schemes.

3. Defined Benefit (DB) / Final Salary Pension

Pays a guaranteed income for life based on your salary and years of service.

Employer carries the investment risk; income is predictable.

4. Defined Contribution (DC) / Money Purchase Pension

You and/or your employer contribute to an investment fund.

Your income depends on how much you save and how well investments perform.

5. Personal / Private Pension

A pension you arrange yourself, independent of an employer.

You choose the provider, contribution amount, and investments.

6. Self-Invested Pension (SIPP / Self-Directed IRA)

A type of personal pension where you control investment choices such as stocks, bonds, or property.

Requires more knowledge and involvement.

7. Public Sector Pension

Pension for government or public service employees such as teachers, police, or military.

Usually defined benefit and backed by the state.

8. Social / Non-Contributory Pension

Funded fully by the government for people with little or no contribution record.

Provides basic income support in old age.

9. Hybrid / Cash Balance Pension

Combines features of defined benefit and defined contribution plans.

Employer guarantees a set return on contributions.

10. Overseas / Expatriate Pension

Designed for people working abroad, allowing international contributions and transfers.

Example: QROPS (Qualified Recognised Overseas Pension Scheme).