The option for stakeholder pensions was made available in the United Kingdom in the 2001 period as a measure which was felt by the governmental figures who had created the program as a way of enhancing the ability of pension plan schemes, as a general method, to deliver consistent financial returns to plan holders. The Stakeholder Pension program thus went into effect for United Kingdom citizens in the April of that year. The option of stakeholder pensions was oriented specifically toward people in the lower to moderate range of the earning spectrum. 

Various requirements are set out by the Stakeholder program under law. In this regard, stakeholder pensions must be available to employees when the entire labor force of the prospective stakeholder pension plan provider numbers at least and possible more than five employees.

The stakeholder pension option is also geared toward being provided with less inconvenience than conventional pension plan options. According to reports issued on the success of stakeholder pensions, the stakeholder pension option had not largely fulfilled the goals which had been issued for it by the government. In this regard, discussion began in government circles over the possibility of altering the stakeholder pension into a similar but improved pension plan program referred to as Personal Accounts.

In general, the Stakeholder Pensions option will be provided using at least 3/4 of the funds contained in the program. Any Stakeholder Pension program which is set up will have to be registered with the Pensions Regulator oversight agency.

Civil Service pensions are provided, under this specific title, to people who in the workforce of the United Kingdom government. The Civil Service Pensions system provides for departmental, agency, and non-departmental employee needs alike, and in all includes close to half a million people who are accordingly thus recognized as being eligible to receive a Civil Service Pension. Various Civil Service Pension plans include the Nuvos, Classic, Classic Plus, and Partnership options for interested individuals.

The widows pension service is an option which is provided through the pension systems of various counties. Widows pension plans were available, for one, to United Kingdom residents up to 2001, when this option was abolished by a decision of the government. In the United States, media interest was aroused in the widows pension plan option in 2006 when a delayed payment was made out in the name of Harriet Tubman. 

A retirement pension is one of the main options which is available through the basic option of a financial plan in the form of an old age pension plan provided either to public or private employees. An old age pension can also be referred to as a plan for deferred compensation, according to which employees in either area of service can choose to reduce their present income somewhat to create a later safety net. 

The Stakeholder pension program was created by the United Kingdom government as one of the programs aimed at the goal of providing for the financial well-being of its citizens following their exit from the labor force. In this regard, stakeholder pensions were made mandatory as options being presented by private business, according to legislation passed, when a workforce consisted of more than 5 people. Later reports on the program were not encouraging. 

The teachers pension system of the United States has been noted by news and political commentators as a contentious political issue in the wake of the global financial recession taking hold in the late 2000s. In this regard, 2010 reports found that, overall, the teachers pensions systems might be underfunded to an amount of up to $1 trillion. In this regard, private employees have been noted for sometimes having sympathies opposed to teachers pension levels. 

The private pension area can be contrasted with the other main form which these retirement benefits can take, that of public pension funds, administered, in that regard, by government agencies to their own employees. In that private pensions are left up to the discretion and better judgment of corporations in their basic form, labor laws typically provide for the ways in which private pension plans can be set up and offered. 

The self- invested pension plan is a feature specifically of the UK system for providing pension to employee. In this regard, a self invested personal pensions are set apart from other kind of pension plans, as also involve retirement funds being directed out of accounts and paid into stocks and other forms of investment, in that a self invested personal pension is self-directed, albeit within specified, permissible area for investment.

The issue of teachers pension plans have become controversial in the period following the beginning of the global financial recession in the late 2000 period, specifically in the United States. The teachers pensions options in this area is noted for making up a large section of the public expenditures as are required for the country.

Teachers pensions are accordingly made available to educators who retire after consistently and successfully serving a role in the educational system. News reports released in the 2010 period indicated that as much as $1 trillion in teachers pensions funds were required and, as of yet, not held by United States state governments in order to satisfy the obligations for teachers pensions as have already been made in promises to teachers employed in state educational systems. 

In this regard, the issue of teachers pension benefits have been particularly notable due to the problems with funding retirement benefits in the private sector. Teachers pensions have been noted and in some cases opposed due to the need for raising taxes in order to pay for teachers pension plans

 Moreover, controversy has also been raised over teachers pension due to the related possibility that other services, outside of the educational system’s sector, as were formerly made available through the government would have to be cut off or curtailed to some extent. To this end, concerns and predictions have been issued to the effect that teachers pensions are likely be raised in electoral campaigns and may be contested by political candidates and commentators as economic issues continue to face the country.

The self invested personal pension option is specifically made available through the specific system of the United Kingdom pension plan program, which has been passed into effect under the approval of government oversight programs. In this regard, the Self Invested Personal Plan option can be placed in the larger category of Personal Pension Plans.

In this regard, people who do not choose to secure Self Invested Personal Pension programs for themselves may opt for the alternative, in order to still gain access to some kind of Personal Pension Plan, of Stakeholder Pension Plans. 

Self Invested Personal Pension programs have been set up in order to allow people to more specifically direct the course of their pension plan funding by making the decisions as to the investments to be made according to their own judgment, rather than leaving these judgments up to the decisions of plan administrators or financial advice consultants, as might otherwise be the case.

To this end, it should be noted that the particular Self Invested Personal Pension decision which is made will have to come under the oversight of, as provides for one source of limitation, the HM Revenue and Customs agency, which approves investment locations which can be selected in this context. It should be noted, however, that any kind of financial product can be covered under the Self Invested Personal Pension program and the HM Revenue and Customs authority. Some financial products secured through the Self Invested Personal Pension option may, moreover, be tax exempt.