The pension plans are subject to various classifications depending on who promotes, what kind of investments made and what obligations stipulated in his contract.

Pension plans depending on the type of investors

Depending on who promotes pension plans can be:

·  Individuals are those that a person contract with a financial institution on its own initiative and independently.

·  In employment are those whose promoter is a company determined. They are a kind of reward to workers.

·  Partners are those that are hired for a particular group. The developer is usually an association and the unit, its members.

Pension Plans as form of investment

Depending on the type of investments they make, pension plans may be:

·  Equity assets are those that, at a minimum, invest 75% of their capital in equities and the rest in fixed income. The equity is a kind of investment whose profitability is a function of listed securities in which they invest.

·  Mixed Renta Variable are those who invest between 30% and 75% of their capital in equities and the rest in fixed income.

·  Fixed Income: are those who only invest their capital in fixed incomeThis is a type of investment in which is known that the profitability will generate from the time it is made.

·  Fixed Income Mixed I are those who invest up to 15% of the fund's capital in equities and the rest in fixed income.

·  Fixed Income II are those who invest between 15% and 30% of the fund's capital in equities and the rest in fixed income.

Pension plans depending on the type of input

Depending on the responsibilities required under its contract, pension plans may be:

·  Defined contribution plans are those in which states the amount that each person should economic deposit.

·  Defined benefit plans are those in which establishes the financial amount that people will receive at the time of retirement, or any other situation authorized for the collection of benefits. They tend to be pension plans with a fixed.

·  Plans mixed: they are a mixture of the two previous ones. They are those that set the economic figures that each participant must contribute and how much you will receive after meeting the requirements set for the recovery of the pension scheme.