Pensions and annual leave
Within the CAMHS Academy in Hampshire and Isle of Wight
Annual leave
As part of nationally agreed terms and conditions, all staff benefit from a generous NHS annual leave entitlement which increases with length of service, plus public holiday entitlement.
When you start working for the NHS, you will receive the following days annual leave allowance (pro-rata for part-timers):
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27 days when you start
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29 days after five years’ service
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33 days after ten years’ service
Entitlement to annual leave is calculated according to completed NHS service which may not necessarily be continuous. The annual leave year runs from 1 April to 31 March and is calculated at the rate of 1/12th of a full year’s entitlement.
Entitlement to annual leave is calculated according to completed NHS service which may not necessarily be continuous. The annual leave year runs from 1 April to 31 March and is calculated at the rate of 1/12th of a full year’s entitlement.
Pensions
We recognise that understanding pension options can be challenging. That’s why we have a dedicated space for all things pensions to support you in understanding your options by directing you to the right information, to help you make those important decisions about your future
What is a Pension?
A pension is essentially a long term savings scheme. It is a way to invest for your future and help you build your savings for life after work. One of the benefits of working in the NHS is having the option to join one of the pensions schemes.
From 1 April 2022, all members of the NHS Pension Scheme will be members of the 2015 Pension Scheme. The 2015 Scheme is a Career Average Revalued Earnings (CARE) scheme. This is a form of defined benefit pension scheme. When you take your pension benefits, you’re guaranteed to be paid a defined amount of pension benefits. In a CARE scheme, this amount is calculated based on your pensionable pay throughout your career. Each year, the amount of pension you earn is calculated based on your actual pensionable pay in that Scheme year. This amount is then increased (known as revaluation) every year until you retire or leave the Scheme. Your final pension amount is the total of all of these revalued pots from each year of your membership added together. Once your pension benefits are payable, your pension will be subject to an increase each year based on the consumer price index (CPI), decided by HM Treasury.
Joining the scheme
You are able to opt in or opt out of an NHS Pensions Scheme. The following dropdowns provide further information on joining the scheme.
How do I join an NHS Pension Scheme?
How much will I contribute, and how much will my employer contribute?
What are the benefits of joining the NHS Pension Scheme?
Did you know?
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There are different types of NHS Pension Schemes. There's the 1995 / 2008 Scheme and the 2015 Scheme. Watch the video to understand which Pension Scheme you’re in.
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There are many benefits in joining the NHS Pension Scheme such as family benefits and ill health benefits. Watch the video to understand all the benefits.
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If you have another pension from another organisation, you can apply to transfer it into the NHS Pension Scheme. If you are changing roles within NHS England and Wales, you do not need to transfer, and your pension will automatically link in. This document outlines the process.
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Pension jargon can be confusing, read the jargon buster guide to help you navigate your way through
Watch this video to understand more about the important benefits of being a member of the Scheme.
Latest updates
For the latest updates on NHS Pensions please visit the NHS Business Service Authority website where you can find out even more about the scheme: NHS Pensions | NHSBSA