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Oriental News Nigeria
Home»Pension»PTAD Makes Payment Of 33% Pension Arrears
Pension

PTAD Makes Payment Of 33% Pension Arrears

By Orientalnews StaffNovember 22, 2017No Comments1 Min Read
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Yemisi Izuora

The Pension Transitional Arrangement Directorate (PTAD), has paid pensioners under the Defined Benefit Scheme (DBS) another instalment of the 33 percent  Pension arrears  owed to its pensioners.
The categories of pensioners  affected include the Nigerian police pensioners; Civil Service Pensioners and parastatals pensioners.

The agency said, “All pensioners under the Customs, Immigration and Prisons Pensions Department had already beenpaid the 33 per cent arrears in full since August 2016.

The latest payment was made from the Service Wide Vote released last week by the Federal Ministry  of Finance (FMF).

The PTAD further assured that it will settle the outstanding arrears of the 33 per cent increment as soon as additional  releases are made.

“Until then, the Directorate implores all Its pensioners to be patient and continue to exercise vigilance against the activities of fraudsters and  rabble-rousers.
“Always remember that the payment of pension and other retirement benefits is free.  Please report any incident of extortion to the Directorate or the security agencies.

“Should you require further information do not hesitate to contact PTAD on the following toll free number: 0800 -22557823 or +234 (0)9 462 1700; +234 (0) 813 6048117, it said.
You can also contact the agency via email at: info@ptad.gov.ng.

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Orientalnews Staff

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