The Pension Transitional Arrangement Directorate, PTAD has disclosed the payment of N1.7 billion outstanding pensions to 5,382 Civil Service Pensioners.
The pensioners according to the agency, are among the 7,969 Civil Service Pensioners who were enrolled on PTAD monthly payroll in March 2018 with a total payment of N71.5m for the month.
In addition, PTAD has adjusted monthly pension payments for 10,522 pensioners to
reflect their correctly computed monthly pension based on their employment records, while 4,292 pensioners had their monthly pension payments adjusted downward, and another 6,230 were adjusted upwards.
The PTAD assures all pensioners under the Defined Benefit Scheme who have outstanding pension arrears that payments will be made as soon as the Federal
Government allocates and disburses funds.
The agency further assures its pensioners that President Muhammadu Buhari’s
administration’s is committed to the welfare of Nigerian pensioners.