PTAD Pays N1.7 Billion Outstanding Pensions To 5,382 New Enrollees 

Yemisi Izuora 

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. 

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