PTAD Pays N784.38 Million Pension Arrears To 502 Beneficiaries

Yemisi Izuora 

The Pension Transitional Arrangement Directorate (PTAD) has paid the sum of N784,377,933.27 as pension arrears to 502 Civil Service Pensioners 

The category of pensioners who received this payment include 262 verified eligible pensioners with complaints of non-payment of pension arrears from the North East, South East, North West and South South Zones. 

They received a total of N370,162,701.77.

Also forty-one pensioners who were part of the 24,021 suspended in April 2018 for non-verification but have now been verified and restored to the monthly pension payroll with pension arrears for the months of April 2018 – June 2019 have received the sum of N15,543,703.96.

In the same vein, N398,671,527.54,  was paid to 199 verified eligible pensioners added to the pension payroll in July 2018 from the South West and North Central Zones.

The Directorate further assured verified eligible pensioners awaiting payment of their pension arrears, that in line with restoring hope in pension administration under the Defined Benefit Scheme (DBS), outstanding arrears will be cleared.

READ  Photonews: Press Conference on outcome of Federal Aviation Administration, (FAA) audit

Add Comment