PTAD Places 470 New Nigerian Newspapers Pensioners On Life Pension 

Yemisi Izuora 

Four hundred and seventy Pensioners of the New Nigerian Newspapers, NNN, have finally been placed on pension for life, the Pension Transitional Arrangement Directorate (PTAD), has confirmed.

The PTAD which received the Management Team of New Nigerian Newspaper led by its Ag. Managing Director, Maruf A. Ibrahim on courtesy visit to PTAD Executive Secretary, Sharon Ikeazor to appreciate her for the timely intervention of the Directorate in placing New Nigerian Pensioners on monthly pension, is also working to ensure others who are yet to be placed on payment platform of government will be concluded soon.

The NNN officials said they are very happy at the speed at which PTAD was able to resolve, compute and pay their pensioners and acknowledged the competence and diligence of PTAD staff in putting the pensioners first.

PTAD had in October placed 470 New Nigerian Newspaper Pensioners on monthly pension payment for life. 

The Directorate advised those who have not received their payments to contact their bankers while while it re-present the 23 failed payments which is largely due to Pensioners inactive accounts.

The Team was assured that Government will soon set up an Inter-Ministerial Committee to look into and dispense with the issue of pension arrears that has accumulated over the years. Also, the payment to the 109 Next of Kin,  NoKs is being computed and they will be contacted once the funds are released.

Add Comment