PTAD Set To Settle Late Pensioners Entitlements

Yemisi Izuora
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As the Pension Transitional Arrangement Directorate (PTAD) prepares for settlement of late pensioners entitlement, it has commenced the validation of all Next-of-Kins (NOKs) of parastatals’ pensioners.

PTAD Director-General, Ms Nellie Mayshack during a nationwide validation for NOKs in Lagos said NOKs who were verified by the National Pension Commission (PenCom) between 2008 and 2012 during the Parastatals Pensioners Verification Exercise (PPVE) Phase 1, belong to the education and health sector workers who died while in active service.

She said: “The NOKs were required to present documents, which include PenCom Verification Slip, Valid and proper means of Identification, Bank Account Number (NUBAN), Bank Verification Number (BVN) and one coloured passport photograph

“In addition, families of NOKs who are now deceased were asked to attend the exercise with the death certificate of the deceased from a government recognised hospital and Letter of Administration. Sick and infirm NOKs should call PTAD toll-free telephone number before the commencement date for any special arrangements.

“PTAD is exercising due diligence by validating the NOK records in readiness for payment to them. This is in view of the time lapse between the period of PenCom’s revalidation exercise and the payment period.”

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