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PTAD Pays 177,703 Parastatals And Civil Service Pensioners 33% Arrears. - The Revealer
Pension

PTAD Pays 177,703 Parastatals And Civil Service Pensioners 33% Arrears.

Pension Transitional Arrangement Directorate(PTAD) has paid  the sum of N6, 314,762,464.60 (Six Billion, Three Hundred and Fourteen Million, Seven Hundred and Six Two Thousand, Four Hundred and Sixty Four Naira, Sixty Kobo Only) being six (6) months arrears of the 33% pension increment..

A statement today by the management of PTAD, said “The payment covers 101,393 (One Hundred and One Thousand, Three Hundred and Ninety-Three) Civil Service Pensioners on all grade levels and 76, 310 (Seventy Six Thousand, Three Hundred and Ten) Parastatals pensioners across 186 (One Hundred and Eighty Six) Agencies”.

The Executive Secretary, Sharon Ikeazor, the statement stated, noted that pensioners’ welfare is a priority for the present administration.

“It will be recalled that PTAD had fully settled the inherited backlog of the 33% pension arrears of the Customs, Immigration and Prisons as well as Police pensioners in 2016 and 2018 respectively.

“The Executive Secretary further assured pensioners that the Directorate is working with its supervisory Ministry of Finance as well as other relevant government agencies to clear the outstanding balance,“ the statement added.

 

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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