Why Pensioners Payments are delayed – PTAD
Pension Transitional Arrangement Directorate (PTAD) has cleared the air on the recent failed payments to some pensioners blaming Government Integrated Financial Management Information System (GIFMIS) and banks for the failure.
It has also informed those who did not receive their March pension that their payments will be re-presented.
In its twitter handle PTAD said the failed payment was caused by the failure of the interface/gateway between the Government Integrated Financial Management Information System (GIFMIS) and the banks.
“We wish to inform our pensioners who did not receive their March pensions that we have represented the payment again. The failed payments were as a result of the failure of the interface/gateway between the Government Integrated Financial Management Information System (GIFMIS) platform and the banks. Most affected are First Bank and Union Bank”
Meanwhile, some pensioners verified by PTAD are already expressing worries over the delay in getting their pension benefits.
Some of them who were verified in the fourth quarter of 2017 said some of their colleagues have died awaiting the outcome of the verifications, while others are unable to carter for their health challenges.
They called on PTAD to urgently keep to the promises made to them during the verification.
PTAD said for Pensioners verified in the South West & North Central in Q4 2017 the accurate computation of their benefits is currently being made.
It stated that to date over 19,500 Verified pensioners from the North West, South East, North East, South South have been reinstated and paid their arrears. Some of these pensioners were wrongly removed from the payroll prior to the establishment of PTAD.
According to PTAD, “The computation of the pension benefits of PTAD verified pensioners is on-going and payments are made upon completion. Over 19,500 verified civil service pensioners have been enrolled. More verified pensioners will be enrolled shortly.
“The accurate computation of pension benefits for Civil Service Pensioners verified in the South West & North Central in Q4 2017 is currently being processed. We assure our pensioners that we are working tirelessly to ensure they receive what is rightly due to them.
“For Pensioners verified in Q4 2017 and Q1 2018 under the Parastatal Pension Department ( FHA,NNN, NICON, Nigerian-Re, DSC & NITEL/Mtel) the accurate computation of their benefits is currently being made.
“The Parastatal Pension Department (PaPD), according to PTAD, for first quarter of 2018, has made the following monthly payments (MP): January MP N4,097,429,279.00 paid to 98,259 pensioners; February MP N4,134,638,576.19 and March MP, N4,117,983,034.76.”
It said 2017 Post verification enrolment and payments to 2,830 pensioners verified in the North East were enrolled and paid total arrears of N1.32b. South South 8,564 pensioners were paid a total arrears N4.98b
The Civil Service Pension Department (CSPD), PTAD said. has made the following monthly pension (MP) payments in Q1 2018: January MP N2,215,830,506.54 paid to 111,525 civil service pensioners and 219 Retired Permanent Secretaries and Head of Department; February monthly payment stood at N2,216,184,723.81 whiles the N2,216,703,124.70 was paid in March.
PTAD stated that the accurate computation of pension benefits for Civil Service Pensioners verified in the South West & North Central in Q4 2017 is currently being processed.
It assured the pensioners that it is working tirelessly to ensure they receive what is rightly due to them.
“To date over 19,500 Verified pensioners from the North West, South East, North East, South South have been reinstated and paid their arrears. Some of these pensioners were wrongly removed from the payroll prior to the establishment of PTAD,” it said.
