PTAD pays 122 NAHCO ex-workers outstanding entitlement
The Pension Transitional Arrangement Directorate (PTAD) has paid the 1st and second batch of verified Nigerian Aviation Handling Company (NAHCO) ex-workers their one -off outstanding entitlement.
A total of 122 NAHCO beneficiaries have so far been paid in the two batches between the months of June and July.
The Executive Secretary, Dr. Chioma Ejikeme said the Directorate will continue to pay the beneficiaries in batches subject to availability of funds
The payments are in fulfillment of PTAD’s promise in a statement on June 11, 2020 that the Directorate was ready to pay the verified Ex-Workers and Next of Kin (NoK) of NAHCO in line with the takeover approval of pension- related matters of some agencies, privatized/liquidated by the Bureau of Public Enterprises, among which is the Nigerian Aviation Handling Company (NAHCO).
The Executive secretary, Dr. Chioma Ejikeme had explained that the Directorate carried out a physical verification and biometric capture exercise for eligible ex-workers and Next-of-Kin (NOK) of deceased ex-workers of NAHCO during the Directorate’s nationwide Parastatals Pensioners Verification Exercise conducted in 2019.
Subsequently, according to her, the collated data were subjected to rigorous due processes culminating in the computation and auditing of the entitlements of the verified ex-workers and NOKs.
She had promised that the Directorate was prepared to make payment in batches to NAHCO ex-workers and NOKs that are eligible to receive the one-off (Final) payment.
Dr. Ejikeme, in the statement had emphasized that for the pensioners and NoKs to access the benefit, it was pertinent to highlight certain salient points that define their eligibility.
Therefore, the payments so far made by PTAD is in respect of any outstanding terminal benefit that may exist as at the effective date of NAHCO privatization when the Federal Government of Nigeria (FGN) entire equity holding in the company., adding that the Payment would be made in batches subject to availability of funds.
She had explained that the effective date of the privatization of NAHCO was 31st August, 2005, stating that all ex-workers who exited the Company prior to privatization of NAHCO had been fully settled by the Company and do not have any outstanding terminal benefits.
She had explained further that Federal government was not responsible for the period served beyond the effective date of NAHCO privatization and thus all ex-workers and NOKs in this category are not under the purview of PTAD.
All NAHCO ex-workers engaged after the effective date of privatization, according to her, do not qualify for any entitlement under this arrangement and assured all and sundry that the welfare of Pensioners remains PTAD’s priority at all times.
