PTAD Pays 5,382 New Enrollees N1.7bn outstanding pension arrears

Pension Transitional Arrangement Directorate (PTAD) has paid a total sum of N1.7 billion outstanding pension arrears to 5,382 Civil Service Pensioners.

These are among the 7,969 Civil Service Pensioners who were enrolled on PTAD monthly payroll in March 2018 with a total payment of N71.5m for the month.

In addition, PTAD has adjusted monthly pension payments for 10,522 pensioners to reflect their correctly computed monthly pension based on their employment records.  4,292 pensioners had their monthly pension payments adjusted downward, while 6,230 were adjusted upwards.

PTAD assures all pensioners under the Defined Benefit Scheme who have outstanding pension arrears that payments will be made as soon as the Federal Government allocates and disburses funds.

The agency further assures its pensioners that President Muhammadu Buhari’s administration’s is committed to the welfare of Nigerian pensioners.