PTAD Pays 15-Months To 5,238 Nitel/Mtel Pensioners….Commends Buhari’s Successes In Pension Administration
PTAD Executive Secretary, Dr Chioma Ejikeme Addressing Pensioners and Other Stakeholders at the South-South Stakeholders Forum Held on December 7th & 8th In Calabar, Cross River State
The Pension Transitional Arrangement Directorate (PTAD) has paid 15 months of Inherited Unfunded Pension Liabilities to the second and final batch of 5,238 Nitel/Mtel pensioners.
This is inline with the assurances given by PTAD Executive Secretary, Dr Chioma Ejikeme at the just concluded South South Stakeholders engagement held in Calabar, Cross River State.
Dr Ejikeme said N5.745bn has been paid to 5,238 pensioners which is fifteen (15) months out of the outstanding sixty-three (63) months of the inherited unfunded pension liabilities.
In another development, the Directorate (PTAD), has expressed appreciation to President Muhammadu Buhari, for the successes recorded in pension administration of Defined Benefits Scheme (DBS) in Nigeria.
The Executive Secretary PTAD, Dr. Chioma Ejikeme, expressed appreciation in Calabar during a Stakeholders Engagement Forum organised for pensioners in the South-South Zone of the country.
Dr Ejikeme said President Buhari has prioritized the welfare of pensioners in the country and advised pensioners to engage with contestants at the federal and state level, to know who has an interest in their welfare.
In her goodwill message, the Director General, National Pension Commission (PenCom) represented by the Head, South-South Zonal Office, Mr Michael Ejiofor Eneh commended PTAD for its strides in improving the administration of the Defined Benefit Scheme.
Also speaking at the event, the National Vice President South- South, Nigeria Union of Pensioners, Comrade Benjamin Etta, said the achievements of PTAD has been wonderful. He thanked the President for his commitment to Pensioners welfare adding that the NUP has resolved to honour him.
