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PTAD Pays More Pension Increment Arrears to DBS Pensioners. - The Revealer
Pension

PTAD Pays More Pension Increment Arrears to DBS Pensioners.

The Pension Transitional Arrangement Directorate  ( PTAD) has paid an additional nine months of consequential adjustment arrears occasioned by the new minimum wage increase of 2019 to Civil Service Pension Department Pensioners and six months of the same arrears to Parastatals, Police, Customs, Immigration and Prisons Department Pensioners bringing the arrears paid so far to a total of 18 out of the 24 months arrears of the Pension Increment.

The Executive Secretary PTAD, Dr. Chioma Ejikeme made this statement today in her response to the commendations from Pensioners on the payment of the arrears.

It would be recalled that in May, 2021, the Directorate implemented the consequential adjustment on Pensions as a result of the minimum wage Increment of 2019 and commenced payment of arrears to the Pensioners of the 4 operational departments as directed by President Muhammadu Buhari.

The Civil Service Pensioners were paid 9 months of the arrears while Parastatals, Police and Customs Immigration and Prisons Pensioners were paid 12monhs arrears in May.

With this payment, each of the Pensioners in the 4 operational departments would have  a balance of 6months arrears left to be paid.

According to the ES, the payment was to further support DBS Pensioners especially during this festive period of the celebration of this year’s Eid el Kabir. While wishing all Muslim Pensioners a Happy Eid El Kabir, she promised to continue to support and promote the welfare of the Senior Citizens in accordance with the mandate of the Directorate.

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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