Press Release – PTAD Pays 5,382 new enrollees N1.7bn outstanding pension arrears
5,382 Civil Service Pensioners have been paid a total sum of N1.7bn outstanding pension arrears by the Pension Transitional Arrangement Directorate (PTAD).
These pensioners 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.