PTAD pays N6.31bn to 177,703 pensioners as 33% arrears
Pension Transitional Arrangement Directorate (PTAD) has paid N6.31 billion as six months arrears of the 33 per cent pension increment.
A statement released by the Directorate indicated that the payment covers 101,393 Civil Service Pensioners on all grade levels and 76, 310 Parastatals pensioners across 186 agencies.
The statement quoted the Executive Secretary of the Directorate, Sharon Ikeazor, as haven noted that pensioners’ welfare is a priority for present administration.
It will be recalled that PTAD had fully settled the inherited backlog of the 33 per cent pension arrears of the Customs, Immigration and Prisons as well as Police pensioners in 2016 and 2018 respectively.
The Executive Secretary further assured pensioners that the Directorate is working with its supervisory Ministry of Finance as well as other relevant government agencies to clear the outstanding balance. the