Insurance & Pension Latest News

PTAD Pays N1.5Bn To Late NITEL/Mtel Employees’ Beneficiaries

The Pension Transitional Arrangement Directorate (PTAD) disclosed at the weekend that it had paid the sum of N1, 565,190,623.12 billion to 500 next of kins of the deceased NITEL/Mtel pensioners under the Defined Benefit Scheme. The Directorate stated that the payments were made to the beneficiaries sequel to their completion of the process of documentation […]

Insurance & Pension Latest News

PTAD Enrolls 284 Nigeria-Re Retirees In Pensioners’ Payroll

The Pension Transitional Arrangement Directorate (PTAD) has confirmed the inclusion of the names of 284 retired personnel of Nigeria Re Insurance company into its monthly payroll to enable the affected retirees enjoy the benefits of their labour. This step was undertaking by the Directorate 16 years after the company was privatized by the Federal Government. […]