The Pension Transitional Arrangement Directorate (PTAD) at the weekend stated that it had paid N846,146,987.71 to 2,730 pensioners of the Civil Service Pension Department as accrued arrears and gratuity owed them over the past years. The agency made this disclosure in a statement signed by its Head, Corporate Communications Department, Mr. Olugbenga Ajayi, on Friday. […]
Tag: Pension Transitional Arrangement Directorate (PTAD)
PTAD Verifies 10,357 Pensioners In S/East, Flags Off N/W Exercise
The Pension Transitional Arrangement Directorate (PTAD) has disclosed that 10,357 pensioners in federal Ministries, Departments and Agencies (MDAs) have been verified under the Defined Benefit Scheme (DBS) in the ongoing Fifth Phase of the Parastatals Pensioners’ verification exercise in the South Eastern part of the country. The exercise, which commenced on Monday August 26 across […]
Poor Implementation Of Audit Findings Bane Of Anti-Graft Drive – AuGF
The Auditor-General for the Federation (AuGF), Anthony Mkpe Ayine, has identified the poor implementation of audit recommendations contained in the Auditor-General’s inspections and annual audit reports as a major constraint to efforts aimed at sanitizing the nation’s public sector. Ayine made this disclosure when he hosted a delegation from the Pension Transitional Arrangement Directorate (PTAD) […]
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 […]
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. […]