The Pension Transitional Arrangement Directorate (PTAD) has paid the sum of N278,097,250.31 to 338 next of kins (NoKs) of the deceased civil service pensioners under the Defined Benefit Scheme.
The agency explained that the next of kins who are beneficiaries of deceased Civil Service Pensioners who died after service, duly completed the process of documentation and have been cleared for payment by federal auditors. The timely payment was achieved through diligent verification exercise conducted by the Directorate to authenticate genuine Noks before payment is made.
LEADERSHIP recalls that the PTAD has also commenced payment of the 33 per cent pension payment increase to pensioners. The payment began in October 2014 and all arrears for the year 2014 were completed in December 2014. In 2016, the backlog of the 33 per cent pension arrears for the Customs, Immigration and Prisons Pension Department was fully paid. In the same year, 12 months pension arrears was paid to pensioners under Civil Service, Police, Parastatals Pension Departments.
Also, in November 2017, the federal government through PTAD, further paid six months arrears across board to pensioners under Civil Service, Police and Parastatals Pension Departments, it confirmed.
The agency said that the Minister of Finance, Zainab Ahmed is committed to ensuring that all pension backlogs are cleared and is working with PTAD and relevant government agencies to make sure that backlog of outstanding pension arrears are cleared, adding that the federal government has regularly made monthly pension payments to all retirees under the Defined Benefit Scheme (DBS) on PTAD payroll.
How Smuggling, Insecurity Threaten Steel Development
It is saddening and worrisome that increased smuggling of steel products into the country is inhibiting the efforts of the...
AAC Sets Up C’ttee To Probe Sowore Over $1m
The National Working committee of the African Action Congress( AAC) has set up a committee to probe Omoyele Sowore over...
National Orientation Agency Is Almost Dead- Amb. Coomassie
Regional Director, Association for Good Governance Network (AGGN) and Deputy National Coordinator (Diaspora), Buhari Campaign Organisation (BCO), Amb. Hussaini Coomassie,...
NGF Chairmanship: Odds Favour Fayemi
All things being equal,Ekiti State governor, Kayode Fayemi will today emerge as the chairman of the Nigerian Governors Forum( NGF)...
‘Our Gas Intervention Impacting Nigeria’s Economy’
Seplat Petroleum Development Company Plc has been at the forefront of investing in projects that will enhance gas utilization and...
Stakeholders Task FG On Digital Switchover
Critical stakeholders have urged the federal government to ensure the realisation of a full transition from Analogue to Digital Terrestrial...
NEWS17 hours ago
Gov. Bagudu Ready To Pay New Minimum Wage – NLC
NEWS16 hours ago
UPP Reconstitutes Anambra Executive
SPONSORED18 hours ago
Simple Ways To Cure Weak Erection And Quick Ejaculation
BUSINESS17 hours ago
US ‘Underestimates’ Huawei – Founder
SCIENCE TECHNOLOGY16 hours ago
9mobile Introduces WhatsApp Customer Care
COVER STORIES4 hours ago
Police Feed Detained Vulture With N5,000 Daily
NEWS14 hours ago
Insurgency: Vulture On Ariel Survillence Arrested In Adamawa
Others17 hours ago
Ramadan: Saraki Holds Iftar For Constituents In Ilorin