FG Releases N278.9m To Offset Deceased Public Officers Pension — Leadership Newspaper
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FG Releases N278.9m To Offset Deceased Public Officers Pension

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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.



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