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PTAD Pays N846.1m Accrued Arrears, Gratuity To Pensioners

Mark Itsibor by Mark Itsibor
3 years ago
in News
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The Pension Transitional Arrangement Directorate (PTAD) said it has paid the sum of N846,146,987.71 to 2,730 pensioners of the civil service pension department in accrued arrears and gratuity owed the pensioners.

The arrears paid to retirees ranged from previously verified pensioners not on the payroll, those who did not receive their gratuity on retirement and failed payments on the GIFMIS platform.

Ag. executive secretary of PTAD, Mr. Sulayman Shelleng, said the payment was going to be continued until all accrued arrears are paid, according to a statement that was issued by the head, corporate communications, PTAD, Olugbenga Ajayi.

Shelleng assured other pensioners who were yet to receive their arrears to be calm as the directorate was working tirelessly to ensure that all outstanding arrears of pensions and gratuity were paid soon.

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He assured defined benefit scheme pensioners of the Directorate’s continued strive to ensure that their welfare is promoted.

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Mark Itsibor

Mark Itsibor

Mark Itsibor is an economy and finance journalist with over 13 years of experience across Nigeria's media landscape, specialising in macroeconomic policy, financial markets, fiscal reforms, and public finance. He is known for well-researched reports and analytical features that inform policy conversations and support public understanding of complex economic developments.

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