• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 15, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

PTAD Begins Implementation Of Back-end Computation Of Pensioners

by Mark Itsibor
2 years ago
in Business
PTAD
Share on WhatsAppShare on FacebookShare on XTelegram

Pension Transitional Arrangement Directorate (PTAD) is set to commence implementation of the scheduled Back-end computation of pensioners in the power and transport sectors.

Advertisement

The computation exercise is billed to commence this August following the successful hosting of the focus group stakeholders meeting held on June 22nd, 2023.

The back-end computation project was introduced to validate the detailed records of pensioners captured during the 2019 nationwide field verification exercise and re-compute the monthly pension of the pensioners.

The exercise is based on the pensioners’ career records, relevant salary structures and applicable pension increments.  

PTAD held a focus stakeholders meeting with pension union executives and pension desk officers of the power and transport sectors. Also in attendance were representatives from the National Pension Commission (PenCom), National Human Rights Commission (NHRC) and SERVICOM.

RELATED

4th Digital Xperience Centre To Enhance Banking Services – First Bank

FirstBank Partners UNGC To Bridge SDG Financing Gap

14 hours ago
Stockbrokers To Launch First Book, Documentary On Nigerian Capital Market

Stockbrokers To Discuss Economic Growth Strategies

14 hours ago

Pensioners’ representatives and other critical stakeholders of power and transport sectors were also in attendance at the stakeholders’ meeting.

In a statement that was issued by PTAD, it announced that the implementation of the new monthly pension will commence in August 2023 payroll as against July earlier proposed.

“The change in the implementation date has become necessary in order to resolve all the logistics challenges that have impacted the production and dispatch of the letters to all the affected pensioners,” the directorate said in a statement.

Director of the Parastatals Pension Department (PaPD), Mr. Kabiru Yusuf said the computed monthly pension derived from the project  would be implemented in the pension payroll to replace the inherited monthly pension that was received at the time PTAD took over pension payments; thereby addressing instances of overpayment and complaints of underpayment.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: PTAD
SendShareTweetShare
Previous Post

3rd Party Vehicle Insurance Hike Triggers N2m Increase In Maximum Claims Limit

Next Post

Chevron Commits To Ondo Devt Platform

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

4th Digital Xperience Centre To Enhance Banking Services – First Bank
Business

FirstBank Partners UNGC To Bridge SDG Financing Gap

2025/07/15
Stockbrokers To Launch First Book, Documentary On Nigerian Capital Market
Business

Stockbrokers To Discuss Economic Growth Strategies

2025/07/15
Customs CG Approves Promotion Of 357 Junior Officers
Business

Infractions: Customs Ban Pharmaceutical Goods Clearance From Bonded Terminals

2025/07/15
Improved Licensing Process Attracts $1.2bn Investment To Modular Refineries
Business

Improved Licensing Process Attracts $1.2bn Investment To Modular Refineries

2025/07/15
Court Restrains Reps From Investigating Sterling Bank
Business

Sterling Bank Seeks To Boost Non-oil Export With Academy

2025/07/15
PTDF Boosts Oil & Gas Manpower, As 5,000 Screens For Overseas Scholarship
Business

Scholarships: PTDF Strengthens Oil & Gas Sector With Strategic Partnerships, Screens 5,723 Applicants

2025/07/15
Leadership Conference advertisement

LATEST

How AI Is Transforming PR Landscape In Nigeria, Across Global Markets — Expert

Man Discovers ‘Bomb’ On Farmland In Kaduna

World PR Day: Newmark, PRGN Move To Tackle Polarisation, Misinformation

London Mayor Sadiq Khan Makes First Visit To Nigeria

Lagos Police Arrest Suspect With Firearms, Launch Anti-cult Squads

EU, Turkiye, Others Mourn Buhari

JUST–IN: Ex-President Buhari Buried After State Funeral

Buhari Told Me He Felt Better Out Of Office — Gov Radda

FIBA U19 WWC: Junior D’Tigress Suffer Second Defeat, Avoid US In Round Of 16

40,678 Kogi Children Affected By Malaria In 2024

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.