PTAD pays N3.82bn pension arrears to 30,356 retirees
PTAD has disbursed N3.82bn in pension arrears to 30,356 retirees under the Defined Benefit Scheme, resolving outstanding entitlements after a review. Read More: https://punchng.com/ptad-pays-n3-82bn-pension-arrears-to-30356-retirees/
The Pension Transitional Arrangement Directorate (PTAD) has paid N3.82 billion in overdue pension benefits to 30,356 retirees under the Defined Benefit Scheme, according to a statement from the Directorate's Head of Corporate Communications, Olugbenga Ajayi. The payment, which covered pensioners from three departments of the Directorate, was made following a "Back-End Computation Review Exercise" designed to resolve complaints about pension calculations and unpaid benefits.
Olugbenga Ajayi expressed the Directorate's commitment to addressing pension-related issues and improving the welfare of retirees under the Defined Benefit Scheme, reaffirming the Administration of President Bola Tinubu's dedication to strengthening pension administration.
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