PTAD Clears ₦3.82bn Backend Computation Arrears for 30,356 Pensioners
James Emejo in Abuja The Pension Transitional Arrangement Directorate (PTAD) said it has disbursed ₦3.82 billion in accrued pension arrears to 30,356 pensioners under the Defined Benefit Scheme (DBS), as
The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦3.82 billion in pension arrears to 30,356 retirees under the Defined Benefit Scheme (DBS) in Abuja. This payment of ₦3,817,568,592.80 follows a Back-End Computation (BEC) review to address pension computation complaints and unpaid entitlements. PTAD Executive Secretary Tolulope Odunaiya thanked beneficiaries for cooperating with the review process and emphasized the administration's commitment to timely and transparent settlement of verified pension obligations.
The disbursement, which covers arrears from the Parastatals Pension Department, Defunct and Transferred Agencies Pension Department, and Tertiary, Education and Health Pension Department, aims to reconcile outstanding obligations resulting from prior computations and resolve cases of beneficiaries not receiving their full due entitlements.
PTAD intends to continue reviewing complaints, verifying pension records, and settling verified cases to improve pension administration.
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