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 a total of ₦3.82 billion in back-end computation arrears to 30,356 pensioners under the Defined Benefit Scheme (DBS). This payment was concluded following a Back-End Computation (BEC) Review Exercise, which aimed to address complaints related to pension computations and unpaid entitlements.
PTAD Executive Secretary/Chief Executive, Tolulope Odunaiya, praised the affected pensioners for their cooperation during the review process, emphasizing the administration's commitment to resolving pension-related challenges and ensuring timely and transparent settlement of verified pension obligations.
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