PTAD pays 502 beneficiaries N784.4m pension arrears

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The Federal Government through the Pension Transitional Arrangement Direc-torate (PTAD) has paid the sum of N784,377,933.27  to 502 Civil Service Pensioners as pension arrears.

The category of pensioners who received this payment included 262 verified eligible pensioners with complaints of non-payment of pension arrears from the North East, South East, North West and South South Zones. They received a total of N370,162,701.77 .

Forty-one pensioners who were part of the 24,021 suspended in April 2018 for non-verification but have now been verified and restored to the monthly pension payroll with pension arrears for the months of April 2018 – June 2019 have received the sum of N15,543,703.96.

Similarly, N398,671,527.54 was paid to 199 verified eligible pensioners added to the pension payroll in July 2018 from the South West and North Central Zones.

Meanwhile the directorate has assured all verified eligible pensioners awaiting payment of their pension arrears, that in line with restoring hope in pension administration under the Defined Benefit Scheme (DBS), outstanding arrears will be cleared.

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