PTAD Pays ₦3.9bn in Arrears to Over 91,000 Retired Federal Workers
The Pension Transitional Arrangement Directorate (PTAD) has paid out ₦3.9 billion to settle pension arrears for 91,146 retired federal government workers under the Defined Benefit Scheme. This move marks a significant milestone in PTAD's efforts to uphold the welfare of senior citizens who have dedicated decades to national service.
The payment covers verified arrears across multiple pension departments, ensuring transparency and accuracy in the disbursement process. The initiative aims to alleviate financial burdens on retirees, enabling them to meet essential needs and restore dignity.
PTAD reaffirms its commitment to maintaining a fraud-free pension administration system and resolving outstanding arrears while ensuring regular monthly pension payments.
Plus234Feed summary based on reporting from The Will. Read the original report below.
Read full article
Continue on The Will
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Tinubu Government Disburses ₦3.9bn Pension Arrears to Retirees
FG Approves N32,000 Pension Increment for Retirees, Immediate Payment
PenCom Disburses N577 Billion to 1.05 Million Retirees, Clearing Pension Backlogs
Kaduna Governor Approves ₦2.3 Billion Pension Payment for 661 Retirees
Uba Sani Releases N2.3bn for Kaduna Retirees and Families
PenCom: Over 552,000 Retirees Receiving Regular Pensions in Nigeria
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
