Saturday, January 31, 2026
26 C
Lagos

PTAD Adds 7,969 South-West, North-Central Pensioners to Payroll

The Pension Transitional Arrangement Directorate (PTAD) has added 7,969 Civil Service Pensioners to its payroll to receive regular monthly pension payments. These Pensioners were verified in the South West & North Central in Q4 2017 and have been paid their March 2018 pension.

The addition of this group has improved the economic livelihood of pensioners who have been deprived of their rights for a long period.

Thus, further supporting the role of PTAD in making sure the labours of our heroes is not in vain. Before this addition, over 19,500 verified civil service pensioners from the North West, South East, North-East and South-South had been reinstated and paid their arrears.

Also on-going is the computation of benefits for over 5,000 verified Civil Service Pensioners. This will conclude the payrolling of all verified Civil Service Pensioners

In January 2018, the Civil Service Pension Department (CSPD) paid N2.215 billion to 111,525 pensioners, 219 Retired Permanent Secretaries and Heads of Service. For the month of February, N2.216 billion was paid and in March, N2.216 billion was paid to pensioners, Retired Permanent Secretaries and Heads of Service.

For the Parastatals Pension Department (PaPD) which started verification of defunct and privatised agencies in Q4 2017, 98,259 pensioners were paid monthly pension of N4.097 billion in January 2018. For the month of February, N4.134 billion was paid to the pensioners while N4.117 billion was paid in March.

For Pensioners verified in Q4 2017 & Q1 2018 under the Parastatal Pension Department (FHA, NNN, NICON, Nigerian-Re, DSC& NITEL/Mtel) the accurate computation of their benefits is currently being made.

Over 30,000 pensioners under the defined benefit scheme who were yet to be pay rolled over the years have been cleared and added to PTAD payroll post verification of Civil Service, Police, Customs, Immigration and Prisons Pensioners across the country.

spot_img
spot_img
spot_img

Hot this week

Moniepoint Celebrates 10 Years of Impact, Microfinance Bank Reports N412tn Transactions in 2025

Moniepoint Inc., Nigeria's definitive platform for small businesses and...

PenCom, PFAs to Unveil PENCAP – Data Recapture Self-Service Platform Feb 1

The National Pension Commission (PenCom), in collaboration with Pension...

NNPC Unveils Gas Master Plan 2.0, Milestone Represents Nigeria’s Dev’t Aspirations, Says Ekpo

L-R: Executive Vice President, Gas, Power & New Energy,...

NLNG Rebrands The Nigeria Prizes with New Visual Identities

L–R: Dr. Sophia Horsfall, GM, External Relations & Sustainable Development,...

Topics

CEO Mworia: ‘Give Yourself Permission to Succeed in Business’

James Mworia is one of Kenya’s most respected business leaders. At 37, he is CEO of Centum, an East African investment company with interests in a variety of sectors, including energy, real estate, financial services and fast-moving consumer goods. Mworia is credited with transforming the company, set up in 1967, by championing investments in new sectors and expanding its geographical reach. Earlier this month, Mworia spoke at an Entrepreneurship Boot Camp in Nairobi organised by talent management company, Africa Talent Bank.

PenCom to Commence 2022 Online Verification/Enrolment Exercise for Retirees

The National Pension Commission (PenCom) wishes to inform the...

Glo Plans Internet Connectivity for West African Varsities

Globacom Limited has declared its willingness to provide Internet...

Nigeria’s PC Market to Decline on Weak Oil Price, Forex Crisis

The Middle East and Africa (MEA) PC market experienced...

Continental Re: Entries Now Open for 9th Pan African Journalism Award 2024

Continental Reinsurance Plc is pleased to announce the launch...

Crown Flour Mill’s ‘Seeds for the Future’ Programme Achieves 1st-Year Target

Crown Flour Mill (CFM) Limited, the wheat milling subsidiary...

The Future of Digital Insurance Conference 2016

The insurance industry is undergoing vast transformation and the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img