Tuesday, October 21, 2025
23.9 C
Lagos

PTAD Pays N846.1m Accrued Arrears, Gratuity to 2,730 Pensioners

The Pension Transitional Arrangement Directorate (PTAD) has paid the sum of N846,146,987.71(Eight Hundred and Forty-Six Million, One Hundred and Forty-Six Thousand, Nine Hindered and Eighty-Seven Naira, Seventy-One Kobo) to 2,730 pensioners of the Civil service Pension Department of an accrued arrears and gratuity owned the pensioners.

The arrears paid to these retirees ranged from previously verified pensioners not on the payroll, those who did not receive their gratuity on retirement and failed payments on the GIFMIS platform.

In his remark, the Ag. Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Mr. Sulayman Shelleng, said the payment is going to be continued until all accrued arrears are paid. He assured other pensioners who are yet to receive their arrears to be calm as the Directorate is working tirelessly to ensure that all outstanding arrears of pensions and gratuity are paid soon.

He further assured DBS pensioners of the Directorate’s continued strive to ensure that their welfare is promoted.

spot_img
spot_img
spot_img

Hot this week

When Transparency Becomes Luxury: INEC and ₦1.5bn FOI Controversy

By Chike Walter Duru When the Independent National Electoral Commission...

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

  No fewer than 578 young entrepreneurs across Nigeria have...

Polaris Bank Reinforces Commitment to Exceptional Customer Experience at Global Trade Forum in Ibadan

Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris...

Fidelity Bank Bags Awards for Best Export, Trade Support and Innovation

  Fidelity Bank’s market leadership has been affirmed once again...

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Topics

NCDMB Chief Pledges Continued Support for Indigenous Companies, Commends Lee Engineering for Capabilities Attained

The Executive Secretary, Nigerian Content Development and Monitoring Board...

Starcomms: Baiting Air Travellers with Phone Rental Service

In a bid to ease communication challenges of international...

Hersurred by Leadway Celebrates One Year of Empowering Women

Leadway Group, one of Nigeria's leading non-banking financial services...

Almond Insurance Industry Awards 2023: Nominations Now Open

Nominations for the 2023 Almond Insurance Industry Awards is...

Sovereign Trust Insurance Receives Diamond Award from Ibadan Golf Club

Former Governor of Osun State, Brigadier-General Olagunsoye Oyinlola (Rtd)...

Dateline 2018: Global Financial Industry Set for $1tr Telecom Investment

                The Global Financial Industry The global financial services industry is...

Insurance, Aviation Leaders Seek Synergy for Market Growth

  A high-level stakeholders follow up meeting of the insurance...
spot_img

Related Articles

Popular Categories

spot_imgspot_img