PTAD adds 7,969 federal retirees to payroll

The Pension Transitional Arrangement Directorate says it has added 7,969 civil service pensioners to its payroll and they have started receiving regular monthly pensions.

According to a statement by PTAD, these pensioners, who were verified in the South-West and North-Central in Q4 2017, have been paid their March 2018 pension.

The directorate said that the addition of this group had improved the economic livelihood of pensioners who had been deprived of their rights for a long period.

Before this addition, PTAD said 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 ongoing, it added, was the computation of benefits for over 5,000 verified civil service pensioners.

PTAD said that this would conclude the placing on payroll all verified civil service pensioners.

The directorate stated that in January 2018, the Civil Service Pension Department paid N2.215bn to 111,525 pensioners, 219 retired permanent secretaries and heads of service.

It added that for the month of February, N2.216bn was paid; and in March, N2.216bn was paid to pensioners, retired permanent secretaries and heads of service.

For the Parastatals Pension Department which started verification of defunct and privatised agencies in Q4 2017, it said that 98,259 pensioners were paid monthly pension of N4.097bn in January 2018; and that for the month of February, N4.134bn was paid to the pensioners while N4.117bn was paid in March.

For pensioners verified in Q4 2017 and Q1 2018 under the Parastatal Pension Department, the directorate stated that the accurate computation of their benefits was 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,” PTAD stated.

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