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PTAD Verifies Over 8,000 Pensioners In N/West

PTAD Verifies Over 8,000 Pensioners In N/West   Over 8,000 retired federal workers have completed their verification at the ongoing Parastatal Pensioner Verification for pensioners and next of kin under the Defined Benefit Scheme in the North-West zone of the country. The North-West centre comprises seven states,...

PTAD Disburses N3.37bn Pensioners Of 187 Agencies

PTAD Disburses N3.37bn Pensioners Of 187 Agencies   The Pension Transitional Arrangement Directorate says it has paid a total of N3.37bn to pensioners that worked in187 agencies. It also announced that it paid the sum of N1.02bn outstanding severance benefits to 1,596 verified eligible ex-workers and next...

PTAD Disburses N102.8bn To Pensioners In 15 months

PTAD Disburses N102.8bn To Pensioners In 15 months Between January 2018 and March 2019, a total of N102.82bn was paid by the Federal Government through the Pension Transitional Arrangement Department (PTAD) to pensioners in the public sector. The Executive Secretary, PTAD, Sharon Ikeazor, disclosed this in...

PTAD Shuns SGF, NASS Resolutions to Recall Disengaged Directors

PTAD Shuns SGF, NASS Resolutions to Recall Disengaged Directors There are palpable fears and disquiet at the just established Pension Transitional Arrangement Directorate (PTAD) as the Agency led by the Executive Secretary, Sharon O. Ikeazor has shunned all entreaties and directives from both the Secretary...

Buhari Approves Payment Of Pension To Ex-Biafran Police Officers

President Muhammadu Buhari has approved the payment of pension to police officers who served in the defunct Biafran Police and who were equally granted presidential pardon in 2000. The Pension Transitional Arrangement Directorate (PTAD) on Wednesday announced that about 162 of such retired police officers and 57...

Legacy Funds: PTAD Takes Over Properties Worth N13bn from Nicon Insurance

In line with the Act setting up the Pension Transitional Arrangement Directorate (PTAD), the Directorate has taken over certificates of occupancy of 28 properties located all over the country tentatively valued at N13 billion in lieu of cash payments under legacy funds from Nicon...