PTAD pays over N834m to 1,690 pensioners in South-South Zone – Official

PTAD pays over N834m to 1,690 pensioners in South-South Zone – Official

NAN-HE-19

PTAD

By Biola Lawal

Abuja, Aug. 28, 2017 (NAN) The Pension Transitional Arrangement Directorate (PTAD)  said  Monday  that  itpaid over N834 million  in outstanding arrears to pensioners in the South-South Zone,

The PTAD  stated this in a statement in Abuja sent by Mr Emma Okondo, Deputy Director, Corporate Communications and made available to the News Agency of Nigeria (NAN).

It stated that  the payment was made to 1,690 pensioners on Aug. 18.

PTAD  assured pensioners of its determination to improve their welfare in line with its “mandate under the Defined  Benefit Scheme (DBS).

The Directorate has been conducting biometric verification of pensioners across the country to enhance transparency and prompt payment of pensions. (NAN)

BL/DO/IA

Edited by David Onilede/Idris Abdulrahman