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PENSION TRANSITIONAL ARRANGEMENT DIRECTORATE
The Pension Transitional Arrangement Directorate (PTAD) has commenced the implementation of new pension increments for retirees under the Defined Benefit Scheme (DBS), following the partial release of N20.188 billion by the Federal Government.
The Federal Government has released funds for the disbursement of N5.12 billion in pension arrears to 90,689 Defined Benefit Scheme pensioners under the Pension Transitional Arrangement Directorate.
The Federal Government of Nigeria, through the Pension Transitional Arrangement Directorate (PTAD), says it has completed the latest disbursement of N8.6 billion in pension arrears as part of the N32,000 increment approved by President Bola Tinubu in 2024.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Pension Transitional Arrangement Directorate (PTAD) have agreed to sign a Memorandum of Understanding (MoU) to fight fraud and other corrupt practices in pension administration in Nigeria.
Workers who retired as staff of the defunct Power Holding Company of Nigeria (PHCN) are not entitled to 33% pension increase, according to PTAD
Upon finalizing payment of the inherited unfunded liabilities to pensioners of two defunct agencies; Nigeria Reinsurance Corporation and...
This follows the Presidential approval for the implementation of the consequential adjustment to the pension benefits occasioned by the 2019 new minimum wage.
PTAD indefinitely postponed the proposed resumption of the walk-in verification for pensioners.
PTAD has suspended walk-in verification of pensioners at its headquarters and state liaison offices with effect from December 15, 2020.
No less than 11,331 pensioners have been paid N842.8 million by the Pension Transitional Arrangement Directorate (PTAD).
Dr Chioma Ejikeme has succeeded Sharon Ikeazor, the Minister of State for Environment as the Executive Secretary of Pension Transitional Arrangement Directorate (PTAD).
After 17 years of disengagement from their services, former workers of Savannah Sugar Company Limited (SSCL) would be paid...