PTAD offsets 30 months arrears of pensioners in 187 agencies

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The Pension Transitional Arrangement Directorate has paid the sum of 3.37 Billion-Naira to pensioners of 187 agencies.

This payment covers 6 months of the outstanding arrears of the 33% pension increment for pensioners across 5 sectors which include Education, Health, Other Public Sector Research Institute, Power and Universities.

This is in fulfillment of President Muhammadu Buhari’s promise to clear outstanding pension arrears for pensioners, under the Defined Benefit Scheme.

PTAD has now offset 30 months arrears for pensioners in agencies across 5 sectors under Parastatals Pension Department.

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