PTAD ends nationwide pensioners verification exercise in Lagos

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The ongoing nationwide verification exercise embarked upon by the Pension Transitional Arrangement Directorate (PTAD) to enhance payment of pensioner’s monthly entitlement, as well as rid the system of fraud, which also received the backing of Government including members of the National Assembly has ended in Lagos.

The exercise, according to PTAD was planned to take care of 104,133 Pensioners and Next of Kin (NoK) of 270 Federal funded Parastatals, Agencies and Institutions under the Defined Benefit Scheme (DBS).

The exercise is planned to take place across the 6 geopolitical zones having commenced in Lagos on April 23, and will cover pensioners from Nigeria Aviation Handling Company ((NAHCO); Assurance Bank; Nigerian National Shipping Line (NNSL) and Aluminium Smelter Company Of Nigeria (ALSCON).

Ali Ndume, chairman, Senate Committee on Establishment and Pensions, who inspected the verification exercise organized by PTAD for pensioners in Lagos called on Nigerian pensioners to be patient and cooperate with officials of TAD to ensure a seamless and hitch-free verification exercise.

Ndume said it is only when they (Pensioners) are bio-metrically captured that their pension can be paid to them promptly and correctly.

He said that the ongoing data harmonization and verification exercise by PTAD is a step in the right direction to ensure that pensioners receive their correct pension and on time.

Ndume who said that President Buhari desires the best for all Nigerians including the pensioners also disclosed that he is an advocate of pension being given a first line charge in the nation’s scheme of things, adding that when the law on this is finally passed, the issue of delayed pension will become a thing of the past.

He said this year he has personally written to President Buhari on the issue of pension, aimed at ensuring that adequate funds … Read More...