The Pension Transitional Arrangement Directorate (PTAD), has paid over N21.109 billion as a monthly pension payments for the second quarter (Q2),2018 to retirees of Nigerian Customs, Immigration, the Police, Civil Service and other government parastatals. Also, PTAD says it will place 917 NICON Insurance Pensioners on its Monthly Pension payroll this September 2018 and at the end of October 2018, PTAD will enroll 9,216 NITEL Pensioners on Monthly Pension Payroll. According to PTAD, in April 2018, pension payments worth ₦1,864,267,573.82 was made to 103,457 Civil Service pensioners and 219 Retired Permanent Secretaries and Head of Service (HOS). In the parastatals department, the directorate said it made pension payments of ₦4,016,484,958.54 to 98,148 Pensioners in April and in May 2018, pension payments of ₦4,016,198,042.31 and arrears payment of ₦40,022,024.60 was made to 97,751 pensioners. In June 2018, PTAD also made pension payments of ₦4,006,974,903.32 and arrears payment of N31, 517,623.14 to 97,512 pensioners.

Source: Nigerian Tribune September 27, 2018 09:22 UTC