N7.82bn pension was received in January by 243,166 retirees - PTAD

N7.82bn pension was received in January by 243,166 retirees - PTAD

- Pension Transitional Arrangement Directorate says 243,166 retirees were paid a total of N7.82 billion as pension in January, 2018

- The details were contained in a report of the activities of PTAD for January, 2019

- Recall that President Muhammadu Buhari said his administration had put a stop to the dehumanisation of federal government’s pensioners

Emerging report has revealed that 243,166 retirees were paid a total of N7.82 billion as pension in January, 2018.

The disclosure was made by the Pension Transitional Arrangement Directorate (PTAD), Daily Trust reports.

Legit.ng gathers that 101,702 civil service pensioners were paid N1.71 billion while 113,680 parastatals pensioners got N4.94 billion in January 2019.

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A report of the activities of PTAD for January, 2019 showed that 15,892 police retirees got N552.61 million while their customs, immigration and prisons counterparts got N615.76 million in the same month.

Meanwhile, Legit.ng gathers that President Muhammadu Buhari said his administration had put a stop to the dehumanisation of federal government’s pensioners by ensuring prompt payment of their entitlements and clearing the backlog of arrears.

President Buhari stated this when he received a delegation of the Nigeria Union of Pensioners (NUP) led by its acting president, Comrade Musa Dallatu, at the State House, Abuja, on Friday, January 4.

The president declared that the welfare of pensioners had remained a priority for his administration since May 2015.

According to him, the retirees deserve timely payment of their entitlements, recognition and respect for their work and dedication to the country during their active working years.

He said: ‘‘In recent times pensioners were ignored, neglected and even persecuted. We have put a stop to that. As you yourselves have confirmed today, we have begun regular payment of monthly pensions and payment of backlog of arrears.

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‘‘The federal government released N45 billion accrued rights for the contributory pension scheme and N22.4 billion to start payment of ex-Nigeria Airways pensioners."

President Buhari told the pensioners that the federal government also bailed out states by releasing Paris Club refunds to them to enable them to clear salary and pension arrears.

He said he also authorised the schemes for the restoration of pensions for retirees of Niger Delta Steel Company, NITEL/MTEL as well as Biafra police/army.

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Source: Legit

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