Ptad latest news

PTAD (Pension Transitional Arrangement Directorate) is a Nigerian government agency responsible for managing the pension assets of retired federal civil servants. Here are some of the latest news updates about PTAD:

  1. PTAD to Pay Outstanding Pension Arrears: The PTAD has announced plans to pay outstanding pension arrears to retired federal civil servants. The agency has set aside N10 billion for the payment of the arrears, which are expected to be paid in phases.
  2. PTAD Launches Online Pension Verification System: PTAD has launched an online pension verification system to enable retirees to verify their pension details and check their pension status online. The system is designed to reduce the time it takes to verify pension claims and improve the overall efficiency of the pension payment process.
  3. PTAD to Pay Pension to Retirees in Arrears: The PTAD has announced plans to pay pension to retirees who are in arrears of payment. The agency has set aside N5 billion for the payment of the pension arrears, which are expected to be paid in phases.
  4. PTAD to Implement Biometric Verification System: PTAD has announced plans to implement a biometric verification system to verify the identity of pensioners and prevent fraud. The system is expected to be launched soon and will require pensioners to provide their biometric data, such as fingerprints and facial recognition, to access their pension benefits.
  5. PTAD to Pay Pension to Retirees in FCT: The PTAD has announced plans to pay pension to retirees in the Federal Capital Territory (FCT). The agency has set aside N2 billion for the payment of the pension arrears, which are expected to be paid in phases.
  6. PTAD to Implement Online Pension Payment System: PTAD has announced plans to implement an online pension payment system to enable pensioners to receive their pension benefits online. The system is expected to be launched soon and will require pensioners to register online and provide their bank account details to receive their pension benefits.
  7. PTAD to Pay Pension to Retirees in Lagos: The PTAD has announced plans to pay pension to retirees in Lagos State. The agency has set aside N1.5 billion for the payment of the pension arrears, which are expected to be paid in phases.
  8. PTAD to Implement Pension Reconciliation System: PTAD has announced plans to implement a pension reconciliation system to reconcile the pension records of retired federal civil servants. The system is expected to be launched soon and will require pensioners to provide their pension records to the agency to ensure that their pension benefits are accurate and up-to-date.

These are some of the latest news updates about PTAD. The agency is working to improve the pension payment process and ensure that retired federal civil servants receive their pension benefits on time and in full.