Ptad news on pensioners

PTAD (Pension Transitional Arrangement Directorate) is a Nigerian government agency responsible for managing the pensions of retired federal civil servants. Here are some recent news updates on pensioners in Nigeria:

  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 been working to clear the backlog of unpaid pensions, which has been a major concern for many pensioners.
  2. Pensioners to Receive 13th Month Salary: The Federal Government has approved the payment of a 13th month salary to pensioners. This is in addition to their regular monthly pension payments.
  3. PTAD to Implement Biometric Verification: The PTAD has introduced a biometric verification system to ensure that pension payments are made to the correct beneficiaries. This is aimed at reducing fraud and ensuring that pensioners receive their rightful payments.
  4. Pensioners to Benefit from N30,000 Minimum Wage: The Federal Government has announced that pensioners will benefit from the new minimum wage of N30,000 per month. This is a significant increase from the previous minimum wage of N18,000 per month.
  5. PTAD to Pay Pensioners in Foreign Currency: The PTAD has announced plans to pay pensioners in foreign currency, particularly those who receive their pensions in dollars. This is aimed at addressing the challenges faced by pensioners who receive their pensions in foreign currency.
  6. Pensioners to Receive Improved Healthcare: The Federal Government has announced plans to provide improved healthcare services to pensioners. This includes the establishment of pensioner-friendly healthcare facilities and the provision of medical equipment and supplies.
  7. PTAD to Implement Online Pension Payment System: The PTAD has introduced an online pension payment system, which allows pensioners to receive their payments electronically. This is aimed at reducing the time it takes to receive pension payments and ensuring that pensioners receive their payments promptly.
  8. Pensioners to Benefit from N5 Billion Pension Fund: The Federal Government has announced plans to inject N5 billion into the pension fund to support pensioners. This is aimed at ensuring that pensioners receive their rightful payments and improving their overall well-being.

These are some of the recent news updates on pensioners in Nigeria. The PTAD continues to work towards improving the welfare of pensioners and ensuring that they receive their rightful payments.