Tag: PTAD

Pensioners lament FG’s decision to scrap PTAD
Finance

PTAD disburses N55.9bn to pensioners, next-of-kin

The Pension Transitional Arrangement Directorate has disclosed that it disbursed a total of N55.9bn to pensioners and the next-of-kin of deceased retirees under the Defined Benefits Scheme in December 2025. The disclosure was made in a statement issued on Friday and signed by the Head of the Corporate Communications Unit of the directorate, Olugbenga Ajayi. […]

Pensioners lament FG’s decision to scrap PTAD
News

Pensioners lament FG’s decision to scrap PTAD

Pensioners under the old pension scheme have revealed that they are unhappy with the Federal Government’s decision to scrap the Pension Transitional Directorate Arrangement. Premium politics reported that last Monday, ministries, departments, and agency performance by the Orosanye Committee was approved by the Federal Executive Council, which is headed by President Bola Tinubu. As many […]

FG may increase employee pensions in 2024 - Wages Commission
featured

Pensioners urge PTAD to tackle payment issues, others

The Association of Retired Federal Senior Public Officers of Nigeria has urged the Pension Transitional Arrangement Directorate to reinstate the use of the Salaries and Wages Commission’s legally approved monthly benefit payment structure in the distribution of its members’ monthly pension payments. According to The Punch, ARFESPON requested PTAD in a statement to abandon its […]