National Economy Newspaper
Wednesday, April 14, 2021
  • Home
  • News
    • Cover Story
    • International News
  • State In Focus
  • Local Commodities
  • Personal Finance
  • Special Reports
  • Others
    • Bag of Rice Index
National Economy Newspaper
  • Home
  • News
    • Cover Story
    • International News
  • State In Focus
  • Local Commodities
  • Personal Finance
  • Special Reports
  • Others
    • Bag of Rice Index
No Result
View All Result
National Economy Newspaper
No Result
View All Result

Nigerian Govt Promises To Clear Pension Arrears By June

1 week ago
in News
Reading Time: 1min read
132 1
0
Nigerian Govt Promises To Clear Pension Arrears By June
152
SHARES
1.9k
VIEWS
Share on WhatsAppShareTweet this

The Federal government has promised to clear arrears of all pension payments to retired civil servants in the next two months.

Chioma Ejikeme, Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD) in charge of the administration of pensions of federal retirees made this pledge while announcing that the commission has paid N6.2 billion arrears to 16,210 pensioners under its Defined Benefits Scheme (DBS)

In a statement made available to NATIONAL ECONOMY on Tuesday, Ejikeme also assured that pensioners’ welfare and wellbeing are of utmost priority.

samndaads

“By the end of the 2nd quarter of 2021, all issues relating to short payments, gratuity and other forms of arrears for Civil Service Pensioners would be settled,” the statement.

The statement also disclosed that PTAD has embarked on an expanded re-validation and re-computation exercise in a bid to clear all pension arrears and resolve all complaints of short payments and outstanding gratuities for the civil service pensioners and their next of kin.

samndaads

“So far, the directorate has been able to review, compute, recomputed, during the exercise (September 2020 – March 2021) a total of 46,284 pensioners’ files was reviewed for an end to end quality assurance.”

“A total sum of N6.2 billion has been paid as arrears of gratuity, monthly payments and one-off payments to 16,210 Pensioners/Nok that are qualified for the payment after the computation. Over 1,000 qualified pensioners not on payroll post verification have been put on the payroll and their arrears paid.”

“A key aspect of the project is geared towards continuous resolution of complaints and to ensure that pensioners who have outstanding documents e.g., bank statements, BVN, and other required documents were contacted so as to resolve their complaints effectively,” the statement noted.

Tags: BVNPENSON
SendShare61Tweet38ShareShare11

Related Posts

federal Government of Nigeria
News

 Federal Government Moves To Curb Monoploly With Broacasting Code Amendment 

8 hours ago
Nigeria refinery
ECONOMY

DMO Reacts To Reports Of Revoking 32 Refinery Licenses

8 hours ago
AFCFTA Stakeholders Detail Policies For Successful Implementation
News

AFCFTA Stakeholders Detail Policies For Successful Implementation

15 hours ago
NNPC
Business

NNPC Delivers 96 $2.8bn AKK Project Pipes By rail To Itakpe

3 days ago
Pension Assets Dropped By N 51.30bn In February – PENCOM
News

Pension Assets Dropped By N 51.30bn In February – PENCOM

3 days ago
ETI Appoints Fashina as Group Executive, Operations & Technology
News

ETI Appoints Fashina as Group Executive, Operations & Technology

6 days ago

Popular

  • stevia

    Nigerians Can Now Make Money From Growing Stevia – Agribusiness Expert

    172 shares
    Share 69 Tweet 43
  • Lush Hair Sponsors NASHCO Annual Hair Contest

    163 shares
    Share 65 Tweet 41
  • CBN Approves New Cheque Standard For Banks

    165 shares
    Share 66 Tweet 41
  • World Looking For Nigerian Ginger, Spiciest Globally – Dr Edwards

    167 shares
    Share 67 Tweet 42
  • CBi Unveils Web-based Solution For MSMEs

    162 shares
    Share 65 Tweet 41
  • Governor Matawalle Presents Gold Bars To PMB As Zamfara Targets Full Scale Mining

    159 shares
    Share 64 Tweet 40
  • Absence Of Intermodal Cargo Evacuation System Threatens Nigeria’s Deep Seaport Development

    154 shares
    Share 62 Tweet 39
  • UBA: Hinging Growth On Customer Service

    154 shares
    Share 62 Tweet 39
  • Ajaokuta Steel’s 100 Years Lifespan

    161 shares
    Share 64 Tweet 40
  • Nigeria Loses N800bn Monthly To Lack Of 24-Hour Port Operation – Shippers Association

    153 shares
    Share 61 Tweet 38
  • Trending
  • Comments
  • Latest
stevia

Nigerians Can Now Make Money From Growing Stevia – Agribusiness Expert

May 12, 2020
Lush Hair Sponsors NASHCO Annual Hair Contest

Lush Hair Sponsors NASHCO Annual Hair Contest

August 29, 2020
CBN Releases Guidelines For MFBs As Deadline Approaches

CBN Approves New Cheque Standard For Banks

October 6, 2020
ginger

World Looking For Nigerian Ginger, Spiciest Globally – Dr Edwards

April 14, 2020
DANGOTE CEMENT

We Did Not Increase  Cement Price – Dangote

April 14, 2021
Nigeria Exchange Group

Nigeria Exchange Group Unveils New Brand Identity

April 14, 2021
Central Bank Of Nigeria

Banks Earn N216bn From E-Banking In 2020 

April 14, 2021
federal Government of Nigeria

 Federal Government Moves To Curb Monoploly With Broacasting Code Amendment 

April 14, 2021
National Economy Newspaper

©2020 National Economy

Links

  • Home
  • Privacy & Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Alpha Companies
  • Business
  • Exclusive 🔒
  • Local Commodity
  • Viable States
  • Personal Finance
  • Special Reports

©2020 National Economy

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version