Business
PTAD Promises Prompt Payment Of Federal Retirees
The Pension Tradi
tional Arrangement Directorate (PTAD) has promised retired Federal South geo-political zone of the prompt payment of their pension.
The Director General of PTAD, Neillie Mayshak, gave the assurance during the recent verification exercise in Rivers and Bayelsa States retirees of Federal Civil Service.
Mayshak said the ongoing nationwide pensioners verification exercise was determined to met an end to the usual agony experienced by the retired federal civil servants as regards payment of their pensions as at when due.
She said that PTAD is carrying out the verification exercise all over the six geo political zones of the country with the intention of having a data bank of retirees of Federal Civil and Police Pensioners.
The Director General said that the hiccups experienced in the payment of pensioners will soon be over at the end of the verification exercise.
She said the exercise was aimed at capturing pensioners including police pensioners that retired from service from 2007 downwards.
Mayshak said the exercise is also aimed at assisting PTAD to check the usual incidence of ghost workers syndrome among pensioners.
She said henceforth real pensioners identified would be paid their pension without delay as necessary steps are so far being taken to ensure prompt payment by the Directorate.
Philip Okparaji
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