FG pays N784m to settle 502 retirees’ arrears

Image result for FG pays N784m to settle 502 retirees’ arrearsThe Federal Government through the Pension Transitional Arrangement Directorate has paid 502 Civil Service Pensioners N784.37m as pension arrears.

A statement from PTAD said the category of pensioners who received this payment included 262 verified eligible pensioners with complaints of non-payment of pension arrears from the North East, South East, North West and South South Zones, who received N370.16m.

Forty-one pensioners who were part of the 24,021 suspended in April 2018 for non-verification but had now been verified and restored to the monthly pension payroll with pension arrears for the months of April 2018 – June 2019 had received N15.54m.

It added that N398.67m was paid to 199 verified eligible pensioners added to the pension payroll in July 2018 from the South West and North Central Zones.

The directorate assured verified eligible pensioners awaiting payment of their pension arrears that in line with restoring hope in pension administration under the Defined Benefit Scheme, outstanding arrears would be cleared.

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