A total of N8.31m has been paid to pensioners for the month of July 2018, as they start receiving their monthly pension for life.
This is as the Pension Transitional Arrangement Directorate (PTAD) added new enrolees to its monthly payroll.
According to the Executive Secretary PTAD, Mrs. Sharon Ikeazor “no pensioner or retiree, after serving their fatherland should ever be forced into the indignity and painful uncertainty of delayed pensions. Today, Nigeria Reinsurance pensioners verified by PTAD Nigeria have been placed on monthly pension payroll. It is indeed a promise kept.”
She thanked the PTAD team for the dedication to fulfil the mandate of the Directorate and reiterated President Muhammadu Buhari’s commitment to pensioners’ welfare.
Mrs Ikeazor also assured pensioners that the backlog of outstanding pension arrears will be cleared as funds are allocated and released.