Pension: PTAD reschedules parastatals’ pensioners verification exercise

Adoba Echono, Abuja.

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The Pension Transitional Arrangement Directorate (PTAD) has rescheduled the Parastatals’ Pensioners Verification Exercise for pensioners and Next of Kin (NoK) of all federally funded Parastatals, Agencies and Institutes in the South West, South East, North East, North West, North Central regions and Federal Capital Territory under the Defined Benefit Scheme.

The agency in a press statement said the rescheduling of the exercise is to enable the Directorate review the outcome of the verification exercise in Lagos, South-West Nigeria, and the South-South Region and restrategize towards ensuring greater efficiency and improved pensioner satisfaction.

According to the statement, the exercise will recommence from the second week of July 2019 and the new dates and venues for the exercise will be announced on the 28th of June 2019.

The postponement will not affect monthly pension payments.

Amaka E. Nliam