Thursday, October 22, 2020
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PTAD Offsets Final Entitlements of 167 NAHCO Ex-Staff

By Mathew Dadiya, Abuja

The Pension Transitional Arrangement Directorate (PTAD) said it has paid another set of 167 former workers of the Nigeria Aviation Handing Company (NAHCO) their one-off final entitlements.

According to the agency, between July 2019 and August 2020, PTAD paid a total of over N96 billion across all the Operational Departments.

Ths payments, according to a statement published on the Directorate’s website, were made in three batches – Batch 7: 65, Batch 8:44 and Batch 9:58 all in September, 2020.

The Executive Secretary, of PTAD, Dr. (Mrs) Chioma Ejikeme, reiterated the agency’s committed to resolving pension matters as it affects the retirees while ensuring timely payment of their entitlements.

She explained that in the last one year of her leadership in the Directorate, the Directorate has paid a total of over N96 billion across all the Operational Departments.

The PTAD boss said that between July 2019 and August 2020, they paid a total of N96 billion across all the Operational Departments to pensioners.
Dr Ejikeme said explained that, of the total sum. N77 billion was paid as monthly pensions payments to 244,643 pensioners as at July 2020, while 87, 842 pensioners were paid arrears and gratuities of over N19 billion.


Over 670 million was paid to 418 Next of Kin of deceased pensioners. The above payments include the balance of 33% arrears for the Parastatal Pensioners which had been outstanding since 2010 and was fully paid to the Pensioners and NoKs in November/December 2019,” she added.
The detail of the number of NAHCO ex-workers who benefited from the payments as published on the Directorate’s website.


The payments, according to PTAD, is in continuation of the payment of one-off severance benefit to the ex-workers of the aviation handling company.
The Executive Secretary had told journalist during a press conference recently to mark her one year in office in Abuja that PTAD is determined ”to continue to put smiles on the faces of retirees through prompt payment of their pensions.”

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