• Contact Us
  • About
  • Advertise
  • Privacy & Policy
Friday, March 20, 2026
  • Login
E3P Motor Insurance
  • Home
  • Insurance
  • Pension
  • Business Unlimited
  • OIL & ENERGY
  • Feature
  • News
  • Home
  • Insurance
  • Pension
  • Business Unlimited
  • OIL & ENERGY
  • Feature
  • News
No Result
View All Result
Business Post
No Result
View All Result
Home Pension

PTAD Douses 16,210 Pensioners With N6.2bn

Nwanne Ikemefune by Nwanne Ikemefune
March 16, 2021
in Pension
0 0
0
PTAD Douses 16,210 Pensioners With N6.2bn

Dr. Chioma Ejikeme PTAD Executive Secretary

0
SHARES
87
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

The Pension Transitional Arrangement Directorate (PTAD) exercise on an expanded re-validation and re-computation has paved the way to review, compute and pay N6.2bn to 16,210 pensioners.

The Directorate in a statement explained that it was able to clear all pension arrears and resolve all complaints of short payments and outstanding gratuities for the Civil Service Pensioners and their Next of Kin (NoK) as a result of the project.

PTAD’s Head, Corporate Communications, Olugbenga Ajayi, said this was in fulfilment of the promise made by the Executive Secretary, Dr. Chioma Ejikeme at the Directorate’s press conference in September, 2020, where she declared a state of emergency on the payment of outstanding entitlements to pensioners, and set-up an expanded project team to ramp up on the computation of benefits for all verified Civil Service Pensioners.

Dr Ejikeme explained that the project is aimed at reducing the number of complaints received by the Directorate on short payments, qualified pensioners not on payroll and other outstanding benefits to the pensioners and the next of kin of deceased pensioners.

During the exercise (September 2020 – March 2021), a total of 46,284 pensioners’ files were reviewed for end to end quality assurance which resulted in the payment made to the qualified pensioners as arrears of gratuity, monthly payments and one-off payments. Over 1,000 qualified pensioners not on payroll post verification have been put on the payroll and their arrears paid.

Dr. Ejikeme while assuring that by the second quarter of 2021, all issues relating to short payments, gratuity and other forms of arrears for civil service pensioners would be addressed, said the thrust of the project is continuous resolution of complaints that ensured that pensioners who have outstanding documents e.g., bank statements, BVN and other required documents were contacted so as to resolve their complaints effectively.

Besides, she said calls were put across to the affected pensioners and, letters were also written requesting them to forward such documents to the Directorate for the resolution of their complaints.

Previous Post

AXA Unveils New Chairman

Next Post

PenCom Spokesperson Aghahowa, Loses Mother

Nwanne Ikemefune

Nwanne Ikemefune

Related Posts

Awards Drenched Leadway Pensure Exceeds Target, Records 25% Growth In 2023
Pension

Personal Pension Plan (PPP) Will Change The Face of Small Businesses And Eliminate Old Age Poverty – Leadway Pensure

March 18, 2026
Preferred PenCom Logo
Pension

Pension Integrity Reinforced With Imminent Launch of Data Recapture Self-Service Platform

January 31, 2026
Preferred PenCom Logo
Pension

PenCom Increases NSITF Pensions by 1,173%, Pays ₦8.70bn Arrears to 2,116 Retirees

January 28, 2026
Next Post
PenCom Spokesperson Aghahowa, Loses Mother

PenCom Spokesperson Aghahowa, Loses Mother

Please login to join discussion
NEM INSURANCE NEM INSURANCE NEM INSURANCE
  • Trending
  • Comments
  • Latest
Loss Adjusters Receive Charge To Match Speed Of New Developments

Loss Adjusters Receive Charge To Match Speed Of New Developments

April 27, 2024
tope smart NIA former chairman

Insurance Milestone: A Beacon To Follow

April 3, 2022
Custodian Investment To Acquire 51% Stake In UACN Property

Penetration: Operators Call For Insurance-In-Action

November 2, 2022
NCRIB And Universal In Pictures

NCRIB And Universal In Pictures

May 4, 2024
Buyer Power Grows Ahead of 2026 Reinsurance Renewals

Reinsurance Rates May Increase Into 2022, But Momentum To Wane: Fitch

September 19, 2025
ncrib logo

NCRIB Sets The Stage For Adaramola’s Tenure

June 7, 2023
Linkage Assurance Aligns With Brokers For Growth

Linkage Assurance Aligns With Brokers For Growth

December 6, 2021
Preferred PenCom Logo

PenCom Board Crafted To Hedge Setback

February 1, 2021
PTAD Wipes 21,227 Parastatals Pensioners From Payroll

PTAD Wipes 21,227 Parastatals Pensioners From Payroll

January 31, 2021
Preferred PenCom Logo

PenCom Board Back-To-Work Pass, Gets Tick Over

May 4, 2025
Anchor MD Loses Father

Anchor MD Loses Father

2
Regulators Clear Guinea Insurance  For Private Placement

Regulators Clear Guinea Insurance For Private Placement

2
NAICOM Helmsman Thomas Leads African Insurance Supervisory Authorities

NAICOM Inaugurates Discount Rate Committee To Ease Insurance Contracts Under IFRS 17

2
Insurance Mastercard Joe Irukwu Passes On

Insurance Mastercard Joe Irukwu Passes On

2
AIICO Head office

Car Insurance Takes A New Turn With AIICO, ETAP ‘Redefine Partnership’

2
Authenticity Of Motor Policy, Technology Crowns Policyholders Verifying Partners

Authenticity Of Motor Policy, Technology Crowns Policyholders Verifying Partners

2
NAICOM Helmsman Thomas Leads African Insurance Supervisory Authorities

NAICOM Helmsman Thomas Leads African Insurance Supervisory Authorities

2
Ebere Nwoji Makes It Back To Back As 2023 Print Media Reporter

Ebere Nwoji Makes It Back To Back As 2023 Print Media Reporter

2
Loss Adjusters Receive Charge To Match Speed Of New Developments

Loss Adjusters Receive Charge To Match Speed Of New Developments

2
NAICOM Helmsman Thomas Leads African Insurance Supervisory Authorities

Federal Government & NAICOM Working On New Guidelines For Insuring Government Assets

2
Insurance Lobby in The Presidency, Pushes Insurance Inclusion For Economic Stability

Insurance Lobby in The Presidency, Pushes Insurance Inclusion For Economic Stability

March 20, 2026
Guinea Insurance Unfolds N5.8bn Rights Issues, Woos Investing Community Through Traded Rights

Guinea Insurance Unfolds N5.8bn Rights Issues, Woos Investing Community Through Traded Rights

March 20, 2026
Awards Drenched Leadway Pensure Exceeds Target, Records 25% Growth In 2023

Personal Pension Plan (PPP) Will Change The Face of Small Businesses And Eliminate Old Age Poverty – Leadway Pensure

March 18, 2026
Leadway Advocates Safety First as Nigerians Embrace The New Year

Leadway Group Puts Corps Members in The Insurance Loop With ‘Lead Forward’ Initiative 

March 16, 2026
Insurers Claim Payment Surge Driven by Market Discipline, Operators Resilience – NAICOM

Insurers Claim Payment Surge Driven by Market Discipline, Operators Resilience – NAICOM

March 16, 2026
Hurdles Clearing Begin For Insurers & Reinsurers, Those Still Standing After ‘Scan’ Will Get Licence – CFI

Hurdles Clearing Begin For Insurers & Reinsurers, Those Still Standing After ‘Scan’ Will Get Licence – CFI

March 15, 2026
NIN Becomes Ubiquitous Addition to Insurance Policy Requirements Starting April 30

NIN Becomes Ubiquitous Addition to Insurance Policy Requirements Starting April 30

March 12, 2026
Loss Adjusters Push For NAICOM Assisted Capacity Training, Strict Compliance And Collaboration

Loss Adjusters Push For NAICOM Assisted Capacity Training, Strict Compliance And Collaboration

March 11, 2026
Nigerians Urged to Sustain Rising Insurance Embrace as Social Imperative

Insurers Get Rare Kudos From NAICOM, Urges Operators to Follow Its Current Narrative About Market Strength

March 9, 2026
NAICOM Advances New Era For Smaller And Specialist Players in a Repositioned Market Shaped by Confidence And Credibility

NAICOM Advances New Era For Smaller And Specialist Players in a Repositioned Market Shaped by Confidence And Credibility

March 6, 2026
ADVERTISEMENT

Recent News

Insurance Lobby in The Presidency, Pushes Insurance Inclusion For Economic Stability

Insurance Lobby in The Presidency, Pushes Insurance Inclusion For Economic Stability

March 20, 2026
Guinea Insurance Unfolds N5.8bn Rights Issues, Woos Investing Community Through Traded Rights

Guinea Insurance Unfolds N5.8bn Rights Issues, Woos Investing Community Through Traded Rights

March 20, 2026
Awards Drenched Leadway Pensure Exceeds Target, Records 25% Growth In 2023

Personal Pension Plan (PPP) Will Change The Face of Small Businesses And Eliminate Old Age Poverty – Leadway Pensure

March 18, 2026
Leadway Advocates Safety First as Nigerians Embrace The New Year

Leadway Group Puts Corps Members in The Insurance Loop With ‘Lead Forward’ Initiative 

March 16, 2026
Insurers Claim Payment Surge Driven by Market Discipline, Operators Resilience – NAICOM

Insurers Claim Payment Surge Driven by Market Discipline, Operators Resilience – NAICOM

March 16, 2026
Hurdles Clearing Begin For Insurers & Reinsurers, Those Still Standing After ‘Scan’ Will Get Licence – CFI

Hurdles Clearing Begin For Insurers & Reinsurers, Those Still Standing After ‘Scan’ Will Get Licence – CFI

March 15, 2026
NIN Becomes Ubiquitous Addition to Insurance Policy Requirements Starting April 30

NIN Becomes Ubiquitous Addition to Insurance Policy Requirements Starting April 30

March 12, 2026
Loss Adjusters Push For NAICOM Assisted Capacity Training, Strict Compliance And Collaboration

Loss Adjusters Push For NAICOM Assisted Capacity Training, Strict Compliance And Collaboration

March 11, 2026
Nigerians Urged to Sustain Rising Insurance Embrace as Social Imperative

Insurers Get Rare Kudos From NAICOM, Urges Operators to Follow Its Current Narrative About Market Strength

March 9, 2026
NAICOM Advances New Era For Smaller And Specialist Players in a Repositioned Market Shaped by Confidence And Credibility

NAICOM Advances New Era For Smaller And Specialist Players in a Repositioned Market Shaped by Confidence And Credibility

March 6, 2026
emPLE Partners Lagos State and Bastion Health for International Women’s Day “emPOWERHer” Health Drive

emPLE Partners Lagos State and Bastion Health for International Women’s Day “emPOWERHer” Health Drive

March 6, 2026
Risk Specialists Advice Business Leaders To Prepare For Rise In Civil Unrest

Global High Impact Events Push High Loss Scenarios

March 5, 2026
Leadway Advocates Safety First as Nigerians Embrace The New Year

Nigerian Arts Get National Prominence Through Leadway Sustained Sponsorship of +234 Art Fair

March 4, 2026
12 Month Recapitalisation, Risk Based Capital Race  on NIIRA 2025 Commences With Clear Avoidable, More Expectations

Blueprint For Transparent, Time Bound Claims Processing, Payment Coming From Insurance Regulator

March 3, 2026
NEM Insurance NEM Insurance NEM Insurance
Business Post

We connect brands with buyers and sellers of insurance, pension and also project insurance and allied Businesses to the trending generation. We help the various public to adapt to the constant changes as it would impact, and also enable advertisers to connect, engage and target opportunities on line , in print and in person.

Browse by Category

  • Business Unlimited
  • Feature
  • Insurance
  • News
  • OIL & ENERGY
  • Pension
  • Travel
  • Uncategorized

Recent News

Insurance Lobby in The Presidency, Pushes Insurance Inclusion For Economic Stability

Insurance Lobby in The Presidency, Pushes Insurance Inclusion For Economic Stability

March 20, 2026
Guinea Insurance Unfolds N5.8bn Rights Issues, Woos Investing Community Through Traded Rights

Guinea Insurance Unfolds N5.8bn Rights Issues, Woos Investing Community Through Traded Rights

March 20, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 BusinessPost

No Result
View All Result
  • Home
  • Insurance
  • Business Unlimited
  • OIL & ENERGY
  • Feature
  • News
  • Contact Us
  • About
  • Advertise
  • Privacy & Policy

© 2023 BusinessPost

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In