• Contact Us
  • About
  • Advertise
  • Privacy & Policy
Friday, April 17, 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
90
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

PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro
Pension

PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro

April 15, 2026
PenOp Elects Donald Onuoha as President, Unveils New Executive Committee
Pension

PenOp Elects Donald Onuoha as President, Unveils New Executive Committee

April 15, 2026
Protection of N28tr Pension Assets, Corporate Governance, at Forefront as FG Inaugurates PenCom Board,
Pension

Protection of N28tr Pension Assets, Corporate Governance, at Forefront as FG Inaugurates PenCom Board,

March 24, 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, But Momentum To Wane: Fitch

April 17, 2026
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
Recalibration of Insurance Sprouts With NAICOM, UNDP Efforts to Scale Insurance Innovation, Sustainability, and Climate Risk Resilience

Recalibration of Insurance Sprouts With NAICOM, UNDP Efforts to Scale Insurance Innovation, Sustainability, and Climate Risk Resilience

April 17, 2026
PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro

PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro

April 15, 2026
PenOp Elects Donald Onuoha as President, Unveils New Executive Committee

PenOp Elects Donald Onuoha as President, Unveils New Executive Committee

April 15, 2026
Nigeria Urges ECOWAS to Build Brown Card on Mutual Trust, Reciprocity And Collective Discipline

Nigeria Urges ECOWAS to Build Brown Card on Mutual Trust, Reciprocity And Collective Discipline

April 15, 2026

Nigeria Insurance Market Close 2025 With Strong Performance, GPW N2,302bn, Higher Retention And Profitability

April 14, 2026
NAICOM logo

NAICOM Deflates Attempt by Infiltrators to Disrupt Staff Commitment to Service

April 13, 2026
Ambitious Women Get High Flying Empowerment From Heirs Insurance Group and United Capital Partner on Self-Care and Wealth

Ambitious Women Get High Flying Empowerment From Heirs Insurance Group and United Capital Partner on Self-Care and Wealth

April 13, 2026
12 Month Recapitalisation, Risk Based Capital Race  on NIIRA 2025 Commences With Clear Avoidable, More Expectations

NAICOM Releases All The Doings of Insurance Policyholders Protection Fund For Strict Compliance

April 9, 2026
Dumebi Kachikwu says ADC crisis makes 2027 political ambitions a ‘nonstarter’

Dumebi Kachikwu says ADC crisis makes 2027 political ambitions a ‘nonstarter’

April 4, 2026
Time to Consider Insurance as Brands

Trust And Transparency, Insurance Stakeholders Look Into Sure Promises Available to Transform The Market

April 3, 2026
ADVERTISEMENT

Recent News

Recalibration of Insurance Sprouts With NAICOM, UNDP Efforts to Scale Insurance Innovation, Sustainability, and Climate Risk Resilience

Recalibration of Insurance Sprouts With NAICOM, UNDP Efforts to Scale Insurance Innovation, Sustainability, and Climate Risk Resilience

April 17, 2026
PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro

PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro

April 15, 2026
PenOp Elects Donald Onuoha as President, Unveils New Executive Committee

PenOp Elects Donald Onuoha as President, Unveils New Executive Committee

April 15, 2026
Nigeria Urges ECOWAS to Build Brown Card on Mutual Trust, Reciprocity And Collective Discipline

Nigeria Urges ECOWAS to Build Brown Card on Mutual Trust, Reciprocity And Collective Discipline

April 15, 2026

Nigeria Insurance Market Close 2025 With Strong Performance, GPW N2,302bn, Higher Retention And Profitability

April 14, 2026
NAICOM logo

NAICOM Deflates Attempt by Infiltrators to Disrupt Staff Commitment to Service

April 13, 2026
Ambitious Women Get High Flying Empowerment From Heirs Insurance Group and United Capital Partner on Self-Care and Wealth

Ambitious Women Get High Flying Empowerment From Heirs Insurance Group and United Capital Partner on Self-Care and Wealth

April 13, 2026
12 Month Recapitalisation, Risk Based Capital Race  on NIIRA 2025 Commences With Clear Avoidable, More Expectations

NAICOM Releases All The Doings of Insurance Policyholders Protection Fund For Strict Compliance

April 9, 2026
Dumebi Kachikwu says ADC crisis makes 2027 political ambitions a ‘nonstarter’

Dumebi Kachikwu says ADC crisis makes 2027 political ambitions a ‘nonstarter’

April 4, 2026
Time to Consider Insurance as Brands

Trust And Transparency, Insurance Stakeholders Look Into Sure Promises Available to Transform The Market

April 3, 2026
Leadway Advocates Safety First as Nigerians Embrace The New Year

Climate Risk Solutions: Leadway Assurance Promotes Africa Climate Insurance Symposium in Germany

April 2, 2026
ILAN New President, Udobi, Sets to Stretch Limits With BIRDS Approach to Loss Adjusters Upgrade

Udobi, ILAN President Exerts Pressure to Break Yet Unattainable Charter Jinx

April 3, 2026
Leadway Advocates Safety First as Nigerians Embrace The New Year

Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

March 27, 2026
Image Spin: NEXTGEN Insurers Knowledge Challenge, Lagos State University of Science and Technology Wins

Image Spin: NEXTGEN Insurers Knowledge Challenge, Lagos State University of Science and Technology Wins

March 31, 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

Recalibration of Insurance Sprouts With NAICOM, UNDP Efforts to Scale Insurance Innovation, Sustainability, and Climate Risk Resilience

Recalibration of Insurance Sprouts With NAICOM, UNDP Efforts to Scale Insurance Innovation, Sustainability, and Climate Risk Resilience

April 17, 2026
PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro

PenOp Appoints New Chief Executive Officer, Anthonia Ifeanyi Okoro

April 15, 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