Update from PTAD on arrears of 2019 Consequential Adjustment
Pension Transitional Arrangement Directorate (PTAD) has released a statement on the status of outstanding three months arrears due to the 2019 consequential adjustment to pensions.
“The Pension Transitional Arrangement Directorate (PTAD), wishes to inform our esteemed pensioners from the Civil Service Pension Department that due to circumstances beyond our control, the Directorate has not been able to at this time offset the outstanding three months arrears as a result of the 2019 consequential adjustment to pensions in the first quarter of 2022.”
PTAD thereafter said that it will pay the arrears as soon as funds are made available for the payment.
PTAD also said it regrets any inconvenience the delay may have caused esteemed pensioners.
Support PensionNigeria financially with N1,000 per Month HERE, or with any amount HERE
Empower us to do more independent analysis of the Pension Industry in Nigeria
Subscribe to PensionNigeria Daily News Broadcast on WhatsApp, just send “Subscribe” to 08160052802, PLEASE ensure you also save 08160052802 to your contacts as “PensionNigeria” to enable you receive the PensionNigeria News Broadcast.
Subscribe to PensionNigeria Daily Newsletter and get Today’s Top Pension News delivered straight into your email box every Evening.
If you have subscribed before and you still do not receive our Newsletter, please check your “Spam Folder”, if you find our Newsletter there, mark it as “NOT SPAM” or move it to your Inbox
Pension is Your Right,
An Insurance for Old Age
Follow PensionNigeria on Social Media LinkedIn Twitter Instagram Facebook YouTube
