Nike Popoola
The Pension Transitional Arrangement Directorate has suspended 24,021 retirees from the payroll of the Federal Government.
SUNDAY PUNCH gathered that the suspension, which took place in April, led to a reduction in the amount paid as monthly pensions by the Federal Government.
PTAD is the government agency in charge of the pensioners under the Defined Benefits Scheme.
The agency noted, “Payment between March and April dropped due to the suspension of 24,021 pensioners that did not come forward for the verification between 2015 and 2018.”
In its monthly report to the Ministry of Finance, the directorate mentioned some of the key achievements and performance on its pension payments for April.
After it concluded its nationwide verification of federal retirees, PTAD had earlier stated that it added 7,969 civil service pensioners to its payroll to receive monthly pension…
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