Friday, 7 October 2016

PTAD chief: pension entitlements’ll be paid - OmobolaTolu-Kusimoon

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PTAD chief: pension entitlements’ll be paid
The new Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Barr  Sharon Ikeazor has assured all pensioners under the Defined Benefit Scheme (DBS) that all their outstanding pension benefits and other entitlements would be paid.
In her acceptance speech during the hand over ceremony at PTAD’s Headquarters in Abuja yesterday, she said the Directorate will work to ensure that pensioners are never subjected to   uncertainties, painful delays, and unnecessary hurdles that have been the history of  DBS pension’s payment.
The PTAD chief said she felt humbled to be entrusted by President Mohamrnadu Buhari with the important task of making positive difference in the lives of millions of Nigerians who have served their father land with dedication over the decades.
She said the responsibilities of PTAD are clearly defined, noting that it is tasked primarily with ensuring  timely payment of benefits and other entitlements as at when due to pensioners under the DBS.
She however said budgetary provisions for pensions has always been one of the most vulnerable items in budget implementation.

Culled from The Nation

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