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RESOLUTION OF PENSIONERS CHALLENGES; OUR PRIORITY-PTAD

 

 

The Pension Transitional Arrangement Directorate, PTAD has disclosed that the federal government still owes the over liability to redundant agencies and parastatals.

This was made known by the Deputy Director of Parastatals Pension Department, PaPD of PTAD, Umoru Yusuf at a training workshop for pension correspondents in Abuja.

He explained that the outstanding reveals that the defunct Nigeria Telecommunications Nitel/Mtel has the largest with N73bn unfunded liability which translates to 81 percent.

According to him, others are Delta steel N7. 9bn, NICON Insurance N4. 9bn and New Nigeria Newspaper N2. 9bn, adding that there are currently 92,373 pensioners drawn from 265 agencies under the PTAD.

He stated that the amount remains a concern for the directorate, adding that several engagements were ongoing to sort the funds to offset the liability.

‘’This has continued to be an issue for the Directorate, further discussions are ongoing with the government. So far a lot of progress has been made in this direction, ‘’ he said.

Also, the Deputy Director of Pension Support Services Department, PSSD, Mrs. Amina Abdullahi speaking on the ‘’I AM ALIVE CONFIRMATION’’ explained that the web-based solution is to confirm pensioners’ ”ALIVENESS.

According to her, the initiative is a web-based solution to confirm the “aliveness” of verified pensioners on PTAD Monthly Pension Payroll, so that they can continue to receive a monthly pension.

“Web-based solution” simply means that it can be accessed either with a computer or a phone

‘’Pensioners can access the ‘I AM ALIVE CONFIRMATION’ application from their homes or residential locations, without the need for travel to the PTAD Office,’’ she said.

Stating the benefits, she said that the application is convenient, easily accessible, secures authentication, takes short time, saves cost, and allows PTAD to periodically update the pensioner database.

 

 

 

Earlier, the Executive Secretary of PTAD, Dr. Chioma Ejikewe during her welcome address stressed that the importance of the media to the operations of PTAD cannot be over-emphasized.

The ES who was represented by Mr. Abdallah Abubakar said that the workshop is to be adequately informed about the Act establishing PTAD, the mandate, the different operational departments in the Directorate.

She called on the journalists to work with PTAD to ensure that this mandate is fulfilled as it’s the directorate’s intention to foster the already-robust relationship between PTAD and the Media to correct all misrepresentations and inform them of the next steps to take as we work hard to ensure that the welfare of our pensioners is sustained.

‘’Pension management in Nigeria is a very sensitive issue, and PTAD has been at the forefront since inception, ensuring that the welfare of pensioners under the Defined Benefit Scheme remains a priority.

‘’As our partner in progress, we rely on the media, especially our reporters, to work with us to ensure that this mandate is fulfilled. It is our intention to foster the already-robust relationship between PTAD and the Media, correct all misrepresentations and inform them of the next steps we intend to take as we work hard to ensure that the welfare of our pensioners is sustained

PRINCESS SOBURA USMAN

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