The Pension Transitional Arrangement Directorate (PTAD) has said that it would pay N10 billion pension liabilities after the conclusion of the ongoing verification exercise for parastatals pensioners and their next of kins.
The Executive Secretary of PTAD, Dr Chioma Ejikeme, disclosed this on Monday in Kaduna, shortly after monitoring the pensioners’ physical verification exercise.
She said that PTAD embarked on the exercise so as to generate an accurate data base of pensioners to determine the actual liability.
“The verification is for all Federal Government-funded parastatals, agencies andIinstitutes across the country, under the Defined Benefit Scheme,” Ejikeme said.
According to her, the exercise will enable the PTAD to determine how much it is actually owing pensioners.
“The exercise will also enable us to capture those that are supposed to be on the payroll but were not captured.
“We want to know whether the pensioners are getting their monthly pension, getting what they are supposed to get and whether they are being underpaid or overpaid ?
“We also want to know those that have fallen out of our payrolls by virtue of death. The whole idea is for us to be able to compute what we are owning them and pay every pensioner what is due to him or her,” she explained.
Ejikeme expressed confidence that after the exercise, PTAD would get the correct data of pensioners which will enable it to pay all outlasting arrears, but subject to availability of funds.
The Executive Secretary said that more than 13,000 pensioners were expected to be verified in the North West geo-political zone, adding that so far, about 8,383 have been verified.
“We have concluded verification in Sokoto state, while the exercise will be concluded on Oct. 2 in Kano state and Oct. 4 in Kaduna state.
“We are committed to ensuring that pensioners are treated with the respect and dignity they deserve, and this will be the last physical verification exercise for pensioners,” she said.
Some of the pensioners who spoke to the News Agency of Nigeria (NAN) gave a pass mark to PTAD for a well-coordinated and stress-free verification exercise.
One of them, Mrs Ruth Onazi told NAN that the exercise was well organised saying, “they treated us with all the respect we deserve.”
Another pensioner, Malam Abbas Hayatudeen, decribes the exercise as “smooth and excellent with no worries. We were well cared for and well fed”.