{"id":44177,"date":"2022-08-01T21:27:37","date_gmt":"2022-08-01T21:27:37","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=44177"},"modified":"2022-08-01T21:27:42","modified_gmt":"2022-08-01T21:27:42","slug":"ptad-reiterates-commitment-to-safeguarding-pensioners-payments","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/ptad-reiterates-commitment-to-safeguarding-pensioners-payments\/","title":{"rendered":"PTAD reiterates commitment to safeguarding pensioners\u2019 payments"},"content":{"rendered":"<p>The Executive Secretary of Pension Transitional Arrangement of Directorate (PTAD), Dr Chioma Ejikeme, has reiterated the agency\u2019s commitment to safeguarding pensioners and their payments.<\/p>\n\n\n\n<p>She said this during a sensitisation and collaboration forum with anti-graft agencies and other relevant stakeholders in Abuja on Monday.<\/p>\n\n\n\n<p>Ejikeme said that thhe directorate had engaged Department of State Security (DSS), Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC).<\/p>\n\n\n\n<p>Others, according to her, are: Office of the Accountant General of the Federation (OAGF), Public Complaints Commission (PCC) and Nigerian Union of Pensioners (NUP).<\/p>\n\n\n\n<p>She said that the stakeholders were to continually re-strategise and come to terms with the realities of pension payments and its attendant challenges.<\/p>\n\n\n\n<p>\u201cWe will recall that pension industry had been swarmed with complaints of extortion by fraudsters and phone calls demanding for money to quicken computation and payment of outstanding liabilities.<\/p>\n\n\n\n<p>\u201cThe past ineffective and poor management in the industry before the pension reforms had put pension management under the Defined Benefit Scheme (DBS) in bad light.<\/p>\n\n\n\n<p>\u201cThe advent of the reforms requires that the directorate have two-pronged solutions: settling the outstanding pension arrears and monthly payroll management and curbing fraud within the pension industry,\u201d Ejikeme said.<\/p>\n\n\n\n<p>She further stated that the directorate was providing a paradigm shift in the delivery of its mandate.<\/p>\n\n\n\n<p>\u201cThe success has been multi-faceted, spanning verification, use of technology in computation, a technology-based seamless payment system and most importantly, continuous synergy with security agencies to reduce malpractices and fraud in the management under DBS,\u201d she said.<\/p>\n\n\n\n<p>The executive secretary said that the OAGF had ensured timely release, subject to availability of funds.<\/p>\n\n\n\n<p>\u201cWe work with them to ensure effective and conclusive payment reconciliation, and our success has been possible through collaboration with our other friendly stakeholders.<\/p>\n\n\n\n<p>\u201cNotwithstanding these feats, there is always room for improvement, and this forum presents an opportunity for all present to contribute,\u201d Ejikeme said.<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-44177\" data-postid=\"44177\" class=\"themify_builder_content themify_builder_content-44177 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>The Executive Secretary of Pension Transitional Arrangement of Directorate (PTAD), Dr Chioma Ejikeme, has reiterated the agency\u2019s commitment to safeguarding pensioners and their payments. She said this during a sensitisation and collaboration forum with anti-graft agencies and other relevant stakeholders in Abuja on Monday. Ejikeme said that thhe directorate had engaged Department of State Security [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11993,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1366,949],"tags":[538],"class_list":["post-44177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","tag-ptad","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PTAD reiterates commitment to safeguarding pensioners\u2019 payments - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/ptad-reiterates-commitment-to-safeguarding-pensioners-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PTAD reiterates commitment to safeguarding pensioners\u2019 payments - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Executive Secretary of Pension Transitional Arrangement of Directorate (PTAD), Dr Chioma Ejikeme, has reiterated the agency\u2019s commitment to safeguarding pensioners and their payments. 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