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FG Approves N2.6bn To Pay Pension Increment Arrears - Politics - Nairaland

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FG Approves N2.6bn To Pay Pension Increment Arrears by seungold442: 12:15pm On Apr 08, 2019
The Pension Transitional Arrangement Directorate has approved the payment of the final tranche of the six months’ arrears of 33 per cent pension increment to pensioners.

According to PTAD, the payment would be paid to 103,710 civil service pensioners.
The pension directorate recalled that in July 2010, the Federal Government announced a 33 per cent pension increase for pensioners.

The Federal Government began the payment of the increment from January 2014 leaving arrears of 42 months.

Out of the 42 months that were outstanding as at 2014, 24 months were paid in 2016; six months were paid in 2017, while six months were paid in November 2018.

PTAD stated that, “The directorate has now cleared the backlog of the 33 per cent pension arrears of three main departments of Civil Service Pension Department, Police Pension Department and Customs, Immigration and Prisons Pension Department.

“The directorate has also assured that backlog of 33 per cent arrears owed parastatal pensioners will be cleared in due course.”
Source: https://citadelng.com/fg-approves-n2-6bn-to-pay-pension-increment-arrears/

Re: FG Approves N2.6bn To Pay Pension Increment Arrears by helinues: 12:17pm On Apr 08, 2019
Good one from FG

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Re: FG Approves N2.6bn To Pay Pension Increment Arrears by seungold442: 12:38pm On Apr 08, 2019
at least it will reduce the stage of poverty among civil servants in Nigeria
Re: FG Approves N2.6bn To Pay Pension Increment Arrears by senatordave1(m): 1:09pm On Apr 08, 2019
Up buhari.one of the reasons he floored atiku....

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Re: FG Approves N2.6bn To Pay Pension Increment Arrears by seungold442: 4:58pm On Apr 08, 2019
the man is trying his possible best to put Nigeria in good shape to some extents

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