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Pension challenges will soon be over- PTAD Director General

Pension Transitional Arrangement Directorate
The Pension Transitional Arrangement Directorate (PTAD) has said that the challenges facing the payment of pension to retired civil servants in the country would soon be over.

The Director General of PTAD, Nellie Mayshak disclosed this  at the ongoing nationwide police pensioners verification exercise on Wednesday in Owerri the Imo State Capital. Noted that the exercise was aimed at capturing police pensioners who retired from 2007 down wards.

Mayshak who spoke through Ms Comfort Kabirwa, Team Leader Police Pension Verification (Zone 9B), comprising Imo and Abia, under PTAD, said the exercise would help check the incidence of ghost workers among pensioners and ensure that the main pensioners were adequately paid their pensions.

The exercise she said,would sanitize the pension administration system and restore public confidence through effective management, accountability and transparency. “It would also alleviate the sufferings of the pensioners through regular and prompt payments, constant communication and easy accessibility,”

The Chairman, Association of Retired Police officers of Nigeria (ARPON), Imo Chapter,  Mr Albert Mbachu observed  that pension arrangement in the country has been awkward.

Mbachu, a retired Deputy Superintendent of Police  said that many pensioners in the country have died as a result  of the way and manner pension matters was being handled over the years.

Also speaking, Mr Michael Chikezie, Secretary of ARPON in Abia State, disclosed that pensioners’ arrears of 33 per cent were yet to be paid. He commended the Federal Government for setting up PTAD, which he said is doing a great work to tackle the pension challenges.

He therefore called on the FG to further review the Pension Act  2004 as promised to enable pensioners meet up with the rate of inflation in the country.

“There has been a lot of mismanagement of pension funds. Those who were found guilty are yet to be brought to book,” he said.

Another retired police officer Mrs Nkechi Okoroafor from Abia State advised the government to emulate the way pension administration was been handled in the developed  nations  to alleviate
the sufferings of pensioners in Nigeria. She commended PTAD for the exercise, expressing confidence that soon the challenges of pensioners  not  transiting to the Defined Contributory Scheme (DCS) would be a thing of the past.

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