Pension fund contributors’ yields on N9.4trillion pension fund may soon drop, no thanks to thanks to a new policy of the Central Bank of Nigeria (CBN), writes Omobola Tolu-Kusimo.
YUSUF: I am Yusuf. My monthly pension is supposed to be more than N951.91. PTAD should please tell me the exact amount and the remaining arrears.
PTAD: The issue of short payment of monthly pension. The pensioner served the Federal Government for one year three months 29 days on grade level 9 step 3. These are the parameters used in computing his pension and it was observed that he is not being short paid.
FOLORUNSO: My name is Folorunso. I am an Ogun State pensioner with federal share. Since retirement in November 2006, the federal share of my gratuity and pension arrears between November 2006 and June 2010 have not been paid, despite verification, data submissions and appeals. I will be grateful if my case can be looked into and payments effected. Thank you.
THE NATION: The Nation will intervene by sending your complaint to PTAD. Do watch out for the newspaper publication next Wednesday for response from the Commission and subsequently every week for pension news.
ZAKARI: Hello Omobola, my name is Zakari from Niger State. I am the next-of-kin, who sent SMS to seek your assistance to come between PTAD and I over the non-payment of my father’s death benefit since October 15, 2017 that I was verified by PTAD. I sincerely appreciate you and The Nation for your intervention because I have seen my complaint and response from PTAD in the newspaper. Since the publication, I have visited PTAD office in Abuja two times. After our verification in October 2017, PTAD scheduled verification for NITEL retirees and their next-of-kin on February 28, last year and it took PTAD some months before they finished the verification. Later, we heard that PTAD was about to pay the NITEL retirees and their next-of-kin, but we didn’t believe it until one of my friends, a next-of-kin, whose father is also dead received payment. I immediately travelled to Abuja to know why or how it is possible those who had their verification after us got their money before us. The response I got was that they only pay 500 next-of-kin of NITEL, but that they would pay us as soon as they received money from the Federal Government. This was between June and July, last year. This year, PTAD has abandoned our categories again and paid some next-of-kin of another organisation called Nigerian or National Savannah. I travelled again to Abuja and they still assured me that when they got money from Federal Government, they would pay us. Please help intervene again.
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