PTAD adds 284 Reinsurance pensioners to payrolls

Sixteen years after Nigeria Reinsurance was privatized by the federal government, relief has come the way of 284 pensioners of the company as the Pension Transitional Arrangement Directorate (PTAD) has added them to its monthly payroll.
A statement made available in Abuja by the communication department of PTAD said a total of N8.31million was paid to the new enrollees for the month of July 2018 as they start receiving their monthly pension for life.
According to the statement, PTAD Executive Secretary, Sharon Ikeazor, said “no pensioner or retiree, after serving their fatherland should ever be forced into the indignity and painful uncertainty of delayed pensions.
“Today, Nigeria Reinsurance pensioners verified by PTAD Nigeria have been placed on monthly pension payroll.
It is indeed a promise kept.
The ES reiterated President Muhammadu Buhari’s commitment to pensioners’ welfare, while assuring her pensioners that the backlog of outstanding pension arrears will be cleared as funds are allocated and released.