PTAD concludes computation of pension benefits of 3,542 Delta Steel pensioners

By Kingsley Okoye

Abuja –  The (PTAD) has concluded the computation of for 3,542 (DCS) pensioners.

A statement by management of PTAD on Monday in Abuja said the successful computation of the benefits for the DSC pensioners became possible 13 years after privatised the company in February 2005.

According to the statement, the , of PTAD, Ms Sharon Ikeazor along with her management team had paid a visit to Aladja, in on March 2017 to meet with the retirees.

Ikeazor had assured the retirees of President ’sadministration’s commitment to the welfare of Nigerian pensioners.

It said PTAD had successfully verified 4,182 regular pensioners and deceased pensioners Next of Kin (NOKs) in November 2017 in an exercise that held concurrently in Abuja, Lagos and Aladja in Delta.

It said the 3,542 pensioners, who were cleared by Federal audit would be pay rolled in August 2018 and would start receiving their monthly pension for life.

It said the computation, audit and pay rolling of NICON, Nigerian Reinsurance and NITEL/MTEL would be completed in due course.

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