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25
Thu, Apr

FG Begins Verification Of Pensioners, Next Of Kin

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Pension Transitional Arrangement Directorate (PTAD) has announced the recommencement of the Parastatal Pensioner Verification Exercise for pensioners and Next of Kin (NoK) under the Defined Benefit Scheme (DBS).

 

According to NAN, the management of PTAD made this announcement on its website, adding that the exercise concerned all Treasury-funded parastatals, agencies and institutes in five of the six geopolitical zones of the country.

 

The geopolitical zones were listed as South West, North East, South East, North West and North Central.

 

The News Agency of Nigeria (NAN) reports that the DBS was in existence before the introduction of the Pension Reform Act 2004.

 

The directorate also said that the exercise would start from July 15 to Oct. 30 at 8am to 4pm daily except on Sundays and in different allotted centres in each zone.

 

The exercise in the South West zone is scheduled to begin on July 15 to July 24 in allocated centres in Ibadan, Abeokuta and Osogbo.

 

Also, the verification dates for the North-East zone would start on Aug. 5 till Aug. 9 in assigned centres in Bauchi and Maiduguri.

 

For the South-East zone, the exercise would start on Aug. 26 till Sept. 4 in selected centres in Enugu, Awka and Owerri.

 

In the North-West zone, the exercise would begin on Sept. 23 till Oct. 2 in selected centres in Kaduna, Kano and Sokoto.

 

Lastly, the verification in the North Central zone would start on Oct. 21 till Oct. 30 in centres in Abuja, Ilorin and Minna.

 

The organisation added that the verification would also cover retirees of 270 agencies.

 

The agencies include federal universities, polytechnics, research institutes and other Treasury-funded parastatals, agencies and institutes, colleges of education, teaching hospitals and medical centres.

 

Also included are: Power Holding Company of Nigeria, Nigeria Railway Corporation and Nigeria Postal Services.

 

The management also said that the exercise would cover retirees of the defunct or privatised agencies yet to be verified.

 

These include: Aluminum Smelter Company of Nigeria (ALSCON), Nigeria Aviation Handling Company (NAHCO), Assurance Bank and Nigerian National Shipping Line (NNSL).

 

Meanwhile, all pensioners currently living outside the country will be verified whenever they visit provided they show proof of residency outside Nigeria.

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