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PTAD pays N9.47bn arrears to 3,958 PHCN pensioners

The Pension Transitional Arrangement Directorate, PTAD, has disbursed N9.47 billion to 3,958 PHCN pensioners under the Defined Benefit Scheme, DBS. Olugbenga Ajayi, PTAD’s Head of Corporate Communications, disclosed this in a statement on Thursday in Abuja. Ajayi said the payment represented the outstanding 50 per cent balance of arrears arising from the Back-End Computation, BEC. […]

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