President Bola Ahmed Tinubu has approved an increment for pensioners.
Its Executive Secretary, Dr. Chioma Ejikeme, broke the news during the inauguration of PTAD’s State Office in Ilorin, the Kwara State capital.
She said the increment would take effect from January 1, this year and implementation, as proposed by it, this month.
She noted that the increment was historic as it was the first time the Federal Government had proactively approved same for pensioners under the Defined Benefits Scheme (DBS).
She urged pensioners who were yet to do the “I Am Alive” Confirmation Solution.
She enjoined the union executives to assist the Directorate in spreading this information to their members.
She said the PTAD’s officers in the new Kwara State branch office would assist anyone with challenges. She added that the mobile team would visit the infirm and bed-ridden pensioners.
She welcomed prospective new enrollees, the legacy pensioners, from the Federal Mortgage Finance Limited and Federal Mortgage Bank whom they are verifying and assured them of PTAD’s commitment to their welfare.
She further expressed gratitude to Tinubu for his commitment to the welfare of pensioners through the prompt release of funds for the payment of pensions and continued liquidation of inherited pension liabilities.
