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Home Pension

PTAD Reaffirms Commitment To Defined Benefits Clean Up Challenge

Nwanne Ikemefune by Nwanne Ikemefune
February 28, 2022
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PTAD Reaffirms Commitment To Defined Benefits Clean Up Challenge

L-R: Olugbenga Ajayi, head corporate affairs, Dr. Suleyman Shelleng, director, Civil Service Pension Dept, Mrs. Nneka Obiamalu director Pension Support Services Dept, Kabiru B. Yusuf, Director Parastatals Pension Dept, dep director Police Pension Dept, Mrs. C Adebote, Mr. Abdulla Abubakar, Customs, Immigration and Prisons Pension Dept. and Dr. Ihuoma Ikemba-Efughi, Special Asst to ES at the training workshop in Lagos.

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The Pension Transitional Arrangement Directorate PTAD says its commitment to change the narrative of pension administration in Nigeria especially under the defined benefits scheme is unwavering.

Executive Secretary, PTAD, Dr. Chioma Ejikeme, represented by Kabiru Yusuf a director, explained what has been the focus of the department, to straighten and clear the dirt road of the defined benefits administration, and content that this has been largely achieved said, “PTAD has worked assiduously to change the narrative,… and we are proud to see that the hard work has yielded and has continued to yield positive results.”

Ejikeme’s opening of the PTAD operating book was at the one day training workshop for pension correspondents held on Monday in Lagos, said, “It is very important, as reporters, to understand where we are coming from, where we are headed, and what exactly we do, so you can report accurately.”

She comments, “Pension management in Nigeria is a very sensitive issue, and PTAD has been at the foretront since inception, ensuring that the welfare of pensioners under the defined benefit scheme remains a priority.”

She admits that the media has a role and PTAD relies on that to ensure that its pension mandate is fulfilled. Optimistic about the “already-robust relationship between PTAD and the media,” she said this would correct all misrepresentations and inform and also inform the pensioners “of next steps we intend to take as we work hard to ensure that the welfare of our pensioners is sustained.”

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