THE PENSION TRANSITIONAL ARRANGEMENT DIRECTORATE SAYS IT HAS SUCCESSFULLY COMPLETED THE LIQUIDATION OF THE OUTSTANDING 56 MONTHS' INHERITED PENSION LIABILITIES FOR PENSIONERS OF THE DEFUNCT NICON INSURANCE AND THE BALANCE OF 49 MONTHS OWED TO EX-WORKERS OF DELTA STEEL COMPANY.
THE EXECUTIVE SECRETARY CHIOMA EJIKEME ADDRESSING A NEWS CONFERENCE IN ABUJA, THE EXECUTIVE SECRETARY OF PTAD, MISSUS CHIOMA EJIKEME STATES THAT THE INHERITED UNFUNDED LIABILITIES FOR DEFUNCT AGENCIES AT INCEPTION WERE TO THE TUNE OF OVER 95 BILLION NAIRA. ACCORDING TO HER, OVER 39 BILLION NAIRA HAVE BEEN SETTLED AND ARE STILL ONGOING.

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