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Business

We Recognise the Vital Role PTAD Plays says House of Reps.

todayDecember 3, 2024 9 4

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By Oluwakemi Kindness

The House of Representatives says it recognises the vital role the Pension Transitional Arrangement Directorate (PTAD) plays, especially in the payment of pensions, gratuity and death benefits to retirees of the Federal Government exempted from the Contributory Pension Scheme.

Members of the House Committee on Pensions, stated this when its Chairman, Hussaini Mohammed Jallo, led them on a visit to the the Directorate on Monday as part of their Oversight Function.

According to the Chairman, the visit is part of their duties in line with the standing orders of the House of Representatives.

A statement by the Head, Corporate Communications, Olugbenga Ajayi, said Jallo further explained that the Committee is established to provide guidance and support to the Directorate, ensure accountability and transparency, facilitate collaboration and above all, appropriate the needed funds to take care of the pensioners under PTAD’s jurisdiction.

Earlier in her welcome remarks, the Executive Secretary of PTAD, Tolulope Odunaiya, expressed her appreciation to the Committee for their unwavering support to the Directorate over the years and pledged to continue in the giant strides already laid down and ensure that the relationship between the Directorate and the Committee remains cordial and mutually beneficial to the utmost service of the Pensioners.

The PTAD Boss informed the Committee of the Directorate’s achievements since they last visited, which in addition to regular payment of monthly pension include: Opening a new state office in Ilorin, Kwara State, Payment of arrears to some batches of pensioners in line with approval from the National Salaries, Incomes and Wages Commission, and payment of gratuities and death benefits to pensioners and Next-of-Kin of deceased pensioners respectively.

Meanwhile Jallo and other members of the Committee congratulated Tolulope Odunaiya on her recent appointment as the Executive Secretary of PTAD, and enjoined her to work together with the Committee to address the challenges and overcome obstacles in order to enhance service delivery and public satisfaction, as well as uphold the highest standards of integrity.

According to the chairman in his remarks, “together, we will drive positive change and excellence not only to PTAD, but to the Pension Industry asa whole”.

END

Written by: Democracy Radio

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