PTAD releases additional information on Consequential Pension Increment – PensionNigeria

PTAD releases additional information on Consequential Pension Increment

Pension Transitional Arrangement Directorate (PTAD) has released additional information on the consequential pension increment. PTAD released the table of consequential adjustments in pension arising from the implementation of the National Minimum Wage 2019. PTAD said the table will enable pensioners know the range their current emolument falls within, and the absolute increase associated with the range.

PTAD also disclosed that the first payment of arrears made to pensioners is for 12 months, except for the Civil Service Pension Department (CSPD) pensions who received only for 9months. PTAD said CSPD pensioners will receive additional payments in the next few days.

See below the table

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