PTAD Pays N18.96bn PHCN Pension Arrears to 3,958 Retirees : Afroconomy - Afroconomy
Pan African Edition
|Sign in|Business Studio
Markets
Nigeria inflation23.0101 percent
South Africa inflation3.2055 percent
Kenya inflation4.0691 percent
Ghana inflation14.2047 percent
Naira1,330.27 NGN per USD+0.18%
Rand16.2605 ZAR per USD-0.39%
Shilling129.53 KES per USD-0.03%
Cedi11.4406 GHS per USD-0.06%
Egyptian pound52.137 EGP per USD-0.1%
Dirham9.4901 MAD per USD+0.32%
Afroconomy
Promote Business
Nigeria

PTAD Pays N18.96bn PHCN Pension Arrears to 3,958 Retirees

The Pension Transitional Arrangement Directorate (PTAD) has disbursed N18.96 billion to settle outstanding Back-End Computation (BEC) arrears owed to 3,958 eligible pensioners of the former Power Holding Company of Nigeria (PHCN) under the

Afroconomy Intelligence•
1 min readAI Summary
PTAD Pays N18.96bn PHCN Pension Arrears to 3,958 Retirees
Credit: Nairametrics

The Pension Transitional Arrangement Directorate (PTAD) has paid N18.96 billion in outstanding Back-End Computation arrears to 3,958 pensioners of the former Power Holding Company of Nigeria (PHCN) under the Defined Benefit Pension Scheme. The disbursement settles long-standing pension obligations owed to the retirees.

Filed Under

#Nigeria#Energy and Power

What did you make of this

Sign in to react and save stories. Reading is always free.

Be the first to comment

Sign in to join the conversation. Reading is always free.

    Spot an inaccuracy, policy breach or copyright concern?

    Related Reports & Analysis

    PenCom Targets Pension Coverage for All Nigerian Workers

    PenCom Targets Pension Coverage for All Nigerian Workers

    The National Pension Commission says about nine in 10 Nigerian adults remain outside formal pension arrangements, despite pension participation rising from 7.8 per cent in 2023 to 9.1 per cent in 2026. The post PenCom targets pension for ev

    Via Premium Times Economy1 min read