Pensions: PTAD set to pay ex-NAHCO Workers

Chinazor Megbolu

The Pension Transitional Arrangement Directorate (PTAD) is set to pay ex Nigerian Aviation Handling Company (NAHCO) workers soon.

The PTAD disclosed this in a statement obtained on Tuesday,  noting that the first batch of the verified ex-NAHCO workers will be paid.
The Executive Secretary, PTAD, Dr. Chioma Ejikeme in the statement, hinted that the Federal Government agency conducted physical verification and biometric data capture exercise for eligible ex-workers and next of kin of the deceased ex-workers of NAHCo during the nationwide verification exercise done for parastatals’ pensioners in 2019.
She pointed out that the collated data were subjected to rigorous due processes, resulting in the computation and auditing of the entitlements of the verified ex-workers and next of kin respectively.
Ejikeme further noted that the agency was ready to pay the first batch of ex-workers and next of kin that was eligible to receive the final payment.
She posited that for the pensioners and next of kin to access the benefit, it was important for PTAD to list out some salient points that defined their eligibility.
“The payment to be made is in respect of any outstanding terminal benefit that may exist as at the effective date of NAHCO privatization when the Federal Government of Nigeria’s entire equity holding in the company was disposed of.
“Payment would be made in batches subject to the availability of funds. The effective date of the privatization of NAHCo was August 31, 2005.
“All ex-workers who exited the company prior to the privatization of NAHCO had been fully settled by the company and do not have any outstanding terminal benefits.
“The FGN is not responsible for the period served beyond the effective date of NAHCO privatization and thus all ex-workers and next of kin in this category are not under the purview of PTAD,” Ejikeme said.
Moreover, the statement further explained that the payment is in line with the takeover approval of pension-related matters of some agencies, privatized/liquidated by the Bureau of Public Enterprises in 2017

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