According to reports, the Pension Transitional Arrangement Directorate on Wednesday said it would release a total sum of N1.2bn between now and December 15 to offset arrears of pensioners of the Nigeria Police Force.
The Director-General, PTAD, Mrs Sharon Ikeazor, stated this when members of the House of Representatives Committee on Pensions visited the agency.
The committee, headed by Hon. Adamu Shekarau, visited the headquarters of PTAD in Abuja as part of its oversight functions.
She said the payment of the 33 per cent arrears to the police would cover a nine months period and would bring the retired officers at par with some of the other pension department.
About 4,061 police pensioners, who retired under the PTAD arrangement are yet to receive their pensions.
She said, “Adequate arrangement is being made for additional payment of the 33 per cent arrears to bring the police at par with some of the other pensions departments.
“We are doing this in collaboration with all concerned parties and hope to conclude before December 15. The liabilities for police pensioners is about N1.2bn for nine months and we are working to pay them before December 15.”
When asked by the lawmakers what was delaying the planned recruitment of personnel to strengthen the operations of PTAD, the DG said the agency is currently working with the Bureau of Public Service Reforms to carry out a staff audit.
The staff audit, she noted, became imperative in order to determine the quality of manpower to be recruited as well as assist the agency to better place the current personnel in the right positions.
She added that PTAD would continue to address the plight of pensioners who were unjustly removed from the payroll by carrying out verification exercise in the North-East, South-South and South-West geo political zones.