Federal Government Reportedly Postponed Date For Payment of Pension

The federal government has announced a new date for the payment of monthly pension for pensioners in the parastatals under the Ministry of Power and Transportation.

According to Head of Corporate Communications at the Pension Transitional Arrangement Directorate (PTAD), Mr Gbenga Ajayi, revealed in a statement the new plan of the federal government.

Gbenga Ajayi added that earlier dare which was July, was chosen for the commencement of the back-end computation project for pensioners and now has been effectively shifted to August 2023.

“The directorate has announced that the implementation of the new monthly pension derived from there will commence in the August payroll as against July earlier proposed,” he added.

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