Breaking News

PTAD: Robust Pension Arrangement is Solution to Corrupt Practices in Civil Service

The Pension Transitional Arrangement Directorate (PTAD), has said that robust pension arrangement is the solution to corrupt practices in the civil service.

PTAD Director Civil Service pension, Mr. Sulayman Shelleng stated these while speaking at the one-day capacity building training for pension journalists in Lagos.

The directorate, he added, did not operate any commercial account but operated the government recommended Treasury Single Account in payment of their monthly pension benefits.

PTAD said this being the case; pensioners under the Defined Pension Benefit Scheme, which it manages should not entertain any fear of anybody delaying their pension benefit by paying such into any accounts for personal interest.
He said PTAD was doing everything within its reach to ensure good welfare package for every pensioner under its administration.

He said the Directorate was aware of the fact that sharp practices in the civil service in the past many years were encouraged by the terrible condition which retired civil servants got into shortly after their active service mainly because of failure to arrange befitting pension package for them.

He said as a result, when those still in active service saw such poor condition of their predecessors shortly after active service, they were tempted to steal public fund to make personal arrangement for their retirement.

According to him, if there was adequate pension arrangement in place and old age poverty was eradicated through pension package and a retired civil servant looked healthy and well cared for, it would give confidence to the workers still in active service that there would be great hope for them at retirement therefore no need stealing public fund.

About Editor

Check Also

Olusegun Awolowo pays farewell visits to Osinbajo and Adebayo

The Secretary, National Action Committee on African Continental Free Trade Area (AfCFTA),Olusegun Awolowo on Friday …

Leave a Reply