Jonathan establishes Pension Transition Arrangement Dept, appoints DG

PRESIDENT Goodluck Jonathan has approved the establishment of a Pension Transition Arrangement Department (PTAD).

He also approved the appointment of Ms. Nellie Mayshak as Director-General of the department.

This was contained in a circular signed by the Head of the Civil Service of the Federation, Alhaji Bukar Goni Aji.

The circular was sent to all Ministries, Departments and Agencies of the Federal Government.

According to Goni, the establishment of the new pension department is in line with Section 30, Sub Section (2a) of the Amended Pension Reform Act, 2004.

He said the new department will take over management of three of the offices currently running the old pension scheme.

A statement by Director of Communications, Tope Ajakaiye, listed the offices as: the Civil Service Pension Department, the Police Pension Office and the Customs, Immigration and Prisons Pension Office (CIPPO).

Nellie is expected to spearhead the smooth transition of the three offices into a single pension administration and management under the supervision of the National Pension Commission (PENCOM).

PENCOM will report to the Office of the Coordinating Minister for the Economy and Minister of Finance for coordination and control.

 

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