Though a provision has been made in section 30 sub-section (2) (a) of the Pension Reform Act of 2004 (now amended and replaced in section 42 (1) of the Pension Reform Act 2014), it was not until August 2013 that the Federal Government established PTAD to administer the pension funds of pensioners not transiting to the Defined Contributory Scheme (DCS).This category of pensioners included those in the civil service pension, police pension, the pension/boards of trustees of all federally funded parastatals and customs, immigration and prisons pension.
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