Learn about the

PTAD Payment Process

We are always improving our service to pensioners

Due to complaints about late payments we seek to explain our payment process to all pensioners.

Steps for payment

Guidelines to complete PTAD's Pension Payment process

Step 1

#1

PTAD prepares payroll and sends to the Executive Secretary on or before 15th of every month for approval.

Step 2

#2

After approval, payroll is uploaded unto GIFMIS (payment platform managed by the OAGF) subject to release of funds.

Step 3

#3

Payments are finalized on the GIFMIS platform subject to cash backing from the CBN.

Step 4

#4

CBN releases payment entitlements directly into pensioner’s account.