Tuesday, August 12, 2025 - The Federal Government has paid ₦5.12 billion in outstanding pension arrears to 90,689 retirees under the Defined Benefit Scheme (DBS), managed by the Pension Transitional Arrangement Directorate (PTAD).
In a
statement issued Monday, August 11 in Abuja, PTAD’s Head of Corporate
Communications, Olugbenga Ajayi, confirmed that the disbursement had been
completed, reaffirming the directorate’s commitment to pensioners’ welfare.
Ajayi noted that the exercise aligns with the Renewed Hope
Agenda of President Bola Tinubu, ensuring that pensioners receive their
entitlements promptly.
The payments were made across the four pension departments:
Customs, Immigration & Prisons Pension Department (CIPPD)
– ₦276.03 million for one month of arrears to 8,626 pensioners.
Police Pension Department (PPD) – ₦619.58 million for two
months of arrears to 9,681 pensioners.
Civil Service Pension Department (CSPD) – ₦408.74 million for
one month of arrears.
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