As part of Nigeria’s Defined Benefit Scheme (DBS), the Pension Transitional Arrangement Directorate (PTAD) has paid out 91,146 pensioners a total of N3.9 billion in arrears.
President Bola Ahmed Tinubu GCFR approved a monthly pension augmentation of N32,000 to improve the welfare of pensioners countrywide, and this payment is a part of that.
According to a statement by Olugbenga Ajayi, Head of Corporate Communications, the following pensioners received payments totaling N1.9 billion: 59,865 from the Parastatals Pension Department, 12,976 from the Civil Service Pension Department, 9,689 from the Police Pension Department, 8,616 from the Customs, Immigration, and Prisons Pension Department, and 620 million from the Police Pension Department.
The Federal Government has always pledged to resolve outstanding pension arrears and improve the living conditions of retirees, according to Tolulope A. Odunaiya, the Executive Secretary of PTAD.
Social welfare improvements are a central tenet of President Tinubu’s Renewed Hope Agenda, which this initiative supports.
After the pension reforms of 2014, PTAD was set up to oversee the transitional arrangements for pension payments to Defined Benefit Scheme retirees.
Due to administrative and budgetary issues, DBS pensioners endured years of late payments and accrued arrears.
The government has pledged to continue making regular and sufficient pension payments, and the current release is a big step in paying down pensioners’ legacy debts.
The economic security of pensioners and faith in Nigeria’s pension system are both predicted to be boosted by this change, according to analysts.
The United States government is making larger strides to reform public sector pensions in a sustainable way, increase transparency, and stabilize the pension sector, all of which include the completion of this payment.
In a statement made public on November 14, 2025, PTAD reaffirmed its commitment to protecting the rights of retirees as an element of Nigeria’s continuing program for social development.
About the Author
