The Federal Government has disbursed a total of N5.12 billion in pension arrears to 90,689 retirees under the Defined Benefit Scheme, through the Pension Transitional Arrangement Directorate (PTAD).
This was disclosed in a statement issued on Monday by PTAD’s Head of Corporate Communications, Mr. Olugbenga Ajayi, in Abuja.
Ajayi confirmed that the funds have been fully disbursed to eligible pensioners across the four major pension departments. He also reiterated the directorate’s commitment to the welfare of pensioners, aligning with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
Ajayi said that the 90,689 pensioners across the four pension departments reaffirm their dedication and commitment to pensioners’ welfare.
The Nigeria Customs Service, the Nigeria Immigration Service, and the Prisons Pension Department (CIPPD) pensioners are 8,626 and received N276,032 for one month of arrears; the Police Pension Department pensioners are 9,681 and received N619,584 for two months as arrears.
The Civil Service Pension Department pensioners are 12,773 and received N408,736 for one month arrears, and the Parastatals Pension Department pensioners are 59,609 and received N3,814,976 for two months arrears.
He said that the payment reaffirms the administration’s commitment to ensuring that pensioners receive their due entitlements in line with the Renewed Hope Agenda of President Bola Tinubu.
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