FG clears pension arrears for 90,689 pensioners, disburses N5.12bn

The federal government has disbursed N5.12 billion to 90,689 defined benefit scheme (DBS) pensioners under the Pension Transitional Arrangement Directorate (PTAD) to clear their outstanding pension liabilities.
In a statement on Monday, Olugbenga Ajayi, head of corporate communications of PPTAD, saidt the payment of the arrears across the four pension departments reaffirmed the directorate’s dedication and commitment to pensioners’ welfare.
According to him, the Nigeria Customs Service, the Nigeria Immigration Service and prisons pension department (CIPPD) pensioners, totalling 8,626, received N276,032 for one-month arrears.
He said the police, pension department (PPD) pensioners, amounting to 9,681, received N619,584 for two months as arrears.
The civil service pension department (CSPD) pensioners, totalling 12,773, got N408,736, for one-month arrears, and the parastatals pension department (PAPD) pensioners numbered 59,609, received N3,814,976, for two months arrears.
He further said that the payment reaffirmed the administration’s commitment to ensuring that pensioners received their due entitlements in line with the renewed hope agenda of President Bola Tinubu.



