The Pension Transitional Arrangement Directorate (PTAD) has reassured retirees under the Defined Benefit Scheme (DBS) of its commitment to the full implementation of the N32,000 pension increment. Tolulope Odunaiya, the Executive Secretary of PTAD, confirmed on Monday in Abuja that the Directorate is actively collaborating with relevant government agencies to ensure the 2025 pension payments are processed in full, including the arrears once the necessary budgetary provisions are made.
Odunaiya explained that while the January 2025 pension payments did not yet reflect the new increment, the delay was due to the pending budgetary approvals. However, she assured retirees that PTAD is working diligently to ensure that the increment is fully implemented, with any outstanding arrears to be paid as soon as possible.
In spite of the delay in reflecting the new pension rates, PTAD has successfully made substantial progress by distributing four months of arrears (August–November 2024) to retirees under the Civil Service Pension Department (CSPD). Furthermore, retirees from the Customs, Immigration, and Prisons Pension Department (CIPPD), Police Pension Department (PPD), and the University Sector of the Parastatals Pension Department (PaPD) have received five months of arrears (August–December 2024).
PTAD has previously cleared arrears from earlier pension increments, having successfully settled both the 20% and 28% pension increases in full. The agency remains steadfast in its commitment to prioritizing retirees’ welfare and ensuring that their needs are met, as affirmed in a statement signed by Olugbenga Ajayi, the Head of Corporate Communications at PTAD. The Directorate has promised that retirees will continue to be a key focus of their efforts moving forward.
