The Federal Government has released funds for the disbursement of N5.12 billion in pension arrears to 90,689 Defined Benefit Scheme pensioners under the Pension Transitional Arrangement Directorat (PTAD).

The Pension Transitional Arrangement Directorate (PTAD), an agency of the Federal Government, has disbursed N8.6bn as arrears of the N32,000 pension increment approved by President Bola Tinubu in 2024.

PTAD Clears Pension Arrears Worth N1.18bn The Pension Transitional Arrangement Directorate (PTSD) has cleared a total of N1.18bn in pension arrears over the past five years, from 2020 to 2024, according to data obtained from BudgIT’s accountability platform, GovSpend, on Sunday. These payments benefitted thousands of...

Public, Private Pension Contributions Rise to N11tn – Report A report on 20 years of pension reforms in Nigeria obtained on Thursday showed that pension contributions from the public and private sectors rose to N11tn in the second quarter of 2024. The Chief Executive Officer of...

An Open Letter to President Tinubu on How Pensions Directorate (PTAD) Is Swindling ASCL Pensioners By Bala Idris When on 29th May 2023 against the advice of the Presidential Transition Council Inaugural Committee, you took to the podium at Eagle Square to audaciously declare an end...

Pensioners Receive N17bn Unfunded Liabilities 30 Years After   The federal government has paid over N17 billion unfunded liabilities to pensioners after 30 years. The payment is a significant part of the outstanding pension liabilities owed to pensioners of defunct agencies on Pension Transitional Arrangement Directorate (PTAD)...