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    MarketForces Africa » MarketForces News » PTAD Disburses N55.9bn Monthly Pensions, Outstanding Arrears
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    PTAD Disburses N55.9bn Monthly Pensions, Outstanding Arrears

    Marketforces AfricaBy Marketforces AfricaJanuary 2, 2026No Comments2 Mins Read
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    PTAD Disburses N55.9bn Monthly Pensions, Outstanding Arrears
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    PTAD Disburses N55.9bn Monthly Pensions, Outstanding Arrears

    The Pension Transitional Arrangement Directorate (PTAD) has disbursed a total sum of N55.9 billion as monthly pensions and pension arrears to eligible pensioners

    The Next-of-Kins of (NoK) also received pensions of their deceased family members under the Defined Benefits Scheme (DBS) in December, 2025. This was contained in a statement issued by the Head, Corporate Communications Unit,  PTAD, Mr Olugbenga Ajayi, in Abuja on Friday.

    He said that a total of N13,411,400,362.87 was paid as monthly pensions across all operations pension departments, including Diaspora Pensioners, while N42,501,348,236.06 was paid as pension arrears.

    Ajayi said that the arrears paid covered outstanding obligations of N32,000.00 pension increment, and also the 10.66 per cent as well as 12.95 per cent pension increments. He said that other accrued pension arrears, gratuity, and death benefits owed to eligible beneficiaries were also offset.

    Ajayi gave the breakdown of the payment of arrears across the pension departments as follows: Police Pension Department (PPD) N5,881,592.00 paid to five pensioners while Customs, Immigration and Prisons Pension Department (CIPPD) received N604,332,733.96 for 8,606 pensioners.

    According to him, N16,362,359,730.91 was paid to 71,643 pensioners in the Civil Service Pension Department (CSPD) while N15,066,055,536.83 was paid to 24,995 pensioners in the Defunct and Transferred Agencies Department (DTAD).

    He said that 25,718 pensioners in the Parastatals Pension Department (PaPD) were paid N7,808,635,906.98 while 28,245 pensioners in

    Tertiary Education and Health Department (TEHD) received  N2,370,854,790.39.

    “Also, gratuity and death benefits of N289,109,536.99 were paid to eligible NoK of deceased pensioners,”the PTAD official said.

    Ajayi said that with these payments, arrears resulting from the N32,000 pension increment has been fully liquidated across all pension departments, except for one month each outstanding for pensioners in the PaPD and TEHD.

    Also, the Executive Secretary of PTAD, Tolulope Odunaiya, said that the payments reflected President Bola Tinubu’s unwavering commitment to the welfare of senior citizens, in line with the administration’s Renewed Hope Agenda.

    She reiterated the directorate’s commitment to clearing the remaining one month arrears owed to PaPD and TEHD, while continuing to implement initiatives aimed at improving the welfare and overall well-being of DBS Pensioners. Oando Defies Recent Weakness with Santa Claus Rally

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