By Chidi Ugwu
The Pension Transitional Arrangement Directorate (PTAD) has begun implementing pension increments of ₦32,000, 10.66%, and 12.95% for eligible pensioners under the Defined Benefit Pension Scheme (DBS) in the September 2025 payroll cycle.
A statement from the management stated that the move follows the partial release of ₦20.188 billion from the ₦45 billion emergency budget approved by the Federal Government.
The partial funding release was made possible by the Federal Ministry of Finance, enabling PTAD to start payments after the President’s authorization of the emergency budget allocation.
This move reaffirms the government’s commitment to improving the welfare of DBS pensioners as part of its Renewed Hope Agenda.
PTAD expressed gratitude to President Bola Ahmed Tinubu for approving the funds and recognized the critical support from the Ministers of Finance and State for Finance, the Chief of Staff to the President, relevant Senate and House committees, and other key stakeholders.
The Directorate also acknowledged the cooperation of the Nigeria Union of Pensioners (NUP) and the Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN), which was vital in securing the fund release.
PTAD assured pensioners that efforts will continue to secure the release of the remaining funds and to meet all future obligations arising from the incremental pension payments and associated reforms.
The Directorate views these measures as landmark reforms that will enhance DBS pension administration and the long-term welfare of pensioners.
