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PTAD officials finalizing pension disbursements to 148,625 retirees across Police, Civil Service, Parastatals, and Immigration departments.

Economy

PTAD Pays ₦8.6bn Arrears to 148,000 DBS Pensioners

By Oluwakemi Kindness The Pension Transitional Arrangement Directorate (PTAD) has finalized the payment of another instalment of pension arrears arising from the ₦32,000 increment approved by President Bola Tinubu, in 2024. The latest instalment, which totals ₦8.6 billion, covers all 148,625 eligible Defined Benefit Scheme (DBS) pensioners across the Police, Civil Service, Parastatals, as well as the Customs, Immigrations and Prisons Pensions Departments of the Directorate. According to a statement […]

todayJune 18, 2025 7 2

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