Business
PTAD Disburses N55.9B in December Pensions, Clears Arrears
By Angel Ike
The Pension Transitional Arrangement Directorate (PTAD) has successfully disbursed a total sum of ₦55.9 billion as monthly pensions and pension arrears to eligible Pensioners and Next-of-Kins of deceased Pensioners under the Defined Benefits Scheme (DBS) in December, 2025.
This payment according to PTAD covers ₦13,411,400,362.87 as monthly pensions across all operations pension departments, including Diaspora Pensioners, while ₦42,501,348,236.06 was paid as pension arrears.
The arrears payment covers outstanding obligations arising from the ₦32,000.00 pension increment, as well as the 10.66% and 12.95% pension increments, in addition to other accrued pension arrears, gratuity, and death benefits owed to eligible Beneficiaries.
The breakdown of the arrears payment across the pension departments is as follows:
Police Pension Department (PPD): ₦5,881,592.00 paid to 5 Pensioners.
Customs, Immigration and Prisons Pension Department (CIPPD): ₦604,332,733.96 paid to 8,606 Pensioners
Civil Service Pension Department (CSPD): ₦16,362,359,730.91 paid to 71,643 Pensioners
Defunct and Transferred Agencies Department (DTAD):
₦15,066,055,536.83 paid to 24,995 Pensioners
Parastatals Pension Department (PaPD):
₦7,808,635,906.98 paid to 25,718 Pensioners
Tertiary Education and Health Department (TEHD): ₦2,370,854,790.39 paid to 28,245 Pensioners
Gratuity and Death Benefits: ₦289,109,536.99 paid to eligible Next-of-Kin of deceased Pensioners
PTAD said with these payments, arrears resulting from the ₦32,000.00 pension increment have been fully liquidated across all pension departments, except for one month each outstanding for pensioners in the PaPD and TEHD.
Speaking on this payments, the Executive Secretary of PTAD Tolulope Odunaiya, stated that the payments reflect President Bola Tinubu unwavering commitment to the welfare of senior citizens, in line with the administration’s Renewed Hope Agenda.
Odunaiya 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.
