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PTAD Disburses N5.12bm In Pension Arrears To 90,689 DBS Pensioners

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keeping with its assurance to clear outstanding pension liabilities as funds are disbursed by the Federal Government, the Pension Transitional Arrangement Directorate (PTAD) has finalized the disbursement of Five Billion, One Hundred and Nineteen Million, Three Hundred and Twenty-Eight Thousand Naira Only (₦5,119,328,000) to 90,689 pensioners across the four pension departments, reaffirming its continued dedication and unwavering commitment to pensioners welfare.

The breakdown of the payment is as follows:

Department Pensioners Months Paid Amount (₦)

CIPPD             8,626           1 month 276,032,000.00

PPD                     9,681           2 months 619,584,000.00

CSPD             12,773           1 month 408,736,000.00

PAPD             59,609           2 months 3,814,976,000.00

Total             90,689                       ₦5,119,328,000.00

This payment according to PTAD reaffirms the administration’s ongoing commitment to ensuring that pensioners receive their due entitlements in line with the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, GCFR.

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