The Pension Transitional Arrangement Directorate (PTAD) has commenced the implementation of the ₦32,000, 10.66%, and 12.95% pension increments for eligible pensioners under the Defined Benefit Pension Scheme (DBS) in the September 2025 pension payroll cycle.
This development followed the partial release of ₦20.188 billion from the approved ₦45 billion emergency funding by the Federal Government.
PTAD management in a statement expressed profound appreciation to President Asiwaju Bola Ahmed Tinubu for approving the emergency funding allocation to implement the pension increments as well as other landmark reforms that are certain to enhance the welfare of the beneficiaries and redefine the future of the Defined Benefit Scheme (DBS) pension administration.
The Directorate also acknowledged the unflinching support of the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite; the Chief of Staff to the President, Hon. Femi Gbajabiamila; the Special Adviser to the President on Revenue, Dr. Zacch A. Adedeji; the Accountant-General of the Federation, Mr. Shamseldeen B. Ogunjimi; the Senate Committee on Establishment & Public Service; the House Committee on Pensions; and other stakeholders for their commitment, timely interventions, and coordinated efforts that have been instrumental in ensuring the implementation of the pension increments.
PTAD further appreciated the national leadership of the Nigeria Union of Pensioners (NUP) and the Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) for their cooperation, understanding, constructive discussion, collaboration, and perseverance while the Executive Secretary and Management of PTAD worked diligently to secure the release of funds.
The Directorate assured all DBS pensioners and stakeholders that it will continue to collaborate with the relevant authorities towards the release of the outstanding approved funds and subsequent fulfillment of all future obligations relating to the pension increments and landmark reforms.
This milestone clearly reaffirmed the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS pensioners in line with the Renewed Hope Agenda.
