The Federal Government has reaffirmed its assurance to clear outstanding pension liabilities as it disbursed N5.12 billion pension arrears to 90,689 Defined Benefit Scheme (DBS) pensioners under the Pension Transitional Arrangement Directorate (PTAD).
This is contained in a statement issued on Monday in Abuja by Mr Olugbenga Ajayi, Head of Corporate Communications at PTAD. He said the directorate had finalised the disbursement of the funds.
Ajayi stated that the 90,689 pensioners across the four pension departments had received payments, reaffirming the directorate’s dedication and commitment to pensioners’ welfare.
Pensioners under the Nigeria Customs Service, the Nigeria Immigration Service and the Prisons Pension Department (CIPPD), numbering 8,626, received N276.032 million for one month arrears. Pensioners under the Police Pension Department (PPD), numbering 9,681, received N619.584 million for two months arrears.
The Civil Service Pension Department (CSPD) pensioners, numbering 12,773, received N408.736 million for one month arrears, while the Parastatals Pension Department (PAPD) pensioners, numbering 59,609, received N3.814.976 billion for two months arrears.
He said the payment reaffirms the administration’s commitment to ensuring that pensioners receive their due entitlements in line with the Renewed Hope Agenda of President Bola Tinubu. (NAN)
