PTAD dropped nearly fifty-six billion naira on pension payments last month. The December payout covered monthly pensions and long-overdue arrears. This Defined Benefits Scheme disbursement went to retirees and deceased workers' families. Over thirteen billion covered regular monthly pension checks across all departments.
Another forty two billion plus settled various pension arrears. These back payments included a specific thirty-two thousand naira increment. They also covered percentage increases of ten point sixty six and twelve point ninety five. Additional owed gratuity and death benefits were part of the total.
Payments broke down across several pension departments. The Police Pension Department sent funds to five pensioners. Over six hundred million went to customs, immigration, and prison retirees. The civil service department paid over sixteen billion to thousands.
Defunct agencies received more than fifteen billion naira. Parastatals got nearly seven point eight billion for their pensioners. The tertiary education and health department paid out over two billion. Death benefits and gratuities added another two hundred eighty-nine million.
This massive payment fully cleared the thirty-two thousand naira increment arrears for most. Only two departments have a single month remaining outstanding now. PTAD's Executive Secretary, Tolulope Odunaiya, commented on the action. She linked the payments to the president's welfare commitments for seniors.
Odunaiya reaffirmed the directorate's dedication to clearing the last arrears. She stated that ongoing initiatives aim to improve retiree well-being. The effort aligns with the administration's broader social agenda. The goal remains supporting pensioners' welfare through systematic payments.
Another forty two billion plus settled various pension arrears. These back payments included a specific thirty-two thousand naira increment. They also covered percentage increases of ten point sixty six and twelve point ninety five. Additional owed gratuity and death benefits were part of the total.
Payments broke down across several pension departments. The Police Pension Department sent funds to five pensioners. Over six hundred million went to customs, immigration, and prison retirees. The civil service department paid over sixteen billion to thousands.
Defunct agencies received more than fifteen billion naira. Parastatals got nearly seven point eight billion for their pensioners. The tertiary education and health department paid out over two billion. Death benefits and gratuities added another two hundred eighty-nine million.
This massive payment fully cleared the thirty-two thousand naira increment arrears for most. Only two departments have a single month remaining outstanding now. PTAD's Executive Secretary, Tolulope Odunaiya, commented on the action. She linked the payments to the president's welfare commitments for seniors.
Odunaiya reaffirmed the directorate's dedication to clearing the last arrears. She stated that ongoing initiatives aim to improve retiree well-being. The effort aligns with the administration's broader social agenda. The goal remains supporting pensioners' welfare through systematic payments.
