FG Commences N32,000 Pension Increment Payments to Over 832,000 Retirees
[NigerianEye - Nigeria] - 30/09/2025
The Federal Government has begun disbursing a N32,000 pension increment to approximately 832,000 retirees under the Defined Benefit Scheme (DBS), with the enhanced payments set to reflect in the September 2025 payroll cycle. The Pension Transitional Arrangement Directorate (PTAD), the agency overseeing the transition to a contributory pension system, confirmed the rollout in an official statement shared on its X handle on Tuesday, September 30, 2025.According to PTAD, the new pension structure includes the fixed N32,000 increase alongside percentage adjustments of 10.66% and 12.95% (…)
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