President Tinubu Approves Pension Reforms for Defined Benefit Scheme Retirees
President Bola Tinubu has approved key reforms to enhance the welfare of retirees under the Defined Benefit Scheme (DBS). According to PTAD spokesperson Olugbenga Ajayi, the move includes the immediate enforcement of new pension rates through an extra-budgetary allocation and the adoption of a harmonised pension policy to be reflected in the 2026 budget. The…
