FG begins payment of ₦32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate (PTAD) has announced the commencement of pension payment increments for retirees under the Defined Benefit Scheme (DBS). According to PTAD, the new increments — ₦32,000, 10.66%, and 12.95%, depending on the retiree’s category — will take effect starting from the September 2025 payroll cycle. This development follows President Bola Tinubu’s…
