The Pension Transitional Arrangement Directorate (PTAD) has announced the commencement of the recently approved pension increments for retirees under the Defined Benefit Scheme (DBS), with payments taking effect from the September 2025 payroll cycle.
According to PTAD, the adjustment which includes a ₦32,000 flat increment alongside percentage increases of 10.66% and 12.95% — follows President Bola Tinubu’s approval of an emergency budgetary allocation to cushion the impact of rising living costs on pensioners.
The Directorate confirmed that the Federal Ministry of Finance has released ₦20.188 billion from the ₦45 billion approved by the President to begin implementation.
“This milestone clearly reaffirms the Federal Government’s commitment to safeguarding the welfare and entitlements of DBS pensioners in line with the Renewed Hope Agenda,” PTAD stated in an official release signed by its management and posted on X.
PTAD expressed gratitude to President Tinubu for the emergency allocation and acknowledged the contributions of senior government officials, including:
Wale Edun, Minister of Finance and Coordinating Minister of the Economy
Doris Uzoka-Anite, Minister of State for Finance
Femi Gbajabiamila, Chief of Staff to the President
Zacch Adedeji, Special Adviser on Revenue
Shamseldeen Ogunjimi, Accountant-General of the Federation
The Directorate also commended the Nigeria Union of Pensioners (NUP) and the Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) for their patience, cooperation, and constructive engagement throughout the negotiation process.
PTAD assured pensioners that it remains committed to ensuring the release of the outstanding balance of the approved funds.
“We further assure all our DBS pensioners and stakeholders that the Directorate will continue to collaborate with relevant authorities towards the release of the outstanding funds and the fulfilment of all future obligations relating to the pension increments and landmark reforms,” the statement added.
With the first tranche now disbursed, retirees under the Defined Benefit Scheme are expected to begin receiving their enhanced payments this September.
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