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FG DISBURSES N5.12N PENSION ARREARS TO 90,680 RETIREES
The Federal Government has released funds for the disbursement of N5.12 billion in pension arrears to 90,689 Defined Benefit Scheme pensioners under the Pension Transitional Arrangement Directorate.
This is contained in a statement issued on Monday in Abuja by the Head of Corporate Communications of PTAD, Mr Olugbenga Ajayi.
Ajayi said that the directorate had finalised the disbursement of the money.
Ajayi said that the 90,689 pensioners across the four pension departments reaffirm their dedication and commitment to pensioners’ welfare.
The Nigeria Customs Service, the Nigeria Immigration Service, and the Prisons Pension Department (CIPPD) pensioners are 8,626 and received N276,032 for one month of arrears; the Police Pension Department pensioners are 9,681 and received N619,584 for two months as arrears.
The Civil Service Pension Department pensioners are 12,773 and received N408,736 for one month arrears, and the Parastatals Pension Department pensioners are 59,609 and received N3,814,976 for two months arrears.
He said that the payment reaffirms the administration’s commitment to ensuring that pensioners receive their due entitlements in line with the Renewed Hope Agenda of President Bola Tinubu.
