The Pension Transitional Arrangement Directorate (PTAD) has commenced the implementation of the ₦32,000 minimum pension and the 10.66% and 12.95% increment rates for eligible pensioners under the Defined Benefit Scheme (DBS) in the September 2025 payroll cycle.
This follows the approval by President Bola Ahmed Tinubu of an emergency budgetary allocation for the new pension increases, earlier announced by the Directorate on Friday, August 8, 2025.
According to a statement issued by PTAD, the implementation was made possible through the partial release of ₦20.188 billion by the Federal Ministry of Finance from the ₦45 billion emergency funding approved by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS pensioners, in line with the Renewed Hope Agenda,” the statement read.
PTAD expressed its appreciation to President Tinubu for his approval of the emergency funding, stating that the implementation of the new rates and other key reforms would enhance the welfare of pensioners and improve the future of DBS pension administration.
The Directorate also acknowledged the support of several government officials and institutions, including the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Minister of State for Finance, Dr. Doris Uzoka-Anite; Chief of Staff to the President, Hon. Femi Gbajabiamila; Special Adviser to the President on Revenue, Dr. Zacch Adedeji; Accountant-General of the Federation, Shamseldeen B. Ogunjimi; the Senate Committee on Establishment & Public Service; the House Committee on Pensions; and other key stakeholders.
“Their commitment, timely interventions, and coordinated efforts were instrumental in ensuring that this day when DBS pensioners begin to receive the enhanced pension payments has become a reality,” PTAD stated.
The Directorate also commended the national leadership of the Nigeria Union of Pensioners (NUP) and the Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) for their collaboration, patience, and constructive engagement throughout the process.
PTAD assured all DBS pensioners and stakeholders of its continued collaboration with relevant authorities to ensure the release of the remaining approved funds and the fulfilment of future obligations relating to pension increments and ongoing reforms.
