retirees – InfoStride News

PTAD’s Monthly Pension Disbursement to Retirees Rises to N1tn

Temitope Nlewemchi — Fri, 05 Dec 2025 13:37:48 +0000

The Pension Transitional Arrangement Directorate (PTAD) has recorded a significant surge in its monthly pension expenditure, with payments to federal retirees now reaching an estimated N1 trillion. This development reflects the increasing financial commitments required to sustain pension obligations under the Defined Benefit Scheme (DBS), as well as efforts made by the Federal Government to [...]

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Pension Commission Confirms Over 844,000 Retirees Now Accessing Benefits

Temitope Nlewemchi — Fri, 03 Oct 2025 16:08:04 +0000

The National Pension Commission (PenCom) has disclosed that more than 844,000 retirees across Nigeria are currently receiving retirement benefits under the Contributory Pension Scheme (CPS). According to the Commission, the figure represents both those who receive monthly pensions and others who have collected their lump-sum entitlements. This marks a significant milestone for the nation’s pension [...]

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PTAD Commences Rollout of Pension Increases for Retirees

Temitope Nlewemchi — Wed, 01 Oct 2025 14:22:43 +0000

The Pension Transitional Arrangement Directorate (PTAD) has officially begun the implementation of long-awaited pension increments for federal retirees, bringing relief to thousands of senior citizens who have been anticipating adjustments in their monthly stipends. The move follows months of preparation and consultations between PTAD, the National Salaries, Incomes and Wages Commission, and the Federal Government [...]

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FG Releases ₦5.12bn to Clear Pension Arrears for Over 90,000 Retirees

Temitope Nlewemchi — Tue, 12 Aug 2025 13:39:14 +0000

The Federal Government has announced the disbursement of ₦5.12 billion to settle pension arrears owed to 90,689 retirees under the Defined Benefit Scheme (DBS), marking a significant step towards fulfilling long-standing obligations to senior citizens who served the nation before the introduction of the Contributory Pension Scheme in 2004. The payment, coordinated by the Pension [...]

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Lagos State Disburses Over N63 Billion in Pension Benefits to Retirees

Temitope Nlewemchi — Sun, 26 May 2024 00:08:12 +0000

The Lagos State Government has announced the disbursement of over N63 billion in pension benefits to 19,814 retirees over the past five years. This was revealed by the Lagos State Commissioner for Establishments and Training, Mr. Afolabi Ayantayo, during the Y2024 Press Briefing at the Bagauda Kaltho Press Centre, Alausa, commemorating the first year of [...]

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Military Retirees Can Still Do A Lot For Nigeria – Gen. Abayomi Olonisakin

David Folami — Thu, 10 Oct 2019 17:09:45 +0000

The Chief of Defence Staff (CDS), Gen. Abayomi Olonisakin has said that military veterans can still do a lot to boost national security and development. According to Gen. Abayomi, the retirees still have a vital role to play to “checkmate various divisive tendencies that constantly threaten” Nigeria’s corporate existence. Olonisakin who said this at the [...]

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FG Retirees Stage Protest

David Folami — Fri, 17 Mar 2017 12:02:22 +0000

Federal public servants who retired since January 2016 on Thursday staged a protest at the Federal Ministry of Finance in Abuja over their unpaid pensions to the tune of N200 billion. The retirees under the auspices of the League of Federal Service Contributory Pension Retirees, led by the Coordinator, Mr Chike Ogbechie said that workers [...]

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Bauchi State Owes Retirees N15B Gratuity – Hashimu Gital

David Folami — Sun, 26 Feb 2017 19:48:35 +0000

Hashimu Gital, Chairman, Bauchi State Council of the NLC, said that the state government owed retirees N15 billion in accumulated gratuity. Gital said this in an interview with the News Agency of Nigeria (NAN) in Bauchi on Sunday. “The problem here is the accumulated gratuity amounting to almost N15 billion. “We have achieved that of [...]

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Salaries: Stop Shortchanging Osun State Workers And Retirees, CSCEOS Warns Governor Aregbesola

Ade Adewale — Thu, 22 Dec 2016 19:54:12 +0000

…says Osun has enough funds to pay full 4months salaries, pensions A civil rights group, Civil Societies Coalition for the Emancipation of Osun State (CSCEOS) has warned Mr. Rauf Aregbesola led State government against shortchanging the workers and retirees alike from the payment of salaries and pension arrears upon receipt of a sum of N11,744,237,793.56 [...]

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Buhari Orders Immediate Resolution To Retirement Benefits’ Issues | #News

Wale Adebayo — Wed, 02 Sep 2015 19:30:46 +0000

President Muhammadu Buhari on Wednesday intervened in the problems preventing some retirees from accessing their retirement benefits. He directed the Pensions Commission (PENCOM) to urgently look into such complaints. The Director General of PENCOM, Dr. Chinelo Anohu-Amazu, made the disclosure while speaking with State House correspondents after briefing President Buhari on the affairs of the [...]

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