Federal Government Begins Payment of ₦32,000 Pension Increment to Retirees — PTAD

The Federal Government has commenced implementation of a new pension increment for retirees under the Defined Benefit Scheme (DBS), introducing a flat additional ₦32,000 to pensions, along with percentage increases of 10.66% and 12.95% for different categories. 

According to a statement by the Pension Transitional Arrangement Directorate (PTAD), the adjustment is expected to be included in the September 2025 pension payroll.  PTAD noted that this will benefit about 832,000 retirees under the DBS system. 

The announcement follows the partial release of ₦20.188 billion from an emergency fund allocated by the federal government for pension reforms.  President Bola Tinubu had earlier approved the measure to cushion the effects of inflation and improve retirees’ welfare.

PTAD expressed gratitude to the Ministry of Finance and other stakeholders for facilitating the release of funds that make this adjustment possible. 

While many retirees are celebrating the development, some observers caution that consistent funding and timely disbursement will be the true test of this policy’s impact.