General news

PTAD pays 9 months of arrears of pension increases to DBS retirees



PTAD pays 9 months of arrears of pension increases to DBS retirees

By Nana Moussa

The Directorate of the Transitional Pension Scheme (PTAD) paid nine additional months of adjustment arrears following the new 2019 minimum wage increase to defined benefit pensioners (DBS).

PTAD head of corporate communications Mr. Gbenga Ajayi said in a statement issued on behalf of PTAD executive secretary Dr Chioma Ejikeme in Abuja on Tuesday.

He said the nine-month arrears were paid to retirees from the Civil Service Pensions Department and six months of the same arrears to retirees from parastatals, police, customs, immigration and prisons.

“This brings the arrears paid so far to a total of 18 of the 24 months in arrears of the pension increase.

Ajayi said the Ejikeme made the statement in response to retirees’ praise for the payment of arrears.

He said that in May the management implemented the pension adjustment as a result of the 2019 minimum wage increase and started paying the arrears to retirees in operational departments, as reported by President Muhammadu Buhari. .

“Civil service retirees were paid nine months in arrears while retirees from parastatals, police and customs, immigration and prisons were paid 12 months in arrears in May.

“With this payment, each of the retirees of the 4 operational departments would have a balance of six months of arrears to pay,” he said.

According to the executive secretary, the payment was intended to further support DBS retirees, especially during this festive period of this year’s Eid-al-Kabir celebration.

Ejikeme wished all Muslim retirees a happy Eid El Kabir, pledged to continue to support and promote the welfare of the elderly in accordance with the mandate of the leadership. (NAA)

Short Link:


NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @

Recent Posts

Airtel, UNICEF partner to empower Nigerian youth NEDC begins free treatment of 100 VF patients in Borno Ebonyi CJ releases 12 inmates from Afikpo detention center Ganduje renews its commitment to primary health care Sanwo-Olu sworn in to 57 newly elected council presidents End poverty, Okowa urges political candidates Insecurity: Military, other efforts deserve praise – Group CBN stops selling forex to BDCs 70% of adults in the EU have received at least one vaccine PenCom develops automatic pre-retirement verification, registration application Germany awards scholarships to 9 NFI students – Spokesman PenCom begins payment of 2.5% pension differentials – DG Development / Children’s Golf Clinic will serve as the selection process for the Junior Open JO: Osaka says the pressure is “a bit strong” after crashing Pension fund reaches N12.66trn – PenCom Housing: the Minister of Public Works welcomes the driving role of the private sector Commission opens calls for tenders for the transfer of water between basins to Lake Chad Focus on secondary schools will promote grassroots cricket, ex-federation president says Aruna breaks down after her first match at the Tokyo Olympics Law Week: Osinbajo calls for a tech-driven legal system Osinbajo wants justice to embrace technology and innovation Nigeria-Cameroon border bridge will facilitate free trade – Fashola 4 other Bethel Baptist high school students find their freedom Mfum Bridge will strengthen Nigeria’s participation in AfCFTA – Fashola COVID-19: NCDC records 213 new infections, 2 deaths Entrepreneurship, panacea for national unemployment – Ooni Fashola advocates land for infrastructure Minister calls on African countries to focus on science and technology Nigeria to reopen its mission in San Francisco in the United States 2023: Group battery support for Yahaya Bello FG will support the UNICEF GenU – Osinbajo project Fayemi reaffirms its commitment to the unity of the nation and peaceful coexistence GDP: NAEE calls for clarification on 30% of border exploration revenue Mission condemns false publication against diplomatic relations between Ghana and Nigeria Vaccines and digital infrastructure will thrive in Africa – WTO, US Law Week: Osinbajo calls for a tech-driven legal system CVR: new online registrations reach 1 million – INEC Sokoto State records 397 fires in 7 months – Official Agriculture Minister presents tools to cocoa farmers in Ondo FG to poverty reduction through sustainable agriculture Nigeria adopts eco-hydrological solutions to tackle water challenges COVID-19 creates opportunities for innovation – Osinbajo Buhari signs 982.7 billion naira supplementary budget Global private equity assets have reached $ 4.50 billion in 10 years – FMDQ Adamawa registers 774 cases of sexual and gender-based violence, condemns 297 Rugby Africa / Press release WHO Regional Office for Africa / Press release UNICAL VC charges the staff with their dedication to work Rugby Africa / Press release Buhari attends education summit in London and has bilateral talks with Prime Minister Johnson