The Pension Transitional Arrangement Directorate (PTAD) says it has begun implementing the new pension increments for retirees under the Defined Benefit Scheme (DBS).
The increments of ₦32,000, 10.66 per cent, and 12.95 per cent will take effect from the September 2025 payroll cycle.
PTAD stated that the move followed President Bola Tinubu’s approval of an emergency budgetary allocation, which was earlier announced in August 2025.
The Directorate confirmed that ₦20.188 billion had been released by the Federal Ministry of Finance from the approved ₦45 billion.
“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,” PTAD said in a statement signed by its Management and posted on its X.
PTAD expressed appreciation to President Tinubu for approving the emergency allocation to implement the pension increments.
