The Federal Government has begun paying new pension increases, with over 800,000 retirees set to benefit.
PTAD confirmed the September payroll now includes a fixed N32,000 raise plus percentage adjustments.
The Pension Transitional Arrangement Directorate (PTAD) has announced the commencement of pension increments for retirees under the Defined Benefit Scheme (DBS). The new rates are reflected in the September 2025 payroll.
In a statement posted on its official X account, PTAD said the package includes a fixed increase of N32,000 and additional percentage raises of 10.66% and 12.95% for eligible groups. About 832,000 pensioners will benefit from the adjustment.
The development follows President Bola Tinubu’s approval in August of new welfare measures for retirees, after PTAD’s Executive Secretary, Tolulope Odunaiya, requested emergency budgetary support. The reforms cover harmonization of pensions for all DBS retirees, inclusion in the National Health Insurance Scheme, settlement of outstanding liabilities, and the new increment.
According to PTAD, the implementation was made possible by the release of N820.188 billion from the N845 billion emergency fund approved by the Federal Government. “The Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle,” the statement read.
The directorate expressed gratitude to President Tinubu, the Finance Ministry, the Accountant-General, and relevant parliamentary committees for their roles in securing the funds. It also commended organized pension groups, including the Nigeria Union of Pensioners, for their cooperation during the process.
PTAD assured retirees that it would continue to work with authorities to ensure release of the remaining approved funds and fulfilment of future obligations.
The DBS covers workers who retired before the Contributory Pension Scheme was introduced in 2004, including staff of defunct public institutions, privatized agencies, and treasury-funded parastatals. For years, many of them have faced irregular payments and inadequate healthcare, challenges the new reforms are designed to address.
