The Pension Transitional Arrangement Directorate (PTAD) has kicked off the implementation of recently approved pension increases for retirees under the Defined Benefit Scheme (DBS), with the updated payments to be reflected in the September 2025 payroll cycle.
In an official statement shared on its X handle, PTAD announced that the revised pension package includes a fixed N32,000 increase, in addition to percentage-based adjustments of 10.66% and 12.95% for various categories of eligible pensioners. An estimated 832,000 retirees are expected to benefit from the new structure.
The rollout follows President Bola Ahmed Tinubu’s August approval of a set of welfare measures aimed at improving the livelihoods of DBS pensioners. The reforms were triggered by a request from PTAD’s Executive Secretary, Tolulope Odunaiya, who sought emergency budgetary support to implement long-delayed pension adjustments.
In the statement, PTAD said: “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, 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.”
