The Pension Transitional Arrangement Directorate (PTAD) has announced the commencement of the implementation of ₦32,000, 10.66% and 12.95% pension increment for eligible pensioners in the September 2025 pension payroll cycle.
This is in further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under Defined Benefit Pension Scheme (DBS) that was earlier published by the Directorate.
While this achievement has been made possible through the partial release of ₦20.188 billion, by the Finance Ministry, from the initial ₦45 billion emergency funding approval granted by the Federal Government.
In a accordance with the statement released by the Directorate revealed that this milestone clearly reaffirms the FG’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.
PTAD expressed profound appreciation to the President, Bola Ahmed Tinubu for approving the emergency funding allocation to implement the pension increments.
“Also, other landmark reforms that is certain to enhance the welfare of the beneficiaries and redefine the future of the Defined Benefit Scheme (DBS) pension administration. 
“We also acknowledge the unflinching support of theMinister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Minister of State for Finance, Dr. Doris Uzoka-Anite; the Chief of Staff to the President, Honorable Femi Gbajabiamila.
“Special Adviser to the President on Revenue, Dr Zacch Adedeji; Accountant -General, Mr. Shamseldeen B. Ogunjimi, the Senate Committee on Establishment & Public Service, the House Committee on Pensions, and other Stakeholders too numerous to mention.
“Their commitment, timely interventions, tireless disposition, partnership and coordinated efforts was instrumental in ensuring that this day, when Pensioners under (DBS) begin to enjoy this enhanced pension payment, is realised”. 
The Directorate appreciated leadership of Nigeria Union of Pensioners (NUP) and Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN), for their cooperation.
“Understanding, constructive discussion, collaboration and perseverance” while the Executive Secretary and the PTAD management worked diligently to secure the release of funds.
PTAD assured all its DBS Pensioners and Stakeholders of continuous collaboration towards the outstanding approved funds release and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms.
