FG Pays ₦3.82bn Pension Arrears to Over 30,000 Retirees

The Pension Transitional Arrangement Directorate (PTAD) has paid ₦3.82 billion in pension arrears to 30,356 retirees under the Defined Benefit Scheme.

PTAD said the payment followed a review of outstanding pension entitlements, helping to settle arrears owed to the affected retirees.

The development is expected to provide financial relief to retirees who had been waiting for the payment of their outstanding benefits.