The Pension Transitional Arrangement Directorate (PTAD) has disbursed N3.82 billion in accrued pension arrears to 30,356 Federal Government retirees under the Defined Benefit Scheme.

The Pension Transitional Arrangement Directorate (PTAD) has paid N3.82 billion in pension arrears to 30,356 retirees under the Defined Benefit Scheme, resolving outstanding entitlements after a review.

The Pension Transitional Arrangement Directorate (PTAD) defended its pension policy following protests by Assurance Bank retirees over a N32,000 increment, clarifying that a separate percentage-based review applies.