The Federal Government, under the leadership of President Bola Ahmed Tinubu, has exceeded ₦1 trillion in pension payments to retirees enrolled in the Defined Benefit Scheme (DBS).

According to the Pension Transitional Arrangement Directorate (PTAD), more than 200,000 pensioners have benefited from monthly payments made between 2015 and October 2025. The milestone reflects the administration’s commitment to clearing long-standing pension liabilities and improving the welfare of senior citizens.

PTAD confirmed that an average of 212,000 retirees receive their monthly pensions under the scheme. Transparency reforms, including the removal of ghost beneficiaries and strict verification processes, have strengthened the integrity of the system.

The Tinubu administration recently approved a ₦32,000 pension increase for DBS retirees, alongside the settlement of accumulated arrears for various categories of pensioners.

PTAD reiterated its dedication to sustaining timely and accurate pension disbursements as part of the government’s broader social security reforms.