PTAD clears N18.96bn PHCN pensioners arrears
The Pension Transitional Arrangement Directorate (PTAD) has disbursed a total of N18.96 billion to settle outstanding Back-End Computation arrears owed to 3,958 eligible PHCN pensioners under the Defined Benefit Pension Scheme. The latest payment, amounting to N9.476 billion, represents the outstanding 50 per cent balance of the BEC arrears owed to the affected pensioners. In Read More:…
The Pension Transitional Arrangement Directorate (PTAD) has disbursed N18.96 billion to settle outstanding Back-End Computation arrears for 3,958 eligible PHCN pensioners under the Defined Benefit Pension Scheme. The latest payment, N9.476 billion, represents the remaining 50% balance of the BEC arrears owed to the affected pensioners, following an earlier disbursement of N9.482 billion in June 2026.
PTAD Director Tolulope Odunaiya emphasized the commitment of the Federal Government and PTAD to safeguarding the welfare and entitlements of DBS pensioners, highlighting President Bola Ahmed Tinubu's administration's dedication to recognizing and honoring the contributions of Nigeria's senior citizens.
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- PTAD clears N18.96bn PHCN pensioners arrears punchng.com
- PTAD pays N18.96 billion PHCN pension arrears to 3,958 retirees nairametrics.com
