{
  "id": 886325,
  "title": "PTAD pays N3.82bn pension arrears to 30,356 retirees",
  "url": "https://urgent.news/2026/08/14/ptad-pays-n3-82bn-pension-arrears-to-30-356-retirees-886325",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-14T16:23:45.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/ptad-pays-n3-82bn-pension-arrears-to-30356-retirees/"
  },
  "original_language": "en",
  "account": "The Pension Transitional Arrangement Directorate (PTAD) has paid N3.82 billion in overdue pension benefits to 30,356 retirees under the Defined Benefit Scheme, according to a statement from the Directorate's Head of Corporate Communications, Olugbenga Ajayi. The payment, which covered pensioners from three departments of the Directorate, was made following a \"Back-End Computation Review Exercise\" designed to resolve complaints about pension calculations and unpaid benefits. Olugbenga Ajayi expressed the Directorate's commitment to addressing pension-related issues and improving the welfare of retirees under the Defined Benefit Scheme, reaffirming the Administration of President Bola Tinubu's dedication to strengthening pension administration.",
  "summary": "PTAD has disbursed N3.82bn in pension arrears to 30,356 retirees under the Defined Benefit Scheme, resolving outstanding entitlements after a review. Read More: https://punchng.com/ptad-pays-n3-82bn-pension-arrears-to-30356-retirees/",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "PTAD pays N3.82bn pension arrears to 30,356 retirees",
        "url": "https://urgent.news/2026/08/14/ptad-pays-n3-82bn-pension-arrears-to-30-356-retirees",
        "published": "2026-08-14T16:00:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}