News

PTAD Pays Over N1bn To 776 Deceased Pensioners' Next Of Kin | National Record

April 10, 2025

news item

The Pension Transitional Arrangement Directorate (PTAD) has paid over N1.644 billion to 776 verified and eligible Next of Kin (NoK) of deceased pensioners under the Defined Benefit Scheme (DBS).

This was disclosed in a statement issued by PTAD Head of Corporate Communications, Mr. Olugbenga Ajayi, in Abuja on Wednesday.

According to Ajayi, the beneficiaries are from the civil service, police, parastatals, customs, immigration, and prisons pension departments.

He explained that 629 NoK under the parastatals pension department received N1.481 billion, while 103 NoK from the civil service pension department were paid N101.14 million.

Additionally, 43 NoK of police pensioners received N58.95 million, and 1 NoK under the customs, immigration, and prisons pension department got N2.431 million.

Odunaiya noted that PTAD is working diligently to clear the backlog of pension liabilities, describing the disbursement as a significant step in that direction.

According to her, the payments are expected to bring comfort to the beneficiaries, and PTAD is proud to have played a role in positively impacting their lives.