Federal Gov’t Pays N5.12bn Pension Arrears To 90,689 Retirees

The Federal Government has paid the sum of N5.12 billion in pension arrears to 90,689 retirees under the Defined Benefit Scheme (DBS), the Pension Transitional Arrangement Directorate (PTAD), has confirmed. PTAD’s Head of Corporate Communications, Olugbenga Ajayi disclosed this in a statement on Monday in Abuja, saying the payment covered arrears across the four pension

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