The Federal Government has disbursed N5.12 billion to 90,689 Defined Benefit Scheme (DBS) pensioners under the Pension Transitional Arrangement Directorate (PTAD) to clear their outstanding pension liabilities.

The disclosure is contained in a statement on Monday in Abuja by the Head of Corporate Communications of PTAD, Olugbenga Ajayi.

He said that the directorate had finalised the disbursement of the money.

Mr Ajayi said that the payment to 90,689 pensioners across the four pension departments, reaffirmed the PTAD’s dedication and commitment to pensioners welfare.

The Nigeria Customs Service, the Nigeria Immigration Service and Prisons Pension Department (CIPPD) pensioners totalling 8,626, received N276,032, for one-month arrears, the Police, Pension Department (PPD) pensioners amounting to 9,681, received N619,584, for two months as arrears.

The Civil Service Pension Department (CSPD) pensioners totalling 12,773, got N408,736, for one-month arrears, and the Parastatals Pension Department (PAPD) pensioners numbered 59,609, received N3,814,976, for two months arrears.

He further said that the payment reaffirmed the administration’s commitment to ensuring that pensioners received their due entitlements in line with the Renewed Hope Agenda of President Bola Tinubu.

(NAN)