The Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Ms. Tolulope Odunaiya, has called for improved pensioners’ welfare, especially, those under the Defined Benefit Scheme (DBS).
Ms. Odunaiya made the call in Abuja, when she paid a courtesy visit to the Director General of the Budget Office of the Federation, Mr. Tanimu Yakubu.
According to a statement on Friday by the Head, Corporate Communications, PTAD, Olugbenga Ajayi, the Executive Secretary during the meeting, emphasized the importance of strengthening collaboration between PTAD and the Budget Office to ensure the timely and efficient resolution of pension-related issues.
She expressed concern that the 2025 National Budget does not adequately provide for pension arrears, highlighting the urgent need for intervention and support.
Odunaiya noted that shortfalls in budgetary releases directly affect the well-being of pensioners, many of whom depend solely on their pensions for survival.
As part of her recommendations, she proposed the establishment of a joint committee to address the challenges.
Responding, Mr. Yakubu accepted the proposal and formally constituted the committee, comprising officials from both PTAD and the Budget Office.
The committee was tasked with developing actionable solutions to ensure that pension obligations are met without delay.
