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Home Finance

PTAD Shifts Deduction of Pensioners’ Check-Off Dues to December 2025

Victoria Emeto by Victoria Emeto
October 6, 2025
in Finance
0
PTAD Shifts Deduction of Pensioners’ Check-Off Dues to December 2025

The Pension Transitional Arrangement Directorate (PTAD) has postponed the commencement of its guidelines on the deduction and remittance of check-off dues for pensioners under the Defined Benefit Scheme (DBS) to December 31, 2025.

In a public notice, PTAD explained that the exercise, originally scheduled to start on October 3, 2025, was shifted to give stakeholders more time to familiarise themselves with the provisions.

“This extension will allow stakeholders to fully understand the guidelines and ensure a smooth, transparent, and accountable process for the deduction and remittance of check-off dues,” the Directorate stated.

Under the framework, only pensioners’ unions recognised by the Registrar of Trade Unions will be eligible to receive dues. These include:

  • The Nigeria Union of Pensioners (NUP), which oversees retirees under the Civil Service Pensions Department.
  • The Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN), which covers retirees under the Parastatals Pension Department.

PTAD noted that all deductions will henceforth be remitted directly to these two unions.

The Directorate had earlier convened an interactive session on August 29, 2024, bringing together union executives, representatives of the Ministries of Justice and Labour, and the Registrar of Trade Unions to fine-tune the implementation framework.

Tags: #CheckOffDues#DefinedBenefitScheme#PensionNigeria#PTAD
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