Nigeria, Dec. 17 -- The National Pension Commission (PenCom) on Tuesday said it has disbursed N577.26 billion to 1,053,000 Retirement Savings Accounts (RSAs), easing long-standing pension arrears under the Contributory Pension Scheme (CPS).

The Head of PenCom's Management Services Department, Usman Musa disclosed this at the 2025 PenCom Media Conference in Abuja.

The payments were made from the N758 billion Federal Government bond approved earlier this year to settle outstanding pension liabilities. PenCom said the funds had reached the RSAs of retirees and active contributors.

"In a whole, the total payout of N577,264,960,890 has already hit the RSAs of either retirees or pension contributors. In total, this has directly impacted 1,05...