From Rose Ejembi, Makurdi
The Military Pensions Board (MPB) on Thursday, commenced payment of the third tranche of 25 percent of the 24 months arrears of National Minimum Wage increments on pensions to eligible military retirees.
According to a statement signed by the MPB Chairman, Rear Admiral Saburi Lawal and made available to newsmen, the third installment is being paid to eligible military retirees who are active on the Board’s data base.
The statement added that the payment is in fulfillment of the agreement reached between the Board and the Federal Ministry of Finance, Budget and National Plaining (FMoFBNP) for quarterly release of the appropriated sum this year.
“It is also necessary to inform that all Next of Kin (NOKs) of deceased military pensioners who are entitled to these same arrears have been fully paid. All concerned military pensioners are therefore advised to contact their banks for their entitlements.”
Lawal commended President Muhammadu Buhari for his immense support to the Board and military retirees and also thanked the Minister of Defence, Maj Gen Bashir Magashi (Rtd), the Chief of Defence Staff, Gen Lucky Irabor as well as the Service Chiefs for their constant support to the Board towards achieving its constitutional mandates.
The Board also appreciated military retirees for their patience, understanding and continued support even as it pledged to ensure the payment of the Fourth and final tranche of the 24 months arrears of increments on pensions as a result of the new National Minimum Wage before the end of the year.