Home Breaking News Military Retirees Get 25% of 24 Months Arrears — MPB Chairman

Military Retirees Get 25% of 24 Months Arrears — MPB Chairman

The chairman, Military Pensions Board (MPB) Rear Admiral Saburi Lawal, has said over 90,000 military retirees have been paid 25 percent of the 24 months arrears of minimum wage increment.

This is aside major generals and above and their equivalents who were exempted from the consequential adjustment.

Lawal, who disclosed this to journalists in Abuja, said the payment was the first out of four installments that would be paid to eligible retirees in 2022.

This followed series of protests by veterans in some states and Abuja demanding for payment of the 24 months arrears and other benefits.

He said the next of kin of deceased pensioners would receive 100 percent of the arrears subject to when they were alive within the period between April 2019 and April 2021.

“The Military Pensions Board (MPB) extends its compliments to our esteemed military retirees and wishes to inform them that the board started paying 25 percent of the arrears of minimum wage increments to eligible military retirees on MPB payroll on Thursday, February 3, 2022.

This payment is the first out of 4 installmental payments that will be made to all pensioners entitled to the arrears of minimum wage increment on pensions,” he said.

Chinweuba Anyaragbuhttps://cdanewsonline.com
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