The Military Pensions Board (MPB) has commenced payment of 24 months arrears of minimum wage increment to over 90,000 eligible military pensioners across the country.
The Chairman of the board, Rear Adm. Saburi Lawal, who disclosed this while briefing newsmen on Friday in Abuja, said that the payment started on Thursday.
Lawal said that the board had commenced with 25 per cent of the outstanding sum to individual pensioners, adding that the payment was scheduled to be made in four instalments on a quarterly basis.
The chairman said that while the first 25 per cent would be paid in February, the second would be paid in April, the third in July and the fourth and last would be paid in October.
He also said that the Next-of-Kin (NOKs) of deceased pensioners, who were still alive as of April 2019, when the approval for consequential adjustment, was given by President Muhammadu Bihari, had also been paid.
According to him, all the pensioners who died between April 2019 and April 2021…
Source: Guardian Newspaper
