NewsMilitary Pensions Board Commences Payment Of Allowance To Retirees

Military Pensions Board Commences Payment Of Allowance To Retirees

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January 05, (THEWILL) – The Military Pensions Board (MPB) has commenced payment of Security Debarment Allowance (SDA), to eligible military retirees/Next of Kins (NOKs) of deceased military personnel.

In a statement issued Thursday, by the board’s Chairman, Rear Admiral Saburi Lawal, explained that the gesture followed the approval given by President Muhammadu Buhari for the payment of the SDA to military retirees, who originally were not covered by November 9, 2017, effective date and, as well as agreement reached, following a tripartite meeting of the Ministry of Defence, Finance and representatives of the Veteran Associations.

Lawal said the payment, which also fulfils the Presidential approval of the provisions of the reviewed Manual of Financial Administration (MAFA) 2017, will commence on Thursday, January 5, 2023.

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According to him, the beneficiaries of the payments are military retirees on the MPB database, who retired before November 9, 2017, deceased military retirees who were alive when the MAFA was signed on 9 November 2017 and non-pensionable retirees who retired before 9 November 2017 but were only paid gratuities.

The SDA, he said, is calculated as a function of 10% of the retiree’s annual basic salary at the time of retirement multiplied by the number of years served in the services.

Rear Admiral Lawal urged all concerned military pensioners and NOKs of deceased military personnel to contact their banks for their entitlements.

The Board on behalf of the military pensioners, thanked the President for his immense support, most especially to military retirees and the NOKs of deceased military personnel.

It appreciated the Minister of Defence, Maj Gen BS Magashi (retd), Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, the Chief of Defence Staff, General Leo Irabor as well as the Service Chiefs for their support and interventions towards ensuring that funds for the arrears of the SDA are appropriated for in the 2023 Appropriation Act and cash-backed for immediate payment.

Rear Admiral Lawal commended the military retirees for their patience and understanding during the process of getting funds for the commencement of payment of the outstanding allowance and pledged that the board will ensure prompt payment of subsequent tranches of the arrears, once funds are made available.

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