Military Pensions Board pays 2nd tranche of 25 months arrears of Minimum Wage increment to retired ex-soldiers/pensioners

The Military Pensions Board (MPB) has completed the payment of the second tranche of 25 per cent of the arrears of minimum wage increments to eligible military retirees which commenced on Friday 6 May 2022 with the conclusion of the exercise on Tuesday 10 May 2022.

In the regard, the Military Pensions Board has fulfilled the commitment it made to thousands of ex-soldiers and officers whom it promised the arrears will be paid as soon funds for the payments were released.

Chairman, Military Pensions Board, Rear Admiral Saburi Abayomi Lawal who confirmed the payment in Abuja in a statement he personally signed, said, “The payments were made to the various bank accounts of pensioners on the MPB payroll. Consequently, all eligible military pensioners are advised to contact their banks for their entitlements.

Recall that the payment of the first tranche of the payment of arrears of the minimum wage increment was made in February this year and over 90, 000 retired military pensioners who are alive and active were paid 25 per cent of the arrears of salary increment.