Military Pensions Board don announce say dem go pay di eligible military retirees and next-of-kins of deceased pensioners.

July 5, 2023

Military Pensions Board (MPB), Rear Adm. Saburi Lawal, don yan say dem go pay di third tranche of the Security Debarment Allowance (SDA) to military retirees wey eligible and next-of-kins of pensioners wey don die.

Him talk dis one for one statement wey him release yesterday. Him also explain say di payment of di third tranche na di third quarterly payment of SDA for di year 2023, as di board bin promise. According to am, di payment of di third tranche na for military pensioners wey dey active for di board’s data base as of November 9, 2017. E advise all di people wey dis concern to contact their banks make dem collect their entitlements.

Him come explain say dis group bin no dey originally included for di implementation of di reviewed Manual of Financial Administration (MAFA) 2017, as e relate to SDA. SDA dey calculate based on 10% of di retiree’s annual basic salary as at di time wey im retire, multiplied by di number of years wey them serve for di military.

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