Military Pension Board implements new pension rates, pays arrears

By Chuks Oyema-Aziken

The Military Pensions Board (MPB) has announced the implementation of newly approved pension rates for military pensioners following adjustments arising from the new National Minimum Wage.

The Board’s Public Relations Officer, Squadron Leader Aliyu Mohammed, disclosed this in a statement issued on Friday, saying the applicable pension arrears had also been processed and would be credited to the accounts of all affected pensioners effective October 2, 2026.

According to Mohammed, the implementation of the new pension rates was part of efforts to ensure that military pensioners benefit from the adjustments associated with the new minimum wage.

He said the Board appreciated the patience, understanding and cooperation demonstrated by military pensioners throughout the implementation process.

The MPB spokesman further assured pensioners that the Board remained committed to the timely payment of pensions and continuous improvement in pension administration.

He said the commitment was in recognition of the “invaluable service and sacrifices” made by Nigeria’s military veterans to the nation.

The Board urged military pensioners to take note of the commencement of the new rates and payment of the applicable arrears.

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