Military Pensions Board Updates Pension Rates for Veterans

The Military Pensions Board (MPB) has announced the implementation of newly approved pension rates for military pensioners, effective October 2, 2026. This adjustment follows changes arising from the new National Minimum Wage.

Squadron Leader Aliyu Mohammed, the Board’s Public Relations Officer, stated that the applicable pension arrears have been processed and will be credited to the accounts of all affected pensioners. The MPB emphasized that this implementation is part of its efforts to ensure military pensioners benefit from the adjustments associated with the new minimum wage.

The Board expressed appreciation for the patience and cooperation shown by military pensioners during this process. Furthermore, the MPB reassured pensioners of its commitment to timely pension payments and continuous improvements in pension administration, recognizing the invaluable service and sacrifices made by Nigeria’s military veterans.