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FG To Review Military Pensions

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The Military Pensions Board (MPB) has confirmed the federal government’s approval of the harmonisation of the military pension scheme.

The confirmation was made in a statement issued by the spokesman of the board, Flt.-Lt Ikenna Ezendu, who said that the harmonisation took effect from August 2016.

He said the decision was part of efforts to bridge the gap in pensions between certain ranks of pensioners who retired before and after consolidation of salaries in July 2010.

He said the MPB, in conjunction with the National Salary, Income and Wages Commission (NSIWC), were working to ensure that the approved table by the federal government was applied during implementation.

Ezendu, however, advised pensioners and other stakeholders to disregard unofficial figures being circulated on the harmonisation of military pensions.

He said the figures published in some online media on the harmonised pension were wrong and should not be relied upon by pensioners across the country.

“The mostly affected rank brackets for harmonisation are private to sergeant as well as brigadier-general and above.

“Therefore, pensioners should endeavour to find out the actual gap in pension between these two categories of pensioners to avoid speculation,’’ he said.

Ezendu added that the Pension Review Committee, coordinated by the Chief of Defence Staff, was working on a general review of military pension for all retirees.

The News Agency of Nigeria (NAN) recalls that the gaps that existed followed the consolidation of salaries by the federal government in 2010.

NAN also reports that the present management of the board has introduced reforms to streamline the administration of military pensions in Nigeria.

The highpoint of the pension reforms include the digitisation of payment and verification of pensioners.

The federal government had, in March 2015, approved the payment of 33 per cent arrears of three years military pensioners, instead of the original 53 per cent.

 

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