The Military Pensions Board has commenced implementation of newly approved pension rates and payment of applicable arrears to military pensioners. The board announced that the new rates followed adjustments arising from the new National Minimum Wage. According to the Military Pensions Board, the revised pension rates have been implemented and the applicable arrears processed for payment. The payments were scheduled to begin reflecting in the bank accounts of affected pensioners from Friday, October 2, 2026. The announcement was contained in a statement issued by the board’s Public Relations Officer, Squadron Leader Aliyu Mohammed. The board did not disclose the total amount of arrears involved or provide specific figures for the new pension rates in the statement. The development is expected to affect military pensioners whose pensions fall under the applicable adjustment. The board also expressed appreciation to military pensioners for their patience during the implementation process. It reaffirmed its commitment to timely pension payments and continued improvements in pension administration. The adjustment follows the broader implementation of changes associated with Nigeria’s new minimum wage framework. Affected pensioners have been advised to monitor their accounts for the applicable payments.
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