See Why Some Retirees Are Yet To Receive Security Debarment Allowance – Pension Board
Military Pensions Board (MPB) says the delay in the receipt of payment of Security Debarment Allowance (SDA) by eligible military retirees was due to hitches between the Central Bank of Nigeria (CBN) and disbursing banks.
The Chairman of the board, Rear Adm. Saburi Lawal, made this known in a statement on Wednesday in Abuja.
Lawal said the delay did not emanate from the board but from technical hitches experienced between the CBN and the disbursing banks of the retirees and Next-of-kins (NOK) of deceased pensioners.
He said the Board had, however, assured the retirees that efforts were being made to resolve the observed problems and commence payment.
“It has, however, come to the notice of the board that bank accounts of some of our esteemed pensioners are yet to be credited with their entitlements, especially for those banking with the Unity Bank, Access Bank, Eco Bank, Keystone Bank, and Heritage Bank.
“It is pertinent to clarify that the delay is not caused by the board. It is as a result of some technical hitches experienced in the execution of the MPB’s mandate by the Central Bank of Nigeria (CBN) and the commercial banks earlier mentioned.
“Notwithstanding this development, the board is assuring our esteemed pensioners that the MPB is on top of the situation as efforts are being made to ensure all eligible pensioners get paid as soon as possible.
“Furthermore, the Board is using this medium to request all members of veteran associations to please inform NOKs of deceased pensioners that payment of SDA to eligible deceased military pensioners will commence on Thursday, Jan. 19,” he said.
Lawal also urged the NOKs of eligible deceased military personnel who died after Nov. 9, 2017 to contact their respective banks for their entitlements.
He also advised those whose bank account details were not with the board to formally apply to the Chairman MPB for their entitlements.
“It is pertinent to clarify that the delay is not caused by the board. It is as a result of some technical hitches experienced in the execution of the MPB’s mandate by the Central Bank of Nigeria (CBN) and the commercial banks earlier mentioned.
“Notwithstanding this development, the board is assuring our esteemed pensioners that the MPB is on top of the situation as efforts are being made to ensure all eligible pensioners get paid as soon as possible.
“Furthermore, the Board is using this medium to request all members of veteran associations to please inform NOKs of deceased pensioners that payment of SDA to eligible deceased military pensioners will commence on Thursday, Jan. 19,” he said.
Lawal also urged the NOKs of eligible deceased military personnel who died after Nov. 9, 2017 to contact their respective banks for their entitlements.
He also advised those whose bank account details were not with the board to formally apply to the Chairman MPB for their entitlements.
He said that such applications should be accompanied with a copy of death cert of the deceased pensioner, discharge certificate, retirement letter, an affidavit as to NOK of the deceased.
“Others are means of identification of the NOK such as National Identity Card, Internatiothe nal Passport or Driver’s License, passport photograph of the NOK, and Letter from the bank confirming account details of the NOK.
“In the same vein, all non-pensionable military retirees who retired before Nov. 9, 2017, and are alive are also to apply to the Chairman MPB payment of their SDA entitlements.
“Their applications are to be accompanied by the following documents: Copy of Discharge Certificate/Retir, cement Letter.
“The copy of the Discharge/Retirement ID Card, current passport photograph, and letter from the bank confirming account details of the Retiree,” he added.