The Military Pensions Board (MPB) has announced the payment of third tranche of
the Security Debarment Allowance (SDA) to eligible military retirees and next-of-
kins of deceased pensioners.
Its Chairman, Rear Adm. Saburi Lawal, in a statement yesterday said payment of
the third tranche, represented the third quarterly payment of the SDA for the year
2023, in fulfillment of the pledge made by the board
According to him, payment of the third tranche was to the military pensioners who
were active on the board’s data base, as at Nov. 9, 2017, and all concerned are
advised to contact their banks for their entitlements.
He explained that the group were originally excluded from implementation of the
reviewed Manual of Financial Administration (MAFA) 2017, as it relates to the SDA,
which is calculated as a function of 10% of the retiree’s annual basic salary as at the
time of retirement, multiplied by the number of years in the service