Harassment of Jibon Bima pension holders

By Dr. Abdul Hye Nizam Dhanmandi, Dhaka
17 October 2005, 18:00 PM
I would like to bring to your attention that the Jibon Bima Corporation is harassing its pension policyholders. In their pension policy it has been guaranteed that a pension holder or his/her nominee is supposed to get the promised amount of pension every month on its maturity after ten years, even in the event of death of the pension holder. However, on maturity of my pension policy, the dealing assistant asked me to appear at their office every month to collect the pension. This remark of his is a clear violation of the Pension Act 1938.

I would like to take this opportunity to bring the matter to the notice of the authorities of Jibon Bima Corporation. Please don't harass pension holders unnecessarily. Make arrangements to have the pensions of policyholders to be paid every month directly into their bank accounts.