Life Insurance Corporation of India
Pension, anuuity payments

Annuity no.071M0812032528. The rate of interest for the annuity monthly interest payment was decided by LIC at less than 7% based on the existing interest regime in 2002 when I retired. It was not even basd on the average of previuos 5 years' average. Now throughout my life, I suffer by getting annuity payments based on such a low rate calculated without any reasonabe logic. Written complaint to LIC has not resulted in any justice.

Company: Life Insurance Corporation of India
Country: India

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