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(NAR) VOL. 6 NO. 3 / JULY - SEPTEMBER 1995
[ DBM BUDGET CIRCULAR NO. 5-B, July 05, 1995 ]
CLARIFYING AND SUPPLEMENTING FURTHER THE PROVISIONS OF BUDGET CIRCULAR NO. 5, DATED OCTOBER 14, 1994, RELATIVE TO THE GRANT OF YEAR-END BONUS AND CASH GIFT FOR CY 1994
Purpose
This Circular is issued to clarify and supplement further the provisions of Budget Circular No. 5, dated October 14, 1994, relative to the grant of year-end bonus and cash gift for CY 1994.
2.0
Items 3.1 and 3.3 of the said Circular are hereby modified to read as follows:
"3.1 Those who are under preventive suspension in CY 1994 unless exonerated.
3.3 Those who are formally charged in administrative cases and/or meted penalties in CY 1994. Thereafter, they shall be entitled to year-end benefits unless subsequently formally charged and/or meted penalties for another offense. Accordingly, those with pending cases are only disqualified to receive the said benefits during the first year of pendency of the case."
3.0
The following provision is hereby added to the same Circular which shall be known as Item 4.4:
"4.4 Government personnel who were granted the interest-free loan authorized under A) No. 132 and the year-end benefits authorized herein but after the grant of such benefits have been found to be covered under 3.1 and 3.3 hereof shall be made to refund the same within six (6) months from the date of suspension through payroll deduction."
4.0
Items 4.4 and 4.5 of the aforesaid Circular shall hereinafter be known as 4.5 and 4.6, respectively.
Adopted: 5 July 1995
(SGD.) SALVADOR M. ENRIQUEZ, JR.
Secretary