DMD Circular: Re-determination of highest ceiling of investment in Pensioner Sanchayapatra

Department of Money Management Bangladesh Bank Motijheel, Dhaka-1000

Department of Money Management Circular No: DMD/Pension-77/2009-09 Date: 12/10/2009

To, The Chief Executive Scheduled Banks of Bangladesh

Dear Sir, Re-determination of the highest ceiling of investment in Pensioner Sanchayapatra.

The Notification No. Am/Asbi/Sanchay/Es-02/2004/234 dated 04.10.2009 AD/19.06.1416 BS issued by the Government of Bangladesh, Ministry of Finance, Internal Resources Division, Planning Branch, is printed below verbatim for your information and necessary action.

You are requested to acknowledge receipt.

Yours faithfully, A F M Shahinul Islam Deputy Director Phone: 7126101-14/3273

(Copy) (For publication in the next Government Gazette)

Government of Bangladesh Ministry of Finance Internal Resources Division Planning Branch. 04-10-2009 AD No. Am/Asbi/Sanchay/Es-02/2004/234 Date: ------------------ 19-06-1416 BS

NOTIFICATION

In exercise of the powers conferred, the Government re-determines the highest ceiling of investment in Pensioner Sanchayapatra and amends Rule 6 of the Pensioner Sanchayapatra Policy-2004 as follows:

"6. Ceiling: The maximum amount shall be 50 (fifty) lakh Taka, which is the aggregate of gratuity and provident fund received after retirement."

2. This shall come into force immediately.

By order of the President Signed/-04-10-2009 (Dr. Md. Afzal Hossain) Deputy Secretary Phone: 7168026