Republic of the Philippines

DEPARTMENT OF EDUCATION
Region V
DIVISION OF CAMARINES SUR
Freedom Sports Complex, San Jose,
Pili, Camarines Sur

TO : ALL RETIREES /

FROM: CECILJLE BERNADETTE P. RIVERA, CESO V ^

SUBJECT: RETIREES TO SECURE SAVINGS ACCOUNT

DATE: APRIL 11,2019

With reference to the above mentioned subject, concerned personnel should open their respective
Savings Account at any Land Bank branch after securing Division Clearance for the purpose of
the following;

1. Former employee Current Account is no longer valid for the deposit of claims, since it is
a requirement for them to deactivate their account;
2. Claims of payments will be automatically deposited to their Savings Account;

Furthermore, opening of Savings Account at any LBP-Branch requires P500.00 initial deposit
and maintaining balance of the same amount.

For your perusal.

Thank you.