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FEDERAL RESERVE BOARD

525

WASHINGTON
address official correspondence t o

thefederalreserveb

°a r d

July 7, 1933

3-907
SUBJECT:

Change in instructions re personnel
c l a s s i f i c a t i o n plans.

Dear Sir:
In view of e x i s t i n g conditions, the Federal Reserve Board,
in accordance with a suggestion received from one of the Federal
reserve fcfjiks, has amended paragraph 5 of the instructions governing the operation of the personnel c l a s s i f i c a t i o n plans of the
Federal reserve banks so as to increase from three to s i x months
the period for which, without the approve! of the Board, an employee
may "bo temporarily assigned without a reduction in salary to a
p o s i t i o n calling: for a lower maximum salary then he i s r e c e i v i n g .
Very truly yours,

Chester Morrill,
Secretary.

T ALL FEDERAL RESERVE AGENTS*
O