More than 10 million workers can withdraw a total of R$ 23 million from the PIS/Pasep, according to Caixa Econômica Federal. The money available is valid for those who had a formal contract until 1988.
Read more: See if you are entitled to the PIS/Pasep bonus of up to R$ 2,420
see more
Confirmed: Samsung really is producing foldable screens for…
China conducts experiments with zebrafish on the space station…
PIS quotas are for workers who at the time were in the private sector. Thus, it is a right of receipt for those who had a formal contract between 1971 and 1988.
According to Caixa Econômica, the amounts have been available for withdrawal since 2019. Despite this, many people still did not go in search of receipt. Many of the workers are unaware that they can withdraw the PIS/Pasep for the year 1988.
In addition, many shareholders died without redeeming the money. Despite this, the heirs can have access to the amount.
In this way, withdrawal from the fund is a right of those who had a formal contract between 1971 and 1988. The deadline to withdraw is June 1, 2025. That is, until then the money is available for withdrawal. After that it goes back to the Union vaults.
Having access to money is very simple. All you need to do is have your Citizen Card and password and seek assistance at a lottery office, Caixa or Caixa Aqui correspondents. The withdrawal amount in these cases must be a maximum of R$ 3 thousand. If you don't have the Citizen Card, you need to go to a Caixa agency, with an official document.
If you have a checking or savings account at Caixa or Banco do Brasil, credit from the PIS/Pasep fund is automatically credited to your account.
In cases of worker death, the heirs can withdraw the money as long as they present the death certificate. To check the balance that has the right to withdraw from the PIS/Pasep fund, just access the FGTS application and check it out.