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Extraordinary FGTS Withdrawal: 42 million Brazilians will be able to withdraw

The Severance Indemnity Fund aims to protect workers from possible emergency situations or setbacks. It works as a kind of reserve that the employer is obliged to deposit in an account with Caixa Econômica Federal monthly and its value is defined by applying 8% on the salary paid to the employee.

The FGTS can be withdrawn in the event of unfair dismissal or in the event of an agreement between the company and the employee, in addition to In addition, the legislation allows the FGTS to be withdrawn in cases of health emergencies, purchase of real estate or situations specials. However, in the case of the release that starts from April 20th, it is the extraordinary FGTS withdrawal. This is a measure whose main objective is to inject money into the national economy, through consumption, payment of debts and investments.

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Read more: Understand how the FGTS withdrawal works for health reasons.

Who can carry out the extraordinary withdrawal?

Unlike other withdrawals, in which the citizen needs to be fired or have an emergency, this extraordinary situation allows withdrawals to everyone. Including, it will not even be necessary to make a formal request for the money to reach your hands.

In fact, it is enough that you have an active account of the Guarantee Fund for Period of Employment to get the credit, and as with other withdrawals, payment will be made through Caixa Econômica Federal, which will make payments in April 2022. In this case, the month of birth criterion will determine the order of payments. Those born in January will be able to withdraw from April 20th, while those born on other days will need to wait for their date, according to the official calendar.

FGTS extraordinary withdrawal payment schedule

Finally, the Extraordinary Withdrawal is not a mandatory situation, so it will only be a concession from the Federal Government to stimulate the economy. However, if you opt for the redemption to advance any financial issue, pay attention to the calendar:

  • April 20th: Payment for those born in January;
  • April 30th: Payment for those born in February;
  • May 4th: Payment for those born in March;
  • may 11: Payment for those born in April;
  • May 14th: Payment for those born in May;
  • May 18th: Payment for those born in June;
  •  April 21st: Payment for those born in July;
  • April 25: Payment for those born in August;
  • April 28th: Payment for those born in September;
  • June 1st: Payment for those born in October;
  • June 8th: Payment for those born in November;
  • 15th of June: Payment for those born in December.
Reading, English, Math and more activities
Reading, English, Math and more activities
on Aug 05, 2023
Reading, English, Math and more activities
Reading, English, Math and more activities
on Aug 05, 2023
Reading, English, Math and more activities
Reading, English, Math and more activities
on Aug 05, 2023
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