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Workers will receive R$ 12.7 billion in FGTS distribution; know more

Last Tuesday, the 25th, the Board of Trustees of the Severance Indemnity Fund (FGTS) announced the distribution of BRL 12.7 billion among those with accounts linked to the fund. This represents the net positive value of the FGTS in 2022.

That is, it is the difference between revenues generated (by credit operations, federal public securities and other securities) and expenses (such as remuneration for linked accounts, management fees, among others).

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At the meeting of the Board of Trustees, the members agreed with the distribution of almost all of the R$ 12.8 billion. Thus, the equivalent of approximately R$ 12.7 billion will be passed on to workers.

As approved in 2017 by the Law No. 13,466/2017, receive the amount who had the account linked to the FGTS until December 31, 2022.

FGTS 2023

The division of amounts will be made proportionally to the balances of each account, thus ensuring that those with greater reserves benefit from a larger share.

To carry out the distribution, Caixa Econômica Federal will be responsible for the operation, with the deadline of August 31 of this year to make payments to workers contemplated.

The main purpose of distributing FGTS results is to increase the profitability of workers' linked accounts. The payment itself is just a transfer that is added to the balance of each holder's linked account.

First of all, it is crucial to highlight that the amount received can only be withdrawn in situations provided for by law, such as in cases of:

  • Termination of the employment contract without just cause;
  • Birthday withdrawal;
  • Retirement;
  • Buying your own home;
  • Other situations stipulated by FGTS rules.

Pay attention to your FGTS balance!

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