distribution FGTS profit Fundo de Garantia do Tempo de Serviço is an annual operation that aims to protect the funds of its employees inflation🇧🇷 Every year, the fund’s board of trustees decides what percentage will be divided among the shareholders.
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To receive it, the worker must have a balance in the linked accounts on December 31 of the previous year. Even if resources are recovered after that date, the right to profit will be retained.
However, the FGTS withdrawal It must have been carried out lawfully, within one of the methods prescribed by the Rules. In addition to cases of unfair dismissal, withdrawal is available in cases such as:
- Christmas withdrawal
- buy your own home;
- to complete the payment of property acquired through a consortium;
- Completing the payment of property acquired through financing by the housing financial system;
- a worker or dependents living with HIV or cancer;
- a worker or dependents who are terminally ill due to a serious illness;
- An independent worker, employed through a class entity, who is suspended from work for more than 90 days;
- termination due to the termination of a fixed-term contract;
- termination by agreement between the employee and the employer;
- termination due to retirement;
- due to natural disasters.
- Among other things.
FGTS earnings in 2023
In 2022, R$13.2 billion was distributed to more than 190 million accounts on behalf of 107 million people. The operation has been performed before Caixa Economica Federal At the end of July.
Resources are deposited into all FGTS accounts held by contributors, whether they are active (the worker’s current job) or inactive (previous jobs).
Next year, the payment date is set for August 31. As mentioned, the worker needs to have a balance in the account by December 31, 2022 to receive FGTS earnings in 2023.
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.