The Termination Compensation Fund (FGTS) is a right for workers who perform their duties under a formal contract, regardless of their field of activity. It is guaranteed by the CLT and runs as a savings to the worker. The contracting company must transfer 8% of the salary amount per month.
Read more: Swipe FGTS: 15 Ways to Get Money in 2023
Some workers are still entitled he won from FGTS. All filings are made until August of the following year, i.e. the 2022 earnings must be filed until August 2023, as determined by the court. In this way, the funds must be distributed annually until August 31, according to Law No. 13446/2017.
FGTS: Amount distributed in 2022
On December 31, 2021, 106.7 million professionals with a positive balance in their accounts had access to transfer the respective amount. In short, the payment accounted for 99% of the available profit in the guarantee fund. It should be noted that the return on the fund is fixed at 3% annually.
The distribution percentage is 0.02748761 on the account balance.
In this way, the file Workers Those who had an amount of R$100 in their accounts got a profit of R$2.75 for the transfer. Those who had one thousand reals earned R$27.49. It is worth noting that the amount of profit will depend on the amount available in the account for each worker’s fund.
Therefore, these additional funds can be consulted through the excerpt in the FGTS app and on the Caixa website. For bank customers, it is also possible to verify values through the institution’s online banking services.
Where does FGTS earnings come from?
The values indicated by FGTS were administered Caixa Economica Federal🇧🇷
While the factor does not withdraw the balance, the bank invests in credit operations in strategic branches within the public sector. Thus, the worker’s money is transferred by the foundation, to finance housing, basic sanitation, among others.
Therefore, profit is total Value Available in the fund, multiplied by the interest and income of the account. The amount accumulated by the accounts is divided annually with the workers in charge of the accounts.
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.