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FGTS Salary Bonus and PIS / Pasep 2021: Find out who can withdraw benefits

FGTS Salary Bonus and PIS / Pasep 2021: Find out who can withdraw benefits

Workers who have not yet withdrawn the allowance PIS / Pasep Base year 2019, until June 30th to implement the redemption process. If the procedure is not carried out, the benefit will return to the public coffers.

The 2020 base year batch will only be released in 2022. This decision was made by joint agreement of workers, businesses and government, unanimously during the Codefat (Workers Support Fund Consultative Board) meeting.

Who is entitled to the salary premium?

  • A worker registered in PIS/Pasep for at least 5 years;
  • The worker who earned, on average, a minimum wage, in the base year 2019;
  • Those who worked with the registry in the wallet for at least 30 days (consecutive or intermittent) in 2019;
  • The data was duly reported by the employer in the 2019 Annual Social Information Report (RAIS).

Citizens who meet the above requirements, if they work for a private company, can go to the branch of Caixa Econômica Federal, holding an official document with a photo and CPF, in order to withdraw the amount. If you are a government employee, all you have to do is go to one of the Banco do Brasil branches with an official document with a photo and CPF, to withdraw the benefits.

Separation Compensation Fund (FGTS)

This year, birthday withdrawal and withdrawal withdrawal modalities are available to workers. The possibility arises with a license from the government.

Christmas withdrawal

This method allows the worker to annually withdraw part of the available balance in active and inactive FGTS accounts. As the name says, the worker has to join the method and withdraw his benefits in the month of his/her birthday.

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In this case, those born in June will have until the end of this month to join the birthday draw and receive a percentage of the deposited balance. Withdrawals can be made until August 31, 2021.

withdrawal withdrawal

Upon dismissal, the employee has the right to withdraw from the Employment Compensation Fund (FGTS). For this, the company must deposit monthly an amount equal to 8% of the employee’s salary in the fund account opened after appointment.

When is it possible to withdraw the FGTS?

In cases:

  • Separation without reason
  • Bankruptcy due to the company’s bankruptcy.
  • Dismissal due to mutual error.
  • Dismissal due to the fault of the employer.

In addition to these cases, both FGTS and PIS/Pasep can be released to a dependent or heir, if the pregnant woman dies. As laid down in Art. 1 of Law 6.858 / 80, as well as in Art. 666 of the Civil Procedure Code (CPC), amounts not recovered in life by a deceased worker, must be paid to eligible Social Security dependents.

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