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FGTS: The minister says he has obtained approval from Lula to send a draft on Christmas withdrawals to Congress |  Policy

FGTS: The minister says he has obtained approval from Lula to send a draft on Christmas withdrawals to Congress | Policy

President Lula and Minister of Labor and Employment Luiz Marinho – Photograph: Reuters via BBC

The Minister of Labor and Employment, Luiz Marinho, said on Monday (2) that he submitted and received authorization from President Luiz Inacio Lula da Silva (PT) to send to Congress a draft on the anniversary of the withdrawal of the Weather Guarantee Fund Service (FGTS).

Birthday Withdrawal allows a worker to withdraw a portion of the balance from active and inactive FGTS accounts in his or her birthday month. However, if you are fired, you cannot withdraw the full amount of the balance – withdrawals can only be made two years after the worker leaves the facility.

“We presented it to the president [Lula] “He allowed the referral of a project to correct this injustice created by the law of the previous government, which is the Christmas withdrawal, which prohibits people from having the right to withdraw what is theirs,” Marinho told reporters.

The secretary also said he believes Congress should not oppose the project. “I want to believe that Parliament would not behave this way towards all workers,” the minister said.

He did not provide details about the proposal or when it would be sent to the Legislature to begin processing it.

Withdrawal by date of birth does not allow full redemption of FGTS

In Marino’s assessment, “The banks are taking that guarantee fund away in a Leonish way, which incentivizes people to take out a lot of loans, anchored in the guarantee fund. So, I don’t think Congress is going to be immature on this issue.”