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Has 100% of the FGTS held for withdrawal been released?  More than 7.2 million unemployed people benefited!

Has 100% of the FGTS held for withdrawal been released? More than 7.2 million unemployed people benefited!

The federal government's new proposal is about… FGTS (Service Time Guarantee Fund). The proposal proposes releasing 100% of the withheld balance to workers under Consolidation of Labor Laws (CLT).

According to the Ministry of Labor and Employment (MTE)About 7.2 million unemployed people will be able to benefit from this change.

What is FGTS?

The FGTS is a right of Brazilian workers created with the main aim of protecting workers in cases of unfair dismissal, as well as other specific cases provided by law. Hey FGTS was implemented in 1966 To ensure financial security for workers who find themselves in such situations.

What is the impact of these changes?

If the new law is approved Workers will be allowed full access to the balance held in the FGTS. This change would provide more financial opportunities for workers, in addition to being a way to help the unemployed regain their financial stability.

How do I know if my FGTS is blocked?

To see if you have it FGTS is blockedThe easiest way is through Caixa's FGTS app. Check out the step by step below:

  1. Download the FGTS app for free on Google Play or Apple Store;
  2. On the home screen, tapLog in to the application“;
  3. If this is your first access, click Register;
  4. Fill in your information and log in to the application;
  5. After entering, click on “See all your accounts“;
  6. There, you can check the details of one or more FGTS accounts in your history.

Consultations can also be done in person at company branches Box Or at self-service stations using your citizen card. If you are a Caixa customer, you can check your status using Online banking.

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How to withdraw?

To withdraw FGTS, you must first check the availability of the withheld amounts. This consultation can be done through the FGTS application from Savings bank Or directly at the bank branch. In the FGTS applicationWorkers have access to the account details of one or more FGTS accounts and can request withdrawals, as long as they are included in the initial permitted positions.

Who can withdraw?

workers or Unemployed people who fit certain situations We will get Right to withdraw FGTS is blocked. Cases in which withdrawal is permitted include unfair dismissal, withdrawal due to Christmas, and termination of a fixed-term employment contract, among others.

Apparently, if the new proposal is approved, many will Workers will benefit. The effects of the change are still uncertain, but it is expected to bring financial assistance to millions of Brazilians.