February birthday people can now withdraw their FGTS birthday withdrawal at Caixa

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Workers born in February who opted for the FGTS birthday withdrawal (Guarantee Fund for Length of Service) begin to receive the annual quota this Wednesday (1st). The withdrawal of this lot can be done in up to three months, until April 28th.

Workers who opt for this modality are not entitled to withdraw the entire FGTS balance if they are dismissed by the employer. The payment of the 40% fine due on dismissal without just cause is maintained.

Release is not automatic. If the worker wants to opt for the modality, it is necessary to join the official FGTS application.

The Minister of Labor, Luiz Marinho, has already stated that he intends to put an end to new requests for birthday withdrawals and that the issue will be discussed in March by the Board of Trustees of the FGTS.

The amount becomes available on the first working day of the worker’s birthday month and can be withdrawn up to three months later, that is, until the last working day of the second month after the birthday.

Anyone who opts for the birthday withdrawal until the last day of their birthday month can receive the amount in the same year, according to Caixa.

BIRTHDAY WITHDRAWAL CALENDAR IN 2023

born in start of payment Final date to withdraw the amount
January January 2nd March 31
February February 1st April 28th
March March 1st may 31st
April April 3 June 30
May may 2nd July 31st
June June 1st August, 31
July July 3rd September 29th
August august 1st October 31st
September September 1st 30th of November
October october 2nd December 29th
November November 1st January 31, 2024
December December 1st February 29, 2024

HOW MUCH CAN BE WITHDRAWN?

  • The birthday withdrawal can be requested through the FGTS application and is available after five working days
  • The amount to be withdrawn depends on the total balance deposited in the fund and varies from 5% to 50% of the amount, plus an additional fixed amount that also depends on the total amount.
Amount deposited in the FGTS Rate that can be withdrawn additional installment
Up to BRL 500 50%
From $500 to $1,000 40% BRL 50
From BRL 1,000.01 to BRL 5,000 30% BRL 150
From BRL 5,000.01 to BRL 10,000 20% BRL 650
From BRL 10,000.01 to BRL 15,000 15% BRL 1,150
From BRL 15,000.01 to BRL 20,000 10% BRL 1,900
Over BRL 20,000.01 5% BRL 2,900

retirees

Workers who joined the birthday withdrawal will be able to withdraw the entire balance they have in their FGTS account when they retire through the INSS (National Social Security Institute). Every worker with a linked FGTS account, active or inactive, has the right to join the birthday withdrawal, including retirees who continue to work with a formal contract.

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