Withdrawal from FGTS: see how to check the balance and withdraw the amounts

The federal government will release the withdrawal of up to R$ 1,000 from the FGTS (Fundo de Garantia do Tempo de Serviço) as a measure to stimulate the economy. The announcement of the package, which also includes the anticipation of the 13th of INSS retirees and pensioners, is scheduled to be announced this Thursday (17).

There are still no details on how the withdrawal will be made, but the worker can check, as soon as possible, if he has a balance in the fund and if the company is making the deposit correctly. According to Caixa Econômica Federal, there are currently 76.5 million workers with outstanding FGTS accounts.

The verification of values ​​is made in the Guarantee Fund statement, available through the FGTS application. Those who don’t have the app can download it from their cell phone store. If you already have it, you may need to update the version to be able to use it. Withdrawal will also be done through the app.

The worker can monitor, in the FGTS app, if the employer is depositing the amounts correctly, month by month. It is also possible to follow up via SMS. The message is sent directly to the registered cell phone. Registration can be done on the app and at Caixa branches.

SEE THE STEP BY STEP TO CONSULT THE BALANCE IN THE FGTS APP

• Open the app and click “Sign in to the app”
• The phrase “FGTS wants to use Caixa.gov.br to log in” will appear; go to “Continue”
• Enter your CPF, go to “I’m not a robot”, select the requested images and go to “Verify”; then click “Next”
• Enter your password and go to “Login”; if you don’t remember, click on “Recover password”
• The system will ask you to register a bank account, if you do not want to do this, go to “Back to the home screen”
• On the home screen, information about the companies you have worked for will appear.
• The balance of values ​​of the current company or the last company in which you worked appears at the top of the screen; it’s the first; click on it to see the movements
• To save the data, click on “Generate PDF extract” and save to your mobile
• To see all the companies you’ve worked for, go to “View all your accounts”
• The last bank deposit will be informed on the home screen, in the gray frame

Learn how to withdraw on the FGTS app

The FGTS withdrawal changed in 2020, which can facilitate the withdrawal of values ​​by the worker. Now, it will no longer be necessary to go to a Caixa branch to be able to withdraw the money, as it used to be. See how to do it:

• Access the FGTS app and click on “Enter the app”
• The phrase “FGTS wants to use Caixa.gov.br to log in” will appear; go to “Continue”
• Enter your CPF, go to “I’m not a robot”, select the requested images and go to “Verify”; then click “Next”
• Enter your password and go to “Login”; if you don’t remember, click on “Recover password”
• The system will ask you to register a bank account, if you do not want to do this, go to “Back to the home screen”
• On the home page, go to “My withdrawals”, which is in an orange circle, below
• Choose the withdrawal situation you want to make: if it is withdrawal-termination (by dismissal); birthday loot or other situations
• Choose the withdrawal option, that is, why you are going to withdraw the amounts
• Go to “Withdraw”; on this screen, the documents that must be sent to the Caixa will be indicated, if necessary
• Choose whether to “Credit into account” or “Withdraw in person”

For those who will request the digital transfer of values

• There are two options on the next screen: choose whether you want to receive through the “Cashier Account” or “Against Other Banks”
• Accept the consent form, then click “Continue”
• Those who choose to receive at Caixa must confirm the account that appears on the screen and click on “Continue” (in this case, this will be their account for receiving any amount related to the FGTS)
• Those who choose to receive payments in other banks must inform their name and bank number.
• The system will ask for account type, agency and account number; inform them and then click “Confirm”
• Check your details and go to “Confirm” again to get the transfer

For those who will request the in-person transfer

• ​Choose the option “Withdraw in person”
• On the next screen, click “Continue”; it will be necessary to send the documents that will be requested and also take a selfie that the system will ask for (do it according to the application guidelines)
• Choose the document you will use, whether it is your RG, CNH, passport, work card, military ID or foreigner ID and click “Continue”
• Take a photo of the document and send it; then click on “Next Document”
• You will need to take a selfie with the document next to your face and click “Continue”
• Go to “I like the photo” to send it
• Then accept the document in which you declare that the uploaded images are authentic and click “Confirm”
• A message will appear that the Cashier has received your documents and will analyze them; Go to “Continue Withdrawal”
• Check the information provided and go to “Confirm withdrawal”; analysis takes up to five business days
• Follow the release through the app to know when you can withdraw the money in person

Understand how the FGTS works

The Severance Indemnity Fund is a kind of “compulsory savings” for workers, which aims to protect professionals who work with a formal contract. The employer must deposit, every month, 8% of the employee’s salary in an account in his name.

Upon dismissal, the worker can withdraw the values. If it is without just cause at the behest of the employer, there is still the payment of a 40% fine on the balance of the fund. If you resign, there is no way to withdraw, but there are other situations in which it is possible to withdraw the values, such as retirement and purchase of your own home, for example.

In the first year of the coronavirus pandemic, in 2020, the government released the emergency withdrawal of the FGTS, with a schedule of releases according to the worker’s date of birth. The possibility to withdraw FGTS amounts, up to one minimum wage at the time (R$ 1,045), ended at the end of that year.

According to Caixa, the emergency withdrawal of the FGTS, which was established by provisional measure 946/20, “totaled R$ 24.2 billion withdrawn, benefiting 31.7 million workers”.

HOW IS MONEY WITHDRAWAL CURRENTLY

Under current Caixa rules, FGTS withdrawals of amounts up to R$ 1,500 can be made at lottery, Caixa Aqui Correspondents and ATMs for those who have a Citizen Card and password.

In other situations, the withdrawal of funds can be carried out at any Caixa branch, with an identification document. Depending on the case, however, there is a type of documentation that must be presented.

In 2020 and 2017, transfers of FGTS money to an account in the name of the worker were made over the internet, on a website, and through the Guarantee Fund application. There is also a new modality, the digital withdrawal, a service available since February 2020.

In it, the professional accesses the FGTS application to consult the amounts already released and request the withdrawal, indicating an account held in any bank, without the need to go to a branch.