Learn how to withdraw the FGTS released by the government

Workers with a balance in their FGTS (Service Time Guarantee Fund) account will be able to make an extraordinary withdrawal of up to R$ 1,000 from the fund as of April 20th. The payment calendar runs until June 15, depending on the birthday month, but the withdrawal can be made until the end of the year.

According to Caixa Econômica Federal, the movement of values ​​will be through Caixa Tem, through digital social savings. In the app, the worker can pay bills, make purchases, transfer money to other banks, perform a Pix or generate a code to withdraw cash at ATMs or lottery houses.

How will be the payment?

The credit will be made automatically in the digital social savings for workers with a balance in the Guarantee Fund account. Altogether, according to Caixa, 42 million have available balance. The operation should involve a movement of R$ 30 billion.

When the money is in Caixa Tem, it is possible to use the virtual debit card to pay in stores, websites or apps, in addition to shopping in supermarkets, bakeries, pharmacies and other establishments, paying with the QR code in the machines, if the place has one. this option. The amount can also be transferred to other bank accounts of Caixa or another bank.

The amounts will be withdrawn in the following order: first, accounts relating to extinct employment contracts, starting with the account with the lowest balance; then the money will come from the other linked accounts, starting with the account with the lowest balance.

There is a payment schedule defined by the government, which takes into account the month of birth. On this date, credit will be made. The extraordinary FGTS withdrawal will be available until December 15th. However, those who do not want to receive the amounts can, until November 10, choose to return the money to the account linked to the fund.

See the FGTS withdrawal calendar 2022

Worker can return money

The return of the money or the manifestation that you do not want to receive the amounts in the digital social savings opened by Caixa will be made through the FGTS app, starting on April 8. In the application, it is also possible to update the registration to receive the amounts, consult the total available for extraordinary withdrawal and see the date on which the credit will be released.

Anyone who does not move the money by December 15 at Caixa Tem will have the amounts returned to the fund’s account, according to Caixa.

The amounts that are blocked in the linked FGTS account cannot be withdrawn either, this must occur with workers who opted for the birthday withdrawal of the fund, released only in the month of the professional’s birthday, for example.

Caixa warns workers to be careful with scams. The bank states that it does not send messages asking for passwords, data or personal information. It also does not send links or ask for device confirmation or account access via email, SMS or WhatsApp.

It is possible, however, through the FGTS application, to request the sending of an SMS to find out if there is a monthly deposit of the Guarantee Fund amounts. Information can also be sent by letter, but the worker needs to go to an agency to ask.

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

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, by the 7th of each month, 8% of the professional’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. The possibility to withdraw funds from the fund, of up to one minimum wage at the time (R$ 1,045), ended at the end of that year. In all, 31.7 million workers withdrew R$ 24.2 billion.