Understand how the new R $ 1,045 withdrawal from FGTS will begin in June



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BRASILIA – In another initiative to mitigate the social and economic effects of the coronavirus pandemic, the government published a provisional measure (PM), at the end of Tuesday night, that releases the withdrawal of R $ 1,045 of FGTS resources for employee

The measure will inject around R $ 36.2 billion in the economy in 2020, according to estimates by the Ministry of Economy.

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The MP establishes that withdrawals will be authorized as of June 15, after the payment period of the R $ 600 aid for informal workers.

Caixa Econômica Federal will prepare a payment schedule, as was done with the immediate withdrawal of FGTS last year. The measure also extinguished the PIS / Pasep Fund.

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Understand what the new retreat will be like

The government announces measures to release withdrawals from FGTS and PIS / Pasep Photo: Reproduction
The government announces measures to release withdrawals from FGTS and PIS / Pasep Photo: Reproduction

Who can withdraw money from FGTS?

  • All workers with a balance in the active and inactive accounts of the fund.

Balance: Find out how to consult the FGTS declaration

How much can you withdraw?

  • The withdrawal is limited to R $ 1,045 per worker.

Who has more than one account can withdraw from all of them?

  • Yes, as long as the total sum does not exceed R $ 1,045. Whoever has, for example, R $ 500 in one account and R $ 1,500 in another, can take R $ 500 from one and R $ 545 from another. The maximum amount, per worker, will always be R $ 1,045.

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    Launch of the 2019 FGTS retreats at Caixa Econômica Photo: Marcelo Régua / 09-13-2019
Launch of the 2019 FGTS retreats at Caixa Econômica Photo: Marcelo Régua / 09-13-2019

How will you define from which account the resource will be released?

  • The provisional measure that authorized the withdrawal established an order in this case: the withdrawal begins with inactive accounts (which are not receiving a deposit) with a lower balance; then, active accounts also with a lower balance.

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When can I withdraw money?

  • Starting June 15, but Caixa Econômica Federal will still announce a payment schedule.

CWhat will this schedule be like?

  • You must obey the order of the month of birth. Anyone with a savings account at Caixa will have automatic credit on the scheduled dates or can withdraw money at ATMs and the lottery network;
  • Whoever has accounts in other banks must follow another calendar

Application:See step by step to register on the platform to receive emergency help of R $ 600

AND Who does not want to charge?

Service at Caixa Econômica Federal: doubts can be clarified at branches Photo: Guito Moreto- Agência O Globo
Service at Caixa Econômica Federal: doubts can be clarified at branches Photo: Guito Moreto- Agência O Globo

  • If you have a Caixa account, you have until August 30 to inform Caixa that you have no intention of withdrawing the funds;
  • If you do not have a Caixa account, you do not need to withdraw your funds.

How will it be done?

  • Caixa must make a request available as it did in the immediate withdrawal of R $ 500, authorized last year.

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Who has not withdrawn the R $ 500 can withdraw the money now?

  • No. The term ended on March 31.

Whoever did not withdraw the PIS fees will lose the moment the PIS / Pasep Fund will be extinguished?

Emergency aid: The cash withdrawal of the emergency aid of R $ 600 will be launched gradually in late April

  • No. The funds will be transferred to the linked FGTS accounts in the name of the quota holders, who can withdraw them at any time.

Who made the option for the birthday withdrawal will be able to withdraw the FGTS funds?

  • Whoever has chosen the birthday retreat will not be harmed.
Queue at the ATM to check your balance. Photo: Marcelo Regua / Agência O Globo
Queue at the ATM to check your balance. Photo: Marcelo Regua / Agência O Globo

PDo you need to present a document?

  • When Caixa launched the funds for his immediate retirement in 2019, he requested the presentation of any personal document, such as a work permit, identity card, driver’s license, that identifies him. For those who have a savings account at Caixa, the deposit will be automatic.

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What will be the impact of the measure on the Brazilian economy?

  • The Ministry of Economy, the measure will put R $ 36.2 billion in the economy, benefiting 60.8 million second people. Some 30.7 million workers will be able to withdraw all the balance they have in FGTS

Will companies stop paying Pis and Pasep to government entities?

  • No. The PIS-PASEP fund was extinguished. Contributions to PIS and PASEP will continue to exist, being assigned to the Workers Support Fund (FAT) to pay the wage bonus and unemployment insurance.
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