Advertisements
The trial on the correction of the FGTS will resume, after being interrupted in April this year, at the STF. Explore more details!
On October 18, the Federal Supreme Court (STF) will resume the trial concerning the correction of the Severance Indemnity Fund (FGTS), paused since April of this year. Thus, the discussion centers on a Direct Action of Unconstitutionality (ADI 5090), which challenges the current method of correcting the fund's balance.
In short, the regulations currently in force establish that FGTS account balances be updated based on the Referential Rate (TR), plus annual interest of 3%. However, this index has proven ineffective against inflation. Find out more!
Read also:Recovery of Forgotten Funds at the Central Bank: a guide for heirs
FGTS Correction
Since 1999, the TR has ceased to reflect the purchasing power of the currency and, as a result, the reduced rate has caused losses for workers. Considering that the TR has been close to zero since 2017, the annual return has stagnated at 3%.
Given this scenario, according to analyses by LOIT, a company focused on reviewing FGTS, the estimate is that each worker may receive around R$ 10,000. However, this amount may exceed 60 minimum wages (R$ 79,200.00), varying according to the balance in the fund and the worker’s average income.
Beneficiaries of the adjustment
Read also:Tips for claiming your forgotten money safely
However, it is crucial to emphasize that the FGTS adjustment will not include all workers, since this review is linked to the financial updating of the balances in accounts connected to the fund. Therefore, workers who maintained a long-term employment relationship will benefit more from the adjustment.
Finally, according to LOIT FGTS, a worker who contributed for 10 years after 1999 and whose salary was around one minimum wage may receive approximately R$ 6,000 with the FGTS adjustment. On the other hand, for those who changed jobs regularly, the review may not be as beneficial.
