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The FGTS Digital platform intends to introduce payment via Pix starting in January 2024; discover its features and understand the platform.
Brazilian workers’ interaction with the Severance Indemnity Fund (FGTS) will undergo a notable transformation with the introduction of Pix for payments. In a context of increasing digitalization and the search for convenience, the federal government is launching the FGTS Digital proposal.
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This innovation aims to simplify and speed up access to the fund. One of the platform’s main attractions is the incorporation of Pix, the instant transfer mechanism. Now, let’s take a closer look at these changes and how they will positively impact millions of citizens.
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How will withdrawing FGTS funds via Pix work?
As announced by the Ministry of Labor and Employment, starting in January 2024, FGTS will undergo changes to its collection method. One of the most anticipated innovations is the option to use Pix for transactions, preventing workers from having to go to a Caixa Econômica Federal branch to withdraw their benefit.
Another change concerns the payment deadline, which will be by the twentieth day of the following month. This change promises to make processes faster. For employers, the news also brings optimism.
The introduction of this new system will reduce the average time spent completing FGTS from 34 hours/month to just 25 hours. Therefore, regarding the transfer of FGTS funds, what previously took between three and five business days will now occur almost instantly through Pix.
Explore the Severance Indemnity Fund Digital
The FGTS digitization process began in 2019. Since then, the federal government has already allocated R$ 99.5 million to update and simplify the system, including the option to pay via Pix. The reasons for this innovation include combating delinquency, reducing bureaucratic procedures and, of course, providing greater transparency in transactions.
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In conclusion, say goodbye to SEFIP and GFIP. FGTS Digital will unify the information, improving the collection and provision of data to all interested parties. According to Caixa Econômica Federal, the main goal is to refine all procedures related to FGTS.
