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The release of the PIS/Pasep quotas took place, allowing withdrawals without the need to visit a branch. See how to proceed HERE!
According to information provided by Caixa Econômica Federal, approximately 10 million Brazilian employees hold a total of R$ 24.6 billion in PIS/Pasep. With this in mind, the Federal Government submitted to the National Congress a legislative bill aimed at establishing an additional credit of R$ 85.2 million in the 2023 Budget (PNL 27/23).
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This amount is intended for quota holders with accumulated funds in PIS/Pasep accounts. Thus, the additional credit would cover 8,000 workers who requested the withdrawal of their funds, averaging R$ 10,650.00 per individual. Learn more about the payment procedure!
Deadline to claim the PIS/Pasep balance
In 2022, the government issued Constitutional Amendment 126, establishing that PIS/Pasep accounts unclaimed for more than 20 years would be closed 60 days after its publication in the Official Gazette. Thus, after this period, the entity considered the unclaimed money abandoned, transferring it to the National Treasury.
However, workers can still request reimbursement from the Union within up to 5 years after the end of the accounts. The amount claimed, in turn, will come from funds allocated to Bolsa Família.
The Ministry of Development and Social Assistance, Family and Fight Against Hunger, responsible for the social program, guaranteed that the payment of the assistance benefit will remain intact.
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Procedures for withdrawing the salary benefit quotas
Finally, Brazilian employees can make the authorized PIS/Pasep withdrawal conveniently, avoiding travel. Follow the guide below:
- Open the FGTS app (compatible with Android and iOS devices);
- Tap the notice “You have a withdrawal available”;“
- Select “Request PIS/Pasep withdrawal”;“
- Choose withdrawal by credit to an account or in-person withdrawal;
- Check the information;
- And finally, tap “Validate withdrawal”.
