Advertisements
Discover the innovative online method that allows retirees to access FGTS! See the step-by-step process for withdrawing your FGTS balance online!
Every formal worker automatically has an account with the Severance Indemnity Fund (FGTS). With this in mind, the amount accumulated throughout the employment period can be withdrawn under specific circumstances. But what happens if the account holder retires?
One of the categories for withdrawing money from the guarantee fund is the retirement withdrawal. So, yes, retirees have the option to withdraw their FGTS. To do so, they can go in person to a branch of Caixa Econômica Federal (CEF) or follow the steps described below.
Read also:Recovery of Forgotten Funds at the Central Bank: a guide for heirs
How can a retiree request their FGTS online?
Retired non-employee directors and other individuals who receive this type of social security benefit can make a Retirement Withdrawal. It is worth noting that this category applies to all types of retirement.
This includes, for example, the permanent disability benefit from the National Social Security Institute (INSS), commonly known as disability retirement. After accessing the FGTS app, available for Android and iOS, simply follow the steps below:
- On the app's home screen, select the “My Withdrawals” option. Tap it;
- Right after that, choose “Retirement” and review all the information presented by the platform;
- After that, you will need to tap “Request FGTS Withdrawal”;
- At this point, simply provide the bank account details where you wish to receive the money to complete the operation.
How does the amount accumulate in the account?
Read also:R$7.4 Billion in Forgotten Money. How to claim it?
FGTS is a right of all workers governed by the Consolidation of Labor Laws (CLT), and therefore, employers must deposit 8% of the salary into the account every month. Therefore, this percentage should not be deducted from the payroll. In addition, with these deposits, the amount accumulates over the years of service and can be used in specific situations.
In addition to retirement withdrawals, there is also the option of using the amount for housing financing, for example. Furthermore, there are other types of withdrawals, such as termination withdrawals, withdrawals for serious illnesses, disaster withdrawals, among others.
