The FGTS is a benefit intended for Brazilian workers and the anniversary withdrawal, one of the modalities, may soon change. This is because the Ministry of Labor has forwarded a project to the Civil House so that those who have joined the modality can withdraw the amounts from their accounts.
Therefore, the idea is to correct an alleged injustice committed against these workers. Therefore, see below what possible changes may occur.
What will change in the FGTS anniversary withdrawal?
The proposal from the Ministry of Labor aims to give workers the option of withdrawing the amount of the anniversary withdrawal without being limited to the termination fine. This new measure will have an impact of R$14 billion, but proposal still awaiting analysis by President Lula.
It is worth noting that the new feature aims to benefit workers who opted for the anniversary withdrawal in 2020. This is because at the time it was possible to request a loan through the FGTS, in advance values futures.
According to Luiz Marinho, the Minister of Labor, this situation “deceived” workers, since when they were fired they lost full access to the funds. In other words, these people will not be able to withdraw the amount from the Guarantee Fund for 25 months.
The new proposal aims to correct what happened. In addition, it will guarantee retroactive benefits for people who were laid off after 2020.
FGTS Modalities
The FGTS has two modalities, the first of which is the termination withdrawal. This modality gives the worker the right to withdraw the total amount from the account, including the termination fine, in cases of dismissal without just cause.
The other option is the anniversary withdrawal, which was introduced in 2019 and allows the worker to withdraw an annual portion of the balance in the FGTS account in the month of their birthday. The amount can vary between 5% and 50% of the sum of all the balances in the worker's FGTS accounts, with an additional amount related to the balance.
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