At least 10 million Brazilians have PIS/Pasep amounts available for withdrawal, but have not yet withdrawn these amounts. According to survey of Savings Bank Federal, a total of R$ 23 million is ready for withdrawal. Now, here's how to request money from PIS/Pasep and who is entitled to receive it.
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Who can receive amount in PIS/Pasep?
Since 2020, Caixa Econômica Federal has managed the money of Brazilians who have not redeemed the PIS/Pasep amount. This is because at that time there was the extinction of this fund, which became integrated into the Severance Indemnity Fund (FGTS).
Thus, those who worked with a formal contract, both in a private company and in the public sector, between 1971 and October 4, 1988 can request the bank to withdraw the PIS/Pasep. For this, the worker needs to download the FGTS application, through which he can find out whether or not there is any amount available.
If so, you will receive the message “You have withdrawal available”, so just click on it, and then select the option “Request PIS/Pasep withdrawal”. Finally, it will be necessary to choose whether it is preferable to withdraw money at a physical branch of Caixa Econômica Federal or resort to crediting an account.
For deceased worker
Sometimes, the worker entitled to receive the PIS/Pasep quota has already passed away. In these cases, the heirs and dependents of the same may request the withdrawal related to the work during the mentioned years.
For this, it will be necessary to take to a Caixa Econômica Federal agency the Death Certificate and documents that prove the condition of heir or dependent of the worker. In addition, documents can also be sent through the FGTS application, in the option “Other withdrawal situations and PIS/Pasep – Worker's Death”.
Finally, it is worth mentioning that any operation to release the PIS/Pasep amount is free of charge. In addition, for amounts below BRL 3,000, the worker will withdraw money at lottery shops and terminals. self-service, but for values above BRL 3 thousand, payment will only take place at the branches Box.