Workers will receive payment of FGTS profit in the second half

As in the past year, the profits from the Severance Indemnity Fund (FGTS) accumulated in 12 months are always distributed to workers in the second half of the year. With that, many are waiting for an official definition from the Board of Trustees of the Fund, which is responsible for establishing the amount and the official date of this payment. Check out more information about the payment of FGTS profit!

Read more: The FGTS 2022 profit calendar is out; Check the dates

What do you understand by FGTS profit?

The FGTS profit is the income calculated based on the national interest rate for all workers who have FGTS accounts. Therefore, this is because the government uses the money for public works when the holder is not using it.

In this way, it is a similar dynamic to a loan or savings account within a private company. Therefore, the profit is actually an interest correction paid to the worker who “lent” the money.

Who can withdraw this profit from the Guarantee Fund?

All workers who had a balance in the Fund up to December 31, 2021 will receive the FGTS profit that will be prorated to the account as soon as the funds are released, including employees who made withdrawals later.

With regard to withdrawals, it is only possible through traditional rules for redeeming money, such as unfair dismissal cause, retirement, serious illness, purchase of property or means authorized by the government (birthday withdrawal and extraordinary).

When will this amount be distributed?

According to the pre-established law, this large FGTS profit cannot be transferred by entirety, in addition to having its transfer ratio previously determined by the Board of Trustees of the Bottom.

The directors will only meet in August, when the distribution percentage, which is its value, will be announced. In addition, the deadline for Caixa Econômica Federal to deposit in the accounts is until August 31st.