FGTS withdrawals for workers under the new modalities Established in September 1966, the Severance Indemnity Fund (FGTS) is a labor right that works with the collection of 8% of the salary amount. The amount is deposited in a savings account linked to the employment contract that the citizen can claim. However, to have access to the resource, some conditions are necessary.
Withdrawal of termination
It is authorized in the event of dismissal without just cause and allows full redemption of the amount available in the FGTS.
birthday withdrawal
Distributed in the month in which the worker was born, annually. It receives only part of the balance available in the FGTS, but makes it impossible to receive the termination withdrawal – in cases of dismissal without just cause in which the worker has withdrawn the birthday withdrawal, he will only be entitled to a termination fine of 40% of the amount available in the FGTS.
withdrawal for retirement
Retirees have access to the balances of their active (current contract) and inactive (old contracts) FGTS accounts, under certain conditions. If you want to continue in the same job when you retire, the worker can make a monthly withdrawal of FGTS amounts. If you want to work for another company, you will only have full access to the FGTS if you are fired without just cause.
Withdrawal due to serious illness
The last modality allows requesting the withdrawal of FGTS balances to help in the treatment of serious illnesses: cancer, HIV, terminal illnesses, among others that are accepted by the government. Source istoedinheiro.com.br
