The function of the birthday withdrawal is to allow the worker to withdraw part of the money from the FGTS account, this annually, valid for a period of three months, including the month of the worker's birthday.
Therefore, it is worth noting that those who opt for this modality cannot withdraw money from the FGTS, in case of dismissal for a period of two years.
More than 28,6 million citizens have opted for the modality since its inception, which was in 2019.
It is worth remembering that those workers who did not adhere to the anniversary-withdrawal remain in the standard termination-withdrawal scheme.
How did the anniversary loot come about?
This modality emerged with the aim of gaining employment and income for the country's economy, thus increasing access to fund resources for workers, especially for those in a situation of economic vulnerability, since the proportion of withdrawals is greater, the greater the smaller the balance.
However, the objective was for the anniversary withdrawal to increase productivity and the expansion of housing finance.
How do I know if I am entitled to the birthday withdrawal?
Who is entitled to the birthday withdrawal is every worker who contributes and has a balance in the FGTS, whether in active or inactive accounts.
Therefore, the birthday withdrawal is only released to those who inform Caixa saying they want to receive the amounts annually as explained above.
On the other hand, if the worker does not choose, he can withdraw the FGTS in situations provided for by law, such as: buying a home, retirement and dismissal without just cause.
How to request the birthday withdrawal?
Caixa Econômica Federal provides assistance for workers who have an FGTS account, whether active or inactive, to make the option of withdrawals.
Check out step-by-step how to request the birthday withdrawal:
- FGTS website;
- FGTS App (the application is Caixa FGTS and is available for both Android and iOS devices);
- Caixa website page.
How to withdraw money from birthday withdrawal?
Those who wish to make the birthday withdrawal, know that it can be done through the following digital channels: fgts.caixa.gov.br, FGTS App, CAIXA Internet Banking or CAIXA App.
Will there be a birthday withdrawal in 2023?
The current Minister of Labor, Luiz Marinho, informed on the last January 24, 2023, that the new requests for birthday withdrawals from the Severance Indemnity Fund (FGTS) will no longer be allowed from the month of March.
Still, according to Marinho, there are many complaints from workers due to the accumulation of the value for two years in case of dismissal. And more, due to the weakening of funds for investment by the federal government, in which the FGTS is used.