The FGTS is an important topic, as it benefits millions of workers spread across Brazil. This fund was created in 1966 with the aim of protecting workers in cases of dismissal.

But the FGTS is much more than just protection against dismissal. In fact, it has several other benefits, for example, the possibility of using it when purchasing your own home.

Furthermore, the FGTS is a compulsory savings. In other words, all workers with a formal contract have the right to receive a monthly deposit into their linked account, which can be withdrawn at different times in their lives.

If you are a Brazilian worker, it is essential to know all the possibilities and rules related to the FGTS. So, keep reading this text to find out everything about the fund.

First of all, the FGTS is a benefit designed for workers who have a formal contract under the CLT regime in Brazil.

It works as a type of mandatory savings, where the employer deposits an amount to the worker each month in a separate account.

The money in the FGTS can be used by workers in different situations. For example, in the purchase of a property, in the case of a worker's retirement or even in cases of dismissal, with the exception of just cause.

In addition, the FGTS also earns interest and monetary corrections, which causes the amount deposited to increase over time.

If you are a Brazilian worker, we have good news: you will probably be entitled to the FGTS. Those working in the CLT format, regardless of the type, have the FGTS as an ally to protect their financial future.

And that's not all! The benefit also applies to non-employee directors, if the employer so decides.

In other words, no matter your position in the company, everyone has the possibility of enjoying the benefits of this important fund.

This benefit is a guarantee for the worker in times of need and must be managed carefully.

The FGTS is a mandatory savings that the employer makes every month, corresponding to 8% of the worker's gross salary.

For example, if you earn R$ 1,500.00 per month, your employer deposits R$ 120.00 into the FGTS every month. In addition, the FGTS earns interest of 3% per year plus a fee called TR, which is added to the account balance.

But be aware, if you have a Learning Contract, this percentage decreases to 2%. And for those who are domestic workers, the contribution is even higher, at 11.2%.

And do you know the best? Workers do not need to worry about discounts, as the value of the benefit is not deducted from their salary. You can check your FGTS balance through the Caixa Econômica Federal app or website.

The FGTS offers numerous advantages for Brazilian workers. Check out some of the main ones below:

These are just some of the advantages that the FGTS offers to Brazilian workers. 

Registering with the FGTS (Service Time Guarantee Fund) is easy and essential to guarantee your labor rights.

First of all, confirm whether your employment contract is governed by the CLT. If the answer is yes, look for your PIS/PASEP registration number. If you are not registered, speak to your employer to regularize your situation.

If you don't already have it, you can obtain it at a Caixa branch or on the Social Security website.

Afterwards, go to the official Caixa Econômica Federal website and create a login password to access the system. Ready! You will now be able to consult and access the amounts received.

Checking the FGTS is a simple task and can be done through different channels, check it out below:

Then, you must log in or register with your CPF and that's it! Now, click on the article below if you want to know how to withdraw this amount.