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Box closes FGTS profits deposits; 88 million are benefited

Worker

With the results obtained last year, the bank distributed R $ 7.2 million to the fund's quota holders

Caixa Econômica Federal closed on Tuesday (29) the division with the workers of the profit of the Fund of Guarantee of Time of Service (FGTS) obtained last year, of R $ 14.5 billion. In total, R $ 7.2 billion was distributed to some 88 million people.

Unprecedented measure, the deposit of the amounts in the workers' accounts was completed before the deadline established by the legislation, which would go until August 31. According to the bank, the income of the accounts contemplated with the measure reached 7.14% in relation to the profit obtained in 2016.

Under Law No. 13,446 / 2017 , the FGTS profit payment is a measure of the federal government to warm the economy amid the resumption of growth. This year, the withdrawal of the fund's inactive accounts injected R $ 44 billion into the Brazilian economy.

More recently, the federal government also anticipated the withdrawal of PIS / Pasep for the elderly, with the expectation that the measure will put R $ 15.9 billion in circulation in the Brazilian economy, benefiting 8 million Brazilians.

Source: Portal Brasil, with information from Caixa