Caixa announced today (26) the completion of the processing of the distribution of R$ 13.2 billion of the 2021 result of the Severance Indemnity Fund (FGTS). With the credit of the amounts, the FGTS accounts contemplated reached a return of 5.83% per year, an index that corresponds to almost double the correction of savings in 2021, which was 2.99%.
The distribution of the FGTS profit is a legal measure that aims to increase the profitability of the worker’s FGTS accounts, through the distribution of part of the positive result earned by the Severance Indemnity Fund for Employees, in addition to the monthly remuneration paid by through the application of the Referential Rate (TR) plus 3% per year.
The fund’s result derives from the return on its applications and investments in housing, sanitation, infrastructure and health, as a result of the governance of the FGTS Board of Trustees and Caixa’s role as an Operator. In the distribution of profits announced today, 106.7 million workers who had a FGTS account with a balance on 12/31/2021 received credit.
The higher the balance of the account linked to the FGTS, the more the worker has to receive. to know the profit share that will be deposited, the worker must multiply the balance of each account in his name on December 31 of last year by 0.02748761. This factor means that, in practice, for every R$ 1 thousand of balance, the shareholder will receive R$ 27.49.
Even losing inflation, the FGTS yielded more than the savings account. Last year, savings yielded only 2.94%, influenced by the Selic rate (basic interest in the economy), which remained at 2% per year for most of 2021 and was only increased from August last year.
How to check the balance
To check the balance of the Guarantee Fund, the worker must consult the extract of the fund, in the FGTS application, from Caixa Econômica Federal. Until recently, the bank offered the option of consulting the institution’s website, but all electronic service related to the FGTS was migrated exclusively to the application, available for smartphones and tablets of Android and iOS systems.
Those who cannot make the consultation over the internet should go to any Caixa branch to ask for the statement at the service desk. The bank also sends the FGTS statement on paper every two months, at the registered address. Those who have changed residence should look for a Caixa branch or call 0800-726-0101 and inform the new address.
