Release of Retained FGTS Balance Benefited Millions

FGTS withdrawal is a topic of great relevance for millions of Brazilian workers.

Recently, the release of retained FGTS funds provided significant financial relief, benefiting 12.6 million people and injecting R$12.4 billion into the economy.

In this article, we will explore the economic impact of this measure, the number of workers who were able to access their resources, the total amount withdrawn and the automatic receipt, in addition to discussing the regulation by provisional measure 1,290 and the effects of the anniversary withdrawal on layoffs that occurred between 2020 and 2025.

Macroeconomic Impact of the Release of the FGTS Balance

The release of the balance retained in the FGTS represented a significant boost for the Brazilian labor market, benefiting 12.6 million workers and injecting R$ 12.4 billion in the economy.

This measure relevant government action, aimed to revitalize the economy during a period of uncertainty and had a notable macroeconomic impact on the country.

We cannot fail to highlight that, of this amount, R$ 11.3 billion were withdrawn by 10.8 million people.

Furthermore, 86% of the workers received the amounts automatically in your accounts, providing fast and efficient access to funds.

This movement was possible thanks to the regulation by Provisional Measure 1,290, which recently lost its validity, but which, during its validity, secured financial relief essential for many Brazilians.

This initiative emphasizes the importance of strategies that combine worker support with national economic dynamics.

Details of Withdrawals and Automatic Receipts

The release of the balance retained in the FGTS had a significant impact on millions of workers in Brazil.

In total, they were withdrawn R$ 11.3 billion put 10.8 million of beneficiaries, a considerable movement within the national economy, especially considering that 86% of these amounts were automatically credited to the workers' accounts.

This measure provided simplified and agile access to resources, encouraging immediate financial relief for those economically affected.

For a better understanding of the withdrawal process, visit the Savings Bank on FGTS, where you can check whether credit is already available and obtain additional guidance on account movements.

Legal Framework and Deadlines of Provisional Measure 1,290

A Provisional Measure 1,290 was created with the objective of releasing the retained FGTS balance for workers who opted for the anniversary withdrawal and were dismissed without just cause.

This measure aimed to offer financial support to those in a vulnerable situation, increasing their ability to deal with economic emergencies.

This action proved crucial, helping to inject around R$12.4 billion into the economy during the period of validity, meeting 12.6 million workers.

The dismissal interval contemplated by MP 1,290 was 2020 to 2025, covering a significant period in which many were impacted by economic instability.

During this window, the withdrawal allowed workers to access resources that would otherwise remain immobilized in their linked FGTS accounts.

The measure not only ensured immediate financial relief but also contributed to economic dynamism.

Below is a list highlighting who was able to withdraw and who was not, and the deadline:

• Workers laid off between 2020-2025.
• Dismissed people who opted for birthday withdrawal.
• 04/07: end of validity.

The MP's validity deadline was July 4th, and from this day onwards the right to withdraw the retained balance was suspended, marking the end of the application of this policy.

This measure, initially temporary, although it brought significant benefits, has now ended its effectiveness, and it is hoped that future regulations can take advantage of its lessons.

Extraordinary Withdrawal for Workers under the Anniversary Withdrawal Modality

During the period from March to June, many workers had the opportunity to join the extraordinary withdrawal of FGTS , an essential measure to preserve the balance of the fund's accounts and support those who opted for the modality birthday withdrawal.

This initiative proved crucial in avoiding financial imbalances, especially for workers who, after being laid off, still had a balance retained.

Throughout this period, permitted by MP 1.290, the withdrawal was intended to provide immediate financial relief, injecting more than R$ 12 billion into the economy.

This strategy not only benefited those in a fragile employment situation, but also protected the interests of millions of Brazilians who chose the anniversary withdrawal as a way of saving.

The withdrawal process was simple and practical, allowing 86% of the beneficiaries to receive the amounts automatically into their account, thus ensuring greater speed and efficiency in the release of funds.

With this influx of capital, many workers were able to balance their finances, highlighting the critical importance of measures like this, which provide support in times of instability.

This initiative highlighted the relevance of the FGTS as a tool not only for savings, but also for economic protection for workers in challenging times.

In summary, the release of the balance retained in the FGTS brought important financial benefits to millions of workers, mitigating the impacts of layoffs and injecting significant resources into the national economy.