FGTS Workers Receive R$13 Billion in Profit

FGTS Profit is a topic of great relevance for Brazilian workers, especially with the recent early distribution of the fund's profits in 2024. In this article, we will explore how this distribution will impact the income of workers with FGTS accounts, detail the proportional calculation based on the December 2024 balance, and analyze the relationship of FGTS income with inflation and other investment options, such as savings accounts.

With a projected yield of 6.05%, it is worth understanding the implications of this financial movement.

Early Distribution of FGTS Profit in 2024

Almost R$ 13 billion were distributed as FGTS profit in 2024. With the anticipation for July 28th, workers saw a considerable increase in the income from their accounts.

This move not only provided financial relief amid inflation of 4.83%, but also raised the total FGTS yield to 6.05%, exceeding inflation profitability.

• Total amount distributed: almost R$ 13 billion
• Profit percentage: 95%
• Credit date: July 28th
• Proportionality criterion: 0.02042919 for R$ 1 thousand
• Base balance: December 31, 2024

The calculation criterion is proportional to the account balance on the reference date in 2024. Caixa Econômica Federal began deposits, allowing users to check their balances through FGTS application.

This strategy aims to ensure correct distribution, adjusting the accounts to the new income.

Proportional Credit Calculation

The calculation of the proportional credit of FGTS in 2024 uses the calculation factor 0,02042919, which is applied to the balance existing on December 31, 2024. This means that for every R$ 1,000 in the balance, the worker will receive R$ 20.43 as credit.

This distribution mechanism aims to proportionally benefit shareholders based on the amount available in their accounts.

The example above illustrates in a practical way how credit is applied with balance variations.

For more detailed information about this calculation and who is entitled to FGTS profits, you can consult the official website.

Each worker has a potential for earning that can be explored through understanding the current rules and the correct application of the calculation factor.

Impact on Annual FGTS Income

In 2024, the FGTS income reached 6,05%, exceeding the inflation of the year of 4,83%, which demonstrates effective performance in preserving workers' purchasing power.

However, when compared with the savings yield in 2023, which was 6,41%, the FGTS still lagged behind in profitability, highlighting the need for improvements to remain competitive compared to more popular investment alternatives.

For better understanding, check out the differences:

• The FGTS yielded 1.22 percentage points above inflation in 2024.
• Compared to savings in 2023, the FGTS yielded 0.36 percentage points less.
• Inflation was 1.58 percentage points below savings yields in the previous year.

This analysis highlights the importance of considering both the general economic context and the different investment options when planning financial strategies.

Income Guarantee and Compensation Rules

The rules that ensure the minimum income of the FGTS are essential to protect workers' assets.

According to current legislation, FGTS accounts must be adjusted annually by at least 3%, in addition to the variation in TR (Reference Rate).

This mechanism ensures that account balances continue to grow, even in periods of lower economic performance.

However, when the income does not exceed inflation for the period, the concern is evident.

It is in this context that the compensation, a necessary mechanism to settle workers' accounts.

If the FGTS yield falls below the official inflation measured by the IPCA, as determined by the Supreme Federal Court, the Board of Trustees must adopt corrective measures. “the rules indicate that the Board of Trustees must act if the income falls below inflation”.

This is in line with the STF decision that requires the FGTS balance to at least keep up with inflation. for more details on these measures.

Therefore, the FGTS is not only protected against the erosion of purchasing power, but also, through policies of compensation, ensures that employee benefits are fair and balanced.

Essentially, this protection against inflationary loss reaffirms the commitment to workers' financial security by preventing them from experiencing real losses over time.

In short, the distribution of FGTS profits in 2024 brings important benefits to workers, ensuring a higher-than-inflation return and contributing to better financial planning. It's crucial to keep up with these changes to optimize earnings and ensure future financial security.