Change in the law will FGTS yield more than inflation in 2017, says minister

Change in the remuneration of the Service Time Guarantee Fund (FGTS) will ensure that the pass background correction 3% for 4,8% per year, above inflation expected 2017, from 4%.
03/06/2017 09h30 - Updated 4/06/2017 14h48
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Labour Minister, Ronaldo Nogueira, He said on Friday (2) that the change in the remuneration of the Service Time Guarantee Fund (FGTS) will ensure that the pass background correction 3% for 4,8% per year, above inflation expected 2017, from 4%.

Increased profitability of FGTS was authorized with the approval of Provisional Measure 763/16, which became the Law 13.446/2017. "The performance of the fund was an old demand of workers. With the law, We found a way to satisfy the request, maintaining the strength and financial health of the FGTS ", said Nogueira, according to a statement released by the Ministry of Labor.

The law states that half of the result of the fund will be automatically credited, every year, In August, in linked accounts, in order to increase the remuneration. You are entitled to value employees with values ​​in FGTS accounts 31 December 2016. The calculation of the income will occur in the months of June and July.

According to the executive secretary of the Council of Trustees of the FGTS, Bolivar Moura Neto, the result to be deposited this year is not yet closed, but the estimate is that the fund has R $ 15 billion in 2016. Half of this amount, R$ 7,5 billion, It will be credited in the workers' accounts in proportion.

Workers who withdrew funds from dormant accounts of the FGTS that had a positive balance 31 December 2016 They will also receive the updated income. The amounts will be deposited in August.

Júlia Buonafina – Agency Brazil


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