born in August have until tomorrow to carry out the loot-birthday

FGTS: born in August have until tomorrow to carry out the loot-birthday Tomorrow, Tuesday (31), the deadline for the worker born in August to join the withdrawal-birthday of the Severance Indemnity Fund (FGTS). Migration to birthday withdrawal is optional and must be reported to Caixa. By choosing the modality, the employee can withdraw a part of the balance of their FGTS accounts.

On the one hand, it can be nice to have extra money during the economic crisis caused by the new coronavirus pandemic. But on the other hand, whoever chooses the withdrawal-birthday loses the possibility of withdrawing the full amount of the fund if he is dismissed.

What remains the same is access to a 40% termination fine on the amount deposited by the employer in the event of unfair dismissal, in addition to the possibility of withdrawal to purchase a home, retirement or serious illness.

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The deadline for joining the withdrawal-birthday and having access to part of the balance deposited in the accounts this year always ends on the last day of the month of birth of the worker. The withdrawal is available for three months, starting on the first business day of the employee’s birthday month. For example, those born in September can withdraw from the next Wednesday (1), the first business day of the month, until November 30, the last business day of the month.

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Check out the cashout calendar below:

2021 loot-birthday calendar

anniversary monthStart of serviceend of serve
JanuaryJanuary 4, 2021March 31, 2021
FebruaryFebruary 1, 2021April 30, 2021
MarchMarch 1, 2021May 31, 2021
AprilApril 1, 2021June 30, 2021
MayMay 3, 2021July 30, 2021
JuneJune 1, 2021August 31, 2021
JulyJuly 1, 2021September 30, 2021
AugustAugust 2, 2021October 29, 2021
SeptemberSeptember 1, 2021November 30, 2021
OctoberOctober 1, 2021December 31, 2021
NovemberNovember 1, 2021January 31, 2022
DecemberDecember 1, 2021February 28, 2022

Source: Cash

Those who opt for the birthday loot and then change their mind will have to wait 24 months for the change to take effect. Those who prefer to stay in the traditional model of access to the FGTS, now called withdrawal withdrawal — and have the right to withdraw the full balance in case of dismissal — don’t need to do anything.

How to join the birthday loot?

Anyone who wants to opt for the birthday loot must do membership through the FGTS application or through website There you click on “my FGTS”, then access the tab “Withdrawal-Birthday“. You must then read and agree to the terms and conditions and click “join the birthday loot“.

Based on your current balance, the Caixa Econômica system also allows you to make a simulation of how much you will receive for your birthday withdrawal in 2020.

How much will you get for the birthday withdrawal?

The amount that is released every year for those who migrate to the withdrawal-birthday depends on the summed balance of their accounts in the guarantee fund (for those who have more than one). There are seven pay ranges. For workers with a balance above R$500, an additional fixed installment in reais is added, in addition to a percentage of the fund, as shown in the table below.

The seven strips of the loot-birthday

Balance amount (in R$)% of the balance that can be withdrawnFixed additional installmentTotal withdrawal on the lane floorFull withdrawal at the top of the range
Up to R$ 50050%0—–BRL 250
From BRL 500.01 to BRL 1,00040%BRL 50BRL 250BRL 450
From BRL 1,000.01 to BRL 5,00030%BRL 150BRL 450BRL 1,650
From BRL 5,000.01 to BRL 10,00020%BRL 650BRL 1,650BRL 2,650
From BRL 10,000.01 to BRL 15,00015%BRL 1,150BRL 2,650BRL 3,400
From BRL 15,000.01 to BRL 20,00010%BRL 1,900BRL 3,400BRL 3,900
Above BRL 20,000.015%BRL 2,900BRL 3,900unlimited

Source: Ministry of Economy. Elaboration: Value Invests

How to check the balance

To find out how much FGTS money you have available for withdrawal, just access the Caixa website or the FGTS application. On Caixa’s website, you need to confirm your NIS (Social Identification Number) or CPF number and click on “register password”. NIS (also called NIT) and PIS/Pasep are the same number, the difference is that they are generated in different databases. Here’s how to look up your NIS, NIT and PIS/Pasep number.

After registering the password, you must read the regulation, click on “I accept” and fill in all fields with personal data. Finally, create a password of up to eight digits, with letters and numbers, and confirm. You will be taken to the login screen again. Fill in the fields with NIS or CPF, enter the registered password and access.

In the FGTS app, you need to download the app, select the option “register” and fill in all the requested data: CPF, full name, date of birth and e-mail. Then, you must register a password, numeric, with six digits. For those who already used the application, you can repeat the same password number that you used before. Once you’ve entered your data, just click on the “I’m not a robot” button. Source Value Invests

You will receive a confirmation email to the email address you provided. Access it and click on the link that was sent. After registration, open the app and inform the CPF and registered password. After logging in, some additional questions about your functional life will appear. After answering these questions you must read and accept the application’s conditions of use by clicking agree.

If you don’t have access to Caixa’s website or to the FGTS application, you can also call the number 0800 724 2019 or, as a last resort, go to a bank branch. If you are a customer of the financial institution, you can access the FGTS statement in internet banking on your computer or in the Caixa app via your cell phone or tablet.