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Understand the FGTS blocked balance may raise some doubts for the account holder.
This happens especially when you try to apply for a loan and realize that the full amount is not available.
But why does this happen? After all, Who is entitled to FGTS? Is there a way to unlock the balance?
All these questions will be answered throughout today's content.
So to understand everything about FGTS balance blocking, continue reading!
Who is entitled to FGTS?
Before we explain about FGTS blocked balance, it is important to talk about who is entitled to the benefit.
This is because it is very common for workers to think that their balance is blocked, when in fact they are not entitled to the benefit.
The FGTS is a benefit aimed at workers who work under the CLT regime.
This is because the right to the guarantee fund is determined by the CLT rules.
Thus, it is determined that employing companies are obliged to deposit the equivalent of 8% of the employee's salary into the FGTS account every month.
The aim is to offer guarantees to the worker, should he or she lose his or her job unexpectedly.
This involves dismissal without just cause and decided by the employer.
Therefore, it is clear that only workers with a formal employment record have the right.
Therefore, self-employed workers, MEIs or internship contracts do not guarantee receipt of FGTS.
This is because, in these types of contracts, there is no obligation for the company to make a deposit, therefore, the worker does not accumulate a balance.
Therefore, if you are not registered with the CLT, your account will not have a FGTS balance for the current contract.
What causes a blocked balance in the FGTS?
Now that we know who is entitled to FGTS, We can now explain what causes the FGTS balance to be blocked.
This is because, if you do not work under the CLT regime, you already have the answer to the lack of amounts to withdraw.
However, even for those who work under this regime, it is not uncommon to have difficulty accessing the balance.
This happens especially when you enter the application and come across a field indicating that part or all of the amount is blocked.
But why does this happen?
The first thing you should consider is whether there are any inconsistencies in your account.
This is because registration problems can block your account.
But, if you can access your account normally, that's not the problem, and then we only have two possibilities left, which we'll explain below!
Withdrawal-termination
If you have opted for the severance payment, your balance will only be released in the event of unfair dismissal, by decision of the employer.
Therefore, until you go through the dismissal, the balance will remain blocked.
Furthermore, if the dismissal occurred at your request or for just cause, you lose the right to withdraw.
In this case, the amount that would be withdrawn is blocked and falls into the “inactive accounts” category.
The balance of inactive accounts can only be withdrawn on specific occasions, and until then it remains blocked.
So, if you want to know the reason for listing “FGTS blocked balance”, check if you have opted for the withdrawal-termination, as this is one of the reasons.
If this is the reason, don't worry, as you can withdraw your benefit in full after termination without just cause.
However, it is worth remembering that if you have already been dismissed and it did not occur under the accepted conditions, it will not be possible to withdraw until there is special authorization from the government.
Anniversary withdrawal loan
Another situation that generates a blocked FGTS balance is taking out an anniversary withdrawal loan.
This is because this type of loan advances up to 10 installments of the FGTS anniversary withdrawal.
And, it is known that the anniversary withdrawal corresponds to the annual withdrawal of 30% of the total account value.
It is worth mentioning that the loan is paid through a discount made directly from the FGTS account.
Thus, once a year, in the month of the cardholder's birthday, the bank discounts the installment + interest.
The issue is that the total balance allocated to the loan is blocked, precisely to guarantee payment to the bank.
So, this is one of the main reasons why part of the account value appears as blocked.
In this case, the only way to unlock it is by paying off the loan.
To do this, you need to contact the bank and request payment of the debt.
But be careful, for this you will have to pay the full amount with your own resources.
Therefore, it may not be that interesting, unless you really need to unlock your FGTS balance.
Is it possible to use the blocked FGTS balance?
By now you already know when the FGTS blocked balance.
Therefore, it is natural that doubts arise about the possibilities of using the blocked balance.
After all, you can use the blocked FGTS balance?
It depends!
If the balance was blocked due to dismissal for just cause or at the employee's request, it is possible.
This is because inactive accounts only do not allow withdrawal in the event of dismissal.
However, you can still opt for the birthday withdrawal, and you will have the chance to withdraw 30% of the amount on your next birthday.
But, if the reason for your block is because of FGTS loan, it is no longer possible to use the blocked balance.
This is because, as we explained, this serves as a guarantee for the creditor bank.
Therefore, the holder loses access to the amount, as it is guaranteed to the bank.
How to enable/disable the anniversary withdrawal function?
After everything we've seen, it's clear that the anniversary withdrawal ends up being the best alternative for those who want to avoid the FGTS blocked balance.
This is because, in this modality, your FGTS is not restricted in the event of dismissal for just cause.
The only downside is that you can't withdraw the full amount.
But, for those who prefer to withdraw little by little rather than have their entire balance blocked, it may be a good idea.
With that in mind, we'll now teach you how to enable/disable this feature on your account.
To do this, start by logging into the FGTS app with your account.
Then look for the option “birthday withdrawal” and click “Join”.
Remember that after joining this modality you will not have access to the withdrawal-termination.
To return to the withdrawal-termination, there is a grace period of 24 months.
So, you must be very careful when making this decision.
But, in any case, both options have advantages and disadvantages, so in neither case will you lose out.
Finally, now that you know how this whole thing works, FGTS blocked balance, it becomes easier to manage the use of your benefit!
