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Bill provides that FGTS has the same remuneration of savings

26/10/2012

This article was translated by an automatic translation system, and was therefore not reviewed by people.



 


Compensation accounts FGTS is made with the Referential Rate (TR) plus 3% per annum
 
SAO PAULO - Moving in the House of Representatives a bill that provides for equal pay on savings accounts for FGTS (Guarantee Fund for Time of Service).

Currently, the remuneration of accounts FGTS is made with the Referential Rate (TR) plus 3% per annum. Since savings accounts are fixed by the Reference Rate Daily (TRD fraction of TR), plus 0.5% per month.

The author of the draft 4173/12 argues that the portion of TR "is extremely limited" because changed by only 0.71% in 2009, 0.69% in 2010 and 1.21% in 2011. Mr highlights that 40% of FGTS are invested in Treasury securities, bank deposits and investments of high profitability, which are not passed on to workers.

Therefore, the proposal imposes a limit on the technical reserve, which is provided in Law 8.036/90, which deals FGTS, 10% of the funds raised. Today the legislation does not provide for any limitation. The portion that exceeds this percentage should be transferred to the accounts of workers.

Repayment
The bill also requires the Executive to repay, with funds from the National Treasury, allowances for housing projects that are paid with money from FGTS. According to the deputy, in 2009, these benefits consumed R$ 4.2 billion, "no less than 71% of income on loans charged in the year," he says.

The text also says that employers who do not pay on time will FGTS debt plus the TR plus 1% on the amount owed, plus fines.
Current law provides TR plus 0.5% and a fine.



Source: News Agency

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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