Brazil FGTS Council Extends Transition Rule, Halts Birthday Withdrawal Cut
Published 2 d ago1 sourceEvidence: Reported
Brazil's FGTS Deliberative Council voted 8-2 to extend the allowance for five birthday withdrawals per year until March, preventing a reduction to three operations on November 1, 2026. This policy adjustment affects worker access to severance funds, potentially influencing consumer liquidity and spending. The extension is temporary, with the limit still set to drop later, creating uncertainty for future withdrawals.
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