The process of monetary correction of the balances of accounts linked to the Severance Indemnity Fund (FGTS) has been stopped at the Federal Supreme Court (STF) for two years.
An individual decision paralyzed the discussion, according to a report by Folha de São Paulo. According to the newspaper, there is no forecast of the return of the action to the court’s plenary.
Currently, the balances are adjusted by the Referential Rate (TR) plus interest of 3% per year. TR has been zeroed since 2017.
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Through the process, the accounts are updated for inflation. The fund’s revision could generate more than R$ 300 billion of impact to the public coffers, according to labor associations, informed Folha.
The representatives of the union centrals are waiting for an audience with the president of the STF, minister Luiz Fux.
The minister told Folha that the Supreme Court is awaiting discussion of the proposal in the National Congress before judging the text.
“If there is no deliberation on the issue in Parliament in the coming months, the STF may reschedule a date for judgment of the action,” Fux told Folha.
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