Did you know that you can have money saved in the PIS PASEP program and still not have withdrawn it? Yes, many people have worked with a formal contract, are entitled to the benefit and don't even know it. The good news is that you can find out in a matter of minutes - and the best thing is that you can request a withdrawal easily, all from your cell phone or computer.

In this content, you will understand what PIS PASEP is, who is entitled to it, how to check the balance and the step-by-step process to withdraw it safely.

What is PIS PASEP?

First of all, it's worth understanding what this PIS PASEP is all about. It's actually two different programs that have been merged into a single fund.

O PIS (Social Integration Program) was aimed at private sector workers, while the PASEP (Public Servant Equity Formation Program) was aimed at civil servants. Both functioned as a kind of savings account, filled with deposits made by the employer for the worker.

These deposits were made until 1988. Anyone who worked between 1971 and 1988 and hasn't withdrawn this amount may have it sitting in the bank, just waiting to be redeemed. And that's when many people are surprised: even if you've retired or changed jobs, this money is still there, available - you just need to know how to ask for it.

Who is entitled to withdraw their PIS PASEP balance?

If you or someone in your family worked with a formal contract between 1971 and 1988, it is very likely that there is a balance available in the PIS PASEP. This applies to both private sector workers and civil servants.

Even if you have already retired, moved to another city or changed your profession, your right still exists. And pay attention: if the person entitled to the benefit has diedLegal heirs can request a withdrawal. To do so, they must present the correct documents, such as a death certificate, inventory or public deed of partition.

How do I know if I have an available balance?

The consultation is simple and completely free. All you need is your CPF number and follow the steps below:

1# Access the application FGTSavailable for Android and iOS
2# Register if you haven't already
3# Click on the "PIS/PASEP income"
4# Enter the requested data and see if there is any value available

Another way to check is on the Federal Savings Bankwhich is currently responsible for administering the fund. You can also call 0800 726 0207 and make an inquiry directly with the operator.

How to request a PIS PASEP withdrawal?

If you've checked and seen that you have an amount available, great! Now the next step is to find out how to withdraw this money. There are a few ways to do this, depending on the amount available and your bank account:

1# Through the FGTS app: if the amount is up to R$ 3,000, you can request a withdrawal directly through the app and the money will be paid into your account within a few days.
2# Box Has: Another option is to use the Caixa Tem app, if the amount is linked to that system.
3# Caixa branch: if you prefer to go in person or if you are an heir, go to a branch with your documents in hand.
4# Credit in a Caixa account: if you already have an account with Caixa, you can apply for credit directly there.

If the amount exceeds R$ 3,000 or if there are any discrepancies in the data, you may need to present documents in person at the branch. In the case of heirs, it is always necessary to bring documentation proving entitlement to the withdrawal.

Why does this money remain idle for so long?

Many people don't even know they have this right. After all, it's been more than 30 years since their last contribution to the fund. Those who worked at the time and then changed professions, retired or didn't even hear about the benefit, simply never looked for it.

What's more, since the government doesn't notify the beneficiaries, this money remains idle, waiting for someone to request it. The problem is that if the money is not redeemed, over the years it could be returned to the public coffers.

In other words, the sooner you make the appointment, the better. Don't wait for someone to tell you.

What are the risks of not cashing out?

The biggest risk is permanent oblivion. Over time, the value can be lost. And that goes for heirs too. If no one makes a withdrawal request, the money goes back to the government.

Another risk is falling for scams. As this subject has gone viral in recent years, many fake websites and messages have appeared promising PIS PASEP redemptions. Therefore, never give out your personal details outside official channels.

Always keep an eye out and only use it:

  • FGTS application
  • Caixa Tem App
  • Official website of Caixa Econômica Federal
  • Face-to-face service at branches

Tips for not letting this money slip away

1# Check with your CPF even if you think you have nothing to receive
2# If someone in your family died and worked between 1971 and 1988, check as an heir
3# Write down the amount, the date of the request and follow the process until release
4# Never click on links received by SMS or WhatsApp from dubious sources
5# If in doubt, go in person to the nearest Caixa branch

This money can be a relief for many people - whether it's to pay off debts, help with household expenses or simply to save. But you have to take the first step and make an inquiry.

April 13th, 2025