Glossary entry (derived from question below)
Portuguese term or phrase:
movimentação de FGTS
English translation:
employee\'s severance indemnity fund withdrawals
Added to glossary by
Lilian Magalhães
Jan 12, 2012 02:25
12 yrs ago
11 viewers *
Portuguese term
Brazil
Experienced and reliable translator
Native in: Portuguese 
Works in: English to Portuguese, Spanish to Portuguese, Portuguese to English
movimentação de FGTS
Portuguese to English
Law/Patents
Law: Contract(s)
contrato social
Despedida e punição de empregados, liberação e movimentação de FGTS e outros previdenciários, quitações e rescisões trabalhistas, representação perante entidades sindicais, previdenciárias e órgãos do Ministério do Trabalho;
Proposed translations
(English)
| 4 +1 | employee's severance indemnity fund withdrawals |
vertebem
|
| 4 +1 | redundancy fund wthdrawals |
Martin Riordan
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Proposed translations
+1
7 hrs
Selected
employee's severance indemnity fund withdrawals
redundancy payment is being dismissed due to excess of personnel; it does not exist in Brazil. FGTS is to indemnify the employee unfairly dismissed by the employer in Brazil.
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Note added at 7 hrs (2012-01-12 09:59:28 GMT)
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Sorry: redundancy payment is for being dismissed...
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Note added at 7 hrs (2012-01-12 09:59:28 GMT)
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Sorry: redundancy payment is for being dismissed...
4 KudoZ points awarded for this answer.
Comment: "thanks"
+1
1 hr
Martin Riordan
Brazil
Brazil
Native in Portuguese
&
English
Specializes in field
Brazil
Brazilian lawyer - 40+ years in Brazil
Native in: English (Variants: Canadian, New Zealand, Scottish, British, UK, Irish, US, Australian) 
, Portuguese (Variants: European/Portugal, Brazilian, Mozambican, Angolan)
Works in: Portuguese to English, English to Portuguese, English, and 1 more.
Related KudoZ points
:
218
redundancy fund wthdrawals
FGTS - Fundo de Garantia de Tempo de Serviço. It is a redundancy fund held in the employee's name by the Caixa Econômica Federal to which the employer contributes 8% of the employee's gross salary per month. The employee can access the money if he is made redundant or in some other circumstances. "movimentação" would refer to withdrawals, as the only other "movimentação" is the monthly deposit by the employer.
Peer comment(s):
| agree |
Denis Paolillo
: withdrawals are allowed if you are fired, if you have a terminal disease (there's a list), if you're buying real state and when you retire. There are some exceptions in which the giv may allow withdrawals.
6 hrs
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Thanks, Denis!
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