Glossary

FGCT

Published 8 November 2026, 22:31
FGCT — Fundo de Garantia de Compensação do Trabalho (compensation guarantee fund)

A state fund that pays half of the statutory compensation for dismissal or the end of a fixed-term contract if the employer has not paid it. It covers contracts signed on or after 1 October 2013 (Lei n.º 70/2013).

Where you come across it. The employer has not paid redundancy compensation.
Employers' contributions to the fund are suspended until the end of 2026, but the fund still pays workers.