O Labour Compensation Guarantee Fund (FGCT) is an autonomous fund, endowed with legal personality and managed by a Management Board. It is a mutual fund, financed by employers through monthly contributions and intended to give effect to the guarantee granted by the scheme established by the Law 70/2013 of 30 August 2013.

The FGCT will pay the employee the amount necessary to make up 50% of the amount of compensation to which he is entitled following the termination of his contract of employment less the amount paid to him by the employer.