The Ministry of Labor and Social Protection yesterday published some data on the budget of the Russian Pension Fund for 2021. Among other things, the Pension Fund will spend 8.4 trillion rubles on pension payments, and another 425 billion rubles on EDV for federal beneficiaries. In total, up to 43 million people can expect increased payments, and the bulk of them - recipients of old-age insurance pensions - will receive an average of 17,443 rubles per month (instead of 16,500 this year).
But now we will not talk about pensions, but about another part of the work of the Pension Fund - namely, maternity capital.
The amount of maternity capital in 2020
In 2020, the amount of maternity capital was fixed at 453,026 rubles, and did not change over the next four years. And in 2020, for the first time in a long time, the amount increased - now married couples with two or more children can count on receiving 466,617 rubles, the size of maternity capital has thus increased by 13.5 thousand rubles.
The funds on the issued certificate are not enough to purchase, for example, a one-room apartment. Moreover, this amount is essential for making the first payment on the mortgage or for paying off the main body of the loan.
However, the fact that there are not enough maternity capital funds to purchase an apartment does not mean that there must be a lot of personal savings. After all, it all depends on the city in which the housing is purchased and on the cost of the property.
Already now, potential buyers, having personal savings of one hundred to two hundred thousand rubles, are becoming the owners of a 1-room apartment in the Harmony residential area, 9 km from Stavropol. Such an investment is practical and profitable for residential purposes and as an investment.
Under what conditions is this possible?
Let's look at this process using the example of one of the companies that provides the opportunity to purchase living space using maternal capital. offers consumers several options for indexing the amount of money .
This increase depends on the size of the purchased residential premises and its location in one of the company’s facilities under construction.
The resulting mass of money can exceed the initial one by 3 times - everything will depend on the type of coefficient applied to it.
More consumer-friendly mortgage rates could be an added bonus.
Thus, the minimum increase factor according to the company in question will be 1.18, and the amount of capital will be almost 537,000 rubles.
The maximum possible is 2.43. In this case, the company offers to cover almost the entire cost of housing with the funds received , increasing their size to 1,101,076 rubles.
Please note: each construction company offers its own conditions when using this method. It is worth carefully studying the text of the concluded contract so as not to encounter difficulties in the future.
Indexation of maternity capital
The amount of maternity capital has increased by 81 percent since 2007 and until the end of 2020 amounted to 453 thousand rubles. As you can see from the graph below, the four years from 2020 to 2020 the amount of maternity capital was “frozen” and did not change. Maternity capital indexation has resumed since 2020, and this process has been introduced as a mandatory element of the program of the national project “Demography”. Now families with two or more children will receive payments increased by 3.8% - 466 thousand 617 rubles.
Let's look at the indexation of maternity capital on the graph, or in other words, how the amount on the certificate increased over several years.
The change in the size of the motherboard is intended to compensate for the increase in prices for goods and services.
The indexation chart of maternity capital clearly shows that at first the indexation significantly exceeded the inflation rate. Somewhere from 2010, the annual increase in the amount of funds on the certificate became not as significant as before - within two to three tens of thousands of rubles.
Indexation of maternity capital after receiving monthly payments
Since 2020, families with less than 1.5 times the subsistence level per person - the minimum level of income required to ensure a certain standard of living in Russia - have been given the right to receive monthly payments from maternity capital.
Payments are due until the child turns 1.5 years old; from 2020, the age threshold has increased to three years. How much money will be provided to parents depends on the region in which the couple and children live. As a general rule, the size of a one-time payment coincides with the cost of living of a child in a given region for the 2nd quarter of the previous year. Thus, in the Stavropol Territory, the cost of living per child in the second quarter of 2019 was 9,843 rubles. It is worth remembering that the amount of the lump sum payment is constantly updated, so it is customary to write an application for the issuance of funds annually.
Many of those who take advantage of this opportunity are interested in the question of whether maternity capital is indexed after receiving lump sum payments.
According to the law, planned growth of funds is carried out regardless of the provision of payments. For example, if in 2020 a family received 25,000 in cash from maternity capital, 428,026 rubles remained unused. This remainder is indexed.
What other innovations are expected regarding maternity capital?
From April 15, 2020, the provision of a certificate for maternity capital is carried out automatically - upon the birth of a child
. This service was the first to be provided proactively. Now, data on the birth of a child is received by the Pension Fund from the civil registry office through a system of interdepartmental interaction, and after additional verification, the Pension Fund draws up a document and notifies young parents about it.
Read also: Pensions could be a third higher: Kudrin told how the retirement age was almost raised in 2008 1
In addition, parents have the opportunity to apply for maternity capital on their own, and the period for completing the document has been reduced from 15 to 5 days
.
All other proposals for reforming the maternity capital system so far remain only ideas - for example, the Ministry of Industry and Trade wanted to allow capital to be spent on buying a car, and one of the governors wanted to spend capital on food. The only relief is that maternity capital is allowed to pay for a private kindergarten operated by an individual entrepreneur (IP).
Maternity capital still
, and for any transaction similar to cashing out, you can be held liable, even criminally.
In addition to maternity capital, after the birth of the third child in 2019 and later, the family receives the right to a one-time payment of up to 450 thousand rubles to repay the mortgage loan. The government plans to expand the range of loans for which such a payment can be received (including for housing with finishing, and for loans with insurance).
Latest news and changes
We invite you to find out what is changing in the law with the onset of 2020.
| 1. | Indexing |
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| 2. | Monthly payments |
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| 3. | Child's age |
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| 4. | Format |
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Preschool education, child care and supervision
One of the areas where maternity capital funds can be invested by law is preschool education. However, before the changes were made, it was possible to pay for a kindergarten or nursery after three years from the date of birth of the second (third and subsequent) child. Now this rule has been canceled. The right to dispose of funds arises after two months from the date of its acquisition, that is, almost immediately after the birth of the baby.
In this case, placement of the child in a non-budgetary preschool educational institution is allowed. Or payment for the services of a child development center. The only thing that is important is that the organization has a document confirming the right to provide this type of service.
Mortgage on preferential terms for families with two or more children
The government allowed families with two (three or more) children born between 2020 and 2022 to take out a mortgage and pay off the debt with maternity capital. Now you don’t have to wait until your child reaches three years of age. Also, unlike other categories of borrowers, holders of maternity capital can count on a preferential interest rate of 6% per annum. When it comes to choosing housing, the government makes virtually no restrictions - you can choose secondary or primary housing, conclude a deal on shared housing, or invest in building a house. You cannot only purchase dilapidated housing, since in this case we are not talking about improving living conditions.
Even more news on the topic
Among other innovations, it is also worth noting the extension of the family capital program until December 31, 2021. This is good news for young families, and, as mentioned above, the indexation of maternity capital will resume, which means there is a greater likelihood of solving the housing issue.
Please pay attention! State support is not intended for young families whose second or subsequent child was born before January 1, 2007. Also, persons who are not citizens of the Russian Federation do not qualify for the program.
Is it possible to increase the amount of state support on your own?
The text of the legislatively established norms does not contain instructions on how a citizen can independently increase the monetary support received by him.
Actually, it is impossible to transfer your own funds to the account in which the main amount is contained.
But this amount can be significantly increased if you decide to use it to improve your living conditions .
Some construction companies, when contacting them, offer citizens to increase the amount of capital by 2 times or even more.
The size of the increase depends on the specific conditions offered by the company. This can be called a kind of income from maternity capital.
What can you spend maternity capital on?
The scope of application of the maternal certificate has been expanded, and now this is where state support funds can be sent:
Let us describe each of these five points in more detail.
Investing in residential real estate:
- purchase of premises suitable for living, a house or apartment;
- construction of a cottage through the services of a contractor;
- independent construction or restoration of residential premises;
- reimbursement of construction costs or reconstruction of the appearance of a destroyed residential building;
- making a down payment on a mortgage;
- payment of the main body of the mortgage loan;
- transfer of money for the purchase of housing under an agreement of shared participation in construction;
- transfer of funds as a participant in housing, housing and construction savings cooperatives.
A prerequisite for purchasing housing is its location on the territory of the Russian Federation.
Education:
- funds from indexed maternity capital can be used to receive educational services at an accredited institution of higher, secondary and preschool education located within the Russian Federation.
You can pay for the education of any child, including adopted ones. One condition: the child’s age should not exceed 25 years at the start of training.
Formation of the funded part of the labor pension for women:
- all or part of the family capital can be invested in the funded part of the labor pension. The savings portion remains in the person’s account and is usually invested.
Receiving a monthly payment from maternity capital funds for low-income families.
Parents who have had a second baby since January 1 can apply. 2020 How to calculate?
- Add up family income for the last 12 months;
- We divide this amount by 12;
- Next, we distribute this value by the number of family members, including the newborn baby;
Compare. Is the calculation result less than 2 times the cost of living? This means you can safely apply for payment assignments.
Maintenance of disabled children:
- Certificate funds can be used to pay for services and goods related to the social adaptation of disabled children immediately after receiving the document, without waiting for the child’s third birthday, with whose birth the right to state support became available.
The procedure in this case is as follows: first, the family applies to a medical and social examination institution and receives there an individual rehabilitation program for the child with a list of goods and services he requires. Then parents buy the necessary goods and services, making sure to request cash documents. Next, the family applies to the Pension Fund branch (the request can be submitted either in person or on the Pension Fund or State Services websites) with a request to compensate for the expenses incurred.
Who has the right to maternity capital?
According to the law, the following Russian citizens have the right to maternity capital, regardless of their place of residence:
- women who gave birth or adopted a second child since January 1, 2007;
- women who gave birth or adopted a third child or subsequent children starting from January 1, 2007, if they had not previously enjoyed the right to maternity capital;
- men who are the sole adoptive parents of the second, third child or subsequent children and who have not previously enjoyed the right to maternity capital, if the court decision on adoption entered into legal force starting from January 1, 2007.
- women who gave birth (adopted) their first child starting from January 1, 2020;
- men who are the sole adoptive parents of the first child, who have not previously exercised the right to additional measures of state support, if the court decision on adoption entered into legal force starting from January 1, 2020.
Regional maternity capital
In addition to the federal maternity capital program, there are also family support programs at the regional level. To be more specific, only a few entities provide financial assistance to couples with children, expanding their opportunities to purchase real estate or resolve other pressing issues within the framework of the relevant legislation. In this case, the conditions for receiving benefits, the amount of funds allocated and options for investing them depend on the decision of the regional authorities.
Regarding the areas of use of funds, it should be noted that regional authorities allow the use of regional maternity capital for the rehabilitation of disabled children. For this money, you can also carry out treatment in specialized medical centers, where high-tech methods of therapy are provided.
As for the Stavropol Territory, unfortunately, regional maternity capital does not operate. It has been canceled since the beginning of 2016.
Registration of maternity capital
So, you have a second child, which means it’s time to think about applying for a state subsidy.
What stages must you go through to receive the long-awaited benefit:
- Issue a birth or adoption certificate for a child;
- Wait until the child is granted Russian citizenship;
- Write an application to receive maternity capital and, together with the rest of the “necessary papers,” provide them to the specialists of the pension fund management;
- After waiting for a positive decision from the pension fund management specialists, receive a certificate.
The application can be submitted without leaving home, using the electronic services of the Pension Fund of the Russian Federation.
Then you can think about where it is profitable to invest your money.
How is the already registered maternity capital for which the certificate was obtained indexed?
The actual amount of maternity capital may not correspond to the amount indicated on the paper certificate. The issued document merely certifies the right to receive maternal capital. If a family received a certificate, for example, in 2014, and decided to use it in 2019, then the specified amount in the certificate will be recalculated. In other words, 429,408 rubles should turn into 453,026 rubles. Indexation will be carried out after applying to the Pension Fund with an application for the use of maternity capital.
Question answer
Is it possible to use maternity capital partially?
