Maternity capital is a government program designed to provide support to families. Russian citizens who have a second child can count on it. Undoubtedly, the creation of such a program served as an impetus to the fact that the country's population is not afraid to give birth to a second or third child. However, the program does not stand still. It is constantly updated and supplemented. In order to properly use capital funds, you need to know and understand what “Maternity capital” is? Where can it be sent? And what changes have occurred for 2018?
Maternity capital indexation in 2020 - latest news
As follows from the draft main characteristics of the Pension Fund budget for 2019 and the planning period of 2020 and 2021, the amount of maternity capital from January 1, 2020 will be increased from 453,026 to 470,241 rubles. Thus, the indexation of maternity capital in 2020, according to the latest news, will be adjusted to the inflation rate.
According to RBC, which has a draft “pension budget” at its disposal, the transfer of the federal budget to the Pension Fund for the provision of maternal capital in 2020 will amount to 440 billion rubles, in 2021 - 451 billion rubles.
Let us remind you that the amount of maternity capital is not indexed and is actually “frozen” since 2020.
Mortgage at 6% per annum
From January 1, 2020, new rules for obtaining a mortgage will come into force. According to the Decree of the President of the Russian Federation, families in which a second or third child was born will be able to obtain a mortgage at 6% per annum . Moreover, they will have access to an apartment on the primary market, i.e. in new buildings.
If the family already has a mortgage loan and has a second and subsequent children, then it will be able to refinance the loan under new conditions.
The period of state mortgage subsidization will be 3 years, and in families with a large number of children 5 years. For this period, mortgage rates above 6% will be paid by the state. The Government of the Russian Federation has been entrusted with developing a preferential mortgage program.
Such measures have already found a positive response among the country's population. Thanks to this reaction from the leadership, many families will be able to buy housing, pay for their children’s preschool education, and count on additional financial support.
How are benefits paid from maternity capital funds?
The main changes to the procedure for receiving maternity capital funds introduced by the Federal Law “On Monthly Payments to Families with Children” are to provide the opportunity to receive monthly payments in the form of benefits from maternity capital funds for the second child. You can spend the money paid in the form of benefits for your second child for any purpose. A family applying for payments must meet the following conditions:
- the parents (adoptive parents) of the child are citizens of the Russian Federation permanently residing in the country;
- the child was born (adopted) after January 1, 2020 and is a citizen of the Russian Federation;
- The average per capita family income should not be more than 1.5 times the subsistence level in the region of residence of the family for the second quarter of the year preceding the application (in accordance with paragraph 2 of Article 4 of the Federal Law of October 24, 1997 “On the subsistence level in the Russian Federation”) Federation");
- availability of a maternity capital certificate for the recipient of the payment.
The amount of payment for the second child is deducted from the maternity capital funds, and accordingly, its size becomes smaller. If the maternity capital amount is exhausted, payments stop. Thus, receiving payments for a second child is a new way to manage the amount of maternity capital in 2020. The changes will be valid until December 31, 2021. The same date is the answer to the question of whether maternity capital will be extended. The payment amount is equal to the subsistence minimum for children. Money is paid from the date of birth if the application is submitted within six months after it, and if later - from the date of submission of the application.
Cashing out maternity capital - how are fraudsters judged?
How can you use maternity capital funds?
The question of how and when to use maternity capital funds concerns not only every certificate holder. This item is constantly being considered by the government of the country.
| Year of consideration | What changed | Note |
| 2007 | You could only spend:
| Later, it was decided to use funds to repay previously issued mortgage loans. |
| 2009 – 2010 | It was decided to provide citizens with a one-time payment from maternity capital in the amount of 12,000 rubles. | Anti-crisis measure. |
| 2011 | A decision was made to allocate maternity capital funds for the reconstruction or construction of a house. | Due to the fact that such work had to be carried out by the residents themselves, the funds were transferred to the personal account of the certificate holder. |
| 2015 | A restriction on one of the conditions for the use of capital funds was lifted. In particular, the owner of the certificate no longer had to wait for the second child to reach the age of 3 years in order to pay the down payment when applying for a mortgage. | Capital funds can only be disposed of when the second child turns 3 years old. |
| 2015 | The Pension Fund provided certificate holders with the opportunity to receive a one-time payment of 20,000 rubles from capital funds. | Anti-crisis measure. |
| 2016 | Certificate holders have the opportunity to allocate funds for the technical rehabilitation of disabled children. | Thanks to this new direction, disabled children have the opportunity to purchase the necessary mobility aids and equipment for treatment. |
| 2016 | Receiving a one-time payment of 25,000 rubles | Anti-crisis measure |
New proposals on where else maternity capital can be directed are constantly coming to the government. However, today the situation looks like this.
Maternity capital funds can only be used for areas established by law:
| No. | Direction | Note |
| 1 | Improving living conditions | It is important that the property being purchased is located on the territory of the Russian Federation and complies with technical and fire safety standards. If the owner of the certificate has left the Russian Federation for permanent residence, then he also has the right to use capital funds to purchase real estate in Russia. |
| 2 | To pay for a child's education | At the same time, paid educational services can be paid for with funds from capital:
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| 3 | To form the funded part of the mother’s pension | Moreover, the pension can be both labor and old age. |
| 4 | For adaptation of disabled children into society | A new direction that can help parents of disabled children offset some of the costs of purchasing goods and services. For example, buying strollers. |
It is important to remember that maternity capital funds can only be used in the above areas. Any other ways of using the certificate funds, including cashing it out, are considered illegal and may result in criminal liability.
How to apply for payment?
Maternity capital in 2020, the amount of which is 453,026 rubles, can be received in the form of payments for the second child on the basis of a citizen’s application for a monthly payment and documents, the package of which is currently not finalized, but an approximate list is given in Appendix 2 to Order of the Ministry of Labor of the Russian Federation “On approval of the procedure for making a monthly payment in connection with the birth (adoption) of the first or second child, the procedure for applying for the appointment of the specified payment, as well as the list of documents necessary for assigning a monthly payment in connection with the birth (adoption) of the first or second child."
The application and necessary documents are submitted at the place of residence, including with the help of a representative, to the territorial body of the Pension Fund of the Russian Federation (can be submitted simultaneously with the application for a certificate for maternal capital) or through the MFC. Applications and documents will not be accepted after 1.5 years from the child’s birth. After 1 year has passed since the start of receiving payments, it will be necessary to repeat the procedure for submitting the application and documents. Payments are transferred to an account opened with a Russian credit institution.
How to get maternity capital
In order to receive maternity capital, you must contact the branch of the Russian Pension Fund at the recipient’s place of registration.
The appeal can be either personal or through a proxy. In this case, the representative must have a notarized power of attorney.
Undoubtedly, with the birth of a small child, mothers do not have time to visit offices, much less wait in lines. For such cases, our country operates the Gosuslugi portal, which has proven itself to be excellent. Every day the number of users of this portal is growing. You can submit an application to the pension fund while sitting at home. And visit the department on the appointed date.
To obtain a certificate you will need the following package of documents:
- Application for maternity capital;
- Passport of a citizen of the Russian Federation;
- Birth certificates of all children; In case of adoption - adoption certificate;
- A document confirming that the children have Russian citizenship. These may be stamps, or certificates from the migration service, etc.;
- Documents confirming the registration of the children's legal representative or proxy.
This package of documents is standard. In some cases, the fund may request additional information. For example, in the event of the death of parents or adoptive parents, it is necessary to provide a death certificate, etc.
The pension fund satisfies almost all applications for a certificate. Refusal without compelling reasons is impossible.
The period for consideration of the application for receipt is one month. During this time, the department checks the documents and makes a decision. After approval, the pension fund is obliged to notify the recipient of the decision within 5 working days and set a date for issuing the certificate.
Once the certificate is in the hands of the applicant, he has the right to direct capital funds for purposes established by law.
What documents are submitted along with the application for payment?
An approximate list of documents submitted along with an application for a monthly payment in connection with the birth (adoption) of a second child includes the following:
- the name of the territorial body of the Pension Fund of the Russian Federation to which the application is submitted;
- last name (received at birth), first name, patronymic of the applicant and child;
- date of birth of the applicant and the child;
- information about the identity document;
- information about the place of residence based on a document confirming registration at the place of residence;
- information about the applicant’s representative, including passport data and power of attorney data;
- information about the existence of the fact of deprivation (non-deprivation) of parental rights in relation to the applicant’s child, the adoption (non-acceptance) of a decision to cancel the adoption of the child (children), to select the child (children));
- information about the existence of the fact of committing (non-committing) an intentional crime against the person in relation to the applicant’s child (children);
- information about the applicant’s family income;
- details of the applicant's account opened with a Russian credit institution;
- list of attached documents.
Remember the nuances
- Maternity capital cannot be cashed out. It is provided by the pension fund and, at the request of its owner, is transferred by bank transfer. It cannot be spent on personal purposes, personal consumer loans, cars, etc. - only on those items that were written above. Any attempts to cash out maternity capital are illegal. What then does a loan for maternity capital mean?
- Previously, it was possible to use maternity capital when the child turned 3 years old, but the program has changed so much that in some cases it is possible to spend funds without waiting for this age, for example, child care in preschool institutions, as well as paying the first installment on a mortgage and paying part of the funds .
- Maternity capital can belong to a spouse, adoptive parent, and even a minor child.
- The right to maternity capital is expressed in the form of a state-issued certificate and it is valid only upon presentation of a passport. In some cases, also upon presentation of a marriage certificate.
- Maternity capital is issued once in a lifetime. Its main task is to help young families in the form of improving living conditions, paying for a child’s education, social adaptation of a disabled child or accumulating a mother’s pension. It is not intended and cannot be used for any other purpose.
Latest news and changes
The adopted law also provides for another opportunity to submit an application for the disposal of maternity capital funds from the date of birth of the child, without waiting for the child to reach 3 years of age: to pay for educational services of preschool education. Previously, in this way it was possible to manage only funds to pay the down payment and (or) repay the principal debt and pay interest on loans or borrowings for the purchase (construction) of residential premises, including mortgage loans, as well as for the purchase of goods and services intended for social adaptation and integration into society of disabled children.
From December 31, 2017, it is possible to obtain information in writing or in the form of an electronic document about the amount of maternity capital funds and the balance of funds (Federal Law of December 20, 2017 N 411-FZ).
And on May 31, 2020, Prime Minister Dmitry Medvedev signed a Decree of the Government of the Russian Federation, which allows refinancing, at the expense of maternity capital, credit debt on principal and interest that arose before the birth of the second child or subsequent children giving the right to maternity capital, and after birth.
"Young Family" and "Maternity Capital"
Undoubtedly, the first problem that newlyweds have to face is the housing issue. Unfortunately, only a few can afford to buy an apartment or house with their savings or with their parents’ money. Most young families do not have this opportunity, and they have to decide the issue on their own.
In order for young families to live in normal conditions, raise and raise children, the state decided to introduce a program called “Young Family”. Its validity period is from 2020 to 2020.
The state program is designed to help young families. In particular, they are provided with benefits when purchasing an apartment or house.
The uniqueness of the program is that in different regions of the country, its conditions will differ.
However, there are still general requirements. These include:
- Age of spouses . This condition is one of the most important. According to the provisions, at the time of applying for participation in the program, each spouse must not yet be 35 years old.
- Participants must have a document in their hands, received from the district administration , indicating that the family is considered officially in need. In other words, if real estate is registered in the name of one of the spouses, then the family naturally will not be able to count on subsidies. In addition, the administration is investigating living conditions.
- The level of income of a married couple does not go unnoticed . In order for participation in the “Young Family” program to become possible, spouses must have not only savings to pay the down payment, but also a sufficient level of wages to pay the loan installments.
Thus, after registering in the program, participants receive a certificate indicating that they are entitled to receive a subsidy in the amount of 30% to 35% of the purchase of the purchased home. This certificate is also called “ Housing ”.
Please note that you do not have to have children to take part in the program. Childless couples will receive a smaller subsidy.
The most advantageous situation is for families with two or more children. The thing is that they can have in their hands not only a “ Housing Certificate ”, but also “ Maternity Capital ”, as well as “ Regional Family Capital ”.
As for “Regional Capital”, each corner of the country has its own conditions for receiving and the amount of payments. In many regions, for the birth of a third and subsequent children, they can allocate, for example, land plots for construction. In any case, to obtain such a certificate, you must contact the local administration.
The issue of “Maternity capital” requires more careful consideration. There are a huge number of nuances that should be taken into account not only when distributing funds, but also when using various certificates simultaneously.
