The state program "Maternity Capital" aims to provide financial support to families with two or more children. Each year, the amount of maternal capital is indexed by the state.
The procedure for indexing maternity capital
The Maternity Capital program has been operating in the Russian Federation since 2007. All women who have given birth to a second child after 2007, as well as men who have adopted a second and subsequent child, have the right to receive it. Maternity capital can be issued only once. So, for example, if a certificate was received for a second child, it is no longer possible to apply for a third child.
At the time of the introduction of the program in 2007, the initial amount of maternity capital was 250 thousand rubles.
It is worth noting that maternity capital is not cash, but a state certificate with a fixed value, which can be sent to a limited and strictly specified range of directions in the law. For example, on the education of children, the improvement of housing conditions, etc. The FIU is responsible for the payment of maternity capital.
To ensure that maternity capital does not depreciate over the years, the law provides for its annual indexation. Its size is determined on the basis of the official inflation rate. The size of indexation is prescribed in the federal budget for the current fiscal year.
Since 2007, the size of the indexation has been as follows:
- 2008 - + 10.5% (up to 276, 250 rubles);
- 2009 - + 13% (up to 312 162 rubles);
- 2010 - + 10% (up to 343, 378 p.);
- 2011 - + 6.5% (up to 365 698 rubles);
- 2012 - + 6% (up to 387, 640 rubles);
- 2013 - + 6% (up to 408 960 rubles);
- 2014 - + 5% (up to 429, 408 p.)
Thus, during the program, the amount of maternal capital increased by 1.5 times.
The FIU must inform the owner of the change in the amount of maternal capital by September 1.
It turns out that if the family received a certificate in 2007 and did not have time to spend it before 2014, it becomes the owner not of 250 thousand rubles, but 429 thousand rubles, i.e. 171.76% more. According to the law, when indexing maternal capital, the certificate does not need to be changed. The amount of maternity capital will be determined at the date of disposal.
Naturally, if maternity capital has already been used in full, then it is no longer subject to indexation.
