The state program "Maternity Capital" is aimed at providing financial support to families with two or more children. The size of maternity capital is indexed by the state annually.
The procedure for indexing maternity capital
The "Maternity Capital" program has been operating on the territory of 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 the certificate was received for the second child, it is no longer possible to issue it for the third child.
At the time of the implementation of the program in 2007, the initial size of the 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 directed to a limited and strictly established range of directions by law. For example, for the education of children, improvement of housing conditions, etc. The FIU is responsible for payments of maternity capital.
In order for maternity capital not to depreciate over the years, the law provides for its annual indexation. Its size is determined based on the official inflation rate. The amount of indexation is spelled out in the federal budget for the current financial 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 rubles);
- 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 rubles)
Thus, during the program, the size of the maternity capital increased by 1.5 times.
The FIU must inform the owner of the change in the amount of maternity capital before September 1.
It turns out that if a family received a certificate in 2007 and did not have time to spend it until 2014, it becomes the owner of not 250 thousand rubles, but 429 thousand rubles, i.e. 171.76% more. According to the legislation, when indexing maternity capital, the certificate does not need to be changed. The amount of maternity capital will be determined on the date of disposal.
Naturally, if the maternity capital has already been used in full, then it is no longer subject to indexation.
The procedure for indexing partially used capital
The main questions regarding the use of maternity capital arise from those who managed to partially spend it. It is important to note that in this case, the remainder is indexed in the same order. Based on the current legislation, the amount of maternity capital is reduced by the amount of funds used as a result of its disposal.
For example, having received a certificate in 2007 in the amount of 250 thousand rubles, 50 thousand rubles. the family managed to spend on improving their living conditions. Thus, the remainder amounted to 200 thousand rubles. It is he who is subject to annual indexation. So, the balance of maternity capital in 2008 changed by 10, 5%. Accordingly, it was = (200,000 * 10.5 / 100 + 200,000) = 221,000 rubles.
