Today, depositors carefully select a bank before depositing, checking its reliability, paying attention to more advantageous offers and conditions. Just a couple of decades ago, such a choice was not provided, and all citizens who had free funds trusted their money to Sberbank. For years, people have been saving money for various needs, someone wanted to raise money so that they wouldn’t deny themselves anything of old age, someone opened an account in the name of children or grandchildren, some wanted to save it to a house or a car. Whatever it was, but in 1991 all hopes collapsed in an instant. Money accumulated over decades has depreciated hundreds of times.
It would be dishonest on the part of the state to leave their people to their fate, therefore already in 1996 compensation was made for deposits. True, they were in no hurry to disclose information about this, so few knew about the payments, and investors born before 1916 could count on money. Now the rules have changed, and deposit compensation is available to all citizens born before 1991.
Taking into account inflation, the government has developed the following payment scheme. Depending on the age of the contributor, Soviet deposits will be doubled or tripled. So, for those who were born before 1945, compensation for deposits in 1991 is tripled, those born in the period from 1946 to 1991 will receive compensation in two times.
Even if the payment has already been made, the depositor has the right to request a recalculation. The initial contribution will be multiplied by two or three. From this amount it is necessary to deduct the compensation already received, and the balance will be issued to the applicant. All this works, if the contribution is valid, if it was closed, then the amount is multiplied by decreasing coefficients. The value of the coefficient depends on when exactly the contribution was closed, the later this is done, the higher its value. In case of deposit closure in 1991,
compensation for deposits is not
payable .
Today, compensation for deposits is provided for their owners, as well as heirs. In the first case, you must contact the Sberbank branch with a
savings book and passport. If the book is lost, you need to write a statement in the bank. If the depositor has died, then compensation for deposits is due to his heir. In this case, you must have a savings book, passport, document confirming the
Russian citizenship of the depositor and a certificate of inheritance.
In addition to Russia, compensation for deposits occurs in other countries that were formerly
republics of the USSR. Lithuania reacted the fastest. About 80% of the privatization proceeds went specifically to the payment of lost money. In Kazakhstan, this problem was solved by issuing bonds. They will be fully repaid for pensioners in 5 or 10 years, and for able-bodied citizens - 15 - 20 years. Armenia plans to fully compensate for the loss of depositors by 2015. First of all, payments are made to the needy and pensioners. Azerbaijan has promised to solve the problem in 10 years. Compensation options are also being considered in Belarus and Moldova, but there are virtually no payments due to lack of money.