Matcapital is considered a popular measure of support for families. Based on this program, families in which the second baby is born can issue a special certificate. It can only be directed to a limited number of targets. 453 thousand rubles are issued for it. Such a benefit began to operate in 2007. It was introduced for a limited amount of time, but it was regularly renewed. How long does maternity capital last? The last time it was extended until 2021. At the same time, certain changes were made to the rules for using the benefits.
The nuances of extending the program
The program was introduced in early 2007. Its main purpose was to increase the birth rate, and statistics show that such a benefit had a positive effect on this indicator in the country. The term of the maternity capital was regularly postponed, therefore, certificates will now be issued until 2021.
Both people who have given birth to children and official adoptive parents can participate in the program. Renewal is considered significant for every Russian family, as statistics show that citizens really improve their lives at the expense of state funds.
Legislative regulation
The program comes into force after signing or amending the relevant law. The use of maternity capital is described in Federal Law No. 256. Initially, it was indicated that families can use money only in the form of a single amount for a limited number of purposes, but changes were made regularly, so families can make additional payments.
Now all people with the appropriate certificate can receive monthly payments for a child who is not yet 1.5 years old. In addition, special subsidies are given to large families.
Who can arrange?
The law clearly states who can become the recipient of the certificate. Maternal capital was extended until 2021, but it remained unchanged that the following citizens could receive it:
- women who gave birth to a second baby;
- men who are the guardians of the babies, but the last minor must appear in the family before 2007, and the children should not have a mother and the father should not be deprived of his parental rights;
- father of children, if the mother has died or lost parental rights to children;
- children under 18 years of age, studying full-time in different universities, if parents lost their rights or died.
Thus, different citizens can become the recipient of such support from the state, depending on the situation. Until what year is maternity capital provided? The program was extended until 2021, but most of the conditions remained the same.
What is the payout amount?
In 2007, when this privilege was only introduced, only 250 thousand rubles were granted under the certificate. for a limited number of purposes. At that time, this amount was considered quite large, so it was effectively used to improve the living conditions of citizens. It was possible to use the funds only after the child was 3 years old.
They even touched on the size of the change in maternity capital in 2018, therefore, now under the certificate 453 thousand rubles are provided to families. But at the same time, indexation was frozen, so until 2021 this amount will remain unchanged.
What is the money spent on?
Money offered on matkapital can be used only for a limited number of purposes. The main condition is that funds in cash are not issued into the hands of certificate holders, but exceptions are payments up to 1.5 years. Different methods for cashing money are illegal, so citizens who use these fraudulent schemes are prosecuted, and in any case must return the money to the PF.
According to the state program, maternity capital can be used for:
- improving the conditions in which the family lives, for example, buying an apartment or a house, erecting a house on your own or with the help of a construction company, as well as reconstructing it, and it is allowed to use a mortgage loan, since with the help of state funds a partial repayment of the loan or its execution is made, therefore money acts as a down payment;
- payment for the education of children in kindergartens, schools or professional higher institutions;
- increase in mother's pension, therefore, payments after women retire significantly increase;
- assignment of monthly benefits up to 1.5 years;
- if the family has a disabled child, then it is allowed to use the means to purchase various equipment and other elements for its social adaptation.
If the capital is used for education, then it can be used to pay for various educational services, a kindergarten, a nanny, or a child in a hostel, if necessary. Until what year will maternity capital in Russia be assigned to families? The program was officially extended until 2021.
How are funds spent on improving living conditions?
Most often, money is sent for a certificate to improve family life. The law on the extension of the maternity capital program contains conditions under which it is possible to use money for these purposes. These include:
- payment for housing partially or in full, and it can be represented not only by an apartment or a house, but also by a room in a hostel;
- repayment of an already issued mortgage;
- registration of a mortgage loan, and under such conditions, the capital is usually used as a down payment;
- home construction;
- reconstruction of the residential building, but this process must certainly lead to an increase in the living space of the building.
All work can be carried out independently or with the assistance of a construction company. Preliminary estimates are required, according to which funds are transferred from the PF. Funds are transferred to the account of the construction company.
Certificate holders who are engaged in construction on their own can only rely on compensation, so they are required to initially spend their money and later receive compensation, but this requires checks and other payment documents to confirm the spending of funds.
A prerequisite is the need for registration of real estate not only for adults, but also for all children.
Can I get monthly payments?
Until 2018, it was impossible to receive any monthly payments from the capital. Only in 2015, certificate holders could issue 20 thousand rubles at a time, and in 2016 another 25 thousand rubles were allocated.
In 2017, the Federal Law No. 418 was adopted, on the basis of which it is possible to receive monthly allowance for families at the expense of the capital. This is especially considered relevant for low-income families.
Funds are paid only for the child for whom the certificate is issued. They are appointed until the baby is 1.5 years old. Count on these funds can families with low income, which does not exceed 1.5 times the size of the subsistence minimum established in a particular region. Many parents wish that such payments be extended up to three years, since in the period from 1.5 to three years, only 50 rubles are assigned to the baby. per month, which is considered too small a payment to be able to provide the baby with everything necessary for optimal development.
The nuances of regional programs
In some regions, mother capital is offered by local authorities. Regional maternity capital programs are significantly different from federal incentives. Not very significant amounts are offered for them, but they can be issued in cash.
You can use the funds for different purposes. Most often, such regional benefits are provided when a third child appears in the family.
To what year did maternity capital be extended? The federal program was extended until 2021, but the regional authorities independently decide how long their regional programs will operate.
How to get a certificate?
Each family entitled to this benefit can apply for a certificate immediately after the birth of the baby. The term of the maternity capital has been extended, so families can receive the document until 2021. Only if this document is available can you use funds from the state for different purposes. To issue a certificate, the following steps are performed:
- appeal is required to the PF;
- for this, an application, an applicant’s passport, a birth certificate of children and an extract from the house book are prepared;
- documentation is handed over to employees of the selected branch of the Pension Fund;
- documents are considered within 30 days;
- then, within 5 days, the parents receive a response, and if it is positive, then a certificate is issued;
- if there are reasons for refusal, then parents will be notified in writing.
If it is not planned to use maternity capital to repay or arrange a mortgage loan, then it will be possible to use the funds only 3 years after the birth of the baby. Such conditions guarantee that people will give birth to children not only for processing payments.
If the children were adopted, then an additional confirmation of this fact is required. If the father applies for the document, then he must have a mother’s death certificate or a document confirming that she was deprived of her rights to children. A woman may also have permission to have the father of the kids do the paperwork.
The legislation does not have clearly defined terms during which it is necessary to apply for a certificate after the birth of a second baby. Therefore, parents independently decide when it is advisable for them to contact the PF for a document.
Pros of using mothercapital
This program is considered popular and effective. Therefore, Putin extended the maternity capital program until 2021. The positive parameters for the use of funds from the state include the following:
- there is an opportunity to improve housing conditions;
- no fees are required to issue a certificate;
- funds are not spent on unnecessary goals, therefore improving the life of the family is ensured;
- the main goal of support is children, so money should be spent in such a way as to provide a better life for the kids.
The disadvantages include the fact that there are a limited number of goals for which it is allowed to spend public funds. People cannot buy a car or rely on other major purchases. Changes were made to maternity capital in 2018 that affected the duration of the program, so it can be expected that by 2021 other adjustments will be made, based on which the number of goals for which it will be allowed to spend funds will be increased.
What does freezing uterine capital mean?
Back in 2016, it was decided to stop indexing the capital. The process was suspended until 2020, so the size of this benefit remains unchanged. It is equal to 453 thousand rubles, so many people try to use the certificate as quickly as possible so that inflation does not reduce the value of this amount in a few years. This is a definite drawback of the maternity capital program. What year will the amount be frozen? It is planned that indexation will be resumed from 2020.
Until this time, each family that has issued the certificate correctly can use it for any purposes specified in the legislation.
How long can I spend money?
Many people think about how long their maternal capital should be used for their intended purpose. The law clearly states that the certificate provided does not have any limited validity period, so you can use the money for various purposes until all funds on the account have been used up.
The state undertakes that even after the end of the program, funds under the certificate will be provided for appropriate purposes. To use the money you need to write a statement to the PF, which indicates the need to dispose of the funds under the certificate.
Due to the provision of capital, a huge number of families registered a mortgage or began the construction of a private residential building. Therefore, this measure of support is considered unique and necessary for the country.
Will the program be extended after 2021?
Almost every Russian family is interested in the question, until which year the maternity capital was extended, and will the program be extended further? So far, there is no information about what decision will be made by state authorities in 2021.
But now it is assumed that the program will be extended again in the same form. Some officials argue about the need to abolish the capital, as the state simply does not have funds for these purposes. Also, certain experts suggest that such a program will be radically changed, and adjustments will be made precisely for those purposes for which it will be possible to direct funds received under the certificate.
Matcapital is considered a popular and effective government program that targets families with two or more children. You can use the funds immediately after the birth of a child to improve housing conditions by registering a mortgage loan. In other cases, you will have to wait three years to be able to channel funds for different purposes.
Until what year was maternity capital extended? Families until 2021 can use it. At the same time, additional opportunities for spending money were introduced. But at the same time, indexation was canceled, so until 2020 the amount of capital remains unchanged, which leads to the fact that many owners of this document try to use it as intended as soon as possible so that the value of the available amount does not decrease due to high inflation.