What to spend regional maternity capital

Initially, such state support was conceived as a way to increase the birth rate in Russia and carried the targeted nature of use. In other words, regional maternity capital was provided not so much for the child as it should become financial assistance for the family. At the moment, it has an investment meaning and is a "long" money, which improves the financial climate of the country. The acquisition of mortgage housing supports the construction industry, the payment for the education of the child - the sphere of education, the investment of the certificate in the pension fund provides support for social and pension insurance.

The right to regional maternity capital has been given to mothers who have been replenished with a second and more child since the beginning of 2007. The duration of the program is calculated until 2016, and already there is a debate on the sidelines of the authorities about the possibility of replacing it with something like that. But if you allow the use of MSK not as an investment way of investing money, but for everyday needs, then in this case it is better to apply a different mechanism of payments and subsidies. After all, no one will give guarantees that this money will not simply be thrown away by careless parents.

Maternal capital. Conditions for obtaining

Since 2007, payments of parent capital have been made, the amount of which is subject to annual indexing. And today it is 408 thousand rubles. To confirm the right to dispose of this amount, a state document, the so-called certificate, is issued. However, such money can not be spent on everything. About maternity capital there is enough information, but I want to point out once again - it does not give out cash to hands. What is allowed for its use?

Improving the quality of housing conditions

- purchase or construction of housing;

- reconstruction of the house where the family currently lives;

- making an initial mortgage payment;

- repayment of a mortgage loan.

Education of a child

- payment for the services provided by the educational institution;

- payment for accommodation in the student hostel;

- payment for the services of a childcare institution used.

Pension savings system

At the request of a woman who has received a certificate, it can be used as a funded pension insurance program . In this case, you will need to write an application to the territorial body of the RF PF at the place of registration. Further, according to the application to the Pension Fund, the amount is transferred from the federal budget account.

Regional maternity capital is subject to a certain rule, which allows the use of a certificate only after the child reaches the age of three. The exception is payments for the purchase of housing, the reconstruction of a residential facility, as well as repayment of a part of the debt for mortgage lending.

Regional maternity capital is not allowed to be used as a deposit account in the bank, as well as to pay off current debts on the loan or as payment for utility bills.