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Children's benefits will grow in Russia - EastRussia | Far East






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Children's benefits will grow in Russia

Children's benefits will grow in Russia

Starting from 2020 in Russia, the average monthly payment for the first and second child will change. It will grow to 12 thousand rubles, which means that at the birth of the first or second child in three years the family will receive support in the amount of almost 430 thousand rubles.

The budget of the federal project “Financial support for families at the birth of children” will increase by 24,3%. It provides for monthly payments for first-born children, in the case of the birth of a third child or subsequent children, maternity capital benefits and preferential mortgages for families with children.

According to the press service of the Ministry of Labor of Russia, in 2020, the total amount of funds for the implementation of the federal project will amount to 527,9 billion rubles. This is due to the extension of the period for the payment of monthly benefits for the first and second child from one and a half to three years.

Families in which the average per capita income will not exceed twice the cost of living approved in the territory of the subject can apply for a monthly payment for the first or second child. Now the benefit applies only to families whose income does not exceed 1,5-times the cost of living.