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Editor2018 (talk | contribs) (Created page with "{{infobox | nameofpractice = Obnalichivanie | flagemoji = 🇷🇺 | definition = The use of fraudulent property transactions to extract money illegally from the Russian mater...") |
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Maternity (Family) Capital (''Materinskii (semeinii) Kapital''), usually referred to as Maternity Capital, is a maternity benefit programme in Russia, introduced on 1 January 2007. It is part of a package of measures introduced by President Vladimir Putin aimed at boosting Russia’s declining birth rate. It provides mothers with a capital sum when they give birth to, or adopt, a second or subsequent child. The capital is not provided in cash; rather, a certificate is issued, to be exchanged for one of several specific services. The claimant’s options to use the capital are the following: | Maternity (Family) Capital (''Materinskii (semeinii) Kapital''), usually referred to as Maternity Capital, is a maternity benefit programme in Russia, introduced on 1 January 2007. It is part of a package of measures introduced by President Vladimir Putin aimed at boosting Russia’s declining birth rate. It provides mothers with a capital sum when they give birth to, or adopt, a second or subsequent child. The capital is not provided in cash; rather, a certificate is issued, to be exchanged for one of several specific services. The claimant’s options to use the capital are the following: | ||
* For the improvement of the family’s living conditions by the acquisition, construction or refurbishment of an individual home, or as an initial payment on a credit or mortgage loan used for the acquisition or improvement of a property; | |||
* As payment towards the cost of the child’s education, including pre-school; | |||
* For the social adaptation of children with disabilities; or | |||
* To pay into an individual pension account for the mother. | |||
The certificate can be changed only after the third birthday of the child, so the payments were made from the beginning of 2010. | The certificate can be changed only after the third birthday of the child, so the payments were made from the beginning of 2010. | ||