• Transfer of maternity capital to mom's pension

    One of the inapplicable purposes of mother capital is its investment in the future pension of the mother. Before making such a decision, the family should weigh all the advantages and disadvantages, learn about the process of transfer and whether this action is reversible.

    Since 2006, in connection with the adoption of Federal Law No. 256-FZ of December 29, 2006, the federal maternity (parental) capital program began to operate, the main purpose of which was to ensure a decent life for Russian citizens and support motherhood.

    According to the terms of this program, since 2007, residents of the Russian Federation, upon adoption or the birth of a second or subsequent children in a family, have the right to receive a certain payment from the federal budget.

    Initially, in 2007, the amount of such payment was set at 250,000 rubles. Every year, its size was indexed, and in 2019 it already amounted to 453,026 rubles.

    You can use the funds received under the parent certificate for certain purposes established by law, and subject to certain restrictions.

    1. The funds received can be used in the following areas:
      • improvement of living conditions;
      • paying for the future education of children;
      • an increase in the level of pensions, in other words, the ability to use all or only part of the maternity capital for the mother's pension;
      • providing families raising disabled people with the opportunity to create conditions for their introduction into society, the purchase of certain goods and services.
    1. The program establishes a direct ban on cashing out money using a certificate. Therefore, payments on it are made by transferring non-cash funds to the seller of housing, a credit institution, an educational institution.
    2. It is possible to spend maternity capital only when the child reaches the age of three. An exception is the case when at the expense of the funds the parents' credit obligations received when purchasing housing or improving housing conditions are paid.

    The law does not establish any restrictions and terms during which certificates must be used, in other words, papers already received can be applied at any time.

    For certificates that were not used before 2015, the state indexed annually, which made it possible to significantly increase the amount of payments.

    Benefits and changes in 2019

    Despite the fact that the disposal of funds in favor of the mother's future pension is not very popular in the Russian Federation, nevertheless, the direction has its advantages:

    1. The mother's old-age pension is being increased.
    2. There is a possibility of increasing the pension at the expense of investment income.
    3. There is an opportunity to increase the compensation received for the time spent on childcare.
    4. Possibility of using funds for other purposes.

    The amount of payments under the maternity certificate in 2019 remains unchanged. Federal Law No. 444-FZ dated December 19, 2016, which entered into force in January 2018, establishes that the amount will remain the same until at least 2020 - 453,026 rubles. Therefore, it will not be indexed until 2020.

    If we take into account the average inflation rate of 10.8%, the amount of capital will depreciate by about 49,000 rubles per year.

    The composition of the pension

    There are several types of pension insurance in Russia:

    • non-state;
    • state.

    In this case, the pension of each person consists of the following indicators:


    • there is no guarantee that the amounts will be indexed;
    • there is a possibility of losses.

    The advantage of the funded part is that it can be inherited. If it is formed at the expense of mother capital, in this case the father (adoptive parent) of the child, the minor himself, can act as heirs.

    3. Voluntary part, the amount of which is formed from the individual's own contributions. According to the law, for each amount of money contributed, the state undertakes to contribute the same amount of its own. The doubling rule applies only if the total amount of money deposited per year is 2000 rubles. Voluntary contributions are allowed to be made by persons whose year of birth is 1966 and later.

    If the maternity capital is contributed to the funded part of the pension, then its size will be significantly increased, and it is already possible to calculate the future amount to be received.

    Not all holders of a maternity certificate use funds to increase their pension and trust this method of investment. The size of the state payment is constantly changing, however, due to its replenishment with mother capital, this amount can be significantly increased.

    Funds allocated to the funded part of the mother's pension can be withdrawn at any time and directed to other purposes. But this must be done before the appointment of pension payments.

    The current legislation does not prohibit the registration of maternity capital for the father (adoptive parent) of the child. He can spend targeted funds in the same way as a mother, with the exception of the desire to use them to form his future pension. This is due to the fact that the named program was developed primarily to support women on maternity leave in the period from one and a half to three years of the child - this time is not included in the total insurance period.

    Order of enumeration

    It is important to mention the requirements for persons who wish to use capital for retirement. After 2015, you can choose to create a funded part if the following conditions are met:

    • the said right is granted to persons employed for the first time and within five years of their activity;
    • other citizens had this right only until the beginning of 2016;

    It is impossible to receive the funded part of the pension for at least another 2 years, due to the moratorium. Federal Law No. 360-FZ of November 30, 2011 establishes several ways to receive capital during pension formation:

    1. Indefinitely, that is, the pension is paid monthly and is calculated based on the expected period of accrual.
    2. Term pension payment. Its duration is determined by the pensioner independently. The term may be 10 years or more. The rest of it will be inherited in the general order.
    3. One-time. In other words, receiving the entire amount of savings, if they are less than 5% of the assigned pension.

    Drawing up an application


    To apply for a certificate for a mother's pension, she needs to contact the nearest branch of the Pension Fund of Russia (hereinafter referred to as PFR) with information:

    • at your place of residence;
    • at the place of his stay, with the application of a certificate confirming the temporary registration.

    List of all submitted documents:

    1. Application for the use of maternity capital, containing:
      • paper details;
      • data of the certificate holder;
      • information about the child, at the birth of which the right to receive an additional payment arose;
      • information about the representative, if the application is submitted with the help of another person;
      • on the chosen method of using the funds;
      • the amount the applicant wishes to use;
      • information that the applicant is not limited in parental rights.
    1. Original and copy of mother's certificate.
    2. Identity document.
    3. SNILS of the person in whose name the certificate is issued.

    Ways to submit documents:

    1. In person when visiting the FIU branch or through a legal representative.
    2. By sending an electronic application on the Internet, for example, through the State Services portal.
    3. By postal direction.

    Within 1 month, the specialists of the Pension Fund study the application and documents on it, and issue:

    1. A positive decision to transfer funds.
    2. The decision to refuse, with justification of the reason.

    Transfer of finances to a non-state pension fund


    The transfer of maternity capital funds is permitted by law:

    • to government institutions;
    • non-state pension funds (hereinafter NPF);
    • management companies.

    To implement this choice, you must:

    1. Visit the FIU and apply for the transfer of funds to the NPF.
    2. Sign an agreement with NPF.

    The law allows an unlimited opportunity to change the management company, as well as NPF. At the same time, it should be used no more than once a year with a refund to the Pension Fund of Russia.

    According to the Federal Law of December 28, 2013 No. 410-FZ, it is possible to submit two types of applications when transferring from one pension fund to another:

    • an early application, in which the transfer of funds is carried out next year from the moment of its writing;
    • urgent, in which the withdrawal of funds is carried out after 5 years from the date of its submission.

    If you change your mind about allocating capital to retirement

    Federal Law No. 256-FZ of December 29, 2006 grants certificate holders the right to refuse to dispose of maternity capital for retirement. The main conditions for this are:

    • cumulative payment is not assigned;
    • there was another need for the use of capital funds.

    The procedure and terms for consideration of such an application are contained in the Order of the Ministry of Labor of Russia dated March 11, 2016 No. 100. The certificate holder must perform the following actions:

    1. Visit the FIU and submit an application containing the following information:
      • about the certificate holder or his representative;
      • about another way of using capital funds;
      • about the amount of the refundable amount.
    1. Receive a notification about the transfer of funds to the Pension Fund of the Russian Federation, or a request for maternity capital from the NPF.

    The law provides the opportunity to cancel the application within 7 days from the date of its submission.

    The following deadlines for the transfer of funds are regulated:

    • when transferring NPF - no more than 30 days;
    • when transferring the FIU - no more than 5 banking days.

    The transfer of maternity capital to the funded part of the pension is one of the ways to use it. The action is intended mainly to increase the size of the pension payments of the mother. Recall that parents receive the right to receive this certificate in the event of the birth (adoption) of a second or subsequent child in the family. In order to direct the above funds to the mother's pension, it is necessary to apply with the appropriate application and documents to the Pension Fund of Russia.

    Read more: