Amendments to the Maternity Capital Program, which aimed to raise the effectiveness of funds spent on housing, took effect on March 29.
Consistent with the April amendments to the Federal Law on State Social Security and the Federal Law on the Subsistence Minimum in the Russian Federation, the rules of calculating the social supplement, which raises the pension to the regional pensioner’s subsistence minimum, have been reviewed.
The Russian Contest “Thank You, Internet 2019” organized by the Russian Pension Fund and the Rostelecom company begins today. People older than 50, who have been trained to use a computer and the Internet, including at specialized computer courses, can become contestants. Applications and essays in various nominations, including “Gosuslugi.ru Portal: My Experience,” “My Internet Achievements,” “Internet Entrepreneur; Internet Employer,” and “My Social Internet Initiatives,” shall be submitted on the Internet ABC website.
The Russian Pension Fund has taken part in the Forum and Exhibition “For Fair Public Procurement” held in Moscow on April 3-5 with the support of the Russian People’s Front. PFR’s exhibition stand and consulting station provided detailed information about the Fund’s procurements to visitors. Besides, the Fund’s representatives participated in debates on public procurement and tender procedures.
The Russian Pension Fund has summed up results of pension savings’ transfer to private pension funds and management companies in 2018.
State pensions, including social pensions, grew 2% on April 1, 2019, consistent with the increase of the pensioner’s subsistence minimum in 2018. The raise applied to almost 4 million pensioners, including 3.2 million recipients of social pensions.
Russian citizens, who have no permanent residence address, can have their social pension assigned to the actual place of residence, consistent with the amendments to the state pension assignment regulations that took effect in March. Social pension applicants can certify their residence in Russia with a statement personally filed with the PFR or documents issued by social service institutions, correctional institutions, or educational institutions where the person is registered with.
The personal account section of the Russian Pension Fund’s website had a series of useful updates last year. Thirteen new options opened to provide nine types of public services. Most options are electronic applications for PFR payments.
Applications for placing pension savings into bank deposits have been processed at the St. Petersburg Currency Exchange. The application of one credit institution for 15.4 billion rubles, i.e. the entire auctioned amount, was accepted. Pension savings were placed into bank deposits for a period of 109 days at an annual rate of 7.87%.
In 2019, the maternity capital program continues to offer new areas of support to families with children instituted last year. One of these areas is the monthly payments for a second child born or adopted by families with a low income after January 1, 2018.