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Russia might consider inflation-adjusted financial aid for third births

Large family mortgage repayment payment receives sum of 450,000 rubles.

Increase in welfare payments for third children could become tied to inflation in Russia
Increase in welfare payments for third children could become tied to inflation in Russia

Russia might consider inflation-adjusted financial aid for third births

In Russia, a significant proposal has been tabled to adjust the state payment for mortgage repayment for large families. This proposal, made by Senator Natalia Kosikhina, is currently under consideration for the budget years 2026, 2027, and 2028.

The federal budget project for 2026 and the planning period 2027-2028 includes the proposed payment, which stands at 450,000 rubles. However, it's important to note that the responsible party for this proposal has not been explicitly stated in the provided search results.

The mortgage payment, applicable to families with a third or subsequent child born between January 1, 2019, and December 31, 2030, is intended for the purpose of repayment. The proposed payment is aimed at assisting with mortgage repayment for large families in Russia.

It's worth mentioning that the mortgage payment, if indexed, could potentially increase beyond the current proposed amount. The decision to index the mortgage payment will be based on the economic situation and the level of inflation in the country.

Interestingly, the impact of the mortgage payment on divorced couples was not previously reported. However, it's been noted that the mortgage payment is a significant factor preventing over 60% of divorced couples from moving apart.

The information about this proposal was reported by TASS, highlighting the potential of this payment as a source of financial assistance for large families in Russia. While the proposal is under consideration, it's crucial to monitor its progress and potential impacts on the economy and families in Russia.

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