Maternal capital to rise 5.2% from Feb 2027

On February 1, 2027, the size of the maternity capital in Russia will be indexed by 5.2 percent.

Consensus

The maternal capital in Russia will be indexed on 1 February 2027.
The expected indexation rate is approximately 5.2%.
The indexation is based on the actual inflation rate from the previous year.
Final inflation data for 2026 will be published by Rosstat in early 2027.
The government will approve the final indexation coefficient after Rosstat's data release.
The maternal capital amount increases annually based on inflation.
The current maternal capital for the first child is around 729,000 rubles.
The additional amount for the second child is around 234,000 rubles.
If a family already received a certificate for the first child, no new certificate is issued for the second child, but the amount increases automatically.
The main recipient of the benefit is the mother, but rights may transfer to the father, guardians, or children in certain cases.

The government will also increase pension payments for former military personnel, police officers, and other agencies by the end of the year. — vm
Insurance pensions will be indexed on 1 February and 1 April 2027, with the spring increase dependent on the Social Fund's financial capacity. — vm
If a family did not receive the capital for the first child, they can receive 963,000 rubles upon the birth of the second child. — m24
The Presidential Administration proposed introducing a multi-child maternal capital of one million rubles, to be paid upon the birth of the third or subsequent children. — m24