World Daily News
Business
Russia

Russia to Increase Maternity Capital and Social Benefits in 2025

Images from the reference sources
Russia is set to increase maternity capital and other social benefits in 2025, including a rise in minimum wage and child care payments, aimed at enhancing financial support for families and vulnerable individuals.


Increase in Maternity Capital and Benefits in Russia for 2025

In a recent announcement, experts have revealed significant changes to social benefits in Russia set for 2025. The maternity capital, a financial support scheme for families, is expected to see an increase of 7.3%. This means that families welcoming their first child from January 1, 2020, will receive a total of 676,398 rubles, while those with a second child will receive nearly 894,000 rubles. This amount will also apply to families with a third child or more, provided they have not previously accessed maternity capital.

Minimum Wage and Other Benefit Increases

Starting January 2025, the minimum wage in Russia is projected to rise by 16.6%. This increase will directly impact various payments and benefits, including maternity benefits, child care allowances, and sick leave payments. The maternity benefit is expected to rise by 1.4 times, reaching 794,000 rubles for a maternity leave period of 140 calendar days. Women with earnings of at least 115,000 rubles in the two years prior to their maternity leave will be eligible for this amount.

Moreover, from February 2025, the maximum child care benefit for working citizens with children up to 1.5 years old will increase to 68,995 rubles per month. The one-time benefit for the birth of a child will also see an increase to 26,400 rubles, available to both working and non-working parents. Additionally, the minimum payment for temporary disability will be determined based on the new minimum wage, with a set minimum of 22,440 rubles per month.

Support for Disabled Individuals and Elderly

The upcoming changes also include new financial support for disabled individuals and the elderly. Starting in 2025, an additional payment of 1,200 rubles will be provided to disabled individuals of group I or those aged 80 and above, with future increases tied to pension indexation. Furthermore, the social pension for disabled children will rise to 21,177 rubles. This comprehensive adjustment in benefits aims to improve the financial stability of families and vulnerable populations in Russia, reflecting the government’s commitment to social welfare.

Clam Reports

Trends

Business

Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support

2024-11-04T18:47:41.805Z

Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.

Business

IKEA to Pay €6 Million to Compensate East German Forced Labor Victims

2024-11-04T15:37:43.330Z

IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.

Business

Trump vs. Harris: Economic Implications for the U.S. and Germany

2024-11-04T15:19:02.737Z

As the U.S. election approaches, the volatile stock of Trump Media reflects the political stakes, while experts warn of significant economic repercussions for Germany if Trump wins.

Business

Russia to Increase Maternity Capital and Social Benefits in 2025

2024-11-05T02:16:53.296Z

Russia is set to increase maternity capital and other social benefits in 2025, including a rise in minimum wage and child care payments, aimed at enhancing financial support for families and vulnerable individuals.

Business

Impact of US Elections on Israeli Economy: Trump vs. Harris

2024-11-04T16:26:54.373Z

The upcoming US elections are set to influence the Israeli economy significantly, with candidates Trump and Harris proposing contrasting economic policies that could reshape international trade and investment.

Business

French MPs Reject Soda Tax Reform Amid Political Tensions

2024-11-04T12:47:12.760Z

On November 4, 2024, French MPs rejected a proposed reform of the soda tax aimed at reducing sugar consumption, despite government support. The decision reflects ongoing political tensions regarding health policies as opposition parties accuse the government of obstruction during budget reviews.

Latest