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PFR explained the procedure for New Year payments to Russians announced by Putin

The Pension Fund of Russia (PFR) explained the procedure for New Year’s payments for children in the amount of 5,000 rubles, announced by Russian President Vladimir Putin. This was told in the press service of the fund, reports RIA Novosti.
Parents of children under 7 years old inclusive will be able to receive payments without submitting a corresponding application, provided that they previously received summer payments. The rest will be able to write an application for receiving money until April 1.

The application will be needed only if the child appeared in the family after July 1 or the parents did not apply for any of the payments for children provided by the Pension Fund during the year the FIU explained.

The application will need to indicate bank details, added the press service of the fund.

The lump-sum payment is due to parents, adoptive parents, guardians and trustees of children who, as of December 17, 2020, are not yet 8 years old. The money will be credited according to the principle of “social treasury”.

Earlier, Russian President Vladimir Putin, during the annual final press conference, announced the payment of New Year payments to Russians with children under 7 years old.

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