Lawyer Telegin explained the rules of compensation for Soviet deposits

Russian legislation guarantees the safety of deposits opened by citizens before the collapse of the USSR. As reported by Yuri Telegin, a leading lawyer at the UES, on November 15, compensation is due only for those deposits that were issued before June 20, 1991 in Sberbank or before January 1, 1992 in state insurance organizations.

According to the lawyer, the refund is regulated by the current rules and is calculated using special coefficients. He recalled that compensation is paid three times the amount of the remaining deposit for citizens born in 1945 and twice for citizens born from 1946 to 1991.

Telegin added that the heirs or persons who paid for the funeral of the depositor can receive a fixed compensation if the amount of the deposit was sufficient.

"No compensation is paid to those who opened deposits in banks later than June 20, 1991 or deposits in insurance organizations after January 1, 1992," the source told the Prime news agency.

Invest in full: the season of New Year's promotions for bank deposits starts

The end of the year is the time to reassess personal and family financial strategies, experts say.

Earlier, on November 6, it was reported that Russians continue to choose short-term deposits: more than 70% of all deposits are for periods up to six months, and three-month deposits remain the most popular. On the contrary, interest in long-term investments is decreasing, and analysts expect a further drop in demand for them.

All important news is on the Izvestia channel in the MAX messenger.