Subject This paper examines the problems of economic and monetary policy, investment and savings, in particular, the restoration of the impaired savings of people. Objectives The paper aims to analyze the issues of compensating the population's bank deposits that impaired at the beginning of market reforms. The paper does not intend to discuss the causes and specific persons involved in the process of impairment of savings. Methods We use the works of foreign and national scientists as a methodological and theoretical basis of the study. The study involves the dialectic principle, methods of logical and statistical analyses. Results The paper analyzes the process of compensation and rehabilitation of impaired deposits of people in Russia and the former Soviet Union. We contribute suggestions on the question. Conclusions and Relevance We conclude that the Russian Federation government should undertake activities to gradually restore the impaired savings. It will ensure the restoration of the citizens' confidence in public and financial institutions. People will be able to commit the accumulated funds to economic reconstruction and development. The results of the study and our suggestions can be helpful in the activities of the organizations concerned.