16.06.2020 PPK

[Poland] Employee Capital Plans – current deadlines for employers


The Anti-Crisis Shield introducing special measures to prevent, counteract and combat COVID-19 has changed the implementation deadlines for the second phase of the Employee Capital Plans (PPK).

Due to the coronavirus pandemic employers hiring at least 50 people as of 30 June 2019 have been given much more time to conclude the required agreements for the PPK, and the second phase of the programme implementation has been linked with the third phase.

Therefore, entities employing from 50 to 249 employees have time to sign the management agreement for the PPK until 27 October 2020 at the latest, and to conclude the agreement for running the PPK until 10 November this year at the latest. The remaining phases of PPK implementation have not been changed.

Below we present the current deadlines for the implementation of the PPK (the changed deadlines are marked in red in the table)

Employers Start date of application of provisions of the Act Deadlines for finalizing agreements
At least 50 people employed as of 30 June 2019 From 1 January 2020 agreement for managing PPK − 27 October 2020 at the latest agreement for running PPK − 10 November 2020 at the latest
At least 20 people employed as of 31 December 2019 From 1 July 2020 agreement for managing PPK − 27 October 2020 at the latest agreement for running PPK − 10 November 2020 at the latest
other employers From 1 January 2021 agreement for managing PPK − 23 April 2021 at the latest agreement for running PPK − 10 May 2021 at the latest
entities of public finance sector From 1 January 2021 agreement for managing PPK − 26 March 2021 at the latest agreement for running PPK − 10 April 2021 at the latest

Read also: Anti-crisis shield and financing the PPK contributions

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