[Poland] PPK administration not so simple in practice

The final phase of the implementation of Employee Capital Plans (PPK) savings programme covering the smallest companies has just begun. However, the PPK Act does not take into account the reality, and employers face a number of problems and cannot always meet the requirements.

The smallest companies, with less than 20 employees, should sign PPK management agreements by 10 May at the latest. However, it is difficult for employers to meet the obligations regarding the programme operation. The Act does not provide for many situations which occur in practice – explains Łukasz Jasiński, PPK expert at Contract Administration. The expert adds that the registration process of an employee for PPK itself is not so simple.

The article is available in Polish only.

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