Employee capital schemes (PPK)

Our employment law team advises on employee schemes, including pension schemes. We help you to choose between PPK (Employee Capital Schemes) and PPE (Employee Pension Plans) and fully support your business during its participation in the scheme.

The Act on Employee Capital Plans (PPK) applies as of 1 July 2019. Employers who set up an employee pension plan (PPE) with appropriate parameters sufficiently in advance are exempted from the obligation to create a PPK.

Note on sanctions

  • Employers who breach their obligations under the Act on Employee Capital Plans will be subject to significant fines of up to
    PLN 1,000,000 or 1.5% of the remuneration fund;
  • Persuading a participant to resign from PPK is also punished severely, so the content of PPK materials and communications should be approached with particular caution;
  • Both employers and people who act on its behalf (particularly the management board) are exposed to liability.

How can we help?

  • Preparing model letters, statements and declarations required to operate the programme/plan;
  • Monitoring and supporting the day-to-day operations of the programme/plan;
  • Representing the client before supervisory authorities;
  • Training staff responsible for handling the programme/plan;
  • Representing the client before supervisory authorities.