Starting 1st April 2023, the employer is obliged to contribute to the Employee Capital Plan (PPK). If an employee has previously submitted a declaration to the employer to opt out of PPK contributions, this declaration will expire on 28th February 2023. The earliest that an employee can declare they are no longer making contributions to the PPK is 1st March 2023.
The employer is obliged to resume making contributions to the Employee Capital Plan (PPK: Pracowniczy Plan Kapitałowy) every 4 years from 1st April (the first time in 2023), for each person employed who has made a declaration to opt out from making contributions to the PPK, unless that person again resigns by submitting a new declaration to the employer to opt out of making contributions to the PPK.
The first, repeated autosave to this programme will take place in 2023, and then in the following years: 2027, 2031, etc.
If an employee has previously submitted a declaration to the employer to opt out of the PPK contributions, this declaration will expire on 28th February 2023 (even if submitted in February 2023).
The earliest that an employee can declare that he or she is no longer making contributions to the PPK is 1st March 2023.
By the end of February 2023, employees, who have made a declaration to opt out of making PPK contributions, will be provided with a document to sign the “Information on resumption of PPK contributions” – it is the responsibility of the employing entity to provide this information to the PPK participant.
The repeated autosave in the PPK shall not refer to a person who:
- turned 55 before 1st April 2023 and has not applied to her/his employer to enter into a PPK agreement on her/his behalf;
- turned 70 before 1st April 2023 (even if she/he submits an application to her/his employer to enter into a PPK agreement on her/his behalf);
- since 1st March 2023, has submitted again a declaration to the employer to opt out of PPK contributions.
More information on the autosave is available on the Human Resources Office’s website >>