A foreign employer without a seat in Poland, but employing employees with us, must implement an employee capital plan. Responsibilities in this regard may, however, delegate to the employee.
The Act of October 4, 2018 on Employee Capital Plans (consolidated text: Journal of Laws of 2020, item 1342) imposes on employers specific obligations related to their participation in the PPK. The most important of them are:
– selection of the financial institution that will create PPK accounts for employees,
– signing a PPK management contract with a selected financial institution, as well as a contract for running a PPK on behalf and for the benefit of employees
– timely and correct calculation and transfer of payments to the selected financial institution,
– collecting and archiving documentation concerning PPK,
– providing employees and a selected financial institution with information related to the created PPK.
According to Art. 5 of the PPK Act, the employing entity that does not have its registered office or place of residence in the territory of the Republic of Poland may assign the obligations under the PPK Act to an employed person (by way of an agreement concluded in writing under pain of nullity). This regulation allows …
*The article has been translated based on the content of https://www.rp.pl by www.rp.pl. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!