Only a few days are left until the implementation of employee capital plans (PPK) by entities from the last group of employers, i.e. those who employed less than 20 people on the 31st of December 2019. The 23rd of April 2021 is the last day of the deadline for concluding an agreement on PPK management specifying the rights and obligations of the employer, the financial institution managing the funds and the employees - participants.

The conclusion of such an agreement is only the beginning of the implementation of the PPK in an organisation. The next step is to conclude agreements on running PPK, managing declarations of non-saving, as well as calculating and transferring the first payments.

The current PPK implementation period, as it was in 2020, is difficult due to the ongoing epidemic. This raises a number of questions related to such implementation:

• Is the choice of financial institution the sole decision of the employer?
• Does the ongoing pandemic allow the implementation of PPK to be postponed?
• How to conduct discussions with financial institutions?
• Why should one take into account higher costs of personnel and payroll service?
• What consequences may be faced by an entity that does not implement the PPK within the statutory deadline?
• What happens when a participant withdraws from the program?

The above questions are answered by Łukasz Kuczkowski, legal adviser, partner, in the article „Implementation of Employee Capital Plan on final stretch“  for Dziennik Gazeta Prawna (article from 15th April 2021).