ARTICLE · 28 FEBRUARY 2018

Polish Employee Capital Plans

Wolf Theiss

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On February 8th, 2018, the Polish Ministry of Finance released the long-awaited first draft of the bill on employee capital plans (Ustawa o pracowniczych planach kapitałowych).

PolandEmployment and HR

Klaudia Dabrowska

Stefan Feliniak

Paulina Przewoznik

On February 8th, 2018, the Polish Ministry of Finance released the long-awaited first draft of the bill on employee capital plans (Ustawa o pracowniczych planach kapitałowych). It is one of the measures implementing the governmental Strategy for Responsible Development (also dubbed Morawiecki's plan after the current Polish prime minister) and aims to increase the financial security of Polish citizens facing a decreasing value of pensions in the existing pension scheme. Another goal is to support the development of the Polish capital market and growth of the Polish economy. Last but not least it will complement the existing pension scheme, the future of which is uncertain due to the low value of savings and increasing life expectancy.

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