PPK (Polskie plany Kapitałowe) – Capital Management Plan – is a retirement savings plan. The contributions are co-financed by the employer, the employee and the State.

For each employee  (participant) the employer calculates and transfers 1.5% of the employee’s remuneration onto their PPK account. The employee is obliged to contribute at least 2% of their gross remuneration. Both contributions shall be calculated by using total gross value.

Employer’s contribution to PPK are not considered for the calculation of social insurance contributions. However, the employee is required to pay the Personal Income Tax for those contributions (either 17 % or 32%).

The State makes a one-time welcome payment of 250 pln, followed by contributions of 240 pln per year.