We see that some participants are testing the system, because these are not participants who withdraw from the PPK, but withdraw money. After that, they save this money from their salaries every month,” said the head of the Polish Development Fund, Pavel Boris, in an interview with RMF FM, referring to data showing that in February, compared to January, the number of capital payments from the PPC increased significantly.
In particular, the president of the Polish Development Fund, Pavel Borys, was asked about this in an interview with RMF FM. o Significant increases in capital payments under Employee Capital Plans (PPKs). The data given by the interviewer Krzysztof Berenda shows that in February of this year. In 2018, about PLN 130 million was paid out, compared to PLN 88 million a month earlier.
Boris: Some participants are testing PPC
– We see that some participants are testing the system, because these are not participants who leave the PPC, but withdraw money. After that, every month they save this money from their salary. This is about 50 thousand participants out of 2.5 million – said the head of the Polish Development Fund. — But it shows one important advantage, which we ourselves spoke about, that this is a private system, the money for the PPC is de facto money in our personal account — added.
The President of the Polish Development Fund said that “we have already exceeded 3 million PPK members. Ultimately, we hope that it will exceed 3.5 million.
Less and less time to make a decision
Recall that at the end of February, the validity of applications for refusal of payments in favor of the PPC expired. This is due to the October 4, 2018 Employee Investment Plans Act, which stipulates that employees will be automatically enrolled in the program every four years. This means that people who are still not interested in remaining in the PPK must apply to leave again. They have until the end of March for this.
Many employees leave the PPC due to the fact that 2% is withheld from their salaries. remuneration (the program participant can increase this contribution by a maximum of another 2 percent, in exceptional cases, his own contribution can also be reduced to 0.5 percent of the salary). Regardless of the percentage of remuneration paid by the employee, the employer is required to add an additional minimum of 1.5% to the employee’s PPC account. his remuneration (this amount can be increased up to 4%). On the other hand, the state pays a one-time welcome fee of PLN 250 and then adds PLN 240 each year. Anyone who has been a PPK member for at least three full months and has made payments for at least three months will receive a welcome payment.
Source: Wprost
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