Employee Capital Plans (ECP) are a new form of additional social security, introduced in 2019. The essence of PPK is the obligatory offer by employing entities (mainly all employers) of the possibility of saving in the form of group investing, while ensuring mandatory payment of contributions by both employers (1.5% remuneration) and employees (2% of remuneration).
The law firm Wojewodka i Wspolnicy Sp. k. has unique knowledge and experience in the field of ECP due to the fact that our experts were actively involved in creating the idea of ECP and individual solutions in this area.
Our assistance in the field of ECP may include:
- Assistance for service providers in preparing ECP products (templates of contracts, applications, statements, regulations and other documents);
- Conducting training and presentations for service providers, employers, trade unions and employees or other selected groups on the implemented ECP benefit;
- Assistance for service providers in activities aimed at authorizing the ECP product for distribution (preparation and submission of an application, representation in proceedings before the product approval authority);
- Advising the employer in selecting an entity managing the ECP, looking for an entity that will meet the employer's requirements, and not a standard product available to everyone;
- Negotiations with the managing entity and concluding an agreement properly securing the interests of the employer, possible negotiations with trade unions or other groups of employees;
- Preparing or reviewing communication materials regarding the implemented benefit, assistance in the preparation and implementation of ECP administrative procedures;
- Monitoring the functioning of the benefit in the form of: periodic assessments of the operation of PPK, monitoring the activities of the managing entity;
- Current information about changes in the legal and tax environment;
- Representation in court proceedings related to ECP;
- Other specific needs of employers and service providers related to ECP.
