Polish Employee Capital Plans (PPK) provide additional retirement savings with employer and state co-financing, but automatic enrollment ends at age 55.
What Are PPK?
Employee Capital Plans (PPK) were established under the law of October 4, 2018 on employee capital plans. Currently, they represent one of Poland’s key long-term savings programs. Their main goal is to create additional financial security and increase future pension benefits. The program has a multi-year character, making regular savings not burdensome for household budgets.
Contribution Limits in 2026
The biggest advantage of PPK is co-financing of contributions – funds accumulated on the account come not only from the employee but also from other sources. Regulations allow for increased contributions to PPK, with certain legal limits. An employee can declare an additional contribution of up to 2% of their salary, while an employer can contribute up to 2.5% of the subordinate’s salary.
Eligibility Requirements and Age Limits
The program can be used by adult employees employed under full-time contracts or commission-based workers subject to mandatory pension and insurance. Not only the form of employment but also the employee’s age matters when deciding to join employee capital plans. According to law, people under 55 are automatically enrolled in PPK, with employers signing agreements on their behalf unless the employed person submits a declaration to opt out of contributions.
Access for Older Workers
According to law, entrepreneurs cannot sign agreements on their behalf to conduct PPK for older workers. This does not mean that employee capital plans are unavailable for people 55 and older. They must submit an application to join the program. It should be emphasized that after reaching the age of 70, it is not possible to join PPK.
Withdrawal After Age 60
Upon reaching the qualifying age for payment, a PPK participant can use the accumulated savings without paying capital gains tax. The standard withdrawal model assumes distribution over time. There is also another option – marital benefits for married couples meeting age requirements and having PPK accounts in the same financial institution. Program participants can also transfer accumulated funds to a time deposit in a bank, provided they maintain a ten-year period of installment payments.
Early Withdrawal and Access to Information
A PPK participant has the option to withdraw accumulated funds at any time, but should be prepared for financial consequences. There are two situations in which a participant can withdraw money before retirement age without negative consequences. A PPK participant has constant access to information about savings by logging in to the official program portal at www.mojeppk.pl, either through Login.gov.pl or using previously created PPK account credentials.
