Support and enthusiasm for Polish employer-sponsored pensions (PPK) may be highly focused on the financial sector, with much more limited support in the remainder of the economy, a study conducted by researcher Randstad shows.
Some 43% of financial sector companies may be willing to make contributions above the legal minimum requirement, versus only 0.25% amongst all other sectors. That leaves some 15% of employers ready to offer the larger payments. Only 1% of respondents claim absolute certainty they will make above-minimum contributions.
Nationwide, 54% of Polish employers are „more or less opposed” to the very introduction of PPK. Nearly one fifth have no opinion on the matter, with large businesses generally showing greater openness towards the program, the study shows.
According to the PPK law, employers shall pay a basic contribution of 1.5% of gross wages, but can increase it by up to 2.5 pps to a maximum 4%. Poland is set to begin roll-out of the PPK schemes in July 2019.
