We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » April 20, 2018
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
PPK draft bill in a month
April 20, 2018   
Article's tools:

The Polish government will present a corrected version of the employer-sponsored pension program PPK draft bill by mid-May and may have to delay launching the reform until mid-2019 if it takes the parliament until autumn to process the legislation, state development fund PFR Pawel Borys told radio station Tok FM.
"The finance ministry will present a corrected draft by mid-May," Borys said.
The government officially wants to launch PPK as of January 1, 2019. According to the draft bill authored by the finance ministry and presented in February, employees will pay 2% of gross wage and employers 1.5% to fund new PPK pension funds. Participation will be voluntary for employees, but on an opt-out basis.
Investment funds will be in charge of managing the future retirees' money, while PFR will manage infrastructure for PPK and collect fees from fund managers to finance the activity. Poland could also allow pension fund houses PTE to run PPK, according to most recent signals.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE