Information on Employee Capital Plans (PPK)

The University of Warsaw signed an agreement with the PZU SA Investment Fund Management Company (Towarzystwo Funduszy Inwestycyjnych PZU SA) on the management of PPK (Employee Capital Plans). The fund will be managing assets of UW employees who decided to join PPK (aged 55-70) and those who had not resigned from participation in PPK (aged 18-54).

Employee Capital Plans (Pracownicze Plany Kapitałowe, PPK) is a voluntary long-term saving programme, developed and co-financed by employees (employees and contractors subject to obligatory social insurance), employers and the state. Payments financed by the employees, the employer, a welcome payment and an annual surcharge from the state are transferred to individual private PPK accounts.

The contract with PZU will be concluded no later than 10th April 2021. The first contributions to Employee Capital Plans will be calculated on the remuneration paid after 10th April.

After signing the contract, each PPK participant will receive a welcome letter with access to the inPZU website. The letter will be sent to the correspondence address included in SAP (check your address of correspondence in ESS, if there are changes, please report them to the UW Human Resources Office).

The obligatory basic contribution financed by a PPK participant may be less than 2% of their remuneration, but not less than 0.5% if the remuneration of a PPK participant obtained from various sources in a given month does not exceed the amount corresponding to 120% of the minimum remuneration.

  • A PPK participant may, in certain circumstances, reduce the basic payment or resign from a previously declared lower basic payment. View the “Declaration on financing the basic payments into employee capital plans (PPK)”, available on the UW Human Resources website (PPK subpage)
  • Each PPK participant can declare a voluntary additional payment – up to 2% of gross remuneration. “Declaration on financing the additional payments into employee capital plans (PPK)” is available here
Participation in PPK is voluntary which means that you can at any time:
  • resign from saving in PPK – submit the declaration of resignation from making payments into PPK to the UW Human Resources Office or  send it to: ppk.etat@adm.uw.edu.pl (persons employed under an employment agreement) or ppk.zlecenie@adm.uw.edu.pl (persons employed under a contract of mandate)

To learn more about Employee Capital Plans, watch this webinar