Record Savings for Poles in Employee Capital Plans with Many Accumulating Several Thousand Net
As of October 2025, employee savings plans in Poland, known as PPK, are showing impressive growth. Participants have seen significant increases in their accounts, even without additional contributions.
Record Savings in Employee Capital Plans for Poles
Recent data indicates that after just one year of saving in the PPK, individuals can accumulate savings close to 4,000 PLN. Of this total, around 2,000 PLN results from state support rather than the individual’s own contributions, particularly for those earning at the national average.
Significant Increases in Funds
- By the end of October 2025, a typical participant of PPK, earning 5,300 PLN per month since December 2019, could see their savings grow by 138% to 198%.
- This growth equates to an increase of 11,380 to 16,420 PLN beyond their initial contributions.
- The total net assets accumulated in PPK reached an all-time high of 42.60 billion PLN in October 2023.
Implications of Early Withdrawals
Experts strongly advise against early withdrawals from PPK. Marta Damm-Świerkocka from PFR Portal PPK explains that withdrawing funds prematurely results in losing government contributions. Additionally, 30% of employer contributions would go to the Social Insurance Institution (ZUS) as a retirement fund contribution.
Furthermore, capital gains are subject to a 19% tax, known as the ‘Belka tax’. Oskar Sobolewski from HRK Payroll also emphasizes the importance of a long-term approach to PPK. Accessing these funds should be reserved for exceptional circumstances, like serious illness, as outlined in PPK regulations.
Future Outlook
With the number of participants increasing and significant asset growth projected, the PPK represents a powerful tool for savings in Poland’s economy. Analysts encourage individuals to maintain their investments in these plans for long-term financial stability.
