Polish employees must declare existing PPK accounts within 7 days of new job

When an employee transitions to a new job in Poland, they are required to manage their Employee Capital Plans (PPK) accounts. The new employer must be informed about any existing PPK accounts the employee holds with previous employers.

According to regulations, an employee enrolled in a PPK by their new employer has a seven-day window from the date of enrollment to submit a declaration detailing their previous PPK accounts. This declaration is crucial for consolidating funds or ensuring proper management of retirement savings.

However, the responsibility for initiating this transfer lies solely with the employee. If an employee fails to submit the required declaration within the seven-day period, the new employer is not obligated to follow up or request the information. The regulation places the onus on the employee to ensure their previous PPK information is transferred or declared.