Employee Equity Plans or Employee Pension Schemes –
what is going to turn out more advantageous for employers?
25th September 2018, 9:00 a.m.
5A Grzybowska Street, 5th floor, Warsaw
In the last week of August, the Council of Ministers adopted draft of the act on Employee Equity Plans. The new regulations provide for the introduction of a compulsory savings system co-financed by employers, which will cover a vast majority of professionally active Poles. The bill assumes that the major employers will be subject to the Employee Equity Plan starting from 1 July 2019.
In connection with the above we would like to invite you to a business breakfast at which we will compare the Employee Equity Plan with the currently applicable Employee Pension Schemes in legal, tax and business terms. Together with our experts we will consider the advantages and disadvantages of those two systems and will try to answer the question which of them may be more advantageous from the point of view of the employer.
The following issues will be discussed at the meeting:
- How the situation of companies is going to change after the introduction of the Employee Equity Plan? We will present also the obligations and costs which will affect employers and employees in such scope. We are also going to present threats resulting from a failure to comply with the new law – the projected regulations provide for sanctions in the form of high fines and even penalties involving deprivation of liberty.
- Having the Employee Pension Scheme in place releases employers from the obligation to implement the Employee Equity Plan in the company. Are Employee Pension Schemes an alternative to the Employee Equity Plan? Which system of pension savings should be chosen? Will it be possible to structure the Employee Pension Scheme in such a way that it is more financially advantageous for the employer than the Employee Equity Plan?
- What does the implementation of the Employee Pension Scheme and the Employee Equity Plan look like?
We hope that the discussed issues will help you choose the form of pension security which is appropriate for your company and employees.