Entities which have suspended their PPE contributions for more than 90 days in total – if an employer has suspended and resumed contributions several times, the total number of the days of suspension shall count – are required to conclude contracts:
Pursuant to the Act on Employee Pension Schemes, employers have the possibility to suspend payment of basic PPE contributions or temporarily limit their amount, e.g. in the event of a worsening of the company’s financial standing. Such a decision may be made:
Both the suspension of contributions and the reduction of their amount must apply to all participants of the Employee Pension Scheme.
Read also: Deadline for PPK implementation postponed by 6 months
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