GAMMA funds

The Employee Pension Scheme is a form of voluntary group saving for retirement in the 3rd pension pillar. The employer provides funds to a professional financial institution to manage the funds. Employees can also make additional voluntary contributions. With EPS, you can save for your retirement.

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Tax allowance - expenditures on the EPS are cost deductibles.
ZUS allowance - the employer is not required to charge social premiums on EPS basic premiums.
Additional motivational aspect/ benefit for employees.
Enforced attractiveness and prestige of the employer in the assessment of employees.
Competitive advantage on the employers market leading to stabilization of employment.

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Additional savings for future retirement which are funded by the employer.
Exemption from tax on capital gains - withdrawal of funds from the EPS by individuals with pension rights subjects to no taxation.
Benefit with ZUS allowance.
Good inheritance rules - if an EPS member dies, withdrawal of funds by eligible individuals or by successors subjects to no inheritence tax.
EPS funds are managed by a professional financial insitution.
Employees can make additional voluntary contributions.
How is the EPS managed?
  • Funds contributed to the Employee Pension Scheme are invested in special PKO Target Retirement (Old-Age Pension) subfunds.
  • Titles of individual PKO Target Retirement subfunds contain approximate dates on which investments will terminate (date of retirement), with which it is easier to choose an appropriate pension solution.
  • In the model, optimal investment profile is continuously adapted to the age of a saver.
  • These are innovative investment solutions which use the client life cycle model.
  • With investment strategies of PKO Target Retirement subfunds, members do not need to make changes throughout the period of investments and portfolio is automatically adapted to his or her age. As member's retirement brings closer, subfund portfolio includes more instruments of lower volatility with which profits earned in previous years are secured.
  • Upon consultation with the employer, we can offer dedicated EPS solutions which will be based on our wide range of investment funds.
Why PKO TFI?
  • We are the member of the Polish largest financial group of PKO Bank Polski.
  • We are one of the largest Polish Investment Funds Societies.
  • We have 20-year experience on the investment funds market and a long-term expertise in managing Employee Pension Schemes.
  • We manage over 26 billion assets for nearly a half a million clients.
  • We are appreciated by independent experts; we have received many awards for investment results and management quality, including but not limited to:

4 "PARKIET Golden Wallets"

Leading places in IKZE and IKE rankings

IKZE ranked 5 in IKE Analizy Online
IKE ranked 5 in IKE Analizy Online

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"PARKIET Bull and Bear" 

 

 

 9 PKO TFI investment funds
highly appraised (four and five stars)
by Analizy Online

 

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 Our goal is to release the employer from all EPS-related duties and reducing employer's involvement in the process. PKO TFI offers employers a comprehensive service in the field of setting up and operating EPS (in particular: preparing documents, registering the scheme in the Polish Financial Supervision Authority, launching and administering the scheme).

Employers who mandate us to manage the EPS will get:

  • Trainings, presentations, substantive meetings for employees.
  • Support of our experts at each stage of setting up and operating of the EPS.
  • Access to periodical materials concerning, i.a., investment results of EPS products.

Employees of EPS-managed companies will get:

  • Dedicated helpline for EPS members
  • Ongoing online access to monitor the value of EPS funds and to view current investment results and contributions history.
  • Access to periodical materials concerning, i.a., investment results of EPS products.

 

Contact

We will be pleased to make an EPS offer for you.

e-mail: ppe.tfi@pkotfi.pl

tel: + 48 22 358 56 40

Please, call us Monday to Friday 8:30 a.m. to 5:00 p.m.

In case of any question about EPS's which we now manage and operating issues, please call the helpline.

We look forward to working with you.

The concept of Employee Capital Plans (ECP) was presented for the first time in July 2016 by the Ministry of Development and became an integral element of the Capital Building Program. Employee Capital Plans (ECP) constitute an universal, voluntary and completely private system of long-term saving. The primary objective of ECP is to increase the savings rate in case of Poles and provide additional financial security after reaching the age of 60.

According to information provided by the Ministry of Finance, ECP will be managed by Investment Fund Companies (TFI) registered in Poland meeting proper criteria concerning, among other things, equity capital, market experience or product offer as regards making funds available to ECP Participants within determined period of time, also known as life cycle funds.

PKO TFI has a life cycle fund in its offer - PKO Target Retirement

What does ECP mean for the employer?

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The obligation of establishing - every enterprise in the country will be required to establish ECP for its employees
Contribution - the minimum amount of the mandatory contribution of the employer will amount to 1.5% of the Employee's gross remuneration. Additional contribution from the employer can amount up to 2.5%
ZUS exemption (social security fund) - basic contribution to ECP constitutes an element of remuneration from which social security contributions will not be charged
Tax exemption - costs of running ECP will constitute tax deductible costs

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Voluntary participation - automatic enrollment of employee to ECP by the employer with the possibility to opt-out
Contribution - the minimum amount of the mandatory contribution will amount to 2% of the employee's gross remuneration. Additional contribution on the part of the employee cannot exceed 2%
Withdrawal of funds - it is possible to obtain one-time payment amounting to maximum 25% of the funds after reaching the retirement age. The rest of money is paid out in the following years in the form of a term pension
Tax exemption - exemption as regards accumulated capital profit from tax
Inheritance - funds accumulated in ECP can be inherited and will not be covered by inheritance tax
When will ECP start operating?

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Notice! Employers who make Employee Pension Schemes (EPS) available to employees based on certain conditions are not covered with obligation to launch ECP.

Contact

We encourage you to contact our experts.

tel: + 48 22 358 56 40

Please, call us Monday to Friday 8:30 a.m. to 5:00 p.m.

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