MANAGEMENT ASPECTS IN THE FUNCTIONING OF EMPLOYEE CAPITAL PLANS

Abstract

The knowledge of Poles about the new pension system is negligible. Few people realize that public pensions will be at a level that will not ensure survival for the elderly. The modernization activities done since 2004 in this system also do not significantly change the state of knowledge on this subject. Another decision to introduce Employee Capital Plans (PPK) in Poland, which is an element of the third pension pillar, did not improve the public’s knowledge in this regard. According to the literature on the subject, the Employee Capital Plans introduced in 2019 contain certain types of management, namely knowledge management, human resources management and financial management. This article presents the aspects of management in the functioning of PPK, where the basis for their clarification was a survey conducted among entities participating in the plan, i.e. 134 employers (PPK creators defining the rules for managing contributions) and 821 employees (participants making decisions about participation in the plan). The aim of this article is to present the opinions of PPK participants on the identified management aspects functioning in this element of the third pension pillar in Poland.