@article{szczepanski2021autoenrollment,
  title = {Auto-Enrollment Pension in Poland:  Impact on HRM Strategies and Pension Participation Rates},
  author = {Marek SZCZEPANSKI and Krzysztof KOLODZIEJCZYK},
  year = 2021,
  url = {https://ibimapublishing.com/articles/JEERBE/2021/961084/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2021,
  pages = 13,
  doi = 10.5171/2021.961084,
  abstract = {The study aims a critical analysis and preliminary assessment of chosen effects of the implementation of a new type of occupational pension schemes with automatic enrollment: the Employee Capital Plans (PPKs), successively has introduced in Poland since 2019. The introduction of PPK’s may constitute a new quality in the Polish pension system - provided that it will actually be a universal system, covering millions of employees, and not only - as the so far voluntary third pillar of the pension system - a small percentage of all the employed1. Initially, the level of participation in the PPKs was assumed to be even around 75%, later expectations were revised to 50%. The current level of participation is much lower (30-40%). A question arises about the causes of this phenomenon. Based on the results of own empirical investigation, literature studies and analysis of available statistical data on the effects of implementing PPKs in large companies in 2019, in the SME sector in 2020 and the initial results of introducing these occupational products in the public sector and micro-companies in the first quarter of 2021, the authors of the article stated little interest in using PPK’s as an instrument of HRM strategy, as well as a relatively low level of employee interest in their participation in PPK’s.},
  keywords = {occupational pension schemes, employee capital plans (PPK’s), behavioral incentives, HRM strategy, retirement savings},
  note = Article ID: 961084
}