Optiqo

How to actually do a 2nd-pillar buy-in

The mechanics, end-to-end. Five steps. The whole thing takes about 30 minutes of your time spread over two weeks. Then you collect a tax saving every year for the rest of your life.

Step 1 — Get your Vorsorgeausweis (pension certificate)

Your pension fund sends you a Vorsorgeausweis (certificat de prévoyance, in French) every January, usually as a PDF in your employee portal. If you can't find it, ask HR or log into your fund's portal directly.

The two numbers you need from it:

Some funds also publish your projected retirement annuity (Rente vs Kapital) on the same document — useful context, not strictly needed for the buy-in.

Step 2 — Check the Art. 79b three-year rule

BVG Art. 79b paragraph 3:

"Vom Einkauf erbrachte Leistungen dürfen innerhalb der nächsten drei Jahre nicht in Kapitalform aus der Vorsorge zurückgezogen werden."

Plain English: any buy-in you make now is locked in for at least three years. If you withdraw any pension capital as a lump-sum during that window — for retirement, for buying a house (WEF), for self-employment — the tax authority recaptures the deduction you took.

So before paying:

Step 3 — Decide the amount

You can pay anywhere from CHF 1 000 up to your full Vorsorgeausweis-quoted capacity. The tax-optimal amount depends on:

Optiqo's calculator shows the saving for a single-year buy-in. The paid plan adds the multi-year DP optimiser.

Step 4 — Pay the contribution before December 31

The deduction counts for whichever tax year the money actually arrives at your pension fund's account, not the year you initiated the transfer. So:

Step 5 — Get the receipt and claim on your tax return

A few weeks after payment, your pension fund sends a Bestätigung über den Einkauf (buy-in confirmation letter). Keep this — it's the proof you'll attach to your tax return.

On your annual tax return:

Your assessment is recomputed with the deduction; the saving shows up either as a refund of withheld tax (employees with Quellensteuer) or as a reduced tax bill (Swiss residents on ordinary assessment).

Common mistakes to avoid

Quick-fire FAQ

Can I buy in if I'm employed but my fund only covers the mandatory minimum?
Usually yes — your fund's Vorsorgeausweis will show a non-zero "max possible buy-in" because the target benefit is computed for your full salary even on a minimum-coverage plan.
Can I split the buy-in between my Pillar 2 and Pillar 3a in the same year?
Yes. The two pillars are independent. Buy-in deductions reduce Pillar 2; 3a contributions reduce Pillar 3a. Both are deductible.
What's the tax saving roughly worth?
At a 30% marginal rate, CHF 50 000 buy-in saves CHF 15 000 in tax this year. At 40% marginal (high income, dense canton), the same buy-in saves CHF 20 000. Optiqo's calculator gives you the precise number for your profile.
My pension fund is "under-funded" (Deckungsgrad < 100%). Should I still buy in?
Generally caution. An under-funded fund may need to claw back capital from members ("Sanierungsmaßnahmen") — your buy-in is not protected from that. If the fund is at 95-99%, it's usually fine; below 90% wait for recovery.