Hi all! Long-time reader, first-time poster here. It’s my first year in Zurich (moved over from Geneva), B-permit, over 120k income. My company offers me the choice of different Pillar 2 contribution categories - the employer’s contribution stays the same regardless of how much I put in. I’ve always paid the minimum, as did not see the returns in Pillar 2 as worthwhile. However, I am now looking to leave Switzerland in a year, so was thinking of increasing my monthly Pillar 2 payments to reduce the tax bill. I have seen that Pillar 2 buy-ins reduce your tax bill, however do increased ordinary contributions reduce taxes too?
Would love to hear your thoughts!