Maximum amount of pillar 3a for 2020

In 2020 you can pay a maximum of the following contributions into the pillar 3a:

  • if you pay pension fund contributions: CHF 6,826
  • if you do not pay any pension fund contributions: CHF 34’128, up to a maximum of 20% of net earned income (gross income less AHV, IV, EO and ALV contributions)

As a rule, the maximum contributions are redefined by the Federal Council every two years. In the past, they amounted to

With pension fundWithout pension fund
2020CHF 6’826CHF 34’128*
2019CHF 6’826CHF 34’128*
2018CHF 6’768CHF 33’840*
2017CHF 6’768CHF 33’840*
2016CHF 6’768CHF 33’840*
2015CHF 6’768CHF 33’840*
2014CHF 6’739CHF 33’696*
2013CHF 6’739CHF 33’696*
2012CHF 6’682CHF 33’408*

*maximum 20 percent of net income.

How is the maximum amount calculated?

Strictly speaking, the Federal Council only sets the upper limit. However, BVV 3 stipulates that 8% of this upper limit can be deducted from your taxable income each year if you belong to a pension fund. If you do not belong to a pension fund, you can pay in a maximum of 40% of the upper limit annually, which results in the following maximum amounts:

  • 8 % of CHF 85’320 = CHF 6’825.60
  • 40 % of CHF 85’320 = CHF 34’128.00

The results are rounded to whole francs. Then you can see that they correspond to the maximum amounts mentioned at the beginning.