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Old 30.11.2019, 22:40
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pillar2 voluntary contribution exceeded

Hi, I'd appreciate some advice please.
I may have accidentally made an excessive voluntary contribution to my pillar 2 fund. It's excessive because the pillar 2 "gap" that my fund quoted to me did not consider my pillar 3a holdings, and I filled the gap in full.
On the voluntary contribution submission form, it did ask about former pillar 3a contributions but only in connection with being self-employed, and I have never been self-employed, so in my ignorance, I did not tick that box.
Researching other funds' forms in the meantime, I now realize the relevance is having a 'large/fat' pillar3 account, i.e. one where an annual payment exceeded ~CHF6k. Some years ago, I was employed as ANOBAG, which I did entitle me to make (and I did make) pillar 3a contributions as if I were self-employed, up to CHF33k annually. So I fear that this will reduce the pillar 2 gap by about 100k, hence my belief that I have exceeded the allowed deposit.
I will contact the fund first thing Monday to try to clarify the situation, but does anyone know what their course of action will be? I paid the contribution about 10 working days ago. Will they just return the excess? What should I do?
many thanks in advance.

p.s. yes, I did this on my (newish at 4 years) accountant's recommendation, however he did not know/ask about my former ANOBAG employment. He must have assumed my pillar3a accounts had built up over time at the 6k per year level. The fund did not request information on my pillar3 accounts when I joined them.
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Old 30.11.2019, 22:42
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Re: pillar2 voluntary contribution exceeded

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Hi, I'd appreciate some advice please.
I may have accidentally made an excessive voluntary contribution to my pillar 2 fund. It's excessive because the pillar 2 "gap" that my fund quoted to me did not consider my pillar 3a holdings, and I filled the gap in full.
On the voluntary contribution submission form, it did ask about former pillar 3a contributions but only in connection with being self-employed, and I have never been self-employed, so in my ignorance, I did not tick that box.
Researching other funds' forms in the meantime, I now realize the relevance is having a 'large/fat' pillar3 account, i.e. one where an annual payment exceeded ~CHF6k. Some years ago, I was employed as ANOBAG, which I did entitle me to make (and I did make) pillar 3a contributions as if I were self-employed, up to CHF33k annually. So I fear that this will reduce the pillar 2 gap by about 100k, hence my belief that I have exceeded the allowed deposit.
I will contact the fund first thing Monday to try to clarify the situation, but does anyone know what their course of action will be? I paid the contribution about 10 working days ago. Will they just return the excess? What should I do?
many thanks in advance.

p.s. yes, I did this on my (newish at 4 years) accountant's recommendation, however he did not know/ask about my former ANOBAG employment. He must have assumed my pillar3a accounts had built up over time at the 6k per year level. The fund did not request information on my pillar3 accounts when I joined them.
Just contact your pension fund and they will tell you how it will be handled. Probably a refund.
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Old Yesterday, 23:48
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Re: pillar2 voluntary contribution exceeded

I spoke to the pension fund, and it turns out it is not a problem, as even though I had contributed to pillar 3a some years above 6k, I had not exceeded the "Groesstmoeglichen 3a-Guthabens (nach Art. 60a Abs. 2 BVV 2 und Art. 7 Abs. 1 Bst. a BVV 3) nach Jahrgang", i.e. each year after age 25, one is allowed to accumulate approximately CHF6k into Pillar 3a. As I had not contributed for more than a few years, I was well under the total limit for my age, and hence this did not affect my Pillar 2 gap.
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