05. May 2025 Taxation

VAV position statement on the Federal Act on the Relief Package

In order to avoid deficits, comply with the debt brake and keep the federal budget balanced in the medium term, the Federal Council has drawn up the so-called Relief Package 27 (Entlastungspaket 27) with numerous measures and sent it out for consultation on 29 January 2025. As part of this relief package, the Federal Council also proposed an increase in taxation on capital withdrawals from the second and third pillars.

In principle, the VAV welcomes measures to curb the growth of government spending and ensure a balanced budget. However, the proposed measures in the area of occupational pensions would weaken citizens' trust in institutions and reduce incentives for private pension provision, particularly at a time when this should be encouraged. Accordingly, the VAV has spoken out clearly against this measure in the consultation process on this draft.

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