The Swiss entrepreneur Adriano B. Lucatelli advocates for greater flexibility in the 3rd pillar pension system, suggesting an expansion of tax incentives for personal retirement savings and an increase in the tax-deductible contribution limit. He also emphasizes the need for tax exemption on 3rd pillar benefits at the time of withdrawal to encourage more people to save for their retirement. Additionally, he highlights the low management costs in the 3rd pillar and the importance of promoting private retirement savings in light of challenges with the state pension system.
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