The purpose of the foundation is to provide for the active and retired employees of the company and their dependents against the economic consequences of old age, disability and death. This purpose can be fulfilled in particular by: - providing voluntary additional benefits to the regulatory pension benefits in the event of old age, disability and death, - providing voluntary purchase benefits for the regulatory pension of employees. Furthermore, the foundation aims to support employees and their dependents in cases of need such as illness, accident, disability or unemployment. The foundation can also provide benefits to other tax-exempt pension institutions that exist for the benefit of the beneficiaries in order to finance contributions and insurance premiums. The foundation can also be joined by the personnel of companies economically or financially closely linked to the company, provided that the necessary funds are made available to the foundation and the acquired rights and entitlements of the existing beneficiaries are not impaired. The accession of a related company is based on a written accession agreement, which must be notified to the supervisory authority. To achieve its purpose, the foundation can conclude insurance contracts or enter into existing contracts, where it is the policyholder and beneficiary.
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