Fondation de prévoyance Romande Energie

The Foundation's purpose is to provide personnel of the founder and companies with a close economic or financial link to the founder with protection against the economic consequences of retirement, disability and death. An employer's affiliation takes place on the basis of a written affiliation agreement concluded between the employer and the Foundation. The Foundation may manage a separate pension fund for one or several employers. The Foundation Board is competent to decide on the means to achieve the purpose defined in paragraph 1; to this end, it may use all or part of the Foundation's assets; it may also conclude insurance contracts in favor of all or part of the insured and pension beneficiaries; the Foundation will then be both the policyholder and the beneficiary. Under no circumstances may the Foundation assume legal obligations incumbent on the employer outside of its pension obligations in favor of the personnel, nor make payments having the character of remuneration for work.