1. The foundation aims to carry out the bound self-provision (pillar 3a) in accordance with Article 82 of the Federal Law on Occupational Old Age, Survivors' and Invalidity Pension (BVG) as well as the relevant provisions of the Federal Law on Direct Federal Tax (DBG), the Federal Law on the Harmonization of Direct Taxes of the Cantons and Municipalities (StHG) and the Ordinance on Tax Deduction for Contributions to Recognized Pension Schemes (BVV 3).
2. To this end, the foundation manages and administers pension assets in pillar 3a for the benefit of the insured persons and their legal or regulatory survivors in the event of old age, death, and invalidity. It can, in particular, manage and administer pension accounts and pension deposits (securities solutions) of pillar 3a.
3. The foundation does not pursue any commercial purpose and does not seek any profit. Any surpluses will be used exclusively for the purposes of the pension scheme within the framework of the legal and regulatory provisions.
4. The specific design of the purpose, the pension benefits, the order of beneficiaries, as well as the permissible cases of early withdrawal and pledging are governed by the foundation regulations and the organizational and business regulations (OGR).
5. No benefits of a salary-like nature or other benefits to which the current or former employers of the insured persons are obliged may be provided from the foundation assets and their returns.