The foundation aims to build up private pension provision within the framework of tied, individual pension provision. To this end, it accepts funds from natural persons. It can offer additional coverage for the risks of death and disability. For each beneficiary, at least one individual account is maintained, which serves to build up private pension provision. This account is credited with the contributions of the beneficiaries (employees and self-employed individuals). To achieve its purpose, the foundation can conclude insurance contracts or enter into existing contracts, provided it is itself the policyholder and beneficiary.