The purpose of the foundation is to provide for the employees of the company and economically or financially closely related companies (collectively: the companies) and their survivors against the economic consequences of old age, disability and death. The affiliation of a related company is made on the basis of a written affiliation agreement, which must be notified to the supervisory authority. The 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; the provision of voluntary purchase benefits for the regulatory pension of employees. Furthermore, the foundation aims to support employees and their survivors 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. However, the employer's contributions can only be made from the foundation's funds if the employer has previously built up contribution reserves and these are separately disclosed (employer contribution reserves).
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