The purpose of the foundation is to provide for the employees of the founder or companies economically or financially closely related to the founder, as well as their dependents, against the economic consequences of old age, disability, and death. This includes, in particular, benefits to address a shortfall or to restructure the pension fund, provided that the pension fund has the same group of beneficiaries as the foundation. The purpose of the foundation also includes supporting employees and their dependents of affiliated companies in cases of need, such as illness, accident, old age, disability, or unemployment. Furthermore, the purpose of the foundation is to provide voluntary purchasing services for the regulatory pension provision of employees. The foundation may also provide benefits to other tax-exempt employee benefit institutions that exist for the benefit of the beneficiaries, in order to finance contributions and insurance premiums. This can be fulfilled, in particular, through employer contributions in accordance with Article 331, paragraph 3 of the Swiss Code of Obligations, from funds specifically allocated and separately disclosed for this purpose. The secondary purpose of the foundation is to provide support services in cases of need and hardship, such as outplacement services or retraining in the event of job loss, the cushioning of social plans, as well as subsidies for the costs of disability-friendly construction measures or nursing home costs for a long-term pensioner under special circumstances, the (partial) assumption of dental bills or orthodontic treatments, hearing aid costs or eye surgery, temporary voluntary support for a sick employee after the expiration of the obligation to continue paying wages, with a good prognosis for return to work. The foundation board must examine each case to determine whether a case of need or hardship exists. The foundation may also, by decision of the foundation board, which must be notified to the supervisory authority, include the personnel of companies economically or financially closely related to the founder, provided that the necessary funds are made available to the foundation and the acquired rights and entitlements of the existing beneficiaries are not impaired.
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