The foundation aims to provide occupational pension benefits within the framework of the BVG and its implementing provisions for the employees of the cockpit personnel of the founding company who are subject to the collective employment contract between Swiss International Air Lines Ltd. and Aeropers, as well as for their dependents and beneficiaries, against the economic consequences of old age, death, and disability. The foundation may provide additional benefits beyond the statutory minimum benefits, including support in cases of hardship such as illness, accident, disability, or unemployment. Persons who are subject to the same collective employment contract and are employed by an economically or financially affiliated company may also be insured. The affiliation of an affiliated company is based on a written affiliation agreement, which must be notified to the supervisory authority. The foundation board issues a regulation on the benefits, organization, administration, and financing, as well as on the control of the foundation. It establishes the relationship with the employers, the insured persons, and the beneficiaries in the regulation. The regulation may be amended by the foundation board, while preserving the acquired rights of the beneficiaries. The regulation and its amendments must be submitted to the supervisory authority. To achieve its purpose, the foundation may conclude insurance contracts or enter into existing contracts, provided that it is the policyholder and beneficiary itself.
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