The foundation aims to provide occupational pension provision within the framework of the BVG and its implementing provisions for the employees of the company and economically or financially closely related companies, as well as for their relatives and beneficiaries, against the economic consequences of old age, death and disability. 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 foundation can also provide additional benefits beyond the statutory minimum benefits, such as granting support in cases of need, such as illness, accident, disability or unemployment. The foundation board issues a regulation on the benefits, organization, administration and financing, as well as on the control of the foundation. It defines in the regulation the relationship to the employers, the insured persons and the beneficiaries. The regulation can be amended by the foundation board while preserving the acquired rights of the beneficiaries.
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