The purpose of the foundation is to provide for the beneficiaries listed below against the economic consequences of old age, disability and death, as well as to support the pensioner or their dependents in cases of need such as illness, accident, disability or unemployment. The beneficiaries are the employees of the founding company and its affiliated companies, as well as their dependents and heirs, and persons for whom the employee has demonstrably provided until the end. The employer may also be included in the regulatory provision for the cases of old age, death and disability. However, the employer may not be treated more favorably than the employees in any respect. The purpose also includes the collection of employer contributions and grants and their transfer to other employee benefit institutions that the company has joined or established itself. To achieve its purpose, the foundation may conclude insurance contracts or enter into existing ones, whereby the foundation must be the policyholder and beneficiary.