The foundation aims to protect the employees entrusted with management and their dependents from the economic consequences of old age, death, disability and unforseen circumstances. By decision of the foundation board, the foundation can also be joined by the management personnel of companies economically or financially closely linked to the founder, provided that the necessary funds are made available to the foundation and the rights of the existing beneficiaries are not impaired. The purpose of the foundation can be fulfilled: a) through an autonomous pension fund, if the actuarial requirements are met, b) through insurance contracts, where the foundation must be the policyholder and beneficiary, c) through a retirement savings plan, possibly with supplementary risk insurance. The foundation can also provide services to other tax-exempt employee benefit institutions established for the benefit of the beneficiaries to finance contributions and insurance premiums.
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