The purpose of the foundation is to provide occupational pension benefits to employees in the company's internal service and to persons employed in the company's external service in Switzerland (general agents and their employees) whose pensionable salary exceeds the maximum amount set by the Swiss Life Personal pension foundation, as well as their dependents and survivors, against the economic consequences of old age, disability and death, and to support the pension beneficiary or their survivors in cases of need such as illness, accident, disability or unemployment. By decision of the foundation board, the foundation may also be joined by the personnel of companies economically or financially closely related to the company, provided that the necessary means are made available to the foundation and the rights of the existing beneficiaries are not impaired. The purpose of the foundation can be fulfilled through an autonomous pension fund, if the actuarial prerequisites are met; through insurance contracts, where the foundation must be the policyholder and beneficiary; or through a retirement savings plan with supplementary risk insurance.
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