Wohlfahrtsfonds der Baugenossenschaft St. Jakob

The purpose of the foundation is to provide for the active and retired employees of the company and their dependents against the economic consequences of old age, disability and death. This purpose can be fulfilled in particular by providing voluntary additional benefits to the regulatory pension benefits in the event of old age, disability and death under the BVG, and by providing voluntary purchase benefits for the regulatory pension of employees. Furthermore, the foundation aims to support employees and their dependents in cases of need, such as illness, accident, disability or unemployment. The foundation may also provide benefits to other tax-exempt pension institutions that exist for the benefit of the beneficiaries in order to finance contributions and insurance premiums. The foundation board reviews the appropriateness of the annual voluntary additional benefits to the beneficiaries on an annual basis.