The purpose of the foundation is to provide for the 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 regular and extraordinary contributions to the personnel pension fund of BMW (Schweiz) AG, by forming provisions to cover underfunding of the personnel pension fund of BMW (Schweiz) AG, by providing voluntary additional benefits to the statutory pension benefits in the event of old age, disability and death, and by providing voluntary purchase benefits for the statutory 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 may also, by decision of the foundation board, which must be notified to the supervisory authority, include the personnel of companies economically or financially closely related to the company, provided that the foundation has the necessary means at its disposal and the acquired rights and entitlements of the previous beneficiaries are not impaired.
Outbound Leads by COHAGA