The foundation aims to provide additional pension benefits to the employees of the company and economically and financially closely related companies, as well as their dependents and heirs, against the economic consequences of old age, disability, and death, in addition to the pension fund SPS and Jelmoli. The foundation can provide further benefits beyond the statutory and regulatory minimum benefits, including support in cases of need, such as illness, accident, disability, or unemployment. Companies that are sold by the company to third parties can remain affiliated with the foundation. The affiliation of a related company is based on a written affiliation agreement. In any case, the necessary funds must be made available to the foundation, and the rights of the existing beneficiaries must not be impaired. The affiliation of a related company must be notified to the supervisory authority. The foundation can also provide services to other tax-exempt personnel pension institutions of the founder company, which exist for the benefit of the beneficiaries, to finance contributions and insurance premiums. However, employer contributions can only be made from the foundation's funds if the employer has previously built up contribution reserves and these are separately disclosed (employer contribution reserves).
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