The foundation aims to provide supplementary pension benefits for the employees of the affiliated companies, as well as for their dependents and beneficiaries, against the economic consequences of old age, death, and disability. The foundation is an unregistered pension institution pursuant to Article 48 of the Federal Act on Occupational Retirement, Survivors' and Disability Pension Plans (BVG). It provides additional pension benefits. The affiliation of a related company is based on a written affiliation agreement, which must be notified to the supervisory authority. In addition to its main purpose, the foundation may provide support in special cases of need, such as illness, disability, accident, or unemployment. Employers may be included in the pension plan, but they must not be treated more favorably than employees in any respect. To achieve its purpose, the foundation may conclude insurance contracts or join existing contracts, provided that it is the policyholder itself.
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