The purpose of the foundation is to provide for the employees of the affiliated companies 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, - providing voluntary purchase benefits for the regulatory pension of employees, - providing benefits to finance contributions and insurance premiums to other tax-exempt pension institutions that exist for the benefit of the beneficiaries. However, employer contributions can only be made from the foundation's funds if contribution reserves have been previously accumulated and separately disclosed (employer contribution reserves). Furthermore, the foundation aims to support employees and their dependents in cases of need, such as illness, accident, disability or unemployment. In addition, contributions can be made to promote special training for employees. Other companies that are economically or financially closely linked to the affiliated companies can be affiliated with the foundation, provided that the necessary funds are made available to the foundation and the acquired rights and entitlements of the existing beneficiaries are not impaired. A decision of the foundation board is required for this purpose, which must be notified to the supervisory authority.
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