Walter Jenny-Stiftung

The purpose of the foundation is to implement occupational pension schemes within the framework of the BVG and its implementing provisions for the beneficiaries specified below against the economic consequences of old age, disability and death. Beneficiaries are the employees of the company, their dependents and their survivors, as well as persons for whom the employee cared for to a significant extent at the time of his death or in the years prior to his death. The foundation can provide further benefits beyond the statutory minimum benefits, including support services in emergencies such as illness, accident, disability or unemployment. By resolution of the Board of Trustees, in agreement with the company, the staff of companies that are financially or economically closely related to the company can also be affiliated to the foundation, provided that the foundation is provided with the necessary funds by these companies. The supervisory authority must be brought to the attention of the relevant affiliation agreements. Only pension benefits may be provided from the foundation's assets and its earnings. Services that the company is legally obliged to provide or that it usually provides in return for services rendered (such as cost-of-living, family and child allowances, bonuses) are excluded.