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Versicherungskammer Bayern Pensionskasse AG, Munich, Germany
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Corporate purpose
Operation of life insurance policies in the form of a pension fund within the meaning of § 1 b para. 3 of the Act on the Improvement of Occupational Pensions. The type and amount of insurance benefits are limited to the compensation of lost earned income due to retirement due to old age, disability or death. Benefits in the event of death in addition to ordinary funeral expenses are only provided to surviving dependants.
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