navigation

1979

Back to the timeline

Migros Aid Fund

At the 1979 ballot, the cooperative members approve the amendment to the Articles of Association allowing employees to sit on the Boards of Directors with over 92% of votes cast in favour. The FMC also asks members whether Migros should set up a fund to provide targeted aid at home and abroad with an annual contribution of CHF 1 million, initially for a five-year period. This funding would not be covered by the "Culture Percentage." 95,159 voted in favour, 42,733 against