The EPF is a social security institution established under Malaysian law to provide retirement benefits by managing members' savings. It has over 14 million members and investments in government securities, money market instruments, loans, bonds, equity and property. Employers must register with and make contributions to the EPF, deducting amounts from employee wages. Employees can withdraw savings for housing, education, medical expenses or upon retirement. The document also outlines various types of group insurance available including life, accident, medical, and compensation coverage required for foreign workers. Employers must obtain guarantees for foreign worker hospitalization and surgical expenses