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Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia .
The Employees' Social Security Act 1969 (Malay: Akta Keselamatan Sosial Pekerja 1969), is a Malaysian laws which enacted to provide social security in certain contingencies and to make provision for certain other matters in relation to it.
[1] Soon after, labour leader PP Narayanan emerged as a founder of the National Union of Plantation Workers. This union proved highly successful, becoming one of the strongest in the region, and in 1950 he was elected as president of the MTUC, aged only 27. He went on to serve as MTUC president for a total of 15 years spread over three spells. [2]