What benefit does EPF provide to employees regarding their long-term financial security?

The choice highlighting a structured saving plan for retirement accurately captures one of the core benefits of the Employees' Provident Fund (EPF). This system is designed to help employees save systematically over their working lives, ensuring that they accumulate sufficient funds for their retirement. Contributions are made by both the employee and the employer, allowing savings to grow over time with interest. The structured nature of the plan promotes discipline in saving, enabling individuals to plan for their financial future more effectively. By the time employees retire, they have a solid financial cushion, which is essential for maintaining a decent standard of living without an active income.

The other options, while relating to employee benefits, do not directly align with the primary role of the EPF in fostering long-term financial security for employees. For instance, immediate cash benefits upon resignation do not promote sustained retirement savings, nor do guaranteed job placements or access to employer-owned investments specifically address the need for a secure retirement fund.