The fund explained that its resources amount to 38.6 billion dirhams. However, its expenses amount to 45.4 billion dirhams, adding that the number of active participants currently exceeds one million, that is 22% of the total involved. The number of beneficiaries is about 940,000.
The meeting addressed social protection within the framework of a comprehensive reform and ensuring the sustainability of pension systems threatened by bankruptcy.
Among the proposals made by the Fund is investing in the employee’s contribution to the civil pension system (which represents 14% of the regular wage) to ensure an appropriate compensation rate that would preserve the purchasing power of the client during the retirement period.
The fund also proposed the periodic review of pensions within the framework of a comprehensive reform (by adopting the inflation rate as a reference) to work on the shortcomings of the current system.
#Morocco #Social_protection #Retirement #Fund
English 
العربية