‘s vital pension system is grappling with significant sustainability challenges, prompting the government to embark on a comprehensive diagnostic mission. At the forefront of this crucial assessment, the National Social Security Fund (CNSS) recently presented a detailed report on its financial health, marking a pivotal step before the unveiling of an overarching reform plan.
CNSS Lays Bare its Financial Landscape
Officials from the CNSS convened with the technical committee of the National Commission for Pension Reform on Thursday in Rabat. This meeting served as a cornerstone of the diagnostic phase, a prerequisite for the government to finalize its much-anticipated pension system overhaul. The CNSS presentation delved into a range of critical indicators, offering a transparent look at its operations. Key areas covered included revenue streams, the total number of contributors, the efficiency of file processing, and overarching trends in both contributions and expenditures. Furthermore, the report provided essential data on health benefits, equipping the committee with a robust foundation for an accurate financial appraisal of the fund.
A Broader Sweep: Other Funds Under Scrutiny
The CNSS report is just the beginning of a wider assessment. In the coming weeks, similar high-stakes meetings are slated with other prominent pension funds across the kingdom. These include the Moroccan Interprofessional Pension Fund (CIMR), the Moroccan Pension Fund (CMR), and the Collective Retirement Allowance Scheme (RCAR). This holistic approach underscores the government’s commitment to a thorough understanding of the entire pension landscape before proposing any definitive changes.
Union Voices and the Road Ahead
Union representatives, present at the CNSS meeting, conveyed to SNRT News that substantive discussions on the reform itself are not expected to commence before February. They highlighted an upcoming meeting next month specifically dedicated to evaluating the CIMR’s situation, reinforcing the ongoing diagnostic process. This methodical pace comes amidst persistent calls from trade unions, who are urging the government to articulate a clear, long-term strategy for pension funds and to accelerate the implementation of related social legislation.
During the technical committee’s last gathering in December, the government reiterated its pledge to present its final vision only after the comprehensive assessment of each fund is complete. This proposal will then be escalated to the National Commission for Pension Reform, presided over by Head of Government Aziz Akhannouch, for rigorous discussion and ultimate decision-making.
Charting the Reform Timeline
A union source, speaking to SNRTnews, suggested that Thursday’s meeting could pave the way for a multitude of scenarios designed to ensure the long-term sustainability of Morocco’s pension system. However, the source emphasized that the current focus remains squarely on diagnosis, not the implementation of reforms, a phase anticipated to extend beyond February, with potential for further extension if deemed necessary.
According to the government’s 2026 Finance Bill, authorities have set an ambitious target: to reach an agreement on the various reform scenarios by the end of April 2026. These crucial proposals are then expected to be submitted to the National Commission ahead of April, with final approval of the core reform outlines projected by the close of the month. Following this, the second phase will see the government diligently prepare the necessary legal and regulatory texts, with their submission to Parliament scheduled to begin in May 2026. Morocco stands at a critical juncture, with the future of its retirees hanging in the balance as these vital reforms take shape.
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