Morocco Delays Decision on Raising Public Sector Retirement Age to 63
The project providing for the increase in the retirement age to 63 years in Morocco, for those registered in the Collective Retirement Allocation Scheme (RCAR), is still pending validation. On Thursday, the Council of Government postponed its final decision without explanation.
Presented by the Ministry of Economy, Finance and Public Administration Reform, this project aims "to create a pension system composed of two poles, one for the public sector and the other for the private sector, in accordance with the recommendations of the National Commission for the Reform of Pension Systems." But no decision was made when the project was examined by the Council of Government, and the reasons for this postponement were also not given.
It should be noted that if the project is validated, from 2025, the year in which the funds are to be unified, retirement at age 63 will be implemented. In addition, for several years, Morocco has been constantly seeking ways to solve the problem of the deficit in the CMR and RCAR pension funds. Among other suggestions are raising the retirement age and consolidating the pension funds in the context of a project to extend social coverage in Morocco.
Related Articles
-
Google AdSense delayed? What Bank Al-Maghrib recommends doing
6 January 2026
-
Automobile: a Chinese giant invests 600 million dirhams in Morocco
3 January 2026
-
Morocco loses billions, MREs to the rescue
2 January 2026
-
Moroccan Diaspora Transfers: The New European Law Threatens Moroccan Banks
2 January 2026
-
Royal Air Maroc acquires new aircraft
30 December 2025