Rabat, Morocco (TMT)- Various Moroccans were caught dismayed following the president of the court of Audits, Driss Jettou, calling for more reforms in Morocco’s pension system, only 3.5 years after the adoption, during the mandate of the Benkirane government, of what was described back-then as “huge reforms” in the aforementioned funding system.
Jettou alluded in his address last Tuesday in the parliament that a reform must take place urgently in the near future as Morocco is currently facing new changes in the work force market as well as changes in the country’s demographics.
“At the time when the number of pensioners rose to 358,000 in 2017 against 337,000 in 2016, contributions collected in 2017 reached DHS 18.6 billion for a total of handed pensions of DHS 24.2 billion. This situation involved a technical deficit of 5.6 DHS billion last year, against a deficit of DHS 4.76 billion in 2016,” the head of Morocco’s Audits Court stated in his address in front of parliamentarians of the two houses.
It is worth reminding that the reforms that were adopted few years ago were a bone of contention between the Benkirane government and the public, triggering various protests by work unions.
Back-then, the reforms were only adopted against the will of the mainstream and are still nowadays considered a pebble in the throat of many Moroccans, with some having to work three more years before retirement.
The Moroccan Times.