Moroccan Gov't Proposes Lifting Retirement Age to 63 by 2019
Rabat - The Moroccan cabinet on Thursday passed pension reform draft bills which propose to lift gradually the retirement age of public servants from 60 to 63 years by 2019.
Source : https://www.emouaten.com/english/Moroccan-Gov-t-Pr...
The government proposes to lift the retirement age to 61 years starting from January 1st 2017, to 62 years starting from January 1st 2018 and to 63 years starting from January 1st 2019.
The reform includes also a 50 pc increase of minimum pension payment from 1,000 dirhams to 1,500 dirhams, and a 14 pc raise of public servants and employers' contributions, Communication Minister, Government Spokesman, Mustapha El Khalfi underlined at a press conference following the weekly cabinet meeting.
As part of the proposed reform, the government approved a draft bill aiming at generalizing coverage through the integration of self-employed workforce in the pension funds.
Earlier today, Morocco's main unions slammed the government's "attempt to impose its vision" of pension fund reform, deeming it a "provocative act" and a "rejected approach" in treating such an important issue which interests a large segment of Moroccan society, especially public servants.
In a joint release, the Moroccan Labor Union (UMT), the Democratic Labor Confederation (CDT), the General Union of Morocco's workers (UGTM) and the Democratic Labor Federation (FDT) warned of "serious repercussions".
The reform includes also a 50 pc increase of minimum pension payment from 1,000 dirhams to 1,500 dirhams, and a 14 pc raise of public servants and employers' contributions, Communication Minister, Government Spokesman, Mustapha El Khalfi underlined at a press conference following the weekly cabinet meeting.
As part of the proposed reform, the government approved a draft bill aiming at generalizing coverage through the integration of self-employed workforce in the pension funds.
Earlier today, Morocco's main unions slammed the government's "attempt to impose its vision" of pension fund reform, deeming it a "provocative act" and a "rejected approach" in treating such an important issue which interests a large segment of Moroccan society, especially public servants.
In a joint release, the Moroccan Labor Union (UMT), the Democratic Labor Confederation (CDT), the General Union of Morocco's workers (UGTM) and the Democratic Labor Federation (FDT) warned of "serious repercussions".
Source : https://www.emouaten.com/english/Moroccan-Gov-t-Pr...