The Minister of Economy and Finance, Nadia Fettah Alaoui, on Friday welcomed the new 2022-2024 strategic vision of the Caisse Marocaine des Retraites (CMR), which would strengthen the role of the Caisse as “trusted actor” for transparent, efficient and agile management of public pensions.
Nadia Fettah Alaoui who chaired, by videoconference, the meeting of the Board of Directors of the CMR, also welcomed the positive results of the realization of the 2018-2020 program contract of the CMR, underlines a press release from the Caisse.
In her opening address, the Minister also emphasized the importance of beginning the second phase of the reform of pension plans, which aims to set up the public sector. Quoted by the press release, the Minister recalled the important role of the CMR in the national pension system through the management of the rights of more than 2 million affiliates and retirees and its role as a leading institutional investor.
In relation to the new framework law relating to the reform of public establishments and enterprises, the Minister underlined that the CMR remains keen to engage in this reform in order to consolidate its strategic role in the implementation of public policies and strategies. sectors of the State and strengthen its performance. She also welcomed the positive and early involvement of the Fund in the application of the provisions of Law 55.19 relating to the simplification of procedures and administrative procedures.
For the Board of Directors, it was a question of underlining the interest of the transition from the CMR to the accompanying control and the opportunity to conclude a new program contract with the State for the period 2022-2024, notes the communicated.
With regard to the financial situation of the Civil Pensions Scheme, the Council encouraged the public authorities to take the necessary measures to comply with the regulatory provisions governing the financial balance of this scheme, adds the same source.
The work of this session focused mainly on the closing of CMR’s accounts for the 2020 financial year and the approval of the Caisse’s new strategic vision and its action plan for the 2022-2024 period, as well as as well as the action plan and the budget for the year 2022.