Morocco Delays Pension Reform Following September 2026 Legislative Elections

Morocco’s Pension Reform Deliberations Postponed Until 2026 Elections

The reform of pension schemes in Morocco will not be finalized before the legislative elections scheduled for September 23, 2026. The government has confirmed that the decision regarding the ultimate form of this reform will be left to the incoming administration, as discussions with social partners have yet to reach a consensus.

The work of the technical committee responsible for the reform is ongoing, with the preparation of a final report that outlines the various stages of dialogue between the government and labor organizations. The latest meeting, chaired by the Minister of Economy and Finance, Nadia Fettah Alaoui, resulted in continued development of this reference document.

The report, which spans over a hundred pages, compiles the findings from the eight meetings held by the technical committee. It includes a detailed analysis of the financial status of the pension funds, along with a summary of the observations and proposals made by trade unions regarding reform pathways and the sustainability of the system.

According to the established timeline, a new meeting of the technical committee is scheduled for early September to validate the final version of the report. This document will then be forwarded to the National Pension Reform Commission, which is expected to convene at the end of the same month.

At this stage, discussions remain focused on assessing the status of various schemes and analyzing financial and demographic issues. Actual reform scenarios have yet to be examined, making it unlikely that any reform will be adopted before the end of the current government’s term.

Thus, the pension reform initiative is expected to be taken up by the future government following the September 2026 elections, which will inherit the technical conclusions and recommendations developed over the past months.