The Minister of Economy and Finance chaired, by delegation from Mr. Head of Government, Monday, January 12, 2026, the meeting of the Board of Directors of the Moroccan Pension Fund (CMR).
In her opening address, the Chair expressed her thanks to the members of the Board as well as to the committee chairpersons for their efforts and commitment to contributing to decision-making aimed at strengthening the institution’s performance and improving the quality of services provided to users and partners.
She also congratulated the CMR on the excellence distinctions obtained from the International Social Security Association (ISSA) during its World Forum held in Malaysia, noting that this international recognition confirms the Fund’s leadership position and attests to the quality of its achievements and the tangible results recorded.
Furthermore, the Minister recalled the entry into force, as of January 1, 2026, of the full exemption from income tax applicable to pensions, before reaffirming that pension reform remains a national and governmental priority to ensure the sustainability of rights and protect future generations, while confirming the Government’s commitment to ensuring its success. She also specified that this reform is being conducted according to a participatory approach, based on dialogue and transparency.
During this meeting, the Board of Directors took note of the positive assessment of the first year of implementation of the institution’s strategic plan, as demonstrated by the indicators presented. It also welcomed the good performance of the financial portfolio of the schemes managed by the Fund.
The Board emphasized the importance of continuing efforts to strengthen the proximity policy in accordance with the strategic orientations adopted for the 2025–2027 period, through the achievement of the set objectives, notably the creation of new reception points, the extension of the one-stop shop concept to new partners, and the adoption of a proactive approach to guarantee access to rights.
The Board also took note of the main projects scheduled for this year, which aim to promote the use of digital services, consolidate the institution’s corporate social responsibility, and strengthen the Fund’s information system and ensure its security.
After reviewing the items on the agenda, the Board of Directors approved the action plan and the budget for the year 2026, as well as the draft decisions submitted to it.
On this occasion, the new performance contract concluded with the State was signed.
The session concluded with the reading of a message of loyalty and allegiance to his majesty king Mohammed VI, may God assist him.
