Monday, November 25

Morocco To Consider Increase Of Minimum Pension To 1500 Dirhams

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Rabat  –  The government is intending to consider the possibility of increasing minimum pension to 1500, Economy and Finance Minister Nizar Baraka said on Monday in Rabat.

The government decided on June to bring minimum pensions to 1000 dirhams benefiting retired people registered with the collective system for pensions allocation (RCAR), Baraka recalled while answering MPs questions at the Lower House.

He explained that this decision, which was taken following an agreement with the Caise de depot et de gestion (CDG), will benefit 1500 people.

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