Evaluation and Measurement of the Internal Performance of the Civil Regime of the Moroccan Pension Fund

Latifa Aitoutouhen and Faris Hamza
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Latifa Aitoutouhen: PhD student. University Abdel Malek Essâadi , Polydisciplinary faculty, Tetouan, Morocco
Faris Hamza: Professor of Higher Education. University Abdel Malek Essâadi, Polydisciplinary faculty, Tetouan, Morocco

International Journal of Economics and Financial Research, 2017, vol. 3, issue 3, 19-30

Abstract: The civil pension scheme of the Moroccan pension fund is ‘Bismarkian’, contributory and mandatory. This pay-as-you-go system finds its foundation in social justice and intergenerational equity. The evaluation of the sustainability and viability of this scheme can not be carried out solely by the financial component, even if this criterion is essential to ensure the confidence of the affiliates. It also requires consideration of other criteria to ensure its ability to meet its commitments and achieve its objectives. This paper proposes to analyze and evaluate the internal civil regime performance of the Moroccan Pension Fund (CMR) based on the identification and measurement of indicators of three main parameters: generosity, equity, and the inter and intra generational redistribution.

Keywords: Internal performance indicators; Inter and intra generational equity; Generosity; Redistribution and contribution; The civil regime of the Moroccan pension fund. (search for similar items in EconPapers)
Date: 2017
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