Prospection of the Factors Impacting the Sustainability of the Moroccan Pension Scheme

The objective of this study is to identify the factors impacting the sustainability of the Moroccan pension system. To this end, an adapted literature review and a study of the history and current diagnosis of the Moroccan pension system were conducted. Thus, variables appropriate to the factors identified in the literature review were selected to analyze their effects on the sustainability of the Moroccan pension system. This analysis revealed the impact of economic and demographic factors on the sustainability of the Moroccan pension system, and that over the last decade, the financial factor has also had a significant impact. Furthermore, between the 1990s and the 2000s, factors related to pension legislation and to management of the pension scheme had a significant impact on the sustainability of Moroccan pension plans. The article also discusses the efforts made by the Moroccan government to make the national pension system sustainable, some of which are in perfect harmony with the results obtained.  Keywords: Sustainability, Pension scheme, Morocco, pension reform. JEF classification: H55, H75.