Retirement in Morocco: what are the advantages?

Benefits for former Moroccans living abroad, now retired and returning to Morocco, are governed by bilateral social security agreements between Morocco and the host countries. As a result, your definitive return to Morocco should not be an obstacle to benefiting from your social security rights. To benefit from these rights, you should contact the National Social Security Fund ("CNSS"), which acts as an intermediary with pension structures in other countries. To apply for social security benefits, you need to : 

Provide proof of civil status (birth certificate, spouse's birth certificate, marriage certificate, family record book, life certificate, etc.);

• Draw up your career record;
• Transmit your file from the CNSS using a form specific to each country;
• Periodically provide proof of existence to maintain payment of acquired benefits.  

Advantageous and accessible formulas are available from your bank for gradually building up retirement savings. A retirement savings product allows you to gradually build up a main or supplementary pension, while benefiting from tax advantages. Thanks to free and regular payments, you can act at any time and modify the amount and frequency. You can even make exceptional payments or extend your retirement age. What's more, your savings are always available. On simple request, you can obtain an advance or redeem part of your savings. Thanks to your retirement savings contract, you can benefit from several investment options for your savings and expect a return tailored to your savings profile. In the event of death, the increased capital is paid out to the designated beneficiaries or rightful claimants. In the event of absolute and permanent disability, the accumulated savings are paid out to the policyholder.