CDG Prévoyance, a branch of Morocco’s Deposit and Management Fund (Caisse de dépôt et de gestion – CDG), is responsible for managing two institutions: the National Pension and Insurance Fund (Caisse nationale de retraites et d’assurances – CNRA) and the Collective Pension Scheme (Régime collectif d’allocation de retraite – RCAR). Its primary mission is to ensure the management of pension schemes and solidarity funds, while contributing to the country’s economic, social and human development.
In order to support the public authorities with Morocco’s pension reform, since 2002 CDG Prévoyance has, through the RCAR, integrated 22 internal pension funds belonging to a number of public institutions. These integration procedures were a precondition for Morocco’s public authorities to be able to launch the country’s pension reform. To ensure the success of this process, CDG Prévoyance developed an actuarial mechanism to handle the internal pension funds’ integration. Its purpose was to draw up a technical plan and evaluate the cost of integrating each internal pension fund.
This good practice was submitted by the CDG Prévoyance that is now part of Savings-Pensions Branch of the Deposit and Management Fund (Branche Epargne-Prévoyance de la Caisse de Dépôt et de Gestion – BEP CDG).