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Home » Economy » Moroccan Retirement Pension Will Be Given at End of Month, Instead of Beginning: CIMR

Moroccan Retirement Pension Will Be Given at End of Month, Instead of Beginning: CIMR

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Oct, 05, 2017
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Moroccan Retirement Pension Will Be Given at End of Month, Instead of Beginning: CIMR

Moroccan Retirement Pension Will Be Given at End of Month, Instead of Beginning: CIMR

Rabat – The Moroccan Inter-Professional Pension Fund (CIMR) announced on October 3 that its beneficiaries will receive retirement pensions on the last working day of each month, instead of the beginning of the following month.

The initiative is part of CIMR’s strategy to improve the quality of services offered to its beneficiaries, said the fund in a communiqué.

Founded in 1949, CIMR is a retirement company whose mission is “to promote a sustainable, balanced and supportive pension scheme guaranteeing beneficiaries a fair pension in the framework of effective management.”

The CIMR is managed by a Board of Directors elected by the General Assembly of the members.

In 2016, the CIMR had 6,276 member companies, 615,934 active contributors and beneficiaries and 164,435 beneficiaries.

The total amount of technical products of the CIMR amounted to MAD 7.719 million and the total of the pensions provided was MAD 3.780 million.

Tags: CIMRMoroccan Inter-Professional Pension FundPensions and retirementretirementretirement pensionsRetiring in Morocco
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