Application of the Notional Accounts Model to the Civil Pension Scheme In Morocco

Latifa Aitoutouhen, Faris Hamza


The decline in the mortality rate and lengthening of life expectancy undermine now the sustainability of pension schemes worldwide and weigh heavily on their functioning and financial equilibrium.

This article seeks to optimally manage longevity risk that runs the Civil Pension Moroccan fund financed by pay-as-you-go (PAYG), by proposing a reform that will take this effect into account, we will show that this correction can be realized by adopting the technique of notional accounts.

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Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.