GlossaryInsurance
CIMR — Moroccan Interprofessional Retirement Fund
Short definition
Mandatory complementary retirement fund for private sector executives in Morocco.
Detailed definition
CIMR is complementary retirement fund for Moroccan private sector executives and executive employees. Mandatory for employers via collective agreement. Contribution ≈ 12% of salary (6% employer + 6% employee), capped. Complements CNSS pension and targets total replacement rate 70-80% of last salary at retirement. Created in 1949, 700,000+ members.
Concrete example
Executive 20,000 MAD/month salary: CIMR contributions 1,200 employee + 1,200 employer. At retirement (after 35 years): estimated CIMR pension ≈ 6,000 MAD/month complementing CNSS (8,000 MAD).
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