Speaking before the House of Representatives’ Finance and Economic Development Committee during a presentation of his ministry’s budget under the 2027 Finance Bill, Lekjaa said the two bills were in the final stages of preparation.
The government aims to complete their passage through Parliament before the end of December 2026 so the new measures can come into force at the start of 2027.
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The first bill concerns survivor benefits paid to widows. The government plans to double the current rate from 50% to 100% of the pension their deceased spouses were entitled to receive. The increase is expected to benefit 431,334 people and cost an estimated 7.33 billion dirhams annually.
The second bill would raise the minimum monthly retirement pension to 1,700 dirhams from January 1, 2027. The first phase is expected to cover 557,472 retirees, with an estimated annual cost of around 3.3 billion dirhams. The state is expected to cover most of the expense.
Under the 2027 Finance Bill, the minimum pension would then increase gradually, reaching 2,000 dirhams in 2028, 2,500 dirhams in 2029 and 3,000 dirhams a month in 2030.
