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PensionWatch

Jacksonville Municipal Employees Retirement System

public plan · City of Jacksonville · Orlando, FL

ACTIVE
C
Pension Health Score
62/100
Funding Status68% Funded
0%80% threshold100%
$2.4B
Total Assets
$3.6B
Total Liabilities
$1.1B
Unfunded Liability
11,178
Participants

Funding History

What This Means for You

Jacksonville Municipal Employees Retirement System is 68% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.1B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$2.4B$3.6B68.0%$110.3M
2024$2.3B$3.3B70.2%$105.7M
2023$2.2B$3.3B66.7%$94.5M
2022$2.1B$3.0B72.3%$93.7M
2021$2.0B$2.9B67.7%$106.3M