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E. Unfunded actuarial accrued liability $22,495,053 $17,280,531

Quarterly Pension Meeting · 2026-05-26 · agenda_item

This item concerns the City of Jacksonville Beach General Employees' Retirement System's financial status. The system is discussing its unfunded actuarial accrued liability, which was $22,495,053 as of October 1, 2025. The meeting will review funding progress indicators and compare recommended versus actual contributions over several fiscal years. This is an early stage of review for the city's pension system finances. The work involved includes actuarial analysis, financial reporting, and potentially future adjustments to contributions or benefits. This process could lead to future financial planning and management needs. Local businesses in finance, accounting, and consulting may find opportunities to engage with the city as these financial matters are reviewed and planned.

unfunded actuarial accrued liability
22,495,053 $
unfunded actuarial accrued liability
17,280,531 $
recommended contributions
3,642,017 $
recommended contributions
3,966,418 $

Industries that could win this work

  • Accounting & Tax
  • Business Consulting
  • Financial Planning & Advisory

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