Jacksonville General Employee Pension Plan Basics, by Plan
Plan |
Assets (millions) |
Total Members |
Jacksonville ERS |
1,940.4 |
8,267 |
Other Plans |
0 |
0 |
Total |
1,940.4 |
8,267 |
Source: Public Plans Database (as of 2023)
Note: Jacksonville General Employee Pension Plan has 0 other plans.
Assets
Assets at Year-End
Jacksonville General Employee Pension Plan
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
1.4 |
2002 |
1.3 |
2003 |
1.4 |
2004 |
1.5 |
2005 |
1.6 |
2006 |
1.7 |
2007 |
1.9 |
2008 |
1.4 |
2009 |
1.4 |
2010 |
1.5 |
2011 |
1.4 |
2012 |
1.6 |
2013 |
1.7 |
2014 |
1.8 |
2015 |
1.7 |
2016 |
1.8 |
2017 |
2.0 |
2018 |
2.1 |
2019 |
2.0 |
2020 |
2.0 |
2021 |
2.3 |
2022 |
1.8 |
2023 |
1.9 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
Jacksonville General Employee Pension Plan |
US State and Local Pensions |
2001 |
1.3 |
2.4 |
2002 |
1.4 |
2.3 |
2003 |
1.3 |
2.2 |
2004 |
1.2 |
2.1 |
2005 |
1.2 |
2.1 |
2006 |
1.2 |
2.0 |
2007 |
1.2 |
2.0 |
2008 |
1.2 |
1.9 |
2009 |
1.3 |
1.9 |
2010 |
1.4 |
1.8 |
2011 |
1.3 |
1.7 |
2012 |
1.1 |
1.6 |
2013 |
1.0 |
1.5 |
2014 |
1.0 |
1.4 |
2015 |
1.0 |
1.4 |
2016 |
0.9 |
1.4 |
2017 |
0.9 |
1.4 |
2018 |
0.8 |
1.3 |
2019 |
0.8 |
1.3 |
2020 |
0.7 |
1.3 |
2021 |
0.6 |
1.2 |
2022 |
0.6 |
1.2 |
2023 |
0.5 |
1.2 |
2023 Membership for Jacksonville General Employee Pension Plan
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
2,792 |
5,341 |
134 |
8,267 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Jacksonville General Employee Pension Plan
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
-60.4 |
1,426.9 |
2002 |
-63.2 |
1,294.9 |
2003 |
-65.1 |
1,436.6 |
2004 |
-63.7 |
1,547.4 |
2005 |
-61.6 |
1,627.8 |
2006 |
-71.9 |
1,688.6 |
2007 |
-59.5 |
1,852.3 |
2008 |
-65.8 |
1,442.7 |
2009 |
-70.7 |
1,367.7 |
2010 |
-59.7 |
1,456.1 |
2011 |
-80.1 |
1,385.3 |
2012 |
-81.0 |
1,558.6 |
2013 |
-89.9 |
1,733.3 |
2014 |
-80.2 |
1,848.2 |
2015 |
-68.8 |
1,739.9 |
2016 |
-77.7 |
1,829.2 |
2017 |
-75.7 |
2,019.7 |
2018 |
-91.5 |
2,085.1 |
2019 |
-110.2 |
1,989.6 |
2020 |
-110.2 |
2,005.2 |
2021 |
-116.3 |
2,299.7 |
2022 |
-122.0 |
1,827.0 |
2023 |
-121.4 |
1,940.4 |
2023 Cash Flows for Jacksonville General Employee Pension Plan (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
109.2 |
230.5 |
234.9 |
113.5 |
Cash Flow as a Percentage of Assets
Jacksonville General Employee Pension Plan
2001-2023
Fiscal Year |
Jacksonville General Employee Pension Plan |
National Average |
2001 |
-4.2 |
-2.1 |
2002 |
-4.9 |
-2.0 |
2003 |
-4.5 |
-2.5 |
2004 |
-4.1 |
-2.0 |
2005 |
-3.8 |
-2.2 |
2006 |
-4.3 |
-2.2 |
2007 |
-3.2 |
-2.1 |
2008 |
-4.6 |
-2.3 |
2009 |
-5.2 |
-3.1 |
2010 |
-4.1 |
-3.2 |
2011 |
-5.8 |
-3.1 |
2012 |
-5.2 |
-3.3 |
2013 |
-5.2 |
-3.1 |
2014 |
-4.3 |
-2.9 |
2015 |
-4.0 |
-2.8 |
2016 |
-4.2 |
-3.0 |
2017 |
-3.7 |
-2.9 |
2018 |
-4.4 |
-2.6 |
2019 |
-5.5 |
-2.6 |
2020 |
-5.5 |
-2.4 |
2021 |
-5.1 |
-2.1 |
2022 |
-6.7 |
-2.1 |
2023 |
-6.3 |
-2.1 |