Jacksonville’s unfunded pension liability: the crisis of our time. Mayor Lenny Curry has a plan to solve it.
But it will need buy-in from Tallahassee, Curry said on Wednesday at the JAX USA quarterly luncheon.
Telling the pro-business crowd at the Hyatt Regency that on issues like “job creation, it’s exciting and encouraging to see how we’ve worked together as a team,” Curry noted that teamwork is needed on another issue of civic import.
“Unfunded pension liabilities” totaling “almost $2 Billion” are the major issue facing Jacksonville, a point the mayor has repeatedly made, even before his election in May.
Solving this issue, he said, would be huge for investments in all manner of “quality of life” issues.
Curry called on those assembled to “ask the Florida legislature for help” executing his plan, which will be formally rolled out in the coming weeks.
“Encourage them, call them,” Curry said.
Curry, whose Build Something That Lasts PAC has become a force in state politics already, apparently will need the buy-in from outside this region to solve this issue.
And he’s counting on the business community to help him secure that.