OPINION OF THE COURT

Appellant, Government Employees Retirement System of the Government of the United States Virgin Islands (“GERS”), filed this action against Charles Turnbull, in his capacity as Governor of the Virgin Islands; the Legislature of the Virgin Islands; and the Government of the Virgin Islands (“Appellees”). GERS appeals the District Court’s order granting Appellees’ Motion to Dismiss. For reasons different from those given by the District Court, we will affirm.

I.

On June 24, 1959, the Legislature passed legislation enacting GERS. GERS was established as an employee benefit and pension plan for employees of the Government of the Virgin Islands. The legislation provided that GERS would be financed by contributions from the employees, the Government as employer, and investments and interest income. Although the legislature granted management authority to a Board of Trustees to operate and manage GERS, it reserved for itself the power and responsibility to determine and adjust the contribution rates. See 3 V.I.C. § 718.

*500 In 1994, the Legislature enacted the Early Retirement Incentive, Training, and Promotion Act of 1994, which required the Government, as employer, to make quarterly contributions to GERS on behalf of the eligible employees to cover the cost of any special early retirement program. However, the Government failed to remit the qdarterly payments in accordance with the law. By 1999, GERS had an unfunded liability in excess of $500,000,000.

This is not the first time the District Court has considered complaints about the unfunded liability of the system and the Government’s refusal to make contributions. 1 In the case now on appeal, GERS filed suit for an injunction, damages to recover monies that are owed to it, and to force the Government to comply with its contractual obligations. The Legislature filed a motion to dismiss the complaint. The District Court heard argument on the motion. After a hiatus of nearly two years, the Court granted the motion to dismiss without an opinion, concluding GERS failed to show the existence of a contractual obligation arising from the local statute establishing GERS, and therefore it lacked standing. Additionally, because no federal claims were properly before the Court, it held that it lacked pendent jurisdiction over the local claims. GERS filed a Motion for Reconsideration, which the District Court denied, also without an opinion. This appeal followed.

II.

Although neither party raises the question of our jurisdiction, federal courts are bound by the justiciability doctrines of Article III of the United States Constitution. Here, the ripeness doctrine is dispositive.

Ripeness, like other justiciability doctrines, ultimately derives from Article Ill’s requirement that federal courts may decide only cases and controversies. Felmeister v. Office of Attorney Ethics, 856 F.2d 529, 535 (3d Cir. 1988); see also Nextel Communications of the Mid-Atlantic, Inc. v. City of Margate, 305 F.3d 188, 192 (3d Cir. 2002). Considerations of ripeness are sufficiently important that we are required to raise the issue sua sponte, even when the parties do not question our jurisdiction. Id. (citing Suburban Trails, Inc. v. New Jersey Trans. Corp., 800 F.2d 361, 365 (3d Cir. 1986)).

The Supreme Court has stated that to meet the ripeness standard, plaintiffs must show either a specific present objective harm or the threat of specific future harm. Laird v. Tatum, 408 U.S. 1, 14, 92 S.Ct. 2318, 33 L.Ed.2d 154 (1972). Furthermore, “[a] claim is not ripe for adjudication if it rests upon contingent future events that may not occur as anticipated, or indeed may not occur at all.” Texas v. United States, 523 U.S. 296, 300, 118 S.Ct. 1257, 140 L.Ed.2d 406 (1998) (internal citations omitted).

*501 Here, GERS has failed to establish a justiciable case or controversy by failing to demonstrate a specific harm, either present or future. At oral argument, counsel for GERS conceded that no GERS members have suffered any harm. Additionally, there is no evidence in the record that any GERS members have been denied, or are about to be denied retirement benefits, or were otherwise injured as a consequence of the claims alleged. Because any injury that may occur in the future is speculative, it would be improper for us to resolve the merits of the case now.

Because this case is not ripe for judicial review, it does not present a justiciable “case or controversy.” Accordingly, we will affirm the District Court’s order dismissing the complaint.