Two anonymous contributions on pension contributions:
Since LLNL is looking at employee contribution for next year what percentage did the LANL employees have to start contributing and what's the increase every years after that. Is it going to start at 2% and then go to 16% like was dicussed during the transition. We all want to know at LLNL how much we should bend over.
I hear UC has started deducting 4%from everyone's paycheck and they're going to follow CalPer's plan of increasing that 5% to 7% and up as time goes on. This took affect 4/15/2010. LLNS should start shortly. With LLNS retirement plan being $408M short I'd say 4% would be a good start and then as years go on maybe we can get it up to 16% as was talked about during the transition at which time they said, "not at this time". What a CYA statement. Someone please tell LLNL what LANS started at and what their project pay cuts are.
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