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Monday, April 4, 2022
LLNS Pension COLA
Given this years inflation rate what might our LLNS pension % COLA be this Summer?
I've always found the COLA verbiage in the TCP1 documents confusing but it looks like the maximum increase is 6% (2% max base + 4% max adjustment). Even if inflation is raging at 15%. Feb numbers for California CPI aren't out yet but I'm guessing we'll see an increase of around 5 to 5.5 percent max. Others can chime in when official numbers are out.
Distributing unequal increases beyond a TCP1 COLA for Lab retirees might be problematic, but LLNS salary increases are not transparent, so I’m confident the good old boys and gals will continue to receive handsome salary increases and bonuses high inflation or not, at the expense of Lab worker bees.
“Worker bees don't complain, they just work. Try it.”
Your wanna-be for-profit LLC perspective (no free market competition consequences) and honesty are appreciated, but soon to be replaced by a non-profit like TRIAD. Tick-tock.
Actually, 4/15/2022 10:12 AM , the way it really works is that savvy line managers take some from the highly compensated and redistribute as merit increases. If the worker bees are buzzin, they get rewarded. Drones, not so much.
"Take an honest poll and ask LANL employees if they like working for Triad."
Let's have an "honest" poll at LLNL and ask LLNS employees if we like working for LLNS, (which in practice is ruled by Bechtel), over UC/LLNL in terms of work environment, perceived appreciation and respect for the scientific and engineering workforce efforts and talent, medical benefits, and compensation? I think the NNSA has already chimed in on this pay more get less contractor scheme with our "sister lab" LANL. Goodbye LANS hello TRIAD.
When was the last time an “honest” poll was conducted at a National Laboratory? I think that maybe in 1945 when the petition circulated against the use of the bomb against Japan. Even then, the Director ignored it.
That would have been a classified petition, not a "poll" in any sense, just disgruntled, unpatriotic employees. If it happened at all, the Director rightly ignored it, He was under orders like everyone else.
Take an honest poll and ask LANL employees if they like working for Triad.
4/16/2022 5:41 PM
I did, a rather informal one but I did and yes they all like working for Traid and agree Traid is much better than LANS. perhaps I can only speak for a portion of the lab but unless you know something I do not I would say your assessment is rather off. In general the place has improved after Triad came in. Perhaps not some great leaps and bounds but by either a small amount or moderate amount and it all adds up. Just a few things (1) paper work seems much more efficient now, this is a big one. (2) Getting stuff seems easier. (3) Some of the worst managers are gone. (4) there seems a step up in professionalism. (5) stuff seems to be fixed faster.
Of course it is still LANL with all the NNSA rules and so on, chasing money, politics and so on but when you add up all the things that have gotten better it is pretty good. Now there could some issues with benefits and so on that I am not aware but my assent of 1-5 seems to be in agreement with improvements.
If you have some specific issues or your own poll I would like to hear it. Perhaps in your group there are issues that have increases since Triad.
16 comments:
2%. Read the fine print.
Actual cost of living is in the doughnut hole for UC pensioners.
2% COLA?
Inflation rose at fastest pace in 40 years in March as consumer prices jumped 8.5%
https://www.google.com/amp/s/amp.usatoday.com/amp/7284054001
For those with UC pensions, the announced 2022 cola (retired before 2019) is 3.69%.
I've always found the COLA verbiage in the TCP1 documents confusing but it looks like the maximum increase is 6% (2% max base + 4% max adjustment). Even if inflation is raging at 15%. Feb numbers for California CPI aren't out yet but I'm guessing we'll see an increase of around 5 to 5.5 percent max. Others can chime in when official numbers are out.
If using the 1970s and 1980s measure of inflation, its over 11% now, and some say closer to 17%.
Distributing unequal increases beyond a TCP1 COLA for Lab retirees might be problematic, but LLNS salary increases are not transparent, so I’m confident the good old boys and gals will continue to receive handsome salary increases and bonuses high inflation or not, at the expense of Lab worker bees.
Worker bees don't complain, they just work. Try it.
“Worker bees don't complain, they just work. Try it.”
Your wanna-be for-profit LLC perspective (no free market competition consequences) and honesty are appreciated, but soon to be replaced by a non-profit like TRIAD. Tick-tock.
Actually, 4/15/2022 10:12 AM , the way it really works is that savvy line managers take some from the highly compensated and redistribute as merit increases. If the worker bees are buzzin, they get rewarded. Drones, not so much.
4/15/2022 8:32 PM
Take an honest poll and ask LANL employees if they like working for Triad.
"Take an honest poll and ask LANL employees if they like working for Triad."
Let's have an "honest" poll at LLNL and ask LLNS employees if we like working for LLNS, (which in practice is ruled by Bechtel), over UC/LLNL in terms of work environment, perceived appreciation and respect for the scientific and engineering workforce efforts and talent, medical benefits, and compensation? I think the NNSA has already chimed in on this pay more get less contractor scheme with our "sister lab" LANL. Goodbye LANS hello TRIAD.
Anonymous said...
4/15/2022 8:32 PM
Take an honest poll and ask LANL employees if they like working for Triad.
4/16/2022 5:41 PM
Better than tarring flat roof adobes all day! Or flipping patties at Blake's Lotaburger!
(just a few of the many other opportunities in Norte Nuevo Mexico)
When was the last time an “honest” poll was conducted at a National Laboratory? I think that maybe in 1945 when the petition circulated against the use of the bomb against Japan. Even then, the Director ignored it.
4/17/2022 11:40 PM
That would have been a classified petition, not a "poll" in any sense, just disgruntled, unpatriotic employees. If it happened at all, the Director rightly ignored it, He was under orders like everyone else.
Take an honest poll and ask LANL employees if they like working for Triad.
4/16/2022 5:41 PM
I did, a rather informal one but I did and yes they all like working for Traid and agree Traid is much better than LANS. perhaps I can only speak for a portion of the lab but unless you know something I do not I would say your assessment is rather off. In general the place has improved after Triad came in. Perhaps not some great leaps and bounds but by either a small amount or moderate amount and it all adds up. Just a few things (1) paper work seems much more efficient now, this is a big one. (2) Getting stuff seems easier. (3) Some of the worst managers are gone. (4) there seems a step up in professionalism. (5) stuff seems to be fixed faster.
Of course it is still LANL with all the NNSA rules and so on, chasing money, politics and so on but when you add up all the things that have gotten better it is pretty good. Now there could some issues with benefits and so on that I am not aware but my assent of 1-5 seems to be in agreement with improvements.
If you have some specific issues or your own poll I would like to hear it. Perhaps in your group there are issues that have increases since Triad.
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