This BLOG is for LLNL present and past employees, friends of LLNL and anyone impacted by the privatization of the Lab to express their opinions and expose the waste, wrongdoing and any kind of injustice against employees and taxpayers by LLNS/DOE/NNSA.
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Attended a meeting last week where an AD stated that doe and nnsa believe they own, or have ownership of the retirement monies. I was bothered by this statement. We have earned this and what right do they have to it??? Has anyone else commented on this subject??
Another point I wish to raise is this VSIP issue of limiting an incentive to the layoff package. Is it not true if you volunteer you do not get unemployment. At that rate wouldn’t you get more if you just waited to be riffed??? There is no incentive to take the incentive.
I strongly believe in the statement “Hello, is there anybody in there.”
"Is it not true if you volunteer you do not get unemployment."
For LANL workers who signed up for the voluntary, the State of New Mexico has announced they will get unemployment benefits. But there's a catch - if you're receiving a pension, that amount is considered when calculating your benefits.
Another rumor I've heard, but don't know for sure, is that your unemployment benefits don't start until after your severance period is over. So if you're eligible for 39 weeks severance pay (the maximum you can get at LANL), your unemployment benefits are delayed 39 weeks.
Well, if I contribute to Social Security (and I do now), do I get to claim that I own it? DOE was always trying to wrangle money back from UCRP when it was "overfunded" and UC told them to take a hike. Maybe they are trying to do "Revenge of the C Students".
IF you VSIP, you are volunteering to be laid off. You are not quitting. That means you are still eligible for unemployment, or at least that's the take from the LANL blog. Now whether or not New Mexico and California view that differently, that could be debating point.
What I have asked out of curiosity is if you VSIP and retire, do you get medical in retirement? I can see LLNS trying to keep from paying that out. Anybody from HR want to pipe in?
Well, if I contribute to Social Security (and I do now), do I get to claim that I own it? DOE was always trying to wrangle money back from UCRP when it was "overfunded" and UC told them to take a hike. Maybe they are trying to do "Revenge of the C Students".
IF you VSIP, you are volunteering to be laid off. You are not quitting. That means you are still eligible for unemployment, or at least that's the take from the LANL blog. Now whether or not New Mexico and California view that differently, that could be debating point.
What I have asked out of curiosity is if you VSIP and retire, do you get medical in retirement? I can see LLNS trying to keep from paying that out. Anybody from HR want to pipe in?
I'll bet ULM hates the entry "Hello is there anyone in there" and I hope they dream about it every night for the rest if their sad lives. When I read this and listen to Pink Floyds song I envision someone banging their knuckles on top of ULM's bald head, and as they do they hear a hollow sound, like a coconut.
I have yet to see where this transition has saved any money what so ever. It seems to be totally responsible for creating more layers of bureaucracy that in the end will accomplish nothing. Their goal for the next 18 months is to thin LLNL down to a reasonable size of about 4 - 6 thousands people to make it appear as if the cost of doing business has gone down. In the meantime after they have destroy all that was good ULM will again be rewarded for a job well done. A magical trick, but the newspaper story to follow will make it appear as if spending $79M and laying off 3 - 4 thousand people was money well spent. In the end UC will be happy because we're off their pension plan, LLNL ULM will be happy because they've accomplished their assigned mission, and work at LLNL will have come to a near halt. At that time all will be well in paradise. The country will now be at piece and most of ULM will retire with pensions in the hundreds of thousand of dollars a years. For some it's going to be had because how can one be expected to retire on $34,166.66 a month. That what 100% retirement at $410K a year brings into your checking account. Poor bastards. The rest of the ULM consortium will not be far behind where they do will enjoy the life of the rich and famous. Life at the top is wonderful.
LANL's severance package is 1 week's pay for each of the first 6 years of service, then 2 week's pay for each year beyond 6, capped at 39 week's pay. So an employee with 22-1/2 years of service maxes out on severance pay. It has been that way for a long time. It was probably higher than LLNL's severance package as an added incentive to get employees to sign on to live and work in a relatively isolated and remote setting, and not much of a job market to fall back on in case of significant layoffs.
That's just my guess.
P.S. LANL employees get 12 hours sick leave accumulation per month, which is also 1-1/2 times what we at LLNL get. Relatively large amounts of unused sick leave balance added a lot of service credit to those long-term LANL employees who went with TCP-2.
7 comments:
Attended a meeting last week where an AD stated that doe and nnsa believe they own, or have ownership of the retirement monies. I was bothered by this statement. We have earned this and what right do they have to it??? Has anyone else commented on this subject??
Another point I wish to raise is this VSIP issue of limiting an incentive to the layoff package. Is it not true if you volunteer you do not get unemployment. At that rate wouldn’t you get more if you just waited to be riffed??? There is no incentive to take the incentive.
I strongly believe in the statement “Hello, is there anybody in there.”
"Is it not true if you volunteer you do not get unemployment."
For LANL workers who signed up for the voluntary, the State of New Mexico has announced they will get unemployment benefits. But there's a catch - if you're receiving a pension, that amount is considered when calculating your benefits.
Another rumor I've heard, but don't know for sure, is that your unemployment benefits don't start until after your severance period is over. So if you're eligible for 39 weeks severance pay (the maximum you can get at LANL), your unemployment benefits are delayed 39 weeks.
Well, if I contribute to Social Security (and I do now), do I get to claim that I own it? DOE was always trying to wrangle money back from UCRP when it was "overfunded" and UC told them to take a hike. Maybe they are trying to do "Revenge of the C Students".
IF you VSIP, you are volunteering to be laid off. You are not quitting. That means you are still eligible for unemployment, or at least that's the take from the LANL blog. Now whether or not New Mexico and California view that differently, that could be debating point.
What I have asked out of curiosity is if you VSIP and retire, do you get medical in retirement? I can see LLNS trying to keep from paying that out. Anybody from HR want to pipe in?
Well, if I contribute to Social Security (and I do now), do I get to claim that I own it? DOE was always trying to wrangle money back from UCRP when it was "overfunded" and UC told them to take a hike. Maybe they are trying to do "Revenge of the C Students".
IF you VSIP, you are volunteering to be laid off. You are not quitting. That means you are still eligible for unemployment, or at least that's the take from the LANL blog. Now whether or not New Mexico and California view that differently, that could be debating point.
What I have asked out of curiosity is if you VSIP and retire, do you get medical in retirement? I can see LLNS trying to keep from paying that out. Anybody from HR want to pipe in?
I'll bet ULM hates the entry "Hello is there anyone in there" and I hope they dream about it every night for the rest if their sad lives. When I read this and listen to Pink Floyds song I envision someone banging their knuckles on top of ULM's bald head, and as they do they hear a hollow sound, like a coconut.
I have yet to see where this transition has saved any money what so ever. It seems to be totally responsible for creating more layers of bureaucracy that in the end will accomplish nothing. Their goal for the next 18 months is to thin LLNL down to a reasonable size of about 4 - 6 thousands people to make it appear as if the cost of doing business has gone down. In the meantime after they have destroy all that was good ULM will again be rewarded for a job well done. A magical trick, but the newspaper story to follow will make it appear as if spending $79M and laying off 3 - 4 thousand people was money well spent. In the end UC will be happy because we're off their pension plan, LLNL ULM will be happy because they've accomplished their assigned mission, and work at LLNL will have come to a near halt. At that time all will be well in paradise. The country will now be at piece and most of ULM will retire with pensions in the hundreds of thousand of dollars a years. For some it's going to be had because how can one be expected to retire on $34,166.66 a month. That what 100% retirement at $410K a year brings into your checking account. Poor bastards. The rest of the ULM consortium will not be far behind where they do will enjoy the life of the rich and famous. Life at the top is wonderful.
I think it's time to run like hell
Hey Ellen,
Why does LANL get 39 weeks and we get only 26?
"Why does LANL get 39 weeks and we get only 26?"
LANL's severance package is 1 week's pay for each of the first 6 years of service, then 2 week's pay for each year beyond 6, capped at 39 week's pay. So an employee with 22-1/2 years of service maxes out on severance pay. It has been that way for a long time. It was probably higher than LLNL's severance package as an added incentive to get employees to sign on to live and work in a relatively isolated and remote setting, and not much of a job market to fall back on in case of significant layoffs.
That's just my guess.
P.S. LANL employees get 12 hours sick leave accumulation per month, which is also 1-1/2 times what we at LLNL get. Relatively large amounts of unused sick leave balance added a lot of service credit to those long-term LANL employees who went with TCP-2.
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