I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...
Comments
Keep your ears open !!
safety:
Have you been ask to do jobs out of your classification??
example: wiring up control paneles or runnin conduit to power boxes to save money because your program is broke.
security issues:
razor blade in tolet seat, vandelism at NIF; elevator boot sliced open with knife, employees pissing on floors or craping on floors, grafitti on walls in NIF
white powder found in bag at west gate office.
security gate at vasco east ave bus turn around area opened on its own.
since LLNS took over safety and security have gone out the door!!!
I m 200 series and I was told where the vacuum was kept, so I wanted to see my rug cleaned I could do it myself.
The detention center is offsite close to the freeway (down Greenville).Management is very worried that people will leave viruses on their computers that will launch after they have left. Sup.'s are being trained right now to handle the removal of those who have been laid off.
The moral is terrible security infraction are up this has become a horrible place to work I dread getting up and coming here.
The job market is bad I will probably loose my home and my marriage great job nnsa.
I am glad to hear SPSE is fighting to save our skilled crafts people from this May layoff. Our IAP and flex term skilled crafts and our Laborers, Custodians, Gardeners, etc. got whacked very bad in the last layoff. Some of our crafts ( including career crafts ) have quit LLNL due to all the stress, lack of job security, etc.
LLNL can not afford to loose any more of our Plant Engineering crafts workers.
Sunshine Building being prepared for up to 20 computer work stations. Sounds like we are dividing different divisions???
But yes - they can, and some are dividing up divisions for the big ax. Especially if they use more than one payroll acct. number; which is what some of the "units" are comprised of.