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...
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Waste-Land Blue States
As most of Washington, DC knows the left coast has always been the freaky states. It seems more state are adopting their less than unifying ways. What a shame for America.
You should pack up and head for the right coast.
On a different note...The political posts re-energized this all but dead blog.
If you still want to keep visiting, may be you can suggest ways or contribute material to resuscitate the BLOG.
Scooby
You are one of those people who hear,see and read what they want to hear,see and read. Probably why this blog is "nearly dead". Go back an re-read my post and try again