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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NOTHING is worth this kind of treatment. The world does not revolve around 7000 East Avenue. Leave now, you can find a new job a lot easier than you believe. Just take the steps, go out and build a new life.
Weapons is down
FY09 - 1,012,460,000
FY10 - 987,421,000
Defense Nuclear Nonproliferation is up
FY09 - 83,033,000
FY10 - 117,683,000
Total NNSA is up
FY09 - 1,099,299,000
FY10 - 1,105,104,000
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Nuclear Energy (Fuel Cycle R&D) is down
FY09 - 2,940,000
FY10 - 0
Energy Efficiency and Renewable Energy is down a bit.
(No money for Hydrogen but new money for Fuel Cell and Solar R&D)
FY09 - 7,628,000
FY10 - 6,166,000
Science is down
(Bio & Envir cut by 10 million)
FY09 - 53,167,000
FY10 - 43,283,000
Health Safety and Security the same
FY09 - 3,214,000
FY10 - 3,214,000
Fossil Energy R&D (Carbon Sequestration) is down
FY09 - 1,258,000
FY10 - 1,019,000
Defense Envir Cleanup is up (Thanks to EPA for fining DOE)
FY09 - 0
FY10 - 910,000
Total LLNL is down
FY09 - 1,167,506,000
FY10 - 1,159,696,000
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Also remember that WFO and direct Dept of Homeland Security work does not show up in these numbers. Any Congressional "earmark" projects are also not in it.
And there's something new called Site Stewardship
FY09 - 0
FY10 - 35,000,000
This appears to be for Envir cleanup projects which dropped
FY09 - 21,446,00
FY10 - 0
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Employment (Contractor) stayed the same
NNSA
FY09 - 4,240
FY10 - 4,240
Other
FY09 - 1,475
FY10 - 1,475
Total LLNL
FY09 - 5,715
FY10 - 5,715
From info at
http://www.energy.gov/about/budget.htm
If you would open this forum up to some critical discussions, the blog might turn out to be of some use!