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
If you need to cheer up guys, take satisfaction that one of your votes canceled out the ballot that President Obama cast. That's the power of democracy. There were just another nearly ten million ballots you didn't match.
By the way, one of the three judges mentioned in that article, Richard Posner, is a noted conservative/libertarian essayist.
Your BOY removed them...
"Be Isolated, Be Ignoed, Be Attacked, Be Doubted, Be Frightened, But Do Not Be Silenced"
Bertrand Russell
And what the problem? Sorry but the folks from around 1776 had it right.
US CODE
TITLE 18 > PART I > CHAPTER 41 > § 871
Have a nice day Forrest.
Okay, I will refer to you as a woman from now on.
No threats on this blog, only what's in your pea brain and vivid imagination. You should really get those evil thoughts out of you mine.
I think we'll have to remember you when the republicans take back the house, senate and the whitehouse. God, I can't wait until this clan is gone for good.
Are you taking about this blog or the Iranian blog you've been reading
http://gatewaypundit.blogspot.com/2009/01/iranian-regime-torches-bambi.html
The law applies to those IN the United States. It is US law. What people say, write or do outside our border is something the United states has very little control over. I guess we could pull another Iraq style invasion the way Bush did to get back at Hussein for threatening his father. Is that what you would propose?
I didn't write the law but the law is pretty clear I think and, after all, we are a nation of laws, not people (I am sure you understand what that means). Read the law again, very carefully.
Hey buddy, "children are a direct reflection of their parents, if you don't like what you see, look no further then the closest mirror". It's quite evident you haven't looked into one for a long time and given yourself a good evaluation. I think it's time for you to do that and understand why the country AFU. Just a none LLNL employee looking in and noticing a big problem with your thinking.
Thanks for keeping me (and others) up to date!