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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Also keeping D'Agostino (a lying cut throat SOB at heart) as head of NNSA was a huge blow to the ability to change/improve NNSA and save LLNL. He killed any talk of moving NNSA or the weapons labs out of DOE and into DOD (where Gates would have really held him accountable for the death spiral the labs are now experiencing). He also doesn't care about WFO, Homeland Security research,or anything not directly related to nuclear weapons.
Talk is cheap because the supply exceeds the demand.
My eyes are bloodshot from looking at the red tape and I don't see Chu delivering the Visine.
January 8, 2010 5:38 AM
From what I've seen he doesn't care about nuclear weapons or nuclear energy either. He only cares about the development and funding of his pet projects.
The comment about being there after the SecDoE leaves is spot-on. It's the lower layers of the system that interact with LLNL and they declared war on us a long time ago. The odds of Chu or anyone else doing a massive house-cleaning of those layers is zero.
Dude you need an awful lot of help with research. I guess you are hard of hearing. Do you ever listen to his talks or read between the line. Maybe that's why your facility isn't getting the funding it would like to have. You're like a kid, you don't listen and until you do you can just go to your room and think about what you did wrong. Now get !
To tell you the truth I have zero faith in NIF and until it actually does, which it hasn't yet; I'll continue to have doubts. I guess when I see NIF -"is an alternate power source that put power into my living room",- I'll believe.
I suggest you take an anger management class. The number of assumptions you made on my post classifies you as an angry person who is just looking for something to complain about.
For the truth, if you can stand it without going postal,
I am not a current LLNL employee , bur when
I was, I personally saw the many abuses of NIF and the management. I have some contacts that are trying to put the death nail into LIFE (because it is not scientifically sound) and wanted a reference to help the cause. Your comments are not helpful to the cause.
Suggest you get a life to try to say something positive (like helping) instead of being a naysayer.
Anybody else what to actually help?