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
Face it, a dysfunctional NNSA and their "for-profit" corporate suits who manage the labs have won. It's not worth fighting a losing battle any longer. No one is listening or cares to hear about the dismal morale and the major problems that are emerging at the NNSA science labs.
Get with the program that both LLNS and NNSA have laid out for the future of the weapons research labs or leave. Those are your choices - whether you like them or not is totally irrelevant. Think it over and then choose wisely. No one is coming to save either LANL or LLNL from their decent.
Job Title: Blog Maintainer
Job Description: Long hours, no pay, no measurable benefits. Current maintainers totally fed up. Plenty of (potential) upside. Must be willing to take abuse from Anonymous Cowards.
I wonder who made Doug take that bad o job ;)
----------------------------------
Jan 19, 2010
Position Open
Job Title: Blog Maintainer
Job Description: Long hours, no pay, no measurable benefits. Current maintainers totally fed up. Plenty of (potential) upside. Must be willing to take abuse from Anonymous Cowards.
Plenty of purported reportable corporate malfeasance and active cover-up activities currently in progress. Think explosions.
Applicants inquire within. Contact current (and soon-to-be past) blog maintainers for job interview.
Reply to lanlblog@parrot-farm.net, Ref: There Are Plenty Of Better Jobs Out There, if interested.
Posted by Doug Roberts at 8:26 PM
I did not read the top-level post.
Imo,the negative impact on our national labs is much more serious than the impact to PX or Y-12 for example but, opening the NWC issues to a wider audience can benefit all.
I usually don't change posts, but I will sometimes hold off posting it until everyone can "cool off" a bit first. I can't recall more than half a dozen posts that never made it and of those were some advertisement that was attempted to be post.
Then there is finding content and trying to make it pretty.
It isn't hard to maintain a blog. It just isn't true.
1/9/10 6:50 PM, I wrote at LANL: The Rest of the Story:
In the calendar, and/or threats towards the US nukes:
8. Is Frank Young dead?
He never responded to this provocative question.
After that I realized he was severely sick. (Did he die of H1N1, influenza, pneumonia, stroke, or a heart attack?)
My condolences to his wife, and parents.
Frank Young (1963? - January 23, 2010), RIP.
Because of this, it looks like the LANL Blog will soon be completely shut down for good.
Frank's involvement on the blog was fueled by his search of being contaminated while working at the lab. He never found his answer, and now he never will.
We've lost a porthole that looked into the sinking ship that was once proudly known as LANL.
January 24, 2010 12:10 AM
Don't worry, the official "porthole" of news from LANS, LLNS, Bechtel and NNSA is still open for business and pumping out the facts.
Get your news from reliable sources. The NNSA labs are doing better than ever thanks to the fantastic leadership of NNSA and the new LLC teams. We are so lucky. Onward and upward, ho!
They're guppies in every crowd. Read on.