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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You will be labeled as a bad project manager.
Only at higher levels of management can you do that and be seen as an achiever!
NIF is an experiment, not an achievement!
In light of LANL blowing up a building recently, I'd like to know NIF's potential risks once they fire full power.
I can't believe this comment. With this thinking we'd never have gotten
- Interstate highway system
- Panama Canal
- Trans-continental railroad
- weather satellites
Well, that's the *short* list. I hope there are few people who take this sort of short-term focus.
Yeah and we knew all of these were going to work and actually going to serve a purpose just like our dams. NIF on the other hand is just a dream and a bad one at that. I'd have much rather seem the $5B spend on solar cell arrays on top of everyones homes giving then a surplus of power to be used ar credit during the summer when they need their AC. I wonder how many homes could have had their roofs covered.