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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From what I've been told there won't be no good pay raises until the economy turns around.
That could be a long time since "Walk Away" is projecting with all the foreclosures that're about to come the housing market shouldn't turn around until 2035.
This 2035 date was reported on the local news two nighst ago along with some advise. If you want to know more as to why you should walk away, just listen
http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1081232 and then visit http://www.youwalkaway.com/ There's a calculator there to help you make the decision.
So my 1.25% raise = -1.5% drop.
Makes sense?
Thanks George!
$200 which for me comes out to .5% if they don't tax the extra two hundred. and believe me i have work my ass off these two years and all I ever want is some recognition meaning bin 2 and 1% percent raise. Got neither. It's hard to destroy my self-motivational way but they are starting to succeed.
Many of us have been convinced that being employed is good enough!
Many of us are also wise enough to know that is fine and dandy if the raises were low across the board but it is revolting to see managers make
more and the ones that do the work make less.
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Feb. 18 (Bloomberg) -- The 400 highest-earning U.S. households reported an average of $345 million in income in 2007, up 31 percent from a year earlier, IRS statistics show.
The average tax rate for the households fell to the lowest in almost 20 years.
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Hmmm, I wonder if the Bechtel's are one of those very special 400 families in the US who make around $345 million each year? And what do they do with all that money?
That's really good...I've heard of several technical people working for our division got +4%, and these people work 9-5, take lunch, workout sessions in the afternoon, Starbucks coffee breaks late afternoon.
Yes I am envious and would like to join them.