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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They do present some more pessimistic comments for "balance", but the article gives NIF spokespeople the majority of coverage. Clearly, CNN accepts what they have been told. Maybe someone should tell them that there is essentially no tritium in seawater. Tritium is radioactive and what we have for fusion experiments is man-made.
That "seawater" whopper must have come straight from NIF.
So how many of this blog's readers believe that NIF will:
1) produce fusion neutrons
2) achieve fusion ignition (the "I" in NIF)
3) provide a path to a practical fusion reactor
4) provide an historic energy miracle, LOL
I believe 1 and 2, not 3 and 4.
I can hardly wait!