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
Stuff can always change. Such is life.
It makes no sense for the US to pay for DHS vans to go around scanning people, cars and homes with radiation just to "see what is underneath", while at the same time, cutting back on science and education.
While I (and I assume many others) appreciate your "cleaning up" the posts that are profane or very off-topic, I think you do you blog posters a disservice by not making the reasons for other deletions clear. Some of your recent deletions seem a tad heavy-handed given the lack of profanity or direct personal attack (ridicule or sarcasm is not seen by you as attack, I hope). Was not the reason for unmonitored posting supposed to be free exchange of ideas (I hope it wasn't just inability or laziness on your part)? If you have simply taken to deleting posts you just don't like, that has already been tried, with the result that the LANL blog shut down soon after. Apparently you still feel some personal responsibility, no matter how misguided, for this blog. You must realize that many readers see the posts and even respond to them before you delete them. Given that, one wonders what you are trying to accomplish? Just asking for something besides silent, after the fact censorship.
What happened to all the fun posts? Sure some of it was a bit wacky but it was kind of hilarious. I guess it it did not have all that much to do with LLNL.
We need some new posts, what is going on with the Directors search?
April 26, 2011 1:53 PM
Why??? What is the point?
The huge federal cuts planned for the budget in FY2012 will have a negative effect on NNSA's facilities. Money will be supplied to keep the newly planned mega-billion dollar LANL and Y-12 facilities on life support for construction at some future date but layoffs (particularly for high cost scientific staff) are almost an assured event for FY2012.
Get ready for the next fiscal year. It's gonna get mighty ugly at the NNSA labs. By late this summer, you'll likely see people scramble to attempt and keep their jobs as the hard reality of the FY2012 budget becomes clear to almost everyone who works for NNSA as a contractor.
Let me be the first to wish everyone at LLNL and LANL a Merry Christmas.
Yes, so unlike if UC was still solely in control. With UC's mammoth cash reserves they would not only keep all scientists, but in fact open a refuge and hire scientists displaced from other, lesser labs. Truly then the shining laboratory on the hill.
April 30, 2011 7:29 AM
Uh-uh. Try Labor Day.
April 27, 2011 1:11 PM"
But at least the posts where somewhat fun and had some connection to the topic. I guess if it made the right wing look bad you got rid of it.
Now all we have is Knapp is bad!!
I get from your post that you are Hispanic and feel you have been passed over for jobs at LANL for that reason. First, you must know that over the years, many weapon design and engineering jobs at LANL have gone to Hispanics. Many of the names are virtually legendary in the weapons community. The Hispanic population in the lower ranks of technical work is also high. If you compare yourself to those successful Hispanics, what do you come up with? You claim "white males" are preferred but plenty of white females have also been hired in high level jobs. I suggest you seriously consider your actual qualifications, your desire to work as a team with all members, and not least, you ability to make yourself clearly understood in English in detailed technical discussions and meetings. I suspect your "victim" attitude has as much to do with your lack of success as anything else.
Don't have a horse in this race, but the author of this post made a number of speculations, followed by an inaccurate conclusion.
What is the name of this form of logical fallacy? It is not character assassination. Nor is it inappropriate generalization. Nor is it slander. Perhaps it is false attribution.
False attribution: an advocate appeals to an irrelevant, unqualified, unidentified, biased or fabricated source in support of an argument.
http://en.wikipedia.org/wiki/List_of_fallacies
Too damn many of these guys around, taking all the good spots. Damn the merit system.
In a way, that is unfortunate. The Lab has a shortage of good scientists and engineers, does not have enough support workers even to replace burned out lights, but has a hugh bureaucracy paralleling the nonsense that exists in LSO.
If LLNL is to survive as a significant Lab, it needs to trim the fat and reduce all indirect budgets by at least 50%. Cutting those budgets will result in layoffs of people we don't need.
May 21, 2011 6:30 PM
It won't. No plutonium, no NNSA work. Simple. LLNL management knew this when it agreed to divest.