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
http://nnsa.energy.gov/sites/default/files/nnsa/inlinefiles/2011_NNSA_Strat_Plan.pdf
Brilliant!
May 19, 2011 8:06 PM
Your post shows how ignorant you are about the subjects you chose to address. Please do some research before you make an even greater fool of yourself. The surveillance program doesn't "destroy" weapons. If you knew anything about what components are tested and how, you would know that. Some weapon systems are scheduled to be replaced or upgraded, which has nothing to do with the surveillance program. Your simple-minded analysis is devoid of facts. You should be ashamed of your lack of rigorous intent and intellectual honesty.
Yeah! And, all those parts sitting in the PX warehouses to support these rebuilds should be destroyed & PX closed like Gitmo. :)
radiological or conventional, and to respond to technical and geopolitical surprise." Page 3
"These missions ensure vitality in our ST&E base and retention of critical infrastructure and skills."
"Technical challenges and scientific discovery embedded in nuclear deterrence and global nuclear threat reduction missions require that the Enterprise attract and retain the best and brightest scientists, engineers, and technicians." page 13
What an absolute joke these statement are. The reality is in spite of the NNSA mission to retain nuclear weapon expertise Brett Knapp has personally crippled the LANL weapon program by "chopping" weapon infrastructure and expertise (i.e. people). What is even more disgusting is that Anastasio and MacMillan have supported him on this agenda so that ALL could get their pockets lined with fresh new $100 dollar bills, get vested in 5-years, and flee the coop. That's the reality!
Pointing toward improving PNNL.
the nobel Chu
who looks a lot like Mel Brooks wearing a rubber band.
The House recently voted in favor of Obama's increased funding for the NNSA but then told the weapons complex that they would have to get this extra money by taking it out of the hide of the existing non-weapons DOE programs!
It is too bad the hacks at NNSA tasked with information control, this one in particular, do not bother to do their homework = lazy. A simple Google search uncovers the unclassified Sandia report, SAND-95-2751 "Stockpile Surveillence" which says on Page 6 : "... in general the nuclear explosive package from one sample per year per weapon type is destructively examined for dimension and material composition changes. This sample is retired form the stockpile." Obviuously, the original poster (May 19, 2011 8:06 PM) has got it exactly right: destruction + production = perpetual program.