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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Please, for the love of God, no LLNL/NIF at SNL!
Same one haunts us re: physics labs being asked to peer review NG design and manufacturing.
BTW, if Sandia management is asked re: EoS, they'll state their price and gladly say yes if the price is met.
That "price" referred to by May 23, 2013 at 7:54 AM has got to be pretty high, considering the near-guarantee of getting stabbed in the neck by LLNL program managers and technical leads.
http://www.blogger.com/comment.g?blogID=5936951073896589340&postID=553404389612621867
Go Ed, Go!
May 24, 2013 at 3:35 PM
No, no, no. Bret Knapp would make an excellent Sandia Director. Then he could appoint Corey Knapp to be the Sandia Deputy Lab Director. The "dynamic duo".
Because any job at Sandia is two steps up from the same function in the "squareat LLNS.
And yet... So true...
Double ouch
A robo-poster just got past your "please prove that you're not a robot" test. How do they do that? Sometimes humans can't get past it.
http://www.sandia.gov/LabNews/100730.html
The Sandia article says: " Timothy Shepodd (8223) liked the moniker and agreed to call it the “chili cookoff.” But there was no chili involved, and the only “cooking” had to do with the kind of chemicals not usually found on Sandia grounds. "
http://llnlthetruestory.blogspot.com/2014/03/chili-cookoff-moving-to-llnl.html
Some of the ideas he's supported at LDRD decisions in SNL were ridiculous!