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
And I believe we are descended from Cthulhu. Do you want to interview me?
Three Vice Presidents of technical divisions at Sandia National Laboratories do not have a Ph.D.: Hruby, Walker, Vahle.
Adam Rowen a manager at Sandia Livermore does not have a Ph.D. either.
The previous 3 individuals are the first ever Vice Presidents without a Ph.D. in Science or Engineering to lead technical divisions at Sandia. A quick search on the internet shows that Adam Rowen went to a school in New Mexico.
Steve Renfro deputy AD Nuclear Weapons, BS without PhD (also comes from a New Mexico school)
September 13, 2014 at 5:36 AM
Yeah and it shows, this guy is "WORTHLESS"!