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
LANLs where ethics training of the worker bee scum is mandatory. Managers rule, staff members drool!
training that wasted 2 hours, offended decent folks with its explicit sexual situations and generally prompted an angry rebellious response rather than sympathy for harassment victims. It made me want to offend the producers for two hours. I didn't concentrate and remembered nothing, except how to help a visiting cross dressing transsexualfind the closest acceptable urinal um bidet, um pooper.
I did once come to work in drag and was treated very kindly. Used the urinal, lifted the skirt.
Come on, LANL staff, re-read Charlie's latest memo and get with the project. We can do better than this if we try during this next year.
The latest news of managerial violence against employees that is then covered up and that made the LA Daily Post (and a legal suit) indicate that FY2015 is going to be a banner year for LANS! We're #1... or probably soon will be on this list.