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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The fault lies with DOE? That is a hoot! Ask anyone that has ever been a landlord and see if they operate in such an irresponsible manner. The DOE landlord owns the facility and the LANL occupant trashed it, rendering it useless to all occupants. DOE is acting as a responsible landlord and returning the facility to a fully useable condition for all occupants.
The facility is not "trashed." ONE DRUM leaked in one alcove. OK, that's done. Now who is causing the facility to stay closed for three years while endless study and paperwork is concluded to cover everyone's behinds?
"ONE DRUM leaked in one alcove."
It seems that you know more about the situation than what has been disclosed to the public. What you call a "leak" has variously been termed a "rupture" or an "explosion" by DOE. The drum was in "one alcove," but the radiation was spread throughout much of the facility according to DOE. This is no minor accident here, it is the largest screw-up in the history of the nuclear waste program.
Yeah, this one drum was transported from LANL across NM highways to Carlsbad. Would the TRUPACT-II (tightly packed 14 55-gallon drums) have contained the explosion? Of course, not a problem.