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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Charlie McMillan and his executive team will be rewarded for the big "improvements" they make in subsequent years. They'll not be fired. Instead, they'll collect some nice bonus rewards as all hazardous work slows down to a crawl causing the safety metrics to look better than ever before. Corrupt as it may seem, this is how it always plays out at the national labs.
Boo Hoo.
Cleanup doesnt matter. The vast undeveloped, uninhabited expanse of New Mexico is no different with or without a few ppm more or less of a chemical or radiological subsance.
So Obama scolds Republicans.
October 21, 2015 at 12:52 PM
Yet you identify with it.
October 21, 2015 at 8:19 PM
OK, Mr. One Note Asshole. STFU now.
October 21, 2015 at 8:19 PM
Sorry, we're not allowed to say.