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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Was there some dysfunction before the contract change?
Amazing. It's not that people do not know how to work safely and securely, and don't know rules and procedures. They simply ignore them in a cowboy culture of arrogance. Nothing will change unless you change the culture.
Proof please.
What culture?
Why did PF-4 and WETF shut down? Arrogance followed by a pride swallowing thump.
Does LANL follow federal regulations in regards to waste, explosives, classified information? Does LANL even read the regs?
How does LANL approach the other labs? Let's see, LLNL is a joke about lasers to them. Sandia is not a lab to them it is a production facility. ORNL is a bunch of hicks.
I personally have not met an arrogant scientist, in fact the ones I have met are generally quiet and humble but I have met a heck of a lot of arrogant non scientist and they were here at LANL way before LANS was even a thought.
Deny all you want but at the end of the day, the world will keep spinning if they do shut the place down.
You do not represent us well, if at all.
You do not represent us well, if at all.
Put down the crack pipe.