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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DOE concludes that LANL is performing adequately, that's just dereliction of duty by DOE; LANL is understaffed, LANL has relied on external bodies to find criticality safety problems, and LANL has had a large number of events. What does DOE find? DOE found that LANL has a very large number of "opportunities for improvement".
The real problem here is the DOE/NNSA. With problems like these, in an area like criticality safety where mistakes can be catastrophic, DOE should have replaced LANS management - it seems that DOE is just whitewashing problems, some quite severe.
As for the comments regarding the demise of LANL, the LANS model is working perfectly if your goals are a lack of leadership and decades to resume operations at the nations only full service plutonium facility.
April 27, 2016 at 4:11 AM
LANS is gone. Only a matter of time. The nation's plutonium needs will remain, and LANL will meet them, given Congressional support. It is not an issue of any management "model," it is an issue of national need that must be addressed. And of the people who were, and are, willing and able to meet that need. Despite their recent inane and incompetent management.
You hit it.
"I can think of four individuals from Livermore that have been responsible for the demise of Los Alamos National Laboratory."
Now you can see why LLNL ushered them out the door. They couldn't meet LLNL standards and went to the second string lab. LLNL got it right as you so deftly illustrate.