Has LLNL announced 2016 cola adjustments for eligible TCP1 retirees?
Tri-Valley Cares needs to be on this if they aren't already. We need to make sure that NNSA and LLNL does not make good on promises to pursue such stupid ideas as doing Plutonium experiments on NIF. The stupidity arises from the fact that a huge population is placed at risk in the short and long term. Why do this kind of experiment in a heavily populated area? Only a moron would push that kind of imbecile area. Do it somewhere else in the god forsaken hills of Los Alamos. Why should the communities in the Bay Area be subjected to such increased risk just because the lab's NIF has failed twice and is trying the Hail Mary pass of doing an SNM experiment just to justify their existence? Those Laser EoS techniques and the people analyzing the raw data are all just BAD anyways. You know what comes next after they do the experiment. They'll figure out that they need larger samples. More risk for the local population. Stop this imbecilic pursuit. They wan...
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Retirement Date COLA
On or before July 1, 2006 2.00%
July 2, 2006 – July 1, 2008 2.72%
July 2, 2008 – July 1, 2009 2.69%
July 2, 2009 – July 1, 2010 2.31%
July 2, 2010 – July 1, 2011 2.30%
July 2, 2011 – July 1, 2013 2.72%
July 2, 2013 – July 1, 2014 2.67%
July 2, 2014 – July 1, 2015 2.00%
UCRP benefit recipients are eligible to receive a COLA after receiving benefits for at least one year. Therefore, members whose retirement or disability date is after July 1, 2015, are not yet eligible to receive a COLA.
We are everywhere! Better than six sigma!!
If you were vested in UCRP you had the choice of freezing your retirement in that plan and were put into the TCP2 plan. All employees who began employment after the lab came under the control of LLNS were covered only by the TCP2 plan.
See page 8:
http://www.llnlretiree.com/other_documents/llns_total_comp_7-12-7.pdf
Received exactly 2.72% increase in the pension amount beginning July, 2016.
Great ! Now I don't have to give up that Livermore and Sonoma County wines !
" 100 percent of the CPI increase up to 2 percent
• 75 percent of the CPI increase over 4 percent
• A maximum of 6 percent"
So if, as stated earlier, the CPI is 2.72%, then doesn't that mean that the COLA is 2.0%?