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...
Comments
And the band played on...
Precisely the non-cooperative attitude that has destroyed the labs. During the AEC days, and even the early ERDA and then DOE days, the attitude was "we are all in this together working for the same goal," even if plans and strategies differed. Now no one in the country wants to get along for any reason whatsoever, for any goal, no matter what. So now we all suck at being a country, and when the big one comes, we will lose, big, because we have lost the ability, and even the desire, to work together on anything. Suck it up, you assholes, if you continue this course, we will all go down together, as a demonstration of what happens when we refuse to work together. Wing-nuts all, you are assholes.
Partially right, but you failed to acknowlegde that it is yourself which has been the true problem all along. You see too many sucky dumb ass low life idiotic losers somehow got in their heads that they are great and brilliant people and when life Godsmacked their sorry asses they could not take it and then tried destroying the system. They say that that there is no truth, no right or wrong, no such thing as excellence, and that everyone is equal or should be equal, everything is unearned anyway so no one can be an expert or to be trusted. You and your kind seek to destroy all that is good or has value. The truth is no matter what the system is, people with your attitude are the ones that are guaranteed to go down, either you go down alone or you drag others with you but no matter what you are going down. Oddly enough it is the knowledge that you know that your are going down which has given you some power because now you are so bitter, twisted and evil that you have no reason to change and care not about the consequence of your actions. It is sad but history as shown how common it is.
Man you are really sick. I said nothing like that and until you attacked my post for no rational reason, you and I might have actually agreed, but no, you can't possibly agree with anyone since you are completely mentally insane. You are correct and everyone else, everywhere in the universe is wrong. I guess that you are the "shut up and do what you are told" guy who nevertheless rejects all forms of management. See any contradiction there?
Your insane rant just shows that someone just touched a nerve. Look we have heard from you enough over the many years to get what you are all about and I am guessing from your negative reaction you are also somewhat aware of what you are. I guess it is too late for you to ever change and your are a lost cause, however maybe you can at least try not to drag others down with you. Let it go, LANL, New Mexico, USA, world, solar system, Milky way, local group, galaxy cluster, mega galaxy cluster, universe, multiverse and so on are not the reason you have not lived up to what you thought you should be, that is on you and you alone.
May 31, 2017 at 9:49 AM
You should know.
May 31, 2017 at 10:36 AM
I concede that you have much better knowledge on this subject.