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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I really doubt this, NNSA is not exactly a policy job it is a technical job. Look at this way, the last few NNSA heads did not have Ph.Ds and they have been utterly mediocre, I suspect that this has to do with the total lack of technical understating. It is possible for someone to be a good leader who knows how to pick people under him/her with the the technical expertise. Lets face it NNSA and the NNSA lab system has been falling apart for some time now so it really does not matter who heads it. Why do we even have NNSA?
Lisa Gordon-Hagerty of Virginia to be Under Secretary for Nuclear Security, Department of Energy.
Ms. Gordon-Hagerty is president of Tier Tech International, Inc., a national security consulting company. She also serves as president of LEG Inc., providing strategic advice and counsel in domestic and national security issues. Ms. Gordon-Hagerty was previously executive vice president and chief operating officer of USEC, Inc. She was a member of the White House National Security Council staff for more than five years, serving as the Director for Combating Terrorism. Ms. Gordon-Hagerty previously served as the U.S. Department of Energy’s Director of the Office of Emergency Response, and as Acting Director of the Office of Nuclear Weapons Surety. Before that, she was a professional staff member for the U.S. House of Representatives, Committee on Energy and Commerce. She began her professional career as a health physicist at the Lawrence Livermore National Laboratory. Ms. Gordon-Hagerty earned a Master of Public Health degree in health physics and a Bachelor of Science degree, both from the University of Michigan.
https://www.whitehouse.gov/presidential-actions/president-donald-j-trump-announces-intent-nominate-personnel-key-administration-posts-6/
January 26, 2018 at 10:21 AM
Because ERDA and DOE were much, much worse. Top guy doesn't need a Ph.D; his top advisors and deputies do.
I never bought into this. You have the DOE with its problems and than you add an extra layer of NNSA with its problems so you just end with way more problems. The NNSA is just added on bureaucracy with no added value or worse negative value.
We did not have an NNSA for 55-60 years and things ran well, we have an NNSA and things are falling apart.
>Top guy doesn't need a Ph.D; his top advisors and deputies do.
I agree the question is does he/her actually have top advisors or will he/her listen.
RICK PERRY IS THE SECRETARY OF ENERGY!!!!