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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It is going to cut, the question is by how much and which programs.
Cut a cut a palatable cut!!!!
The world is changing my friend, nuclear weapons are not part of that world.
2/19/2021 4:49 PM
News flash! Nuclear weapons cannot be un-invented, and humans have proven to be nothing more than slightly evolved monkeys with new toys.
Russia, China, North Korea, India, Pakistan, and Iran disagree with you. Probably the Brits too.
Once the world realizes that climate change is our biggest threat than perhaps we will realize it is time go do way with nuclear weapons, borders, money and private property.
Sure that's the ticket! Great idea! Wonder why no one else thought of that, it's so obvious!
2/20/2021 8:00 PM
Back into the trees, folks!