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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Thank God, we must erase forever the legacy of Trump. I will be happy to lose my job at the labs if it means we can stop the party of Trump.
May Biden close the labs forever. Let the dream of peace and prosperity live forever.
You think China and NK are down with that?
3/10/2021 5:31 PM
The US has its own set of issues it needs to deal with like covid, structural racism, capitalism, healthcare, police brutality and human rights for migrants. After we fix these things we can worry about other countries.
If you stopped believing in "structural racism" and stopped calling illegal immigrants "migrants" most of your problems would go away. Reality has a way of clearing things up.