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
We could try the carrot approach, but giving a pallet of cash to Iran didn't prove to be helpful.
When Trump did the stick approach it got North Korea's attention, for a short while.
If a country has large coal deposits they will build that type of plant over a nuclear plant simply based on the cost.
I don't have an answer, but I am sure that driving our economy into the ground and becoming dependent on other countries for our energy needs to provide an example will not work just like our suspension of testing.
Very well said. Thank you.
The labs should divert some of their LDRD funding on looking how to scientifically make are more green and equitable future. This would include looking into how to meet people basic needs with dignity and respect. How to reduce wealth inequalities, make sure that large portion of our society do not have to live in fear. Covid has offered the labs a unique opportunity to doing something to make the world better rather than working on weapons of mass destruction that supports a western system that says it is about freedom when in fact it is about oppression.