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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Are you saying the FBI could be wrong? I thought we need put our complete trust in the FBI since 2016. Now I am confused.
Just kidding, from reading the title of the story to actually reading the article it is a bit confusing about what is actually going on. I do not know enough about how these cases work to figure if the FBI did anything illegal.
WSJ has a more balanced take than Ms Choi here.
Mr. Hu had a 163 page resume, but none of those pages included his multi-year project with the Chinese military in Beijing. I can see how that's suspicious and was investigated.
https://www.wsj.com/article...