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
The Mason speech was short but to the point.
1st rule: You do not talk about Pit Club.
2nd rule: You do not talk about Pit Club.
3rd rule: If someone yells "Stop!", goes limp, taps out, the Pit is finished
4th rule: Only two guys per Pit.
5th rule: One Pit at a time.
6th rule: No shirts, no shoes than no Pit
7th rule: Pits will be made only as long as they have to.
8th rule: If this is your first time at Pit Club, you have to make a Pit
From the pinnacle to the pit
You have the power
You wear the crown
From the pinnacle to the pit
It is a long way down
You wield the scepter
You wear the gown
From the pinnacle to the pit
It is a long way down
In your empire
They stare in frown
From the pinnacle to the pit
It is a long way down
You are cast out from the heavens to the ground
Blackened feathers falling down
From the pinnacle to the pit
It is a long way down
Your poem is 30% plagiarized.
Your poem is 30% plagiarized.
2/16/2022 12:46 PM
Credit to
Papa Emeritus III