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...
https://www.thecollegefix.com/scholars-argue-field-of-nuclear-science-is-racist/
The University of Michigan in June 2020 declared that the nuclear engineering field was not diverse enough and that it sought to do better.
“call for antiracist action” in the Bulletin of the Atomic Scientist.
“The very notion of nuclear weapon and non-weapon states, and some of the language deployed to characterize this divide, perpetuates Western hegemony and dominance over the Global South,” the piece argued.
It also outlined how American nuclear science is allegedly awash with racism, from geographical sites chosen for testing to racism in the workplace, both past and present.
“The nuclear engineering field was founded in military and classified programs with a white, male dominated, and hierarchical worldview and never really changed. We became a very cloistered field, unable to open the door and welcome vast amounts of talent. To date, the nuclear sector has failed to create a culture where Black people can thrive and have an impact,” the department stated at the time.
“The nuclear field developed during a time when racist and colonialist ideas were very normalized. … So when you have a system like the nuclear enterprise developing during the time where these sorts of ideas are prevalent, you’re going to get a nuclear field that is infused with those norms and as a result systematically erases or dismisses the contributions and concerns of people of color.