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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What on earth? You could do a very simple calculation to show that of course this is possible. You could also do another one to show how beyond unfeasible it to this on level for actual food production around the world. These guys are not using the solar panels on you house but an array precision mirrors that cost millions to make. These mirrors are used for solar energy.
I guess this is just a joke thing someone did for fun one afternoon it it just odd that it is being pitched like some actual science or something, it is not.
To be fair to Sandia their twitter feed is much better than LANLs. Sure the chili one
is sort of odd, but the rest is pretty good.