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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Translation, we have given up on quality and are focusing on the plumbers, electricians, machinists, waste management and compliance people we need to spit out 30 pits a year at Rocky Flats on the Hill.
LLNL actively tried to cut all of the Machinists, plumber and electrician jobs after the transition… looks like it didn’t work out for them once they got 2 LEP’s. When you run your infrastructure into the ground or expect the outside machine shops to produce classified or hazardous parts you fall flat on your face.
https://2009-2017.state.gov/t/avc/rls/202015.htm
False. Out of curiosity where did you get this idea? I am always amazed but the comments Facebook or Blogs that so confidently say something that is completely incorrect. They will then double down when confronted with facts
This is just bizarre with in the present day Google AI in which you can type in a statement and have it confirmed as bs in seconds.
Type this "after the war almost all the Manhattan project staff left" into Google AI and see what you get. Learn from this and try the same thing on every other statement before you post. AI can be your friend so take advantage of the technology.
UC pension at 2005 cost to employees. The ability to send my kids to UC on an average worker salary. Ability to transfer from lab to lab and keep your years of service.