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
“GAO is making two recommendations for NNSA to (1) track the time it takes to review contractors' human resources requests and (2) fully assess and identify the information it needs to oversee M&O contractors' recruitment and retention efforts.”
So, the NNSA Contractors are trying, but perhaps the NNSA could be more responsive?
https://www.gao.gov/products/gao-24-106861
The new west tracy "city" has added a surprisingly high load on traffic! not to mention a high mortgage
referenced to the 2007 transition population?
https://m.youtube.com/watch?v=e-UPECqGBAg&pp=ygUUMyBvdXQgb2YgMTAgYmF5IGFyZWE%3D
https://www.weny.com/news/national/california-loses-one-taxpayer-per-minute-florida-gains/article_9fdeac07-f7c5-5424-b95d-ea323c805dfa.html