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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There is a legal precedent however which means the test would likely proceed despite environmental lawsuits according to a chatbot:
Winter v. Natural Resources Defense Council (2008): This is arguably the most important modern precedent.
The Case: The NRDC sued the Navy to stop its use of mid-frequency active sonar in training exercises, arguing it harmed marine mammals in violation of environmental laws (NEPA). Lower courts agreed and issued an injunction to stop the training.
The Precedent: The Supreme Court, in a 5-4 decision, overturned the injunction. Chief Justice Roberts wrote that the "public interest in conducting realistic naval training exercises outweighs" the potential harm to marine life. Critically, the Court ruled that an injunction could only be issued if plaintiffs showed that irreparable harm was "likely," not just a "possibility." This made it much harder to legally challenge and halt national security activities on environmental grounds.
I am guessing ICE might have its hands full with extra illegal immigrants.