Thursday, January 19, 2006
Thank you very much.
Move to separate LANL pension fund irks employees
By Heather Clark The Associated Press |
January 19, 2006
ALBUQUERQUE — A University of California Board of Regents committee voted Wednesday to separate a pension fund covering Los Alamos National Laboratory employees from the university’s overall retirement fund.
The change now goes to the full Board of Regents for a vote today in San Diego, UC spokesman Chris Harrington said.
The move has outraged employees at the nuclearweapons lab who have been concerned about their benefits during a competition to manage the lab that began in 2003. Los Alamos National Security — a team headed by UC and Bechtel Corp. — was picked to manage the lab last month. Its contract starts June 1.