November 11, 2001
Robert Bruss has advised many times that paying off a mortgage in advance of the payment schedule saves them the interest at the rate stated on the mortgage itself. It is incomplete advice. The big advantage in paying in advance is the subsequent benefits. Every time you pay an amount over the regular payment, you reduce the principal on which the next interest amount is computed. The next payment is reduced by that amount and more is applied to reduce the principal. This is repeated on the next and all subsequent payments.
April 20, 2008
Your article "Jobless benefit phones jammed" (April 9) described the frustrations that some laid-off workers have when they try to file for benefits by phone. Unfortunately, the article ignored the progress that the Employment Development Department has made in reducing delays at call centers -- despite a spike in claims, an unprecedented cut in federal funding and reliance on a 30-year-old computer system that we are replacing. In March, we answered nearly twice as many calls a day as we did in January, and reduced by 55% the number of calls that went unanswered the prior March because agents were busy with other claimants.
November 12, 2006
Make candy jewelry, paint murals, personalize a T-shirt, or let E! Entertainment's fashion experts do you up. It was all part of the P.S. Arts Express Yourself benefit last Sunday at the Barker Hangar in Santa Monica. Chris Klein, Rebecca De Mornay, Joely Fisher, Larry David, Albert Brooks and Calista Flockhart all got crafty. 6. Don Cheadle makes puppets.
CALIFORNIA | LOCAL
December 13, 1992
The Disneyland Resort draft environmental impact report will be open for public comment until Dec. 28 before going to the Anaheim Planning Commission for certification. The Anaheim Chamber of Commerce strongly supports the project. This is the most important consideration now before the people and businesses of Orange County. The legally required EIR addresses the effects expansion might have on the community. It concludes that aesthetics would be considerably better, that transportation impact would be insignificant with surface street and freeway improvements and that there would be no deterioration in air quality and no increase in noise level.
September 29, 2006
Re "Employers Chip Away at Retiree Health Benefits," Sept. 26 If a company cheats its customers to improve profits, the customers can buy from another company. If a company cheats its employees to reduce expenses, the employees can work elsewhere. But when a company decides to reduce expenses by cheating its retirees, what can the retirees do? It's too late to retire from somewhere else. How about if the giant corporations contemplating cutting back retiree benefits reduce expenses by selling a few of their corporate jets?
CALIFORNIA | LOCAL
September 7, 1985
Amidst all the furor about President Reagan's tax proposals for "fairness, growth and simplicity" I have seen no mention of the unfairness of the taxation of Social Security benefits, which started last year! Why should a small percentage (said to be 5%to 10%) of retired people, who saved their money, and now have finally achieved adequate incomes (such as $32,000 per couple), be penalized with taxes on certain tax-exempt income and on one-half their Social Security. They have paid Social Security taxes for many years and everyone still working past 65, continues to pay Social Security taxes.
April 7, 2005
Re "Benefits Plan Puts Gov. on Defense," April 1: It's not only the firefighters and sheriff's deputies that deserve death and disability benefits when killed or severely injured in the line of duty. I served for 36 months, from January 2000 to December 2003, on the board of the Los Angeles County Employees Retirement Assn., which awards the death and disability benefits to fallen employees. We went through more than 1,000 cases, carefully screening them for potential fraud. Most employees aren't firefighters or deputies, and while their day-to-day activities don't typically involve such things as burning buildings or getting shot at, civilian civil servants repairing the roadways, and nurses and doctors working with HIV-positive patients, and civilian jail custody assistants jumped by five inmates get disabled too. Unions endorsed Gov. Arnold Schwarzenegger in the recall, and union members voted for him. He has made us mad now. Bruce Perelman North Hollywood Schwarzenegger wants to reduce paid holidays for state employees from 14 to 12 to help trim the budget.
CALIFORNIA | LOCAL
June 18, 2001
Re "Social Security: Get Tough," editorial, June 15: What has already been promised by the government in future Social Security benefits must and will be paid, and talk of reducing cost-of-living adjustments is simply hot air, politically impossible to enact. Faith in the future of Social Security among the young is weak because they recognize the inevitable failure of pay-as-you-go. Separate the past and present from the future. Accept the obligation of benefits already earned and pledge to meet them with a combination of the money in the trust fund and general revenues.
CALIFORNIA | LOCAL
August 8, 2010 |
Former Bell City Manager Robert Rizzo, whose $787,637 salary prompted widespread outrage, received an unusually lucrative package of benefits that increased his annual compensation to more than $1.5 million, according to city records reviewed by The Times. Rizzo's benefits package for this year, which covers time off, retirement and medical and other types of insurance, shows he was entitled to vacation and sick leave that totaled more than 28 weeks a year. Bell's interim city attorney said Saturday that Rizzo's compensation package raised serious questions and that the city planned to investigate who approved the perks and whether they are legal.
March 29, 2011 |
It looked like any other film shoot in Los Angeles. About 70 cast and crew members converged on a neighborhood in Studio City last week. Only this wasn't just any ordinary film production. The actors, crew members and vendors were there as volunteers, donating their services to produce a short public service announcement touting the economic benefits of filming in L.A. The segment will be one of several spots that will be shown at Mann Theatres this summer as part of a campaign, dubbed Film Works, recently launched by FilmL.A.