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.
April 25, 2012 |
Advocates for strengthening Social Security have come to dread the release of the annual report of the program's trustees. That's because the event has become the basis for more hand-wringing about Social Security's fiscal condition and calls to cut benefits for current and future retirees. This week's release of the 2012 report is no exception. If you concentrate on what is sure to be the headline figure, you're led to believe that the program has seldom been in lousier shape.
September 29, 2010 |
McDonald's Corp. may cut health insurance for nearly 30,000 hourly workers in the U.S. unless federal regulators waive a requirement of the new healthcare law. The restaurant chain is at odds over the law's stipulation that "mini-med" insurance plans, which provide limited benefits, spend at least 80% of premium revenue on medical care, the Wall Street Journal reported, citing a company memo. McDonald's told federal regulators it would be "economically prohibitive" for its insurance carrier to continue to cover hourly workers unless it receives a waiver excluding it from the 80% requirement, the memo said.
July 4, 1999
In the June 27 Your Mortgage column, Jack Guttentag says that the "principal repayment yields a return equal to the interest rate on your loan." That completely ignores the benefits of income tax deductions. In a state like California with high income taxes, and for those in higher federal tax brackets, the impact on the analysis is significant. JOHN STERN Mar Vista
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
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.
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.
November 2, 2010 |
Maggie Ellis spent more than 20 years as a teacher, including 10 at a public school, before she learned a dirty little secret: She won't be getting all the Social Security she would be entitled to in retirement. Ellis' current job, as a fifth-grade teacher in the Elk Grove Unified School District, isn't covered by Social Security. Her previous work, as a counselor and teacher in the private sector, was covered. And she's about to get married to a self-employed man who's also covered by the program.