News Headlines Article

CalPERS approves health plan rates for 2014
Sacramento Business Journal

The Board of Administration for the California Public Employees’ Retirement System approved 2014 rates for the pension fund’s health benefits program Wednesday. The CalPERS Pension and Health Benefits Committee voted Tuesday to recommend an average rate increase of 3 percent next year — the lowest average rate increase since 1998 and well below the 9.6 percent average hike in 2013.