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CalPERS sees its health premiums rising average of 3% next year
Los Angeles Times

California Public Employees’ Retirement System, the country’s third-largest purchaser of health benefits, said its health premiums next year would increase 3%, on average, for nearly 1.3 million members.

The giant pension fund said that would mark its lowest rate increase since 1998. Premiums at CalPERS rose 9.6% this year and 4.1% in 2012.

These recommended rates from the CalPERS pension and health benefits committee require full board approval Wednesday. If adopted, the rates for various health plans would take affect Jan. 1.