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If you're a small business in the New York metro area, the TransitChek Program allows you to easily manage the administration of the benefit products. You can order TransitChek commuter benefit products with an order form and the products are delivered to your office, where you can distribute them directly to your employees. There are four easy steps to begin administering the TransitChek Program.
Offering TransitChek® is easy and cost-effective for small businesses in the New York metro area. TransitChek allows you to offer commuter benefits without receipts to collect, mandatory enrollment dates, or "use it or lose it" rules. To make TransitChek part of your company's benefit package, simply:
1. Have your employees select how much of their pretax salary they want to put toward the purchase of their TransitChek products - up to $115 a month/$1,380 a year (as of January 1, 2008). You can distribute an Employee Enrollment Form and Transit Operators List to help employees make their selections and to find out what their needs are.
2. Deduct the designated amount from each employee's salary before payroll taxes are applied.
3. Using the TransitChek Order Form, order TransitChek products, which include the TransitChek® MetroCard®; TransitChek® Card, a prepaid Visa® card; and/or TransitChek® Voucher. Order as many or as few as you need. There are no minimums.
4. Once you receive your TransitChek products, distribute them directly to your participating employees who can begin using them on transit and eligible vanpool services in the New York metro area.
If you're offering TransitChek in addition to the employees' regular compensation - as a fringe benefit, reward or incentive - no payroll deduction is necessary.
The TransitChek MetroCard, TransitChek Card and TransitChek Voucher are available in multiple, easy-to-use denominations.
TransitChek MetroCard:
TransitChek Card:
TransitChek Vouchers:
Vouchers are available in $50, $35, $30 and $15 denominations.
Placing An Order:
Simply fill out the TransitChek Order Form** to order your employees' TransitChek products. Send the completed form with a company check. Your order will be sent within 7 to 10 days of receipt of payment. TransitChek Cards will arrive in a separate shipment, but within the same time frame.
If your company is already enrolled in the TransitChek Program make sure to include your customer number.
If you are a large organization who would prefer automated administration of TransitChek commuter benefits, please call 1.866.410.CHEK.
You can get answers to your basic TransitChek questions with the Employer FAQs.
*The TransitChek Prepaid Visa® Card™ is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc.
**To view PDF documents, you need the Adobe Acrobat Reader. It is available for free at http://www.adobe.com/products.
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