Commuter Benefits
Transit benefits are one of the fastest growing employee benefits. They were made possible
as a result of TEA 21 legislations (Transportation Equity Act for the 21st Century). As of Janurary 2008,
the monthly allowance was $115. Under the American Recovery and Reinvestment Act (ARRA), the monthly
exclusion for employer-provided commuter highway vehicle transportation and transit pass benefits increased
to $230, effective from March through December 2009.
Benefits are authorized under Internal Revenue Code Section 132(f). The code is available at
http://www.irs.gov.
Commuter Benefits Brochure
Laketran GreenPerks