By Miriam Boon
Beginning this month, the first batch of benefits-eligible
SLAC employees will be deducting a variety of transit costs from their
paychecks under a new Pre-tax Transit Pass and Commuter Check Purchase
Program.
Linda Ahlf (HR) led the effort to include SLAC in this
Stanford-wide program. The program allows the purchase of up to $100 per
month for Muni, Samtrans, VTA, BART, DB Express and Caltrain passes, and
Commuter Checks in $20, $30, $35 and $45 denominations. Up to $185 per
month in transit-related parking can also be deducted from pre-tax
paychecks. The exact amount saved by each individual will vary depending
on an employee’s tax bracket and the cost of the item(s) purchased.
Robert Hall (ESD), who signed up for a Valley Transit
Pass, described it as a great program. "It is wonderful that SLAC will be
helping me by allowing me to purchase bus passes on a pre-tax basis."
To enroll in the program, turn in an application to Linda
Ahlf (MS 11) two months before the desired start date. At the time of the
initial purchase, staff members will determine their own monthly transit
costs and lock into a one-year deduction schedule.
Lee Lyon, Director of Human Resources, commented, "This is
for us to be good citizens—SLAC [by being good] to our employees and our
employees by being good to the environment."
The first seven participants handed in their applications
on July 26. They will be able to pick up their October passes at the Human
Resources Department (A&E Building, Bldg. 41, Room 240A).
Andrew Young (EED) commented, "I am very excited that SLAC
has signed onto using this program." He added that his fellow commuters at
Stanford have been using commuter checks for two years.
For more details on the program, along with the
application form, see:
http://www-group.slac.stanford.edu/hr/d/pretax/transit.html