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Search Tags: mass transit benefit
If Congress fails to act by the end of the year, a tax subsidy for commuters who use mass transit is set to drop from a maximum of $245 a month to $130. At the same time, fringe benefits for parking are set to rise to $250 a month starting in January. Two stand-alone measures in the House and Senate would restore parity between the parking and mass-transit subsidies
The Senate voted Wednesday to overhaul transportation programs and keep aid flowing to thousands of construction projects while strengthening highway. The $109 billion measure, approved in a 74-22 vote, included a number of amendments affecting federal pay and benefits, including a provision to allows "phased retirements" for federal employees and an expansion of an expired mass-transit subsidy.
The National Treasury Employees Union has renewed its call for Congress to renew an expansions of a mass-transit subsidy that expired at the end of last year. The union said it supports passage either through a stand-alone bill or through a package of nearly 70 temporary tax breaks, known as extenders.
Without Congressional action, the public transit benefit that many federal employees use to take the subway, bus or vanpool to work will decrease on Jan. 1 from $230 to $125 per month. Feds said, for the most part, they'll continue to use mass transit even if it costs them more to get to work.
Tags: NTEU , Colleen Kelley , Congress , Ben Cardin , Barbara Mikulski , Matthew Magazu , Shannon Richardson , FEMA , Caroline Tiplin , Keith Eichenholz , HHS , Emily Kopp , telework , pay and benefits
One of the largest federal-employee unions has called on Congress to pass new legislation to retain a pretax mass-transit commuter benefit, which is set to be cut nearly in half starting in January. In a letter to members of the House and Senate, NTEU President Colleen Kelley said reducing the $230-a-month transit benefit would affect tens of thousands of federal employees that rely on public transportation to get to and from work.