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NYS-Ride is a program that allows New York State employees to
save money on eligible public transportation expenses by paying
for the costs on a pre-tax basis through biweekly payroll
deduction. Beginning July 2, 2008, you may take advantage of this
pre-tax benefit by paying for your public transportation expenses,
such as fares for buses, trains, and subways by enrolling in NYS-Ride.
By enrolling in NYS-Ride, you can save money on work-related
transportation expenses–fares for riding buses, trains, subways,
and other types of mass transit or vanpools–and support a
greener New York.
The IRS has increased the allowable pre-tax amount effective for
the January 2009 benefit month, you may set aside up to $120 per
month in pre-tax salary when you enroll in NYS-Ride.
Employees who participate in NYS-Ride save up to 40 percent on
transportation expenses and average $416 in savings annually.
There is no open enrollment period. You must enroll two months
prior to the month you would like to participate. For additional
information or to enroll in NYS-Ride, visit
www.nysride.com.
Employee informational meetings to introduce NYS-Ride will be held
on July 22 at the Ramada Inn, 2402 North Forest Rd, Amherst, NY.
You may attend the 10:00 a.m. – 12:00 p.m. meeting or the 1:00
p.m. – 3:00 p.m. meeting. To register for the informational
meeting you may send an email to
nysridemtg@goer.state.ny.us or call 518-473-8091. Include your
name, agency, daytime telephone number, date and time of the
meeting for which you are registering. The registration deadline
is July 14, 2008. |
