The RTA/CTA Transit Benefit Fare
Program is based upon the Transportation Equity Act for the 21st Century
(TEA-21) and IRS code section 132(f). It allows employees to deduct up to $245
per month from their paychecks pre-tax to pay for their transit fares.
With the pre-tax deduction,
employees can save up to 40% on their annual transit spend.
Because the deduction occurs
pre-tax, employers save up to 10% from reduced FICA and unemployment taxes
The Chicago Card Plus can be used
in the program, either as a Pay-Per-Use or as a 30-Day unlimited ride pass.
See your Human Resources
Department today about signing up for the program, or call the Transit Benefit
If you are looking for general information about the RTA/CTA Transit Benefit