Now you can get more from Stanford’s pre-tax payroll deduction program. This program allows eligible employees to purchase parking permits, transit passes, transit parking, Clipper Cash and Commuter Checks with pre-tax dollars via payroll deduction. To participate in the program, you can enroll through the Parking & Transportation Services website at any time throughout the year. P&TS coordinates with Payroll to make sure the correct amount is deducted from your paycheck.
At the end of 2015, a new monthly limit on pre-tax commuter benefit deductions was signed into law, increasing the maximum monthly pre-tax transit deduction from $130 to $255 and making parity permanent between transit and parking pre-tax commuter benefits. With this legislation, the monthly cap on transit, vanpool, and parking increases to $255 per month starting retroactively on Jan. 1, 2015.
Federal regulations specify that pre-tax dollars may only be used for an employee’s personal transportation, such as commuting to and from work, and may not be transferred to another individual.
For more information, please email transportation@stanford.edu or visit our pre-tax payroll deduction page.