Desktop Navigation. The maximum penalty for an employer’s first violation is $250. This new benefit will allow employees to set aside pre-tax dollars for certain work-related commuting expenses, such as parking costs, transit passes and vanpooling. People with Disabilities It’s relief that NJ Transit’s riders deserve and it’s good to know we have a Governor and Legislature that’s committed to addressing the needs of our commuters.” "Commuting in New Jersey isn't cheap. "Employers should be offering this benefit already, but with this bill we’ll make sure all employees have this option and can take advantage of it, if they want." If you love to drive, New Jersey Transit is for you. Today, we’re lifting some of that burden.” “The ATU takes pride in the fact that we were able to work together with Sen. Loretta Weinberg, Assemblyman Dan Benson and the Governor’s Office to get this bill signed into law,” said Ray Greaves, Chairman of the New Jersey ATU State Council. Under the NJ Transit Benefits Law, an employee is any person who is hired or employed by … “Getting to the job is taxing enough. This law is most commonly referred to as the New Jersey Transit Benefits Law. See all questions and answers. NJ Transit is expected to be the primary operator at the proposed Empire Station complex that would add as many as nine new tracks by expanding train operations south of the current New York Penn Station. “Commuting costs, for the most part, are a predictable expense. Transit can be both the backbone for economic development and environmental sustainability, and Governor Murphy clearly gets it that we need to make transit more affordable." It’s a common-sense way to lend a helping hand as we work with the new governor to make New Jersey more affordable,” said Assemblyman Benson. NJ TRANSIT Reduced Fare Card/Reduced Fare ID applications are also available at the NJ TRANSIT Customer Service offices at Newark Penn Station, New York Penn Station, Hoboken Terminal, and the Port Authority Bus Terminal. NJ Transit has seen the largest rate of growth at Penn since the early '90s compared with Amtrak and the Long Island Rail Road (LIRR), the other commuter railroads that use the station. If you love to drive, New Jersey Transit is for you. Welcome to the NJ Division of Pensions & Benefits. NJ TRANSIT operates New Jersey's public transportation system. The benefits are some of the best among large corporations, healthcare tends to be very expensive and New Jersey Transit pays a large portion of it. Welcome to the New Jersey Veterans Benefits Guide. At NJ TRANSIT, people are our greatest asset. However, there’s a chance that the law could go into effect before March of 2020. New Jersey Transit For Member Services call 1-877-241-8414. As of March 1, 2020, New Jersey employers of at least 20 employees are required by law to offer a pre-tax transportation fringe benefit to employees who are not currently in a collective bargaining agreement. https://www.patriotsoftware.com/blog/payroll/nj-transit-benefits -Read Full Dislaimer. Our mission is to provide quality benefits and services to meet the needs of our clients. The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google™ Translate. Although the law was signed in March 2019, it will not go into effect until (at the latest) March 1, 2020. View latest bus schedules. Summary: On March 1, 2019, New Jersey passed S1567 (“law”), which requires certain New Jersey employers to offer their employees pre-tax commuter benefits. “With this benefit, employees will be able to put money aside pre-tax to help reduce the cost of using public transit to commute to work--a cost savings as much as $900 a year. 94 reviews from NJ TRANSIT employees about working as a Bus Driver at NJ TRANSIT. However, nonprofits—as well as state or local government employers—are not exempt from offering the NJ commuter tax benefit. Its mission is to provide safe, reliable, convenient and cost-effective mass transit service. Head on over to our Facebook and give us a like. New Jersey Transit. Seats near the bus operator have been taken out of service to allow for proper social distancing for the operator. Tired of overpaying for accounting software? We have the tools you need to manage your health care. To make things less confusing, check out some common questions and answers below about the new regulation. If you’re an employer, chances are at least one of your employees has to commute to get to your business for work. If you are of a certain age this is a great job to have, if your approaching or already at your last ten years of working before you retire. Sign in. Employers are able to provide the pre-tax benefit if any employees use mass transit for their commute. Employers. Employees who are subject to a collective bargaining agreement are not eligible for the NJ transit benefits. Colleagues are great. {{accuCustomization.metaTags.description}} IMPORTANT: The projections, or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes, are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Sign in. New Jersey Transit For Member Services call 1-877-241-8414. NEW JERSEY TRANSIT Transition From Defined Benefit Pension Plans To Defined Contribution Pension Plans Employers with fewer than 20 employees (including union employees) are not required to offer benefits at this time. Through a company-sponsored plan, section 132 (f) allows your employees to use tax-free dollars (subject to monthly limits) to save up to 40% of their commuting costs. Great Benifits good pay on the job training strong union backing. People with Disabilities The wages and benefits are competitive. April 16, 2019. Keep in mind, the above amounts are subject to change in 2020. New Jersey Transit. Patriot’s payroll software will calculate deductions on your behalf and makes payroll a breeze. Interested in learning more payroll topics? New Jersey Transit For Member Services call 1-877-241-8414. Through extensive research and preparation, Desktop Navigation. New Jersey Transit For Member Services call 1-877-241-8414. The new law (the NJ Transit Benefits Law) applies to all New Jersey employers with at least 20 employees, including state and local government employers. New Jersey Transit. Family Leave Insurance – the New Jersey Temporary Disability Benefits law will provide up to (6) six weeks of Family Leave Insurance benefits to covered individuals to bond with newborn or newly adopted children or to care for sick family members. New Jersey employers with at least 20 employees must offer a pre-tax transportation fringe benefit option to employees. "use strict";var wprRemoveCPCSS=function wprRemoveCPCSS(){var elem;document.querySelector('link[data-rocket-async="style"][rel="preload"]')?setTimeout(wprRemoveCPCSS,200):(elem=document.getElementById("rocket-critical-css"))&&"remove"in elem&&elem.remove()};window.addEventListener?window.addEventListener("load",wprRemoveCPCSS):window.attachEvent&&window.attachEvent("onload",wprRemoveCPCSS); Tired of overpaying? Show — Desktop ... For help with your prescription benefit or prescriptions filled through the Express Scripts Pharmacy, call the Patient Customer Service number on your prescription ID card or 1-800-282-2881. Because the transit law is currently “inactive” until March of 2020 (again, at the latest), you have plenty of time to prepare your business for the new regulation. If the law goes into effect before March of 2020, the maximum monthly amount for 2019 for the pre-tax transit benefit is $265/month for commuter highway vehicle benefits and transit passes (combined). By offering transit benefits, you, the employer, can save up to 7.65% on average in payroll tax savings. EyeMed As a vision plan member, you have access to view your benefits, claims, check the status of your, order print replacement ID cards and more! Glassdoor is your resource for information about the Retirement Plan benefits at New Jersey Transit. {{accuCustomization.metaTags.description}} IMPORTANT: The projections, or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes, are hypothetical in nature, do not reflect actual investment results and are not guarantees of … The goal of the NJ Transit Benefits Law is to reduce the financial burden of fares and parking costs for commuting employees. With so many people commuting to work, more states are starting to consider compensating employees for certain transportation-related expenses. COMMUTER BENEFIT: NEW JERSEY TRANSIT offers exceptional commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved. 1567, “An Act concerning pre-tax transportation fringe benefits” (“NJ Transit Benefits Law” or “Law”), New Jersey became the first state to require employers to offer pre-tax transportation fringe benefits (“Transit Benefits”) to employees.In a press release published by his office, … Summaries of Benefits and Coverage Summaries of Benefits and Coverage. On March 1, 2019, when Governor Phil Murphy signed into law Senate Bill No. “Providing this pre-tax benefit to commuters throughout our state will reduce the financial burden of fares and parking costs, resulting in significant savings. Please use the NJ TRANSIT Mobile App® or a TVM to purchase tickets prior to boarding to personal contact with the bus operator. “Many residents of New Jersey use mass transit or other forms of transportation to commute daily to and from work,” said Governor Murphy. And, only 9% of people carpool with another individual. “Many residents of New Jersey use mass transit or other forms of transportation to commute daily to and from work,” said Governor Murphy. For help with your prescription benefit or prescriptions filled through the Express Scripts Pharmacy, call the Patient Customer Service number on your prescription ID card or 1-800-282-2881. “Providing this pre-tax benefit to commuters throughout our … Primary sponsors of the bill include Senate Majority Leader Loretta Weinberg and Assemblymembers Daniel Benson, Thomas Giblin, and Anthony Bucco. Bus Driver (94) Conductor (18) Cleaner (9) Customer Service Representative (9) Engineer (6) See more NJ TRANSIT reviews by job title. New Jersey Transit. By signing this bill, my Administration is taking another step toward creating the fairer and more customer-friendly transportation system that our commuters deserve.” A pre-tax benefit will allow an employee to set aside a certain portion of pre-taxed wages, which could be made available for specified transportation services while reducing the employee’s federal taxable income. This would offer valuable savings to many New Jerseyans struggling to make ends meet.” "This bill will ensure that all employees have access to this federal tax break. Our mission is to provide quality benefits and services to meet the needs of our clients. That's why we give our employees everything they need to stay happy and healthy. “Transportation costs are a significant burden on the wallets of most New Jersey residents” said Jerome Johnson, President of Smart-TD Local 60. This is not intended as legal advice; for more information, please click here. Here you can learn all about your Health Benefit and Pension Related information for Active Employees, Retirees, and Employers. Save money and don’t sacrifice features you need for your business with Patriot’s accounting software. We are committed to providing timely updates regarding COVID-19. Employers have 90 days to offer the transit fringe benefits before the penalty is imposed. Glassdoor is your resource for information about New Jersey Transit benefits and perks. Show more. Here are some things to do in the meantime if you’re a New Jersey employer: For more information about New Jersey’s pre-tax transportation fringe benefits, consult the state. So many of our residents endure long commutes and spend a lot of money to get to work each and every day. The 2019 cap for qualified parking is also $265/month. Some jobs are tougher then others but most are fairly easy. And if your business is smack dab in the middle of a big city (e.g., New York City), those chances increase. NJ TRANSIT Reviews by Job Title. Glassdoor is your resource for information about the Retirement Plan benefits at New Jersey Transit. NJ TRANSIT operates New Jersey's public transportation system. Employers that fail to offer such benefits will face penalties of 100 to $250 for a first violation. Learn about New Jersey Transit Retirement Plan, including a description from the employer, and comments and ratings provided anonymously by current and former New Jersey Transit employees. NEW JERSEY TRANSIT has superb career benefits that have a great impact on employees' career. The New Jersey Department of Labor and Workforce will adopt rules and regulations concerning the administration and enforcement of the pre-tax benefit. Sign in. Pre-tax transit monies deducted by employees from their salaries are not subject to federal income taxes, New Jersey state income taxes, Social Security taxes or Medicare taxes. Its mission is to provide safe, reliable, convenient and cost-effective mass transit service. On March 1, 2019, New Jersey’s governor signed a law requiring NJ employers to offer commuter transportation benefits to eligible employees. TRENTON – Governor Phil Murphy today signed S1567 into law, requiring certain employers to offer a pre-tax transportation fringe benefit to their employees. Learn about New Jersey Transit Retirement Plan, including a description from the employer, and comments and ratings provided anonymously by current and former New Jersey Transit … "After a string of record fare hikes during the Christie era, it is critical to have businesses promote tax breaks to take transit. NJ TRANSIT is operating full weekday bus service system-wide. Restoring NJ Transit to its prior status as a national leader in public transportation is without a doubt a Herculean task; in the meanwhile, though, this is a true win that commuters can start feeling immediately and where it matters most: their wallets." Get started with your self-guided demo today! This legislation will make it more affordable for transit riders to ride the train or bus. 3 people answered. Read on to learn about NJ transit benefits, including whether you’re responsible for offering transportation benefits and when employees can begin receiving fringe benefits. Benefits information above is provided anonymously by current and former New Jersey Transit employees, and may include a summary provided by the employer. Or, you may obtain the application by writing or calling the NJ TRANSIT Reduced Fare Office. Under the NJ Transit Benefits Law, an employee is any person who is hired or employed by the employer and who reports to the employer’s work location. Glassdoor is your resource for information about New Jersey Transit benefits and perks. Desktop Navigation. DAYCARE FLEXIBLE SPENDING ACCOUNT: NEW JERSEY TRANSIT offers an impressive daycare program for … The new law (the NJ Transit Benefits Law) applies to all New Jersey employers with at least 20 employees, including state and local government employers. New Jersey and the federal government both allow for identical benefits when it comes to paying for transit with pre-tax dollars. The user is on notice that neither the State of NJ site nor its operators review any of the services, information and/or content from anything that may be linked to the State of NJ site for any reason. Sign in. Or, you may obtain the application by writing or calling the NJ TRANSIT Reduced Fare Office. Benefits. New Jersey employers with 20 or more employees will be required to offer employees the opportunity to elect pre-tax deductions for commuter benefits up to the IRS limit, which is $265 a month for transit … Save money and don’t sacrifice features you need for your business. The contribution rate was reduced from 0.09% to 0.08% on the first of salary or a NJ TRANSIT Reduced Fare Card/Reduced Fare ID applications are also available at the NJ TRANSIT Customer Service offices at Newark Penn Station, New York Penn Station, Hoboken Terminal, and the Port Authority Bus Terminal. Our competitive compensation and generous savings plans help employees build a future, while opportunities for professional and personal development will help them grow. Lack of salary increases for Non-Agreement is shameful. ID: 7902 (W0113) If you asked someone how much they spend on their commute each month, most people could give a quick estimate off the top of their head,” said Senator Weinberg. If you are of a certain age this is a great job to have, if your approaching or already at your last ten years of working before you retire. Great medical and 401K and 401A benefits here. Here you can learn all about your Health Benefit and Pension Related information for Active Employees, Retirees, and Employers. Any New Jersey employer who fails to offer transit benefits will be subject to a penalty of at least $100 for the first violation. Desktop Navigation. According to one source, 76% of individuals drive themselves to work every day. Looking for an easy way to track the benefits your business offers? New Jersey employers of at least 20 employees will be required to offer this benefit to employees who are not currently in a collective bargaining agreement. Welcome to the NJ Division of Pensions & Benefits. The wages and benefits are competitive. Welcome to the NJ Division of Pensions & Benefits. Keeping you informed is part of the New Jersey Department of Military and Veterans Affairs (NJDMAVA) continuing outreach ef-forts. Benefits information above is provided anonymously by current and former New Jersey Transit employees, and may include a summary provided by the employer. “The pre-tax transportation fringe benefit would improve employees’ access to transit passes reducing the cost of commuting for New Jersey workers,” said Assemblyman Giblin. This guide continues a tradition of provid-ing relevant information to New Jersey’s Veter-ans community. New Jersey Transit For Member Services call 1-877-241-8414. Free payroll setup to get you up and running and support to smoothly run payroll. Nj transit is a great company to work for. “This legislation will allow hundreds of thousands of NJ’s commuters to keep more of their hard-earned dollars in their pockets. Learn about NJ TRANSIT culture, salaries, benefits, work … Employers can receive a $250 penalty for each additional 30-day period that they do not comply. The goal of the NJ Transit Benefits Law is to reduce the financial burden of fares and parking costs for commuting employees. Show — Desktop ... Use this form to file a Horizon Dental plan claim or to request an up-to-date report of a member∍s dental benefits so they can plan for future dental expenses. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the NEW JERSEY TRANSIT. 324 reviews from NJ TRANSIT employees about NJ TRANSIT culture, salaries, benefits, work-life balance, management, job security, and more. Also, the new law will not apply to federal government employees. New Jersey employers of at least 20 employees will be required to offer this benefit to employees who are not currently in a collective bargaining agreement. An employer may consider the NJ Transit Bulk Sales program or utilizing the services of a third-party vendor that offers a pre-tax commuter benefit program, they said. Google™ Translate is an online service for which the user pays nothing to obtain a purported language translation. maximum of $58.48. “Thanks to Governor Murphy and the Legislature, our state’s hard-working residents will spend less money on getting to and from work through this new pre-tax benefit.” A copy of the Governor’s signing statement is available here. What benefits does NJ TRANSIT offer? More transit riders mean we are getting more cars off the road, and reducing air pollution," said Doug O'Malley, Director of the Environment New Jersey. “This bill will allow workers across the state to set aside money to go towards their transportation expenses, like park and ride parking or transit passes, pre-tax. We always enjoy making new friends! Sign in. Desktop Navigation. And, employers who fail to offer benefits after 90 days are subject to additional penalties. Our mission is to provide quality benefits and services to meet the needs of our clients. Here you can learn all about your Health Benefit and Pension Related information for Active Employees, Retirees, and Employers. Career benefits. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate. Typically, a transportation fringe benefit covers things like: There are similar pre-tax transit benefit programs in place in other cities, such as: If you’re a New Jersey employer, you can’t ignore the new pre-tax transportation benefits law. New Jersey Transit. Try our payroll software in a free, no-obligation 30-day trial. Learn about New Jersey Transit , including insurance benefits, retirement benefits, and vacation policy. Commuter Tax$ave Program Inormation or: State Employees who are eligible for the State Health Benefits Program (SHBP) Page 1 January 2021 Fact Sheet #67 OVERVIEW Typically, a transportation fringe benefit covers things like: Transportation in a commuter highway vehicle for travel between the employee’s residence and place of employment; Transit passes (e.g., rail or bus passes) Qualified … Learn about New Jersey Transit , including insurance benefits, retirement benefits, and vacation policy.