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How does the Commuter Benefits Plan work?

• You estimate your transportation and/or parking expenses for the coming year and decide
how much to set aside in one or both accounts.
• Contributions from your paycheck to your transportation or parking account are on a pre-tax
basis and can be stopped and started at any time during the year.
• Because your taxable income is lowered, you’re Social Security and income taxes are reduced.
• You incur eligible expenses and pay for them as usual with your debit card. No paper claims
can be submitted for Transit. Per IRS regulations only debit card transactions are eligible.
• You submit a claim by mail, fax or email for parking expenses to the FSA administrator, along
with any receipts or bills, if you have them.
• You are reimbursed for parking expenses through your parking account with your own tax-free
dollars. And, you won’t owe any income taxes on those dollars ever!

• As an employee you can save approximately 40% of your commuting costs with the enrollment
of Transportation Benefit Program. Imagine relaxing on your commute and saving money all at
once!
• The savings come from State and Federal Income Taxes plus your Social Security (FICA) taxes.

Commuter Benefits Plan Maximum benefits:

• Up to $260 a month, $3,120 annually for parking
• Up to $260 a month, $3,120 annually for transit and van pools
If you have individual questions prior to enrollment, you may contact BASIC Pacific directly for
assistance.

How do I keep track of what I have spent throughout the year?

Basic Pacific mails a welcome letter to the participant that has website registration instructions after
enrollment is complete. You will then have access to your Flexible Spending Account, check account
balances, view claims, and payment history, etc.

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