TRANSIT PASS. a. Effective October 1, 2007, the Court shall provide a transit subsidy to eligible employees for an 80% reimbursement up to a maximum of $110 per month. b. Should the IRS monthly exclusion for qualified transit passes increase over the 2007 rate, the transit pass maximum shall increase to the new exclusion rate at the beginning of the month following the IRS announcement.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement
TRANSIT PASS. a. Effective October 1, 2007January 2018, the Court shall provide a transit subsidy to eligible employees for an 80% reimbursement up to a maximum of $110 260 per month.
b. Should the IRS monthly exclusion for qualified transit passes increase over the 2007 2018 rate, the transit pass maximum shall increase to the new exclusion rate at the beginning of the month following the IRS announcement.
Appears in 1 contract
Sources: Collective Bargaining Agreement