Three Cheers for the MBTA’s Perq Commuter Benefits Program

Share on Facebook
Share on Twitter
Share on
LinkedIn
+

Late last year, the MBTA rolled out a promotional campaign to rebrand the 45-year-old Corporate Pass Program with a new name (Perq), a new website, special fare cards and plenty of information to help employers and employees sign up for the commuter benefit program. The program allows employees to save up to 40 percent by using pre-tax dollars to pay for their commuter expenses. Pioneer Institute congratulates MBTA leadership for invigorated emphasis on this program, which provides approximately 30 percent of the T’s fare revenue.

The 2018 Pioneer Institute white paper, “Increasing MBTA Ridership and Revenues with Company Commuter Benefit Programs,” found that a 20 percent jump in employer and employee participation could increase annual revenue by $70 million. Unlike most proposals that enhance MBTA revenue, Perq is a market-based solution that does not call for a fare increase or additional taxpayer subsidies.

Spotlighting Perq and increasing mass transit use among commuters comes at a critical moment as INRIX, a transportation data firm, recently identified Boston as losing more productivity due to congestion than any of the other nine U.S. major metropolitan areas reviewed. Boston placed eighth worldwide.

The Perq Commuter Benefits Program represents a win for all parties involved:

  1. Transit fare costs are significantly reduced for employees.
  2. Public transit use may cut commuting time and provide employees with additional productive hours than if they continued to drive.
  3. Employers can gain tax advantages, as well as an opportunity to attract and retain employees in a full-employment job market.
  4. The MBTA stands to gain additional riders, revenue and more predictable cash flow.
  5. Massachusetts residents benefit from a cleaner environment, fewer carbon emissions and a less congested Greater Boston highway system.

“The Institute has long believed the MBTA is essential to the economic success of and quality of life in our region,” said Pioneer Executive Director Jim Stergios. “That’s why we work so hard to introduce reforms and business practices that improve the T’s level of service. But it also means our world-class business community must be a leader in efforts to increase transit use, reduce highway congestion and ensure a cleaner environment. We urge all area employers to contact the MBTA at https://perq.mbta.com and enroll in the Perq Commuter Benefits Program.”

Related Posts:

VIDEO: Reduce Carbon Emissions with Perq!

/
In the final video of a new three-part animated series, Pioneer Institute explores how the MBTA's commuter benefit program called Perq saves you money, lowers your tax burden, and shortens your commute - all while helping the planet.

VIDEO: Attract & Retain Top Employees Through Perq!

/
In part two of a new three-part animated video series, Pioneer…

Study Finds Revived Merit Rating Board Taking Steps to Carry Out Statutorily Mandated Duties

The Merit Rating Board’s recent adoption of a regular meeting schedule, and related resolutions, are important steps in light of that Board’s 1976 governing statute.

Pioneer Institute Announces Winner of 29th Annual Better Government Competition

Pioneer Institute is pleased to announce that Los Angeles Country Metropolitan Transportation Authority (LA Metro)’s program, “Operation Farm Team: Global Transportation Infrastructure Workforce Initiative” is the winner of the 29th annual Better Government Competition. The theme of the 2019 contest was, “Moving People, Moving Goods, Moving Forward,” focusing on innovations that prepare America for the future of transportation.

Study Calls for Easing MBTA Procurement Restrictions and Beefing Up Project Management Capacity

Reforms needed if T is to achieve increased capital spending…

Pioneer Institute Public Statement: A Season for Management Reforms

The MBTA's red and green line derailments this week highlight…

Three Cheers for the MBTA’s Perq Commuter Benefits Program

Late last year, the MBTA rolled out a promotional campaign to…

MassOpenBooks: A look inside MassPort

/
Every day, thousands of passengers pass through Logan Airport,…

MBTAAnalysis: A look inside the MBTA

/
The MBTA shuttles over a million passengers a day around Greater…

The Metro & the MBTA: Raising Fares May Not Be Enough

/
New York City and Boston are drastically different cities, but…

Whistleblowers Were Proven Right: MBTARF Was Underreporting Its Unfunded Pension Liabilities

In a new brief, Pioneer shows that whistleblowers’ 2015 claim…

Pioneer Institute Public Statement on the MBTA’s Proposal to Increase Fares by 6.3 Percent

While Pioneer Institute opposed the 2016 MBTA fare increases,…

Drop in MBTA Commuter Rail Ridership Continues

/
A recent Boston Globe column by Northeastern University Professor…

MBTA Leak Tracker

/