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:

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

/

A Win for Commuters

We are thrilled that the MBTA is moving forward to expand its…

Moving the MBTA Forward

We are pleased that former Pioneer Institute Research Director…

Review of MBTA Twitter Alerts Finds Fewer “Delayed” Trains, Corresponding Increase in Those “Running Behind”

BOSTON - A review of four years of MBTA commuter rail Twitter…

Public Statement on MBTA Ridership & Pension Costs

Monday’s meeting of the MBTA Fiscal and Management Control…

Rebuilding the Long Island Bridge May Not Be the Answer

/
From the 1920s to 2014, Boston Harbor’s Long Island played…

The Future of Transportation in the Commonwealth

Taking advantage of the public comment period, Pioneer Institute…

The Storrow Drive Tunnel Has The Lowest Sufficiency Rating In The Country, Why Hasn’t It Been Fixed Yet?

/
If you live in or commute to Boston, chances are you’ve driven…