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:

Driving Reform: New Study on Real Solutions to Our Transportation Challenges

STUDY: TIE NEW FUNDING TO PERFORMANCE, IMPLEMENTATION OF TRANSPORTATION…

The Pioneer Plan for Massachusetts' Transportation Needs

/
Expect more on the Pioneer Plan for Transportation in the coming…

WBUR RadioBoston debate on Guv's Texas-sized budget and tax increases

/
A good debate with Northeastern University's Peter Enrich on…

Duking it out on NECN on the governor's transportation plan

/
Jim Braude referees, as I duke it out with Stephanie Pollack…

$1B a Year More for Transportation?

/
Pioneer's Jim Stergios spoke with Transportation for Mass.'s Kristina Egan about MA Gov. Deval Patrick's proposal to increase transportation spending by $1 billion a year. Watch this great "Face to Face" clip via our friends at MassINC

Public Statement: We Must Address Serious Transportation Needs In Massachusetts, But the Governor’s Proposal Is Not Serious

/
Pioneer Institute Public Statement from Executive Director Jim Stergios on transportation needs in Massachusetts, and the Governor's recently released proposal.

Lots of art, little science in transportation plan

/
Rich Davey’s attempt at recreating the magic of Steve Jobs…

MBTA Doing More With Less

/
Rather than big dollar expansion projects, the MBTA's Key Bus…

Pioneer and Northeastern Present State Transportation Scorecard

Use Pioneer's Transportation Dashboard, an online, interactive application designed to model a performance measurement system that could be deployed by the state’s Department of Transportation. It features an array of publicly-available data in an easy-to-digest format, and includes the latest information on key indicators of performance such as congestion, throughput, safety, construction management, and environmental stewardship.

Introduction to the Massachusetts Transportation Dashboard

/
Author(s): Steve Poftak — Publication date: 2012-01-24 Category:…

Taking Commuter Rail In-House?

/
Bad idea. At least that appeared to be the consensus at commuter…

A Scorecard for MassDOT

/
I keep seeing trial balloons for a gas tax hike. And I keep thinking…

MassDOT, Scorecards, and the Gas Tax

/
In my last post, I put together a model of what MassDOT communicating…