Penn Transportation and Parking has introduced a new option for faculty and staff who require occasional parking as part of their commutes.
The Commuter Parking Card is available to benefits-eligible, full-time faculty and staff who would like to allocate a pre-set dollar amount on the stored value debit card for as-needed parking. Similar to other programs administered by Health Equity/WageWorks, parkers can realize significant tax savings by deducting their occasional commuting parking fees via payroll, up to $270 a month on a pre-tax basis. Any amount over $270 each month is regarded as post-tax dollars.
This card can be used at Penn garages and lots that allow visitor parking. It is intended to cover parking costs associated with your commute to work, and not for parking costs incurred for work-related travel expenses and non-work-related events and activities. (Note – the card is not intended for permit parkers at Penn parking facilities.). Consult with Health Equity/WageWorks for information on other commuter parking facilities where your card may be used.