Fair, and 73 ° F.
Island-Wide Commuter Voucher Program
WHAT ARE BONUS! CHECKS?
An employer-centered voucher program accepted by TheBus, and TheHandi-Van. Participating employers purchase BONUS! Checks from TheBus and distribute them to their employees. Employees can use the vouchers as cash toward the purchase of monthly TheBus passes and TheHandi-Van trip tickets.
WHAT ARE THE BENEFITS OF BONUS! CHECKS?
IS THERE A COST FOR THE EMPLOYER?
Employers can choose any level of subsidy. BONUS! Checks are available in $5.00, $10.00 and $30.00 denominations. Monthly transit benefits up to $130.00 can be provided tax free to the employee. A monthly TheBus pass is only $60.00. Any portion of a transit benefit over $130.00 per month is considered taxable income to the employee. Employers can structure the program as either an employee fringe benefit or as a voluntary pre-tax employee payroll deduction.