N.J. Admin. Code § 17:1-14.4

Current through Register Vol. 56, No. 23, December 2, 2024

Section 17:1-14.4 - Reimbursement of qualified transportation fringe benefit

(a) Pre-tax salary reduction amounts will be used to purchase benefit products (transit passes, transit vouchers, etc.) that can be used to pay for mass transit and parking expenses.

(b) Pre-tax salary reduction amounts for qualified parking expenses will be reimbursed to employees upon the submission of a claim form and documentation to substantiate incurred expenses.

(c) Reimbursement claims for parking expenses must be submitted within 180 days of the date the expense is incurred.

(d) Refunds of unused election amounts are not permitted as described in 17:1-14.6; however, unclaimed amounts can be carried over month-to-month and applied toward future months' transit and parking expenses.

N.J. Admin. Code § 17:1-14.4

Amended by R.2009 d.25, effective 1/5/2009.
See: 40 N.J.R. 4928(a), 41 N.J.R. 277(a).
In (d), deleted "parking" following "unused", inserted "as described in N.J.A.C. 17:1-14.6", and substituted "carried over month-to-month and applied toward future months' transit and parking expenses" for "rolled over to a subsequent benefit month as described in N.J.A.C. 17:1-14.6".