Does the "Use or Lose" rule apply to Parking and Transit Benefits?
This rule does NOT apply to Parking and Transit Benefits. As long as you are an active employee of your company, balances remaining in your account can be carried forward and used for future expenses.
Please be aware that Commuter Transit expenses can only be accessed using your ABG Benefits Card. If you pay out of pocket you can not be reimbursed. Please plan accordingly. Upon termination you ABG Benefits Card will be suspended and any remaining balance in your Commuter Transit account will be forfeited. Your Commuter Parking benefits allows for claim submission. Upon termination you have until your employer's run out deadline to submit your eligible parking claims.
Last update on May, 11 2018 by Administrator.