What is the benefit available to employees who reside outside of New Jersey and commute into New Jersey for work?
KIPP New Jersey is changing our out-of-state commuter transportation benefit so that you will receive a simple quarterly stipend to cover the cost of your commute.
When will the out-of-state commuter stipend be paid?
Commuter stipends will be paid in conjunction with the academic school year stipend schedule except for the summer payment.
Am I eligible for the out-of-state commuter stipend?
As long as you reside in New York, Pennsylvania, or any other surrounding state on any day of the quarter, you will be awarded the commuter stipend on the regular quarterly stipend schedule (with evidence of toll expenses).
How do you know if I live in an eligible state?
You need to keep your home address updated in our HRIS - ADP. As an aside, this is also incredibly important to ensure that you are taxed correctly each year.
How was this formula determined?
We wanted to make sure that we were providing commuters enough to cover the cost of E-Z Pass tolls (incurred outside of New Jersey) or public transportation options and also cover the cost of your taxes on this stipend. For additional details or questions on stipend processing, please reach out directly to your regional operations director or direct manager.
Is there any benefit for taking public transportation?
We offer a pre-tax commuter benefit for all KIPP TEAM and Family, TEAM, KCNA and KIPP Miami employees. This program will allow you to put aside up to $270 of your pre-tax paycheck dollars to pay for qualified commute costs such as mass transit, train, subway, bus fares, and ferry rides.
You will receive a benefits debit card to pay providers directly at the time of services from your transit account or you can submit for reimbursement to yourself. (This program operates similarly to our FSA and other HSA programs.)
This means if you utilize public transportation, you’ll be able to offset the tax implications of your taxable stipend.
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