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benefits

Chicago transit to cut 200 positions, benefits

As the Chicago Transit Authority prepares to release its 2012 budget, it also revised its sick and vacation policies. The personnel cuts will save the agency approximately $22 million annually at a time when the agency is facing a $277 million deficit. The sick and vacation leave policy changes will save the agency an estimated $15 million over the next six years.

ABA offers 401K plans to members

Member companies can custom-fit retirement plans to meet their needs, potentially reduce costs to levels on par with larger companies and can have their administrative duties handled by the professionals at Transamerica Retirement Services.

Study: Public trans. helps poor obtain, retain jobs

The study tested the possible impacts of promoting car ownership versus transit improvements on job accessibility, work trips and traveler benefits (calculated as dollars per trip) at the system level by running a travel demand model adopted by the Sacramento Area Council of Governments.

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