
Approximately 200 employees from 14 organizations are set to take part and will be able to view expenses for each mode at the end of the month in one convenient location.
Approximately 200 employees from 14 organizations are set to take part and will be able to view expenses for each mode at the end of the month in one convenient location.
MIT has set out to reduce parking demand on campus by 10% over the next two years with the launch of the new program, which combines pay-per-day parking for most parkers with free access to MBTA subway and local bus, among other benefits.
Beginning Jan. 1, 2014, administrative employees will contribute an average of 2% of their salaries to their pensions. That contribution will increase each year until employees are paying 100% of their employee share by Jan. 1, 2017. The plan will result in an $8.2 million savings to taxpayers over the three-year period.
The agency paid out almost $3.6 million in unused vacation pay to 722 current and retired employees, plus paid sick time cash-outs for 1,743 last year.
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