1. COMMONWEALTH OF PENNSLYVANIA COMMUTER BENEFITS PROGRAM

2. Agenda Introduction to the Commonwealth’s Commuter Benefits Program Overview of Commuter Benefits TransitCenter Solutions – Products and Services How the Program Works How You Can Enroll

3. Introducing the Commonwealth of Pennsylvania’s Commuter Benefits Program A Great Way for You to Save Money

4. With the Commonwealth’s Commuter Benefits Program, you can take home more of what you earn! –Thanks to a special provision in Federal law, Internal Revenue Code Section 132 (f), you can save money every time you commute by public transportation Whether you take a bus, train, subway or qualified vanpool you can save money every time you commute And, if you currently drive to work, consider using public transportation as a less expensive alternative to paying for fuel and parking Commonwealth’s Commuter Benefits Program

5. When you enroll in the Commuter Benefits Program, you will be able to use your pre-tax salary to pay for commuting costs That means you will pay less in taxes and take home more of what you earn Set aside up to $110* per month/$1,320 per year to pay for your commute *Amount can change annually; this is the amount for 2007. Commonwealth’s Commuter Benefits Program

6. Take Home More Of What You Earn Here’s an example of how much you can save The columns show the difference in take home pay with and without deductions for Federal Income Tax, Social Security, and Medicare In this example, $23 is saved each month

7. Commonwealth’s Commuter Benefits Program It’s a win/win! You win by –Using pre-tax dollars to pay for commuting expenses which saves money –Receiving convenient transit products to pay for commuting costs The environment wins with –Reduced traffic congestion –Improved air quality

8. Available Transit Providers There are approximately 70 transit providers serving Pennsylvania –Bus –Train –Subway –Qualified Vanpool For a complete list of providers, visit the website or contact your Human Resource Office

9. Product Overview Based on the transit provider you use, you will receive one of the following transit products to pay for your commuting costs: –TransitChek QuickPay ® Card –TransitChek ® Vouchers –TransitChek CashBack ® Each product is explained further on the next slides

10. What is the TransitChek QuickPay ® Card? Visa ® Debit Card issued by Bank of America Designed to be IRS compliant for mass transit No annual or transaction fees 24/7 access to account information No monthly usage limit No transaction limit Funds rollover month-to-month Quarterly Statements Card is funded on the 23 rd of the month

11. What are TransitChek ® Vouchers? Like cash Used to buy tickets and transit passes Used for qualified vanpools Accepted in Pennsylvania and New Jersey Vouchers are received by mail before the end of each month

12. What is TransitChek CashBack ® ? Used when the QuickPay Card and Vouchers are not accepted by the transit provider Cash reimbursement for transit expenses Employees submit CashBack Reimbursement form with receipts Reimbursements directly deposited into employee’s checking or savings account within 2 weeks

13. Tools Available Additional information, including a brochure, Frequently Asked Questions, and contact information is available on the Commuter Benefits Website or by contacting your Human Resource Office www.transitcenter.com/pacommuterbenefits.aspx

14. How the Program Works 1.You sign-up for a monthly pre-tax payroll deduction equal to, but not more than the $110 maximum. (Under some circumstances, post-tax deductions may also be taken for expenses above $110.) 2.The payroll deduction is automatically taken from your pre-tax salary on the first pay of the month. In addition, a small monthly administration fee of $3.25 is taken from post-tax salary 3.The transit benefit product is made available to you by the end of the month in which the deduction is made from your pay 4.You use the product for expenses in the next month. (Note: This is an after- the-fact benefit, since deductions are taken in one month and used the next month.)

15. Employee Enrollment: How do you enroll? Enrollment is easy and takes just a few minutes There are two ways an employee can enroll: –Complete an Enrollment Form available on the website or from your Human Resource Office and mail or fax as directed on the form –Or, Call our toll-free number, 1-866-591-2435 to speak with an enrollment technician

16. Employee Enrollment: What Will You Need to Enroll? When enrolling, employees will be asked to provide: –Employee Personnel Number –Last name as it appears in employee records –Home zip code –The names of all the transit and/or vanpool services regularly used –Monthly mass transit or vanpool cost

17. Employee Enrollment: Enrollment Form Completed forms should be faxed or mailed to TransitCenter at the number or address provided at the bottom of the form

18. Customer Service Available Customer service available from 8:30am to 5:30pm Monday through Friday (EST) 1(866)823-3248 Bi-Lingual Customer Service Representatives 24/7 access to TransitCenter website Employees may also refer questions to their Human Resource Office

19. On-Site Customer Service Available Onsite enrollment will be offered for any employee who has questions before enrolling. Depending on the popularity of this service, additional dates may be added in January –Dec. 12 – Keystone Bldg. Atrium & Strawberry Square Atrium –Dec. 13 – Pittsburgh State Office Building –Dec. 14 – Scranton State Office Building –Dec. 19 – Philadelphia State Office Building –Dec. 20 – Reading State Office Building The service will be provided from 8:00 to 3:00 on each day

20. What’s next? Why wait to save money? Initial Enrollment begins December 11 th and continues through January 12, 2007 –First payroll deduction will be made in February. –Transit benefit product available for use in March. Enroll on or before the 9 th of any month after the initial enrollment period ends for new enrollments or changes to existing enrollments