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Fiscal cliff deal increases transit benefit for feds

Jan. 2, 2013 - 03:18PM   |  
By STEPHEN LOSEY   |   Comments
A Metrobus stops at Union Station in Washington, D.C. Federal employees will see their maximum monthly mass transit benefit nearly double under the fiscal cliff deal Congress passed.
A Metrobus stops at Union Station in Washington, D.C. Federal employees will see their maximum monthly mass transit benefit nearly double under the fiscal cliff deal Congress passed. (Larry Levine / WMATA)

The fiscal cliff deal Congress passed Tuesday will nearly double the maximum monthly mass transit benefit received by federal employees, the National Treasury Employees Union said.

The transit benefit will now match the maximum $240 monthly parking subsidy federal employees receive, until the end of 2013. It fell to $125 at the beginning of 2012 after Congress failed to renew the higher maximum benefit.

NTEU said the higher benefit will be retroactive to Jan. 1, 2012.

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