RTD’s FlexPass is a new product designed to offer employers an annual pass program that can be customized to meet the needs of the company and their employees.

FlexPass features:

• RTD Local, Express and Regional monthly passes are purchased through an employer at a discount by or for its employees.
• The employer is required to sign a 12-month commitment with RTD and a Third Party Administrator (TPA) who will coordinate pass orders and delivery. RTD can provide a list of TPA’s who will provide this service.
• Employer and/or employees order monthly passes through the TPA.
• Program is flexible: the amount and type of passes ordered can vary from month to month.
• Employer and employees are eligible for three different discounts:
  • 10% match discount – RTD will match employer subsidies of up to 10% off the face value of each monthly pass purchased.
  • 5% discount – if the employer agrees to offer the pass to its employees on a pre-tax basis, RTD will discount 5% off the face value of each pass. The employer can elect to pass this discount on to its employees. Employer can elect to use this discount to help offset the administrative cost of the TPA.
  • 5% quantity discount – if an employer purchases an average of 200 or more passes a month, RTD will discount 5% off the face value of each pass. The employer can elect to pass this discount on to its employees.
  • See a summary of possible discounts

FlexPass benefits to the employee:

• Possible 10% or more employer subsidy along with up to 10% RTD matching discount
• Possible 5% discount for pre-tax pass purchases
• Possible 5% quantity discount for companies purchasing 200+ passes per month
• Savings from using pre-tax dollars to purchase passes
• Flexibility of changing pass type as well as entering or leaving program at any time

FlexPass benefits to the employer:

• Possible discount for offering pre-tax pass purchases and for quantity purchases
• FICA savings from pre-tax deduction
• Flexibility of adding or dropping employees at any time
• The ability to offer a discounted pass program with the option of no out of pocket money from the employer
• Improved employee morale and retention

For more information on how your company can offer FlexPass to your employees, contact RTD’s Sales and Outreach Division at 303.299.2132.