Transit spending account (TSA) and Parking spending account (PSA) Terms and Conditions

By enrolling into the TSA and/or PSA program, you understand and consent to the following terms and conditions.

  • Per Internal Revenue Code regulations, any funds that you contribute through pre-tax payroll deductions cannot be refunded.

  • You may enroll, suspend, or modify your participation in the TSA/PSA program at any time during the year. Any changes must be requested in accordance with the TSA/PSA payroll change schedule. You are not entitled to a refund of contributions for late change requests.

  • A $1.50 administrative fee will be deducted from each paycheck. This is a flat fee for any combination of WageWorks accounts. Only one administrative fee applies if you are enrolled into more than one account (e.g., TSA/PSA program; Healthcare Flexible Spending Account; Dependent Care Reimbursement Account).

  • The minimum contribution to the TSA/PSA is $10 per pay period.

  • You are not required to make your transit purchases in the month you make your contribution. Funds can be accumulated and used whenever you wish.

  • Your TSA/PSA balance cannot exceed $1,500 total.

  • Once you have your first payroll deduction, you must create an account via the WageWorks website and place an order to use your available funds. Please note that it may take up to two pay periods from your initial payroll deduction before you are able to create an online account and place your first order.

  • TSA/PSA orders must be placed by the 10th of the month via the WageWorks website for funding to be placed on your card or to have your name added to the list of authorized users at your chosen lot for the following month.

  • There are no “use it or lose it” provisions that happen at year-end; funds roll over to subsequent years until you terminate from the City or transfer to DWP, at which point:

    • Any balance remaining in your PSA will be forfeited.

    • You will have 90 days to use any balance remaining in your TSA before it is forfeited.

  • The program administrator may suspend employee TSA/PSA payroll deductions if they exceed the TSA/PSA maximum account balance.

  • You have read, agree to, and will abide by all TSA and PSA rules of the keepingLAwell and COMMUTEwell program and by the City’s flexible spending accounts administrator WageWorks.

Additionally, the following terms and conditions apply to the PSA:

  • The PSA program cannot be used by employees at City owned or leased lots (e.g., lots at City Hall East, Fig. Plaza, Police Admin. Building, etc.), as parking is provided directly to eligible employees, subject to availability of spaces, and is a pre-tax benefit.

  • In certain instances, parking passes can be purchased directly through WageWorks. You must purchase your parking pass by the 10th of the month to have your name added to the list of authorized users at your chosen lot for the following month. Your PSA will automatically be debited the amount you select. You may also use your debit or credit card to cover the costs of a purchase if you have not yet accumulated enough in your PSA.

  • Employees can make a parking purchase directly at a garage/parking lot and file a claim to receive reimbursement from available PSA funds. In order to file a claim, employees must notify WageWorks before the 10th of the month and indicate the amount that they plan to spend in the following month. Claims may be filed up to six months after purchase through WageWorks. An employee’s PSA account will be debited and a reimbursement check will be mailed to the address on file.

The Terms and Conditions of the COMMUTEwell program are subject to change without notice and are provided in their entirety.

You must keep your records up-to-date. Please inform COMMUTEwell program staff if you have any of the following changes: work address change, vehicle change, employment change (e.g., changing departments/retiring), and work schedule change (day shift/night shift).