WageWorks, a leading private provider of pre-tax benefits for health care and commuter benefits, announced New York State will use its "NYS-Ride "program to provide commuter benefits for 35,000 executive branch employees in New York City." The program, pronounced "nice ride," applies a federal law that can provide savings of up to 40 percent on commuting costs. Like the similar TransitCrek program, NYS-Ride allows employees to use pre-tax earnings to purchase transit fares.

NYS-Ride, which was awarded to WageWorks via competitive bidding, will be piloted in the city for one year and may then be expanded to include state workers across New York.

Recently, WageWorks has also partnered with United States Postal Service to enable over 700,000 employees nation-wide to participate in a commuter savings program. The firm also provides services to the State of Ohio and City of Philadelphia.

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