Tag Archive | "seniors"

MTA Retirees Get Free Ride


Mayor Bloomberg is taking issue with retired transit workers free train passes the New York Post reported today. The mayor’s office compiled the numbers after a caller into his weekly radio show asked him to. According to the article:

  • About 15,000 retired transit workers get the free pass
  • At full value the cards cost the MTA at least $16 million annually
  • NYC transit rider numbers were not provided but between Metro-North and LIRR riders, approximately 11,600 passes are given out to former employees and their spouses
  • As part of their pensions, transit retirees generally get the cards at age 55

It’s worth noting that the budget gap the MTA is trying to close is estimated at approximately $1.2 billion. Were the pass program to be eliminated, it would represent a little over 1% of what the MTA needs to make up.

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