SEASON TICKET LOAN FOR ANNUAL TRAVEL CARD .
June 07, 2012
SEASON TICKET LOAN To help you to pay for your travel to work, you can apply for an interest-free season ticket loan for an annual commuter card for travel to and from work on the train. The cost of your travel for the year will be deducted by NYSE Euronext from your net Salary on a monthly basis. Annual Commuter cards allow unlimited point to point travel from Monday to Friday and freedom of the Translink networks at weekends.
May 14, 2012
Confidential
2
HOW TO APPLY FOR AN ANNUAL COMMUTER CARD •An application form can be downloaded from: http://www.translink.co.uk/Documents/PDFs/Commuter_Travelcards_application_form _180809.pdf •Annual Commuter Cards commence the first of the month •Applications for Quotations need to be received before the 5th of the month previous to when they are to start. •Quotations and acceptance forms are sent out within four days after their arrival in the Pass Office. •Acceptance forms need to be returned to the Orlaith McKenna HR before the 15th of the month an emergency payment form and passport photo.
May 14, 2012
Confidential
3
REFUNDS AND DUPLICATES Refunds on commuter cards are not done pro rata. The refund is the difference between the amount paid for the card and the total cost of the appropriate monthly/40 journey tickets to cover one return journey per day up until the date the card is handed into the office. An Administration fee of £5.00 is applied to the refund. Exception on refund is if the commuter can prove a life event such as Maternity leave (same Life Events as TaxSmart), this refund is done pro rata and no admin fee is applied. Due to the method used refunds can only be applied for in the first 10 months of use. Refunds are also offered on illness if a letter is provided by the individual’s company form confirming period of absence.
Damaged cards are replaced free of charge and lost passes are charged £5 replacement fee Journey details can be changed and appropriate cost charged or refund given. Due to NYSE providing a loan for purchase of Annual Commuter Travelcard: Staff member returns pass to NYSE and requests refund
NYSE forwards pass and request to Translink Translink process refund and provide payment direct to NYSE not pass holder.
May 14, 2012
Confidential
4
RENEWALS Renewals are calculated and issued (new quotation and acceptance) 8 weeks before the card is due to expire The commuter needs to return the acceptance signed along with the emergency payment form. A photo is not required but can be changed if required. This need to be received before 15th of the month (see notes above regarding payment) A New card is issued each year
Caption style here
May 14, 2012
Confidential
5