Message-ID: <11146568.1075858888458.JavaMail.evans@thyme> Date: Wed, 24 Oct 2001 08:36:07 -0700 (PDT) From: bill.donovan@enron.com To: j..kean@enron.com Subject: Bus Subsidy - '02 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Donovan, Bill X-To: Kean, Steven J. X-cc: X-bcc: X-Folder: \SKEAN (Non-Privileged)\Kean, Steven J.\Inbox X-Origin: Kean-S X-FileName: SKEAN (Non-Privileged).pst Steve - Question has come my way regarding bus - mass transit subsidy for '02. Employees want to be sure they will not need to set aside pre-tax $, via open enrollment now in place, to cover anything less than 100% bus subsidy. Currently (and throughout '01) Enron subsidizes bus passes to employees @ 100% of cost. This will be a $2.5 mill. expense in '02. During budget cycle several months ago it was discussed that Enron could cut this expense in half if subsidy was capped at $50/mo. - same as Parking subsidy. My records show this was not accepted and we plan to continue with 100% subsidy next year. Just checking if you. Given temper of average employee today, I assume this is still the right decision. - Bill