Other Benefits and Programs

Effective Jan. 1, 2023, the following Family Building Reimbursement Programs are available to eligible employees after six months of continuous service.

Birth and Postpartum Doula Reimbursement: Up to $2,000 (full-time) or $1,000 (part-time) per pregnancy for eligible birth and postpartum doula expenses. Any reimbursement amount is considered taxable income.

Adoption Reimbursement: Up to $20,000 (full-time) or $10,000 (part-time) per lifetime for eligible adoption-related expenses. Reimbursement amounts above the IRS pretax limit ($16,810 for 2024) are taxable to employees.

Surrogacy Reimbursement: Up to $20,000 (full-time) or $10,000 (part-time) per lifetime for eligible surrogacy-related expenses. Any reimbursement amount is considered taxable income. Includes birth and/or postpartum doula expenses, as described above, for the surrogate (limited to $2,000 per pregnancy for eligible full-time and $1,000 for eligible part-time employees), within the overall surrogacy lifetime reimbursement limit of $20,000 for eligible full-time and $10,000 for eligible part-time employees.

Visit the Family Building Reimbursement Programs page on Pathfinder to learn more.

Paid time off for new parents is available under the Parental Leave policy.

The Commuter Benefits Program provides a tax-advantaged program for employees who commute to work. You can enroll at any time; it is not part of annual enrollment.

Employees can pay for eligible commuting costs (parking and mass transit expenses) through automatic, pretax payroll deductions. When you enroll, you select the options and amounts for mass transit and/or parking (up to the IRS limits — $315 for transit and $315 for parking in 2024) that fit your needs. PNC deducts your contribution from your pay before taxes are calculated, which saves you money. If your commuter expenses exceed the individual pretax limits, you can contribute additional amounts on an after-tax basis through payroll deduction.

Key Features

This program offers the convenience of:

  • Transit passes delivered right to your door;
  • Single “smart” debit card that can be used for both parking and transit expenses; and
  • The option to pay your parking lease directly to the lot or garage.

Learn more

The Dependent Care Reimbursement Account (DCRA) lets you use pretax dollars to pay for eligible dependent care expenses. These include: day care for your qualified dependents, before- and after-school programs, summer day camp and adult day care so that you (and your spouse if you are married) can work, or so that you can work full-time if your spouse is a full-time student or disabled. For many employees, the DCRA can mean significant tax savings. Note: Although the maximum household contribution is $5,000, you may be limited to a lower contribution if you are considered highly compensated, per IRS rules.

Learn more

You can enroll in or make changes to voluntary benefits any time during the year.

Pet insurance is available through MetLife. Home and auto coverage is available through MetLife via Farmers. Call MetLife directly at 800-438-6388 any time to enroll at group rates as a PNC employee and pay for coverage through convenient payroll deductions. Learn more at metlife.com/PNC.

Identity Theft Protection is available through Allstate. You can enroll and make changes to coverage through UPoint via Pathfinder any time during the year. Payments are made through convenient payroll deductions.

PNC partners with Guild to offer a best-in-class education experience that includes a curated catalog of hundreds of fully funded professional certificates, college prep courses, and associate and bachelor’s degrees in a wide range of fields of study that can support your growth our success as a company. Through these programs, you can tap into your potential, develop your skills and grow your PNC career.

Several options to fit your needs

The programs included in our Guild education benefit catalog were selected specifically for PNC employees – to help you expand your knowledge and gain valuable, on-the-job skills — on your terms. The benefit includes a variety of programs through three funding options:

  1. Fully Funded: PNC pays 100% tuition directly to the learning institution for select programs with reimbursable books and fees
  2. Partially Funded: PNC pays tuition (up to $5,250/year) directly to the learning institution for additional select programs with reimbursable books and fees
  3. Reimbursement: PNC pays you back up to $5,250/year for eligible programs outside the Guild catalog

Refer to the Education Benefit policy on Pathfinder for details.

The ESPP gives you the opportunity to purchase PNC stock at a discount through payroll deductions. Full-Time employees with six months of continuous service and part-time employees with one year of continuous service as of the first day of the next offering period (Jan. 1 or July 1) are eligible to participate in the ESPP.

Key features

  • Once eligible, you may contribute 1% to 10% of your regular pay to purchase PNC common stock at a 5% discount from the fair market value on the purchase date.
  • Shares will be deposited to your Fidelity Brokerage Account.

How to enroll

Once eligible, you may enroll in the ESPP any time. Your election will take effect at the beginning of the next offering period.

You can enroll online 24/7 from any computer with internet access.

  • Go to Pathfinder from PNC’s Intranet (or directly to pncpathfinder.com).
  • Expand the Retirement & Investments panel.
  • In the Employee Stock Purchase Plan section, click the Enroll button.

Be sure to review the ESPP Prospectus and Annual Report on Form 10-K.

Also see the Proxy Statement.

If you have questions, contact Fidelity Stock Plan Services at 800-544-9354 between 5 p.m. Sunday and midnight Friday ET, excluding the holiday hours of the New York Stock Exchange.

To learn more about how the ESPP works, where shares are held, suspending or changing your contributions, verifying your balance or selling shares, or leaving PNC, please visit Pathfinder and select Retirement & Investments, then ESPP, then Learn More.

Go to Pathfinder and select MoneyWise to find a wealth of financial resources and tools, plus special discounts and offers available to eligible PNC employees.