diff --git a/lib/googleauth/compute_engine.rb b/lib/googleauth/compute_engine.rb
index d7318e1..d9c3cb7 100644
--- a/lib/googleauth/compute_engine.rb
+++ b/lib/googleauth/compute_engine.rb
@@ -12,6 +12,8 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
+require "base64"
+require "json"
 require "google-cloud-env"
 require "googleauth/signet"
 
@@ -123,7 +125,7 @@ def fetch_access_token _options = {}
       def build_token_hash body, content_type, retrieval_time
         hash =
           if ["text/html", "application/text"].include? content_type
-            { token_type.to_s => body }
+            parse_encoded_token body
           else
             Signet::OAuth2.parse_credentials body, content_type
           end
@@ -143,6 +145,18 @@ def build_token_hash body, content_type, retrieval_time
         end
         hash
       end
+
+      def parse_encoded_token body
+        hash = { token_type.to_s => body }
+        if token_type == :id_token && body =~ /^[\w=-]+\.([\w=-]+)\.[\w=-]+$/
+          base64 = Base64.urlsafe_decode64 Regexp.last_match[1]
+          json = JSON.parse base64 rescue nil
+          if json.respond_to?(:key?) && json.key?("exp")
+            hash["expires_at"] = Time.at json["exp"].to_i
+          end
+        end
+        hash
+      end
     end
   end
 end
diff --git a/spec/googleauth/compute_engine_spec.rb b/spec/googleauth/compute_engine_spec.rb
index e0b46f0..ad308ec 100644
--- a/spec/googleauth/compute_engine_spec.rb
+++ b/spec/googleauth/compute_engine_spec.rb
@@ -84,7 +84,7 @@ def make_auth_stubs opts
       expiry = @client.expires_at
       sleep 1
       @client.fetch_access_token!
-      expect(@client.expires_at.to_f).to be_within(0.1).of(expiry.to_f)
+      expect(@client.expires_at.to_f).to be_within(0.2).of(expiry.to_f)
     end
   end
 
@@ -107,7 +107,7 @@ def make_auth_stubs opts
       expiry = @client.expires_at
       sleep 1
       @client.fetch_access_token!
-      expect(@client.expires_at.to_f).to be_within(0.1).of(expiry.to_f)
+      expect(@client.expires_at.to_f).to be_within(0.2).of(expiry.to_f)
     end
   end
 
@@ -152,16 +152,46 @@ def make_auth_stubs opts
     end
   end
 
-  context "metadata is unavailable" do
+  context "metadata is available" do
     describe "#fetch_access_token" do
-      it "should pass scopes when requesting an access token" do
+      it "should pass scopes" do
         scopes = ["https://www.googleapis.com/auth/drive", "https://www.googleapis.com/auth/bigtable.data"]
         stub = make_auth_stubs access_token: "1/abcdef1234567890", scope: scopes
         @client = GCECredentials.new(scope: scopes)
         @client.fetch_access_token!
         expect(stub).to have_been_requested
       end
+    end
+
+    describe "Fetch ID tokens" do
+      it "should parse out expiration time" do
+        expiry_time = 1608886800
+        header = {
+          alg: "RS256",
+          kid: "1234567890123456789012345678901234567890",
+          typ: "JWT"
+        }
+        payload = {
+          aud: "http://www.example.com",
+          azp: "67890",
+          email: "googleapis-test@developer.gserviceaccount.com",
+          email_verified: true,
+          exp: expiry_time,
+          iat: expiry_time - 3600,
+          iss: "https://accounts.google.com",
+          sub: "12345"
+        }
+        token = "#{Base64.urlsafe_encode64 JSON.dump header}.#{Base64.urlsafe_encode64 JSON.dump payload}.xxxxx"
+        stub = make_auth_stubs id_token: token
+        @id_client.fetch_access_token!
+        expect(stub).to have_been_requested
+        expect(@id_client.expires_at.to_i).to eq(expiry_time)
+      end
+    end
+  end
 
+  context "metadata is unavailable" do
+    describe "#fetch_access_token" do
       it "should fail if the metadata request returns a 404" do
         stub = stub_request(:get, MD_ACCESS_URI)
                .to_return(status:  404,
@@ -214,13 +244,6 @@ def make_auth_stubs opts
     end
 
     describe "Fetch ID tokens" do
-      it "should pass scopes when requesting an ID token" do
-        scopes = ["https://www.googleapis.com/auth/drive", "https://www.googleapis.com/auth/bigtable.data"]
-        stub = make_auth_stubs id_token: "1/abcdef1234567890", scope: scopes
-        @id_client.fetch_access_token!
-        expect(stub).to have_been_requested
-      end
-
       it "should fail if the metadata request returns a 404" do
         stub = stub_request(:get, MD_ID_URI)
                .to_return(status:  404,