MEMPHIS, Tenn. — The Memphis City Council approved a nearly $3,000 bonus for retired employees during a July 8 meeting.
The resolution, sponsored by the city administration, looked to secure a one-time bonus of $2,950 for Memphis retirees currently getting pension payments or eligible to receive pension.
The payments are expected to be made in September 2025 after council members decided to wait for final financial reports to be submitted to the city. If finances are adequate, payments will be made as planned…