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Council approves one-time $2,950 bonus for eligible city retirees
Summary
The Memphis City Council on July 8 approved a resolution to provide a one-time $2,950 payment to eligible city retirees who are receiving pension payments or are eligible to receive pension; the item was discussed and approved with an amendment.
The Memphis City Council on July 8 adopted a resolution authorizing a one-time payment of $2,950 to city retirees currently receiving pension payments or eligible to receive pension (item 24). The resolution was sponsored by the administration and the committee recommended approval as amended.
Council discussion focused on wording and the effective dates of the amendment. Councilwoman Levin asked staff to confirm that the changes discussed by the committee had been incorporated into the amended version presented to council; staff confirmed the amendment was included and noted the recitals display two dates for clarity.
A council member briefly misstated the fiscal year in discussion, then corrected that the committee had recommended approval as amended. The transcript records the council casting recorded votes in favor and the item passing.
The transcript does not provide a line-item budget or funding source for the payment in the excerpt; the resolution text discussed at the meeting shows the payment is a one-time bonus for eligible retirees and that the resolution applies across all council districts.
