City of Memphis Awards $3000 Bonus for Retirees
Memphis, Tenn. August 30, 2024. The City of Memphis is pleased to announce that all retirees will receive a one-time bonus of $3000, to be distributed on August 30, 2024. This bonus is given in recognition of the dedicated service provided by the retirees to the City and its citizens over the years prior to their retirement.
Mayor Paul Young expressed his commitment to ensuring that retirees receive additional compensation despite facing budget constraints in FY25. The approximately 5600 retirees who have served the City will benefit from this gesture, with the total cost to the Pension Fund estimated at $16.7 million.
“City of Memphis retirees have made invaluable contributions to our community, and it is right that they are recognized and supported,” said Mayor Paul Young. “This bonus is a demonstration of our appreciation for their service to our community.”
The Mayor also emphasized the City’s commitment to reviewing future budgets to explore opportunities for additional support to retirees.
Call 311 for a service request
Call 211 for community services
901-636-6500
Stay Connected
City Pass is a free program that grants Memphis residents access to all programs and special events at City of
Memphis community centers, senior centers, aquatics centers and free admission to the Memphis Zoo on Tuesdays.
To get your City Pass card, create a profile account with Memphis Parks and visit one of the two locations that print
physical cards.
City Pass cards are available beginning: Tuesday September 3, 2024
Stay Connected
Join our email list
Sign up to get news straight from the source!