One of the reasons Mayor Willie Herenton delayed his retirement could be his pension.
Herenton announced Moday that he was pushing his retirement date back to July 30, the same day the city pension board would finalize the minutes from its last meeting, including Herenton's proposed pension.
Herenton announced June 25 that he planned to retire July 10. The city pension board approved his pension the same day but it does not become final until July 30.
Herenton will receive a yearly pension of about $75,000 in addition to his state pension of about $55,000 for 30 years with Memphis City Schools
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