Why a bad taste? It's a membership that costs like $15k+ a year - it'd better include access to the parks.
Why not just give them a slew of complementary tickets to use during the year, then? They shouldn't still hold passes to a program that has been cancelled for everyone else. They should just say "Club 33 membership includes complementary theme park admission all year" but still require them to go through the same reservation process as everyone else.