"Kodak currently spends about $10 million a month on such benefits.... In bankruptcy, 'Individuals may see their life savings lost or lose their jobs. Bankruptcy can have a particularly painful affect on retirees,' [the judge] said, before going on to say -- regardless of the financial pain to retirees -- that the benefits move is legal, fair and reasonable. The two largest wedges of the retiree-related debt are health coverage for 32,000 Medicare-eligible retirees, representing a $440 million liability on its balance sheet, and the [subsidized] Survivor Income Benefit for 7,500 people representing a $510 million liability."