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Kodak Ends Pension to Cut Debt, Shifts to Cash Balance Plan
401(k) Specialist 
Aug. 20, 2025 "Eastman Kodak Company has terminated its pension plan that covered approximately 35,000 participants, and is offering a new cash balance retirement plan for its roughly 4,000 current employees ... [T]he company said it has been preparing for the pension plan termination for some time and expects to receive 'approximately $500 million of assets -- after meeting our obligations to all pension fund participants -- in December 2025 when the transaction closes.' " MORE >> |
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