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Eastman Kodak to Buy Annuity Contract After Ending Pension Plan
MarketWatch 
Oct. 17, 2025 "The deal, set to close Oct. 21, will cover about 27,000 participants in Eastman Kodak's terminated retirement plan.... About 3,600 employees elected to receive a lump-sum distribution of their retirement benefits in lieu of an annuity when Eastman Kodak terminated the pension program. The company settled $76 million of pension obligations through lump-sum payments on Oct. 1, and expects to settle $157 million more in lump-sum payments on Nov. 1." MORE >> |
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