Eastman Kodak is preparing to terminate its U.S. pension plan to unlock value from the fund, whose value soared as a result ...

Kodak, once a giant in the photography industry, is planning to terminate its U.S. pension plan in a bid to improve its ...

Individuals with a cash balance pension plan face numerous decisions as they near retirement. Understanding the various options available is crucial for maximizing retirement income and ensuring ...

the total amount you'll get from a traditional pension plan is typically bigger than what you'll get from a cash-balance plan. That's because the formula for a traditional pension gives heavy ...

Kodak will begin selling illiquid assets in the Kodak Retirement Income Plan (KRIP) and has instructed its pension committee to “take actions appropriate to position KRIP for a potential termination.” ...

Cash Balance Plan combination. What is a 401(k) Cash Balance Pension Plan Combo? Pension law will allow a company to essentially stack a cash balance pension plan on top of a 401(k) plan.

As of September 30, Kodak had $214 million in cash on its balance sheet. The pension plan, covering around 35,000 participants and 2,000 current employees, has grown significantly due to strong ...

Shares of Eastman Kodak surged after the company said it may terminate its U.S. pension plan and sold off some of the plan's assets. The stock rose 27% to a high of $6.70 in early trading. Shares ...

The U.S. Department of Labor offers a fact sheet on the complex ... The premise of cash balance plans is relatively simple. It’s essentially a hybrid pension plan that offers significant ...

This transformational opportunity would significantly strengthen our balance sheet and position the company ... of participants in our overfunded pension plan, an asset created by decades of ...