Kodak Plan to Phase Out Pension Plan to Make More Money

Kodak is looking to phase out its pension plan to put the company in a better financial spot.

Kodak’s current pension plan covers about 35,000 people.

If the company makes this move Kodak could make at least $500 million dollars and financial experts say both the company and people would benefit from it.

The pension would be safer because it would be handled by an insurance company.

Kodak plans to terminate pension plan, aims to boost finances