Kodak To Meet with Retirees, Monday and Tuesday
By: Caroline Tucker
Updated: December 17, 2012
Two weeks before Kodak retiree benefits expire, the company is meeting with former workers.
Kodak and the court-appointed Official Committee of Retirees met with retirees on Monday night at 6:30 pm.
Two more meetings are scheduled for Tuesday at the Theatre on the Ridge.
The town hall meeting will cover the health and survivor benefits set to expire December 31st.
Kodak can't afford the 10 million a month cost for benefits.
There is also a settlement of about $650 million that is for retirees.
There are 56,000 retirees and their spouses.
The Official Committee of Retirees is expected to determine how to divide those funds up, that will also be a topic of discussion at the meetings.
Meeting times are 9 - 10:30 am and 1 - 2:30 pm at the Theatre on the Ridge in Rochester.
