Kodak Retirees Worried About Health Benefits
Updated: Wednesday, July 10 2013, 08:42 PM CDT
Rochester, N.Y.-- For months, Joseph Janowicz and Wayne Weiler were on edge. The two had worked at for more than three decades and with rumors that Kodak might be filing for bankruptcy, they wondered what would happen to their retiree benefits and .
On the site, the company says despite the bankruptcy filing, retiree pensions are safe. So are 401Ks. Health, dental and life insurance benefits are also safe for the time being.
The company says that changes could be made to health benefits after proceedings in bankruptcy court.
Kodak plans to send letters to all its retirees informing them of the changes.
Janowicz wishes Kodak had reached out to retirees sooner.
"Get to the point. Good news or bad news. Share it with us. We're all grownups in today's society and it's very important that we know."
Some retirees like Weiler are even considering taking up a part-time job if benefits are cut.
For more information on what Kodak's bankruptcy filing mean for retirees, visit www.kodaktransforms.com .