The Kodak website - http://www.kodaktransforms.com/ - that was set up to inform about the bankruptcy, says:
1) the bankruptcy only directly impacts US employees and retirees; and
2) the following:
"Kodak Retirement Income Plan Benefits
What will happen to my Kodak Retirement Income Plan (KRIP),benefit
Currently it is expected that there will be no impact on the amount of KRIP benefits or the payment of monthly annuities, given that the Plan is well funded and neither Kodak nor its creditors have access to KRIP’s assets.
Are the assets of the KRIP protected from creditors’ claims in the Chapter 11 proceedings?
Yes. Assets in Kodak’s qualified pension plans, including the KRIP, are held in a separate trust and are not part of Kodak’s assets. U.S. federal law protects qualified pension plan assets from the claims of Kodak’s creditors and a federal agency, the Pension Benefit Guaranty Corporation, insures payments up to a certain level.
Will the Pension Benefit Guarantee Corporation (PBGC) take over KRIP, and if it does what will happen?
Generally the PBGC, a government agency, will take control of KRIP only if Kodak goes out of business or cannot make required contributions to the Plan, neither of which is currently anticipated. If the PBGC takes over, it will terminate the Plan, but will pay your benefits earned prior to the termination, although they will have to be paid as an annuity and may be reduced depending on the Plan’s funding. You can get more information from the PBGC’s website: www.pbgc.gov."