Quote Originally Posted by erikg View Post
Pensions both public and private can and do disappear or shrink, beyond any illegal activity. Unfunded or underfunded pension liability is a major crisis in the US. Kodak USA employees took a big hit. It's happening everywhere, cities and states too. Some may well call it a crime, but judges don't seem to agree. Look it up.
Stone was not talking about under funded pensions being safe. That's a big difference.

Personally I think Kodak Alaris will fail as a film producer, but not as an entire entity. So the KPP retirees should be OK in the long run.