<p>EKRA Ltd., an organization of Eastman Kodak Co. retirees, announced Thursday it has reached an agreement with Kodak on a motion pertaining to the Kodak Excess Retirement Income Plan and the Kodak Unfunded Retirement Income Plan.</p><p>Kodak halted the two pension plans for retirees in January 2012 when the company filed for bankruptcy. The move ended payments for more than 1,000 retirees.</p><p>Under the motion approved in court on Wednesday, Kodak has agreed to recalculate all KURIP and KERIP claims using a more favorable mortality table and a discount rate. EKRA officials said the changes will result in an average increase of some 14 percent for claim amounts.</p><p>"While this agreement does not give us everything we asked for, after consultation with our attorney, Jeff Dove, we believe it provides as much as, if not more than, we could expect to achieve if we litigated the issues before the court," said Art Roberts, president of EKRA, in a statement.</p><p><a href="http://www.rbj.net/article.asp?aID=197479">Keep reading...</a></p>