<p>A new scheme for members of the Kodak Pension Plan (KPP) will be launched in April 2014 after more than three quarters of members of the current scheme backed the proposal.</p><p>Trustees of the scheme said 80% of members had voted on the plan, with 97% of those, representing 92% of KPP's liabilities, choosing to join the scheme.</p><p>Members who have not voted, or have rejected the proposal, will remain in the old scheme, which will enter Pension Protection Fund (PPF) assessment when the new scheme is launched.</p><p>Trustees said The Pensions Regulator (TPR) had given clearance for the transaction which will release former sponsor Eastman Kodak Company (EKC) from its obligation to support the scheme.</p><p><a href="http://www.professionalpensions.com/professional-pensions/news/2300117/kodak-plan-gets-green-light-from-members-regulator-and-ppf">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.webwire.com/ViewPressRel.asp?aId=181366">Aon Hewitt advises trustees of Kodak Pension Plan on groundbreaking agreement</a> (WebWire (press release))</p><p><a href="http://www.employeebenefits.co.uk/benefits/pensions/kodak-pension-plan-to-set-up-new-db-scheme/103235.article">Kodak Pension Plan to set up new DB scheme</a> (Employee Benefits)</p><p><a href="http://ca.linexlegal.com/contents/view/56460892">Hogan Lovells | Hogan Lovells Advises on Innovative Kodak Pension Plan ...</a> (Linex Legal (press release) (registration))</p><p>Explore: <a href="http://news.google.com/news/more?ncl=d-kzzj8988301QMxs4A8GMNwjRnhM&ned=us">5 additional articles.</a></p>