What I would like to achieve with lambda indentation is the following:
Multi-line statement:
String[] ppl = new String[] { \"Karen (F)\", \"Kevin (M)
Eclipse (Mars) has an option for lambda expressions formatter.
Go to Window > Preferences > Java > Code Style > Formatter
Click the Edit button, go to the Braces Tag and set the Lambda Body to Next Line Indented
Another option is update these properties into your project settings. (yourWorkspace > yourProject > .settings > org.eclipse.jdt.core.prefs)
org.eclipse.jdt.core.formatter.insert_space_before_lambda_arrow=insert
org.eclipse.jdt.core.formatter.brace_position_for_lambda_body=next_line_shifted