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Pension and Other Postretirement Employee Benefit Plans
3 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
Pension and Other Postretirement Employee Benefit Plans Pension and other postretirement employee benefit plansRefer to Note 8 of JPMorgan Chase’s 2021 Form 10-K for a discussion of JPMorgan Chase’s pension and OPEB plans.
The following table presents the net periodic benefit costs reported in the Consolidated statements of income for the Firm’s defined benefit pension, defined contribution and OPEB plans.
(in millions)Three months ended March 31,
20222021
Pension and OPEB plans
Total net periodic defined benefit plan cost/(credit)(64)(59)
Total defined contribution plans
344 321 
Total pension and OPEB cost included in noninterest expense
$280 $262 
At March 31, 2022 and December 31, 2021, the fair values of plan assets for the Firm’s defined benefit pension and OPEB plans were $23.7 billion and $25.7 billion, respectively.