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Pension and Other Postretirement Employee Benefit Plans
9 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
Pension and Other Postretirement Employee Benefit Plans Pension and other postretirement employee benefit plans
Refer to Note 8 of JPMorgan Chase’s 2023 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.
Three months ended September 30,Nine months ended September 30,
(in millions)2024202320242023
Total net periodic defined benefit plan cost/(credit)$(114)$(104)$(342)$(292)
Total defined contribution plans
461 403 1,292 1,165 
Total pension and OPEB cost included in noninterest expense
$347 $299 $950 $873 
As of September 30, 2024 and December 31, 2023, the fair values of plan assets for the Firm’s significant defined benefit pension and OPEB plans were $23.2 billion and $22.0 billion, respectively.