When will I receive my benefits payment?

The timing of the benefits payment depends on various factors. For retirement benefits, the payment is typically made on the first business day of each month. However, for certain retirement plans, such as the Chase Pension Plan, payments are made on the 15th of the month. Health and welfare benefits payments are usually processed on a bi-weekly schedule, with funds usually deposited in your bank account on the specified payday. It is important to note that these timelines are subject to change based on weekends, holidays, and other factors. To stay updated on the exact timing of your benefits payment, we recommend regularly checking your account or reaching out to the JP Morgan Chase Benefits Customer Service team.