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RETIREMENT BENEFITS
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
RETIREMENT BENEFITS RETIREMENT BENEFITS
For additional information on Citi’s retirement benefits, see Note 8 to the Consolidated Financial Statements in Citi’s 2025 Form 10-K.
Citigroup remeasures its significant pension and postretirement benefit plans’ obligations and assets by updating plan actuarial assumptions quarterly, when certain conditions are met to trigger interim remeasurement. No interim remeasurement occurred for the six months ended June 30, 2026 and 2025.





Net Expense (Benefit)
The following tables summarize the components of net expense (benefit) recognized in the Consolidated Statement of Income for the Company’s pension and postretirement benefit plans. Service cost is reported in Compensation and benefits expenses and all other components of the net periodic benefit cost are reported in Other operating expenses in the Consolidated Statement of Income.



Three Months Ended June 30,
Pension plansPostretirement benefit plans
U.S. plansNon-U.S. plansU.S. plansNon-U.S. plans
In millions of dollars20262025202620252026202520262025
Service cost$— $— $31 $28 $— $— $— $— 
Interest cost on benefit obligation112 119 106 106 3 3 37 29 
Expected return on assets(147)(151)(113)(94)(3)(2)(28)(18)
Amortization of unrecognized:
Prior service cost (benefit)1 1 2 (1)(1)(3)(1)(1)
Net actuarial loss (gain)56 50 9 16 (3)(3)5 2 
Curtailment (gain)(1)
— — (3)— — — — — 
Total net expense (benefit) $22 $19 $32 $55 $(4)$(5)$13 $12 
Six Months Ended June 30,
Pension plansPostretirement benefit plans
U.S. plansNon-U.S. plansU.S. plansNon-U.S. plans
In millions of dollars20262025202620252026202520262025
Service cost$— $— $63 $54 $— $— $— $— 
Interest cost on benefit obligation221 237 221 206 6 7 74 57 
Expected return on assets(291)(301)(224)(182)(5)(5)(55)(35)
Amortization of unrecognized:
Prior service cost (benefit)1 1 2 (2)(4)(5)(3)(3)
Net actuarial loss (gain)108 98 26 32 (5)(6)10 5 
Curtailment (gain)(1)
— — (3)— — — — — 
Total net expense (benefit) $39 $35 $85 $108 $(8)$(9)$26 $24 
(1)    Curtailment relates to divestiture and other wind-down activities.

Contributions
The following table summarizes the Company’s expected contributions for 2026 and the actual contributions made in 2025:
Pension plans Postretirement benefit plans 
U.S. plans(1)
Non-U.S. plans(2)
U.S. plansNon-U.S. plans
In millions of dollars20262025202620252026202520262025
Company contributions(3) expected to be made during the year, and made during the prior year
$61 $55 $120 $363 $5 $19 $12 $208 
(1)The U.S. plans include benefits paid directly by the Company for the nonqualified pension plans.
(2)The Company made a discretionary contribution of approximately $40 million and $210 million to a pension plan and a postretirement benefit plan, respectively, in Mexico Consumer/SBMM during the fourth quarter of 2025. The Company also made a contribution of approximately $190 million to a pension plan in Korea during 2025 due to legislative updates.
(3)Company contributions are composed of cash contributions made to the plans and benefits paid directly by the Company.