Prudential Premier Retirement Variable Annuities

Highest Daily Death Benefit
A Death Benefit is payable under Spousal Highest Daily Lifetime Income v2.1 with HD DB (until we begin making Guarantee
Payments under the benefit or annuity payments have begun) upon the death of the Remaining Designated Life when we receive
Due Proof of Death. The Death Benefit is the greatest of: the Minimum Death Benefit (described in the prospectus) or the Highest
Daily Death Benefit Amount described below.
Highest Daily Death Benefit Amount:
On the date you elect Spousal Highest Daily Lifetime Income v2.1 with HD DB, the Highest Daily Death Benefit Amount is equal
to your Unadjusted Account Value. On each subsequent Valuation Day, until the date of death of the decedent, the Highest Daily
Death Benefit Amount will be the greater of:
(1) The Unadjusted Account Value on the current Valuation Day; and
(2) The Highest Daily Death Benefit Amount of the immediately preceding Valuation Day,
▪ increased by any Purchase Payments made on the current Valuation Day and,
▪ reduced by the effect of withdrawals made on the current Valuation Day, as described below.
Please note that the Highest Daily Death Benefit Amount does not have any guaranteed growth rate associated with it and therefore
can be a different amount than any of the guaranteed values associated with the living benefit features of Spousal Highest Daily
Lifetime Income v2.1 with HD DB.
A Non-Lifetime Withdrawal will proportionately reduce the Highest Daily Death Benefit Amount by the ratio of the Non-Lifetime
Withdrawal to the Account Value immediately prior to the Non-Lifetime Withdrawal. A Lifetime Withdrawal that is not
considered Excess Income will reduce the Highest Daily Death Benefit Amount (dollar-for-dollar) by the amount of the
withdrawal. All or a portion of a Lifetime Withdrawal that is considered Excess Income will proportionately reduce the Highest
Daily Death Benefit Amount by the ratio of the Excess Income to the Account Value immediately prior to the withdrawal of the
Excess Income.
The Highest Daily Death Benefit will be calculated on the date of death of the Remaining Designated Life and will be:
▪ increased by the amount of any additional Adjusted Purchase Payments, and
▪ reduced by the effect of any withdrawals (as described in the preceding paragraph),
made during the period between the decedent’s date of death and the date we receive Due Proof of Death.
We will reduce the Highest Daily Death Benefit Amount payable under this benefit by Purchase Credits applied during the period
beginning 12 months prior to the decedent’s date of death and ending on the date we receive Due Proof of Death. We may waive,
on a non-discriminatory basis, our right to deduct such Purchase Credits.
Please note that Highest Daily Death Benefit Amount is available only until we make Guarantee Payments under Spousal
Highest Daily Lifetime Income v2.1 with HD DB or annuity payments begin. This means that any withdrawals that reduce
your Unadjusted Account Value to zero will also reduce the Highest Daily Death Benefit Amount to zero.
All other provisions applicable to Death Benefits under your Annuity continue to apply. See the “Death Benefits” section of
the prospectus for more information pertaining to Death Benefits.
Benefits Under Spousal Highest Daily Lifetime Income v2.1 with HD DB
▪ To the extent that your Unadjusted Account Value was reduced to zero as a result of cumulative Lifetime Withdrawals in an
Annuity Year that are less than or equal to the Annual Income Amount, and Guarantee Payments amounts are still payable
under Spousal Highest Daily Lifetime Income v2.1 with HD DB, we will make an additional payment, if any, for that Annuity
Year equal to the remaining Annual Income Amount for the Annuity Year. Thus, in that scenario, the remaining Annual
Income Amount would be payable even though your Unadjusted Account Value was reduced to zero. In subsequent Annuity
Years we make payments that equal the Annual Income Amount as described in this section. We will continue to make
payments until the simultaneous deaths of both spousal designated lives, or the death of the Remaining Designated Life. After
the Unadjusted Account Value is reduced to zero, you are not permitted to make additional Purchase Payments to your
Annuity. To the extent that cumulative withdrawals in the Annuity Year that reduced your Unadjusted Account Value
to zero are more than the Annual Income Amount, Spousal Highest Daily Lifetime Income v2.1 with HD DB
terminates, and no additional payments will be permitted.
▪ Please note that if your Unadjusted Account Value is reduced to zero, all subsequent payments will be treated as annuity
payments. Further, payments that we make under this benefit after the Latest Annuity Date will be treated as annuity payments.
▪ Please note that if your Unadjusted Account Value is reduced to zero due to withdrawals or annuitization, any Death Benefit
value, including that of the HD DB feature, will terminate. This means that the HD DB is terminated and no Death Benefit is
payable if your Unadjusted Account Value is reduced to zero as the result of either a withdrawal in excess of your Annual
Income Amount or less than or equal to, your Annual Income Amount.
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