Prudential Premier Retirement Variable Annuities

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OPTIONAL BENEFIT ANNUALIZED OPTIONAL BENEFIT FEE/CHARGE 7 COMBINATION 5% ROLL-UP AND HAV DEATH BENEFIT Charge 10 (assessed as a percentage of the average daily net assets of the Sub-accounts) YOUR OPTIONAL BENEFIT FEES AND CHARGES TOTAL ANNUALIZED CHARGE 8 for X SERIES TOTAL ANNUALIZED CHARGE 8 for B SERIES TOTAL ANNUALIZED CHARGE 8 for L SERIES TOTAL ANNUALIZED CHARGE 8 for C SERIES 0.80% 2.65% 2.10% 2.50% 2.55% 7 The charge for each of Highest Daily Lifetime Income Suite of Benefits listed above is assessed against the greater of Unadjusted Account Value and the Protected Withdrawal Value (PWV). PWV is described in the Living Benefits section of this prospectus. The charge for each of GRO Plus II, Highest Daily GRO II, Highest Anniversary Value Death Benefit, and Combination 5% Roll-Up and HAV Death Benefit is assessed as a percentage of the average daily net assets of the Sub-accounts. 8 HOW THE OPTIONAL BENEFIT FEES AND CHARGES ARE DETERMINED For Highest Daily Lifetime Income Suite of Benefits listed above: The charge is taken out of the Sub-accounts. For B Series, in all Annuity Years, the current optional benefit charge is in addition to the 1.30% annualized charge of amounts invested in the Sub-accounts. For each of the L Series, X Series, and C Series the annualized charge for the base Annuity drops after Annuity Year 9 as described below: Highest Daily Lifetime Income 2.0: 1.00% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Subaccounts for base Annuity after the 9 th Annuity Year. Spousal Highest Daily Lifetime Income 2.0: 1.10% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Highest Daily Lifetime Income 2.0 with LIA: 1.50% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Highest Daily Lifetime Income 2.0 with Highest Daily Death Benefit: 1.50% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Spousal Highest Daily Lifetime Income 2.0 with Highest Daily Death Benefit: 1.60% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Highest Daily Lifetime Income and Spousal Highest Daily Lifetime Income: 0.95% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Highest Daily Lifetime Income with LIA: 1.30% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Highest Daily Lifetime 6 Plus: 0.85% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Highest Daily Lifetime 6 Plus with LIA: 1.20% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. Spousal Highest Daily Lifetime 6 Plus: 0.95% current optional benefit charge is in addition to 1.30% annualized charge of amounts invested in the Sub-accounts for base Annuity after the 9 th Annuity Year. For GRO Plus II and Highest Daily GRO II: For B Series, the optional benefit charge plus base Annuity charge is 1.90% in all Annuity Years. In the case of L Series, X Series, and C Series, the optional benefit charge plus base Annuity charge drops to 1.90% after the 9th Annuity Year. Highest Anniversary Value Death Benefit: For B Series, the optional benefit charge plus base Annuity charge is 1.70% in all Annuity Years. In the case of the L Series, X Series, and C Series, the optional benefit charge plus base Annuity charge drops to 1.70% after the 9 th Annuity Year. Combination 5% Roll-Up and HAV Death Benefit: For B Series, the optional benefit charge plus base Annuity charge is 2.10% in all Annuity Years. In the case of the L Series, X Series, and C Series, total charge drops to 2.10% after the 9 th Annuity Year. 9 We reserve the right to increase the charge to the maximum charge indicated, upon any step-up under the benefit. We also reserve the right to increase the charge to the maximum charge indicated if you elect or re-add the benefit post-issue. 10 Because there is no higher charge to which we could increase the current charge, the current charge and maximum charge are one and the same. Thus, so long as you retain the benefit, we cannot increase your charge for the benefit. 11 This benefit was offered from January 24, 2011 to August 19, 2012. 12 This benefit was offered from March 15, 2010 to January 23, 2011. The following table provides the range (minimum and maximum) of the total annual expenses for the underlying mutual funds (“Portfolios”) as of December 31, 2011 before any contractual waivers and expense reimbursements. Each figure is stated as a percentage of the underlying Portfolio's average daily net assets. TOTAL ANNUAL PORTFOLIO OPERATING EXPENSES MINIMUM MAXIMUM Total Portfolio Operating Expense 0.62% 1.66% 8
The following are the total annual expenses for each underlying mutual fund (“Portfolio”) as of December 31, 2011, except as noted and except if the underlying Portfolio’s inception date is subsequent to December 31, 2011. The “Total Annual Portfolio Operating Expenses” reflect the combination of the underlying Portfolio’s investment management fee, other expenses, any 12b-1 fees, and certain other expenses. Each figure is stated as a percentage of the underlying Portfolio’s average daily net assets. For certain of the Portfolios, a portion of the management fee has been contractually waived and/or other expenses have been contractually partially reimbursed, which is shown in the table. The following expenses are deducted by the underlying Portfolio before it provides Pruco Life with the daily net asset value. The underlying Portfolio information was provided by the underlying mutual funds and has not been independently verified by us. See the prospectuses or statements of additional information of the underlying Portfolios for further details. The current prospectus and statement of additional information for the underlying Portfolios can be obtained by calling 1-888-PRU-2888. UNDERLYING PORTFOLIO UNDERLYING MUTUAL FUND PORTFOLIO ANNUAL EXPENSES Management Fees (as a percentage of the average net assets of the underlying Portfolios) For the year ended December 31, 2011 Other Distribution Expenses (12b-1) Fees Dividend Expense on Short Sales Broker Fees and Expenses on Short Sales Acquired Portfolio Fees & Expenses Total Annual Portfolio Operating Expenses Contractual Fee Waiver or Expense Reimbursement Net Annual Fund Operating Expenses Advanced Series Trust AST Academic Strategies Asset Allocation 0.72% 0.07% 0.00% 0.05% 0.01% 0.68% 1.53% 0.00% 1.53% AST Advanced Strategies 0.85% 0.14% 0.00% 0.00% 0.00% 0.03% 1.02% 0.00% 1.02% AST Balanced Asset Allocation 0.15% 0.01% 0.00% 0.00% 0.00% 0.85% 1.01% 0.00% 1.01% AST BlackRock Global Strategies 1.00% 0.15% 0.00% 0.00% 0.00% 0.02% 1.17% 0.00% 1.17% AST BlackRock Value 0.85% 0.12% 0.00% 0.00% 0.00% 0.00% 0.97% 0.00% 0.97% AST Bond Portfolio 2017 0.64% 0.16% 0.00% 0.00% 0.00% 0.00% 0.80% 0.00% 0.80% AST Bond Portfolio 2018 0.64% 0.14% 0.00% 0.00% 0.00% 0.00% 0.78% 0.00% 0.78% AST Bond Portfolio 2019 0.64% 0.31% 0.00% 0.00% 0.00% 0.00% 0.95% 0.00% 0.95% AST Bond Portfolio 2020 0.64% 0.32% 0.00% 0.00% 0.00% 0.00% 0.96% 0.00% 0.96% AST Bond Portfolio 2021 0.64% 0.14% 0.00% 0.00% 0.00% 0.00% 0.78% 0.00% 0.78% AST Bond Portfolio 2022 0.64% 0.27% 0.00% 0.00% 0.00% 0.00% 0.91% 0.00% 0.91% AST Bond Portfolio 2023 0.64% 0.34% 0.00% 0.00% 0.00% 0.00% 0.98% 0.00% 0.98% AST Capital Growth Asset Allocation 0.15% 0.01% 0.00% 0.00% 0.00% 0.88% 1.04% 0.00% 1.04% AST CLS Moderate Asset Allocation 0.30% 0.02% 0.00% 0.00% 0.00% 0.71% 1.03% 0.00% 1.03% AST Cohen & Steers Realty 1.00% 0.14% 0.00% 0.00% 0.00% 0.00% 1.14% 0.00% 1.14% AST Federated Aggressive Growth 0.95% 0.17% 0.00% 0.00% 0.00% 0.00% 1.12% 0.00% 1.12% AST FI Pyramis ® Asset Allocation 1 0.85% 0.20% 0.00% 0.24% 0.04% 0.00% 1.33% 0.00% 1.33% AST First Trust Balanced Target 0.85% 0.13% 0.00% 0.00% 0.00% 0.00% 0.98% 0.00% 0.98% AST First Trust Capital Appreciation Target 0.85% 0.13% 0.00% 0.00% 0.00% 0.00% 0.98% 0.00% 0.98% AST Franklin Templeton Founding Funds Allocation 2 0.95% 0.16% 0.00% 0.00% 0.00% 0.00% 1.11% -0.01% 1.10% AST Global Real Estate 1.00% 0.18% 0.00% 0.00% 0.00% 0.00% 1.18% 0.00% 1.18% AST Goldman Sachs Concentrated Growth 0.90% 0.12% 0.00% 0.00% 0.00% 0.00% 1.02% 0.00% 1.02% AST Goldman Sachs Large-Cap Value 0.75% 0.12% 0.00% 0.00% 0.00% 0.00% 0.87% 0.00% 0.87% AST Goldman Sachs Mid-Cap Growth 1.00% 0.13% 0.00% 0.00% 0.00% 0.00% 1.13% 0.00% 1.13% AST Goldman Sachs Small-Cap Value 0.95% 0.15% 0.00% 0.00% 0.00% 0.09% 1.19% 0.00% 1.19% 9
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PRUCO LIFE INSURANCE COMPANY PRUCO
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UNDERLYING PORTFOLIO UNDERLYING MUT
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UNDERLYING PORTFOLIO UNDERLYING MUT
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ii. To the list of available variab
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II. NEW OPTIONAL BENEFITS This supp
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that may periodically transfer your
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Anniversary, we identify the Unadju
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Non-Lifetime Withdrawal Feature You
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▪ If annuity payments are to begi
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(iv) our receipt of Due Proof of De
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Example (assume the income basis is
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taken first from your own Account V
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While Spousal Highest Daily Lifetim
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** In this example, the first daily
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▪ Any Lifetime Withdrawal that yo
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to the death claim and the payment
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ages 59 1 ⁄2 to 64; 4.5% for ages
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Page 41 and 42: Upon termination of Highest Daily L
Page 43 and 44: Key Feature - Annual Income Amount
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Page 60 and 61: The Prudential Insurance Company of
Page 62 and 63: COMBOSUP2 ADVANCED SERIES TRUST Sup
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Page 66 and 67: STYLE/ TYPE Asset Allocation COMBOS
Page 68 and 69: GENPROD2 PRUCO LIFE INSURANCE COMPA
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Page 72 and 73: In the section titled “Investment
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Page 76 and 77: Advanced Series Trust AST Academic
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Page 80 and 81: Guarantee Period: The period of tim
Page 82 and 83: C SERIES There is no CDSC or other
Page 84 and 85: OPTIONAL BENEFIT ANNUALIZED OPTIONA
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Page 90 and 91: EXPENSE EXAMPLES These examples are
Page 92 and 93: Please see “Investment Options,
Page 94 and 95: INVESTMENT OPTIONS The Investment O
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Page 108 and 109: group (Group II) our “Custom Port
Page 110 and 111: For the Long-Term MVA Option, a Gua
Page 112 and 113: FEES, CHARGES AND DEDUCTIONS In thi
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Page 116 and 117: additional Purchase Payments, unles
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Page 120 and 121: MANAGING YOUR ACCOUNT VALUE There a
Page 122 and 123: Please Note: Contracts managed by y
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Page 126 and 127: prior to age 59 1 ⁄2 if you elect
Page 128 and 129: ANNUITY OPTIONS Annuitization invol
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Page 132 and 133: Income 2.0 may be appropriate if yo
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make will be the first Lifetime Wit
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certain in order to comply with the
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transfer all amounts held in the AS
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Example: Assuming the Target Ratio
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If you elect Highest Daily Lifetime
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If the Annuity permits additional P
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If you have not made a Lifetime Wit
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▪ Spousal Highest Daily Lifetime
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Required Minimum Distributions See
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▪ One Annuity Owner, where the Ow
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effective date of the benefit, the
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Highest Daily Lifetime Income 2.0 w
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▪ The Annuitant was 70 years old
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▪ Please note that if your Unadju
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The benefit automatically terminate
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(c) all Purchase Payments (includin
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▪ Both designated lives were 70 y
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Required Minimum Distributions See
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newly-elected benefit will commence
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GUARANTEED RETURN OPTION PLUS II (G
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time. The formula determines the ap
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Value” above for more details). Y
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HD GRO II uses a predetermined math
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Any amounts invested in the AST bon
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DEATH BENEFITS TRIGGERS FOR PAYMENT
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Calculation of Highest Anniversary
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A surviving spouse’s ability to c
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VALUING YOUR INVESTMENT VALUING THE
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TAX CONSIDERATIONS The tax consider
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Taxes Payable by Beneficiaries The
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A Nonqualified annuity may also be
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In any event, you must begin receiv
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ERISA Requirements ERISA (the “Em
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out of any other business we may co
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Cost Averaging, auto rebalancing, a
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Infinex Investments, Inc. ING Finan
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County, Illinois, was served on Pru
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Sub-Accounts Accumulation Unit Valu
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PREMIER RETIREMENT L SERIES Pruco L
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Sub-Accounts PREMIER RETIREMENT C S
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Annuity Comparison X Series B Serie
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The shaded values indicate the high
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holidays), plus the amount of any P
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Examples of dollar-for-dollar and p
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Required Minimum Distributions Requ
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Unadjusted Account Value and Protec
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equire a transfer to the Bond Sub-a
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to as the “LIA Amount”) if you
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the latter scenario, we determine w
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The “Periodic Value” is initial
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Amount on a dollar-for-dollar basis
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Here is the calculation: Withdrawal
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Election of and Designations under
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holidays), plus the amount of any P
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Examples of dollar-for-dollar and p
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Required Minimum Distributions Requ
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▪ If you elect this benefit and i
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Generally, the formula, which is ap
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Additional Tax Considerations If yo
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LIA Amount after the first Lifetime
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section above entitled “How Highe
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Highest Daily Auto Step-Up An autom
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Non-Lifetime Withdrawal Feature You
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apply to current participants in th
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If the formula ratio is less than a
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We reserve the right to waive the l
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If the formula ratio is less than a
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▪ T - the amount of a transfer in
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You can have a traditional IRA whet
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2. Rollovers from an employer retir
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Distributions from traditional IRAs
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income, and dividend income), pensi
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c. Made to a Beneficiary or to your
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CONTINGENT DEFERRED SALES CHARGE 1
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The Prudential Insurance Company of
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Prudential Premier Retirement Variable Annuities

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