Strategic Partners Plus 3 - Prudential Annuities

GLOSSARY continuedProportional WithdrawalsA method that involves calculating the percentage of your Contract Value that each prior withdrawal represented when withdrawn.In general, proportional withdrawals result in a reduction to the applicable benefit value by reducing such value in the sameproportion as the Contract Value was reduced by the withdrawal as of the date the withdrawal occurred.Protected Withdrawal ValueUnder the Lifetime Five Income Benefit, Spousal Lifetime Five Income Benefit, Highest Daily Lifetime Seven Income Benefit andSpousal Highest Daily Lifetime Seven Income Benefit, an amount that we guarantee regardless of the investment performance ofyour Contract Value. For the Highest Daily Lifetime Five Benefit only, we refer to an amount that we guarantee regardless of theinvestment performance of your Contract Value as the “Total Protected Withdrawal Value”.Prudential Annuity Service CenterFor general correspondence: P.O. Box 7960, Philadelphia, PA 19176. For express overnight mail: 2101 Welsh Road, Dresher, PA19025. The telephone number is (888) PRU-2888. Prudential’s Web site is www.prudential.com.Purchase PaymentsThe amount of money you pay us to purchase the contract. Generally, you can make additional purchase payments at any timeduring the accumulation phase.Separate AccountPurchase payments allocated to the variable investment options are held by us in a separate account called the Pruco Life of NewJersey Flexible Premium Variable Annuity Account. The separate account is set apart from all of the general assets of Pruco Life ofNew Jersey.Spousal Lifetime Five SM Income BenefitAn optional feature available for an additional charge that guarantees the ability to withdraw amounts equal to a percentage of aninitial principal value (called the “Protected Withdrawal Value”), regardless of the impact of market performance on the ContractValue, subject to our rules regarding the timing and amount of withdrawals. Under the Spousal Lifetime Five Income Benefit, anannual income amount is paid until the later death of two natural persons who are each other’s spouses at the time of election and atthe first death of one of them.Spousal Highest Daily Lifetime Seven SM Income BenefitThe spousal version of the Highest Daily Lifetime Seven Income Benefit. Spousal Highest Daily Lifetime Seven is the same classof optional benefit as our Spousal Lifetime Five Income benefit, but differs (among other things) with respect to how the ProtectedWithdrawal Value is calculated and to how the lifetime withdrawals are calculated.Statement of Additional InformationA document containing certain additional information about the Strategic Partners Plus 3 variable annuity. We have filed theStatement of Additional Information with the Securities and Exchange Commission and it is legally a part of this prospectus. Tolearn how to obtain a copy of the Statement of Additional Information, see the front cover of this prospectus.Tax DeferralThis is a way to increase your assets without currently being taxed. Generally, you do not pay taxes on your contract earnings untilyou take money out of your contract. You should be aware that tax favored plans (such as IRAs) already provide tax deferralregardless of whether they invest in annuity contracts. See Section 10, “What Are The Tax Considerations Associated With TheStrategic Partners Plus 3 Contract?”Variable Investment OptionWhen you choose a variable investment option, we purchase shares of the underlying mutual fund that are held as an investmentfor that option. We hold these shares in the separate account. The division of the separate account of Pruco Life of New Jersey thatinvests in a particular mutual fund is referred to in your contract as a subaccount.Contract described herein is no longer available for sale.6