PRUDENTIAL PREMIER® ADVISOR VARIABLE ANNUITY
PRUDENTIAL PREMIER® RETIREMENT VARIABLE ANNUITY
PRUDENTIAL PREMIER® INVESTMENT VARIABLE ANNUITY
PRUCO LIFE INSURANCE COMPANY
PRUCO LIFE FLEXIBLE PREMIUM VARIABLE ANNUITY ACCOUNT
PRUCO LIFE INSURANCE COMPANY OF NEW JERSEY
PRUCO LIFE OF NEW JERSEY FLEXIBLE PREMIUM VARIABLE ANNUITY ACCOUNT
Supplement dated March 18, 2019
to Prospectuses dated April 30, 2018
This Supplement should be read in conjunction with the current Prospectus for your Annuity and should be retained for future reference. This Supplement is intended to update certain information in the Prospectus for the variable annuity you own and is not intended to be a prospectus or offer for any other variable annuity that you do not own. Defined terms used herein and not otherwise defined herein shall have the meanings given to them in the Prospectuses and Statements of Additional Information. Please check your Annuity Prospectus to determine which of the following changes affect the Annuity that you own. If you would like another copy of the current Annuity Prospectus, please call us at 1-888-PRU-2888.
AST Emerging Managers Diversified Portfolio, AST Morgan Stanley Multi-Asset Portfolio, AST Wellington Management Real Total Return Portfolio
Effective as of the close of business on April 26, 2019 (the “Closure Date”), the AST Emerging Managers Diversified Portfolio, AST Morgan Stanley Multi-Asset Portfolio, and AST Wellington Management Real Total Return Portfolio (the “Portfolios”) of Advanced Series Trust will be closed. As of the Closure Date, no additional Purchase Payments or requests for transfers of Account Value into the Sub-account(s) investing in the Portfolio(s) will be accepted from new or existing contract Owners, including those contract Owners who have Account Value invested in Sub-accounts investing in the Portfolio(s) as of the Closure Date. Dollar Cost Averaging and/or Auto-Rebalancing programs, if elected by a contract Owner prior to the Closure Date, will not be affected by the Closure unless a contract Owner withdraws or otherwise transfers his entire Account Value from the Sub-account investing in the Portfolio(s).
The Board of Trustees of Advanced Series Trust recently approved the liquidation of the Portfolios to be effective on or about July 1, 2019. The liquidation is subject to the approval of a Plan of Substitution by shareholders of the Portfolios. On or prior to the liquidation date, a contract Owner may transfer Account Value allocated to the Portfolio(s) to another investment option permitted under a contract, without such transfer counting towards the number of permitted transfers per year. Under the Plan of Substitution, any Account Value not transferred to another investment option as of the liquidation date will be automatically transferred to the AST Government Money Market Portfolio Sub-account on the liquidation date. Any Account Value transferred from the Sub-account(s) investing in the Portfolio(s) as a result of the Plan of Substitution, including applicable transfers into or out of the AST Government Money Market Portfolio Sub-account, will not be counted as one of the free transfers allowed to contract Owners, provided that the transfer occurs prior to, or within 90 days following, the liquidation date.
THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE
