497 1 d252656d497.htm PRUDENTIAL DISCOVERY PREMIER GROUP VARIABLE CONTRACT ACCOUNT Prudential Discovery Premier Group Variable Contract Account

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

Discovery Premier Group Retirement Annuity

Supplement to Prospectus and Statement of Additional Information Dated May 1, 2011

Supplement dated November 9, 2011

This Supplement should be read and retained with the current Prospectus for your annuity. This Supplement is intended to update certain information in the Prospectus for the Discovery Premier Group Retirement Annuity. If you would like another copy of the current Prospectus, please contact us at 1-877-778-2100.

We are issuing this supplement to provide notice of the liquidation and termination of the Credit Suisse Trust U.S. Equity Flex I Portfolio effective on or about October 28, 2011.

PROSPECTUS CHANGES

 

  I. Cover Page

All references to the Credit Suisse Trust and U.S. Equity Flex I Portfolio are hereby deleted on the cover page and throughout the Prospectus.

 

  II. Glossary

On page 1 of the Prospectus, the glossary term “Funds” is hereby revised to delete reference to the Credit Suisse Trust.

 

  III. Summary of Contract Expenses – Total Annual Mutual Fund Operating Expenses

In the Section titled “Summary of Contract Expenses” on page 3, under the heading “Total Annual Mutual Fund Operating Expenses” the Maximum is deleted and replaced with 1.40%.

 

  IV. Summary of Contract Expenses – Expense Example

The expense example on page 4 is deleted in its entirety and replaced with the following:

Example

1 yr

  3 yrs     5 yrs     10 yrs  
$233   $ 718      $ 1,230      $ 2,636   

 

  V. General Information About Prudential, Prudential Discovery Premier Group Variable Contract Account And The Investment Options Available Under The Contract

On page 10 of the Prospectus in the above referenced section, the reference to the Credit Suisse Trust and U.S. Equity Flex I Portfolio description is deleted in its entirety.

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STATEMENT OF ADDITIONAL INFORMATION (“SAI”) CHANGES

 

  I. Cover Page

All references to the Credit Suisse Trust and U.S. Equity Flex I Portfolio are hereby deleted on the cover page and throughout the Statement of Additional Information.

PLEASE RETAIN THIS SUPPLEMENT WITH YOUR PROSPECTUS

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