Market Overview

Prudential Retirement is Rockland County's new deferred compensation plan provider, to oversee $313 million in new retirement assets

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Deferred Compensation Plan officials for Rockland County, New York, have
selected Prudential Retirement as their new record keeper. Prudential
Retirement, among the industry's largest recordkeepers and a leading
provider of retirement solutions, is a business unit of Prudential
Financial, Inc. ((PRU).

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180815005080/en/

Scott Gaul, Prudential Retirement (Photo: Business Wire).

Scott Gaul, Prudential Retirement (Photo: Business Wire).

Prudential will oversee $313 million in assets covering 2,300
participants. The business transitioned in June.

"We are pleased Rockland County selected Prudential to administer their
457 deferred compensation plan," says Scott Gaul, head of sales and
strategic relationships at Prudential Retirement. "Our goal at
Prudential Retirement is to make financial wellness a reality for both
our plan sponsors, like Rockland County, and their employees."

Rockland County credited Prudential's quality of participant
communication materials, commitment to onsite participant servicing, and
solid investment and record-keeping platform as some of the primary
factors in selecting Prudential Retirement.

Prudential Retirement is a leading retirement benefits provider in the
public sector and has done extensive research to help provide better
retirement outcomes to public sector workers
in an effort to help
them achieve a future they deserve.

"The Rockland County Deferred Compensation Board was interested in
helping participants through improved communications and financial
education. Prudential demonstrated a real commitment to helping
participants save and invest successfully, and their technology,
experience and dedication made them the best choice for our employees,"
said Larry Toole, Rockland County board chair.

Peter Scott, Centurion Group, LLC, was the advisor to the Rockland
County Deferred Compensation Board.

About Prudential Retirement

Prudential Retirement delivers retirement plan solutions for public,
private, and nonprofit organizations. Services include defined
contribution, defined benefit and nonqualified deferred compensation
record keeping, administrative services, investment management,
comprehensive employee education and communications, and trustee
services, as well as a variety of products and strategies, including
institutional investment and income products, pension risk transfer
solutions and structured settlement services. With more than 85 years of
retirement experience, Prudential Retirement helps meet the needs of 4.3
million participants and annuitants. Prudential Retirement has $432.6
billion in retirement account values as of June 30, 2018. Retirement
products and services are provided by Prudential Retirement Insurance
and Annuity Company (PRIAC), Hartford, Connecticut, or its affiliates.

About Prudential

Prudential Financial, Inc. ((PRU),
a financial services leader with more than $1 trillion in assets under
management as of June 30, 2018, has operations in the United States,
Asia, Europe and Latin America. Prudential's diverse and talented
employees are committed to helping individual and institutional
customers grow and protect their wealth through a variety of products
and services, including life insurance, annuities, retirement-related
services, mutual funds and investment management. In the U.S.,
Prudential's iconic Rock symbol has stood for strength, stability,
expertise and innovation for more than a century. For more information,
please visit news.prudential.com.

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