Your Future in Focus 1 of Ed.12/2012 New Jersey Defined Contribution Retirement Plan Stan Rovinski, Prudential Retirement Counselor For Institutional Plan Sponsor Use Only

Your Future in Focus 2 of 37 Plan Overview Plan Contributions Available Investment Options Asset Allocation & Diversification GoalMaker ® asset allocation program Submitting Contributions Available Resources Table of Content Page 3 Page 4 Page 5 Page 6 Pages Page 9 Paged For Institutional Plan Sponsor Use Only

Your Future in Focus 3 of 37 Defined Contribution Retirement Plan:  Retirement benefit  Group Life Insurance  Long-term Disability Insurance Eligible employees include:  Elected and appointed officials  Employees earning salary in excess of “maximum compensation” limits  Part-time employees earning at least $5,000 annually Plan Overview For Institutional Plan Sponsor Use Only

Your Future in Focus 4 of 37 Employer Contributions  3.0% of base salary Member Contributions  5.5% of base salary Allocation of Contributions  Participants choose allocations  If no choice is made, invested in default fund Plan Contributions You are immediately vested in your own contributions. Employer contributions are vested after 12 months of service. For Institutional Plan Sponsor Use Only

Your Future in Focus 5 of 37 Available Investment Options Stock Funds Large-Cap Calvert Equity I* Fidelity Contrafund Large Cap Value/LSV Asset Management Fund Polen Capital Large Cap Growth Fund QMA Large Cap Quantitative Core Equity Fund Vanguard Institutional Index Fund Mid-Cap QMA Mid Cap Quantitative Core Equity Fund Small-Cap Small Cap Growth/RBC Fund Small Cap Value/TB CAM Fund International Dodge & Cox International Stock Fund International Blend/Thornburg Fund Oppenheimer Developing Markets Fund Y* Stable Value DCP Stable Value Fund Fixed Income Core Bond Enhanced Index/PIM Fund Core Plus Bond/PIMCO Fund Balanced PIMCO All Asset Fund Instl* Vanguard Wellesley Income Fund Retirement Income Prudential Day One sm IncomeFlex Target ® Balanced Fund All investing involves risk, such as fixed income (interest rate), default, small cap, international and sector risks—including the possible loss of principal. *Registered mutual fund For Institutional Plan Sponsor Use Only

Your Future in Focus 6 of 37 Spread your money across different types of investments* Diversification Asset Allocation Bond Investments Stock Investments Cash/Stable Value Bond Investments Cash/Stable Value Global Stock Fund Large-Cap Stock Fund Small-Cap Stock Fund * NOTE: Keep in mind that the application of asset allocation and diversification concepts does not assure a profit or protect against loss in a declining market. It is possible to lose money by investing in securities. Asset allocation and Diversification For Institutional Plan Sponsor Use Only

Your Future in Focus 7 of 37 Participants provide… Their expected retirement age Their investor style Desire for income protection Participants get… Automatic asset allocation Automatic rebalancing Automatic age adjustment Automatic income protection Introducing GoalMaker Keep in mind that application of asset allocation and diversification concepts does not assure a profit or protect against loss in a declining market. It is possible to lose money by investing in securities. For Institutional Plan Sponsor Use Only

Your Future in Focus 8 of 37 GoalMaker® model portfolios These model portfolios are provided as samples and not as investment recommendations. The model portfolios are based on generally accepted investment practices and take into account the principles of modern portfolio theory, in which allocations are adjusted in an effort to achieve maximum returns for a given level of risk. You may want to consider other assets, income, and investments you may have before applying these models to your individual situation. Please note that in addition to the specific investments used in the GoalMaker model portfolios, other investments may be available under your retirement program. Past performance of investments or asset classes does not guarantee future results. For Institutional Plan Sponsor Use Only

Your Future in Focus 9 of 37 Submitting Contributions For Institutional Plan Sponsor Use Only

Your Future in Focus 10 of 37 Division of Pensions and Benefits website www/state.nj.us/treasury/pensions  Fact Sheet #79, DCRP for PERS, TPAF, PFRS and SPRS Members  Fact Sheet #80, DCRP for Elected and Appointed Officials  Fact Sheet #82, DCRP if ineligible for PERS or TPAF Prudential Retirement  Enter DCRP Plan # Press #1 for Jeff Beilman or #2 for Linda Mangan. Available Resources for Employers For Institutional Plan Sponsor Use Only

Your Future in Focus 11 of 37 Prudential Retirement  NJDCRP1 ( )   Stan Rovinski (609) or Available Resources for Participants For Institutional Plan Sponsor Use Only

Your Future in Focus 12 of 37 Questions? [ ] For Institutional Plan Sponsor Use Only

Your Future in Focus 13 of 37 Investors should consider the fund's investment objectives, risks, charges and expenses before investing. The prospectus, and if available the summary prospectus, contain complete information about the investment options available through your plan. Please call for a free prospectus and if available, a summary prospectus that contain this and other information about our mutual funds. You should read the prospectus and the summary prospectus, if available carefully before investing. It is possible to lose money when investing in securities. Shares of the registered mutual funds are offered by Prudential Investment Management Services LLC (PIMS), Three Gateway Center, 14th Floor, Newark, NJ PIMS is a Prudential Financial company. Stan Rovinski, Linda Mangan and Jeff Beilman are are registered representatives of PIMS. The Prudential IncomeFlex Target Fund is a separate account under a group variable annuity contract issued by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, CT.PRIAC does not guarantee the investment performance or return on contributions to the separate account. You should consider the objectives, risks, charges, and expenses of the Fund and guarantee features before purchasing this product. Like all variable investments, this fund may lose value. Availability and terms may vary by jurisdiction; subject to regulatory approvals. For this and other information, please visit or call NJSEDCP ( ) for a copy of the Prudential IncomeFlex Target® Important Considerations before investing. Guarantees are based on the claims-paying ability of the insurance company and are subject to certain limitations, terms, and conditions. Annuity contracts contain exclusions, limitations, reductions of benefits and terms for keeping them in force. Contract form #GA-2020-TGWB NJ. PRIAC is solely responsible for its financial condition and contractual obligations. For Institutional Plan Sponsor Use Only

Your Future in Focus 14 of 37 The DCP Stable Value Fund is a trust product that is composed of a group annuity contract issued by The Prudential Insurance Company of America and a portfolio of assets owned by the New Jersey State Employees Deferred Compensation Plan or its designee. Guarantees apply during the term of the group annuity contract. The Fund is not issued or guaranteed by the U.S. government or by any state government or agency. Transfers into the Fund may be made at any time. Transfers out of the Fund may be made to other investment options that are accepting contributions at such time. If in the future the Plan adds an investment option(s) with characteristics similar to the DCP Stable Value Fund, transfers to such new option(s) may be subject to restrictions. The Prudential Insurance Company of America, Newark, New Jersey, is a Prudential Financial company. Prudential Retirement’s group variable annuity contracts are issued by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, CT, a Prudential Financial company. © 2014 Prudential Financial, Inc. and its related entities Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide. for Institutional Plan Sponsor Use Only For Institutional Plan Sponsor Use Only