A message from your deferred compensation plan, pertaining to the Coronavirus Aid, Relief and Economic Security Act (CARES Act).
The CARES Act was signed into law on March 27. This law - the Coronavirus Aid, Relief and Economic Security Act - is a stimulus package that is intended to provide relief to many Americans during the COVID-19 pandemic. The CARES Act includes a number of provisions specific to retirement plans, including your Deferred Compensation Plan. If you, your spouse or dependent has been diagnosed with the virus, or you've experienced adverse financial consequences as a result of COVID-19, you may be interested in the CARES Act. The CARES Act has also affected Required Minimum Distributions for calendar year 2020. Visit the www.prudential.com/covid19 website and contact your department's Dedicated Retirement Counselor for more information.
Corrections Dedicated Retirement Counselor:
Jim Cordes
(516) 314-9693