2013 Trust Refund



Although never guaranteed, cash refunds are scheduled for mailing to eligible Subscribers mid-February, 2013. The 2013 refund details are listed below. Cash refunds paid by the AICPA Insurance Trust and the AICPA Group Insurance Trust to subscribers are paid out of premium refunds received by the applicable Trust from The Prudential Insurance Company of America.

Your refund is a percentage of your insurance contributions for your subscription in effect September 30, 2012 (CPA Life Insurance Plan, Group Variable Universal Life Insurance Plan, Level Premium Term Life Insurance Plan or Group Insurance Plan), December 31, 2012 (Long Term Disability Income Plan) or July 31, 2012 (Long Term Care Plan) for all or part of the following periods:


Refund Percentages of Contributions



CPA Life Insurance Plan

A. Standard Participation

Member Life Insurance
Payment Basis
  Annual* Semi-Annual* Monthly**
Ages Without Waiver With Waiver Without Waiver With Waiver Without Waiver With Waiver
Under 40 50% 50% 49% 49% 48% 48%
40-49 40% 40% 39% 39% 38% 38%
50-59 13% 13% 12% 12% 11% 11%
60 and over 13% N/A 12% N/A 11% N/A

Spouse Life Insurance
Payment Basis
Ages Annual* Semi-Annual* Monthly
Under 40 40% 39% 38%
40-49 29% 28% 27%
50-79 13% 12% 11%

B. Select Status Participation

Member Life Insurance
Payment Basis
  Annual* Semi-Annual* Monthly**
Ages      Without Waiver With Waiver Without Waiver With Waiver Without Waiver With Waiver
45-49 50% 50% 49% 49% 48% 48%
50-59 33% 33% 32% 32% 31% 31%
60-79 33% N/A 32% N/A 31% N/A

Spouse Life Insurance
Payment Basis
Ages Annual* Semi-Annual* Monthly
45-49 39% 38% 37%
50-79 33% 32% 31%

C. Preferred Status Participation

Member Life Insurance - GVUL Only
Payment Basis
  Annual Semi-Annual Monthly**
Ages      Without Waiver With Waiver Without Waiver With Waiver Without Waiver With Waiver
50-59 29% 29% 29% 29% 29% 29%
60-79 29% N/A 29% N/A 29% N/A

Spouse Life Insurance
Payment Basis
Ages Annual* Semi-Annual* Monthly
50-79 31% 30% 29%

A member's refund is increased by $25.00 if both the member and spouse are insured. For participants making monthly Electronic Fund Transfer payments, the annual refund is increased by $25.00. The refund is reduced by $6.00 for insureds with Dependent Child Coverage.

* Includes bonus refunds of 2% and 1% for the annual and semi-annual payment basis, respectively, if contribution payments are remitted timely.

** The monthly refund percentages are applicable to participants in the Group Variable Universal Life Insurance Plan (GVUL).

Level Premium Term Life Insurance Plan

Member and Spouse:
Ages Annual* Semi-Annual* Monthly
All Ages 12% 11% 10%

A member's refund is increased by $25.00 if both the member and spouse are insured. For participants making monthly Electronic Fund Transfer payments, the annual refund is increased by $25.00. The refund is reduced by $6.00 for insureds with Dependent Child Coverage.

* Includes bonus refunds of 2% and 1% for the annual and semi-annual payment basis, respectively, if contribution payments are remitted timely.

Group Insurance Plan
For Eligible Firms:

Without Dependents Coverage With Dependents Coverage
45% 40%

A firm's refund is increased by $100.00 if the firm submits monthly reports via the Self Service Portal.

Long Term Disability Income Plan

Ages Waiting Period Annual* Semi-Annual*
Under 50 13 weeks 17% 16%
Under 50 26 weeks 37% 36%
50 and over 13 weeks 32% 31%
50 and over 26 weeks 52% 51%

* Includes bonus refunds of 2% and 1% for the annual and semi-annual payment basis, respectively, if contribution payments are remitted timely.


Long Term Care Plan

Payment Basis
Annual Semi-Annual
2% 1%

The present definition of eligibility and treatment of a class of subscribers should not be construed as an indication of the basis for qualification for any future refund distribution.

The Participant acknowledges and agrees that in order to obtain the refund, if any, all refund checks must be presented for payment according to the terms and procedures set forth in this paragraph. Without limiting the foregoing, refund checks shall be deemed null and void if not duly presented for payment by, or on behalf of, the Participant or Former Participant by the expiration date (not to be less than six (6) months from the date of issuance) set forth on the face of the check. IF A PARTICIPANT FAILS TO TIMELY PRESENT FOR PAYMENT A REFUND CHECK ACCORDING TO THIS PROVISION AND HAS NOT, PRIOR TO THE EXPIRATION OF THE INITIAL REFUND CHECK, REQUESTED RE-ISSUANCE OF SUCH CHECK, THE FULL AMOUNT OF THE REFUND SHALL BE APPLIED TOWARD ANY OF THE PARTICIPANT'S CONTRIBUTION PAYMENTS DUE; IF NO CONTRIBUTION PAYMENTS ARE DUE OR OWING BY THE PARTICIPANT AT THE TIME THE REFUND CHECK EXPIRES, THE REFUND AMOUNT SHALL BE APPLIED TOWARD FUTURE CONTRIBUTIONS AS THEY BECOME DUE, UNTIL THE PARTICIPANT RECEIVES THE FULL REFUND AMOUNT EXCEPT AS OTHERWISE PROVIDED IN THIS AGREEMENT. UPON TERMINATION OF COVERAGE UNDER THE APPLICABLE TRUST, NOTHING HEREIN SHALL LIMIT A PARTICIPANT'S RIGHT TO RECEIVE A FULL REFUND OF ANY UNEARNED CONTRIBUTIONS OR UNAPPLIED PORTION OF EXPIRED REFUNDS.

For further information about the 2013 Refund, including net costs, please consult the 2013 Annual Report of the AICPA Life Insurance/Disability Plans Committee you received with your Refund.

For GVUL, you should consider the contract and the underlying funds' investment objectives, risks, charges and expenses carefully before investing. Both the contract prospectus and fund prospectuses contain this and other important information. You may contact Aon Benfield Securities, Inc. for the prospectuses. You should read them carefully before purchasing the coverage.

Coverage under the Group Life, Long Term Disability and Long Term Care Plans are issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102. Contract series 83500.

Group Variable Universal Life Insurance (contract series 89759) is issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102-3177 and is distributed by Prudential Investment Management Services LLC (PIMS), Three Gateway Center, 14th Floor, Newark, NJ 07102-4077. GVUL is administered and offered through Aon Benfield Securities, Inc. Member FINRA/SIPC, 159 East County Line Road, Hatboro, PA 19040-1218. 1-800-223-7473. The Plan Administrator/Plan Agent is Aon Insurance Services. Aon Benfield Securities, Inc. and Aon Insurance Services are not affiliated with either Prudential or PIMS.

Insurer Issued Codes:
California COA #1179 NAIC #68241
IFS-A136649 0238570-00001-00 Ed. 1/13





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