Beat first 4 ingredients in large bowl with mixer until blended.
Mix flour and baking soda; gradually add to pudding mixture, beating well after each addition. Shape into ball.
Roll out dough on lightly floured surface to 1/4-inch thickness.
Cut out dough using 4-inch bear-shaped cookie cutter; place, 2 inches apart, on baking sheets sprayed with cooking spray. Reroll scraps and use to cut additional cookies. Decorate with small candies, raisins or sprinkles for eyes, mouth and buttons, pressing decorations lightly into dough to secure.
Bake 12 to 14 min. or until slightly firm.
Let stand on baking sheets 2 min.; remove to wire racks. Cool completely.
Melt chocolate; spread onto bottom halves of bears for the pants or skirts. Use remaining chocolate to attach remaining decorations.