Common use of ANNUITY SETTLEMENT TABLES Clause in Contracts

ANNUITY SETTLEMENT TABLES. AMOUNTS PAYABLE For Options 1 and 2, we will use the table below to compute the minimum amount of the annuity payment. If the Annuity Date is not a Contract Anniversary, we will adjust the amounts accordingly. When we computed the amounts we show in the Option 2 Table, we adjusted the 1983 Table a to an age last birthday basis, less three years; we used an interest rate of 3 1/2% per year. If the age is over 80, the rate for age 80 will be used. OPTION 1 TABLE MINIMUM AMOUNT OF MONTHLY PAYMENT FOR EACH $1,000, THE FIRST OPTION 2 TABLE PAYABLE IMMEDIATELY Amount of Annuity Payment for Number Monthly each $1,000 applied on the Annuity Date of Years Payment Age Male Female Age Male Female 1 $84.65 41 $3.88 $3.67 61 $5.25 $4.79 2 43.05 42 3.92 3.70 62 5.36 4.89 3 2919 43 3.97 3.74 63 5.48 4.98 4 22.27 44 4.01 3.78 64 5.60 5.09 5 45 4.06 3.82 65 5.73 5.20 46 4.12 3.86 66 5.87 5.31 6 15.35 47 4.17 3.90 67 6.01 5.43 7 13.38 48 4.23 3.94 68 6.15 5.56 8 11.90 49 4.28 3.99 69 6.30 5.70 9 10.75 50 4.35 4.04 70 6.46 5.84 10 9.83 51 4.41 4.09 71 6.62 5.99 52 4.48 4.15 72 6.79 6.15 11 9.09 53 4.55 4.21 73 6.96 6.31 12 8.46 54 4.62 4.27 74 7.13 6.49 13 7.94 55 4.70 4.33 75 7.30 6.67 14 7.49 56 4.78 4.40 76 7.48 6.85 15 7.10 57 4.86 4.47 77 7.66 7.04 58 4.95 4.54 78 7.83 7.24 16 6.76 59 5.05 4.62 79 8.00 7.44 17 6.47 60 5.15 4.71 80 8.17 7.64 18 6.20 19 5.97 20 5.75 21 5.56 22 5.39 23 5.24 24 5.09 25 4.96

ANNUITY SETTLEMENT TABLES. AMOUNTS PAYABLE For Options 1 and 2, we will use the table below to compute the minimum amount of the annuity payment. If the Annuity Date is not a Contract Anniversary, we will adjust the amounts accordingly. When we computed the amounts we show in the Option 2 Table, we adjusted the 1983 Table a Table(a) to an age last birthday basis, less three years; we used an interest rate of 3 1/2% per year. If the age is over 80, 80 the rate for age 80 will be used. OPTION 1 TABLE MINIMUM AMOUNT OF MONTHLY PAYMENT FOR EACH $1,000, THE FIRST OPTION 2 TABLE PAYABLE IMMEDIATELY Amount of Annuity Payment for Number Monthly ---------------------- each $1,000 applied on the Annuity Date Number Monthly ----------------------------------------------------- of Years Payment Age Male Female Age Male Female ------------------------------------------------------------------------------- 1 $84.65 41 $3.88 $3.67 61 $5.25 $4.79 2 43.05 42 3.92 3.70 62 5.36 4.89 3 2919 29.19 43 3.97 3.74 63 5.48 4.98 4 22.27 44 4.01 3.78 64 5.60 5.09 5 18.12 45 4.06 3.82 65 5.73 5.20 46 4.12 3.86 66 5.87 5.31 6 15.35 47 4.17 3.90 67 6.01 5.43 7 13.38 48 4.23 3.94 68 6.15 5.56 8 11.90 49 4.28 3.99 69 6.30 5.70 9 10.75 50 4.35 4.04 70 6.46 5.84 10 9.83 51 4.41 4.09 71 6.62 5.99 52 4.48 4.15 72 6.79 6.15 11 9.09 53 4.55 4.21 73 6.96 6.31 12 8.46 54 4.62 4.27 74 7.13 6.49 13 7.94 55 4.70 4.33 75 7.30 6.67 14 7.49 56 4.78 4.40 76 7.48 6.85 15 7.10 57 4.86 4.47 77 7.66 7.04 58 4.95 4.54 78 7.83 7.24 16 6.76 59 5.05 4.62 79 8.00 7.44 17 6.47 60 5.15 4.71 80 8.17 7.64 18 6.20 ------------------------------------------------------ 19 5.97 20 5.75 21 5.56 22 5.39 23 5.24 24 5.09 25 4.964.96 ---------------------- Multiple the monthly amount by 2.989 for quarterly, 5.952 for semi-annual or 11.804 for annual ---------------------- (VFM-96)

ANNUITY SETTLEMENT TABLES. AMOUNTS PAYABLE Amounts Payable For Options 1 and 2, we will use the table below to compute the minimum amount of the annuity payment. If the Annuity Date is not a Contract Anniversary, we will adjust the amounts accordingly. When we computed the amounts we show in the Option 2 Table, we adjusted the 1983 Table a to an age last birthday basis, less three years; we used an interest rate of 3 1/2% per year. If the age is over 80, the rate for age 80 will be used. OPTION 1 TABLE MINIMUM AMOUNT OF MONTHLY PAYMENT FOR EACH $1,000, THE FIRST OPTION 2 TABLE PAYABLE IMMEDIATELY Amount of Annuity Payment for Number Monthly each $1,000 applied on the Annuity Date of Years Payment Age Male Female Age Male Female -------- ------- 1 $84.65 41 $3.88 $3.67 61 $5.25 $4.79 2 43.05 42 3.92 3.70 62 5.36 4.89 3 2919 43 3.97 3.74 63 5.48 4.98 29.19 4 22.27 44 4.01 3.78 64 5.60 5.09 5 45 4.06 3.82 65 5.73 5.20 46 4.12 3.86 66 5.87 5.31 18.12 6 15.35 47 4.17 3.90 67 6.01 5.43 7 13.38 48 4.23 3.94 68 6.15 5.56 8 11.90 49 4.28 3.99 69 6.30 5.70 9 10.75 50 4.35 4.04 70 6.46 5.84 10 9.83 51 4.41 4.09 71 6.62 5.99 52 4.48 4.15 72 6.79 6.15 11 9.09 53 4.55 4.21 73 6.96 6.31 12 8.46 54 4.62 4.27 74 7.13 6.49 13 7.94 55 4.70 4.33 75 7.30 6.67 14 7.49 56 4.78 4.40 76 7.48 6.85 15 7.10 57 4.86 4.47 77 7.66 7.04 58 4.95 4.54 78 7.83 7.24 16 6.76 59 5.05 4.62 79 8.00 7.44 17 6.47 60 5.15 4.71 80 8.17 7.64 18 6.20 19 5.97 20 5.75 21 5.56 22 5.39 23 5.24 24 5.09 25 4.964.96 Multiply the monthly amount by 2.989 for quarterly, 5.952 for semi-annual or 11.804 for annual. OPTION 2 TABLE Amount of Annuity Payment for each $1,000 applied on the Annuity Date AGE MALE FEMALE AGE MALE FEMALE --- ---- ------ --- ---- ------ 41 $3.88 $3.67 61 $5.25 $4.79 42 3.92 3.70 62 5.36 4.89 43 3.97 3.74 63 5.48 4.98 44 4.01 3.78 64 5.60 5.09 45 4.06 3.82 65 5.73 5.20 46 4.12 3.86 66 5.87 5.31 47 4.17 3.90 67 6.01 5.43 48 4.23 3.94 68 6.15 5.56 49 4.28 3.99 69 6.30 5.70 50 4.35 4.04 70 6.46 5.84 51 4.41 4.09 71 6.62 5.99 52 4.48 4.15 72 6.79 6.15 53 4.55 4.21 73 6.96 6.31 54 4.62 4.27 74 7.13 6.49 55 4.70 4.33 75 7.30 6.67 56 4.78 4.40 76 7.48 6.85 57 4.86 4.47 77 7.66 7.04 58 4.95 4.54 78 7.83 7.24 59 5.05 4.62 79 8.00 7.44 60 5.15 4.71 80 8.17 7.64 (VFM-96) - - ----------------------------====================================================

ANNUITY SETTLEMENT TABLES. AMOUNTS PAYABLE For Options 1 and 2, we will use the table below to compute the minimum amount of the annuity payment. If In the Annuity Date Dates is not a Contract Anniversary, we will adjust the amounts accordingly. When we computed the amounts we show in the Option 2 Table, we adjusted the 1983 Table a (a) to an age last birthday basis, less three years; we used an interest rate of 3 3-1/2% per year. If the age is over 80, the rate for age 80 will be used. OPTION 1 TABLE MINIMUM AMOUNT OF MONTHLY PAYMENT FOR EACH $1,000, THE FIRST OPTION 2 TABLE PAYABLE IMMEDIATELY Amount of Annuity Payment for Number Monthly each $1,000 applied on the Annuity Date of Years Payment Age Male Female Age Male Female --------------------------- 1 $84.65 41 $3.88 $3.67 61 $5.25 $4.79 2 43.05 42 3.92 3.70 62 5.36 4.89 3 2919 43 3.97 3.74 63 5.48 4.98 29.19 4 22.27 44 4.01 3.78 64 5.60 5.09 5 45 4.06 3.82 65 5.73 5.20 46 4.12 3.86 66 5.87 5.31 18.12 6 15.35 47 4.17 3.90 67 6.01 5.43 7 13.38 48 4.23 3.94 68 6.15 5.56 8 11.90 49 4.28 3.99 69 6.30 5.70 9 10.75 50 4.35 4.04 70 6.46 5.84 10 9.83 51 4.41 4.09 71 6.62 5.99 52 4.48 4.15 72 6.79 6.15 11 9.09 53 4.55 4.21 73 6.96 6.31 12 8.46 54 4.62 4.27 74 7.13 6.49 13 7.94 55 4.70 4.33 75 7.30 6.67 14 7.49 56 4.78 4.40 76 7.48 6.85 15 7.10 57 4.86 4.47 77 7.66 7.04 58 4.95 4.54 78 7.83 7.24 16 6.76 59 5.05 4.62 79 8.00 7.44 17 6.47 60 5.15 4.71 80 8.17 7.64 18 6.20 19 5.97 20 5.75 21 5.56 22 5.39 23 5.24 24 5.09 25 4.964.96 --------------------------- Multiply the monthly amount by 2.989 for quarterly, 5.952 for semi-annual or 11.804 for annual. OPTION 2 TABLE Amount of Annuity Payment for each $1,000 applied on the Annuity Date Age Male Female Age Male Female ----------------------------------------------------------------- 41 $3.88 $3.67 61 $5.25 $4.79 42 3.92 3.70 62 5.36 4.89 43 3.97 3.74 63 5.48 4.98 44 4.01 3.78 64 5.60 5.09 45 4.06 3.82 65 5.73 5.20 46 4.12 3.86 66 5.87 5.31 47 4.17 3.90 67 6.01 5.43 48 4.23 3.94 68 6.15 5.56 49 4.28 3.99 69 6.30 5.70 50 4.35 4.04 70 6.46 5.84 51 4.41 4.09 71 6.62 5.99 52 4.48 4.15 72 6.79 6.15 53 4.55 4.21 73 6.96 6.31 54 4.62 4.27 74 7.13 6.49 55 4.70 4.33 75 7.30 6.67 56 4.78 4.40 76 7.48 6.85 57 4.86 4.47 77 7.66 7.04 58 4.95 4.54 78 7.83 7.24 59 5.05 4.62 79 8.00 7.44 60 5.15 4.71 80 8.17 7.64 ----------------------------------------------------------------- (VFM--96)