Common use of ANNUITY SETTLEMENT TABLES Clause in Contracts

ANNUITY SETTLEMENT TABLES. Tables 1 and 2 below are applied to the Adjusted Contract Value to compute the minimum amount of the annuity payment. Table 1 is used to compute the minimum annuity payment under Option 1 (Fixed Period Annuity Option). Table 2 is used to compute the minimum annuity payment under Option 2 (Life Income Annuity Option). The rates in Tables 1 and 2 are applied per $1000 of Adjusted Contract Value as applicable. The annuity payments in Table 2 are based on the Annuitant's Adjusted Age and sex. The Adjusted Age is the Annuitant's age last birthday prior to the date on which the first Annuity payment is due, adjusted as shown in the "Translation of Adjusted Age" Table. When we computed the amounts shown in Table 2 we adjusted the Annuity 2000 Mortality Table to an age last birthday basis, less two years, with projected mortality improvements (modified Scale G). We used an interest rate of 3% per year. We will calculate annuity payments for other certain periods using the same interest and mortality assumptions as in Table 2. Table 1 Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. Number of Years Monthly Payment --------------- --------------- 10 9.61 11 8.86 12 8.24 13 7.71 14 7.26 15 6.87 16 6.53 17 6.23 18 5.96 19 5.73 20 5.51 21 5.32 22 5.15 23 4.99 24 4.84 25 4.71 MVA-2002 NY 16 TABLE 2 Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. Adjusted Age Male Female -------- ----- ------ 41 $3.40 $3.25 42 3.44 3.29 43 3.48 3.32 44 3.53 3.35 45 3.57 3.39 46 3.62 3.43 47 3.67 3.47 48 3.72 3.51 49 3.77 3.56 50 3.83 3.61 51 3.88 3.66 52 3.95 3.71 53 4.01 3.76 54 4.08 3.82 55 4.15 3.88 56 4.22 3.94 57 4.30 4.01 58 4.38 4.08 59 4.47 4.16 60 4.56 4.24 61 4.66 4.32 62 4.76 4.41 63 4.87 4.50 64 4.98 4.60 65 5.10 4.71 66 5.23 4.82 67 5.36 4.94 68 5.49 5.06 69 5.64 5.19 71 5.94 5.48 72 6.10 5.63 73 6.26 5.79 74 6.43 5.96 75 6.60 6.14 76 6.78 6.33 77 6.95 6.52 78 7.13 6.71 79 7.31 6.92 80 7.49 7.12 TRANSLATION OF ADJUSTED AGE Calendar Year in Which First Payment is Due Adjusted Age ---------------------- ------------------ Prior to 2010 Actual Age 2010 Through 2019 Actual Age minus 1 2020 Through 2029 Actual Age minus 2 2030 Through 2039 Actual Age minus 3 2040 Through 2049 Actual Age minus 4 2050 Through 2059 Actual Age minus 5 2060 Through 2069 Actual Age minus 6 2070 Through 2079 Actual Age minus 7 2080 Through 2089 Actual Age minus 8 2090 Through 2099 Actual Age minus 9 MVA-2002 NY INDIVIDUAL MULTIPLE PURCHASE PAYMENT MODIFIED GUARANTEED DEFERRED ANNUITY CONTRACT NON-PARTICIPATING MVA-2002 NY

ANNUITY SETTLEMENT TABLES. Tables 1 and 2 below are applied to the Adjusted Contract Value to compute the minimum amount of the annuity payment. Table 1 is used to compute the minimum annuity payment under Option 1 (Fixed Period Annuity Option). Table 2 is used to compute the minimum annuity payment under Option 2 (Life Income Annuity Option). The rates in Tables 1 and 2 are applied per $1000 of Adjusted Contract Value as applicableValue. The annuity payments in Table 2 are based on the Annuitant's Adjusted Age and sex. The Adjusted Age is the Annuitant's age last birthday prior to the date on which the first Annuity payment is due, adjusted as shown in the "Translation of Adjusted Age" Table. When we computed the amounts shown in Table 2 2, we adjusted the Annuity 2000 Mortality Table to an age last birthday basis, less two years, with projected mortality improvements (modified Scale G). We used , and an interest rate of 3% per year. We will calculate annuity payments annuities for other certain periods using the same interest and mortality assumptions as in Table 2. VDCA-2000-NY Page 15 ---------------------- Table 1 Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. ---------------------- Number Monthly of Years Monthly Payment --------------- --------------- ---------------------- 10 9.61 11 8.86 12 8.24 13 7.71 14 7.26 15 6.87 16 6.53 17 6.23 18 5.96 19 5.73 20 5.51 21 5.32 22 5.15 23 4.99 24 4.84 25 4.71 MVA-2002 NY 16 TABLE 2 ---------------------- Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. ---------------------- ----------------------------- Table 2 ----------------------------- Adjusted Age Male Female -------- ----- ------ ----------------------------- 41 $3.40 $3.25 42 3.44 3.29 43 3.48 3.32 44 3.53 3.35 45 3.57 3.39 46 3.62 3.43 47 3.67 3.47 48 3.72 3.51 49 3.77 3.56 50 3.83 3.61 51 3.88 3.66 52 3.95 3.71 53 4.01 3.76 54 4.08 3.82 55 4.15 3.88 56 4.22 3.94 57 4.30 4.01 58 4.38 4.08 59 4.47 4.16 60 4.56 4.24 61 4.66 4.32 62 4.76 4.41 63 4.87 4.50 64 4.98 4.60 65 5.10 4.71 66 5.23 4.82 67 5.36 4.94 68 5.49 5.06 69 5.64 5.19 70 5.78 5.33 71 5.94 5.48 72 6.10 5.63 73 6.26 5.79 74 6.43 5.96 75 6.60 6.14 76 6.78 6.33 77 6.95 6.52 78 7.13 6.71 79 7.31 6.92 80 7.49 7.12 ----------------------------- TRANSLATION OF ADJUSTED AGE Calendar Year in Which First Payment is Due Adjusted Age ---------------------- ------------------ ------------ Prior to 2010 Actual Age 2010 Through 2019 Actual Age minus 1 2020 Through 2029 Actual Age minus 2 2030 Through 2039 Actual Age minus 3 2040 Through 2049 Actual Age minus 4 2050 Through 2059 Actual Age minus 5 2060 Through 2069 Actual Age minus 6 2070 Through 2079 Actual Age minus 7 2080 Through 2089 Actual Age minus 8 2090 Through 2099 Actual Age minus 9 MVA-2002 VDCA-2000-NY Page 16 INDIVIDUAL MULTIPLE PURCHASE PAYMENT MODIFIED GUARANTEED FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT CONTRACT. NON-PARTICIPATING MVA-2002 NYPARTICIPATING. ANNUITY PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT.

ANNUITY SETTLEMENT TABLES. Tables 1 and 2 below are applied to the Adjusted Contract Value to compute the minimum amount of the annuity payment. Table 1 is used to compute the minimum annuity payment under Option 1 (Fixed Period Annuity Option). Table 2 is used to compute the minimum annuity payment under Option 2 (Life Income Annuity Option). The rates in Tables 1 and 2 are applied per $1000 of Adjusted Contract Value as applicableValue. The annuity payments in Table 2 are based on the Annuitant's Adjusted Age and sex. The Adjusted Age is the Annuitant's age last birthday prior to the date on which the first Annuity payment is due, adjusted as shown in the "Translation of Adjusted Age" Table. When we computed the amounts shown in Table 2 2, we adjusted the Annuity 2000 Mortality Table to an age last birthday basis, less two years, with projected mortality improvements (modified Scale G). We used , and an interest rate of 3% per year. We will calculate annuity payments annuities for other certain periods using the same interest and mortality assumptions as in Table 2. VBON-2000--NY Page 15 ------------------------------- Table 1 Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. ------------------------------- Number Monthly of Years Monthly Payment --------------- --------------- ------------------------------- 10 9.61 11 8.86 12 8.24 13 7.71 14 7.26 15 6.87 16 6.53 17 6.23 18 5.96 19 5.73 20 5.51 21 5.32 22 5.15 23 4.99 24 4.84 25 4.71 MVA-2002 NY 16 TABLE 2 ------------------------------- Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. ------------------------------- -------------------------------------- Table 2 -------------------------------------- Adjusted Age Male Female -------- ----- ------ -------------------------------------- 41 $3.40 $3.25 42 3.44 3.29 43 3.48 3.32 44 3.53 3.35 45 3.57 3.39 46 3.62 3.43 47 3.67 3.47 48 3.72 3.51 49 3.77 3.56 50 3.83 3.61 51 3.88 3.66 52 3.95 3.71 53 4.01 3.76 54 4.08 3.82 55 4.15 3.88 56 4.22 3.94 57 4.30 4.01 58 4.38 4.08 59 4.47 4.16 60 4.56 4.24 61 4.66 4.32 62 4.76 4.41 63 4.87 4.50 64 4.98 4.60 65 5.10 4.71 66 5.23 4.82 67 5.36 4.94 68 5.49 5.06 69 5.64 5.19 70 5.78 5.33 71 5.94 5.48 72 6.10 5.63 73 6.26 5.79 74 6.43 5.96 75 6.60 6.14 76 6.78 6.33 77 6.95 6.52 78 7.13 6.71 79 7.31 6.92 80 7.49 7.12 -------------------------------------- TRANSLATION OF ADJUSTED AGE Calendar Year in Which First Payment is Due Adjusted Age ---------------------- ------------------ -------------------- ------------ Prior to 2010 Actual Age 2010 Through 2019 Actual Age minus 1 2020 Through 2029 Actual Age minus 2 2030 Through 2039 Actual Age minus 3 2040 Through 2049 Actual Age minus 4 2050 Through 2059 Actual Age minus 5 2060 Through 2069 Actual Age minus 6 2070 Through 2079 Actual Age minus 7 2080 Through 2089 Actual Age minus 8 2090 Through 2099 Actual Age minus 9 MVA-2002 NY VBON-2000--NY Page 16 INDIVIDUAL MULTIPLE PURCHASE PAYMENT MODIFIED GUARANTEED FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT CONTRACT. NON-PARTICIPATING MVA-2002 NYPARTICIPATING. ANNUITY PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT.

ANNUITY SETTLEMENT TABLES. Tables 1 and 2 below are applied to the Adjusted Contract Value to compute the minimum amount of the annuity payment. Table 1 is used to compute the minimum annuity payment under Option 1 (Fixed Period Annuity Option). Table 2 is used to compute the minimum annuity payment under Option 2 (Life Income Annuity Option). The rates in Tables 1 and 2 are applied per $1000 of Adjusted Contract Value as applicable. The annuity payments in Table 2 are based on the Annuitant's Adjusted Age and sex. The Adjusted Age is the Annuitant's age last birthday prior to the date on which the first Annuity payment is due, adjusted as shown in the "Translation of Adjusted Age" Table. When we computed the amounts shown in Table 2 we adjusted the Annuity 2000 Mortality Table to an age last birthday basis, less two years, with projected mortality improvements (modified Scale G). We used an interest rate of 3% per year. We will calculate annuity payments for other certain periods using the same interest and mortality assumptions as in Table 2. Table 1 Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. Number of Years Monthly Payment --------------- --------------- 10 9.61 11 8.86 12 8.24 13 7.71 14 7.26 15 6.87 16 6.53 17 6.23 18 5.96 19 5.73 20 5.51 21 5.32 22 5.15 23 4.99 24 4.84 25 4.71 MVA-2002 NY 16 TABLE 2 Multiply the monthly amount by 2.993 for quarterly, 5.963 for semi-annual or 11.839 for annual payments. Adjusted Age Male Female -------- ----- ------ 41 $3.40 $3.25 42 3.44 3.29 43 3.48 3.32 44 3.53 3.35 45 3.57 3.39 46 3.62 3.43 47 3.67 3.47 48 3.72 3.51 49 3.77 3.56 50 3.83 3.61 51 3.88 3.66 52 3.95 3.71 53 4.01 3.76 54 4.08 3.82 55 4.15 3.88 56 4.22 3.94 57 4.30 4.01 58 4.38 4.08 59 4.47 4.16 60 4.56 4.24 61 4.66 4.32 62 4.76 4.41 63 4.87 4.50 64 4.98 4.60 65 5.10 4.71 66 5.23 4.82 67 5.36 4.94 68 5.49 5.06 69 5.64 5.19 71 5.94 5.48 72 6.10 5.63 73 6.26 5.79 74 6.43 5.96 75 6.60 6.14 76 6.78 6.33 77 6.95 6.52 78 7.13 6.71 79 7.31 6.92 80 7.49 7.12 TRANSLATION OF ADJUSTED AGE Calendar Year in Which First Payment is Due Adjusted Age ---------------------- ------------------ Prior to 2010 Actual Age 2010 Through 2019 Actual Age minus 1 2020 Through 2029 Actual Age minus 2 2030 Through 2039 Actual Age minus 3 2040 Through 2049 Actual Age minus 4 2050 Through 2059 Actual Age minus 5 2060 Through 2069 Actual Age minus 6 2070 Through 2079 Actual Age minus 7 2080 Through 2089 Actual Age minus 8 2090 Through 2099 Actual Age minus 9 MVA-2002 NY INDIVIDUAL MULTIPLE PURCHASE PAYMENT MODIFIED GUARANTEED DEFERRED ANNUITY CONTRACT NON-PARTICIPATING MVA-2002 NY7.12