AETNA LIFE INSURANCE AND ANNUITY COMPANY. By /s/ Xxxxxxx Xxxxxxxx --------------------------- Name Xxxxxxx Xxxxxxxx
AETNA LIFE INSURANCE AND ANNUITY COMPANY. The Required Balance with respect to the Policies and Post-Closing Policies issued by ALIAC as of any date shall be computed as the excess of (a) all liabilities listed below with respect to such Policies and Post-Closing Policies, determined under Connecticut SAP as of such date, over (b) the aggregate amount of the policy loans (including accrued interest thereon) under such Policies and Post-Closing Policies, determined under Connecticut SAP as of such date.
AETNA LIFE INSURANCE AND ANNUITY COMPANY. ALIAC's Closing Date Liabilities shall consist of all liabilities listed below with respect to the Policies issued by ALIAC, determined as of 11:59 p.m. Eastern Time on the day immediately preceding the Effective Date in accordance with Connecticut SAP.
AETNA LIFE INSURANCE AND ANNUITY COMPANY. Attest: By: _____________________________ ----------------------------- (Title) ------------------------------- Xxxx Xxxxx Management, Inc.
AETNA LIFE INSURANCE AND ANNUITY COMPANY. ENDORSEMENT This Contract is hereby endorsed to add the following new provisions to the end of Section 6.02 - Surrender Fee: No Surrender Fee is deducted from any portion of the Individual Account which is paid: On and after the tenth anniversary of the Effective Date of the Individual Account; When the Individual Account Cash Value is $2,500 or less and no surrenders have been taken from the Individual Account within the prior 12 months. If there is more than one Individual Account under the Contract for a Participant, then this provision will only apply when the total in all of the Participant's Individual Accounts is $2,500 or less; or In an amount equal to or less than 10% of the current Individual Account Cash Value, as part of the first partial surrender request in a calendar year to a 403(b) Participant who is at least age 59 1/2 and less than age 70 1/2. The Individual Account Cash Value is calculated as of the date the partial surrender request is received in good order at Aetna's Home Office. Any outstanding loans from the Participant's Individual Account are excluded when calculating the Individual Account Cash Value. This provision does not apply to partial surrenders due to loan defaults made from Individual Account Values and does not apply to full surrender requests. Endorsed and made a part of this Contract on May 1, 1989 or the Effective Date of the Contract whichever is later. /s/ Xxxx X. Xxxxxx President Aetna Life Insurance and Annuity Company EGSF-HI Aetna Life Insurance and Annuity Company ENDORSEMENT This Contract is hereby endorsed as follow: Add the following condition under the Contract entitled Deposit, Reserve and Surrender Provisions as follows:
AETNA LIFE INSURANCE AND ANNUITY COMPANY. By its authorized Officer,
AETNA LIFE INSURANCE AND ANNUITY COMPANY. TRANSFER CREDIT ENDORSEMENT
AETNA LIFE INSURANCE AND ANNUITY COMPANY. ENDORSEMENT The Contract is hereby endorsed as follows: The following Section under GENERAL PROVISIONS is amended as follows: The following paragraph is added to the end of Control of Contract and Individual Accounts or Data to be furnished Aetna, as applicable: Any payment(s) made under this Contract to other than the Contract Owner must be in compliance with the provisions of the Retirement Equity Act of 1984 (REA). At the time payment is requested or an Annuity Option is elected by the Contract Owner, Aetna will require the Contract Owner to certify the payment option is elected in compliance with REA. In the absence of such certification, payment will be made to the Contract Owner. For Designation of Beneficiary the current provision is deleted and replaced with the following: The beneficiary shall be the Contract Owner. The following condition is added to the RETIREMENT ANNUITY PROVISIONS or the ANNUITY PROVISIONS of the Contract as follows: The Contract Owner may tell Aetna, on behalf of a Participant, to pay all or any portion of the Participant's value in the Contract (minus any premium tax) as a premium for an Annuity Option.
AETNA LIFE INSURANCE AND ANNUITY COMPANY. ENDORSEMENT This Contract is endorsed to provide the following: On the tenth anniversary of the effective date of this Contract any termination or surrender fee which may apply shall be 0%. Endorsed and made a part of this Contract on July 1, 1985. /s/ Xxxxxxx X. Xxxxxx President Aetna Life Insurance and Annuity Company ENDORSEMENT This Contract is hereby endorsed to include the following new provisions: During any calendar year, Aetna may be told to change the investment mix twelve times. Should Aetna allow additional changes, each may be subject to a fee of up to $10. Twelve transfers of Current Value (excluding transfers from the GA Account at the end of a Guaranteed Term) can be made during a calendar year period. Should Aetna allow additional transfers, each may be subject to a fee of up to $10. Endorsed and made a part of this Contract effective May 1, 1989. /s/ Xxxx X. Xxxxxx President Aetna Life Insurance and Annuity Company Aetna Life Insurance and Annuity Company ENDORSEMENT This Contract is hereby endorsed as follows: The definition of Separate Account under the Definition of Certain Terms or General Definitions section of the contract is hereby amended to read as follows:
AETNA LIFE INSURANCE AND ANNUITY COMPANY. TRANSFER CREDIT ENDORSEMENT The Contract is hereby endorsed as follows: Add the following statement to the end of Section 3.02 entitled Net Contribution(s): Transferred Assets are the value of prior contributions into an existing Plan which are deposited into this Contract as of the date the amount is received in good order by Aetna. Transferred Assets, less any premium tax, will be allocated to Participant Individual Accounts in amounts authorized by the Participant. Where Aetna is the exclusive 403(b) Plan provider, Aetna will apply a Transfer Credit equal to [2%] of Transferred Assets deposited into the Contract and allocated to Individual Accounts. The Transfer Credit amount is calculated as of the one year anniversary of a Participant's first Net Contribution to the Contract. The calculation for any Transfer Credit amount will be based on the total amount of Transferred Assets remaining in Individual Accounts as of the calculation date. The Transfer Credit amount will be allocated to the Fixed Plus Account. The amount will include the Transfer Credit plus any interest that would have accrued had the Transfer Credit actually been deposited into the Fixed Plus Account on the first business day of the calendar month following it's calculation. Transfer Credit will not be applied to assets transferred into the Contract from existing Aetna Contracts. Only Net Contributions not previously held by Aetna Life Insurance and Annuity Company are eligible for Transfer Credit. Endorsed and made a part of the Contract on the effective date of the Contract.
