Amount of Payouts. after the First (A) is 1/1.025^(1/365) raised to a power equal to the number of days in the current Valuation Period; and (B) is the Accumulation Unit value of the same Sub-Account for this Valuation Period divided by the Accumulation Unit value of the same Sub-Account for the immediately preceding Valuation Period. The Company guarantees that the dollar amount of each payout after the first will not be affected by variations in expenses or mortality experience.
Appears in 3 contracts
Samples: Annuity Contract (Variable Annuity-2 Series Account), Annuity Contract (Variable Annuity 1 Series Account), Annuity Contract (Variable Annuity-2 Series Account)
Amount of Payouts. after the First
(A) is 1/1.025^(1/365) raised [1/1.025^(1/365)raised to a power equal to the number of days in the current Valuation Period; and
(B) is the Accumulation Unit value of the same Sub-Account for this Valuation Period divided by the Accumulation Unit value of the same Sub-Account for the immediately preceding Valuation Period. The Company Great-West guarantees that the dollar amount of each payout after the first will not be affected by variations in expenses or mortality experience.
Appears in 1 contract
Samples: Individual Flexible Premium Variable Annuity (Varifund Variable Annuity Account)
Amount of Payouts. after the First
(A) is 1/1.025^(1/365) raised to a power equal to the number of days in the current Valuation Period; and
(B) is the Accumulation Unit value of the same Sub-Account for this Valuation Period divided by the Accumulation Unit value of the same Sub-Account for the immediately preceding Valuation Period. The Company Great-West guarantees that the dollar amount of each payout after the first will not be affected by variations in expenses or mortality experience.
Appears in 1 contract
Amount of Payouts. after the First
(A) is 1/1.025^(1/365) raised to a power equal to the number of days in the current Valuation Period; and
(B) is the Accumulation Unit value of the same Sub-Account for this Valuation Period divided by the Accumulation Unit value of the same Sub-Account for the immediately preceding Valuation Period. The Company First Great-West guarantees that the dollar amount of each payout after the first will not be affected by variations in expenses or mortality experience.
Appears in 1 contract
Samples: Individual Flexible Premium Variable Annuity (Variable Annuity-2 Series Account)
