Annuity Unit Value - Separate Account. For any Valuation Date, an annuity unit value is equal to: (a) The value for the previous Valuation Date; multiplied by (b) The annuity net return factor(s) (see Section V - Net Return Factor(s) - Separate Account) for the Valuation Date; multiplied by (c) A factor to reflect the AIR (see Schedule - Annuity Period). The annuity unit value and Annuity Payment amount may go up or down due to investment gain or loss.
Appears in 2 contracts
Samples: Insurance Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
Annuity Unit Value - Separate Account. For any Valuation Date, an annuity unit value is equal to:
(a) The value for the previous Valuation Date; multiplied by
(b) The annuity net return factor(s) (see Section V - Net Return Factor(s) - Separate Account) for the Valuation Date; multiplied by
(c) A factor to reflect the AIR (see Schedule - Annuity Period). The annuity unit value and the amount of Annuity Payment amount Payments may go up or down due to investment gain or loss.
Appears in 1 contract
Samples: Group Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
Annuity Unit Value - Separate Account. For any Valuation Date, Date an annuity unit value is equal to:
(a) The value for the previous Valuation Date; multiplied by
(b) The annuity net return factor(s) (see Section V - Net Return Factor(s) - Separate Account) for the Valuation Date; multiplied by
(c) A factor to reflect the AIR (see Schedule - Annuity Period). The annuity unit value and the amount of Annuity Payment amount Payments may go up or down due to investment gain or loss.
Appears in 1 contract
Samples: Variable Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
