SEPARATE ACCT NO 49 OF THE EQUIT LIFE ASSU SOCI OF THE U S
485BPOS, 2000-08-31
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                                                    Registration No. 333-31131
                                                    Registration No. 811-07659
-------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                       -----------------------------------

                                    FORM N-4

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933                    | |


           Pre-Effective Amendment No.                                     | |
                                       ----
                                                                           |X|

           Post-Effective Amendment No.  9
                                       ----

                                     AND/OR



REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940            | |



                                                                           |X|
           Amendment No.  37
                         ----

                        (Check appropriate box or boxes)
                        --------------------------------


                               SEPARATE ACCOUNT 49
                                       of
            THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
                           (Exact Name of Registrant)
                           --------------------------


            THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
                               (Name of Depositor)
              1290 Avenue of the Americas, New York, New York 10104
              (Address of Depositor's Principal Executive Offices)


        Depositor's Telephone Number, including Area Code: (212) 554-1234
                          ----------------------------



                                   DODIE KENT
                      ASSISTANT VICE PRESIDENT AND COUNSEL


            The Equitable Life Assurance Society of the United States
              1290 Avenue of the Americas, New York, New York 10104
                   (Names and Addresses of Agents for Service)
                        --------------------------------


                  Please send copies of all communications to:
                            PETER E. PANARITES, ESQ.
                         Freedman, Levy, Kroll & Simonds
                    1050 Connecticut Avenue, N.W., Suite 825
                             Washington, D.C. 20036
                        ---------------------------------


<PAGE>


         Approximate Date of Proposed Public Offering:  Continuous

         It is proposed that this filing will become effective (check
appropriate box):

| |     Immediately upon filing pursuant to paragraph (b) of Rule 485.

|X|     On September 1, 2000 pursuant to paragraph (b) of Rule 485.

| |     60 days after filing pursuant to paragraph (a)(1) of Rule 485.

| |     On (date) pursuant to paragraph (a)(1) of Rule 485.

| |     75 days after filing pursuant to paragraph (a)(2) of Rule 485.

| |     On (date) pursuant to paragraph (a)(3) of Rule 485.

If appropriate, check the following box:

| |     This post-effective amendment designates a new effective date for
        previously filed post-effective amendment.
                        ---------------------------------

         Title of Securities Being Registered:

               Units of interest in Separate Account under variable annuity
               contracts.


<PAGE>


                                      NOTE


This Post Effective Amendment No. 9 ("PEA") to the Form N-4 Registration
Statement No. 333-31131 ("Registration Statement") of The Equitable Life
Assurance Society of the United States ("Equitable Life") and its Separate
Account 49 is being filed solely for the purpose of including in the
Registration Statement the additions/modifications reflected in the supplement.
The PEA does not amend or delete the Accumulator Select Prospectuses or
Statements of Additional Information, dated May 1, 2000, or any other part of
the Registration Statement except as specifically noted herein.

(Parts A, B and C of Post Effective Amendment No. 8 to the Form N-4 Registration
Statement (File No. 333-31131), filed with the Commission on April 26, 2000 are
incorporated by reference.)




<PAGE>


THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES -- SUPPLEMENT DATED
SEPTEMBER 1, 2000, TO THE CURRENT PROSPECTUSES, SUPPLEMENTS TO PROSPECTUSES AND
STATEMENTS OF ADDITIONAL INFORMATION ("SAIS") FOR:

ACCUMULATOR                                                 ACCUMULATOR ADVISOR
ACCUMULATOR SELECT           ACCUMULATOR EXPRESS            ACCUMULATOR PLUS

-------------------------------------------------------------------------------

     This supplement modifies certain information in the above-referenced
prospectuses and SAIs, as supplemented to date (together, the "Prospectuses").
Unless otherwise indicated, all other information included in the Prospectuses
remains unchanged. The terms and section headings we use in this supplement have
the same meaning as in the Prospectuses.

1.   NEW VARIABLE INVESTMENT OPTIONS:

The following is added to each Prospectus under "Fee table":

A.   We anticipate making available the variable investment options described
     below on or about September 5, 2000, subject to regulatory approval.

<TABLE>
<CAPTION>
     ---------------------------------------------------------------------------------------------------------------
     VARIABLE         OBJECTIVE          INVESTMENT       MANAGEMENT       12B-1     OTHER           TOTAL ANNUAL
     INVESTMENT                          ADVISOR (1)      FEE(2)           FEE(3)    EXPENSES(4)     EXPENSES (5)
     OPTION                                                                          (AFTER
                                                                                     EXPENSE
                                                                                     LIMITATION)
     ---------------------------------------------------------------------------------------------------------------
     <S>              <C>                <C>              <C>              <C>       <C>             <C>
     EQ/JANUS LARGE   LONG-TERM          JANUS CAPITAL    0.90%            0.25%     0.00%           1.15%
     CAP GROWTH       GROWTH  IN A       CORPORATION
                      MANNER THAT IS
                      CONSISTENT WITH
                      PRESERVATION
                      OF CAPITAL

     ---------------------------------------------------------------------------------------------------------------
     FI MID CAP       LONG-TERM          FIDELITY         0.70%            0.25%     0.05%           1.00%
                      GROWTH OF          MANAGEMENT &
                      CAPITAL            RESEARCH
                                         COMPANY

     ---------------------------------------------------------------------------------------------------------------
     FI SMALL/MID     LONG-TERM          FIDELITY         0.75%            0.25%     0.10%           1.10%
     CAP VALUE        CAPITAL            MANAGEMENT &
                      APPRECIATION       RESEARCH
                                         COMPANY
     ---------------------------------------------------------------------------------------------------------------
</TABLE>

(1)  The investment results you achieve in any one of these variable investment
     options will depend on the investment performance of the corresponding
     Portfolio of the EQ Advisors Trust that shares the same name as that
     option. The advisor shown is the advisor who makes the investment decisions
     for the Portfolio.
(2)  The management fee for each portfolio cannot be increased without a vote of
     each portfolio's shareholders.
(3)  Portfolio shares are all subject to fees imposed under  the distribution
     plan (the "Rule 12b-1 Plan") adopted by EQ Advisors Trust pursuant to Rule
     12b-1 under the Investment Company Act of 1940. The 12b-1 fee will not be
     increased for the life of the contracts.
(4)  The amounts shown as "Other Expenses" will fluctuate from year to year
     depending on actual expenses. See footnote (5) for any expense limitation
     agreements.
(5)  Equitable Life, EQ Advisors Trust's manager, has entered into an Expense
     Limitation Agreement with respect to these Portfolios that will begin on or
     about September 1, 2000 and end on August 30, 2001. Under this agreement,
     Equitable Life has agreed to waive or limit its fees and assume other
     expenses of each of these Portfolios, if necessary, in an amount that
     limits each Portfolio's Total Annual Expenses (exclusive of interest,
     taxes, brokerage commissions, capitalized expenditures and extraordinary
     expenses) to not more than the amounts specified above under Total Annual
     Expenses. Other than the FI Small/Mid Cap Value, which expenses are
     expenses incurred for the year ended December 31, 1999, each of these
     Portfolios will commence operations on or about September 1, 2000 and we
     have estimated that absent the expense limitation, the "Other Expenses" for
     2000 on an annualized basis for each of the portfolios would be: .10% for
     EQ/Janus Large Cap Growth and .09% for FI Mid Cap. Absent the expense
     limitation with respect to the FI Small/Mid Cap Value, the "Other Expenses"
     for 1999 on an annualized basis would have been 0.24%. Each portfolio may

Accumulator EDI 128679
<PAGE>


     at a later date make a reimbursement to Equitable Life for any of the
     management fees waived or limited and other expenses assumed and paid by
     Equitable Life pursuant to the expense limitation agreement provided that,
     among other things, such portfolio has reached sufficient size to permit
     such reimbursement to be made and provided that the portfolio's current
     annual operating expenses do not exceed the operating expense limit
     determined for such portfolio. For more information, see the prospectus for
     EQ Advisors Trust.

B.   Examples with respect to the new variable investment options:

The examples below show the expenses that a hypothetical contract owner would
pay in the situations illustrated. We assume that a $1,000 contribution is
invested in one of the variable investment options listed and a 5% annual return
is earned on the assets in that option. Other than as indicated in the next
sentence, the charges used in the examples are the maximum aggregate charges
that can apply under any contract to which this Supplement relates.(1) The
annual administrative charge is based on the charges that apply to a mix of
estimated contract sizes, resulting in an estimated administrative charge for
the purpose of these examples of $0.14 per $1,000. Please note that the charges
that would apply under your contract may be lower if: (i) Your contract does not
have an annual administrative charge; or (ii) the current charges under your
contract are lower than the maximum charges used in the examples below.

These examples should not be considered a representation of past or future
expenses for each option. Actual expenses may be greater or less than those
shown. Similarly, the annual rate of return assumed in the examples is not an
estimate or guarantee of future investment performance.

<TABLE>
<CAPTION>
       IF YOU SURRENDER YOUR                1 YEAR            3  YEARS           5 YEARS         10 YEARS
       CONTRACT AT THE  END OF EACH
       PERIOD SHOWN THE EXPENSES
       WOULD BE:

       <S>                                  <C>               <C>                <C>              <C>
       EQ/Janus Large Cap Growth            $111.12           $165.25            $211.98          $357.40
       FI Mid Cap                            109.48            160.38             203.94           342.64
       FI Small/Mid Cap Value                110.58            163.63             209.31           352.50


       IF YOU DO NOT SURRENDER YOUR
       CONTRACT AT THE  END OF EACH
       PERIOD SHOWN THE EXPENSES
       WOULD BE:

       EQ/Janus Large Cap Growth            $ 31.12            $93.76            $168.32          $357.40
       FI Mid Cap                             29.48             93.09             160.64           342.64
       FI Small/Mid Cap Value                 30.58             96.20             165.77           352.50
</TABLE>

(1) The amount accumulated from the $1,000 contribution could not be paid in the
form of an annuity payout option at the end of any of the periods shown in the
examples. This is because if the amount applied to purchase an annuity payout
option is less than $2,000, or the initial payment is less than $20, we may pay
the amount to you in a single sum instead of payments under an annuity payout
option. See "Accessing your money."


2.   SUBSTITUTION OF THE ALLIANCE EQUITY INDEX VARIABLE INVESTMENT OPTION UNITS
     AND BT EQUITY 500 INDEX VARIABLE INVESTMENT OPTION:

Effective October 6, 2000, subject to regulatory approval, EQ Advisors Trust
will substitute shares of the Alliance Equity Index portfolio for shares of the
BT Equity 500 Index portfolio. The name of the Alliance Equity Index portfolio
(and variable investment option) will then be changed to "EQ Equity 500 Index"
(see below). Each of these portfolios follows a strategy of replicating the
performance of the S&P 500 Composite Index. Through the combination of these
portfolios, EQ Advisors Trust will realize economies of scale which can
potentially reduce operating expenses. Your account value will remain unchanged,




Accumulator EDI 128679
<PAGE>

as a result of this substitution. However, the unit values of the units of these
two variable investment options are different, and therefore, the number of EQ
Equity 500 Index option units that you will receive will be different than the
number of BT Equity 500 Index option units that you had.

The following information regarding the EQ Equity 500 Index portfolio and
variable investment option replaces the information in each prospectus regarding
the BT Equity 500 Index portfolio and variable investment option:

<TABLE>
<CAPTION>

     ---------------------------------------------------------------------------------------------------
     VARIABLE       INVESTMENT         MANAGEMENT        12B-1         OTHER           TOTAL ANNUAL
     INVESTMENT     ADVISOR (1)        FEE(2)            FEE(3)        EXPENSES(4)     EXPENSES
     OPTION

     ---------------------------------------------------------------------------------------------------
     <S>            <C>                <C>               <C>           <C>             <C>
     EQ  EQUITY     ALLIANCE CAPITAL   0.25%             0.25%         0.05%           0.55%
     500 INDEX      MANAGEMENT
     ---------------------------------------------------------------------------------------------------
</TABLE>

(1)  The investment results you achieve in the variable investment option will
     depend on the investment performance of the corresponding Portfolio of the
     EQ Advisors Trust that shares the same name as the option. The advisor
     shown is the advisor who makes the investment decisions for the Portfolio.
(2)  The management fee for the portfolio cannot be increased without a vote of
     each portfolio's shareholders.
(3)  Portfolio shares are all subject to fees imposed under  the distribution
     plan (the "Rule 12b-1 Plan") adopted by EQ Advisors Trust pursuant to Rule
     12b-1 under the Investment Company Act of 1940. The 12b-1 fee will not be
     increased for the life of the contracts.
(4)  Other Expenses shown are those incurred in 1999. The amounts shown as
     "Other Expenses" will fluctuate from year to year depending on actual
     expenses. Since the "Other Expenses" for the EQ Equity 500 Index are lower
     than they are for the BT Equity 500 Index, the expense examples in the "Fee
     Table" section of the prospectus reflect a higher level of expenses with
     respect to the account value allocated to the BT Equity 500 Index than will
     apply once the substitution is effective.


3.   VARIABLE INVESTMENT OPTION NAME CHANGES:

Effective October 6, 2000, the names of the variable investment options listed
below have been changed as indicated in order to reflect corresponding name
changes of the underlying EQ Advisors Trust portfolios:

     ---------------------------------------------------------------------------
     CURRENT NAME                              NEW NAME
     ---------------------------------------------------------------------------
     Alliance Equity Index (formerly named     EQ Equity 500 Index
     BT Equity 500 Index)
     ---------------------------------------------------------------------------
     BT International Equity Index             EQ International Equity Index
     ---------------------------------------------------------------------------
     BT Small Company Index                    EQ Small Company Index
     ---------------------------------------------------------------------------
All references to each of these variable investment options and portfolios in
the Prospectus are hereby changed to the appropriate new name.

4.   EQUITABLE DISTRIBUTORS, LLC TO BECOME PRINCIPAL UNDERWRITER.

It is anticipated that during the fourth quarter of 2000, Equitable
Distributors, LLC ("EDI, LLC") will become a successor by merger to all of the
functions, rights and obligations of Equitable Distributors, Inc. ("EDI"),
including the role of principal underwriter of Separate Account 49. Like EDI,
EDI, LLC is owned by Equitable Holdings, LLC. Accordingly, once the successor by
merger is complete, all references to the principal underwriter in each
prospectus should be replaced with Equitable Distributors, LLC.

APPLICABLE TO THE PROSPECTUS FOR ACCUMULATOR PLUS ONLY:


Accumulator EDI 128679
<PAGE>

5.   A. CORRECTION TO 15% FREE WITHDRAWAL AMOUNT:

The last paragraph under "Charges and expenses - 15% free withdrawal amount" is
deleted because NQ contracts may not be issued to charitable remainder trusts.

B.   REDUCTION OF INITIAL MINIMUM CONTRIBUTION AMOUNT

Effective on or about September 4, 2000, the initial minimum contribution is
reduced from $25,000 to $10,000. Therefore, effective September 4, 2000, all
references to the initial minimum contribution in the prospectus are changed to
$10,000.

APPLICABLE TO PROSPECTUSES FOR ACCUMULATOR AND ACCUMULATOR SELECT:

6.   SUBSEQUENT CONTRIBUTIONS TO SPECIAL DOLLAR COST AVERAGING PROGRAM: Subject
     to state availability, effective on or about November 1, 2000,
     contributions other than the initial contribution will be eligible for the
     special dollar cost averaging program, subject to our rules, which are
     described below. Therefore, effective November 1, 2000, the following
     replaces the "Special dollar cost averaging program" section in each
     Prospectus as indicated:

APPLICABLE TO THE PROSPECTUS FOR ACCUMULATOR:

SPECIAL DOLLAR COST AVERAGING PROGRAM. Subject to state availability, under the
special dollar cost averaging program, you may choose to allocate all or a
portion of any eligible contribution to the account for special dollar cost
averaging. You may elect to participate in the special dollar cost averaging
program at any time subject to the age limitation on contributions described in
Section 1 of this prospectus. Contributions into the account for special dollar
cost averaging may not be transfers from other investment options. Your initial
allocation to any special dollar cost averaging program time period must be at
least $2,000 and any subsequent contribution to that same time period must be at
least $250. You may only have one time period in effect at any time and once you
select a time period, you may not change it. After the first contract year, your
total contributions including those that are allocated to the special dollar
cost averaging program can not exceed 150% of your first year contributions to
the Accumulator contract. In Pennsylvania we refer to this program as "enhanced
rate dollar cost averaging."

You may have your account value transferred to any of the variable investment
options. We will transfer amounts from the account for special dollar cost
averaging into the variable investment options over an available time period
that you select. We offer time periods of 6, 12, or 18 months. Each time period
has a different interest rate. We may also offer other time periods. Your
registered representative can provide information on the time periods and
interest rates currently available in your state, or you may contact our
processing office. If the special dollar cost averaging program is selected at
the time of application to purchase the Accumulator contract, a 90 day rate lock
will apply from the date of application. Any contribution(s) received during
this 90 day period will be credited with the interest rate offered on the date
of application for the remainder of the time period selected at application. Any
contribution(s) received after the 90 day rate lock period has ended will be
credited with the then current interest rate for the remainder of the time
period selected at application. Contribution(s) made to a special dollar cost
averaging program selected after the Accumulator contract has been issued will
be credited with the then current interest rate on the date the contribution is
received by Equitable for the time period initially selected by you. Once the
time period you selected has run, you may then select another time period for
future contributions. At that time, you may also select a different allocation
for transfers to the variable investment options, or, if you wish, we will
continue to use the selection that you have previously made. Currently, your
account value will be transferred from the account for special dollar cost
averaging into the variable investment options on a monthly basis. We may offer
this program in the future with transfers on a different basis. We will transfer
all amounts out of the account for special dollar cost averaging by the end of
the chosen time period. The transfer date will be the same day of the month as
the contract date, but not later than the 28th day of the month.


Accumulator EDI 128679
<PAGE>


If you choose to allocate only a portion of an eligible contribution to the
account for special dollar cost averaging, the remaining balance of that
contribution will be allocated to the variable investment options or fixed
maturity options according to your instructions.

The only amounts that should be transferred from the account for special dollar
cost averaging are your regularly scheduled transfers to the variable investment
options. If you request to transfer or withdraw any other amounts from the
account for special dollar cost averaging, we will transfer all of the value
that you have remaining in the account for special dollar cost averaging to the
investment options according to the allocation percentages we have on file for
you. You may ask us to cancel your participation at any time.

In the state of Oregon where the account for special dollar cost averaging is
not available, we offer a special dollar cost averaging program in the Alliance
Money Market option for allocation of your eligible contributions (which may
include certain subsequent contributions). You must allocate your entire initial
contribution to this program. Under this program we will not deduct the
mortality and expense risks and administrative charges from assets in the
Alliance Money Market option.

APPLICABLE TO THE PROSPECTUS FOR ACCUMULATOR SELECT:

SPECIAL DOLLAR COST AVERAGING PROGRAM. Subject to state availability, you may
dollar cost average from the Alliance Money Market option into any of the other
variable investment options. You may elect to participate in the special dollar
cost averaging program at any time subject to the age limitation on
contributions described in Section 1 of this prospectus. Contributions into the
account for special dollar cost averaging may not be transfers from other
investment options. You must allocate your entire initial contribution into the
Alliance Money Market option if you are selecting the special dollar cost
averaging program at application to purchase an Accumulator Select contract;
thereafter your initial allocation to any special dollar cost averaging program
time period must be at least $2,000 and any subsequent contribution to that same
time period must be at least $250. You may only have one time period in effect
at any time. After the first contract year, your total contributions including
those that are allocated to the special dollar cost averaging program can not
exceed 150% of your first year contributions to the Accumulator Select contract.
We will transfer your value in the Alliance Money Market option into the other
variable investment options that you select over the next 12 months or such
other period we may offer. Once the time period then in effect has run, you may
then select to participate in the dollar cost averaging program for an
additional time period. At that time, you may also select a different allocation
for transfers to the variable investment options, or, if you wish, we will
continue to use the selection that you have previously made. Currently, the
transfer date will be the same day of the month as the contract date, but not
later than the 28th. All amounts will be transferred out by the end of the time
period then in effect. Under this program we will not deduct the mortality and
expense risks, administrative, and distribution charges from assets in the
Alliance Money Market option.

You may not transfer amounts to the Alliance Money Market option that is not
part of the special dollar cost averaging program. The only amounts that should
be transferred from the Alliance Money Market option are your regularly
scheduled transfers to the other variable investment options. If you request to
transfer or withdraw any other amounts from the Money Market option, we will
transfer all of the value that you have remaining in the account for special
dollar cost averaging to the investment options according to the allocation
percentages we have on file for you. You may ask us to cancel your participation
at any time.


Accumulator EDI 128679



<PAGE>


                                   SIGNATURES



         As required by the Securities Act of 1933 and the Investment Company
Act of 1940, the Registrant certifies that it meets the requirements of
Securities Act Rule 485(b) for the effectiveness of this amendment to the
Registration Statement and has duly caused this amendment to the Registration
Statement to be signed on its behalf, in the City and State of New York, on the
30th day of August, 2000.




                                          SEPARATE ACCOUNT 49 OF
                                          THE EQUITABLE LIFE ASSURANCE SOCIETY
                                          OF THE UNITED STATES
                                          (Registrant)

                                          By:    The Equitable Life Assurance
                                                 Society of the United States


                                          By:  /s/ Naomi J. Weinstein
                                               -------------------------
                                                   Naomi J. Weinstein
                                                   Vice President
                                                   The Equitable Life Assurance
                                                   Society of the United States


                                      C-2


<PAGE>


                                   SIGNATURES



         As required by the Securities Act of 1933 and the Investment Company
Act of 1940, the Depositor has duly caused this amendment to the Registration
Statement to be signed on its behalf, in the City and State of New York,
on the 30th day of August, 2000.


                                           THE EQUITABLE LIFE ASSURANCE SOCIETY
                                                  OF THE UNITED STATES
                                                       (Depositor)


                                           By: /s/ Naomi J. Weinstein
                                               ------------------------
                                                   Naomi J. Weinstein
                                                   Vice President
                                                   The Equitable Life Assurance
                                                   Society of the United States


         As required by the Securities Act of 1933, this amendment to the
Registration Statement has been signed by the following persons in the
capacities and on the date indicated:


PRINCIPAL EXECUTIVE OFFICERS:

*Michael Hegarty                           President, Chief Operating Officer
                                           and Director

*Edward D. Miller                          Chairman of the Board,
                                           Chief Executive Officer and Director

PRINCIPAL FINANCIAL OFFICER:

*Stanley B. Tulin                          Vice Chairman of the Board,
                                           Chief Financial Officer and Director

PRINCIPAL ACCOUNTING OFFICER:

*Alvin H. Fenichel                         Senior Vice President and Controller


*DIRECTORS:

Francoise Colloc'h        Donald J. Greene            George T. Lowy
Henri de Castries         John T. Hartley             Edward D. Miller
Joseph L. Dionne          John H.F. Haskell, Jr.      Didier Pineau-Valencienne
Denis Duverne             Michael Hegarty             George J. Sella, Jr.
Jean-Rene Fourtou         Mary R. (Nina) Henderson    Peter J. Tobin
Norman C. Francis         W. Edwin Jarmain            Stanley B. Tulin
                                                      Dave H. Williams





*By: /s/ Naomi J. Weinstein
    -------------------------
        Naomi J. Weinstein
        Attorney-in-Fact
        August 30, 2000



                                       C-3


<PAGE>




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