VARIABLE ANNUITY ACCT C OF AETNA LIFE INSURANCE & ANNUITY CO
485BPOS, 1996-06-21
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As filed with the Securities and Exchange            Registration No. 33-91846*

Commission on June 21, 1996                           Registration No. 811-2513

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

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-4

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

                        POST-EFFECTIVE AMENDMENT NO. 5 TO
             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

                                and Amendment To

         REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

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

     Variable Annuity Account C of Aetna Life Insurance and Annuity Company
                           (Exact Name of Registrant)

                    Aetna Life Insurance and Annuity Company
                               (Name of Depositor)

            151 Farmington Avenue, RE4C, Hartford, Connecticut 06156
         (Address of Depositor's Principal Executive Offices) (Zip Code)

        Depositor's Telephone Number, including Area Code: (860) 273-7834

                            Susan E. Bryant, Counsel
                    Aetna Life Insurance and Annuity Company
            151 Farmington Avenue, RE4C, Hartford, Connecticut 06156
                     (Name and Address of Agent for Service)

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

It is proposed that this filing will become effective (Check appropriate space):

        X         immediately upon filing pursuant to paragraph (b) of Rule 485
     --------
                  on _____________ pursuant to paragraph (b) of Rule 485
     --------

Pursuant to Rule 24f-2 under the Investment Company Act of 1940, Registrant has
registered an indefinite number of securities under the Securities Act of 1933.
Registrant filed a Rule 24f-2 Notice for the fiscal year ended December 31, 1995
on February 29, 1996.

*Pursuant to Rule 429(a) under the Securities Act of 1933, Registrant has
included a combined prospectus under this Registration Statement which includes
all the information which would currently be required in a prospectus relating
to the securities covered by the following earlier Registration Statement:
33-75976.


<PAGE>




                           VARIABLE ANNUITY ACCOUNT C
                              CROSS REFERENCE SHEET



<TABLE>
<CAPTION>
  Form N-4                                                        Location - Prospectus dated May 1,
  --------                                                        ----------------------------------
  Item No.                                                          1996, as amended by Supplement
  --------                                                          ------------------------------
                                                                           dated June 21, 1996
                                                                           -------------------
  Part A
  ------
(Prospectus)
- ------------

<S>        <C>                                                    <C>
    1      Cover Page...........................................  Cover Page

    2      Definitions..........................................  Definitions

    3      Synopsis or Highlights...............................  Prospectus Summary; Fee Table and
                                                                  as amended

    4      Condensed Financial Information......................  Condensed Financial Information

    5      General Description of Registrant, Depositor, and
           Portfolio Companies..................................  The Company; Variable Annuity
                                                                  Account C; The Funds

    6      Deductions and Expenses..............................  Charges and Deductions; Distribution

    7      General Description of Variable Annuity Contracts....
                                                                  Purchase; Miscellaneous

    8      Annuity Period.......................................  Annuity Period

    9      Death Benefit........................................  Death Benefit During Accumulation
                                                                  Period; Death Benefit Payable
                                                                  During the Annuity Period

   10      Purchases and Contract Value.........................  Purchase; Contract Valuation

   11      Redemptions..........................................  Right to Cancel; Withdrawals

   12      Taxes................................................  Tax Status


<PAGE>

   13      Legal Proceedings....................................  Miscellaneous - Legal Matters and
                                                                  Proceedings

   14      Table of Contents of the Statement of Additional
           Information..........................................  Contents of the Statement of
                                                                  Additional Information
</TABLE>


<TABLE>
<CAPTION>
 Form N-4
 --------
 Item No.       Part B (Statement of Additional                          Location
 --------       -------------------------------                          --------
                          Information)
                          ------------

   <S>     <C>                                                    <C>
   15      Cover Page...........................................  Cover page

   16      Table of Contents....................................  Table of Contents

   17      General Information and History......................  General Information and History

   18      Services.............................................  General Information and History;
                                                                  Independent Auditors

   19      Purchase of Securities Being Offered.................  Offering and Purchase of Contracts

   20      Underwriters.........................................  Offering and Purchase of Contracts

   21      Calculation of Performance Data......................  Performance Data; Average Annual
                                                                  Total Return Quotations

   22      Annuity Payments.....................................  Annuity Payments

   23      Financial Statements.................................  Financial Statements
</TABLE>

                                   Part C (Other Information)
                                   --------------------------

Information required to be included in Part C is set forth under the appropriate
item, so numbered, in Part C to this Registration Statement.


<PAGE>


                           VARIABLE ANNUITY ACCOUNT C
                    Aetna Life Insurance and Annuity Company

       Supplement dated June 21, 1996 to the Prospectus dated May 1, 1996

             Group Deferred Variable Annuity Contracts for use with
            Optional Retirement Programs (Section 403(b) and 401(a))

At a June 17, 1996 Special Meeting of the shareholders of Aetna Variable Fund,
Aetna Income Shares, Aetna Investment Advisers Fund, Inc., Aetna Ascent Variable
Portfolio, Aetna Crossroads Variable Portfolio and Aetna Legacy Variable
Portfolio ("Funds"), shareholders of the respective Funds approved a proposal to
increase the advisory fees for each of the Funds effective August 1, 1996.
Therefore, this supplement amends the information contained in the May 1, 1996
Prospectus (the "Prospectus"), as described below.

(bullet)  The following table modifies the information contained under "Annual
          Expenses of the Funds" on page Fee Table - 1 of the Prospectus to
          reflect increases in advisory fees of the respective Funds effective
          August 1, 1996 as if the increases had been in effect for the year
          ended December 31, 1996. The other investment options are not affected
          by this change.

<TABLE>
<CAPTION>
                                               Investment                                     Total Fund
                                              Advisory Fees        Other Expenses*          Annual Expenses

<S>                                               <C>                   <C>                   <C>
Aetna Variable Fund                               0.50%                 0.06%                 0.56%
Aetna Income Shares                               0.40%                 0.08%                 0.48%
Aetna Investment Advisers Fund, Inc.              0.50%                 0.08%                 0.58%
Aetna Ascent Variable Portfolio                   0.60%                 0.15%                 0.75%
Aetna Crossroads Variable Portfolio               0.60%                 0.15%                 0.75%
Aetna Legacy Variable Portfolio                   0.60%                 0.15%                 0.75%
</TABLE>

*         As of May 1, 1996, the Company provides administrative services to the
          Funds and assumes the Funds' ordinary recurring direct costs under an
          Administrative Services Agreement. The "Other Expenses" shown are not
          based on figures for the year ended December 31, 1995, but reflect the
          fee payable under this Agreement.

(bullet)  The following illustration applies to the Funds effective August 1,
          1996 to reflect the increases in the respective advisory fees and
          modifies the information found in the "Hypothetical Illustration
          (Example)" found on page Fee Table - 3 in the Prospectus:

<TABLE>
<CAPTION>
                                                1 year    3 years    5 years    10 years
                                                ------    -------    -------    --------
<S>                                               <C>        <C>       <C>        <C>
Aetna Variable Fund                               $20        $62       $106       $229
Aetna Income Shares                               $19        $59       $102       $220
Aetna Investment Advisers Fund, Inc.              $20        $62       $107       $231
Aetna Ascent Variable Portfolio                   $22        $67       $115       $248
Aetna Crossroads Variable Portfolio               $22        $67       $115       $248
Aetna Legacy Variable Portfolio                   $22        $67       $115       $248
</TABLE>


<PAGE>



(bullet)  The following information supplements the information found under
          "Investment Options-The Funds" with respect to the investment advisers
          found on page 3 in the Prospectus:

Effective August 1, 1996, Aeltus Investment Management, Inc. ("Aeltus") will
become the subadviser for the following Funds:

         Aetna Variable Fund
         Aetna Income Shares
         Aetna Variable Encore Fund(1)
         Aetna Investment Advisers Fund, Inc.
         Aetna Ascent Variable Portfolio
         Aetna Crossroads Variable Portfolio
         Aetna Legacy Variable Portfolio

(1)  It is currently expected that the proposal relating to the approval of
     Aeltus as a subadviser for the Aetna Variable Encore Fund will be submitted
     to shareholders at a meeting to be held on July 19, 1996. If approved, such
     proposal would be effective on August 6, 1996. (Refer to your Fund
     prospectus for further information.)
<PAGE>

                                  PARTS A AND B


The Prospectus and the Statement of Additional Information are incorporated into
Part A and Part B of this Post-Effective Amendment No. 5, respectively, by
reference to Post-Effective Amendment No. 3 to the Registration Statement on
Form N-4 (File No. 33-91846), as filed electronically on April 15, 1996.
<PAGE>




                           VARIABLE ANNUITY ACCOUNT C
                           PART C - OTHER INFORMATION

Item 24. Financial Statements and Exhibits
- ------------------------------------------
     (a) Financial Statements:

         (1)      Included in Part A:
                  Condensed Financial Information
         (2)      Included in Part B:
                  Financial Statements of Variable Annuity Account C:
                  -  Independent Auditors' Report 
                  -  Statement of Assets and Liabilities as of 
                     December 31, 1995 
                  -  Statement of Operations for the year ended 
                     December 31, 1995 
                  -  Statements of Changes in Net Assets for the years ended
                     December 31, 1995 and 1994
                  -  Notes to Financial Statements
                  Financial Statements of the Depositor:
                  -  Independent Auditors' Report
                  -  Consolidated Statements of Income for the years ended
                     December 31, 1995, 1994 and 1993 
                  -  Consolidated Balance Sheets as of December 31, 
                     1995 and 1994 
                  -  Consolidated Statements of Changes in Shareholder's 
                     Equity for the years ended December 31, 1995, 
                     1994 and 1993
                  -  Consolidated Statements of Cash Flows for the years ended
                     December 31, 1995, 1994 and 1993
                  -  Notes to Consolidated Financial Statements

     (b) Exhibits
         (1)      Resolution of the Board of Directors of Aetna Life Insurance
                  and Annuity Company establishing Variable Annuity Account C(1)
         (2)      Not applicable
         (3.1)    Form of Broker-Dealer Agreement(2)
         (3.2)    Alternative Form of Wholesale Agreement and Related Selling
                  Agreement(2)
         (4.1)    Form of Variable Annuity Contract (G-CDA-IB(ATORP)) (3)
         (4.2)    Form of Variable Annuity Contract and Certificate
                  (G-CDA-95(TORP) and (GTCC-95(TORP)) (3)
         (4.3)    Form of Variable Annuity Contract (G-CDA-IB(AORP)) (3)
         (4.4)    Form of Variable Annuity Contract and Certificate
                  (G-CDA-95(ORP) and (GTCC-95(ORP)) (3)
         (5)      Form of Variable Annuity Contract Application (300-MOP-IB) (4)
         (6)      Certification of Incorporation and By-Laws of Depositor(5)
         (7)      Not applicable
<PAGE>

         (8.1)    Fund Participation Agreement (Amended and Restated) between
                  Aetna Life Insurance and Annuity Company, Alger American Fund
                  and Fred Alger Management, Inc. dated March 31, 1995(2)
         (8.2)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Calvert Asset Management Company (Calvert
                  Responsibly Invested Balanced Portfolio, formerly Calvert
                  Socially Responsible Series) dated March 13, 1989 and amended
                  December 27, 1993(2)
         (8.3)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Fidelity Distributors Corporation
                  (Variable Insurance Products Fund) dated February 1, 1994
                  amended March 1, 1996(2)
         (8.4)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Fidelity Distributors Corporation
                  (Variable Insurance Products Fund II) dated February 1, 1994
                  and amended March 1, 1996(2)
         (8.5)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Franklin Advisers, Inc. dated January 31,
                  1989(2)
         (8.6)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Janus Aspen Series dated April 19, 1994
                  and amended March 1, 1996(2)
         (8.7)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Lexington Management Corporation regarding
                  Natural Resources Trust dated December 1, 1988 and amended
                  February 11, 1991(2)
         (8.8)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Advisers Management Trust (now Neuberger &
                  Berman Advisers Management Trust) dated April 14, 1989 and as
                  assigned and modified on May 1, 1995(2)
         (8.9)    Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company and Scudder Variable Life Investment Fund
                  dated April 27, 1992 and amended February 19, 1993 and August
                  13, 1993(2)
         (8.10)   Fund Participation Agreement between Aetna Life Insurance and
                  Annuity Company, Investors Research Corporation and TCI
                  Portfolios, Inc. dated July 29, 1992 and amended December 27,
                  1992 and June 1, 1994(2)
         (9)      Opinion of Counsel(6)
         (10.1)   Consent of Independent Auditors
         (10.2)   Consent of Counsel
         (11)     Not applicable
         (12)     Not applicable
         (13)     Computation of Performance Data(7)
         (14)     Not applicable
         (15.1)   Powers of Attorney(8)
         (15.2)   Authorization for Signatures(2)
         (27)     Financial Data Schedule(3)
<PAGE>

1.   Incorporated by reference to Post-Effective Amendment No. 6 to Registration
     Statement on Form N-4 (File No. 33-75986), as filed electronically on April
     22, 1996.
2.   Incorporated by reference to Post-Effective Amendment No. 5 to Registration
     Statement on Form N-4 (File No. 33-75986), as filed electronically on April
     12, 1996.
3.   Incorporated by reference to Post-Effective Amendment No. 3 to Registration
     Statement on Form N-4 (File No. 33-91846), as filed electronically on April
     15, 1996.
4.   Incorporated by reference to Registration Statement on Form N-4 (File No.
     33-91846), as filed on May 1, 1995.
5.   Incorporated by reference to Post-Effective Amendment No. 1 to Registration
     Statement on Form S-1 (File No. 33-60477), as filed electronically on April
     15, 1996.
6.   Incorporated by reference to Registrant's 24f-2 Notice for fiscal year
     ended December 31, 1995, as filed electronically on February 29, 1996.
7.   Incorporated by reference to Post-Effective Amendment No. 1 to Registration
     Statement on Form N-4 (File No. 33-91846), as filed electronically on
     August 16, 1995.
8.   Incorporated by reference to Post-Effective Amendment No. 3 to Registration
     Statement on Form N-4 (File No. 33-75974), as filed electronically on April
     9, 1996.
<PAGE>

Item 25. Directors and Officers of the Depositor
- ------------------------------------------------

Name and Principal
Business Address*         Positions and Offices with Depositor
- ------------------         -----------------------------------

Daniel P. Kearney         Director and President

Timothy A. Holt           Director, Senior Vice President and Chief Financial
                          Officer

Christopher J. Burns      Director and Senior Vice President

Laura R. Estes            Director and Senior Vice President

Gail P. Johnson           Director and Vice President

John Y. Kim               Director and Senior Vice President

Shaun P. Mathews          Director and Vice President

Glen Salow                Director and Vice President

Creed R. Terry            Director and Vice President

Eugene M. Trovato         Vice President and Treasurer, Corporate Controller

Zoe Baird                 Senior Vice President and General Counsel

Diane Horn                Vice President and Chief Compliance Officer

Susan E. Schechter        Corporate Secretary and Counsel


*    The principal business address of all directors and officers listed is 151
     Farmington Avenue, Hartford, Connecticut 06156.

Item 26. Persons Controlled by or Under Common Control with the Depositor or
         Registrant
- ----------------------------------------------------------------------------

     Incorporated herein by reference to Item 25 of Post-Effective Amendment No.
41 to the Registration Statement on Form N-1A (File No. 2-53038), as filed
electronically on June 7, 1996.
<PAGE>

Item 27. Number of Contract Owners
- ----------------------------------

     As of March 31, 1996, there were 555,664 individuals holding interests in
variable annuity contracts funded through Variable Annuity Account C.

Item 28. Indemnification
- ------------------------

     Reference is hereby made to Section 33-320a of the Connecticut General
Statutes ("C.G.S.") regarding indemnification of directors and officers of
Connecticut corporations. The statute provides in general that Connecticut
corporations shall indemnify their officers, directors, employees, agents, and
certain other defined individuals against judgments, fines, penalties, amounts
paid in settlement and reasonable expenses actually incurred in connection with
proceedings against the corporation. The corporation's obligation to provide
such indemnification does not apply unless (1) the individual is successful on
the merits in the defense of any such proceeding; or (2) a determination is made
(by a majority of the board of directors not a party to the proceeding by
written consent; by independent legal counsel selected by a majority of the
directors not involved in the proceeding; or by a majority of the shareholders
not involved in the proceeding) that the individual acted in good faith and in
the best interests of the corporation; or (3) the court, upon application by the
individual, determines in view of all the circumstances that such person is
reasonably entitled to be indemnified.

     C.G.S. Section 33-320a provides an exclusive remedy: a Connecticut
corporation cannot indemnify a director or officer to an extent either greater
or less than that authorized by the statute, e.g., pursuant to its certificate
of incorporation, bylaws, or any separate contractual arrangement. However, the
statute does specifically authorize a corporation to procure indemnification
insurance to provide greater indemnification rights. The premiums for such
insurance may be shared with the insured individuals on an agreed basis.

     Consistent with the statute, Aetna Life and Casualty Company has procured
insurance from Lloyd's of London and several major United States excess insurers
for its directors and officers and the directors and officers of its
subsidiaries, including the Depositor, which supplements the indemnification
rights provided by C.G.S. Section 33-320a to the extent such coverage does not
violate public policy.

Item 29. Principal Underwriter
- ------------------------------

     (a) In addition to serving as the principal underwriter for the Registrant,
         Aetna Life Insurance and Annuity Company (ALIAC) also acts as the
         principal underwriter for Aetna Variable Encore Fund, Aetna Variable
         Fund, Aetna Series Fund, Inc., Aetna Generation Portfolios, Inc., Aetna
         Income Shares, Aetna Investment Advisers Fund, Inc., Aetna GET Fund,
         Variable Life Account B and Variable Annuity Accounts B and G (separate
         accounts of ALIAC registered as unit investment trusts), and Variable
         Annuity Account I (a separate account of Aetna Insurance Company of
         America registered as a unit investment trust). Additionally, ALIAC is
         the investment adviser for Aetna Variable Fund, Aetna Income Shares,
         Aetna Variable Encore Fund, Aetna Investment Advisers Fund, Inc., Aetna
         GET
<PAGE>

         Fund, and Aetna Series Fund, Inc. ALIAC is also the depositor of
         Variable Life Account B and Variable Annuity Accounts B, C and G.

     (b) See Item 25 regarding the Depositor.

     (c) Compensation as of December 31, 1995:

<TABLE>
<CAPTION>
         (1)                      (2)               (3)             (4)             (5)

Name of                 Net Underwriting   Compensation on
Principal               Discounts and      Redemption or     Brokerage
Underwriter             Commissions        Annuitization     Commissions   Compensation*
- -----------             -----------        -------------     -----------   -------------
<S>                     <C>                 <C>              <C>            <C>
Aetna Life Insurance                        $1,830,629                      $74,341,006
and Annuity Company
</TABLE>

*    Compensation shown in column 5 includes deductions for mortality and
     expense risk guarantees and contract charges assessed to cover costs
     incurred in the sales and administration of the contracts issued under
     Variable Annuity Account C.

Item 30. Location of Accounts and Records
- -----------------------------------------

     All accounts, books and other documents required to be maintained by
Section 31(a) of the 1940 Act and the rules under it relating to the securities
described in and issued under this Registration Statement are located at the
home office of the Depositor as follows:

                      Aetna Life Insurance and Annuity Company
                      151 Farmington Avenue
                      Hartford, Connecticut  06156

Item 31. Management Services
- ----------------------------

     Not applicable

Item 32. Undertakings
- ---------------------

     Registrant hereby undertakes:

     (a) to file a post-effective amendment to this registration statement on
         Form N-4 as frequently as is necessary to ensure that the audited
         financial statements in the registration statement are never more than
         sixteen months old for as long as payments under the variable annuity
         contracts may be accepted;
<PAGE>

     (b) to include as part of any application to purchase a contract offered by
         a prospectus which is part of this registration statement on Form N-4,
         a space that an applicant can check to request a Statement of
         Additional Information; and

     (c) to deliver any Statement of Additional Information and any financial
         statements required to be made available under this Form N-4 promptly
         upon written or oral request.

     (d) The Company hereby represents that it is relying upon and complies with
         the provisions of Paragraphs (1) through (4) of the SEC Staff's
         No-Action Letter dated November 22, 1988 with respect to language
         concerning withdrawal restrictions applicable to plans established
         pursuant to Section 403(b) of the Internal Revenue Code. See American
         Counsel of Life Insurance; SEC No-Action Letter, [1989 Transfer Binder]
         Fed. SEC. L. Rep. (CCH) P. 78,904 at 78,523 (November 22, 1988).

     (e) Insofar as indemnification for liability arising under the Securities
         Act of 1933 may be permitted to directors, officers and controlling
         persons of the Registrant pursuant to the foregoing provisions, or
         otherwise, the Registrant has been advised that in the opinion of the
         Securities and Exchange Commission such indemnification is against
         public policy as expressed in the Act and is, therefore, unenforceable.
         In the event that a claim for indemnification against such liabilities
         (other than the payment by the Registrant of expenses incurred or paid
         by a director, officer or controlling person of the Registrant in the
         successful defense of any action, suit or proceeding) is asserted by
         such director, officer or controlling person in connection with the
         securities being registered, the Registrant will, unless in the opinion
         of its counsel the matter has been settled by controlling precedent,
         submit to a court of appropriate jurisdiction the question of whether
         such indemnification by it is against public policy as expressed in the
         Act and will be governed by the final adjudication of such issue.
<PAGE>

                                   SIGNATURES

     As required by the Securities Act of 1933, as amended, and the Investment
Company Act of 1940, the Registrant, Variable Annuity Account C of Aetna Life
Insurance and Annuity Company, certifies that it meets the requirements of
Securities Act Rule 485(b) for effectiveness of this Post-Effective Amendment
No. 5 to its Registration Statement on Form N-4 (File No. 33-91846) and has duly
caused this Post-Effective Amendment No. 5 to its Registration Statement on Form
N-4 (File No. 33-91846) to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Hartford, State of Connecticut, on the 19th day
of June, 1996.

                      VARIABLE ANNUITY ACCOUNT C OF AETNA LIFE INSURANCE AND 
                      ANNUITY COMPANY
                       (Registrant)

                  By: AETNA LIFE INSURANCE AND ANNUITY COMPANY
                       (Depositor)

                  By: Daniel P. Kearney*
                  -------------------------------------------------------------
                      Daniel P. Kearney
                      President

     As required by the Securities Act of 1933, as amended, this Post-Effective
Amendment No. 5 to the Registration Statement on Form N-4 (File No. 33-91846)
has been signed by the following persons in the capacities and on the dates
indicated.

<TABLE>
<CAPTION>
Signature                             Title                                                   Date
- ---------                             -----                                                   ----

<S>                                   <C>                                                  <C>
Daniel P. Kearney*                    Director and President                               )
- ------------------------------------  (principal executive officer)
Daniel P. Kearney                                                                          )
                                                                                           )
Timothy A. Holt*                      Director and Chief Financial Officer                 )
- -----------------------------------
Timothy A. Holt                                                                            )
                                                                                           )
Christopher J. Burns*                 Director                                             )  June
- ------------------------------------                                                       )  19, 1996
Christopher J. Burns                                                                       )
                                                                                           )
Laura R. Estes*                       Director                                             )
- ------------------------------------                                                       )
Laura R. Estes                                                                             )
<PAGE>




                                                                                           )
Gail P. Johnson*                       Director                                            )
- ------------------------------------
Gail P. Johnson                                                                            )
                                                                                           )
John Y. Kim*                           Director                                            )
- ------------------------------------
John Y. Kim                                                                                )
                                                                                           )
Shaun P. Mathews*                      Director                                            )
- ------------------------------------
Shaun P. Mathews                                                                           )
                                                                                           )
Glen Salow*                            Director                                            )
- ------------------------------------
Glen Salow                                                                                 )
                                                                                           )
Creed R. Terry*                        Director                                            )
- ------------------------------------
Creed R. Terry                                                                             )
                                                                                           )
Eugene M. Trovato*                    Vice President and Treasurer, Corporate Controller   )
- ------------------------------------
Eugene M. Trovato                                                                          )
</TABLE>

By:     /s/ Julie E. Rockmore
        -------------------------------------------------------------------
            Julie E. Rockmore

      *Attorney-in-Fact


<PAGE>



                           VARIABLE ANNUITY ACCOUNT C
                                  EXHIBIT INDEX

<TABLE>
<CAPTION>
Exhibit No.            Exhibit                                                                            Page
- -----------            -------                                                                            ----
<S>                    <C>                                                                                   <C>
99-B.1                 Resolution of the Board of Directors of Aetna Life Insurance and Annuity              *
                       Company establishing Variable Annuity Account C

99-B.3                 Form of Broker-Dealer Agreement                                                       *

99-B.4.1               Form of Variable Annuity Contract (G-CDA-IB(ATORP))                                   *

99-B.4.2               Form of Variable Annuity Contract and Certificate (G-CDA-95(TORP) and                 *
                       (GTCC-95(TORP))

99-B.4.3               Form of Variable Annuity Contract (G-CDA-IB(AORP))                                    *

99-B.4.4               Form of Variable Annuity Contract and Certificate (G-CDA-95(ORP) and                  *
                       (GTCC-95(ORP))

99-B.5                 Form of Variable Annuity Contract Application (300-MOP-IB)                            *

99-B.6                 Certification of Incorporation and By-Laws of Depositor                               *

99-B.8.1               Fund Participation Agreement (Amended and Restated) between Aetna Life                *
                       Insurance and Annuity Company, Alger American Fund and Fred Alger
                       Management, Inc. dated March 31, 1995

99-B.8.2               Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company and Calvert Asset Management Company (Calvert Responsibly Invested
                       Balanced Portfolio, formerly Calvert Socially Responsible Series) dated
                       March 13, 1989 and amended December 27, 1993

99-B.8.3               Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company and Franklin Advisers, Inc. dated January 31, 1989
</TABLE>

*Incorporated by reference


<PAGE>

<TABLE>
<CAPTION>
Exhibit No.            Exhibit                                                                             Page
- -----------            -------                                                                             ----
<S>                    <C>                                                                                   <C>
99-B.8.4               Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company and Fidelity Distributors Corporation (Variable Insurance Products
                       Fund) dated February 1, 1994 and amended March 1, 1996

99-B.8.5               Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company and Fidelity Distributors Corporation (Variable Insurance Products
                       Fund II) dated February 1, 1994 and amended March 1, 1996

99-B.8.6               Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company and Janus Aspen Series dated April 19, 1994 and amended March 1, 1996

99-B.8.7               Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company and Lexington Management Corporation regarding Natural Resources
                       Trust dated December 1, 1988 and amended February 11, 1991

99-B.8.8               Fund Participation Agreement between Aetna Life Insurance and Annuity 
                       * Company and Advisers  Management Trust (now Neuberger & Berman Advisers 
                       Management Trust) dated April 14, 1989 and as assigned and modified on 
                       May 1, 1995

99-B.8.9               Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company and Scudder Variable Life Investment Fund dated April 27, 1992 and
                       amended February 19, 1993 and August 13, 1993

99-B.8.10              Fund Participation Agreement between Aetna Life Insurance and Annuity                 *
                       Company, Investors Research Corporation and TCI Portfolios, Inc. dated July
                       29, 1992 and amended December 27, 1992 and June 1, 1994

99-B.9                 Opinion of Counsel                                                                    *

99-B.10.1              Consent of Independent Auditors
                                                                                                      -----------------
</TABLE>

*Incorporated by reference
<PAGE>


<TABLE>
<CAPTION>
Exhibit No.            Exhibit                                                                        Page
- -----------            -------                                                                        ----
<S>                    <C>                                                                            <C>
99-B.10.2              Consent of Counsel
                                                                                                      -----------------

99-B.13                Computation of Performance Data                                                       *

99-B.15.1              Powers of Attorney                                                                    *

99-B.15.2              Authorization for Signatures                                                          *

27                     Financial Data Schedule                                                               *
</TABLE>

*Incorporated by reference




                         Consent of Independent Auditors




The Board of Directors of Aetna Life Insurance and Annuity Company and Contract
Owners of Aetna Variable Annuity Account C:

We consent to the use of our reports incorporated herein by reference.




                            /s/ KPMG Peat Marwick LLP



Hartford, Connecticut
June 19, 1996


AETNA          151 Farmington Avenue      Susan E. Bryant
LOGO           Hartford, CT  06156        Counsel
                                          Law and Regulatory Affairs, RE4C
                                          (860) 273-7834
                                          Fax:  (860) 273-8340


June 19, 1996



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Attention:  Filing Desk

    Re: Variable Annuity Account C of Aetna Life Insurance and Annuity Company
        Post-Effective Amendment No. 5 to the Registration Statement on Form N-4
        File Nos. 33-91846 and 811-2513


Gentlemen:

As Counsel of Aetna Life Insurance and Annuity Company (the "Company"), I hereby
consent to the use of my opinion dated February 28, 1996 (incorporated herein by
reference to the 24f-2 Notice for the fiscal year ended December 31, 1995 filed 
on behalf of Variable Annuity Account C of Aetna Life Insurance and Annuity 
Company on February 29, 1996) as an exhibit to this Post-Effective Amendment 
No. 5 to the Registration Statement on Form N-4 (File No. 33-91846) and to my 
being named under the caption "Legal Matters" therein.

Very truly yours,

/s/ Susan E. Bryant

Susan E. Bryant
Counsel
Aetna Life Insurance and Annuity Company




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