As filed with the Securities and Exchange Registration No. 33-75962*
Commission on September 1, 2000 Registration No. 811-2513
--------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-4
--------------------------------------------------------------------------------
POST-EFFECTIVE AMENDMENT NO. 24 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, TS31, Hartford, Connecticut 06156
(Address of Depositor's Principal Executive Offices) (Zip Code)
Depositor's Telephone Number, including Area Code: (860) 273-4686
Julie E. Rockmore, Counsel
Aetna Life Insurance and Annuity Company
151 Farmington Avenue, TS31, Hartford, Connecticut 06156
(Name and Address of Agent for Service)
--------------------------------------------------------------------------------
It is proposed that this filing will become effective:
immediately upon filing pursuant to paragraph (b) of Rule 485
--------
X on September 14, 2000 pursuant to paragraph (b) of Rule 485
--------
* 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:
33-75978.
<PAGE>
VARIABLE ANNUITY ACCOUNT C
CROSS REFERENCE SHEET
<TABLE>
<CAPTION>
LOCATION - PROSPECTUS DATED MAY 1,
FORM N-4 2000 AS AMENDED BY SUPPLEMENTS
ITEM NO. PART A (PROSPECTUS) DATED AUGUST 21, 2000,
SEPTEMBER 1, 2000 AND
SEPTEMBER 14, 2000
<S> <C> <C> <C>
1 Cover Page......................................... Cover Page
2 Definitions........................................ Not Applicable
3 Synopsis........................................... Contract Overview; Fee Table, and as amended
4 Condensed Financial Information.................... Condensed Financial Information; Appendix IV
- Condensed Financial Information
5 General Description of Registrant, Depositor, and
Portfolio Companies................................ Other Topics - The Company and as amended;
Variable Annuity Account C; Appendix III -
Fund Descriptions, and as amended
6 Deductions and Expenses............................ Fee Table and as amended; Fees, and as amended
7 General Description of Variable Annuity Contracts.. Contract Overview; Other Topics
8 Annuity Period..................................... The Income Phase
9 Death Benefit...................................... Death Benefit
10 Purchases and Contract Value....................... Contract Purchase and Participation; Your
Account Value
11 Redemptions........................................ Right to Cancel; Withdrawals; Systematic
Distribution Options
12 Taxes.............................................. Taxation
13 Legal Proceedings.................................. Other Topics - Legal Matters and Proceedings,
and as amended
14 Table of Contents of the Statement of Additional
Information........................................ Contents of the Statement of Additional
Information
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
LOCATION - STATEMENT OF
FORM N-4 PART B (STATEMENT OF ADDITIONAL INFORMATION) ADDITIONAL INFORMATION
ITEM NO. DATED MAY 1, 2000, AND AS
AMENDED BY SUPPLEMENTS
DATED SEPTEMBER 14, 2000
<S> <C> <C> <C>
15 Cover Page........................................... Cover page
16 Table of Contents.................................... Table of Contents
17 General Information and History...................... General Information and History and as
amended
18 Services............................................. General Information and History and as
amended; 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 and as amended;
Average Annual Total Return Quotations
22 Annuity Payments..................................... Income Phase Payments
23 Financial Statements................................. Financial Statements of the Separate
Account; Financial Statements of Aetna
Life Insurance and Annuity Company
</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>
PARTS A AND B
The Prospectus dated May 1, 2000, is incorporated into Part A of this
Post-Effective Amendment No. 24 by reference to Registrant's filing under Rule
497(c) filed on May 2, 2000 (File No. 33-75962) and by reference to Prospectus
Supplement dated August 21, 2000 as filed under Rule 497(e) on August 21, 2000,
and by reference to Prospectus Supplement dated September 1, 2000 as filed in
Post-Effective Amendment No. 23 to Registration Statement on Form N-4 (File No.
33-75962), as filed on August 18, 2000. The Statement of Additional Information
dated May 1, 2000 is incorporated into Part B of this Post-Effective Amendment
No. 24 by reference to Registrant's filing on Form N-4 (File No. 33-75962), as
filed on April 13, 2000 and declared effective on May 1, 2000.
A Supplement to the Prospectus and a Supplement to the Statement of Additional
Information, each dated September 14, 2000, are included in Part A and B,
respectively, of this Post-Effective Amendment.
<PAGE>
VARIABLE ANNUITY ACCOUNT C
Aetna Life Insurance and Annuity Company
Supplement Dated September 14, 2000 to the Prospectus dated May 1, 2000
and as Amended by Supplements Dated August 21, 2000 and September 1, 2000
The information in this supplement updates and amends certain information
contained in the prospectus dated May 1, 2000 and as amended by supplements
dated August 21, 2000 and September 1, 2000. You should read this supplement
along with the prospectus.
1. The mutual funds listed below are added to the list of funds on page 1 of
the prospectus that may be available under your plan:
Aetna Growth VP
Aetna International VP
Aetna Small Company VP
Aetna Technology VP
A I M V.I. Capital Appreciation Fund
A I M V.I. Growth Fund
A I M V.I. Growth and Income Fund
A I M V.I. Value Fund
Fidelity VIP Overseas Portfolio
Janus Aspen Balanced Portfolio
2. The following adds information about the funds listed in item 1 above to
pages 8 and 9 of the prospectus.
Fund Expense Table
<TABLE>
<CAPTION>
Total Fund Net Fund
Annual Annual
Expenses Total Expenses
Investment Without Waivers After
Advisory Other Waivers or and Waivers or
Fees (1) Expenses Reductions Reductions Reductions
------------ ---------- ------------ ------------ -----------
<S> <C> <C> <C> <C> <C>
Aetna Growth VP(2) 0.60% 0.11% 0.71% 0.00% 0.71%
Aetna International VP(2) 0.85% 0.77% 1.62% 0.47% 1.15%
Aetna Small Company VP(2) 0.75% 0.13% 0.88% 0.00% 0.88%
Aetna Technology VP(2)(9) 0.95% 0.25% 1.20% 0.05% 1.15%
A I M V.I. Capital Appreciation Fund 0.62% 0.11% 0.73% -- 0.73%
A I M V.I. Growth Fund 0.63% 0.10% 0.73% -- 0.73%
A I M V.I. Growth and Income Fund 0.61% 0.16% 0.77% -- 0.77%
A I M V.I. Value Fund 0.61% 0.15% 0.76% -- 0.76%
Fidelity VIP Overseas Portfolio(10) 0.73% 0.18% 0.91% -- 0.91%
Janus Aspen Balanced Portfolio(6) 0.65% 0.02% 0.67% 0.00% 0.67%
</TABLE>
FOOTNOTES:
(1) Certain of the fund advisers reimburse the company for administrative
costs incurred in connection with administering the funds as variable
funding options under the contract. These reimbursements are generally
paid out of the Investment Advisory Fees and are not charged to investors.
For the AIM Funds, the reimbursements may be paid out of fund assets in an
amount up to 0.25% annually. Any such reimbursements paid from the AIM
Funds' assets are included in the "Other Expenses" Column.
(2) The investment adviser is contractually obligated through December 31,
2000 to waive all or a portion of its investment advisory fee and/or its
administrative services fee and/or to reimburse a portion of other
expenses in order to ensure that the fund's "Total Fund Annual Expenses
Without Waivers or Reductions" do not exceed the percentage reflected
under "Net Fund Annual Expenses After Waivers or Reductions."
(6) Expenses are based upon expenses for the fiscal year ended December 31,
1999, restated to reflect a reduction in the management fee for Aggressive
Growth, Growth and Worldwide Growth Portfolios. All expenses are shown
without the effect of expense offset arrangements.
X.75962-00 September 2000
<PAGE>
(9) Aetna Technology VP commenced operations on May 1, 2000. Amounts reflected
in "Other Expenses" and "Total Fund Annual Expenses Without Waivers or
Reductions" are estimated amounts for the current fiscal year based on
expenses for comparable funds. Actual expenses may vary from those shown.
(10) A portion of the brokerage commissions that certain funds pay was used to
reduce fund expenses. In addition, through arrangements with certain
funds', or the investment adviser on behalf of certain funds' custodian,
credits realized as a result of uninvested cash balances were used to
reduce a portion of each applicable fund's expenses. These credits are not
included under Total Waivers and Reductions. If these credits had been
included, the amounts shown under Net Fund Annual Expenses After Waivers
or Reductions presented in the table would have been 0.56% for Fidelity
VIP Equity-Income Portfolio; 0.65% for Fidelity VIP Growth Portfolio;
0.87% for Fidelity VIP Overseas Portfolio; 0.62% for Fidelity VIP II Asset
Manager Portfolio; and 0.65% for Fidelity VIP II Contrafund[RegTM]
Portfolio.
3. The following hypothetical examples add expense information about the funds
listed in item 1 of this supplement to page 10 of the prospectus:
HYPOTHETICAL EXAMPLES
Account Fees Incurred Over Time. The following hypothetical examples show the
fees paid over time if $1,000 is invested in a subaccount, assuming a 5% annual
return on the investment. For the purposes of these examples, we deducted a
mortality and expense risk charge of 1.10% annually for all subaccounts except
the Aetna Money Market VP subaccount, and 0.35% annually for the Aetna Money
Market VP subaccount, and the maximum administrative expense charge of 0.25%
annually (not currently charged). The total fund expenses used are those shown
in the column "Total Annual Expenses Without Waivers or Reductions" in the Fund
Expense Table.
<TABLE>
<CAPTION>
---------------------------------
> THESE EXAMPLES ARE PURELY
HYPOTHETICAL. Example A Example B
> THEY SHOULD NOT BE If you withdraw your entire If you leave your entire
CONSIDERED A REPRESENTATION account value at the end of account value invested or if
OF PAST OR FUTURE EXPENSES the periods shown, you would you select an income phase
OR EXPECTED RETURNS. pay the following fees, payment option at the end
> ACTUAL FEES AND/OR RETURNS including any applicable Early of the periods shown, you
MAY BE MORE OR LESS THAN Withdrawal Charge assessed:* would pay the following fees
THOSE SHOWN IN THESE EXAMPLES. (no Early Withdrawal Charge
--------------------------------- is reflected):**
1 3 5 10 1 3 5 10
Year Years Years Years Year Years Years Years
------ ------- ------- ------- ------ ------- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Aetna Growth VP $70 $112 $157 $213 $18 $57 $ 98 $213
Aetna International VP $79 $138 $200 $305 $28 $84 $144 $305
Aetna Small Company VP $72 $117 $165 $231 $20 $62 $107 $231
Aetna Technology VP $75 $126 $180 $264 $23 $72 $123 $264
A I M V.I. Capital Appreciation Fund $70 $112 $157 $215 $19 $58 $ 99 $215
A I M V.I. Growth Fund $70 $112 $157 $215 $19 $58 $ 99 $215
A I M V.I. Growth and Income Fund $71 $114 $159 $219 $19 $59 $101 $219
A I M V.I. Value Fund $70 $113 $159 $218 $19 $58 $101 $218
Fidelity VIP Overseas Portfolio $72 $118 $166 $234 $20 $63 $108 $234
Janus Aspen Balanced Portfolio $70 $111 $155 $208 $18 $56 $ 96 $208
</TABLE>
-----------------------
* This example reflects deduction of an early withdrawal charge calculated
using the schedule applicable to Installment Purchase Payment Contracts.
Under that schedule, if only one $1,000 payment was made as described
above, fewer than 5 purchase payment periods would have been completed at
the end of years 1, 3 and 5, and the 5% charge would apply. At the end of
the tenth account year, the early withdrawal charge is waived regardless of
the number of purchase payment periods completed, and no early withdrawal
charge would apply.
** This example does not apply if during the income phase, a nonlifetime
payment option with variable payments is selected and a lump-sum withdrawal
is requested within 3 years after payments start. In this case, the
lump-sum payment is treated as a withdrawal during the accumulation phase
and may be subject to an early withdrawal charge as shown in Example A.
<PAGE>
4. The following information is added to Appendix III, Fund Descriptions, in
the prospectus:
> Aetna Variable Portfolios, Inc.--Aetna Growth VP seeks growth of capital
through investment in a diversified portfolio of common stocks and securities
convertible into common stocks believed to offer growth potential.
Investment Adviser: Aeltus Investment Management, Inc.
> Aetna Variable Portfolios, Inc.--Aetna International VP seeks long-term
capital growth primarily through investment in a diversified portfolio of
common stocks principally traded in countries outside of the United States.
Aetna International VP will not target any given level of current income.
Investment Adviser: Aeltus Investment Management, Inc.
> Aetna Variable Portfolios, Inc.--Aetna Small Company VP seeks growth of
capital primarily through investment in a diversified portfolio of common
stocks and securities convertible into common stocks of companies with
smaller market capitalizations.
Investment Adviser: Aeltus Investment Management, Inc.
> Aetna Variable Portfolios, Inc.--Aetna Technology VP seeks long-term capital
appreciation.
Investment Adviser: Aeltus Investment Management, Inc.
Subadviser: Elijah Asset Management, LLC
> A I M V.I. Capital Appreciation Fund seeks growth of capital through
investment in common stocks, with emphasis on medium- and small-sized growth
companies.
Investment Adviser: A I M Advisors, Inc.
> A I M V.I. Growth Fund seeks growth of capital primarily by investing in
seasoned and better capitalized companies considered to have strong earnings
momentum.
Investment Adviser: A I M Advisors, Inc.
> A I M V.I. Growth and Income Fund seeks growth of capital with a secondary
objective of current income.
Investment Adviser: A I M Advisors, Inc.
> A I M V.I. Value Fund seeks to achieve long-term growth of capital by
investing primarily in equity securities judged by the fund's investment
adviser to be undervalued relative to the investment advisor's appraisal of
the current or projected earnings of the companies issuing the securities, or
relative to current market values of assets owned by the companies issuing
the securities or relative to the equity market generally. Income is a
secondary objective.
Investment Adviser: A I M Advisors, Inc.
> Fidelity Variable Insurance Products Fund--Overseas Portfolio seeks long-term
growth of capital by investing in foreign securities, primarily in common
stocks.
Investment Adviser: Fidelity Management & Research Company
Subadvisers: Fidelity Management & Research (U.K.) Inc.
Fidelity Management & Research Far East Inc.
Fidelity International Investment Advisors
Fidelity International Investment Advisors (U.K.) Limited
Fidelity Investment Japan Limited
> Janus Aspen Series--Balanced Portfolio seeks long-term capital growth,
consistent with preservation of capital and balanced by current income. The
Portfolio pursues its investment objective by normally investing 40%-60% of
its assets in securities selected primarily for their growth potential and
40%-60% of its assets in securities selected primarily for their income
potential. This Portfolio normally invests at least 25% of its assets in
fixed-income securities.
Investment Adviser: Janus Capital Corporation
X.75962-00 September 2000
<PAGE>
VARIABLE ANNUITY ACCOUNT C
Aetna Life Insurance and Annuity Company
Supplement Dated September 14, 2000 to the Statement of Additional Information
dated May 1, 2000
The information in this supplement updates and amends certain information
contained in the statement of additional information dated May 1, 2000. You
should read this supplement along with the statement of additional information.
o The section entitled "VARIABLE ANNUITY ACCOUNT C" is amended to add the
following funds to the list of funds that may be available under the
contract.
Aetna Growth VP
Aetna International VP
Aetna Small Company VP
Aetna Technology VP
A I M V.I. Capital Appreciation Fund
A I M V.I. Growth Fund
A I M V.I. Growth and Income Fund
A I M V.I. Value Fund
Fidelity VIP Overseas Portfolio
Janus Aspen Balanced Portfolio
o The section entitled "Average Annual Total Return Quotations - Standardized
and Non-Standardized" is amended to add the following information:
<TABLE>
<CAPTION>
---------------------------------------------------------------------
Date
Contributions
STANDARDIZED First Received
Under the
Separate Account
---------------------------------------------------------------------------------------------------------------
Since
SUBACCOUNT 1 Year 5 Years 10 Years Inception*
---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Aetna Growth VP 26.63% 31.93% 05/30/1997
---------------------------------------------------------------------------------------------------------------
Aetna International VP 41.99% 20.44% 05/04/1998
---------------------------------------------------------------------------------------------------------------
Aetna Small Company VP 22.77% 16.32% 05/30/1997
---------------------------------------------------------------------------------------------------------------
A I M V.I. Capital Appreciation Fund 33.05% 05/07/1999
---------------------------------------------------------------------------------------------------------------
A I M V.I. Growth Fund 20.52% 05/04/1999
---------------------------------------------------------------------------------------------------------------
A I M V.I. Growth and Income Fund 15.61% 05/10/1999
---------------------------------------------------------------------------------------------------------------
A I M V.I. Value Fund 11.99% 05/05/1999
---------------------------------------------------------------------------------------------------------------
Fidelity VIP Overseas Portfolio(1) 33.82% 14.74% 12.47% 05/31/1994
---------------------------------------------------------------------------------------------------------------
Janus Aspen Balanced Portfolio 18.93% 21.67% 06/30/1995
---------------------------------------------------------------------------------------------------------------
</TABLE>
* Reflects performance from the date contributions were first received in the
fund under the separate account.
(1) These funds have been available through the separate account for more than
ten years.
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Fund
NON-STANDARDIZED Inception
Date
-----------------------------------------------------------------------------------------------------------------------
x Since
SUBACCOUNT 1 Year 3 Years 5 Years 10 Years Inception**
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Aetna Growth VP 33.30% 33.53% 33.56% 12/13/1996
-----------------------------------------------------------------------------------------------------------------------
Aetna International VP 49.46% 33.77% 12/22/1997
-----------------------------------------------------------------------------------------------------------------------
Aetna Small Company VP 29.23% 19.67% 20.07% 12/27/1996
-----------------------------------------------------------------------------------------------------------------------
A I M V.I. Capital Appreciation Fund 42.83% 23.57% 24.05% 20.83% 05/05/1993
-----------------------------------------------------------------------------------------------------------------------
A I M V.I. Growth Fund 33.56% 30.40% 28.06% 21.42% 05/05/1993
-----------------------------------------------------------------------------------------------------------------------
A I M V.I. Growth and Income Fund 32.59% 27.58% 26.61% 22.97% 05/02/1994
-----------------------------------------------------------------------------------------------------------------------
A I M V.I. Value Fund 28.29% 27.03% 25.67% 21.56% 05/05/1993
-----------------------------------------------------------------------------------------------------------------------
Fidelity VIP Overseas Portfolio(1) 40.86% 20.00% 15.92% 10.05% 01/28/1987
-----------------------------------------------------------------------------------------------------------------------
Janus Aspen Balanced Portfolio 25.19% 26.04% 23.14% 19.13% 09/13/1993
-----------------------------------------------------------------------------------------------------------------------
</TABLE>
** Reflects performance from the fund's inception date.
(1) These funds have been in operation for more than ten years.
<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:
- Statement of Assets and Liabilities as of December 31,
1999
- Statement of Operations for the year ended December 31,
1999
- Statements of Changes in Net Assets for the years ended
December 31, 1999 and 1998
- Condensed Financial Information for the year ended
December 31, 1999
- Notes to Financial Statements
- Independent Auditors' Report
Financial Statements of the Depositor:
- Independent Auditors' Report
- Consolidated Statements of Income for the years ended
December 31, 1999, 1998 and 1997
- Consolidated Balance Sheets as of December 31, 1999 and
1998
- Consolidated Statements of Changes in Shareholder's Equity
for the years ended December 31, 1999, 1998 and 1997
- Consolidated Statements of Cash Flows for the years ended
December 31, 1999, 1998 and 1997
- 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) Broker-Dealer Agreement(2)
(3.2) Alternative Form of Wholesaling Agreement and Related Selling
Agreement(3)
(4.1) Variable Annuity Contract (G-TDA-HH(XC/M))(4)
(4.2) Variable Annuity Contract (G-TDA-HH(XC/S))(4)
(4.3) Variable Annuity Certificate (GTCC-HH(XC/M))(5)
(4.4) Variable Annuity Certificate (GTCC-HH(XC/S))(5)
(4.5) Endorsement (EGET-IC(R)) to Contracts G-TDA-HH(XC/M) and
G-TDA-HH(XC/S)(3)
(4.6) Endorsement (ENYSUTMF97) to Contract G-TDA-HH(XC/M)(6)
(4.7) Endorsement (ENYSUTMF97(S)) to Contract G-TDA-HH(XC/S)(6)
<PAGE>
(4.8) Endorsement (ENYSTSDO97) to Contracts G-TDA-HH(XC/M) and
G-TDA-HH(XC/S)(6)
(4.9) Endorsement (EGAA(5/98) NY) to Contracts G-TDA-HH(XC/M) and
G-TDA-HH(XC/S) and Certificates GTCC-HH(XC/M) and
GTCC-HH(XC/S)(5)
(4.10) Endorsement (EG403-GIE-98) to Contract G-TDA-HH(XC/M) and
Certificate GTCC-HH(XC/M)(7)
(4.11) Endorsement (EG403-GI-98) to Contract G-TDA-HH(XC/M) and
Certificate GTCC-HH(XC/M)(8)
(4.12) Endorsement (EGET-99) to Contracts G-TDA-HH(XC/M) and
G-TDA-HH(XC/S) and Certificates GTCC-HH(XC/M) and
GTCC-HH(XC/S)(9)
(4.13) Endorsement (ENYS-XC/M-00) to Contract G-TDA-HH(XC/M) and
Certificate G-TDA-HH(XC/M)(10)
(4.14) Endorsement (ENYS-XC/S-00) to Contract G-TDA-HH(XC/S) and
Certificate G-TDA-HH(XC/S)(10)
(5) Variable Annuity Contract Application (300-GTD-NY(5/98))(8)
(6.1) Certificate of Incorporation of Aetna Life Insurance and
Annuity Company(11)
(6.2) Amendment of Certificate of Incorporation of Aetna Life
Insurance and Annuity Company(12)
(6.3) By-Laws as amended September 17, 1997 of Aetna Life Insurance
and Annuity Company(13)
(7) Not applicable
(8.1) Fund Participation Agreement between Aetna Life Insurance and
Annuity Company and AIM dated June 30, 1998(14)
(8.2) Service Agreement between Aetna Life Insurance and Annuity
Company and AIM effective June 30, 1998(14)
(8.3) Fund Participation Agreement by and among Aetna Life Insurance
and Annuity Company and Aetna Variable Fund, Aetna Variable
Encore Fund, Aetna Income Shares, Aetna Balanced VP, Inc.,
Aetna GET Fund on behalf of each of its series, Aetna
Generation Portfolios, Inc. on behalf of each of its series,
Aetna Variable Portfolios, Inc. on behalf of each of its
series, and Aeltus Investment Management, Inc. dated as of May
1, 1998(2)
(8.4) Amendment dated November 9, 1998 to Fund Participation
Agreement by and among Aetna Life Insurance and Annuity
Company and Aetna Variable Fund, Aetna Variable Encore Fund,
Aetna Income Shares, Aetna Balanced VP, Inc., Aetna GET Fund
on behalf of each of its series, Aetna Generation Portfolios,
Inc. on behalf of each of its series, Aetna Variable
Portfolios, Inc. on behalf of each of its series, and Aeltus
Investment Management, Inc. dated as of May 1, 1998(15)
(8.5) Second Amendment dated December 31, 1999 to Fund Participation
Agreement by and among Aetna Life Insurance and Annuity
Company and Aetna Variable Fund, Aetna Variable Encore Fund,
Aetna Income Shares, Aetna Balanced VP, Inc., Aetna GET Fund
on behalf of each of its series, Aetna Generation Portfolios,
Inc. on behalf of each of its series, Aetna Variable
Portfolios, Inc. on behalf of each of its series, and Aeltus
Investment Management, Inc. dated as of May 1, 1998 and
amended on November 9, 1998(16)
<PAGE>
(8.6) Third Amendment dated February 11, 2000 to Fund Participation
Agreement by and among Aetna Life Insurance and Annuity
Company and Aetna Variable Fund, Aetna Variable Encore Fund,
Aetna Income Shares, Aetna Balanced VP, Inc., Aetna GET Fund
on behalf of each of its series, Aetna Generation Portfolios,
Inc. on behalf of each of its series, Aetna Variable
Portfolios, Inc. on behalf of each of its series, and Aeltus
Investment Management, Inc. dated as of May 1, 1998 and
amended on November 9, 1998 and December 31, 1999(17)
(8.7) Fourth Amendment dated May 1, 2000 to Fund Participation
Agreement by and among Aetna Life Insurance and Annuity
Company and Aetna Variable Fund, Aetna Variable Encore Fund,
Aetna Income Shares, Aetna Balanced VP, Inc., Aetna GET Fund
on behalf of each of its series, Aetna Generation Portfolios,
Inc. on behalf of each of its series, Aetna Variable
Portfolios, Inc. on behalf of each of its series, and Aeltus
Investment Management, Inc. dated as of May 1, 1998 and
amended on November 9, 1998, December 31, 1999 and February
11, 2000(17)
(8.8) Service Agreement between Aeltus Investment Management, Inc.
and Aetna Life Insurance and Annuity Company in connection
with the sale of shares of Aetna Variable Fund, Aetna Variable
Encore Fund, Aetna Income Shares, Aetna Balanced VP, Inc.,
Aetna GET Fund on behalf of each of its series, Aetna
Generation Portfolios, Inc. on behalf of each of its series,
and Aetna Variable Portfolios, Inc. on behalf of each of its
series dated as of May 1, 1998(2)
(8.9) Amendment dated November 4, 1998 to Service Agreement between
Aeltus Investment Management, Inc. and Aetna Life Insurance
and Annuity Company in connection with the sale of shares of
Aetna Variable Fund, Aetna Variable Encore Fund, Aetna Income
Shares, Aetna Balanced VP, Inc., Aetna GET Fund on behalf of
each of its series, Aetna Generation Portfolios, Inc. on
behalf of each of its series and Aetna Variable Portfolios,
Inc. on behalf of each of its series dated as of May 1,
1998(15)
(8.10) Second Amendment dated February 11, 2000 to Service Agreement
between Aeltus Investment Management, Inc. and Aetna Life
Insurance and Annuity Company in connection with the sale of
shares of Aetna Variable Fund, Aetna Variable Encore Fund,
Aetna Income Shares, Aetna Balanced VP, Inc., Aetna GET Fund
on behalf of each of its series, Aetna Generation Portfolios,
Inc. on behalf of each of its series and Aetna Variable
Portfolios, Inc. on behalf of each of its series dated as of
May 1, 1998 and November 14, 1998(17)
(8.11) Third Amendment dated May 1, 2000 to Service Agreement between
Aeltus Investment Management, Inc. and Aetna Life Insurance
and Annuity Company in connection with the sale of shares of
Aetna Variable Fund, Aetna Variable Encore Fund, Aetna Income
Shares, Aetna Balanced VP, Inc., Aetna GET Fund on behalf of
each of its series, Aetna Generation Portfolios, Inc. on
behalf of each of its series
<PAGE>
and Aetna Variable Portfolios, Inc. on behalf of each of its
series dated as of May 1, 1998, November 14, 1998 and February
11, 2000(17)
(8.12) Fund Participation Agreement among Calvert Responsibly
Invested Balanced Portfolio, Calvert Asset Management Company,
Inc. and Aetna Life Insurance and Annuity Company dated
December 1, 1997(18)
(8.13) Service Agreement between Calvert Asset Management Company,
Inc. and Aetna Life Insurance and Annuity Company dated
December 1, 1997(18)
(8.14) Fund Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund and Fidelity
Distributors Corporation dated February 1, 1994 and amended on
December 15, 1994, February 1, 1995, May 1, 1995, January 1,
1996 and March 1, 1996(12)
(8.15) Fifth Amendment dated as of May 1, 1997 to the Fund
Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund and Fidelity
Distributors Corporation dated February 1, 1994 and amended on
December 15, 1994, February 1, 1995, May 1, 1995, January 1,
1996 and March 1, 1996(19)
(8.16) Sixth Amendment dated November 6, 1997 to the Fund
Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund and Fidelity
Distributors Corporation dated February 1, 1994 and amended on
December 15, 1994, February 1, 1995, May 1, 1995, January 1,
1996, March 1, 1996 and May 1, 1997(20)
(8.17) Seventh Amendment dated as of May 1, 1998 to the Fund
Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund and Fidelity
Distributors Corporation dated February 1, 1994 and amended on
December 15, 1994, February 1, 1995, May 1, 1995, January 1,
1996, March 1, 1996, May 1, 1997 and November 6, 1997(2)
(8.18) Eighth Amendment dated December 1, 1999 to Fund Participation
Agreement between Aetna Life Insurance and Annuity Company,
Variable Insurance Products Fund and Fidelity Distributors
Corporation dated February 1, 1994 and amended on December 15,
1994, February 1, 1995, May 1, 1995, January 1, 1996, March 1,
1996, May 1, 1997, November 6, 1997 and May 1, 1998(16)
(8.19) Fund Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund II and
Fidelity Distributors Corporation dated February 1, 1994 and
amended on December 15, 1994, February 1, 1995, May 1, 1995,
January 1, 1996 and March 1, 1996(12)
(8.20) Fifth Amendment dated as of May 1, 1997 to the Fund
Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund II and
Fidelity Distributors Corporation dated February 1, 1994 and
amended on December 15, 1994, February 1, 1995, May 1, 1995,
January 1, 1996 and March 1, 1996(19)
(8.21) Sixth Amendment dated as of January 20, 1998 to the Fund
Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund II and
Fidelity Distributors Corporation dated February 1, 1994 and
amended on December 15, 1994, February 1, 1995, May 1, 1995,
January 1, 1996, March 1, 1996 and May 1, 1997(21)
<PAGE>
(8.22) Seventh Amendment dated as of May 1, 1998 to the Fund
Participation Agreement between Aetna Life Insurance and
Annuity Company, Variable Insurance Products Fund II and
Fidelity Distributors Corporation dated February 1, 1994 and
amended on December 15, 1994, February 1, 1995, May 1, 1995,
January 1, 1996, March 1, 1996, May 1, 1997 and January 20,
1998(2)
(8.23) Eighth Amendment dated December 1, 1999 to Fund Participation
Agreement between Aetna Life Insurance and Annuity Company,
Variable Insurance Products Fund II and Fidelity Distributors
Corporation dated February 1, 1994 and amended on December 15,
1994, February 1, 1995, May 1, 1995, January 1, 1996, March 1,
1996, May 1, 1997, January 20, 1998 and May 1, 1998(17)
(8.24) Service Agreement between Aetna Life Insurance and Annuity
Company and Fidelity Investments Institutional Operations
Company dated as of November 1, 1995(22)
(8.25) Amendment dated January 1, 1997 to Service Agreement between
Aetna Life Insurance and Annuity Company and Fidelity
Investments Institutional Operations Company dated as of
November 1, 1995(19)
(8.26) Service Contract between Fidelity Distributors Corporation and
Aetna Life Insurance and Annuity Company dated May 2, 1997(15)
(8.27) Fund Participation Agreement among Janus Aspen Series and
Aetna Life Insurance and Annuity Company and Janus Capital
Corporation dated December 8, 1997(21)
(8.28) Amendment dated October 12, 1998 to Fund Participation
Agreement among Janus Aspen Series and Aetna Life Insurance
and Annuity Company and Janus Capital Corporation dated
December 8, 1997(15)
(8.29) Second Amendment dated December 1, 1999 to Fund Participation
Agreement among Janus Aspen Series and Aetna Life Insurance
and Annuity Company and Janus Capital Corporation dated
December 8, 1997 and amended on October 12, 1998(16)
(8.30) Amendment dated as of August 1, 2000 to Fund Participation
Agreement among Janus Aspen Series and Aetna Life Insurance
and Annuity Company and Janus Capital Corporation dated
December 8, 1997, as amended on October 12, 1998 and December
1, 1999(23)
(8.31) Service Agreement between Janus Capital Corporation and Aetna
Life Insurance and Annuity Company dated December 8, 1997(24)
(8.32) First Amendment dated as of August 1, 2000 to Service
Agreement between Janus Capital Corporation and Aetna Life
Insurance and Annuity Company dated December 8, 1997(23)
(8.33) Distribution and Shareholder Services Agreement - Service
Shares of Janus Aspen Series (for Insurance Companies) dated
August 1, 2000 between Janus Distributors, Inc. and Aetna Life
Insurance and Annuity Company(23)
<PAGE>
(8.34) 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(3)
(8.35) Fund Participation Agreement between Aetna Life Insurance and
Annuity Company, Lexington Emerging Markets Fund, Inc. and
Lexington Management Corporation (its investment advisor)
dated April 28, 1994(25)
(8.36) Fund Participation Agreement among MFS Variable Insurance
Trust, Aetna Life Insurance and Annuity Company and
Massachusetts Financial Services Company dated April 30, 1996,
and amended on September 3, 1996, March 14, 1997 and November
28, 1997(2)
(8.37) Fourth Amendment dated May 1, 1998 to the Fund Participation
Agreement by and among MFS Variable Insurance Trust, Aetna
Life Insurance and Annuity Company and Massachusetts Financial
Services Company dated April 30, 1996, and amended on
September 3, 1996, March 14, 1997 and November 28, 1997(26)
(8.38) Fifth Amendment dated May 1, 1998 to the Fund Participation
Agreement by and among MFS Variable Insurance Trust, Aetna
Life Insurance and Annuity Company and Massachusetts Financial
Services Company dated April 30, 1996, and amended on
September 3, 1996, March 14, 1997 and November 28, 1997(27)
(8.39) Fifth Amendment dated July 1, 1999 to Fund Participation
Agreement by and among MFS Variable Insurance Trust, Aetna
Life Insurance and Annuity Company and Massachusetts Financial
Services Company dated April 30, 1996, and amended on
September 3, 1996, March 14, 1997, November 28, 1997 and May
1, 1998(28)
(8.40) Fund Participation Agreement dated March 11, 1997 between
Aetna Life Insurance and Annuity Company and Oppenheimer
Variable Annuity Account Funds and Oppenheimer Funds, Inc.(29)
(8.41) First Amendment dated December 1, 1999 to Fund Participation
Agreement between Aetna Life Insurance and Annuity Company and
Oppenheimer Variable Annuity Account Funds and Oppenheimer
Funds, Inc. dated March 11, 1997(17)
(8.42) Service Agreement effective as of March 11, 1997 between
Oppenheimer Funds, Inc. and Aetna Life Insurance and Annuity
Company(29)
(9) Opinion and Consent of Counsel
(10) Consent of Independent Auditors
(11) Not applicable
(12) Not applicable
(13) Schedule for Computation of Performance Data(5)
(14.1) Powers of Attorney(30)
(14.2) Authorization for Signatures(3)
1. Incorporated by reference to Post-Effective Amendment No. 6 to Registration
Statement on Form N-4 (File No. 33-75986), as filed on April 22, 1996.
2. Incorporated by reference to Registration Statement on Form N-4 (File No.
333-56297), as filed on June 8, 1998.
<PAGE>
3. Incorporated by reference to Post-Effective Amendment No. 5 to Registration
Statement on Form N-4 (File No. 33-75986), as filed on April 12, 1996.
4. Incorporated by reference to Post-Effective Amendment No. 6 to Registration
Statement on Form N-4 (File No. 33-75962), as filed on April 17, 1996.
5. Incorporated by reference to Post-Effective Amendment No. 14 to Registration
Statement on Form N-4 (File No. 33-75962), as filed on April 17, 1998.
6. Incorporated by reference to Post-Effective Amendment No. 11 to Registration
Statement on Form N-4 (File No. 33-75962), as filed on April 14, 1997.
7. Incorporated by reference to Post-Effective Amendment No. 11 to Registration
Statement on Form N-4 (File No. 333-01107), as filed on September 10, 1998.
8. Incorporated by reference to Post-Effective Amendment No. 15 to Registration
Statement on Form N-4 (File No. 33-75962), as filed on September 15, 1998.
9. Incorporated by reference to Post-Effective Amendment No. 13 to Registration
Statement on Form N-4 (File No. 333-01107), as filed on April 7, 1999.
10. Incorporated by reference to Post-Effective Amendment No. 22 to Registration
Statement on Form S-1 (File No. 33-75962), as filed on April 13, 2000.
11. Incorporated by reference to Post-Effective Amendment No. 1 to Registration
Statement on Form S-1 (File No. 33-60477), as filed on April 15, 1996.
12. Incorporated by reference to Post-Effective Amendment No. 12 to Registration
Statement on Form N-4 (File No. 33-75964), as filed on February 11, 1997.
13. Incorporated by reference to Post-Effective Amendment No. 12 to Registration
Statement on Form N-4 (File No. 33-91846), as filed on October 30, 1997.
14. Incorporated by reference to Pre-Effective Amendment No. 1 to Registration
Statement on Form N-4 (File No. 333-56297), as filed on August 4, 1998.
15. Incorporated by reference to Post-Effective Amendment No. 2 to Registration
Statement on Form N-4 (File No. 333-56297), as filed on December 14, 1998.
16. Incorporated by reference to Post-Effective Amendment No. 19 to Registration
Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
17. Incorporated by reference to Post-Effective Amendment No. 20 to Registration
Statement on Form N-4 (File No. 333-01107), as filed on April 4, 2000.
18. Incorporated by reference to Post-Effective Amendment No. 8 to Registration
Statement on Form N-4 (File No. 333-01107), as filed on February 19, 1998.
19. Incorporated by reference to Post-Effective Amendment No. 30 to Registration
Statement on Form N-4 (File No. 33-34370), as filed on September 29, 1997.
20. Incorporated by reference to Post-Effective Amendment No. 16 to Registration
Statement on Form N-4 (File No. 33-75964), as filed on February 9, 1998.
21. Incorporated by reference to Post-Effective Amendment No. 7 to Registration
Statement on Form S-6 (File No. 33-75248), as filed on February 24, 1998.
22. Incorporated by reference to Post-Effective Amendment No. 3 to Registration
Statement on Form N-4 (File No. 33-88720), as filed on June 28, 1996.
23. Incorporated by reference to Post-Effective Amendment No. 22 to Registration
Statement on Form N-4 (File No. 333-01107), as filed on August 14, 2000.
<PAGE>
24. Incorporated by reference to Post-Effective Amendment No. 10 to Registration
Statement on Form N-4 (File No. 33-75992), as filed on December 31, 1997.
25. Incorporated by reference to Post-Effective Amendment No. 22 to Registration
Statement on Form N-4 (File No. 33-34370), as filed on April 22, 1996.
26. Incorporated by reference to Pre-Effective Amendment No. 1 to Registration
Statement on Form N-4 (File No. 333-56297), as filed on August 4, 1998.
27. Incorporated by reference to Post-Effective Amendment No. 4 to Registration
Statement on Form N-4 (File No. 333-56297), as filed on February 16, 1999.
28. Incorporated by reference to Post-Effective Amendment No. 11 to Registration
Statement on Form N-4 (File No. 333-56297), as filed on November 23, 1999.
29. Incorporated by reference to Post-Effective Amendment No. 27 to Registration
Statement on Form N-4 (File No. 33-34370), as filed on April 16, 1997.
30. Incorporated by reference to Post-Effective Amendment No. 16 to Registration
Statement on Form N-4 (File No. 333-56297), as filed on June 26, 2000.
<PAGE>
Item 25. Directors and Officers of the Depositor
<TABLE>
<CAPTION>
Name and Principal
Business Address* Positions and Offices with Depositor
<S> <C>
John Y. Kim Director, President and Chief Investment Officer
Allan Baker Director and Senior Vice President
Catherine H. Smith Director, Senior Vice President and Chief Financial
Officer
Kirk P. Wickman Senior Vice President, General Counsel and Corporate
Secretary
Deborah Koltenuk Vice President, Corporate Controller and Assistant
Treasurer
Brian Murphy Vice President and Chief Compliance Officer
</TABLE>
* 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 26 of Post-Effective Amendment No. 23
to the Registration Statement on Form N-4 (File No. 33-75962), as filed on
August 18, 2000.
Item 27. Number of Contract Owners
-----------------------------------
As of July 31, 2000, there were 602,683 individuals holding interests in
variable annuity contracts funded through Variable Annuity Account C.
Item 28. Indemnification
------------------------
Section 21 of Public Act No. 97-246 of the Connecticut General Assembly (the
"Act") provides that a corporation may provide indemnification of or advance
expenses to a director, officer, employee or agent only as permitted by Sections
33-770 to 33-778, inclusive, of the Connecticut General Statutes, as amended by
Sections 12 to 20, inclusive, of this Act. Reference is hereby made to Section
33-771(e) of the Connecticut General Statutes ("CGS") regarding indemnification
of directors and Section 33-776(d) of CGS regarding indemnification of officers,
employees and agents of Connecticut corporations. These statutes provide in
general that Connecticut corporations incorporated prior to January 1, 1997
shall, except to the extent that their certificate of incorporation expressly
provides otherwise, indemnify their directors, officers, employees and agents
against "liability" (defined as the obligation to pay a judgment, settlement,
<PAGE>
penalty, fine, including an excise tax assessed with respect to an employee
benefit plan, or reasonable expenses incurred with respect to a proceeding) when
(1) a determination is made pursuant to Section 33-775 that the party seeking
indemnification has met the standard of conduct set forth in Section 33-771 or
(2) a court has determined that indemnification is appropriate pursuant to
Section 33-774. Under Section 33-775, the determination of and the authorization
for indemnification are made (a) by the disinterested directors, as defined in
Section 33-770(3); (b) by special counsel; (c) by the shareholders; or (d) in
the case of indemnification of an officer, agent or employee of the corporation,
by the general counsel of the corporation or such other officer(s) as the board
of directors may specify. Also, Section 33-772 provides that a corporation shall
indemnify an individual who was wholly successful on the merits or otherwise
against reasonable expenses incurred by him in connection with a proceeding to
which he was a party because he was a director of the corporation. Pursuant to
Section 33-771(d), in the case of a proceeding by or in the right of the
corporation or with respect to conduct for which the director, officer, agent or
employee was adjudged liable on the basis that he received a financial benefit
to which he was not entitled, indemnification is limited to reasonable expenses
incurred in connection with the proceeding against the corporation to which the
individual was named a party.
The statute does specifically authorize a corporation to procure indemnification
insurance on behalf of an individual who was a director, officer, employer or
agent of the corporation. Consistent with the statute, Aetna Inc. has procured
insurance from Lloyd's of London and several major United States and
international excess insurers for its directors and officers and the directors
and officers of its subsidiaries, including the Depositor.
Item 29. Principal Underwriter
------------------------------
(a) In addition to serving as the principal underwriter and depositor for
the Registrant, Aetna Life Insurance and Annuity Company (Aetna) also
acts as the principal underwriter and investment adviser for Portfolio
Partners, Inc. (a management investment company registered under the
Investment Company Act of 1940 (1940 Act)). Additionally, Aetna acts
as the principal underwriter and depositor for Variable Life Account B
of Aetna, Variable Life Account C of Aetna, Variable Annuity Account B
of Aetna and Variable Annuity Account G of Aetna (separate accounts of
Aetna registered as unit investment trusts under the 1940 Act). Aetna
is also the principal underwriter for Variable Annuity Account I of
Aetna Insurance Company of America (AICA) (a separate account of AICA
registered as a unit investment trust under the 1940 Act).
(b) See Item 25 regarding the Depositor.
<PAGE>
(c) Compensation as of December 31, 1999:
<TABLE>
<CAPTION>
(1) (2) (3) (4) (5)
<S> <C> <C> <C> <C>
Compensation on
Name of Net Underwriting Redemption or Brokerage
Principal Underwriter Discounts and Commissions Annuitization Commissions Compensation*
-------------------- ------------------------- ------------- ----------- -------------
Aetna Life Insurance $5,240,551 $159,707,139
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
and
Opportunity Plus Service Center
18 Corporate Woods Blvd., Fourth Floor
Albany, NY 12211
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 28, 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, [1988 WL 1235221 *13
(S.E.C.)].
(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.
(f) Aetna Life Insurance and Annuity Company represents that the fees and
charges deducted under the contracts covered by this registration
statement, in the aggregate, are reasonable in relation to the
services rendered, the expenses expected to be incurred, and the risks
assumed by the insurance company.
<PAGE>
SIGNATURES
As required by the Securities Act of 1933, 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 to its Registration
Statement on Form N-4 (File No. 33-75962) and has duly caused this
Post-Effective Amendment to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Hartford, State of Connecticut, on the
1st day of September, 2000.
VARIABLE ANNUITY ACCOUNT C OF AETNA
LIFE INSURANCE AND ANNUITY COMPANY
(Registrant)
By: AETNA LIFE INSURANCE AND ANNUITY COMPANY
(Depositor)
By: John Y. Kim*
--------------------------------------------
John Y. Kim
President
As required by the Securities Act of 1933, this Post-Effective Amendment No.
24 to the Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
Signature Title Date
--------- ----- ----
<S> <C> <C>
John Y. Kim* Director and President )
-------------------------------------
John Y. Kim (principal executive officer) )
)
Allan Baker* Director ) September 1,
-------------------------------------
Allan Baker ) 2000
)
Catherine H. Smith* Director and Chief Financial Officer )
-------------------------------------
Catherine H. Smith )
)
Deborah Koltenuk* Corporate Controller )
-------------------------------------
Deborah Koltenuk )
</TABLE>
By: /s/ Julie E. Rockmore
----------------------------------
Julie E. Rockmore
*Attorney-in-Fact
<PAGE>
VARIABLE ANNUITY ACCOUNT C
Exhibit Index
Exhibit No. Exhibit
99-B.9 Opinion and Consent of Counsel
---------------
99-B.10 Consent of Independent Auditors
---------------
