FIRST INVESTORS LIFE VARIABLE ANNUITY FUND A
Supplement to Statement of Additional Information dated April 29, 1996
The following is an amended Appendix I:
APPENDIX I
EXAMPLE A
Formula and Illustration for Determining
the Net Investment Factor for
Separate Account A
Net Investment Factor = A + B
----- - D
C
<TABLE>
<CAPTION>
Where:
<C> <S> <C>
A = The Net Asset Value of a Fund share, plus dividends accrued but not
reinvested, as of the end of the current Valuation Period.
Assume..................................................................... = $8.51000000
B = The per share amount of any dividend or capital gains distribution
reinvested since the end of the immediately preceding Valuation Period.
Assume..................................................................... = 0
C = The Net Asset Value of a Fund share, plus dividends accrued but not
reinvested, as of the end of the immediately preceding Valuation Period.
Assume..................................................................... = $8.39000000
D = The daily deduction for mortality and expense risks, which totals .75% on
an annual basis. On a daily
basis...................................................................... = .00002054
Then, the Net Investment Factor = 8.51000000 + 0 - .00002054.................... = 1.01428220
8.39000000
EXAMPLE B
Formula and Illustration for Determining
Accumulation Unit Value for
Separate Account A
<CAPTION>
Accumulation Unit Value = A x B
Where:
<C> <S> <C>
A = The Accumulation Unit Value for the immediately preceding Valuation
Period.
Assume..................................................................... = $1.46328760
B = The Net Investment Factor for the current Valuation Period.
Assume..................................................................... = 1.01428220
Then, the Accumulation Unit Value = $1.46328760 x 1.01072840.................... = $1.48418657
</TABLE>
February 14, 1997
FIVA297
