<PAGE> PAGE 1
000 A000000 06/30/99
000 C000000 0000355947
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 FRANKLIN LIFE MONEY MKT VAR ANNUITY FUND C
001 B000000 811-3289
001 C000000 2175282011
002 A000000 #1 FRANKLIN SQUARE
002 B000000 SPRINGFIELD
002 C000000 IL
002 D010000 62713
002 D020000 0001
003 000000 N
004 000000 Y
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 THE FRANKLIN LIFE INSURANCE COMPANY
008 B000001 A
008 C000001 801-8076
008 D010001 SPRINGFIELD
008 D020001 IL
008 D030001 62713
008 D040001 0001
010 A000001 THE FRANKLIN LIFE INSURANCE COMPANY
010 B000001 801-8076
010 C010001 SPRINGFIELD
010 C020001 IL
010 C030001 62713
010 C040001 0001
011 A000001 FRANKLIN FINANCIAL SERVICES CORPORATION
011 B000001 8-15847
011 C010001 SPRINGFIELD
011 C020001 IL
011 C030001 62713
<PAGE> PAGE 2
011 C040001 0001
013 A000001 ERNST & YOUNG, LLP
013 B010001 CHICAGO
013 B020001 IL
013 B030001 60606
013 B040001 6301
014 A000001 FRANKLIN FINANCIAL SERVICES CORPORATION
014 B000001 8-15847
015 A000001 STATE STREET BANK & TRUST COMPANY
015 B000001 C
015 C010001 WHEATON
015 C020001 IL
015 C030001 60187
015 C040001 5267
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 3
019 C000000 FLICVARFUN
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 SMITH BARNEY, INC.
022 B000001 13-1912900
022 C000001 1591
022 D000001 49
022 A000002 DAIMLERCHRYSLER NORTH AMERICA HOLDING CORP.
022 B000002 22-1760935
022 C000002 218
022 D000002 0
022 A000003 HOUSEHOLD FINANCE COMPANY
022 B000003 36-1239445
022 C000003 218
022 D000003 0
022 A000004 AMERICAN EXPRESS CREDIT CORPORATION
022 B000004 11-1988350
022 C000004 218
022 D000004 0
022 A000005 CHEVRON USA, INC.
022 B000005 25-0527925
022 C000005 214
022 D000005 0
022 A000006 SEARS ROEBUCK ACCEPTANCE CORPORATION
<PAGE> PAGE 3
022 B000006 51-0080535
022 C000006 214
022 D000006 0
022 A000007 FORD MOTOR CREDIT CORPORATION
022 B000007 38-1612444
022 C000007 208
022 D000007 0
022 A000008 GENERAL MOTORS ACCEPTANCE CORPORATION
022 B000008 38-0572512
022 C000008 144
022 D000008 0
022 A000009 ASSOCIATES CORPORATION OF NORTH AMERICA
022 B000009 74-1494554
022 C000009 144
022 D000009 0
022 A000010 NORWEST FINANCIAL, INC.
022 B000010 42-1186565
022 C000010 144
022 D000010 0
023 C000000 3318
023 D000000 49
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 1
028 A020000 0
028 A030000 0
028 A040000 33
028 B010000 2
028 B020000 0
028 B030000 0
028 B040000 37
028 C010000 1
028 C020000 0
028 C030000 0
<PAGE> PAGE 4
028 C040000 43
028 D010000 1
028 D020000 0
028 D030000 0
028 D040000 30
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 5
028 G020000 0
028 G030000 0
028 G040000 143
028 H000000 5
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.375
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
<PAGE> PAGE 5
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 N
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 Y
054 E000000 Y
054 F000000 Y
054 G000000 Y
054 H000000 Y
054 I000000 Y
054 J000000 Y
054 K000000 Y
054 L000000 Y
054 M000000 Y
054 N000000 Y
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 Y
058 B000000 Y
058 C000000 N
058 D000000 N
058 E000000 N
059 000000 Y
060 A000000 Y
<PAGE> PAGE 6
060 B000000 N
061 000000 360
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 N
<PAGE> PAGE 7
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 4
072 B000000 22
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 2
072 G000000 5
072 H000000 0
072 I000000 0
072 J000000 0
072 K000000 0
072 L000000 0
072 M000000 0
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 0
072 S000000 0
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 0
072 X000000 7
072 Y000000 0
072 Z000000 15
072AA000000 0
072BB000000 0
072CC010000 0
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
<PAGE> PAGE 8
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 0
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 0
074 M000000 0
074 N000000 0
074 O000000 0
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 0
074 S000000 0
074 T000000 0
074 U010000 0
074 U020000 0
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 0
074 Y000000 0
075 A000000 1493
075 B000000 0
076 000000 0.00
077 A000000 Y
077 C000000 Y
077 Q010000 Y
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
<PAGE> PAGE 9
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE ELIZABETH ARTHUR
TITLE SECRETARY
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM REGISTRANT'S
FORM N-SAR FOR THE SIX-MONTH PERIOD ENDING 6-30-99 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7
<AVERAGE-NET-ASSETS> 957
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
</TABLE>
<PAGE>
(Fund C)
ATTACHMENT 77C
MATTER SUBMITTED TO VOTE OF CONTRACT OWNERS
A special meeting of Contract Owners of the Fund was held on April 8, 1999. At
the meeting, an Agreement and Plan of Reorganization was approved whereby,
effective April 30, 1999, Franklin Life Variable Annuity Fund A (1) was renamed
Franklin Life Variable Annuity Fund and restructured as a unit investment trust
comprising three divisions and (2) was combined with Franklin Life Variable
Annuity Fund B and Franklin Life Money Market Variable Annuity Fund C. The
number of votes case for and against, as well as the number of abstentions, is
set forth in the table below.
<TABLE>
<CAPTION>
VOTES:
FOR AGAINST ABSTAIN
------ ------- -------
<S> <C> <C>
29,088 1,689 1,910
</TABLE>
