As filed with the Securities and Exchange Commission on
June 28, 1994
___________________________________________________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
Pursuant to Section 15(d) of the
Securities Exchange Act of 1934
For the Fiscal Year ended December 31, 1993
LINCOLN NATIONAL CORPORATION
EMPLOYEES' SAVINGS AND PROFIT-SHARING PLAN
(Full title of Plan)
[Current Reg. No. 33-52667]
LINCOLN NATIONAL CORPORATION
200 East Berry Street
Fort Wayne, Indiana 46802
(Name of Issuer and Principal Executive Office)
________________________
FORM 11-K (EMPLOYEES)
TABLE OF CONTENTS
Facing Sheet
Page
Financial Statements 1
Signature 2
EXHIBIT - Consent of Ernst & Young, Independent
Auditors <PAGE>
FORM 11-K (EMPLOYEES)
For the Fiscal year ended December 31, 1993
Financial Statements.
Pursuant to Rule 311 of Regulation S-T and General
Instruction E to
Form 11-K, the required financial statements have been timely
filed in paper
format.
Exhibit Index
Consent of Ernst & Young, Independent Auditors
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934,
the Members of the Lincoln National Corporation Benefits
Investment Committee
have duly caused this annual report to be signed on its behalf by
the
undersigned hereunto duly authorized.
LINCOLN NATIONAL CORPORATION
EMPLOYEES' SAVINGS AND
PROFIT-SHARING
PLAN
Date: 6/28/94 By: /s/ Jon A. Boscia
Jon A. Boscia, Chairman
Lincoln National
Corporation
Benefits Investment
Committee
<PAGE>
EXHIBIT
CONSENT OF ERNST & YOUNG, INDEPENDENT AUDITORS
We consent to the incorporation by reference in the
Registration Statement
(Form S-8 No. 33-52667) pertaining to Lincoln National
Corporation Employees'
Savings and Profit-Sharing Plan of our report dated May 11, 1994,
with respect
to the financial statements of the Lincoln National Corporation
Employees'
Savings and Profit-Sharing Plan included in this Annual Report
(Form 11-K) for
the year ended December 31, 1993.
/s/ Ernst &
Young
Fort Wayne, Indiana
June 23, 1994
