Registration No. 333-23019
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM N-3
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | |
Pre-Effective Amendment No. __ | |
Post-Effective Amendment No. 4 |X|
AND/OR
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 | |
Amendment No. __ | |
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THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
(Exact Name of Registrant)
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
(Name of Insurance Company)
1290 Avenue of the Americas, New York, New York 10104
(Address of Insurance Company's Principal Executive Offices)
Insurance Company's Telephone Number, including Area Code: (212) 554-1234
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DODIE KENT
Assistant Vice President and Counsel
The Equitable Life Assurance Society of the United States
1290 Avenue of the Americas, New York, New York 10104
(Name and Address of Agent for Service)
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Please send copies of all communications to:
PETER E. PANARITES
Freedman, Levy, Kroll & Simonds
1050 Connecticut Avenue, N.W., Washington, D.C. 20036
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Approximate Date of Proposed Public Offering: Continuous
It is proposed that this filing will become effective (check
appropriate box):
|_| Immediately upon filing pursuant to paragraph (b) of Rule 485.
|X| On September 1, 2000 pursuant to paragraph (b) of Rule 485.
|_| 60 days after filing pursuant to paragraph (a)(1) of Rule 485.
|_| On (date) pursuant to paragraph (a)(1) of Rule 485.
|_| 75 days after filing pursuant to paragraph (a)(2) of Rule 485.
|_| On (date) pursuant to paragraph (a)(3) of Rule 485.
If appropriate, check the following box:
|_| This post-effective amendment designates a new effective date for
previously filed post-effective amendment.
Title of securities being registered:
Units of interest in separate accounts under variable annuity contracts
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<PAGE>
NOTE
This Post Effective Amendment No. 4 ("PEA") to the Form N-3 Registration
Statement No. 333-23019 ("Registration Statement") of The Equitable Life
Assurance Society of the United States ("Equitable Life") and its Separate
Account Nos. 3,4,10 and 13 is being filed solely for the purpose of including in
the Registration Statement the additions/modifications reflected in the
Supplement. The PEA does not amend or delete the RIA Prospectus or Statement
of Additional Information, dated May 1, 2000 or any other part of the
Registration Statement except as specifically noted herein.
(Parts A, B and C of Post Effective Amendment No. 3 to the Form N-3 Registration
Statement (File No. 333-23019), filed with the Commission on April 26, 2000, are
incorporated by reference.)
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THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES -- SUPPLEMENT DATED
SEPTEMBER 1, 2000 TO THE MAY 1, 2000 PROSPECTUS AND STATEMENT OF ADDITIONAL
INFORMATION ("SAI") FOR RETIREMENT INVESTMENT ACCOUNT
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This supplement modifies certain information in the above-referenced prospectus
and SAI, as supplemented to date (together, the "Prospectus"). Unless otherwise
indicated, all other information included in the Prospectus remains unchanged.
The terms and section headings we use in this supplement have the same meaning
as in the Prospectus.
1. NEW VARIABLE INVESTMENT OPTIONS:
The following is added to the Prospectus under "Fee table":
A. We anticipate making available through Separate Account No. 66 the variable
investment options described below on or about October 23, 2000, subject to
regulatory approval.
<TABLE>
<CAPTION>
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VARIABLE OBJECTIVE INVESTMENT MANAGEMENT 12B-1 OTHER EXPENSES TOTAL
INVESTMENT ADVISOR (1) FEE(2) FEE(3) (AFTER EXPENSE ANNUAL
OPTION LIMITATION) (4) EXPENSES (5)
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<S> <C> <C> <C> <C> <C> <C>
EQ/JANUS LONG-TERM GROWTH IN A JANUS CAPITAL 0.90% 0.25% 0.00% 1.15%
LARGE CAP MANNER THAT IS CORPORATION
GROWTH CONSISTENT WITH
PRESERVATION OF CAPITAL
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FI MID CAP LONG-TERM GROWTH OF FIDELITY 0.70% 0.25% 0.05% 1.00%
CAPITAL MANAGEMENT &
RESEARCH COMPANY
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EQ/AXP NEW LONG-TERM GROWTH OF AMERICAN EXPRESS 0.65% 0.25% 0.05% 0.95%
DIMENSIONS CAPITAL FINANCIAL
CORPORATION
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EQ/AXP LONG-TERM GROWTH OF AMERICAN EXPRESS 0.70% 0.25% 0.05% 1.00%
STRATEGY CAPITAL FINANCIAL
AGGRESSIVE CORPORATION
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</TABLE>
(1) The investment results you achieve in any one of these variable investment
options will depend on the investment performance of the corresponding
Portfolio of the EQ Advisors Trust that shares the same name as that
option. The advisor shown is the advisor who makes the investment decisions
for the Portfolio.
(2) The management fee for each portfolio cannot be increased without a vote of
each portfolio's shareholders.
(3) Portfolio shares are all subject to fees imposed under the distribution
plan (the "Rule 12b-1 Plan") adopted by EQ Advisors Trust pursuant to Rule
12b-1 under the Investment Company Act of 1940. The 12b-1 fee will not be
increased for the life of the contracts.
(4) The amounts shown as "Other Expenses" will fluctuate from year to year
depending on actual expenses. See footnote (5) for any expense limitation
agreements.
(5) Equitable Life, EQ Advisors Trust's manager, has entered into an Expense
Limitation Agreement with respect to these Portfolios that will begin on or
about September 1, 2000 and end on August 30, 2001. Under this agreement,
Equitable Life has agreed to waive or limit its fees and assume other
expenses of each of these Portfolios, if necessary, in an amount that
limits each Portfolio's Total Annual Expenses (exclusive of interest,
taxes, brokerage commissions, capitalized expenditures and extraordinary
expenses) to not more than the amounts specified above under Total Annual
Expenses. Each of these Portfolios will commence operations on or about
September 1, 2000 and we have estimated that absent the expense limitation,
the "Other Expenses" for 2000 on an annualized basis for each of the
portfolios would be: .10% for EQ/Janus Large Cap Growth; and .09% for FI
Mid Cap, EQ/AXP Strategy Aggressive and EQ/AXP New Dimensions. Each
portfolio may at a later date make a reimbursement to Equitable Life for
any of the management fees waived or limited and other expenses assumed and
paid by Equitable Life pursuant to the expense limitation agreement
provided that, among other things, such portfolio has reached sufficient
size to permit such reimbursement to be made and provided that the
portfolio's current annual operating expenses do not exceed the operating
expense limit determined for such portfolio. For more information, see the
prospectus for EQ Advisors Trust.
RIA -127556
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B. Examples with respect to the new variable investment options:
The examples below show the expenses that a plan would pay in the situations
illustrated. We assume a single contribution of $1,000 invested in one of the
Funds listed and a 5% annual return is earned on assets in that Fund. Other than
as indicated in the next sentence, the charges used in the examples are the
maximum charges that can apply under any contract to which this Supplement
relates. For purposes of these examples, the ongoing operations fee is computed
by reference to the actual aggregate ongoing operations fee as a percentage of
total assets by employer plans other than corporate plans. See "About registered
units" under "More Information." These examples assume that no loan has been
taken and do not reflect PRS charges or a charge for premium taxes, none of
which may apply to any particular participant.
<TABLE>
<CAPTION>
IF THE ENTIRE EMPLOYER PLAN BALANCE IS 1 Year 3 Years 5 Years 10 Years
WITHDRAWN AT THE END OF EACH PERIOD ------ ------- ------- --------
SHOWN, THE EXPENSE WOULD BE:
<S> <C> <C> <C> <C>
EQ/Janus Large Cap Growth $ 81.78 $ 116.41 $ 152.48 $ 229.11
FI Mid Cap $ 80.32 $ 111.91 $ 144.84 $ 212.72
EQ/AXP New Dimensions $ 79.83 $ 110.41 $ 142.28 $ 207.20
EQ/AXP Strategy Aggressive $ 80.32 $ 111.91 $ 144.84 $ 212.72
IF THE ENTIRE EMPLOYER PLAN BALANCE IS 1 Year 3 Years 5 Years 10 Years
NOT WITHDRAWN AT THE END OF EACH ------ ------- ------- --------
PERIOD SHOWN, THE EXPENSE WOULD BE:
EQ/Janus Large Cap Growth $ 19.98 $ 61.77 $ 106.10 $ 229.11
FI Mid Cap $ 18.42 $ 57.03 $ 98.11 $ 212.72
EQ/AXP New Dimensions $ 17.90 $ 55.44 $ 95.43 $ 207.20
EQ/AXP Strategy Aggressive $ 18.42 $ 57.03 $ 98.11 $ 212.72
</TABLE>
These examples should not be considered a representation of past or future
expenses for each option. Actual expenses may be greater or less than those
shown. Similarly, the annual rate of return assumed in the examples is not an
estimate or guarantee of future investment performance.
2. VARIABLE INVESTMENT OPTION NAME CHANGES:
Effective October 6, 2000, the name of the Alliance Equity Index variable
investment option has been changed to EQ Equity 500 Index, which reflects the
corresponding name change of the underlying EQ Advisors Trust. All references
to this variable investment option and the corresponding portfolio in the
Prospectus are hereby changed to the new name.
3. T. ROWE PRICE INTERNATIONAL STOCK PORTFOLIO CHANGE IN ADVISOR:
The EQ Advisors Trust Board of Trustees approved T. Rowe Price International,
Inc. as the new advisor for the T. Rowe Price International Stock Portfolio. The
terms and conditions, including fees, of the investment advisory agreement have
not changed. The new advisor is the successor company to the old advisor.
References to Rowe Price-Fleming International, Inc. in each Prospectus are
hereby changed to T. Rowe Price International, Inc.
RIA -127556
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SIGNATURES
As required by the Securities Act of 1933, the Registrant certifies
that it meets the requirements for effectiveness of this amendment to the
Registration Statement pursuant to rule 485(b) under the Securities Act of 1933,
and has caused this amendment to the Registration Statement to be signed on its
behalf, in the City and State of New York, on the 31st day of August, 2000.
THE EQUITABLE LIFE ASSURANCE SOCIETY
OF THE UNITED STATES
(Registrant)
By: /s/ Maureen K. Wolfson
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Maureen K. Wolfson
Vice President
By: THE EQUITABLE LIFE ASSURANCE SOCIETY
OF THE UNITED STATES
(Depositor)
By: /s/ Maureen K. Wolfson
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Maureen K. Wolfson
Vice President
As required by the Securities Act of 1933, this amendment to the
Registration Statement has been signed by the following persons in the
capacities and on the date indicated:
PRINCIPAL EXECUTIVE OFFICERS:
*Michael Hegarty President, Chief Operating Officer
and Director
*Edward D. Miller Chairman of the Board, Chief Executive
Officer and Director
PRINCIPAL FINANCIAL OFFICER:
*Stanley B. Tulin Chairman of the Board, Chief Financial
Officer and Director
PRINCIPAL ACCOUNTING OFFICER:
*Alvin H. Fenichel Senior Vice President and Controller
*DIRECTORS:
Francoise Colloc'h Donald J. Greene George T. Lowy
Henri de Castries John T. Hartley Edward D. Miller
Joseph L. Dionne John H.F. Haskell, Jr. Didier Pineau-Valencienne
Denis Duverne Michael Hegarty George J. Sella, Jr.
Jean-Rene Fourtou Mary R. (Nina) Henderson Peter J. Tobin
Norman C. Francis W. Edwin Jarmain Stanley B. Tulin
Dave H. Williams
*By: /s/ Maureen K. Wolfson
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Maureen K. Wolfson
Attorney-in-Fact
August ____, 2000
