<PAGE> PAGE 1
000 A000000 06/30/97
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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SIGNATURE ROBERT J. CAPPELLI
TITLE VICE PRES-TREASURER
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<TABLE> <S> <C>
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<SERIES>
<NUMBER> 003
<NAME> BALANCED FUND
<S> <C>
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<PERIOD-END> JUN-30-1997
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</TABLE>
<TABLE> <S> <C>
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<SERIES>
<NUMBER> 004
<NAME> LONG TERM INCOME FUND
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-1-1997
<PERIOD-END> JUN-30-1997
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 005
<NAME> RETIREMENT INCOME FUND
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-1-1997
<PERIOD-END> JUN-30-1997
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