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SUPPLEMENT DATED FEBRUARY 24, 2000
to
PROSPECTUS DATED MAY 1, 1999
for
Flexible Payment Variable Annuity Contract
Issued by
MONY Life Insurance Company of America
MONY America Variable Account A
Effective February 24, 2000 this Supplement updates certain information
contained in your Prospectus. Please read it and keep it with your prospectus
for future reference.
THE SECTION ENTITLED "SURRENDER CHARGE" ON PAGE 33 IS AMENDED BY THE ADDITION OF
A NEW PARAGRAPH AT THE BOTTOM OF THE PAGE TO READ AS FOLLOWS:
If an existing variable annuity contract issued by MONY Life Insurance Company
of America is exchanged for this Contract, a separate effective date will be
assigned to this Contract by endorsement for purposes of determining the amount
of any Surrender Charge. The surrender charge effective date of this Contract
with the endorsement will be the effective date of the existing variable annuity
contract in the following cases:
(a) only when computing surrender charges; and
(b) only when the surrender occurs on or after June 1, 2000.
A separate surrender charge effective date does not apply in states where the
endorsement has not been approved and is not available for contracts issued in
the State of Florida.
Form No. 14426 SL (Supp 2/24/00) Reg. No. 333-59717