As filed with the Securities and Exchange Commission on May 20, 1999
Registration No. 33-17428
Registration No. 811-5343
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-4
Registration Statement Under the Securities Act of 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 22
For Registration Under the Investment Company Act of 1940
Amendment No. 44
GE Life & Annuity Separate Account 4
(Exact Name of Registrant)
GE Life and Annuity Assurance Company
(Name of Depositor)
6610 W. Broad Street
Richmond, Virginia 23230
(Address of Depositors Principal Executive Office)
Depositor's Telephone Number: (804) 281-6000
Patricia L. Dysart
Associate General Counsel and Assistant Vice President
GE Life and Annuity Assurance Company
6610 W. Broad Street
Richmond, Virginia 23230
(Name and address of Agent for Service)
Copy to:
Stephen E. Roth, Esquire
Sutherland Asbill & Brennan LLP
1275 Pennsylvania Avenue, N.W.
Washington, D.C. 20004-2415
It is proposed that this filing will become effective:
X immediately upon filing pursuant to paragraph (b) of Rule 485;
__ on May 1, 1999 pursuant to paragraph (b) of Rule 485;
__ 60 days after filing pursuant to paragraph (a)(1) of Rule 485;
__ 75 days after filing pursuant to paragraph (a)(1) of Rule 485;
__ on__ pursuant to paragraph (a)(2) of Rule 485.
Title of Securities Being Registered: Interests in a Separate Account under
Individual Flexible Premium Variable Deferred Annuity Policies.
The sole purpose of this filing is to include additional information to the
Condensed Financial Information section filed with Post Effective Amendment No.
21. All other information, including exhibits of Post-Effective Amendment No. 21
is incorporated herein by reference.
<PAGE>
The following tables are to be included with the existing Condensed Financial
Information and to be placed immediately after this existing information.
Prior to this time, the portfolios of the Funds were not categorized as shown
above.
<TABLE>
<CAPTION>
Accumulation Accumulation No. of Accumulation Accumulation No. of
Unit Values Unit Values Units Unit Values Unit Values Units
as of as of As of as of as of As of
FUNDS 1/01/96 12/31/96 12/31/96 1/03/95 12/31/95 12/31/95
------- -------- -------- ------- -------- --------
<S> <C> <C> <C> <C> <C> <C>
Variable Insurance Products Fund
Equity-Income 26.12 29.50 6,847,454 19.56 26.12 6,942,107
Growth 28.47 32.28 4 831,665 21.27 28.47 5,187,186
Overseas 17.15 19.19 4,069,123 15.82 17.15 4,508,746
Variable Insurance Products Fund II
Asset Manager 18.16 20.57 18,979,975 15.70 18.16 21,993,362
Contrafund@ 13.92 16.68 3,097,501 -- 13.92 2,434,885
Variable Insurance Products Fund III
Growth and Income + -- -- -- -- -- --
Growth Opportunities + -- -- -- -- -- --
GE Investments Funds, Inc.
Money Market 13.61 14.18 2,549,159 13.01 13.61 893,974
Government Securities 16.91 16.94 504,257 14.61 16.91 428,950
S&P 500 Index 25.00 30.77 580,257 18.58 25.00 479,021
Total Return 22.71 24.83 708,065 17.94 22.71 745,501
International Equity@ 10.58 11.50 207,412 -- 10.58 115,562
Real Estate Securities@ 11.61 15.63 204,919 -- 11.61 23,643
Global Income+ -- -- -- -- -- --
Value Equity+ -- -- -- -- -- --
Income Fund -- -- --
Oppenheimer Variable Account Funds
High Income 24.79 28.24 1,358,227 20.83 24.79 1,263,712
Bond 18.71 19.37 941,269 16.17 18.71 952,700
Capital Appreciation 27.84 33.08 2,726,055 21.25 27.84 2,647,993
Growth 24.28 30.04 1,190,622 17.97 24.28 986,685
Multiple Strategies 19.98 22.81 1,640,662 16.66 19.98 1,762,762
Janus Aspen Series
Growth 13.48 15.79 4,764,409 10.48 13.48 4,432,726
Aggressive Growth 17.05 18.19 1,975,818 13.53 17.05 1,965,737
Worldwide Growth 15.00 19.13 4,170,807 11.91 15.00 2,757,216
International Growth+ -- 11.69 474,438 -- -- --
Balanced@ 10.63 12.21 358,807 -- 10.63 111,972
Flexible Income@ 10.50 11.33 118,020 -- 10.50 39,079
Capital Appreciation+ -- -- -- -- -- --
Federated Insurance Series
Federated Utility II@ 12.23 13.48 545,223 -- 12.23 539,628
Federated High Income Bond II@ 11.89 13.43 211,506 -- 11.89 40,814
Federated American Leaders II -- 11.07 75,662 -- -- --
The Alger American Fund
AA Growth@ 9.64 10.79 1,190,674 -- 9.64 261,225
AA Small Capitalization@ 9.38 9.66 1,339,653 -- 9.38 405,791
PBHG Insurance Series Fund, Inc.
Growth II+ -- -- -- -- -- --
Large Cap Growth+ -- -- -- -- -- --
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Accumulation Accumulation No. of Accumulation Accumulation No. of
Unit Values Unit Values Units Unit Values Unit Values Units
as of as of As of as of as of As of
FUNDS 1/03/94 12/31/94 12/31/94 1/04/93 12/31/93 12/31/93
------- -------- -------- ------- -------- --------
<S> <C> <C> <C> <C> <C> <C>
Variable Insurance Products Fund
Equity-Income 18.41 19.56 5,088,608 15.77 18.48 2,727,507
Growth 21.34 21.27 4,641,036 18.07 21.53 2,860,231
Overseas 15.79 15.82 5,128,595 11.55 15.73 1,958,688
Variable Insurance Products Fund II
Asset Manager 16.88 15.70 27,382,848 14.15 16.92 16,848,769
Contrafund@ -- -- -- -- -- --
Variable Insurance Products Fund III
Growth and Income + -- -- -- -- -- --
Growth Opportunities + -- -- -- -- -- --
GE Investments Funds, Inc.
Money Market 12.68 13.01 484,719 12.53 12.68 319,980
Government Securities 15.54 14.61 384,390 14.57 15.61 321,418
S&P 500 Index 18.68 18.58 297,274 16.61 18.80 206,180
Total Return 17.64 17.94 666,497 15.78 17.69 499,779
International Equity@ -- -- -- -- -- --
Real Estate Securities@ -- -- -- -- -- --
Global Income+ -- -- -- -- -- --
Value Equity+ -- -- -- -- -- --
Oppenheimer Variable Account Funds
High Income 21.78 20.83 1,125,497 17.44 21.77 626,211
Bond 16.65 16.17 967,029 14.98 16.68 694,740
Capital Appreciation 22.89 21.25 2,708,975 18.28 23.26 1,133,120
Growth 17.87 17.97 734,287 16.86 18.00 542,964
Multiple Strategies 17.16 16.66 1,797,950 14.98 17.18 1,236,118
Janus Aspen Series
Growth 10.30 10.48 3,183,404 -- 10.31 714,865
Aggressive Growth 11.58 13.53 1,272,142 -- 11.76 159,753
Worldwide Growth 11.91 11.91 2,247,224 -- 11.87 397,768
International Growth+ -- -- -- -- -- --
Balanced@ -- -- -- -- -- --
Flexible Income@ -- -- -- -- -- --
Capital Appreciation+ -- -- -- -- -- --
Federated Insurance Series
Federated Utility II@ -- -- -- -- -- --
Federated High Income Bond II@ -- -- -- -- -- --
Federated American Leaders II -- -- -- -- -- --
The Alger American Fund
AA Growth@ -- -- -- -- -- --
AA Small Capitalization@ -- -- -- -- -- --
PBHG Insurance Series Fund, Inc.
Growth II+ -- -- -- -- -- --
Large Cap Growth+ -- -- -- -- -- --
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Accumulation Accumulation No. of Accumulation Accumulation No. of
Unit Values Unit Values Units Unit Values Unit Values Units
as of as of As of as of as of As of
FUNDS 1/02/92 12/31/92 12/31/92 1/02/91 12/31/91 12/31/91
------- -------- -------- ------- -------- --------
<S> <C> <C> <C> <C> <C> <C>
Variable Insurance Products Fund
Equity-Income 13.65 15.81 1,137,137 10.50 13.68 535,976
Growth 16.86 18.24 1,548,743 11.61 16.88 633,068
Overseas 13.11 11.59 453,762 12.25 13.14 285,089
Variable Insurance Products Fund II
Asset Manager 12.78 14.14 4,024,857 10.54 12.78 866,423
Variable Insurance Products Fund III
Growth and Income + -- -- -- -- -- --
Growth Opportunities + -- -- -- -- -- --
GE Investments Funds, Inc.
Money Market 12.30 12.53 183,658 11.81 12.30 138,705
Government Securities 13.66 14.50 41,985 11.80 13.70 31,891
S&P 500 Index 15.34 16.59 110,635 11.53 15.48 65,450
Total Return 14.72 15.75 253,820 11.71 14.81 91,807
Oppenheimer Variable Account Funds
High Income 14.96 17.42 107,142 11.32 14.96 15,707
Bond 14.16 14.93 384,066 12.25 14.18 245,112
Capital Appreciation 16.19 18.48 467,060 10.50 16.20 114,996
Growth 15.05 16.98 311,016 12.00 15.00 193,160
Multiple Strategies 13.92 14.99 737,957 11.96 13.92 403,277
Janus Aspen Series
Growth -- -- -- -- -- --
Aggressive Growth -- -- -- -- -- --
Worldwide Growth -- -- -- -- -- --
</TABLE>
<TABLE>
<CAPTION>
Accumulation Accumulation No. of Accumulation Accumulation No. of
Unit Values Unit Values Units Unit Values Unit Values Units
as of as of As of as of as of As of
FUNDS 1/01/90 12/31/90 12/31/90 1/01/89 12/31/89 12/31/89
------- -------- -------- ------- -------- --------
<S> <C> <C> <C> <C> <C> <C>
Variable Insurance Products Fund
Equity-Income 12.72 10.53 273,772 10.84 12.57 115,043
Growth 13.60 11.74 215,941 10.36 13.45 50,043
Overseas 12.59 12.29 187,187 10.13 12.65 23,108
Variable Insurance Products Fund II
Asset Manager 10.05 10.55 175,769 10.00** 9.99 12,829
GE Investments Funds, Inc.
Money Market 11.14 11.81 94,296 10.37 11.13* 101,395*
Government Securities 11.25 11.73 24,061 10.32 11.29 10,855
S&P 500 Index 13.33 11.65 52,857 10.58 13.12 39,769
Total Return 12.46 11.76 47,767 10.48 12.37 24,283
Oppenheimer Variable Account Funds
High Income 10.92 11.29 8,768 10.54 10.92 16,907
Bond 11.43 12.20 75,809 10.21 11.43 23,738
Capital Appreciation 12.93 10.59 75,242 10.21 12.88 30,138
Growth 13.49 12.09 88,779 10.91 13.32 47,553
Multiple Strategies 12.44 11.98 336,138 10.80 12.36 127,994
</TABLE>
+ Unit Values are not shown for the Investment Subdivisions investing in these
portfolios as they were not available to Account 4 Owners during the periods
shown.
@ Accumulation Unit Values as of 1/1/95 are not shown for these subdivisions as
they were not available to Account 4 Policyowners at that time.
* For the period from 5/2/88 (the effective date of the Registration Statement
for Account 4) through 12/31/88 the Money Market subdivision investing in Life
of Virginia Series Fund, Inc. (currently GE Investments Funds, Inc.). Money
Market Fund was the only subdivision in which money was invested. On 5/2/88
the accumulation unit value for this portfolio was $10.00. The number of units
outstanding on 12/31/88 was 3,092, and the accumulation unit value on 12/31/88
was $10.36.
**Unit Values for the subdivision investing in Variable Insurance Products Fund
II Asset Manager Portfolio are shown as of 10/3/89, the date this Portfolio
was first offered to Account 4 Policyowners.
^ Amounts include cash with application money held pending Policy acceptance.
<PAGE>
SIGNATURES
As required by the Securities Act of 1933 and the Investment Company Act of
1940, the registrant, GE Life & Annuity Separate Account 4, certifies that it
meets the requirements for effectiveness of this registration statement pursuant
to Rule 485(b) under the Securities Act of 1933 and has duly caused this
amendment to the registration statement to be signed on its behalf by the
undersigned thereunto duly authorized, and its seal to be hereunto affixed and
attested, in the County of Henrico in the Commonwealth of Virginia, on the
19th Day of May, 1999.
GE Life & Annuity Separate Account 4
------------------------------------
(Registrant)
By: /s/ Selwyn L. Flournoy, Jr.
---------------------------
Selwyn L. Flournoy, Jr.
Senior Vice President
GE Life and Annuity Assurance Company of Virginia
GE Life and Annuity Assurance Company of Virginia
------------------------------------------------
(Depositor)
By: /s/ Selwyn L. Flournoy, Jr.
-----------------------------
Selwyn L. Flournoy, Jr.
Senior Vice President
<PAGE>
As required by the Securities Act of 1933, this amendment to the registration
statement has been signed below by the following persons in the capacities and
on the dates indicated.
<TABLE>
<CAPTION>
Signature Title Date
- --------- ----- ----
<S> <C> <C>
RONALD V. DOLAN Director, Chairman of the Board 5/19/99
- -------------------
Ronald V. Dolan
PAMELA S. SCHUTZ Director, Chief Operating Officert 5/19/99
- -------------------
Pamela S. Schutz
/s/ Selwyn L. Flournoy, Jr.
- --------------------------- Director, Senior Vice President 5/19/99
Selwyn L. Flournoy, Jr.
ROBERT D. CHINN Director, Senior Vice President 5/19/99
- -------------------
Robert D. Chinn
RICHARD P. MCKENNY Senior Vice President, Chief Financial Officer 5/19/99
- ------------------
Richard P. McKenny
KELLY GROH Vice President and Controller 5/19/99
- -------------------
Kelly Groh
VICTOR C. MOSES Director 5/19/99
- -------------------
Victor C. Moses
GEOFFREY S. STIFF Director 5/19/99
- -------------------
Geoffrey S. Stiff
By /s/ Selwyn L. Flournoy, Jr.
----------------------------, pursuant to Power of Attorney executed on
April 15, 1999.
</TABLE>
Exhibit 10(b)
Consent of Independent Auditors
<PAGE>
Independent Auditors' Consent
The Board of Directors
GE Life and Annuity Assurance Company
(formerly The Life Insurance Company of Virginia)
GE Life & Annuity Separate Account 4
(formerly Life of Virginia Separate Account 4)
We consent to the use of our reports incorporated herein by reference and to the
reference to our firm under the heading "Experts" in the Statement of Additional
Information.
Our report dated January 22, 1999, contains an explanatory paragraph that states
that effective April 1, 1996 General Electric Capital Corporation acquired all
of the outstanding stock of The Life Insurance Company of Virginia in a business
combination accounted for as a purchase. As a result of the acquisition, the
consolidated financial information for the periods after acquisition is
presented on a different cost basis than that for the periods before the
acquisition and, therefore, is not comparable.
/s/ KPMG LLP
Richmond, VA
May 18, 1999
