SSGA FUNDS
497, 1999-01-15
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                                   SSgA FUNDS

                        SUPPLEMENT DATED JANUARY 15, 1999
                      TO PROSPECTUS DATED DECEMBER 28, 1998

                            SSgA LIFE SOLUTIONS FUNDS

To correct a typographical error, the table on page 22 of the above-referenced
prospectus is hereby amended in its entirety to read as follows:

<TABLE>
<CAPTION>
       -----------------------------------------------------------------------------------
       Life Solutions Fund                  Average Indirect Expense Ratios Before and
                                            After Fee Waiver and/or Expense
                                            Reimbursement (%)
       -----------------------------------------------------------------------------------
                                            Before                          After
       -----------------------------------------------------------------------------------
        <S>                                   <C>                             <C> 
        Income and Growth Fund                0.73                            0.57
       -----------------------------------------------------------------------------------
        Balanced Fund                         0.82                            0.64
       -----------------------------------------------------------------------------------
        Growth Fund                           0.87                            0.68
       -----------------------------------------------------------------------------------
</TABLE>


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