As Filed with the Securities and Exchange Commission on November 3, 2000.
-------------------------------------------------------------------------------
File Nos. 333-38176
811-6117
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
POST-EFFECTIVE AMENDMENT NO. 18
AND/OR
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY
ACT OF 1940
AMENDMENT NO. 20
ALLSTATE LIFE OF NEW YORK VARIABLE ANNUITY ACCOUNT II
(Exact Name of Registrant)
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
(Name of Depositor)
ONE ALLSTATE DRIVE
P.O. BOX 9095
FARMINGVILLE, NEW YORK 11738
(Address and Telephone Number of Depositor's Principal Offices)
MICHAEL J. VELOTTA
VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
3100 SANDERS ROAD
NORTHBROOK, ILLINOIS 60062
847/402-2400
(Name, Complete Address and Telephone Number of Agent for Service)
COPIES TO:
CHARLES M. SMITH, JR., ESQUIRE DANIEL J. FITZPATRICK, ESQUIRE
ALLSTATE LIFE INSURANCE COMPANY DEAN WITTER REYNOLDS INC.
OF NEW YORK TWO WORLD TRADE CENTER
3100 SANDERS ROAD, SUITE J5B NEW YORK, NEW YORK 10048
NORTHBROOK, ILLINOIS 60062
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 November 6, 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
IF APPROPRIATE, CHECK THE FOLLOWING BOX:
[__] This post-effective amendment designates a new effective date for a
previously filed post-effective amendment.
TITLE OF SECURITIES BEING REGISTERED: Units of interest in the Allstate Life of
New York Variable Annuity Account II
<PAGE>
Explanatory Note
Registrant is filing this post-effective amendment ("Amendment") for the purpose
of adding a new variable sub-account that will be available under the deferred
variable annuity contracts described in the registration statement and to make
additional nonmaterial changes to the registration statement. The Amendment is
not intended to amend or delete any part of the registration statement, except
as specifically noted herein.
<PAGE>
Allstate Life Insurance Company Of New York
Allstate Life of New York Variable Annuity Account II
Supplement, dated November 6, 2000, to the
Allstate Variable Annuity 3 AssetManager
Prospectus dated September 25, 2000
This supplement amends the above-referenced prospectus for the Allstate Variable
Annuity 3 AssetManager Contracts (the "Contracts"), offered by Allstate Life
Insurance Company of New York, to add a new Variable Sub-Account and to make
additional nonmaterial changes. Please keep this supplement for future reference
together with your prospectus.
Cover page: Replace the second paragraph with the following:
The Contract offers 35 investment alternatives ("investment
alternatives"). The investment alternatives include 3 fixed account
options ("Fixed Account Options") and 32 variable sub-accounts
("Variable Sub-Accounts") of the Allstate Life of New York Variable
Annuity Account II ("Variable Account"). Each Variable Sub-Account
invests exclusively in shares of portfolios ("Portfolios") of the
following mutual funds ("Funds"):
Change all references throughout the prospectus to the availability of
"31" Variable Sub-Accounts to "32" Variable Sub-Accounts, and "34"
investment alternatives to "35" investment alternatives.
Page 8: Insert the following to the chart describing Fund Annual Expenses under
the Section "Morgan Stanley Dean Witter Variable Investment Series (Class Y
Shares)":
<TABLE>
<CAPTION>
---------------------------------- ----------------------- ---------------- -------------- --------------------
<S> <C> <C> <C> <C>
Management Fees 12b-1 Fees Other Total Annual
Portfolio Expenses Portfolio Expenses
---------------------------------- ----------------------- ---------------- -------------- --------------------
---------------------------------- ----------------------- ---------------- -------------- --------------------
Information 0.75% 0.25% 0.0232% 1.0232%
---------------------------------- ----------------------- ---------------- -------------- --------------------
</TABLE>
Page 8: Replace the first sentence of footnote (1) to the chart describing "Fund
Annual Expenses" with the following:
Figures shown in the table are for the year ended December 31, 1999,
unless otherwise noted. Figures for the Information Portfolio, which
commenced operations on November 6, 2000, are based on estimates for
the Portfolio's current fiscal year.
Page 9: Insert the following as footnote (8):
Prior to November 6, 2000, the Information Portfolio had not commenced
operations. Morgan Stanley Dean Witter Advisors Inc. has agreed to
assume all operating expenses (except for brokerage and 12b-1 fees) and
waive the compensation provided in its management agreement with the
Fund until such time as the Portfolio has $50 million in net assets or
until April 5, 2001, whichever occurs first.
Page 10: Insert the following to Example 1:
<TABLE>
<CAPTION>
-------------------------------------------- -------------- -------------- --------------- ----------------
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
<S> <C> <C> <C> <C>
-------------------------------------------- -------------- -------------- --------------- ----------------
-------------------------------------------- -------------- -------------- --------------- ----------------
Information $27 $84 $143 $302
-------------------------------------------- -------------- -------------- --------------- ----------------
Page 11: Insert the following to Example 2:
-------------------------------------------- -------------- -------------- --------------- ----------------
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
-------------------------------------------- -------------- -------------- --------------- ----------------
-------------------------------------------- -------------- -------------- --------------- ----------------
Information $27 $84 $143 $302
-------------------------------------------- -------------- -------------- --------------- ----------------
</TABLE>
Page 16: Insert the following to the table describing the "investment objective"
of each Fund to be included in the section titled "Morgan Stanley Dean Witter
Variable Investment Series":
<TABLE>
<CAPTION>
-------------------------------------------------- ---------------------------------------------------------
Portfolio: Each Porfolio Seeks:
<S> <C>
-------------------------------------------------- ---------------------------------------------------------
-------------------------------------------------- ---------------------------------------------------------
Information Portfolio Long-term capital appreciation
-------------------------------------------------- ---------------------------------------------------------
</TABLE>
<PAGE>
Allstate Life Insurance Company Of New York
Allstate Life of New York Variable Annuity Account II
Supplement, dated November 6, 2000, to the
Allstate Variable Annuity 3 AssetManager
Statement of Additional Information dated September 25, 2000
This supplement amends certain disclosure contained in the above-referenced
Statement of Additional Information ("SAI") for the Allstate Life of New York
Variable Annuity 3 AssetManager Contracts (the "Contracts"), offered by Allstate
Life Insurance Company of New York, to add one new Variable Sub-Account.
In the section entitled "Standardized Total Returns," the last sentence in the
fifth paragraph is deleted and replaced with the following:
No standardized total returns are shown for the Variable Sub-Accounts
marked with an asterisk (*) below which commenced operations on: May 1,
2000; September 25, 2000; or November 6, 2000, as indicated below.
In the table setting forth the dates on which the Variable Sub-Accounts
commenced operations and following the Variable Sub-Account Aggressive Equity,
insert:
Variable Sub-Account Date
Information* November 6, 2000
In the section entitled "Non-Standardized Total Returns," the third sentence in
the sixth paragraph is deleted and replaced with the following:
In addition, no standardized total returns are shown for the Variable
Sub-Accounts which commenced operations on: May 1, 2000; September 25, 2000; and
November 6, 2000, respectively.
In the first table in the section entitled "Adjusted Historical Returns" and
following the Variable Sub-Account Aggressive Equity*, insert:
Variable Sub-Account Inception Date of
Corresponding Portfolio
Information* November 6, 2000
Insert the following to the tables describing Variable Sub-Account performance
for each category of performance shown under Adjusted Historical Returns:
Variable Sub-Account One Year Five Years 10 Years or
Since Inception
MSDW Information N/A N/A N/A
<PAGE>
Allstate Life Insurance Company Of New York
Allstate Life of New York Variable Annuity Account II
Supplement, dated November 6, 2000, to the
Allstate Variable Annuity II
Prospectus dated May 1, 2000
This supplement amends the above-referenced prospectus for the Allstate Variable
Annuity II Contracts (the "Contracts"), offered by Allstate Life Insurance
Company of New York, to add a new Variable Sub-Account and to make additional
nonmaterial changes. Please keep this supplement for future reference together
with your prospectus.
Cover page: Replace the second paragraph with the following:
The Contract offers 36 investment alternatives ("investment
alternatives"). The investment alternatives include 4 fixed account
options ("Fixed Account Options") and 32 variable sub-accounts
("Variable Sub-Accounts") of the Allstate Life of New York Variable
Annuity Account II ("Variable Account"). Each Variable Sub-Account
invests exclusively in shares of portfolios ("Portfolios") of the
following mutual funds ("Funds"):
Change all references throughout the prospectus to the availability of
"31" Variable Sub-Accounts to "32" Variable Sub-Accounts, and "35"
investment alternatives to "36" investment alternatives.
Page 8: Insert the following to the chart describing Fund Annual Expenses under
the Section "Morgan Stanley Dean Witter Variable Investment Series":
<TABLE>
<CAPTION>
---------------------------------- ----------------------- ---------------- -------------- --------------------
Management Fees 12b-1 Fees Other Total Annual
Portfolio Expenses Portfolio Expenses
---------------------------------- ----------------------- ---------------- -------------- --------------------
---------------------------------- ----------------------- ---------------- -------------- --------------------
<S> <C> <C> <C> <C>
Information 0.75% -- 0.0232% 0.7732%
---------------------------------- ----------------------- ---------------- -------------- --------------------
</TABLE>
Page 8: Replace the first sentence of footnote (1) to the chart describing "Fund
Annual Expenses" with the following:
Figures shown are for each Fund's most recently completed fiscal year,
unless otherwise noted. Figures for the Information Portfolio, which
commenced operations on November 6, 2000, are based on estimates for
the Portfolio's current fiscal year.
Page 9: Insert the following as footnote (8):
Prior to November 6, 2000, the Information Portfolio had not commenced
operations. Morgan Stanley Dean Witter Advisors Inc. has agreed to
assume all operating expenses (except for brokerage fees) and waive the
compensation provided in its management agreement with the Fund until
such time as the Portfolio has $50 million in net assets or until April
5, 2001, whichever occurs first.
Page 10: Insert the following to Example 1:
<TABLE>
<CAPTION>
-------------------------------------------- -------------- -------------- --------------- ----------------
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
-------------------------------------------- -------------- -------------- --------------- ----------------
-------------------------------------------- -------------- -------------- --------------- ----------------
<S> <C> <C> <C> <C>
Information $66 $99 $133 $267
-------------------------------------------- -------------- -------------- --------------- ----------------
Page 11: Insert the following to Example 2:
-------------------------------------------- -------------- -------------- --------------- ----------------
Variable Sub-Account 1 Year 3 Years 5 Years 10 Years
-------------------------------------------- -------------- -------------- --------------- ----------------
-------------------------------------------- -------------- -------------- --------------- ----------------
Information $24 $73 $125 $267
-------------------------------------------- -------------- -------------- --------------- ----------------
</TABLE>
Page 16: Insert the following to the table describing the "investment objective"
of each Fund to be included in the section titled "Morgan Stanley Dean Witter
Variable Investment Series":
<TABLE>
<CAPTION>
-------------------------------------------------- ---------------------------------------------------------
Portfolio: Each Portfolio Seeks:
-------------------------------------------------- ---------------------------------------------------------
-------------------------------------------------- ---------------------------------------------------------
<S> <C>
Information Portfolio Long-term capital appreciation
-------------------------------------------------- ---------------------------------------------------------
</TABLE>
Appendix A: Insert "Information" into the list of Variable Sub-Accounts which
had not commenced operations as of the date of this prospectus and for which no
Accumulation Unit data is shown in the sixth sentence of the footnote (*) on
page 36.
Allstate Life Insurance Company Of New York
Allstate Life of New York Variable Annuity Account II
Supplement, dated November 6, 2000, to the
Allstate Variable Annuity II
Statement of Additional Information dated May 1, 2000
This supplement amends certain disclosure contained in the above-referenced
Statement of Additional Information ("SAI") for the Allstate Life of New York
Variable Annuity II Contracts (the "Contracts"), offered by Allstate Life
Insurance Company of New York, to add one new Variable Sub-Account.
In the section entitled "Standardized Total Returns," insert "Information" into
the list of Variable Sub-Accounts which had not commenced operations as of the
date of this prospectus and for which no standardized total returns are shown in
the last sentence.
In the table setting forth the dates on which the Variable Sub-Accounts
commenced operations and following the Variable Sub-Account Aggressive Equity,
insert:
Variable Sub-Account Date
Information November 6, 2000
Insert the following to the tables describing Variable Sub-Account performance
for each category of performance shown under Standardized Total Returns and
under Non-Standardized Total Returns:
Variable Sub-Account One Year Five Years 10 Years or
Since Inception
MSDW Information N/A N/A N/A
In the section entitled "Non-Standardized Total Returns," insert "Information"
into the list of Variable Sub-Accounts which had not commenced operations as of
the date of this prospectus and for which no non-standardized annualized total
returns are shown in the last sentence.
In the first table in the section entitled "Adjusted Historical Returns" and
following the Variable Sub-Account Aggressive Equity, insert:
Variable Sub-Account Inception Date of
Corresponding Portfolio
Information November 6, 2000
Insert the following to the tables describing Variable Sub-Account performance
for each category of performance shown under Adjusted Historical Returns:
Variable Sub-Account One Year Five Years 10 Years or
Since Inception
Information N/A N/A N/A
<PAGE>
PART C
OTHER INFORMATION
Part C is hereby amended to include the following exhibits:
Item 24(b) Exhibits:
(9) Opinion of Michael J. Velotta, Vice President, Secretary and
General Counsel of Allstate Life Insurance Company
<PAGE>
SIGNATURES
As required by the Securities Act of 1933 and the Investment Company Act of
1940, the Registrant certifies that it meets the requirements of Securities Act
Rule 485(b) for effectiveness of this Amended Registration Statement and has
caused this Amended Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, all in the Township of Northfield, State
of Illinois, on the 1st day of November, 2000.
ALLSTATE LIFE OF NEW YORK
VARIABLE ANNUITY ACCOUNT II
(REGISTRANT)
BY: ALLSTATE LIFE INSURANCE COMPANY
OF NEW YORK
(DEPOSITOR)
By: /s/Michael J. Velotta
-------------------------
Michael J. Velotta
Vice President, Secretary and
General Counsel
As required by the Securities Act of 1933, this Registration Statement has been
duly signed below by the following Directors and Officers of Allstate Life
Insurance Company of New York on the 1st day of November, 2000.
*/THOMAS J. WILSON, II President and Director
Thomas J. Wilson, II (Principal Executive Officer)
/s/ MICHAEL J. VELOTTA Vice President, Secretary, General
Michael J. Velotta Counsel and Director
*/KEVIN R. SLAWIN Vice President
Kevin R. Slawin (Principal Financial Officer)
*/SAMUEL H. PILCH Controller
Samuel H. Pilch (Principal Accounting Officer)
*/MARCIA D. ALAZRAKI Director
Marcia D. Alazraki
*/MARGARET G. DYER Director
Margaret G. Dyer
*/MARLA G. FRIEDMAN Director and Vice President
Marla G. Friedman
*/VINCENT A. FUSCO Director and Chief Operations
Vincent A. Fusco Officer
*/CLEVELAND JOHNSON, JR. Director
Cleveland Johnson, Jr.
*/JOHN C. LOUNDS Director
John C. Lounds
*/J. KEVIN MCCARTHY Director
J. Kevin McCarthy
*/KENNETH R. O'BRIEN Director
Kenneth R. O'Brien
*/JOHN R. RABEN, JR. Director
John R. Raben, Jr.
*/SALLY A. SLACKE Director
Sally A. Slacke
*/STEVEN C. VERNEY Director
Steven C. Verney
*/PATRICIA W. WILSON Director and Vice President
Patricia W. Wilson
*/By Michael J. Velotta, pursuant to Power of Attorney, previously filed.
