REPORT AS OF THE END OF SEMIANNUAL PERIOD: 06/30/98 (A)
IS THIS A TRANSITION REPORT? N
IS THIS AN AMENDMENT TO A PREVIOUS FILING? Y
1. A) REGISTRANT NAME: TIAA SEPARATE ACCOUNT VA-1
B) FILE NUMBER: 811-8520
C) TELEPHONE NUMBER: 2129164905
2. A) STREET: 730 THIRD AVENUE
B) CITY: NEW YORK C) STATE: NY D) ZIP CODE: 10017 ZIP EXT.:3206
3. Is this the first filing on this form by Registrant? N
4. Is this the last filing by the registrant? N
5. Is Registrant a small business investment company (SBIC)? N
6. Is Registrant a unit investment trust (UIT)? N
7. A) Is Registrant a series or multiple portfolio company? Y
B) How many separate series or portfolios did Registrant have
at the end of the period? 1
C) Series Is this the
Number Series Name last filing?
1 STOCK INDEX ACCOUNT N
DOCUMENT EX-27:
[ARTICLE] 6
[LEGEND]
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS. ALL AMOUNTS ARE IN THOUSANDS, EXCEPT PER SHARE AMOUNTS.
[/LEGEND]
[CIK] 0000923524
[NAME] TIAA SEPARATE ACCOUNT VA-1
[MULTIPLIER] 1,000
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-START] JAN-01-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 469,561
[INVESTMENTS-AT-VALUE] 693,567
[RECEIVABLES] 7,510
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 61
[TOTAL-ASSETS] 701,138
[PAYABLE-FOR-SECURITIES] 1,931
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 1,931
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 0
[SHARES-COMMON-STOCK] 11,081
[SHARES-COMMON-PRIOR] 9,901
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 699,207
[DIVIDEND-INCOME] 4,530
[INTEREST-INCOME] 67
[OTHER-INCOME] 0
[EXPENSES-NET] (1,148)
[NET-INVESTMENT-INCOME] 3,449
[REALIZED-GAINS-CURRENT] 1,654
[APPREC-INCREASE-CURRENT] 79,135
[NET-CHANGE-FROM-OPS] 84,238
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,279
[NUMBER-OF-SHARES-REDEEMED] (99)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 155,476
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 931
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,861
[AVERAGE-NET-ASSETS] 625,911
[PER-SHARE-NAV-BEGIN] 54.917
[PER-SHARE-NII] .330
[PER-SHARE-GAIN-APPREC] 7.855
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 63.102
[EXPENSE-RATIO] .180
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
SIGNATURE ANTHONY V. BETRO
TITLE Administrative Director, Finance and Planning
