As filed with the Securities and Exchange Commission on July 31, 1997
Registration No. 33-83120
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER SECURITIES ACT OF 1933 /X/
Pre-Effective Amendment No. ___ / /
Post-Effective Amendment No. 3 /X/
REGISTRATION STATEMENT UNDER THE INVESTMENT / /
COMPANY ACT OF 1940
Amendment No.___ / /
PIA VARIABLE ANNUITY ACCOUNT I
(Exact Name of Registrant)
THE PENN INSURANCE AND ANNUITY COMPANY
(Name of Depositor)
600 Dresher Road
Horsham, Pennsylvania 19044
(Address of Principal Executive Offices of Depositor)
Depositor's Telephone Number: (215) 956-9177
Richard F. Plush
Vice President, Products and Programs
The Penn Insurance and Annuity Company
600 Dresher Road
Horsham, Pennsylvania 19044
(Name and Address of Agent for Service)
Copy to:
Richard W. Grant
C. Ronald Rubley
Morgan, Lewis & Bockius LLP
2000 One Logan Square
Philadelphia, PA 19103-6993
It is proposed that this filing will become effective (check
appropriate box)
[x] immediately upon filing pursuant to paragraph (b) of Rule 485
[ ] on (date) pursuant to paragraph (b) of Rule 485
[ ] 60 days after filing pursuant to paragraph (a) of Rule 485
[ ] on (date) pursuant to paragraph (a) of Rule 485
The registrant has registered an indefinite amount of securities pursuant
to Rule 24f-2 under the Investment Company Act of 1940, as amended. The Rule
24f-2 Notice for the fiscal year ending December 31, 1996 was filed
on February 11, 1997.
1 <PAGE>
<PAGE>
PART A
Information Required in a Prospectus
The Prospectus was filed on April 30, 1997 as Part A of
Post-Effective Amendment No. 2 to this Registration
Statement and is incorporated by reference.
2 <PAGE>
<PAGE>
PART B
Information Required in a Statement of Additional Information
The Statement of Additional Information was filed on
April 30, 1997 as Part B of Post-Effective Amendment No.
2 to this Registration Statement and is incorporated by
reference.
3 <PAGE>
<PAGE>
PART C
Other Information
Part C of this Registration Statement was filed on
April 30, 1997 as Part C of Post-Effective Amendment
No. 2 to this Registration Statement and is
incorporated by reference, except to the extent Item
32 is amended herein.
4 <PAGE>
<PAGE>
Amendment to Item 32
Item 32 of Part C of this Registration Statement is amended to
read as follows:
Item 32. Undertakings
The Penn Insurance and Annuity Company hereby undertakes:
(a) to file a post-effective amendment to this registration
statement as frequently as is necessary to ensure that
the audited financial statements in the registration
statement are never more than 16 months old for so long
as payments under the variable annuity contracts may be
accepted;
(b) to include either (1) as part of any application to
purchase a contract or account offered by the prospectus,
a space that an applicant can check to request a
statement of additional information, or (2) a post card
or similar written communication affixed to or included
in the prospectus that the applicant can remove to send
for a statement of additional information;
(c) to deliver any statement of additional information and
any financial statements required to be made available
under Form N-4 promptly upon written or oral request.
Restrictions on withdrawals under Section 403(b) contracts are
imposed in reliance upon, and in compliance with, a no-action
letter issued by the Chief of the Office of Insurance Products
and Legal Compliance of the Securities and Exchange Commission
to the American Council of Life Insurance on November 28, 1988.
The Penn Insurance and Annuity Company represents that the fees
and charges deducted under the Individual Variable and Fixed
Annuity Contract, in the aggregate, are reasonable in relation
to the services rendered, the expenses expected to be incurred,
and the risks assumed by the Registrant.
5 <PAGE>
<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 Post-Effective Amendment No. 3 of this
Registration Statement and has caused this Post-Effective
Amendment No. 3 to be signed on its behalf, in the Township of
Horsham and Commonwealth of Pennsylvania on this 31st day of
July, 1997.
PIA VARIABLE ANNUITY ACCOUNT I
(Registrant)
By:
/s/Robert E. Chappell
Robert E. Chappell
Chairman of the Board
and President
As required by the Securities Act of 1933, this
Registration Statement has been signed by the following persons,
in the capacities indicated, on the 31st day of July, 1997.
Signature Title
/s/ Robert E. Chappell Chairman of the Board and President
Robert E. Chappell (Principal Executive Officer)
/s/ Nancy S. Brodie Executive Vice President,
Nancy S. Brodie Chief Financial Officer and Director
(Principal Financial Officer)
/s/ Ann M. Strootman Acting Controller
Ann M. Strootman (Principal Accounting Officer)
*L. Stockton Illoway Director
*Richard J. Liburdi Director
*Ernest K. Noll Director
*Rudolph C. Sander Director
*Daniel J. Toran Director
*By : /s/ Robert E. Chappell
Robert E. Chappell, attorney-in-fact
6 <PAGE>
