<PAGE>
File No. 33-83240
File No. 811-8726
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No. |_|
-----------
Post-Effective Amendment No. 3 |X|
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |_|
Amendment No. 6 |X|
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(Check appropriate box or boxes)
T. ROWE PRICE VARIABLE ANNUITY ACCOUNT
OF FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK
(Exact Name of Registrant)
First Security Benefit Life Insurance and Annuity Company of New York
(Name of Depositor)
70 West Red Oak Lane, 4th Floor, White Plains, New York 10604
(Address of Depositor's Principal Executive Offices)
Depositor's Telephone Number, Including Area Code:
(914) 697-4748
Copies to:
Roger K. Viola, Secretary and Vice President Jeffrey S. Puretz, Esq.
First Security Benefit Life Insurance and Annuity Dechert Price & Rhoads
Company of New York 1500 K Street, N.W.
700 Harrison Street, Topeka, KS 66636-0001 Washington, DC 20005
(Name and address of Agent for Service)
It is proposed that this filing will become effective:
|_| immediately upon filing pursuant to paragraph (b) of Rule 485
|X| on January 6, 1997, pursuant to paragraph (b) of Rule 485
|_| 60 days after filing pursuant to paragraph (a)(i) of Rule 485
|_| on January 6, 1997, pursuant to paragraph (a)(i) of Rule 485
|_| 75 days after filing pursuant to paragraph (a)(ii) of Rule 485
|_| on January 6, 1997, pursuant to paragraph (a)(ii) 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.
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Pursuant to Regulation 270.24f-2 of the Investment Company Act of 1940 the
Registrant has elected to register an indefinite number of securities. The
Registrant filed the Notice required by 24f-2 on February 28, 1996.
<PAGE>
Cross Reference Sheet
Pursuant to Rule 495(a)
Showing Location in Part A (Prospectus) and Part B
(Statement of Additional Information) of Registration
Statement of Information Required by Form N-4
- --------------------------------------------------------------------------------
PART A
ITEM OF FORM N-4 PROSPECTUS CAPTION
1. Cover Page.................................... Cover Page
2. Definitions................................... Definitions
3. Synopsis...................................... Summary; Expense Table;
Contractual Expenses;
Annual Separate Account
Expenses; Annual
Portfolio Expenses
4. Condensed Financial Information
(a) Accumulation Unit Values.................. Condensed Financial
Information
(b) Performance Data.......................... Performance Information
(c) Additional Financial Information.......... Additional Information;
Financial Statements
5. General Description of Registrant, Depositor,
and Portfolio Companies
(a) Depositor................................. Information about the
Company, the Separate
Account, and the Funds;
First Security Benefit
Life Insurance and
Annuity Company of
New York
(b) Registrant................................ Separate Account;
Information about the
Company, the Separate
Account, and the Funds
(c) Portfolio Company......................... Information about the
Company, the Separate
Account, and the Funds;
The Funds; The Investment
Advisers
(d) Fund Prospectus........................... The Funds
<PAGE>
(e) Voting Rights............................. Voting of Fund Shares
(f) Administrators............................ First Security Benefit
Life Insurance and
Annuity Company of
New York
6. Deductions and Expenses
(a) General................................... Charges and Deductions;
Mortality and Expense
Risk Charge; Premium Tax
Charge; Other Charges;
Guarantee of Certain
Charges; Fund Expenses;
Contract Charges
(b) Sales Load %.............................. N/A
(c) Special Purchase Plan..................... N/A
(d) Commissions............................... N/A
(e) Fund Expenses............................. Fund Expenses
(f) Organization Expenses..................... N/A
7. General Description of Contracts
(a) Persons with Rights....................... The Contract; More About
the Contract; Ownership;
Joint Owners; Contract
Benefits; Fixed Interest
Account; Reports to
Owners
(b) (i) Allocation of Purchase Payments..... Purchase Payments;
Allocation of Purchase
Payments
(ii) Transfers........................... Dollar Cost Averaging
Option; Asset Rebalancing
Option
(iii) Exchanges........................... Exchanges of Contract
Value; Exchanges and
Withdrawals
(c) Changes................................... Substitution of
Investments; Changes to
Comply with Law and
Amendments
(d) Inquiries................................. Contacting the Company
8. Annuity Period................................ Annuity Period; General;
Annuity Options;
Selection of an Option
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9. Death Benefit................................. Death Benefit
10. Purchases and Contract Value
(a) Purchases................................. The Contract; General;
Application for a
Contract; Purchase
Payments; Dollar Cost
Averaging Option; Asset
Rebalancing Option
(b) Valuation................................. Contract Value;
Determination of Contract
Value; Exchanges of
Contract Value; Interest
(c) Daily Calculation......................... Determination of Contract
Value
(d) Underwriter............................... Distribution of the
Contract
11. Redemptions
(a) - By Owners............................... Full and Partial
Withdrawals; Systematic
Withdrawals; Payments
from the Separate
Account; Payments from
the Fixed Interest
Account
- By Annuitant............................ Annuity Options
(b) Texas ORP................................. N/A
(c) Check Delay............................... N/A
(d) Lapse..................................... Full and Partial
Withdrawals
(e) Free Look................................. Free-Look Right
12. Taxes......................................... Federal Tax Matters;
Introduction; Tax Status
of the Company and the
Separate Account; Income
Taxation of Annuities in
General -- Non-Qualified
Plans; Additional
Considerations;
Qualified Plans
13. Legal Proceedings............................. Legal Proceedings; Legal
Matters
14. Table of Contents for the Statement of
Additional Information........................ Statement of Additional
Information
<PAGE>
PART B
ITEM OF FORM N-4 STATEMENT OF ADDITIONAL
INFORMATION CAPTION
15. Cover Page.................................... Cover Page
16. Table of Contents............................. Table of Contents
17. General Information and History............... General Information and
History
18. Services
(a) Fees and Expenses of Registrant........... N/A
(b) Management Contracts...................... N/A
(c) Custodian................................. N/A
Independent Public Accountant............. Independent Auditors
(d) Assets of Registrant...................... N/A
(e) Affiliated Persons........................ N/A
(f) Principal Underwriter..................... N/A
19. Purchase of Securities Being Offered.......... Distribution of the
Contract; Limits on
Premiums Paid Under
Tax-Qualified
Retirement Plans
20. Underwriters.................................. Distribution of the
Contract
21. Calculation of Performance Data............... Performance Information
22. Annuity Payments.............................. N/A
23. Financial Statements.......................... Financial Statements
EXPLANATORY NOTE
This Post-Effective Amendment No. 3 to the Registrant's Registration
Statement under the Securities Act of 1933 and Amendment No. 6 to the
Registrant's Registration Statement under the Investment Company Act of 1940 on
Form N-4 (File Nos. 33-83240 and 811-8726) is being filed pursuant to enactment
of the National Securities Markets Improvement Act of 1996 which amended the
Investment Company Act of 1940 to include ss. 26(e)(2)(A) requiring the
representation included in Item 32, Section (e) of this Amendment. This
Amendment does not affect the Registrant's currently effective Prospectus
(T. Rowe Price Variable Annuity Account of First Security Benefit Life Insurance
and Annuity Company of New York) or Statement of Additional Information, which
are both hereby incorporated by reference as most recently filed pursuant to
Rule 485(b) under the Securities Act of 1933, as amended.
<PAGE>
PART C
OTHER INFORMATION
ITEM 24. FINANCIAL STATEMENTS AND EXHIBITS
---------------------------------
(a) Financial Statements
All required financial statements are included in Part B of this
Registration Statement which is incorporated herein by reference
to Post-Effective Amendment No. 2 to the Registrant's
Registration Statement under the Securities Act of 1933 and
Amendment No. 5 to the Registrant's Registration Statement under
the Investment Company Act of 1940 (File Nos. 33-83240 and
811-8726) as most recently filed pursuant to Rule 485(b) under
the Securities Act of 1933, as amended.
(b) Exhibits
(1) Certified Resolution of the Board of Directors of First
Security Benefit Life Insurance and Annuity Company of New
York authorizing establishment of the Separate Account(a)
(2) Not Applicable
(3) Not Applicable
(4) Sample Contract(b)
(5) Form of Application(b)
(6) (a) Articles of Incorporation of First Security Benefit
Life Insurance and Annuity Company of New York(a)
(b) Bylaws of First Security Benefit Life Insurance and
Annuity Company of New York(a)
(7) Not Applicable
(8) Not Applicable
(9) Not Applicable
(10) Consent of Independent Auditors(b)
(11) Not Applicable
(12) Not Applicable
(13) Schedule of Computation of Performance(b)
(14) Financial Data Schedules(b)
(15) Powers of Attorney of Howard R. Fricke, Jane Boisseau, Roger
K. Viola, Donald J. Schepker, John E. Hayes, Jr., James R.
Schmank, Lee Laino and Katherine White.
(a) Incorporated herein by reference to the Exhibits filed with the
Registrant's Pre-Effective Amendment No. 2, File No. 33-83240 (March 21,
1995).
(b) Incorporated herein by reference to the Exhibits filed with the
Registrant's Post-Effective Amendment No. 2 under the Securities Act of
1933 and Amendment No. 5 under the Investment Company Act of 1940, File No.
33-83240 (January 2, 1997).
<PAGE>
ITEM 25. DIRECTORS AND OFFICERS OF THE DEPOSITOR
NAME AND PRINCIPAL BUSINESS ADDRESS POSITIONS AND OFFICES WITH DEPOSITOR
- ----------------------------------- ------------------------------------
Howard R. Fricke* President, CEO and Director
Peggy S. Avey Assistant Secretary and Chief
70 West Red Oak Lane-4th Floor Administrative Officer
White Plains, New York 10604
Donald J. Schepker* Vice President and Director
James R. Schmank* Director, Vice President
and Treasurer
Roger K. Viola* Secretary, Vice President
and Director
Thomas Gerald Lee* Vice President and Director
Jane Boisseau Director
125 W. 55th Street
New York, NY 10019-5389
John E. Hayes, Jr. Director
P.O. Box 889
Topeka, KS 66601
Lee Laino Director
444 Madison Avenue
New York, NY 10022
Katherine White Director
32 Avenue of the Americas
125 W. 55th Street
New York, NY 10019-5389
Mark E. Young* Assistant Vice President
J. Timothy Gaule* Valuation Actuary
*Located at 700 Harrison Street, Topeka, Kansas 66636.
ITEM 26. PERSONS CONTROLLED BY OR UNDER COMMON CONTROL WITH THE
DEPOSITOR OR REGISTRANT
The Depositor, First Security Benefit Life Insurance and Annuity
Company of New York, is wholly owned by Security Benefit Group, Inc., which is
wholly owned by Security Benefit Life Insurance Company. No one person holds
more than approximately 0.0003% of the voting
<PAGE>
power of SBL. The Registrant is a segregated asset account of First Security
Benefit Life Insurance and Annuity Company of New York.
The following chart indicates the persons controlled by or under
common control with T. Rowe Price Variable Annuity Account of First Security
Benefit Life Insurance and Annuity Company of New York or First Security Benefit
Life Insurance and Annuity Company of New York:
JURISDICTION PERCENT OF VOTING
OF SECURITIES OWNED
NAME INCORPORATION BY SBL
- --------------------------------------------------------------------------------
Security Benefit Life Insurance Company Kansas ----
(Mutual Life Insurance Company)
Security Benefit Group, Inc. Kansas 100%
(Holding Company)
Security Management Company, LLC Kansas 100%
(Investment Adviser)
Security Distributors, Inc. Kansas 100%
(Broker/Dealer, Principal
Underwriter of Mutual Funds)
Security Benefit Academy, Inc. Kansas 100%
(Daycare Company)
Creative Impressions, Inc. Kansas 100%
(Advertising Agency)
Security Benefit Clinic and Hospital Kansas 100%
(Nonprofit provider of hospital
benevolences for fraternal
certificate holders)
First Advantage Insurance Agency, Inc. Kansas 100%
First Security Benefit Life Insurance and Annuity Company of New York
is also the depositor of the following separate accounts: None
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ITEM 27. NUMBER OF CONTRACT OWNERS
As of December 1, 1996, there were 213 owners of T. Rowe Price
Variable Annuity Account of First Security Benefit Life Insurance and Annuity
Company of New York Contracts.
ITEM 28. INDEMNIFICATION
The bylaws of First Security Benefit Life Insurance and Annuity
Company of New York include the following provision:
The Corporation may indemnify any person made, or threatened to be
made, a party to an action by or in the right of the Corporation to procure a
judgment in its favor by reason of the fact that he or she, his or her testator
or intestate, is or was a director or officer of the Corporation, or is or was
serving at the request of the Corporation as a director or officer of any other
corporation of any type or kind, domestic or foreign, of any partnership, joint
venture, trust, employee benefit plan or any other enterprise, against amounts
paid in settlement and reasonable expenses, including attorneys' fees, actually
and necessarily incurred by him or her in connection with the defense or
settlement of such action, or in connection with an appeal therein, if such
director or officer acted, in good faith, for a purpose which he or she
reasonably believed to be in or in the case of service for other corporation or
any partnership, joint venture, trust, employee benefit plan or other
enterprise, not opposed to the best interests of the corporation, except that no
indemnification under this paragraph shall be made in respect of (1) a
threatened action, or a pending action which is settled or otherwise disposed
of, or (2) any claim, issue or matter as to which such person shall have been
adjudged to be liable to the Corporation, unless and only to the extent that the
court in which the action was brought, or, if no action was brought, any court
of competent jurisdiction, determines upon application that, in view of all the
circumstances of the case, the person is fairly and reasonably entitled to
indemnity for such portion of the settlement and expenses as the court deems
proper.
Insofar as indemnification for a liability arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Depositor has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is,
<PAGE>
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment of expenses incurred or paid by a
director, officer or controlling person of the Registrant in the successful
defense of any action, suit or proceeding) is asserted by such director, officer
or controlling person in connection with the securities being registered, the
Depositor will, unless in the opinion of its counsel the matter has been settled
by a controlling precedent, submit to a court of appropriate jurisdiction the
question of whether such indemnification by it is against public policy as
expressed in the Act and will be governed by the final adjudication of such
issue.
ITEM 29. PRINCIPAL UNDERWRITER
(a) T.Rowe Price Investment Services, Inc. ("Investment Services"), a Maryland
corporation formed in 1980 as a subsidiary of T. Rowe Price Associates, Inc.,
serves as distributor of the T. Rowe Price Variable Annuity Account of First
Security Benefit Life Insurance and Annuity Company of New York contracts.
Investment Services receives no compensation for distributing the Contracts.
Investment Services also serves as principal underwriter for the following
investment companies:
T. Rowe Price Growth Stock Fund, Inc.; T. Rowe Price New Horizons Fund, Inc.; T.
Rowe Price New Era Fund, Inc.; T. Rowe Price New Income Fund, Inc.; T. Rowe
Price Growth & Income Fund, Inc.; T. Rowe Price Prime Reserve Fund, Inc.; T.
Rowe Price Tax-Free Income Fund, Inc.; T. Rowe Price Tax-Exempt Money Fund,
Inc.; T. Rowe Price Short-Term Bond Fund, Inc.; T. Rowe Price Tax-Free Insured
Intermediate Bond Fund, Inc.; T. Rowe Price Tax-Free Short-Intermediate Fund,
Inc.; T. Rowe Price High Yield Fund, Inc.; T. Rowe Price Tax-Free High Yield
Fund, Inc.; T. Rowe Price GNMA Fund; T. Rowe Price Equity Income Fund; T. Rowe
Price New America Growth Fund; T. Rowe Price Capital Appreciation Fund; T. Rowe
Price Capital Opportunity Fund, Inc.; T. Rowe Price Science & Technology Fund,
Inc.; T. Rowe Price Health Services Fund, Inc. T. Rowe Price Small-Cap Value
Fund, Inc.; T. Rowe Price U.S. Treasury Funds, Inc. (which includes U.S.
Treasury Money Fund, U.S. Treasury Intermediate Fund and U.S. Treasury Long-Term
Fund); T. Rowe Price State Tax-Free Income Trust (which includes Maryland
Tax-Free Bond Fund, New York Tax-Free Bond Fund, New York Tax-Free
<PAGE>
Money Fund, Virginia Tax-Free Bond Fund, New Jersey Tax-Free Bond Fund, Georgia
Tax-Free Bond Fund, Florida Insured Intermediate Tax-Free Fund, and Maryland
Short-Term Tax-Free Bond Fund); T. Rowe Price California Tax-Free Income Trust
(which includes California Tax-Free Bond Fund and California Tax-Free Money
Fund); T. Rowe Price Index Trust, Inc. (which includes the T. Rowe Price Equity
Index Fund); T. Rowe Price Spectrum Fund, Inc. (which includes the Spectrum
Growth Fund and Spectrum Income Fund); T. Rowe Price Short-Term U.S. Government
Fund, Inc.; T. Rowe Price Value Fund, Inc.; T. Rowe Price Balanced Fund, Inc.;
T. Rowe Price Mid-Cap Growth Fund, Inc.; T. Rowe Price OTC Fund, Inc., (which
includes T. Rowe Price OTC Fund); T. Rowe Price Blue Chip Growth Fund, Inc.; T.
Rowe Price Dividend Growth Fund, Inc.; T. Rowe Price Summit Funds, Inc. (which
includes Summit Cash Reserves Fund, Summit Limited-Term Bond Fund and Summit
GNMA Fund); T. Rowe Price Summit Municipal Funds, Inc. (which includes Summit
Municipal Money Market Fund, Summit Municipal Intermediate Fund, Summit
Municipal Income Fund); T. Rowe Price Corporate Income Fund, Inc.; CUNA Mutual
Funds, Inc. (which includes CUNA Mutual tax-free Intermediate-Term Fund, CUNA
Mutual U.S. Government Income Fund and CUNA Mutual Cornerstone Fund); T. Rowe
Price Equity Series, Inc., (which includes T. Rowe Price Equity Income Portfolio
and T. Rowe Price New America Growth Portfolio and T. Rowe Price Personal
Strategy Balanced Portfolio); T. Rowe Price Fixed Income Series, Inc. (which
includes T. Rowe Price Limited-Term Bond Portfolio); T. Rowe Price International
Series, Inc. (which includes T. Rowe Price International Stock Portfolio);
Personal Strategy Funds, Inc. (which includes T. Rowe Price Personal Strategy
Income Fund, T. Rowe Price Personal Strategy Balanced Fund and Personal Strategy
Growth Fund); T. Rowe Price International Funds, Inc. (which includes the T.
Rowe Price International Stock Fund, T. Rowe Price International Bond Fund, T.
Rowe Price International Discovery Fund, T. Rowe Price European Stock Fund, T.
Rowe Price New Asia Fund, T. Rowe Price Global Government Bond Fund, T. Rowe
Price Japan Fund, T. Rowe Price Short-Term Global Fund, T. Rowe Price Latin
America Fund, T. Rowe Price Emerging Markets Stock Fund, T. Rowe Price Global
Stock Fund, and T. Rowe Price Emerging Markets Bond Fund); Frank
<PAGE>
Russell Investment Securities Fund; the RPF International Bond Fund; and the
Institutional International Funds, Inc. (which includes the Foreign Equity
Fund).
(b)
NAME AND PRINCIPAL POSITION AND OFFICES
BUSINESS ADDRESS* WITH UNDERWRITER
- --------------------------------------------------------------------------------
Mark E. Rayford Director
James S. Riepe President and Director
Patricia M. Archer Vice President
Edward C. Bernard Vice President
Joseph C. Bonasorte Vice President
Meredith C. Callanan Vice President
Laura H. Chasney Vice President
Victoria C. Collins Vice President
Christopher W. Dyer Vice President
Forrest R. Foss Vice President
James W. Graves Vice President
Andrea G. Griffin Vice President
David J. Healy Vice President
Joseph P. Healy Vice President
Walter J. Helmlinger Vice President
Eric G. Knauss Vice President
Henry H. Hopkins Vice President and Director
Douglas G. Kremer Vice President
Sharon R. Krieger Vice President
Keith Wayne Lewis Vice President
David L. Lyons Vice President
Sarah McCafferty Vice President
Maurice Albert Minerbi Vice President
Nancy M. Morris Vice President
George A. Murnaghan Vice President
Steven E. Norwitz Vice President
Kathleen M. O'Brien Vice President
Pamela D. Preston Vice President
Lucy Beth Robins Vice President
John Richard Rockwell Vice President
Monica R. Tucker Vice President
Charles E. Vieth Vice President and Director
William F. Wendler, II Vice President
Terrie L. Westren Vice President
Jane F. White Vice President
Thomas R. Woolley Vice President
Alvin M. Younger, Jr. Treasurer and Secretary
Mark S. Finn Controller
* Unless otherwise indicated, the business address of each of Investment
Services' officers and directors is 100 East Pratt Street, Baltimore,
Maryland 21202.
<PAGE>
(c) Not applicable.
ITEM 30. LOCATION OF ACCOUNTS AND RECORDS
All accounts and records required to be maintained by Section 31(a) of the 1940
Act and the rules under it are maintained by First Security Benefit Life
Insurance and Annuity Company of New York at its administrative offices--70 West
Red Oak Lane, 4th Floor, White Plains, New York 10604.
ITEM 31. MANAGEMENT SERVICES
All management contracts are discussed in Part A or Part B.
ITEM 32. UNDERTAKINGS
(a) Registrant undertakes that it will file a post-effective amendment to this
Registration Statement as frequently as necessary to ensure that the audited
financial statements in the Registration Statement are never more than sixteen
(16) months old for so long as payments under the Variable Annuity contracts may
be accepted.
(b) Registrant undertakes that it will affix to or include a post card as part
of the T. Rowe Price Variable Annuity Account of First Security Benefit Life
Insurance and Annuity Company of New York Prospectus that an applicant can
remove to send for a Statement of Additional Information.
(c) Registrant undertakes to deliver any Statement of Additional Information
and any financial statements required to be made available under this Form
promptly upon written or oral request to First Security Benefit Life Insurance
and Annuity Company of New York at the address or phone number listed in the
prospectus.
(d) Subject to the terms and conditions of Section 15(d) of the Securities
Exchange Act of 1934, the Registrant hereby undertakes to file with the
Securities and Exchange Commission such supplementary and periodic information,
documents, and reports as may be prescribed by any rule or regulation of the
Commission heretofore or hereafter duly adopted pursuant to authority conferred
in that Section.
<PAGE>
(e) Registrant represents that the fees and charges deducted under the
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.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, and the
Investment Company Act of 1940, as amended, the Registrant certifies that it
meets the requirements of Securities Act Rule 485 for effectiveness of this
Registration Statement and has caused this Registration Statement to be signed
on its behalf, in the City of Topeka, and State of Kansas, on this 6th day of
January, 1997.
SIGNATURES AND TITLES
Howard R. Fricke FIRST SECURITY BENEFIT LIFE INSURANCE AND
President and Director ANNUITY COMPANY OF NEW YORK
(THE DEPOSITOR)
Peggy S. Avey By: ROGER K. VIOLA
Assistant Secretary and Chief ---------------------------------------
Administrative Officer Roger K. Viola, Secretary,
Vice President and Director as
Donald L. Schepker Attorney-in-Fact for the Officers
Vice President and Director and Directors Whose Names Appear Opposite
James R. Schmank T. ROWE PRICE VARIABLE ANNUITY ACCOUNT
Director OF FIRST SECURITY BENEFIT LIFE
INSURANCE AND ANNUITY COMPANY OF NEW YORK
Roger K. Viola (THE REGISTRANT)
Assistant Secretary, Vice
President and Director
By: FIRST SECURITY BENEFIT LIFE INSURANCE
John E. Hayes, Jr. AND ANNUITY COMPANY OF NEW
Director YORK (THE DEPOSITOR)
Jane Boisseau By: HOWARD R. FRICKE
Director ---------------------------------------
Howard R. Fricke, President and Director
Lee Laino
Director By: JAMES R. SCHMANK
---------------------------------------
Katherine White James R. Schmank, Vice President
Director and Treasurer
(ATTEST): ROGER K. VIOLA
---------------------------------
Roger K. Viola, Secretary,
Vice President and Director
Date: January 6, 1997
<PAGE>
EXHIBIT INDEX
(1) None
(2) None
(3) None
(4) None
(5) None
(6) (a) None
(b) None
(7) None
(8) None
(9) None
(10) None
(11) None
(12) None
(13) None
(14) None
(15) Powers of Attorney of Howard R. Fricke, Jane Boisseau, Roger K. Viola,
Donald J. Schepker, John E. Hayes, Jr., James R. Schmank, Lee Laino,
and Katherine White.
<PAGE>
POWER OF ATTORNEY
STATE OF KANSAS )
) ss.
COUNTY OF SHAWNEE )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, Roger K. Viola, being a Director of FIRST SECURITY BENEFIT LIFE
INSURANCE AND ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute
and appoint Howard R. Fricke and James R. Schmank, and each of them, my true and
lawful attorneys, each with full power and authority for me and in my name and
behalf to sign Registration Statements, any amendments thereto and any
applications for exemptive relief filed pursuant to the Investment Company Act
of 1940 or the Securities Act of 1933, as amended, and any instrument or
document filed as part thereof, or in connection therewith or in any way related
thereto, in connection with Variable Annuity Contracts offered, issued or sold
by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any T. ROWE PRICE VARIABLE
ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY OF
NEW YORK with like effect as though said Registration Statements and other
documents had been signed and filed personally by me in the capacity aforesaid.
Each of the aforesaid attorneys acting alone shall have all the powers of all of
said attorneys. I hereby ratify and confirm all that the said attorneys, or any
of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 26th day of March, 1996.
Roger K. Viola
---------------------------------------
Roger K. Viola
SUBSCRIBED AND SWORN to before me this 26th day of March, 1996.
Jana R. Selley
---------------------------------------
Notary Public
My Commission Expires:
June 14, 1996
- -------------------------------------
<PAGE>
POWER OF ATTORNEY
STATE OF KANSAS )
) ss.
COUNTY OF SHAWNEE )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, Howard R. Fricke, being a Director of FIRST SECURITY BENEFIT LIFE
INSURANCE AND ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute
and appoint James R. Schmank and Roger K. Viola, and each of them, my true and
lawful attorneys, each with full power and authority for me and in my name and
behalf to sign Registration Statements, any amendments thereto and any
applications for exemptive relief filed pursuant to the Investment Company Act
of 1940 or the Securities Act of 1933, as amended, and any instrument or
document filed as part thereof, or in connection therewith or in any way related
thereto, in connection with Variable Annuity Contracts offered, issued or sold
by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any T. ROWE PRICE VARIABLE
ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY OF
NEW YORK with like effect as though said Registration Statements and other
documents had been signed and filed personally by me in the capacity aforesaid.
Each of the aforesaid attorneys acting alone shall have all the powers of all of
said attorneys. I hereby ratify and confirm all that the said attorneys, or any
of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 26th day of March, 1996.
Howard R. Fricke
---------------------------------------
Howard R. Fricke
SUBSCRIBED AND SWORN to before me this 26th day of March, 1996.
Deborah D. Pryer
---------------------------------------
Notary Public
My Commission Expires:
April 11, 1999
- -------------------------------------
<PAGE>
POWER OF ATTORNEY
STATE OF KANSAS )
) ss.
COUNTY OF SHAWNEE )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, Donald W. Schepker, being a Director of FIRST SECURITY BENEFIT LIFE
INSURANCE AND ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute
and appoint Howard R. Fricke, James R. Schmank and Roger K. Viola, and each of
them, my true and lawful attorneys, each with full power and authority for me
and in my name and behalf to sign Registration Statements, any amendments
thereto and any applications for exemptive relief filed pursuant to the
Investment Company Act of 1940 or the Securities Act of 1933, as amended, and
any instrument or document filed as part thereof, or in connection therewith or
in any way related thereto, in connection with Variable Annuity Contracts
offered, issued or sold by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any
T. ROWE PRICE VARIABLE ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE
AND ANNUITY COMPANY OF NEW YORK with like effect as though said Registration
Statements and other documents had been signed and filed personally by me in the
capacity aforesaid. Each of the aforesaid attorneys acting alone shall have all
the powers of all of said attorneys. I hereby ratify and confirm all that the
said attorneys, or any of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 27th day of March, 1996.
Donald W. Schepker
---------------------------------------
Donald W. Schepker
SUBSCRIBED AND SWORN to before me this 27th day of March, 1996.
Diana L. Feldhausen
---------------------------------------
Notary Public
My Commission Expires:
March 23, 1999
- -------------------------------------
<PAGE>
POWER OF ATTORNEY
STATE OF NEW YORK )
) ss.
COUNTY OF NEW YORK )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, Katherine White, being a Director of FIRST SECURITY BENEFIT LIFE
INSURANCE AND ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute
and appoint Howard R. Fricke, James R. Schmank and Roger K. Viola, and each of
them, my true and lawful attorneys, each with full power and authority for me
and in my name and behalf to sign Registration Statements, any amendments
thereto and any applications for exemptive relief filed pursuant to the
Investment Company Act of 1940 or the Securities Act of 1933, as amended, and
any instrument or document filed as part thereof, or in connection therewith or
in any way related thereto, in connection with Variable Annuity Contracts
offered, issued or sold by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any
T. ROWE PRICE VARIABLE ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE
AND ANNUITY COMPANY OF NEW YORK with like effect as though said Registration
Statements and other documents had been signed and filed personally by me in the
capacity aforesaid. Each of the aforesaid attorneys acting alone shall have all
the powers of all of said attorneys. I hereby ratify and confirm all that the
said attorneys, or any of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of March, 1996.
Katherine White
---------------------------------------
Katherine White
SUBSCRIBED AND SWORN to before me this 29th day of March, 1996.
Patricia Dawson
---------------------------------------
Notary Public
My Commission Expires:
June 30, 1996
- -------------------------------------
<PAGE>
POWER OF ATTORNEY
STATE OF KANSAS )
) ss.
COUNTY OF SHAWNEE )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, John E. Hayes, Jr., being a Director of FIRST SECURITY BENEFIT LIFE
INSURANCE AND ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute
and appoint Howard R. Fricke, James R. Schmank and Roger K. Viola, and each of
them, my true and lawful attorneys, each with full power and authority for me
and in my name and behalf to sign Registration Statements, any amendments
thereto and any applications for exemptive relief filed pursuant to the
Investment Company Act of 1940 or the Securities Act of 1933, as amended, and
any instrument or document filed as part thereof, or in connection therewith or
in any way related thereto, in connection with Variable Annuity Contracts
offered, issued or sold by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any
T. ROWE PRICE VARIABLE ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE
AND ANNUITY COMPANY OF NEW YORK with like effect as though said Registration
Statements and other documents had been signed and filed personally by me in the
capacity aforesaid. Each of the aforesaid attorneys acting alone shall have all
the powers of all of said attorneys. I hereby ratify and confirm all that the
said attorneys, or any of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 28th day of March, 1996.
John E. Hayes, Jr.
---------------------------------------
John E. Hayes, Jr.
SUBSCRIBED AND SWORN to before me this 28th day of March, 1996.
Linda A. Fricke
---------------------------------------
Notary Public
My Commission Expires:
December 28, 1999
- -------------------------------------
<PAGE>
POWER OF ATTORNEY
STATE OF KANSAS )
) ss.
COUNTY OF SHAWNEE )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, James R. Schmank, being a Director of FIRST SECURITY BENEFIT LIFE
INSURANCE AND ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute
and appoint Howard R. Fricke, James R. Schmank and Roger K. Viola, and each of
them, my true and lawful attorneys, each with full power and authority for me
and in my name and behalf to sign Registration Statements, any amendments
thereto and any applications for exemptive relief filed pursuant to the
Investment Company Act of 1940 or the Securities Act of 1933, as amended, and
any instrument or document filed as part thereof, or in connection therewith or
in any way related thereto, in connection with Variable Annuity Contracts
offered, issued or sold by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any
T. ROWE PRICE VARIABLE ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE
AND ANNUITY COMPANY OF NEW YORK with like effect as though said Registration
Statements and other documents had been signed and filed personally by me in the
capacity aforesaid. Each of the aforesaid attorneys acting alone shall have all
the powers of all of said attorneys. I hereby ratify and confirm all that the
said attorneys, or any of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 1st day of April, 1996.
James R. Schmank
---------------------------------------
James R. Schmank
SUBSCRIBED AND SWORN to before me this 1st day of April, 1996.
Jana R. Selley
---------------------------------------
Notary Public
My Commission Expires:
June 14, 1996
- -------------------------------------
<PAGE>
POWER OF ATTORNEY
STATE OF NEW YORK )
) ss.
COUNTY OF NEW YORK )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, Lee Laino, being a Director of FIRST SECURITY BENEFIT LIFE INSURANCE AND
ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute and appoint
Howard R. Fricke, James R. Schmank and Roger K. Viola, and each of them, my true
and lawful attorneys, each with full power and authority for me and in my name
and behalf to sign Registration Statements, any amendments thereto and any
applications for exemptive relief filed pursuant to the Investment Company Act
of 1940 or the Securities Act of 1933, as amended, and any instrument or
document filed as part thereof, or in connection therewith or in any way related
thereto, in connection with Variable Annuity Contracts offered, issued or sold
by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any T. ROWE PRICE VARIABLE
ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY OF
NEW YORK with like effect as though said Registration Statements and other
documents had been signed and filed personally by me in the capacity aforesaid.
Each of the aforesaid attorneys acting alone shall have all the powers of all of
said attorneys. I hereby ratify and confirm all that the said attorneys, or any
of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of March, 1996.
Lee Laino
---------------------------------------
Lee Laino
SUBSCRIBED AND SWORN to before me this 29th day of March, 1996.
Robert J. Whittish
---------------------------------------
Notary Public
My Commission Expires:
December 31, 1996
- -------------------------------------
<PAGE>
POWER OF ATTORNEY
STATE OF NEW YORK )
) ss.
COUNTY OF NEW YORK )
KNOW ALL MEN BY THESE PRESENTS:
THAT I, Jane Boisseau, being a Director of FIRST SECURITY BENEFIT LIFE INSURANCE
AND ANNUITY COMPANY OF NEW YORK, by these presents do make, constitute and
appoint Howard R. Fricke, James R. Schmank and Roger K. Viola, and each of them,
my true and lawful attorneys, each with full power and authority for me and in
my name and behalf to sign Registration Statements, any amendments thereto and
any applications for exemptive relief filed pursuant to the Investment Company
Act of 1940 or the Securities Act of 1933, as amended, and any instrument or
document filed as part thereof, or in connection therewith or in any way related
thereto, in connection with Variable Annuity Contracts offered, issued or sold
by FIRST SECURITY BENEFIT LIFE INSURANCE COMPANY and any T. ROWE PRICE VARIABLE
ANNUITY ACCOUNT OF FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY OF
NEW YORK with like effect as though said Registration Statements and other
documents had been signed and filed personally by me in the capacity aforesaid.
Each of the aforesaid attorneys acting alone shall have all the powers of all of
said attorneys. I hereby ratify and confirm all that the said attorneys, or any
of them, may do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 2nd day of April, 1996.
Jane Boisseau
---------------------------------------
Jane Boisseau
SUBSCRIBED AND SWORN to before me this 2nd day of April, 1996.
Carol O'Shaughnessy
---------------------------------------
Notary Public
My Commission Expires:
April, 1998
- -------------------------------------
