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Brighthouse Separate Account A, et al. – ‘485BPOS’ on 4/16/21

On:  Friday, 4/16/21, at 2:33pm ET   ·   Effective:  4/30/21   ·   Accession #:  1193125-21-119109   ·   File #s:  811-03365, 333-200261

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:9.9M                                   Donnelley … Solutions/FABrighthouse Separate Account A Series C (offered between September 4, 2001 & October 7, 2011)

Post-Effective Amendment of a Form N-1 or N-1A Registration   —   Rule 485(b)
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 485BPOS     Series C Post-Effective Amendment No. 8             HTML   2.14M 
 2: EX-99.10    Consent of Independent Registered Public            HTML      5K 
                Accounting Firm                                                  
 3: EX-99.13    Powers of Attorney                                  HTML    111K 


‘485BPOS’   —   Series C Post-Effective Amendment No. 8
Document Table of Contents

Page (sequential)   (alphabetic) Top
 
11st Page  –  Filing Submission
"Table of Contents
"Index of Special Terms
"Highlights
"Fee Tables and Examples
"The Annuity Contract
"Purchase
"Purchase Payments
"Termination for Low Account Value
"Allocation of Purchase Payments
"Investment Allocation Restrictions for Certain Riders
"Free Look
"Accumulation Units
"Account Value
"Replacement of Contracts
"Investment Options
"Investment Portfolios That Are Funds-of-Funds
"Transfers
"Dollar Cost Averaging Program (DCA)
"Automatic Rebalancing Program
"Voting Rights
"Substitution of Investment Options
"Expenses
"Product Charges
"Death Benefit-Rider Charge
"Account Fee
"Guaranteed Minimum Income Benefit -- Rider Charge
"Lifetime Withdrawal Guarantee and Guaranteed Withdrawal Benefit -- Rider Charge
"Guaranteed Minimum Accumulation Benefit -- Rider Charge
"Withdrawal Charge
"Premium and Other Taxes
"Transfer Fee
"Income Taxes
"Investment Portfolio Expenses
"Annuity Payments(The Income Phase)
"Annuity Date
"Annuity Payments
"Annuity Options
"Variable Annuity Payments
"Fixed Annuity Payments
"Access to Your Money
"Systematic Withdrawal Program
"Suspension of Payments or Transfers
"Living Benefits
"Overview of Living Benefit Riders
"Guaranteed Income Benefits
"Description of GMIB Max I
"Description of GMIB Plus III
"Description of GMIB Plus II
"Description of GMIB Plus I
"Description of GMIB II
"Description of GMIB I
"Guaranteed Withdrawal Benefits
"Description of the Lifetime Withdrawal Guarantee II
"Description of the Lifetime Withdrawal Guarantee I
"Description of the Enhanced Guaranteed Withdrawal Benefit
"Guaranteed Minimum Accumulation Benefit
"Performance
"Death Benefit
"Upon Your Death
"Standard Death Benefit -- Principal Protection
"Optional Death Benefit -- Annual Step-Up
"Optional Death Benefit -- EDB Max I
"Optional Death Benefit -- Enhanced Death Benefit II
"Description of Enhanced Death Benefit I
"Optional Death Benefit -- Compounded-Plus
"Additional Death Benefit -- Earnings Preservation Benefit
"General Death Benefit Provisions
"Spousal Continuation
"Death of the Annuitant
"Controlled Payout
"Federal Income Tax Status
"Non-Qualified Contracts
"Qualified Contracts
"Other Information
"Brighthouse Life Insurance Company
"The Separate Account
"Distributor
"Selling Firms
"Requests and Elections
"Ownership
"Legal Proceedings
"Financial Statements
"Table of Contents of the Statement of Additional Information
"Appendix A
"Condensed Financial Information
"Appendix B
"Participating Investment Portfolios
"Appendix C
"Guaranteed Minimum Income Benefit Examples
"Appendix D
"Guaranteed Withdrawal Benefit Examples
"Appendix E
"Death Benefit Examples
"Services
"Independent Registered Public Accounting Firm
"Custodian
"Distribution
"Performance Information
"Historical Unit Values
"Reporting Agencies
"Annuity Provisions
"Variable Annuity
"Fixed Annuity
"Mortality and Expense Guarantee
"Legal or Regulatory Restrictions on Transactions
"Additional Federal Tax Considerations

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  Series C Post-Effective Amendment No. 8  
As filed with the Securities and Exchange Commission on April 16, 2021
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933  
Pre-Effective Amendment No.
Post-Effective Amendment No. 8
and  
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940  
Amendment No. 740
(Check Appropriate Box or Boxes)
Brighthouse Separate Account A
(Exact Name of Registrant)
Brighthouse Life Insurance Company
(Name of Depositor)
11225 North Community House Road
Charlotte, NC 28277
(Address of Depositor's Principal Executive Offices) (Zip Code)
Depositor's Telephone Number, including Area Code
(980) 365-7100
(Name and Address of Agent for Service)
Brighthouse Life Insurance Company
c/o The Corporation Trust Company
1209 Orange Street
Corporation Trust Center
New Castle County
Wilmington, DE 19801
(302) 658-7581
Copies to:
W. Thomas Conner
Vedder Price
1401 I Street NW, Suite 1100
Washington, DC 2005
Approximate Date of Proposed Public Offering: On April 30, 2021 or as soon thereafter as practicable.
It is proposed that this filing will become effective (check appropriate box):
immediately upon filing pursuant to paragraph (b) of Rule 485.
on April 30, 2021 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: Interest in a separate account under individual flexible premium deferred variable annuity contracts.


BRIGHTHOUSE LIFE INSURANCE COMPANY
BRIGHTHOUSE SEPARATE ACCOUNT A
BRIGHTHOUSE VARIABLE ANNUITY ACCOUNT C
BRIGHTHOUSE LIFE INSURANCE COMPANY OF NY
BRIGHTHOUSE VARIABLE ANNUITY ACCOUNT B
SUPPLEMENT DATED APRIL 30, 2021
TO
THE PROSPECTUSES DATED APRIL 30, 2021,
APRIL 30, 2012 (AS SUPPLEMENTED),
MAY 1, 2011 (AS SUPPLEMENTED),
AND MAY 1, 2009 (AS SUPPLEMENTED)
This supplement applies to the following prospectuses:
the prospectus dated April 30, 2021 for the Series C (offered between September 4, 2001 and October 7, 2011) variable annuity contracts issued by Brighthouse Life Insurance Company;
the prospectus dated April 30, 2012 (as supplemented) for the Series C (offered on and after October 7, 2011) variable annuity contracts issued by Brighthouse Life Insurance Company;
the prospectus dated May 1, 2009 (as supplemented) for the Class C variable annuity contracts issued by Brighthouse Life Insurance Company; and
the prospectus dated May 1, 2011 (as supplemented) for the Class C (offered between September 4, 2001 and October 7, 2011) variable annuity contracts issued by Brighthouse Life Insurance Company of NY (collectively with Brighthouse Life Insurance Company, the “Companies”).
Effective as of March 19, 2002 (October 31, 2002 for Brighthouse Life Insurance Company of NY), the Companies suspended any allocations and/or transfers to the Fixed Account under the Series C and Class C contracts during the Accumulation Phase. This suspension is based on the authority granted to the Companies under the terms of the contracts and on the fact that the interest rate currently credited on Account Values allocated or transferred to the Fixed Account equals the minimum guaranteed interest rate. (See “Purchase Allocation of Purchase Payments” and “Investment Options Transfers” in the Prospectuses, and your contract.) This suspension will terminate at the discretion of the Companies or at such time as the Companies declare an interest rate to be credited on allocations and transfers to the Fixed Account in excess of the minimum guaranteed rate.
Series/Class C
SUPP-FXC21


BRIGHTHOUSE LIFE INSURANCE COMPANY
BRIGHTHOUSE SEPARATE ACCOUNT A
SUPPLEMENT DATED APRIL 30, 2021
TO THE PROSPECTUSES DATED APRIL 30, 2021
For contracts issued on or after November 13, 2006 (or a later date, subject to state approval), this supplement describes the Annuity Date provision under the contract offered by the selling firm to which your account representative is associated. This supplement applies to the following variable annuity contracts issued by Brighthouse Life Insurance Company (“we,” “us,” or “our”): Series VA (offered between March 22, 2001 and October 7, 2011), Series C (offered between September 4, 2001 and October 7, 2011), 3-year Series L, and Series XC. This supplement provides information in addition to that contained in the prospectus dated April 30, 2021 for the contract. It should be read in its entirety and kept together with your prospectus for future reference. If you would like another copy of the prospectus, write to us at P.O. Box 305075, Nashville, TN 37230-5075 or call us at (888) 243-1932 to request a free copy.
Certain terms used in this supplement have special meanings. If a term is not defined in this supplement, it has the meaning given to it in the prospectus.
Annuity Date
In the “ANNUITY PAYMENTS (THE INCOME PHASE) — Annuity Date” section of the prospectus, replace the second and third paragraphs with the following:
When you purchase the contract, the Annuity Date will be the later of the first day of the calendar month after the Annuitant’s 90th birthday or ten (10) years from the date your contract was issued. You can change or extend the Annuity Date at any time before the Annuity Date with 30 days prior notice to us. However, if you have bought your contract through the selling firm to which your account representative is associated, you cannot extend your Annuity Date to a date beyond age 95 of the Annuitant unless your contract is held through a custodial account, such as an IRA held in a custodial account (see “Other Information — Annuitant” for the definition of Annuitant and permitted changes of the Annuitant).
Please be aware that once your contract is annuitized, you are ineligible to receive the death benefit you have selected. Additionally, if you have elected a living benefit rider such as a Guaranteed Withdrawal Benefit, a Guaranteed Minimum Income Benefit, or the Guaranteed Minimum Accumulation Benefit, and the rider continues in effect at the time of annuitization, annuitizing your contract terminates the rider, including any death benefit provided by the rider and any Guaranteed Principal Adjustment (for the Lifetime Withdrawal Guarantee riders, the Guaranteed Minimum Income Benefit Plus riders, and the GMIB Max I rider) or Guaranteed Accumulation Payment (for the Guaranteed Minimum Accumulation Benefit rider) that may also be provided by the rider. For a Guaranteed Withdrawal Benefit rider where annuitization must occur no later than age 95 of the Annuitant, there are several annuity income options to choose from during the Income Phase of which you should be aware. See “Living Benefits — Description of the Lifetime Withdrawal Guarantee II — Lifetime Withdrawal Guarantee and Annuitization” and “Living Benefits — Description of the Enhanced Guaranteed Withdrawal Benefit — Enhanced GWB and Annuitization” in the prospectus.
THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE
Telephone: 888-243-1932
SUPP-MLFAN0421


The Variable Annuity Contract
issued by
Brighthouse Life Insurance Company
and
Brighthouse Separate Account A
Series C
(offered between September 4, 2001 and October 7, 2011)
This prospectus describes the flexible premium deferred variable annuity contract offered by Brighthouse Life Insurance Company (BLIC, the Company, or we or us). The contract is offered for individuals and some tax qualified and non-tax qualified retirement plans. Currently the contract is not available for new sales.
The annuity contract has 60 investment choices — a Fixed Account that offers an interest rate guaranteed by us, and 59 Investment Portfolios listed below.
  
Brighthouse Funds Trust I
AB Global Dynamic Allocation Portfolio (Class B)*
American Funds® Balanced Allocation Portfolio (Class C)
American Funds® Growth Allocation Portfolio (Class C)
American Funds® Growth Portfolio (Class C)
American Funds® Moderate Allocation Portfolio (Class C)
AQR Global Risk Balanced Portfolio (Class B)*
BlackRock Global Tactical Strategies Portfolio (Class B)*
BlackRock High Yield Portfolio (Class B)
Brighthouse Asset Allocation 100 Portfolio (Class B)
Brighthouse Balanced Plus Portfolio (Class B)*
Brighthouse Small Cap Value Portfolio (Class B)
Brighthouse/Aberdeen Emerging Markets Equity Portfolio (Class B)
Brighthouse/Eaton Vance Floating Rate Portfolio (Class B)
Brighthouse/Franklin Low Duration Total Return Portfolio (Class B)
Brighthouse/Templeton International Bond Portfolio (Class B)#
Clarion Global Real Estate Portfolio (Class B)
Harris Oakmark International Portfolio (Class B)
Invesco Balanced-Risk Allocation Portfolio (Class B)*
Invesco Comstock Portfolio (Class B)
Invesco Small Cap Growth Portfolio (Class B)
JPMorgan Core Bond Portfolio (Class B)
JPMorgan Global Active Allocation Portfolio (Class B)*
Loomis Sayles Global Allocation Portfolio (Class B)
Loomis Sayles Growth Portfolio (Class B)
MetLife Multi-Index Targeted Risk Portfolio (Class B)*
MFS® Research International Portfolio (Class B)
PanAgora Global Diversified Risk Portfolio (Class B)*
PIMCO Inflation Protected Bond Portfolio (Class B)
PIMCO Total Return Portfolio (Class B)
Schroders Global Multi-Asset Portfolio (Class B)*
SSGA Growth and Income ETF Portfolio (Class B)
SSGA Growth ETF Portfolio (Class B)
T. Rowe Price Large Cap Value Portfolio (Class B)
T. Rowe Price Mid Cap Growth Portfolio (Class B)
Victory Sycamore Mid Cap Value Portfolio (Class B)
Wells Capital Management Mid Cap Value Portfolio (Class B)
Western Asset Management Government Income Portfolio (Class B)*
Brighthouse Funds Trust II
Baillie Gifford International Stock Portfolio (Class B)
BlackRock Ultra-Short Term Bond Portfolio (Class B)
Brighthouse Asset Allocation 20 Portfolio (Class B)
Brighthouse Asset Allocation 40 Portfolio (Class B)
Brighthouse Asset Allocation 60 Portfolio (Class B)
Brighthouse Asset Allocation 80 Portfolio (Class B)
Brighthouse/Artisan Mid Cap Value Portfolio (Class B)
Brighthouse/Dimensional International Small Company Portfolio (Class B)
Brighthouse/Wellington Core Equity Opportunities Portfolio (Class B)
Frontier Mid Cap Growth Portfolio (Class B)
Jennison Growth Portfolio (Class B)
MetLife Aggregate Bond Index Portfolio (Class G)*
MetLife Mid Cap Stock Index Portfolio (Class G)
MetLife MSCI EAFE® Index Portfolio (Class G)
MetLife Russell 2000® Index Portfolio (Class G)
MetLife Stock Index Portfolio (Class B)
MFS® Value Portfolio (Class B)
Neuberger Berman Genesis Portfolio (Class B)
1

 


T. Rowe Price Large Cap Growth Portfolio (Class B)
VanEck Global Natural Resources Portfolio (Class B)#
Western Asset Management Strategic Bond Opportunities Portfolio (Class B)
Western Asset Management U.S. Government Portfolio (Class B)
* If you elect the GMIB Max I rider and/or the EDB Max I rider, you must allocate your Purchase Payments and Account Value among these Investment Portfolios. (See “Purchase — Investment Allocation Restrictions for Certain Riders.”) These Investment Portfolios are also available for investment if you do not elect the GMIB Max I rider and/or the EDB Max I rider.
# This portfolio is only available for investment if certain optional riders are elected. (See “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”)
Please read this prospectus before investing and keep it on file for future reference. It contains important information about the BLIC Variable Annuity Contract.
To learn more about the BLIC Variable Annuity Contract, you can obtain a copy of the Statement of Additional Information (SAI) dated April 30, 2021. The SAI has been filed with the Securities and Exchange Commission (SEC) and is legally a part of the prospectus. The SEC maintains a Web site (http://www.sec.gov) that contains the SAI, material incorporated by reference, and other information regarding companies that file electronically with the SEC. The Table of Contents of the SAI is on Page 111 of this prospectus. For a free copy of the SAI, call us at (888) 243-1932, visit our website at www.brighthousefinancial.com, or write to us at: P.O. Box 305075, Nashville, TN 37230-5075.
The contracts:
are not bank deposits
are not FDIC insured
are not insured by any federal government agency
are not guaranteed by any bank or credit union
may be subject to loss of principal
The Securities and Exchange Commission has not approved or disapproved these securities or determined if this prospectus is accurate or complete. Any representation to the contrary is a criminal offense.
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INDEX OF SPECIAL TERMS
Because of the complex nature of the contract, we have used certain words or terms in this prospectus which may need an explanation. We have identified the following as some of these words or terms. The page that is indicated here is where you will find the best explanation for the word or term. These words and terms are in italics on the indicated page.
Page
Account Value.................................................................26
Accumulation Phase........................................................17
Accumulation Unit..........................................................25
Annual Benefit Payment......................................67 and 73
Annuitant......................................................................110
Annuity Date..................................................................39
Annuity Options.............................................................40
Annuity Payments...........................................................39
Annuity Service Center......................................................8
Annuity Units..................................................................40
Beneficiary....................................................................110
Benefit Base.....................................................................73
Business Day...................................................................19
Contract Year.................................................................18
Death Benefit Base..............................................82 and 87
Fixed Account.................................................................17
Free Look........................................................................25
Good Order..................................................................108
Guaranteed Accumulation Amount.................................78
Guaranteed Principal Adjustment...................................69
Guaranteed Withdrawal Amount....................................74
GWB Withdrawal Rate...................................................73
Income Base........................................................47 and 53
Income Phase..................................................................17
Investment Portfolios......................................................26
Joint Owners.................................................................110
Owner...........................................................................110
Purchase Payment...........................................................18
Remaining Guaranteed Withdrawal Amount..................66
Separate Account..........................................................106
Total Guaranteed Withdrawal Amount...........................65
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HIGHLIGHTS
The variable annuity contract that we are offering is a contract between you, the Owner, and us, the insurance company, where you agree to make at least one Purchase Payment to us and we agree to make a series of Annuity Payments at a later date. The contract has a maximum issue age and you should consult with your financial representative. The contract provides a means for investing on a tax-deferred basis in our Fixed Account and the Investment Portfolios. The contract is intended for retirement savings or other long-term investment purposes. When you purchase the contract, you can choose an optional death benefit and fixed and variable income options. You can also select a guaranteed minimum income benefit (GMIB), a guaranteed withdrawal benefit (GWB), or a guaranteed minimum accumulation benefit (GMAB). We are obligated to pay all money we owe under the contracts, including death benefits, income payments, and any guaranteed amounts due under a GMIB, GWB, or GMAB. Any such amount that exceeds the assets in the Separate Account is paid from our general account, subject to our financial strength and claims-paying ability and our long-term ability to make such payments, and is not guaranteed by any other party. (See “Other Information — The Separate Account.”)
The contract, like all deferred annuity contracts, has two phases: the Accumulation Phase and the Income Phase. During the Accumulation Phase, earnings accumulate on a tax-deferred basis and are taxed as income when you make a withdrawal. If you make a withdrawal during the Accumulation Phase, we do not assess a withdrawal charge. Certain withdrawals, depending on the amount and timing, may negatively impact the benefits and guarantees provided by your contract. You should carefully consider whether a withdrawal under a particular circumstance will have any negative impact to your benefits or guarantees. The impact of withdrawals generally on your benefits and guarantees is discussed in the corresponding sections of the prospectus describing such benefits and guarantees.
The Income Phase occurs when you or a designated payee begin receiving regular Annuity Payments from your contract. You and the Annuitant (the person on whose life we base Annuity Payments) do not have to be the same, unless you purchase a tax qualified contract or elect a GMIB (see “Living Benefits — Guaranteed Income Benefits”).
You can have Annuity Payments made on a variable basis, a fixed basis, or a combination of both. If you choose
variable Annuity Payments, the amount of the variable Annuity Payments will depend upon the investment performance of the Investment Portfolio(s) you select for the Income Phase. If you choose fixed Annuity Payments, the amount of each payment will not change during the Income Phase. There is no death benefit during the Income Phase, however, depending on the Annuity Option you elect, any remaining guarantee (i.e., cash refund amount or guaranteed Annuity Payments) will be paid to your Beneficiary (or Beneficiaries) (see “Annuity Payments (The Income Phase)” for more information).
Tax Deferral and Qualified Plans. The contracts are offered for individuals and some tax qualified and non-tax qualified retirement plans. For any tax qualified account (e.g., an IRA), the tax deferred accrual feature is provided by the tax qualified retirement plan. Therefore, there should be reasons other than tax deferral for acquiring the contract within a qualified plan. (See “Federal Income Tax Status.”)
State Variations. Contracts issued in your state may provide different features and benefits from, and impose different costs than, those described in this prospectus because of state law variations. These differences include, among other things, Free Look rights, age issuance limitations, transfer rights and limitations, the right to reject Purchase Payments, the right to assess transfer fees, requirements for unisex annuity rates, the general availability of certain riders, and the availability of certain features of riders. However, please note that the maximum fees and charges for all features and benefits are set forth in the fee table in this prospectus. This prospectus describes all the material features of the contract. If you would like to review a copy of the contract and any endorsements, contact our Annuity Service Center.
Free Look. You may cancel the contract within 10 days after receiving it (or whatever period is required in your state). If you mail your cancellation request, the request must be postmarked by the appropriate day; if you deliver your cancellation request by hand, it must be received by us by the appropriate day. Unless otherwise required by state law, you will receive whatever your contract is worth on the day that we receive your cancellation request. The amount you receive may be more or less than your Purchase Payment depending upon the performance of the Investment Portfolios (and any interest credited by the Fixed Account, if applicable). You bear the risk of any decline in Account Value. We do not refund any charges or
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deductions assessed during the Free Look period. We will return your Purchase Payment if required by law.
Tax Penalty. The earnings in your contract are not taxed until you take money out of your contract. If you take money out of a Non-Qualified Contract during the Accumulation Phase, for tax purposes any earnings are deemed to come out first. If you are younger than 59 12 when you take money out, you may be charged a 10% federal tax penalty on those earnings. Payments during the Income Phase are considered partly a return of your original investment until your investment is returned.
Non-Natural Persons as Owners. If the Owner of a non-qualified annuity contract is not a natural person (e.g., a corporation, partnership or certain trusts), gains under the contract are generally not eligible for tax deferral. The Owner of this contract can be a natural person, a trust established for the exclusive benefit of a natural person, a charitable remainder trust or other trust arrangement (if approved by us). The Owner of this contract can also be a Beneficiary of a deceased person's contract that is an Individual Retirement Account or non-qualified deferred annuity. A contract generally may have two Owners (both of whom must be individuals). The contract is not available to corporations or other business organizations, except to the extent an employer is the purchaser of a SEP or SIMPLE IRA contract. Subject to state approval, certain retirement plans qualified under the Internal Revenue Code may purchase the contract. If a non-natural person is the Owner of a Non-Qualified Contract, the distribution on death rules under the Internal Revenue Code may require payment to begin earlier than expected and may impact the usefulness of the living and/or death benefits.
Non-Natural Persons as Beneficiaries. Naming a non-natural person, such as a trust or estate, as a Beneficiary under the contract will generally eliminate the Beneficiary's ability to stretch the contract or a spousal Beneficiary's ability to continue the contract and the living and/or death benefits.
Inquiries. If you need more information, please contact our Annuity Service Center at:
Brighthouse Life Insurance Company
Annuity Service Center
P.O. Box 305075
Electronic Delivery. As an Owner you may elect to receive electronic delivery of current prospectuses related to this contract, as well as other contract related documents.
Contact us at www.brighthousefinancial.com for more information and to enroll.
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FEE TABLES AND EXAMPLES
The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering the contract. The first table describes the fees and expenses that you will pay at the time that you buy the contract, surrender the contract, or transfer Account Value between investment options. State premium taxes of 0% to 3.5% may also be deducted.

Owner Transaction Expenses Table
Withdrawal Charge None
   
Transfer Fee (Note 1) $25
$0 (First 12 per year)


  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
Note 1. There is no charge for the first 12 transfers in a Contract Year; thereafter the fee is $25 per transfer. BLIC is currently waiving the transfer fee, but reserves the right to charge the fee in the future.
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The next tables describe the fees and expenses that you will pay periodically during the time that you own the contract, not including Investment Portfolio fees and expenses.

Account Fee (Note 1) $30
Separate Account Annual Expenses (Note 2)
(referred to as Separate Account Product Charges)
(as a percentage of average Account Value in the Separate Account)
Mortality and Expense Charge 1.50%
Administration Charge 0.25%
Total Separate Account Annual Expenses 1.75%
   
Death Benefit Rider Charges (Optional) (Note 3)
(as a percentage of average Account Value in the Separate Account)
 
Optional Death Benefit — Annual Step-Up 0.20%
Optional Death Benefit — Compounded-Plus 0.35%
Additional Death Benefit — Earnings Preservation Benefit 0.25%
   
Total Separate Account Annual Expenses
Including Highest Charges for Optional Death Benefits (Note 4)
2.35%


  
Note 1. An account fee of $30 is charged on each contract anniversary if the Account Value is less than $50,000. Different policies apply during the Income Phase of the contract. (See “Expenses.”)
Note 2. Certain charges and expenses for contracts issued before May 1, 2003, are different. Certain charges and expenses may not apply during the Income Phase of the contract. (See “Expenses.”)
Note 3. See below for additional optional death benefit riders (EDB Max I, Enhanced Death Benefit II, and Enhanced Death Benefit I), for which the charge is assessed on the Death Benefit Base and deducted annually from the Account Value.
Note 4. This charge is determined by adding the Mortality and Expense Charge, the Administration Charge, the Optional Death Benefit — Compounded-Plus Charge, and the Additional Death Benefit — Earnings Preservation Benefit Charge.
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Additional Optional Rider Charges (Note 1)
Guaranteed Minimum Income Benefit (GMIB) Rider Charges
(as a percentage of the Income Base (Note 2))  
   
GMIB Max I, GMIB Plus III, and GMIB Plus II — maximum charge 1.50%
GMIB Max I, GMIB Plus III, and GMIB Plus II — current charge 1.00%
   
GMIB Plus I — maximum charge 1.50%
GMIB Plus I — current charge 0.80%
   
GMIB II and GMIB I 0.50%
 
Lifetime Withdrawal Guarantee Rider Charges
(as a percentage of the Total Guaranteed Withdrawal Amount (Note 3))  
   
Lifetime Withdrawal Guarantee II  
Single Life version — maximum charge 1.60%
Single Life version — current charge 1.25%
Joint Life version — maximum charge 1.80%
Joint Life version — current charge 1.50%
   
Lifetime Withdrawal Guarantee I  
Single Life version — maximum charge 0.95%
Single Life version — current charge 0.50%
Joint Life version — maximum charge 1.40%
Joint Life version — current charge 0.70%


  
Note 1. You may only elect one living benefit rider at a time. The GMIB Max I rider is the only living benefit rider that the EDB Max I rider may be elected with. The GMIB Plus III rider is the only living benefit rider that the Enhanced Death Benefit II rider may be elected with. Certain rider charges for contracts issued before May 4, 2009 are different. Certain charges and expenses may not apply during the Income Phase of the contract. (See “Expenses.”)
Note 2. On the issue date, the Income Base is equal to your initial Purchase Payment. The Income Base is adjusted for subsequent Purchase Payments and withdrawals. See “Living Benefits — Guaranteed Income Benefits” for a definition of the term Income Base. The GMIB Max I, GMIB Plus III, GMIB Plus II and GMIB Plus I rider charges may increase upon an Optional Step-Up or Optional Reset, but they will not exceed the maximum charges listed in this table. If, at the time your contract was issued, the current rider charge was equal to the maximum rider charge, that rider charge will not increase upon an Optional Step-Up or Optional Reset. (See “Expenses.”)
Note 3. The Total Guaranteed Withdrawal Amount is initially set at an amount equal to your initial Purchase Payment. The Total Guaranteed Withdrawal Amount may increase with additional Purchase Payments. See “Living Benefits — Guaranteed Withdrawal Benefits” for a definition of the term Total Guaranteed Withdrawal Amount. The Lifetime Withdrawal Guarantee rider charges may increase upon an Automatic Annual Step-Up, but they will not exceed the maximum charges listed in this table. If, at the time your contract was issued, the current rider charge was equal to the maximum rider charge, that rider charge will not increase upon an Automatic Annual Step-Up. (See “Expenses.”)
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Guaranteed Withdrawal Benefit Rider Charges
(as a percentage of the Guaranteed Withdrawal Amount (Note 4))  
   
Enhanced Guaranteed Withdrawal Benefit — maximum charge 1.00%
Enhanced Guaranteed Withdrawal Benefit — current charge 0.55%
   
Guaranteed Withdrawal Benefit I — maximum charge 0.95%
Guaranteed Withdrawal Benefit I — current charge 0.50%
   
Guaranteed Minimum Accumulation Benefit Rider Charge  
(as a percentage of the Guaranteed Accumulation Amount (Note 5)) 0.75%
 
Enhanced Death Benefit (EDB) Rider Charges
(as a percentage of the Death Benefit Base (Note 6))  
   
EDB Max I and EDB II — maximum charge 1.50%
EDB Max I and EDB II (issue age 69 or younger) — current charge 0.60%
EDB Max I and EDB II (issue age 70-75) — current charge 1.15%
   
EDB I — maximum charge 1.50%
EDB I (issue age 69 or younger) — current charge 0.75%
EDB I (issue age 70-75) — current charge 0.95%


  
Note 4. The Guaranteed Withdrawal Amount is initially set at an amount equal to your initial Purchase Payment plus the GWB Bonus Amount. The Guaranteed Withdrawal Amount may increase with additional Purchase Payments. See “Living Benefits — Guaranteed Withdrawal Benefits” for definitions of the terms Guaranteed Withdrawal Amount and GWB Bonus Amount. The Enhanced Guaranteed Withdrawal Benefit and Guaranteed Withdrawal Benefit I rider charges may increase upon an Optional Reset, but they will not exceed the maximum charges listed in this table. If, at the time your contract was issued, the current rider charge was equal to the maximum rider charge, that rider charge will not increase upon an Optional Reset. (See “Expenses.”)
Note 5. The Guaranteed Accumulation Amount is initially set at an amount equal to a percentage of your initial Purchase Payment. The Guaranteed Accumulation Amount is adjusted for additional Purchase Payments made during the first 120 days of the contract and for withdrawals. See “Living Benefits — Guaranteed Minimum Accumulation Benefit” for a definition of the term Guaranteed Accumulation Amount.
Note 6. The Death Benefit Base is initially set at an amount equal to your initial Purchase Payment. The Death Benefit Base is adjusted for subsequent Purchase Payments and withdrawals. For a definition of the term Death Benefit Base, see “Death Benefit — Optional Death Benefit — EDB Max I” or “Death Benefit — Optional Death Benefit —  Enhanced Death Benefit II.” The EDB Max I, Enhanced Death Benefit II, and Enhanced Death Benefit I rider charges may increase upon an Optional Step-Up, but they will not exceed the maximum charges listed in this table. If, at the time your contract was issued, the current rider charge was equal to the maximum rider charge, that rider charge will not increase upon an Optional Step-Up. (See “Expenses.”)
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The next table shows the minimum and maximum total operating expenses charged by the Investment Portfolios that you may pay periodically during the time that you own the contract. Certain Investment Portfolios may impose a redemption fee in the future. More detail concerning each Investment Portfolio's fees and expenses is contained in the prospectuses for the Investment Portfolios and in the following tables. For information concerning compensation paid for the sale of the contracts, see “Other Information — Distributor.”
Minimum and Maximum Total Annual Investment Portfolio Operating Expenses
  Minimum   Maximum
Total Annual Investment Portfolio Operating Expenses      
(expenses that are deducted from Investment Portfolio assets, including management fees, distribution and/or service (12b-1) fees, and other expenses) 0.53%   1.29%
Investment Portfolio Fees and Expenses as of December 31, 2020
(as a percentage of average daily net assets)
The following table is a summary. For more complete information on Investment Portfolio fees and expenses, please refer to the prospectus for each Investment Portfolio.
Investment Portfolio Management
Fee
Distribution
and/or
Service
(12b-1) Fees
Other
Expenses
Acquired Fund Fees
and Expenses
Total
Annual
Operating
Expenses
Fee Waiver
and/or
Expense
Reimbursement
Net Total
Annual
Operating
Expenses
Brighthouse Funds Trust I              
AB Global Dynamic Allocation Portfolio 0.61% 0.25% 0.04% 0.01% 0.91% 0.02% 0.89%
American Funds® Balanced Allocation Portfolio 0.06% 0.55% 0.01% 0.40% 1.02%  —  1.02%
American Funds® Growth Allocation Portfolio 0.06% 0.55% 0.01% 0.42% 1.04%  —  1.04%
American Funds® Growth Portfolio 0.32% 0.55% 0.05%  —  0.92%  —  0.92%
American Funds® Moderate Allocation Portfolio 0.06% 0.55% 0.02% 0.38% 1.01%  —  1.01%
AQR Global Risk Balanced Portfolio 0.62% 0.25% 0.03% 0.05% 0.95% 0.01% 0.94%
BlackRock Global Tactical Strategies Portfolio 0.66% 0.25% 0.02% 0.08% 1.01% 0.06% 0.95%
BlackRock High Yield Portfolio 0.60% 0.25% 0.08%  —  0.93% 0.02% 0.91%
Brighthouse Asset Allocation 100 Portfolio 0.07% 0.25% 0.02% 0.65% 0.99%  —  0.99%
Brighthouse Balanced Plus Portfolio 0.24% 0.25% 0.01% 0.42% 0.92% 0.01% 0.91%
Brighthouse Small Cap Value Portfolio 0.75% 0.25% 0.04% 0.08% 1.12% 0.01% 1.11%
Brighthouse/Aberdeen Emerging Markets Equity Portfolio 0.95% 0.25% 0.09%  —  1.29% 0.10% 1.19%
Brighthouse/Eaton Vance Floating Rate Portfolio 0.60% 0.25% 0.09%  —  0.94% 0.01% 0.93%
Brighthouse/Franklin Low Duration Total Return Portfolio 0.50% 0.25% 0.06% 0.01% 0.82% 0.09% 0.73%
Brighthouse/Templeton International Bond Portfolio 0.60% 0.25% 0.08%  —  0.93%  —  0.93%
Clarion Global Real Estate Portfolio 0.63% 0.25% 0.05%  —  0.93% 0.04% 0.89%
Harris Oakmark International Portfolio 0.77% 0.25% 0.04%  —  1.06% 0.05% 1.01%
Invesco Balanced-Risk Allocation Portfolio 0.64% 0.25% 0.04% 0.02% 0.95% 0.02% 0.93%
Invesco Comstock Portfolio 0.57% 0.25% 0.03%  —  0.85% 0.01% 0.84%
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Investment Portfolio Management
Fee
Distribution
and/or
Service
(12b-1) Fees
Other
Expenses
Acquired Fund Fees
and Expenses
Total
Annual
Operating
Expenses
Fee Waiver
and/or
Expense
Reimbursement
Net Total
Annual
Operating
Expenses
Invesco Small Cap Growth Portfolio 0.85% 0.25% 0.04%  —  1.14% 0.08% 1.06%
JPMorgan Core Bond Portfolio 0.55% 0.25% 0.03%  —  0.83% 0.14% 0.69%
JPMorgan Global Active Allocation Portfolio 0.72% 0.25% 0.06%  —  1.03% 0.06% 0.97%
Loomis Sayles Global Allocation Portfolio 0.70% 0.25% 0.09%  —  1.04% 0.01% 1.03%
Loomis Sayles Growth Portfolio 0.57% 0.25% 0.02%  —  0.84% 0.02% 0.82%
MetLife Multi-Index Targeted Risk Portfolio 0.17% 0.25% 0.01% 0.22% 0.65%  —  0.65%
MFS ® Research International Portfolio 0.70% 0.25% 0.05%  —  1.00% 0.11% 0.89%
PanAgora Global Diversified Risk Portfolio 0.65% 0.25% 0.20% 0.03% 1.13%  —  1.13%
PIMCO Inflation Protected Bond Portfolio 0.48% 0.25% 0.30%  —  1.03%  —  1.03%
PIMCO Total Return Portfolio 0.48% 0.25% 0.11%  —  0.84% 0.03% 0.81%
Schroders Global Multi-Asset Portfolio 0.63% 0.25% 0.06%  —  0.94% 0.01% 0.93%
SSGA Growth and Income ETF Portfolio 0.31% 0.25% 0.01% 0.19% 0.76%  —  0.76%
SSGA Growth ETF Portfolio 0.32% 0.25% 0.03% 0.20% 0.80%  —  0.80%
T. Rowe Price Large Cap Value Portfolio 0.57% 0.25% 0.02%  —  0.84% 0.06% 0.78%
T. Rowe Price Mid Cap Growth Portfolio 0.75% 0.25% 0.03%  —  1.03%  —  1.03%
Victory Sycamore Mid Cap Value Portfolio 0.65% 0.25% 0.05%  —  0.95% 0.10% 0.85%
Wells Capital Management Mid Cap Value Portfolio 0.72% 0.25% 0.06%  —  1.03% 0.06% 0.97%
Western Asset Management Government Income Portfolio 0.43% 0.25% 0.04%  —  0.72% 0.03% 0.69%
Brighthouse Funds Trust II              
Baillie Gifford International Stock Portfolio 0.79% 0.25% 0.05%  —  1.09% 0.12% 0.97%
BlackRock Ultra-Short Term Bond Portfolio 0.35% 0.25% 0.04%  —  0.64% 0.03% 0.61%
Brighthouse Asset Allocation 20 Portfolio 0.10% 0.25% 0.03% 0.54% 0.92% 0.03% 0.89%
Brighthouse Asset Allocation 40 Portfolio 0.06% 0.25%  —  0.57% 0.88%  —  0.88%
Brighthouse Asset Allocation 60 Portfolio 0.05% 0.25%  —  0.60% 0.90%  —  0.90%
Brighthouse Asset Allocation 80 Portfolio 0.05% 0.25% 0.01% 0.63% 0.94%  —  0.94%
Brighthouse/Artisan Mid Cap Value Portfolio 0.82% 0.25% 0.04%  —  1.11% 0.08% 1.03%
Brighthouse/Dimensional International Small Company Portfolio 0.81% 0.25% 0.13%  —  1.19% 0.11% 1.08%
Brighthouse/Wellington Core Equity Opportunities Portfolio 0.71% 0.25% 0.02%  —  0.98% 0.12% 0.86%
Frontier Mid Cap Growth Portfolio 0.71% 0.25% 0.04%  —  1.00% 0.02% 0.98%
Jennison Growth Portfolio 0.60% 0.25% 0.02%  —  0.87% 0.08% 0.79%
MetLife Aggregate Bond Index Portfolio 0.25% 0.30% 0.03%  —  0.58% 0.01% 0.57%
MetLife Mid Cap Stock Index Portfolio 0.25% 0.30% 0.06% 0.01% 0.62%  —  0.62%
MetLife MSCI EAFE® Index Portfolio 0.30% 0.30% 0.08% 0.01% 0.69%  —  0.69%
MetLife Russell 2000® Index Portfolio 0.25% 0.30% 0.07% 0.01% 0.63%  —  0.63%
MetLife Stock Index Portfolio 0.25% 0.25% 0.03%  —  0.53% 0.01% 0.52%
MFS ® Value Portfolio 0.62% 0.25% 0.02%  —  0.89% 0.06% 0.83%
Neuberger Berman Genesis Portfolio 0.82% 0.25% 0.04%  —  1.11% 0.01% 1.10%
T. Rowe Price Large Cap Growth Portfolio 0.60% 0.25% 0.03%  —  0.88% 0.05% 0.83%
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Investment Portfolio Management
Fee
Distribution
and/or
Service
(12b-1) Fees
Other
Expenses
Acquired Fund Fees
and Expenses
Total
Annual
Operating
Expenses
Fee Waiver
and/or
Expense
Reimbursement
Net Total
Annual
Operating
Expenses
VanEck Global Natural Resources Portfolio 0.78% 0.25% 0.03% 0.01% 1.07% 0.06% 1.01%
Western Asset Management Strategic Bond Opportunities Portfolio 0.57% 0.25% 0.03%  —  0.85% 0.05% 0.80%
Western Asset Management U.S. Government Portfolio 0.48% 0.25% 0.03%  —  0.76% 0.03% 0.73%
The information shown in the table above was provided by the Investment Portfolios. Certain Investment Portfolios and their investment adviser have entered into expense reimbursement and/or fee waiver arrangements that will continue at least until April 30, 2022. These arrangements can be terminated with respect to these Investment Portfolios only with the approval of the Investment Portfolio's board of directors or trustees. Please see the Investment Portfolios’ prospectuses for additional information regarding these arrangements.
Certain Investment Portfolios that have “Acquired Fund Fees and Expenses” are “funds of funds.” A fund of funds invests substantially all of its assets in other underlying funds. Because the Investment Portfolio invests in other funds, it will bear its pro rata portion of the operating expenses of those underlying funds, including the management fee.
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Examples
These Examples are intended to help you compare the cost of investing in the contract with the cost of investing in other variable annuity contracts. These costs include Owner Transaction Expenses, the Account Fee, Separate Account Annual Expenses, and Investment Portfolio Fees and Expenses.
The Examples assume that you invest $10,000 in the contract for the time periods indicated. The Examples also assume that your investment has a 5% return each year and assume: (a) maximum and (b) minimum fees and expenses of any of the Investment Portfolios (before any waiver and/or reimbursement). Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Chart 1. Chart 1 assumes you select the GMIB Plus III rider (assuming the maximum 1.50% charge applies in all Contract Years), the Enhanced Death Benefit II rider (assuming the maximum 1.50% charge applies in all Contract Years), and the Additional Death Benefit — Earnings Preservation Benefit, which is the most expensive way to purchase the contract.
(1) If you surrender, do not surrender or annuitize your contract at the end of the applicable time period:
Time Periods
  1 year 3 years 5 years 10 years
maximum $659 $1,948 $3,281 $6,818
minimum $583 $1,729 $2,932 $6,210
  
Chart 2. Chart 2 assumes you do not select optional death benefit riders, a Guaranteed Minimum Income Benefit rider, a Guaranteed Withdrawal Benefit rider, or the Guaranteed Minimum Accumulation Benefit rider, which is the least expensive way to purchase the contract.
(1) If you surrender, do not surrender or annuitize your contract at the end of the applicable time period:
Time Periods
  1 year 3 years 5 years 10 years
maximum $334 $958 $1,607 $3,344
minimum $258 $731 $1,231 $2,604
The Examples should not be considered a representation of past or future expenses or annual rates of return of any Investment Portfolio. Actual expenses and annual rates of return may be more or less than those assumed for the purpose of the Examples. Condensed financial information containing the Accumulation Unit value history appears in Appendix A of this prospectus as well as in the SAI.
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THE ANNUITY CONTRACT
This prospectus describes the variable annuity contract offered by us.
The variable annuity contract is a contract between you as the Owner, and us, the insurance company, where we promise to pay an income to you, in the form of Annuity Payments, beginning on a designated date that you select. Until you decide to begin receiving Annuity Payments, your annuity is in the Accumulation Phase. If you die during the Accumulation Phase, your Beneficiary (or Beneficiaries) will receive the death benefit under your contract (see “Death Benefit” for more information). Once you begin receiving Annuity Payments, your contract switches to the Income Phase. There is no death benefit during the Income Phase; however, depending on the Annuity Option you elect, any remaining guarantee (i.e., cash refund amount or guaranteed Annuity Payments) will be paid to your Beneficiary(ies) (see “Annuity Payments (The Income Phase)” for more information).
The contract benefits from tax deferral. Tax deferral means that you are not taxed on earnings or appreciation on the assets in your contract until you take money out of your contract. For any tax qualified account (e.g., an IRA), the tax deferred accrual feature is provided by the tax qualified retirement plan. Therefore, there should be reasons other than tax deferral for acquiring the contract within a qualified plan. (See “Federal Income Tax Status.”)
The contract is called a variable annuity because you can choose among the Investment Portfolios and, depending upon market conditions, you can make or lose money in any of these portfolios. If you select the variable annuity portion of the contract, the amount of money you are able to accumulate in your contract during the Accumulation Phase depends upon the investment performance of the Investment Portfolio(s) you select. The amount of the Annuity Payments you receive during the Income Phase from the variable annuity portion of the contract also depends, in part, upon the investment performance of the Investment Portfolio(s) you select for the Income Phase. We do not guarantee the investment performance of the variable annuity portion. You bear the full investment risk for all amounts allocated to the variable annuity portion. However, there are certain optional features that provide guarantees that can reduce your investment risk (see “Living Benefits”).
In most states, the contract also contains a Fixed Account option (contact your financial representative regarding your state). The Fixed Account is part of our general account and offers an interest rate that is guaranteed by us.
The minimum interest rate depends on the date your contract is issued but will not be less than 1%. Your financial representative can tell you the current and minimum interest rates that apply. Because of exemptive and exclusionary provisions, interests in the Fixed Account have not been registered under the Securities Act of 1933, and neither the Fixed Account nor the general account has been registered as an investment company under the Investment Company Act of 1940. If you select the Fixed Account, your money will be placed with our other general account assets, and the amount of money you are able to accumulate in your contract during the Accumulation Phase depends upon the total interest credited to your contract. The Fixed Account is part of our general account. Our general account consists of all assets owned by us other than those in the Separate Account and our other separate accounts. We have sole discretion over the investment of assets in the general account. If you select a fixed Annuity Payment option during the Income Phase, payments are made from our general account assets. All guarantees as to Purchase Payments or Account Value allocated to the Fixed Account, interest credited to the Fixed Account, and fixed Annuity Payments are subject to our financial strength and claims-paying ability.
The amount of the Annuity Payments you receive during the Income Phase from a fixed Annuity Payment option of the contract will remain level for the entire Income Phase. (Please see “Annuity Payments (The Income Phase)” for more information.)
As Owner of the contract, you exercise all interests and rights under the contract. You can change the Owner at any time, subject to our underwriting rules (a change of ownership may terminate certain optional riders). The contract may be owned generally by Joint Owners (limited to two natural persons). We provide more information on this under “Other Information — Ownership.”
All contract provisions will be interpreted and administered in accordance with the requirements of the Internal Revenue Code (the “Code”). Any Code references to “spouses” include those persons who enter into lawful marriages under state law, regardless of sex.
PURCHASE
The maximum issue age for the contract and certain of its riders may be reduced in connection with the offer of the contract through certain broker dealers (“selling firms”). In addition, certain riders may not be available through certain selling firms. You should discuss this with your financial representative.
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We reserve the right to reject any application.
Purchase Payments
A Purchase Payment is the money you give us to invest in the contract. The initial Purchase Payment is due on the date the contract is issued. You may also be permitted to make subsequent Purchase Payments. Initial and subsequent Purchase Payments are subject to certain requirements. These requirements are explained below. We may restrict your ability to make subsequent Purchase Payments. The manner in which subsequent Purchase Payments may be restricted is discussed below.
General Requirements for Purchase Payments. The following requirements apply to initial and subsequent Purchase Payments:
The minimum initial Purchase Payment we will accept is $25,000.
The maximum total Purchase Payments for the contract is $1,000,000, without prior approval from us.
The minimum subsequent Purchase Payment is $500 unless you have elected an electronic funds transfer program approved by us, in which case the minimum subsequent Purchase Payment is $100 per month.
We will accept a different amount if required by federal tax law.
We reserve the right to refuse Purchase Payments made via a personal check in excess of $100,000. Purchase Payments over $100,000 may be accepted in other forms, including, but not limited to, EFT/wire transfers, certified checks, corporate checks, and checks written on financial institutions. The form in which we receive a Purchase Payment may determine how soon subsequent disbursement requests may be fulfilled. (See “Access to Your Money.”)
We will not accept Purchase Payments made with cash, money orders, or travelers checks.
Restrictions on Subsequent Purchase Payments. We may restrict your ability to make subsequent Purchase Payments. We will notify you in advance if we impose restrictions on subsequent Purchase Payments. You and your financial representative should carefully consider whether our ability to restrict subsequent Purchase Payments is consistent with your investment objectives.
We reserve the right to reject any Purchase Payment and to limit future Purchase Payments. This means that we may restrict your ability to make subsequent Purchase Payments for any reason, subject to
  applicable requirements in your state. We may make certain exceptions to restrictions on subsequent Purchase Payments in accordance with our established administrative procedures.
Certain riders have current and potential restrictions on subsequent Purchase Payments that are described in more detail below. For more information, see these subsections below: “Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I,” “Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II,” and “Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB.”
Termination for Low Account Value
We may terminate your contract by paying you the Account Value in one sum if, prior to the Annuity Date, you do not make Purchase Payments for two consecutive Contract Years, the total amount of Purchase Payments made, less any partial withdrawals, is less than $2,000 or any lower amount required by federal tax laws, and the Account Value on or after the end of such two year period is less than $2,000. (A Contract Year is defined as a one-year period starting on the date the contract is issued and on each contract anniversary thereafter.) Accordingly, no contract will be terminated due solely to negative investment performance. Federal tax law may impose additional restrictions on our right to cancel your Traditional IRA, Roth IRA, SEP, SIMPLE IRA or other Qualified Contract. We will not terminate the contract if it includes a Lifetime Withdrawal Guarantee rider or Guaranteed Minimum Accumulation Benefit rider. In addition, we will not terminate any contract that includes a Guaranteed Withdrawal Benefit or Guaranteed Minimum Income Benefit rider or any guaranteed death benefit if at the time the termination would otherwise occur the Benefit Base/Income Base of the living benefit rider, or the guaranteed amount under any death benefit, is greater than the Account Value. For all other contracts, we reserve the right to exercise this termination provision, subject to obtaining any required regulatory approvals.
Allocation of Purchase Payments
When you purchase a contract, we will allocate your Purchase Payment to the Fixed Account and/or any of the Investment Portfolios you have selected. You may not choose more than 18 Investment Portfolios (including the Fixed Account) at the time your initial Purchase Payment is allocated. Each allocation must be at least $500 and must
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be in whole numbers. In addition, see Appendix A and B to this prospectus for more information about available Investment Portfolios.
We have reserved the right to restrict payments to the Fixed Account if any of the following conditions exist:
the credited interest rate on the Fixed Account is equal to the guaranteed minimum rate indicated in your contract;or
your Account Value in the Fixed Account equals or exceeds our published maximum for Fixed Account allocation (currently, there is no limit; we will notify you of any such maximum allocation limit); or
a transfer was made out of the Fixed Account within the previous 180 days.
Once we receive your Purchase Payment and the necessary information (or a designee receives a payment and the necessary information in accordance with the designee’s administrative procedures), we will issue your contract and allocate your first Purchase Payment within 2 Business Days. A Business Day is each day that the New York Stock Exchange is open for business. A Business Day closes at the close of normal trading on the New York Stock Exchange, usually 4:00 p.m. Eastern Time. If you do not give us all of the information we need, we will contact you to get it before we make any allocation. If for some reason we are unable to complete this process within 5 Business Days, we will either send back your money or get your permission to keep it until we get all of the necessary information. (See “Other Information — Requests and Elections.”) However, if you allocate Purchase Payments to a discontinued Investment Portfolio (see Appendix A), we will request reallocation instructions, or if we are unable to obtain such instructions, we will return your Purchase Payment to you.
We may restrict the investment options available to you if you select certain optional riders. These restrictions are intended to reduce the risk of investment losses that could require us to use our own assets to pay amounts due under the selected optional rider.
If you choose the GMIB Max I or EDB Max I riders, we require you to allocate your Purchase Payments and Account Value as described below under “Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I” until the rider terminates.
If you choose the Guaranteed Minimum Income Benefit Plus II, Guaranteed Minimum Income Benefit Plus III, Lifetime Withdrawal Guarantee II, Enhanced Death Benefit I, or Enhanced Death Benefit II riders, we require you to allocate your Purchase Payments and Account Value as
described below under “Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II” until the rider terminates.
If you choose the GMIB Plus I rider or the Lifetime Withdrawal Guarantee I rider, until the rider terminates, we require you to allocate your Purchase Payments and Account Value as described in “Living Benefits — Guaranteed Income Benefits — Description of GMIB Plus I” and “Living Benefits — Guaranteed Withdrawal Benefits — Description of Lifetime Withdrawal Guarantee I.”
If you choose the Guaranteed Minimum Accumulation Benefit rider, until the rider terminates, we require you to allocate your Purchase Payments and Account Value solely to one Investment Portfolio (see “Living Benefits — Guaranteed Minimum Accumulation Benefit”).
If you make additional Purchase Payments, we will allocate them in the same way as your first Purchase Payment unless you tell us otherwise. However, if you make an additional Purchase Payment while a Dollar Cost Averaging (DCA) program is in effect, we will not allocate the additional Purchase Payment to the DCA program, unless you tell us to do so. Instead, unless you give us other instructions, we will allocate the additional Purchase Payment directly to the same destination Investment Portfolios you selected under the DCA program. (See “Investment Options — Dollar Cost Averaging Program.”) You may change your allocation instructions at any time by notifying us in writing, by calling us or by Internet. You may not choose more than 18 Investment Portfolios (including the Fixed Account) at the time you submit a subsequent Purchase Payment. If you wish to allocate the payment to more than 18 Investment Portfolios (including the Fixed Account), we must have your request to allocate future Purchase Payments to more than 18 Investment Portfolios on record before we can apply your subsequent Purchase Payment to your chosen allocation. If there are Joint Owners, unless we are instructed to the contrary, we will accept allocation instructions from either Joint Owner.
We reserve the right to make certain changes to the Investment Portfolios. (See “Investment Options — Substitution of Investment Options.”)
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Investment Allocation Restrictions for Certain Riders
Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I
If you elect the GMIB Max I rider and/or EDB Max I rider, you may allocate your Purchase Payments and Account Value among the following Investment Portfolios:
•  AB Global Dynamic Allocation Portfolio
•  AQR Global Risk Balanced Portfolio
•  BlackRock Global Tactical Strategies Portfolio
•  Brighthouse Balanced Plus Portfolio
•  Invesco Balanced-Risk Allocation Portfolio
•  JPMorgan Global Active Allocation Portfolio
•  MetLife Aggregate Bond Index Portfolio
•  MetLife Multi-Index Targeted Risk Portfolio
•  PanAgora Global Diversified Risk Portfolio
•  Schroders Global Multi-Asset Portfolio
•  Western Asset Management Government Income Portfolio
No other Investment Portfolios are available with the GMIB Max I rider and/or EDB Max I rider.
The Investment Portfolios listed above (other than the MetLife Aggregate Bond Index Portfolio and the Western Asset Management Government Income Portfolio) have investment strategies intended in part to reduce the risk of investment losses that could require us to use our own assets to make payments in connection with the guarantees under the GMIB Max I and EDB Max I riders. For example, certain of the Investment Portfolios are managed in a way that is intended to minimize volatility of returns and hedge against the effects of interest rate changes. Other investment options that are available if the GMIB Max I and EDB Max I riders are not selected may offer the potential for higher returns. Before you select the GMIB Max I rider and/or EDB Max I rider, you and your financial representative should carefully consider whether the investment options available with the GMIB Max I and EDB Max I riders meet your investment objectives and risk tolerance. See “Investment Options” below for information about Investment Portfolios that employ a managed volatility strategy.
If you elect the GMIB Max I and/or EDB Max I riders, you may not participate in the Dollar Cost Averaging (DCA) program.
Restrictions on Investment Allocations After Rider Terminates. If the GMIB Max I rider terminates (see “Living Benefits Guaranteed Income Benefits Terminating the GMIB Max I Rider”), or the EDB Max I rider terminates (see “Death Benefits Enhanced Death Benefits Terminating the EDB Max I Rider”), or if you elected both the GMIB Max I and the EDB Max I riders and they both terminate, the investment allocation restrictions described above will no longer apply and you will be permitted to allocate subsequent Purchase Payments or transfer Account Value to any of the available Investment Portfolios, but not to the Fixed Account. However, if you elected both the GMIB Max I and the EDB Max I riders, and only the GMIB Max I rider has terminated, the investment allocation restrictions described above under “Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I” will continue to apply.
Restrictions on Subsequent Purchase Payments — GMIB Max I and EDB Max I. The following subsections describe potential and current restrictions on subsequent Purchase Payments for the GMIB Max I and EDB Max I riders. As of the date of this prospectus, only contracts issued with the GMIB Max I rider or the GMIB Max I and EDB Max I riders during the time period specified in the “Current Restrictions on Subsequent Purchase Payments” section below are subject to restrictions on subsequent Purchase Payments.
Potential Restrictions on Subsequent Purchase Payments. In the future, we may choose not to permit Owners of existing contracts with the GMIB Max I rider to make subsequent Purchase Payments if: (a) the GMIB Max I rider is no longer available to new customers, or (b) we make certain changes to the terms of the GMIB Max I rider offered to new customers (for example, if we change the GMIB Max I rider charge; see your contract schedule for a list of the other changes). Similarly, in the future, we may choose not to permit Owners of existing contracts with the EDB Max I rider to make subsequent Purchase Payments if: (a) the EDB Max I rider is no longer available to new customers, or (b) we make certain changes to the terms of the EDB Max I rider offered to new customers (see your contract schedule for a list of the changes). We will notify Owners of contracts with the GMIB Max I and/or EDB Max I riders in advance if we impose restrictions on subsequent Purchase Payments. If we impose restrictions on subsequent Purchase Payments, contract Owners will still be permitted to transfer Account Value among the Investment Portfolios listed above under “Investment
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Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I.”
Current Restrictions on Subsequent Purchase Payments
If we received your application and necessary information, in Good Order, at our Annuity Service Center before the close of the New York Stock Exchange on September 23, 2011, and you elected the GMIB Max I and/or EDB Max I riders, we will not accept subsequent Purchase Payments from you after the close of the New York Stock Exchange on August 9, 2013. However, we will accept a subsequent Purchase Payment received after August 9, 2013 if the Purchase Payment was initiated by paperwork for a direct transfer or an exchange under Section 1035 of the Internal Revenue Code that we accepted, and which was received by our Annuity Service Center in Good Order, before the close of the New York Stock Exchange on August 9, 2013.
If we received your application and necessary information, in Good Order, at our Annuity Service Center after the close of the New York Stock Exchange on September 23, 2011 and on or before October 7, 2011, and you elected the GMIB Max I and/or EDB Max I riders, we will not accept subsequent Purchase Payments from you after the close of the New York Stock Exchange on February 24, 2012. However, we will accept a subsequent Purchase Payment received after February 24, 2012 if the Purchase Payment was initiated by paperwork for a direct transfer or an exchange under Section 1035 of the Internal Revenue Code that we accepted, and which was received by our Annuity Service Center in Good Order, before the close of the New York Stock Exchange on February 24, 2012.
Restrictions on Subsequent Purchase Payments After GMIB Max I Rider Terminates. If the GMIB Max I rider terminates (see “Living Benefits Guaranteed Income Benefits Terminating the GMIB Max I Rider”), or if you elected both the GMIB Max I and the EDB Max I riders and they both terminate, the restrictions on subsequent Purchase Payments described above will no longer apply. However, if you elected both the GMIB Max I and the EDB Max I riders, and only the GMIB Max I rider has terminated, the restrictions on subsequent Purchase Payments described above will continue to apply.
California Free Look Requirements for Purchasers Age 60 and Over. If you elect the GMIB Max I rider and/or EDB Max I rider and you are a California purchaser aged 60 or older, you may allocate
your Purchase Payments to the BlackRock Ultra-Short Term Bond Portfolio during the Free Look period. (See the “Free Look” section below.) After the Free Look period expires, your Account Value will automatically be transferred to one or more of the Investment Portfolios listed above, according to the allocation instructions you have given us. If you allocate your Purchase Payments to the BlackRock Ultra-Short Term Bond Portfolio and the contract is cancelled during the Free Look period, we will give you back your Purchase Payments. If you do not allocate your Purchase Payments to the BlackRock Ultra-Short Term Bond Portfolio and the contract is cancelled during the Free Look period, you will only be entitled to a refund of the contract's Account Value, which may be less than the Purchase Payments made to the contract.
Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II
Allocation. If you elect the GMIB Plus II, the GMIB Plus III, the Lifetime Withdrawal Guarantee II, the Enhanced Death Benefit I, or the Enhanced Death Benefit II, you must comply with certain investment allocation restrictions.Specifically, you must allocate according to either (A) or (B) below:
(A) You must allocate:
100% of your Purchase Payments or Account Value among the AB Global Dynamic Allocation Portfolio, American Funds® Balanced Allocation Portfolio, American Funds® Moderate Allocation Portfolio, AQR Global Risk Balanced Portfolio, BlackRock Global Tactical Strategies Portfolio, Brighthouse Asset Allocation 20 Portfolio, Brighthouse Asset Allocation 40 Portfolio, Brighthouse Asset Allocation 60 Portfolio, Brighthouse Balanced Plus Portfolio, Invesco Balanced-Risk Allocation Portfolio, JPMorgan Global Active Allocation Portfolio, MetLife Multi-Index Targeted Risk Portfolio, PanAgora Global Diversified Risk Portfolio, Schroders Global Multi-Asset Portfolio, SSGA Growth and Income ETF Portfolio, BlackRock Ultra-Short Term Bond Portfolio, and/or the Fixed Account (you may not allocate Purchase Payments to the Dollar Cost Averaging program).
For contracts issued based on applications and necessary information received at our Annuity Service Center in Good Order before the close of the New York Stock Exchange on May 1, 2009, the following Investment Portfolios are also available under option (A): the Brighthouse Asset Allocation 80 Portfolio, American
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Funds® Growth Allocation Portfolio, and SSGA Growth ETF Portfolio.
OR
(B) You must allocate:
at least 30% of Purchase Payments or Account Value to Platform 1 portfolios and/or to the Fixed Account;
up to 70% of Purchase Payments or Account Value to Platform 2 portfolios;
up to 15% of Purchase Payments or Account Value to Platform 3 portfolios; and
up to 15% of Purchase Payments or Account Value to Platform 4 portfolios.
For contracts issued based on applications and necessary information received at our Annuity Service Center in Good Order before the close of the New York Stock Exchange on May 1, 2009, the following invesment allocation restrictions apply under option (B): you must allocate at least 15% of Purchase Payments or Account Value to Platform 1 portfolios and/or to the Fixed Account and you may allocate up to 85% of Purchase Payments or Account Value to Platform 2 portfolios (the percentages for Platforms 3 and 4 are the same as those listed above).
(You may not allocate Purchase Payments to the Dollar Cost Averaging program under option (B).)
The investment options in each Platform are:
Platform 1
Fixed Account
BlackRock Ultra-Short Term Bond Portfolio
Brighthouse/Franklin Low Duration Total Return Portfolio
JPMorgan Core Bond Portfolio
MetLife Aggregate Bond Index Portfolio
PIMCO Inflation Protected Bond Portfolio
PIMCO Total Return Portfolio
Western Asset Management Government Income Portfolio
Western Asset Management U.S. Government Portfolio
Platform 2
AB Global Dynamic Allocation Portfolio
American Funds® Balanced Allocation Portfolio
American Funds® Growth Allocation Portfolio
American Funds® Growth Portfolio
American Funds® Moderate Allocation Portfolio
AQR Global Risk Balanced Portfolio
Baillie Gifford International Stock Portfolio
BlackRock Global Tactical Strategies Portfolio
BlackRock High Yield Portfolio
Brighthouse Asset Allocation 20 Portfolio
Brighthouse Asset Allocation 40 Portfolio
Brighthouse Asset Allocation 60 Portfolio
Brighthouse Asset Allocation 80 Portfolio
Brighthouse Asset Allocation 100 Portfolio
Brighthouse Balanced Plus Portfolio
Brighthouse/Wellington Core Equity Opportunities Portfolio
Harris Oakmark International Portfolio
Invesco Balanced-Risk Allocation Portfolio
Invesco Comstock Portfolio
Jennison Growth Portfolio
JPMorgan Global Active Allocation Portfolio
Loomis Sayles Global Allocation Portfolio
Loomis Sayles Growth Portfolio
MetLife MSCI EAFE® Index Portfolio
MetLife Multi-Index Targeted Risk Portfolio
MetLife Stock Index Portfolio
MFS® Research International Portfolio
MFS® Value Portfolio
PanAgora Global Diversified Risk Portfolio
Schroders Global Multi-Asset Portfolio
SSGA Growth and Income ETF Portfolio
SSGA Growth ETF Portfolio
T. Rowe Price Large Cap Growth Portfolio
T. Rowe Price Large Cap Value Portfolio
Western Asset Management Strategic Bond Opportunities Portfolio
Platform 3
Brighthouse/Artisan Mid Cap Value Portfolio
Frontier Mid Cap Growth Portfolio
MetLife Mid Cap Stock Index Portfolio
T. Rowe Price Mid Cap Growth Portfolio
Victory Sycamore Mid Cap Value Portfolio
Wells Capital Management Mid Cap Value Portfolio
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Platform 4
Brighthouse/Aberdeen Emerging Markets Equity Portfolio
Brighthouse/Dimensional International Small Company Portfolio
Brighthouse/Eaton Vance Floating Rate Portfolio
Brighthouse/Templeton International Bond Portfolio
Brighthouse Small Cap Value Portfolio
Clarion Global Real Estate Portfolio
Invesco Small Cap Growth Portfolio
MetLife Russell 2000® Index Portfolio
Neuberger Berman Genesis Portfolio
VanEck Global Natural Resources Portfolio
Your Purchase Payments and transfer requests must be allocated in accordance with the above limitations. We will reject any Purchase Payments or transfer requests that do not comply with the above limitations.
Certain selling firms do not offer option (B) at the time your initial Purchase Payment is allocated. Please contact our Annuity Service Center if you wish to change your allocation selection to option (B).
We determine whether an investment option is classified as Platform 1, Platform 2, Platform 3 or Platform 4. We may determine or change the classification of an investment option in the event that an investment option is added, deleted, substituted, merged or otherwise reorganized. You will not be required to reallocate Purchase Payments or Account Value that you allocated to an investment option before we changed its classification, unless you make a new Purchase Payment or request a transfer among investment options (other than pursuant to rebalancing). If you make a new Purchase Payment or request a transfer among investment options, you will be required to take the new classification into account in the allocation of your entire Account Value. We will provide you with prior written notice of any changes in classification of investment options. See “Investment Options” below for information about Investment Portfolios that employ a managed volatility strategy.
Rebalancing. If you choose to allocate according to (B) above, we will rebalance your Account Value on a quarterly basis based on your most recent allocation of Purchase Payments that complies with the allocation limitations described above. We will also rebalance your Account Value when we receive a subsequent Purchase Payment that is accompanied by new allocation instructions (in addition to the quarterly rebalancing). We will first rebalance your Account Value on the date that is
three months from the rider issue date; provided however, if a quarterly rebalancing date occurs on the 29th, 30th or 31st of a month, we will instead rebalance on the 1st day of the following month. We will subsequently rebalance your Account Value on each quarter thereafter on the same day. In addition, if a quarterly rebalancing date is not a Business Day, the reallocation will occur on the next Business Day. Withdrawals from the contract will not result in rebalancing on the date of withdrawal.
The rebalancing requirement described above does not apply if you choose to allocate according to (A) above.
Subsequent Purchase Payments. Subsequent Purchase Payments must be allocated in accordance with the above limitations. When allocating according to (B) above, it is important to remember that the entire Account Value will be immediately reallocated according to any new allocation instructions that accompany a subsequent Purchase Payment, if the new allocation instructions differ from those previously received for the contract. Allocating according to (B) does not permit you to specify different allocations for individual Purchase Payments. Due to the rebalancing and reallocation requirements of (B), the entire account will be immediately reallocated according to the most recently provided allocation instructions.
Example:
Your Account Value is $100,000 and allocated 70% to the MetLife Stock Index Portfolio and 30% to the PIMCO Total Return Portfolio using Option B of the Portfolio Flexibility Program. You make a subsequent Purchase Payment of $5,000 and provide instructions to allocate 100% of that payment to the BlackRock Ultra-Short Term Bond Portfolio. As a result of the new allocation instructions, your entire Account Value of $105,000 will then be reallocated to the BlackRock Ultra-Short Term Bond Portfolio.
Changing Purchase Payment Allocation Instructions. You may change your Purchase Payment allocation instructions under (B) above at any time by providing notice to us, at our Annuity Service Center, or by any other method acceptable to us, provided that such instructions comply with the allocation limits described above. If you provide new allocation instructions for Purchase Payments and if these instructions conform to the allocation limits described under (B) above, then we will rebalance in accordance with the revised allocation instructions. Any future Purchase Payment and quarterly rebalancing allocations will be automatically updated in accordance with these new instructions.
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Transfers. Please note that any transfer request must result in an Account Value that meets the allocation limits described above. Any transfer request will not cause your allocation instructions to change unless you provide us with a separate instruction at the time of transfer.
Restrictions on Subsequent Purchase Payments — GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II
Current Restrictions on Subsequent Purchase Payments. If applicable in your state and except as noted below, until further notice we will not accept subsequent Purchase Payments from you after the close of the New York Stock Exchange on August 17, 2012 if your contract was issued with one or more of the following riders: GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II. You still will be permitted to transfer Account Value among the Investment Portfolios available with your contract and rider. If subsequent Purchase Payments will be permitted in the future, we will notify you in writing, in advance of the date the restriction will end.
We will permit you to make a subsequent Purchase Payment when either of the following conditions apply to your contract: (a) your Account Value is below the minimum described in the “Purchase — Termination for Low Account Value” section; or (b) the rider charge is greater than your Account Value.
In addition, for IRAs (including annuity contracts held under Custodial IRAs), we will permit subsequent Purchase Payments up to your applicable annual IRS limits, provided the subsequent Purchase Payment is not in the form of a transfer or rollover from another tax-qualified plan or tax-qualified investment. We will permit subsequent Purchase Payments for Qualified Contracts (other than IRAs and annuity contracts held under Custodial IRAs), provided the subsequent Purchase Payment is not in the form of a transfer or rollover from another tax-qualified plan.
Restrictions on Subsequent Purchase Payments for GMIB Plus II and GMIB Plus III after Rider Terminates. The restrictions on subsequent Purchase Payments described above will no longer apply, if:
1) you elected only the GMIB Plus II rider, and it terminates (see “Living Benefits Guaranteed Income Benefits Description of GMIB Plus II”);
2) you elected both the GMIB Plus II and the EDB I, and both riders terminate (see “Living Benefits Guaranteed Income Benefits Description of GMIB Plus II” and “Death
  Benefit Description of Enhanced Death Benefit I”);
3) you elected only the GMIB Plus III rider, and it terminates (see “Living Benefits Guaranteed Income Benefits Description of GMIB Plus III - Terminating the GMIB Plus III Rider”); or
4) you elected both the GMIB Plus III and the EDB II, and both riders terminate (see “Living Benefits Guaranteed Income Benefits Description of GMIB Plus III - Terminating the GMIB Plus III Rider” and “Death Benefit Optional Death Benefit-Enhanced Death Benefit II - Terminating the EDB II Rider”).
However, if you elected both the GMIB Plus II and the EDB I riders, and only the GMIB Plus II rider has terminated, or if you elected both the GMIB Plus III and the EDB II riders, and only the GMIB Plus III rider has terminated, the restrictions on subsequent Purchase Payments described above will continue to apply.
If your contract was issued in one of the following states, this restriction on subsequent Purchase Payments does not apply and you may continue to make subsequent Purchase Payments at this time: Connecticut, Florida, Massachusetts, Maryland, Minnesota, New Jersey, Oregon, Pennsylvania, Texas, Utah, or Washington.
Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB
Current Restrictions on Subsequent Purchase Payments. If applicable in your state and except as noted below, until further notice we will not accept subsequent Purchase Payments from you after the close of the New York Stock Exchange on August 17, 2012 if your contract was issued with one of the following optional riders: GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB. You still will be permitted to transfer Account Value among the Investment Portfolios available with your contract and rider. If subsequent Purchase Payments will be permitted in the future, we will notify you in writing, in advance of the date the restriction will end.
We will permit you to make a subsequent Purchase Payment when either of the following conditions apply to your contract: (a) your Account Value is below the minimum described in the “Purchase Termination for Low Account Value” section; or (b) the rider charge is greater than your Account Value.
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In addition, for IRAs (including annuity contracts held under Custodial IRAs), we will permit subsequent Purchase Payments up to your applicable annual IRS limits, provided the subsequent Purchase Payment is not in the form of a transfer or rollover from another tax-qualified plan or tax-qualified investment. We will permit subsequent Purchase Payments for Qualified Contracts (other than IRAs and annuity contracts held under Custodial IRAs), provided the subsequent Purchase Payment is not in the form of a transfer or rollover from another tax-qualified plan.
Restrictions on Subsequent Purchase Payments for GMIB Plus I after Rider Terminates. If you elected the GMIB Plus I rider and it terminates (see “Living Benefits Guaranteed Income Benefits Description of GMIB Plus I”), the restrictions on subsequent Purchase Payments described above will no longer apply.
If your contract was issued in one of the following states, this restriction on subsequent Purchase Payments does not apply and you may continue to make subsequent Purchase Payments at this time: Connecticut, Florida, Massachusetts, Maryland, Minnesota, New Jersey, Oregon, Pennsylvania, Texas, Utah, or Washington.
Free Look
If you change your mind about owning this contract, you can cancel it within 10 days after receiving it (or the period required in your state).This period is called the Free Look period. We ask that you submit your request to cancel in writing, signed by you, to our Annuity Service Center. Unless otherwise required by state law, you will receive back whatever your contract is worth on the day we receive your request. This may be more or less than your Purchase Payment depending upon the performance of the Investment Portfolios (and any interest credited by the Fixed Account, if applicable) according to your Purchase Payment allocation during the Free Look period. This means that you bear the risk of any decline in the value of your contract due to Investment Portfolio performance during the Free Look period. We do not refund any charges or deductions assessed during the Free Look period. In certain states, we are required to give you back your Purchase Payment if you decide to cancel your contract during the Free Look period.
Accumulation Units
The portion of your Account Value allocated to the Separate Account will go up or down depending upon the investment performance of the Investment Portfolio(s) you choose. In order to keep track of this portion of your Account Value, we use a unit of measure we call an Accumulation Unit. (An Accumulation Unit works like a
share of a mutual fund.) In addition to the investment performance of the Investment Portfolio, the deduction of Separate Account charges also affects an Investment Portfolio’s Accumulation Unit value, as explained below.
Every Business Day as of the close of the New York Stock Exchange (generally 4:00 p.m. Eastern Time), we determine the value of an Accumulation Unit for each of the Investment Portfolios by multiplying the Accumulation Unit value for the immediately preceding Business Day by a factor for the current Business Day. The factor is determined by:
1)    dividing the net asset value per share of the Investment Portfolio at the end of the current Business Day, plus any dividend or capital gains per share declared on behalf of the Investment Portfolio as of that day, by the net asset value per share of the Investment Portfolio for the previous Business Day, and
2)    multiplying it by one minus the Separate Account product charges (including any rider charge for the Annual Step-Up Death Benefit, the Compounded-Plus Death Benefit, and/or the Additional Death Benefit — Earnings Preservation Benefit) for each day since the last Business Day and any charges for taxes.
The value of an Accumulation Unit may go up or down from day to day.
When you make a Purchase Payment, we credit your contract with Accumulation Units. The number of Accumulation Units credited is determined by dividing the amount of the Purchase Payment allocated to an Investment Portfolio by the value of the Accumulation Unit for that Investment Portfolio.
Purchase Payments and transfer requests are credited to a contract on the basis of the Accumulation Unit value next determined after receipt of a Purchase Payment or transfer request. Purchase Payments or transfer requests received before the close of the New York Stock Exchange will be credited to your contract that day, after the New York Stock Exchange closes. Purchase Payments or transfer requests received after the close of the New York Stock Exchange, or on a day when the New York Stock Exchange is not open, will be treated as received on the next day the New York Stock Exchange is open (the next Business Day).
Example:
On Monday we receive an additional Purchase Payment of $5,000 from you before 4:00 p.m. Eastern Time. You have told us you want this to go to the Victory Sycamore Mid Cap Value Portfolio. When the New York Stock Exchange closes on that Monday, we determine that the
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value of an Accumulation Unit for the Victory Sycamore Mid Cap Value Portfolio is $13.90. We then divide $5,000 by $13.90 and credit your contract on Monday night with 359.71 Accumulation Units for the Victory Sycamore Mid Cap Value Portfolio.
Account Value
Account Value is equal to the sum of your interests in the Investment Portfolios and the Fixed Account. Your interest in each Investment Portfolio is determined by multiplying the number of Accumulation Units for that portfolio by the value of the Accumulation Unit.
Replacement of Contracts
Exchange Programs. From time to time we may offer programs under which certain fixed or variable annuity contracts previously issued by us or one of our affiliates may be exchanged for the contracts offered by this prospectus. Currently, with respect to exchanges from certain of our variable annuity contracts to this contract, an existing contract is eligible for exchange if a withdrawal from, or surrender of, the contract would not trigger a withdrawal charge. The Account Value of this contract will not be subject to any withdrawal charge. You should carefully consider whether an exchange is appropriate for you by comparing the death benefits, living benefits, and other guarantees provided by the contract you currently own to the benefits and guarantees that would be provided by the new contract offered by this prospectus. Then, you should compare the fees and charges (for example, the death benefit charges, the living benefit charges, and the mortality and expense charge) of your current contract to the fees and charges of the new contract, which may be higher than your current contract. The programs we offer will be made available on terms and conditions determined by us, and any such programs will comply with applicable law. We believe the exchanges will be tax free for federal income tax purposes; however, you should consult your tax adviser before making any such exchange.
Other Exchanges. Generally, you can exchange one variable annuity contract for another in a tax-free exchange under Section 1035 of the Internal Revenue Code. Before making an exchange, you should compare both annuities carefully. If you exchange another annuity for the one described in this prospectus, you might have to pay a withdrawal charge on your old annuity, and other charges may be higher (or lower) and the benefits may be different. Also, because we will not issue the contract until we have received the initial premium from your existing insurance company, the issuance of the contract may be delayed. Generally, it is not advisable to purchase a contract as a
replacement for an existing variable annuity contract. Before you exchange another annuity for our contract, ask your financial representative whether the exchange would be advantageous, given the contract features, benefits and charges.
INVESTMENT OPTIONS
The contract offers 59 Investment Portfolios, which are listed below. Additional Investment Portfolios may be available in the future.
You should read the prospectuses for these funds carefully before investing. You can obtain copies of the fund prospectuses by calling or writing to us at: Brighthouse Life Insurance Company, Annuity Service Center, P.O. Box 305075, Nashville, TN 37230-5075, (888) 243-1932. You can also obtain information about the funds (including a copy of the Statement of Additional Information) by accessing the Securities and Exchange Commission’s website at http://www.sec.gov. Appendix B contains a summary of advisers, subadvisers, and investment objectives for each Investment Portfolio.
The investment objectives and policies of certain of the Investment Portfolios may be similar to the investment objectives and policies of other mutual funds that certain of the Investment Portfolios' investment advisers manage. Although the objectives and policies may be similar, the investment results of the Investment Portfolios may be higher or lower than the results of such other mutual funds. The investment advisers cannot guarantee, and make no representation, that the investment results of similar funds will be comparable even though the funds may have the same investment advisers. Also, in selecting your Investment Portfolios, you should be aware that certain Investment Portfolios may have similar investment objectives but differ with respect to fees and charges.
Shares of the Investment Portfolios may be offered to insurance company separate accounts of both variable annuity and variable life insurance contracts and to qualified plans. Due to differences in tax treatment and other considerations, the interests of various Owners participating in, and the interests of qualified plans investing in the Investment Portfolios may conflict. The Investment Portfolios will monitor events in order to identify the existence of any material irreconcilable conflicts and determine what action, if any, should be taken in response to any such conflict.
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The Investment Portfolios listed below are managed in a way that is intended to minimize volatility of returns (referred to as a “managed volatility strategy”):
(a) AB Global Dynamic Allocation Portfolio
(b) AQR Global Risk Balanced Portfolio
(c) BlackRock Global Tactical Strategies Portfolio
(d) Brighthouse Balanced Plus Portfolio
(e) Invesco Balanced-Risk Allocation Portfolio
(f) JPMorgan Global Active Allocation Portfolio
(g) MetLife Multi-Index Targeted Risk Portfolio
(h) PanAgora Global Diversified Risk Portfolio
(i) Schroders Global Multi-Asset Portfolio
Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors or general market conditions. Bond prices may fluctuate because they move in the opposite direction of interest rates. Foreign investing carries additional risks such as currency and market volatility. A managed volatility strategy is designed to reduce volatility of returns to the above Investment Portfolios from investing in stocks and bonds. This strategy seeks to reduce such volatility by “smoothing” returns, which may result in an Investment Portfolio outperforming the general securities market during periods of flat or negative market performance, and underperforming the general securities market during periods of positive market performance. This means that in periods of high market volatility, this managed volatility strategy could limit your participation in market gains; this may conflict with your investment objectives by limiting your ability to maximize potential growth of your Account Value and, in turn, the value of any guaranteed benefit that is tied to investment performance. Other Investment Portfolios may offer the potential for higher returns.
If you elect certain optional riders, you will be subject to investment allocation restrictions that include these Investment Portfolios. This is intended in part to reduce the risk of investment losses that could require us to use our own assets to make payments in connection with the guarantees under those riders. You pay an additional fee for a guaranteed benefit which, in part, pays for protecting the rider benefit base from investment losses. Since the rider benefit base does not decrease as a result of investment losses, a managed volatility strategy might not provide meaningful additional benefit to you. Please see the Investment Portfolio prospectuses for more information in
general, as well as more information about the managed volatility strategy.
Certain Payments We Receive with Regard to the Investment Portfolios. An investment adviser (other than our affiliate Brighthouse Investment Advisers, LLC) or subadviser of an Investment Portfolio, or its affiliates, may make payments to us and/or certain of our affiliates. These payments may be used for a variety of purposes, including payment of expenses for certain administrative, marketing, and support services with respect to the contracts and, in our role as an intermediary, with respect to the Investment Portfolios. We and our affiliates may profit from these payments. These payments may be derived, in whole or in part, from the advisory fee deducted from Investment Portfolio assets. Contract Owners, through their indirect investment in the Investment Portfolios, bear the costs of these advisory fees (see the prospectuses for the Investment Portfolios for more information). The amount of the payments we receive is based on a percentage of assets of the Investment Portfolios attributable to the contracts and certain other variable insurance products that we and our affiliates issue. These percentages differ and some advisers or subadvisers (or their affiliates) may pay us more than others. These percentages currently range up to 0.50%.
Additionally, an investment adviser (other than our affiliate Brighthouse Investment Advisers, LLC) or subadviser of an Investment Portfolio or its affiliates may provide us with wholesaling services that assist in the distribution of the contracts and may pay us and/or certain of our affiliates amounts to participate in sales meetings. These amounts may be significant and may provide the adviser or subadviser (or its affiliate) with increased access to persons involved in the distribution of the contracts.
We and/or certain of our affiliated insurance companies have joint ownership interests in our affiliated investment adviser, Brighthouse Investment Advisers, LLC, which is formed as a “limited liability company.” Our ownership interests in Brighthouse Investment Advisers, LLC entitle us to profit distributions if the adviser makes a profit with respect to the advisory fees it receives from the Investment Portfolios. We will benefit accordingly from assets allocated to the Investment Portfolios to the extent they result in profits to the adviser. (See “Fee Tables and Examples — Investment Portfolio Fees and Expenses” for information on the management fees paid by the Investment Portfolios and the Statements of Additional Information for the Investment Portfolios for information on the management fees paid by the adviser to the subadvisers.)
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Certain Investment Portfolios have adopted a Distribution Plan under Rule 12b-1 of the Investment Company Act of 1940. (See “Fee Tables and Examples — Investment Portfolio Fees and Expenses” for the amounts of the 12b-1 fees.) An Investment Portfolio's 12b-1 Plan, if any, is described in more detail in the Investment Portfolio's prospectus. Any payments we receive pursuant to those 12b-1 Plans are paid to us or our distributor. (See “Other Information — Distributor” for more information.) Payments under an Investment Portfolio's 12b-1 Plan decrease the Investment Portfolio's investment return.
We select the Investment Portfolios offered through this contract based on a number of criteria, including asset class coverage, the strength of the adviser's or subadviser's reputation and tenure, brand recognition, performance, and the capability and qualification of each investment firm. Another factor we consider during the selection process is whether the Investment Portfolio's adviser or subadviser is one of our affiliates or whether the Investment Portfolio, its adviser, its subadviser(s), or an affiliate will make payments to us or our affiliates. In this regard, the profit distributions we receive from our affiliated investment adviser are a component of the total revenue that we consider in configuring the features and investment choices available in the variable insurance products that we and our affiliated insurance companies issue. Since we and our affiliated insurance companies may benefit more from the allocation of assets to portfolios advised by our affiliates than to those that are not, we may be more inclined to offer portfolios advised by our affiliates in the variable insurance products we issue. We review the Investment Portfolios periodically and may remove an Investment Portfolio or limit its availability to new Purchase Payments and/or transfers of Account Value if we determine that the Investment Portfolio no longer meets one or more of the selection criteria, and/or if the Investment Portfolio has not attracted significant allocations from contract Owners. In some cases, we have included Investment Portfolios based on recommendations made by selling firms. These selling firms may receive payments from the Investment Portfolios they recommend and may benefit accordingly from the allocation of Account Value to such Investment Portfolios.
We do not provide any investment advice and do not recommend or endorse any particular Investment Portfolio. You bear the risk of any decline in the Account Value of your contract resulting from the performance of the Investment Portfolios you have chosen.
Brighthouse Funds Trust I
Brighthouse Funds Trust I is a mutual fund with multiple portfolios. Brighthouse Investment Advisers, LLC (Brighthouse Investment Advisers) is the investment manager of Brighthouse Funds Trust I. Brighthouse Investment Advisers has engaged subadvisers to provide investment advice for the individual Investment Portfolios. (See Appendix B for the names of the subadvisers.) The following portfolios are available under the contract:
AB Global Dynamic Allocation Portfolio (Class B)*
American Funds® Balanced Allocation Portfolio (Class C)
American Funds® Growth Allocation Portfolio (Class C)
American Funds® Growth Portfolio (Class C)
American Funds® Moderate Allocation Portfolio (Class C)
AQR Global Risk Balanced Portfolio (Class B)*
BlackRock Global Tactical Strategies Portfolio (Class B)*
BlackRock High Yield Portfolio (Class B)
Brighthouse Asset Allocation 100 Portfolio (Class B)
Brighthouse Balanced Plus Portfolio (Class B)*
Brighthouse Small Cap Value Portfolio (Class B)
Brighthouse/Aberdeen Emerging Markets Equity Portfolio (Class B)
Brighthouse/Eaton Vance Floating Rate Portfolio (Class B)
Brighthouse/Franklin Low Duration Total Return Portfolio (Class B)
Brighthouse/Templeton International Bond Portfolio (Class B)#
Clarion Global Real Estate Portfolio (Class B)
Harris Oakmark International Portfolio (Class B)
Invesco Balanced-Risk Allocation Portfolio (Class B)*
Invesco Comstock Portfolio (Class B)
Invesco Small Cap Growth Portfolio (Class B)
JPMorgan Core Bond Portfolio (Class B)
JPMorgan Global Active Allocation Portfolio (Class B)*
Loomis Sayles Global Allocation Portfolio (Class B)
Loomis Sayles Growth Portfolio (Class B)
MetLife Multi-Index Targeted Risk Portfolio (Class B)*
MFS® Research International Portfolio (Class B)
PanAgora Global Diversified Risk Portfolio (Class B)*
PIMCO Inflation Protected Bond Portfolio (Class B)
PIMCO Total Return Portfolio (Class B)
Schroders Global Multi-Asset Portfolio (Class B)*
SSGA Growth and Income ETF Portfolio (Class B)
SSGA Growth ETF Portfolio (Class B)
T. Rowe Price Large Cap Value Portfolio (Class B)
T. Rowe Price Mid Cap Growth Portfolio (Class B)
Victory Sycamore Mid Cap Value Portfolio (Class B)
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Wells Capital Management Mid Cap Value Portfolio (Class B)
Western Asset Management Government Income Portfolio (Class B)*
Brighthouse Funds Trust II
Brighthouse Funds Trust II is a mutual fund with multiple portfolios. Brighthouse Investment Advisers is the investment adviser to the portfolios. Brighthouse Investment Advisers has engaged subadvisers to provide investment advice for the individual Investment Portfolios. (See Appendix B for the names of the subadvisers.) The following portfolios are available under the contract:
Baillie Gifford International Stock Portfolio (Class B)
BlackRock Ultra-Short Term Bond Portfolio (Class B)
Brighthouse Asset Allocation 20 Portfolio (Class B)
Brighthouse Asset Allocation 40 Portfolio (Class B)
Brighthouse Asset Allocation 60 Portfolio (Class B)
Brighthouse Asset Allocation 80 Portfolio (Class B)
Brighthouse/Artisan Mid Cap Value Portfolio (Class B)
Brighthouse/Dimensional International Small Company Portfolio (Class B)
Brighthouse/Wellington Core Equity Opportunities Portfolio (Class B)
Frontier Mid Cap Growth Portfolio (Class B)
Jennison Growth Portfolio (Class B)
MetLife Aggregate Bond Index Portfolio (Class G)*
MetLife Mid Cap Stock Index Portfolio (Class G)
MetLife MSCI EAFE® Index Portfolio (Class G)
MetLife Russell 2000® Index Portfolio (Class G)
MetLife Stock Index Portfolio (Class B)
MFS® Value Portfolio (Class B)
Neuberger Berman Genesis Portfolio (Class B)
T. Rowe Price Large Cap Growth Portfolio (Class B)
VanEck Global Natural Resources Portfolio (Class B)#
Western Asset Management Strategic Bond Opportunities Portfolio (Class B)
Western Asset Management U.S. Government Portfolio (Class B)
* If you elect the GMIB Max I rider and/or the EDB Max I rider, you must allocate your Purchase Payments and Account Value among these Investment Portfolios. (See “Purchase — Investment Allocation Restrictions for Certain Riders.”) These Investment Portfolios are also available for investment if you do not elect the GMIB Max I rider and/or the EDB Max I rider.
# This portfolio is only available for investment if certain optional riders are elected. (See “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”)
Investment Portfolios That Are Funds-of-Funds
The following Investment Portfolios available within Brighthouse Funds Trust I and Brighthouse Funds Trust II are “funds of funds”:
American Funds® Balanced Allocation Portfolio
American Funds® Growth Allocation Portfolio
American Funds® Moderate Allocation Portfolio
BlackRock Global Tactical Strategies Portfolio
Brighthouse Asset Allocation 20 Portfolio
Brighthouse Asset Allocation 40 Portfolio
Brighthouse Asset Allocation 60 Portfolio
Brighthouse Asset Allocation 80 Portfolio
Brighthouse Asset Allocation 100 Portfolio
Brighthouse Balanced Plus Portfolio
MetLife Multi-Index Targeted Risk Portfolio
SSGA Growth and Income ETF Portfolio
SSGA Growth ETF Portfolio
“Fund of funds” Investment Portfolios invest substantially all of their assets in other portfolios and/or exchange-traded funds (“Underlying ETFs”). Therefore, each of these Investment Portfolios will bear its pro rata share of the fees and expenses incurred by the underlying portfolios or Underlying ETFs in which it invests in addition to its own management fees and expenses. This will reduce the investment return of each of the fund of funds Investment Portfolios. The expense levels will vary over time, depending on the mix of underlying portfolios or Underlying ETFs in which the fund of funds Investment Portfolio invests. Contract Owners may be able to realize lower aggregate expenses by investing directly in the underlying portfolios and Underlying ETFs instead of investing in the fund of funds Investment Portfolios, if such underlying portfolios or Underlying ETFs are available under the contract. However, no Underlying ETFs and only some of the underlying portfolios are available under the contract.
Transfers
General. You can transfer a portion of your Account Value among the Fixed Account and the Investment Portfolios. The contract provides that you can make a maximum of 12 transfers every year and that each transfer is made without charge. We measure a year from the anniversary of the day we issued your contract. We currently allow unlimited transfers but reserve the right to limit this in the future. We may also limit transfers in circumstances of frequent or large transfers, or other transfers we determine are or would be to the disadvantage of other contract Owners. (See “Restrictions on Frequent Transfers” and “Restrictions on Large Transfers” below.) We also may be required to suspend the right to transfers in certain circumstances (see “Access to Your Money Suspension of Payments or Transfers”). We are not currently charging a transfer fee, but we reserve the right to charge such a fee in the future. If such a charge were to be imposed, it would be $25 for each transfer over 12 in a
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year. The transfer fee will be deducted from the Investment Portfolio or Fixed Account from which the transfer is made. However, if the entire interest in an account is being transferred, the transfer fee will be deducted from the amount which is transferred.
You can make a transfer to or from any Investment Portfolio or the Fixed Account, subject to the limitations below. All transfers made on the same Business Day will be treated as one transfer. Transfers received before the close of trading on the New York Stock Exchange will take effect as of the end of the Business Day. The following apply to any transfer:
Your request for transfer must clearly state which Investment Portfolio(s) or the Fixed Account are involved in the transfer.
Your request for transfer must clearly state how much the transfer is for.
The minimum amount you can transfer is $500 from an Investment Portfolio, or your entire interest in the Investment Portfolio, if less (this does not apply to pre-scheduled transfer programs).
The minimum amount that may be transferred from the Fixed Account is $500, or your entire interest in the Fixed Account. Transfers out of the Fixed Account during the Accumulation Phase are limited to the greater of: (a) 25% of the Fixed Account value at the beginning of the Contract Year, or (b) the amount transferred out of the Fixed Account in the prior Contract Year. Currently we are not imposing these restrictions on transfers out of the Fixed Account, but we have the right to reimpose them at any time. You should be aware that, if transfer restrictions are imposed, it may take a while (even if you make no additional Purchase Payments or transfers into the Fixed Account) to make a complete transfer of your Account Value from the Fixed Account. When deciding whether to invest in the Fixed Account it is important to consider whether the transfer restrictions fit your risk tolerance and time horizon.
You may not make a transfer to more than 18 Investment Portfolios (including the Fixed Account) at any time if the request is made by telephone to our voice response system or by Internet. A request to transfer to more than 18 Investment Portfolios (including the Fixed Account) may be made by calling or writing our Annuity Service Center.
If you have elected to add the GMIB Plus I, GMIB Plus II, GMIB Plus III, GMIB Max I, Lifetime Withdrawal
  Guarantee I, Lifetime Withdrawal Guarantee II, Enhanced Death Benefit I, Enhanced Death Benefit II, or EDB Max I rider to your contract, you may only make transfers between certain Investment Portfolios. Please refer to the sections “Purchase — Allocation of Purchase Payments” and “Purchase — Investment Allocation Restrictions for Certain Riders.”
If you have elected to add the Guaranteed Minimum Accumulation Benefit rider to your contract, you may not transfer out of the Investment Portfolio you chose at issue until the rider terminates. Please refer to the section “Living Benefits — Guaranteed Minimum Accumulation Benefit.”
During the Accumulation Phase, to the extent permitted by applicable law, during times of drastic economic or market conditions, we may suspend the transfer privilege temporarily without notice and treat transfer requests based on their separate components (a redemption order with simultaneous request for purchase of another Investment Portfolio). In such a case, the redemption order would be processed at the source Investment Portfolio's next determined Accumulation Unit value. However, the purchase of the new Investment Portfolio would be effective at the next determined Accumulation Unit value for the new Investment Portfolio only after we receive the proceeds from the source Investment Portfolio, or we otherwise receive cash on behalf of the source Investment Portfolio.
For transfers during the Accumulation Phase, we have reserved the right to restrict transfers to the Fixed Account if any one of the following conditions exist:
the credited interest rate on the Fixed Account is equal to the guaranteed minimum rate indicated in your contract;or
your Account Value in the Fixed Account equals or exceeds our published maximum for Fixed Account allocation (currently, there is no limit; we will notify you of any such maximum allocation limit); or
a transfer was made out of the Fixed Account within the previous 180 days.
During the Income Phase, you cannot make transfers from a fixed Annuity Payment option to the Investment Portfolios. You can, however, make transfers during the Income Phase from the Investment Portfolios to a fixed Annuity Payment option and among the Investment Portfolios.
Transfers by Telephone or Other Means. You may elect to make transfers by telephone, Internet or other
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means acceptable to us. To elect this option, you must first provide us with a notice or agreement in Good Order. If you own the contract with a Joint Owner, unless we are instructed otherwise, we will accept instructions from either you or the other Owner. (See “Other Information — Requests and Elections.”)
All transfers made on the same day will be treated as one transfer. A transfer will be made as of the end of the Business Day when we receive a notice containing all the required information necessary to process the request. We will consider telephone and Internet requests received after the close of the New York Stock Exchange (generally 4:00 p.m. Eastern Time), or on a day when the New York Stock Exchange is not open, to be received on the next day the New York Stock Exchange is open (the next Business Day).
Pre-Scheduled Transfer Program. There are certain programs that involve transfers that are pre-scheduled. When a transfer is made as a result of such a program, we do not count the transfer in determining the applicability of any transfer fee and certain minimums do not apply. The current pre-scheduled transfers are made in conjunction with the following: Dollar Cost Averaging Programs and Automatic Rebalancing Programs.
Restrictions on Frequent Transfers. Frequent requests from contract Owners to transfer Account Value may dilute the value of an Investment Portfolio’s shares if the frequent trading involves an attempt to take advantage of pricing inefficiencies created by a lag between a change in the value of the securities held by the portfolio and the reflection of that change in the portfolio's share price (“arbitrage trading”). Frequent transfers involving arbitrage trading may adversely affect the long-term performance of the Investment Portfolios, which may in turn adversely affect contract Owners and other persons who may have an interest in the contracts (e.g., Annuitants and Beneficiaries).
We have policies and procedures that attempt to detect and deter frequent transfers in situations where we determine there is a potential for arbitrage trading. Currently, we believe that such situations may be presented in the international, small-cap, and high-yield Investment Portfolios. In addition, as described below, we monitor transfer activity in all American Funds Insurance Series® portfolios. We monitor transfer activity in the following portfolios (the “Monitored Portfolios”):
Baillie Gifford International Stock Portfolio
BlackRock High Yield Portfolio
Brighthouse Small Cap Value Portfolio
Brighthouse/Aberdeen Emerging Markets Equity Portfolio
Brighthouse/Dimensional International Small Company Portfolio
Brighthouse/Eaton Vance Floating Rate Portfolio
Brighthouse/Templeton International Bond Portfolio
Clarion Global Real Estate Portfolio
Harris Oakmark International Portfolio
Invesco Small Cap Growth Portfolio
Loomis Sayles Global Allocation Portfolio
MetLife MSCI EAFE® Index Portfolio
MetLife Russell 2000® Index Portfolio
MFS® Research International Portfolio
Neuberger Berman Genesis Portfolio
VanEck Global Natural Resources Portfolio
Western Asset Management Strategic Bond Opportunities Portfolio
We employ various means to monitor transfer activity, such as examining the frequency and size of transfers into and out of the Monitored Portfolios within given periods of time. For example, we currently monitor transfer activity to determine if, for each category of international, small-cap, and high-yield portfolios, in a 12-month period there were: (1) six or more transfers involving the given category; (2) cumulative gross transfers involving the given category that exceed the current Account Value; and (3) two or more “round-trips” involving the given category. A round-trip generally is defined as a transfer in followed by a transfer out within the next seven calendar days or a transfer out followed by a transfer in within the next seven calendar days, in either case subject to certain other criteria. We do not believe that other Investment Portfolios present a significant opportunity to engage in arbitrage trading and therefore do not monitor transfer activity in those portfolios. We may change the Monitored Portfolios at any time without notice in our sole discretion.
Our policies and procedures may result in transfer restrictions being applied to deter frequent transfers. Currently, when we detect transfer activity in the Monitored Portfolios that exceeds our current transfer limits, we will impose transfer restrictions on the entire contract and will require future transfer requests to or from any Investment Portfolio under that contract to be submitted in writing with an original signature. A first occurrence will result in a warning letter; a second occurrence will result in the imposition of this restriction for a six-month period; a third occurrence will result in the permanent imposition of the restriction. Transfers made under a Dollar Cost Averaging Program, a rebalancing program or, if applicable, any asset allocation program described in this prospectus are not treated as transfers when we monitor the frequency of transfers.
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The detection and deterrence of harmful transfer activity involves judgments that are inherently subjective, such as the decision to monitor only those Investment Portfolios that we believe are susceptible to arbitrage trading or the determination of the transfer limits. Our ability to detect and/or restrict such transfer activity may be limited by operational and technological systems, as well as our ability to predict strategies employed by Owners to avoid such detection. Our ability to restrict such transfer activity also may be limited by provisions of the contract. Accordingly, there is no assurance that we will prevent all transfer activity that may adversely affect Owners and other persons with interests in the contracts. We do not accommodate frequent transfers in any Investment Portfolio and there are no arrangements in place to permit any contract Owner to engage in frequent transfers; we apply our policies and procedures without exception, waiver, or special arrangement.
The Investment Portfolios may have adopted their own policies and procedures with respect to frequent transfers in their respective shares, and we reserve the right to enforce these policies and procedures. For example, Investment Portfolios may assess a redemption fee (which we reserve the right to collect) on shares held for a relatively short period. The prospectuses for the Investment Portfolios describe any such policies and procedures, which may be more or less restrictive than the policies and procedures we have adopted. Although we may not have the contractual authority or the operational capacity to apply the frequent transfer policies and procedures of the Investment Portfolios, we have entered into a written agreement, as required by SEC regulation, with each Investment Portfolio or its principal underwriter that obligates us to provide to the Investment Portfolio promptly upon request certain information about the trading activity of individual contract Owners, and to execute instructions from the Investment Portfolio to restrict or prohibit further purchases or transfers by specific contract Owners who violate the frequent transfer policies established by the Investment Portfolio.
In addition, contract Owners and other persons with interests in the contracts should be aware that the purchase and redemption orders received by the Investment Portfolios generally are “omnibus” orders from intermediaries, such as retirement plans or separate accounts funding variable insurance contracts. The omnibus orders reflect the aggregation and netting of multiple orders from individual Owners of variable insurance contracts and/or individual retirement plan participants. The omnibus nature of these orders may limit
the Investment Portfolios in their ability to apply their frequent transfer policies and procedures. In addition, the other insurance companies and/or retirement plans may have different policies and procedures or may not have any such policies and procedures because of contractual limitations. For these reasons, we cannot guarantee that the Investment Portfolios (and thus contract Owners) will not be harmed by transfer activity relating to other insurance companies and/or retirement plans that may invest in the Investment Portfolios. If an Investment Portfolio believes that an omnibus order reflects one or more transfer requests from contract Owners engaged in frequent trading, the Investment Portfolio may reject the entire omnibus order.
In accordance with applicable law, we reserve the right to modify or terminate the transfer privilege at any time. We also reserve the right to defer or restrict the transfer privilege at any time that we are unable to purchase or redeem shares of any of the Investment Portfolios, including any refusal or restriction on purchases or redemptions of their shares as a result of their own policies and procedures on frequent transfers (even if an entire omnibus order is rejected due to the frequent transfers of a single contract Owner). You should read the Investment Portfolio prospectuses for more details.
Restrictions on Large Transfers. Large transfers may increase brokerage and administrative costs of the Investment Portfolios and may disrupt portfolio management strategy, requiring an Investment Portfolio to maintain a high cash position and possibly resulting in lost investment opportunities and forced liquidations. We do not monitor for large transfers to or from Investment Portfolios except where the portfolio manager of a particular Investment Portfolio has brought large transfer activity to our attention for investigation on a case-by-case basis. For example, some portfolio managers have asked us to monitor for “block transfers” where transfer requests have been submitted on behalf of multiple contract Owners by a third party such as an investment adviser. When we detect such large trades, we may impose restrictions similar to those described above where future transfer requests from that third party must be submitted in writing with an original signature. A first occurrence will result in a warning letter; a second occurrence will result in the imposition of this restriction for a six-month period; a third occurrence will result in the permanent imposition of the restriction.
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Dollar Cost Averaging Program (DCA)
We offer a dollar cost averaging (DCA) program which is described below. By allocating amounts on a regular schedule as opposed to allocating the total amount at one particular time, you may be less susceptible to the impact of market fluctuations. The dollar cost averaging program is available only during the Accumulation Phase.
We reserve the right to modify, terminate or suspend the dollar cost averaging program. There is no additional charge for participating in the dollar cost averaging program. If you participate in the dollar cost averaging program, the transfers made under the program are not taken into account in determining any transfer fee. We may, from time to time, offer other dollar cost averaging programs which have terms different from those described in this prospectus. We will terminate your participation in a dollar cost averaging program when we receive notification of your death.
This program allows you to systematically transfer a set amount each month from the Fixed Account or from the BlackRock Ultra-Short Term Bond Portfolio to any of the other available Investment Portfolio(s) you select. We provide certain exceptions from our normal Fixed Account restrictions to accommodate the dollar cost averaging program. These transfers are made on a date you select or, if you do not select a date, on the date that a Purchase Payment or Account Value is allocated to the dollar cost averaging program. However, transfers will be made on the 1st day of the following month for Purchase Payments or Account Value allocated to the dollar cost averaging program on the 29th, 30th, or 31st day of a month.
If you make an additional Purchase Payment while a Dollar Cost Averaging (DCA) program is in effect, we will not allocate the additional payment to the DCA program unless you tell us to do so. Instead, unless you previously provided different allocation instructions for future Purchase Payments or provide new allocation instructions with the payment, we will allocate the additional Purchase Payment directly to the same destination Investment Portfolios you selected under the DCA program. Any Purchase Payments received after the DCA program has ended will be allocated as described in “Purchase — Allocation of Purchase Payments.” If you make such an addition to your existing DCA program, the DCA transfer amount will not be increased; however, the number of months over which transfers are made is increased, unless otherwise elected in writing. You can terminate the program at any time, at which point transfers under the program will stop. This program is not available if you have selected the GMIB
Plus I, GMIB Plus II, GMIB Plus III, GMIB Max I, Lifetime Withdrawal Guarantee II, GMAB, Enhanced Death Benefit I, Enhanced Death Benefit II, or EDB Max I rider.
Automatic Rebalancing Program
Once your money has been allocated to the Investment Portfolios, the performance of each portfolio may cause your allocation to shift. You can direct us to automatically rebalance your contract to return to your original percentage allocations by selecting our Automatic Rebalancing Program. You can tell us whether to rebalance monthly, quarterly, semi-annually or annually.
An automatic rebalancing program is intended to transfer Account Value from those portfolios that have increased in value to those that have declined or not increased as much in value. Over time, this method of investing may help you “buy low and sell high,” although there can be no assurance that this objective will be achieved. Automatic rebalancing does not guarantee profits, nor does it assure that you will not have losses.
We will measure the rebalancing periods from the anniversary of the date we issued your contract. If the dollar cost averaging program is in effect, rebalancing allocations will be based on your current DCA allocations. If you are not participating in the dollar cost averaging program, we will make allocations based upon your current Purchase Payment allocations, unless you tell us otherwise.
The Automatic Rebalancing Program is available only during the Accumulation Phase. There is no additional charge for participating in the Automatic Rebalancing Program. If you participate in the Automatic Rebalancing Program, the transfers made under the program are not taken into account in determining any transfer fee. We will terminate your participation in the Automatic Rebalancing Program when we receive notification of your death. If you have selected the GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, Enhanced Death Benefit I, or Enhanced Death Benefit II riders, the Fixed Account is available for automatic rebalancing. If you have selected the GMIB Max I or EDB Max I riders, the Fixed Account is not available for automatic rebalancing. The Automatic Rebalancing Program is not available if you have selected the GMAB rider.
Example:
Assume that you want your initial Purchase Payment split between two Investment Portfolios. You want 40% to be in the MetLife Aggregate Bond Index Portfolio and 60% to be in the Loomis Sayles Growth Portfolio. Over
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the next 2 12 months the bond market does very well while the stock market performs poorly. At the end of the first quarter, the MetLife Aggregate Bond Index Portfolio now represents 50% of your holdings because of its increase in value. If you have chosen to have your holdings rebalanced quarterly, on the first day of the next quarter, we will sell some of your units in the MetLife Aggregate Bond Index Portfolio to bring its value back to 40% and use the money to buy more units in the Loomis Sayles Growth Portfolio to increase those holdings to 60%.
Voting Rights
We are the legal owner of the Investment Portfolio shares. However, we believe that when an Investment Portfolio solicits proxies in conjunction with a vote of shareholders, we are required to obtain from you and other affected Owners instructions as to how to vote those shares. When we receive those instructions, we will vote all of the shares we own in proportion to those instructions. This will also include any shares that we own on our own behalf. The effect of this proportional voting is that a small number of contract Owners may control the outcome of a vote. Should we determine that we are no longer required to comply with the above, we will vote the shares in our own right.
Substitution of Investment Options
If investment in the Investment Portfolios or a particular Investment Portfolio is no longer possible, in our judgment becomes inappropriate for purposes of the contract, or for any other reason in our sole discretion, we may substitute another Investment Portfolio or Investment Portfolios without your consent. The substituted Investment Portfolio may have different fees and expenses. Substitution may be made with respect to existing investments or the investment of future Purchase Payments, or both. However, we will not make such substitution without any necessary approval of the Securities and Exchange Commission and applicable state insurance departments. Furthermore, we may close Investment Portfolios to allocation of Purchase Payments or Account Value, or both, at any time in our sole discretion.
EXPENSES
There are charges and other expenses associated with the contract that reduce the return on your investment in the contract.These charges and expenses are:
Product Charges
Separate Account Product Charges. Each day, we make a deduction for our Separate Account product charges (which consist of the mortality and expense charge, the administration charge and the charges related to certain death benefit riders). We do this as part of our calculation of the value of the Accumulation Units and the Annuity Units (i.e., during the Accumulation Phase and the Income Phase — although death benefit charges no longer continue in the Income Phase).
Mortality and Expense Charge. We assess a daily mortality and expense charge that is equal, on an annual basis, to 1.50% of the average daily net asset value of each Investment Portfolio.
This charge compensates us generally for mortality risks we assume, including making Annuity Payments that will not change based on our actual mortality experience and providing a guaranteed minimum death benefit under the contract. The charge also compensates us for expense risks we assume to cover contract maintenance expenses. These expenses may include issuing contracts, maintaining records, making and maintaining subaccounts available under the contract and performing accounting, regulatory compliance, and reporting functions. This charge also compensates us for costs associated with the establishment and administration of the contract, including programs like transfers and dollar cost averaging. If the mortality and expense charge is inadequate to cover the actual expenses of mortality, maintenance, and administration, we will bear the loss. If the charge exceeds the actual expenses, we will add the excess to our profit and it may be used to finance distribution expenses or for any other purpose.
Administration Charge. This charge is equal, on an annual basis, to 0.25% of the average daily net asset value of each Investment Portfolio. This charge, together with the account fee (see below), is for the expenses associated with the administration of the contract. Some of these expenses are: issuing contracts, maintaining records, providing accounting, valuation, regulatory and reporting services, as well as expenses associated with marketing, sale and distribution of the contracts.
Death Benefit — Rider Charge
If you select one of the following death benefit riders, we will deduct a charge that compensates us generally for the
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costs and risks we assume in providing the benefit. This charge (assessed during the Accumulation Phase) is equal, on an annual basis, to the percentages below of the average daily net asset value of each Investment Portfolio:
Annual Step-Up Death Benefit 0.20%*
Compounded-Plus Death Benefit 0.35%*
Additional Death Benefit — Earnings Preservation Benefit 0.25%
*For contracts issued prior to May 1, 2003, the percentage charge for the Annual Step-Up Death Benefit is 0.10% and for the Compounded-Plus Death Benefit is 0.25% of the average daily net asset value of each Investment Portfolio.
Please check with your financial representative regarding which death benefits are available in your state.
If you select the EDB Max I or Enhanced Death Benefit II, and you are age 69 or younger at issue, we will assess a charge during the Accumulation Phase equal to 0.60% of the Death Benefit Base. If you are age 70-75 at issue, we will assess a charge during the Accumulation Phase equal to 1.15% of the Death Benefit Base (see “Death Benefit — Optional Death Benefit — EDB Max I” and “Death Benefit — Optional Death Benefit — Enhanced Death Benefit II” for a discussion of how the Death Benefit Base is determined).
If your Death Benefit Base is increased due to an Optional Step-Up, we may reset the Enhanced Death Benefit charge applicable beginning after the contract anniversary on which the Optional Step-Up occurs to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up. Starting with the first contract anniversary, the charge is assessed for the prior Contract Year at each contract anniversary before any Optional Step-Up.
If you: make a full withdrawal (surrender); begin to receive Annuity Payments at the Annuity Date; change the Owner or Joint Owner (or the Annuitant, if a non-natural person owns the contract); or assign the contract, a pro rata portion of the Enhanced Death Benefit charge will be assessed based on the number of months from the last contract anniversary to the date of the withdrawal, the beginning of Annuity Payments, the change of Owner/Annuitant, or the assignment. If an Enhanced Death Benefit rider is terminated because the contract is terminated; because the death benefit amount is determined; or because there are insufficient funds to deduct the rider charge from the Account Value, no Enhanced Death Benefit charge will
be assessed based on the number of months from the last contract anniversary to the date the termination takes effect.
The Enhanced Death Benefit charge is deducted from your Account Value pro rata from each Investment Portfolio and the Fixed Account in the ratio each portfolio/account bears to your total Account Value. We take amounts from the investment options that are part of the Separate Account by canceling Accumulation Units from the Separate Account.
For contracts issued from May 4, 2009 through July 16, 2010, the percentage charge for the Enhanced Death Benefit I is 0.75% of the Death Benefit Base if you were age 69 or younger at issue and 0.95% of the Death Benefit Base if you were age 70-75 at issue.
For contracts issued from February 24, 2009 through May 1, 2009, the percentage charge for the Enhanced Death Benefit I is 0.65% of the Death Benefit Base if you were age 69 or younger at issue and 0.90% of the Death Benefit Base if you were age 70-75 at issue.
For contracts issued on or before February 23, 2009, the percentage charge for the Enhanced Death Benefit I is 0.65% of the Death Benefit Base if you were age 69 or younger at issue and 0.85% of the Death Benefit Base if you were age 70-75 at issue.
For contracts issued on or before May 1, 2009, if you elected both the Enhanced Death Benefit I rider and the GMIB Plus II rider (described below), the percentage charge for the Enhanced Death Benefit is reduced by 0.05%. If you elected both the Enhanced Death Benefit I rider and the GMIB Plus II rider, and only the GMIB Plus II rider has terminated, the 0.05% reduction will continue to apply.
Account Fee
During the Accumulation Phase, every Contract Year on your contract anniversary (the anniversary of the date when your contract was issued), we will deduct $30 from your contract as an account fee for the prior Contract Year if your Account Value is less than $50,000. If you make a complete withdrawal from your contract, the full account fee will be deducted from the Account Value regardless of the amount of your Account Value. During the Accumulation Phase, the account fee is deducted pro rata from the Investment Portfolios. This charge is generally for the administration charge (see above). This charge cannot be increased.
A pro rata portion of the charge will be deducted from the Account Value on the Annuity Date or upon a full withdrawal, if this date is other than a contract
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anniversary. If your Account Value on the Annuity Date is at least $50,000, then we will not deduct the account fee. After the Annuity Date, the charge will be collected monthly out of the Annuity Payment, regardless of the size of your contract.
Guaranteed Minimum Income Benefit — Rider Charge
We offer a Guaranteed Minimum Income Benefit (GMIB) that you can select when you purchase the contract. There are six different versions of the GMIB under this contract: GMIB Max I, GMIB Plus III, GMIB Plus II, GMIB Plus I, GMIB II, and GMIB I.
If you select a GMIB rider, we assess a charge during the Accumulation Phase equal to a percentage of the Income Base at the time the rider charge is assessed. (See “Living Benefits — Guaranteed Income Benefits” for a description of how the Income Base is determined.) This charge compensates us generally for the costs and risks we assume in providing the benefit. The percentage charges for each version of the GMIB rider are listed below.
The GMIB rider charge is assessed at the first contract anniversary, and then at each subsequent contract anniversary, up to and including the anniversary on or immediately preceding the date the rider is exercised.
If you: make a full withdrawal (surrender); begin to receive Annuity Payments at the Annuity Date; change the Owner or Joint Owner (or the Annuitant, if a non-natural person owns the contract); or assign the contract, a pro rata portion of the GMIB rider charge will be assessed based on the number of months from the last contract anniversary to the date of the withdrawal, the beginning of Annuity Payments, the change of Owner/Annuitant, or the assignment.
If a GMIB rider is terminated for the following reasons, no GMIB rider charge will be assessed based on the number of months from the last contract anniversary to the date the termination takes effect:
the death of the Owner or Joint Owner (or the Annuitant, if a non-natural person owns the contract);
because it is the 30th day following the contract anniversary prior to the Owner’s 86th birthday (for GMIB I, GMIB II, or GMIB Plus I) or 91st birthday (for GMIB Plus II, GMIB Plus III, or GMIB Max I); or
the Guaranteed Principal Option is exercised (only applicable to GMIB Plus I, GMIB Plus II, GMIB Plus III, and GMIB Max I).
The GMIB rider charge is deducted from your Account Value pro rata from each Investment Portfolio and the Fixed Account in the ratio each portfolio/account bears to your total Account Value. We take amounts from the investment options that are part of the Separate Account by canceling Accumulation Units from the Separate Account.
For versions of the GMIB rider with an Optional Step-Up feature (GMIB Max I, GMIB Plus III, GMIB Plus II) or Optional Reset feature (GMIB Plus I), the rider charge is assessed on the Income Base prior to any Optional Step-Up or Optional Reset. (See “Living Benefits — Guaranteed Income Benefits” for information on Optional Step-Ups.)
We reserve the right to increase the rider charge upon an Optional Step-Up or Optional Reset, up to a rate that does not exceed the lower of: (a) 1.50% of the Income Base (the Maximum Optional Step-Up or Optional Reset Charge), or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up or Optional Reset. The increased rider charge will apply after the contract anniversary on which the Optional Step-Up or Optional Reset occurs. (See below for certain versions of the GMIB Plus II and GMIB Plus I riders for which we are currently increasing the rider charge upon an Optional Step-Up or Optional Reset on a contract anniversary occurring on July 1, 2012 or later.)
If you selected the GMIB Max I or GMIB Plus III rider, the rider charge is 1.00% of the Income Base.
If you selected the GMIB Plus II rider with a contract issued on or before February 23, 2009, the rider charge is 0.80% of the Income Base. If you selected the GMIB Plus II rider with a contract issued on or after February 24, 2009, the rider charge is 1.00% of the Income Base. For contracts issued with the version of the GMIB Plus II rider with an annual increase rate of 6%, if your Income Base is increased due to an Optional Step-Up on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge to 1.20% of the Income Base, applicable after the contract anniversary on which the Optional Step-Up occurs.
If you selected the GMIB Plus I with a contract issued on or before February 23, 2007, the rider charge is 0.75% of the Income Base. If your Income Base is increased due to an Optional Reset on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge to 1.00% of the Income Base, applicable after the contract anniversary on which the Optional Reset occurs.
If you selected the GMIB Plus I with a contract issued on and after February 26, 2007, the rider charge is 0.80% of the Income Base. If your Income Base is increased due to an
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Optional Reset on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge to 1.20% of the Income Base, applicable after the contract anniversary on which the Optional Reset occurs.
If you selected the GMIB II rider or the GMIB I rider, the rider charge is 0.50% of the Income Base. For contracts issued from May 1, 2003 and on or before April 29, 2005 for which the GMIB II or GMIB I was elected, the rider charge is reduced to 0.45% of the Income Base if you elected either the optional Annual Step-Up Death Benefit or the Compounded-Plus Death Benefit. (See “Death Benefit.”) For contracts issued on and after May 2, 2005, the rider charge is not reduced if you elected either the optional Annual Step-Up Death Benefit or the Compounded-Plus Death Benefit. For contracts issued prior to February 15, 2003, the GMIB I rider charge equals 0.35% of the Income Base.
Lifetime Withdrawal Guarantee and Guaranteed Withdrawal Benefit — Rider Charge
There are two versions of the optional Lifetime Withdrawal Guarantee rider: the Lifetime Withdrawal Guarantee II rider and the Lifetime Withdrawal Guarantee I rider (collectively referred to as the Lifetime Withdrawal Guarantee riders). There are also two versions of the optional Guaranteed Withdrawal Benefit (GWB) rider: the Enhanced GWB rider and the GWB I rider (collectively referred to as the Guaranteed Withdrawal Benefit riders).
If you elect one of the Lifetime Withdrawal Guarantee riders or one of the Guaranteed Withdrawal Benefit riders, we will deduct a charge that compensates us generally for the costs and risks we assume in providing the benefit. This is a charge deducted from your Account Value during the Accumulation Phase on each contract anniversary. The percentage charges for each version of the LWG and GWB riders are listed below.
For the Lifetime Withdrawal Guarantee riders, the charge is a percentage of the Total Guaranteed Withdrawal Amount (see “Living Benefits — Guaranteed Withdrawal Benefits — Description of the Lifetime Withdrawal Guarantee II” and “Description of the Lifetime Withdrawal Guarantee I”) on the contract anniversary, prior to taking into account any Automatic Annual Step-Up occurring on such contract anniversary. For the versions of the Lifetime Withdrawal Guarantee riders with Compounding Income Amounts, the charge is calculated after applying the Compounding Income Amount. (See “Living Benefits — Guaranteed Withdrawal Benefits — Description of the Lifetime Withdrawal Guarantee II” and “Description of the Lifetime Withdrawal Guarantee I” for information
on Automatic Annual Step-Ups and Compounding Income Amounts.)
For the Guaranteed Withdrawal Benefit riders, the charge is a percentage of the Guaranteed Withdrawal Amount (see “Living Benefits — Guaranteed Withdrawal Benefits — Description of the Enhanced Guaranteed Withdrawal Benefit”) on the contract anniversary, prior to taking into account any Optional Reset occurring on such contract anniversary. (See “Living Benefits — Guaranteed Withdrawal Benefits — Description of the Enhanced Guaranteed Withdrawal Benefit” and “Description of the Guaranteed Withdrawal Benefit I” for information on Optional Resets.)
If you: make a full withdrawal (surrender) of your Account Value; you apply all of your Account Value to an Annuity Option: there is a change in Owners, Joint Owners or Annuitants (if the Owner is a non-natural person): the contract terminates (except for a termination due to death); or (under the Lifetime Withdrawal Guarantee II rider) you assign your contract, a pro rata portion of the rider charge will be assessed based on the number of full months from the last contract anniversary to the date of the change.
If a Lifetime Withdrawal Guarantee rider or Guaranteed Withdrawal Benefit rider is terminated because of the death of the Owner, Joint Owner or Annuitants (if the Owner is a non-natural person), or if a Lifetime Withdrawal Guarantee rider or Enhanced GWB rider is cancelled pursuant to the cancellation provisions of each rider, no rider charge will be assessed based on the period from the most recent contract anniversary to the date the termination takes effect.
The Lifetime Withdrawal Guarantee and Guaranteed Withdrawal Benefit rider charges are deducted from your Account Value pro rata from each Investment Portfolio and the Fixed Account in the ratio each portfolio/account bears to your total Account Value. We take amounts from the investment options that are part of the Separate Account by canceling Accumulation Units from the Separate Account.
Lifetime Withdrawal Guarantee Riders — Automatic Annual Step-Up. We reserve the right to increase the Lifetime Withdrawal Guarantee rider charge upon an Automatic Annual Step-Up. The increased rider charge will apply after the contract anniversary on which the Automatic Annual Step-Up occurs.
If an Automatic Annual Step-Up occurs under the Lifetime Withdrawal Guarantee II or Lifetime Withdrawal Guarantee I rider, we may reset the rider charge applicable beginning after the contract anniversary on which the Automatic Annual Step-Up occurs to a rate that does not
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exceed the lower of: (a) the Maximum Automatic Annual Step-Up Charge or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Automatic Annual Step-Up.
For contracts issued with the Lifetime Withdrawal Guarantee II rider on or after February 24, 2009, the Maximum Automatic Annual Step-Up Charge is 1.60% for the Single Life version and 1.80% for the Joint Life version.
For contracts issued with the Lifetime Withdrawal Guarantee II rider on or before February 23, 2009, the Maximum Automatic Annual Step-Up Charge is 1.25% for the Single Life version and 1.50% for the Joint Life version.
For contracts issued with the Lifetime Withdrawal Guarantee I rider, the Maximum Automatic Annual Step-Up Charge is 0.95% for the Single Life version and 1.40% for the Joint Life version.
(See below for certain versions of the Lifetime Withdrawal Guarantee riders for which we are currently increasing the rider charge upon an Automatic Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later.)
Lifetime Withdrawal Guarantee Riders — Rider Charges. For contracts issued with the Lifetime Withdrawal Guarantee II on or after February 24, 2009, the rider charge is 1.25% (Single Life version) or 1.50% (Joint Life version) of the Total Guaranteed Withdrawal Amount.
For contracts issued with the Lifetime Withdrawal Guarantee II on or before February 23, 2009, the rider charge is 0.65% (Single Life version) or 0.85% (Joint Life version) of the Total Guaranteed Withdrawal Amount. If your Total Guaranteed Withdrawal Amount is increased due to an Automatic Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge for the Single Life version to 0.95% of the Total Guaranteed Withdrawal Amount, and we will increase the rider charge for the Joint Life version to 1.20% of the Total Guaranteed Withdrawal Amount, applicable after the contract anniversary on which the Automatic Annual Step-Up occurs.
The rider charge for the Lifetime Withdrawal Guarantee I is 0.50% (Single Life version) or 0.70% (Joint Life version) of the Total Guaranteed Withdrawal Amount. If your Total Guaranteed Withdrawal Amount is increased due to an Automatic Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge for the Single Life version to 0.80% of the Total Guaranteed Withdrawal Amount, and
we will increase the rider charge for the Joint Life version to 1.05% of the Total Guaranteed Withdrawal Amount, applicable after the contract anniversary on which the Automatic Annual Step-Up occurs.
Guaranteed Withdrawal Benefit Riders — Optional Reset. We reserve the right to increase the Guaranteed Withdrawal Benefit rider charge upon an Optional Reset. The increased rider charge will apply after the contract anniversary on which the Optional Reset occurs.
If an Optional Reset occurs under a contract issued with the Enhanced GWB rider on or after July 16, 2007, we may reset the rider charge applicable beginning after the contract anniversary on which the Optional Reset occurs to the rate that would be applicable to current contract purchases of the same rider at the time of the Optional Reset, but to no more than a maximum of 1.00% of the Guaranteed Withdrawal Amount.
If an Optional Reset occurs under a contract issued with the Enhanced GWB rider on or before July 13, 2007, we may reset the rider charge applicable beginning after the contract anniversary on which the Optional Reset occurs to the rate that would be applicable to current contract purchases of the same rider at the time of the Optional Reset, but to no more than a maximum of 0.95% of the Guaranteed Withdrawal Amount.
If an Optional Reset occurs under a contract with the GWB I rider, we may reset the rider charge applicable beginning after the contract anniversary on which the Optional Reset occurs to the rate that would be applicable to current contract purchases of the same rider at the time of the reset, but to no more than a maximum of 0.95% of the Guaranteed Withdrawal Amount.
Guaranteed Withdrawal Benefit Riders — Rider Charges. For contracts issued with the Enhanced GWB rider on or after July 16, 2007, the rider charge is 0.55% of the Guaranteed Withdrawal Amount.
For contracts issued with the Enhanced GWB rider on or before July 13, 2007, the rider charge is 0.50% of the Guaranteed Withdrawal Amount.
The rider charge for the GWB I is 0.50% of the Guaranteed Withdrawal Amount.
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Guaranteed Minimum Accumulation Benefit — Rider Charge
If you elected the GMAB rider, we will deduct a charge that compensates us generally for the costs and risks we assume in providing the benefit. This charge is deducted from your Account Value during the Accumulation Phase on each contract anniversary. The charge is equal to 0.75% of the GMAB Guaranteed Accumulation Amount (see “Living Benefits — Guaranteed Minimum Accumulation Benefit”) at the end of the prior Contract Year. The GMAB rider charge is deducted from your Account Value. We take amounts from the investment options that are part of the Separate Account by cancelling Accumulation Units from the Separate Account. If you make a full withdrawal (surrender) of your Account Value or you apply your Account Value to an Annuity Option, we will assess a pro rata portion of the GMAB rider charge based on the number of whole months since the last contract anniversary.
Withdrawal Charge
During the Accumulation Phase, you can make a withdrawal from your contract (either a partial or a complete withdrawal). This contract has no withdrawal charge.
Premium and Other Taxes
We reserve the right to deduct from Purchase Payments, account balances, withdrawals, death benefits or income payments any taxes relating to the contracts (including, but not limited to, premium taxes) paid by us to any government entity. Examples of these taxes include, but are not limited to, premium tax, generation-skipping transfer tax or a similar excise tax under federal or state tax law which is imposed on payments we make to certain persons and income tax withholdings on withdrawals and income payments to the extent required by law. Premium taxes generally range from 0 to 3.5%, depending on the state. We will, at our sole discretion, determine when taxes relate to the contracts. We may, at our sole discretion, pay taxes when due and deduct that amount from the account balance at a later date. Payment at an earlier date does not waive any right we may have to deduct amounts at a later date. It is our current practice not to charge premium taxes until Annuity Payments begin.
Transfer Fee
We currently allow unlimited transfers without charge during the Accumulation Phase. However, we have reserved the right to limit the number of transfers to a maximum of 12 per year without charge and to charge a transfer fee of
$25 for each transfer greater than 12 in any year. We are currently waiving the transfer fee, but reserve the right to charge it in the future. The transfer fee compensates us generally for the costs of processing transfers. The transfer fee is deducted from the Investment Portfolio or Fixed Account from which the transfer is made. However, if the entire interest in an account is being transferred, the transfer fee will be deducted from the amount which is transferred.
If the transfer is part of a pre-scheduled transfer program, it will not count in determining the transfer fee.
Income Taxes
We reserve the right to deduct from the contract for any income taxes which we incur because of the contract. In general, we believe under current federal income tax law, we are entitled to hold reserves with respect to the contract that offset Separate Account income. If this should change, it is possible we could incur income tax with respect to the contract, and in that event we may deduct such tax from the contract. At the present time, however, we are not incurring any such income tax or making any such deductions.
Investment Portfolio Expenses
There are deductions from and expenses paid out of the assets of each Investment Portfolio, which are described in the fee table in this prospectus and the Investment Portfolio prospectuses. These deductions and expenses are not charges under the terms of the contract, but are represented in the share values of each Investment Portfolio.
ANNUITY PAYMENTS
(THE INCOME PHASE)
Annuity Date
Under the contract you can receive regular income payments (referred to as Annuity Payments). You can choose the month and year in which those payments begin. We call that date the Annuity Date. Your Annuity Date must be at least 30 days after we issue the contract and will be the first day of the calendar month unless, subject to our current established administrative procedures, we allow you to select another day of the month as your Annuity Date.
When you purchase the contract, the Annuity Date will be the later of the first day of the calendar month after the Annuitant’s 90th birthday or 10 years from the date your contract was issued. You can change or extend the Annuity Date at any time before the Annuity Date with 30 days prior notice to us (subject to restrictions imposed by your
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selling firm, and our current established administrative procedures).
Please be aware that once your contract is annuitized, your Beneficiary (or Beneficiaries) is ineligible to receive the death benefit you have selected. Additionally, if you have selected a living benefit rider such as a Guaranteed Minimum Income Benefit, a Guaranteed Withdrawal Benefit, or the Guaranteed Minimum Accumulation Benefit, annuitizing your contract terminates the rider, including any death benefit provided by the rider and any Guaranteed Principal Adjustment (for the GMIB Max, GMIB Plus, or Lifetime Withdrawal Guarantee riders) or Guaranteed Accumulation Payment (for the Guaranteed Minimum Accumulation Benefit rider) that may also be provided by the rider.
Annuity Payments
You (unless another payee is named) will receive the Annuity Payments during the Income Phase. The Annuitant is the natural person(s) whose life we look to in the determination of Annuity Payments.
During the Income Phase, you have the same investment choices you had just before the start of the Income Phase. At the Annuity Date, you can choose whether payments will be:
fixed Annuity Payments, or
variable Annuity Payments, or
a combination of both.
If you don’t tell us otherwise, your Annuity Payments will be based on the investment allocations that were in place just before the start of the Income Phase.
If you choose to have any portion of your Annuity Payments based on the Investment Portfolio(s), the dollar amount of your initial payment will vary and will depend upon three things:
1)    the value of your contract in the Investment Portfolio(s) just before the start of the Income Phase,
2)    the assumed investment return (AIR) (you select) used in the annuity table for the contract, and
3)    the Annuity Option elected.
Subsequent variable Annuity Payments will vary with the performance of the Investment Portfolios you selected. (For more information, see “Variable Annuity Payments” below.)
At the time you choose an Annuity Option, you select the AIR, which must be acceptable to us. Currently, you can select an AIR of 3% or 4%. You can change the AIR with 30 days’ notice to us prior to the Annuity Date. If you do not select an AIR, we will use 3%. If the actual performance exceeds the AIR, your variable Annuity Payments will increase. Similarly, if the actual investment performance is less than the AIR, your variable Annuity Payments will decrease.
Your variable Annuity Payment is based on Annuity Units. An Annuity Unit is an accounting device used to calculate the dollar amount of Annuity Payments. (For more information, see “Variable Annuity Payments” below.)
When selecting an AIR, you should keep in mind that a lower AIR will result in a lower initial variable Annuity Payment, but subsequent variable Annuity Payments will increase more rapidly or decline more slowly as changes occur in the investment experience of the Investment Portfolios. On the other hand, a higher AIR will result in a higher initial variable Annuity Payment than a lower AIR, but later variable Annuity Payments will rise more slowly or fall more rapidly.
A transfer during the Income Phase from a variable Annuity Payment option to a fixed Annuity Payment option may result in a reduction in the amount of Annuity Payments.
If you choose to have any portion of your Annuity Payments be a fixed Annuity Payment, the dollar amount of each fixed Annuity Payment will not change, unless you make a transfer from a variable Annuity Payment option to the fixed Annuity Payment that causes the fixed Annuity Payment to increase. Please refer to the “Annuity Provisions” section of the Statement of Additional Information for more information.
Annuity Payments are made monthly (or at any frequency permitted under the contract) unless you have less than $5,000 to apply toward an Annuity Option. In that case, we may provide your Annuity Payment in a single lump sum instead of Annuity Payments. Likewise, if your Annuity Payments would be or become less than $100 a month, we have the right to change the frequency of payments so that your Annuity Payments are at least $100.
Annuity Options
You can choose among income plans. We call those Annuity Options. You can change your Annuity Option at any time before the Annuity Date with 30 days’ notice to us.
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If you do not choose an Annuity Option, Option 2, which provides a life annuity with 10 years of guaranteed Annuity Payments, will automatically be applied.
You can choose one of the following Annuity Options or any other Annuity Option acceptable to us, subject to the requirements of the Internal Revenue Code. After Annuity Payments begin, you cannot change the Annuity Option.
If more than one frequency is permitted under your contract, choosing less frequent payments will result in each Annuity Payment being larger. Annuity Options that guarantee that payments will be made for a certain number of years regardless of whether the Annuitant or joint Annuitant are alive (such as Options 2 and 4 below) result in Annuity Payments that are smaller than Annuity Options without such a guarantee (such as Options 1 and 3 below). For Annuity Options with a designated period, choosing a shorter designated period will result in each Annuity Payment being larger.
Option 1. Life Annuity. Under this option, we will make Annuity Payments so long as the Annuitant is alive. We stop making Annuity Payments after the Annuitant’s death. It is possible under this option to receive only one Annuity Payment if the Annuitant dies before the due date of the second payment or to receive only two Annuity Payments if the Annuitant dies before the due date of the third payment, and so on.
Option 2. Life Annuity With 10 Years of Annuity Payments Guaranteed. Under this option, we will make Annuity Payments so long as the Annuitant is alive. If, when the Annuitant dies, we have made Annuity Payments for less than ten years, we will then continue to make Annuity Payments to the Beneficiary for the rest of the 10 year period.
Option 3. Joint and Last Survivor Annuity. Under this option, we will make Annuity Payments so long as the Annuitant and a second person (joint Annuitant) are both alive. When either Annuitant dies, we will continue to make Annuity Payments, so long as the survivor continues to live. We will stop making Annuity Payments after the last survivor’s death.
Option 4. Joint and Last Survivor Annuity with 10 Years of Annuity Payments Guaranteed. Under this option, we will make Annuity Payments so long as the Annuitant and a second person (joint Annuitant) are both alive. When either Annuitant dies, we will continue to make Annuity Payments, so long as the survivor continues to live. If, at the last death of the Annuitant and the joint Annuitant, we have made Annuity Payments for less than
ten years, we will then continue to make Annuity Payments to the Beneficiary for the rest of the 10 year period.
Option 5. Payments for a Designated Period. We currently offer an Annuity Option under which fixed or variable monthly Annuity Payments are made for a selected number of years as approved by us, currently not less than 10 years. This Annuity Option may be limited or withdrawn by us in our discretion or due to the requirements of the Code.
We may require proof of age or sex of an Annuitant before making any Annuity Payments under the contract that are measured by the Annuitant's life. If the age or sex of the Annuitant has been misstated, the amount payable will be the amount that the Account Value would have provided at the correct age or sex. Once Annuity Payments have begun, any underpayments will be made up in one sum with the next Annuity Payment. Any overpayments will be deducted from future Annuity Payments until the total is repaid.
A commutation feature (a feature that allows the Owner to receive a lump sum of the present value of future Annuity Payments) is available under the variable Payments for a Designated Period Annuity Option (Option 5). You may not commute the fixed Payments for a Designated Period Annuity Option or any option involving a life contingency, whether fixed or variable, prior to the death of the last surviving Annuitant. Upon the death of the last surviving Annuitant, the Beneficiary may choose to continue receiving income payments (if permitted by the Code) or to receive the commuted value of the remaining guaranteed payments. For variable Annuity Options, the calculation of the commuted value will be done using the AIR applicable to the contract. (See “Annuity Payments” above.) For fixed Annuity Options, the calculation of the commuted value will be done using the then current Annuity Option rates.
There may be tax consequences resulting from the election of an Annuity Payment option containing a commutation feature (i.e., an Annuity Payment option that permits the withdrawal of a commuted value). (See “Federal Income Tax Status.”)
Due to underwriting, administrative or Internal Revenue Code considerations, there may be limitations on payments to the survivor under Options 3 and 4 and/or the duration of the guarantee period under Options 2, 4, and 5.
Tax rules with respect to decedent contracts may prohibit the election of Joint and Last Survivor Annuity Options (or income types) and may also prohibit payments for as long as the Owner's life in certain circumstances.
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In addition to the Annuity Options described above, we may offer an additional payment option that would allow your Beneficiary to take distribution of the Account Value over a period not extending beyond his or her life expectancy. Under this option, annual distributions would not be made in the form of an annuity, but would be calculated in a manner similar to the calculation of required minimum distributions from IRAs. (See “Federal Income Tax Status.”) We generally intend to make this payment option available to both Qualified Contracts and Non-Qualified Contracts, to the extent allowed under the Code; however, such payment option may be limited to certain categories of beneficiaries.
In the event that you purchased the contract as a Qualified Contract, you must take distribution of the Account Value in accordance with the minimum required distribution rules set forth in applicable tax law. (See “Federal Income Tax Status.”) Under certain circumstances, you may satisfy those requirements by electing an Annuity Option. You may choose any death benefit available under a Qualified Contract, but the death benefit must be paid within the timeframe required by applicable tax law and certain other contract provisions and programs will not be available. Upon your death, if Annuity Payments have already begun under a Qualified Contract, applicable tax law may require that any remaining payments be made over a shorter period than originally elected or otherwise adjusted to comply with the tax law. If you purchased the contract as a Non-Qualified Contract, the tax rules that apply upon your death are similar to the tax rules for Qualified Contracts, but differ in some material respects. For example, if you die after Annuity Payments have already begun under a Non-Qualified Contract, any remaining Annuity Payments can continue to be paid, provided that they are paid at least as rapidly as under the method of distribution in effect at the time of your death.
Variable Annuity Payments
The Adjusted Contract Value (the Account Value, less any applicable premium taxes, account fee, and any prorated rider charge) is determined on the annuity calculation date, which is a Business Day no more than five (5) Business Days before the Annuity Date. The first variable Annuity Payment will be based upon the Adjusted Contract Value, the Annuity Option elected, the Annuitant’s age, the Annuitant's sex (where permitted by law), and the appropriate variable Annuity Option table. Your annuity rates will not be less than those guaranteed in your contract at the time of purchase for the assumed investment return and Annuity Option elected. If, as of the annuity calculation date, the then current variable Annuity Option
rates applicable to this class of contracts provide a first Annuity Payment greater than that which is guaranteed under the same Annuity Option under this contract, the greater payment will be made.
The dollar amount of variable Annuity Payments after the first payment is determined as follows:
The dollar amount of the first variable Annuity Payment is divided by the value of an Annuity Unit for each applicable Investment Portfolio as of the annuity calculation date. This establishes the number of Annuity Units for each payment. The number of Annuity Units for each applicable Investment Portfolio remains fixed during the annuity period, provided that transfers among the Investment Portfolios will be made by converting the number of Annuity Units being transferred to the number of Annuity Units of the Investment Portfolio to which the transfer is made, and the number of Annuity Units will be adjusted for transfers to a fixed Annuity Option. Please see the Statement of Additional Information for details about making transfers during the Annuity Phase.
The fixed number of Annuity Units per payment in each Investment Portfolio is multiplied by the Annuity Unit value for that Investment Portfolio for the Business Day for which the Annuity Payment is being calculated. This result is the dollar amount of the payment for each applicable Investment Portfolio, less any account fee. The account fee will be deducted pro rata out of each Annuity Payment.
The total dollar amount of each variable Annuity Payment is the sum of all Investment Portfolio variable Annuity Payments.
Annuity Unit. The initial Annuity Unit value for each Investment Portfolio of the Separate Account was set by us. The subsequent Annuity Unit value for each Investment Portfolio is determined by multiplying the Annuity Unit value for the immediately preceding Business Day by the net investment factor (see the Statement of Additional Information for a definition) for the Investment Portfolio for the current Business Day and multiplying the result by a factor for each day since the last Business Day which represents the daily equivalent of the AIR you elected.
Fixed Annuity Payments
The Adjusted Contract Value (defined above under “Variable Annuity Payments”) is determined on the annuity calculation date, which is a Business Day no more than five (5) Business Days before the Annuity Date. This value will be used to determine a fixed Annuity Payment. The
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Annuity Payment will be based upon the Annuity Option elected, the Annuitant's age, the Annuitant's sex (where permitted by law), and the appropriate Annuity Option table. Your annuity rates will not be less than those guaranteed in your contract at the time of purchase. If, as of the annuity calculation date, the then current Annuity Option rates applicable to this class of contracts provide an Annuity Payment greater than that which is guaranteed under the same Annuity Option under this contract, the greater payment will be made. You may not make a transfer from the fixed Annuity Option to the variable Annuity Option.
ACCESS TO YOUR MONEY
You (or in the case of a death benefit, or certain Annuity Options upon the death of the last surviving Annuitant, your Beneficiary) can have access to the money in your contract:
(1)    by making a withdrawal (either a partial or a complete withdrawal);
(2)    by electing to receive Annuity Payments;
(3)    when a death benefit is paid to your Beneficiary; or
(4)    under certain Annuity Options described under “Annuity Payments (The Income Phase) — Annuity Options” that provide for continuing Annuity Payments or a cash refund to your Beneficiary upon the death of the last surviving Annuitant.
Under most circumstances, withdrawals can only be made during the Accumulation Phase.
You may establish a withdrawal plan under which you can receive substantially equal periodic payments in order to comply with the requirements of Sections 72(q) or (t) of the Code. Premature modification or termination of such payments may result in substantial penalty taxes. (See “Federal Income Tax Status.”) If you own an annuity contract with a Guaranteed Minimum Income Benefit (GMIB) rider and elect to receive distributions in accordance with substantially equal periodic payments exception, the commencement of income payments under the GMIB rider if your contract lapses and there remains any Income Base may be considered an impermissible modification of the payment stream under certain circumstances.
When you make a complete withdrawal, you will receive the withdrawal value of the contract. The withdrawal value of the contract is the Account Value of the contract at the end of the Business Day when we receive a written request for a withdrawal:
less any premium or other tax;
less any account fee; and
less any applicable pro rata GMIB, GWB, GMAB or Enhanced Death Benefit rider charge.
Unless you instruct us otherwise, any partial withdrawal will be made pro rata from the Fixed Account and the Investment Portfolio(s) you selected. Under most circumstances the amount of any partial withdrawal must be for at least $500, or your entire interest in the Investment Portfolio or Fixed Account. We require that after a partial withdrawal is made you keep at least $2,000 in the contract. If the withdrawal would result in the Account Value being less than $2,000 after a partial withdrawal, we will treat the withdrawal request as a request for a full withdrawal. (See “Purchase — Termination for Low Account Value” for more information.)
We will pay the amount of any withdrawal from the Separate Account within seven days of when we receive the request in Good Order unless the suspension of payments or transfers provision is in effect.
We may withhold payment of withdrawal proceeds if any portion of those proceeds would be derived from a contract Owner's check that has not yet cleared (i.e., that could still be dishonored by the contract Owner's banking institution). We may use telephone, fax, Internet or other means of communication to verify that payment from the contract Owner's check has been or will be collected. We will not delay payment longer than necessary for us to verify that payment has been or will be collected. Contract Owners may avoid the possibility of delay in the disbursement of proceeds coming from a check that has not yet cleared by providing us with a certified check.
How to withdraw all or part of your Account Value:
You must submit a request to our Annuity Service Center. (See “Other Information — Requests and Elections.”)
You must state in your request whether you would like to apply the proceeds to a payment option (otherwise you will receive the proceeds in a lump sum and may be taxed on them).
We have to receive your withdrawal request in our Annuity Service Center prior to the Annuity Date or Owner's death; provided, however, that you may submit a written withdrawal request any time prior to the Annuity Date that indicates that the withdrawal should be processed as of the Annuity Date. Solely for
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  the purpose of calculating and processing such a withdrawal request, the request will be deemed to have been received on, and the withdrawal amount will be priced according to the Accumulation Unit value calculated as of, the Annuity Date. Your request must be received at our Annuity Service Center on or before the Annuity Date.
There are limits to the amount you can withdraw from certain qualified plans including Qualified and TSA plans. (See “Federal Income Tax Status.”)
Income taxes, tax penalties and certain restrictions may apply to any withdrawal you make.
Divorce. A withdrawal made pursuant to a divorce or separation instrument will reduce the Account Value, the death benefit, and the amount of any optional living or death benefit (including the benefit base we use to determine the guaranteed amount of the benefit). The amount withdrawn could exceed the maximum amount that can be withdrawn without causing a proportionate reduction in the benefit base used to calculate the guaranteed amount provided by an optional rider, as described in the “Living Benefits” and “Death Benefit” sections. The withdrawal could have a significant negative impact on the death benefit and on any optional rider benefit.
Systematic Withdrawal Program
You may elect the Systematic Withdrawal Program at any time. We do not assess a charge for this program. This program provides an automatic payment to you of up to 20% of your total Purchase Payments each year. You can receive payments monthly or quarterly, provided that each payment must amount to at least $100 (unless we consent otherwise). After the first Contract Year, you can receive payments annually or semi-annually. We reserve the right to change the required minimum systematic withdrawal amount. If the New York Stock Exchange is closed on a day when the withdrawal is to be made, we will process the withdrawal on the next Business Day. While the Systematic Withdrawal Program is in effect you can make additional withdrawals.
We will terminate your participation in the Systematic Withdrawal Program when we receive notification of your death.
Income taxes, tax penalties and certain restrictions may apply to systematic withdrawals.
Suspension of Payments or Transfers
We may be required to suspend or postpone payments for withdrawals or transfers for any period when:
the New York Stock Exchange is closed (other than customary weekend and holiday closings);
trading on the New York Stock Exchange is restricted;
an emergency exists, as determined by the Securities and Exchange Commission, as a result of which disposal of shares of the Investment Portfolios is not reasonably practicable or we cannot reasonably value the shares of the Investment Portfolios; or
during any other period when the Securities and Exchange Commission, by order, so permits for the protection of Owners.
We have reserved the right to defer payment for a withdrawal or transfer from the Fixed Account for the period permitted by law, but not for more than six months.
Federal laws designed to counter terrorism and prevent money laundering might, in certain circumstances, require us to block an Owner's ability to make certain transactions and thereby refuse to accept any requests for transfers, withdrawals, surrenders, or death benefits until instructions are received from the appropriate regulator. We may also be required to provide additional information about you and your contract to government regulators.
LIVING BENEFITS
Overview of Living Benefit Riders
We offer a suite of optional living benefit riders that, for certain additional charges, offer protection against market risk (the risk that your investments may decline in value or underperform your expectations). Only one of these riders may be elected, and the rider must be elected at contract issue. These optional riders are described briefly below. Please see the more detailed description that follows for important information on the costs, restrictions and
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availability of each optional rider.We have offered three types of living benefit riders — guaranteed income benefits, guaranteed withdrawal benefits, and a guaranteed asset accumulation benefit:
Guaranteed Income Benefits
GMIB Max I
Guaranteed Minimum Income Benefit Plus (GMIB Plus I, GMIB Plus II and GMIB Plus III)
Guaranteed Minimum Income Benefit (GMIB I and GMIB II)
Our guaranteed income benefit riders are designed to allow you to invest your Account Value in the market while at the same time assuring a specified guaranteed level of minimum fixed Annuity Payments if you elect the Income Phase. The fixed Annuity Payment amount is guaranteed regardless of investment performance or the actual Account Value at the time you annuitize. Prior to exercising the rider and annuitizing your contract, you may make withdrawals up to a maximum level specified in the rider and still maintain the benefit amount.
Guaranteed Withdrawal Benefits
Lifetime Withdrawal Guarantee (LWG I and LWG II)
Enhanced Guaranteed Withdrawal Benefit (Enhanced GWB)
Guaranteed Withdrawal Benefit I (GWB I)
The GWB riders are designed to guarantee that at least the entire amount of Purchase Payments you make will be returned to you through a series of withdrawals without annuitizing, regardless of investment performance, as long as withdrawals in any Contract Year do not exceed the maximum amount allowed under the rider.
With the LWG riders, you get the same benefits, but in addition, if you make your first withdrawal on or after the date you reach age 59 12, you are guaranteed income for your life (and the life of your spouse, if the Joint Life version of the rider was elected, and your spouse elects to continue the contract and is at least age 59 12 at continuation), even after the entire amount of Purchase Payments has been returned.
Guaranteed Asset Accumulation Benefit
On and before May 1, 2009, we offered the Guaranteed Minimum Accumulation Benefit (GMAB). The GMAB is designed to guarantee that your Account Value will not be less than a minimum amount at the end of the 10-year waiting period. The amount of the guarantee depends on
which of three permitted Investment Portfolios you selected at contract issue.
Guaranteed Income Benefits
At the time you buy the contract, you may elect a guaranteed income benefit rider, called a Guaranteed Minimum Income Benefit (GMIB), for an additional charge. Each version of these riders is designed to guarantee a predictable, minimum level of fixed Annuity Payments, regardless of the investment performance of your Account Value during the Accumulation Phase. However, if applying your actual Account Value at the time you annuitize the contract to then current annuity purchase rates (outside of the rider) produces higher income payments, you will receive the higher payments, and thus you will have paid for the rider even though it was not used. Also, prior to exercising the rider, you may make specified withdrawals that reduce your Income Base (as explained below) during the Accumulation Phase and still leave the rider guarantees intact, provided the conditions of the rider are met. Your financial representative can provide you an illustration of the amounts you would receive, with or without withdrawals, if you exercised the rider.
There are six different versions of the GMIB under this contract: GMIB Max I, GMIB Plus III, GMIB Plus II, GMIB Plus I, GMIB II, and GMIB I.
There may be versions of each rider that vary by issue date and state availability. In addition, a version of a rider may become available (or unavailable) in different states at different times. Please check with your financial representative regarding which version(s) are available in your state. If you have already been issued a contract, please check your contract and riders for the specific provisions applicable to you.
You may not have this benefit and a GWB or GMAB rider in effect at the same time. Once elected, the rider cannot be terminated except as discussed below.
Facts About Guaranteed Income Benefit Riders
Income Base and GMIB Annuity Payments. Under the GMIB, we calculate an “Income Base” (as described below) that determines, in part, the minimum amount you receive as an income payment upon exercising the GMIB rider and annuitizing the contract.It is important to recognize that this Income Base is not available for cash withdrawals and does not establish or guarantee your Account Value or a minimum return for any Investment Portfolio. After a
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minimum 10-year waiting period, and then only within 30 days following a contract anniversary, you may exercise the rider. We then will apply the Income Base calculated at the time of exercise to the conservative GMIB Annuity Table (as described below) specified in the rider in order to determine your minimum guaranteed lifetime fixed monthly Annuity Payments (your actual payment may be higher than this minimum if, as discussed above, the base contract under its terms would provide a higher payment).
The GMIB Annuity Table. The GMIB Annuity Table is specified in the rider. For GMIB Max I and GMIB Plus III in contracts issued after February 25, 2011, this table is calculated based on the Annuity 2000 Mortality Table with 10 years of mortality improvement based on projection Scale AA and a 10-year age set back with interest of 1.0% per annum. For GMIB Plus III and GMIB Plus II in contracts issued from May 4, 2009 through February 25, 2011, this table is calculated based on the Annuity 2000 Mortality Table with a 10-year age set back with interest of 1.5% per annum. For GMIB Plus II in contracts issued from February 24, 2009 through May 1, 2009, this table is calculated based on the Annuity 2000 Mortality Table with a 7-year age set back with interest of 1.5% per annum. For GMIB Plus II in contracts issued on or before February 23, 2009, and for GMIB Plus I, GMIB II and GMIB I, this table is calculated based on the Annuity 2000 Mortality Table with a 7-year age set back with interest of 2.5% per annum. As with other pay-out types, the amount you receive as an income payment also depends on the Annuity Option you select, your age, and (where permitted by state law) your sex. For GMIB Max I, GMIB Plus III, and GMIB Plus II, the annuity rates for attained ages 86 to 90 are the same as those for attained age 85. The annuity rates in the GMIB Annuity Table are conservative, so the amount of guaranteed minimum lifetime income that the GMIB produces may be less than the amount of annuity income that would be provided by applying your Account Value on your Annuity Date to then-current annuity purchase rates.
If you exercise the GMIB rider, your Annuity Payments will be the greater of:
the Annuity Payment determined by applying the amount of the Income Base to the GMIB Annuity Table, or
the Annuity Payment determined for the same Annuity Option in accordance with the base contract. (See “Annuity Payments (The Income Phase).”)
If you choose not to receive Annuity Payments as guaranteed under the GMIB, you may elect any of the Annuity Options available under the contract.
Ownership. If you, the Owner, are a natural person, you must also be the Annuitant. If a non-natural person owns the contract, then the Annuitant will be considered the Owner in determining the Income Base and GMIB Annuity Payments. If Joint Owners are named, the age of the older Joint Owner will be used to determine the Income Base and GMIB Annuity Payments. For the purposes of the Guaranteed Income Benefits section of the prospectus, “you” always means the Owner, older Joint Owner or the Annuitant, if the Owner is a non-natural person.
Taxes. Withdrawals of taxable amounts will be subject to ordinary income tax and, if made prior to age 59 12, a 10% federal tax penalty may apply.
GMIB and Decedent Contracts. If you are purchasing this contract with a nontaxable transfer of the death benefit proceeds of any annuity contract or IRA (or any other tax-qualified arrangement) of which you were the Beneficiary and you are “stretching” the distributions under the IRS required distribution rules, you may not purchase a GMIB rider. Upon your death, however, any remaining benefits may need to be accelerated to comply with IRS rules.
GMIB Plus I, GMIB Plus II, GMIB I, GMIB II and Qualified Contracts. The GMIB Plus I, GMIB Plus II, GMIB I, and GMIB II riders may have limited usefulness in connection with a Qualified Contract, such as an IRA, in circumstances where, due to the ten-year waiting period after purchase (and for GMIB Plus I and GMIB Plus II, after an Optional Step-Up or Reset) the Owner is unable to exercise the rider until after the required beginning date of required minimum distributions under the contract. In such event, required minimum distributions received from the contract during the 10-year waiting period will have the effect of reducing the Income Base either on a proportionate or dollar-for-dollar basis, as the case may be. This may have the effect of reducing or eliminating the value of Annuity Payments under the rider. You should consult your tax adviser prior to electing one of these riders.
(See Appendix C for examples of the GMIB.)
Description of GMIB Max I
The GMIB Max I rider is available only for Owners up through age 78, and you can only elect the GMIB Max I at the time you purchase the contract. The GMIB Max I rider may be exercised after a 10-year waiting period and then only within 30 days following a
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contract anniversary, provided that the exercise must occur no later than the 30-day period following the contract anniversary prior to the Owner’s 91st birthday.
Income Base. The Income Base is the greater of (a) or (b) below.
(a)    Highest Anniversary Value: On the issue date, the “Highest Anniversary Value” is equal to your initial Purchase Payment. Thereafter, the Highest Anniversary Value will be increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent withdrawal. On each contract anniversary prior to the Owner's 81st birthday, the Highest Anniversary Value will be recalculated and set equal to the greater of the Highest Anniversary Value before the recalculation or the Account Value on the date of the recalculation.
The Highest Anniversary Value does not change after the contract anniversary immediately preceding the Owner's 81st birthday, except that it is increased for each subsequent Purchase Payment and reduced proportionally by the percentage reduction in Account Value attributable to each subsequent withdrawal.
(b)    Annual Increase Amount: On the date we issue your contract, the “Annual Increase Amount” is equal to your initial Purchase Payment. All Purchase Payments received within 120 days of the date we issue your contract will be treated as part of the initial Purchase Payment for this purpose. Thereafter, the Annual Increase Amount is equal to (i) less (ii), where:
(i)    is Purchase Payments accumulated at the annual increase rate (as defined below) from the date the Purchase Payment is made; and
(ii)    is withdrawal adjustments (as defined below) accumulated at the annual increase rate.
The Highest Anniversary Value and Annual Increase Amount are calculated independently of each other. When the Highest Anniversary Value is recalculated and set equal to the Account Value, the Annual Increase Amount is not set equal to the Account Value. See “Optional Step-Up” below for a feature that can be used to reset the Annual Increase Amount to the Account Value.
Annual Increase Rate. As noted above, we calculate an Income Base under the GMIB Max I rider that helps determine the minimum amount you receive as an income payment upon exercising the rider. One of the factors used
in calculating the Income Base is called the “annual increase rate.”
Through the contract anniversary immediately prior to the Owner’s 91st birthday, the annual increase rate is the greater of:
(a)    6%; or
(b)    the required minimum distribution rate (as defined below).
Item (b) only applies to IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code.
The required minimum distribution rate equals the greater of:
(1)    the required minimum distribution amount for the previous calendar year or for this calendar year (whichever is greater), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year;
(2a)    if you enroll only in the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under the Automated Required Minimum Distribution Program, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year; or
(2b)    if you enroll in both the Systematic Withdrawal Program and the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under (I) the Systematic Withdrawal Program (up to a maximum of 6% (item (a) above) of the Annual Increase Amount at the beginning of the Contract Year) and (II) the Automated Required Minimum Distribution Program (which can be used to pay out any amount above the Systematic Withdrawal Program withdrawals that must be withdrawn to fulfill minimum distribution requirements at the end of the calendar year), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year.
On the first contract anniversary, “at the beginning of the Contract Year” means on the issue date; on a later contract
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anniversary, “at the beginning of the Contract Year” means on the prior contract anniversary. All Purchase Payments received within 120 days of the issue date are treated as part of the initial Purchase Payment for this purpose, and therefore are included in the Annual Increase Amount on the issue date, instead of being treated as subsequent Purchase Payments (see “Operation of the GMIB Income Base”).
See “Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With GMIB Max I” below for more information on the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program.
If item (b) above (the required minimum distribution rate) is greater than item (a) above, and your total withdrawals during a Contract Year, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year, exceed the required minimum distribution rate, the required minimum distribution rate is not used to calculate the annual increase rate, and the annual increase rate will be reduced to 6% (item (a) above). Therefore, the annual increase rate for that Contract Year will be lower than the required minimum distribution rate, which could have the effect of reducing the value of Annuity Payments under the GMIB rider.
During the 30 day period following the contract anniversary immediately prior to the Owner’s 91st birthday, the annual increase rate is 0%.
Withdrawal Adjustments. Withdrawal adjustments in a Contract Year are determined according to (a) or (b):
(a)    The withdrawal adjustment for each withdrawal in a Contract Year is the value of the Annual Increase Amount immediately prior to the withdrawal multiplied by the percentage reduction in Account Value attributed to that withdrawal; or
(b)    If total withdrawals in a Contract Year are not greater than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year, and if these withdrawals are paid to you (or to the Annuitant, if the contract is owned by a non-natural person) or to another payee we agree to, the total withdrawal adjustments for that Contract Year will be set equal to the dollar amount of total withdrawals in that Contract Year. These withdrawal adjustments will replace the withdrawal adjustments defined in (a) immediately above and be treated as
though the corresponding withdrawals occurred at the end of that Contract Year.
As described in (a) immediately above, if in any Contract Year you take cumulative withdrawals that exceed the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year, the Annual Increase Amount will be reduced in the same proportion that the entire withdrawal reduced the Account Value. This reduction may be significant, particularly when the Account Value is lower than the Annual Increase Amount, and could have the effect of reducing or eliminating the value of Annuity Payments under the GMIB rider. Limiting your cumulative withdrawals during a Contract Year to not more than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year will result in dollar-for-dollar treatment of the withdrawals, as described in (b) immediately above.
(See Appendix C for examples of the calculation of the Income Base, including the Highest Anniversary Value, the Annual Increase Amount, the annual increase rate, and the withdrawal adjustments.)
In determining the GMIB annuity income, an amount equal to the amount of any premium and other taxes that may apply will be deducted from the Income Base.
Optional Step-Up. On each contract anniversary as permitted, you may elect to reset the Annual Increase Amount to the Account Value. An Optional Step-Up may be beneficial if your Account Value has grown at a rate above the annual increase rate on the Annual Increase Amount (6%). As described below, an Optional Step-Up resets the Annual Increase Amount to the Account Value. After an Optional Step-Up, the annual increase rate will be applied to the new, higher Annual Increase Amount and therefore the amount that may be withdrawn without reducing the Annual Increase Amount on a proportionate basis will increase. However, if you elect to reset the Annual Increase Amount, we will also restart the 10-year waiting period. In addition, we may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
An Optional Step-Up is permitted only if: (1) the Account Value exceeds the Annual Increase Amount immediately before the reset; and (2) the Owner (or older Joint Owner, or Annuitant if the contract is owned by a non-natural person) is not older than age 80 on the date of the Optional
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Step-Up. If your contract has both the GMIB Max I rider and the EDB Max I rider, and you would like to elect an Optional Step-Up, you must elect an Optional Step-Up for both riders. You may not elect an Optional Step-Up for only one of the two riders. Upon the Optional Step-Up, we may reset the rider charge, as described above, on one or both riders.
You may elect either: (1) a one-time Optional Step-Up at any contract anniversary provided the above requirements are met, or (2) Optional Step-Ups to occur under the Automatic Annual Step-Up. If you elect Automatic Annual Step-Ups, on any contract anniversary while this election is in effect, the Annual Increase Amount will reset to the Account Value automatically, provided the above requirements are met. The same conditions described above will apply to each Automatic Step-Up. You may discontinue this election at any time by notifying us in writing, at our Annuity Service Center (or by any other method acceptable to us), at least 30 days prior to the contract anniversary on which a reset may otherwise occur. Otherwise, it will remain in effect through the seventh contract anniversary following the date you make this election, at which point you must make a new election if you want Automatic Annual Step-Ups to continue. If you discontinue or do not re-elect the Automatic Annual Step-Ups, no Optional Step-Up will occur automatically on any subsequent contract anniversary unless you make a new election under the terms described above. (If you discontinue Automatic Annual Step-Ups, the rider (and the rider charge) will continue, and you may choose to elect a one time Optional Step-Up or reinstate Automatic Annual Step-Ups as described above.)
We must receive your request to exercise the Optional Step-Up in writing, at our Annuity Service Center, or any other method acceptable to us. We must receive your request prior to the contract anniversary for an Optional Step-Up to occur on that contract anniversary.
The Optional Step-Up:
(1)    resets the Annual Increase Amount to the Account Value on the contract anniversary following the receipt of an Optional Step-Up election;
(2)    resets the waiting period to exercise the rider to the tenth contract anniversary following the date the Optional Step-Up took effect; and
(3)    may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we
would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
In the event that the charge applicable to contract purchases at the time of the step-up is higher than your current rider charge, you will be notified in writing a minimum of 30 days in advance of the applicable contract anniversary and be informed that you may choose to decline the Automatic Annual Step-Up. If you decline the Automatic Annual Step-Up, you must notify us in accordance with our Administrative Procedures (currently we require you to submit your request in writing to our Annuity Service Center no less than seven calendar days prior to the applicable contract anniversary). Once you notify us of your decision to decline the Automatic Annual Step-Up, you will no longer be eligible for future Automatic Annual Step-Ups until you notify us in writing to our Annuity Service Center that you wish to reinstate the Automatic Annual Step-Ups. This reinstatement will take effect at the next contract anniversary after we receive your request for reinstatement.
On the date of the Optional Step-Up, the Account Value on that day will be treated as a single Purchase Payment received on the date of the step-up for purposes of determining the Annual Increase Amount after the reset. All Purchase Payments and withdrawal adjustments previously used to calculate the Annual Increase Amount will be set equal to zero on the date of the step-up.
Investment Allocation Restrictions. For a detailed description of the GMIB Max I investment allocation restrictions, see “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I.”
If you elect the GMIB Max I, you may not participate in the Dollar Cost Averaging (DCA) program.
If you elect the GMIB Max I rider, you must allocate 100% of your Purchase Payments and Account Value among the Investment Portfolios listed in “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I,” and you will not be able to allocate Purchase Payments or Account Value to the Fixed Account or to an ultra-short term bond portfolio.
Restrictions on Investment Allocations If the GMIB Max I Rider Terminates. If the GMIB Max I rider terminates (see “Terminating the GMIB Max I Rider”), or if you elected both the GMIB Max I rider and the EDB Max I rider and both riders terminate, the investment allocation restrictions described above will no longer apply and you will be permitted to allocate subsequent Purchase Payments or
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transfer Account Value to any of the available Investment Portfolios, but not to the Fixed Account. However, if you elected both the GMIB Max I rider and the EDB Max I rider, and only the GMIB Max I rider has terminated, the investment allocation restrictions described above under “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I” will continue to apply.
Potential Restrictions on Subsequent Purchase Payments for GMIB Max I. In the future, we may choose not to permit Owners of existing contracts with the GMIB Max I rider to make subsequent Purchase Payments if: (a) the GMIB Max I rider is no longer available to new customers, or (b) we make certain changes to the terms of the GMIB Max I rider offered to new customers (for example, if we change the GMIB Max I rider charge; see your contract schedule for a list of the other changes). We will notify Owners of contracts with the GMIB Max I rider in advance if we impose restrictions on subsequent Purchase Payments. If we impose restrictions on subsequent Purchase Payments, contract Owners will still be permitted to transfer Account Value among the Investment Portfolios listed under “Purchase — Investment Allocation Restrictions for Certain Riders — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I.”
Current Restrictions on Subsequent Purchase Payments for GMIB Max I
If we received your application and necessary information, in Good Order, at our Annuity Service Center before the close of the New York Stock Exchange on September 23, 2011, and you elected the GMIB Max I and/or EDB Max I riders, we will not accept subsequent Purchase Payments from you after the close of the New York Stock Exchange on August 9, 2013. However, we will accept a subsequent Purchase Payment received after August 9, 2013 if the Purchase Payment was initiated by paperwork for a direct transfer or an exchange under Section 1035 of the Internal Revenue Code that we accepted, and which was received by our Annuity Service Center in Good Order, before the close of the New York Stock Exchange on August 9, 2013.
If we received your application and necessary information, in Good Order, at our Annuity Service Center after the close of the New York Stock Exchange on September 23, 2011 and on or before October 7, 2011, and you elected the GMIB Max I and/or EDB Max I riders, we will not accept subsequent Purchase Payments from you after the close of the New York
  Stock Exchange on February 24, 2012. However, we will accept a subsequent Purchase Payment received after February 24, 2012 if the Purchase Payment was initiated by paperwork for a direct transfer or an exchange under Section 1035 of the Internal Revenue Code that we accepted, and which was received by our Annuity Service Center in Good Order, before the close of the New York Stock Exchange on February 24, 2012.
If we have imposed restrictions on subsequent Purchase Payments on your contract, we will permit you to make a subsequent Purchase Payment when either of the following conditions apply to your contract: (a) your Account Value is below the minimum described in the “Purchase — Termination for Low Account Value” section of the prospectus; or (b) the rider charge is greater than your Account Value.
Restrictions on Subsequent Purchase Payments If the GMIB Max I Rider Terminates. If the GMIB Max I rider terminates (see “Terminating the GMIB Max I Rider”), or if you elected both the GMIB Max I rider and the EDB Max I rider and both riders terminate, the subsequent Purchase Payment restrictions described above will no longer apply. However, if you elected both the GMIB Max I rider and the EDB Max I rider, and only the GMIB Max I rider has terminated, the subsequent Purchase Payment restrictions described above will continue to apply.
Guaranteed Principal Option. On each contract anniversary starting with the tenth contract anniversary and through the contract anniversary prior to the Owner's 91st birthday, you may exercise the Guaranteed Principal Option. If the Owner is a non-natural person, the Annuitant's age is the basis for determining the birthday. If there are Joint Owners, the age of the oldest Owner is used for determining the birthday. We must receive your request to exercise the Guaranteed Principal Option in writing, or any other method that we agree to, within 30 days following the applicable contract anniversary. The Guaranteed Principal Option will take effect at the end of this 30-day period following that contract anniversary.
By exercising the Guaranteed Principal Option, you elect to receive an additional amount to be added to your Account Value intended to restore your initial investment in the contract, in lieu of receiving GMIB payments. The additional amount is called the Guaranteed Principal Adjustment and is equal to (a) minus (b) where:
(a)    is Purchase Payments credited within 120 days of the date we issued the contract (reduced proportionately by the percentage reduction in Account Value
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attributable to each partial withdrawal prior to the exercise of the Guaranteed Principal Option) and
(b)    the Account Value on the contract anniversary immediately preceding exercise of the Guaranteed Principal Option.
The Guaranteed Principal Option can only be exercised if (a) exceeds (b), as defined above. The Guaranteed Principal Adjustment will be added to each applicable Investment Portfolio in the ratio the portion of the Account Value in such Investment Portfolio bears to the total Account Value in all Investment Portfolios. It is important to note that only Purchase Payments made during the first 120 days that you hold the contract are taken into consideration in determining the Guaranteed Principal Adjustment. If you anticipate making Purchase Payments after 120 days, you should understand that such payments will not increase the Guaranteed Principal Adjustment. However, because Purchase Payments made after 120 days will increase your Account Value, such payments may have a significant impact on whether or not a Guaranteed Principal Adjustment is due. Therefore, the GMIB Max I rider may not be appropriate for you if you intend to make additional Purchase Payments after the 120-day period and are purchasing the rider for this feature.
The Guaranteed Principal Adjustment will never be less than zero. If the Guaranteed Principal Option is exercised, the GMIB Max I rider will terminate as of the date the option takes effect and no additional GMIB charges will apply thereafter. The variable annuity contract, however, will continue. If you only elected the GMIB Max I, the investment allocation restrictions and subsequent Purchase Payment restrictions described above will no longer apply (except as described above under “Restrictions on Investment Allocations if the GMIB Max I Rider Terminates”). If you elected both the GMIB Max I and EDB Max I riders, the EDB Max I investment allocation restrictions and subsequent Purchase Payment restrictions described in “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I” will continue to apply.
The Guaranteed Principal Option is not available in the state of Washington.
Exercising the GMIB Max I Rider. If you exercise the GMIB Max I, you must elect to receive Annuity Payments under one of the following fixed Annuity Options:
(1)    Life annuity with 5 years of Annuity Payments guaranteed.
(2)    Joint and last survivor annuity with 5 years of Annuity Payments guaranteed. Based on federal tax rules, this option is not available for Qualified Contracts where the difference in ages of the joint Annuitants, who are not spouses, is greater than 10 years. (See “Annuity Payments (The Income Phase).”)
These options are described in the contract and the GMIB Max I rider.
The GMIB Annuity Table is specified in the rider. This table is calculated based on the Annuity 2000 Mortality Table with 10 years of mortality improvement based on projection Scale AA and a 10-year age set back with interest of 1.0% per annum. As with other payout types, the amount you receive as an income payment also depends on the Annuity Option you select, your age, and (where permitted by state law) your sex. The annuity rates for attained ages 86 to 90 are the same as those for attained age 85. The annuity rates in the GMIB Annuity Table are conservative, so the amount of guaranteed minimum lifetime income that the GMIB produces may be less than the amount of annuity income that would be provided by applying your Account Value on your Annuity Date to then-current annuity purchase rates.
If you exercise the GMIB Max I, your Annuity Payments will be the greater of:
the Annuity Payment determined by applying the amount of the Income Base to the GMIB Annuity Table, or
the Annuity Payment determined for the same Annuity Option in accordance with the base contract. (See “Annuity Payments (The Income Phase).”)
If the amount of the guaranteed minimum lifetime income that the GMIB Max I produces is less than the amount of annuity income that would be provided by applying your Account Value on the Annuity Date to the then-current annuity purchase rates, then you would have paid for a benefit that you did not use.
If you take a full withdrawal of your Account Value, your contract is terminated by us due to its small Account Value
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and inactivity (see “Purchase — Termination for Low Account Value”), or your contract lapses and there remains any Income Base, we will commence making income payments within 30 days of the date of the full withdrawal, termination or lapse. In such cases, your income payments under this benefit, if any, will be determined using the Income Base and any applicable withdrawal adjustment that was taken on account of the withdrawal, termination or lapse.
Enhanced Payout Rates. As noted above, the annuity rates in the GMIB Annuity Table are calculated based on the Annuity 2000 Mortality Table with 10 years of mortality improvement based on projection Scale AA and a 10-year age set back with interest of 1.0% per annum. However, the GMIB Max I payout rates are enhanced under the following circumstances.
If you select the GMIB Max I rider and if:
you take no withdrawals prior to age 62;
your Account Value is fully withdrawn or decreases to zero at or after your 62nd birthday and there is an Income Base remaining; and
the Annuity Option you select is the single life annuity with 5 years of Annuity Payments guaranteed;
then the annual Annuity Payments under the GMIB Max I rider will equal or exceed 5% of the Income Base (calculated on the date the payments are determined).
Alternatively, if you select the GMIB Max I rider and if:
you take no withdrawals prior to age 70;
your Account Value is fully withdrawn or decreases to zero at or after your 70th birthday and there is an Income Base remaining; and
the Annuity Option you select is the single life annuity with 5 years of Annuity Payments guaranteed;
then the annual Annuity Payments under the GMIB Max I rider will equal or exceed 6% of the Income Base (calculated on the date the payments are determined).
If an Owner dies and the Owner's spouse (age 89 or younger) is the Beneficiary of the contract, the spouse may elect to continue the contract and the GMIB Max I rider. If the spouse elects to continue the contract and the Owner had begun to take withdrawals prior to his or her death, and the Owner was older than the spouse, the spouse's eligibility for the enhanced payout rates described above is based on the Owner's age when the withdrawals began. For example, if an Owner had begun to take withdrawals at age 62 and subsequently died, if that Owner's spouse
continued the contract and the GMIB Max I rider, the spouse would be eligible for the 5% enhanced payout rate described above, even if the spouse were younger than age 62 at the time the contract was continued. If the spouse elects to continue the contract and an Owner had not taken any withdrawals prior to his or her death, the spouse's eligibility for the enhanced payout rates described above is based on the spouse's age when the spouse begins to take withdrawals.
If you choose not to receive Annuity Payments as guaranteed under the GMIB Max I, you may elect any of the Annuity Options available under the contract.
Terminating the GMIB Max I Rider. Except as otherwise provided in the GMIB Max I rider, the rider will terminate upon the earliest of:
a)    The 30th day following the contract anniversary prior to your 91st birthday;
b)    The date you make a complete withdrawal of your Account Value (if there is an Income Base remaining you will receive payments based on the remaining Income Base) (a pro rata portion of the rider charge will be assessed);
c)    The date you elect to receive Annuity Payments under the contract and you do not elect to receive payments under the GMIB (a pro rata portion of the rider charge will be assessed);
d)    Death of the Owner or Joint Owner (unless the spouse (age 89 or younger) is the Beneficiary and elects to continue the contract), or death of the Annuitant if a non-natural person owns the contract;
e)    A change for any reason of the Owner or Joint Owner or the Annuitant, if a non-natural person owns the contract, subject to our administrative procedures (a pro rata portion of the rider charge will be assessed);
f)    The effective date of the Guaranteed Principal Option; or
g)    The date you assign your contract (a pro rata portion of the rider charge will be assessed).
If an Owner or Joint Owner dies and:
the spouse elects to continue the contract and the GMIB rider under termination provision d) above; and
before the 10-year waiting period to exercise the GMIB rider has elapsed, the GMIB rider will terminate under
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  termination provision a) above (because it is the 30th day following the contract anniversary prior to the spouse’s 91st birthday);
we will permit the spouse to exercise the GMIB rider within the 30 days following the contract anniversary prior to his or her 91st birthday, even though the 10-year waiting period has not elapsed.
Under our current administrative procedures, we will waive the termination of the GMIB Max I rider if you assign a portion of the contract under the following limited circumstances: if the assignment is solely for your benefit on account of your direct transfer of Account Value under Section 1035 of the Internal Revenue Code to fund premiums for a long term care insurance policy or Purchase Payments for an annuity contract issued by an insurance company which is not our affiliate and which is licensed to conduct business in any state.
When the GMIB Max I rider terminates, the corresponding rider charge terminates and the GMIB Max I investment allocation and subsequent Purchase Payment restrictions, described above, will no longer apply (except as described above under “Restrictions on Investment Allocations If the GMIB Max I Rider Terminates”). However, if you elected both the GMIB Max I rider and the EDB Max I rider, and only the GMIB Max I rider has terminated, the investment allocation restrictions and subsequent Purchase Payment restrictions described above will continue to apply.
Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With GMIB Max I
For IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code, you may be required to take withdrawals to fulfill minimum distribution requirements generally beginning at age 72 (age 70 12, if you were born on or before June 30, 1949).
Used with the GMIB Max I rider, our Automated Required Minimum Distribution Program can help you fulfill minimum distribution requirements with respect to your contract without reducing the Income Base on a proportionate basis. (Reducing the Income Base on a proportionate basis could have the effect of reducing or eliminating the value of Annuity Payments under the GMIB Max I rider.) The Automated Required Minimum Distribution Program calculates minimum distribution requirements with respect to your contract and makes payments to you on a monthly, quarterly, semi-annual or annual basis.
Alternatively, you may choose to enroll in both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program (see “Access to Your Money Systematic Withdrawal Program”). In order to avoid taking withdrawals that could reduce the Income Base on a proportionate basis, withdrawals under the Systematic Withdrawal Program should not exceed 6% of the Annual Increase Amount at the beginning of the Contract Year. Any amounts above 6% of the Annual Increase Amount that need to be withdrawn to fulfill minimum distribution requirements can be paid out at the end of the calendar year by the Automated Required Minimum Distribution Program. For example, if you elect the GMIB Max I and enroll in the Systematic Withdrawal Program and elect to receive monthly payments totaling 6% of the Annual Increase Amount, you should also enroll in the Automated Required Minimum Distribution Program and elect to receive your Automated Required Minimum Distribution Program payment on an annual basis, after the Systematic Withdrawal Program monthly payment in December.
If you enroll in either the Automated Required Minimum Distribution Program or both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program, you should not make additional withdrawals outside the programs. Additional withdrawals may result in the Income Base being reduced on a proportionate basis, and have the effect of reducing or eliminating the value of Annuity Payments under the GMIB Max I rider.
To enroll in the Automated Required Minimum Distribution Program and/or the Systematic Withdrawal Program, please contact our Annuity Service Center.
(See Appendix C for examples illustrating the operation of GMIB Max I.)
Description of GMIB Plus III
The GMIB Plus III rider is no longer available for purchase. The GMIB Plus III rider is available only for Owners up through age 78, and you can only elect the GMIB Plus III at the time you purchase the contract. The GMIB Plus III rider may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary, provided that the exercise must occur no later than the 30-day period following the contract anniversary prior to the Owner’s 91st birthday.
Income Base. The Income Base is the greater of (a) or (b) below.
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(a)    Highest Anniversary Value: On the issue date, the “Highest Anniversary Value” is equal to your initial Purchase Payment. Thereafter, the Highest Anniversary Value will be increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent withdrawal. On each contract anniversary prior to the Owner's 81st birthday, the Highest Anniversary Value will be recalculated and set equal to the greater of the Highest Anniversary Value before the recalculation or the Account Value on the date of the recalculation.
The Highest Anniversary Value does not change after the contract anniversary immediately preceding the Owner's 81st birthday, except that it is increased for each subsequent Purchase Payment and reduced proportionally by the percentage reduction in Account Value attributable to each subsequent withdrawal.
(b)    Annual Increase Amount: On the date we issue your contract, the “Annual Increase Amount” is equal to your initial Purchase Payment. All Purchase Payments received within 120 days of the date we issue your contract will be treated as part of the initial Purchase Payment for this purpose. Thereafter, the Annual Increase Amount is equal to (i) less (ii), where:
(i)    is Purchase Payments accumulated at the annual increase rate (as defined below) from the date the Purchase Payment is made; and
(ii)    is withdrawal adjustments (as defined below) accumulated at the annual increase rate.
The Highest Anniversary Value and Annual Increase Amount are calculated independently of each other. When the Highest Anniversary Value is recalculated and set equal to the Account Value, the Annual Increase Amount is not set equal to the Account Value. See “Optional Step-Up” below for a feature that can be used to reset the Annual Increase Amount to the Account Value.
Annual Increase Rate. As noted above, we calculate an Income Base under the GMIB Plus III rider that helps determine the minimum amount you receive as an income payment upon exercising the rider. One of the factors used in calculating the Income Base is called the “annual increase rate.”
Through the contract anniversary immediately prior to the Owner’s 91st birthday, the annual increase rate is the greater of:
(a)    5%; or
(b)    the required minimum distribution rate (as defined below).
Item (b) only applies to IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code.
The required minimum distribution rate equals the greater of:
(1)    the required minimum distribution amount for the previous calendar year or for this calendar year (whichever is greater), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year;
(2a)    if you enroll only in the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under the Automated Required Minimum Distribution Program, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year; or
(2b)    if you enroll in both the Systematic Withdrawal Program and the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under (I) the Systematic Withdrawal Program (up to a maximum of 5% (item (a) above) of the Annual Increase Amount at the beginning of the Contract Year) and (II) the Automated Required Minimum Distribution Program (which can be used to pay out any amount above the Systematic Withdrawal Program withdrawals that must be withdrawn to fulfill minimum distribution requirements at the end of the calendar year), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year.
On the first contract anniversary, “at the beginning of the Contract Year” means on the issue date; on a later contract anniversary, “at the beginning of the Contract Year” means on the prior contract anniversary. All Purchase Payments received within 120 days of the issue date are treated as part of the initial Purchase Payment for this purpose, and therefore are included in the Annual Increase Amount on the issue date, instead of being treated as subsequent Purchase Payments (see “Income Base Annual Increase Amount”).
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See “Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With GMIB Plus III” below for more information on the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program.
If item (b) above (the required minimum distribution rate) is greater than item (a) above, and your total withdrawals during a Contract Year, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year, exceed the required minimum distribution rate, the required minimum distribution rate is not used to calculate the annual increase rate, and the annual increase rate will be reduced to 5% (item (a) above). Therefore, the annual increase rate for that Contract Year will be lower than the required minimum distribution rate, which could have the effect of reducing the value of Annuity Payments under the GMIB Plus III rider.
During the 30 day period following the contract anniversary immediately prior to the Owner’s 91st birthday, the annual increase rate is 0%.
Withdrawal Adjustments. Withdrawal adjustments in a Contract Year are determined according to (a) or (b):
(a)    The withdrawal adjustment for each withdrawal in a Contract Year is the value of the Annual Increase Amount immediately prior to the withdrawal multiplied by the percentage reduction in Account Value attributed to that withdrawal; or
(b)    If total withdrawals in a Contract Year are not greater than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year, and if these withdrawals are paid to you (or to the Annuitant, if the contract is owned by a non-natural person) or to another payee we agree to, the total withdrawal adjustments for that Contract Year will be set equal to the dollar amount of total withdrawals in that Contract Year. These withdrawal adjustments will replace the withdrawal adjustments defined in (a) immediately above and be treated as though the corresponding withdrawals occurred at the end of that Contract Year.
As described in (a) immediately above, if in any Contract Year you take cumulative withdrawals that exceed the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year, the Annual Increase Amount will be reduced in the same proportion that the entire withdrawal reduced the Account Value. This reduction may be significant, particularly when the
Account Value is lower than the Annual Increase Amount, and could have the effect of reducing or eliminating the value of Annuity Payments under the GMIB rider. Limiting your cumulative withdrawals during a Contract Year to not more than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year will result in dollar-for-dollar treatment of the withdrawals, as described in (b) immediately above.
(See Appendix C for examples of the calculation of the Income Base, including the Highest Anniversary Value, the Annual Increase Amount, the annual increase rate, and the withdrawal adjustments.)
In determining the GMIB annuity income, an amount equal to the amount of any premium and other taxes that may apply will be deducted from the Income Base.
Optional Step-Up. On each contract anniversary as permitted, you may elect to reset the Annual Increase Amount to the Account Value. An Optional Step-Up may be beneficial if your Account Value has grown at a rate above the annual increase rate on the Annual Increase Amount (5%). As described below, an Optional Step-Up resets the Annual Increase Amount to the Account Value. After an Optional Step-Up, the annual increase rate will be applied to the new, higher Annual Increase Amount and therefore the amount that may be withdrawn without reducing the Annual Increase Amount on a proportionate basis will increase. However, if you elect to reset the Annual Increase Amount, we will also restart the 10-year waiting period. In addition, we may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
An Optional Step-Up is permitted only if: (1) the Account Value exceeds the Annual Increase Amount immediately before the reset; and (2) the Owner (or older Joint Owner, or Annuitant if the contract is owned by a non-natural person) is not older than age 80 on the date of the Optional Step-Up. If your contract has both the GMIB Plus III rider and the Enhanced Death Benefit II (EDB II) rider, and you would like to elect an Optional Step-Up, you must elect an Optional Step-Up for both riders. You may not elect an Optional Step-Up for only one of the two riders. Upon the Optional Step-Up, we may reset the rider charge, as described above, on one or both riders.
You may elect either: (1) a one-time Optional Step-Up at any contract anniversary provided the above requirements
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are met, or (2) Optional Step-Ups to occur under the Automatic Annual Step-Up. If you elect Automatic Annual Step-Ups, on any contract anniversary while this election is in effect, the Annual Increase Amount will reset to the Account Value automatically, provided the above requirements are met. The same conditions described above will apply to each Automatic Step-Up. You may discontinue this election at any time by notifying us in writing, at our Annuity Service Center (or by any other method acceptable to us), at least 30 days prior to the contract anniversary on which a reset may otherwise occur. Otherwise, it will remain in effect through the seventh contract anniversary following the date you make this election, at which point you must make a new election if you want Automatic Annual Step-Ups to continue. If you discontinue or do not re-elect the Automatic Annual Step-Ups, no Optional Step-Up will occur automatically on any subsequent contract anniversary unless you make a new election under the terms described above. (If you discontinue Automatic Annual Step-Ups, the rider (and the rider charge) will continue, and you may choose to elect a one time Optional Step-Up or reinstate Automatic Annual Step-Ups as described above.)
We must receive your request to exercise the Optional Step-Up in writing, at our Annuity Service Center, or any other method acceptable to us. We must receive your request prior to the contract anniversary for an Optional Step-Up to occur on that contract anniversary.
The Optional Step-Up:
(1)    resets the Annual Increase Amount to the Account Value on the contract anniversary following the receipt of an Optional Step-Up election;
(2)    resets the waiting period to exercise the rider to the tenth contract anniversary following the date the Optional Step-Up took effect; and
(3)    may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
In the event that the charge applicable to contract purchases at the time of the step-up is higher than your current rider charge, you will be notified in writing a minimum of 30 days in advance of the applicable contract anniversary and be informed that you may choose to decline the Automatic Annual Step-Up. If you decline the Automatic Annual Step-Up, you must notify us in accordance with our Administrative Procedures (currently
we require you to submit your request in writing to our Annuity Service Center no less than seven calendar days prior to the applicable contract anniversary). Once you notify us of your decision to decline the Automatic Annual Step-Up, you will no longer be eligible for future Automatic Annual Step-Ups until you notify us in writing to our Annuity Service Center that you wish to reinstate the Automatic Annual Step-Ups. This reinstatement will take effect at the next contract anniversary after we receive your request for reinstatement.
On the date of the Optional Step-Up, the Account Value on that day will be treated as a single Purchase Payment received on the date of the step-up for purposes of determining the Annual Increase Amount after the reset. All Purchase Payments and withdrawal adjustments previously used to calculate the Annual Increase Amount will be set equal to zero on the date of the step-up.
Investment Allocation Restrictions. For a detailed description of the GMIB Plus III investment allocation restrictions, see “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”
If you elect the GMIB Plus III, you may not participate in the Dollar Cost Averaging (DCA) program.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the GMIB Plus III rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments — GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”
Guaranteed Principal Option. On each contract anniversary starting with the tenth contract anniversary and through the contract anniversary prior to the Owner's 91st birthday, you may exercise the Guaranteed Principal Option. If the Owner is a non-natural person, the Annuitant's age is the basis for determining the birthday. If there are Joint Owners, the age of the older Owner is used for determining the birthday. We must receive your request to exercise the Guaranteed Principal Option in writing, or any other method that we agree to, within 30 days following the applicable contract anniversary. The Guaranteed Principal Option will take effect at the end of this 30-day period following that contract anniversary.
By exercising the Guaranteed Principal Option, you elect to receive an additional amount to be added to your Account Value intended to restore your initial investment in the contract, in lieu of receiving GMIB payments. The
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additional amount is called the Guaranteed Principal Adjustment and is equal to (a) minus (b) where:
(a)    is Purchase Payments credited within 120 days of the date we issued the contract (reduced proportionately by the percentage reduction in Account Value attributable to each partial withdrawal prior to the exercise of the Guaranteed Principal Option) and
(b)    the Account Value on the contract anniversary immediately preceding exercise of the Guaranteed Principal Option.
The Guaranteed Principal Option can only be exercised if (a) exceeds (b), as defined above. The Guaranteed Principal Adjustment will be added to each applicable Investment Portfolio in the ratio the portion of the Account Value in such Investment Portfolio bears to the total Account Value in all Investment Portfolios. It is important to note that only Purchase Payments made during the first 120 days that you hold the contract are taken into consideration in determining the Guaranteed Principal Adjustment. If you anticipate making Purchase Payments after 120 days, you should understand that such payments will not increase the Guaranteed Principal Adjustment. However, because Purchase Payments made after 120 days will increase your Account Value, such payments may have a significant impact on whether or not a Guaranteed Principal Adjustment is due. Therefore, the GMIB Plus III rider may not be appropriate for you if you intend to make additional Purchase Payments after the 120-day period and are purchasing the rider for this feature.
The Guaranteed Principal Adjustment will never be less than zero. If the Guaranteed Principal Option is exercised, the GMIB Plus III rider will terminate as of the date the option takes effect and no additional GMIB charges will apply thereafter. The variable annuity contract, however, will continue. If you only elected the GMIB Plus III, the investment allocation restrictions and any subsequent Purchase Payment restrictions described above will no longer apply. If you elected both the GMIB Plus III and the Enhanced Death Benefit II, the Enhanced Death Benefit II investment allocation restrictions and any subsequent Purchase Payment restrictions described in “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II” will continue to apply.
The Guaranteed Principal Option is not available in the state of Washington.
Exercising the GMIB Plus III Rider. If you exercise the GMIB Plus III, you must elect to receive Annuity Payments under one of the following fixed Annuity Options:
(1)    Life annuity with 5 years of Annuity Payments guaranteed.
(2)    Joint and last survivor annuity with 5 years of Annuity Payments guaranteed. Based on federal tax rules, this option is not available for Qualified Contracts where the difference in ages of the joint Annuitants, who are not spouses, is greater than 10 years. (See “Annuity Payments (The Income Phase).”)
These options are described in the contract and the GMIB Plus III rider.
The GMIB Annuity Table is specified in the rider. This table is calculated based on the Annuity 2000 Mortality Table with 10 years of mortality improvement based on projection Scale AA and a 10-year age set back with interest of 1.0% per annum. As with other payout types, the amount you receive as an income payment also depends on the Annuity Option you select, your age, and (where permitted by state law) your sex. The annuity rates for attained ages 86 to 90 are the same as those for attained age 85. The annuity rates in the GMIB Annuity Table are conservative, so the amount of guaranteed minimum lifetime income that the GMIB produces may be less than the amount of annuity income that would be provided by applying your Account Value on your Annuity Date to then-current annuity purchase rates.
If you exercise the GMIB Plus III, your Annuity Payments will be the greater of:
the Annuity Payment determined by applying the amount of the Income Base to the GMIB Annuity Table, or
the Annuity Payment determined for the same Annuity Option in accordance with the base contract. (See “Annuity Payments (The Income Phase).”)
If the amount of the guaranteed minimum lifetime income that the GMIB Plus III produces is less than the amount of annuity income that would be provided by applying your Account Value on the Annuity Date to the then-current annuity purchase rates, then you would have paid for a benefit that you did not use.
If you take a full withdrawal of your Account Value, your contract is terminated by us due to its small Account Value
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and inactivity (see “Purchase — Termination for Low Account Value”), or your contract lapses and there remains any Income Base, we will commence making income payments within 30 days of the date of the full withdrawal, termination or lapse. In such cases, your income payments under this benefit, if any, will be determined using the Income Base and any applicable withdrawal adjustment that was taken on account of the withdrawal, termination or lapse.
Enhanced Payout Rates. As noted above, for the GMIB Plus III rider, the annuity rates in the GMIB Annuity Table are calculated based on the Annuity 2000 Mortality Table with 10 years of mortality improvement based on projection scale AA and a 10-year age set back with interest of 1.0% per annum. However, the GMIB Plus III payout rates are enhanced under the following circumstances. If:
you take no withdrawals prior to age 62;
your Account Value is fully withdrawn or decreases to zero at or after your 62nd birthday and there is an Income Base remaining; and
the Annuity Option you select is the single life annuity with 5 years of Annuity Payments guaranteed;
then the annual Annuity Payments under the GMIB Plus III rider will equal or exceed 5% of the Income Base (calculated on the date the payments are determined).
If an Owner dies and the Owner's spouse (age 89 or younger) is the Beneficiary of the contract, the spouse may elect to continue the contract and the GMIB Plus III rider. If the spouse elects to continue the contract and the Owner had begun to take withdrawals prior to his or her death, and the Owner was older than the spouse, the spouse's eligibility for the enhanced payout rates described above is based on the Owner's age when the withdrawals began. For example, if an Owner had begun to take withdrawals at age 62 and subsequently died, if that Owner's spouse continued the contract and the GMIB Plus III rider, the spouse would be eligible for the 5% enhanced payout rate described above, even if the spouse were younger than age 62 at the time the contract was continued. If the spouse elects to continue the contract and the Owner had not taken any withdrawals prior to his or her death, the spouse's eligibility for the enhanced payout rates described above is based on the spouse's age when the spouse begins to take withdrawals.
For contracts issued with the GMIB Plus III rider from July 19, 2010 through February 25, 2011, the following enhanced payout rates apply. If:
you take no withdrawals prior to age 62;
your Account Value is fully withdrawn or decreases to zero at or after your 62nd birthday and there is an Income Base remaining; and
the Annuity Option you select is the single life annuity with 5 years of Annuity Payments guaranteed;
then the annual Annuity Payments under the GMIB Plus III rider will equal or exceed 5.5% of the Income Base (calculated on the date the payments are determined). Alternatively, if:
you take no withdrawals prior to age 60;
your Account Value is fully withdrawn or decreases to zero at or after your 60th birthday and there is an Income Base remaining; and
the Annuity Option you select is the single life annuity with 5 years of Annuity Payments guaranteed;
then the annual Annuity Payments under the GMIB Plus III rider will equal or exceed 5% of the Income Base (calculated on the date the payments are determined).
If you choose not to receive Annuity Payments as guaranteed under the GMIB Plus III, you may elect any of the Annuity Options available under the contract.
Terminating the GMIB Plus III Rider. Except as otherwise provided in the GMIB Plus III rider, the rider will terminate upon the earliest of:
a)    The 30th day following the contract anniversary prior to your 91st birthday;
b)    The date you make a complete withdrawal of your Account Value (if there is an Income Base remaining you will receive payments based on the remaining Income Base) (a pro rata portion of the rider charge will be assessed);
c)    The date you elect to receive Annuity Payments under the contract and you do not elect to receive payments under the GMIB (a pro rata portion of the rider charge will be assessed);
d)    Death of the Owner or Joint Owner (unless the spouse (age 89 or younger) is the Beneficiary and elects to continue the contract), or death of the Annuitant if a non-natural person owns the contract;
e)    A change for any reason of the Owner or Joint Owner or the Annuitant, if a non-natural person owns the contract, subject to our administrative
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procedures (a pro rata portion of the rider charge will be assessed);
f)    The effective date of the Guaranteed Principal Option; or
g)    The date you assign your contract (a pro rata portion of the rider charge will be assessed).
If an Owner or Joint Owner dies and:
the spouse elects to continue the contract and the GMIB rider under termination provision d) above; and
before the 10-year waiting period to exercise the GMIB rider has elapsed, the GMIB rider will terminate under termination provision a) above (because it is the 30th day following the contract anniversary prior to the spouse’s 91st birthday);
we will permit the spouse to exercise the GMIB rider within the 30 days following the contract anniversary prior to his or her 91st birthday, even though the 10-year waiting period has not elapsed.
Under our current administrative procedures, we will waive the termination of the GMIB Plus III rider if you assign a portion of the contract under the following limited circumstances: if the assignment is solely for your benefit on account of your direct transfer of Account Value under Section 1035 of the Internal Revenue Code to fund premiums for a long term care insurance policy or Purchase Payments for an annuity contract issued by an insurance company which is not our affiliate and which is licensed to conduct business in any state.
When the GMIB Plus III rider terminates, the corresponding GMIB Plus III rider charge terminates and the GMIB Plus III investment allocation restrictions and any subsequent Purchase Payment restrictions, described above, will no longer apply. If you elected both the GMIB Plus III and EDB II riders, the EDB II investment allocation restrictions and any subsequent Purchase Payment restrictions described in “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II” will continue to apply.
Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With GMIB Plus III
For IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code, you may be required to take withdrawals to fulfill minimum distribution requirements generally beginning at age 72 (age 70 12, if you were born on or before June 30, 1949).
Used with the GMIB Plus III rider, our Automated Required Minimum Distribution Program can help you fulfill minimum distribution requirements with respect to your contract without reducing the Income Base on a proportionate basis. (Reducing the Income Base on a proportionate basis could have the effect of reducing or eliminating the value of Annuity Payments under the GMIB Plus III rider.) The Automated Required Minimum Distribution Program calculates minimum distribution requirements with respect to your contract and makes payments to you on a monthly, quarterly, semi-annual or annual basis.
Alternatively, you may choose to enroll in both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program (see “Access to Your Money Systematic Withdrawal Program”). In order to avoid taking withdrawals that could reduce the Income Base on a proportionate basis, withdrawals under the Systematic Withdrawal Program should not exceed 5% of the Annual Increase Amount at the beginning of the Contract Year. Any amounts above 5% of the Annual Increase Amount that need to be withdrawn to fulfill minimum distribution requirements can be paid out at the end of the calendar year by the Automated Required Minimum Distribution Program. For example, if you elect the GMIB Plus III and enroll in the Systematic Withdrawal Program and elect to receive monthly payments totaling 5% of the Annual Increase Amount, you should also enroll in the Automated Required Minimum Distribution Program and elect to receive your Automated Required Minimum Distribution Program payment on an annual basis, after the Systematic Withdrawal Program monthly payment in December.
If you enroll in either the Automated Required Minimum Distribution Program or both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program, you should not make additional withdrawals outside the programs. Additional withdrawals may result in the Income Base being reduced on a proportionate basis, and have the effect of reducing or eliminating the value of Annuity Payments under the GMIB Plus III rider.
To enroll in the Automated Required Minimum Distribution Program and/or the Systematic Withdrawal Program, please contact our Annuity Service Center.
(See Appendix C for examples illustrating the operation of the GMIB.)
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Description of GMIB Plus II
In states where approved, the GMIB Plus II was available with contracts issued on or before July 16, 2010.
GMIB Plus II is identical to GMIB Plus III, with the following exceptions:
(1)    The GMIB Plus II Income Base and withdrawal adjustments are calculated as described above for GMIB Plus III, except that the annual increase rate is 5% per year through the contract anniversary prior to the Owner's 91st birthday and 0% thereafter. Item (b) under “Annual Increase Rate” above (the required minimum distribution rate) does not apply to the calculation of the Income Base or the withdrawal adjustments under the GMIB Plus II rider.
(2)    The GMIB Annuity Table is calculated based on the Annuity 2000 Mortality Table with a 10-year age set back with interest of 1.5% per annum.
(3)    The GMIB payout rates are enhanced to be at least (a) 5.5% of the Income Base (calculated on the date the payments are determined) in the event: (i) you take no withdrawals prior to age 62; (ii) your Account Value is fully withdrawn or decreases to zero on or after your 62nd birthday and there is an Income Base remaining; and (iii) the Annuity Option you select is the single life annuity with 5 years of Annuity Payments guaranteed, or (b) 5% of the Income Base (calculated on the date the payments are determined) in the event: (i) you take no withdrawals prior to age 60; (ii) your Account Value is fully withdrawn or decreases to zero on or after your 60th birthday and there is an Income Base remaining; and (iii) the Annuity Option you select is the single life annuity with 5 years of Annuity Payments guaranteed.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the GMIB Plus II rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments — GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”
For contracts issued with the GMIB Plus II rider from February 24, 2009 through May 1, 2009, the following additional differences apply:
(4) The annual increase rate is 6% through the contract anniversary immediately prior to your 91st birthday, and 0% per year thereafter.
(5) If total withdrawals in a Contract Year are 6% or less of the Annual Increase Amount on the issue
  date or on the prior contract anniversary after the first Contract Year, and if these withdrawals are paid to you (or the Annuitant if the contract is owned by a non-natural person) or to another payee we agree to, the total withdrawal adjustments for that Contract Year will be set equal to the dollar amount of total withdrawals in that Contract Year.
(6) The fixed Annuity Options are the single life annuity with 10 years of Annuity Payments guaranteed (if you choose to start the Annuity Option after age 79, the year of the Guarantee Period component of the Annuity Option is reduced to: 9 years at age 80, 8 years at age 81, 7 years at age 82, 6 years at age 83, or 5 years at ages 84 through 90) or the joint and last survivor annuity with 10 years of Annuity Payments guaranteed (not available for Qualified Contracts where the difference in ages of the joint Annuitants is greater than 10 years; this limitation only applies to joint Annuitants who are not spouses).
(7) Different investment allocation restrictions apply. (See “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”)
(8) If your Income Base is increased due to an Optional Step-Up on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge to 1.20% of the Income Base, applicable after the contract anniversary on which the Optional Step-Up occurs.
(9) The GMIB Annuity Table is calculated based on the Annuity 2000 Mortality Table with a 7-year age set back with interest of 1.5% per annum.
(10) The GMIB payout rates are enhanced to be at least (a) 6% of the Income Base (calculated on the date the payments are determined) in the event: (i) you take no withdrawals prior to age 62; (ii) your Account Value is fully withdrawn or decreases to zero on or after your 62nd birthday and there is an Income Base remaining; and (iii) the Annuity Option you select is the single life annuity with 10 years of Annuity Payments guaranteed, or (b) 5% of the Income Base (calculated on the date the payments are determined) if: (i) you take no withdrawals prior to age 60; (ii) your Account Value is fully withdrawn or decreases to zero on or after your 60th birthday and there is an Income
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  Base remaining; and (iii) the Annuity Option you select is the single life annuity with 10 years of Annuity Payments guaranteed.
For contracts issued with the GMIB Plus II rider on or before February 23, 2009, differences (4) through (8) above apply, and the following replaces differences (9) and (10):
(9) The GMIB Annuity Table is calculated based on the Annuity 2000 Mortality Table with a 7-year age set back with interest of 2.5% per annum.
(10) The GMIB payout rates are enhanced to be at least 6% of the Income Base (calculated on the date the payments are determined) in the event: (i) you take no withdrawals prior to age 60; (ii) your Account Value is fully withdrawn or decreases to zero on or after your 60th birthday and there is an Income Base remaining; and (iii) the Annuity Option you select is the single life annuity with 10 years of Annuity Payments guaranteed.
Description of GMIB Plus I
In states where approved, the GMIB Plus I was available only for Owners up through age 75, and you could only elect GMIB Plus I at the time you purchased the contract. GMIB Plus I may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary, provided that the exercise must occur no later than the 30-day period following the contract anniversary on or following the Owner’s 85th birthday.
GMIB Plus I is otherwise identical to GMIB Plus II, with the following exceptions:
(1)    The GMIB Plus I Income Base is calculated as described above, except that the annual increase rate is 6% per year through the contract anniversary on or following the Owner’s 85th birthday and 0% thereafter.
(2)    An “Optional Step-Up” under the GMIB Plus II rider is referred to as an “Optional Reset” under the GMIB Plus I rider. An Optional Reset is permitted only if: (a) the Account Value exceeds the Annual Increase Amount immediately before the reset; and (b) the Owner (or older Joint Owner, or Annuitant if the contract is owned by a non-natural person) is not older than age 75 on the date of the Optional Reset.
(3)    If your Income Base is increased due to an Optional Reset on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider
charge to 1.20% of the Income Base, applicable after the contract anniversary on which the Optional Reset occurs.
(4)    The Guaranteed Principal Option may be exercised on each contract anniversary starting with the tenth contract anniversary and through the contract anniversary prior to the Owner's 86th birthday.
(5)    We reserve the right to prohibit an Optional Reset if we no longer offer this benefit for this class of contract. We are waiving this right with respect to purchasers of the contract offered by this prospectus who elect or have elected the GMIB Plus I rider and will allow Optional Resets by those purchasers even if this benefit is no longer offered for this class of contract.
(6)    The fixed Annuity Options are the single life annuity with 10 years of Annuity Payments guaranteed (if you choose to start the Annuity Option after age 79, the year of the Guarantee Period component of the Annuity Option is reduced to: 9 years at age 80, 8 years at age 81, 7 years at age 82, 6 years at age 83, or 5 years at ages 84 and 85) or the joint and last survivor annuity with 10 years of Annuity Payments guaranteed (not available for Qualified Contracts where the difference in ages of the joint Annuitants is greater than 10 years; this limitation only applies to joint Annuitants who are not spouses).
(7)    Termination provision g) above (under “Terminating the GMIB Plus III Rider”) does not apply, and the following replaces termination provision a), above:
The 30th day following the contract anniversary on or following your 85th birthday.
and the following replaces termination provision d), above:
Death of the Owner or Joint Owner (unless the spouse (age 84 or younger) is the Beneficiary and elects to continue the contract), or death of the Annuitant if a non-natural person owns the contract.
If an Owner or Joint Owner dies and:
•  the spouse elects to continue the contract and the GMIB rider under termination provision d) above; and
•  before the 10-year waiting period to exercise the GMIB rider has elapsed, the GMIB rider will terminate under termination provision a) above (because it is the 30th day following the contract
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  anniversary on or following the spouse’s 85th birthday);
we will permit the spouse to exercise the GMIB rider within the 30 days following the contract anniversary on or following his or her 85th birthday, even though the 10-year waiting period has not elapsed.
(8)    The GMIB Annuity Table is calculated based on the Annuity 2000 Mortality Table with a 7-year age set back with interest of 2.5% per annum.
(9)    If approved in your state, the GMIB payout rates are enhanced to be at least 6% of the Income Base (calculated on the date the payments are determined) in the event: (i) you take no withdrawals prior to age 60; (ii) your Account Value is fully withdrawn or decreases to zero on or after your 60th birthday and there is an Income Base remaining; and (iii) the Annuity Option you select is the single life annuity with 10 years of Annuity Payments guaranteed.
(10)  If you elect the GMIB Plus I, you are limited to allocating your Purchase Payments and Account Value among the Fixed Account and the following Investment Portfolios:
    the AB Global Dynamic Allocation Portfolio
    the American Funds® Balanced Allocation Portfolio
    the American Funds® Growth Allocation Portfolio
     the American Funds® Moderate Allocation Portfolio
    the AQR Global Risk Balanced Portfolio
    the BlackRock Global Tactical Strategies Portfolio
    the BlackRock Ultra-Short Term Bond Portfolio
    the Brighthouse Asset Allocation 20 Portfolio
    the Brighthouse Asset Allocation 40 Portfolio
    the Brighthouse Asset Allocation 60 Portfolio
    the Brighthouse Asset Allocation 80 Portfolio
    the Brighthouse Balanced Plus Portfolio
    the Invesco Balanced-Risk Allocation Portfolio
    the JPMorgan Global Active Allocation Portfolio
    the MetLife Aggregate Bond Index Portfolio
    the MetLife Multi-Index Targeted Risk Portfolio
    the PanAgora Global Diversified Risk Portfolio
    the Schroders Global Multi-Asset Portfolio
    the SSGA Growth and Income ETF Portfolio
    the SSGA Growth ETF Portfolio
     the Western Asset Management Government Income Portfolio
If you elect the GMIB Plus I, you may not participate in the Dollar Cost Averaging (DCA) program.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the GMIB Plus I rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB.”
For contracts issued before July 16, 2007, the enhanced GMIB payout rates described in item (9) above will not be applied.
For contracts issued before February 26, 2007, we offered a version of the GMIB Plus I that is no longer available. Under this prior version, when we calculate the Annual Increase Amount: (1) the annual increase rate is 5% per year through the contract anniversary on or following the Owner's 85th birthday; and (2) the amount of total withdrawal adjustments for a Contract Year will be set equal to the dollar amount of total withdrawals in such Contract Year, provided that such total withdrawals do not exceed 5% of the Annual Increase Amount on the issue date or on the prior contract anniversary after the first Contract Year. The rider charge for this prior version of the GMIB Plus I is 0.75% of the Income Base. If your Income Base is increased due to an Optional Reset on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge to 1.00% of the Income Base, applicable after the contract anniversary on which the Optional Reset occurs.
For contracts issued before February 27, 2006, you may elect an Optional Reset under the GMIB Plus I as described above, except that: 1) you may elect an Optional Reset on any contract anniversary only on or after the third contract anniversary, and you may then elect an Optional Reset at any subsequent contract anniversary only if it has been at least three years since the last Optional Reset; and 2) you are required to affirmatively elect an Optional Reset in accordance with the procedures described above; the Automatic Annual Step-Up feature is not available. By endorsement, we have enhanced your contract to change the frequency of the Optional Resets from every third contract anniversary to every contract anniversary. You will also be able to elect Automatic Annual Step-Ups, as described above. The rider charge for this prior version of
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the GMIB Plus I is 0.75% of the Income Base. If your Income Base is increased due to an Optional Reset on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge to 1.00% of the Income Base, applicable after the contract anniversary on which the Optional Reset occurs.
Description of GMIB II
In states where approved, GMIB II was available only for Owners up through age 75, and you could only elect GMIB II at the time you purchased the contract. GMIB II may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary, provided that the exercise must occur no later than the 30-day period following the contract anniversary on or following the Owner’s 85th birthday.
GMIB II is otherwise identical to the GMIB Plus II, with the following exceptions:
(1)    The rider charge for GMIB II is lower (see “Expenses — Guaranteed Minimum Income Benefit — Rider Charge”).
(2)    The GMIB II Income Base is calculated as described above, except that, for purposes of calculating the Annual Increase Amount:
a.    the annual increase rate is 5% per year through the contract anniversary on or following the Owner’s 85th birthday and 0% thereafter, and
b.    the amount of total withdrawal adjustments for a Contract Year will be set equal to the dollar amount of total withdrawals in such Contract Year provided that such total withdrawals do not exceed 5% of the Annual Increase Amount on the issue date or on the prior contract anniversary after the first Contract Year.
(3)    There is no Guaranteed Principal Option.
(4)    There is no Optional Step-Up feature.
(5)    The fixed Annuity Options are the single life annuity with 10 years of Annuity Payments guaranteed (if you choose to start the Annuity Option after age 79, the year of the Guarantee Period component of the Annuity Option is reduced to: 9 years at age 80, 8 years at age 81, 7 years at age 82, 6 years at age 83, or 5 years at ages 84 and 85) or the joint and last survivor annuity with 10 years of Annuity Payments guaranteed (not available for Qualified Contracts where the difference in ages of the joint Annuitants is
greater than 10 years; this limitation only applies to joint Annuitants who are not spouses).
(6)    The GMIB Annuity Table is the Annuity 2000 Mortality Table with a 7-year age set back with interest of 2.5% per annum and GMIB payout rates are not enhanced.
(7)    The following replaces termination provision a), above:
The 30th day following the contract anniversary on or following your 85th birthday.
(8)    The following replaces termination provision d), above:
Death of the Owner or Joint Owner (unless the spouse (age 84 or younger) is the Beneficiary and elects to continue the contract), or death of the Annuitant if a non-natural person owns the contract.
(9)    If an Owner or Joint Owner dies and:
•  the spouse elects to continue the contract and the GMIB rider under termination provision d) above; and
•  before the 10-year waiting period to exercise the GMIB rider has elapsed, the GMIB rider will terminate under termination provision a) above (because it is the 30th day following the contract anniversary on or following the spouse’s 85th birthday);
we will permit the spouse to exercise the GMIB rider within the 30 days following the contract anniversary on or following his or her 85th birthday, even though the 10-year waiting period has not elapsed.
(10)  The following replaces termination provision e), above:
A change for any reason of the Owner or Joint Owner or the Annuitant, if a non-natural person owns the contract. Currently we follow our administrative procedures regarding termination for a change of Owner or Joint Owner or Annuitant, if a non-natural person owns the contract.
(11)  Termination provisions f) and g), above, do not apply.
(12)  There are no limitations to how you may allocate your Purchase Payments and Account Value among the Investment Portfolios, and you may participate in the Dollar Cost Averaging (DCA) program.
(13)    Subsequent Purchase Payments are not currently restricted under the GMIB II rider.
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(See Appendix C for examples illustrating the operation of GMIB II.)
Description of GMIB I
In states where approved, you could only elect the GMIB I rider at the time you purchased the contract and if you were age 75 or less. Once elected, the rider cannot be terminated except as described below. GMIB I may be exercised after a 10-year waiting period, up through age 85, within 30 days following a contract anniversary.
GMIB I is identical to GMIB II, with the following exceptions:
(1)    The GMIB I Income Base is calculated as described above for GMIB Plus II, except that:
a) Withdrawals may be payable as you direct without affecting the withdrawal adjustments;
b) The annual increase rate is 6% per year through the contract anniversary immediately prior to the Owner’s 81st birthday and 0% thereafter; and
c) If total withdrawals in a Contract Year are 6% or less of the Annual Increase Amount on the issue date or previous contract anniversary, if later, the total withdrawal adjustments for that Contract Year will be set equal to the dollar amount of total withdrawals in that Contract Year.
(2)    The following replaces termination provision d), above:
Death of the Owner or death of the Annuitant if a non-natural person owns the contract.
(3)    If you take a full withdrawal of your Account Value, your contract is terminated by us due to its small Account Value and inactivity (see “Purchase — Termination for Low Account Value”), or your contract lapses, the GMIB I rider terminates (even if there remains any Income Base) and no payments will be made under the rider.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the GMIB I rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB.”
We currently waive the contractual requirement that terminates the GMIB I rider in the event of the death of the Owner in circumstances where the spouse of the Owner elects to continue the contract. (See “Death
Benefit — General Death Benefit Provisions.”) In such event, the GMIB I rider will automatically continue unless the spouse elects to terminate the rider. We are permanently waiving this requirement with respect to purchasers of the contract offered by this prospectus who have elected GMIB I.
Guaranteed Withdrawal Benefits
We offer optional guaranteed withdrawal benefit riders for an additional charge. There are four different versions of the GWB under this contract: Lifetime Withdrawal Guarantee II (LWG II), Lifetime Withdrawal Guarantee I (LWG I), Enhanced Guaranteed Withdrawal Benefit (Enhanced GWB), and Guaranteed Withdrawal Benefit I (GWB I).
There may be versions of each rider that vary by issue date and state availability. In addition, a version of a rider may become available (or unavailable) in different states at different times. Please check with your financial representative regarding which version(s) are available in your state. If you have already been issued a contract, please check your contract and riders for the specific provisions applicable to you.
Each of the guaranteed withdrawal benefit riders guarantees that the entire amount of Purchase Payments you make will be returned to you through a series of withdrawals that you may begin taking immediately or at a later time, provided withdrawals in any Contract Year do not exceed the maximum amount allowed. This means that, regardless of negative investment performance, you can take specified annual withdrawals until the entire amount of the Purchase Payments you made during the time period specified in your rider has been returned to you. Moreover, if you make your first withdrawal on or after the date you reach age 59 12, the Lifetime Withdrawal Guarantee riders guarantee income for your life (and the life of your spouse, if the Joint Life version of the rider was elected, and your spouse elects to continue the contract and is at least age 59 12 at continuation), even after the entire amount of Purchase Payments has been returned. (See “Description of the Lifetime Withdrawal Guarantee II” below.)
If you purchase a guaranteed withdrawal benefit rider, you must elect one version at the time you purchase the contract, prior to age 86. You may not have this benefit and another living benefit (GMIB or GMAB) or an Enhanced Death Benefit rider in effect at the same time. Once elected, these riders may not be terminated except as stated below.
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Facts About Guaranteed Withdrawal Benefit Riders
Managing Withdrawals. The rider guarantees may be reduced if your annual withdrawals are greater than the maximum amount allowed, called the Annual Benefit Payment, which is described in more detail below. The GWB does not establish or guarantee an Account Value or minimum return for any Investment Portfolio. The Benefit Base (as described below) under the Enhanced GWB and GWB I, and the Remaining Guaranteed Withdrawal Amount (as described below) under the Lifetime Withdrawal Guarantee, cannot be taken as a lump sum. (However, if you cancel the Lifetime Withdrawal Guarantee riders after a waiting period of at least fifteen years, the Guaranteed Principal Adjustment will increase your Account Value to the Purchase Payments credited within the first 120 days of the date that we issue the contract, reduced proportionately for any withdrawals. See “Description of the Lifetime Withdrawal Guarantee II — Cancellation and Guaranteed Principal Adjustment” below.) Income taxes and penalties may apply to your withdrawals.
If in any Contract Year you take cumulative withdrawals that exceed the Annual Benefit Payment, the total payments that the guaranteed withdrawal benefit riders guarantee that you or your Beneficiary will receive from the contract over time may be less than the initial Guaranteed Withdrawal Amount for the Enhanced GWB and GWB I or the initial Total Guaranteed Withdrawal Amount for the Lifetime Withdrawal Guarantee riders. This reduction may be significant and means that return of your Purchase Payments may be lost. The rider charge will continue to be deducted and calculated based on the Guaranteed Withdrawal Amount for the Enhanced GWB and GWB I or the Total Guaranteed Withdrawal Amount for the Lifetime Withdrawal Guarantee riders until termination of the rider.
Rider Charges. If a Lifetime Withdrawal Guarantee rider is in effect, we will continue to assess the Lifetime Withdrawal Guarantee rider charge even in the case where your Remaining Guaranteed Withdrawal Amount, as described below, equals zero. However, if the Enhanced GWB or GWB I rider is in effect, we will not continue to assess the GWB rider charge if your Benefit Base, as described below, equals zero.
Taxes. Withdrawals of taxable amounts will be subject to ordinary income tax and, if made prior to age 59 12, a 10% federal tax penalty may apply.
Tax Treatment. The tax treatment of withdrawals under the GWB riders is uncertain. It is conceivable that the amount of potential gain could be determined based on the Benefit Base for the Enhanced GWB and GWB I or the Remaining Guaranteed Withdrawal Amount under the Lifetime Withdrawal Guarantee riders at the time of the withdrawal, if the Benefit Base or Remaining Guaranteed Withdrawal Amount is greater than the Account Value. This could result in a greater amount of taxable income reported under a withdrawal and conceivably a limited ability to recover any remaining basis if there is a loss on surrender of the contract. Consult your tax adviser prior to purchase.
Lifetime Withdrawal Guarantee, GWB, and Decedent Contracts. If you are purchasing this contract with a nontaxable transfer of the death benefit proceeds of any annuity contract or IRA (or any other tax-qualified arrangement) of which you were the Beneficiary and you are “stretching” the distributions under the IRS required distribution rules, you may not purchase the Lifetime Withdrawal Guarantee rider. Upon your death, however, any remaining benefits may need to be accelerated to comply with IRS rules.
If you are purchasing this contract with a nontaxable transfer of the death benefit proceeds of any Non-Qualified annuity contract of which you were the Beneficiary and you are “stretching” the distributions under the IRS required distribution rules, you may not purchase the Enhanced GWB or GWB I rider.
(See Appendix D for examples of the GWB riders.)
Description of the Lifetime Withdrawal Guarantee II
Total Guaranteed Withdrawal Amount. While the Lifetime Withdrawal Guarantee II rider is in effect, we guarantee that you will receive a minimum amount over time. We refer to this minimum amount as the Total Guaranteed Withdrawal Amount. The initial Total Guaranteed Withdrawal Amount is equal to your initial Purchase Payment. We increase the Total Guaranteed Withdrawal Amount (up to a maximum of $10,000,000) by each additional Purchase Payment. If you take a withdrawal that does not exceed the Annual Benefit Payment (see “Annual Benefit Payment” below), then we will not reduce the Total Guaranteed Withdrawal Amount.
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We refer to this type of withdrawal as a Non-Excess Withdrawal. If, however, you take a withdrawal that results in cumulative withdrawals for the current Contract Year that exceed the Annual Benefit Payment, then we will reduce the Total Guaranteed Withdrawal Amount in the same proportion that the entire withdrawal reduced the Account Value. We refer to this type of withdrawal as an Excess Withdrawal. This reduction may be significant, particularly when the Account Value is lower than the Total Guaranteed Withdrawal Amount (see “Managing Your Withdrawals” below). Limiting your cumulative withdrawals during a Contract Year to not more than the Annual Benefit Payment will result in dollar-for-dollar treatment of the withdrawals.
Remaining Guaranteed Withdrawal Amount. The Remaining Guaranteed Withdrawal Amount is the remaining amount you are guaranteed to receive over time. The initial Remaining Guaranteed Withdrawal Amount is equal to the initial Total Guaranteed Withdrawal Amount. We increase the Remaining Guaranteed Withdrawal Amount (up to a maximum of $10,000,000) by additional Purchase Payments, and we decrease the Remaining Guaranteed Withdrawal Amount by withdrawals. If you take a Non-Excess Withdrawal, we will decrease the Remaining Guaranteed Withdrawal Amount, dollar-for-dollar, by the amount of the Non-Excess Withdrawal. If, however, you take an Excess Withdrawal, then we will reduce the Remaining Guaranteed Withdrawal Amount in the same proportion that the withdrawal reduces the Account Value. This reduction may be significant, particularly when the Account Value is lower than the Remaining Guaranteed Withdrawal Amount (see “Managing Your Withdrawals” below). Limiting your cumulative withdrawals during a Contract Year to not more than the Annual Benefit Payment will result in dollar-for-dollar treatment of the withdrawals. As described below under “Annual Benefit Payment,” the Remaining Guaranteed Withdrawal Amount is the total amount you are guaranteed to receive over time if you take your first withdrawal before the Owner or older Joint Owner (or the Annuitant if the Owner is a non-natural person) is age 59 12. The Remaining Guaranteed Withdrawal Amount is also used to calculate an alternate death benefit available under the Lifetime Withdrawal Guarantee (see “Additional Information” below).
Automatic Annual Step-Up. On each contract anniversary prior to the Owner’s 91st birthday, an Automatic Annual Step-Up will occur, provided that the Account Value exceeds the Total Guaranteed Withdrawal
Amount (after compounding) immediately before the step-up (and provided that you have not chosen to decline the step-up as described below).
The Automatic Annual Step-Up:
resets the Total Guaranteed Withdrawal Amount and the Remaining Guaranteed Withdrawal Amount to the Account Value on the date of the step-up, up to a maximum of $10,000,000, regardless of whether or not you have taken any withdrawals;
resets the Annual Benefit Payment equal to 5% of the Total Guaranteed Withdrawal Amount after the step-up (or 6% if you make your first withdrawal during a Contract Year in which the Owner (or older Joint Owner, or Annuitant if the Owner is a non-natural person) attains or will attain age 76 or older); and
may reset the LWG II rider charge to a rate that does not exceed the lower of: (a) the Maximum Automatic Annual Step-Up Charge (1.60% for the Single Life version or 1.80% for the Joint Life version) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Automatic Annual Step-Up.
For contracts issued on or before February 23, 2009, the maximum charge upon an Automatic Annual Step-Up is 1.25% (Single Life version) or 1.50% (Joint Life version).
In the event that the charge applicable to contract purchases at the time of the step-up is higher than your current LWG II rider charge, we will notify you in writing a minimum of 30 days in advance of the applicable contract anniversary and inform you that you may choose to decline the Automatic Annual Step-Up. If you choose to decline the Automatic Annual Step-Up, you must notify us in accordance with our Administrative Procedures (currently we require you to submit your request in writing to our Annuity Service Center no less than seven calendar days prior to the applicable contract anniversary). Once you notify us of your decision to decline the Automatic Annual Step-Up, you will no longer be eligible for future Automatic Annual Step-Ups until you notify us in writing to our Annuity Service Center that you wish to reinstate the step-ups. This reinstatement will take effect at the next contract anniversary after we receive your request for reinstatement. Please note that the Automatic Annual Step-Up may be of limited benefit if you intend to make Purchase Payments that would cause your Account Value to approach $10,000,000, because the Total Guaranteed Withdrawal Amount and Remaining Guaranteed Withdrawal Amount cannot exceed $10,000,000.
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For contracts issued on or before February 23, 2009, if your Total Guaranteed Withdrawal Amount is increased due to an Automatic Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge for the Single Life version to 0.95% of the Total Guaranteed Withdrawal Amount, and we will increase the rider charge for the Joint Life version to 1.20% of the Total Guaranteed Withdrawal Amount, applicable after the contract anniversary on which the Automatic Annual Step-Up occurs.
Annual Benefit Payment. The initial Annual Benefit Payment is equal to the initial Total Guaranteed Withdrawal Amount multiplied by the 5% Withdrawal Rate (6% Withdrawal Rate if you make your first withdrawal during a Contract Year in which the Owner (or older Joint Owner, or Annuitant if the Owner is a non-natural person) attains or will attain age 76 or older). If the Total Guaranteed Withdrawal Amount is later recalculated (for example, because of additional Purchase Payments, the Automatic Annual Step-Up, or Excess Withdrawals), the Annual Benefit Payment is reset equal to the new Total Guaranteed Withdrawal Amount multiplied by the 5% Withdrawal Rate (6% Withdrawal Rate if you make your first withdrawal during a Contract Year in which the Owner (or older Joint Owner, or Annuitant if the Owner is a non-natural person) attains or will attain age 76 or older).
It is important to note:
If you take your first withdrawal before the date you reach age 59 12, we will continue to pay the Annual Benefit Payment each year until the Remaining Guaranteed Withdrawal Amount is depleted, even if your Account Value declines to zero. This means if your Account Value is depleted due to a Non-Excess Withdrawal or the deduction of the rider charge, and your Remaining Guaranteed Withdrawal Amount is greater than zero, we will pay you the remaining Annual Benefit Payment, if any, not yet withdrawn during the Contract Year that the Account Value was depleted, and beginning in the following Contract Year, we will continue paying the Annual Benefit Payment to you each year until your Remaining Guaranteed Withdrawal Amount is depleted. This guarantees that you will receive your Purchase Payments even if your Account Value declines to zero due to market performance, so long as you do not take Excess Withdrawals; however, you will not be guaranteed income for the rest of your life.
If you take your first withdrawal on or after the date you reach age 59 12, we will continue to pay the Annual
  Benefit Payment each year for the rest of your life (and the life of your spouse, if the Joint Life version of the rider was elected, and your spouse elects to continue the contract and is at least age 59 12 at continuation), even if your Remaining Guaranteed Withdrawal Amount and/or Account Value declines to zero. This means if your Remaining Guaranteed Withdrawal Amount and/or your Account Value is depleted due to a Non-Excess Withdrawal or the deduction of the rider charge, we will pay to you the remaining Annual Benefit Payment, if any, not yet withdrawn during that Contract Year that the Account Value was depleted, and beginning in the following Contract Year, we will continue paying the Annual Benefit Payment to you each year for the rest of your life (and your spouse’s life, if the Joint Life version of the rider was elected, and your spouse elects to continue the contract and is at least age 59 12 at continuation). Therefore, you will be guaranteed income for life.
If you take your first withdrawal during a Contract Year in which the Owner (or older Joint Owner, or Annuitant if the Owner is a non-natural person) attains or will attain age 76 or older, your Annual Benefit payment will be set equal to a 6% Withdrawal Rate multiplied by the Total Guaranteed Withdrawal Amount.
If you have elected the LWG II, you should carefully consider when to begin taking withdrawals. If you begin taking withdrawals too soon, you may limit the value of the LWG II. For example, if you delay taking withdrawals for too long, you may limit the number of years available for you to take withdrawals in the future (due to life expectancy) and you may be paying for a benefit you are not using.
You have the option of receiving withdrawals under the LWG II rider or receiving payments under an annuity income option. You should consult with your financial representative when deciding how to receive income under this contract. In making this decision, you should consider many factors, including the relative amount of current income provided by the two options, the potential ability to receive higher future payments through potential increases to the value of the LWG II (as described below), your potential need to make additional withdrawals in the future, and the relative values to you of the death benefits available prior to and after annuitization. (See “Lifetime Withdrawal Guarantee and Annuitization” below.)
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Managing Your Withdrawals. It is important that you carefully manage your annual withdrawals. To retain the full guarantees of this rider, your annual withdrawals cannot exceed the Annual Benefit Payment each Contract Year. In other words, you should not take Excess Withdrawals. If you do take an Excess Withdrawal, we will recalculate the Total Guaranteed Withdrawal Amount and reduce the Annual Benefit Payment to the new Total Guaranteed Withdrawal Amount multiplied by the 5% Withdrawal Rate (6% Withdrawal Rate if you make your first withdrawal during a Contract Year in which the Owner (or older Joint Owner, or Annuitant if the Owner is a non-natural person) attains or will attain age 76 or older).
In addition, as noted above, if you take an Excess Withdrawal, we will reduce the Remaining Guaranteed Withdrawal Amount in the same proportion that the withdrawal reduces the Account Value. These reductions in the Total Guaranteed Withdrawal Amount, Annual Benefit Payment, and Remaining Guaranteed Withdrawal Amount may be significant. You are still eligible to receive either lifetime payments or the remainder of the Remaining Guaranteed Withdrawal Amount so long as the withdrawal that exceeded the Annual Benefit Payment did not cause your Account Value to decline to zero. An Excess Withdrawal that reduces the Account Value to zero will terminate the contract.
If you take an Excess Withdrawal in a Contract Year, you may be able to reduce the impact of the Excess Withdrawal on your Total Guaranteed Withdrawal Amount, Annual Benefit Payment, and Remaining Guaranteed Withdrawal Amount by making two separate withdrawals (on different days) instead of a single withdrawal. The first withdrawal should be equal to your Annual Benefit Payment (or remaining Annual Benefit Payment if withdrawals have already occurred in the Contract Year); this withdrawal will not reduce your Total Guaranteed Withdrawal Amount (and Annual Benefit Payment) and it will reduce your Remaining Guaranteed Withdrawal Amount dollar-for-dollar by the amount of the withdrawal. The second withdrawal (on a subsequent day) should be for the amount in excess of the Annual Benefit Payment (or remaining Annual Benefit Payment); this withdrawal will reduce your Total Guaranteed Withdrawal Amount, Annual Benefit Payment, and Remaining Guaranteed
Withdrawal Amount in the same proportion that the withdrawal reduces the Account Value. For an example of taking multiple withdrawals in this situation, see Appendix D, “A. Lifetime Withdrawal Guarantee 2. When Withdrawals Do Exceed the Annual Benefit Payment a. Lifetime Withdrawal Guarantee II Proportionate Reduction.”
You can always take Non-Excess Withdrawals. However, if you choose to receive only a part of your Annual Benefit Payment in any given Contract Year, your Annual Benefit Payment is not cumulative and your Remaining Guaranteed Withdrawal Amount and Annual Benefit Payment will not increase. For example, since your Annual Benefit Payment is 5% of your Total Guaranteed Withdrawal Amount (or 6% if you make your first withdrawal during a Contract Year in which the Owner (or older Joint Owner, or Annuitant if the Owner is a non-natural person) attains or will attain age 76 or older), you cannot withdraw 3% of the Total Guaranteed Withdrawal Amount in one year and then withdraw 7% of the Total Guaranteed Withdrawal Amount the next year without making an Excess Withdrawal in the second year.
Required Minimum Distributions. For IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code, you may be required to take withdrawals to fulfill minimum distribution requirements generally beginning at age 72 (age 70 12, if you were born on or before June 30, 1949). These required distributions may be larger than your Annual Benefit Payment. If you enroll in the Automated Required Minimum Distribution Program and elect annual withdrawals, after the first Contract Year, we will increase your Annual Benefit Payment to equal your most recently calculated required minimum distribution amount, if such amount is greater than your Annual Benefit Payment. Otherwise, any cumulative withdrawals you make to satisfy your required minimum distribution amount will be treated as Excess Withdrawals if they exceed your Annual Benefit Payment. You must be enrolled only in the Automated Required Minimum Distribution Program to qualify for this increase in the Annual Benefit Payment. You may not be enrolled in any other systematic withdrawal program. The frequency of your withdrawals must be annual. The Automated Required Minimum Distribution Program is based on information relating to this contract only. To enroll in the Automated Required Minimum Distribution Program, please contact our Annuity Service Center.
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Investment Allocation Restrictions. If you elect the LWG II rider, there are certain investment allocation restrictions. Please see “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II” above. If you elect the LWG II, you may not participate in the Dollar Cost Averaging (DCA) program.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the LWG II rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments — GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”
Joint Life Version. A Joint Life version of the LWG II rider is available for a charge of 1.50% (which may increase upon an Automatic Annual Step-Up to a maximum of 1.80%). (See “Automatic Annual Step-Up” above.) Like the Single Life version of the LWG II rider, the Joint Life version must be elected at the time you purchase the contract, and the Owner (or older Joint Owner) must be age 85 or younger. Under the Joint Life version, when the Owner of the contract dies (or when the first Joint Owner dies), the LWG II rider will automatically remain in effect only if the spouse is the primary Beneficiary and elects to continue the contract under the spousal continuation provisions. (See “Death Benefit — Spousal Continuation.”) This means that if you purchase the Joint Life version and subsequently get divorced, or your spouse is no longer the primary Beneficiary at the time of your death, he or she will not be eligible to receive payments under the LWG II rider. If the spouse is younger than age 59 12 when he or she elects to continue the contract, the spouse will receive the Annual Benefit Payment each year until the Remaining Guaranteed Withdrawal Amount is depleted. If the spouse is age 59 12 or older when he or she elects to continue the contract, the spouse will receive the Annual Benefit Payment each year for the remainder of his or her life. If the first withdrawal was taken before the contract Owner died (or before the first Joint Owner died), the Withdrawal Rate upon continuation of the contract and LWG II rider by the spouse will be based on the age of the contract Owner, or older Joint Owner, at the time the first withdrawal was taken (see “Annual Benefit Payment” above).
In situations in which a trust is both the Owner and Beneficiary of the contract, the Joint Life version of the LWG II would not apply.
For contracts issued on or before February 23, 2009, the current charge for the Joint Life version is 0.85% (which
may increase upon an Automatic Annual Step-Up to a maximum of 1.50%). (See “Automatic Annual Step-Up” above.)
Cancellation and Guaranteed Principal Adjustment. You may elect to cancel the LWG II rider on the contract anniversary every five Contract Years for the first 15 Contract Years and annually thereafter. We must receive your cancellation request within 30 days following the applicable contract anniversary in accordance with our Administrative Procedures (currently we require you to submit your request in writing to our Annuity Service Center). The cancellation will take effect upon our receipt of your request. If cancelled, the LWG II rider will terminate, we will no longer deduct the LWG II rider charge, and the investment allocation restrictions described in “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II” will no longer apply. The variable annuity contract, however, will continue.
If you cancel the LWG II rider on the fifteenth contract anniversary or any contract anniversary thereafter, we will add a Guaranteed Principal Adjustment to your Account Value. The Guaranteed Principal Adjustment is intended to restore your initial investment in the contract in the case of poor investment performance.The Guaranteed Principal Adjustment is equal to (a) - (b) where:
(a)    is Purchase Payments credited within 120 days of the date that we issued the contract, reduced proportionately by the percentage reduction in Account Value attributable to any partial withdrawals taken and
(b)    is the Account Value on the date of cancellation.
The Guaranteed Principal Adjustment will be added to each applicable Investment Portfolio in the ratio the portion of the Account Value in such Investment Portfolio bears to the total Account Value in all Investment Portfolios. The Guaranteed Principal Adjustment will never be less than zero.
Only Purchase Payments made during the first 120 days that you hold the contract are taken into consideration in determining the Guaranteed Principal Adjustment. Contract Owners who anticipate making Purchase Payments after 120 days should understand that such payments will not increase the Guaranteed Principal Adjustment. Purchase Payments made after 120 days are added to your Account Value and impact whether or not a benefit is due. Therefore, the LWG II may not be appropriate for you if you intend to make additional
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Purchase Payments after the 120-day period and are purchasing the LWG II for its Guaranteed Principal Adjustment feature.
Termination of the Lifetime Withdrawal Guarantee II Rider. The Lifetime Withdrawal Guarantee II rider will terminate upon the earliest of:
(1)    the date of a full withdrawal of the Account Value (you are still eligible to receive either the Remaining Guaranteed Withdrawal Amount or lifetime payments, provided the withdrawal did not exceed the Annual Benefit Payment and the provisions and conditions of the rider have been met) (a pro rata portion of the rider charge will be assessed);
(2)    the date all of the Account Value is applied to an Annuity Option (a pro rata portion of the rider charge will be assessed);
(3)    the date there are insufficient funds to deduct the Lifetime Withdrawal Guarantee rider charge from the Account Value and your contract is thereby terminated (whatever Account Value is available will be applied to pay the rider charge and you are still eligible to receive either the Remaining Guaranteed Withdrawal Amount or lifetime payments, provided the provisions and conditions of the rider have been met; however, you will have no other benefits under the contract);
(4)    death of the Owner or Joint Owner (or the Annuitant if the Owner is a non-natural person), except where the contract is issued under the Joint Life version of the Lifetime Withdrawal Guarantee, the primary Beneficiary is the spouse, and the spouse elects to continue the contract under the spousal continuation provisions of the contract;
(5)    change of the Owner or Joint Owner for any reason, subject to our administrative procedures (a pro rata portion of the rider charge will be assessed);
(6)    the effective date of the cancellation of the rider;
(7)    termination of the contract to which the rider is attached, other than due to death (a pro rata portion of the rider charge will be assessed); or
(8)    the date you assign your contract (a pro rata portion of the rider charge will be assessed).
Under our current administrative procedures, we will waive the termination of the LWG II rider if you assign a portion of the contract under the following limited circumstances: if the assignment is solely for your benefit on account of your direct transfer of Account Value under Section 1035
of the Internal Revenue Code to fund premiums for a long term care insurance policy or Purchase Payments for an annuity contract issued by an insurance company which is not our affiliate and which is licensed to conduct business in any state.
Once the rider is terminated, the LWG II rider charge will no longer be deducted and the LWG II investment allocation restrictions will no longer apply.
Additional Information. The LWG II rider may affect the death benefit available under your contract. If the Owner or Joint Owner should die while the LWG II rider is in effect, an alternate death benefit amount will be calculated under the LWG II rider that can be taken in a lump sum. The LWG II death benefit amount that may be taken as a lump sum will be equal to total Purchase Payments less any partial withdrawals (deducted on a dollar-for-dollar basis). If this death benefit amount is greater than the death benefit provided by your contract, and if you made no Excess Withdrawals, then this death benefit amount will be paid instead of the death benefit provided by the contract. All other provisions of your contract’s death benefit will apply.
Alternatively, the Beneficiary may elect to receive the Remaining Guaranteed Withdrawal Amount as a death benefit, in which case we will pay the Remaining Guaranteed Withdrawal Amount on a monthly basis (or any mutually agreed upon frequency, but no less frequently than annually) until the Remaining Guaranteed Withdrawal Amount is exhausted. The Beneficiary's withdrawal rights then come to an end. Currently, there is no minimum dollar amount for the payments; however, we reserve the right to accelerate any payment, in a lump sum, that is less than $500 or if required by applicable tax law (see below). This death benefit will be paid instead of the applicable contractual death benefit or the additional death benefit amount calculated under the LWG II as described above. Otherwise, the provisions of those contractual death benefits will determine the amount of the death benefit. Except as may be required by the Internal Revenue Code, an annual payment will not exceed the Annual Benefit Payment. If your Beneficiary dies while such payments are made, we will continue making the payments to the Beneficiary’s estate unless we have agreed to another payee in writing. If the contract is a Non-Qualified Contract, any death benefit must be paid out over a time period and in a manner that satisfies Section 72(s) of the Internal Revenue Code. If the Owner (or the Annuitant, if the Owner is not a natural person) of a Non-Qualified Contract dies prior to the “annuity starting date” (as defined under the Internal Revenue Code and regulations thereunder), the period over
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which the Remaining Guaranteed Withdrawal Amount is paid as a death benefit cannot exceed the remaining life expectancy of the payee under the appropriate IRS tables. For purposes of the preceding sentence, if the payee is a non-natural person, the Remaining Guaranteed Withdrawal Amount must be paid out within 5 years from the date of death. Payments under this death benefit must begin within 12 months following the date of death.
If the Contract is a Qualified Contract, the tax rules that apply upon your death are similar, but differ in some material respects, from the tax rules for Non-Qualified Contracts. (See “Federal Income Tax Status.”)
We reserve the right to accelerate any payment, in a lump sum, that is less than $500 or to comply with requirements under the Internal Revenue Code (including minimum distribution requirements for IRAs and other Qualified Contracts subject to Section 401(a)(9) of the Internal Revenue Code and Non-Qualified Contracts subject to Section 72(s)). If you terminate the LWG II rider because (1) you make a total withdrawal of your Account Value; (2) your Account Value is insufficient to pay the LWG II rider charge; or (3) the contract Owner dies, except where the Beneficiary or Joint Owner is the spouse of the Owner and the spouse elects to continue the contract, you may not make additional Purchase Payments under the contract.
7.25% Compounding Income Amount. For contracts issued prior to July 13, 2009, on each contract anniversary until the earlier of: (a) the date of the second withdrawal from the contract or (b) the tenth contract anniversary, we increase the Total Guaranteed Withdrawal Amount and the Remaining Guaranteed Withdrawal Amount by an amount equal to 7.25% multiplied by the Total Guaranteed Withdrawal Amount and Remaining Guaranteed Withdrawal Amount before such increase (up to a maximum of $10,000,000). We take the Total Guaranteed Withdrawal Amount and the Remaining Guaranteed Withdrawal Amount as of the last day of the Contract Year to determine the amount subject to the increase. We may also increase the Total Guaranteed Withdrawal Amount and Remaining Guaranteed Withdrawal Amount by the Automatic Annual Step-Up, if that would result in a higher Total Guaranteed Withdrawal Amount and Remaining Guaranteed Withdrawal Amount.
Lifetime Withdrawal Guarantee and Annuitization. Since the Annuity Date at the time you purchase the contract is the later of age 90 of the Annuitant or 10 years from contract issue, you must make an election if you would like to extend your Annuity Date to the latest date permitted (subject to restrictions imposed by your selling firm, and our current established administrative
procedures). If you elect to extend your Annuity Date to the latest date permitted, and that date is reached, your contract must be annuitized (see “Annuity Payments (The Income Phase)”), or you must make a complete withdrawal of your Account Value. Annuitization may provide higher income amounts than the payments under the LWG II rider, depending on the applicable annuity option rates and your Account Value on the Annuity Date.
If you annuitize at the latest date permitted, you must elect one of the following options:
(1)    Annuitize the Account Value under the contract’s annuity provisions.
(2)    If you took withdrawals before age 59 12, and therefore you are not eligible for lifetime withdrawals under the LWG II rider, elect to receive the Annual Benefit Payment paid each year until the Remaining Guaranteed Withdrawal Amount is depleted. These payments will be equal in amount, except for the last payment that will be in an amount necessary to reduce the Remaining Guaranteed Withdrawal Amount to zero.
(3)    If you are eligible for lifetime withdrawals under the LWG II rider, elect to receive the Annual Benefit Payment paid each year until your death (or the later of you and your spousal Beneficiary’s death for the Joint Life version). If you (or you and your spousal Beneficiary for the Joint Life version) die before the Remaining Guaranteed Withdrawal Amount is depleted, your Beneficiaries will continue to receive payments equal to the Annual Benefit Payment each year until the Remaining Guaranteed Withdrawal Amount is depleted. These payments will be equal in amount, except for the last payment that will be in an amount necessary to reduce the Remaining Guaranteed Withdrawal Amount to zero.
If you do not select an Annuity Option or elect to receive payments under the LWG II rider, we will annuitize your contract under the Life Annuity with 10 Years of Annuity Payments Guaranteed Annuity Option. However, if we do, we will adjust your Annuity Payment or the Annuity Option, if necessary, so your aggregate Annuity Payments will not be less than what you would have received under the LWG II rider.
Description of the Lifetime Withdrawal Guarantee I
The Lifetime Withdrawal Guarantee I rider is identical to the Lifetime Withdrawal Guarantee II, with the exceptions described below.
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Total Guaranteed Withdrawal Amount. The maximum Total Guaranteed Withdrawal Amount for the Lifetime Withdrawal Guarantee I rider is $5,000,000. If you elect the Lifetime Withdrawal Guarantee I rider and take an Excess Withdrawal, we will reduce the Total Guaranteed Withdrawal Amount by an amount equal to the difference between the Total Guaranteed Withdrawal Amount after the withdrawal and the Account Value after the withdrawal (if lower). On the other hand, if you elect the LWG II rider and take an Excess Withdrawal, we will reduce the Total Guaranteed Withdrawal Amount in the same proportion that the withdrawal reduces the Account Value.
Remaining Guaranteed Withdrawal Amount. The maximum Remaining Guaranteed Withdrawal Amount for the Lifetime Withdrawal Guarantee I rider is $5,000,000. If you elect the Lifetime Withdrawal Guarantee I rider and take a withdrawal, we will reduce the Remaining Guaranteed Withdrawal Amount by the amount of each withdrawal regardless of whether it is an Excess or Non-Excess withdrawal. However, if the withdrawal is an Excess Withdrawal, then we will additionally reduce the Remaining Guaranteed Withdrawal Amount to equal the difference between the Remaining Guaranteed Withdrawal Amount after the withdrawal and the Account Value after the withdrawal (if lower). On the other hand, if you elect the LWG II rider and take a withdrawal, we will reduce the Remaining Guaranteed Withdrawal Amount by the amount of each withdrawal for withdrawals that are Non-Excess Withdrawals and for Excess Withdrawals, we will reduce the Remaining Guaranteed Withdrawal Amount in the same proportion that the withdrawal reduces the Account Value.
Compounding Income Amount. If you elect the Lifetime Withdrawal Guarantee I rider, on each contract anniversary until the earlier of: (a) the date of the first withdrawal from the contract or (b) the tenth contract anniversary, we increase the Total Guaranteed Withdrawal Amount and the Remaining Guaranteed Withdrawal Amount by an amount equal to 5% multiplied by the Total Guaranteed Withdrawal Amount and Remaining Guaranteed Withdrawal Amount before such increase. We take the Total Guaranteed Withdrawal Amount and the Remaining Guaranteed Withdrawal Amount as of the last day of the Contract Year to determine the amount subject to the increase.
Annual Benefit Payment. Under the Lifetime Withdrawal Guarantee I, the Annual Benefit Payment is set equal to the Total Guaranteed Withdrawal Amount
multiplied by the 5% Withdrawal Rate (there is no 6% Withdrawal Rate for taking later withdrawals).
Automatic Annual Step-Up. If an Automatic Annual Step-Up occurs under the Lifetime Withdrawal Guarantee I rider, we may increase the Lifetime Withdrawal Guarantee I rider charge to the charge applicable to current contract purchases of the same rider at the time of the step-up, but to no more than a maximum of 0.95% (Single Life version) or 1.40% (Joint Life version) of the Total Guaranteed Withdrawal Amount. If your Total Guaranteed Withdrawal Amount is increased due to an Automatic Annual Step-Up on a contract anniversary occurring on July 1, 2012 or later, we currently will increase the rider charge for the Single Life version to 0.80% of the Total Guaranteed Withdrawal Amount, and we will increase the rider charge for the Joint Life version to 1.05% of the Total Guaranteed Withdrawal Amount, applicable after the contract anniversary on which the Automatic Annual Step-Up occurs. Automatic Annual Step-Ups may occur on each contract anniversary prior to the Owner's 86th birthday.
Termination. Termination provision (8) under “Termination of the Lifetime Withdrawal Guarantee II Rider” does not apply to the Lifetime Withdrawal Guarantee I rider.
Rider Charge. The charge for the Lifetime Withdrawal Guarantee I rider is 0.50% (Single Life version) or 0.70% (Joint Life version) of the Total Guaranteed Withdrawal Amount (see “Expenses — Lifetime Withdrawal Guarantee and Guaranteed Withdrawal Benefit — Rider Charge”).
Investment Allocation Restrictions. If you elect the Lifetime Withdrawal Guarantee I rider, you are limited to allocating your Purchase Payments and Account Value among the Fixed Account and the following Investment Portfolios:
the AB Global Dynamic Allocation Portfolio
the American Funds® Balanced Allocation Portfolio
the American Funds® Growth Allocation Portfolio
the American Funds® Moderate Allocation Portfolio
the AQR Global Risk Balanced Portfolio
the BlackRock Global Tactical Strategies Portfolio
the BlackRock Ultra-Short Term Bond Portfolio
the Brighthouse Asset Allocation 20 Portfolio
the Brighthouse Asset Allocation 40 Portfolio
the Brighthouse Asset Allocation 60 Portfolio
the Brighthouse Asset Allocation 80 Portfolio
the Brighthouse Balanced Plus Portfolio
the Invesco Balanced-Risk Allocation Portfolio
the JPMorgan Global Active Allocation Portfolio
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the MetLife Aggregate Bond Index Portfolio
the MetLife Multi-Index Targeted Risk Portfolio
the PanAgora Global Diversified Risk Portfolio
the Schroders Global Multi-Asset Portfolio
the SSGA Growth and Income ETF Portfolio
the SSGA Growth ETF Portfolio
the Western Asset Management Government Income Portfolio
You may also elect to participate in the DCA program, provided that your destination Investment Portfolios are one or more of the above listed Investment Portfolios.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the Lifetime Withdrawal Guarantee I rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB.”
Description of the Enhanced Guaranteed Withdrawal Benefit
Benefit Base. The Guaranteed Withdrawal Amount is the maximum total amount of money that you are guaranteed to receive over time under the Enhanced GWB rider. At issue, the Guaranteed Withdrawal Amount and the Benefit Base are both equal to your initial Purchase Payment plus the GWB Bonus Amount. At any subsequent point in time, the Benefit Base is the remaining amount of money that you are guaranteed to receive through withdrawals under the Enhanced GWB rider. Your Benefit Base will change with each Purchase Payment, or as the result of an Optional Reset. Also, each withdrawal will reduce your Benefit Base. If negative investment performance reduces your Account Value below the Benefit Base, you are still guaranteed to be able to withdraw the entire amount of your Benefit Base.
The Benefit Base is equal to:
Your initial Purchase Payment, increased by the 5% GWB Bonus Amount;
Increased by each subsequent Purchase Payment, and by the 5% GWB Bonus Amount;
Reduced dollar for dollar by Benefits Paid, which are withdrawals and amounts applied to an Annuity Option (currently, you may not apply amounts less than your entire Account Value to an Annuity Option); and
If a Benefit Paid from your contract is not payable to the contract Owner or the contract Owner’s bank
  account (or to the Annuitant or the Annuitant’s bank account, if the Owner is a non-natural person), or results in cumulative Benefits Paid for the current Contract Year exceeding the Annual Benefit Payment, and the resulting Benefit Base exceeds the Account Value, an additional reduction in the Benefit Base will be made. This additional reduction will be equal to the difference between the Benefit Base and your Account Value after the decrease for the Benefits Paid. The Benefit Base will also be reset as a result of an Optional Reset as described below.
(See section E of Appendix D for examples of how withdrawals affect the Benefit Base.)
Annual Benefit Payment. The Annual Benefit Payment is the maximum amount of your Benefit Base you may withdraw each Contract Year without adversely impacting the amount guaranteed to be available to you through withdrawals over time. The initial Annual Benefit Payment is equal to the initial Benefit Base multiplied by the GWB Withdrawal Rate (7%). The Annual Benefit Payment is reset after each subsequent Purchase Payment to the greater of: (1) the Annual Benefit Payment before the subsequent Purchase Payment, and (2) the GWB Withdrawal Rate multiplied by the Benefit Base after the subsequent Purchase Payment. The Annual Benefit Payment will also be reset as a result of an Optional Reset as described below. You can continue to receive annual withdrawals in an amount equal to or less than your Annual Benefit Payment until your Benefit Base is depleted.
Managing Your Withdrawals. It is important that you carefully manage your annual withdrawals. To retain the guarantees of this rider, your annual withdrawals cannot exceed the Annual Benefit Payment each Contract Year. We refer to withdrawals during a Contract Year that exceed the Annual Benefit Payment as Excess Withdrawals. You should not take Excess Withdrawals. If you do take an Excess Withdrawal, or if a withdrawal is not payable to the contract Owner or the contract Owner's bank account (or to the Annuitant or the Annuitant's bank account, if the Owner is a non-natural person), the Annual Benefit Payment will be recalculated and may be reduced. This reduction may be significant. The new Annual Benefit Payment will equal the lower of (1) the Annual Benefit Payment before the withdrawal and (2) your Account Value after the decrease for the withdrawal multiplied by the GWB Withdrawal Rate. Because the GWB rider charge is assessed as a percentage of the Guaranteed Withdrawal Amount, any decrease of the Annual Benefit Payment caused by an Excess
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Withdrawal results in an increase in the cost of the rider relative to the benefits you will receive.
(See sections F and G of Appendix D for examples of how withdrawals and subsequent Purchase Payments affect the Annual Benefit Payment.)
You can always take annual withdrawals less than the Annual Benefit Payment. However, if you choose to receive only a part of, or none of, your Annual Benefit Payment in any given Contract Year, your Annual Benefit Payment is not cumulative and your Benefit Base and Annual Benefit Payment will not increase. For example, if your Annual Benefit Payment is 7% of your Benefit Base and you withdraw only 4% one year, you cannot then withdraw 10% the next year without exceeding your Annual Benefit Payment.
Required Minimum Distributions. For IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code, you may be required to take withdrawals to fulfill minimum distribution requirements generally beginning at age 72 (age 70 12, if you were born or or before June 30, 1949). These required distributions may be larger than your Annual Benefit Payment. If you enroll in the Automated Required Minimum Distribution Program and elect annual withdrawals, after the first Contract Year, we will increase your Annual Benefit Payment to equal your most recently calculated required minimum distribution amount, if such amount is greater than your Annual Benefit Payment. Otherwise, any cumulative withdrawals you make to satisfy your required minimum distribution amount will be treated as Excess Withdrawals if they exceed your Annual Benefit Payment. You must be enrolled only in the Automated Required Minimum Distribution Program to qualify for this increase in the Annual Benefit Payment. You may not be enrolled in any other systematic withdrawal program. The frequency of your withdrawals must be annual. The Automated Required Minimum Distribution Program is based on information relating to this contract only. To enroll in the Automated Required Minimum Distribution Program, please contact our Annuity Service Center.
Guaranteed Withdrawal Amount. We assess the GWB rider charge as a percentage of the Guaranteed Withdrawal Amount, which is initially set at an amount equal to your initial Purchase Payment plus the GWB Bonus Amount. The Guaranteed Withdrawal Amount may increase with subsequent Purchase Payments. In this case, the Guaranteed Withdrawal Amount will be reset equal to the greater of: (1) the Guaranteed Withdrawal Amount
before the Purchase Payment and (2) the Benefit Base after the Purchase Payment. Withdrawals do not decrease the Guaranteed Withdrawal Amount. The Guaranteed Withdrawal Amount will also be reset as a result of an Optional Reset as described below. If your Guaranteed Withdrawal Amount increases, the amount of the Enhanced GWB rider charge we deduct will increase because the rider charge is a percentage of your Guaranteed Withdrawal Amount.
Optional Reset. At any contract anniversary prior to the 86th birthday of the Owner (or older Joint Owner, or Annuitant if the contract is owned by a non-natural person), you may elect an Optional Reset. The purpose of an Optional Reset is to “lock-in” a higher Benefit Base, which may increase the amount of the Annual Benefit Payment and lengthen the period of time over which these withdrawals can be taken. We reserve the right to prohibit an Optional Reset election if we no longer offer this benefit.
An Optional Reset will:
Reset your Guaranteed Withdrawal Amount and Benefit Base equal to the Account Value on the date of the reset;
Reset your Annual Benefit Payment equal to the Account Value on the date of the reset multiplied by the GWB Withdrawal Rate (7%); and
Reset the Enhanced GWB rider charge equal to the then current level we charge for the same rider at the time of the reset, up to the maximum charge of 1.00%.
You may elect either a one-time Optional Reset or Automatic Annual Resets. A one-time Optional Reset is permitted only if: (1) your Account Value is larger than the Benefit Base immediately before the reset, and (2) the reset occurs prior to the 86th birthday of the Owner (or older Joint Owner, or Annuitant if the contract is owned by a non-natural person).
We must receive your request for a one-time Optional Reset in accordance with our administrative procedures (currently we require you to submit your request in writing to our Annuity Service Center) before the applicable contract anniversary. The Optional Reset will take effect on the next contract anniversary following our receipt of your written request.
If you elect Automatic Annual Resets, a reset will occur automatically on any contract anniversary if: (1) your Account Value is larger than the Guaranteed Withdrawal Amount immediately before the reset, and (2) the contract anniversary is prior to the 86th birthday of the Owner (or
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older Joint Owner, or Annuitant if the contract is owned by a non-natural person). The same conditions will apply to each Automatic Annual Reset.
In the event that the charge applicable to contract purchases at the time of the Automatic Annual Reset is higher than your current Enhanced GWB rider charge, we will notify you in writing a minimum of 30 days in advance of the applicable contract anniversary and inform you that you may choose to decline the Automatic Annual Reset. You may discontinue Automatic Annual Resets by notifying us in writing, at our Annuity Service Center (or by any other method acceptable to us), prior to the contract anniversary on which a reset may otherwise occur. If you discontinue the Automatic Annual Resets, no reset will occur automatically on any subsequent contract anniversary unless you make a new election under the terms described above. (If you discontinue Automatic Annual Resets, the Enhanced GWB rider (and the rider charge) will continue, and you may choose to elect a one-time Optional Reset or reinstate Automatic Annual Resets.)
It is possible to elect a one-time Optional Reset when the Account Value is larger than the Benefit Base but smaller than the Guaranteed Withdrawal Amount. (By contrast, an Automatic Annual Reset will never occur if the the Account Value is smaller than the Guaranteed Withdrawal Amount.) If you elect a one-time Optional Reset when the Account Value before the reset was less than the Guaranteed Withdrawal Amount, you would lock in a higher Benefit Base, which would increase the total amount you are guaranteed to receive through withdrawals under the Enhanced GWB rider, and extend the period of time over which you could make those withdrawals. However, you would also decrease the Annual Benefit Payment and the Guaranteed Withdrawal Amount. You should consider electing a one-time Optional Reset when your Account Value is smaller than the Guaranteed Withdrawal Amount only if you are willing to accept the decrease in the Annual Benefit Payment and Guaranteed Withdrawal Amount in return for locking in the higher Benefit Base. Otherwise, you should only elect a one-time Optional Reset when your Account Value is larger than the Guaranteed Withdrawal Amount.
Any benefit of a one-time Optional Reset or Automatic Annual Reset also depends on the current Enhanced GWB rider charge. If the current charge in effect at the time of the reset is higher than the charge you are paying, it may not be beneficial to elect a reset because we will begin applying the higher current charge at the time of the reset (even if a one-time Optional Reset results in a decrease of
your Annual Benefit Payment and/or your Guaranteed Withdrawal Amount).
For contracts issued prior to July 16, 2007, you may elect an Optional Reset beginning with the third contract anniversary (as long as it is prior to the Owner's 86th birthday) and at any subsequent contract anniversary prior to the Owner's 86th birthday as long as it has been at least three years since the last Optional Reset. Automatic Annual Resets are not available.
Cancellation of the Enhanced GWB Rider. You may elect to cancel the Enhanced GWB rider in accordance with our Administrative Procedures (currently we require you to submit your cancellation request in writing to our Annuity Service Center) during the 90-day period following your fifth contract anniversary. Such cancellation will take effect upon our receipt of your request. If cancelled, the Enhanced GWB rider will terminate and we will no longer deduct the Enhanced GWB rider charge. The variable annuity contract, however, will continue. If you cancel the Enhanced GWB rider, you may not re-elect it.
Termination of the Enhanced GWB Rider. The Enhanced GWB rider will terminate upon the earliest of:
(1)    the date you make a full withdrawal of your Account Value;
(2)    the date you apply all of your Account Value to an Annuity Option;
(3)    the date there are insufficient funds to deduct the Enhanced GWB rider charge from your Account Value (whatever Account Value is available will be applied to pay the annual Enhanced GWB rider charge);
(4)    the date we receive due proof of the Owner's death and a Beneficiary claim form, except where the Beneficiary or Joint Owner is the spouse of the Owner and the spouse elects to continue the contract and the spouse is less than 85 years old, or the Annuitant dies if the Owner is a non-natural person; note: (a) if the spouse elects to continue the contract (so long as the spouse is less than 85 years old and the Enhanced GWB rider is in effect at the time of continuation), all terms and conditions of the Enhanced GWB rider will apply to the surviving spouse; and (b) we will not terminate the rider until we receive both due proof of the Owner's death and a Beneficiary claim form (from certain Beneficiaries, such as a trust, we may require additional information, such as the trust document), which means we will continue to deduct the Enhanced GWB rider charge until we receive this information;
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(5)    a change of the Owner or Joint Owner (or the Annuitant, if the Owner is a non-natural person) for any reason (currently we follow our administrative procedures regarding termination for a change of Owner or Joint Owner or Annuitant, if a non-natural person owns the contract);
(6)    the effective date of cancellation of the rider; or
(7)    the termination of your contract.
Additional Information. If you take a full withdrawal of your Account Value and the withdrawal does not exceed the Annual Benefit Payment, or your Account Value is reduced to zero because you do not have a sufficient Account Value to pay the Enhanced GWB rider charge and your Benefit Base after the withdrawal is greater than zero, we will commence making payments to the Owner or Joint Owner (or to the Annuitant if the Owner is a non-natural person) on a monthly basis (or any mutually agreed upon frequency, but not less frequently than annually) until the Benefit Base is exhausted. Your withdrawal rights then come to an end. Currently, there is no minimum dollar amount for the payments; however, we reserve the right to accelerate any payment, in a lump sum, that is less than $500 or if required by applicable tax law (see below). The total annual payments cannot exceed the Annual Benefit Payment, except to the extent required under the Internal Revenue Code. If you or the Joint Owner (or the Annuitant if the Owner is a non-natural person) should die while these payments are being made, your Beneficiary will receive these payments. No other death benefit will be paid.
If the Owner or Joint Owner (or the Annuitant if the Owner is a non-natural person) should die while the Enhanced GWB rider is in effect, your Beneficiary may elect to receive the Benefit Base as a death benefit in lieu of any other contractual death benefits. Otherwise, the provisions of those death benefits will determine the amount of the death benefit and no benefit will be payable under the Enhanced GWB rider.
If the Beneficiary elects the Benefit Base as a death benefit, we will pay the remaining Benefit Base on a monthly basis (or any mutually agreed upon frequency, but no less frequently than annually) until the Benefit Base is exhausted. Except as may be required by the Internal Revenue Code, an annual payment will not exceed the Annual Benefit Payment. If your Beneficiary dies while such payments are made, we will continue making the payments to the Beneficiary's estate unless we have agreed to another payee in writing. If the contract is a Non-Qualified Contract, any death benefit must be paid out over a time period and in a manner that satisfies Section 72(s) of the
Internal Revenue Code. If the Owner (or the Annuitant, if the Owner is not a natural person) of a Non-Qualified Contract dies prior to the “annuity starting date” (as defined under the Internal Revenue Code and regulations thereunder), the period over which the Benefit Base is paid as a death benefit cannot exceed the remaining life expectancy of the payee under the appropriate IRS tables. For purposes of the preceding sentence, if the payee is a non-natural person, the Benefit Base must be paid out within 5 years from the date of death. Payments under this death benefit must begin within 12 months following the date of death.
If the Contract is a Qualified Contract, the tax rules that apply upon your death are similar, but differ in some material respects, from the tax rules for Non-Qualified Contracts. (See “Federal Income Tax Status.”)
We reserve the right to accelerate any payment, in a lump sum, that is less than $500 or to comply with requirements under the Internal Revenue Code (including minimum distribution requirements for IRAs and other Qualified Contracts subject to Section 401(a)(9) of the Internal Revenue Code and Non-Qualified Contracts subject to Section 72(s)). If you terminate the Enhanced GWB rider because (1) you make a total withdrawal of your Account Value; (2) your Account Value is insufficient to pay the Enhanced GWB rider charge; or (3) the contract Owner or Joint Owner (or the Annuitant, if the Owner is a non-natural person) dies, except where the Beneficiary or Joint Owner is the spouse of the Owner and the spouse elects to continue the contract and the spouse is less than 85 years old, you may not make additional Purchase Payments under the contract.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the Enhanced GWB rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB.”
Enhanced GWB and Annuitization. Since the Annuity Date at the time you purchase the contract is the later of age 90 of the Annuitant or 10 years from contract issue, you must make an election if you would like to extend your Annuity Date to the latest date permitted (subject to restrictions imposed by your selling firm, our current established administrative procedures, and applicable state law). If you elect to extend your Annuity Date to the latest date permitted, and that date is reached, your contract must be annuitized (see “Annuity Payments (The Income Phase)”), or you must make a complete withdrawal of your Account Value.
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If you annuitize at the latest date permitted, you must elect one of the following options:
(1)    Annuitize the Account Value under the contract’s annuity provisions.
(2)    Elect to receive the Annual Benefit Payment under the Enhanced GWB rider paid each year until the Benefit Base is depleted. These payments will be equal in amount, except for the last payment that will be in an amount necessary to reduce the Benefit Base to zero.
If you do not select an Annuity Option or elect to receive payments under the Enhanced GWB rider, we will annuitize your contract under the Life Annuity with 10 Years of Annuity Payments Guaranteed Annuity Option. However, if we do, we will adjust your Annuity Payment or the Annuity Option, if necessary, so your aggregate Annuity Payments will not be less than what you would have received under the Enhanced GWB rider.
Description of the Guaranteed Withdrawal Benefit I
The GWB I rider is the same as the Enhanced GWB rider described above with the following differences: (1) there is no favorable treatment of required minimum distributions; (2) the GWB I rider charge continues even if your Benefit Base equals zero; (3) you may only elect the Optional Reset once every five Contract Years instead of every Contract Year; (4) the GWB I rider charge is 0.50% and the maximum GWB I rider charge upon an Optional Reset is 0.95%; and (5) you do not have the ability to cancel the rider following your fifth contract anniversary.
By endorsement, the GWB I rider has been enhanced so that items (1) and (2) above no longer apply and the interval between Optional Resets in item (3) has been decreased to every three Contract Years. You may now elect an Optional Reset under the GWB I starting with the third contract anniversary (as long as it is prior to the Owner's 86th birthday), and you may elect an Optional Reset at any subsequent contract anniversary prior to the Owner's 86th birthday, as long as it has been at least three years since the last Optional Reset.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the GWB I rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB.”
Guaranteed Minimum Accumulation Benefit
The GMAB guarantees that your Account Value will not be less than a minimum amount at the end of a specified number of years (the “Rider Maturity Date”). If your Account Value is less than the minimum guaranteed amount at the Rider Maturity Date, we will apply an additional amount to increase your Account Value so that it is equal to the guaranteed amount.
If you elected the GMAB rider, we required you to allocate your Purchase Payments and all of your Account Value to one of three Investment Portfolios (see the “Original Investment Portfolios” in the table below). No transfers are permitted while this rider is in effect. The Investment Portfolio that you chose at the time you elected the GMAB determines the percentage of Purchase Payments that equals the guaranteed amount. The original Investment Portfolios available at the time you chose the GMAB rider, the percentage of Purchase Payments that determined the guaranteed amount, and the number of years to the Rider Maturity Date for each, are:
Original
Investment Portfolio
  Guaranteed
Amount
(% of Purchase
Payments)
  Years to
Rider
Maturity Date
MetLife Defensive Strategy Portfolio(1)   130%   10 years
MetLife Moderate Strategy Portfolio(2)   120%   10 years
MetLife Balanced Strategy Portfolio(3)   110%   10 years
  
(1)    Effective as of April 28, 2014, the MetLife Defensive Strategy Portfolio of Brighthouse Funds Trust I merged into the Brighthouse Asset Allocation 40 Portfolio of Brighthouse Funds Trust II.
(2)    Effective as of April 28, 2014, the MetLife Moderate Strategy Portfolio of Brighthouse Funds Trust I merged into the Brighthouse Asset Allocation 40 Portfolio of Brighthouse Funds Trust II.
(3)    Effective as of April 28, 2014, the MetLife Balanced Strategy Portfolio of Brighthouse Funds Trust I merged into the Brighthouse Asset Allocation 60 Portfolio of Brighthouse Funds Trust II.
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The Investment Portfolio mergers that occurred on April 28, 2014 did not affect the Guaranteed Amount under the GMAB.
Within a 90 day period after April 28, 2014, contract owners who originally elected the MetLife Moderate Strategy Portfolio of Brighthouse Funds Trust I were permitted to make a one-time transfer of their entire Account Value from the Brighthouse Asset Allocation 40 Portfolio of Brighthouse Funds Trust II to the American Funds® Moderate Allocation Portfolio of Brighthouse Funds Trust I.
For more information about the Investment Portfolios, please see the prospectuses for the Investment Portfolios and the “Investment Portfolio Fees and Expenses” section and Appendix B of this prospectus.
This benefit is intended to protect you against poor investment performance during the Accumulation Phase of your contract. You may not have this benefit and a GMIB or GWB rider or the Enhanced Death Benefit rider in effect at the same time.
Benefit Description. The GMAB rider guarantees that at the Rider Maturity Date, your Account Value will at least be equal to a percentage of the Purchase Payments you made during the first 120 days that you held the contract (the “GMAB Eligibility Period”), less reductions for any withdrawals that you made at any time before the Rider Maturity Date. The percentage of Purchase Payments made that determines the guaranteed amount range from 110% to 130%, depending on the Investment Portfolio you selected. This guaranteed amount is the “Guaranteed Accumulation Amount.” The Guaranteed Accumulation Amount is used only to determine the amount of any benefit payable under the GMAB feature and the amount of the annual charge for the GMAB. There is a maximum Guaranteed Accumulation Amount for your contract that is shown on your contract schedule page (currently $5 million). Purchase Payments made after this maximum Guaranteed Accumulation Amount is reached will not increase the Guaranteed Accumulation Amount above the maximum. However, if you make a withdrawal of Account Value during the GMAB Eligibility Period that reduces the Guaranteed Accumulation Amount below the maximum, then Purchase Payments you make after the withdrawal, and during the GMAB Eligibility Period, will increase the Guaranteed Accumulation Amount until it reaches the maximum. Only Purchase Payments made during the first 120 days that you hold the contract are taken into consideration in determining the Guaranteed Accumulation Amount. If you anticipate making Purchase Payments after 120 days, you should understand that such payments will
not increase the Guaranteed Accumulation Amount. Purchase Payments made after 120 days are added to your Account Value and impact whether or not a benefit is due under the GMAB feature at the Rider Maturity Date.
On your contract's issue date, the Guaranteed Accumulation Amount is equal to a percentage of your initial Purchase Payment. Subsequent Purchase Payments made during the GMAB Eligibility Period increase the Guaranteed Accumulation Amount by the percentage amount of the Purchase Payment (subject to the limit described above) depending on which Investment Portfolio you selected at the time you elected the GMAB. When you make a withdrawal from the contract, the Guaranteed Accumulation Amount is reduced in the same proportion that the amount of the withdrawal bears to the total Account Value.
Example:
Assume your Account Value is $100,000 and your Guaranteed Accumulation Amount is $120,000, prior to making a $10,000 withdrawal from the contract. The withdrawal amount is 10% of the Account Value. Therefore, after the withdrawal, your Account Value would be $90,000 and your Guaranteed Accumulation Amount would be $108,000 (90% of $120,000).
The Guaranteed Accumulation Amount does not represent an amount of money available for withdrawal and is not used to calculate any benefits under the contract prior to the Rider Maturity Date.
At the Rider Maturity Date, after deduction of the annual charge for the GMAB rider, we will compare your contract's Account Value to its Guaranteed Accumulation Amount. If the Account Value is less than the Guaranteed Accumulation Amount, we will contribute to your Account Value the amount needed to make it equal the Guaranteed Accumulation Amount. (This added amount is the “Guaranteed Accumulation Payment.”) The Guaranteed Accumulation Payment is allocated entirely to the Investment Portfolio you have selected.
If your Account Value is greater than or equal to the Guaranteed Accumulation Amount at the Rider Maturity Date, then no Guaranteed Accumulation Payment will be paid into your Account Value. The GMAB rider terminates at the Rider Maturity Date. We will not deduct the GMAB rider charge after that date, and the related investment requirements and restrictions will no longer apply.
If your Account Value is reduced to zero for any reason other than a full withdrawal of the Account Value or application of the entire Account Value to an Annuity
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Option, but your contract has a positive Guaranteed Accumulation Amount remaining, the contract and the GMAB rider will remain in force. No charge for the GMAB rider will be deducted or accrue while there is insufficient Account Value to cover the deductions for the charge. At the Rider Maturity Date, the Guaranteed Accumulation Payment will be paid into the Account Value.
Purchase Payments made after the 120 day GMAB Eligibility Period may have a significant impact on whether or not a Guaranteed Accumulation Payment is due at the Rider Maturity Date. Even if Purchase Payments made during the 120 day GMAB Eligibility Period lose significant value, if the Account Value, which includes all Purchase Payments, is equal to or greater than the Guaranteed Accumulation Amount, which is a percentage of your Purchase Payments made during the 120 day period, then no Guaranteed Accumulation Payment is made. Therefore, the GMAB rider may not be appropriate for you if you intend to make additional Purchase Payments after the GMAB Eligibility Period.
Example:
Assume that you made one $10,000 Purchase Payment during the 120 day GMAB Eligibility Period and you selected the MetLife Balanced Strategy Portfolio (now merged into the Brighthouse Asset Allocation 60 Portfolio). Therefore, the Guaranteed Accumulation Amount is $11,000 (110% of your $10,000 Purchase Payment). Assume that at the Rider Maturity Date, your Account Value is $0. The Guaranteed Accumulation Payment is $11,000 ($11,000 - $0 = $11,000).
In contrast, assume that you made one $10,000 Purchase Payment during the 120 day GMAB Eligibility Period and you selected the MetLife Balanced Strategy Portfolio. Therefore, the Guaranteed Accumulation Amount is $11,000. Also assume that on the day before the Rider Maturity Date your Account Value is $0. Assume that you decide to make one Purchase Payment on the day before the Rider Maturity Date of $11,000. At the Rider Maturity Date, assume there has not been any positive or negative investment experience for the one day between your Purchase Payment and the Rider Maturity Date. Consequently, your Account Value is $11,000. We would not pay a Guaranteed Accumulation Payment because the Account Value of $11,000 is equal to the Guaranteed Accumulation Amount of $11,000 ($11,000 - $11,000 = $0).
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the
GMAB rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments for GMIB I, GMIB Plus I, GWB I, Enhanced GWB, Lifetime Withdrawal Guarantee I, and GMAB.”
Rider Termination. The GMAB rider will terminate at the earliest of: (1) the Rider Maturity Date; (2) the date you surrender the contract; (3) the date you cancel the GMAB rider, as described below; (4) the date you apply all of your Account Value to an Annuity Option; and (5) the date of death of the Owner or Joint Owner (or Annuitant if the Owner is a non-natural person), unless the Beneficiary is the spouse of the Owner and elects to continue the contract under the spousal continuation provisions of the contract.
Once the rider is terminated, the GMAB rider charge will no longer be deducted and the related investment requirements and limitations will no longer apply. If the rider is terminated before the Rider Maturity Date, the Guaranteed Accumulation Payment will not be paid.
Cancellation. You have a one-time right to cancel this optional benefit to take effect on your fifth contract anniversary. We must receive your request in writing within the 90-day period after your fifth contract anniversary. Such cancellation will take effect upon our receipt of your request. Once you have cancelled the GMAB rider, you will no longer be eligible to receive the Guaranteed Accumulation Payment or be bound by the investment requirements and restrictions, and we will no longer deduct the charge for this rider.
GMAB and Decedent Contracts. If you are purchasing this contract with a nontaxable transfer of the death benefit proceeds of any annuity contract or IRA (or any other tax-qualified arrangement) of which you were the Beneficiary and you are “stretching” the distributions under the IRS required distribution rules, you may not purchase the GMAB rider. Upon your death, however, any remaining benefits may need to be accelerated to comply with IRS rules.
PERFORMANCE
We periodically advertise subaccount performance relating to the Investment Portfolios. We will calculate performance by determining the percentage change in the value of an Accumulation Unit by dividing the increase (decrease) for that unit by the value of the Accumulation Unit at the beginning of the period. This performance number reflects the deduction of the Separate Account product charges (including certain death benefit rider charges) and the Investment Portfolio expenses. It does not reflect the deduction of any applicable account fee or applicable
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optional rider charges. The deduction of these charges would reduce the percentage increase or make greater any percentage decrease. Any advertisement will also include total return figures which reflect the deduction of the Separate Account product charges (including certain death benefit rider charges), account fee, applicable optional rider charges, and the Investment Portfolio expenses.
For periods starting prior to the date the contract was first offered, the performance will be based on the historical performance of the corresponding Investment Portfolios for the periods commencing from the date on which the particular Investment Portfolio was made available through the Separate Account.
In addition, the performance for the Investment Portfolios may be shown for the period commencing from the inception date of the Investment Portfolios. These figures should not be interpreted to reflect actual historical performance of the Separate Account.
We may, from time to time, include in our advertising and sales materials performance information for funds or investment accounts related to the Investment Portfolios and/or their investment advisers or subadvisers. Such related performance information also may reflect the deduction of certain contract charges. We may also include in our advertising and sales materials tax deferred compounding charts and other hypothetical illustrations, which may include comparisons of currently taxable and tax deferred investment programs, based on selected tax brackets.
We may advertise the living benefit and death benefit riders using illustrations showing how the benefit works with historical performance of specific Investment Portfolios or with a hypothetical rate of return (which rate will not exceed 12%) or a combination of historical and hypothetical returns. These illustrations will reflect the deduction of all applicable charges including the portfolio expenses of the underlying Investment Portfolios.
You should know that for any performance we illustrate, future performance will vary and results shown are not necessarily representative of future results.
DEATH BENEFIT
Upon Your Death
If you die during the Accumulation Phase, we will pay a death benefit to your Beneficiary (or Beneficiaries). If you die during the Income Phase (after you begin receiving Annuity Payments), there is no death benefit; however, depending on the Annuity Option you elect, any remaining
guarantee may be paid to your Beneficiary (or Beneficiaries) (see “Annuity Payments (The Income Phase)” for more information).
The Principal Protection is the standard death benefit for your contract. At the time you purchase the contract, depending on availability in your state, you can select the optional Annual Step-Up Death Benefit rider, the Compounded-Plus Death Benefit rider, the EDB Max I rider, the Enhanced Death Benefit II rider, or the Enhanced Death Benefit I rider. You can also select the Additional Death Benefit — Earnings Preservation Benefit, unless you select the EDB Max I or Enhanced Death Benefit II riders. If you are 80 years old or older at the effective date of your contract, you are not eligible to select the Annual Step-Up Death Benefit rider, the Compounded-Plus Death Benefit rider or the Earnings Preservation Benefit. If you are 76 years old or older at the effective date of your contract, you are not eligible to select the EDB Max I rider, the Enhanced Death Benefit II rider, or the Enhanced Death Benefit I rider.
The death benefits are described below. There may be versions of each rider that vary by issue date and state availability. In addition, a version of a rider may become available (or unavailable) in different states at different times. Please check with your financial representative regarding which version(s) are available in your state. If you have already been issued a contract, please check your contract and riders for the specific provisions applicable to you.
The death benefit is determined as of the end of the Business Day on which we receive both due proof of death and an election for the payment method. Until the Beneficiary (or the first Beneficiary if there are multiple Beneficiaries) submits the necessary documentation in Good Order, the Account Value attributable to his/her portion of the death benefit remains in the Investment Portfolios and is subject to investment risk.
Where there are multiple Beneficiaries, any guaranteed death benefit will only be determined as of the time the first Beneficiary submits the necessary documentation in Good Order. If the guaranteed death benefit payable is an amount that exceeds the Account Value on the day it is determined, we will apply to the contract's Account Value an amount equal to the difference between the death benefit payable and the Account Value, in accordance with the current allocation of the Account Value. The remaining death benefit amounts are held in the Investment Portfolios until each of the other Beneficiaries submits the necessary documentation in Good Order to claim his/her death
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benefit and are subject to investment risk until we receive his/her necessary documentation.
If you have a Joint Owner, the death benefit will be paid when the first Owner dies. Upon the death of either Owner, the surviving Joint Owner will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary, unless instructed otherwise.
If a non-natural person owns the contract, the Annuitant will be deemed to be the Owner in determining the death benefit. If there are Joint Owners, the age of the older Owner will be used to determine the death benefit amount.
If we are presented with notification of your death before any requested transaction is completed (including transactions under a dollar cost averaging program, the Automatic Rebalancing Program, the Systematic Withdrawal Program, or the Automated Required Minimum Distribution Program), we will cancel the request. As described above, the death benefit will be determined when we receive both due proof of death and an election for the payment method.
Enhanced Death Benefit and Decedent Contracts
If you are purchasing this contract with a nontaxable transfer of the death benefit proceeds of any annuity contract or IRA (or any other tax-qualified arrangement) of which you were the Beneficiary and you are “stretching” the distributions under the IRS required distribution rules, you may not purchase an Enhanced Death Benefit rider. Upon your death, however, any remaining benefits may need to be accelerated to comply with IRS rules.
Standard Death Benefit — Principal Protection
The death benefit will be the greater of:
(1)    the Account Value; or
(2)    total Purchase Payments, reduced proportionately by the percentage reduction in Account Value attributable to each partial withdrawal.
If the Owner is a natural person and the Owner is changed to someone other than a spouse, the death benefit amount will be determined as defined above; however, subsection (2) will be changed to provide as follows: “the Account Value as of the effective date of the change of Owner, increased by Purchase Payments received after the date of the change of Owner, reduced proportionately by the percentage reduction in Account Value attributable to each partial withdrawal made after such date.”
In the event that a Beneficiary who is the spouse of the Owner elects to continue the contract in his or her name
after the Owner dies, the death benefit amount will be determined in accordance with (1) or (2) above.
(See Appendix E for examples of the Principal Protection death benefit rider.)
Optional Death Benefit — Annual Step-Up
You may select the Annual Step-Up death benefit rider if you are age 79 or younger at the effective date of your contract.
If you select the Annual Step-Up death benefit rider, the death benefit will be the greatest of:
(1)    the Account Value; or
(2)    total Purchase Payments, reduced proportionately by the percentage reduction in Account Value attributable to each partial withdrawal; or
(3)    the highest anniversary value, as defined below.
On the date we issue your contract, the highest anniversary value is equal to your initial Purchase Payment. Thereafter, the highest anniversary value (as recalculated) will be increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent partial withdrawal. On each contract anniversary prior to your 81st birthday, the highest anniversary value will be recalculated and set equal to the greater of the highest anniversary value before the recalculation or the Account Value on the date of the recalculation.
If the Owner is a natural person and the Owner is changed to someone other than a spouse, the death benefit is equal to the greatest of (1), (2) or (3);however, for purposes of calculating (2) and (3) above:
Subsection (2) is changed to provide:“The Account Value as of the effective date of the change of Owner, increased by Purchase Payments received after the date of change of Owner, and reduced proportionately by the percentage reduction in Account Value attributable to each partial withdrawal made after such date.”
For subsection (3), the highest anniversary value will be recalculated to equal your Account Value as of the effective date of the change of Owner. Thereafter, the highest anniversary value (as recalculated) will be increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent partial withdrawal. On each contract anniversary prior to the Owner's 81st birthday, the highest anniversary value will be recalculated and set equal to the greater of the
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  highest anniversary value before the recalculation or the Account Value on the date of the recalculation.
In the event that a Beneficiary who is the spouse of the Owner elects to continue the contract in his or her name after the Owner dies, the death benefit is equal to the greatest of (1), (2) or (3).
(See Appendix E for examples of the Annual Step-Up death benefit rider.)
Optional Death Benefit — EDB Max I
In states where approved, you may select the EDB Max I rider (subject to investment allocation restrictions) if you are age 75 or younger at the effective date of your contract and you either (a) have not elected any living benefit rider or (b) have elected the GMIB Max I rider. If you select the EDB Max I rider, you may not select the Additional Death Benefit — Earnings Preservation Benefit. The Enhanced Death Benefit (EDB) riders are referred to in your contract and rider as the “Guaranteed Minimum Death Benefit” or GMDB.
Description of EDB Max I. If you select the EDB Max I, the amount of the death benefit will be the greater of:
(1)    the Account Value; or
(2)    the Death Benefit Base.
The Death Benefit Base provides protection against adverse investment experience. It guarantees that the death benefit will not be less than the greater of: (1) the highest Account Value on any anniversary (adjusted for withdrawals), or (2) the amount of your initial investment (adjusted for withdrawals), accumulated at 6% per year.
The Death Benefit Base is the greater of (a) or (b) below:
(a)    Highest Anniversary Value: On the date we issue your contract, the Highest Anniversary Value is equal to your initial Purchase Payment. Thereafter, the Highest Anniversary Value will be increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each partial withdrawal. The percentage reduction in Account Value is the dollar amount of the withdrawal divided by the Account Value immediately preceding such withdrawal. On each contract anniversary prior to your 81st birthday, the Highest Anniversary Value will be recalculated to equal the greater of the Highest Anniversary Value before the recalculation or the Account Value on the date of the recalculation.
(b)    Annual Increase Amount: On the date we issue your contract, the Annual Increase Amount is equal to your initial Purchase Payment. All Purchase Payments received within 120 days of the date we issue your contract will be treated as part of the initial Purchase Payment for this purpose. Thereafter, the Annual Increase Amount is equal to (i) less (ii), where:
(i)    is Purchase Payments accumulated at the annual increase rate (as defined below) from the date the Purchase Payment is made; and
(ii)    is withdrawal adjustments (as defined below) accumulated at the annual increase rate.
The Highest Anniversary Value and Annual Increase Amount are calculated independently of each other. When the Highest Anniversary Value is recalculated and set equal to the Account Value, the Annual Increase Amount is not set equal to the Account Value. See “Optional Step-Up” below for a feature that can be used to reset the Annual Increase Amount to the Account Value.
Annual Increase Rate. As noted above, we calculate a Death Benefit Base under the EDB Max I rider that helps determine the amount of the death benefit. One of the factors used in calculating the Death Benefit Base is called the “annual increase rate.”
Through the contract anniversary immediately prior to the Owner’s 91st birthday,the annual increase rate is the greater of:
(a)    6%; or
(b)    the required minimum distribution rate (as defined below).
Item (b) only applies to IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code.
The required minimum distribution rate equals the greater of:
(1)    the required minimum distribution amount for the previous calendar year or for this calendar year (whichever is greater), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year;
(2a)    if you enroll only in the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under the Automated Required Minimum Distribution
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Program, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year; or
(2b)    if you enroll in both the Systematic Withdrawal Program and the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under (I) the Systematic Withdrawal Program (up to a maximum of 6% (item (a) above) of the Annual Increase Amount at the beginning of the Contract Year) and (II) the Automated Required Minimum Distribution Program (which can be used to pay out any amount above the Systematic Withdrawal Program withdrawals that must be withdrawn to fulfill minimum distribution requirements at the end of the calendar year), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year.
On the first contract anniversary, “at the beginning of the Contract Year” means on the issue date; on a later contract anniversary, “at the beginning of the Contract Year” means on the prior contract anniversary. All Purchase Payments received within 120 days of the issue date are treated as part of the initial Purchase Payment for this purpose, and therefore are included in the Annual Increase Amount on the issue date, instead of being treated as subsequent Purchase Payments (see “Description of EDB Max I Death Benefit Base”).
See “Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With EDB Max I” below for more information on the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program.
If item (b) above (the required minimum distribution rate) is greater than item (a) above, and your total withdrawals during a Contract Year, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year, exceed the required minimum distribution rate, the required minimum distribution rate is not used to calculate the annual increase rate, and the annual increase rate will be reduced to 6% (item (a) above). Therefore, the annual increase rate for that Contract Year will be lower than the required minimum distribution rate, which could have the
effect of reducing the value of the death benefit under the Enhanced Death Benefit rider.
After the contract anniversary immediately prior to the Owner’s 91st birthday, the annual increase rate is 0%.
Withdrawal Adjustments. Withdrawal adjustments in a Contract Year are determined according to (a) or (b):
(a)    The withdrawal adjustment for each withdrawal in a Contract Year is the value of the Annual Increase Amount immediately prior to the withdrawal multiplied by the percentage reduction in Account Value attributable to that partial withdrawal; or
(b)    (1) if total withdrawals in a Contract Year are not greater than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year; (2) if the withdrawals occur before the contract anniversary immediately prior to your 91st birthday; and (3) if these withdrawals are payable to the Owner (or the Annuitant, if the Owner is a non-natural person) or to another payee we agree to, the total withdrawal adjustments for that Contract Year will be set equal to the dollar amount of total withdrawals in that Contract Year. These withdrawal adjustments will replace the withdrawal adjustments defined in (a) immediately above and will be treated as though the corresponding withdrawals occurred at the end of that Contract Year.
As described in (a) immediately above, if in any Contract Year you take cumulative withdrawals that exceed the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year, the Annual Increase Amount will be reduced in the same proportion that the entire withdrawal reduced the Account Value. This reduction may be significant, particularly when the Account Value is lower than the Annual Increase Amount, and could have the effect of reducing or eliminating the value of the death benefit under the Enhanced Death Benefit rider. Complying with the three conditions described in (b) immediately above (including limiting your cumulative withdrawals during a Contract Year to not more than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year) will result in dollar-for-dollar treatment of the withdrawals.
The Highest Anniversary Value does not change after the contract anniversary immediately preceding the Owner’s 81st birthday, except that it is increased for each subsequent Purchase Payment and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent withdrawal. The Annual Increase
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Amount does not change after the contract anniversary immediately preceding the Owner’s 91st birthday, except that it is increased for each subsequent Purchase Payment and reduced by the withdrawal adjustments described above.
(See Appendix E for examples of the calculation of the Death Benefit Base, including the Highest Anniversary Value, the Annual Increase Amount, the annual increase rate, and the withdrawal adjustments.)
Taxes. Withdrawals of taxable amounts will be subject to ordinary income tax and, if made prior to age 59 12, a 10% federal tax penalty may apply.
Optional Step-Up. On each contract anniversary as permitted, you may elect to reset the Annual Increase Amount to the Account Value. An Optional Step-Up may be beneficial if your Account Value has grown at a rate above the annual increase rate on the Annual Increase Amount (6%). As described below, an Optional Step-Up resets the Annual Increase Amount to the Account Value. After an Optional Step-Up, the annual increase rate will be applied to the new, higher Annual Increase Amount and therefore the amount that may be withdrawn without reducing the Annual Increase Amount on a proportionate basis will increase. However, if you elect to reset the Annual Increase Amount, we may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
An Optional Step-Up is permitted only if: (1) the Account Value exceeds the Annual Increase Amount immediately before the Optional Step-Up; and (2) the Owner (or older Joint Owner, or Annuitant if the contract is owned by a non-natural person) is not older than age 80 on the date of the Optional Step-Up. If your contract has both a GMIB rider and an Enhanced Death Benefit rider, and you would like to elect an Optional Step-Up, you must elect an Optional Step-Up for both riders. You may not elect an Optional Step-Up for only one of the two riders. Upon the Optional Step-Up, we may reset the rider charge, as described above, on one or both riders.
You may elect either: (1) a one-time Optional Step-Up at any contract anniversary provided the above requirements are met, or (2) Optional Step-Ups to occur under the Automatic Annual Step-Up. If you elect Automatic Annual Step-Ups, on any contract anniversary while this election is in effect, the Annual Increase Amount will reset to the
Account Value automatically, provided the above requirements are met. The same conditions described above will apply to each Automatic Step-Up. You may discontinue this election at any time by notifying us in writing, at our Annuity Service Center (or by any other method acceptable to us), at least 30 days prior to the contract anniversary on which an Optional Step-Up may otherwise occur. Otherwise, it will remain in effect through the seventh contract anniversary following the date you make this election, at which point you must make a new election if you want Automatic Annual Step-Ups to continue. If you discontinue or do not re-elect the Automatic Annual Step-Ups, no Optional Step-Up will occur automatically on any subsequent contract anniversary unless you make a new election under the terms described above. (If you discontinue Automatic Annual Step-Ups, the rider (and the rider charge) will continue, and you may choose to elect a one time Optional Step-Up or reinstate Automatic Annual Step-Ups as described above.)
We must receive your request to exercise the Optional Step-Up in writing, at our Annuity Service Center, or any other method acceptable to us. We must receive your request prior to the contract anniversary for an Optional Step-Up to occur on that contract anniversary.
The Optional Step-Up:
(1)    resets the Annual Increase Amount to the Account Value on the contract anniversary following the receipt of an Optional Step-Up election; and
(2)    may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
In the event that the charge applicable to contract purchases at the time of the step-up is higher than your current rider charge, you will be notified in writing a minimum of 30 days in advance of the applicable contract anniversary and be informed that you may choose to decline the Automatic Annual Step-Up. If you decline the Automatic Annual Step-Up, you must notify us in accordance with our Administrative Procedures (currently we require you to submit your request in writing to our Annuity Service Center no less than seven calendar days prior to the applicable contract anniversary). Once you notify us of your decision to decline the Automatic Annual Step-Up, you will no longer be eligible for future Automatic
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Annual Step-Ups until you notify us in writing to our Annuity Service Center that you wish to reinstate the Automatic Annual Step-Ups. This reinstatement will take effect at the next contract anniversary after we receive your request for reinstatement.
On the date of the Optional Step-Up, the Account Value on that day will be treated as a single Purchase Payment received on the date of the step-up for purposes of determining the Annual Increase Amount after the step-up. All Purchase Payments and withdrawal adjustments previously used to calculate the Annual Increase Amount will be set equal to zero on the date of the Optional Step-Up.
Investment Allocation Restrictions. For a detailed description of the EDB Max I investment allocation restrictions, see “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I.”
If you elect the EDB Max I, you may not participate in the Dollar Cost Averaging (DCA) program.
If you elect the EDB Max I rider, you must allocate 100% of your Purchase Payments and Account Value among the Investment Portfolios listed in “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I,” and you will not be able to allocate Purchase Payments or Account Value to the Fixed Account or to an ultra-short term bond portfolio.
Restrictions on Investment Allocations If the EDB Max I Rider Terminates. If the EDB Max I rider terminates (see “Terminating the EDB Max I Rider”), or if you elected both the GMIB Max I rider and the EDB Max I rider and both riders terminate, the investment allocation restrictions described above will no longer apply and you will be permitted to allocate subsequent Purchase Payments or transfer Account Value to any of the available Investment Portfolios, but not to the Fixed Account. However, if you elected both the GMIB Max I rider and the EDB Max I rider, and only the GMIB Max I rider has terminated, the investment allocation restrictions described above under “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I” will continue to apply.
Potential Restrictions on Subsequent Purchase Payments for EDB Max I. In the future, we may choose not to permit Owners of existing contracts with the EDB Max I rider to make subsequent Purchase Payments if: (a) the EDB Max I rider is no longer available to new customers, or (b) we make certain changes to the terms of the EDB Max I rider offered to new customers (for
example, if we change the EDB Max I rider charge; see your contract schedule for a list of the other changes). We will notify Owners of contracts with the EDB Max I rider in advance if we impose restrictions on subsequent Purchase Payments. If we impose restrictions on subsequent Purchase Payments, contract Owners will still be permitted to transfer Account Value among the Investment Portfolios listed under “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Max I and EDB Max I.”
Current Restrictions on Subsequent Purchase Payments for EDB Max I
If we received your application and necessary information, in Good Order, at our Annuity Service Center before the close of the New York Stock Exchange on September 23, 2011, and you elected the EDB Max I rider, we will not accept subsequent Purchase Payments from you after the close of the New York Stock Exchange on August 9, 2013. However, we will accept a subsequent Purchase Payment received after August 9, 2013 if the Purchase Payment was initiated by paperwork for a direct transfer or an exchange under Section 1035 of the Internal Revenue Code that we accepted, and which was received by our Annuity Service Center in Good Order, before the close of the New York Stock Exchange on August 9, 2013.
If we received your application and necessary information, in Good Order, at our Annuity Service Center after the close of the New York Stock Exchange on September 23, 2011 and on or before October 7, 2011, and you elected the EDB Max I rider, we will not accept subsequent Purchase Payments from you after the close of the New York Stock Exchange on February 24, 2012. However, we will accept a subsequent Purchase Payment received after February 24, 2012 if the Purchase Payment was initiated by paperwork for a direct transfer or an exchange under Section 1035 of the Internal Revenue Code that we accepted, and which was received by our Annuity Service Center in Good Order, before the close of the New York Stock Exchange on February 24, 2012.
If we have imposed restrictions on subsequent Purchase Payments on your contract, we will permit you to make a subsequent Purchase Payment when either of the following conditions apply to your contract: (a) your Account Value is below the minimum described in the “Purchase — Termination for Low Account Value” section
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of the prospectus; or (b) the rider charge is greater than your Account Value.
Terminating the EDB Max I Rider. The rider will terminate upon the earliest of:
a)    The date you make a total withdrawal of your Account Value(a pro rata portion of the rider charge will be assessed);
b)    The date there are insufficient funds to deduct the rider charge from your Account Value;
c)    The date you elect to receive Annuity Payments under the contract (a pro rata portion of the rider charge will be assessed);
d)    A change of the Owner or Joint Owner (or Annuitant if the Owner is a non-natural person), subject to our administrative procedures (a pro rata portion of the rider charge will be assessed);
e)    The date you assign your contract (a pro rata portion of the rider charge will be assessed);
f)    The date the death benefit amount is determined (excluding the determination of the death benefit amount under the spousal continuation option); or
g)    Termination of the contract to which this rider is attached.
Under our current administrative procedures, we will waive the termination of the EDB Max I if you assign a portion of the contract under the following limited circumstances: if the assignment is solely for your benefit on account of your direct transfer of Account Value under Section 1035 of the Internal Revenue Code to fund premiums for a long term care insurance policy or Purchase Payments for an annuity contract issued by an insurance company which is not our affiliate and which is licensed to conduct business in any state.
The EDB Max I Rider and Annuitization. Since the Annuity Date at the time you purchase the contract is the later of age 90 of the Annuitant or 10 years from contract issue, you must make an election if you would like to extend your Annuity Date to the latest date permitted (subject to restrictions that may apply in your state, restrictions imposed by your selling firm, and our current established administrative procedures). If you elect to extend your Annuity Date to the latest date permitted, and that date is reached, your contract must be annuitized (see “Annuity Payments (The Income Phase)”), or you must make a complete withdrawal of your Account Value. Generally, once your contract is annuitized, you are ineligible to receive the death benefit selected. However, for
contracts purchased with an EDB Max I rider, if you annuitize at the latest date permitted,you must elect one of the following options:
(1)    Annuitize the Account Value under the contract’s annuity provisions; or
(2)    Elect to receive annuity payments determined by applying the Death Benefit Base to the greater of the guaranteed Annuity Option rates for this contract at the time of purchase or the current Annuity Option rates applicable to this class of contract. If you die before the complete return of the Death Benefit Base, your Beneficiary will receive a lump sum equal to the death benefit determined at annuitization less Annuity Payments already paid to the Owner.
If you fail to select one of the above options, we will annuitize your contract under the Life Annuity with 10 Years of Annuity Payments Guaranteed Annuity Option, unless the payment under option (2) above is greater, in which case we will apply option (2) to your contract.
(See Appendix E for examples of the Enhanced Death Benefit.)
Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With EDB Max I
For IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code, you may be required to take withdrawals to fulfill minimum distribution requirements generally beginning at age 72 (age 70 12, if you were born on or before June 30, 1949).
Used with the EDB Max I rider, our Automated Required Minimum Distribution Program can help you fulfill minimum distribution requirements with respect to your contract without reducing the Death Benefit Base on a proportionate basis. (Reducing the Death Benefit Base on a proportionate basis could have the effect of reducing or eliminating the value of the death benefit provided by the EDB Max I rider.) The Automated Required Minimum Distribution Program calculates minimum distribution requirements with respect to your contract and makes payments to you on a monthly, quarterly, semi-annual or annual basis.
Alternatively, you may choose to enroll in both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program (see “Access to Your Money Systematic Withdrawal Program”). In order to avoid taking withdrawals that could reduce the Death Benefit Base on a proportionate basis, withdrawals under the Systematic Withdrawal Program should not exceed 6%
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of the Annual Increase Amount at the beginning of the Contract Year with the EDB Max I. Any amounts above 6% of the Annual Increase Amount that need to be withdrawn to fulfill minimum distribution requirements can be paid out at the end of the calendar year by the Automated Required Minimum Distribution Program. For example, if you elect EDB Max I, enroll in the Systematic Withdrawal Program, and elect to receive monthly payments totaling 6% of the Annual Increase Amount, you should also enroll in the Automated Required Minimum Distribution Program and elect to receive your Automated Required Minimum Distribution Program payment on an annual basis, after the Systematic Withdrawal Program monthly payment in December.
If you enroll in either the Automated Required Minimum Distribution Program or both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program, you should not make additional withdrawals outside the programs. Additional withdrawals may result in the Death Benefit Base being reduced on a proportionate basis, and have the effect of reducing or eliminating the value of the death benefit provided by the EDB Max I rider.
To enroll in the Automated Required Minimum Distribution Program and/or the Systematic Withdrawal Program, please contact our Annuity Service Center.
Optional Death Benefit — Enhanced Death Benefit II
In states where approved, you may select the Enhanced Death Benefit II (EDB II) rider (subject to investment allocation restrictions) if you are age 75 or younger at the effective date of your contract and you either (a) have not elected any living benefit rider or (b) have elected the GMIB Plus III rider. If you select the EDB II rider, you may not select the Additional Death Benefit — Earnings Preservation Benefit. The Enhanced Death Benefit (EDB) riders are referred to in your contract and rider as the “Guaranteed Minimum Death Benefit” or GMDB.
Description of EDB II. If you select the EDB II, the amount of the death benefit will be the greater of:
(1)    the Account Value; or
(2)    the Death Benefit Base.
The Death Benefit Base provides protection against adverse investment experience. It guarantees that the death benefit will not be less than the greater of: (1) the highest Account Value on any anniversary (adjusted for withdrawals), or (2) the amount of your initial investment (adjusted for withdrawals), accumulated at 5% per year.
The Death Benefit Base is the greater of (a) or (b) below:
(a)    Highest Anniversary Value: On the date we issue your contract, the Highest Anniversary Value is equal to your initial Purchase Payment. Thereafter, the Highest Anniversary Value will be increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each partial withdrawal. The percentage reduction in Account Value is the dollar amount of the withdrawal divided by the Account Value immediately preceding such withdrawal. On each contract anniversary prior to your 81st birthday, the Highest Anniversary Value will be recalculated to equal the greater of the Highest Anniversary Value before the recalculation or the Account Value on the date of the recalculation.
(b)    Annual Increase Amount: On the date we issue your contract, the Annual Increase Amount is equal to your initial Purchase Payment. All Purchase Payments received within 120 days of the date we issue your contract will be treated as part of the initial Purchase Payment for this purpose. Thereafter, the Annual Increase Amount is equal to (i) less (ii), where:
(i)    is Purchase Payments accumulated at the annual increase rate(as defined below) from the date the Purchase Payment is made; and
(ii)    is withdrawal adjustments (as defined below) accumulated at the annual increase rate.
The Highest Anniversary Value and Annual Increase Amount are calculated independently of each other. When the Highest Anniversary Value is recalculated and set equal to the Account Value, the Annual Increase Amount is not set equal to the Account Value. See “Optional Step-Up” below for a feature that can be used to reset the Annual Increase Amount to the Account Value.
Annual Increase Rate. As noted above, we calculate a Death Benefit Base under the EDB II rider that helps determine the amount of the death benefit. One of the factors used in calculating the Death Benefit Base is called the “annual increase rate.”
Through the contract anniversary immediately prior to the Owner’s 91st birthday,the annual increase rate is the greater of:
(a)    5%; or
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(b)    the required minimum distribution rate (as defined below).
Item (b) only applies to IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code.
The required minimum distribution rate equals the greater of:
(1)    the required minimum distribution amount for the previous calendar year or for this calendar year (whichever is greater), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year;
(2a)    if you enroll only in the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under the Automated Required Minimum Distribution Program, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year; or
(2b)    if you enroll in both the Systematic Withdrawal Program and the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under (I) the Systematic Withdrawal Program (up to a maximum of 5% (item (a) above) of the Annual Increase Amount at the beginning of the Contract Year) and (II) the Automated Required Minimum Distribution Program (which can be used to pay out any amount above the Systematic Withdrawal Program withdrawals that must be withdrawn to fulfill minimum distribution requirements at the end of the calendar year), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year.
On the first contract anniversary, “at the beginning of the Contract Year” means on the issue date; on a later contract anniversary, “at the beginning of the Contract Year” means on the prior contract anniversary. All Purchase Payments received within 120 days of the issue date are treated as part of the initial Purchase Payment for this purpose, and therefore are included in the Annual Increase Amount on the issue date, instead of being treated as subsequent Purchase Payments (see “Description of EDB II Death Benefit Base Annual Increase Amount”).
See “Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With EDB II” below for more information on the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program.
If item (b) above (the required minimum distribution rate) is greater than item (a) above, and your total withdrawals during a Contract Year, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year, exceed the required minimum distribution rate, the required minimum distribution rate is not used to calculate the annual increase rate, and the annual increase rate will be reduced to 5% (item (a) above). Therefore, the annual increase rate for that Contract Year will be lower than the required minimum distribution rate, which could have the effect of reducing the value of the death benefit under the Enhanced Death Benefit rider.
After the contract anniversary immediately prior to the Owner’s 91st birthday, the annual increase rate is 0%.
Withdrawal Adjustments. Withdrawal adjustments in a Contract Year are determined according to (a) or (b):
(a)    The withdrawal adjustment for each withdrawal in a Contract Year is the value of the Annual Increase Amount immediately prior to the withdrawal multiplied by the percentage reduction in Account Value attributable to that partial withdrawal; or
(b)    (1) if total withdrawals in a Contract Year are not greater than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year; (2) if the withdrawals occur before the contract anniversary immediately prior to your 91st birthday; and (3) if these withdrawals are payable to the Owner (or the Annuitant, if the Owner is a non-natural person) or to another payee we agree to, the total withdrawal adjustments for that Contract Year will be set equal to the dollar amount of total withdrawals in that Contract Year. These withdrawal adjustments will replace the withdrawal adjustments defined in (a) immediately above and will be treated as though the corresponding withdrawals occurred at the end of that Contract Year.
As described in (a) immediately above, if in any Contract Year you take cumulative withdrawals that exceed the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year, the Annual Increase Amount will be reduced in the same proportion that the entire withdrawal reduced the Account Value. This
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reduction may be significant, particularly when the Account Value is lower than the Annual Increase Amount, and could have the effect of reducing or eliminating the value of the death benefit under the Enhanced Death Benefit rider. Complying with the three conditions described in (b) immediately above (including limiting your cumulative withdrawals during a Contract Year to not more than the annual increase rate multiplied by the Annual Increase Amount at the beginning of the Contract Year) will result in dollar-for-dollar treatment of the withdrawals.
The Highest Anniversary Value does not change after the contract anniversary immediately preceding the Owner’s 81st birthday, except that it is increased for each subsequent Purchase Payment and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent withdrawal. The Annual Increase Amount does not change after the contract anniversary immediately preceding the Owner’s 91st birthday, except that it is increased for each subsequent Purchase Payment and reduced by the withdrawal adjustments described above.
(See Appendix E for examples of the calculation of the Death Benefit Base, including the Highest Anniversary Value, the Annual Increase Amount, the annual increase rate, and the withdrawal adjustments.)
Taxes. Withdrawals of taxable amounts will be subject to ordinary income tax and, if made prior to age 59 12, a 10% federal tax penalty may apply.
Optional Step-Up. On each contract anniversary as permitted, you may elect to reset the Annual Increase Amount to the Account Value. An Optional Step-Up may be beneficial if your Account Value has grown at a rate above the annual increase rate on the Annual Increase Amount (5%). As described below, an Optional Step-Up resets the Annual Increase Amount to the Account Value. After an Optional Step-Up, the annual increase rate will be applied to the new, higher Annual Increase Amount and therefore the amount that may be withdrawn without reducing the Annual Increase Amount on a proportionate basis will increase. However, if you elect to reset the Annual Increase Amount, we may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
An Optional Step-Up is permitted only if: (1) the Account Value exceeds the Annual Increase Amount immediately before the Optional Step-Up; and (2) the Owner (or older Joint Owner, or Annuitant if the contract is owned by a non-natural person) is not older than age 80 on the date of the Optional Step-Up. If your contract has both a GMIB rider and an Enhanced Death Benefit rider, and you would like to elect an Optional Step-Up, you must elect an Optional Step-Up for both riders. You may not elect an Optional Step-Up for only one of the two riders. Upon the Optional Step-Up, we may reset the rider charge, as described above, on one or both riders.
You may elect either: (1) a one-time Optional Step-Up at any contract anniversary provided the above requirements are met, or (2) Optional Step-Ups to occur under the Automatic Annual Step-Up. If you elect Automatic Annual Step-Ups, on any contract anniversary while this election is in effect, the Annual Increase Amount will reset to the Account Value automatically, provided the above requirements are met. The same conditions described above will apply to each Automatic Step-Up. You may discontinue this election at any time by notifying us in writing, at our Annuity Service Center (or by any other method acceptable to us), at least 30 days prior to the contract anniversary on which an Optional Step-Up may otherwise occur. Otherwise, it will remain in effect through the seventh contract anniversary following the date you make this election, at which point you must make a new election if you want Automatic Annual Step-Ups to continue. If you discontinue or do not re-elect the Automatic Annual Step-Ups, no Optional Step-Up will occur automatically on any subsequent contract anniversary unless you make a new election under the terms described above. (If you discontinue Automatic Annual Step-Ups, the rider (and the rider charge) will continue, and you may choose to elect a one time Optional Step-Up or reinstate Automatic Annual Step-Ups as described above.)
We must receive your request to exercise the Optional Step-Up in writing, at our Annuity Service Center, or any other method acceptable to us. We must receive your request prior to the contract anniversary for an Optional Step-Up to occur on that contract anniversary.
The Optional Step-Up:
(1)    resets the Annual Increase Amount to the Account Value on the contract anniversary following the receipt of an Optional Step-Up election; and
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(2)    may reset the rider charge to a rate that does not exceed the lower of: (a) the Maximum Optional Step-Up Charge (1.50%) or (b) the current rate that we would charge for the same rider available for new contract purchases at the time of the Optional Step-Up.
In the event that the charge applicable to contract purchases at the time of the step-up is higher than your current rider charge, you will be notified in writing a minimum of 30 days in advance of the applicable contract anniversary and be informed that you may choose to decline the Automatic Annual Step-Up. If you decline the Automatic Annual Step-Up, you must notify us in accordance with our Administrative Procedures (currently we require you to submit your request in writing to our Annuity Service Center no less than seven calendar days prior to the applicable contract anniversary). Once you notify us of your decision to decline the Automatic Annual Step-Up, you will no longer be eligible for future Automatic Annual Step-Ups until you notify us in writing to our Annuity Service Center that you wish to reinstate the Automatic Annual Step-Ups. This reinstatement will take effect at the next contract anniversary after we receive your request for reinstatement.
On the date of the Optional Step-Up, the Account Value on that day will be treated as a single Purchase Payment received on the date of the step-up for purposes of determining the Annual Increase Amount after the step-up. All Purchase Payments and withdrawal adjustments previously used to calculate the Annual Increase Amount will be set equal to zero on the date of the Optional Step-Up.
Investment Allocation Restrictions. For a detailed description of the EDB II investment allocation restrictions, see “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”
If you elect the EDB II, you may not participate in the Dollar Cost Averaging (DCA) program.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the EDB II rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase Payments — GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”
Terminating the EDB II Rider. The rider will terminate upon the earliest of:
a)    The date you make a total withdrawal of your Account Value (a pro rata portion of the rider charge will be assessed);
b)    The date there are insufficient funds to deduct the rider charge from your Account Value;
c)    The date you elect to receive Annuity Payments under the contract (a pro rata portion of the rider charge will be assessed);
d)    A change of the Owner or Joint Owner (or Annuitant if the Owner is a non-natural person), subject to our administrative procedures (a pro rata portion of the rider charge will be assessed);
e)    The date you assign your contract (a pro rata portion of the rider charge will be assessed);
f)    The date the death benefit amount is determined (excluding the determination of the death benefit amount under the spousal continuation option); or
g)    Termination of the contract to which this rider is attached.
Under our current administrative procedures, we will waive the termination of the EDB II if you assign a portion of the contract under the following limited circumstances: if the assignment is solely for your benefit on account of your direct transfer of Account Value under Section 1035 of the Internal Revenue Code to fund premiums for a long term care insurance policy or Purchase Payments for an annuity contract issued by an insurance company which is not our affiliate and which is licensed to conduct business in any state.
The EDB II Rider and Annuitization. Since the Annuity Date at the time you purchase the contract is the later of age 90 of the Annuitant or 10 years from contract issue, you must make an election if you would like to extend your Annuity Date to the latest date permitted (subject to restrictions that may apply in your state, restrictions imposed by your selling firm, and our current established administrative procedures). If you elect to extend your Annuity Date to the latest date permitted, and that date is reached, your contract must be annuitized (see “Annuity Payments (The Income Phase)”), or you must make a complete withdrawal of your Account Value. Generally, once your contract is annuitized, you are ineligible to receive the death benefit selected. However, for contracts purchased with an EDB II rider, if you annuitize
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at the latest date permitted,you must elect one of the following options:
(1)    Annuitize the Account Value under the contract’s annuity provisions; or
(2)    Elect to receive annuity payments determined by applying the Death Benefit Base to the greater of the guaranteed Annuity Option rates for this contract at the time of purchase or the current Annuity Option rates applicable to this class of contract. If you die before the complete return of the Death Benefit Base, your Beneficiary will receive a lump sum equal to the death benefit determined at annuitization less Annuity Payments already paid to the Owner.
If you fail to select one of the above options, we will annuitize your contract under the Life Annuity with 10 Years of Annuity Payments Guaranteed Annuity Option, unless the payment under option (2) above is greater, in which case we will apply option (2) to your contract.
(See Appendix E for examples of the Enhanced Death Benefit.)
Use of Automated Required Minimum Distribution Program and Systematic Withdrawal Program With EDB II
For IRAs and other contracts subject to Section 401(a)(9)of the Internal Revenue Code, you may be required to take withdrawals to fulfill minimum distribution requirements generally beginning at age 72 (age 70 12, if you were born on or before June 30, 1949).
Used with the EDB II rider, our Automated Required Minimum Distribution Program can help you fulfill minimum distribution requirements with respect to your contract without reducing the Death Benefit Base on a proportionate basis. (Reducing the Death Benefit Base on a proportionate basis could have the effect of reducing or eliminating the value of the death benefit provided by the EDB II rider.) The Automated Required Minimum Distribution Program calculates minimum distribution requirements with respect to your contract and makes payments to you on a monthly, quarterly, semi-annual or annual basis.
Alternatively, you may choose to enroll in both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program (see “Access to Your Money Systematic Withdrawal Program”). In order to avoid taking withdrawals that could reduce the Death Benefit Base on a proportionate basis, withdrawals under the Systematic Withdrawal Program should not exceed 5% of the Annual Increase Amount at the beginning of the
Contract Year with the EDB II. Any amounts above 5% of the Annual Increase Amount that need to be withdrawn to fulfill minimum distribution requirements can be paid out at the end of the calendar year by the Automated Required Minimum Distribution Program. For example, if you elect EDB II, enroll in the Systematic Withdrawal Program, and elect to receive monthly payments totaling 5% of the Annual Increase Amount, you should also enroll in the Automated Required Minimum Distribution Program and elect to receive your Automated Required Minimum Distribution Program payment on an annual basis, after the Systematic Withdrawal Program monthly payment in December.
If you enroll in either the Automated Required Minimum Distribution Program or both the Automated Required Minimum Distribution Program and the Systematic Withdrawal Program, you should not make additional withdrawals outside the programs. Additional withdrawals may result in the Death Benefit Base being reduced on a proportionate basis, and have the effect of reducing or eliminating the value of the death benefit provided by the EDB II rider.
To enroll in the Automated Required Minimum Distribution Program and/or the Systematic Withdrawal Program, please contact our Annuity Service Center.
Description of Enhanced Death Benefit I
In states where approved, the Enhanced Death Benefit I was available with contracts issued before July 19, 2010.
EDB I is identical to EDB II, with the following exceptions:
(1)    The EDB I Death Benefit Base and withdrawal adjustments are calculated as described above for EDB II, except that the annual increase rate is 5% per year through the contract anniversary prior to the Owner's 91st birthday and 0% thereafter. Item (b) under “Annual Increase Rate” above (regarding the required minimum distribution rate) does not apply to the calculation of the Death Benefit Base or the withdrawal adjustments under the EDB I rider.
(2)    The rider charges for the EDB I rider are different. See “Expenses — Death Benefit Rider Charges.”
(3)    The Additional Death Benefit — Earnings Preservation Benefit could be elected with the EDB I rider.
Current Restrictions on Subsequent Purchase Payments. Subsequent Purchase Payments under the EDB I rider are restricted as described in “Purchase — Restrictions on Subsequent Purchase
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Payments — GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”
For contracts issued based on applications and necessary information received in Good Order at our Annuity Service Center on or before May 1, 2009, we offered an earlier version of the Enhanced Death Benefit I rider. The earlier version is the same as the Enhanced Death Benefit I rider described above except that: (a) the annual increase rate for the Annual Increase Amount and for withdrawal adjustments is 6%; (b) different investment allocation restrictions apply (see “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II”); and (c) different rider charges apply (see “Expenses — Death Benefit Rider Charges”).
Optional Death Benefit — Compounded-Plus
In states where the Compounded-Plus death benefit rider has been approved and the Enhanced Death Benefit II has not been approved, you may select the Compounded-Plus death benefit rider if you are age 79 or younger at the effective date of your contract. If you select the Compounded-Plus death benefit rider,the death benefit will be the greater of:
(1)    the Account Value; or
(2)    the greater of (a) or (b) below:
(a)    Highest Anniversary Value:On the date we issue your contract, the highest anniversary value is equal to your initial Purchase Payment. Thereafter, the highest anniversary value (as recalculated) will be increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent partial withdrawal. On each contract anniversary prior to your 81st birthday, the highest anniversary value will be recalculated and set equal to the greater of the highest anniversary value before the recalculation or the Account Value on the date of the recalculation.
(b)    Annual Increase Amount: On the date we issue your contract, the annual increase amount is equal to your initial Purchase Payment. Thereafter, the annual increase amount is equal to (i) less (ii), where:
(i) is Purchase Payments accumulated at the annual increase rate. The annual increase rate is 5% per year through the contract
  anniversary immediately prior to your 81st birthday, and 0% per year thereafter; and
(ii) is withdrawal adjustments accumulated at the annual increase rate. A withdrawal adjustment is equal to the value of the annual increase amount immediately prior to a withdrawal multiplied by the percentage reduction in Account Value attributable to that partial withdrawal.
If the Owner is a natural person and the Owner is changed to someone other than a spouse, the death benefit is equal to the greatest of (1) or (2); however, for purposes of calculating the enhanced death benefit under (2) above:
(a)    for the highest anniversary value, the highest anniversary value will be recalculated to equal your Account Value as of the effective date of the Owner change; and
(b)    for the annual increase amount, the current annual increase amount will be reset to equal your Account Value as of the effective date of the Owner change. For purposes of the calculation of the annual increase amount thereafter, the Account Value on the effective date of the Owner change will be treated as the initial Purchase Payment and Purchase Payments received and partial withdrawals taken prior to the change of Owner will not be taken into account.
In the event that a Beneficiary who is the spouse of the Owner elects to continue the contract in his or her name after the Owner dies, the death benefit amount is equal to the greater of (1) or (2).
(See Appendix E for examples of the Compounded-Plus death benefit rider.)
Additional Death Benefit — Earnings Preservation Benefit
You may select the Additional Death Benefit — Earnings Preservation Benefit if you are age 79 or younger at the effective date of your contract. The Earnings Preservation Benefit pays an additional death benefit that is intended to help pay part of the income taxes due at the time of death of the Owner or Joint Owner. In certain situations, this benefit may not be available for qualified plans (check with your financial representative for details). If you select the Earnings Preservation Benefit, you may not select the EDB Max I or Enhanced Death Benefit II rider. (The Earnings Preservation Benefit could be elected with the Enhanced Death Benefit II rider in contracts issued before May 1,
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2011, and with the Enhanced Death Benefit I rider.) The Earnings Preservation Benefit is not available in Washington.
Before the contract anniversary immediately prior to your 81st birthday, the additional death benefit is equal to the “benefit percentage” (determined in accordance with the table below)times the result of (a) - (b), where:
(a) is the death benefit under your contract; and
(b) is total Purchase Payments not withdrawn. For purposes of calculating this value, partial withdrawals are first applied against earnings in the contract, and then against Purchase Payments not withdrawn.
On or after the contract anniversary immediately prior to your 81st birthday, the additional death benefit is equal to the “benefit percentage” (determined in accordance with the table below)times the result of (a) - (b), where:
(a) is the death benefit on the contract anniversary immediately prior to your 81st birthday, increased by subsequent Purchase Payments and reduced proportionately by the percentage reduction in Account Value attributable to each subsequent partial withdrawal; and
(b) is total Purchase Payments not withdrawn. For purposes of calculating this value, partial withdrawals are first applied against earnings in the contract, and then against Purchase Payments not withdrawn.
   
Issue Age Benefit
Percentage
Ages 69 or younger 40%
Ages 70-79 25%
Ages 80 and above 0%
If the Owner is a natural person and the Owner is changed to someone other than a spouse, the additional death benefit is as defined above; however, for the purposes of calculating subsection (b) above “total Purchase Payments not withdrawn” will be reset to equal the Account Value as of the effective date of the Owner change, and Purchase Payments received and partial withdrawals taken prior to the change of Owner will not be taken into account.
In the event that a Beneficiary who is the spouse of the Owner elects to continue the contract in his or her name after the Owner dies, the additional death benefit will be determined and payable upon receipt of due proof of death of the first spousal Beneficiary. Alternatively, the spousal Beneficiary may elect to have the additional death benefit
determined and added to the Account Value upon the election, in which case the additional death benefit rider will terminate (and the corresponding death benefit rider charge will also terminate).
General Death Benefit Provisions
As described above, the death benefit is determined as of the end of the Business Day on which we receive both due proof of death and an election for the payment method. Until a Beneficiary submits the necessary documentation in Good Order, the Account Value attributable to his/her portion of the death benefit remains in the Investment Portfolios and is subject to investment risk. This risk is borne by the Beneficiary.
Please check with your financial representative regarding the availability of the following in your state.
A Beneficiary must elect the death benefit to be paid under one of the payment options (unless the Owner has previously made the election). All options must comply with applicable federal income tax rules. The tax rules are complex and differ for Non-Qualified Contracts and Qualified Contracts. As a general matter, the entire death benefit must be paid within five years (or in some cases 10 years for Qualified Contracts) of the date of death unless the Beneficiary elects to have the death benefit payable under an Annuity Option. Generally, the payments under such an Annuity Option must be paid over the Beneficiary's lifetime or for a period not extending beyond the Beneficiary's life expectancy. For Non-Qualified Contracts, payment must begin within one year of the date of death. For Qualified Contracts, payment must begin no later than the end of the calendar year immediately following the year of death. However, if the Beneficiary under a Qualified Contract is the Annuitant's spouse, the tax law generally allows distributions to begin by the later of the year following the Annuitant’s death or the year in which the Annuitant would have reached age 72 (age 70 12, if the Annuitant was born on or before June 30, 1949).
We may also offer a payment option, subject to the requirements of tax law, for both Non-Qualified Contracts and certain Qualified Contracts, under which your Beneficiary may receive payments, over a period not extending beyond his or her life expectancy, under a method of distribution similar to the distribution of required minimum distributions that are taken as withdrawals from Individual Retirement Accounts. Such payment option may be limited to certain categories of beneficiaries. If this option is elected, we will issue a new contract to your Beneficiary in order to facilitate the distribution of payments. Your Beneficiary may choose any
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optional death benefit available under the new contract. Upon the death of your Beneficiary, the death benefit would be required to be distributed in accordance with applicable tax law requirements. In some cases, this will require that the proceeds be distributed more rapidly than the method of distribution in effect at the time of your Beneficiary's death. (See “Federal Income Tax Status.”) To the extent permitted under the tax law, and in accordance with our procedures, your designated Beneficiary is permitted under our procedures to make additional Purchase Payments consisting of monies which are direct transfers (as permitted under tax law) from other Qualified Contracts or Non-Qualified Contracts, depending on which type of contract you own, held in the name of the decedent. Your Beneficiary is also permitted to choose some of the optional benefits available under the contract, but certain contract provisions or programs may not be available.
If a lump sum payment is elected and all the necessary requirements are met, the payment will be made within 7 days. Payment to the Beneficiary under an Annuity Option may only be elected during the 60 day period beginning with the date we receive due proof of death.
If the Owner or a Joint Owner, who is not the Annuitant, dies during the Income Phase, any remaining payments under the Annuity Option elected will continue at least as rapidly as under the method of distribution in effect at the time of the Owner's death. Upon the death of the Owner or a Joint Owner during the Income Phase, the Beneficiary becomes the Owner.
Spousal Continuation
If the primary Beneficiary is the spouse of the Owner, upon the Owner's death, the Beneficiary may elect to continue the contract in his or her own name to the extent permitted by tax law. Upon such election, the Account Value will be adjusted upward (but not downward) to an amount equal to the death benefit amount determined upon such election and receipt of due proof of death of the Owner. Any excess of the death benefit amount over the Account Value will be allocated to each applicable Investment Portfolio and/or the Fixed Account in the ratio that the Account Value in the Investment Portfolio and/or the Fixed Account bears to the total Account Value. The terms and conditions of the contract that applied prior to the Owner’s death will continue to apply, with certain exceptions described in the contract.
For purposes of the death benefit on the continued contract, the death benefit is calculated in the same manner as it was prior to continuation except that all values used
to calculate the death benefit, which may include a highest anniversary value and/or an annual increase amount (depending on whether you elected an optional death benefit), are reset on the date the spouse continues the contract. If the contract includes both the GMIB Max I and EDB Max I riders, the Annual Increase Amount for the GMIB Max I rider is also reset on the date the spouse continues the contract. If the contract includes both the GMIB Plus III or GMIB Plus II and Enhanced Death Benefit II or Enhanced Death Benefit I riders, the Annual Increase Amount for the GMIB Plus III or GMIB Plus II rider is also reset on the date the spouse continues the contract.
Spousal continuation will not be allowed to the extent it would fail to satisfy minimum required distribution rules for Qualified Contracts (see “Federal Income Tax Status”).
Death of the Annuitant
If the Annuitant, not an Owner or Joint Owner, dies during the Accumulation Phase, you automatically become the Annuitant. You can select a new Annuitant if you do not want to be the Annuitant (subject to our then current underwriting standards). However, if the Owner is a non-natural person (for example, a trust), then the death of the primary Annuitant will be treated as the death of the Owner, and a new Annuitant may not be named.
Upon the death of the Annuitant after Annuity Payments begin, the death benefit, if any, will be as provided for in the Annuity Option selected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant's death, but in all events in accordance with applicable tax law.
Controlled Payout
You may elect to have the death benefit proceeds paid to your Beneficiary in the form of Annuity Payments for life or over a period of time that does not exceed your Beneficiary's life expectancy. This election must be in writing in Good Order. You may revoke the election only in writing in Good Order. Upon your death, the Beneficiary cannot revoke or modify your election. The Controlled Payout is only available to Non-Qualified Contracts.
FEDERAL INCOME TAX STATUS
Introduction
The following information on taxes is a general discussion of the subject. It is not intended as tax advice. The Code and the provisions of the Code that govern the contract are complex and subject to change. The applicability of federal income tax rules may vary with your particular
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circumstances. This discussion does not include all the federal income tax rules that may affect you and your contract. Nor does this discussion address other federal tax consequences (such as estate and gift taxes, sales to foreign individuals or entities), or state or local tax consequences, which may affect your investment in the contract. As a result, you should always consult a tax adviser for complete information and advice applicable to your individual situation.
We are not responsible for determining if your employer’s plan or arrangement satisfies the requirements of the Code and/or the Employee Retirement Income Security Act of 1974 (ERISA).
We do not expect to incur federal, state or local income taxes on the earnings or realized capital gains attributable to the Separate Account. However, if we do incur such taxes in the future, we reserve the right to charge amounts allocated to the Separate Account for these taxes.
To the extent permitted under federal tax law, we may claim the benefit of the corporate dividends received deduction and of certain foreign tax credits attributable to taxes paid by certain of the Investment Portfolios to foreign jurisdictions.
For federal tax purposes, the term “spouse” refers to the person to whom you are lawfully married, regardless of sex. The term “spouse” generally will not include individuals who are in a registered domestic partnership or civil union not denominated as marriage under state or other applicable law.
Non-Qualified Contracts
This discussion assumes the contract is a “non-qualified” annuity contract for federal income tax purposes, that is, a Contract not held in a tax qualified plan. Tax qualified plans include arrangements described in Code Sections 401(a), 401(k), 403(a), 403(b) or tax sheltered annuities (TSA), 408 or “IRAs” (including SEP and SIMPLE IRAs), 408A or “Roth IRAs” and 457(b) plans. Contracts owned through such plans are referred to below as “Qualified Contracts.”
Accumulation
Generally, an Owner of a Non-Qualified Contract is not taxed on increases in the value of the contract until there is a distribution from the contract, i.e. surrender, partial withdrawal, income payment, or commutation. This deferral of taxation on accumulated value in the contract is limited to contracts owned by or held for the benefit of “natural persons.” A contract will be treated as held by a natural person if the nominal Owner is a trust or other
entity which holds the contract as an agent for the exclusive benefit of a natural person.
In contrast, a contract owned by other than a “natural person,” such as a corporation, partnership, trust, or other entity (other than a trust holding the Contract as an agent for a natural person), will be taxed currently on the increase in accumulated value in the contract in the year earned. Note that in this regard, an employer which is the Owner of an annuity contract under a non-qualified deferred compensation arrangement for its employees, or others, is considered a non-natural Owner and any annual increase in the Account Value will be subject to current income taxation.
Surrenders or Withdrawals Early Distribution
If you take a withdrawal from your contract, or surrender your contract prior to the date you commence taking annuity or “income” payments (the “Annuity Starting Date”), the amount you receive will generally be treated first as coming from earnings, if any, (and thus subject to income tax) and then from your Purchase Payments (which are not subject to income tax). If the accumulated value is less than your Purchase Payments upon surrender of your contract, your ability to claim any unrecovered Purchase Payments on your federal income tax return as a miscellaneous itemized deduction is suspended under the 2017 Tax Cuts and Jobs Act effective for tax years beginning after December 31, 2017 and before January 1, 2026.
The portion of any withdrawal from an annuity contract that is subject to income tax will also be subject to a 10% federal income tax penalty for “early” distribution if such withdrawal is taken prior to you reaching age 59 12, unless an exception applies. Exceptions include distributions made:
(a)    on account of your death or disability,
(b)    as part of a series of substantially equal periodic payments made at least annually payable for your life (or life expectancy) or joint lives (or joint life expectancies) of you and your designated Beneficiary, or
(c)    under certain immediate income annuities.
If you receive systematic payments that you intend to qualify for the “substantially equal periodic payments” exception noted above, any modifications (except due to death or disability) to your payment before age 59 12 or within five years after beginning these payments, whichever is later, will result in the retroactive imposition of the 10% federal income tax penalty with interest. Such
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modifications may include but are not limited to additional Purchase Payments to the contract (including tax-free transfers or rollovers) and additional withdrawals from the contract.
Amounts received as a partial withdrawal may be fully includible in taxable income to the extent of gain in the contract.
If your contract has been purchased with an Optional Two Year Withdrawal Feature or is for a guaranteed period only (term certain) annuity, and is terminated as a result of the exercise of the withdrawal feature, the taxable portion of the payment will generally be the excess of the proceeds received over your remaining after-tax Purchase Payment.
Treatment of Separate Account Charges
It is possible that at some future date the Internal Revenue Service (IRS) may consider that contract charges attributable to certain guaranteed death benefits and certain living benefits are to be treated as distributions from the contract to pay for such non-annuity benefits. Currently, these charges are considered to be an intrinsic part of the contract and we do not report these as taxable income. However, if this treatment changes in the future, the charge could also be subject to a 10% federal income tax penalty as an early distribution, as described above.
Guaranteed Withdrawal Benefits
If you have purchased the GWB I, Enhanced GWB or Lifetime Withdrawal Guarantee, where otherwise made available, note the following:
The tax treatment of withdrawals under such a benefit is uncertain. It is conceivable that the amount of potential gain could be determined based on the remaining amount guaranteed to be available for withdrawal at the time of the withdrawal if greater than the Account Value (prior to withdrawal charges). This could result in a greater amount of taxable income in certain cases. In general, at the present time, we intend to report such withdrawals using the Account Value rather than the remaining benefit to determine gain. However, in cases where the maximum permitted withdrawal in any year under any version of the GWB exceeds the Account Value, the portion of the withdrawal treated as taxable gain (not to exceed the amount of the withdrawal) should be measured as the difference between the maximum permitted withdrawal amount under the benefit and the remaining after-tax basis immediately preceding the withdrawal. Consult your tax adviser.
In the event that the Account Value goes to zero, and either the Benefit Base (for GWB I and Enhanced GWB) or the
Remaining Guaranteed Withdrawal Amount (for Lifetime Withdrawal Guarantee) is paid out in fixed installments, or the Annual Benefit Payment (for Lifetime Withdrawal Guarantee) is paid for life, we will treat such payments as income Annuity Payments under the tax law and allow recovery of any remaining basis ratably over the expected number of payments.
We reserve the right to change our tax reporting practices where we determine that they are not in accordance with IRS guidance (whether formal or informal).
Aggregation
If you purchase two or more deferred annuity contracts after October 21, 1988, from us (or our predecessors or affiliates) during the same calendar year, the law requires that all such contracts must be treated as a single contract for purposes of determining whether any payments not received as an annuity (e.g., withdrawals) will be includible in income. Aggregation could affect the amount of a withdrawal that is taxable and subject to the 10% federal income tax penalty described above. Since the IRS may require aggregation in other circumstances as well, you should consult a tax adviser if you are purchasing more than one annuity contract from the same insurance company in a single calendar year. Aggregation does not affect distributions paid in the form of an annuity (see “Taxation of Payments in Annuity Form” below).
Exchanges/Transfers
The annuity contract may be exchanged in whole or in part for another annuity contract or a long-term care insurance policy. An exchange in whole of an annuity contract for another annuity contract or for a qualified long-term care insurance policy will generally be a tax-free transaction under Section 1035 of the Code. The partial exchange of an annuity contract may be a tax-free transaction provided that, among other prescribed IRS conditions, no amounts are distributed from either contract involved in the exchange for 180 days following the date of the exchange other than Annuity Payments made for life, joint lives, or for a term of 10 years or more. If a distribution is made from either contract within the 180-day period after the exchange or the exchange otherwise fails to satisfy other IRS prescriptions, the IRS reserves the right to characterize the exchange in a manner consistent with its substance, based on general tax principles and all the facts and circumstances. For instance, such distribution from either contract may be taxable to the extent of the combined gain attributable to both contracts, or only to the extent of your gain in the contract from which the distribution is paid. Some of the ramifications of a partial
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exchange remain unclear. You should consult your tax adviser concerning potential tax consequences prior to any partial exchange or split of annuity contracts.
A transfer of ownership of the contract, or the designation of an Annuitant or other Beneficiary who is not also the contract Owner, may result in income or gift tax consequences to the contract Owner. You should consult your tax adviser if you are considering such a transfer or assignment.
Death Benefits
For Non-Qualified Contracts, the death benefit is taxable to the recipient in the same manner as if paid to the contract Owner (under the rules for withdrawals or income payments, whichever is applicable).
After your death, any death benefit determined under the contract must be distributed according to certain rules. The method of distribution that is required depends on whether you die before or after the Annuity Starting Date.
If you die on or after the Annuity Starting Date, the remaining portion of the interest in the contract must be distributed at least as rapidly as under the method of distribution being used as of the date of death.
If you die before the Annuity Starting Date, the entire interest in the contract must be distributed within five (5) years after the date of death, or as periodic payments over a period not extending beyond the life or life expectancy of the designated Beneficiary (provided such payments begin within one year of your death) and the Beneficiary must be a natural person.
Additionally, if the annuity is payable to (or for the benefit of) your surviving spouse, that portion of the contract may be continued with your spouse as the Owner.
For contracts owned by a non-natural person, the required distribution rules apply upon the death of the Annuitant. If there is more than one Annuitant of a contract held by a non-natural person, then such required distributions will be triggered by the death of the first co-Annuitant.
Investor Control
In certain circumstances, Owners of Non-Qualified variable annuity contracts have been considered to be the owners of the assets of the underlying Separate Account for federal income tax purposes due to their ability to exercise investment control over those assets. When this is the case, the contract Owners have been currently taxed on income and gains attributable to the variable account assets. There is little guidance in this area, and some features of the
contract, such as the number of Investment Portfolios available and the flexibility of the contract Owner to allocate Purchase Payments and transfer amounts among the Investment Portfolios have not been addressed in public rulings. While we believe that the contract does not give the contract Owner investment control over Separate Account assets, we reserve the right to modify the contract as necessary to prevent a contract Owner from being treated as the owner of the Separate Account assets supporting the contract.
Taxation of Payments in Annuity Form
Payments received from the contract in the form of an annuity are taxable as ordinary income to the extent they exceed the portion of the payment determined by applying the exclusion ratio to the entire payment. The exclusion ratio is determined at the time the contract is annuitized (i.e., the accumulated value is converted to an annuity form of distribution). Generally, the applicable exclusion ratio is your investment in the contract divided by the total payments expected to be received based on IRS factors, such as the form of annuity and mortality. The excludable portion of each Annuity Payment is the return of investment in the contract and it is excludable from your taxable income until your investment in the contract is fully recovered. We will make this calculation for you. However, it is possible that the IRS could conclude that the taxable portion of income payments under a Non-Qualified Contract is an amount greater or less — than the taxable amount determined by us and reported by us to you and the IRS.
Once you have recovered the investment in the contract, further Annuity Payments are fully taxable.
If you die before your investment in the contract is fully recovered, the balance of your investment may be deducted on your last tax return, or if Annuity Payments continue after your death, the balance may be recovered by your Beneficiary.
The IRS has not furnished explicit guidance as to how the excludable amount is to be determined each year under variable income annuities that permit transfers between a fixed annuity option and variable investment options, as well as transfers between investment options after the Annuity Starting Date.
Once Annuity Payments have commenced, you may not be able to transfer to another Non-Qualified Contract or a long-term care contract as part of a tax-free exchange.
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If the contract allows, you may elect to convert less than the full value of your contract to an annuity form of pay-out (i.e., “partial annuitization”). In this case, your investment in the contract will be pro-rated between the annuitized portion of the contract and the deferred portion. An exclusion ratio will apply to the Annuity Payments as described above, provided the annuity form you elect is payable for at least 10 years or for the life of one or more individuals.
3.8% Tax on Net Investment Income
Federal tax law imposes a 3.8% Net Investment Income tax on the lesser of:
(1)    the taxpayer’s “net investment income,” (from non-qualified annuities, interest, dividends, and other investments, offset by specified allowable deductions), or
(2)    the taxpayer’s modified adjusted gross income in excess of a specified income threshold ($250,000 for married couples filing jointly and qualifying widows, $125,000 for married couples filing separately, and $200,000 for single filers).
“Net investment income” in Item 1 above does not include distributions from tax qualified plans (i.e., arrangements described in Code Sections 401(a), 403(a), 403(b), 408, 408A, or 457(b)), but such income will increase modified adjusted gross income in Item 2 above.
You should consult your tax adviser regarding the applicability of this tax to income under your annuity contract.
Puerto Rico Tax Considerations
The Puerto Rico Internal Revenue Code of 2011 (the “2011 PR Code”) taxes distributions from Non-Qualified Contracts differently than in the U.S.
Distributions that are not in the form of an annuity (including partial surrenders and period certain payments) are treated under the 2011 PR Code first as a return of investment. Therefore, a substantial portion of the amounts distributed generally will be excluded from gross income for Puerto Rico tax purposes until the cumulative amount paid exceeds your tax basis.
The amount of income on annuity distributions in annuity form (payable over your lifetime) is also calculated differently under the 2011 PR Code. Since the U.S. source income generated by a Puerto Rico bona fide resident is subject to U.S. income tax and the IRS issued guidance in 2004 which indicated that the income from an annuity
contract issued by a U.S. life insurer would be considered U.S. source income, the timing of recognition of income from an annuity contract could vary between the two jurisdictions. Although the 2011 PR Code provides a credit against the Puerto Rico income tax for U.S. income taxes paid, an individual may not get full credit because of the timing differences.
You should consult with a personal tax adviser regarding the tax consequences of purchasing an annuity contract and/or any proposed distribution, particularly a partial distribution or election to annuitize if you are a resident of Puerto Rico.
Qualified Contracts
Introduction
The contract may be purchased through certain types of retirement plans that receive favorable treatment under the Code (“tax qualified plans” or “qualified plans”). Tax-qualified plans include arrangements described in Code Sections 401(a), 401(k), 403(a), 403(b) or tax sheltered annuities (TSA), 408 or “IRAs” (including SEP and SIMPLE IRAs), 408A or “Roth IRAs” and 457(b) plans. Extensive special tax rules apply to qualified plans and to the annuity contracts used in connection with these plans. Therefore, the following discussion provides only general information about the use of the contract with the various types of qualified plans. Adverse tax consequences may result if you do not ensure that contributions, distributions and other transactions with respect to the contract comply with the law.
The rights to any benefit under the plan will be subject to the terms and conditions of the plan itself as well as the terms and conditions of the contract.
We exercise no control over whether a particular retirement plan or a particular contribution to the plan satisfies the applicable requirements of the Code, or whether a particular individual is entitled to participate or benefit under a plan.
All qualified plans and arrangements receive tax deferral under the Code. Since there are no additional tax benefits in funding such retirement arrangements with an annuity, there should be reasons other than tax deferral for acquiring the annuity within the plan. Such non-tax benefits may include additional insurance benefits, such as the availability of a guaranteed income for life.
A contract may also be available in connection with an employer’s non-qualified deferred compensation plan or qualified governmental excess benefit arrangement to provide benefits to certain employees in the plan. The tax
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rules regarding these plans are complex. Please consult your tax adviser about your particular situation.
Accumulation
The tax rules applicable to qualified plans vary according to the type of plan and the terms and conditions of the plan itself. Both the amount of the contribution that may be made and the tax deduction or exclusion that you may claim for that contribution under qualified plans are limited under the Code. See the SAI for a description of qualified plan types and annual current contribution limitations, which are subject to change from year-to-year.
Purchase payments or contributions to IRAs or tax qualified retirement plans of an employer may be taken from current income on a before tax basis or after tax basis. Purchase payments made on a “before tax” basis entitle you to a tax deduction or are not subject to current income tax. Purchase payments made on an “after tax” basis do not reduce your taxable income or give you a tax deduction. Contributions may also consist of transfers or rollovers as described below and are not subject to the annual limitations on contributions.
An IRA Contract will accept as a single Purchase Payment a transfer or rollover from another IRA (including a SEP or SIMPLE IRA) or rollover from an eligible retirement plan of an employer (i.e., 401(a), 401(k), 403(a), 403(b), or governmental 457(b) plan). A rollover or transfer from a SIMPLE IRA is allowed provided that the taxpayer has participated in such arrangement for at least two years. As part of the single Purchase Payment, the IRA contract will also accept an IRA contribution subject to the Code limits for the year of purchase.
For income annuities established as “pay-outs” of SIMPLE IRAs, the contract will only accept a single Purchase Payment consisting of a transfer or rollover from another SIMPLE IRA. For income annuities established in accordance with a distribution option under a retirement plan of an employer (e.g., 401(a), 401(k), 403(a), 403(b), or 457(b) plan), the contract will only accept as its single Purchase Payment a transfer from such employer retirement plan.
Taxation of Annuity Distributions
If contributions are made on a “before tax” basis, you generally pay income taxes on the full amount of money you receive under the contract. Withdrawals attributable to any after-tax contributions are basis in the contract and not subject to income tax (except for the portion of the withdrawal allocable to earnings, if any).
Under current federal income tax rules, the taxable portion of distributions under annuity contracts and qualified plans (including IRAs) is not eligible for the reduced tax rate applicable to long-term capital gains and qualifying dividends.
If you meet certain requirements, your Roth IRA, Roth 403(b) and Roth 401(k) earnings can be received free of federal income taxes.
With respect to IRA contracts, we will withhold a portion of the taxable amount of your withdrawal for income taxes, unless you elect otherwise. The amount we will withhold is determined by the Code.
Guaranteed Withdrawal Benefits
If you have purchased the Lifetime Withdrawal Guarantee benefit (LWG), where otherwise made available, note the following:
In the event that the Account Value goes to zero, and either the Remaining Guaranteed Withdrawal Amount is paid out in fixed installments or the Annual Benefit Payment is paid for life, we will treat such payments as income Annuity Payments under the tax law and allow recovery of any remaining basis ratably over the expected number of payments.
In determining your required minimum distribution each year, the actuarial value of this benefit as of the prior December 31 must be taken into account in addition to the Account Value of the contract.
If you have purchased the GWB I, Enhanced GWB or LWG, where otherwise made available, note the following:
The tax treatment of withdrawals under such a benefit is uncertain. It is conceivable that the amount of potential gain could be determined based on the remaining amount guaranteed to be available for withdrawal at the time of the withdrawal if greater than the Account Value (prior to withdrawal charges). This could result in a greater amount of taxable income in certain cases. In general, at the present time, we intend to report such withdrawals using the Account Value rather than the remaining benefit to determine gain. However, in cases where the maximum permitted withdrawal in any year under any version of the Guaranteed Withdrawal Benefit exceeds the Account Value, the portion of the withdrawal treated as taxable gain (not to exceed the amount of the withdrawal) should be measured as the difference between the maximum permitted withdrawal amount under the benefit and the remaining after-tax basis immediately preceding the withdrawal. Consult your tax adviser.
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In the event that the Account Value goes to zero, and either the Benefit Base (for the GWB I or Enhanced GWB) or the Remaining Guaranteed Withdrawal Amount (for the LWG) is paid out in fixed installments or the Annual Benefit Payment (for the LWG) is paid for life, we will treat such payments as income Annuity Payments under the tax law and allow recovery of any remaining basis ratably over the expected number of payments.
We reserve the right to change our tax reporting practices where we determine that they are not in accordance with IRS guidance (whether formal or informal).
Withdrawals Prior to Age 59 12
A taxable withdrawal from a Qualified Contract which is subject to income tax may also be subject to a 10% federal income tax penalty for “early” distribution if taken prior to age 59 12, unless an exception described below applies. The penalty rate is 25% for SIMPLE IRA plan contracts if the withdrawal occurs within the first 2 years of your participation in the plan.
Exceptions to the early distribution penalty for qualified plans include withdrawals or distributions made:
(a)    on account of your death or disability,
(b)    as part of a series of substantially equal periodic payments payable for your life (or life expectancy) or joint lives (or joint life expectancies) of you and your designated Beneficiary and you are separated from employment,
(c)    on separation from service after age 55. This rule does not apply to IRAs (including SEPs and SIMPLE IRAs).
(d)    pursuant to a qualified domestic relations order (“QDRO”). This rule does not apply to IRAs (including SEPs and SIMPLE IRAs).
(e)    to pay IRS levies (and made after December 31, 1999),
(f)    to pay deductible medical expenses, or
(g)    in the case of IRAs only, to pay for medical insurance (if you are unemployed), qualified higher education expenses, or for a qualified first-time home purchase up to $10,000.
Other exceptions may be applicable under certain circumstances and special rules apply or may become applicable in connection with the exceptions enumerated above.
If you receive systematic payments that you intend to qualify for the “substantially equal periodic payments” exception noted above, any modifications (except due to
death or disability) to your payment before age 59 12 or within five years after beginning these payments, whichever is later, will result in the retroactive imposition of the 10% federal income tax penalty with interest. Such modifications may include but are not limited to additional Purchase Payments to the contract (including tax-free transfers or rollovers) and additional withdrawals from the contract.
The 10% federal income tax penalty on early distribution does not apply to governmental 457(b) plan contracts. However, it does apply to distributions from 457(b) plans of employers which are state or local governments to the extent that the distribution is attributable to rollovers accepted from other types of eligible retirement plans.
Commutation Features Under Income Payment Types
Please be advised that the tax consequences resulting from the election of income payment types containing a commutation feature (a feature that allows the Owner to receive a lump sum of the present value of future Annuity Payments) are uncertain and the IRS may determine that the taxable amount of income payments and withdrawals received for any year could be greater than or less than the taxable amount reported by us. The exercise of the commutation feature also may result in adverse tax consequences including:
The imposition of a 10% federal income tax penalty on the taxable amount of the commuted value, if the taxpayer has not attained age 59 12 at the time the withdrawal is made. This 10% federal income tax penalty is in addition to the ordinary income tax on the taxable amount of the commuted value.
The retroactive imposition of the 10% federal income tax penalty on income payments received prior to the taxpayer attaining age 59 12.
The possibility that the exercise of the commutation feature could adversely affect the amount excluded from federal income tax under any income payments made after such commutation.
A payee should consult with his or her own tax adviser prior to electing to annuitize the contract and prior to exercising any commutation feature under an income payment type.
Rollovers and Transfers
Your contract is non-forfeitable (i.e., not subject to the claims of your creditors) and non-transferable (i.e., you may not transfer it to someone else).
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Nevertheless, contracts held in certain employer plans subject to ERISA may be transferred in part pursuant to a QDRO.
Under certain circumstances, you may be able to transfer amounts distributed from your contract to another eligible retirement plan or IRA. For 457(b) plans maintained by non-governmental employers, if certain conditions are met, amounts may be transferred into another 457(b) plan maintained by a non-governmental employer.
You may make rollovers and direct transfers into your SIMPLE IRA annuity contract from another SIMPLE IRA annuity contract or account. Rollovers from another qualified plan can generally be made to your SIMPLE IRA after you have participated in the SIMPLE IRA for at least two years.
Rollovers and direct transfers from a SIMPLE IRA can only be made to another SIMPLE IRA or account during the first two years that you participate in the SIMPLE IRA plan. After this two-year period, rollovers and transfers may be made from your SIMPLE IRA into a Traditional IRA or account, as well as into another SIMPLE IRA.
Federal income tax law allows you to make only one rollover from an IRA to another (or the same) IRA in any 12-month period, regardless of the number of IRAs you own. Generally, this limit does not apply to trustee-to-trustee transfers between IRAs. Because the rollover rules are complex, please consult with your tax advisor before making an IRA rollover.
Generally, a distribution may be eligible for rollover but certain types of distributions cannot be rolled over, such as distributions received on account of:
(a)    minimum distribution requirements,
(b)    financial hardship; or
(c)    for a period of ten or more years or for life.
20% Withholding on Eligible Rollover Distributions
For certain qualified employer plans, we are required to withhold 20% of the taxable portion of your withdrawal that constitutes an “eligible rollover distribution” for federal income taxes. The amount we withhold is determined by the Code. You may avoid withholding if you directly transfer a withdrawal from this contract to another IRA or other qualified plan. Similarly, you may be able to avoid withholding on a transfer into this contract from an existing qualified plan you may have with another provider by arranging to have the transfer made directly to us. For taxable withdrawals that are not “eligible rollover
distributions,” the Code imposes different withholding rules to determine the withholding percentage.
Death Benefits
The death benefit in a Qualified Contract is taxable to the recipient in the same manner as if paid to the contract Owner or plan participant (under the rules for withdrawals or income payments, whichever is applicable).
Required Minimum Distribution (RMD) amounts are required to be distributed from a Qualified annuity Contract (including a contract issued as a Roth IRA) following your death. Congress recently changed the RMD rules for individuals who die after 2019. The after-death RMD rules are complex, and you should consult your tax adviser about how they may apply to your situation.
Effective January 1, 2020, when an IRA owner or participant in a defined contribution plan dies, any remaining interest generally must be distributed within 10 years (or in some cases five years) after his or her death, unless an exception applies. An exception permits an “eligible designated beneficiary” to take distributions over life or a period not exceeding life expectancy, subject to special rules and limitations. An “eligible designated beneficiary” includes: the IRA owner/participant’s spouse or minor child (until the child reaches age of majority), certain disabled or chronically ill individuals, and an individual who is not more than 10 years younger than the IRA owner/participant. We may limit any payment option over life, or a period not exceeding life expectancy, to certain categories of eligible designed beneficiary.
Generally, distributions under this exception must start by the end of the year following your death. However, if your surviving spouse is the sole designated beneficiary, distributions may generally be delayed until December 31 of the year you would have attained age 72 (age 70 12, if you were born on or before June 30, 1949), if your contract permits.
If you die after Annuity Payments have already begun under a Qualified Contract, any remaining payments under the contract also must be made in accordance with the RMD rules. In some cases, those rules may require that the remaining payments be made over a shorter period than originally elected or otherwise adjusted to comply with the tax law.
Regardless of whether you die before or after your Required Beginning Date, the following will be applicable:
If your surviving spouse is the sole designated beneficiary of your Traditional or Roth IRA, then your surviving
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spouse may elect to treat the Traditional or Roth IRA as his or her own.
Your designated Beneficiary is the person to whom benefit rights under the contract pass by reason of death. The Beneficiary generally must be a natural person in order to elect a periodic payment option based on life expectancy or a period exceeding five years. Different tax rules may apply if your Beneficiary is not a natural person, such as your estate.
Your spouse may be able to rollover the death proceeds into another eligible retirement plan in which he or she participates, if permitted under the receiving plan, or he or she may elect to rollover the death proceeds into his or her own IRA, or he or she may elect to transfer the death proceeds into an inherited IRA.
If your Beneficiary is not your spouse and your plan and contract permit, your Beneficiary may be able to rollover the death proceeds via a direct trustee-to-trustee transfer into an inherited IRA. However, a non-spouse Beneficiary may not treat the inherited IRA as his or her own IRA.
Additionally, for contracts issued in connection with qualified plans subject to ERISA, the spouse or ex-spouse of the participant may have rights in the contract. In such a case, the participant may need the consent of the spouse or ex-spouse to change annuity options or make a withdrawal from the contract.
Required Minimum Distributions
Generally, you must begin receiving RMD amounts from your Qualified Contract by the Required Beginning Date. Generally, for retirement plans, the “Required Minimum Date” is April 1 following the later of:
(a)    the calendar year in which you reach age 72 (age 70 12, if you were born on or before June 30, 1949), or
(b)    the calendar year you retire, provided you do not own more than 5% of the outstanding stock, capital, or profits of your employer.
For IRAs (including SEPs and SIMPLEs), the Required Beginning Date by which you must begin receiving withdrawals is the year in which you attain age 72 (age 70 12, if you were born on or before June 30, 1949), even if you have not retired, taking your first distribution no later than April 1 of the year after you reach age 72 (age 70 12, if you were born on or before June 30, 1949).
For all subsequent years, including the first year in which you took your RMD by April 1, you must take the required minimum distribution for the year by December 31st. This
will require you to take two distributions in the same calendar year if you wait to take your first distribution until April 1 of the year after attaining age 72 (age 70 12, if you were born on or before June 30, 1949).
A tax penalty of 50% applies to the shortfall of any required minimum distribution you fail to receive.
You may not satisfy minimum distributions for one employer’s qualified plan (e.g., 401(a), 403(a), 457(b)) with distributions from another qualified plan of the same or a different employer. However, an aggregation rule does apply in the case of IRAs (including SEP and SIMPLE IRAs) or 403(b) plans. The minimum required distribution is calculated with respect to each IRA, but the aggregate distribution may be taken from any one or more of your IRAs/SEPs. Similarly, the amount of required minimum distribution is calculated separately with respect to each 403(b) arrangement, but the aggregate amount of the required distribution may be taken from any one or more of your 403(b) plan contracts. For SIMPLE IRAs, the aggregate amount of the required distribution may be taken from any one or more of your SIMPLE IRAs.
The regulations also require that the value of benefits under a deferred annuity including certain death benefits in excess of contract value must be added to the amount credited to your account in computing the amount required to be distributed over the applicable period. We will provide you with additional information regarding the amount that is subject to minimum distribution under this rule. You should consult your own tax adviser as to how these rules affect your own distribution under this rule.
If you intend to receive your minimum distributions in the form of Annuity Payments that are payable over the joint lives of you and a Beneficiary or over a guaranteed duration of more than 10 years, be advised that federal tax law may require that, after your death, any remaining payments be made over a shorter period or be reduced after your death to satisfy the RMD rules and avoid the 50% excise tax. Other complex rules also apply to RMDs taken in the form of Annuity Payments. You should consult your own tax adviser as to how these rules affect your own contract.
Required minimum distribution rules that apply to other types of IRAs while you are alive do not apply to Roth IRAs. However, in general, the IRA post-death rules with respect to minimum distributions apply to beneficiaries of Roth IRAs.
Additional Information Regarding TSA (ERISA and Non-ERISA) 403(b)
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Special Rules Regarding Exchanges. In order to satisfy tax regulations, contract exchanges within a 403(b) plan after September 24, 2007, must, at a minimum, meet the following requirements: (1) the plan must allow the exchange; (2) the exchange must not result in a reduction in a participant’s or a Beneficiary’s accumulated benefit: (3) the receiving contract includes distribution restrictions that are no less stringent than those imposed on the contract being exchanged; and (4) if the issuer receiving the exchanges is not part of the plan, the employer enters into an agreement with the issuer to provide information to enable the contract provider to comply with Code requirements. Such information would include details concerning severance from employment, hardship withdrawals, loans and tax basis. You should consult your tax or legal counsel for any advice relating to contract exchanges or any other matter relating to these regulations.
Withdrawals. If you are under age 59 12, you generally cannot withdraw money from your TSA contract unless the withdrawal:
(a) related to Purchase Payments made prior to 1989 and pre-1989 earnings on those Purchase Payments;
(b) is exchanged to another permissible investment under your 403(b) plan;
(c) relates to contributions to an annuity contract that are not salary reduction elective deferrals, if your plan allows it;
(d) occurs after you die, leave your job or become disabled (as defined by the Code);
(e) is for financial hardship (but only to the extent of elective deferrals), if your plan allows it;
(f) relates to distributions attributable to certain TSA plan terminations, if the conditions of the Code are met;
(g) relates to rollover or after-tax contributions; or
(h) is for the purchase of permissive service credit under a governmental defined benefit plan.
In addition, a Section 403(b) contract is permitted to distribute retirement benefits attributable to pre-tax contributions other than elective deferrals to the participant no earlier than upon the earlier of the participant’s severance from employment or upon the prior occurrence of some event, such as after a fixed number of years, the attainment of a stated age or disability.
Additional Information Regarding IRAs
Purchase Payments. Traditional IRA Purchase Payments (except for permissible rollovers and direct transfers) are limited in the aggregate to the lesser of 100% of compensation or the deductible amount established each year under the Code.A Purchase Payment up to the deductible amount can also be made for a non-working spouse provided the couple’s compensation is at least equal to their aggregate contributions. Individuals age 50 and older are permitted to make additional “catch-up” contributions if they have sufficient compensation. If you or your spouse are an active participant in a retirement plan of an employer, your deductible contributions may be limited. If you exceed Purchase Payment limits you may be subject to a tax penalty.
Roth IRA Purchase Payments for individuals are non-deductible (made on an “after tax” basis) and are limited to the lesser of 100% of compensation or the annual deductible IRA amount. Individuals age 50 and older can make an additional “catch-up” Purchase Payment each year (assuming the individual has sufficient compensation). You may contribute up to the annual Purchase Payment limit if your modified adjusted gross income does not exceed certain limits. If you exceed Purchase Payment limits, you may be subject to a tax penalty.
Withdrawals. If and to the extent that Traditional IRA Purchase Payments are made on an “after tax” basis, withdrawals would be included in income except for the portion that represents a return of non-deductible Purchase Payments. This portion is generally determined based upon the ratio of all non-deductible Purchase Payments to the total value of all your Traditional IRAs (including SEP IRAs and SIMPLE IRAs). We withhold a portion of the amount of your withdrawal for income taxes, unless you elect otherwise. The amount we withhold is determined by the Code.
Generally, withdrawal of earnings from Roth IRAs are free from federal income tax if: (1) they are made at least five taxable years after the tax year for which you made your first Purchase Payment to a Roth IRA; and (2) they are made on or after the date you reach age 59 12 or upon your death, disability or for a qualified first-home purchase (up to $10,000). Withdrawals from a Roth IRA are made first from Purchase Payments and then from earnings. We may be required to withhold a portion of your withdrawal for income taxes, unless you elect otherwise. The amount will be determined by the Code.
Conversion. Traditional IRAs may be converted to Roth IRAs. Except to the extent you have non-deductible
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contributions, the amount converted from an existing Traditional IRA into a Roth IRA is taxable. Generally, the 10% federal income tax penalty does not apply. However, the taxable amount to be converted must be based on the fair market value of the entire annuity contract being converted into a Roth IRA. Such fair market value, in general, is to be determined by taking into account the value of all benefits (both living benefits and death benefits) in addition to the Account Value; as well as adding back certain loads and charges incurred during the prior twelve month period. Your contract may include such benefits and applicable charges. Accordingly, if you are considering such conversion of your annuity contract, please consult your tax adviser. The taxable amount may exceed the Account Value at the date of conversion.
Prior to 2018, contributions made to a Traditional IRA that were converted to a Roth IRA could be recharacterized as made back to the Traditional IRA, if certain conditions were met. Under a provision of the Tax Cuts and Jobs Act, recharacterization cannot be used to unwind a conversion from a Traditional IRA to a Roth IRA for taxable years beginning after December 31, 2017. For conversions made to a Roth IRA in 2017, the IRS has issued guidance allowing recharacterizations to be made in 2018.
Distinction for Puerto Rico Code
An annuity contract may be purchased by an employer for an employee under a qualified pension, profit sharing, stock bonus, annuity, or a “cash or deferred” arrangement plan established pursuant to Section 1081.01 of the 2011 PR Code. To be tax qualified under the 2011 PR Code, a plan must comply with the requirements of Section 1081.01(a) of the 2011 PR Code which includes certain participation requirements, among other requirements. A trust created to hold assets for a qualified plan is exempt from tax on its investment income.
Contributions. The employer is entitled to a current income tax deduction for contributions made to a qualified plan, subject to statutory limitations on the amount that may be contributed each year. The plan contributions by the employer are not required to be included in the current income of the employee.
Distributions. Any amount received or made available to the employee under the qualified plan is includible in the gross income of the employee in the taxable year in which received or made available. In such case, the amount paid or contributed by the employer shall not constitute consideration paid by the employee for the contract for purposes of determining the amount of Annuity Payments required to be included in the employee’s gross income.
Thus, amounts actually distributed or made available to any employee under the qualified plan will be included in their entirety in the employee’s gross income. The value of accrued benefits in a qualified retirement plan with respect to which the special 8% tax under Puerto Rico Act No. 77-2014 was prepaid will be considered as part of the participant’s tax basis in his retirement plan account. Thus, any distributions attributable to the benefits for which such taxes were prepaid will not be subject to income taxes when the same are subsequently received by the participant. However, the investment income and the appreciation in value, if any, accrued on the benefits with respect to which the special tax was prepaid, will be taxed as provided by the tax rules in effect at the time of distribution. Lump-sum proceeds from a Puerto Rico qualified retirement plan due to separation of employment or termination of a retirement plan will generally be treated as ordinary income but will be subject to a withholding tax rate of 20%.A special withholding tax rate of 10% may apply instead, if the plan satisfies the following requirements:
(1)    the plan’s trust is organized under the laws of Puerto Rico, or has a Puerto Rico resident trustee and uses such trustee as paying agent; and
(2)    10% of all plan’s trust assets (calculated based on the average balance of the investments of the trust) attributable to participants who are Puerto Rico residents must be invested in “property located in Puerto Rico” for a three-year period.
If these two requirements are not satisfied, the distribution will generally be subject to the 20% tax rate. The three-year period includes the year of the distribution and the two immediately preceding years. In the case of a defined contribution plan that maintains separate accounts for each participant, the described 10% investment requirement may be satisfied in the accounts of a participant that chooses to invest in such fashion rather than at the trust level. Property located in Puerto Rico includes shares of stock of a Puerto Rico registered investment company, fixed or variable annuities issued by a domestic insurance company or by a foreign insurance corporation that derives more than 80% of its gross income from sources within Puerto Rico, and bank deposits. The 2011 PR Code does not impose a penalty tax in cases of early (premature) distributions from a qualified plan.
In the case of distributions from a qualified plan in the form of annuity or installments as a result of termination of employment, amounts received are taxable in an amount equal to 3% of the after-tax contributions not previously distributed, which would be considered the tax cost. The
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remaining portion is not taxable until you have recovered the total after-tax contributions made to the qualified plan. You may be able to exclude from gross income up to $11,000, if you are less than 60 years of age, or up to $15,000, if you are at least 60 years of age, of the taxable portion of the installment payments received every year. The above-described distributions that exceed the amount of $35,000 during a taxable year (amount which includes the annual exclusion of $15,000) for retirees that are 60 years old or older, and $31,000 (amount which includes the annual exclusion of $11,000) for other retirees plus the recovery of the consideration paid for the annuity following the 3% recognition of income rule described above, will generally constitute ordinary income subject to a 10% withholding tax.
Upon the occurrence of a “Declared Disaster”, like a hurricane, Retirement Plans are allowed to make Eligible Distributions to a participant resident of Puerto Rico who requests the same. The Eligible Distribution may not exceed $100,000, be made during a period of time to be identified by the Puerto Rico Treasury through administrative guidance and be used to cover damages or losses suffered, and extraordinary expenses incurred by the individual as a result of the Declared Disaster. The first $10,000 will be exempted from income taxation, including the alternate basic tax, and amounts exceeding $10,000 will be subject to a 10% income tax to be withheld at the source, in lieu of any other income tax, including the alternate basic tax.
You should consult with a personal tax adviser regarding the tax consequences of purchasing an annuity contract and/or any proposed distribution if you are a resident of Puerto Rico.
In contrast, in the case of a distribution to a Non-Puerto Rico resident of retirement income, as such term is defined in 4 U.S.C. Section 114(a) made by a dual qualified plan, i.e., a plan qualified under Code Section 401 and under Section 1081.01 of the 2011 PR Code, and funded through a U.S. Trust, said distribution is not subject to Puerto Rico income tax. The individual must not be a Puerto Rico resident at the time of distribution.
Rollover. Deferral of the recognition of income continues upon the receipt of a distribution by a participant from a qualified plan, if the distribution is contributed to another qualified retirement plan or traditional individual retirement account for the employee’s benefit no later than sixty (60) days after the distribution.
ERISA Considerations. In the context of a Puerto Rico qualified retirement plan trust, the IRS has held that the
transfer of assets and liabilities from a qualified retirement plan trust under the Code to that type of plan would generally be treated as a distribution includible in gross income for U.S. income tax purposes even if the Puerto Rico retirement plan is a plan described in ERISA Section 1022(i)(1). By contrast, a transfer from a qualified retirement plan trust under the Code to a Puerto Rico qualified retirement plan trust that has made an election under ERISA Section 1022(i)(2) is not treated as a distribution from the transferor plan for U.S. income tax purposes because a Puerto Rico retirement plan that has made an election under ERISA Section 1022(i)(2) is treated as a qualified retirement plan for purposes Code Section 401(a). The IRS has determined that the above described rules prescribing the inclusion in income of transfers of assets and liabilities to a Puerto Rico retirement plan trust described in ERISA Section 1022(i)(1) would be applicable to transfers taking effect after December 31, 2012. Notwithstanding the above, the IRS has held that a Puerto Rico retirement plan described in ERISA Section 1022(i)(1) may participate in a 81-100 group trust because it permits said plan to diversify its investments without adverse tax consequences to the group trust or its investors.
Pursuant to guidance promulgated by the DOL, where the Secretary of Labor has authority to regulate with respect to the provisions of ERISA dealing with the use of the term “spouse,” spouse will be read to refer to any individuals who are lawfully married under any state law, including same-sex spouses, and without regard to whether their state of domicile recognizes same-sex marriage. Thus, for ERISA purposes as well as federal tax purposes, an employee benefit plan participant who marries a person of the same sex in a jurisdiction that recognizes same-sex marriage will continue to be treated as married even if the couple moves to a jurisdiction that does not recognize same-sex marriage.
OTHER INFORMATION
Brighthouse Life Insurance Company
Brighthouse Life Insurance Company (BLIC) is a stock life insurance company originally chartered in Connecticut in 1863 and currently subject to the laws of the State of Delaware. Prior to March 6, 2017, BLIC was known as MetLife Insurance Company USA. BLIC is licensed to conduct business in all states of the United States, except New York, and in the District of Columbia, Puerto Rico, Guam, the U.S. and British Virgin Islands and the Bahamas. BLIC is an indirect wholly-owned subsidiary of, and ultimately controlled by, Brighthouse Financial, Inc.
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(“BHF”), a publicly-traded company. BHF, through its subsidiaries and affiliates, is one of the largest providers of annuity and life insurance products in the U.S. BLIC’s executive offices are located at 11225 North Community House Road, Charlotte, NC 28277.
The Separate Account
We have established a Separate Account, Brighthouse Separate Account A (Separate Account), to hold the assets that underlie the contracts. The Board of Directors of our predecessor, MetLife Investors USA Insurance Company (MetLife Investors), adopted a resolution to establish the Separate Account under Delaware insurance law on May 29, 1980. We have registered the Separate Account with the SEC as a unit investment trust under the Investment Company Act of 1940. The Separate Account is divided into subaccounts.
The Separate Account’s assets are solely for the benefit of those who invest in the Separate Account and no one else, including our creditors. The assets of the Separate Account are held in our name on behalf of the Separate Account and legally belong to us. All the income, gains and losses (realized or unrealized) resulting from these assets are credited to or charged against the contracts issued from this Separate Account without regard to our other business.
We reserve the right to transfer assets of the Separate Account to another account, and to modify the structure or operation of the Separate Account, subject to necessary regulatory approvals. If we do so, we will notify you of any such changes and we guarantee that the modification will not affect your Account Value.
We are obligated to pay all money we owe under the contracts — such as death benefits and income payments — even if that amount exceeds the assets in the Separate Account. Any such amount that exceeds the assets in the Separate Account is paid from our general account. Any amount under any optional death benefit, optional Guaranteed Minimum Income Benefit, optional Guaranteed Withdrawal Benefit, or optional Guaranteed Minimum Accumulation Benefit that exceeds the assets in the Separate Account is also paid from our general account. Benefit amounts paid from the general account are subject to our financial strength and claims paying ability and our long term ability to make such payments. We issue other annuity contracts and life insurance policies where we pay all money we owe under those contracts and policies from our general account. BLIC is regulated as an insurance company under state law, which generally includes limits on the amount and type of investments in our general account. However, there is no guarantee that we will be
able to meet our claims paying obligations; there are risks to purchasing any insurance product.
The investment advisers to certain of the Investment Portfolios offered with the contracts or with other variable annuity contracts issued through the Separate Account may be regulated as Commodity Pool Operators. While it does not concede that the Separate Account is a commodity pool, BLIC has claimed an exclusion from the definition of the term “commodity pool operator” under the Commodities Exchange Act (CEA), and is not subject to registration or regulation as a pool operator under the CEA.
Distributor
We have entered into a distribution agreement with our affiliate, Brighthouse Securities, LLC (Distributor), 11225 North Community House Road, Charlotte, NC 28277, for the distribution of the contracts. Both the Company and Distributor are indirect, wholly owned subsidiaries of BHF. Distributor is a member of the Financial Industry Regulatory Authority (FINRA). FINRA provides background information about broker-dealers and their registered representatives through FINRA BrokerCheck. You may contact the FINRA BrokerCheck Hotline at 1-800-289-9999, or log on to www.finra.org. An investor brochure that includes information describing FINRA BrokerCheck is available through the Hotline or on-line.
Distributor, and in certain cases, we, have entered into selling agreements with unaffiliated selling firms for the sale of the contracts. No selling firms are affiliated with us or Distributor. We pay compensation to Distributor for sales of the contracts by selling firms. We also pay amounts to Distributor that may be used for its operating and other expenses, including the following sales expenses: compensation and bonuses for Distributor’s management team and other expenses of distributing the contracts. Distributor’s management team and registered representatives also may be eligible for non-cash compensation items that we may provide jointly with Distributor. Non-cash items include conferences, seminars and trips (including travel, lodging and meals in connection therewith), entertainment, merchandise and other similar items.
All of the Investment Portfolios make payments to Distributor under their distribution plans in consideration of services provided and expenses incurred by Distributor in distributing shares of the Investment Portfolios. (See the Investment Portfolio prospectuses for more information.) These payments range up to 0.55% of Separate Account assets invested in the particular Investment Portfolio.
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Selling Firms
As noted above, Distributor, and in certain cases, we, have entered into selling agreements with unaffiliated selling firms for the sale of the contracts. All selling firms receive commissions, and they may also receive some form of non-cash compensation. Certain selected selling firms receive additional compensation (described below under “Additional Compensation for Selected Selling Firms”). These commissions and other incentives or payments are not charged directly to contract Owners or the Separate Account. We intend to recoup commissions and other sales expenses through fees and charges deducted under the contract or from our general account. A portion of the payments made to selling firms may be passed on to their sales representatives in accordance with the selling firms' internal compensation programs. Those programs may also include other types of cash and non-cash compensation and other benefits. Financial representatives of the selling firms may also receive non-cash compensation, pursuant to their firm’s guidelines, directly from us or Distributor.
Compensation Paid to Selling Firms. Distributor pays compensation to all selling firms in the form of commissions and may also provide certain types of non-cash compensation. The maximum commission payable for contract sales and additional Purchase Payments by selling firms is 2.8% of Purchase Payments, along with annual trail commissions beginning in year two up to 1.25% of Account Value (less Purchase Payments received within the previous 12 months) for so long as the contract remains in effect or as agreed in the selling agreement. Distributor also pays commissions when a contract Owner elects to begin receiving regular income payments (referred to as “Annuity Payments”). (See “Annuity Payments (The Income Phase).”) Distributor may also provide non-cash compensation items that we may provide jointly with Distributor. Non-cash items may include expenses for conference or seminar trips, certain gifts, prizes, and awards.
Ask your financial representative for further information about what payments your financial representative and the selling firm for which he or she works may receive in connection with your purchase of a contract.
Additional Compensation for Selected Selling Firms. Distributor has entered into distribution arrangements with certain selected unaffiliated selling firms. Under these arrangements, Distributor may pay additional compensation to selected selling firms, including marketing allowances, introduction fees, persistency payments, preferred status fees and industry conference
fees. Marketing allowances are periodic payments to certain selling firms, the amount of which may be an annual flat fee or, in many cases, depends on cumulative periodic (usually quarterly) sales of our insurance contracts (including the contracts offered by this prospectus) and may also depend on meeting thresholds in the sale of certain of our insurance contracts (other than the contracts offered by this prospectus). They may also include payments we make to cover the cost of marketing or other support services provided for or by registered representatives who may sell our products. Introduction fees are payments to selling firms in connection with the addition of our products to the selling firm’s line of investment products, including expenses relating to establishing the data communications systems necessary for the selling firm to offer, sell and administer our products. Persistency payments are periodic payments based on Account Values of our variable insurance contracts (including Account Values of the contracts) or other persistency standards. Preferred status fees are paid to obtain preferred treatment in selling firms’ marketing programs, which may include marketing services, participation in marketing meetings, listings in data resources and increased access to their sales representatives. Industry conference fees are amounts paid to cover in part the costs associated with sales conferences and educational seminars for selling firms’ financial representatives. Distributor has entered into such distribution agreements with the selling firms identified in the Statement of Additional Information.
The additional types of compensation discussed above are not offered to all selling firms. The terms of any particular agreement governing compensation may vary among selling firms and the amounts may be significant. The prospect of receiving, or the receipt of, additional compensation as described above may provide selling firms and/or their sales representatives with an incentive to favor sales of the contracts over other variable annuity contracts (or other investments) with respect to which selling firm does not receive additional compensation, or lower levels of additional compensation. You may wish to take such payment arrangements into account when considering and evaluating any recommendation relating to the contracts. For more information about any such additional compensation arrangements, ask your financial representative. (See the Statement of Additional Information — “Distribution” for a list of selling firms that received compensation during 2020, as well as the range of additional compensation paid.)
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Requests and Elections
We will treat your request for a contract transaction, or your submission of a Purchase Payment, as received by us if we receive a request conforming to our administrative procedures or a payment at our Annuity Service Center before the close of regular trading on the New York Stock Exchange on that day. We will treat your submission of a Purchase Payment as received by us if we receive a payment at our Annuity Service Center (or a designee receives a payment in accordance with the designee's administrative procedures) before the close of regular trading on the New York Stock Exchange on that day. If we receive the request, or if we (or our designee) receive the payment, after the close of trading on the New York Stock Exchange on that day, or if the New York Stock Exchange is not open that day, then the request or payment will be treated as received on the next day when the New York Stock Exchange is open. Our Annuity Service Center is located at P.O. Box 305075, Nashville, TN 37230-5075. If you send your Purchase Payments or transaction requests to an address other than the one we have designated for receipt of such Purchase Payments or requests, we may return the Purchase Payment to you, or there may be a delay in applying the Purchase Payment or transaction to your contract.
Requests for service may be made:
Through your financial representative
By telephone at (888) 243-1932, between the hours of 7:30AM and 5:30PM Central Time Monday through Friday
In writing to our Annuity Service Center
By fax at Brighthouse Policy Holder Services, (877) 246-8424 or
By Internet at www.brighthousefinancial.com
Some of the requests for service that may be made by telephone or Internet include transfers of Account Value (see “Investment Options Transfers Transfers By Telephone or Other Means”) and changes to the allocation of future Purchase Payments (see “Purchase Allocation of Purchase Payments”). We may from time to time permit requests for other types of transactions to be made by telephone or Internet. All transaction requests must be in Good Order. Contact us for further information. Some selling firms may restrict the ability of their financial representatives to convey transaction requests by telephone or Internet on your behalf.
We will use reasonable procedures such as requiring certain identifying information, tape recording the telephone instructions, and providing written confirmation of the transaction, in order to confirm that instructions communicated by telephone, fax, Internet or other means are genuine. Any telephone, fax or Internet instructions reasonably believed by us to be genuine will be your responsibility, including losses arising from any errors in the communication of instructions. As a result of this policy, you will bear the risk of loss. If we do not employ reasonable procedures to confirm that instructions communicated by telephone, fax or Internet are genuine, we may be liable for any losses due to unauthorized or fraudulent transactions. All other requests and elections under your contract must be in writing signed by the proper party, must include any necessary documentation and must be received at our Annuity Service Center to be effective. If acceptable to us, requests or elections relating to Beneficiaries and Ownership will take effect as of the date signed unless we have already acted in reliance on the prior status. We are not responsible for the validity of any written request or action.
We are not a fiduciary and do not give advice or make recommendations regarding insurance or investment products. Ask your financial representative for guidance regarding any requests or elections and for information about your particular investment needs. Please bear in mind that your financial representative, or any financial firm or financial professional you consult to provide advice, is not acting on our behalf. We do not recommend and are not responsible for any securities transactions or investment strategies involving securities (including account recommendations).
Good Order. A request or transaction generally is considered in Good Order if it complies with our administrative procedures and the required information is complete and accurate. A request or transaction may be rejected or delayed if not in Good Order. Good Order generally means the actual receipt by us of the instructions relating to the requested transaction in writing (or, when permitted, by telephone or Internet as described above) along with all forms, information and supporting legal documentation necessary to effect the transaction. This information and documentation generally includes to the extent applicable to the transaction: your completed application; your contract number; the transaction amount (in dollars or percentage terms); the names and allocations to and/or from the Investment Portfolios affected by the requested transaction; the signatures of all contract Owners (exactly as indicated on the contract), if necessary; Social
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Security Number or Tax I.D.; and any other information or supporting documentation that we may require, including any spousal or Joint Owner’s consents. With respect to Purchase Payments, Good Order also generally includes receipt by us of sufficient funds to effect the purchase. We may, in our sole discretion, determine whether any particular transaction request is in Good Order, and we reserve the right to change or waive any Good Order requirement at any time. If you have any questions, you should contact us or your financial representative before submitting the form or request.
Telephone and Computer Systems. Telephone and computer systems may not always be available. Any telephone or computer system, whether it is yours, your service provider's, your agent's, or ours, can experience outages or slowdowns for a variety of reasons. These outages or slowdowns may delay or prevent our processing of your request. Although we have taken precautions to help our systems handle heavy use, we cannot promise complete reliability under all circumstances. If you experience technical difficulties or problems, you should make your transaction request in writing to our Annuity Service Center.
Cybersecurity and Certain Business Continuity Risks. Our variable annuity contract business is largely conducted through digital communications and data storage networks and systems operated by us and our service providers or other business partners (e.g., the Investment Portfolios and the firms involved in the distribution and sale of our variable annuity contracts). For example, many routine operations, such as processing Owners’ requests and elections and day-to-day recordkeeping, are all executed through computer networks and systems.
We have established administrative and technical controls and a business continuity plan to protect our operations against cybersecurity breaches. Despite these protocols, a cybersecurity breach could have a material, negative impact on BLIC and the Separate Account, as well as individual Owners and their contracts. Our operations also could be negatively affected by a cybersecurity breach at a third party, such as a governmental or regulatory authority or another participant in the financial markets.
Cybersecurity breaches can be intentional or unintentional events, and can occur through unauthorized access to computer systems, networks or devices; infection from computer viruses or other malicious software code; or attacks that shut down, disable, slow or otherwise disrupt operations, business processes or website access or functionality. Other disruptive events, including (but not
limited to) natural disasters and public health crises, may adversely affect our ability to conduct business, in particular if our employees or the employees of our service providers are unable or unwilling to perform their responsibilities as a result of any such event. Cybersecurity breaches and other disruptions to our business operations can interfere with our processing of contract transactions, including the processing of transfer orders from our website or with the Investment Portfolios; impact our ability to calculate Accumulation Unit values; cause the release and possible destruction of confidential Owner or business information; or impede order processing or cause other operational issues.
Cybersecurity breaches may also impact the issuers of securities in which the Investment Portfolios invest, and it is possible the funds underlying your contract could lose value. There can be no assurance that we or our service providers or the Investment Portfolios will avoid losses affecting your contract due to cyber-attacks or information security breaches in the future.
Although we continually make efforts to identify and reduce our exposure to cybersecurity risk, there is no guarantee that we will be able to successfully manage and mitigate this risk at all times. Furthermore, we cannot control the cybersecurity plans and systems implemented by third parties, including service providers or issuers of securities in which the Investment Portfolios invest.
COVID-19. The outbreak of the novel coronavirus known as COVID-19 was declared a pandemic by the World Health Organization in March 2020. The pandemic has resulted in significant financial market volatility, a deterioration in general economic conditions, record-low interest rates, global business disruptions affecting companies across various industries, and wide-ranging changes in consumer behavior. The duration and impact of the COVID-19 public health crisis on the financial markets and overall economy are uncertain, as is the efficacy of government and central bank interventions. Although the Company has implemented risk management and contingency plans and taken preventative measures and other precautions so it can continue to provide products and services to its customers, it is not currently possible to accurately estimate the full impact that the COVID-19 pandemic will have on the Company. The Company continues to closely monitor this evolving situation, including the impact on services provided by third-party vendors. However, there can be no assurance that any future impact from the COVID-19 pandemic will not be significant to the Company and/or with respect to the
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services the Company or its customers receive from third-party vendors.
Significant market volatility and negative investment returns in the financial markets resulting from the COVID-19 pandemic could have a negative impact on returns of the Investment Portfolios in which the Separate Account invests. Declines in or sustained low interest rates can cause a reduction in investment income for the Investment Portfolios. If these market conditions continue, and depending on your individual circumstances (e.g., your selected investment options and the timing of any transfers or withdrawals), you may experience (perhaps significant) negative returns under the contract. You should consult with your financial representative about how the COVID-19 pandemic and the recent market conditions may impact your future investment decisions related to the contract, such as making subsequent Purchase Payments, transfers, or withdrawals, based on your individual circumstances.
Confirming Transactions. We will send out written statements confirming that a transaction was recently completed. Unless you inform us of any errors within 60 days of receipt, we will consider these communications to be accurate and complete.
Ownership
Owner. You, as the Owner of the contract, have all the interest and rights under the contract.
These rights include the right to:
change the Beneficiary.
change the Annuitant before the Annuity Date (subject to our underwriting and administrative rules).
assign the contract (subject to limitation).
change the payment option.
exercise all other rights, benefits, options and privileges allowed by the contract or us.
The Owner is as designated at the time the contract is issued, unless changed. Any change of Owner is subject to our underwriting rules in effect at the time of the request.
Joint Owner. The contract can be owned by Joint Owners, limited to two natural persons. Upon the death of either Owner, the surviving Owner will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary unless otherwise indicated.
Beneficiary. The Beneficiary is the person(s) or entity you name to receive any death benefit. The Beneficiary is
named at the time the contract is issued unless changed at a later date. Unless an irrevocable Beneficiary has been named, you can change the Beneficiary at any time before you die. If Joint Owners are named, unless you tell us otherwise, the surviving Joint Owner will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary (unless you tell us otherwise).
Abandoned Property Requirements. Every state has unclaimed property laws which generally declare non-ERISA annuity contracts to be abandoned after a period of inactivity of three to five years from the contract’s maturity date (the latest day on which annuity payments may begin under the contract) or the date the death benefit is due and payable. For example, if the payment of a death benefit has been triggered, but, if after a thorough search, we are still unable to locate the Beneficiary of the death benefit, or the Beneficiary does not come forward to claim the death benefit in a timely manner, the death benefit will be paid to the abandoned property division or unclaimed property office of the state in which the Beneficiary or the Owner last resided, as shown on our books and records, or to our state of domicile. (Escheatment is the formal, legal name for this process.) However, the state is obligated to pay the death benefit (without interest) if your Beneficiary steps forward to claim it with the proper documentation. To prevent your contract's proceeds from being paid to the state's abandoned or unclaimed property office, it is important that you update your Beneficiary designations, including addresses, if and as they change. Please call (888) 243-1932 to make such changes.
Annuitant. The Annuitant is the natural person(s) on whose life we base Annuity Payments. You can change the Annuitant at any time prior to the Annuity Date, unless an Owner is not a natural person. Any reference to Annuitant includes any joint Annuitant under an Annuity Option. The Owner and the Annuitant do not have to be the same person except as required under certain sections of the Internal Revenue Code or under a GMIB rider (see “Living Benefits — Guaranteed Income Benefits”).
Assignment. You can assign a Non-Qualified Contract at any time during your lifetime. We will not be bound by the assignment until the written notice of the assignment is recorded by us. We will not be liable for any payment or other action we take in accordance with the contract before we record the assignment. An assignment may be a taxable event.
If the contract is issued pursuant to a qualified plan, there may be limitations on your ability to assign the contract.
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Legal Proceedings
In the ordinary course of business, BLIC, similar to other life insurance companies, is involved in lawsuits (including class action lawsuits), arbitrations and other legal proceedings. Also, from time to time, state and federal regulators or other officials conduct formal and informal examinations or undertake other actions dealing with various aspects of the financial services and insurance industries. In some legal proceedings involving insurers, substantial damages have been sought and/or material settlement payments have been made.
It is not possible to predict with certainty the ultimate outcome of any pending legal proceeding or regulatory action. However, BLIC does not believe any such action or proceeding will have a material adverse effect upon the Separate Account or upon the ability of Brighthouse Securities, LLC to perform its contract with the Separate Account or of BLIC to meet its obligations under the contracts.
Financial Statements
Our financial statements and the financial statements of the Separate Account have been included in the SAI.
Table of Contents of the Statement of Additional Information
The Company
The Separate Account
Services
Independent Registered Public Accounting Firm
Custodian
Distribution
Calculation of Performance Information
     Total Return
Historical Unit Values
Reporting Agencies
Annuity Provisions
     Variable Annuity
Fixed Annuity
Mortality and Expense Guarantee
Legal or Regulatory Restrictions on Transactions
Additional Federal Tax Considerations
Condensed Financial Information
Financial Statements
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APPENDIX A
Condensed Financial Information
The following tables list the Condensed Financial Information (the Accumulation Unit value information for the Accumulation Units outstanding) for contracts issued as of December 31, 2020. See “Purchase — Accumulation Units” in the prospectus for information on how Accumulation Unit values are calculated. The first table presents Accumulation Unit values for the highest possible combination of Separate Account product charges and death benefit rider charges, and the second table presents Accumulation Unit values for the lowest possible combination of such charges. Charges for the optional Enhanced Death Benefits, Guaranteed Minimum Income Benefits, Lifetime Withdrawal Guarantees, Guaranteed
Withdrawal Benefits, and Guaranteed Minimum Accumulation Benefit are assessed by canceling Accumulation Units and, therefore, these charges are not reflected in the Accumulation Unit value. However, purchasing an optional Enhanced Death Benefit, Guaranteed Minimum Income Benefit, Lifetime Withdrawal Guarantee, Guaranteed Withdrawal Benefit, or Guaranteed Minimum Accumulation Benefit will result in a higher overall charge. The Statement of Additional Information (SAI) contains the Accumulation Unit values for all other possible combinations of Separate Account product charges and death benefit rider charges. (See Page 2 for how to obtain a copy of the SAI.)
 
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 10.121857 10.400935 1,548.1927
01/01/2013 to 12/31/2013 10.400935 11.291764 0.0000
01/01/2014 to 12/31/2014 11.291764 11.839979 1,429.4905
01/01/2015 to 12/31/2015 11.839979 11.631956 1,370.8222
01/01/2016 to 12/31/2016 11.631956 11.770379 1,306.3733
01/01/2017 to 12/31/2017 11.770379 13.063590 1,247.3157
01/01/2018 to 12/31/2018 13.063590 11.869204 1,193.7272
01/01/2019 to 12/31/2019 11.869204 13.689044 1,132.3701
01/01/2020 to 12/31/2020 13.689044 14.183992 7,916.4926
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.640495 9.216708 242,539.5938
01/01/2012 to 12/31/2012 9.216708 10.219389 231,802.9569
01/01/2013 to 12/31/2013 10.219389 11.831991 225,540.8624
01/01/2014 to 12/31/2014 11.831991 12.256288 196,388.9228
01/01/2015 to 12/31/2015 12.256288 11.887126 169,929.0699
01/01/2016 to 12/31/2016 11.887126 12.517861 154,536.5917
01/01/2017 to 12/31/2017 12.517861 14.289211 151,739.3128
01/01/2018 to 12/31/2018 14.289211 13.353748 146,311.9425
01/01/2019 to 12/31/2019 13.353748 15.590572 137,136.5378
01/01/2020 to 12/31/2020 15.590572 17.598454 65,186.3828
A-1

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.169761 8.533261 14,869.0079
01/01/2012 to 12/31/2012 8.533261 9.680757 14,440.3072
01/01/2013 to 12/31/2013 9.680757 11.830213 15,187.3469
01/01/2014 to 12/31/2014 11.830213 12.293563 12,461.6569
01/01/2015 to 12/31/2015 12.293563 11.917243 13,944.7055
01/01/2016 to 12/31/2016 11.917243 12.683313 13,290.2110
01/01/2017 to 12/31/2017 12.683313 15.034336 19,341.5149
01/01/2018 to 12/31/2018 15.034336 13.836058 14,963.0588
01/01/2019 to 12/31/2019 13.836058 16.709110 14,509.6098
01/01/2020 to 12/31/2020 16.709110 19.082307 46,021.2400
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 8.972087 8.360826 6,566.0414
01/01/2012 to 12/31/2012 8.360826 9.587508 3,140.4952
01/01/2013 to 12/31/2013 9.587508 12.154289 3,069.6801
01/01/2014 to 12/31/2014 12.154289 12.843545 3,030.1029
01/01/2015 to 12/31/2015 12.843545 13.359592 2,564.6647
01/01/2016 to 12/31/2016 13.359592 14.236733 2,080.5611
01/01/2017 to 12/31/2017 14.236733 17.787395 2,044.7297
01/01/2018 to 12/31/2018 17.787395 17.285239 2,014.4236
01/01/2019 to 12/31/2019 17.285239 22.006012 1,982.2798
01/01/2020 to 12/31/2020 22.006012 32.592134 1,855.2044
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.879721 9.669208 15,854.8228
01/01/2012 to 12/31/2012 9.669208 10.467085 25,239.7672
01/01/2013 to 12/31/2013 10.467085 11.606356 17,755.6801
01/01/2014 to 12/31/2014 11.606356 12.027714 15,269.0923
01/01/2015 to 12/31/2015 12.027714 11.663038 5,979.1606
01/01/2016 to 12/31/2016 11.663038 12.191115 5,630.8765
01/01/2017 to 12/31/2017 12.191115 13.452726 5,422.3931
01/01/2018 to 12/31/2018 13.452726 12.689837 5,309.1668
01/01/2019 to 12/31/2019 12.689837 14.397759 10,952.8951
01/01/2020 to 12/31/2020 14.397759 15.889387 11,557.5673
AQR Global Risk Balanced Sub-Account (Class B)
04/30/2012 to 12/31/2012 11.044292 11.375102 2,298.2240
01/01/2013 to 12/31/2013 11.375102 10.734070 889.9983
01/01/2014 to 12/31/2014 10.734070 10.903887 11,927.5333
01/01/2015 to 12/31/2015 10.903887 9.630929 11,859.9970
01/01/2016 to 12/31/2016 9.630929 10.250260 2,210.1815
01/01/2017 to 12/31/2017 10.250260 10.994352 2,118.2072
01/01/2018 to 12/31/2018 10.994352 10.055863 2,009.0594
01/01/2019 to 12/31/2019 10.055863 11.778700 1,889.6803
01/01/2020 to 12/31/2020 11.778700 11.852346 9,948.6015
BlackRock Global Tactical Strategies Sub-Account (Class B)
04/30/2012 to 12/31/2012 9.879135 10.134234 2,591.3113
01/01/2013 to 12/31/2013 10.134234 10.919310 997.6448
01/01/2014 to 12/31/2014 10.919310 11.296665 7,415.0898
01/01/2015 to 12/31/2015 11.296665 11.022257 8,231.1337
01/01/2016 to 12/31/2016 11.022257 11.243368 7,811.1014
01/01/2017 to 12/31/2017 11.243368 12.444629 7,400.1460
01/01/2018 to 12/31/2018 12.444629 11.280806 6,960.8194
01/01/2019 to 12/31/2019 11.280806 13.291520 6,765.6098
01/01/2020 to 12/31/2020 13.291520 13.541613 13,839.1440
A-2

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.119699 18.114760 7,566.5788
01/01/2012 to 12/31/2012 18.114760 20.618766 6,419.0454
01/01/2013 to 12/31/2013 20.618766 22.019652 6,123.1800
01/01/2014 to 12/31/2014 22.019652 22.216984 1,744.8216
01/01/2015 to 12/31/2015 22.216984 20.822624 1,740.5905
01/01/2016 to 12/31/2016 20.822624 23.182111 1,290.1127
01/01/2017 to 12/31/2017 23.182111 24.402347 1,288.3071
01/01/2018 to 12/31/2018 24.402347 23.147663 1,480.9348
01/01/2019 to 12/31/2019 23.147663 25.968418 1,223.0529
01/01/2020 to 12/31/2020 25.968418 27.267567 68.4751
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.943974 10.072799 77,111.1589
01/01/2012 to 12/31/2012 10.072799 11.484718 43,637.9382
01/01/2013 to 12/31/2013 11.484718 14.528204 42,033.6222
01/01/2014 to 12/31/2014 14.528204 14.912856 41,542.7620
01/01/2015 to 12/31/2015 14.912856 14.273905 40,190.9515
01/01/2016 to 12/31/2016 14.273905 15.194186 39,678.3983
01/01/2017 to 12/31/2017 15.194186 18.246373 35,368.2877
01/01/2018 to 12/31/2018 18.246373 16.026484 30,629.6135
01/01/2019 to 12/31/2019 16.026484 19.956342 25,918.6348
01/01/2020 to 12/31/2020 19.956342 23.178044 20,983.8569
Brighthouse Balanced Plus Sub-Account (Class B)
04/30/2012 to 12/31/2012 9.905838 10.299552 1,572.5347
01/01/2013 to 12/31/2013 10.299552 11.505203 0.0000
01/01/2014 to 12/31/2014 11.505203 12.322269 1,400.3798
01/01/2015 to 12/31/2015 12.322269 11.544052 1,342.9063
01/01/2016 to 12/31/2016 11.544052 12.219194 3,300.3412
01/01/2017 to 12/31/2017 12.219194 14.124468 9,674.5463
01/01/2018 to 12/31/2018 14.124468 12.778940 7,112.1109
01/01/2019 to 12/31/2019 12.778940 15.423677 6,704.8761
01/01/2020 to 12/31/2020 15.423677 16.950857 11,616.6655
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.501419 14.670583 12,351.0620
01/01/2012 to 12/31/2012 14.670583 16.905385 8,776.0831
01/01/2013 to 12/31/2013 16.905385 21.870920 8,115.0981
01/01/2014 to 12/31/2014 21.870920 21.729346 7,045.3031
01/01/2015 to 12/31/2015 21.729346 20.076622 6,231.8115
01/01/2016 to 12/31/2016 20.076622 25.739813 5,821.2946
01/01/2017 to 12/31/2017 25.739813 28.085305 5,594.5334
01/01/2018 to 12/31/2018 28.085305 23.250652 5,830.7947
01/01/2019 to 12/31/2019 23.250652 29.246139 4,503.2133
01/01/2020 to 12/31/2020 29.246139 28.401460 3,938.4560
A-3

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.026940 9.550631 9,840.7660
01/01/2012 to 12/31/2012 9.550631 11.090288 5,352.6002
01/01/2013 to 12/31/2013 11.090288 10.293074 5,362.4362
01/01/2014 to 12/31/2014 10.293074 9.398302 5,379.2584
01/01/2015 to 12/31/2015 9.398302 7.911856 5,082.8298
01/01/2016 to 12/31/2016 7.911856 8.617013 3,932.7389
01/01/2017 to 12/31/2017 8.617013 10.802043 3,885.2209
01/01/2018 to 12/31/2018 10.802043 9.053541 3,922.8815
01/01/2019 to 12/31/2019 9.053541 10.678191 3,895.6190
01/01/2020 to 12/31/2020 10.678191 13.276639 3,849.2365
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.157217 10.121066 0.0000
01/01/2012 to 12/31/2012 10.121066 10.609417 0.0000
01/01/2013 to 12/31/2013 10.609417 10.760554 10,331.8202
01/01/2014 to 12/31/2014 10.760554 10.587991 1,682.0072
01/01/2015 to 12/31/2015 10.587991 10.255700 1,682.0072
01/01/2016 to 12/31/2016 10.255700 10.946030 0.0000
01/01/2017 to 12/31/2017 10.946030 11.085687 0.0000
01/01/2018 to 12/31/2018 11.085687 10.860432 4,977.3178
01/01/2019 to 12/31/2019 10.860432 11.353749 4,977.3178
01/01/2020 to 12/31/2020 11.353749 11.318003 0.0000
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.986782 9.704401 0.0000
01/01/2012 to 12/31/2012 9.704401 9.894668 0.0000
01/01/2013 to 12/31/2013 9.894668 9.777034 1,615.3655
01/01/2014 to 12/31/2014 9.777034 9.650967 1,615.3655
01/01/2015 to 12/31/2015 9.650967 9.368123 1,615.3655
01/01/2016 to 12/31/2016 9.368123 9.437269 0.0000
01/01/2017 to 12/31/2017 9.437269 9.341428 0.0000
01/01/2018 to 12/31/2018 9.341428 9.163114 0.0000
01/01/2019 to 12/31/2019 9.163114 9.365231 0.0000
01/01/2020 to 12/31/2020 9.365231 9.341350 0.0000
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.008898 11.691777 0.0000
01/01/2012 to 12/31/2012 11.691777 13.050339 0.0000
01/01/2013 to 12/31/2013 13.050339 12.879466 0.0000
01/01/2014 to 12/31/2014 12.879466 12.723784 0.0000
01/01/2015 to 12/31/2015 12.723784 11.911193 0.0000
01/01/2016 to 12/31/2016 11.911193 11.736301 0.0000
01/01/2017 to 12/31/2017 11.736301 11.480472 0.0000
01/01/2018 to 12/31/2018 11.480472 11.324840 0.0000
01/01/2019 to 12/31/2019 11.324840 11.190961 0.0000
01/01/2020 to 12/31/2020 11.190961 10.284623 0.0000
A-4

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.385602 12.344828 7,400.2932
01/01/2012 to 12/31/2012 12.344828 15.190239 6,485.5892
01/01/2013 to 12/31/2013 15.190239 15.363471 4,305.7953
01/01/2014 to 12/31/2014 15.363471 16.997689 6,438.5737
01/01/2015 to 12/31/2015 16.997689 16.370152 6,285.7850
01/01/2016 to 12/31/2016 16.370152 16.129784 3,237.2068
01/01/2017 to 12/31/2017 16.129784 17.449267 3,197.8762
01/01/2018 to 12/31/2018 17.449267 15.568262 2,994.7207
01/01/2019 to 12/31/2019 15.568262 18.979586 2,800.1567
01/01/2020 to 12/31/2020 18.979586 17.607347 2,994.1815
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.548090 15.535040 16,811.5915
01/01/2012 to 12/31/2012 15.535040 19.610850 16,917.4820
01/01/2013 to 12/31/2013 19.610850 24.996047 15,551.7565
01/01/2014 to 12/31/2014 24.996047 23.001731 15,617.7281
01/01/2015 to 12/31/2015 23.001731 21.451370 14,702.9425
01/01/2016 to 12/31/2016 21.451370 22.666632 13,884.7530
01/01/2017 to 12/31/2017 22.666632 28.879195 13,175.1810
01/01/2018 to 12/31/2018 28.879195 21.442954 12,236.5291
01/01/2019 to 12/31/2019 21.442954 26.080399 10,112.9683
01/01/2020 to 12/31/2020 26.080399 26.776745 9,724.0538
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010556 1.041168 34,741.1910
01/01/2013 to 12/31/2013 1.041168 1.035913 19,362.9667
01/01/2014 to 12/31/2014 1.035913 1.068321 30,378.1635
01/01/2015 to 12/31/2015 1.068321 0.999624 29,762.3595
01/01/2016 to 12/31/2016 0.999624 1.090812 29,079.5198
01/01/2017 to 12/31/2017 1.090812 1.172108 27,937.7130
01/01/2018 to 12/31/2018 1.172108 1.071067 26,342.7232
01/01/2019 to 12/31/2019 1.071067 1.206050 24,638.0876
01/01/2020 to 12/31/2020 1.206050 1.297371 23,062.1769
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.756231 9.388730 0.0000
01/01/2012 to 12/31/2012 9.388730 10.859863 4,190.3153
01/01/2013 to 12/31/2013 10.859863 14.361659 4,355.1787
01/01/2014 to 12/31/2014 14.361659 15.334411 4,320.0316
01/01/2015 to 12/31/2015 15.334411 14.083829 4,267.3019
01/01/2016 to 12/31/2016 14.083829 16.136368 4,213.1377
01/01/2017 to 12/31/2017 16.136368 18.603242 4,190.3153
01/01/2018 to 12/31/2018 18.603242 15.960239 4,102.1798
01/01/2019 to 12/31/2019 15.960239 19.480102 4,102.1798
01/01/2020 to 12/31/2020 19.480102 18.930062 0.0000
A-5

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.785713 14.286804 11,945.8272
01/01/2012 to 12/31/2012 14.286804 16.497138 10,810.5149
01/01/2013 to 12/31/2013 16.497138 22.588233 10,495.4186
01/01/2014 to 12/31/2014 22.588233 23.808981 6,538.1807
01/01/2015 to 12/31/2015 23.808981 22.858296 7,327.1144
01/01/2016 to 12/31/2016 22.858296 24.880487 6,987.5030
01/01/2017 to 12/31/2017 24.880487 30.461199 6,517.2272
01/01/2018 to 12/31/2018 30.461199 27.057858 6,509.2166
01/01/2019 to 12/31/2019 27.057858 32.880566 5,244.2680
01/01/2020 to 12/31/2020 32.880566 50.345365 4,467.7514
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.710416 10.123168 0.0000
01/01/2014 to 12/31/2014 10.123168 10.391559 0.0000
01/01/2015 to 12/31/2015 10.391559 10.199220 0.0000
01/01/2016 to 12/31/2016 10.199220 10.184491 0.0000
01/01/2017 to 12/31/2017 10.184491 10.278051 0.0000
01/01/2018 to 12/31/2018 10.278051 10.040200 5,619.4741
01/01/2019 to 12/31/2019 10.040200 10.612642 5,619.4741
01/01/2020 to 12/31/2020 10.612642 11.183616 0.0000
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.094871 10.431885 149,096.3015
01/01/2012 to 12/31/2012 10.431885 10.689200 34,593.0734
01/01/2013 to 04/26/2013 10.689200 10.660590 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012610 1.043201 8,850.5486
01/01/2013 to 12/31/2013 1.043201 1.130926 0.0000
01/01/2014 to 12/31/2014 1.130926 1.181718 12,246.4286
01/01/2015 to 12/31/2015 1.181718 1.164592 11,743.8221
01/01/2016 to 12/31/2016 1.164592 1.170567 11,191.6852
01/01/2017 to 12/31/2017 1.170567 1.333927 10,685.7413
01/01/2018 to 12/31/2018 1.333927 1.209130 10,226.6515
01/01/2019 to 12/31/2019 1.209130 1.380799 9,701.0144
01/01/2020 to 12/31/2020 1.380799 1.513536 9,265.2580
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996720 1.033607 0.0000
01/01/2015 to 12/31/2015 1.033607 0.999668 0.0000
01/01/2016 to 12/31/2016 0.999668 0.995930 0.0000
01/01/2017 to 12/31/2017 0.995930 1.123545 0.0000
01/01/2018 to 04/30/2018 1.123545 1.092297 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.476134 12.006227 9,656.7305
01/01/2012 to 12/31/2012 12.006227 13.711396 6,099.1940
01/01/2013 to 12/31/2013 13.711396 15.686986 6,075.4347
01/01/2014 to 12/31/2014 15.686986 15.853887 6,053.4096
01/01/2015 to 12/31/2015 15.853887 15.675751 7,050.3267
01/01/2016 to 12/31/2016 15.675751 16.043144 6,991.1748
01/01/2017 to 12/31/2017 16.043144 19.271302 7,012.7154
01/01/2018 to 12/31/2018 19.271302 17.807108 6,435.3844
01/01/2019 to 12/31/2019 17.807108 22.181192 6,353.3728
01/01/2020 to 12/31/2020 22.181192 24.868519 4,501.2753
A-6

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 7.024312 7.084313 7,435.3455
01/01/2012 to 12/31/2012 7.084313 8.199476 12,152.8655
01/01/2013 to 12/31/2013 8.199476 11.661457 11,141.3299
01/01/2014 to 12/31/2014 11.661457 13.542662 20,344.2256
01/01/2015 to 12/31/2015 13.542662 12.694091 20,296.1523
01/01/2016 to 12/31/2016 12.694091 12.731606 20,282.3460
01/01/2017 to 12/31/2017 12.731606 14.726182 20,082.0792
01/01/2018 to 12/31/2018 14.726182 13.367040 10,219.8930
01/01/2019 to 12/31/2019 13.367040 16.133910 7,090.2872
01/01/2020 to 12/31/2020 16.133910 20.837200 6,986.7755
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 118.271990 106.813243 361.3936
01/01/2012 to 12/31/2012 106.813243 127.808886 700.6535
01/01/2013 to 12/31/2013 127.808886 160.777698 699.0220
01/01/2014 to 04/25/2014 160.777698 166.918757 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.356733 6.738276 0.0000
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.747456 11.166192 0.0000
01/01/2014 to 12/31/2014 11.166192 11.916933 0.0000
01/01/2015 to 12/31/2015 11.916933 11.499068 0.0000
01/01/2016 to 12/31/2016 11.499068 11.721885 0.0000
01/01/2017 to 12/31/2017 11.721885 13.230220 0.0000
01/01/2018 to 12/31/2018 13.230220 11.992780 0.0000
01/01/2019 to 12/31/2019 11.992780 14.257544 0.0000
01/01/2020 to 12/31/2020 14.257544 14.838770 0.0000
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.487514 11.763150 14,160.3777
01/01/2012 to 12/31/2012 11.763150 13.408086 13,890.1396
01/01/2013 to 12/31/2013 13.408086 15.618840 14,692.8771
01/01/2014 to 12/31/2014 15.618840 14.195762 12,186.2972
01/01/2015 to 12/31/2015 14.195762 13.620028 12,734.9444
01/01/2016 to 12/31/2016 13.620028 13.187219 12,845.8662
01/01/2017 to 12/31/2017 13.187219 16.508757 11,841.5368
01/01/2018 to 12/31/2018 16.508757 13.866447 11,362.5650
01/01/2019 to 12/31/2019 13.866447 17.379453 10,069.6681
01/01/2020 to 12/31/2020 17.379453 19.184285 8,645.0011
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999678 1.028818 0.0000
01/01/2015 to 12/31/2015 1.028818 0.949877 0.0000
01/01/2016 to 12/31/2016 0.949877 1.031023 0.0000
01/01/2017 to 12/31/2017 1.031023 1.134023 0.0000
01/01/2018 to 12/31/2018 1.134023 1.023451 0.0000
01/01/2019 to 12/31/2019 1.023451 1.219556 0.0000
01/01/2020 to 12/31/2020 1.219556 1.332290 0.0000
A-7

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.807593 13.904808 30,664.4321
01/01/2012 to 12/31/2012 13.904808 14.820325 29,837.5703
01/01/2013 to 12/31/2013 14.820325 13.133356 30,487.9215
01/01/2014 to 12/31/2014 13.133356 13.199453 25,877.5950
01/01/2015 to 12/31/2015 13.199453 12.491855 25,417.4648
01/01/2016 to 12/31/2016 12.491855 12.809851 22,895.4634
01/01/2017 to 12/31/2017 12.809851 12.947058 23,130.3238
01/01/2018 to 12/31/2018 12.947058 12.340076 23,209.7429
01/01/2019 to 12/31/2019 12.340076 13.050358 21,505.4333
01/01/2020 to 12/31/2020 13.050358 14.217735 17,868.3690
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.229285 15.348044 23,839.2582
01/01/2012 to 12/31/2012 15.348044 16.379459 26,241.4955
01/01/2013 to 12/31/2013 16.379459 15.692563 17,479.7771
01/01/2014 to 12/31/2014 15.692563 15.970629 15,042.3381
01/01/2015 to 12/31/2015 15.970629 15.600463 14,392.9937
01/01/2016 to 12/31/2016 15.600463 15.635815 22,278.1164
01/01/2017 to 12/31/2017 15.635815 15.961062 22,367.1831
01/01/2018 to 12/31/2018 15.961062 15.552506 22,624.1796
01/01/2019 to 12/31/2019 15.552506 16.476768 22,274.5306
01/01/2020 to 12/31/2020 16.476768 17.463182 18,897.9343
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.213446 10.681821 0.0000
01/01/2014 to 12/31/2014 10.681821 11.335310 0.0000
01/01/2015 to 12/31/2015 11.335310 10.933459 0.0000
01/01/2016 to 12/31/2016 10.933459 11.167146 0.0000
01/01/2017 to 12/31/2017 11.167146 12.705350 0.0000
01/01/2018 to 04/30/2018 12.705350 12.114008 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010588 1.061196 15,207.5419
01/01/2013 to 12/31/2013 1.061196 1.141356 0.0000
01/01/2014 to 12/31/2014 1.141356 1.201128 14,216.8789
01/01/2015 to 12/31/2015 1.201128 1.162915 13,633.3972
01/01/2016 to 12/31/2016 1.162915 1.200121 12,992.4312
01/01/2017 to 12/31/2017 1.200121 1.339923 12,405.0800
01/01/2018 to 12/31/2018 1.339923 1.185302 11,872.1187
01/01/2019 to 12/31/2019 1.185302 1.406608 11,261.9021
01/01/2020 to 12/31/2020 1.406608 1.402805 10,756.0332
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.113810 10.971413 21,983.0194
01/01/2012 to 12/31/2012 10.971413 12.091743 27,112.2233
01/01/2013 to 12/31/2013 12.091743 13.338259 9,851.8714
01/01/2014 to 12/31/2014 13.338259 13.785658 3,042.7821
01/01/2015 to 12/31/2015 13.785658 13.201081 4,805.3375
01/01/2016 to 12/31/2016 13.201081 13.640331 4,521.7185
01/01/2017 to 12/31/2017 13.640331 15.437664 4,262.2650
01/01/2018 to 12/31/2018 15.437664 14.094082 3,995.8074
01/01/2019 to 12/31/2019 14.094082 16.466328 3,939.3914
01/01/2020 to 12/31/2020 16.466328 17.663407 3,884.6031
A-8

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.712453 10.241345 12,253.4641
01/01/2012 to 12/31/2012 10.241345 11.505890 11,941.2756
01/01/2013 to 12/31/2013 11.505890 13.269809 26,397.0047
01/01/2014 to 12/31/2014 13.269809 13.658796 21,289.1845
01/01/2015 to 12/31/2015 13.658796 13.033183 20,734.0320
01/01/2016 to 12/31/2016 13.033183 13.606305 5,467.6969
01/01/2017 to 12/31/2017 13.606305 15.901136 5,397.4003
01/01/2018 to 12/31/2018 15.901136 14.171301 3,840.4706
01/01/2019 to 12/31/2019 14.171301 16.948853 1,694.1897
01/01/2020 to 12/31/2020 16.948853 18.333579 1,592.4619
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 45.577057 42.735067 11,931.8646
01/01/2012 to 12/31/2012 42.735067 49.241309 10,506.9202
01/01/2013 to 12/31/2013 49.241309 64.343522 9,951.6326
01/01/2014 to 12/31/2014 64.343522 71.195845 8,709.9421
01/01/2015 to 12/31/2015 71.195845 67.048301 8,257.0550
01/01/2016 to 12/31/2016 67.048301 75.933032 6,301.1527
01/01/2017 to 12/31/2017 75.933032 86.746051 5,912.3400
01/01/2018 to 12/31/2018 86.746051 76.960525 5,476.9005
01/01/2019 to 12/31/2019 76.960525 95.106607 4,582.2288
01/01/2020 to 12/31/2020 95.106607 95.556980 4,845.4219
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.743821 9.361116 5,508.9333
01/01/2012 to 12/31/2012 9.361116 10.393556 10,950.3677
01/01/2013 to 12/31/2013 10.393556 13.865864 11,373.6121
01/01/2014 to 12/31/2014 13.865864 15.273996 9,163.9595
01/01/2015 to 12/31/2015 15.273996 15.914878 12,250.5232
01/01/2016 to 12/31/2016 15.914878 16.511489 7,970.7766
01/01/2017 to 12/31/2017 16.511489 20.120069 7,812.1454
01/01/2018 to 12/31/2018 20.120069 19.219497 7,057.7125
01/01/2019 to 12/31/2019 19.219497 24.605620 6,980.6700
01/01/2020 to 12/31/2020 24.605620 29.780581 5,294.3616
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 22.571038 21.232402 2,551.2564
01/01/2012 to 12/31/2012 21.232402 23.784507 3,535.4212
01/01/2013 to 12/31/2013 23.784507 30.272867 2,207.8104
01/01/2014 to 12/31/2014 30.272867 32.421232 2,179.4728
01/01/2015 to 12/31/2015 32.421232 28.823792 2,141.2366
01/01/2016 to 12/31/2016 28.823792 32.519419 2,100.4282
01/01/2017 to 12/31/2017 32.519419 34.776127 2,075.7818
01/01/2018 to 12/31/2018 34.776127 30.517396 2,063.8631
01/01/2019 to 12/31/2019 30.517396 38.448759 2,050.0939
01/01/2020 to 12/31/2020 38.448759 40.422084 2,037.6259
A-9

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.569231 13.335804 6,654.1130
01/01/2012 to 12/31/2012 13.335804 15.384296 6,029.8551
01/01/2013 to 12/31/2013 15.384296 19.933545 7,146.6241
01/01/2014 to 12/31/2014 19.933545 22.046327 6,160.0312
01/01/2015 to 12/31/2015 22.046327 19.570475 6,036.4272
01/01/2016 to 12/31/2016 19.570475 21.636076 2,923.3129
01/01/2017 to 12/31/2017 21.636076 23.415484 2,811.9596
01/01/2018 to 12/31/2018 23.415484 19.828985 2,629.5487
01/01/2019 to 12/31/2019 19.828985 26.250568 1,873.3691
01/01/2020 to 12/31/2020 26.250568 26.335224 1,924.3667
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
04/30/2012 to 12/31/2012 10.669918 10.766039 5,543.6992
01/01/2013 to 12/31/2013 10.766039 10.040691 5,499.8745
01/01/2014 to 12/31/2014 10.040691 10.548620 5,455.4325
01/01/2015 to 12/31/2015 10.548620 10.347924 5,410.7525
01/01/2016 to 12/31/2016 10.347924 10.240734 5,359.8649
01/01/2017 to 12/31/2017 10.240734 10.263609 5,166.6448
01/01/2018 to 12/31/2018 10.263609 10.017421 4,832.5599
01/01/2019 to 12/31/2019 10.017421 10.517999 4,484.5740
01/01/2020 to 12/31/2020 10.517999 11.061747 4,149.8611
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 8.729641 9.518787 0.0000
01/01/2014 to 12/31/2014 9.518787 8.986811 0.0000
01/01/2015 to 12/31/2015 8.986811 8.587548 0.0000
01/01/2016 to 12/31/2016 8.587548 8.811773 0.0000
01/01/2017 to 12/31/2017 8.811773 11.611000 0.0000
01/01/2018 to 12/31/2018 11.611000 9.390212 0.0000
01/01/2019 to 12/31/2019 9.390212 12.144525 0.0000
01/01/2020 to 12/31/2020 12.144525 14.976654 0.0000
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.745788 7.322563 0.0000
01/01/2012 to 12/31/2012 7.322563 8.399056 0.0000
01/01/2013 to 04/26/2013 8.399056 8.684727 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.835627 9.607790 17,875.8712
01/01/2012 to 12/31/2012 9.607790 9.383419 4,431.5391
01/01/2013 to 12/31/2013 9.383419 9.165467 30,804.7418
01/01/2014 to 12/31/2014 9.165467 8.952578 5,792.8822
01/01/2015 to 12/31/2015 8.952578 8.744634 6,393.3534
01/01/2016 to 12/31/2016 8.744634 8.551099 4,061.3784
01/01/2017 to 12/31/2017 8.551099 8.406033 3,941.2180
01/01/2018 to 12/31/2018 8.406033 8.336896 15,972.6653
01/01/2019 to 12/31/2019 8.336896 8.296202 6,954.3404
01/01/2020 to 12/31/2020 8.296202 8.118555 6,881.5853
A-10

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 12.863632 13.034404 0.0000
01/01/2015 to 12/31/2015 13.034404 12.657094 0.0000
01/01/2016 to 12/31/2016 12.657094 12.923191 0.0000
01/01/2017 to 12/31/2017 12.923191 13.499003 0.0000
01/01/2018 to 12/31/2018 13.499003 12.839509 0.0000
01/01/2019 to 12/31/2019 12.839509 14.013212 11,000.8087
01/01/2020 to 12/31/2020 14.013212 14.989482 12,596.2374
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.399928 11.333436 167,347.5725
01/01/2012 to 12/31/2012 11.333436 12.276660 128,136.7773
01/01/2013 to 12/31/2013 12.276660 13.080317 89,691.1918
01/01/2014 to 04/25/2014 13.080317 13.148514 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.460934 11.182227 132,960.2817
01/01/2012 to 12/31/2012 11.182227 12.274811 150,513.9072
01/01/2013 to 12/31/2013 12.274811 13.695384 143,752.5329
01/01/2014 to 04/25/2014 13.695384 13.714905 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.145974 13.427236 200,752.7953
01/01/2015 to 12/31/2015 13.427236 12.974568 154,907.3448
01/01/2016 to 12/31/2016 12.974568 13.444756 138,097.4596
01/01/2017 to 12/31/2017 13.444756 14.531065 126,453.0769
01/01/2018 to 12/31/2018 14.531065 13.567103 123,662.8331
01/01/2019 to 12/31/2019 13.567103 15.318798 109,110.3795
01/01/2020 to 12/31/2020 15.318798 16.613615 106,259.1973
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.251810 10.803852 455,970.2298
01/01/2012 to 12/31/2012 10.803852 12.021637 449,657.9931
01/01/2013 to 12/31/2013 12.021637 14.022735 417,988.7249
01/01/2014 to 04/25/2014 14.022735 14.000460 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.997756 14.405580 422,887.5470
01/01/2015 to 12/31/2015 14.405580 13.892559 360,817.3511
01/01/2016 to 12/31/2016 13.892559 14.534087 310,441.5363
01/01/2017 to 12/31/2017 14.534087 16.288991 296,117.0144
01/01/2018 to 12/31/2018 16.288991 14.934174 295,477.0897
01/01/2019 to 12/31/2019 14.934174 17.420716 277,731.9381
01/01/2020 to 12/31/2020 17.420716 19.371718 270,567.9455
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.143395 10.463444 358,142.1234
01/01/2012 to 12/31/2012 10.463444 11.825687 316,452.9649
01/01/2013 to 12/31/2013 11.825687 14.544522 311,143.3443
01/01/2014 to 04/25/2014 14.544522 14.442436 0.0000
A-11

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.431502 9.050678 5,882.9679
01/01/2012 to 12/31/2012 9.050678 10.264683 5,829.1720
01/01/2013 to 04/26/2013 10.264683 11.017170 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.429432 14.935513 288,850.4466
01/01/2015 to 12/31/2015 14.935513 14.341121 263,767.0163
01/01/2016 to 12/31/2016 14.341121 15.148415 243,133.7972
01/01/2017 to 12/31/2017 15.148415 17.633080 220,307.5075
01/01/2018 to 12/31/2018 17.633080 15.824162 156,023.2047
01/01/2019 to 12/31/2019 15.824162 19.124226 130,299.8366
01/01/2020 to 12/31/2020 19.124226 21.778696 116,349.5225
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.896227 13.414930 7,886.2468
01/01/2012 to 12/31/2012 13.414930 14.619130 7,748.1251
01/01/2013 to 12/31/2013 14.619130 19.493152 7,209.3136
01/01/2014 to 12/31/2014 19.493152 19.359054 6,957.0896
01/01/2015 to 12/31/2015 19.359054 17.081732 6,146.1681
01/01/2016 to 12/31/2016 17.081732 20.464549 5,024.4803
01/01/2017 to 12/31/2017 20.464549 22.497329 4,735.2860
01/01/2018 to 12/31/2018 22.497329 19.023668 4,408.9183
01/01/2019 to 12/31/2019 19.023668 22.937244 3,233.4509
01/01/2020 to 12/31/2020 22.937244 23.742880 2,934.5117
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.892261 13.818716 679.0649
01/01/2012 to 12/31/2012 13.818716 15.912579 0.0000
01/01/2013 to 12/31/2013 15.912579 19.833393 0.0000
01/01/2014 to 12/31/2014 19.833393 18.075726 0.0000
01/01/2015 to 12/31/2015 18.075726 18.671989 0.0000
01/01/2016 to 12/31/2016 18.671989 19.300983 0.0000
01/01/2017 to 12/31/2017 19.300983 24.594603 0.0000
01/01/2018 to 12/31/2018 24.594603 19.080802 0.0000
01/01/2019 to 12/31/2019 19.080802 22.930822 0.0000
01/01/2020 to 12/31/2020 22.930822 24.365696 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 42.147805 42.630604 0.0000
01/01/2017 to 12/31/2017 42.630604 49.476301 0.0000
01/01/2018 to 12/31/2018 49.476301 48.150103 0.0000
01/01/2019 to 12/31/2019 48.150103 61.444522 0.0000
01/01/2020 to 12/31/2020 61.444522 66.598028 646.2427
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 15.990177 14.858508 0.0000
01/01/2012 to 12/31/2012 14.858508 16.017563 0.0000
01/01/2013 to 12/31/2013 16.017563 20.763935 0.0000
01/01/2014 to 12/31/2014 20.763935 22.498790 4,706.7621
01/01/2015 to 12/31/2015 22.498790 21.921118 4,706.7621
01/01/2016 to 04/29/2016 21.921118 21.989203 0.0000
A-12

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 11.959062 11.193630 43,175.1037
01/01/2012 to 12/31/2012 11.193630 12.320915 41,780.2360
01/01/2013 to 12/31/2013 12.320915 16.069983 40,801.0129
01/01/2014 to 12/31/2014 16.069983 17.336512 36,290.7875
01/01/2015 to 12/31/2015 17.336512 17.317669 33,889.3398
01/01/2016 to 12/31/2016 17.317669 18.125312 30,591.6191
01/01/2017 to 12/31/2017 18.125312 21.055465 29,608.7433
01/01/2018 to 12/31/2018 21.055465 20.512418 27,425.4551
01/01/2019 to 12/31/2019 20.512418 26.201436 22,807.9796
01/01/2020 to 12/31/2020 26.201436 28.426752 18,877.7835
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 13.789707 16.333892 5,312.0399
01/01/2014 to 12/31/2014 16.333892 17.689707 5,183.8254
01/01/2015 to 12/31/2015 17.689707 17.728792 4,733.8337
01/01/2016 to 12/31/2016 17.728792 18.210180 3,620.4212
01/01/2017 to 12/31/2017 18.210180 22.224142 3,498.1094
01/01/2018 to 12/31/2018 22.224142 20.424112 3,330.8294
01/01/2019 to 12/31/2019 20.424112 26.500982 2,614.3266
01/01/2020 to 12/31/2020 26.500982 34.007701 2,593.8226
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 13.608307 12.300451 5,442.8594
01/01/2012 to 12/31/2012 12.300451 12.736397 5,542.2012
01/01/2013 to 04/26/2013 12.736397 13.701708 0.0000
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.448615 11.208041 12,737.7411
01/01/2012 to 12/31/2012 11.208041 12.649386 31,276.1456
01/01/2013 to 12/31/2013 12.649386 16.894212 31,277.4971
01/01/2014 to 12/31/2014 16.894212 17.944636 30,430.7542
01/01/2015 to 12/31/2015 17.944636 19.375220 28,337.5999
01/01/2016 to 12/31/2016 19.375220 18.900647 21,825.8816
01/01/2017 to 12/31/2017 18.900647 25.292357 19,688.0902
01/01/2018 to 12/31/2018 25.292357 24.729680 17,518.3517
01/01/2019 to 12/31/2019 24.729680 32.004690 14,742.7921
01/01/2020 to 12/31/2020 32.004690 48.883411 10,905.0186
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.687206 7.220677 7,581.4085
01/01/2012 to 12/31/2012 7.220677 7.945840 3,726.5411
01/01/2013 to 04/26/2013 7.945840 8.513370 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.817691 7.531055 25,147.6782
01/01/2012 to 04/27/2012 7.531055 8.446252 0.0000
A-13

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 13.852313 14.498999 0.0000
01/01/2012 to 12/31/2012 14.498999 14.667869 0.0000
01/01/2013 to 12/31/2013 14.667869 13.958904 0.0000
01/01/2014 to 12/31/2014 13.958904 14.379136 1,775.7190
01/01/2015 to 12/31/2015 14.379136 14.037237 1,759.8753
01/01/2016 to 12/31/2016 14.037237 13.997294 0.0000
01/01/2017 to 12/31/2017 13.997294 14.074735 0.0000
01/01/2018 to 12/31/2018 14.074735 13.678546 0.0000
01/01/2019 to 12/31/2019 13.678546 14.475559 945.0219
01/01/2020 to 12/31/2020 14.475559 15.112472 809.9768
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 15.522231 14.822831 2,419.1166
01/01/2012 to 12/31/2012 14.822831 16.976483 1,920.8806
01/01/2013 to 12/31/2013 16.976483 22.013567 253.9620
01/01/2014 to 12/31/2014 22.013567 23.483116 252.5824
01/01/2015 to 12/31/2015 23.483116 22.323500 251.2040
01/01/2016 to 12/31/2016 22.323500 26.184184 249.6762
01/01/2017 to 12/31/2017 26.184184 29.568721 248.2483
01/01/2018 to 12/31/2018 29.568721 25.538291 246.8535
01/01/2019 to 12/31/2019 25.538291 31.316063 245.4327
01/01/2020 to 12/31/2020 31.316063 34.583893 242.4668
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 11.259256 9.606541 0.0000
01/01/2012 to 12/31/2012 9.606541 11.065492 0.0000
01/01/2013 to 12/31/2013 11.065492 13.125592 0.0000
01/01/2014 to 12/31/2014 13.125592 12.009045 0.0000
01/01/2015 to 12/31/2015 12.009045 11.576302 0.0000
01/01/2016 to 12/31/2016 11.576302 11.416956 0.0000
01/01/2017 to 12/31/2017 11.416956 13.889918 0.0000
01/01/2018 to 12/31/2018 13.889918 11.649517 0.0000
01/01/2019 to 12/31/2019 11.649517 13.834267 0.0000
01/01/2020 to 12/31/2020 13.834267 14.527814 0.0000
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 15.654299 14.629578 0.0000
01/01/2012 to 12/31/2012 14.629578 16.566404 1,580.9549
01/01/2013 to 12/31/2013 16.566404 22.350536 254.7067
01/01/2014 to 12/31/2014 22.350536 22.864016 253.3230
01/01/2015 to 12/31/2015 22.864016 21.319765 251.9408
01/01/2016 to 12/31/2016 21.319765 25.182355 4,446.8073
01/01/2017 to 12/31/2017 25.182355 28.116542 4,418.1117
01/01/2018 to 12/31/2018 28.116542 24.382467 4,391.0018
01/01/2019 to 12/31/2019 24.382467 29.818482 4,362.1959
01/01/2020 to 12/31/2020 29.818482 34.733194 4,321.8812
A-14

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.091236 11.011323 1,887.5793
01/01/2012 to 12/31/2012 11.011323 12.413552 1,855.0487
01/01/2013 to 12/31/2013 12.413552 15.968932 1,914.6330
01/01/2014 to 12/31/2014 15.968932 17.641215 7,875.6046
01/01/2015 to 12/31/2015 17.641215 17.388844 7,368.5453
01/01/2016 to 12/31/2016 17.388844 18.918356 461.1223
01/01/2017 to 12/31/2017 18.918356 22.404035 427.9170
01/01/2018 to 12/31/2018 22.404035 20.823621 2,039.4407
01/01/2019 to 12/31/2019 20.823621 26.604931 2,053.5216
01/01/2020 to 12/31/2020 26.604931 30.617587 379.4298
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 16.420689 19.064219 1,946.3791
01/01/2014 to 12/31/2014 19.064219 20.588240 1,941.5708
01/01/2015 to 12/31/2015 20.588240 20.036733 1,936.7671
01/01/2016 to 12/31/2016 20.036733 22.330102 1,931.4420
01/01/2017 to 12/31/2017 22.330102 25.648227 1,926.4654
01/01/2018 to 12/31/2018 25.648227 22.483673 1,921.6047
01/01/2019 to 12/31/2019 22.483673 28.516079 1,916.6526
01/01/2020 to 12/31/2020 28.516079 28.870413 1,906.3154
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.674061 8.426655 1,688.7295
01/01/2012 to 12/31/2012 8.426655 9.375259 1,688.7295
01/01/2013 to 04/26/2013 9.375259 10.238801 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 15.009705 18.624277 5,866.3856
01/01/2014 to 12/31/2014 18.624277 18.136985 4,690.9707
01/01/2015 to 12/31/2015 18.136985 17.783036 4,349.5382
01/01/2016 to 12/31/2016 17.783036 20.565171 3,884.2734
01/01/2017 to 12/31/2017 20.565171 23.200292 3,450.9930
01/01/2018 to 12/31/2018 23.200292 21.075469 3,137.1132
01/01/2019 to 12/31/2019 21.075469 26.639630 2,867.5383
01/01/2020 to 12/31/2020 26.639630 32.461671 2,533.1718
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.493324 13.410358 6,626.9149
01/01/2012 to 12/31/2012 13.410358 13.789528 6,592.9777
01/01/2013 to 04/26/2013 13.789528 14.906563 0.0000
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 6.498270 8.152908 33,572.4516
01/01/2014 to 12/31/2014 8.152908 8.666404 18,221.8788
01/01/2015 to 12/31/2015 8.666404 9.355029 28,050.8082
01/01/2016 to 12/31/2016 9.355029 9.277723 25,726.0138
01/01/2017 to 12/31/2017 9.277723 12.096883 24,687.1365
01/01/2018 to 12/31/2018 12.096883 11.677966 24,003.9720
01/01/2019 to 12/31/2019 11.677966 14.896087 22,484.2787
01/01/2020 to 12/31/2020 14.896087 19.880473 22,731.5047
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.434519 5.663397 19,221.7505
01/01/2012 to 12/31/2012 5.663397 6.201472 19,315.9295
01/01/2013 to 04/26/2013 6.201472 6.465455 0.0000
A-15

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
2.35% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.430123 15.000805 0.0000
01/01/2012 to 12/31/2012 15.000805 15.028268 0.0000
01/01/2013 to 12/31/2013 15.028268 16.257933 0.0000
01/01/2014 to 12/31/2014 16.257933 12.890752 0.0000
01/01/2015 to 12/31/2015 12.890752 8.466348 0.0000
01/01/2016 to 12/31/2016 8.466348 11.886969 0.0000
01/01/2017 to 12/31/2017 11.886969 11.525626 0.0000
01/01/2018 to 12/31/2018 11.525626 8.008478 0.0000
01/01/2019 to 12/31/2019 8.008478 8.788568 0.0000
01/01/2020 to 12/31/2020 8.788568 10.401843 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 24.447676 25.198407 13,617.4312
01/01/2017 to 12/31/2017 25.198407 26.567365 12,703.7187
01/01/2018 to 12/31/2018 26.567365 24.902777 13,321.0126
01/01/2019 to 12/31/2019 24.902777 27.786878 12,069.2823
01/01/2020 to 12/31/2020 27.786878 28.934596 10,623.0774
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 21.794157 22.238455 20,773.2952
01/01/2012 to 12/31/2012 22.238455 24.531400 19,796.7996
01/01/2013 to 12/31/2013 24.531400 25.873580 20,409.0099
01/01/2014 to 12/31/2014 25.873580 26.493084 15,113.7335
01/01/2015 to 12/31/2015 26.493084 25.314991 14,395.2415
01/01/2016 to 04/29/2016 25.314991 26.003069 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 24.946880 25.735465 6,491.1156
01/01/2017 to 12/31/2017 25.735465 27.146876 6,459.6208
01/01/2018 to 12/31/2018 27.146876 25.474731 4,269.2118
01/01/2019 to 12/31/2019 25.474731 28.440750 4,232.5333
01/01/2020 to 12/31/2020 28.440750 29.659965 4,183.1273
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 12.126306 12.254926 766.7214
01/01/2012 to 12/31/2012 12.254926 13.339894 4,645.9016
01/01/2013 to 12/31/2013 13.339894 13.213892 6,298.6430
01/01/2014 to 12/31/2014 13.213892 13.480410 6,285.1275
01/01/2015 to 12/31/2015 13.480410 12.975399 12,302.1119
01/01/2016 to 04/29/2016 12.975399 13.255695 0.0000
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.901826 15.323164 1,006.2018
01/01/2012 to 12/31/2012 15.323164 15.421504 1,000.7094
01/01/2013 to 12/31/2013 15.421504 14.926945 1,137.7797
01/01/2014 to 12/31/2014 14.926945 14.952064 1,120.6933
01/01/2015 to 12/31/2015 14.952064 14.649616 1,062.4056
01/01/2016 to 12/31/2016 14.649616 14.455502 1,002.5964
01/01/2017 to 12/31/2017 14.455502 14.357321 974.5127
01/01/2018 to 12/31/2018 14.357321 14.119861 936.6438
01/01/2019 to 12/31/2019 14.119861 14.589104 903.7922
01/01/2020 to 12/31/2020 14.589104 14.949267 870.7965
A-16

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.998082 9.713095 5,671,057.1241
01/01/2012 to 12/31/2012 9.713095 10.506265 7,885,757.5088
01/01/2013 to 12/31/2013 10.506265 11.474744 7,558,395.9363
01/01/2014 to 12/31/2014 11.474744 12.104244 6,812,970.5138
01/01/2015 to 12/31/2015 12.104244 11.963151 6,316,179.3101
01/01/2016 to 12/31/2016 11.963151 12.178353 5,764,592.9691
01/01/2017 to 12/31/2017 12.178353 13.597468 5,219,274.9340
01/01/2018 to 12/31/2018 13.597468 12.429073 4,729,453.7157
01/01/2019 to 12/31/2019 12.429073 14.421005 4,331,798.7562
01/01/2020 to 12/31/2020 14.421005 15.032587 3,936,959.1426
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.797260 9.422832 15,174,256.5760
01/01/2012 to 12/31/2012 9.422832 10.511129 14,559,008.3347
01/01/2013 to 12/31/2013 10.511129 12.242973 13,341,702.2998
01/01/2014 to 12/31/2014 12.242973 12.758332 14,084,098.2402
01/01/2015 to 12/31/2015 12.758332 12.448539 11,930,285.7531
01/01/2016 to 12/31/2016 12.448539 13.187937 11,642,578.6763
01/01/2017 to 12/31/2017 13.187937 15.144404 10,849,517.7242
01/01/2018 to 12/31/2018 15.144404 14.238639 10,043,663.8476
01/01/2019 to 12/31/2019 14.238639 16.723708 9,141,028.2082
01/01/2020 to 12/31/2020 16.723708 18.991411 8,629,935.3075
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.318900 8.724143 10,335,102.1630
01/01/2012 to 12/31/2012 8.724143 9.957163 9,598,131.9531
01/01/2013 to 12/31/2013 9.957163 12.241176 9,920,133.1742
01/01/2014 to 12/31/2014 12.241176 12.797185 9,667,360.0381
01/01/2015 to 12/31/2015 12.797185 12.480129 9,519,750.8073
01/01/2016 to 12/31/2016 12.480129 13.362298 9,054,112.4329
01/01/2017 to 12/31/2017 13.362298 15.934169 8,622,619.7450
01/01/2018 to 12/31/2018 15.934169 14.752960 8,005,390.1718
01/01/2019 to 12/31/2019 14.752960 17.923604 7,258,736.3324
01/01/2020 to 12/31/2020 17.923604 20.592808 6,741,443.2318
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.118054 8.547889 3,779,309.3913
01/01/2012 to 12/31/2012 8.547889 9.861290 3,496,682.2292
01/01/2013 to 12/31/2013 9.861290 12.576555 3,014,569.2270
01/01/2014 to 12/31/2014 12.576555 13.369741 2,791,364.6026
01/01/2015 to 12/31/2015 13.369741 13.990630 2,445,514.7955
01/01/2016 to 12/31/2016 13.990630 14.998904 2,259,572.2591
01/01/2017 to 12/31/2017 14.998904 18.852015 2,058,901.9169
01/01/2018 to 12/31/2018 18.852015 18.430712 1,817,062.9248
01/01/2019 to 12/31/2019 18.430712 23.605497 1,662,368.9454
01/01/2020 to 12/31/2020 23.605497 35.171743 1,423,083.0866
A-17

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 10.040347 9.885409 6,888,105.6463
01/01/2012 to 12/31/2012 9.885409 10.765856 6,344,947.1232
01/01/2013 to 12/31/2013 10.765856 12.009466 5,941,123.4244
01/01/2014 to 12/31/2014 12.009466 12.520354 5,519,929.3776
01/01/2015 to 12/31/2015 12.520354 12.213823 4,899,583.7886
01/01/2016 to 12/31/2016 12.213823 12.843658 4,788,458.0306
01/01/2017 to 12/31/2017 12.843658 14.257815 4,161,324.9758
01/01/2018 to 12/31/2018 14.257815 13.530683 3,789,658.5374
01/01/2019 to 12/31/2019 13.530683 15.444142 3,340,768.2905
01/01/2020 to 12/31/2020 15.444142 17.147006 3,169,439.6143
AQR Global Risk Balanced Sub-Account (Class B)
05/02/2011 to 12/31/2011 10.343087 10.579250 6,276,133.2224
01/01/2012 to 12/31/2012 10.579250 11.492134 11,347,962.7076
01/01/2013 to 12/31/2013 11.492134 10.909788 8,044,991.6999
01/01/2014 to 12/31/2014 10.909788 11.149090 6,600,461.7443
01/01/2015 to 12/31/2015 11.149090 9.906825 5,077,637.6431
01/01/2016 to 12/31/2016 9.906825 10.607334 4,500,670.2739
01/01/2017 to 12/31/2017 10.607334 11.445606 4,054,739.4641
01/01/2018 to 12/31/2018 11.445606 10.531983 3,643,761.6335
01/01/2019 to 12/31/2019 10.531983 12.410611 3,248,113.3055
01/01/2020 to 12/31/2020 12.410611 12.563569 2,946,166.4074
BlackRock Global Tactical Strategies Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.998082 9.545976 9,031,805.4922
01/01/2012 to 12/31/2012 9.545976 10.236873 11,694,984.7966
01/01/2013 to 12/31/2013 10.236873 11.096263 11,047,910.5106
01/01/2014 to 12/31/2014 11.096263 11.548820 10,025,429.9797
01/01/2015 to 12/31/2015 11.548820 11.336124 9,336,715.9611
01/01/2016 to 12/31/2016 11.336124 11.633112 8,512,617.3193
01/01/2017 to 12/31/2017 11.633112 12.953256 7,579,751.3027
01/01/2018 to 12/31/2018 12.953256 11.812954 6,919,527.2478
01/01/2019 to 12/31/2019 11.812954 14.002262 6,303,352.1158
01/01/2020 to 12/31/2020 14.002262 14.351813 5,546,056.3381
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 19.748068 19.861185 870,932.7152
01/01/2012 to 12/31/2012 19.861185 22.743320 981,519.8349
01/01/2013 to 12/31/2013 22.743320 24.434687 830,339.2561
01/01/2014 to 12/31/2014 24.434687 24.802021 596,045.2187
01/01/2015 to 12/31/2015 24.802021 23.385369 586,471.2775
01/01/2016 to 12/31/2016 23.385369 26.191865 651,769.4115
01/01/2017 to 12/31/2017 26.191865 27.735947 614,188.3058
01/01/2018 to 12/31/2018 27.735947 26.469088 479,180.2939
01/01/2019 to 12/31/2019 26.469088 29.873216 520,560.5208
01/01/2020 to 12/31/2020 29.873216 31.557003 458,785.1639
A-18

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.356251 10.515063 6,261,087.1205
01/01/2012 to 12/31/2012 10.515063 12.061485 5,606,319.8885
01/01/2013 to 12/31/2013 12.061485 15.349577 5,575,504.0722
01/01/2014 to 12/31/2014 15.349577 15.850816 5,069,985.6793
01/01/2015 to 12/31/2015 15.850816 15.263021 4,614,295.0948
01/01/2016 to 12/31/2016 15.263021 16.344835 4,024,702.7736
01/01/2017 to 12/31/2017 16.344835 19.745867 3,646,917.1746
01/01/2018 to 12/31/2018 19.745867 17.448594 3,067,420.1162
01/01/2019 to 12/31/2019 17.448594 21.857889 2,733,258.5682
01/01/2020 to 12/31/2020 21.857889 25.539737 2,411,726.4492
Brighthouse Balanced Plus Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.998082 9.361335 8,615,631.3042
01/01/2012 to 12/31/2012 9.361335 10.403852 11,258,006.2754
01/01/2013 to 12/31/2013 10.403852 11.691635 14,685,723.6325
01/01/2014 to 12/31/2014 11.691635 12.597290 14,755,323.6626
01/01/2015 to 12/31/2015 12.597290 11.872752 13,963,572.9500
01/01/2016 to 12/31/2016 11.872752 12.642725 13,075,071.6191
01/01/2017 to 12/31/2017 12.642725 14.701682 12,340,386.5334
01/01/2018 to 12/31/2018 14.701682 13.381705 11,593,322.9709
01/01/2019 to 12/31/2019 13.381705 16.248360 10,448,426.0780
01/01/2020 to 12/31/2020 16.248360 17.964905 9,659,703.4281
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 17.218453 15.400050 1,745,938.9641
01/01/2012 to 12/31/2012 15.400050 17.853291 1,477,939.5884
01/01/2013 to 12/31/2013 17.853291 23.236144 1,236,327.3402
01/01/2014 to 12/31/2014 23.236144 23.224704 1,048,635.0053
01/01/2015 to 12/31/2015 23.224704 21.587449 891,044.7786
01/01/2016 to 12/31/2016 21.587449 27.843274 767,078.9633
01/01/2017 to 12/31/2017 27.843274 30.562709 687,514.2546
01/01/2018 to 12/31/2018 30.562709 25.454856 596,316.4355
01/01/2019 to 12/31/2019 25.454856 32.211323 544,639.3791
01/01/2020 to 12/31/2020 32.211323 31.478203 522,619.7503
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.369549 9.881769 1,629,712.7032
01/01/2012 to 12/31/2012 9.881769 11.544206 1,554,775.7798
01/01/2013 to 12/31/2013 11.544206 10.778868 1,596,472.0004
01/01/2014 to 12/31/2014 10.778868 9.901143 1,558,190.3139
01/01/2015 to 12/31/2015 9.901143 8.385404 1,612,334.0163
01/01/2016 to 12/31/2016 8.385404 9.187708 1,437,497.2226
01/01/2017 to 12/31/2017 9.187708 11.586489 1,328,325.3335
01/01/2018 to 12/31/2018 11.586489 9.769851 1,333,077.5325
01/01/2019 to 12/31/2019 9.769851 11.592389 1,174,023.2397
01/01/2020 to 12/31/2020 11.592389 14.500305 996,497.8891
A-19

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.198534 10.223228 416,310.5234
01/01/2012 to 12/31/2012 10.223228 10.781338 538,503.6132
01/01/2013 to 12/31/2013 10.781338 11.000723 617,200.0755
01/01/2014 to 12/31/2014 11.000723 10.889452 409,711.8571
01/01/2015 to 12/31/2015 10.889452 10.611186 554,028.0772
01/01/2016 to 12/31/2016 10.611186 11.393584 580,528.7140
01/01/2017 to 12/31/2017 11.393584 11.608196 639,781.2203
01/01/2018 to 12/31/2018 11.608196 11.441141 508,603.4909
01/01/2019 to 12/31/2019 11.441141 12.032799 453,409.3801
01/01/2020 to 12/31/2020 12.032799 12.067311 409,422.7488
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.987604 9.743895 174,811.0396
01/01/2012 to 12/31/2012 9.743895 9.995045 363,101.3683
01/01/2013 to 12/31/2013 9.995045 9.935655 1,084,378.0769
01/01/2014 to 12/31/2014 9.935655 9.866566 1,217,483.6779
01/01/2015 to 12/31/2015 9.866566 9.635047 1,639,593.8880
01/01/2016 to 12/31/2016 9.635047 9.764572 1,436,270.8923
01/01/2017 to 12/31/2017 9.764572 9.723415 1,476,396.0589
01/01/2018 to 12/31/2018 9.723415 9.595525 1,440,441.4232
01/01/2019 to 12/31/2019 9.595525 9.866193 1,471,944.0212
01/01/2020 to 12/31/2020 9.866193 9.900424 1,236,565.0130
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.129841 11.880428 123,804.7905
01/01/2012 to 12/31/2012 11.880428 13.341128 79,334.4361
01/01/2013 to 12/31/2013 13.341128 13.245689 77,744.4143
01/01/2014 to 12/31/2014 13.245689 13.164349 73,911.1003
01/01/2015 to 12/31/2015 13.164349 12.397834 71,298.4042
01/01/2016 to 12/31/2016 12.397834 12.289311 67,262.3202
01/01/2017 to 12/31/2017 12.289311 12.093585 62,707.8252
01/01/2018 to 12/31/2018 12.093585 12.001863 59,310.1564
01/01/2019 to 12/31/2019 12.001863 11.931360 56,808.6629
01/01/2020 to 12/31/2020 11.931360 11.031262 56,178.4173
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.932543 12.926451 700,323.8114
01/01/2012 to 12/31/2012 12.926451 16.002101 679,389.0126
01/01/2013 to 12/31/2013 16.002101 16.282017 613,726.2284
01/01/2014 to 12/31/2014 16.282017 18.122311 766,114.7711
01/01/2015 to 12/31/2015 18.122311 17.558323 698,274.6675
01/01/2016 to 12/31/2016 17.558323 17.404553 659,523.4915
01/01/2017 to 12/31/2017 17.404553 18.941275 617,036.9436
01/01/2018 to 12/31/2018 18.941275 17.001771 582,039.5546
01/01/2019 to 12/31/2019 17.001771 20.851901 517,369.9898
01/01/2020 to 12/31/2020 20.851901 19.461137 524,971.3324
A-20

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 19.316214 16.275690 2,315,908.7036
01/01/2012 to 12/31/2012 16.275690 20.670059 2,030,456.0944
01/01/2013 to 12/31/2013 20.670059 26.504545 1,937,964.8981
01/01/2014 to 12/31/2014 26.504545 24.536719 1,902,582.2460
01/01/2015 to 12/31/2015 24.536719 23.020700 1,768,822.4687
01/01/2016 to 12/31/2016 23.020700 24.471249 1,625,716.8478
01/01/2017 to 12/31/2017 24.471249 31.365374 1,459,735.3285
01/01/2018 to 12/31/2018 31.365374 23.430083 1,387,154.3275
01/01/2019 to 12/31/2019 23.430083 28.668752 1,227,689.4405
01/01/2020 to 12/31/2020 28.668752 29.611921 1,119,579.0877
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010655 1.045471 13,589,493.2558
01/01/2013 to 12/31/2013 1.045471 1.046454 15,261,092.5902
01/01/2014 to 12/31/2014 1.046454 1.085687 13,343,071.8871
01/01/2015 to 12/31/2015 1.085687 1.021990 12,326,232.6915
01/01/2016 to 12/31/2016 1.021990 1.121928 14,226,390.9689
01/01/2017 to 12/31/2017 1.121928 1.212775 13,467,958.6054
01/01/2018 to 12/31/2018 1.212775 1.114938 12,569,632.1270
01/01/2019 to 12/31/2019 1.114938 1.263003 11,372,119.2127
01/01/2020 to 12/31/2020 1.263003 1.366833 10,711,980.5995
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.097738 9.777703 958,064.8916
01/01/2012 to 12/31/2012 9.777703 11.386622 1,057,626.4723
01/01/2013 to 12/31/2013 11.386622 15.149305 1,014,461.6831
01/01/2014 to 12/31/2014 15.149305 16.272764 1,419,527.6653
01/01/2015 to 12/31/2015 16.272764 15.035650 1,501,128.4135
01/01/2016 to 12/31/2016 15.035650 17.330567 1,508,561.1568
01/01/2017 to 12/31/2017 17.330567 20.099839 1,348,478.6999
01/01/2018 to 12/31/2018 20.099839 17.348646 1,265,949.8899
01/01/2019 to 12/31/2019 17.348646 21.302075 1,146,255.5080
01/01/2020 to 12/31/2020 21.302075 20.825586 1,158,395.2980
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.398109 14.967924 864,736.8237
01/01/2012 to 12/31/2012 14.967924 17.388169 784,137.3610
01/01/2013 to 12/31/2013 17.388169 23.951394 745,938.6184
01/01/2014 to 12/31/2014 23.951394 25.397771 657,045.6631
01/01/2015 to 12/31/2015 25.397771 24.530441 600,854.5033
01/01/2016 to 12/31/2016 24.530441 26.861220 583,220.6116
01/01/2017 to 12/31/2017 26.861220 33.083429 509,380.0986
01/01/2018 to 12/31/2018 33.083429 29.565139 460,100.0769
01/01/2019 to 12/31/2019 29.565139 36.143638 416,468.5464
01/01/2020 to 12/31/2020 36.143638 55.675259 344,079.3318
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 11.037623 10.474723 2,046,645.1401
01/01/2014 to 12/31/2014 10.474723 10.817135 1,908,590.6666
01/01/2015 to 12/31/2015 10.817135 10.680816 1,482,994.2190
01/01/2016 to 12/31/2016 10.680816 10.729571 1,450,260.0646
01/01/2017 to 12/31/2017 10.729571 10.893117 1,365,342.4832
01/01/2018 to 12/31/2018 10.893117 10.705424 1,263,340.4425
01/01/2019 to 12/31/2019 10.705424 11.383880 1,208,635.5094
01/01/2020 to 12/31/2020 11.383880 12.068719 1,273,373.6151
A-21

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.258953 10.665052 2,868,667.9830
01/01/2012 to 12/31/2012 10.665052 10.994233 2,799,901.7734
01/01/2013 to 04/26/2013 10.994233 10.965528 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012709 1.047513 5,781,678.2976
01/01/2013 to 12/31/2013 1.047513 1.142433 17,565,443.6952
01/01/2014 to 12/31/2014 1.142433 1.200926 20,522,830.2597
01/01/2015 to 12/31/2015 1.200926 1.190645 21,235,917.2204
01/01/2016 to 12/31/2016 1.190645 1.203955 20,275,621.1757
01/01/2017 to 12/31/2017 1.203955 1.380204 18,640,597.9273
01/01/2018 to 12/31/2018 1.380204 1.258652 17,841,421.9692
01/01/2019 to 12/31/2019 1.258652 1.445999 16,266,243.2754
01/01/2020 to 12/31/2020 1.445999 1.594566 15,008,420.2820
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996802 1.037898 91,213.1403
01/01/2015 to 12/31/2015 1.037898 1.009859 1,016,226.1903
01/01/2016 to 12/31/2016 1.009859 1.012137 1,138,770.1828
01/01/2017 to 12/31/2017 1.012137 1.148677 1,174,499.7384
01/01/2018 to 04/30/2018 1.148677 1.118918 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.831376 12.422254 897,186.6595
01/01/2012 to 12/31/2012 12.422254 14.272304 804,009.2089
01/01/2013 to 12/31/2013 14.272304 16.426933 684,376.7472
01/01/2014 to 12/31/2014 16.426933 16.701626 574,929.7539
01/01/2015 to 12/31/2015 16.701626 16.613369 499,172.6241
01/01/2016 to 12/31/2016 16.613369 17.105049 417,506.6311
01/01/2017 to 12/31/2017 17.105049 20.670092 349,342.0341
01/01/2018 to 12/31/2018 20.670092 19.215263 336,168.8306
01/01/2019 to 12/31/2019 19.215263 24.079240 346,550.1710
01/01/2020 to 12/31/2020 24.079240 27.159423 321,110.2100
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 7.310444 7.417176 2,092,369.8231
01/01/2012 to 12/31/2012 7.417176 8.636667 1,876,364.4859
01/01/2013 to 12/31/2013 8.636667 12.357081 2,349,066.1444
01/01/2014 to 12/31/2014 12.357081 14.436842 2,617,829.6241
01/01/2015 to 12/31/2015 14.436842 13.613734 2,596,366.5865
01/01/2016 to 12/31/2016 13.613734 13.736148 2,293,067.4522
01/01/2017 to 12/31/2017 13.736148 15.983387 2,044,022.7552
01/01/2018 to 12/31/2018 15.983387 14.596073 1,721,059.2148
01/01/2019 to 12/31/2019 14.596073 17.723360 1,472,565.7483
01/01/2020 to 12/31/2020 17.723360 23.028011 1,121,059.3646
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 140.581867 127.724425 16,857.9907
01/01/2012 to 12/31/2012 127.724425 153.754409 22,053.2380
01/01/2013 to 12/31/2013 153.754409 194.579444 26,499.0277
01/01/2014 to 04/25/2014 194.579444 202.393676 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.557220 6.964406 0.0000
A-22

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 1.077893 1.124426 4,035,944.2235
01/01/2014 to 12/31/2014 1.124426 1.207247 8,831,029.0449
01/01/2015 to 12/31/2015 1.207247 1.171927 9,947,645.3200
01/01/2016 to 12/31/2016 1.171927 1.201823 9,640,467.1588
01/01/2017 to 12/31/2017 1.201823 1.364606 9,326,316.7891
01/01/2018 to 12/31/2018 1.364606 1.244462 9,884,512.6402
01/01/2019 to 12/31/2019 1.244462 1.488372 8,967,565.5906
01/01/2020 to 12/31/2020 1.488372 1.558394 8,511,471.1317
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.036777 12.315804 1,451,252.3352
01/01/2012 to 12/31/2012 12.315804 14.122923 1,356,246.8699
01/01/2013 to 12/31/2013 14.122923 16.550500 1,220,678.8154
01/01/2014 to 12/31/2014 16.550500 15.133116 1,100,374.5092
01/01/2015 to 12/31/2015 15.133116 14.606784 1,037,707.0313
01/01/2016 to 12/31/2016 14.606784 14.227740 951,290.4147
01/01/2017 to 12/31/2017 14.227740 17.918161 818,774.5442
01/01/2018 to 12/31/2018 17.918161 15.141437 765,834.2134
01/01/2019 to 12/31/2019 15.141437 19.091625 688,061.8904
01/01/2020 to 12/31/2020 19.091625 21.201448 628,553.4458
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999760 1.033089 0.0000
01/01/2015 to 12/31/2015 1.033089 0.959564 177,860.9089
01/01/2016 to 12/31/2016 0.959564 1.047802 2,545,765.7390
01/01/2017 to 12/31/2017 1.047802 1.159392 2,824,830.6850
01/01/2018 to 12/31/2018 1.159392 1.052683 2,086,911.5363
01/01/2019 to 12/31/2019 1.052683 1.261936 1,925,879.6307
01/01/2020 to 12/31/2020 1.261936 1.386902 1,525,355.7081
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.411023 14.647270 3,925,981.3901
01/01/2012 to 12/31/2012 14.647270 15.706100 3,926,677.4296
01/01/2013 to 12/31/2013 15.706100 14.002111 3,292,234.6182
01/01/2014 to 12/31/2014 14.002111 14.157275 2,842,547.0512
01/01/2015 to 12/31/2015 14.157275 13.479002 2,435,278.1898
01/01/2016 to 12/31/2016 13.479002 13.905304 2,252,194.0343
01/01/2017 to 12/31/2017 13.905304 14.138586 2,262,643.9417
01/01/2018 to 12/31/2018 14.138586 13.557300 2,061,008.1305
01/01/2019 to 12/31/2019 13.557300 14.423918 1,856,809.7117
01/01/2020 to 12/31/2020 14.423918 15.808946 1,751,167.8820
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.849486 16.068936 7,781,167.3270
01/01/2012 to 12/31/2012 16.068936 17.252528 7,561,249.3533
01/01/2013 to 12/31/2013 17.252528 16.628506 6,568,373.0291
01/01/2014 to 12/31/2014 16.628506 17.024993 5,751,741.4106
01/01/2015 to 12/31/2015 17.024993 16.730484 4,325,908.6290
01/01/2016 to 12/31/2016 16.730484 16.869299 3,916,493.3498
01/01/2017 to 12/31/2017 16.869299 17.323540 3,958,841.3765
01/01/2018 to 12/31/2018 17.323540 16.982258 3,662,464.5900
01/01/2019 to 12/31/2019 16.982258 18.099741 3,340,588.8073
01/01/2020 to 12/31/2020 18.099741 19.299047 3,272,616.1274
A-23

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.215119 10.726847 285,431.0588
01/01/2014 to 12/31/2014 10.726847 11.451591 602,332.8281
01/01/2015 to 12/31/2015 11.451591 11.112109 2,008,844.4763
01/01/2016 to 12/31/2016 11.112109 11.417906 1,916,016.7790
01/01/2017 to 12/31/2017 11.417906 13.068566 1,817,169.3874
01/01/2018 to 04/30/2018 13.068566 12.484738 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010688 1.065582 6,185,048.1704
01/01/2013 to 12/31/2013 1.065582 1.152969 15,375,194.1818
01/01/2014 to 12/31/2014 1.152969 1.220650 15,798,590.7675
01/01/2015 to 12/31/2015 1.220650 1.188929 21,496,129.4921
01/01/2016 to 12/31/2016 1.188929 1.234350 20,030,101.6592
01/01/2017 to 12/31/2017 1.234350 1.386406 18,464,883.5768
01/01/2018 to 12/31/2018 1.386406 1.233846 31,080,883.5186
01/01/2019 to 12/31/2019 1.233846 1.473026 28,434,797.6847
01/01/2020 to 12/31/2020 1.473026 1.477909 25,875,292.2432
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.469830 11.390862 3,418,486.3701
01/01/2012 to 12/31/2012 11.390862 12.629955 3,190,895.8286
01/01/2013 to 12/31/2013 12.629955 14.015779 2,715,902.3492
01/01/2014 to 12/31/2014 14.015779 14.573082 2,572,478.0647
01/01/2015 to 12/31/2015 14.573082 14.039123 2,255,037.4453
01/01/2016 to 12/31/2016 14.039123 14.593535 2,070,850.8473
01/01/2017 to 12/31/2017 14.593535 16.615538 1,866,877.0784
01/01/2018 to 12/31/2018 16.615538 15.261291 1,676,347.8576
01/01/2019 to 12/31/2019 15.261291 17.937269 1,514,528.2170
01/01/2020 to 12/31/2020 17.937269 19.357392 1,397,617.2841
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.055654 10.632939 2,207,831.6137
01/01/2012 to 12/31/2012 10.632939 12.018082 2,284,146.2814
01/01/2013 to 12/31/2013 12.018082 13.943906 2,271,589.9336
01/01/2014 to 12/31/2014 13.943906 14.439035 2,188,708.7904
01/01/2015 to 12/31/2015 14.439035 13.860629 1,603,432.1289
01/01/2016 to 12/31/2016 13.860629 14.557192 1,426,111.1610
01/01/2017 to 12/31/2017 14.557192 17.114432 1,357,580.1376
01/01/2018 to 12/31/2018 17.114432 15.344975 1,182,233.2854
01/01/2019 to 12/31/2019 15.344975 18.462985 1,097,331.7112
01/01/2020 to 12/31/2020 18.462985 20.091933 1,035,453.8706
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 47.433661 44.743119 635,043.3189
01/01/2012 to 12/31/2012 44.743119 51.866902 590,548.9292
01/01/2013 to 12/31/2013 51.866902 68.181976 576,258.1376
01/01/2014 to 12/31/2014 68.181976 75.897068 553,574.9940
01/01/2015 to 12/31/2015 75.897068 71.905935 475,033.8810
01/01/2016 to 12/31/2016 71.905935 81.924301 428,228.3129
01/01/2017 to 12/31/2017 81.924301 94.151854 400,128.5029
01/01/2018 to 12/31/2018 94.151854 84.036738 353,990.4587
01/01/2019 to 12/31/2019 84.036738 104.476095 321,807.8410
01/01/2020 to 12/31/2020 104.476095 105.604511 297,306.1794
A-24

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.140573 9.800815 3,511,330.1040
01/01/2012 to 12/31/2012 9.800815 10.947584 3,188,985.7697
01/01/2013 to 12/31/2013 10.947584 14.692799 2,834,434.2261
01/01/2014 to 12/31/2014 14.692799 16.282305 2,386,281.0893
01/01/2015 to 12/31/2015 16.282305 17.067600 1,947,980.7300
01/01/2016 to 12/31/2016 17.067600 17.813988 1,749,731.6766
01/01/2017 to 12/31/2017 17.813988 21.837405 1,490,433.5439
01/01/2018 to 12/31/2018 21.837405 20.986261 1,325,222.8708
01/01/2019 to 12/31/2019 20.986261 27.029157 1,174,117.1423
01/01/2020 to 12/31/2020 27.029157 32.911175 1,046,282.0050
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 24.457039 23.144786 209,167.5949
01/01/2012 to 12/31/2012 23.144786 26.083594 169,738.4607
01/01/2013 to 12/31/2013 26.083594 33.398816 144,128.0560
01/01/2014 to 12/31/2014 33.398816 35.984283 195,788.3785
01/01/2015 to 12/31/2015 35.984283 32.184148 222,380.3688
01/01/2016 to 12/31/2016 32.184148 36.529158 230,168.7809
01/01/2017 to 12/31/2017 36.529158 39.298482 216,608.5816
01/01/2018 to 12/31/2018 39.298482 34.694792 179,945.7513
01/01/2019 to 12/31/2019 34.694792 43.974824 162,574.4944
01/01/2020 to 12/31/2020 43.974824 46.510784 162,917.4358
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.164455 13.964054 1,012,675.9693
01/01/2012 to 12/31/2012 13.964054 16.206485 904,895.6265
01/01/2013 to 12/31/2013 16.206485 21.125154 789,284.0815
01/01/2014 to 12/31/2014 21.125154 23.504834 706,298.1781
01/01/2015 to 12/31/2015 23.504834 20.990857 584,483.8168
01/01/2016 to 12/31/2016 20.990857 23.346014 519,154.7064
01/01/2017 to 12/31/2017 23.346014 25.417609 449,078.5181
01/01/2018 to 12/31/2018 25.417609 21.654826 402,136.5705
01/01/2019 to 12/31/2019 21.654826 28.840142 350,225.0731
01/01/2020 to 12/31/2020 28.840142 29.107790 321,969.4187
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
05/02/2011 to 12/31/2011 9.998082 10.730125 1,867,594.4204
01/01/2012 to 12/31/2012 10.730125 10.875038 2,787,496.6231
01/01/2013 to 12/31/2013 10.875038 10.203401 1,546,251.6604
01/01/2014 to 12/31/2014 10.203401 10.784057 1,470,145.5307
01/01/2015 to 12/31/2015 10.784057 10.642551 1,256,532.6004
01/01/2016 to 12/31/2016 10.642551 10.595690 1,238,912.6121
01/01/2017 to 12/31/2017 10.595690 10.683085 1,062,111.3225
01/01/2018 to 12/31/2018 10.683085 10.489932 963,153.9721
01/01/2019 to 12/31/2019 10.489932 11.080396 1,055,729.6110
01/01/2020 to 12/31/2020 11.080396 11.723523 1,032,971.0371
A-25

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 12.042406 13.184184 1,426,311.2961
01/01/2014 to 12/31/2014 13.184184 12.522304 1,302,313.9885
01/01/2015 to 12/31/2015 12.522304 12.038017 916,231.5728
01/01/2016 to 12/31/2016 12.038017 12.426654 901,842.0619
01/01/2017 to 12/31/2017 12.426654 16.472381 766,786.7280
01/01/2018 to 12/31/2018 16.472381 13.402497 739,843.8165
01/01/2019 to 12/31/2019 13.402497 17.437953 625,564.9065
01/01/2020 to 12/31/2020 17.437953 21.634280 564,668.2060
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.888011 7.486399 2,632,595.1694
01/01/2012 to 12/31/2012 7.486399 8.638908 2,334,416.1737
01/01/2013 to 04/26/2013 8.638908 8.949795 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.236266 10.059165 7,458,604.0332
01/01/2012 to 12/31/2012 10.059165 9.883705 5,071,405.9321
01/01/2013 to 12/31/2013 9.883705 9.712238 4,624,974.0332
01/01/2014 to 12/31/2014 9.712238 9.543745 4,196,690.0924
01/01/2015 to 12/31/2015 9.543745 9.378175 4,718,394.5202
01/01/2016 to 12/31/2016 9.378175 9.225813 3,790,678.8024
01/01/2017 to 12/31/2017 9.225813 9.123732 3,095,629.1572
01/01/2018 to 12/31/2018 9.123732 9.103447 2,684,044.8442
01/01/2019 to 12/31/2019 9.103447 9.113529 2,151,829.7538
01/01/2020 to 12/31/2020 9.113529 8.972203 2,739,041.4578
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.513985 13.749101 398,211.0802
01/01/2015 to 12/31/2015 13.749101 13.431465 632,648.8426
01/01/2016 to 12/31/2016 13.431465 13.796365 722,498.8665
01/01/2017 to 12/31/2017 13.796365 14.497549 947,110.1965
01/01/2018 to 12/31/2018 14.497549 13.872731 754,351.5066
01/01/2019 to 12/31/2019 13.872731 15.231986 890,475.5021
01/01/2020 to 12/31/2020 15.231986 16.391461 942,930.1750
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.829251 11.830850 16,592,336.7208
01/01/2012 to 12/31/2012 11.830850 12.892990 15,754,783.9479
01/01/2013 to 12/31/2013 12.892990 13.819648 11,939,087.0285
01/01/2014 to 04/25/2014 13.819648 13.917987 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.892574 11.673042 22,281,647.5233
01/01/2012 to 12/31/2012 11.673042 12.891083 20,830,452.2319
01/01/2013 to 12/31/2013 12.891083 14.469509 18,712,679.6285
01/01/2014 to 04/25/2014 14.469509 14.517559 0.0000
A-26

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.099853 14.460114 27,235,792.0427
01/01/2015 to 12/31/2015 14.460114 14.056737 23,681,147.8920
01/01/2016 to 12/31/2016 14.056737 14.653790 21,188,140.9937
01/01/2017 to 12/31/2017 14.653790 15.932804 18,177,563.4982
01/01/2018 to 12/31/2018 15.932804 14.965904 15,760,912.4115
01/01/2019 to 12/31/2019 14.965904 16.999877 14,022,178.9931
01/01/2020 to 12/31/2020 16.999877 18.548013 12,741,285.8610
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.675611 11.278110 53,830,140.2053
01/01/2012 to 12/31/2012 11.278110 12.625255 49,469,018.7129
01/01/2013 to 12/31/2013 12.625255 14.815420 46,086,627.2914
01/01/2014 to 04/25/2014 14.815420 14.819885 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.499935 14.983098 41,981,591.6753
01/01/2015 to 12/31/2015 14.983098 14.536495 37,725,005.2600
01/01/2016 to 12/31/2016 14.536495 15.299267 33,780,770.7279
01/01/2017 to 12/31/2017 15.299267 17.249415 30,108,742.1825
01/01/2018 to 12/31/2018 17.249415 15.910466 26,674,873.2914
01/01/2019 to 12/31/2019 15.910466 18.671224 23,507,654.1852
01/01/2020 to 12/31/2020 18.671224 20.887531 21,043,683.2693
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.563163 10.922825 55,720,605.5803
01/01/2012 to 12/31/2012 10.922825 12.419539 50,881,185.5886
01/01/2013 to 12/31/2013 12.419539 15.366779 50,261,141.0705
01/01/2014 to 04/25/2014 15.366779 15.287812 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.584867 9.253106 3,758,850.3330
01/01/2012 to 12/31/2012 9.253106 10.557734 3,604,520.1753
01/01/2013 to 04/26/2013 10.557734 11.353330 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.473789 15.042373 49,683,117.7582
01/01/2015 to 12/31/2015 15.042373 14.530683 45,266,188.4692
01/01/2016 to 12/31/2016 14.530683 15.441002 40,816,532.0544
01/01/2017 to 12/31/2017 15.441002 18.081453 36,476,448.6870
01/01/2018 to 12/31/2018 18.081453 16.324802 32,609,537.1725
01/01/2019 to 12/31/2019 16.324802 19.847975 29,300,875.9049
01/01/2020 to 12/31/2020 19.847975 22.739265 26,332,581.3519
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.421612 14.045289 1,191,623.4151
01/01/2012 to 12/31/2012 14.045289 15.398682 1,062,669.8414
01/01/2013 to 12/31/2013 15.398682 20.656077 909,699.7145
01/01/2014 to 12/31/2014 20.656077 20.637482 790,769.0743
01/01/2015 to 12/31/2015 20.637482 18.319423 676,231.8833
01/01/2016 to 12/31/2016 18.319423 22.079394 612,201.6575
01/01/2017 to 12/31/2017 22.079394 24.418175 547,843.2687
01/01/2018 to 12/31/2018 24.418175 20.772975 475,533.6890
01/01/2019 to 12/31/2019 20.772975 25.197123 425,413.4863
01/01/2020 to 12/31/2020 25.197123 26.239554 408,897.7441
A-27

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 17.113440 14.083849 248,471.2541
01/01/2012 to 12/31/2012 14.083849 16.315960 207,967.0234
01/01/2013 to 12/31/2013 16.315960 20.458437 221,011.9658
01/01/2014 to 12/31/2014 20.458437 18.757640 232,794.9276
01/01/2015 to 12/31/2015 18.757640 19.493020 205,998.3742
01/01/2016 to 12/31/2016 19.493020 20.270913 166,721.8583
01/01/2017 to 12/31/2017 20.270913 25.985438 173,881.3627
01/01/2018 to 12/31/2018 25.985438 20.281985 180,429.1729
01/01/2019 to 12/31/2019 20.281985 24.520999 154,948.2783
01/01/2020 to 12/31/2020 24.520999 26.212604 130,821.1074
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 21.897491 22.236591 161,372.5621
01/01/2017 to 12/31/2017 22.236591 25.962156 158,345.7145
01/01/2018 to 12/31/2018 25.962156 25.419214 159,981.1680
01/01/2019 to 12/31/2019 25.419214 32.632710 160,317.8375
01/01/2020 to 12/31/2020 32.632710 35.583195 147,589.4595
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 17.698021 16.544278 60,241.1375
01/01/2012 to 12/31/2012 16.544278 17.942723 67,625.4960
01/01/2013 to 12/31/2013 17.942723 23.399440 73,838.0464
01/01/2014 to 12/31/2014 23.399440 25.507070 71,817.6008
01/01/2015 to 12/31/2015 25.507070 25.001745 88,874.7119
01/01/2016 to 04/29/2016 25.001745 25.128938 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 12.446164 11.719538 4,247,790.9302
01/01/2012 to 12/31/2012 11.719538 12.977808 3,639,505.8002
01/01/2013 to 12/31/2013 12.977808 17.028538 3,085,462.6997
01/01/2014 to 12/31/2014 17.028538 18.481165 2,606,206.0746
01/01/2015 to 12/31/2015 18.481165 18.572178 1,988,409.4220
01/01/2016 to 12/31/2016 18.572178 19.555289 1,729,777.6836
01/01/2017 to 12/31/2017 19.555289 22.852853 1,450,459.0248
01/01/2018 to 12/31/2018 22.852853 22.398234 1,206,839.4679
01/01/2019 to 12/31/2019 22.398234 28.782405 1,027,344.6296
01/01/2020 to 12/31/2020 28.782405 31.415415 939,434.4409
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 14.555344 17.310581 397,566.6573
01/01/2014 to 12/31/2014 17.310581 18.860303 369,417.9991
01/01/2015 to 12/31/2015 18.860303 19.015748 330,210.5036
01/01/2016 to 12/31/2016 19.015748 19.649625 302,023.5369
01/01/2017 to 12/31/2017 19.649625 24.124685 267,058.2634
01/01/2018 to 12/31/2018 24.124685 22.305004 243,880.1814
01/01/2019 to 12/31/2019 22.305004 29.115654 223,440.2754
01/01/2020 to 12/31/2020 29.115654 37.588417 203,959.7315
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.164443 12.880067 547,371.3652
01/01/2012 to 12/31/2012 12.880067 13.417273 476,470.8879
01/01/2013 to 04/26/2013 13.417273 14.461751 0.0000
A-28

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.946084 11.765296 1,571,504.4441
01/01/2012 to 12/31/2012 11.765296 13.358605 2,574,947.6990
01/01/2013 to 12/31/2013 13.358605 17.948732 2,333,821.9085
01/01/2014 to 12/31/2014 17.948732 19.179453 2,023,452.4397
01/01/2015 to 12/31/2015 19.179453 20.833099 1,710,224.0089
01/01/2016 to 12/31/2016 20.833099 20.445118 1,572,748.2896
01/01/2017 to 12/31/2017 20.445118 27.523129 1,325,820.8842
01/01/2018 to 12/31/2018 27.523129 27.073768 1,256,088.7041
01/01/2019 to 12/31/2019 27.073768 35.249187 1,099,959.3529
01/01/2020 to 12/31/2020 35.249187 54.163395 996,114.6477
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.834937 7.403653 476,446.3291
01/01/2012 to 12/31/2012 7.403653 8.196467 371,920.3657
01/01/2013 to 04/26/2013 8.196467 8.798666 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.136100 7.884860 1,836,098.7767
01/01/2012 to 04/27/2012 7.884860 8.860339 0.0000
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 14.899780 15.688931 468,494.1809
01/01/2012 to 12/31/2012 15.688931 15.967684 558,690.0426
01/01/2013 to 12/31/2013 15.967684 15.287359 578,517.1887
01/01/2014 to 12/31/2014 15.287359 15.842341 665,699.0394
01/01/2015 to 12/31/2015 15.842341 15.558733 733,545.1804
01/01/2016 to 12/31/2016 15.558733 15.607822 780,822.8603
01/01/2017 to 12/31/2017 15.607822 15.788352 698,619.3520
01/01/2018 to 12/31/2018 15.788352 15.436780 619,080.4794
01/01/2019 to 12/31/2019 15.436780 16.434532 637,587.2947
01/01/2020 to 12/31/2020 16.434532 17.261147 891,963.6390
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.531427 15.881398 128,276.6954
01/01/2012 to 12/31/2012 15.881398 18.298861 139,688.8559
01/01/2013 to 12/31/2013 18.298861 23.871000 261,800.7353
01/01/2014 to 12/31/2014 23.871000 25.617806 229,419.4811
01/01/2015 to 12/31/2015 25.617806 24.499360 289,364.1737
01/01/2016 to 12/31/2016 24.499360 28.909188 273,329.2459
01/01/2017 to 12/31/2017 28.909188 32.841772 256,357.5403
01/01/2018 to 12/31/2018 32.841772 28.537008 227,129.7056
01/01/2019 to 12/31/2019 28.537008 35.203771 205,028.3337
01/01/2020 to 12/31/2020 35.203771 39.111876 180,881.5627
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 12.110959 10.395367 235,818.5508
01/01/2012 to 12/31/2012 10.395367 12.046530 216,782.3733
01/01/2013 to 12/31/2013 12.046530 14.375224 363,515.0324
01/01/2014 to 12/31/2014 14.375224 13.231571 404,245.0967
01/01/2015 to 12/31/2015 13.231571 12.831574 549,557.6176
01/01/2016 to 12/31/2016 12.831574 12.731112 526,679.1645
01/01/2017 to 12/31/2017 12.731112 15.581600 500,262.2381
01/01/2018 to 12/31/2018 15.581600 13.147496 483,405.3218
01/01/2019 to 12/31/2019 13.147496 15.707112 434,682.9508
01/01/2020 to 12/31/2020 15.707112 16.594089 520,384.7753
A-29

 


Table of Contents
APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.838547 15.830866 164,138.9444
01/01/2012 to 12/31/2012 15.830866 18.035140 207,293.7913
01/01/2013 to 12/31/2013 18.035140 24.478371 266,413.3726
01/01/2014 to 12/31/2014 24.478371 25.191460 288,739.3013
01/01/2015 to 12/31/2015 25.191460 23.631436 297,183.2617
01/01/2016 to 12/31/2016 23.631436 28.080742 268,298.1189
01/01/2017 to 12/31/2017 28.080742 31.540731 256,620.9364
01/01/2018 to 12/31/2018 31.540731 27.517590 228,468.3518
01/01/2019 to 12/31/2019 27.517590 33.855053 204,486.6954
01/01/2020 to 12/31/2020 33.855053 39.672916 168,207.3598
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.550585 11.536230 2,110,295.5522
01/01/2012 to 12/31/2012 11.536230 13.083956 2,382,117.3539
01/01/2013 to 12/31/2013 13.083956 16.932566 2,384,393.9986
01/01/2014 to 12/31/2014 16.932566 18.818315 2,246,284.1775
01/01/2015 to 12/31/2015 18.818315 18.660743 2,035,302.0245
01/01/2016 to 12/31/2016 18.660743 20.424272 2,016,953.6186
01/01/2017 to 12/31/2017 20.424272 24.332460 1,764,183.2705
01/01/2018 to 12/31/2018 24.332460 22.752951 1,647,092.2057
01/01/2019 to 12/31/2019 22.752951 29.244793 1,416,584.6073
01/01/2020 to 12/31/2020 29.244793 33.858654 1,222,962.6228
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 17.944162 20.917289 503,095.1085
01/01/2014 to 12/31/2014 20.917289 22.725377 454,358.7132
01/01/2015 to 12/31/2015 22.725377 22.249734 449,148.0048
01/01/2016 to 12/31/2016 22.249734 24.945586 487,429.6789
01/01/2017 to 12/31/2017 24.945586 28.824199 444,414.0041
01/01/2018 to 12/31/2018 28.824199 25.420820 378,215.4645
01/01/2019 to 12/31/2019 25.420820 32.435250 342,878.7775
01/01/2020 to 12/31/2020 32.435250 33.036564 334,612.4150
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.815149 8.615160 786,464.9821
01/01/2012 to 12/31/2012 8.615160 9.642956 713,257.6515
01/01/2013 to 04/26/2013 9.642956 10.551252 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 15.851452 19.748305 402,766.1674
01/01/2014 to 12/31/2014 19.748305 19.347381 348,408.1583
01/01/2015 to 12/31/2015 19.347381 19.083981 306,544.6948
01/01/2016 to 12/31/2016 19.083981 22.202417 282,352.9720
01/01/2017 to 12/31/2017 22.202417 25.197596 243,841.9549
01/01/2018 to 12/31/2018 25.197596 23.028476 221,977.0277
01/01/2019 to 12/31/2019 23.028476 29.283391 212,497.1005
01/01/2020 to 12/31/2020 29.283391 35.898465 190,915.2794
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 15.093613 14.049713 482,948.0700
01/01/2012 to 12/31/2012 14.049713 14.534389 427,820.6872
01/01/2013 to 04/26/2013 14.534389 15.741755 0.0000
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APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 40.173489 50.606759 195,444.0182
01/01/2014 to 12/31/2014 50.606759 54.117877 216,954.5920
01/01/2015 to 12/31/2015 54.117877 58.769578 235,110.8004
01/01/2016 to 12/31/2016 58.769578 58.634662 211,863.4686
01/01/2017 to 12/31/2017 58.634662 76.909901 209,412.8895
01/01/2018 to 12/31/2018 76.909901 74.696027 209,333.7211
01/01/2019 to 12/31/2019 74.696027 95.853457 195,934.9100
01/01/2020 to 12/31/2020 95.853457 128.698386 181,191.0834
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.696466 5.929364 1,394,267.7186
01/01/2012 to 12/31/2012 5.929364 6.531984 1,103,095.6420
01/01/2013 to 04/26/2013 6.531984 6.823038 0.0000
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.671588 15.288720 238,477.2294
01/01/2012 to 12/31/2012 15.288720 15.409403 244,334.6116
01/01/2013 to 12/31/2013 15.409403 16.770589 187,660.2236
01/01/2014 to 12/31/2014 16.770589 13.377435 183,855.7194
01/01/2015 to 12/31/2015 13.377435 8.839019 206,882.8493
01/01/2016 to 12/31/2016 8.839019 12.484863 175,186.1834
01/01/2017 to 12/31/2017 12.484863 12.177974 181,663.9353
01/01/2018 to 12/31/2018 12.177974 8.513052 187,375.1399
01/01/2019 to 12/31/2019 8.513052 9.398501 225,492.9878
01/01/2020 to 12/31/2020 9.398501 11.190857 190,283.8451
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 27.816144 28.784562 707,485.2257
01/01/2017 to 12/31/2017 28.784562 30.530425 670,294.5099
01/01/2018 to 12/31/2018 30.530425 28.790732 596,341.0227
01/01/2019 to 12/31/2019 28.790732 32.318379 559,824.0882
01/01/2020 to 12/31/2020 32.318379 33.856331 526,503.3371
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 22.681637 23.282932 1,012,934.5142
01/01/2012 to 12/31/2012 23.282932 25.838916 968,505.0569
01/01/2013 to 12/31/2013 25.838916 27.416616 912,244.2604
01/01/2014 to 12/31/2014 27.416616 28.241992 782,372.0355
01/01/2015 to 12/31/2015 28.241992 27.148581 634,266.5096
01/01/2016 to 04/29/2016 27.148581 27.941552 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 28.384110 29.398029 327,623.6888
01/01/2017 to 12/31/2017 29.398029 31.196357 280,682.7761
01/01/2018 to 12/31/2018 31.196357 29.451958 242,092.6379
01/01/2019 to 12/31/2019 29.451958 33.078852 206,929.0727
01/01/2020 to 12/31/2020 33.078852 34.705056 188,687.5425
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 12.307762 12.512948 452,133.2416
01/01/2012 to 12/31/2012 12.512948 13.703146 436,101.8418
01/01/2013 to 12/31/2013 13.703146 13.655406 421,354.7081
01/01/2014 to 12/31/2014 13.655406 14.014656 429,777.1853
01/01/2015 to 12/31/2015 14.014656 13.570825 785,412.3490
01/01/2016 to 04/29/2016 13.570825 13.891353 0.0000
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APPENDIX A
Condensed Financial Information (continued)
1.75% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.420744 16.986337 689,015.3491
01/01/2012 to 12/31/2012 16.986337 17.198787 610,046.0423
01/01/2013 to 12/31/2013 17.198787 16.747425 537,936.8763
01/01/2014 to 12/31/2014 16.747425 16.876560 477,768.6113
01/01/2015 to 12/31/2015 16.876560 16.634701 467,028.9623
01/01/2016 to 12/31/2016 16.634701 16.513066 453,737.5492
01/01/2017 to 12/31/2017 16.513066 16.499340 397,472.7522
01/01/2018 to 12/31/2018 16.499340 16.324645 367,681.7250
01/01/2019 to 12/31/2019 16.324645 16.968655 393,149.4868
01/01/2020 to 12/31/2020 16.968655 17.492478 378,568.2793
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APPENDIX A
Condensed Financial Information (continued)
Discontinued Investment Portfolios
The following Investment Portfolios are no longer available for allocations of new Purchase Payments or transfers of Account Value (excluding rebalancing and dollar cost averaging programs in existence at the time of closing): Brighthouse Funds Trust II (formerly Metropolitan Series Fund): Brighthouse/Wellington Core Equity Opportunities Portfolio (formerly Met/Wellington Core Equity Opportunities Portfolio) (Class E) (closed effective May 1, 2016); and Brighthouse Funds Trust II: Western Asset Management Strategic Bond Opportunities Portfolio (Class E) (closed effective May 1, 2016).
You should read the prospectuses for these discontinued Investment Portfolios for more information on fees, charges, investment objectives and risks. A copy of the fund prospectuses has previously been provided to you.
Effective as of May 1, 2011, Brighthouse Funds Trust I: Legg Mason Value Equity Portfolio (Class B) merged into Brighthouse Funds Trust I: ClearBridge Aggressive Growth Portfolio (Class B) (formerly Legg Mason ClearBridge Aggressive Growth Portfolio).
Effective as of April 30, 2012, Brighthouse Funds Trust I: Oppenheimer Capital Appreciation Portfolio (Class B) merged into Brighthouse Funds Trust II: Jennison Growth Portfolio (Class B).
Effective as of April 29, 2013:
Brighthouse Funds Trust I: American Funds® International Portfolio (Class C) merged into Brighthouse Funds Trust II: Baillie Gifford International Stock Portfolio (Class B);
Brighthouse Funds Trust I: Jennison Large Cap Equity Portfolio (formerly Rainier Large Cap Equity Portfolio) (Class B) merged into Brighthouse Funds Trust II: Jennison Growth Portfolio (Class B);
Brighthouse Funds Trust I: Met/Franklin Mutual Shares Portfolio (Class B) merged into Brighthouse Funds Trust II: MFS® Value Portfolio (Class B);
Brighthouse Funds Trust I: Met/Franklin Templeton Founding Strategy Portfolio (Class B) merged into Brighthouse Funds Trust I: MetLife Growth Strategy Portfolio (Class B);
Brighthouse Funds Trust I: MLA Mid Cap Portfolio (formerly Lazard Mid Cap Portfolio) (Class B) merged into Brighthouse Funds Trust II: Neuberger Berman Genesis Portfolio (Class B);
Brighthouse Funds Trust I: RCM Technology Portfolio (Class B) merged into Brighthouse Funds Trust II: T. Rowe Price Large Cap Growth Portfolio (Class B); and
Brighthouse Funds Trust I: Turner Mid Cap Growth Portfolio (Class B) merged into Brighthouse Funds Trust II: Frontier Mid Cap Growth Portfolio (Class B).
Effective as of April 28, 2014:
Brighthouse Funds Trust I: ClearBridge Aggressive Growth Portfolio II (Class B) (formerly Janus Forty Portfolio) merged into Brighthouse Funds Trust I: ClearBridge Aggressive Growth Portfolio (Class B);
Brighthouse Funds Trust I: MetLife Defensive Strategy Portfolio (Class B) merged into Brighthouse Funds Trust II: Brighthouse Asset Allocation 40 Portfolio (Class B);
Brighthouse Funds Trust I: MetLife Moderate Strategy Portfolio (Class B) merged into Brighthouse Funds Trust II: Brighthouse Asset Allocation 40 Portfolio (Class B);
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APPENDIX A
Condensed Financial Information (continued)
Brighthouse Funds Trust I: MetLife Balanced Strategy Portfolio (Class B) merged into Brighthouse Funds Trust II: Brighthouse Asset Allocation 60 Portfolio (Class B); and
Brighthouse Funds Trust I: MetLife Growth Strategy Portfolio (Class B) merged into Brighthouse Funds Trust II: Brighthouse Asset Allocation 80 Portfolio (Class B).
Effective as of May 1, 2016:
Brighthouse Funds Trust I: Lord Abbett Bond Debenture Portfolio (Class B) merged into Brighthouse Funds Trust II: Western Asset Management Strategic Bond Opportunities Portfolio (Class B);
Brighthouse Funds Trust I: Pioneer Fund Portfolio (Class B) merged into Brighthouse Funds Trust II: Brighthouse/Wellington Core Equity Opportunities Portfolio (Class B); and
Brighthouse Funds Trust I: Pioneer Strategic Income Portfolio (Class E) merged into Brighthouse Funds Trust II: Western Asset Management Strategic Bond Opportunities Portfolio (Class E).
Effective as of April 30, 2018:
Brighthouse Funds Trust I: Allianz Global Investors Dynamic Multi-Asset Plus Portfolio merged into Brighthouse Funds Trust I: JPMorgan Global Active Allocation Portfolio; and
Brighthouse Funds Trust I: Schroders Global Multi-Asset Portfolio II (formerly Pyramis® Managed Risk Portfolio) merged into Brighthouse Funds Trust I: Schroders Global Multi-Asset Portfolio.
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APPENDIX B
Participating Investment Portfolios
Below are the advisers and subadvisers and investment objectives of each Investment Portfolio available under the contract. The fund prospectuses contain more complete information, including a description of the investment objectives, policies, restrictions and risks. THERE CAN BE NO ASSURANCE THAT THE INVESTMENT OBJECTIVES WILL BE ACHIEVED.
Investment Portfolio Investment Objective Investment Adviser/Subadviser
Brighthouse Funds Trust I    
AB Global Dynamic Allocation Portfolio (Class B)* Seeks capital appreciation and current income. Brighthouse Investment Advisers, LLC
Subadviser: AllianceBernstein L.P.
American Funds® Balanced Allocation Portfolio (Class C) Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. Brighthouse Investment Advisers, LLC
American Funds® Growth Allocation Portfolio (Class C) Seeks growth of capital. Brighthouse Investment Advisers, LLC
American Funds® Growth Portfolio (Class C) Seeks to achieve growth of capital. Brighthouse Investment Advisers, LLC; Capital Research and Management CompanySM
American Funds® Moderate Allocation Portfolio (Class C) Seeks a high total return in the form of income and growth of capital, with a greater emphasis on income. Brighthouse Investment Advisers, LLC
AQR Global Risk Balanced Portfolio (Class B)* Seeks total return. Brighthouse Investment Advisers, LLC
Subadviser: AQR Capital Management, LLC
BlackRock Global Tactical Strategies Portfolio (Class B)* Seeks capital appreciation and current income. Brighthouse Investment Advisers, LLC
Subadviser: BlackRock Financial Management, Inc.
BlackRock High Yield Portfolio (Class B) Seeks to maximize total return, consistent with income generation and prudent investment management. Brighthouse Investment Advisers, LLC
Subadviser: BlackRock Financial Management, Inc.
Brighthouse Asset Allocation 100 Portfolio (Class B) Seeks growth of capital. Brighthouse Investment Advisers, LLC
Brighthouse Balanced Plus Portfolio (Class B)* Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: Overlay Portion: Pacific Investment Management Company LLC
Brighthouse Small Cap Value Portfolio (Class B) Seeks long-term capital appreciation. Brighthouse Investment Advisers, LLC
Subadvisers: Delaware Investments Fund Advisers; Wells Capital Management Incorporated
Brighthouse/Aberdeen Emerging Markets Equity Portfolio (Class B) Seeks capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Aberdeen Asset Managers Limited
Brighthouse/Eaton Vance Floating Rate Portfolio (Class B) Seeks a high level of current income. Brighthouse Investment Advisers, LLC
Subadviser: Eaton Vance Management
Brighthouse/Franklin Low Duration Total Return Portfolio (Class B) Seeks a high level of current income, while seeking preservation of shareholders’ capital. Brighthouse Investment Advisers, LLC
Subadviser: Franklin Advisers, Inc.
Brighthouse/Templeton International Bond Portfolio (Class B)# Seeks current income with capital appreciation and growth of income. Brighthouse Investment Advisers, LLC
Subadviser: Franklin Advisers, Inc.
Clarion Global Real Estate Portfolio (Class B) Seeks total return through investment in real estate securities, emphasizing both capital appreciation and current income. Brighthouse Investment Advisers, LLC
Subadviser: CBRE Clarion Securities LLC
Harris Oakmark International Portfolio (Class B) Seeks long-term capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Harris Associates L.P.
Invesco Balanced-Risk Allocation Portfolio (Class B)* Seeks total return. Brighthouse Investment Advisers, LLC
Subadviser: Invesco Advisers, Inc.
Invesco Comstock Portfolio (Class B) Seeks capital growth and income. Brighthouse Investment Advisers, LLC
Subadviser: Invesco Advisers, Inc.
Invesco Small Cap Growth Portfolio (Class B) Seeks long-term growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: Invesco Advisers, Inc.
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Investment Portfolio Investment Objective Investment Adviser/Subadviser
JPMorgan Core Bond Portfolio (Class B) Seeks to maximize total return. Brighthouse Investment Advisers, LLC
Subadviser: J.P. Morgan Investment Management Inc.
JPMorgan Global Active Allocation Portfolio (Class B)* Seeks capital appreciation and current income. Brighthouse Investment Advisers, LLC
Subadviser: J.P. Morgan Investment Management Inc.
Loomis Sayles Global Allocation Portfolio (Class B) Seeks high total investment return through a combination of capital appreciation and income. Brighthouse Investment Advisers, LLC
Subadviser: Loomis, Sayles & Company, L.P.
Loomis Sayles Growth Portfolio (Class B) Seeks long-term growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: Loomis, Sayles & Company, L.P.
MetLife Multi-Index Targeted Risk Portfolio (Class B)* Seeks a balance between growth of capital and current income, with a greater emphasis on growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: Overlay Portion: MetLife Investment Advisors, LLC
MFS ® Research International Portfolio (Class B) Seeks capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Massachusetts Financial Services Company
PanAgora Global Diversified Risk Portfolio (Class B)* Seeks total return. Brighthouse Investment Advisers, LLC
Subadviser: PanAgora Asset Management, Inc.
PIMCO Inflation Protected Bond Portfolio (Class B) Seeks maximum real return, consistent with preservation of capital and prudent investment management. Brighthouse Investment Advisers, LLC
Subadviser: Pacific Investment Management Company LLC
PIMCO Total Return Portfolio (Class B) Seeks maximum total return, consistent with the preservation of capital and prudent investment management. Brighthouse Investment Advisers, LLC
Subadviser: Pacific Investment Management Company LLC
Schroders Global Multi-Asset Portfolio (Class B)* Seeks capital appreciation and current income. Brighthouse Investment Advisers, LLC
Subadvisers: Schroder Investment Management North America Inc.; Schroder Investment Management North America Limited
SSGA Growth and Income ETF Portfolio (Class B) Seeks growth of capital and income. Brighthouse Investment Advisers, LLC
Subadviser: SSGA Funds Management, Inc.
SSGA Growth ETF Portfolio (Class B) Seeks growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: SSGA Funds Management, Inc.
T. Rowe Price Large Cap Value Portfolio (Class B) Seeks long-term capital appreciation by investing in common stocks believed to be undervalued. Income is a secondary objective. Brighthouse Investment Advisers, LLC
Subadviser: T. Rowe Price Associates, Inc.
T. Rowe Price Mid Cap Growth Portfolio (Class B) Seeks long-term growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: T. Rowe Price Associates, Inc.
Victory Sycamore Mid Cap Value Portfolio (Class B) Seeks high total return by investing in equity securities of mid-sized companies. Brighthouse Investment Advisers, LLC
Subadviser: Victory Capital Management Inc.
Wells Capital Management Mid Cap Value Portfolio (Class B) Seeks long-term capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Wells Capital Management
Western Asset Management Government Income Portfolio (Class B)* Seeks a high level of current income, consistent with preservation of principal. Brighthouse Investment Advisers, LLC
Subadviser: Western Asset Management Company
Brighthouse Funds Trust II    
Baillie Gifford International Stock Portfolio (Class B) Seeks long-term growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: Baillie Gifford Overseas Limited
BlackRock Ultra-Short Term Bond Portfolio (Class B) Seeks a high level of current income consistent with prudent investment risk and preservation of capital. Brighthouse Investment Advisers, LLC
Subadviser: BlackRock Advisors, LLC
Brighthouse Asset Allocation 20 Portfolio (Class B) Seeks a high level of current income, with growth of capital as a secondary objective. Brighthouse Investment Advisers, LLC
Brighthouse Asset Allocation 40 Portfolio (Class B) Seeks high total return in the form of income and growth of capital, with a greater emphasis on income. Brighthouse Investment Advisers, LLC
Brighthouse Asset Allocation 60 Portfolio (Class B) Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. Brighthouse Investment Advisers, LLC
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Investment Portfolio Investment Objective Investment Adviser/Subadviser
Brighthouse Asset Allocation 80 Portfolio (Class B) Seeks growth of capital. Brighthouse Investment Advisers, LLC
Brighthouse/Artisan Mid Cap Value Portfolio (Class B) Seeks long-term capital growth. Brighthouse Investment Advisers, LLC
Subadviser: Artisan Partners Limited Partnership
Brighthouse/Dimensional International Small Company Portfolio (Class B) Seeks long-term capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Dimensional Fund Advisors LP
Brighthouse/Wellington Core Equity Opportunities Portfolio (Class B) Seeks to provide a growing stream of income over time and, secondarily, long-term capital appreciation and current income. Brighthouse Investment Advisers, LLC
Subadviser: Wellington Management Company LLP
Frontier Mid Cap Growth Portfolio (Class B) Seeks maximum capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Frontier Capital Management Company, LLC
Jennison Growth Portfolio (Class B) Seeks long-term growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: Jennison Associates LLC
MetLife Aggregate Bond Index Portfolio (Class G)* Seeks to track the performance of the Bloomberg Barclays U.S. Aggregate Bond Index. Brighthouse Investment Advisers, LLC
Subadviser: MetLife Investment Advisors, LLC
MetLife Mid Cap Stock Index Portfolio (Class G) Seeks to track the performance of the Standard & Poor’s MidCap 400® Composite Stock Price Index. Brighthouse Investment Advisers, LLC
Subadviser: MetLife Investment Advisors, LLC
MetLife MSCI EAFE® Index Portfolio (Class G) Seeks to track the performance of the MSCI EAFE® Index. Brighthouse Investment Advisers, LLC
Subadviser: MetLife Investment Advisors, LLC
MetLife Russell 2000® Index Portfolio (Class G) Seeks to track the performance of the Russell 2000® Index. Brighthouse Investment Advisers, LLC
Subadviser: MetLife Investment Advisors, LLC
MetLife Stock Index Portfolio (Class B) Seeks to track the performance of the Standard & Poor’s 500® Composite Stock Price Index. Brighthouse Investment Advisers, LLC
Subadviser: MetLife Investment Advisors, LLC
MFS ® Value Portfolio (Class B) Seeks capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Massachusetts Financial Services Company
Neuberger Berman Genesis Portfolio (Class B) Seeks high total return, consisting principally of capital appreciation. Brighthouse Investment Advisers, LLC
Subadviser: Neuberger Berman Investment Advisers LLC
T. Rowe Price Large Cap Growth Portfolio (Class B) Seeks long-term growth of capital. Brighthouse Investment Advisers, LLC
Subadviser: T. Rowe Price Associates, Inc.
VanEck Global Natural Resources Portfolio (Class B)# Seeks long-term capital appreciation with income as a secondary consideration. Brighthouse Investment Advisers, LLC
Subadviser: Van Eck Associates Corporation
Western Asset Management Strategic Bond Opportunities Portfolio (Class B) Seeks to maximize total return consistent with preservation of capital. Brighthouse Investment Advisers, LLC
Subadviser: Western Asset Management Company
Western Asset Management U.S. Government Portfolio (Class B) Seeks to maximize total return consistent with preservation of capital and maintenance of liquidity. Brighthouse Investment Advisers, LLC
Subadviser: Western Asset Management Company
* If you elect the GMIB Max I rider and/or the EDB Max I rider, you must allocate your Purchase Payments and Account Value among these Investment Portfolios. (See “Purchase — Investment Allocation Restrictions for Certain Riders.”) These Investment Portfolios are also available for investment if you do not elect the GMIB Max I rider and/or the EDB Max I rider.
# This portfolio is only available for investment if certain optional riders are elected. (See “Purchase — Investment Allocation and Other Purchase Payment Restrictions for GMIB Plus II, GMIB Plus III, Lifetime Withdrawal Guarantee II, EDB I, and EDB II.”)
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APPENDIX C
Guaranteed Minimum Income Benefit Examples
The purpose of these examples is to illustrate the operation of the Guaranteed Minimum Income Benefit. (These examples use the annual increase rate for the GMIB Plus III rider, 5%. If a contract was issued with the GMIB Max I rider, or if a contract was issued with certain versions of the GMIB Plus II or GMIB Plus I riders, the annual increase rate is 6% instead of 5%. See “Living Benefits — Guaranteed Income Benefits.”) Example (7) shows how required minimum distributions affect the Income Base when the GMIB Plus III is elected with an IRA contract (or another contract subject to Section 401(a)(9) of the Internal Revenue Code).
The investment results shown are hypothetical and are not representative of past or future performance. Actual investment results may be more or less than those shown and will depend upon a number of factors, including investment allocations and the investment experience of the Investment Portfolios chosen. The examples do not reflect the deduction of fees and expenses, or income taxes and tax penalties.
(1) Withdrawal Adjustments to Annual Increase Amount
         Dollar-for-dollar adjustment when withdrawal is less than or equal to 5% of the Annual Increase Amount from the prior contract anniversary
         Assume the initial Purchase Payment is $100,000 and the GMIB Plus III is selected. Assume that during the first Contract Year, $5,000 is withdrawn. Because the withdrawal is less than or equal to 5% of the Annual Increase Amount from the prior contract anniversary, the Annual Increase Amount is reduced by the withdrawal on a dollar-for-dollar basis to $100,000 ($100,000 increased by 5% per year, compounded annually, less $5,000 = $100,000). Assuming no other Purchase Payments or withdrawals are made before the second contract anniversary, the Annual Increase Amount at the second contract anniversary will be $105,000 ($100,000 increased by 5% per year, compounded annually).
         Proportionate adjustment when withdrawal is greater than 5% of the Annual Increase Amount from the prior contract anniversary
         Assume the initial Purchase Payment is $100,000 and the GMIB Plus III is selected. Assume the Account Value at the first contract anniversary is $100,000.
The Annual Increase Amount at the first contract anniversary will be $105,000 ($100,000 increased by 5% per year, compounded annually). Assume that on the first contract anniversary, $10,000 is withdrawn (leaving an account balance of $90,000). Because the withdrawal is greater than 5% of the Annual Increase Amount from the prior contract anniversary, the Annual Increase Amount is reduced by the value of the Annual Increase Amount immediately prior to the withdrawal ($105,000) multiplied by the percentage reduction in the Account Value attributed to that entire withdrawal: 10% (the $10,000 withdrawal reduced the $100,000 Account Value by 10%). Therefore, the new Annual Increase Amount is $94,500 ($105,000 x 10% = $10,500; $105,000 - $10,500 = $94,500). (If multiple withdrawals are made during a Contract Year — for example, two $5,000 withdrawals instead of one $10,000 withdrawal — and those withdrawals total more than 5% of the Annual Increase Amount from the prior contract anniversary, the Annual Increase Amount is reduced proportionately by each of the withdrawals made during that Contract Year and there will be no dollar-for-dollar withdrawal adjustment for the Contract Year.) Assuming no other Purchase Payments or withdrawals are made before the second contract anniversary, the Annual Increase Amount at the second contract anniversary will be $99,225 ($94,500 increased by 5% per year, compounded annually).
(2) The Annual Increase Amount
        Example
         Assume the Owner of the contract is a male, age 55 at issue, and he elects the GMIB Plus III rider. He makes an initial Purchase Payment of $100,000, and makes no additional Purchase Payments or partial withdrawals. On the contract issue date, the Annual Increase Amount is equal to $100,000 (the initial Purchase Payment). The Annual Increase Amount is calculated at each contract anniversary (through the contract anniversary prior to the Owner’s 91st birthday). At the tenth contract anniversary, when the Owner is age 65, the Annual Increase Amount is $162,889 ($100,000 increased by 5% per year, compounded annually). See section (3) below for an example of the calculation of the Highest Anniversary Value.
         Graphic Example: Determining a value upon which future income payments can be based
         Assume that you make an initial Purchase Payment of $100,000.Prior to annuitization, your Account Value
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fluctuates above and below your initial Purchase Payment depending on the investment performance of the investment options you selected. Your Purchase Payments accumulate at the annual increase rate of 5%, until the contract anniversary prior to the contract Owner's 91st birthday. Your Purchase Payments are also adjusted for any withdrawals made during this period. The line (your Purchase Payments accumulated at 5% a year adjusted for withdrawals and charges “the Annual Increase Amount”) is the value upon which future income payments can be based.
         Graphic Example: Determining your guaranteed lifetime income stream
         Assume that you decide to annuitize your contract and begin taking Annuity Payments after 20 years. In this example, your Annual Increase Amount is higher than the Highest Anniversary Value and will produce a higher income benefit. Accordingly, the Annual Increase Amount will be applied to the annuity pay-out rates in the Guaranteed Minimum Income Benefit Annuity Table to determine your lifetime Annuity Payments. The Income Base is not available for cash withdrawals and is only used for purposes of calculating the Guaranteed Minimum Income Benefit payment and the charge for the benefit.
(3) The Highest Anniversary Value (HAV)
        Example
          Assume, as in the example in section (2) above, the Owner of the contract is a male,age 55 at issue, and he
elects the GMIB Plus III rider. He makes an initial Purchase Payment of $100,000, and makes no additional Purchase Payments or partial withdrawals. On the contract issue date, the Highest Anniversary Value is equal to $100,000 (the initial Purchase Payment). Assume the Account Value on the first contract anniversary is $108,000 due to good market performance. Because the Account Value is greater than the Highest Anniversary Value ($100,000), the Highest Anniversary Value is set equal to the Account Value ($108,000). Assume the Account Value on the second contract anniversary is $102,000 due to poor market performance. Because the Account Value is less than the Highest Anniversary Value ($108,000), the Highest Anniversary Value remains $108,000.
         Assume this process is repeated on each contract anniversary until the tenth contract anniversary, when the Account Value is $155,000 and the Highest Anniversary Value is $150,000. The Highest Anniversary Value is set equal to the Account Value ($155,000). See section (4) below for an example of the exercise of the GMIB Plus III rider.
         Graphic Example: Determining a value upon which future income payments can be based
         Prior to annuitization, the Highest Anniversary Value begins to lock in growth.The Highest Anniversary Value is adjusted upward each contract anniversary if the Account Value at that time is greater than the amount of the current Highest Anniversary Value. Upward adjustments will continue until the contract anniversary immediately prior to the contract Owner's 81st birthday. The Highest Anniversary Value also is adjusted for any withdrawals taken or any additional
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payments made. The Highest Anniversary Value line is the value upon which future income payments can be based.
  Graphic Example: Determining your guaranteed lifetime income stream
         Assume that you decide to annuitize your contract and begin taking Annuity Payments after 20 years. In this example, the Highest Anniversary Value is higher than the Account Value. Accordingly, the Highest Anniversary Value will be applied to the annuity payout rates in the Guaranteed Minimum Income Benefit Annuity Table to determine your lifetime Annuity Payments. The Income Base is not available for cash withdrawals and is only used for purposes of calculating the Guaranteed Minimum Income Benefit payment and the charge for the benefit.
(4) Putting It All Together
        Example
         Continuing the examples in sections (2) and (3) above, assume the Owner chooses to exercise the GMIB Plus III rider at the tenth contract anniversary and elects a
life annuity with 5 years of Annuity Payments guaranteed. Because the Annual Increase Amount ($162,889) is greater than the Highest Anniversary Value ($155,000), the Annual Increase Amount ($162,889) is used as the Income Base. The Income Base of $162,889 is applied to the GMIB Annuity Table. This yields Annuity Payments of $533 per month for life, with a minimum of 5 years guaranteed. (If the same Owner were instead age 70, the Income Base of $162,889 would yield monthly payments of $611; if the Owner were age 75, the Income Base of $162,889 would yield monthly payments of $717.)
         The above example does not take into account the impact of premium and other taxes. As with other pay-out types, the amount you receive as an income payment depends on the income type you select, your age, and (where permitted by state law) your sex. The Income Base is not available for cash withdrawals and is only used for purposes of calculating the Guaranteed Minimum Income Benefit payment and the charge for the benefit.
        Graphic Example
         Prior to annuitization, the two calculations (the Annual Increase Amount and the Highest Anniversary Value) work together to protect your future income. Upon annuitization of the contract, you will receive income payments for life and the Income Bases and the Account Value will cease to exist. Also, the GMIB Plus III may only be exercised no later than the contract anniversary prior to the contract Owner's 91st birthday, after a 10 year waiting period, and then only within a 30 day period following the contract anniversary. (The GMIB II may only be exercised no later than the contract anniversary on or following the contract Owner's 85th birthday, after a 10 year waiting period, and then only within a 30 day period following the contract anniversary.)
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         With the Guaranteed Minimum Income Benefit, the Income Base is applied to special, conservative Guaranteed Minimum Income Benefit annuity purchase factors, which are guaranteed at the time the contract is issued. However, if then-current annuity purchase factors applied to the Account Value would produce a greater amount of income, then you will receive the greater amount. In other words, when you annuitize your contract you will receive whatever amount produces the greatest income payment. Therefore, if your Account Value would provide greater income than would the amount provided under the Guaranteed Minimum Income Benefit, you will have paid for the Guaranteed Minimum Income Benefit although it was never used.
  
(5) The Guaranteed Principal Option — GMIB Plus III
         Assume your initial Purchase Payment is $100,000 and no withdrawals are taken.Assume that the Account Value at the 10th contract anniversary is $50,000 due to poor market performance, and you exercise the Guaranteed Principal Option at this time.
         The effects of exercising the Guaranteed Principal Option are:
1)    A Guaranteed Principal Adjustment of $100,000 - $50,000 = $50,000 is added to the Account Value 30 days after the 10th contract anniversary bringing the Account Value back up to $100,000.
2)    The GMIB Plus III rider and rider fee terminates as of the date that the adjustment is made to the Account Value; the variable annuity contract continues.
3)    The GMIB Plus III allocation and transfer restrictions terminate as of the date that the adjustment is made to the Account Value.
     *Withdrawals reduce the original Purchase Payment (i.e. those payments credited within 120 days of contract issue date) proportionately and therefore, may have a significant impact on the amount of the Guaranteed Principal Adjustment.
(6) The Optional Step-Up: Automatic Annual Step-Up — GMIB Plus III
Assume your initial investment is $100,000 and no withdrawals are taken.The Annual Increase Amount increases to $105,000 on the first anniversary ($100,000 increased by 5% per year, compounded annually). Assume your Account Value at the first contract anniversary is $110,000 due to good market performance, and you elected Optional Step-Ups to occur under the Automatic Annual Step-Up feature prior to the first contract anniversary. Because your Account Value is higher than your Annual Increase Amount, an Optional Step-Up will automatically occur.
The effect of the Optional Step-Up is:
(1)  The Annual Increase Amount automatically resets from $105,000 to $110,000;
(2)  The 10-year waiting period to annuitize the contract under the GMIB Plus III is reset to 10 years from the first contract anniversary;
(3)  The GMIB Plus III rider charge may be reset to the fee we would charge new contract Owners for the same GMIB Plus III rider at that time; and
(4)  The Guaranteed Principal Option can still be elected on the 10th contract anniversary.
The Annual Increase Amount increases to $115,500 on the second anniversary ($110,000 increased by 5% per year, compounded annually). Assume your Account Value at the second contract anniversary is $120,000 due to good market performance, and you have not discontinued the
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Automatic Annual Step-Up feature. Because your Account Value is higher than your Annual Increase Amount, an Optional Step-Up will automatically occur.
The effect of the Optional Step-Up is:
(1)  The Annual Increase Amount automatically resets from $115,500 to $120,000;
(2)  The 10-year waiting period to annuitize the contract under the GMIB Plus III is reset to 10 years from the second contract anniversary;
(3)  The GMIB Plus III rider charge may be reset to the fee we would charge new contract Owners for the same GMIB Plus III rider at that time; and
(4)  The Guaranteed Principal Option can still be elected on the 10th contract anniversary.
Assume your Account Value increases by $10,000 at each contract anniversary in years three through seven. At each contract anniversary, your Account Value would exceed the Annual Increase Amount and an Optional Step-Up would automatically occur (provided you had not discontinued the Automatic Annual Step-Up feature, and other requirements were met).
The effect of each Optional Step-Up is:
(1)  The Annual Increase Amount automatically resets to the higher Account Value;
(2)  The 10-year waiting period to annuitize the contract under the GMIB Plus III is reset to 10 years from the date of the Optional Step-Up;
(3)  The GMIB Plus III rider charge may be reset to the fee we would charge new contract Owners for the same GMIB Plus III rider at that time; and
(4)  The Guaranteed Principal Option can still be elected on the 10th contract anniversary.
After the seventh contract anniversary, the initial Automatic Annual Step-Up election expires. Assume you do not make a new election of the Automatic Annual Step-Up.
The Annual Increase Amount increases to $178,500 on the eighth anniversary ($170,000 increased by 5% per year, compounded annually). Assume your Account Value at the eighth contract anniversary is $160,000 due to poor market performance. An Optional Step-Up is NOT permitted because your Account Value is lower than your Annual Increase Amount. However, because the Optional Step-Up has locked-in previous gains, the Annual Increase
Amount remains at $178,500 despite poor market performance, and, provided the rider continues in effect, will continue to grow at 5% annually (subject to adjustments for additional Purchase Payments and/or withdrawals) through the contract anniversary prior to your 91st birthday.Also, please note:
(1)  The 10-year waiting period to annuitize the contract under the GMIB Plus III remains at the 17th contract anniversary (10 years from the date of the last Optional Step-Up);
(2)  The GMIB Plus III rider charge remains at its current level; and
(3)  The Guaranteed Principal Option can still be elected on the 10th contract anniversary.
(7) Required Minimum Distribution Examples — GMIB Plus III
The following examples only apply to IRAs and other contracts subject to Section 401(a)(9)of the Internal Revenue Code. Assume an IRA contract is issued on September 1, 2016 and the GMIB Plus III rider is selected. Assume that on the first contract anniversary (September 1, 2017), the Annual Increase Amount is $100,000. Assume the required minimum distribution amount for 2017 with respect to this contract is $6,000, and the required minimum distribution amount for 2018 with respect to this contract is $7,200. Assume that on both the first contract anniversary (September 1, 2017) and the second contract anniversary (September 1, 2018) the Account Value is $100,000.On the second contract anniversary, the annual increase rate is the greater of:
(a)  5%; or
(b)  the required minimum distribution rate (as defined below).
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The required minimum distribution rate equals the greater of:
(1)  the required minimum distribution amount for 2017 ($6,000)or for 2018 ($7,200), whichever is greater, divided by the sum of: (i) the Annual Increase Amount as of September 1, 2017 ($100,000) and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year ($0);
(2a)  if the contract Owner enrolls only in the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under the Automated Required Minimum Distribution Program, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year; or
(2b)  if the contract Owner enrolls in both the Systematic Withdrawal Program and the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under (I) the Systematic Withdrawal Program (up to a maximum of 5% of the Annual Increase Amount at the beginning of the Contract Year) and (II) the Automated Required Minimum Distribution Program (which can be used to pay out any amount above the Systematic Withdrawal Program withdrawals that must be withdrawn to fulfill minimum distribution requirements at the end of the calendar year), divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year.
Because $7,200 (the required minimum distribution amount for 2018) is greater than $6,000 (the required minimum distribution amount for 2017), (1) is equal to $7,200 divided by $100,000, or 7.2%.
         Withdrawals Through the Automated Required Minimum Distribution Program
         If the contract Owner enrolls in the Automated Required Minimum Distribution Program and elects monthly withdrawals, the Owner will receive $6,800 over the second Contract Year (from September 2017 through August 2018). Assuming the Owner makes no withdrawals outside the Automated Required
Minimum Distribution Program, on September 1, 2018, the Annual Increase Amount will be increased to $100,400. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn through the Automated Required Minimum Distribution Program ($6,800): $100,000 increased by 7.2% = $107,200; $107,200 - $6,800 = $100,400.
         (Why does the contract Owner receive $6,800 under the Automated Required Minimum Distribution Program in this example? From September through December 2017, the Owner receives $500 per month ($500 equals the $6,000 required minimum distribution amount for 2017 divided by 12). From January through August 2018, the Owner receives $600 per month ($600 equals the $7,200 required minimum distribution amount for 2018 divided by 12). The Owner receives $2,000 in 2017 and $4,800 in 2018, for a total of $6,800.)
         Withdrawals Outside the Automated Required Minimum Distribution Program
         If the contract Owner withdraws the $6,000 required minimum distribution amount for 2017 in December 2017 and makes no other withdrawals from September 2017 through August 2018, the Annual Increase Amount on September 1, 2018 will be $101,200. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn ($6,000): $100,000 increased by 7.2% = $107,200; $107,200 - $6,000 = $101,200.
         If the contract Owner withdraws the $7,200 required minimum distribution amount for 2018 in January 2018 and makes no other withdrawals from September 2017 through August 2018, the Annual Increase Amount on September 1, 2018 will be $100,000. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn ($7,200): $100,000 increased by 7.2% = $107,200; $107,200 - $7,200 = $100,000.
         Withdrawals in Excess of the Required Minimum Distribution Amounts
         Assume the contract Owner withdraws $7,250 on September 1, 2017 and makes no other withdrawals before the second contract anniversary. Because the $7,250 withdrawal exceeds the required minimum distribution amounts for 2017 and 2018, the annual
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increase rate will be 5% and the Annual Increase Amount on the second contract anniversary (September 1, 2018) will be $97,387.50. On September 1, 2017, the Annual Increase Amount is reduced by the value of the Annual Increase Amount immediately prior to the withdrawal ($100,000) multiplied by the percentage reduction in the Account Value attributed to the withdrawal (7.25%). Therefore, the new Annual Increase Amount is $92,750 ($100,000 × 7.25% = $7,250; $100,000 - $7,250 = $92,750). Assuming no other Purchase Payments or withdrawals are made before the second contract anniversary, the Annual Increase Amount on the second contract anniversary (September 1, 2018)
will be $97,387.50 ($92,750 increased by 5% per year compounded annually).
    No Withdrawals
         If the contract Owner fulfills the minimum distribution requirements by making withdrawals from other IRA accounts and does not make any withdrawals from this contract, the Annual Increase Amount on September 1, 2018 will be $107,200. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn from the contract ($0).
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APPENDIX D
Guaranteed Withdrawal Benefit Examples
The purpose of these examples is to illustrate the operation of the Guaranteed Withdrawal Benefit (GWB) rider. (Examples A and B are for the Lifetime Withdrawal Guarantee I and Lifetime Withdrawal Guarantee II riders. Examples C and D are for a previous version of the Lifetime Withdrawal Guarantee II rider. Examples E through L are for Enhanced GWB and GWB I.) The investment results shown are hypothetical and are not representative of past or future performance. Actual investment results may be more or less than those shown and will depend upon a number of factors, including investment allocations and the investment experience of the Investment Portfolios chosen. The examples do not reflect the deduction of fees and expenses, or income taxes and tax penalties. The GWB rider does not establish or guarantee an Account Value or minimum return for any Investment Portfolio. The Total Guaranteed Withdrawal Amount and the Remaining Guaranteed Withdrawal Amount (under the Lifetime Withdrawal Guarantee) and the Guaranteed Withdrawal Amount and the Benefit Base (under the Enhanced GWB and GWB I) cannot be taken as a lump sum.
A.    Lifetime Withdrawal Guarantee
1.    When Withdrawals Do Not Exceed the Annual Benefit Payment
Assume that a contract had an initial Purchase Payment of $100,000. The initial Account Value would be $100,000, the Total Guaranteed Withdrawal Amount would be $100,000, the initial Remaining Guaranteed Withdrawal Amount would be $100,000 and the initial Annual Benefit Payment would be $5,000 ($100,000 x 5%).
Assume that $5,000 is withdrawn each year, beginning before the contract Owner attains age 59 12. The Remaining Guaranteed Withdrawal Amount is reduced by $5,000 each year as withdrawals are taken (the Total Guaranteed Withdrawal Amount is not reduced by these withdrawals). The Annual Benefit Payment of $5,000 is guaranteed to be received until the Remaining Guaranteed Withdrawal Amount is depleted, even if the Account Value is reduced to zero.
If the first withdrawal is taken after age 59 12, then the Annual Benefit Payment of $5,000 is guaranteed to be received for the Owner’s lifetime, even if the Remaining Guaranteed Withdrawal Amount and the Account Value are reduced to zero. (Under the Lifetime Withdrawal Guarantee II rider, if the contract Owner makes the first withdrawal during a Contract Year in which the Owner (or older Joint Owner, or Annuitant if the Owner is a non-natural person) attains or will attain age 76, the Withdrawal Rate is 6% instead of 5% and the Annual Benefit Payment is $6,000.)
  
  
  
2.    When Withdrawals Do Exceed the Annual Benefit Payment
a.     Lifetime Withdrawal Guarantee II — Proportionate Reduction
Assume that a contract with the Lifetime Withdrawal Guarantee II rider had an initial Purchase Payment of $100,000. The initial Account Value would be $100,000, the Total Guaranteed Withdrawal Amount would be $100,000, the initial Remaining Guaranteed Withdrawal Amount would be $100,000 and the initial Annual Benefit Payment would be $5,000 ($100,000 × 5%). (If the contract Owner makes the first withdrawal during a Contract Year in which the Owner attains or
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will attain age 76, the Withdrawal Rate is 6% instead of 5% and the initial Annual Benefit Payment would be $6,000. For the purposes of this example, assume the contract Owner makes the first withdrawal before the Contract Year in which the Owner attains or will attain age 76 and the Withdrawal Rate is therefore 5%.)
Assume that the Remaining Guaranteed Withdrawal Amount is reduced to $95,000 due to a withdrawal of $5,000 in the first year. Assume the Account Value was further reduced to $80,000 at year two due to poor market performance. If you withdrew $10,000 at this time, your Account Value would be reduced to $80,000 $10,000 = $70,000. Since the withdrawal of $10,000 exceeded the Annual Benefit Payment of $5,000, there would be a proportional reduction to the Remaining Guaranteed Withdrawal Amount and the Total Guaranteed Withdrawal Amount. The proportional reduction is equal to the withdrawal ($10,000) divided by the Account Value before the withdrawal ($80,000), or 12.5%. The Remaining Guaranteed Withdrawal Amount after the withdrawal would be $83,125 ($95,000 reduced by 12.5%). This new Remaining Guaranteed Withdrawal Amount of $83,125 would now be the amount guaranteed to be available to be withdrawn over time. The Total Guaranteed Withdrawal Amount would be reduced to $87,500 ($100,000 reduced by 12.5%). The Annual Benefit Payment would be set equal to 5% × $87,500 = $4,375.
(Assume instead that you withdrew $10,000 during year two in two separate withdrawals of $5,000 on different days. Since the first withdrawal of $5,000 did not exceed the Annual Benefit Payment of $5,000, there would be no proportional reduction to the Remaining Guaranteed Withdrawal Amount and the Total Guaranteed Withdrawal Amount at the time of that withdrawal. The second withdrawal of $5,000, however, results in cumulative withdrawals of $10,000 during year two and causes a proportional reduction to the Remaining Guaranteed Withdrawal Amount and the Total Guaranteed Withdrawal Amount. The proportional reduction would be equal to the entire amount of the second withdrawal ($5,000) divided by the Account Value before that withdrawal.)
b.     Lifetime Withdrawal Guarantee I — Reduction to Account Value
Assume that a contract with the Lifetime Withdrawal Guarantee I rider had an initial Purchase Payment of $100,000. The initial Account Value would be $100,000, the Total Guaranteed Withdrawal Amount would be $100,000, the initial Remaining Guaranteed Withdrawal Amount would be $100,000 and the initial Annual Benefit Payment would be $5,000 ($100,000 × 5%).
Assume that the Remaining Guaranteed Withdrawal Amount is reduced to $95,000 due to a withdrawal of $5,000 in the first year. Assume the Account Value was further reduced to $75,000 at year two due to poor market performance. If you withdrew $10,000 at this time, your Account Value would be reduced to $75,000 $10,000 = $65,000. Your Remaining Guaranteed Withdrawal Amount would be reduced to $95,000 $10,000 = $85,000. Since the withdrawal of $10,000 exceeded the Annual Benefit Payment of $5,000 and the resulting Remaining Guaranteed Withdrawal Amount would be greater than the resulting Account Value, there would be an additional reduction to the Remaining Guaranteed Withdrawal Amount. The Remaining Guaranteed Withdrawal Amount after the withdrawal would be set equal to the Account Value after the withdrawal ($65,000). This new Remaining Guaranteed Withdrawal Amount of $65,000 would now be the amount guaranteed to be available to be withdrawn over time. The Total Guaranteed Withdrawal Amount would also be reduced to $65,000. The Annual Benefit Payment would be set equal to 5% × $65,000 = $3,250.
B.    Lifetime Withdrawal Guarantee II — Automatic Annual Step-Ups (No Withdrawals)
Assume that a contract with the Lifetime Withdrawal Guarantee II rider had an initial Purchase Payment of $100,000 and the contract Owner was age 67 at the time the contract was issued. Assume that no withdrawals are taken.
At the first contract anniversary, assume the Account Value has increased to $110,000 due to good market performance. The Automatic Annual Step-Up will increase the Total Guaranteed Withdrawal Amount from $100,000 to $110,000 and reset the Annual Benefit Payment to $5,500 ($110,000 × 5%).
At the second contract anniversary, assume the Account Value has increased to $120,000 due to good market performance. The Automatic Annual Step-Up will increase the Total Guaranteed Withdrawal Amount from $110,000 to $120,000 and reset the Annual Benefit Payment to $6,000 ($120,000 × 5%).
Assume that on the third through the eighth contract anniversaries the Account Value does not exceed the Total Guaranteed Withdrawal Amount due to poor market performance. No Automatic Annual Step-Up will take place on the third through
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the eighth contract anniversaries and the Annual Benefit Payment will remain $6,000 ($120,000 × 5%). Assume the Account Value at the ninth contract anniversary has increased to $150,000 due to good market performance. The Automatic Annual Step-Up will increase the Total Guaranteed Withdrawal Amount from $120,000 to $150,000. Because the contract Owner is now age 76 and did not take any withdrawals before the Contract Year in which he or she attained age 76, the Withdrawal Rate will also reset from 5% to 6%. The Annual Benefit Payment will be reset to $9,000 ($150,000 × 6%).
C.    For Contracts Issued Before July 13, 2009 — Lifetime Withdrawal Guarantee II — Compounding Income Amount
Assume that a contract issued before July 13, 2009 with the Lifetime Withdrawal Guarantee II rider had an initial Purchase Payment of $100,000. The initial Remaining Guaranteed Withdrawal Amount would be $100,000, the Total Guaranteed Withdrawal Amount would be $100,000, and the Annual Benefit Payment would be $5,000 ($100,000 × 5%). (If the contract Owner makes the first withdrawal during a Contract Year in which the Owner attains or will attain age 76, the Withdrawal Rate is 6% instead of 5% and the Annual Benefit Payment would be $6,000. For the purposes of this example, assume the contract Owner makes the first withdrawal before the Contract Year in which the Owner attains or will attain age 76 and the Withdrawal Rate is therefore 5%.)
The Total Guaranteed Withdrawal Amount will increase by 7.25% of the Total Guaranteed Withdrawal Amount on each contract anniversary until the earlier of the second withdrawal or the 10th contract anniversary. The Annual Benefit Payment will be recalculated as 5% of the new Total Guaranteed Withdrawal Amount.
If the second withdrawal is taken in the first Contract Year, then there would be no increase: the Total Guaranteed Withdrawal Amount would remain at $100,000 and the Annual Benefit Payment will remain at $5,000 ($100,000 × 5%).
If the second withdrawal is taken in the second Contract Year, then the Total Guaranteed Withdrawal Amount would increase to $107,250 ($100,000 × 107.25%), and the Annual Benefit Payment would increase to $5,362 ($107,250 × 5%).
If the second withdrawal is taken in the third Contract Year, then the Total Guaranteed Withdrawal Amount would increase to $115,025 ($107,250 × 107.25%), and the Annual Benefit Payment would increase to $5,751 ($115,025 × 5%).
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If the second withdrawal is taken after the 10th Contract Year, then the Total Guaranteed Withdrawal Amount would increase to $201,360 (the initial $100,000, increased by 7.25% per year, compounded annually for 10 years), and the Annual Benefit Payment would increase to $10,068 ($201,360 × 5%).
(The Lifetime Withdrawal Guarantee I rider has a 5% Compounding Income Amount and the Total Guaranteed Withdrawal Amount is increased by 5% on each contract anniversary until the earlier of the date of the first withdrawal or the tenth contract anniversary.)
  
  
  
D.    For Contracts Issued Before July 13, 2009 — Lifetime Withdrawal Guarantee II — Automatic Annual Step-Ups and 7.25% Compounding Income Amount (No Withdrawals)
Assume that a contract issued before July 13, 2009 with the Lifetime Withdrawal Guarantee II rider had an initial Purchase Payment of $100,000. Assume that no withdrawals are taken.
At the first contract anniversary, assuming that no withdrawals are taken, the Total Guaranteed Withdrawal Amount is increased to $107,250 ($100,000 increased by 7.25%, compounded annually). Assume the Account Value has increased to $110,000 at the first contract anniversary due to good market performance. The Automatic Annual Step-Up will increase the Total Guaranteed Withdrawal Amount from $107,250 to $110,000 and reset the Annual Benefit Payment to $5,500 ($110,000 × 5%).
At the second contract anniversary, assuming that no withdrawals are taken, the Total Guaranteed Withdrawal Amount is increased to $117,975 ($110,000 increased by 7.25%, compounded annually). Assume the Account Value has increased to $120,000 at the second contract anniversary due to good market performance. The Automatic Annual Step-Up will increase the Total Guaranteed Withdrawal Amount from $117,975 to $120,000 and reset the Annual Benefit Payment to $6,000 ($120,000 × 5%).
Assuming that no withdrawals are taken, each year the Total Guaranteed Withdrawal Amount would increase by 7.25%, compounded annually, from the second contract anniversary through the ninth contract anniversary, and at that point would be equal to $195,867. Assume that during these Contract Years the Account Value does not exceed the Total Guaranteed Withdrawal Amount due to poor market performance. Assume the Account Value at the ninth contract anniversary has increased to $200,000 due to good market performance. The Automatic Annual Step-Up will increase the Total Guaranteed Withdrawal Amount from $195,867 to $200,000 and reset the Annual Benefit Payment to $10,000 ($200,000 × 5%).
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At the 10th contract anniversary, assuming that no withdrawals are taken, the Total Guaranteed Withdrawal Amount is increased to $214,500 ($200,000 increased by 7.25%, compounded annually). Assume the Account Value is less than $214,500. There is no Automatic Annual Step-Up since the Account Value is below the Total Guaranteed Withdrawal Amount; however, due to the 7.25% increase in the Total Guaranteed Withdrawal Amount, the Annual Benefit Payment is increased to $10,725 ($214,500 × 5%).
E.    Enhanced Guaranteed Withdrawal Benefit and GWB I — How Withdrawals Affect the Benefit Base
1.    An initial Purchase Payment is made of $100,000. The initial Benefit Base would be $105,000 ($100,000 + 5% GWB Bonus Amount). Assume that the Account Value grew to $110,000 because of market performance. If a subsequent withdrawal of $10,000 were made, the Benefit Base would be reduced to $105,000 - $10,000 = $95,000. Assume the withdrawal of $10,000 exceeded the Annual Benefit Payment. Since the Account Value of $100,000 exceeds the Benefit Base of $95,000, no further reduction to the Benefit Base is made.
2.    An initial Purchase Payment is made of $100,000. The initial Benefit Base would be $105,000. Assume that the Account Value shrank to $90,000 because of market performance. If a subsequent withdrawal of $10,000 were made, the Benefit Base would be reduced to $95,000 and the Account Value would be reduced to $80,000. Assume the withdrawal of $10,000 exceeded the Annual Benefit Payment. Since the Account Value of $80,000 is less than the Benefit Base of $95,000, a further reduction of the $15,000 difference is made, bringing the Benefit Base to $80,000.
F.    Enhanced Guaranteed Withdrawal Benefit and GWB I — How Withdrawals and Subsequent Purchase Payments Affect the Annual Benefit Payment
An initial Purchase Payment is made of $100,000. The initial Benefit Base would be $105,000 and the initial Annual Benefit Payment would be $7,350 ($105,000 x 7%). If $7,000 withdrawals were then made for each of the next five years, the Benefit Base would be decreased to $70,000. If a subsequent Purchase Payment of $10,000 were made the next day, the Benefit Base would be increased to $70,000 + $10,000 + (5% x $10,000) = $80,500. The Annual Benefit Payment would be reset to the greater of a) $7,350 (the Annual Benefit Payment before the second Purchase Payment) and b) $5,635 (7% multiplied by the Benefit Base after the second Purchase Payment). In this case, the Annual Benefit Payment would remain at $7,350.
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G.    Enhanced Guaranteed Withdrawal Benefit and GWB I — How Withdrawals Affect the Annual Benefit Payment
1.    An initial Purchase Payment is made of $100,000. The initial Benefit Base would be $105,000 and the initial Annual Benefit Payment would be $7,350. If a withdrawal of $9,000 was made the next day, and negative market performance reduced the Account Value by an additional $1,000, the Account Value would be reduced to $100,000 - $9,000 - $1,000 = $90,000. Since the withdrawal of $9,000 exceeded the Annual Benefit Payment of $7,350, the Annual Benefit Payment would be reset to the lower of a) $7,350 (the Annual Benefit Payment before the withdrawal) and b) $6,300 (7% multiplied by the Account Value after the withdrawal). In this case the Annual Benefit Payment would be reset to $6,300.
2.    An initial Purchase Payment is made of $100,000. The initial Benefit Base would be $105,000 and the initial Annual Benefit Payment would be $7,350. If a withdrawal of $10,000 was made two years later after the Account Value had increased to $150,000, the Account Value would be reduced to $140,000. Since the withdrawal of $10,000 exceeded the Annual Benefit Payment of $7,350, the Annual Benefit Payment would be reset to the lower of a) $7,350 (the Annual Benefit Payment before the withdrawal) and b) $9,800 (7% multiplied by the Account Value after the withdrawal). In this case the Annual Benefit Payment would remain at $7,350.
H.    Enhanced Guaranteed Withdrawal Benefit and GWB I — How Withdrawals and Subsequent Purchase Payments Affect the Guaranteed Withdrawal Amount
An initial Purchase Payment is made of $100,000 and the initial Guaranteed Withdrawal Amount and initial Benefit Base would both be $105,000. Assume that over the next five years, withdrawals reduced the Benefit Base to $70,000. If a subsequent Purchase Payment of $10,000 was made, the Benefit Base would be increased to $70,000 + $10,000 + (5% x $10,000) = $80,500. The Guaranteed Withdrawal Amount would be reset to the greater of a) $105,000 (the Guaranteed Withdrawal Amount before the second Purchase Payment) and b) $80,500 (the Benefit Base after the second Purchase Payment). In this case, the Guaranteed Withdrawal Amount would remain at $105,000.
I.    Enhanced Guaranteed Withdrawal Benefit and GWB I — Putting It All Together
1.    When Withdrawals Do Not Exceed the Annual Benefit Payment
An initial Purchase Payment is made of $100,000. The initial Benefit Base would be $105,000, the Guaranteed Withdrawal Amount would be $105,000, and the Annual Benefit Payment would be $7,350. Assume that the Benefit Base was reduced to $82,950 due to 3 years of withdrawing $7,350 each year and assume that the Account Value was further reduced to $50,000 at year four due to poor market performance. If you withdrew $7,350 at this time, your Account Value would be
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reduced to $50,000 - $7,350 = $42,650. Your Benefit Base would be reduced to $82,950 - $7,350 = $75,600. Since the withdrawal of $7,350 did not exceed the Annual Benefit Payment, there would be no additional reduction to the Benefit Base. The Guaranteed Withdrawal Amount would remain at $105,000 and the Annual Benefit Payment would remain at $7,350.
  
  
  
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2.    When Withdrawals Do Exceed the Annual Benefit Payment
An initial Purchase Payment is made of $100,000. The initial Benefit Base would be $105,000, the Guaranteed Withdrawal Amount would be $105,000, and the Annual Benefit Payment would be $7,350. Assume that the Benefit Base was reduced to $82,950 due to 3 years of withdrawing $7,350 each year. Assume the Account Value was further reduced to $50,000 at year four due to poor market performance. If you withdrew $10,000 at this time, your Account Value would be reduced to $50,000 - $10,000 = $40,000. Your Benefit Base would be reduced to $82,950 - $10,000 = $72,950. Since the withdrawal of $10,000 exceeded the Annual Benefit Payment of $7,350 and the resulting Benefit Base would be greater than the resulting Account Value, there would be an additional reduction to the Benefit Base. The Benefit Base after the withdrawal would be set equal to the Account Value after the withdrawal = $40,000. The Annual Benefit Payment would be set equal to the lesser of $7,350 and 7% x $40,000 = $2,800. The Guaranteed Withdrawal Amount would remain at $105,000, but this amount now no longer would be guaranteed to be received over time. The new Benefit Base of $40,000 would be now the amount guaranteed to be available to be withdrawn over time.
  
  
  
J.    Enhanced GWB — How the Optional Reset Works (may be elected prior to age 86)
Assume that a contract had an initial Purchase Payment of $100,000 and the fee is 0.55%. The initial Account Value would be $100,000, the initial Benefit Base would be $105,000, the Guaranteed Withdrawal Amount would be $105,000 and the Annual Benefit Payment would be $7,350 (assuming you began withdrawing in your first year).
The Account Value on the third contract anniversary grew due to market performance to $148,350. Assume the fee remains at 0.55%. If an Optional Reset is elected or Automatic Annual Resets are in effect, the charge would remain at 0.55%, the Guaranteed Withdrawal Amount and the Benefit Base would both be reset to $148,350, and the Annual Benefit Payment would become 7% x $148,350 = $10,385.
The Account Value on the sixth contract anniversary grew due to market performance to $179,859. Assume the fee has been increased to 0.60%. If an Optional Reset is elected or Automatic Annual Resets are in effect, the charge would increase to 0.60%, the Guaranteed Withdrawal Amount and the Benefit Base would both be reset to $179,859, and the Annual Benefit Payment would become 7% x $179,859 = $12,590.
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The Account Value on the ninth contract anniversary grew due to market performance to $282,582. Assume the fee is still 0.60%. If an Optional Reset is elected or Automatic Annual Resets are in effect, the charge would remain at 0.60%, the Guaranteed Withdrawal Amount and the Benefit Base would both be reset to $282,582, and the Annual Benefit Payment would become 7% x $282,582 = $19,781.
The period of time over which the Annual Benefit Payment may be taken would be lengthened.
  
  
  
K.     Enhanced GWB — How a One-Time Optional Reset May Increase the Benefit Base While Decreasing the Guaranteed Withdrawal Amount and Annual Benefit Payment
Assume that a contract had an initial Purchase Payment of $100,000. The initial Account Value would be $100,000, the initial Benefit Base would be $105,000, the Guaranteed Withdrawal Amount would be $105,000 and the Annual Benefit Payment would be $7,350.
Assume that the Benefit Base is reduced to $70,000 due to 5 years of withdrawing $7,000 each year, but also assume that, due to positive market performance, the Account Value at the end of 5 years is $80,000. If a one-time Optional Reset is elected, the Benefit Base would be reset from $70,000 to $80,000, the Guaranteed Withdrawal Amount would be reduced from $105,000 to $80,000, and the Annual Benefit Payment would be reduced from $7,350 to $5,600 ($80,000 x 7%). (If you elect Automatic Annual Resets, a reset will not occur if the Account Value is lower than the Guaranteed Withdrawal Amount.)
Under these circumstances, the one-time Optional Reset increases the Benefit Base (the remaining amount of money you are guaranteed to receive) by $10,000, but also reduces the Annual Benefit Payment, thereby lengthening the period of time over which you will receive the money. This Optional Reset also reduces the Guaranteed Withdrawal Amount, against which the GWB rider charge is calculated. If the GWB rider charge fee rate does not increase in connection with the Optional Reset, the reduced Guaranteed Withdrawal Amount will result in a reduction in the amount of the annual GWB rider charge.
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L.    Enhanced GWB and GWB I — Annual Benefit Payment Continuing When Account Value Reaches Zero
Assume that a contract had an initial Purchase Payment of $100,000. The initial Account Value would be $100,000, the initial Benefit Base would be $105,000 and the initial Annual Benefit Payment would be $7,350 ($105,000 x 7%).
Assume that the Benefit Base was reduced to $31,500 due to 10 years of withdrawing $7,350 each year and assume that the Account Value was further reduced to $0 at year 11 due to poor market performance. We would commence making payments to you (equal, on an annual basis, to the Annual Benefit Payment) until the Benefit Base is exhausted.
In this situation (assuming monthly payments), there would be 51 payments of $612.50 and a final payment of $262.50, which, in sum, would deplete the $31,500 Benefit Base. The total amount withdrawn over the life of the contract would then be $105,000.
  
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APPENDIX E
Death Benefit Examples
The purpose of these examples is to illustrate the operation of the Principal Protection death benefit, the Annual Step-Up death benefit, the Compounded-Plus death benefit, and the Enhanced Death Benefit riders. The investment results shown are hypothetical and are not representative of past or future performance. Actual investment results may be more or less than those shown and will depend upon a number of factors, including the investment allocation made by a contract Owner and the investment experience of the Investment Portfolios chosen. The examples do not reflect the deduction of fees and expenses, or income taxes and tax penalties.
Principal Protection Death Benefit
The purpose of this example is to show how partial withdrawals reduce the Principal Protection death benefit proportionately by the percentage reduction in Account Value attributable to each partial withdrawal.
        Date Amount  
A   Initial Purchase Payment   9/1/2021 $100,000  
B   Account Value   9/1/2022
(First Contract Anniversary)
$104,000  
C   Death Benefit   As of 9/1/2022 $104,000
(= greater of A and B)
 
D   Account Value   9/1/2023
(Second Contract Anniversary)
$90,000  
E   Death Benefit   9/1/2023 $100,000
(= greater of A and D)
 
F   Withdrawal   9/2/2023 $9,000  
G   Percentage Reduction in Account Value   9/2/2023 10%
(= F/D)
 
H   Account Value after Withdrawal   9/2/2023 $81,000
(= D-F)
 
I   Purchase Payments Reduced for Withdrawal   As of 9/2/2023 $90,000
(= A-(A × G))
 
J   Death Benefit   9/2/2023 $90,000
(= greater of H and I)
 
Notes to Example
Purchaser is age 60 at issue.
The Account Values on 9/1/2023 and 9/2/2023 are assumed to be equal prior to the withdrawal.
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Annual Step-Up Death Benefit
The purpose of this example is to show how partial withdrawals reduce the Annual Step-Up death benefit proportionately by the percentage reduction in Account Value attributable to each partial withdrawal.
        Date Amount  
A   Initial Purchase Payment   9/1/2021 $100,000  
B   Account Value   9/1/2022
(First Contract Anniversary)
$104,000  
C   Death Benefit (Highest Anniversary Value)   As of 9/1/2022 $104,000
(= greater of A and B)
 
D   Account Value   9/1/2023
(Second Contract Anniversary)
$90,000  
E   Death Benefit (Highest Contract Year Anniversary)   9/1/2023 $104,000
(= greater of B and D)
 
F   Withdrawal   9/2/2023 $9,000  
G   Percentage Reduction in Account Value   9/2/2023 10%
(= F/D)
 
H   Account Value after Withdrawal   9/2/2023 $81,000
(= D-F)
 
I   Highest Anniversary Value Reduced for Withdrawal   As of 9/2/2023 $93,600
(= E-(E × G))
 
J   Death Benefit   9/2/2023 $93,600
(= greater of H and I)
 
Notes to Example
Purchaser is age 60 at issue.
The Account Values on 9/1/2023 and 9/2/2023 are assumed to be equal prior to the withdrawal.
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Compounded-Plus Death Benefit
The purpose of this example is to show how partial withdrawals reduce the Compounded-Plus death benefit proportionately by the percentage reduction in Account Value attributable to each partial withdrawal.
        Date Amount  
A   Initial Purchase Payment   9/1/2021 $100,000  
B   Account Value   9/1/2021 (First Contract Anniversary) $104,000  
C1   Account Value (Highest Anniversary Value)   9/1/2022 $104,000
(= greater of A and B)
 
C2   5% Annual Increase Amount   9/1/2022 $105,000
(= A × 1.05)
 
C3   Death Benefit   As of 9/1/2022 $105,000
(= greater of C1 and C2)
 
D   Account Value   9/1/2023 (Second Contract Anniversary) $90,000  
E1   Highest Anniversary Value   9/1/2023 $104,000
(= greater of C1 and D)
 
E2   5% Annual Increase Amount   As of 9/1/2023 $110,250
(= A × 1.05 × 1.05)
 
E3   Death Benefit   9/1/2023 $110,250
(= greater of E1 and E2)
 
F   Withdrawal   9/2/2023 $9,000  
G   Percentage Reduction in Account Value   9/2/2023 10%
(= F/D)
 
H   Account Value after Withdrawal   9/2/2023 $81,000
(= D-F)
 
I1   Highest Anniversary Value Reduced for Withdrawal   As of 9/2/2023 $93,600
(= E1-(E1 × G))
 
I2   5% Annual Increase Amount Reduced for Withdrawal   As of 9/2/2023 $99,238
(= E2-(E2 × G). Note: E2 includes additional
day of interest at 5%)
 
I3   Death Benefit   9/2/2023 $99,238
(= greatest of H, I1 and I2)
 
Notes to Example
Purchaser is age 60 at issue.
The Account Values on 9/1/2023 and 9/2/2023 are assumed to be equal prior to the withdrawal.
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Enhanced Death Benefit
The purpose of these examples is to illustrate the operation of the Death Benefit Base under the Enhanced Death Benefit. (These examples use the annual increase rate for the Enhanced Death Benefit II rider, 5%. If a contract was issued with the EDB Max I rider or certain versions of the Enhanced Death Benefit I rider, the annual increase rate is 6% instead of 5%. See “Death Benefit — Optional Death Benefit — EDB Max I” and “Death Benefit — Description of Enhanced Death Benefit I.”) Example (7) shows how required minimum distributions affect the Death Benefit Base when the Enhanced Death Benefit II rider is elected with an IRA contract (or another contract subject to Section 401(a)(9) of the Internal Revenue Code).
(1) Withdrawal Adjustments to Annual Increase Amount
         Dollar-for-dollar adjustment when withdrawal is less than or equal to 5% of the Annual Increase Amount from the prior contract anniversary
         Assume the initial Purchase Payment is $100,000 and the Enhanced Death Benefit II is selected. Assume that during the first Contract Year, $5,000 is withdrawn. Because the withdrawal is less than or equal to 5% of the Annual Increase Amount from the prior contract anniversary, the Annual Increase Amount is reduced by the withdrawal on a dollar-for-dollar basis to $100,000 ($100,000 increased by 5% per year, compounded annually, less $5,000 = $100,000). Assuming no other Purchase Payments or withdrawals are made before the second contract anniversary, the Annual Increase Amount at the second contract anniversary will be $105,000 ($100,000 increased by 5% per year, compounded annually).
         Proportionate adjustment when withdrawal is greater than 5% of the Annual Increase Amount from the prior contract anniversary
         Assume the initial Purchase Payment is $100,000 and the Enhanced Death Benefit II is selected. Assume the Account Value at the first contract anniversary is $100,000. The Annual Increase Amount at the first contract anniversary will be $105,000 ($100,000 increased by 5% per year, compounded annually). Assume that on the first contract anniversary, $10,000 is withdrawn (leaving an account balance of $90,000). Because the withdrawal is greater than 5% of the Annual Increase Amount from the prior contract anniversary, the Annual Increase Amount is reduced by the value of the Annual Increase Amount immediately prior to the withdrawal ($105,000) multiplied by the percentage reduction in the Account Value attributed to that withdrawal (10%). Therefore, the new Annual Increase Amount is $94,500 ($105,000 x 10% = $10,500; $105,000 - $10,500 = $94,500). Assuming no other Purchase Payments or withdrawals are made before the second contract anniversary, the Annual Increase Amount at the second contract anniversary will be $99,225 ($94,500 increased by 5% per year, compounded annually).
(2) The Annual Increase Amount
        Example
         Assume the contract Owner is a male, age 55 at issue, and he elects the Enhanced Death Benefit II rider. He makes an initial Purchase Payment of $100,000, and makes no additional Purchase Payments or partial withdrawals. On the contract issue date, the Annual Increase Amount is equal to $100,000 (the initial Purchase Payment). The Annual Increase Amount is calculated at each contract anniversary (through the contract anniversary on or following the contract Owner's 90th birthday). At the tenth contract anniversary, when the contract Owner is age 65, the Annual Increase Amount is $162,889 ($100,000 increased by 5% per year, compounded annually). See section (3) below for an example of the calculation of the Highest Anniversary Value.
        Determining a death benefit based on the Annual Increase Amount
         Assume that you make an initial Purchase Payment of $100,000. Prior to annuitization, your Account Value fluctuates above and below your initial Purchase Payment depending on the investment performance of the subaccounts you selected. The Annual Increase Amount, however, accumulates an amount equal to your Purchase Payments at the Annual Increase Rate of 5% per year, until the contract anniversary on or following the contract Owner's 90th birthday. The Annual Increase Amount is also adjusted for any withdrawals made during this period. The Annual Increase Amount is the value upon which a future death benefit amount can be based (if it is greater than the Highest Anniversary Value and Account Value on the date the death benefit amount is determined).
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(3) The Highest Anniversary Value (HAV)
        Example
          Assume, as in the example in section (2) above, the contract Owner is a male, age 55 at issue, and he elects the Enhanced Death Benefit II rider. He makes an initial Purchase Payment of $100,000, and makes no additional Purchase Payments or partial withdrawals. On the contract issue date, the Highest Anniversary Value is equal to $100,000 (the initial Purchase Payment). Assume the Account Value on the first contract anniversary is $108,000 due to good market performance. Because the Account Value is greater than the Highest Anniversary Value ($100,000), the Highest Anniversary Value is set equal to the Account Value ($108,000). Assume the Account Value on the second contract anniversary is $102,000 due to poor market performance. Because the Account Value is less than the Highest Anniversary Value ($108,000), the Highest Anniversary Value remains $108,000.
         Assume this process is repeated on each contract anniversary until the tenth contract anniversary, when the Account Value is $155,000 and the Highest Anniversary Value is $150,000. The Highest Anniversary Value is set equal to the Account Value ($155,000).
        Determining a death benefit based on the Highest Anniversary Value
         Prior to annuitization, the Highest Anniversary Value begins to lock in growth. The Highest Anniversary Value is adjusted upward each contract anniversary if the Account Value at that time is greater than the amount of the current Highest Anniversary Value. Upward adjustments will continue until the contract anniversary immediately prior to the contract Owner's 81st birthday. The Highest Anniversary Value also is adjusted for any withdrawals taken or any additional payments made. The Highest Anniversary Value is the value upon which a future death benefit amount can be based (if it is greater than the Annual Increase Amount and Account Value on the date the death benefit amount is determined).
(4) Putting It All Together
        Example
         Continuing the examples in sections (2) and (3) above, assume the contract Owner dies after the tenth contract anniversary but prior to the eleventh contract anniversary, and on the date the death benefit amount is determined, the Account Value is $150,000 due to poor market performance. Because the Annual Increase Amount ($162,889) is greater than the Highest Anniversary Value ($155,000), the Annual Increase Amount ($162,889) is used as the Death Benefit Base. Because the Death Benefit Base ($162,889) is greater than the Account Value ($150,000), the Death Benefit Base will be the death benefit amount.
         The above example does not take into account the impact of premium and other taxes. The Death Benefit Base is not available for cash withdrawals and is only used for purposes of calculating the death benefit amount and the charge for the benefit.
(5) The Optional Step-Up
Assume your initial Purchase Payment is $100,000 and no withdrawals are taken. The Annual Increase Amount increases to $105,000 on the first anniversary ($100,000 increased by 5% per year, compounded annually). Assume your Account Value at the first contract anniversary is $110,000 due to good market performance, and you elect an Optional Step-Up.
The effect of the Optional Step-Up election is:
(1)  The Annual Increase Amount resets from $105,000 to $110,000; and
(2)  The Enhanced Death Benefit II rider charge may be reset to the fee we would charge new contract Owners for the Enhanced Death Benefit II at that time.
The Annual Increase Amount increases to $115,500 on the second anniversary ($110,000 increased by 5% per year, compounded annually). Assume your Account Value at the second contract anniversary is $112,000 due to poor market performance. You may NOT elect an Optional Step-Up at this time, because the Account Value is less than the Annual Increase Amount.
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(6) The Optional Step-Up: Automatic Annual Step-Up
Assume your initial Purchase Payment is $100,000 and no withdrawals are taken. The Annual Increase Amount increases to $105,000 on the first anniversary ($100,000 increased by 5% per year, compounded annually). Assume your Account Value at the first contract anniversary is $110,000 due to good market performance, and you elected Optional Step-Ups to occur under the Automatic Annual Step-Up feature prior to the first contract anniversary. Because your Account Value is higher than your Annual Increase Amount, an Optional Step-Up will automatically occur.
The effect of the Optional Step-Up is:
(1)  The Annual Increase Amount automatically resets from $105,000 to $110,000; and
(2)  The Enhanced Death Benefit II rider charge may be reset to the fee we would charge new contract Owners for the Enhanced Death Benefit II at that time.
The Annual Increase Amount increases to $115,500 on the second anniversary ($110,000 increased by 5% per year, compounded annually). Assume your Account Value at the second contract anniversary is $120,000 due to good market performance, and you have not discontinued the Automatic Annual Step-Up feature. Because your Account Value is higher than your Annual Increase Amount, an Optional Step-Up will automatically occur.
The effect of the Optional Step-Up is:
(1)  The Annual Increase Amount automatically resets from $115,500 to $120,000; and
(2)  The Enhanced Death Benefit II rider charge may be reset to the fee we would charge new contract Owners for the Enhanced Death Benefit II at that time.
Assume your Account Value increases by $10,000 at each contract anniversary in years three through seven. At each contract anniversary, your Account Value would exceed the Annual Increase Amount and an Optional Step-Up would automatically occur (provided you had not discontinued the Automatic Annual Step-Up feature, and other requirements were met).
The effect of the Optional Step-Up is:
(1)  The Annual Increase Amount automatically resets to the higher Account Value; and
(2)  The Enhanced Death Benefit II rider charge may be reset to the fee we would charge new contract Owners for the Enhanced Death Benefit II at that time.
After the seventh contract anniversary, the initial Automatic Annual Step-Up election expires. Assume you do not make a new election of the Automatic Annual Step-Up. The Annual Increase Amount increases to $178,500 on the eighth anniversary ($170,000 increased by 5% per year, compounded annually). Assume your Account Value at the eighth contract anniversary is $160,000 due to poor market performance. An Optional Step-Up is NOT permitted because your Account Value is lower than your Annual Increase Amount. However, because the Optional Step-Up has locked-in previous gains, the Annual Increase Amount remains at $178,500 despite poor market performance, and, provided the rider continues in effect, will continue to grow at 5% annually (subject to adjustments for additional Purchase Payments and/or withdrawals) through the contract anniversary on or after your 90th birthday. Also, note the Enhanced Death Benefit II rider charge remains at its current level.
(7) Required Minimum Distribution Examples — Enhanced Death Benefit II
The following examples only apply to IRAs and other contracts subject to Section 401(a)(9) of the Internal Revenue Code. Assume an IRA contract is issued on September 1, 2016 and the Enhanced Death Benefit II rider is selected. Assume that on the first contract anniversary (September 1, 2017), the Annual Increase Amount is $100,000. Assume the required minimum distribution amount for 2017 with respect to this contract is $6,000, and the required minimum distribution amount for 2018 with respect to this contract is $7,200. Assume that on both the first contract anniversary (September 1, 2017) and the second contract anniversary (September 1, 2018) the Account Value is $100,000. On the second contract anniversary, the annual increase rate is the greater of:
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(a)  5%; or
(b)  the required minimum distribution rate (as defined below).
The required minimum distribution rate equals the greater of:
(1)  the required minimum distribution amount for 2017 ($6,000) or for 2018 ($7,200), whichever is greater, divided by the sum of: (i) the Annual Increase Amount as of September 1, 2017 ($100,000) and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year ($0);
(2a)  if the contract Owner enrolls only in the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under the Automated Required Minimum Distribution Program, divided by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year; or
(2b)  if the contract Owner enrolls in both the Systematic Withdrawal Program and the Automated Required Minimum Distribution Program, the total withdrawals during the Contract Year under (I) the Systematic Withdrawal Program (up to a maximum of 5% of the Annual Increase Amount at the beginning of the Contract Year) and (II) the Automated Required Minimum Distribution Program (which can be used to pay out any amount above the Systematic Withdrawal Program withdrawals that must be withdrawn to fulfill minimum distribution requirements at the end of the calendar year), divided by by the sum of: (i) the Annual Increase Amount at the beginning of the Contract Year and (ii) any subsequent Purchase Payments received during the Contract Year before the end of the calendar year.
Because $7,200 (the required minimum distribution amount for 2018) is greater than $6,000 (the required minimum distribution amount for 2017), (1) is equal to $7,200 divided by $100,000, or 7.2%.
(i)  Withdrawals Through the Automated Required Minimum Distribution Program
If the contract Owner enrolls in the Automated Required Minimum Distribution Program and elects monthly withdrawals, the Owner will receive $6,800 over the second Contract Year (from September 2017 through August 2018). Assuming the Owner makes no withdrawals outside the Automated Required Minimum Distribution Program, on September 1, 2018, the Annual Increase Amount will be increased to $100,400. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn through the Automated Required Minimum Distribution Program ($6,800): $100,000 increased by 7.2% = $107,200; $107,200 - $6,800 = $100,400.
(Why does the contract Owner receive $6,800 under the Automated Required Minimum Distribution Program in this example? From September through December 2017, the Owner receives $500 per month ($500 equals the $6,000 required minimum distribution amount for 2017 divided by 12). From January through August 2018, the Owner receives $600 per month ($600 equals the $7,200 required minimum distribution amount for 2018 divided by 12). The Owner receives $2,000 in 2017 and $4,800 in 2018, for a total of $6,800.)
(ii)  Withdrawals Outside the Automated Required Minimum Distribution Program
If the contract Owner withdraws the $6,000 required minimum distribution amount for 2017 in December 2017 and makes no other withdrawals from September 2017 through August 2018, the Annual Increase Amount on September 1, 2018 will be $101,200. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn ($6,000): $100,000 increased by 7.2% = $107,200; $107,200 - $6,000 = $101,200.
If the contract Owner withdraws the $7,200 required minimum distribution amount for 2018 in January 2018 and makes no other withdrawals from September 2017 through August 2018, the Annual Increase Amount on September 1, 2018 will be $100,000. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn ($7,200): $100,000 increased by 7.2% = $107,200; $107,200 - $7,200 = $100,000.
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(iii)  Withdrawals in Excess of the Required Minimum Distribution Amounts
Assume the contract Owner withdraws $7,250 on September 1, 2017 and makes no other withdrawals before the second contract anniversary. Because the $7,250 withdrawal exceeds the required minimum distribution amounts for 2017 and 2018, the annual increase rate will be 5% and the Annual Increase Amount on the second contract anniversary (September 1, 2018) will be $97,387.50. On September 1, 2017, the Annual Increase Amount is reduced by the value of the Annual Increase Amount immediately prior to the withdrawal ($100,000) multiplied by the percentage reduction in the Account Value attributed to the withdrawal (7.25%). Therefore, the new Annual Increase Amount is $92,750 ($100,000 × 7.25% = $7,250; $100,000 - $7,250 = $92,750). Assuming no other Purchase Payments or withdrawals are made before the second contract anniversary, the Annual Increase Amount on the second contract anniversary (September 1, 2018) will be $97,387.50 ($92,750 increased by 5% per year compounded annually).
(iv)  No Withdrawals
If the contract Owner fulfills the minimum distribution requirements by making withdrawals from other IRA accounts and does not make any withdrawals from this contract, the Annual Increase Amount on September 1, 2018 will be $107,200. This is calculated by increasing the Annual Increase Amount from September 1, 2017 ($100,000) by the annual increase rate (7.2%) and subtracting the total amount withdrawn from the contract ($0).
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Statement of Additional Information
Individual Variable Deferred Annuity Contract
issued by
Brighthouse Separate Account A
and
Brighthouse Life Insurance Company
Series C
(offered between September 4, 2001 and October 7, 2011)
This is not a prospecuts. This Statement of Additional Information (“SAI”) should be read in conjunction with, the Prospectus dated April 30, 2021, for the Individual Variable Deferred Annuity Contract that is described herein.
The prospectus concisely sets forth information that a prospective investor ought to know before investing. For a copy of the prospectus write us at: P.O. Box 305075, Nashville, TN 37230-5075, or call (888) 243-1932.
This Statement of Additional Information is dated April 30, 2021.
SAI-0421BLICC
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THE COMPANY
Brighthouse Life Insurance Company (“BLIC” or the “Company”) is a Delaware corporation originally incorporated in Connecticut in 1863. Prior to March 6, 2017, BLIC was known as MetLife Insurance Company USA. BLIC is licensed to conduct business in all U.S. states (except New York), the District of Columbia, Puerto Rico, Guam, the U.S. Virgin Islands, the British Virgin Islands and the Bahamas. BLIC is an indirect, wholly-owned subsidiary of, and ultimately controlled by, Brighthouse Financial, Inc. (“BHF”), a publicly-traded company. Prior to August 4, 2017, the Company was an indirect wholly-owned subsidiary of MetLife, Inc. On that date, MetLife, Inc. distributed approximately 80.8% of BHF’s common stock to holders of MetLife Inc.’s common stock, and BHF became a separate, publicly-traded company. BHF, through its subsidiaries and affiliates, is one of the largest providers of annuity and life insurance products in the United States. BLIC’s executive offices are located at 11225 North Community House Road, Charlotte, NC 28277.
Brighthouse Life Insurance Company History
MetLife Insurance Company USA: From the close of business on November 14, 2014 to March 6, 2017, BLIC was called MetLife Insurance Company USA (MetLife USA). MetLife USA was established following the close of business on November 14, 2014, when MetLife Investors USA Insurance Company, a wholly-owned subsidiary of MetLife Insurance Company of Connecticut, MetLife Investors Insurance Company and Exeter Reassurance Company, Ltd. were merged into MetLife Insurance Company of Connecticut, and MetLife Insurance Company of Connecticut was then renamed MetLife Insurance Company USA. Simultaneously, MetLife Insurance Company USA changed its domicile from Connecticut to the state of Delaware. As a result of this merger, MetLife USA assumed legal ownership of all of the assets of these predecessor companies, including assets held in the separate accounts, and became responsible for administering the contracts and paying any benefits due under all contracts issued by each of its corporate predecessors. These predecessor companies that issued contracts on and prior to November 14, 2014 were the following:
MetLife Insurance Company of Connecticut: MetLife Insurance Company of Connecticut (MICC), originally chartered in Connecticut in 1863, was known as
  Travelers Insurance Company prior to May 1, 2006. MICC changed its name to MetLife Insurance Company USA and its state of domicile to Delaware after November 14, 2014 as described under “MetLife Insurance Company USA” above.
MetLife Life and Annuity Company of Connecticut: MetLife Life and Annuity Company of Connecticut (MLAC), originally chartered in Connecticut in 1973, was known as Travelers Life and Annuity Company prior to May 1, 2006. On or about December 7, 2007, MLAC merged with and into MICC.
MetLife Investors USA Insurance Company: MetLife Investors USA Insurance Company (MLI USA), originally chartered in Delaware in 1960, was known as Security First Life Insurance Company prior to January 8, 2001. MLI USA was merged into BLIC after the close of business on November 14, 2014, as described under “MetLife Insurance Company USA” above.
MetLife Investors Insurance Company: MetLife Investors Insurance Company (MLI), originally chartered in Missouri in 1981, was known as Cova Financial Services Life Insurance Company prior to February 12, 2001. MLI was merged into BLIC after the close of business on November 14, 2014, as described under “MetLife Insurance Company USA” above.
MetLife Investors Insurance Company of California: MetLife Investors Insurance Company of California (MLI-CA), originally chartered in California in 1972, was known as Cova Financial Life Insurance Company prior to February 12, 2001. On November 9, 2006 MLI-CA merged with and into MLI.
THE SEPARATE ACCOUNT
We have established a Separate Account, Brighthouse Separate Account A (the “Separate Account”), to hold the assets that underlie the contracts. The Board of Directors of our predecessor, MetLife Investors USA Insurance Company (MLI USA), adopted a resolution to establish the Separate Account under Delaware insurance law on May 29, 1980. We have registered the Separate Account with the SEC as a unit investment trust under the Investment Company Act of 1940. The Separate Account is divided into subaccounts.
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SERVICES
BLIC maintains certain books and records of the Separate Account and provides certain issuance and other administrative services for the Contracts. Pursuant to a services agreement, Computer Sciences Corporation, through its affiliate Alliance-One Services, Inc. provides certain other administrative and recordkeeping services for the Contracts as well as other contracts and policies issued by BLIC. The amount paid to Computer Sciences Corporation for the period January 1, 2020 through December 31, 2020 was $18,839,325.
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The financial statements comprising each of the Sub-Accounts of Brighthouse Separate Account A, incorporated by reference in this Statement of Additional Information, have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report, which is incorporated herein by reference. Such financial statements have been so incorporated in reliance upon the report of such firm given upon their authority as experts in accounting and auditing.
The financial statements, and the related financial statement schedules, of Brighthouse Life Insurance Company, incorporated by reference in this Statement of Additional Information, have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report, which is incorporated herein by reference. Such financial statements and financial statement schedules have been so incorporated in reliance upon the report of such firm given upon their authority as experts in accounting and auditing.
The principal business address of Deloitte & Touche LLP is 650 South Tryon Street, Suite 1800, Charlotte, North Carolina 28202-3512.
CUSTODIAN
Brighthouse Life Insurance Company, 11225 North Community House Road, Charlotte, NC 28277, is the custodian of the assets of the Separate Account. The custodian has custody of all cash of the Separate Account and handles the collection of proceeds of shares of the underlying funds bought and sold by the Separate Account.
DISTRIBUTION
Information about the distribution of the contracts is contained in the prospectus. (See “Other Information.”) Additional information is provided below.
Currently the contract is not available for new sales.
Brighthouse Securities, LLC (Distributor) serves as principal underwriter for the contracts. Distributor and the Company are affiliates because they are both under common control of Brighthouse Financial, Inc. Distributor’s home office is located at 11225 North Community House Road, Charlotte, NC 28277. Distributor is registered as a broker-dealer with the Securities and Exchange Commission under the Securities Exchange Act of 1934 and is a member of the Financial Industry Regulatory Authority (FINRA). Distributor has entered into selling agreements with other broker-dealers (“selling firms”) and compensates them for their services.
The following table shows the amount of commissions paid to and the amount of commissions retained by the principal underwriter.
Fiscal year   Aggregate Amount of
Commissions Paid to
Distributor
  Aggregate Amount of
Commissions Retained
by Distributor After
Payments to Selling
Firms
2020
  $651,736,999   $0
2019
  $649,095,230   $0
2018
  $604,739,251   $0
Distributor passes through commissions to selling firms for their sales. In addition we pay compensation to Distributor to offset its expenses, including compensation costs, marketing and distribution expenses, advertising, wholesaling, printing, and other expenses of distributing the contracts.
As noted in the prospectus, we and Distributor pay compensation to all selling firms in the form of commissions and certain types of non-cash compensation. We and Distributor may pay additional compensation to selected firms, including marketing allowances, introduction fees, persistency payments, preferred status fees and industry conference fees. The terms of any particular agreement governing compensation may vary among selling firms and the amounts may be significant. The amount of additional compensation (non-commission
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amounts) paid to selected selling firms during 2020 ranged from $375 to $12,262,239.* The amount of commissions paid to selected selling firms during 2020 ranged from $0 to $70,041,584. The amount of total compensation (includes non-commission as well as commission amounts) paid to selected selling firms during 2020 ranged from $375 to $74,718,078.*
* For purposes of calculating this range, the additional compensation (non-commission) amounts received by a selling firm includes additional compensation received by the firm for the sale of insurance products issued by our affiliate Brighthouse Life Insurance Company of NY.
The following list sets forth the names of selling firms that received additional compensation in 2020 in connection with the sale of our variable annuity contracts, variable life policies and other insurance products (including the contracts offered by the prospectus). The selling firms are listed in alphabetical order.
Advisor Group, Inc.
Aegis Capital Corp.
American Portfolios Financial Services, Inc
Ameritas Investment Corp
Ameriprise Financial Services, Inc.
Arvest Investments Inc
Avantax Investment Services, Inc.
AXA Network LLC
Benjamin R. Edwards & Co.
Berthel Fisher Company
Cabot Lodge Securities LLC
Cadaret Grant & Co., Inc
Calton & Associates Inc.
Cambridge Investment Research, Inc.
Capital Investments Group, Inc.
Capital Investment Brokerage, Inc.
Centaurus Financial, Inc.
Cetera Advisor Networks LLC
Cetera Investment Services LLC
CFD Investment, Inc.
Citigroup Global Markets, Inc.
Commonwealth Financial Network
Community America Financial Solutions, LLC
Concord Investment Services, LLC
CUNA Brokerage Services, Inc.
CUSO Financial Services, L.P.
Edward D. Jones & Co., L.P.
Equity Services, Inc.
First Allied Securities, Inc.
First Citizens Investor Services, Inc.
First Horizon Advisors, Inc.
Founders Financial Securities, LLC
FSC Securities Corporation
GWN Securities Corporation
H. Beck, Inc.
IFP Securities, LLC
Independent Financial Group, LLC
Infinex Investments, Inc.
Infinity Financial Services
Investacorp, Inc.
Janney Montgomery Scott, LLC
J.W. Cole Financial, Inc.
Kestra Investment Services, LLC
Key Investment Services LLC
LifeMark Securities Corp.
Lincoln Investment Planning Inc.
Lion Street Financial, LLC
LPL Financial LLC
Merrill Lynch, Inc.
Mid Atlantic Capital Corporation
MML Investors Services, LLC
Morgan Stanley Smith Barney, LLC
NEXT Financial Group, Inc.
Oppenheimer & Co. Inc.
Park Avenue Securities LLC
Parkland Securities, LLC
PFS Investments Inc.
ProEquities, Inc.
Purshe Kaplan Sterling Investments, Inc.
Raymond James & Associates, Inc.
RBC Wealth Management
Royal Alliance Associates, Inc.
SagePoint Financial, Inc.
Sigma Financial Corporation
Stifel, Nicolaus & Company, Incorporated
SunTrust Investment Services, Inc.
The Investment Center, Inc.
The Leader’s Group, Inc.
Transamerica Financial Advisors, Inc.
Triad Advisors, Inc.
UBS Financial Services, Inc.
UnionBanc Investment Services, LLC
United Planners Financial Services
U.S. Bancorp Investments, Inc.
ValMark Securities, Inc.
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Vandervelt Securities, LLC
Voya Financial Advisors, Inc.
Waddell & Reed
Wells Fargo Advisors, LLC
Woodbury Financial Services, Inc.
There are other broker dealers who receive compensation for servicing our contracts, and the Account Value of the contracts or the amount of added Purchase Payments received may be included in determining their additional compensation, if any.
PERFORMANCE INFORMATION
Historical Unit Values
The Company may also show historical Accumulation Unit values in certain advertisements containing illustrations. These illustrations will be based on actual Accumulation Unit values.
In addition, the Company may distribute sales literature which compares the percentage change in Accumulation Unit values for any of the against established market indices such as the Standard & Poor’s 500 Composite Stock Price Index, the Dow Jones Industrial Average or other management investment companies which have investment objectives similar to the Investment Portfolio being compared. The Standard & Poor’s 500 Composite Stock Price Index is an unmanaged, unweighted average of 500 stocks, the majority of which are listed on the New York Stock Exchange. The Dow Jones Industrial Average is an unmanaged, weighted average of thirty blue chip industrial corporations listed on the New York Stock Exchange. Both the Standard & Poor’s 500 Composite Stock Price Index and the Dow Jones Industrial Average assume quarterly reinvestment of dividends.
Reporting Agencies
The Company may also distribute sales literature which compares the performance of the Accumulation Unit values of the contracts with the unit values of variable annuities issued by other insurance companies. Such information will be derived from the Lipper Variable Insurance Products Performance Analysis Service, the VARDS Report or from Morningstar.
The Lipper Variable Insurance Products Performance Analysis Service is published by Lipper Analytical Services, Inc., a publisher of statistical data which currently tracks
the performance of thousands of investment companies. The rankings compiled by Lipper may or may not reflect the deduction of asset-based insurance charges. The Company’s sales literature utilizing these rankings will indicate whether or not such charges have been deducted. Where the charges have not been deducted, the sales literature will indicate that if the charges had been deducted, the ranking might have been lower.
The VARDS Report is a monthly variable annuity industry analysis compiled by Variable Annuity Research & Data Service. The VARDS rankings may or may not reflect the deduction of asset-based insurance charges. In addition, VARDS prepares risk adjusted rankings, which consider the effects of market risk on total return performance. This type of ranking may address the question as to which funds provide the highest total return with the least amount of risk. Other ranking services may be used as sources of performance comparison, such as CDA/Weisenberger.
Morningstar rates a variable annuity against its peers with similar investment objectives. Morningstar does not rate any variable annuity that has less than three years of performance data.
ANNUITY PROVISIONS
Variable Annuity
A variable annuity is an annuity with payments which: (1) are not predetermined as to dollar amount; and (2) will vary in amount in proportion to the amount that the net investment factor exceeds the assumed investment return selected.
The Adjusted Contract Value (the Account Value, less any applicable premium taxes, account fee, and any prorated rider charge) will be applied to the applicable Annuity Table to determine the first Annuity Payment. The Adjusted Contract Value is determined on the annuity calculation date, which is a Business Day no more than five (5) Business Days before the Annuity Date. The dollar amount of the first variable Annuity Payment is determined as follows: The first variable Annuity Payment will be based upon the Annuity Option elected, the Annuitant’s age, the Annuitant's sex (where permitted by law), and the appropriate variable Annuity Option table. Your annuity rates will not be less than those guaranteed in your contract at the time of purchase for the assumed investment return and Annuity Option elected. If, as of the annuity
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calculation date, the then current variable Annuity Option rates applicable to this class of contracts provide a first Annuity Payment greater than that which is guaranteed under the same Annuity Option under this contract, the greater payment will be made.
The dollar amount of variable Annuity Payments after the first payment is determined as follows:
1. the dollar amount of the first variable Annuity Payment is divided by the value of an Annuity Unit for each applicable Investment Portfolio as of the annuity calculation date. This establishes the number of Annuity Units for each monthly payment. The number of Annuity Units for each applicable Investment Portfolio remains fixed during the annuity period, unless you transfer values from the Investment Portfolio to another Investment Portfolio;
2. the fixed number of Annuity Units per payment in each Investment Portfolio is multiplied by the Annuity Unit value for that Investment Portfolio for the Business Day for which the Annuity Payment is being calculated. This result is the dollar amount of the payment for each applicable Investment Portfolio, less any account fee. The account fee will be deducted pro rata out of each Annuity Payment.
The total dollar amount of each variable Annuity Payment is the sum of all Investment Portfolio variable Annuity Payments.
Annuity Unit — The initial Annuity Unit value for each Investment Portfolio of the Separate Account was set by us.
The subsequent Annuity Unit value for each Investment Portfolio is determined by multiplying the Annuity Unit value for the immediately preceding Business Day by the net investment factor for the Investment Portfolio for the current Business Day and multiplying the result by a factor for each day since the last Business Day which represents the daily equivalent of the AIR you elected.
(1) the dollar amount of the first Annuity Payment is divided by the value of an Annuity Unit as of the Annuity Date. This establishes the number of Annuity Units for each monthly payment. The number of Annuity Units remains fixed during the Annuity Payment period.
(2) the fixed number of Annuity Units is multiplied by the Annuity Unit value for the last valuation period of the
month preceding the month for which the payment is due. This result is the dollar amount of the payment.
Net Investment Factor — The net investment factor for each Investment Portfolio is determined by dividing A by B and multiplying by (1-C) where:
A is (i) the net asset value per share of the portfolio at the end of the current Business Day; plus
(ii) any dividend or capital gains per share declared on behalf of such portfolio that has an ex-dividend date as of the current Business Day.
B is the net asset value per share of the portfolio for the immediately preceding Business Day.
C is (i) the Separate Account product charges and for each day since the last Business Day. The daily charge is equal to the annual Separate Account product charges divided by 365; plus
(ii) a charge factor, if any, for any taxes or any tax reserve we have established as a result of the operation of the Separate Account.
Transfers During the Annuity Phase:
You may not make a transfer from the fixed Annuity Option to the variable Annuity Option;
Transfers among the subaccounts will be made by converting the number of Annuity Units being transferred to the number of Annuity Units of the subaccount to which the transfer is made, so that the next Annuity Payment if it were made at that time would be the same amount that it would have been without the transfer. Thereafter, Annuity Payments will reflect changes in the value of the new Annuity Units; and
You may make a transfer from the variable Annuity Option to the fixed Annuity Option. The amount transferred from a subaccount of the Separate Account will be equal to the product of “(a)” multiplied by “(b)” multiplied by “(c)”, where (a) is the number of Annuity Units representing your interest in the subaccount per Annuity Payment; (b) is the Annuity Unit value for the subaccount; and (c) is the present value of $1.00 per payment period for the remaining annuity benefit period based on the attained age of the Annuitant at the time of transfer, calculated using the same actuarial basis as the variable annuity rates
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  applied on the Annuity Date for the Annuity Option elected. Amounts transferred to the fixed Annuity Option will be applied under the Annuity Option elected at the attained age of the Annuitant at the time of the transfer using the fixed Annuity Option table. If at the time of transfer, the then current fixed Annuity Option rates applicable to this class of contracts provide a greater payment, the greater payment will be made. All amounts and Annuity Unit values will be determined as of the end of the Business Day on which the Company receives a notice.
Fixed Annuity
A fixed annuity is a series of payments made during the Annuity Phase which are guaranteed as to dollar amount by the Company and do not vary with the investment experience of the Separate Account. The Adjusted Contract Value is determined on the annuity calculation date, which is a Business Day no more than five (5) Business Days before the Annuity Date. This value will be used to determine a fixed Annuity Payment. The monthly Annuity Payment will be based upon the Annuity Option elected, the Annuitant's age, the Annuitant's sex (where permitted by law), and the appropriate Annuity Option table. Your annuity rates will not be less than those guaranteed in your contract at the time of purchase. If, as of the annuity calculation date, the then current Annuity Option rates applicable to this class of contracts provide an Annuity Payment greater than that which is guaranteed under the same Annuity Option under this contract, the greater payment will be made.
Mortality and Expense Guarantee
The Company guarantees that the dollar amount of each Annuity Payment after the first Annuity Payment will not be affected by variations in mortality or expense experience.
LEGAL OR REGULATORY RESTRICTIONS ON TRANSACTIONS
If mandated under applicable law, the Company may be required to reject a Purchase Payment. The Company may also be required to block a contract Owner’s account and thereby refuse to pay any request for transfers, withdrawals, surrenders, death benefits or continue making Annuity Payments until instructions are received from the appropriate regulator.
ADDITIONAL FEDERAL TAX CONSIDERATIONS
Non-Qualified Contracts
Diversification. In order for your Non-Qualified Contract to be considered an annuity contract for federal income tax purposes, we must comply with certain diversification standards with respect to the investments underlying the contract. We believe that we satisfy and will continue to satisfy these diversification standards. Failure to meet these standards would result in immediate taxation to contract Owners of gains under their contracts. Inadvertent failure to meet these standards may be correctable.
Changes to Tax Rules and Interpretations
Changes to applicable tax rules and interpretations can adversely affect the tax treatment of your contract. These changes may take effect retroactively.
We reserve the right to amend your contract where necessary to maintain its status as a variable annuity contract under federal tax law and to protect you and other contract Owners in the Investment Portfolios from adverse tax consequences.
Tax on Net Investment Income
The 3.8% tax on net investment income described in the Prospectus when added to the top tax bracket for ordinary income of 37.0% will result in a top tax rate of 40.8% on investment income.
Qualified Contracts
Annuity contracts purchased through tax qualified plans are subject to limitations imposed by the Code and regulations as a condition of tax qualification. There are various types of tax qualified plans which have certain beneficial tax consequences for contract Owners and plan participants.
Types of Qualified Plans
The following list includes individual account-type plans which may hold an annuity contract as described in the Prospectus. Except for Traditional IRAs, they are established by an employer for participation of its employees.
IRA
A traditional IRA is established by an individual under Section 408(a) or 408(b) of the Code. See also Roth IRAs below.
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SIMPLE IRA
Established by a for-profit employer with 100 or fewer employees that does not maintain another retirement plan. A SIMPLE IRA, established under section 408(p) of the Code, is based on IRA accounts for each participant.
SEP
Established by a for-profit employer under Section 408(k) of the Code, based on IRA accounts for each participant. Generally, only employers make contributions. If the SEP IRA permits non-SEP contributions, an employee can make regular IRA contributions (including IRA catch up contributions) to the SEP IRA, up to the maximum annual limit.
401(k), 401(a)
Established by for-profit employers, Section 501(c)(3) tax exempt and non-tax exempt entities, Indian Tribes.
403(b) or Tax Sheltered Annuity (“TSA”)
Established by Section 501(c)(3) tax exempt entities, public schools (K-12), public colleges, universities, churches, synagogues and mosques.
457(b) - Governmental Sponsor
Established by state and local governments, public schools (K-12), public colleges and universities.
457(b) - Non-Governmental Sponsor
Established by a tax-exempt entity. Under a non-governmental plan, which must be a tax-exempt entity under Section 501(c) of the Code, all investments of the plan are owned by and are subject to the claims of the general creditors of the sponsoring employer. In general, all amounts received under a non-governmental Section 457(b) plan are taxable and are subject to federal income tax withholding as wages.
Additional Information Regarding 457(b) Plans
A 457(b) plan may provide a one-time election to make special one-time “catch-up” contributions in one or more of the participant’s last three taxable years ending before the participant’s normal retirement age under the plan. Participants in governmental 457(b) plans may make two types of catch up contributions, the age 50 or older catch-up and the special one-time catch-up contribution. However, both catch up contribution types cannot be made in the same taxable year. In general, contribution limits with respect to elective deferral and to age 50 plus catch-up contributions are not aggregated with contributions under the other types of qualified plans for the purposes of
determining the limitations applicable to participants.
403(a) Annuity Plans
Similar in structure to 401(a) plans except that, instead of trusts, annuity contracts are the funding vehicle.
Roth Accounts
Individual or employee plan contributions made to certain plans on an after-tax basis. An IRA may be established as a Roth IRA under Section 408A, and 401(k), 403(b) and 457(b) plans may provide for Roth accounts. Contributions to a Roth IRA are limited based on the level of your modified adjusted gross income.
Comparison of Plan Limits for Individual Contributions:
(1) IRA: elective contribution to all traditional and Roth IRAs: $6,000; catch-up contribution: $1,000
(2) SIMPLE: elective contribution: $13,500; catch-up contribution: $3,000
(3) 401(k): elective contribution: $19,500; catch-up contribution: $6,500
(4) SEP/401(a): (employer contributions only)
(5) 403(b) (TSA): elective contribution: $19,500; catch-up contribution: $6,500
(6) 457(b) : elective contribution: $19,500; catch-up contribution: $6,500
Dollar limits are for 2021 and subject to cost-of-living adjustments in future years. Employer-sponsored individual account plans (other than 457(b) plans) may provide for additional employer contributions such that total annual plan contributions do not exceed the lesser of $58,000 and 100% of an employee’s compensation for 2021.
ERISA
If your plan is subject to ERISA and you are married, the income payments, withdrawal provisions, and methods of payment of the death benefit under your contract may be subject to your spouse’s rights as described below.
Generally, the spouse must give qualified consent whenever you:
(a) choose income payments other than on a qualified joint and survivor annuity basis (“QJSA”) (one under which we make payments to you during your lifetime and then make payments reduced by no more than 50% to
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  your spouse for his or her remaining life, if any): or choose to waive the qualified pre-retirement survivor annuity benefit (“QPSA”) (the benefit payable to the surviving spouse of a participant who dies with a vested interest in an accrued retirement benefit under the plan before payment of the benefit has begun);
(b) make certain withdrawals under plans for which a qualified consent is required;
(c) name someone other than the spouse as your Beneficiary; or
(d) use your accrued benefit as security for a loan, if available, exceeding $5,000.
Generally, there is no limit to the number of your elections as long as a qualified consent is given each time. The consent to waive the QJSA must meet certain requirements, including that it be in writing, that it acknowledge the identity of the designated Beneficiary and the form of benefit be selected, dated, signed by your spouse, witnessed by a notary public or plan representative, and that it be in a form satisfactory to us. The waiver of the QJSA generally must be executed during the 180 day period (90 days for certain loans) ending on the date on which income payments are to commence, or the withdrawal or the loan is to be made, as the case may be. If you die before benefits commence, your surviving spouse will be your Beneficiary unless he or she has given a qualified consent otherwise.
The qualified consent to waive the QPSA benefit and the Beneficiary designation must be made in writing that acknowledges the designated Beneficiary, dated, signed by your spouse, witnessed by a notary public or plan representative and in a form satisfactory to us. Generally, there is no limit to the number of Beneficiary designations as long as a qualified consent accompanies each designation. The waiver of, and the qualified consent for, the QPSA benefit generally may not be given until the plan year in which you attain age 35. The waiver period for the QPSA ends on the date of your death.
If the present value of your benefit is worth $5,000 or less, your plan generally may provide for distribution of your entire interest in a lump sum without spousal consent.
Federal Estate Taxes
While no attempt is being made to discuss the federal estate tax implications of the contract, you should bear in mind that the value of an annuity contract owned by a decedent and payable to a Beneficiary by virtue of surviving the decedent is included in the decedent’s gross estate. Depending on the terms of the annuity contract, the value of the annuity included in the gross estate may be the value of the lump sum payment payable to the designated Beneficiary or the actuarial value of the payments to be received by the Beneficiary. Consult an estate planning adviser for more information.
Generation-Skipping Transfer Tax
Under certain circumstances, the Code may impose a “generation-skipping transfer tax” when all or part of an annuity contract is transferred to, or a death benefit is paid to, an individual two or more generations younger than the contract Owner. Regulations issued under the Code may require us to deduct the tax from your contract, or from any applicable payment, and pay it directly to the IRS.
Annuity Purchase Payments By Nonresident Aliens and Foreign Entities
The discussion above provides general information regarding U.S. federal income tax consequences to annuity purchasers that are U.S. citizens or residents. Purchasers that are not U.S. citizens or residents will generally be subject to U.S. federal withholding tax on taxable distributions from annuity contracts at a 30% rate, unless a lower treaty rate applies. In addition, purchasers may be subject to state and/or municipal taxes and taxes that may be imposed by the purchaser’s country of citizenship or residence. Prospective purchasers are advised to consult with a qualified tax adviser regarding U.S., state and foreign taxation with respect to an annuity contract purchase.
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CONDENSED FINANCIAL INFORMATION
The following charts list the Condensed Financial Information (the accumulation unit value information for the accumulation units outstanding) for contracts issued as of December 31, 2020. See “Purchase - Accumulation Units” in the prospectus for information on how
accumulation unit values are calculated. The charts present accumulation unit values based upon which riders you select. The charts are in addition to the charts in the prospectus.
 
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997973 9.706547 162,164.4953
01/01/2012 to 12/31/2012 9.706547 10.488634 308,209.2878
01/01/2013 to 12/31/2013 10.488634 11.444039 353,857.9697
01/01/2014 to 12/31/2014 11.444039 12.059789 353,388.3342
01/01/2015 to 12/31/2015 12.059789 11.907298 226,743.8312
01/01/2016 to 12/31/2016 11.907298 12.109381 118,802.0695
01/01/2017 to 12/31/2017 12.109381 13.506987 115,179.5002
01/01/2018 to 12/31/2018 13.506987 12.333950 96,897.7209
01/01/2019 to 12/31/2019 12.333950 14.296335 90,012.1291
01/01/2020 to 12/31/2020 14.296335 14.887693 89,867.2121
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.770954 9.388157 6,281,076.9956
01/01/2012 to 12/31/2012 9.388157 10.461928 6,022,799.7865
01/01/2013 to 12/31/2013 10.461928 12.173490 5,479,454.8590
01/01/2014 to 12/31/2014 12.173490 12.673243 5,022,233.6448
01/01/2015 to 12/31/2015 12.673243 12.353151 4,437,431.4616
01/01/2016 to 12/31/2016 12.353151 13.073805 4,159,084.9733
01/01/2017 to 12/31/2017 13.073805 14.998382 3,803,122.1459
01/01/2018 to 12/31/2018 14.998382 14.087170 3,517,408.2639
01/01/2019 to 12/31/2019 14.087170 16.529268 3,401,139.8406
01/01/2020 to 12/31/2020 16.529268 18.751795 3,175,321.1095
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.293873 8.692032 2,298,565.5669
01/01/2012 to 12/31/2012 8.692032 9.910548 2,198,882.1305
01/01/2013 to 12/31/2013 9.910548 12.171696 2,115,270.3274
01/01/2014 to 12/31/2014 12.171696 12.711828 2,187,761.6033
01/01/2015 to 12/31/2015 12.711828 12.384491 2,052,359.7128
01/01/2016 to 12/31/2016 12.384491 13.246649 1,919,417.5086
01/01/2017 to 12/31/2017 13.246649 15.780524 1,863,570.5957
01/01/2018 to 12/31/2018 15.780524 14.596011 1,540,150.3886
01/01/2019 to 12/31/2019 14.596011 17.715202 1,334,914.7481
01/01/2020 to 12/31/2020 17.715202 20.332972 1,201,256.6593
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.093560 8.516420 831,766.1313
01/01/2012 to 12/31/2012 8.516420 9.815118 808,227.7513
01/01/2013 to 12/31/2013 9.815118 12.505165 684,554.2635
01/01/2014 to 12/31/2014 12.505165 13.280559 521,223.5723
01/01/2015 to 12/31/2015 13.280559 13.883413 453,337.8650
01/01/2016 to 12/31/2016 13.883413 14.869085 431,032.6643
01/01/2017 to 12/31/2017 14.869085 18.670234 374,357.9478
01/01/2018 to 12/31/2018 18.670234 18.234639 358,178.1008
01/01/2019 to 12/31/2019 18.234639 23.331033 339,226.8161
01/01/2020 to 12/31/2020 23.331033 34.728001 308,538.0600
11

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 10.013393 9.849039 2,618,581.9347
01/01/2012 to 12/31/2012 9.849039 10.715470 2,501,258.9870
01/01/2013 to 12/31/2013 10.715470 11.941314 2,160,608.9550
01/01/2014 to 12/31/2014 11.941314 12.436859 1,860,314.6672
01/01/2015 to 12/31/2015 12.436859 12.120242 1,669,071.8352
01/01/2016 to 12/31/2016 12.120242 12.732512 1,548,673.0621
01/01/2017 to 12/31/2017 12.732512 14.120348 1,484,480.9308
01/01/2018 to 12/31/2018 14.120348 13.386754 1,404,131.4155
01/01/2019 to 12/31/2019 13.386754 15.264588 1,275,319.5773
01/01/2020 to 12/31/2020 15.264588 16.930672 1,142,590.8745
AQR Global Risk Balanced Sub-Account (Class B)
05/02/2011 to 12/31/2011 10.342692 10.571835 194,492.2275
01/01/2012 to 12/31/2012 10.571835 11.472543 649,362.1331
01/01/2013 to 12/31/2013 11.472543 10.880300 444,089.8963
01/01/2014 to 12/31/2014 10.880300 11.107839 402,497.8660
01/01/2015 to 12/31/2015 11.107839 9.860295 282,877.2832
01/01/2016 to 12/31/2016 9.860295 10.546963 128,619.8310
01/01/2017 to 12/31/2017 10.546963 11.369123 117,857.5489
01/01/2018 to 12/31/2018 11.369123 10.451084 105,913.1459
01/01/2019 to 12/31/2019 10.451084 12.302975 93,070.2002
01/01/2020 to 12/31/2020 12.302975 12.442122 91,720.3884
BlackRock Global Tactical Strategies Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997973 9.539540 352,279.2488
01/01/2012 to 12/31/2012 9.539540 10.219693 747,193.7040
01/01/2013 to 12/31/2013 10.219693 11.066570 828,334.2350
01/01/2014 to 12/31/2014 11.066570 11.506402 825,611.4234
01/01/2015 to 12/31/2015 11.506402 11.283193 507,037.3595
01/01/2016 to 12/31/2016 11.283193 11.567222 216,666.0287
01/01/2017 to 12/31/2017 11.567222 12.867054 191,679.8328
01/01/2018 to 12/31/2018 12.867054 11.722540 168,303.7944
01/01/2019 to 12/31/2019 11.722540 13.881206 166,881.6182
01/01/2020 to 12/31/2020 13.881206 14.213474 201,920.4875
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 19.466818 19.558805 197,355.8982
01/01/2012 to 12/31/2012 19.558805 22.374561 202,120.7907
01/01/2013 to 12/31/2013 22.374561 24.014481 171,264.3456
01/01/2014 to 12/31/2014 24.014481 24.351133 93,556.9744
01/01/2015 to 12/31/2015 24.351133 22.937275 89,207.5174
01/01/2016 to 12/31/2016 22.937275 25.664326 108,109.3517
01/01/2017 to 12/31/2017 25.664326 27.150222 102,246.7841
01/01/2018 to 12/31/2018 27.150222 25.884071 60,543.3835
01/01/2019 to 12/31/2019 25.884071 29.183773 119,709.5241
01/01/2020 to 12/31/2020 29.183773 30.797799 53,550.1705
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.286480 10.440030 636,686.1820
01/01/2012 to 12/31/2012 10.440030 11.963387 572,037.0872
01/01/2013 to 12/31/2013 11.963387 15.209528 553,986.7993
01/01/2014 to 12/31/2014 15.209528 15.690490 534,645.3396
01/01/2015 to 12/31/2015 15.690490 15.093531 459,865.3137
01/01/2016 to 12/31/2016 15.093531 16.147177 427,022.3660
01/01/2017 to 12/31/2017 16.147177 19.487650 408,821.1575
01/01/2018 to 12/31/2018 19.487650 17.203094 388,708.8888
01/01/2019 to 12/31/2019 17.203094 21.528815 365,697.2599
01/01/2020 to 12/31/2020 21.528815 25.130022 339,481.0006
12

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Balanced Plus Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997973 9.355023 309,437.1733
01/01/2012 to 12/31/2012 9.355023 10.386393 663,385.9325
01/01/2013 to 12/31/2013 10.386393 11.660351 740,576.9294
01/01/2014 to 12/31/2014 11.660351 12.551026 998,124.7857
01/01/2015 to 12/31/2015 12.551026 11.817320 729,013.2601
01/01/2016 to 12/31/2016 11.817320 12.571123 613,430.7455
01/01/2017 to 12/31/2017 12.571123 14.603857 599,174.9634
01/01/2018 to 12/31/2018 14.603857 13.279294 551,859.2273
01/01/2019 to 12/31/2019 13.279294 16.107897 509,006.4858
01/01/2020 to 12/31/2020 16.107897 17.791761 458,876.2563
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 17.069739 15.251803 235,504.0994
01/01/2012 to 12/31/2012 15.251803 17.663668 192,145.4691
01/01/2013 to 12/31/2013 17.663668 22.966386 160,529.4744
01/01/2014 to 12/31/2014 22.966386 22.932126 138,752.0290
01/01/2015 to 12/31/2015 22.932126 21.294178 120,078.1754
01/01/2016 to 12/31/2016 21.294178 27.437578 106,499.9007
01/01/2017 to 12/31/2017 27.437578 30.087375 88,736.4467
01/01/2018 to 12/31/2018 30.087375 25.033751 84,371.5468
01/01/2019 to 12/31/2019 25.033751 31.646794 75,347.7503
01/01/2020 to 12/31/2020 31.646794 30.887283 75,008.2776
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.311772 9.825787 385,528.7110
01/01/2012 to 12/31/2012 9.825787 11.467276 411,662.2052
01/01/2013 to 12/31/2013 11.467276 10.696331 459,275.4688
01/01/2014 to 12/31/2014 10.696331 9.815497 479,248.7075
01/01/2015 to 12/31/2015 9.815497 8.304547 460,634.5534
01/01/2016 to 12/31/2016 8.304547 9.090023 397,904.0184
01/01/2017 to 12/31/2017 9.090023 11.451886 352,235.4244
01/01/2018 to 12/31/2018 11.451886 9.646634 361,065.3819
01/01/2019 to 12/31/2019 9.646634 11.434745 323,569.4491
01/01/2020 to 12/31/2020 11.434745 14.288775 278,997.8366
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.191636 10.206128 30,777.2013
01/01/2012 to 12/31/2012 10.206128 10.752489 35,712.7710
01/01/2013 to 12/31/2013 10.752489 10.960322 68,516.6274
01/01/2014 to 12/31/2014 10.960322 10.838614 69,113.2659
01/01/2015 to 12/31/2015 10.838614 10.551088 68,944.3586
01/01/2016 to 12/31/2016 10.551088 11.317732 62,081.3627
01/01/2017 to 12/31/2017 11.317732 11.519422 51,599.9142
01/01/2018 to 12/31/2018 11.519422 11.342233 79,865.8053
01/01/2019 to 12/31/2019 11.342233 11.916855 73,525.7047
01/01/2020 to 12/31/2020 11.916855 11.939053 70,901.9603
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.987467 9.737301 62,015.5923
01/01/2012 to 12/31/2012 9.737301 9.978243 79,206.0840
01/01/2013 to 12/31/2013 9.978243 9.909038 275,599.5831
01/01/2014 to 12/31/2014 9.909038 9.830297 320,065.8619
01/01/2015 to 12/31/2015 9.830297 9.590033 357,300.8033
01/01/2016 to 12/31/2016 9.590033 9.709237 462,735.4924
01/01/2017 to 12/31/2017 9.709237 9.658676 503,892.2594
01/01/2018 to 12/31/2018 9.658676 9.522057 469,025.2339
01/01/2019 to 12/31/2019 9.522057 9.780866 479,916.7048
01/01/2020 to 12/31/2020 9.780866 9.804963 448,224.2848
13

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.109598 11.848773 83,441.0564
01/01/2012 to 12/31/2012 11.848773 13.292212 93,982.0847
01/01/2013 to 12/31/2013 13.292212 13.183930 65,253.7063
01/01/2014 to 12/31/2014 13.183930 13.089869 53,065.6031
01/01/2015 to 12/31/2015 13.089869 12.315359 57,789.8112
01/01/2016 to 12/31/2016 12.315359 12.195355 56,860.6044
01/01/2017 to 12/31/2017 12.195355 11.989160 60,349.5398
01/01/2018 to 12/31/2018 11.989160 11.886266 56,963.0567
01/01/2019 to 12/31/2019 11.886266 11.804629 56,035.4297
01/01/2020 to 12/31/2020 11.804629 10.903147 57,934.4706
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.839867 12.827651 134,108.4413
01/01/2012 to 12/31/2012 12.827651 15.863844 120,521.6061
01/01/2013 to 12/31/2013 15.863844 16.125203 116,907.5551
01/01/2014 to 12/31/2014 16.125203 17.929838 126,312.0232
01/01/2015 to 12/31/2015 17.929838 17.354469 116,485.6113
01/01/2016 to 12/31/2016 17.354469 17.185300 90,945.1857
01/01/2017 to 12/31/2017 17.185300 18.684026 82,544.7922
01/01/2018 to 12/31/2018 18.684026 16.753995 81,435.2382
01/01/2019 to 12/31/2019 16.753995 20.527481 63,437.0689
01/01/2020 to 12/31/2020 20.527481 19.139134 72,503.8214
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 19.138699 16.110007 322,082.9293
01/01/2012 to 12/31/2012 16.110007 20.439093 287,560.8558
01/01/2013 to 12/31/2013 20.439093 26.182208 291,990.4142
01/01/2014 to 12/31/2014 26.182208 24.214073 312,730.7499
01/01/2015 to 12/31/2015 24.214073 22.695265 306,115.3898
01/01/2016 to 12/31/2016 22.695265 24.101193 299,224.8851
01/01/2017 to 12/31/2017 24.101193 30.860299 252,462.8424
01/01/2018 to 12/31/2018 30.860299 23.029586 336,104.9926
01/01/2019 to 12/31/2019 23.029586 28.150546 301,904.4526
01/01/2020 to 12/31/2020 28.150546 29.047507 311,706.7685
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010638 1.044753 4,006,077.9589
01/01/2013 to 12/31/2013 1.044753 1.044689 2,699,962.1183
01/01/2014 to 12/31/2014 1.044689 1.082773 2,415,585.9911
01/01/2015 to 12/31/2015 1.082773 1.018227 2,313,542.3346
01/01/2016 to 12/31/2016 1.018227 1.116680 1,196,489.2564
01/01/2017 to 12/31/2017 1.116680 1.205899 1,115,825.5817
01/01/2018 to 12/31/2018 1.205899 1.107503 1,024,625.5115
01/01/2019 to 12/31/2019 1.107503 1.253326 912,972.2455
01/01/2020 to 12/31/2020 1.253326 1.355001 771,550.2347
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.037209 9.707455 221,198.6694
01/01/2012 to 12/31/2012 9.707455 11.285093 259,308.5992
01/01/2013 to 12/31/2013 11.285093 14.998753 181,859.2466
01/01/2014 to 12/31/2014 14.998753 16.094940 194,555.7836
01/01/2015 to 12/31/2015 16.094940 14.856471 203,521.8180
01/01/2016 to 12/31/2016 14.856471 17.106924 193,127.2679
01/01/2017 to 12/31/2017 17.106924 19.820694 182,200.6235
01/01/2018 to 12/31/2018 19.820694 17.090500 172,743.3138
01/01/2019 to 12/31/2019 17.090500 20.964136 164,477.4850
01/01/2020 to 12/31/2020 20.964136 20.474650 177,256.9059
14

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.256580 14.815549 140,902.7844
01/01/2012 to 12/31/2012 14.815549 17.193866 116,291.6048
01/01/2013 to 12/31/2013 17.193866 23.660099 139,926.8485
01/01/2014 to 12/31/2014 23.660099 25.063801 129,649.3245
01/01/2015 to 12/31/2015 25.063801 24.183668 128,113.7460
01/01/2016 to 12/31/2016 24.183668 26.455032 142,113.5655
01/01/2017 to 12/31/2017 26.455032 32.550694 127,445.8082
01/01/2018 to 12/31/2018 32.550694 29.059788 88,030.4647
01/01/2019 to 12/31/2019 29.059788 35.490326 86,783.2373
01/01/2020 to 12/31/2020 35.490326 54.614165 68,644.1437
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.982397 10.415288 344,985.8777
01/01/2014 to 12/31/2014 10.415288 10.745007 412,219.3625
01/01/2015 to 12/31/2015 10.745007 10.598990 404,777.8593
01/01/2016 to 12/31/2016 10.598990 10.636730 401,620.7668
01/01/2017 to 12/31/2017 10.636730 10.788096 414,734.3027
01/01/2018 to 12/31/2018 10.788096 10.591556 404,308.5633
01/01/2019 to 12/31/2019 10.591556 11.251539 398,039.6940
01/01/2020 to 12/31/2020 11.251539 11.916465 392,601.5294
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.231419 10.625827 349,224.0736
01/01/2012 to 12/31/2012 10.625827 10.942791 344,397.4313
01/01/2013 to 04/26/2013 10.942791 10.914101 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012693 1.046793 582,495.0331
01/01/2013 to 12/31/2013 1.046793 1.140507 1,332,248.2536
01/01/2014 to 12/31/2014 1.140507 1.197703 1,690,888.6577
01/01/2015 to 12/31/2015 1.197703 1.186262 1,398,771.5095
01/01/2016 to 12/31/2016 1.186262 1.198324 1,263,232.6453
01/01/2017 to 12/31/2017 1.198324 1.372380 1,112,126.9255
01/01/2018 to 12/31/2018 1.372380 1.250258 1,221,743.4082
01/01/2019 to 12/31/2019 1.250258 1.434921 982,453.2885
01/01/2020 to 12/31/2020 1.434921 1.580764 912,134.4332
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996789 1.037181 38,822.6247
01/01/2015 to 12/31/2015 1.037181 1.008153 63,315.5111
01/01/2016 to 12/31/2016 1.008153 1.009417 58,063.5511
01/01/2017 to 12/31/2017 1.009417 1.144449 302,910.4811
01/01/2018 to 04/30/2018 1.144449 1.114436 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.771469 12.351922 173,535.4128
01/01/2012 to 12/31/2012 12.351922 14.177242 158,632.3990
01/01/2013 to 12/31/2013 14.177242 16.301216 105,471.3474
01/01/2014 to 12/31/2014 16.301216 16.557238 96,177.3037
01/01/2015 to 12/31/2015 16.557238 16.453276 94,162.0457
01/01/2016 to 12/31/2016 16.453276 16.923287 91,343.2779
01/01/2017 to 12/31/2017 16.923287 20.430078 79,543.3362
01/01/2018 to 12/31/2018 20.430078 18.973041 76,099.3596
01/01/2019 to 12/31/2019 18.973041 23.751945 75,247.5044
01/01/2020 to 12/31/2020 23.751945 26.763411 62,695.2187
15

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 7.233279 7.331562 460,281.6600
01/01/2012 to 12/31/2012 7.331562 8.528399 343,099.2520
01/01/2013 to 12/31/2013 8.528399 12.189990 397,926.1797
01/01/2014 to 12/31/2014 12.189990 14.227397 560,672.3239
01/01/2015 to 12/31/2015 14.227397 13.402810 541,465.0238
01/01/2016 to 12/31/2016 13.402810 13.509808 458,699.6481
01/01/2017 to 12/31/2017 13.509808 15.704357 384,292.2854
01/01/2018 to 12/31/2018 15.704357 14.326837 342,630.5402
01/01/2019 to 12/31/2019 14.326837 17.379049 294,542.3375
01/01/2020 to 12/31/2020 17.379049 22.558033 241,603.2540
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 136.590360 123.974133 7,490.6079
01/01/2012 to 12/31/2012 123.974133 149.089951 10,662.1210
01/01/2013 to 12/31/2013 149.089951 188.487955 10,429.1456
01/01/2014 to 04/25/2014 188.487955 195.995813 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.523369 6.926195 0.0000
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 1.077368 1.123121 568,888.3985
01/01/2014 to 12/31/2014 1.123121 1.204640 941,093.0607
01/01/2015 to 12/31/2015 1.204640 1.168227 325,545.0933
01/01/2016 to 12/31/2016 1.168227 1.196832 235,978.5831
01/01/2017 to 12/31/2017 1.196832 1.357585 174,328.6390
01/01/2018 to 12/31/2018 1.357585 1.236814 99,875.3876
01/01/2019 to 12/31/2019 1.236814 1.477747 78,453.6473
01/01/2020 to 12/31/2020 1.477747 1.545718 42,787.9189
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.888670 12.173685 233,062.7805
01/01/2012 to 12/31/2012 12.173685 13.945926 222,577.2471
01/01/2013 to 12/31/2013 13.945926 16.326750 210,649.9065
01/01/2014 to 12/31/2014 16.326750 14.913597 180,788.3226
01/01/2015 to 12/31/2015 14.913597 14.380504 167,935.2549
01/01/2016 to 12/31/2016 14.380504 13.993329 166,810.9999
01/01/2017 to 12/31/2017 13.993329 17.605395 157,023.4900
01/01/2018 to 12/31/2018 17.605395 14.862170 158,580.4187
01/01/2019 to 12/31/2019 14.862170 18.720776 148,632.6059
01/01/2020 to 12/31/2020 18.720776 20.768776 149,934.0313
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999747 1.032376 0.0000
01/01/2015 to 12/31/2015 1.032376 0.957942 34,093.0949
01/01/2016 to 12/31/2016 0.957942 1.044987 69,844.8476
01/01/2017 to 12/31/2017 1.044987 1.155124 270,506.0068
01/01/2018 to 12/31/2018 1.155124 1.047753 244,075.2665
01/01/2019 to 12/31/2019 1.047753 1.254771 237,082.6971
01/01/2020 to 12/31/2020 1.254771 1.377646 300,319.6904
16

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.308523 14.520839 1,022,796.2133
01/01/2012 to 12/31/2012 14.520839 15.554886 945,363.8478
01/01/2013 to 12/31/2013 15.554886 13.853433 842,255.5200
01/01/2014 to 12/31/2014 13.853433 13.992948 745,816.6187
01/01/2015 to 12/31/2015 13.992948 13.309223 663,618.2658
01/01/2016 to 12/31/2016 13.309223 13.716432 630,271.1672
01/01/2017 to 12/31/2017 13.716432 13.932643 679,956.1851
01/01/2018 to 12/31/2018 13.932643 13.346394 665,506.8757
01/01/2019 to 12/31/2019 13.346394 14.185339 618,373.6338
01/01/2020 to 12/31/2020 14.185339 15.531880 598,127.8828
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.682349 15.883636 1,838,187.0889
01/01/2012 to 12/31/2012 15.883636 17.036445 1,772,195.0198
01/01/2013 to 12/31/2013 17.036445 16.403823 1,584,905.7695
01/01/2014 to 12/31/2014 16.403823 16.778165 1,539,374.2815
01/01/2015 to 12/31/2015 16.778165 16.471443 1,257,883.6712
01/01/2016 to 12/31/2016 16.471443 16.591508 1,133,089.4917
01/01/2017 to 12/31/2017 16.591508 17.021286 1,203,065.2314
01/01/2018 to 12/31/2018 17.021286 16.669187 1,299,361.3902
01/01/2019 to 12/31/2019 16.669187 17.748313 1,168,688.3463
01/01/2020 to 12/31/2020 17.748313 18.905370 1,246,471.2324
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.214840 10.719329 1,913.9628
01/01/2014 to 12/31/2014 10.719329 11.432127 2,227.5510
01/01/2015 to 12/31/2015 11.432127 11.082129 4,295.6872
01/01/2016 to 12/31/2016 11.082129 11.375720 3,463.1648
01/01/2017 to 12/31/2017 11.375720 13.007310 10,763.4027
01/01/2018 to 04/30/2018 13.007310 12.422165 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010671 1.064850 576,879.1441
01/01/2013 to 12/31/2013 1.064850 1.151025 1,003,820.2228
01/01/2014 to 12/31/2014 1.151025 1.217374 1,112,704.1304
01/01/2015 to 12/31/2015 1.217374 1.184553 971,100.2945
01/01/2016 to 12/31/2016 1.184553 1.228578 757,545.9222
01/01/2017 to 12/31/2017 1.228578 1.378547 852,085.5689
01/01/2018 to 12/31/2018 1.378547 1.225619 847,044.6128
01/01/2019 to 12/31/2019 1.225619 1.461741 791,997.0194
01/01/2020 to 12/31/2020 1.461741 1.465117 749,282.6630
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.409705 11.319849 1,760,346.6347
01/01/2012 to 12/31/2012 11.319849 12.538608 1,806,528.1608
01/01/2013 to 12/31/2013 12.538608 13.900502 1,678,780.3957
01/01/2014 to 12/31/2014 13.900502 14.438774 1,358,600.6096
01/01/2015 to 12/31/2015 14.438774 13.895827 1,331,555.4372
01/01/2016 to 12/31/2016 13.895827 14.430145 1,273,694.2411
01/01/2017 to 12/31/2017 14.430145 16.413141 1,203,174.9295
01/01/2018 to 12/31/2018 16.413141 15.060229 1,135,806.9616
01/01/2019 to 12/31/2019 15.060229 17.683263 1,036,141.2069
01/01/2020 to 12/31/2020 17.683263 19.064148 906,103.6538
17

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.997693 10.566641 189,441.6942
01/01/2012 to 12/31/2012 10.566641 11.931151 234,295.7420
01/01/2013 to 12/31/2013 11.931151 13.829212 265,006.6375
01/01/2014 to 12/31/2014 13.829212 14.305952 235,134.1594
01/01/2015 to 12/31/2015 14.305952 13.719145 234,247.2021
01/01/2016 to 12/31/2016 13.719145 14.394199 227,623.8580
01/01/2017 to 12/31/2017 14.394199 16.905948 225,357.8058
01/01/2018 to 12/31/2018 16.905948 15.142799 201,122.7717
01/01/2019 to 12/31/2019 15.142799 18.201519 193,692.6464
01/01/2020 to 12/31/2020 18.201519 19.787546 185,697.5829
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 46.932127 44.225853 120,233.0583
01/01/2012 to 12/31/2012 44.225853 51.215775 110,442.4109
01/01/2013 to 12/31/2013 51.215775 67.258778 106,100.8188
01/01/2014 to 12/31/2014 67.258778 74.794570 109,773.1223
01/01/2015 to 12/31/2015 74.794570 70.790557 99,191.5386
01/01/2016 to 12/31/2016 70.790557 80.572923 81,508.3160
01/01/2017 to 12/31/2017 80.572923 92.506519 71,560.2426
01/01/2018 to 12/31/2018 92.506519 82.485119 76,304.7303
01/01/2019 to 12/31/2019 82.485119 102.444612 71,165.0168
01/01/2020 to 12/31/2020 102.444612 103.447257 72,153.8373
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.033512 9.687665 633,027.5724
01/01/2012 to 12/31/2012 9.687665 10.810320 584,718.9375
01/01/2013 to 12/31/2013 10.810320 14.494085 515,761.7297
01/01/2014 to 12/31/2014 14.494085 16.046040 434,010.1661
01/01/2015 to 12/31/2015 16.046040 16.803125 370,571.1812
01/01/2016 to 12/31/2016 16.803125 17.520416 370,387.7374
01/01/2017 to 12/31/2017 17.520416 21.456134 339,063.1397
01/01/2018 to 12/31/2018 21.456134 20.599114 261,731.2624
01/01/2019 to 12/31/2019 20.599114 26.504019 237,155.2988
01/01/2020 to 12/31/2020 26.504019 32.239422 203,688.0040
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 24.132147 22.814534 54,690.6920
01/01/2012 to 12/31/2012 22.814534 25.685574 47,574.6578
01/01/2013 to 12/31/2013 25.685574 32.856314 58,474.5437
01/01/2014 to 12/31/2014 32.856314 35.364398 64,480.0213
01/01/2015 to 12/31/2015 35.364398 31.598087 68,078.9701
01/01/2016 to 12/31/2016 31.598087 35.828123 37,384.2370
01/01/2017 to 12/31/2017 35.828123 38.505891 29,718.4652
01/01/2018 to 12/31/2018 38.505891 33.960854 19,656.6284
01/01/2019 to 12/31/2019 33.960854 43.001560 18,153.9148
01/01/2020 to 12/31/2020 43.001560 45.435801 19,613.0682
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.063597 13.857334 104,616.7663
01/01/2012 to 12/31/2012 13.857334 16.066470 110,289.5772
01/01/2013 to 12/31/2013 16.066470 20.921723 109,509.2878
01/01/2014 to 12/31/2014 20.921723 23.255219 103,296.7793
01/01/2015 to 12/31/2015 23.255219 20.747163 96,394.4263
01/01/2016 to 12/31/2016 20.747163 23.051915 92,476.2046
01/01/2017 to 12/31/2017 23.051915 25.072407 84,752.0464
01/01/2018 to 12/31/2018 25.072407 21.339236 90,781.6264
01/01/2019 to 12/31/2019 21.339236 28.391441 76,707.4088
01/01/2020 to 12/31/2020 28.391441 28.626196 76,696.9625
18

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
05/02/2011 to 12/31/2011 9.997973 10.722898 82,845.3598
01/01/2012 to 12/31/2012 10.722898 10.856793 105,890.5125
01/01/2013 to 12/31/2013 10.856793 10.176098 98,935.5833
01/01/2014 to 12/31/2014 10.176098 10.744452 115,728.1628
01/01/2015 to 12/31/2015 10.744452 10.592865 75,724.1265
01/01/2016 to 12/31/2016 10.592865 10.535681 137,489.0202
01/01/2017 to 12/31/2017 10.535681 10.611992 155,734.6465
01/01/2018 to 12/31/2018 10.611992 10.409652 41,715.7486
01/01/2019 to 12/31/2019 10.409652 10.984607 38,833.0691
01/01/2020 to 12/31/2020 10.984607 11.610528 22,711.8016
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 8.951477 9.793596 572,850.4130
01/01/2014 to 12/31/2014 9.793596 9.292629 551,792.5100
01/01/2015 to 12/31/2015 9.292629 8.924312 475,328.2249
01/01/2016 to 12/31/2016 8.924312 9.203219 431,162.8546
01/01/2017 to 12/31/2017 9.203219 12.187349 380,670.4692
01/01/2018 to 12/31/2018 12.187349 9.906067 315,800.5837
01/01/2019 to 12/31/2019 9.906067 12.875879 287,459.9380
01/01/2020 to 12/31/2020 12.875879 15.958364 234,409.8211
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.864145 7.458837 693,459.1330
01/01/2012 to 12/31/2012 7.458837 8.598458 687,462.1157
01/01/2013 to 04/26/2013 8.598458 8.905057 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.128233 9.943078 775,134.2392
01/01/2012 to 12/31/2012 9.943078 9.759823 647,967.8518
01/01/2013 to 12/31/2013 9.759823 9.580917 588,291.5567
01/01/2014 to 12/31/2014 9.580917 9.405291 826,579.3466
01/01/2015 to 12/31/2015 9.405291 9.232884 588,302.4525
01/01/2016 to 12/31/2016 9.232884 9.073801 405,871.3212
01/01/2017 to 12/31/2017 9.073801 8.964457 318,566.1685
01/01/2018 to 12/31/2018 8.964457 8.935536 409,834.4287
01/01/2019 to 12/31/2019 8.935536 8.936490 277,974.4459
01/01/2020 to 12/31/2020 8.936490 8.789090 231,854.2927
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.392467 13.616251 79,673.9170
01/01/2015 to 12/31/2015 13.616251 13.288384 46,188.7950
01/01/2016 to 12/31/2016 13.288384 13.635755 90,769.0247
01/01/2017 to 12/31/2017 13.635755 14.314495 80,081.8853
01/01/2018 to 12/31/2018 14.314495 13.683796 108,236.7825
01/01/2019 to 12/31/2019 13.683796 15.009523 112,735.8924
01/01/2020 to 12/31/2020 15.009523 16.135879 90,655.7867
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.756596 11.746461 2,223,052.4513
01/01/2012 to 12/31/2012 11.746461 12.788163 2,001,634.7962
01/01/2013 to 12/31/2013 12.788163 13.693588 1,481,131.1240
01/01/2014 to 04/25/2014 13.693588 13.786685 0.0000
19

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.819527 11.589772 3,611,199.6196
01/01/2012 to 12/31/2012 11.589772 12.786266 3,405,425.9753
01/01/2013 to 12/31/2013 12.786266 14.337516 3,003,169.9737
01/01/2014 to 04/25/2014 14.337516 14.380594 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.973059 14.320385 3,483,340.7352
01/01/2015 to 12/31/2015 14.320385 13.906986 2,935,954.2102
01/01/2016 to 12/31/2016 13.906986 14.483189 2,659,143.6973
01/01/2017 to 12/31/2017 14.483189 15.731619 2,449,425.0087
01/01/2018 to 12/31/2018 15.731619 14.762071 2,135,723.1152
01/01/2019 to 12/31/2019 14.762071 16.751583 2,029,451.5841
01/01/2020 to 12/31/2020 16.751583 18.258793 1,899,143.4014
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.603890 11.197649 7,583,100.5300
01/01/2012 to 12/31/2012 11.197649 12.522590 6,933,156.0682
01/01/2013 to 12/31/2013 12.522590 14.680262 6,436,376.3203
01/01/2014 to 04/25/2014 14.680262 14.680058 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.369533 14.838306 6,354,731.2224
01/01/2015 to 12/31/2015 14.838306 14.381624 5,685,190.1303
01/01/2016 to 12/31/2016 14.381624 15.121141 5,244,194.7640
01/01/2017 to 12/31/2017 15.121141 17.031597 4,904,133.5629
01/01/2018 to 12/31/2018 17.031597 15.693758 4,588,266.3562
01/01/2019 to 12/31/2019 15.693758 18.398508 4,331,671.1557
01/01/2020 to 12/31/2020 18.398508 20.561818 3,962,065.1076
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.492124 10.844888 2,161,788.3290
01/01/2012 to 12/31/2012 10.844888 12.318535 2,009,508.9828
01/01/2013 to 12/31/2013 12.318535 15.226579 2,217,690.1765
01/01/2014 to 04/25/2014 15.226579 15.143557 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.559131 9.219053 724,814.9956
01/01/2012 to 12/31/2012 9.219053 10.508312 526,164.1936
01/01/2013 to 04/26/2013 10.508312 11.296594 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.343608 14.896993 2,862,699.4580
01/01/2015 to 12/31/2015 14.896993 14.375859 2,569,538.9406
01/01/2016 to 12/31/2016 14.375859 15.261210 2,397,296.5428
01/01/2017 to 12/31/2017 15.261210 17.853113 2,221,856.0106
01/01/2018 to 12/31/2018 17.853113 16.102433 2,072,804.6918
01/01/2019 to 12/31/2019 16.102433 19.558050 1,850,550.3041
01/01/2020 to 12/31/2020 19.558050 22.384651 1,645,682.3741
20

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.280010 13.883244 184,558.0210
01/01/2012 to 12/31/2012 13.883244 15.205726 171,250.4482
01/01/2013 to 12/31/2013 15.205726 20.376869 178,721.5379
01/01/2014 to 12/31/2014 20.376869 20.338167 159,739.0145
01/01/2015 to 12/31/2015 20.338167 18.035670 148,956.4260
01/01/2016 to 12/31/2016 18.035670 21.715679 135,877.5895
01/01/2017 to 12/31/2017 21.715679 23.992005 122,805.0808
01/01/2018 to 12/31/2018 23.992005 20.389893 108,956.8243
01/01/2019 to 12/31/2019 20.389893 24.707736 98,030.3874
01/01/2020 to 12/31/2020 24.707736 25.704126 96,133.8428
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 17.076373 14.039305 32,054.7751
01/01/2012 to 12/31/2012 14.039305 16.248019 40,549.3823
01/01/2013 to 12/31/2013 16.248019 20.352900 110,829.6027
01/01/2014 to 12/31/2014 20.352900 18.642214 101,235.9986
01/01/2015 to 12/31/2015 18.642214 19.353701 91,359.0668
01/01/2016 to 12/31/2016 19.353701 20.105920 90,581.5080
01/01/2017 to 12/31/2017 20.105920 25.748262 84,708.9829
01/01/2018 to 12/31/2018 25.748262 20.076639 88,113.8218
01/01/2019 to 12/31/2019 20.076639 24.248482 89,138.7449
01/01/2020 to 12/31/2020 24.248482 25.895305 85,276.0174
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 21.601765 21.921747 98,474.5569
01/01/2017 to 12/31/2017 21.921747 25.569066 93,694.8718
01/01/2018 to 12/31/2018 25.569066 25.009170 26,110.0500
01/01/2019 to 12/31/2019 25.009170 32.074219 27,840.1391
01/01/2020 to 12/31/2020 32.074219 34.939142 26,172.2008
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 17.401179 16.250555 13,333.8716
01/01/2012 to 12/31/2012 16.250555 17.606464 20,179.4706
01/01/2013 to 12/31/2013 17.606464 22.937983 20,663.3503
01/01/2014 to 12/31/2014 22.937983 24.979056 19,867.3121
01/01/2015 to 12/31/2015 24.979056 24.459713 14,056.3577
01/01/2016 to 04/29/2016 24.459713 24.576063 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 12.314837 11.584307 710,262.1315
01/01/2012 to 12/31/2012 11.584307 12.815171 609,649.4651
01/01/2013 to 12/31/2013 12.815171 16.798343 587,225.0780
01/01/2014 to 12/31/2014 16.798343 18.213110 522,883.6377
01/01/2015 to 12/31/2015 18.213110 18.284506 451,235.4104
01/01/2016 to 12/31/2016 18.284506 19.233148 341,833.2532
01/01/2017 to 12/31/2017 19.233148 22.454000 310,898.9995
01/01/2018 to 12/31/2018 22.454000 21.985185 270,830.9083
01/01/2019 to 12/31/2019 21.985185 28.223392 240,334.1055
01/01/2020 to 12/31/2020 28.223392 30.774378 220,834.1589
21

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 14.424852 17.143839 53,906.5048
01/01/2014 to 12/31/2014 17.143839 18.659961 50,018.4403
01/01/2015 to 12/31/2015 18.659961 18.794945 41,925.7846
01/01/2016 to 12/31/2016 18.794945 19.402048 40,772.0376
01/01/2017 to 12/31/2017 19.402048 23.796996 35,835.2747
01/01/2018 to 12/31/2018 23.796996 21.979897 29,810.1998
01/01/2019 to 12/31/2019 21.979897 28.662602 24,614.7057
01/01/2020 to 12/31/2020 28.662602 36.966445 21,558.1838
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.070208 12.781608 61,966.7449
01/01/2012 to 12/31/2012 12.781608 13.301322 64,138.2865
01/01/2013 to 04/26/2013 13.301322 14.332215 0.0000
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.842929 11.652065 312,820.4525
01/01/2012 to 12/31/2012 11.652065 13.216751 457,405.2528
01/01/2013 to 12/31/2013 13.216751 17.740395 464,972.6060
01/01/2014 to 12/31/2014 17.740395 18.937882 405,841.2960
01/01/2015 to 12/31/2015 18.937882 20.550137 352,691.9798
01/01/2016 to 12/31/2016 20.550137 20.147267 341,799.1687
01/01/2017 to 12/31/2017 20.147267 27.095158 293,571.1733
01/01/2018 to 12/31/2018 27.095158 26.625979 342,186.5256
01/01/2019 to 12/31/2019 26.625979 34.631534 315,470.8756
01/01/2020 to 12/31/2020 34.631534 53.161062 248,442.3425
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.810117 7.372835 184,615.6323
01/01/2012 to 12/31/2012 7.372835 8.154149 165,750.0438
01/01/2013 to 04/26/2013 8.154149 8.750456 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.050256 7.793885 252,498.3533
01/01/2012 to 04/27/2012 7.793885 8.755258 0.0000
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 14.719838 15.484013 87,313.8019
01/01/2012 to 12/31/2012 15.484013 15.743288 201,698.3291
01/01/2013 to 12/31/2013 15.743288 15.057455 186,850.6952
01/01/2014 to 12/31/2014 15.057455 15.588494 192,520.5313
01/01/2015 to 12/31/2015 15.588494 15.294126 227,820.2395
01/01/2016 to 12/31/2016 15.294126 15.327044 294,238.3054
01/01/2017 to 12/31/2017 15.327044 15.488872 314,166.2855
01/01/2018 to 12/31/2018 15.488872 15.128748 304,118.2977
01/01/2019 to 12/31/2019 15.128748 16.090493 256,870.5414
01/01/2020 to 12/31/2020 16.090493 16.882869 261,106.2918
22

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.358764 15.699841 58,826.1789
01/01/2012 to 12/31/2012 15.699841 18.071495 69,156.8245
01/01/2013 to 12/31/2013 18.071495 23.550851 116,932.7381
01/01/2014 to 12/31/2014 23.550851 25.248964 112,142.0600
01/01/2015 to 12/31/2015 25.248964 24.122479 102,425.0939
01/01/2016 to 12/31/2016 24.122479 28.436031 99,485.8964
01/01/2017 to 12/31/2017 28.436031 32.272065 102,687.8016
01/01/2018 to 12/31/2018 32.272065 28.013764 106,100.1459
01/01/2019 to 12/31/2019 28.013764 34.523748 104,748.6803
01/01/2020 to 12/31/2020 34.523748 38.317917 107,798.3868
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 11.964646 10.259521 109,193.3624
01/01/2012 to 12/31/2012 10.259521 11.877164 137,595.5463
01/01/2013 to 12/31/2013 11.877164 14.158958 165,873.4006
01/01/2014 to 12/31/2014 14.158958 13.019476 203,230.5972
01/01/2015 to 12/31/2015 13.019476 12.613263 166,584.2630
01/01/2016 to 12/31/2016 12.613263 12.502000 184,652.5435
01/01/2017 to 12/31/2017 12.502000 15.285950 173,671.5830
01/01/2018 to 12/31/2018 15.285950 12.885054 186,696.8959
01/01/2019 to 12/31/2019 12.885054 15.378194 172,858.7401
01/01/2020 to 12/31/2020 15.378194 16.230312 215,722.4617
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.635105 15.623989 42,320.1293
01/01/2012 to 12/31/2012 15.623989 17.781579 68,794.3034
01/01/2013 to 12/31/2013 17.781579 24.110120 99,941.2553
01/01/2014 to 12/31/2014 24.110120 24.787674 106,532.2901
01/01/2015 to 12/31/2015 24.787674 23.229401 112,632.9348
01/01/2016 to 12/31/2016 23.229401 27.575434 117,614.4640
01/01/2017 to 12/31/2017 27.575434 30.942297 114,040.3251
01/01/2018 to 12/31/2018 30.942297 26.968326 126,377.8393
01/01/2019 to 12/31/2019 26.968326 33.146132 128,054.7715
01/01/2020 to 12/31/2020 33.146132 38.803257 124,164.7086
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.444426 11.418801 344,504.8009
01/01/2012 to 12/31/2012 11.418801 12.937763 490,505.8831
01/01/2013 to 12/31/2013 12.937763 16.726646 470,745.9142
01/01/2014 to 12/31/2014 16.726646 18.570883 474,256.5048
01/01/2015 to 12/31/2015 18.570883 18.396973 441,116.3003
01/01/2016 to 12/31/2016 18.396973 20.115452 456,299.1945
01/01/2017 to 12/31/2017 20.115452 23.940678 443,098.2052
01/01/2018 to 12/31/2018 23.940678 22.364086 529,182.3824
01/01/2019 to 12/31/2019 22.364086 28.716253 495,222.3432
01/01/2020 to 12/31/2020 28.716253 33.213411 456,536.2420
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 17.680742 20.596349 110,282.3551
01/01/2014 to 12/31/2014 20.596349 22.354329 105,643.1601
01/01/2015 to 12/31/2015 22.354329 21.864573 96,004.7288
01/01/2016 to 12/31/2016 21.864573 24.489259 92,327.4113
01/01/2017 to 12/31/2017 24.489259 28.268731 85,416.1825
01/01/2018 to 12/31/2018 28.268731 24.905858 92,179.9307
01/01/2019 to 12/31/2019 24.905858 31.746435 84,849.0865
01/01/2020 to 12/31/2020 31.746435 32.302550 88,789.2591
23

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.791473 8.583448 242,624.8883
01/01/2012 to 12/31/2012 8.583448 9.597810 241,882.5847
01/01/2013 to 04/26/2013 9.597810 10.498516 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 15.669209 19.508126 111,473.5151
01/01/2014 to 12/31/2014 19.508126 19.092967 91,152.7462
01/01/2015 to 12/31/2015 19.092967 18.814203 83,016.1674
01/01/2016 to 12/31/2016 18.814203 21.866683 74,609.3337
01/01/2017 to 12/31/2017 21.866683 24.791840 68,127.3468
01/01/2018 to 12/31/2018 24.791840 22.634857 59,916.5286
01/01/2019 to 12/31/2019 22.634857 28.754093 56,779.9089
01/01/2020 to 12/31/2020 28.754093 35.214282 51,949.2192
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.954891 13.906691 150,055.0158
01/01/2012 to 12/31/2012 13.906691 14.371972 147,313.8468
01/01/2013 to 04/26/2013 14.371972 15.560900 0.0000
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 6.769833 8.522256 305,195.9393
01/01/2014 to 12/31/2014 8.522256 9.104423 317,498.0581
01/01/2015 to 12/31/2015 9.104423 9.877111 321,332.5965
01/01/2016 to 12/31/2016 9.877111 9.844586 337,886.1359
01/01/2017 to 12/31/2017 9.844586 12.900087 304,246.8396
01/01/2018 to 12/31/2018 12.900087 12.516155 279,705.4655
01/01/2019 to 12/31/2019 12.516155 16.045266 273,771.5218
01/01/2020 to 12/31/2020 16.045266 21.521725 213,897.6276
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.625790 5.860930 278,703.0019
01/01/2012 to 12/31/2012 5.860930 6.450107 237,094.8671
01/01/2013 to 04/26/2013 6.450107 6.735371 0.0000
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.631121 15.240348 123,450.1159
01/01/2012 to 12/31/2012 15.240348 15.345209 137,780.3622
01/01/2013 to 12/31/2013 15.345209 16.684028 132,740.3802
01/01/2014 to 12/31/2014 16.684028 13.295055 136,421.4147
01/01/2015 to 12/31/2015 13.295055 8.775780 159,563.7489
01/01/2016 to 12/31/2016 8.775780 12.383154 142,690.2268
01/01/2017 to 12/31/2017 12.383154 12.066728 159,035.6270
01/01/2018 to 12/31/2018 12.066728 8.426792 165,359.3471
01/01/2019 to 12/31/2019 8.426792 9.293971 168,893.5670
01/01/2020 to 12/31/2020 9.293971 11.055302 158,146.4019
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 27.224047 28.153182 160,212.9780
01/01/2017 to 12/31/2017 28.153182 29.830992 162,541.0656
01/01/2018 to 12/31/2018 29.830992 28.102875 107,949.7621
01/01/2019 to 12/31/2019 28.102875 31.514717 97,738.0083
01/01/2020 to 12/31/2020 31.514717 32.981337 88,518.7117
24

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.85% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 22.442270 23.014253 153,659.3932
01/01/2012 to 12/31/2012 23.014253 25.515082 144,117.5183
01/01/2013 to 12/31/2013 25.515082 27.045951 172,091.8495
01/01/2014 to 12/31/2014 27.045951 27.832322 130,183.1508
01/01/2015 to 12/31/2015 27.832322 26.728019 123,293.7987
01/01/2016 to 04/29/2016 26.728019 27.499664 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 27.779927 28.753197 50,819.2835
01/01/2017 to 12/31/2017 28.753197 30.481672 34,280.9064
01/01/2018 to 12/31/2018 30.481672 28.748308 25,810.8214
01/01/2019 to 12/31/2019 28.748308 32.256285 23,480.2231
01/01/2020 to 12/31/2020 32.256285 33.808131 20,533.5683
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 12.277328 12.469565 75,130.4505
01/01/2012 to 12/31/2012 12.469565 13.641918 58,722.9086
01/01/2013 to 12/31/2013 13.641918 13.580801 128,479.0057
01/01/2014 to 12/31/2014 13.580801 13.924157 191,340.0759
01/01/2015 to 12/31/2015 13.924157 13.469712 190,157.8499
01/01/2016 to 04/29/2016 13.469712 13.783320 0.0000
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.157228 16.697088 103,023.9107
01/01/2012 to 12/31/2012 16.697088 16.888930 116,813.3885
01/01/2013 to 12/31/2013 16.888930 16.429258 107,426.8695
01/01/2014 to 12/31/2014 16.429258 16.539392 94,362.7890
01/01/2015 to 12/31/2015 16.539392 16.286067 101,113.3327
01/01/2016 to 12/31/2016 16.286067 16.150821 97,343.2826
01/01/2017 to 12/31/2017 16.150821 16.121309 93,141.6924
01/01/2018 to 12/31/2018 16.121309 15.934584 88,765.2429
01/01/2019 to 12/31/2019 15.934584 16.546652 90,325.1425
01/01/2020 to 12/31/2020 16.546652 17.040351 78,966.0218
25

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 10.162767 10.471040 487,481.3915
01/01/2013 to 12/31/2013 10.471040 11.413428 505,857.8452
01/01/2014 to 12/31/2014 11.413428 12.015513 517,380.6890
01/01/2015 to 12/31/2015 12.015513 11.851726 553,057.7668
01/01/2016 to 12/31/2016 11.851726 12.040824 448,169.7600
01/01/2017 to 12/31/2017 12.040824 13.417141 361,368.6603
01/01/2018 to 12/31/2018 13.417141 12.239589 650,211.2136
01/01/2019 to 12/31/2019 12.239589 14.172787 600,683.7205
01/01/2020 to 12/31/2020 14.172787 14.744246 312,143.6419
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.744728 9.353622 4,682,880.3884
01/01/2012 to 12/31/2012 9.353622 10.412975 4,500,679.2275
01/01/2013 to 12/31/2013 10.412975 12.104427 4,616,559.4757
01/01/2014 to 12/31/2014 12.104427 12.588752 4,782,119.0912
01/01/2015 to 12/31/2015 12.588752 12.258529 4,754,161.2092
01/01/2016 to 12/31/2016 12.258529 12.960701 4,163,043.3277
01/01/2017 to 12/31/2017 12.960701 14.853820 4,324,123.6370
01/01/2018 to 12/31/2018 14.853820 13.937366 4,121,669.5159
01/01/2019 to 12/31/2019 13.937366 16.337156 3,920,225.6324
01/01/2020 to 12/31/2020 16.337156 18.515287 3,455,376.5735
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.268923 8.660050 2,466,920.2815
01/01/2012 to 12/31/2012 8.660050 9.864168 2,162,793.2208
01/01/2013 to 12/31/2013 9.864168 12.102636 2,182,011.2245
01/01/2014 to 12/31/2014 12.102636 12.627072 2,130,844.1146
01/01/2015 to 12/31/2015 12.627072 12.289620 2,062,963.2541
01/01/2016 to 12/31/2016 12.289620 13.132041 2,012,701.0465
01/01/2017 to 12/31/2017 13.132041 15.628416 2,024,805.3099
01/01/2018 to 12/31/2018 15.628416 14.440788 1,813,593.1282
01/01/2019 to 12/31/2019 14.440788 17.509298 1,723,999.2087
01/01/2020 to 12/31/2020 17.509298 20.076506 1,558,065.6278
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.069140 8.485078 660,698.7391
01/01/2012 to 12/31/2012 8.485078 9.769178 583,353.0490
01/01/2013 to 12/31/2013 9.769178 12.434205 493,799.2236
01/01/2014 to 12/31/2014 12.434205 13.192003 508,628.7111
01/01/2015 to 12/31/2015 13.192003 13.777055 475,310.3842
01/01/2016 to 12/31/2016 13.777055 14.740436 470,981.8527
01/01/2017 to 12/31/2017 14.740436 18.490270 449,092.0027
01/01/2018 to 12/31/2018 18.490270 18.040720 392,444.7483
01/01/2019 to 12/31/2019 18.040720 23.059857 389,381.8002
01/01/2020 to 12/31/2020 23.059857 34.290013 285,166.4026
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.986521 9.812816 2,387,219.1820
01/01/2012 to 12/31/2012 9.812816 10.665337 2,270,314.8560
01/01/2013 to 12/31/2013 10.665337 11.873574 2,456,908.3388
01/01/2014 to 12/31/2014 11.873574 12.353950 2,501,503.3873
01/01/2015 to 12/31/2015 12.353950 12.027410 2,147,638.9715
01/01/2016 to 12/31/2016 12.027410 12.622368 1,769,294.0730
01/01/2017 to 12/31/2017 12.622368 13.984255 1,664,307.3758
01/01/2018 to 12/31/2018 13.984255 13.244406 1,379,596.0763
01/01/2019 to 12/31/2019 13.244406 15.087185 1,249,122.1842
01/01/2020 to 12/31/2020 15.087185 16.717142 1,396,719.7525
26

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
AQR Global Risk Balanced Sub-Account (Class B)
04/30/2012 to 12/31/2012 11.090112 11.452993 794,621.1813
01/01/2013 to 12/31/2013 11.452993 10.850902 626,248.9135
01/01/2014 to 12/31/2014 10.850902 11.066755 418,273.2973
01/01/2015 to 12/31/2015 11.066755 9.813999 395,846.1277
01/01/2016 to 12/31/2016 9.813999 10.486957 329,908.0607
01/01/2017 to 12/31/2017 10.486957 11.293178 283,898.7871
01/01/2018 to 12/31/2018 11.293178 10.370834 246,798.2617
01/01/2019 to 12/31/2019 10.370834 12.196310 215,438.1945
01/01/2020 to 12/31/2020 12.196310 12.321892 188,239.9424
BlackRock Global Tactical Strategies Sub-Account (Class B)
04/30/2012 to 12/31/2012 9.919068 10.202547 687,451.7828
01/01/2013 to 12/31/2013 10.202547 11.036967 815,180.9877
01/01/2014 to 12/31/2014 11.036967 11.464155 811,150.7466
01/01/2015 to 12/31/2015 11.464155 11.230529 908,900.0599
01/01/2016 to 12/31/2016 11.230529 11.501728 715,474.3271
01/01/2017 to 12/31/2017 11.501728 12.781457 672,618.7887
01/01/2018 to 12/31/2018 12.781457 11.632851 544,902.2591
01/01/2019 to 12/31/2019 11.632851 13.761240 494,752.3640
01/01/2020 to 12/31/2020 13.761240 14.076518 384,122.0906
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 19.189673 19.261135 188,538.8080
01/01/2012 to 12/31/2012 19.261135 22.011911 131,224.7021
01/01/2013 to 12/31/2013 22.011911 23.601650 118,448.7502
01/01/2014 to 12/31/2014 23.601650 23.908601 100,937.9189
01/01/2015 to 12/31/2015 23.908601 22.497924 96,994.9614
01/01/2016 to 12/31/2016 22.497924 25.147597 92,684.3203
01/01/2017 to 12/31/2017 25.147597 26.577072 91,445.1880
01/01/2018 to 12/31/2018 26.577072 25.312189 96,018.6795
01/01/2019 to 12/31/2019 25.312189 28.510482 99,342.9692
01/01/2020 to 12/31/2020 28.510482 30.057124 82,746.3398
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.217138 10.365536 1,142,155.2539
01/01/2012 to 12/31/2012 10.365536 11.866095 985,923.7131
01/01/2013 to 12/31/2013 11.866095 15.070772 869,196.0086
01/01/2014 to 12/31/2014 15.070772 15.531808 818,933.3071
01/01/2015 to 12/31/2015 15.531808 14.925950 769,450.6622
01/01/2016 to 12/31/2016 14.925950 15.951943 683,489.3606
01/01/2017 to 12/31/2017 15.951943 19.232857 620,879.3139
01/01/2018 to 12/31/2018 19.232857 16.961096 580,270.4792
01/01/2019 to 12/31/2019 16.961096 21.204762 517,331.9224
01/01/2020 to 12/31/2020 21.204762 24.726969 475,505.0527
Brighthouse Balanced Plus Sub-Account (Class B)
04/30/2012 to 12/31/2012 9.945874 10.368971 674,571.1454
01/01/2013 to 12/31/2013 10.368971 11.629162 1,326,031.4829
01/01/2014 to 12/31/2014 11.629162 12.504948 1,314,361.2846
01/01/2015 to 12/31/2015 12.504948 11.762166 1,346,303.2308
01/01/2016 to 12/31/2016 11.762166 12.499952 1,273,974.2970
01/01/2017 to 12/31/2017 12.499952 14.506717 1,261,000.0716
01/01/2018 to 12/31/2018 14.506717 13.177703 1,212,273.0245
01/01/2019 to 12/31/2019 13.177703 15.968699 1,079,275.9340
01/01/2020 to 12/31/2020 15.968699 17.620347 990,444.5047
27

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.922341 15.105017 537,279.5396
01/01/2012 to 12/31/2012 15.105017 17.476104 480,929.8652
01/01/2013 to 12/31/2013 17.476104 22.699826 443,866.1094
01/01/2014 to 12/31/2014 22.699826 22.643308 397,261.6627
01/01/2015 to 12/31/2015 22.643308 21.004968 362,818.3169
01/01/2016 to 12/31/2016 21.004968 27.037901 312,865.4175
01/01/2017 to 12/31/2017 27.037901 29.619563 277,143.0185
01/01/2018 to 12/31/2018 29.619563 24.619728 248,318.1698
01/01/2019 to 12/31/2019 24.619728 31.092315 242,727.1100
01/01/2020 to 12/31/2020 31.092315 30.315699 242,460.0155
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.254278 9.770137 504,752.3100
01/01/2012 to 12/31/2012 9.770137 11.390879 443,949.9713
01/01/2013 to 12/31/2013 11.390879 10.614449 429,036.5717
01/01/2014 to 12/31/2014 10.614449 9.730617 439,643.8098
01/01/2015 to 12/31/2015 9.730617 8.224494 437,431.9344
01/01/2016 to 12/31/2016 8.224494 8.993406 418,035.4176
01/01/2017 to 12/31/2017 8.993406 11.318888 416,117.3170
01/01/2018 to 12/31/2018 11.318888 9.525009 416,838.0800
01/01/2019 to 12/31/2019 9.525009 11.279293 389,538.6359
01/01/2020 to 12/31/2020 11.279293 14.080397 353,471.7951
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.184744 10.189062 80,745.3079
01/01/2012 to 12/31/2012 10.189062 10.723728 95,306.9879
01/01/2013 to 12/31/2013 10.723728 10.920083 177,856.4214
01/01/2014 to 12/31/2014 10.920083 10.788031 178,832.8729
01/01/2015 to 12/31/2015 10.788031 10.491351 150,232.2307
01/01/2016 to 12/31/2016 10.491351 11.242413 140,356.0553
01/01/2017 to 12/31/2017 11.242413 11.431358 154,505.2433
01/01/2018 to 12/31/2018 11.431358 11.244215 144,707.6770
01/01/2019 to 12/31/2019 11.244215 11.802069 125,550.4837
01/01/2020 to 12/31/2020 11.802069 11.812204 120,517.6516
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.987330 9.730713 57,534.0613
01/01/2012 to 12/31/2012 9.730713 9.961476 79,653.4623
01/01/2013 to 12/31/2013 9.961476 9.882501 175,276.7588
01/01/2014 to 12/31/2014 9.882501 9.794175 210,899.3209
01/01/2015 to 12/31/2015 9.794175 9.545245 199,164.9659
01/01/2016 to 12/31/2016 9.545245 9.654236 195,212.9759
01/01/2017 to 12/31/2017 9.654236 9.594391 203,615.9367
01/01/2018 to 12/31/2018 9.594391 9.449177 229,109.5796
01/01/2019 to 12/31/2019 9.449177 9.696309 249,529.3657
01/01/2020 to 12/31/2020 9.696309 9.710457 239,028.3189
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.089395 11.817213 27,050.0398
01/01/2012 to 12/31/2012 11.817213 13.243492 31,455.2623
01/01/2013 to 12/31/2013 13.243492 13.122481 27,236.1020
01/01/2014 to 12/31/2014 13.122481 13.015836 23,407.4077
01/01/2015 to 12/31/2015 13.015836 12.233462 17,791.6682
01/01/2016 to 12/31/2016 12.233462 12.102151 16,662.8184
01/01/2017 to 12/31/2017 12.102151 11.885674 17,107.5932
01/01/2018 to 12/31/2018 11.885674 11.771823 16,389.0919
01/01/2019 to 12/31/2019 11.771823 11.679289 16,140.0166
01/01/2020 to 12/31/2020 11.679289 10.776565 17,137.6972
28

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.747804 12.729608 266,003.7854
01/01/2012 to 12/31/2012 12.729608 15.726790 244,246.6283
01/01/2013 to 12/31/2013 15.726790 15.969912 255,258.3020
01/01/2014 to 12/31/2014 15.969912 17.739431 238,545.6194
01/01/2015 to 12/31/2015 17.739431 17.153009 187,532.8058
01/01/2016 to 12/31/2016 17.153009 16.968843 168,779.6637
01/01/2017 to 12/31/2017 16.968843 18.430314 157,907.9580
01/01/2018 to 12/31/2018 18.430314 16.509873 142,790.8184
01/01/2019 to 12/31/2019 16.509873 20.208170 126,000.7224
01/01/2020 to 12/31/2020 20.208170 18.822522 123,681.6672
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.962797 15.946001 680,095.0335
01/01/2012 to 12/31/2012 15.946001 20.210702 634,012.1052
01/01/2013 to 12/31/2013 20.210702 25.863792 597,320.1319
01/01/2014 to 12/31/2014 25.863792 23.895680 571,487.5674
01/01/2015 to 12/31/2015 23.895680 22.374448 553,237.3265
01/01/2016 to 12/31/2016 22.374448 23.736760 505,113.5951
01/01/2017 to 12/31/2017 23.736760 30.363402 458,211.6892
01/01/2018 to 12/31/2018 30.363402 22.635977 496,569.7942
01/01/2019 to 12/31/2019 22.635977 27.641768 426,329.6623
01/01/2020 to 12/31/2020 27.641768 28.493924 407,373.6415
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010622 1.044035 6,041,207.6991
01/01/2013 to 12/31/2013 1.044035 1.042928 4,571,806.7933
01/01/2014 to 12/31/2014 1.042928 1.079867 3,848,729.3607
01/01/2015 to 12/31/2015 1.079867 1.014480 3,286,548.4613
01/01/2016 to 12/31/2016 1.014480 1.111459 3,927,946.3490
01/01/2017 to 12/31/2017 1.111459 1.199066 3,084,936.3992
01/01/2018 to 12/31/2018 1.199066 1.100120 2,227,386.3739
01/01/2019 to 12/31/2019 1.100120 1.243727 2,006,377.3032
01/01/2020 to 12/31/2020 1.243727 1.343277 1,649,959.5369
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.980379 9.642864 298,308.1995
01/01/2012 to 12/31/2012 9.642864 11.198746 257,812.0454
01/01/2013 to 12/31/2013 11.198746 14.869131 273,962.9408
01/01/2014 to 12/31/2014 14.869131 15.939898 286,461.1319
01/01/2015 to 12/31/2015 15.939898 14.698649 226,856.4057
01/01/2016 to 12/31/2016 14.698649 16.908284 217,444.5047
01/01/2017 to 12/31/2017 16.908284 19.571033 191,046.7340
01/01/2018 to 12/31/2018 19.571033 16.858260 185,954.6903
01/01/2019 to 12/31/2019 16.858260 20.658604 144,616.1482
01/01/2020 to 12/31/2020 20.658604 20.156023 121,664.6549
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.116340 14.664720 293,672.5541
01/01/2012 to 12/31/2012 14.664720 17.001734 269,456.4155
01/01/2013 to 12/31/2013 17.001734 23.372353 269,442.9936
01/01/2014 to 12/31/2014 23.372353 24.734239 222,519.7395
01/01/2015 to 12/31/2015 24.734239 23.841823 196,493.2772
01/01/2016 to 12/31/2016 23.841823 26.055023 186,574.5531
01/01/2017 to 12/31/2017 26.055023 32.026594 173,969.4230
01/01/2018 to 12/31/2018 32.026594 28.563136 169,657.6656
01/01/2019 to 12/31/2019 28.563136 34.848910 166,524.8916
01/01/2020 to 12/31/2020 34.848910 53.573447 137,430.0138
29

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.927466 10.356211 330,901.6149
01/01/2014 to 12/31/2014 10.356211 10.673385 487,317.6635
01/01/2015 to 12/31/2015 10.673385 10.517820 447,374.9048
01/01/2016 to 12/31/2016 10.517820 10.544724 415,869.4762
01/01/2017 to 12/31/2017 10.544724 10.684125 410,452.8710
01/01/2018 to 12/31/2018 10.684125 10.478940 444,269.8707
01/01/2019 to 12/31/2019 10.478940 11.120785 506,136.8964
01/01/2020 to 12/31/2020 11.120785 11.766185 498,727.5592
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.203969 10.586761 385,106.3874
01/01/2012 to 12/31/2012 10.586761 10.891608 390,579.9529
01/01/2013 to 04/26/2013 10.891608 10.862933 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012676 1.046073 268,794.8379
01/01/2013 to 12/31/2013 1.046073 1.138585 1,313,599.5066
01/01/2014 to 12/31/2014 1.138585 1.194489 2,813,064.2568
01/01/2015 to 12/31/2015 1.194489 1.181897 3,048,451.4119
01/01/2016 to 12/31/2016 1.181897 1.192722 4,061,789.8979
01/01/2017 to 12/31/2017 1.192722 1.364604 2,837,775.1857
01/01/2018 to 12/31/2018 1.364604 1.241924 2,418,821.2751
01/01/2019 to 12/31/2019 1.241924 1.423932 2,310,281.9900
01/01/2020 to 12/31/2020 1.423932 1.567087 2,028,577.2264
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996775 1.036466 0.0000
01/01/2015 to 12/31/2015 1.036466 1.006451 0.0000
01/01/2016 to 12/31/2016 1.006451 1.006706 2,092.0317
01/01/2017 to 12/31/2017 1.006706 1.140239 1,879.7644
01/01/2018 to 04/30/2018 1.140239 1.109974 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.711856 12.282006 267,508.6612
01/01/2012 to 12/31/2012 12.282006 14.082838 243,594.2593
01/01/2013 to 12/31/2013 14.082838 16.176496 195,353.9061
01/01/2014 to 12/31/2014 16.176496 16.414140 177,994.9838
01/01/2015 to 12/31/2015 16.414140 16.294774 131,150.3655
01/01/2016 to 12/31/2016 16.294774 16.743511 133,837.8842
01/01/2017 to 12/31/2017 16.743511 20.192923 116,628.3422
01/01/2018 to 12/31/2018 20.192923 18.733948 145,083.7593
01/01/2019 to 12/31/2019 18.733948 23.429202 124,187.6715
01/01/2020 to 12/31/2020 23.429202 26.373297 125,172.4741
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 7.163541 7.253635 628,240.2268
01/01/2012 to 12/31/2012 7.253635 8.429276 556,634.4425
01/01/2013 to 12/31/2013 8.429276 12.036283 618,131.6826
01/01/2014 to 12/31/2014 12.036283 14.033965 731,528.6164
01/01/2015 to 12/31/2015 14.033965 13.207370 626,163.3164
01/01/2016 to 12/31/2016 13.207370 13.299503 579,289.1318
01/01/2017 to 12/31/2017 13.299503 15.444494 531,392.9836
01/01/2018 to 12/31/2018 15.444494 14.075601 466,573.6730
01/01/2019 to 12/31/2019 14.075601 17.057229 447,729.6289
01/01/2020 to 12/31/2020 17.057229 22.118144 364,962.0663
30

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 132.713558 120.335247 4,118.5333
01/01/2012 to 12/31/2012 120.335247 144.568601 5,059.2491
01/01/2013 to 12/31/2013 144.568601 182.589254 5,317.7233
01/01/2014 to 04/25/2014 182.589254 189.802385 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.489699 6.888201 0.0000
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.768432 11.218181 28,870.3124
01/01/2014 to 12/31/2014 11.218181 12.020401 84,752.9090
01/01/2015 to 12/31/2015 12.020401 11.645409 167,568.1626
01/01/2016 to 12/31/2016 11.645409 11.918633 260,839.5573
01/01/2017 to 12/31/2017 11.918633 13.506023 239,806.9479
01/01/2018 to 12/31/2018 13.506023 12.292157 161,024.1896
01/01/2019 to 12/31/2019 12.292157 14.672013 166,987.8804
01/01/2020 to 12/31/2020 14.672013 15.331500 135,331.3565
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.754786 12.044296 612,198.6971
01/01/2012 to 12/31/2012 12.044296 13.783845 551,210.7799
01/01/2013 to 12/31/2013 13.783845 16.120882 486,790.1753
01/01/2014 to 12/31/2014 16.120882 14.710824 448,147.1069
01/01/2015 to 12/31/2015 14.710824 14.170798 432,293.3192
01/01/2016 to 12/31/2016 14.170798 13.775488 393,137.1040
01/01/2017 to 12/31/2017 13.775488 17.314068 379,440.0888
01/01/2018 to 12/31/2018 17.314068 14.601537 331,822.0797
01/01/2019 to 12/31/2019 14.601537 18.374102 337,436.8196
01/01/2020 to 12/31/2020 18.374102 20.363751 328,403.6016
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999733 1.031663 0.0000
01/01/2015 to 12/31/2015 1.031663 0.956324 387,797.0201
01/01/2016 to 12/31/2016 0.956324 1.042179 394,530.9556
01/01/2017 to 12/31/2017 1.042179 1.150874 256,097.1181
01/01/2018 to 12/31/2018 1.150874 1.042848 197,940.7438
01/01/2019 to 12/31/2019 1.042848 1.247649 153,597.3218
01/01/2020 to 12/31/2020 1.247649 1.368455 194,164.8906
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.206793 14.395490 1,210,604.2463
01/01/2012 to 12/31/2012 14.395490 15.405124 1,118,986.0246
01/01/2013 to 12/31/2013 15.405124 13.706335 1,055,891.9905
01/01/2014 to 12/31/2014 13.706335 13.830534 963,207.8928
01/01/2015 to 12/31/2015 13.830534 13.141594 878,686.2213
01/01/2016 to 12/31/2016 13.141594 13.530141 832,757.2996
01/01/2017 to 12/31/2017 13.530141 13.729721 797,418.7612
01/01/2018 to 12/31/2018 13.729721 13.138794 781,474.7148
01/01/2019 to 12/31/2019 13.138794 13.950737 688,222.0864
01/01/2020 to 12/31/2020 13.950737 15.259710 633,365.2590
31

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.531222 15.714895 2,295,007.1846
01/01/2012 to 12/31/2012 15.714895 16.838529 2,285,932.5719
01/01/2013 to 12/31/2013 16.838529 16.197052 2,145,523.2305
01/01/2014 to 12/31/2014 16.197052 16.550123 1,654,825.5646
01/01/2015 to 12/31/2015 16.550123 16.231332 1,547,820.1743
01/01/2016 to 12/31/2016 16.231332 16.333311 1,319,488.0326
01/01/2017 to 12/31/2017 16.333311 16.739704 1,353,303.0732
01/01/2018 to 12/31/2018 16.739704 16.376958 1,361,952.7934
01/01/2019 to 12/31/2019 16.376958 17.419746 1,211,117.7851
01/01/2020 to 12/31/2020 17.419746 18.536795 1,156,716.4150
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.214562 10.711818 9,508.0192
01/01/2014 to 12/31/2014 10.711818 11.412702 27,786.4919
01/01/2015 to 12/31/2015 11.412702 11.052241 153,664.0305
01/01/2016 to 12/31/2016 11.052241 11.333706 100,319.6329
01/01/2017 to 12/31/2017 11.333706 12.946364 124,589.0158
01/01/2018 to 04/30/2018 12.946364 12.359927 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010654 1.064118 715,130.5976
01/01/2013 to 12/31/2013 1.064118 1.149085 1,881,624.4447
01/01/2014 to 12/31/2014 1.149085 1.214108 1,726,281.2753
01/01/2015 to 12/31/2015 1.214108 1.180194 2,101,205.3643
01/01/2016 to 12/31/2016 1.180194 1.222834 2,508,539.1714
01/01/2017 to 12/31/2017 1.222834 1.370736 2,135,093.2708
01/01/2018 to 12/31/2018 1.370736 1.217449 2,430,725.2845
01/01/2019 to 12/31/2019 1.217449 1.450547 2,282,984.4188
01/01/2020 to 12/31/2020 1.450547 1.452440 1,968,097.4216
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.349916 11.249304 1,638,674.4971
01/01/2012 to 12/31/2012 11.249304 12.447953 1,793,104.8400
01/01/2013 to 12/31/2013 12.447953 13.786215 1,751,980.8225
01/01/2014 to 12/31/2014 13.786215 14.305752 1,565,218.6194
01/01/2015 to 12/31/2015 14.305752 13.754045 1,444,706.6398
01/01/2016 to 12/31/2016 13.754045 14.268643 1,192,609.7933
01/01/2017 to 12/31/2017 14.268643 16.213280 1,172,118.6191
01/01/2018 to 12/31/2018 16.213280 14.861887 1,004,776.1509
01/01/2019 to 12/31/2019 14.861887 17.432942 910,073.7573
01/01/2020 to 12/31/2020 17.432942 18.775449 865,771.4402
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.940057 10.500781 797,701.8665
01/01/2012 to 12/31/2012 10.500781 11.844879 784,580.2073
01/01/2013 to 12/31/2013 11.844879 13.715502 793,352.0073
01/01/2014 to 12/31/2014 13.715502 14.174143 705,988.2684
01/01/2015 to 12/31/2015 14.174143 13.579155 585,371.0785
01/01/2016 to 12/31/2016 13.579155 14.233089 711,488.3748
01/01/2017 to 12/31/2017 14.233089 16.700077 726,451.3604
01/01/2018 to 12/31/2018 16.700077 14.943358 565,801.1956
01/01/2019 to 12/31/2019 14.943358 17.943849 528,845.8489
01/01/2020 to 12/31/2020 17.943849 19.487877 454,851.7052
32

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 46.479634 43.755758 209,631.0324
01/01/2012 to 12/31/2012 43.755758 50.620493 187,902.6054
01/01/2013 to 12/31/2013 50.620493 66.410645 171,373.2829
01/01/2014 to 12/31/2014 66.410645 73.777620 163,311.4205
01/01/2015 to 12/31/2015 73.777620 69.758250 136,919.8034
01/01/2016 to 12/31/2016 69.758250 79.318647 128,016.1156
01/01/2017 to 12/31/2017 79.318647 90.975776 123,309.5000
01/01/2018 to 12/31/2018 90.975776 81.038640 105,813.1484
01/01/2019 to 12/31/2019 81.038640 100.547573 98,571.2570
01/01/2020 to 12/31/2020 100.547573 101.429882 95,835.3218
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.936782 9.584698 895,748.8130
01/01/2012 to 12/31/2012 9.584698 10.684677 788,949.6902
01/01/2013 to 12/31/2013 10.684677 14.311326 759,322.5495
01/01/2014 to 12/31/2014 14.311326 15.827880 724,768.8484
01/01/2015 to 12/31/2015 15.827880 16.558109 668,441.7231
01/01/2016 to 12/31/2016 16.558109 17.247689 600,496.9740
01/01/2017 to 12/31/2017 17.247689 21.101109 530,674.3581
01/01/2018 to 12/31/2018 21.101109 20.237905 504,284.6122
01/01/2019 to 12/31/2019 20.237905 26.013253 457,016.5726
01/01/2020 to 12/31/2020 26.013253 31.610761 394,220.8089
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 23.811597 22.489026 92,984.1668
01/01/2012 to 12/31/2012 22.489026 25.293673 99,257.5765
01/01/2013 to 12/31/2013 25.293673 32.322692 83,822.0847
01/01/2014 to 12/31/2014 32.322692 34.755277 76,425.2509
01/01/2015 to 12/31/2015 34.755277 31.022786 68,079.8469
01/01/2016 to 12/31/2016 31.022786 35.140654 68,579.0280
01/01/2017 to 12/31/2017 35.140654 37.729420 60,337.3208
01/01/2018 to 12/31/2018 37.729420 33.242572 54,934.3666
01/01/2019 to 12/31/2019 33.242572 42.050017 52,789.4192
01/01/2020 to 12/31/2020 42.050017 44.385870 54,485.9937
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.963407 13.751431 310,774.3725
01/01/2012 to 12/31/2012 13.751431 15.927672 292,433.3732
01/01/2013 to 12/31/2013 15.927672 20.720268 274,147.8604
01/01/2014 to 12/31/2014 20.720268 23.008283 266,958.4687
01/01/2015 to 12/31/2015 23.008283 20.506331 199,846.9200
01/01/2016 to 12/31/2016 20.506331 22.761565 180,147.8641
01/01/2017 to 12/31/2017 22.761565 24.731950 168,827.1697
01/01/2018 to 12/31/2018 24.731950 21.028302 152,001.5604
01/01/2019 to 12/31/2019 21.028302 27.949806 127,540.5313
01/01/2020 to 12/31/2020 27.949806 28.152666 117,819.0261
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
04/30/2012 to 12/31/2012 10.713021 10.838586 249,162.6096
01/01/2013 to 12/31/2013 10.838586 10.148878 113,370.3208
01/01/2014 to 12/31/2014 10.148878 10.705006 133,350.1990
01/01/2015 to 12/31/2015 10.705006 10.543429 117,770.7412
01/01/2016 to 12/31/2016 10.543429 10.476034 247,608.4152
01/01/2017 to 12/31/2017 10.476034 10.541398 171,072.6629
01/01/2018 to 12/31/2018 10.541398 10.330014 190,821.9177
01/01/2019 to 12/31/2019 10.330014 10.889680 199,902.3617
01/01/2020 to 12/31/2020 10.889680 11.498661 176,855.5572
33

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 8.906673 9.738019 380,194.0141
01/01/2014 to 12/31/2014 9.738019 9.230659 366,737.0107
01/01/2015 to 12/31/2015 9.230659 8.855935 324,346.4706
01/01/2016 to 12/31/2016 8.855935 9.123581 310,053.3717
01/01/2017 to 12/31/2017 9.123581 12.069862 280,924.8307
01/01/2018 to 12/31/2018 12.069862 9.800702 291,242.7824
01/01/2019 to 12/31/2019 9.800702 12.726202 264,916.2541
01/01/2020 to 12/31/2020 12.726202 15.757050 210,498.8085
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.840352 7.431387 459,960.0083
01/01/2012 to 12/31/2012 7.431387 8.558211 407,372.2121
01/01/2013 to 04/26/2013 8.558211 8.860558 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.030636 9.837451 1,873,563.1243
01/01/2012 to 12/31/2012 9.837451 9.646441 2,121,212.5334
01/01/2013 to 12/31/2013 9.646441 9.460150 1,479,539.3886
01/01/2014 to 12/31/2014 9.460150 9.277457 1,230,376.9862
01/01/2015 to 12/31/2015 9.277457 9.098292 1,235,575.2766
01/01/2016 to 12/31/2016 9.098292 8.932593 1,462,942.5061
01/01/2017 to 12/31/2017 8.932593 8.816155 1,260,794.0486
01/01/2018 to 12/31/2018 8.816155 8.778884 1,105,723.1063
01/01/2019 to 12/31/2019 8.778884 8.771048 1,047,389.3853
01/01/2020 to 12/31/2020 8.771048 8.617733 1,248,215.5004
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.335259 13.548918 2,708.4104
01/01/2015 to 12/31/2015 13.548918 13.209458 101,202.1136
01/01/2016 to 12/31/2016 13.209458 13.541222 126,946.3017
01/01/2017 to 12/31/2017 13.541222 14.201094 145,826.2733
01/01/2018 to 12/31/2018 14.201094 13.561749 132,189.8155
01/01/2019 to 12/31/2019 13.561749 14.860790 162,114.0850
01/01/2020 to 12/31/2020 14.860790 15.959981 393,617.4136
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.684387 11.662678 5,926,220.4697
01/01/2012 to 12/31/2012 11.662678 12.684198 5,678,239.2719
01/01/2013 to 12/31/2013 12.684198 13.568692 4,283,688.3075
01/01/2014 to 04/25/2014 13.568692 13.656637 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.746928 11.507100 7,183,513.1276
01/01/2012 to 12/31/2012 11.507100 12.682311 6,707,074.9680
01/01/2013 to 12/31/2013 12.682311 14.206742 6,422,839.0860
01/01/2014 to 04/25/2014 14.206742 14.244938 0.0000
34

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.654448 13.984391 9,839,339.8676
01/01/2015 to 12/31/2015 13.984391 13.567117 8,687,239.5344
01/01/2016 to 12/31/2016 13.567117 14.115122 7,851,797.1405
01/01/2017 to 12/31/2017 14.115122 15.316552 7,084,668.2591
01/01/2018 to 12/31/2018 15.316552 14.358139 6,281,336.8924
01/01/2019 to 12/31/2019 14.358139 16.276934 5,878,161.1908
01/01/2020 to 12/31/2020 16.276934 17.723666 5,312,237.2703
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.532610 11.117766 16,722,597.8314
01/01/2012 to 12/31/2012 11.117766 12.420769 15,354,362.3968
01/01/2013 to 12/31/2013 12.420769 14.546353 13,938,617.2351
01/01/2014 to 04/25/2014 14.546353 14.541568 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.539238 15.003394 12,879,076.6502
01/01/2015 to 12/31/2015 15.003394 14.527095 12,123,051.5317
01/01/2016 to 12/31/2016 14.527095 15.258832 11,015,167.7578
01/01/2017 to 12/31/2017 15.258832 17.169567 10,157,644.5278
01/01/2018 to 12/31/2018 17.169567 15.804985 9,018,294.0186
01/01/2019 to 12/31/2019 15.804985 18.510395 8,141,211.8842
01/01/2020 to 12/31/2020 18.510395 20.666139 7,308,733.8775
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.421522 10.767511 20,238,702.9542
01/01/2012 to 12/31/2012 10.767511 12.218361 18,463,229.0297
01/01/2013 to 12/31/2013 12.218361 15.087673 18,089,146.0577
01/01/2014 to 04/25/2014 15.087673 15.000680 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.533474 9.185137 1,006,244.3855
01/01/2012 to 12/31/2012 9.185137 10.459139 848,866.0659
01/01/2013 to 04/26/2013 10.459139 11.240161 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.987667 15.555374 17,241,505.9160
01/01/2015 to 12/31/2015 15.555374 14.996203 16,055,806.4982
01/01/2016 to 12/31/2016 14.996203 15.903853 14,975,203.2019
01/01/2017 to 12/31/2017 15.903853 18.586373 13,848,572.1052
01/01/2018 to 12/31/2018 18.586373 16.746933 12,274,198.5102
01/01/2019 to 12/31/2019 16.746933 20.320541 11,241,777.4026
01/01/2020 to 12/31/2020 20.320541 23.234043 10,238,621.0417
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.152006 13.735717 437,755.0056
01/01/2012 to 12/31/2012 13.735717 15.029032 411,874.6476
01/01/2013 to 12/31/2013 15.029032 20.119975 377,386.5856
01/01/2014 to 12/31/2014 20.119975 20.061686 333,160.6496
01/01/2015 to 12/31/2015 20.061686 17.772703 294,691.1613
01/01/2016 to 12/31/2016 17.772703 21.377678 262,767.8683
01/01/2017 to 12/31/2017 21.377678 23.595049 236,227.6198
01/01/2018 to 12/31/2018 23.595049 20.032372 222,265.0830
01/01/2019 to 12/31/2019 20.032372 24.250253 211,936.6410
01/01/2020 to 12/31/2020 24.250253 25.202912 200,294.0930
35

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 17.039399 13.994917 102,077.9934
01/01/2012 to 12/31/2012 13.994917 16.180386 80,129.1659
01/01/2013 to 12/31/2013 16.180386 20.247946 79,438.8824
01/01/2014 to 12/31/2014 20.247946 18.527540 76,050.6664
01/01/2015 to 12/31/2015 18.527540 19.215428 65,683.3265
01/01/2016 to 12/31/2016 19.215428 19.942328 64,773.4544
01/01/2017 to 12/31/2017 19.942328 25.513334 71,037.8777
01/01/2018 to 12/31/2018 25.513334 19.873445 81,345.7530
01/01/2019 to 12/31/2019 19.873445 23.979089 87,852.3882
01/01/2020 to 12/31/2020 23.979089 25.581960 86,269.6793
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 21.310097 21.611432 22,177.4387
01/01/2017 to 12/31/2017 21.611432 25.182019 19,722.9639
01/01/2018 to 12/31/2018 25.182019 24.605839 23,177.4456
01/01/2019 to 12/31/2019 24.605839 31.525422 26,838.5033
01/01/2020 to 12/31/2020 31.525422 34.306907 29,299.3734
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 17.109420 15.962150 14,285.5477
01/01/2012 to 12/31/2012 15.962150 17.276625 16,000.9901
01/01/2013 to 12/31/2013 17.276625 22.485788 13,422.0703
01/01/2014 to 12/31/2014 22.485788 24.462156 14,842.3848
01/01/2015 to 12/31/2015 24.462156 23.929621 14,436.7608
01/01/2016 to 04/29/2016 23.929621 24.035545 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 12.196133 11.461201 1,226,104.7499
01/01/2012 to 12/31/2012 11.461201 12.666252 1,100,194.1416
01/01/2013 to 12/31/2013 12.666252 16.586560 970,277.2572
01/01/2014 to 12/31/2014 16.586560 17.965521 835,081.2406
01/01/2015 to 12/31/2015 17.965521 18.017925 724,407.7815
01/01/2016 to 12/31/2016 18.017925 18.933800 621,517.9672
01/01/2017 to 12/31/2017 18.933800 22.082510 557,037.3955
01/01/2018 to 12/31/2018 22.082510 21.599717 476,881.7595
01/01/2019 to 12/31/2019 21.599717 27.700849 415,699.6438
01/01/2020 to 12/31/2020 27.700849 30.174332 377,104.9539
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 14.295539 16.978719 126,621.4106
01/01/2014 to 12/31/2014 16.978719 18.461769 117,413.6164
01/01/2015 to 12/31/2015 18.461769 18.576735 89,886.8215
01/01/2016 to 12/31/2016 18.576735 19.157627 81,998.8229
01/01/2017 to 12/31/2017 19.157627 23.473812 78,032.1768
01/01/2018 to 12/31/2018 23.473812 21.659587 67,765.2185
01/01/2019 to 12/31/2019 21.659587 28.216686 63,449.4829
01/01/2020 to 12/31/2020 28.216686 36.354889 54,252.2191
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 13.976597 12.683903 155,423.7876
01/01/2012 to 12/31/2012 12.683903 13.186379 140,043.4880
01/01/2013 to 04/26/2013 13.186379 14.203849 0.0000
36

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.740621 11.539887 616,038.6958
01/01/2012 to 12/31/2012 11.539887 13.076365 945,535.0134
01/01/2013 to 12/31/2013 13.076365 17.534432 863,679.6468
01/01/2014 to 12/31/2014 17.534432 18.699312 693,492.4034
01/01/2015 to 12/31/2015 18.699312 20.270982 615,548.1641
01/01/2016 to 12/31/2016 20.270982 19.853726 539,971.1122
01/01/2017 to 12/31/2017 19.853726 26.673813 498,603.2347
01/01/2018 to 12/31/2018 26.673813 26.185577 463,481.3194
01/01/2019 to 12/31/2019 26.185577 34.024691 452,452.3921
01/01/2020 to 12/31/2020 34.024691 52.177275 400,511.9513
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.785384 7.342156 75,358.1675
01/01/2012 to 12/31/2012 7.342156 8.112065 71,574.0383
01/01/2013 to 04/26/2013 8.112065 8.702527 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.972627 7.711030 643,288.4571
01/01/2012 to 04/27/2012 7.711030 8.659366 0.0000
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 14.542133 15.281843 84,181.8830
01/01/2012 to 12/31/2012 15.281843 15.522125 93,770.4087
01/01/2013 to 12/31/2013 15.522125 14.831089 99,841.7588
01/01/2014 to 12/31/2014 14.831089 15.338804 140,927.3866
01/01/2015 to 12/31/2015 15.338804 15.034112 132,510.8942
01/01/2016 to 12/31/2016 15.034112 15.051416 222,705.0098
01/01/2017 to 12/31/2017 15.051416 15.195178 254,971.3587
01/01/2018 to 12/31/2018 15.195178 14.826969 252,730.3254
01/01/2019 to 12/31/2019 14.826969 15.753776 278,408.7976
01/01/2020 to 12/31/2020 15.753776 16.513013 202,288.7843
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.187965 15.520424 38,543.1033
01/01/2012 to 12/31/2012 15.520424 17.847034 40,594.3668
01/01/2013 to 12/31/2013 17.847034 23.235109 48,770.4602
01/01/2014 to 12/31/2014 23.235109 24.885561 62,308.9942
01/01/2015 to 12/31/2015 24.885561 23.751528 64,651.3399
01/01/2016 to 12/31/2016 23.751528 27.970784 73,199.8295
01/01/2017 to 12/31/2017 27.970784 31.712440 84,467.0777
01/01/2018 to 12/31/2018 31.712440 27.500297 81,671.9733
01/01/2019 to 12/31/2019 27.500297 33.857098 80,497.0949
01/01/2020 to 12/31/2020 33.857098 37.540351 70,773.5861
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 11.820151 10.125498 48,280.0468
01/01/2012 to 12/31/2012 10.125498 11.710239 47,606.7732
01/01/2013 to 12/31/2013 11.710239 13.946021 53,054.1076
01/01/2014 to 12/31/2014 13.946021 12.810855 69,518.5456
01/01/2015 to 12/31/2015 12.810855 12.398742 75,679.4832
01/01/2016 to 12/31/2016 12.398742 12.277091 70,941.8505
01/01/2017 to 12/31/2017 12.277091 14.996013 91,785.7910
01/01/2018 to 12/31/2018 14.996013 12.627942 94,970.7233
01/01/2019 to 12/31/2019 12.627942 15.056277 85,136.3965
01/01/2020 to 12/31/2020 15.056277 15.874635 75,900.3298
37

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.434193 15.419887 42,290.0866
01/01/2012 to 12/31/2012 15.419887 17.531671 37,828.4839
01/01/2013 to 12/31/2013 17.531671 23.747538 53,487.8694
01/01/2014 to 12/31/2014 23.747538 24.390502 59,451.9536
01/01/2015 to 12/31/2015 24.390502 22.834348 59,458.7689
01/01/2016 to 12/31/2016 22.834348 27.079395 68,768.4555
01/01/2017 to 12/31/2017 27.079395 30.355426 83,031.7500
01/01/2018 to 12/31/2018 30.355426 26.430217 79,203.0300
01/01/2019 to 12/31/2019 26.430217 32.452301 75,628.1370
01/01/2020 to 12/31/2020 32.452301 37.952965 62,782.3704
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.339221 11.302549 520,759.4373
01/01/2012 to 12/31/2012 11.302549 12.793188 499,981.3681
01/01/2013 to 12/31/2013 12.793188 16.523216 488,528.5151
01/01/2014 to 12/31/2014 16.523216 18.326695 520,691.9284
01/01/2015 to 12/31/2015 18.326695 18.136929 408,433.6284
01/01/2016 to 12/31/2016 18.136929 19.811307 419,237.5743
01/01/2017 to 12/31/2017 19.811307 23.555217 430,419.0593
01/01/2018 to 12/31/2018 23.555217 21.981888 455,720.0638
01/01/2019 to 12/31/2019 21.981888 28.197302 407,032.4912
01/01/2020 to 12/31/2020 28.197302 32.580518 364,033.5512
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 17.421282 20.280447 559,724.3349
01/01/2014 to 12/31/2014 20.280447 21.989471 397,625.5633
01/01/2015 to 12/31/2015 21.989471 21.486214 263,791.5656
01/01/2016 to 12/31/2016 21.486214 24.041440 246,163.9431
01/01/2017 to 12/31/2017 24.041440 27.724163 209,937.1005
01/01/2018 to 12/31/2018 27.724163 24.401509 185,387.0914
01/01/2019 to 12/31/2019 24.401509 31.072490 176,677.6874
01/01/2020 to 12/31/2020 31.072490 31.585101 174,856.4525
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.767870 8.551865 1,160,376.4266
01/01/2012 to 12/31/2012 8.551865 9.552891 1,024,233.5245
01/01/2013 to 04/26/2013 9.552891 10.446064 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 18.704970 23.271979 165,801.8495
01/01/2014 to 12/31/2014 23.271979 22.753952 172,755.9547
01/01/2015 to 12/31/2015 22.753952 22.399330 155,478.6363
01/01/2016 to 12/31/2016 22.399330 26.007469 147,806.8995
01/01/2017 to 12/31/2017 26.007469 29.457175 140,056.0538
01/01/2018 to 12/31/2018 29.457175 26.867245 117,323.3532
01/01/2019 to 12/31/2019 26.867245 34.096592 110,456.5131
01/01/2020 to 12/31/2020 34.096592 41.715258 81,249.2752
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.817473 13.765157 257,269.5371
01/01/2012 to 12/31/2012 13.765157 14.211408 237,844.2836
01/01/2013 to 04/26/2013 14.211408 15.382164 0.0000
38

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 6.688949 8.414769 276,940.1258
01/01/2014 to 12/31/2014 8.414769 8.980610 339,326.8364
01/01/2015 to 12/31/2015 8.980610 9.733056 458,749.6960
01/01/2016 to 12/31/2016 9.733056 9.691312 445,465.4630
01/01/2017 to 12/31/2017 9.691312 12.686600 449,585.0133
01/01/2018 to 12/31/2018 12.686600 12.296647 480,139.2656
01/01/2019 to 12/31/2019 12.296647 15.748116 513,658.2590
01/01/2020 to 12/31/2020 15.748116 21.102005 463,320.4117
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.561892 5.798617 407,786.9118
01/01/2012 to 12/31/2012 5.798617 6.375121 319,676.8401
01/01/2013 to 04/26/2013 6.375121 6.654953 0.0000
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.590756 15.192146 66,648.8173
01/01/2012 to 12/31/2012 15.192146 15.281305 73,156.4439
01/01/2013 to 12/31/2013 15.281305 16.597945 65,769.9466
01/01/2014 to 12/31/2014 16.597945 13.213211 65,949.5536
01/01/2015 to 12/31/2015 13.213211 8.713017 70,369.4598
01/01/2016 to 12/31/2016 8.713017 12.282311 69,680.3143
01/01/2017 to 12/31/2017 12.282311 11.956537 66,672.4848
01/01/2018 to 12/31/2018 11.956537 8.341436 62,966.5663
01/01/2019 to 12/31/2019 8.341436 9.190641 73,139.4439
01/01/2020 to 12/31/2020 9.190641 10.921436 68,087.2128
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 26.644760 27.535872 235,712.2463
01/01/2017 to 12/31/2017 27.535872 29.147826 226,086.2294
01/01/2018 to 12/31/2018 29.147826 27.431690 196,516.6444
01/01/2019 to 12/31/2019 27.431690 30.731319 179,666.5204
01/01/2020 to 12/31/2020 30.731319 32.129258 170,053.6091
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 22.226037 22.769795 352,257.5726
01/01/2012 to 12/31/2012 22.769795 25.218708 337,627.1542
01/01/2013 to 12/31/2013 25.218708 26.705088 325,630.8023
01/01/2014 to 12/31/2014 26.705088 27.454089 299,474.3112
01/01/2015 to 12/31/2015 27.454089 26.338441 258,102.6481
01/01/2016 to 04/29/2016 26.338441 27.089935 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 27.188815 28.122733 64,270.7245
01/01/2017 to 12/31/2017 28.122733 29.783609 55,466.9510
01/01/2018 to 12/31/2018 29.783609 28.061712 50,121.0985
01/01/2019 to 12/31/2019 28.061712 31.454458 44,697.8649
01/01/2020 to 12/31/2020 31.454458 32.934697 39,885.3533
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 12.246981 12.426349 78,624.3081
01/01/2012 to 12/31/2012 12.426349 13.580985 108,026.6966
01/01/2013 to 12/31/2013 13.580985 13.506630 121,797.2252
01/01/2014 to 12/31/2014 13.506630 13.834275 147,446.5074
01/01/2015 to 12/31/2015 13.834275 13.369388 157,003.6528
01/01/2016 to 04/29/2016 13.369388 13.676166 0.0000
39

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
1.95% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.897958 16.412787 160,916.6832
01/01/2012 to 12/31/2012 16.412787 16.584684 144,073.2015
01/01/2013 to 12/31/2013 16.584684 16.117171 117,851.8826
01/01/2014 to 12/31/2014 16.117171 16.209000 97,919.8265
01/01/2015 to 12/31/2015 16.209000 15.944786 96,739.8048
01/01/2016 to 12/31/2016 15.944786 15.796573 107,566.7412
01/01/2017 to 12/31/2017 15.796573 15.751995 80,976.9722
01/01/2018 to 12/31/2018 15.751995 15.553905 80,160.9752
01/01/2019 to 12/31/2019 15.553905 16.135212 81,544.5184
01/01/2020 to 12/31/2020 16.135212 16.599988 159,673.0272
40

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997808 9.696735 189,210.4188
01/01/2012 to 12/31/2012 9.696735 10.462250 270,455.4921
01/01/2013 to 12/31/2013 10.462250 11.398147 335,029.7865
01/01/2014 to 12/31/2014 11.398147 11.993428 323,273.1569
01/01/2015 to 12/31/2015 11.993428 11.824027 87,836.5411
01/01/2016 to 12/31/2016 11.824027 12.006679 25,355.4866
01/01/2017 to 12/31/2017 12.006679 13.372425 7,668.2286
01/01/2018 to 12/31/2018 13.372425 12.192662 4,538.9331
01/01/2019 to 12/31/2019 12.192662 14.111391 4,216.4105
01/01/2020 to 12/31/2020 14.111391 14.673016 3,795.7337
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.731636 9.336396 661,755.9738
01/01/2012 to 12/31/2012 9.336396 10.388576 629,274.8786
01/01/2013 to 12/31/2013 10.388576 12.070029 528,862.1321
01/01/2014 to 12/31/2014 12.070029 12.546702 511,790.4106
01/01/2015 to 12/31/2015 12.546702 12.211472 404,936.3041
01/01/2016 to 12/31/2016 12.211472 12.904496 382,662.9901
01/01/2017 to 12/31/2017 12.904496 14.782035 348,703.9298
01/01/2018 to 12/31/2018 14.782035 13.863035 325,207.0778
01/01/2019 to 12/31/2019 13.863035 16.241905 308,443.4937
01/01/2020 to 12/31/2020 16.241905 18.398111 293,599.4350
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.256468 8.644098 181,996.0190
01/01/2012 to 12/31/2012 8.644098 9.841051 197,043.1935
01/01/2013 to 12/31/2013 9.841051 12.068240 186,111.1178
01/01/2014 to 12/31/2014 12.068240 12.584890 160,610.6167
01/01/2015 to 12/31/2015 12.584890 12.242440 182,137.4885
01/01/2016 to 12/31/2016 12.242440 13.075088 153,121.5481
01/01/2017 to 12/31/2017 13.075088 15.552885 166,357.5817
01/01/2018 to 12/31/2018 15.552885 14.363768 180,853.3300
01/01/2019 to 12/31/2019 14.363768 17.407207 173,774.7229
01/01/2020 to 12/31/2020 17.407207 19.949442 164,615.6823
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.056950 8.469445 127,763.4584
01/01/2012 to 12/31/2012 8.469445 9.746281 99,827.3811
01/01/2013 to 12/31/2013 9.746281 12.398863 85,055.2003
01/01/2014 to 12/31/2014 12.398863 13.147930 77,901.0388
01/01/2015 to 12/31/2015 13.147930 13.724163 66,279.2251
01/01/2016 to 12/31/2016 13.724163 14.676506 53,142.2240
01/01/2017 to 12/31/2017 14.676506 18.400906 55,572.4084
01/01/2018 to 12/31/2018 18.400906 17.944501 43,460.8637
01/01/2019 to 12/31/2019 17.944501 22.925404 42,737.9396
01/01/2020 to 12/31/2020 22.925404 34.073015 33,959.3624
41

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.973107 9.794747 160,761.3695
01/01/2012 to 12/31/2012 9.794747 10.640350 157,412.5810
01/01/2013 to 12/31/2013 10.640350 11.839835 120,951.7250
01/01/2014 to 12/31/2014 11.839835 12.312688 144,777.7746
01/01/2015 to 12/31/2015 12.312688 11.981245 124,055.5361
01/01/2016 to 12/31/2016 11.981245 12.567633 113,272.6210
01/01/2017 to 12/31/2017 12.567633 13.916677 96,180.1976
01/01/2018 to 12/31/2018 13.916677 13.173775 80,458.3852
01/01/2019 to 12/31/2019 13.173775 14.999226 76,665.2869
01/01/2020 to 12/31/2020 14.999226 16.611351 75,049.4742
AQR Global Risk Balanced Sub-Account (Class B)
05/02/2011 to 12/31/2011 10.342099 10.560725 142,853.3565
01/01/2012 to 12/31/2012 10.560725 11.443227 304,446.0416
01/01/2013 to 12/31/2013 11.443227 10.836228 303,066.3340
01/01/2014 to 12/31/2014 10.836228 11.046263 279,450.3029
01/01/2015 to 12/31/2015 11.046263 9.790925 131,694.3313
01/01/2016 to 12/31/2016 9.790925 10.457071 49,803.2437
01/01/2017 to 12/31/2017 10.457071 11.255381 31,305.5838
01/01/2018 to 12/31/2018 11.255381 10.330926 14,899.4677
01/01/2019 to 12/31/2019 10.330926 12.143305 8,675.3399
01/01/2020 to 12/31/2020 12.143305 12.262192 5,829.4113
BlackRock Global Tactical Strategies Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997808 9.529895 439,788.5785
01/01/2012 to 12/31/2012 9.529895 10.193982 638,604.1935
01/01/2013 to 12/31/2013 10.193982 11.022189 675,556.3262
01/01/2014 to 12/31/2014 11.022189 11.443082 652,617.1125
01/01/2015 to 12/31/2015 11.443082 11.204279 262,284.3537
01/01/2016 to 12/31/2016 11.204279 11.469109 84,842.9395
01/01/2017 to 12/31/2017 11.469109 12.738856 47,414.1662
01/01/2018 to 12/31/2018 12.738856 11.588248 41,591.4406
01/01/2019 to 12/31/2019 11.588248 13.701624 21,800.1959
01/01/2020 to 12/31/2020 13.701624 14.008511 21,205.8928
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 19.052533 19.113949 39,238.2582
01/01/2012 to 12/31/2012 19.113949 21.832731 43,762.4795
01/01/2013 to 12/31/2013 21.832731 23.397828 33,670.4191
01/01/2014 to 12/31/2014 23.397828 23.690280 29,652.1359
01/01/2015 to 12/31/2015 23.690280 22.281335 23,167.0778
01/01/2016 to 12/31/2016 22.281335 24.893054 16,681.1612
01/01/2017 to 12/31/2017 24.893054 26.294947 15,586.1006
01/01/2018 to 12/31/2018 26.294947 25.030901 14,909.3365
01/01/2019 to 12/31/2019 25.030901 28.179562 18,113.1082
01/01/2020 to 12/31/2020 28.179562 29.693360 17,585.9242
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.182620 10.328480 276,139.5305
01/01/2012 to 12/31/2012 10.328480 11.817735 207,406.2486
01/01/2013 to 12/31/2013 11.817735 15.001852 273,561.7110
01/01/2014 to 12/31/2014 15.001852 15.453049 266,296.4898
01/01/2015 to 12/31/2015 15.453049 14.842836 252,781.0477
01/01/2016 to 12/31/2016 14.842836 15.855187 194,316.7197
01/01/2017 to 12/31/2017 15.855187 19.106677 190,559.0510
01/01/2018 to 12/31/2018 19.106677 16.841342 169,356.7694
01/01/2019 to 12/31/2019 16.841342 21.044523 153,331.5880
01/01/2020 to 12/31/2020 21.044523 24.527813 148,203.1742
42

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Balanced Plus Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997808 9.345566 284,787.3550
01/01/2012 to 12/31/2012 9.345566 10.360267 563,563.0554
01/01/2013 to 12/31/2013 10.360267 11.613593 780,687.3438
01/01/2014 to 12/31/2014 11.613593 12.481964 844,516.9319
01/01/2015 to 12/31/2015 12.481964 11.734676 532,165.5810
01/01/2016 to 12/31/2016 11.734676 12.464504 289,176.5423
01/01/2017 to 12/31/2017 12.464504 14.458372 116,476.8223
01/01/2018 to 12/31/2018 14.458372 13.127181 65,803.3272
01/01/2019 to 12/31/2019 13.127181 15.899526 28,436.7236
01/01/2020 to 12/31/2020 15.899526 17.535229 26,475.7377
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.849091 15.032126 133,374.9450
01/01/2012 to 12/31/2012 15.032126 17.383033 111,407.4049
01/01/2013 to 12/31/2013 17.383033 22.567656 96,653.9208
01/01/2014 to 12/31/2014 22.567656 22.500211 90,178.5484
01/01/2015 to 12/31/2015 22.500211 20.861784 81,096.0611
01/01/2016 to 12/31/2016 20.861784 26.840175 65,924.6068
01/01/2017 to 12/31/2017 26.840175 29.388304 59,017.1422
01/01/2018 to 12/31/2018 29.388304 24.415213 52,873.1232
01/01/2019 to 12/31/2019 24.415213 30.818626 44,974.6651
01/01/2020 to 12/31/2020 30.818626 30.033778 48,787.4360
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.225625 9.742423 80,238.6192
01/01/2012 to 12/31/2012 9.742423 11.352861 83,820.0858
01/01/2013 to 12/31/2013 11.352861 10.573731 108,734.0835
01/01/2014 to 12/31/2014 10.573731 9.688440 101,393.1515
01/01/2015 to 12/31/2015 9.688440 8.184746 73,664.4063
01/01/2016 to 12/31/2016 8.184746 8.945468 71,134.9677
01/01/2017 to 12/31/2017 8.945468 11.252948 53,550.9815
01/01/2018 to 12/31/2018 11.252948 9.464754 55,714.0238
01/01/2019 to 12/31/2019 9.464754 11.202337 50,082.2669
01/01/2020 to 12/31/2020 11.202337 13.977316 46,203.9696
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.181299 10.180537 10,576.2109
01/01/2012 to 12/31/2012 10.180537 10.709371 7,230.9818
01/01/2013 to 12/31/2013 10.709371 10.900011 17,544.4135
01/01/2014 to 12/31/2014 10.900011 10.762818 17,546.7448
01/01/2015 to 12/31/2015 10.762818 10.461598 19,754.5667
01/01/2016 to 12/31/2016 10.461598 11.204928 17,886.5405
01/01/2017 to 12/31/2017 11.204928 11.387563 6,797.0771
01/01/2018 to 12/31/2018 11.387563 11.195506 5,019.4008
01/01/2019 to 12/31/2019 11.195506 11.745070 4,666.4589
01/01/2020 to 12/31/2020 11.745070 11.749262 2,995.4145
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.987262 9.727420 4,883.0690
01/01/2012 to 12/31/2012 9.727420 9.953100 10,209.3404
01/01/2013 to 12/31/2013 9.953100 9.869255 53,669.6514
01/01/2014 to 12/31/2014 9.869255 9.776157 100,474.4944
01/01/2015 to 12/31/2015 9.776157 9.522921 53,905.6843
01/01/2016 to 12/31/2016 9.522921 9.626843 35,516.3017
01/01/2017 to 12/31/2017 9.626843 9.562397 33,105.1942
01/01/2018 to 12/31/2018 9.562397 9.412933 31,648.2796
01/01/2019 to 12/31/2019 9.412933 9.654289 30,205.7492
01/01/2020 to 12/31/2020 9.654289 9.663529 29,319.9282
43

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.079303 11.801459 7,895.0022
01/01/2012 to 12/31/2012 11.801459 13.219191 9,652.1605
01/01/2013 to 12/31/2013 13.219191 13.091853 10,393.8486
01/01/2014 to 12/31/2014 13.091853 12.978963 5,906.7789
01/01/2015 to 12/31/2015 12.978963 12.192703 5,195.9419
01/01/2016 to 12/31/2016 12.192703 12.055800 3,432.4304
01/01/2017 to 12/31/2017 12.055800 11.834248 3,679.9993
01/01/2018 to 12/31/2018 11.834248 11.714995 3,670.9182
01/01/2019 to 12/31/2019 11.714995 11.617097 4,092.4454
01/01/2020 to 12/31/2020 11.617097 10.713803 4,687.7393
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.701994 12.680858 35,393.5635
01/01/2012 to 12/31/2012 12.680858 15.658693 33,692.3080
01/01/2013 to 12/31/2013 15.658693 15.892811 32,414.9400
01/01/2014 to 12/31/2014 15.892811 17.644963 33,747.7631
01/01/2015 to 12/31/2015 17.644963 17.053132 33,392.7808
01/01/2016 to 12/31/2016 17.053132 16.861610 27,870.6364
01/01/2017 to 12/31/2017 16.861610 18.304718 22,059.7551
01/01/2018 to 12/31/2018 18.304718 16.389116 21,157.0702
01/01/2019 to 12/31/2019 16.389116 20.050337 19,071.4475
01/01/2020 to 12/31/2020 20.050337 18.666141 21,006.7179
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.875459 15.864627 153,377.0704
01/01/2012 to 12/31/2012 15.864627 20.097464 137,552.7367
01/01/2013 to 12/31/2013 20.097464 25.706033 112,691.2592
01/01/2014 to 12/31/2014 25.706033 23.738048 110,531.8797
01/01/2015 to 12/31/2015 23.738048 22.215731 102,835.1288
01/01/2016 to 12/31/2016 22.215731 23.556598 93,462.0023
01/01/2017 to 12/31/2017 23.556598 30.117934 83,039.8830
01/01/2018 to 12/31/2018 30.117934 22.441677 81,141.7276
01/01/2019 to 12/31/2019 22.441677 27.390801 71,394.7217
01/01/2020 to 12/31/2020 27.390801 28.221059 76,694.0016
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010614 1.043676 2,243,297.9862
01/01/2013 to 12/31/2013 1.043676 1.042049 1,905,815.7454
01/01/2014 to 12/31/2014 1.042049 1.078417 1,664,989.3706
01/01/2015 to 12/31/2015 1.078417 1.012611 1,354,705.9571
01/01/2016 to 12/31/2016 1.012611 1.108857 687,356.0596
01/01/2017 to 12/31/2017 1.108857 1.195662 422,420.3829
01/01/2018 to 12/31/2018 1.195662 1.096445 391,285.1690
01/01/2019 to 12/31/2019 1.096445 1.238954 284,153.7156
01/01/2020 to 12/31/2020 1.238954 1.337450 260,053.7667
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.952079 9.610722 54,737.5422
01/01/2012 to 12/31/2012 9.610722 11.155811 44,942.9357
01/01/2013 to 12/31/2013 11.155811 14.804724 49,833.2488
01/01/2014 to 12/31/2014 14.804724 15.862918 55,328.1462
01/01/2015 to 12/31/2015 15.862918 14.620346 38,673.7658
01/01/2016 to 12/31/2016 14.620346 16.809802 27,053.7408
01/01/2017 to 12/31/2017 16.809802 19.447348 25,879.7912
01/01/2018 to 12/31/2018 19.447348 16.743291 23,985.6249
01/01/2019 to 12/31/2019 16.743291 20.507465 22,105.5380
01/01/2020 to 12/31/2020 20.507465 19.998525 22,592.4838
44

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.046688 14.589864 86,408.4722
01/01/2012 to 12/31/2012 14.589864 16.906449 66,035.4277
01/01/2013 to 12/31/2013 16.906449 23.229758 67,340.8909
01/01/2014 to 12/31/2014 23.229758 24.571042 63,452.7423
01/01/2015 to 12/31/2015 24.571042 23.672670 52,488.1228
01/01/2016 to 12/31/2016 23.672670 25.857236 44,004.4188
01/01/2017 to 12/31/2017 25.857236 31.767641 38,911.5634
01/01/2018 to 12/31/2018 31.767641 28.317929 34,791.1555
01/01/2019 to 12/31/2019 28.317929 34.532467 34,193.9005
01/01/2020 to 12/31/2020 34.532467 53.060393 30,996.9995
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.900094 10.326787 53,061.3202
01/01/2014 to 12/31/2014 10.326787 10.637740 41,397.6585
01/01/2015 to 12/31/2015 10.637740 10.477454 44,730.0713
01/01/2016 to 12/31/2016 10.477454 10.499004 40,339.1820
01/01/2017 to 12/31/2017 10.499004 10.632497 31,177.7636
01/01/2018 to 12/31/2018 10.632497 10.423061 28,715.7843
01/01/2019 to 12/31/2019 10.423061 11.055954 17,500.9860
01/01/2020 to 12/31/2020 11.055954 11.691730 16,765.5590
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.190266 10.567275 62,591.7901
01/01/2012 to 12/31/2012 10.567275 10.866096 56,309.3620
01/01/2013 to 04/26/2013 10.866096 10.837429 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012668 1.045714 1,068,439.8878
01/01/2013 to 12/31/2013 1.045714 1.137625 1,492,659.2755
01/01/2014 to 12/31/2014 1.137625 1.192885 1,504,121.7550
01/01/2015 to 12/31/2015 1.192885 1.179720 1,155,114.4562
01/01/2016 to 12/31/2016 1.179720 1.189930 148,770.6369
01/01/2017 to 12/31/2017 1.189930 1.360731 23,251.4158
01/01/2018 to 12/31/2018 1.360731 1.237776 136,240.6325
01/01/2019 to 12/31/2019 1.237776 1.418467 20,166.5065
01/01/2020 to 12/31/2020 1.418467 1.560290 18,820.7131
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996768 1.036108 4,362.6587
01/01/2015 to 12/31/2015 1.036108 1.005600 35,501.8564
01/01/2016 to 12/31/2016 1.005600 1.005353 14,185.6809
01/01/2017 to 12/31/2017 1.005353 1.138138 13,303.5040
01/01/2018 to 04/30/2018 1.138138 1.107748 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.682146 12.247188 43,786.7873
01/01/2012 to 12/31/2012 12.247188 14.035860 48,879.7881
01/01/2013 to 12/31/2013 14.035860 16.114477 37,347.8494
01/01/2014 to 12/31/2014 16.114477 16.343034 31,146.8281
01/01/2015 to 12/31/2015 16.343034 16.216073 12,870.0107
01/01/2016 to 12/31/2016 16.216073 16.654313 18,718.5498
01/01/2017 to 12/31/2017 16.654313 20.075343 18,678.9549
01/01/2018 to 12/31/2018 20.075343 18.615495 16,335.0333
01/01/2019 to 12/31/2019 18.615495 23.269426 19,678.4137
01/01/2020 to 12/31/2020 23.269426 26.180314 18,398.0828
45

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 7.140208 7.226401 190,114.8307
01/01/2012 to 12/31/2012 7.226401 8.393408 156,684.9983
01/01/2013 to 12/31/2013 8.393408 11.979081 130,426.6853
01/01/2014 to 12/31/2014 11.979081 13.960289 146,816.5323
01/01/2015 to 12/31/2015 13.960289 13.131460 133,975.8831
01/01/2016 to 12/31/2016 13.131460 13.216452 125,053.6972
01/01/2017 to 12/31/2017 13.216452 15.340402 118,392.3353
01/01/2018 to 12/31/2018 15.340402 13.973701 102,505.8514
01/01/2019 to 12/31/2019 13.973701 16.925279 93,839.0580
01/01/2020 to 12/31/2020 16.925279 21.936052 80,410.2909
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 130.815922 118.555404 1,862.4532
01/01/2012 to 12/31/2012 118.555404 142.358799 1,492.4796
01/01/2013 to 12/31/2013 142.358799 179.708439 2,138.3879
01/01/2014 to 04/25/2014 179.708439 186.778347 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.472926 6.869278 0.0000
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 1.076581 1.121167 210,186.3422
01/01/2014 to 12/31/2014 1.121167 1.200742 210,510.6459
01/01/2015 to 12/31/2015 1.200742 1.162701 216,259.2299
01/01/2016 to 12/31/2016 1.162701 1.189386 205,643.9244
01/01/2017 to 12/31/2017 1.189386 1.347123 25,854.4987
01/01/2018 to 12/31/2018 1.347123 1.225433 20,315.4042
01/01/2019 to 12/31/2019 1.225433 1.461955 18,336.4032
01/01/2020 to 12/31/2020 1.461955 1.526902 16,385.7138
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.709977 11.999062 155,818.0446
01/01/2012 to 12/31/2012 11.999062 13.725179 140,309.4254
01/01/2013 to 12/31/2013 13.725179 16.044248 123,705.2784
01/01/2014 to 12/31/2014 16.044248 14.633569 120,795.1618
01/01/2015 to 12/31/2015 14.633569 14.089329 116,331.5925
01/01/2016 to 12/31/2016 14.089329 13.689444 104,289.0759
01/01/2017 to 12/31/2017 13.689444 17.197350 93,716.5525
01/01/2018 to 12/31/2018 17.197350 14.495806 86,717.9696
01/01/2019 to 12/31/2019 14.495806 18.231938 86,116.5785
01/01/2020 to 12/31/2020 18.231938 20.196062 82,657.4140
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999726 1.031307 0.0000
01/01/2015 to 12/31/2015 1.031307 0.955516 2,239.2837
01/01/2016 to 12/31/2016 0.955516 1.040778 69,411.1173
01/01/2017 to 12/31/2017 1.040778 1.148754 2,784.8872
01/01/2018 to 12/31/2018 1.148754 1.040403 732.3921
01/01/2019 to 12/31/2019 1.040403 1.244102 651.9794
01/01/2020 to 12/31/2020 1.244102 1.363881 672.3504
46

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.156218 14.333217 210,296.9444
01/01/2012 to 12/31/2012 14.333217 15.330776 194,274.1368
01/01/2013 to 12/31/2013 15.330776 13.633363 182,431.8355
01/01/2014 to 12/31/2014 13.633363 13.750023 161,191.5754
01/01/2015 to 12/31/2015 13.750023 13.058558 141,691.2399
01/01/2016 to 12/31/2016 13.058558 13.437930 124,568.2504
01/01/2017 to 12/31/2017 13.437930 13.629351 112,295.4763
01/01/2018 to 12/31/2018 13.629351 13.036187 102,936.7466
01/01/2019 to 12/31/2019 13.036187 13.834869 96,531.4381
01/01/2020 to 12/31/2020 13.834869 15.125389 91,173.9371
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.480609 15.655875 435,941.5562
01/01/2012 to 12/31/2012 15.655875 16.766859 514,514.9173
01/01/2013 to 12/31/2013 16.766859 16.120048 407,703.7799
01/01/2014 to 12/31/2014 16.120048 16.463206 293,402.2909
01/01/2015 to 12/31/2015 16.463206 16.138017 286,094.5284
01/01/2016 to 12/31/2016 16.138017 16.231292 221,233.1801
01/01/2017 to 12/31/2017 16.231292 16.626854 215,894.6064
01/01/2018 to 12/31/2018 16.626854 16.258376 234,047.8731
01/01/2019 to 12/31/2019 16.258376 17.284969 205,468.2136
01/01/2020 to 12/31/2020 17.284969 18.384158 203,892.0054
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.214422 10.708064 6,590.1681
01/01/2014 to 12/31/2014 10.708064 11.402998 16,350.7947
01/01/2015 to 12/31/2015 11.402998 11.037322 35,191.2950
01/01/2016 to 12/31/2016 11.037322 11.312749 30,165.4224
01/01/2017 to 12/31/2017 11.312749 12.915986 27,174.1849
01/01/2018 to 04/30/2018 12.915986 12.328913 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010646 1.063752 249,997.5196
01/01/2013 to 12/31/2013 1.063752 1.148116 447,933.8355
01/01/2014 to 12/31/2014 1.148116 1.212477 459,622.2485
01/01/2015 to 12/31/2015 1.212477 1.178020 608,564.7109
01/01/2016 to 12/31/2016 1.178020 1.219972 434,381.0831
01/01/2017 to 12/31/2017 1.219972 1.366846 232,739.6569
01/01/2018 to 12/31/2018 1.366846 1.213383 430,134.7054
01/01/2019 to 12/31/2019 1.213383 1.444980 356,164.8708
01/01/2020 to 12/31/2020 1.444980 1.446140 297,237.0705
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.320128 11.214183 142,129.8846
01/01/2012 to 12/31/2012 11.214183 12.402856 142,936.0373
01/01/2013 to 12/31/2013 12.402856 13.729403 113,842.0382
01/01/2014 to 12/31/2014 13.729403 14.239676 142,399.0612
01/01/2015 to 12/31/2015 14.239676 13.683672 135,433.2533
01/01/2016 to 12/31/2016 13.683672 14.188541 112,267.0133
01/01/2017 to 12/31/2017 14.188541 16.114228 113,583.7396
01/01/2018 to 12/31/2018 16.114228 14.763661 110,040.9394
01/01/2019 to 12/31/2019 14.763661 17.309068 103,224.3402
01/01/2020 to 12/31/2020 17.309068 18.632691 95,006.6040
47

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.911342 10.467993 78,206.6207
01/01/2012 to 12/31/2012 10.467993 11.801962 68,920.0507
01/01/2013 to 12/31/2013 11.801962 13.658977 41,348.6574
01/01/2014 to 12/31/2014 13.658977 14.108671 41,213.9983
01/01/2015 to 12/31/2015 14.108671 13.509671 55,051.4476
01/01/2016 to 12/31/2016 13.509671 14.153182 37,483.9769
01/01/2017 to 12/31/2017 14.153182 16.598046 38,562.6387
01/01/2018 to 12/31/2018 16.598046 14.844588 37,839.8023
01/01/2019 to 12/31/2019 14.844588 17.816338 37,158.4864
01/01/2020 to 12/31/2020 17.816338 19.339694 36,636.0604
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 46.329072 43.592251 66,198.4369
01/01/2012 to 12/31/2012 43.592251 50.405995 56,179.8070
01/01/2013 to 12/31/2013 50.405995 66.096200 51,489.0908
01/01/2014 to 12/31/2014 66.096200 73.391587 47,505.3358
01/01/2015 to 12/31/2015 73.391587 69.358545 48,382.4819
01/01/2016 to 12/31/2016 69.358545 78.824746 40,328.0274
01/01/2017 to 12/31/2017 78.824746 90.364239 37,777.3020
01/01/2018 to 12/31/2018 90.364239 80.453408 32,120.5838
01/01/2019 to 12/31/2019 80.453408 99.771563 28,625.5212
01/01/2020 to 12/31/2020 99.771563 100.596591 29,617.6958
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.904407 9.548701 174,661.9512
01/01/2012 to 12/31/2012 9.548701 10.639199 143,972.8208
01/01/2013 to 12/31/2013 10.639199 14.243294 125,542.0092
01/01/2014 to 12/31/2014 14.243294 15.744764 109,976.9307
01/01/2015 to 12/31/2015 15.744764 16.462923 109,706.1245
01/01/2016 to 12/31/2016 16.462923 17.139966 91,454.5002
01/01/2017 to 12/31/2017 17.139966 20.958873 72,778.0844
01/01/2018 to 12/31/2018 20.958873 20.091377 60,312.1202
01/01/2019 to 12/31/2019 20.091377 25.812003 53,533.2167
01/01/2020 to 12/31/2020 25.812003 31.350487 50,328.9517
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 23.652908 22.328001 11,002.8978
01/01/2012 to 12/31/2012 22.328001 25.099946 8,603.8315
01/01/2013 to 12/31/2013 25.099946 32.059103 5,221.9113
01/01/2014 to 12/31/2014 32.059103 34.454617 4,901.7178
01/01/2015 to 12/31/2015 34.454617 30.739029 5,996.3463
01/01/2016 to 12/31/2016 30.739029 34.801823 4,915.7871
01/01/2017 to 12/31/2017 34.801823 37.347005 6,546.8669
01/01/2018 to 12/31/2018 37.347005 32.889080 4,430.1309
01/01/2019 to 12/31/2019 32.889080 41.582078 4,105.2659
01/01/2020 to 12/31/2020 41.582078 43.869931 4,390.8603
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.913554 13.698773 50,527.5531
01/01/2012 to 12/31/2012 13.698773 15.858708 46,189.3230
01/01/2013 to 12/31/2013 15.858708 20.620246 51,137.5401
01/01/2014 to 12/31/2014 20.620246 22.885769 45,476.6088
01/01/2015 to 12/31/2015 22.885769 20.386935 39,364.7900
01/01/2016 to 12/31/2016 20.386935 22.617726 23,888.7328
01/01/2017 to 12/31/2017 22.617726 24.563414 24,373.4660
01/01/2018 to 12/31/2018 24.563414 20.874495 22,409.4474
01/01/2019 to 12/31/2019 20.874495 27.731510 18,917.1305
01/01/2020 to 12/31/2020 27.731510 27.918779 19,411.7602
48

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
05/02/2011 to 12/31/2011 9.997808 10.712070 42,077.9559
01/01/2012 to 12/31/2012 10.712070 10.829490 210,786.9573
01/01/2013 to 12/31/2013 10.829490 10.135290 70,926.4617
01/01/2014 to 12/31/2014 10.135290 10.685330 81,080.9306
01/01/2015 to 12/31/2015 10.685330 10.518788 27,351.6464
01/01/2016 to 12/31/2016 10.518788 10.446326 7,933.0756
01/01/2017 to 12/31/2017 10.446326 10.506265 2,077.4023
01/01/2018 to 12/31/2018 10.506265 10.290410 2,694.4625
01/01/2019 to 12/31/2019 10.290410 10.842507 2,635.9677
01/01/2020 to 12/31/2020 10.842507 11.443113 4,763.2576
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 8.884348 9.710339 70,430.6812
01/01/2014 to 12/31/2014 9.710339 9.199817 65,734.3324
01/01/2015 to 12/31/2015 9.199817 8.821930 59,381.0833
01/01/2016 to 12/31/2016 8.821930 9.084006 49,796.6989
01/01/2017 to 12/31/2017 9.084006 12.011522 48,537.4247
01/01/2018 to 12/31/2018 12.011522 9.748421 48,533.5006
01/01/2019 to 12/31/2019 9.748421 12.651989 44,031.8152
01/01/2020 to 12/31/2020 12.651989 15.657311 39,242.0257
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.828474 7.417695 124,218.1825
01/01/2012 to 12/31/2012 7.417695 8.538152 100,942.2422
01/01/2013 to 04/26/2013 8.538152 8.838384 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.997974 9.800529 353,661.5697
01/01/2012 to 12/31/2012 9.800529 9.605404 256,780.3561
01/01/2013 to 12/31/2013 9.605404 9.415196 306,490.8556
01/01/2014 to 12/31/2014 9.415196 9.228755 227,144.6102
01/01/2015 to 12/31/2015 9.228755 9.046005 185,756.7374
01/01/2016 to 12/31/2016 9.046005 8.876818 197,434.3981
01/01/2017 to 12/31/2017 8.876818 8.756739 215,143.3986
01/01/2018 to 12/31/2018 8.756739 8.715336 174,191.9944
01/01/2019 to 12/31/2019 8.715336 8.703204 206,582.4916
01/01/2020 to 12/31/2020 8.703204 8.546787 173,163.7091
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.212265 13.419411 7,448.7575
01/01/2015 to 12/31/2015 13.419411 13.076654 7,340.6520
01/01/2016 to 12/31/2016 13.076654 13.398381 114,255.0471
01/01/2017 to 12/31/2017 13.398381 14.044290 37,284.7753
01/01/2018 to 12/31/2018 14.044290 13.405260 35,269.1889
01/01/2019 to 12/31/2019 13.405260 14.681969 33,380.3454
01/01/2020 to 12/31/2020 14.681969 15.760031 31,660.9124
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.648442 11.621002 790,999.0512
01/01/2012 to 12/31/2012 11.621002 12.632521 759,208.3008
01/01/2013 to 12/31/2013 12.632521 13.506656 619,030.6362
01/01/2014 to 04/25/2014 13.506656 13.592058 0.0000
49

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.710789 11.465977 1,130,006.3195
01/01/2012 to 12/31/2012 11.465977 12.630638 1,000,943.8708
01/01/2013 to 12/31/2013 12.630638 14.141787 954,534.5793
01/01/2014 to 04/25/2014 14.141787 14.177574 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.785032 14.113353 1,383,079.3058
01/01/2015 to 12/31/2015 14.113353 13.685385 1,185,591.3806
01/01/2016 to 12/31/2016 13.685385 14.231049 1,077,601.9221
01/01/2017 to 12/31/2017 14.231049 15.434650 1,045,929.4395
01/01/2018 to 12/31/2018 15.434650 14.461571 825,825.7482
01/01/2019 to 12/31/2019 14.461571 16.385994 691,290.5587
01/01/2020 to 12/31/2020 16.385994 17.833478 673,327.3814
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.497127 11.078030 2,612,876.3300
01/01/2012 to 12/31/2012 11.078030 12.370158 2,410,681.6755
01/01/2013 to 12/31/2013 12.370158 14.479841 2,282,113.0024
01/01/2014 to 04/25/2014 14.479841 14.472797 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.176158 14.623774 2,280,380.2540
01/01/2015 to 12/31/2015 14.623774 14.152446 2,088,537.4734
01/01/2016 to 12/31/2016 14.152446 14.857881 1,858,030.3713
01/01/2017 to 12/31/2017 14.857881 16.710077 1,770,328.6245
01/01/2018 to 12/31/2018 16.710077 15.374277 1,577,293.4405
01/01/2019 to 12/31/2019 15.374277 17.996961 1,467,403.3437
01/01/2020 to 12/31/2020 17.996961 20.082840 1,390,181.6991
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.386377 10.729021 2,561,984.4133
01/01/2012 to 12/31/2012 10.729021 12.168568 2,321,679.1872
01/01/2013 to 12/31/2013 12.168568 15.018680 2,244,263.2526
01/01/2014 to 04/25/2014 15.018680 14.929731 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.520666 9.168219 96,298.1406
01/01/2012 to 12/31/2012 9.168219 10.434630 103,874.1022
01/01/2013 to 04/26/2013 10.434630 11.212040 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.150559 14.681590 2,224,901.3653
01/01/2015 to 12/31/2015 14.681590 14.146749 1,975,363.1287
01/01/2016 to 12/31/2016 14.146749 14.995487 1,740,728.3371
01/01/2017 to 12/31/2017 14.995487 17.516061 1,486,860.6909
01/01/2018 to 12/31/2018 17.516061 15.774607 1,354,499.7206
01/01/2019 to 12/31/2019 15.774607 19.131164 1,184,055.2931
01/01/2020 to 12/31/2020 19.131164 21.863174 1,039,835.5930
50

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.109090 13.684065 151,523.0440
01/01/2012 to 12/31/2012 13.684065 14.964991 133,137.8532
01/01/2013 to 12/31/2013 14.964991 20.024233 118,299.9315
01/01/2014 to 12/31/2014 20.024233 19.956237 107,556.2823
01/01/2015 to 12/31/2015 19.956237 17.670441 96,547.4740
01/01/2016 to 12/31/2016 17.670441 21.244050 81,999.4736
01/01/2017 to 12/31/2017 21.244050 23.435877 73,417.5230
01/01/2018 to 12/31/2018 23.435877 19.887224 58,618.6912
01/01/2019 to 12/31/2019 19.887224 24.062510 57,736.7332
01/01/2020 to 12/31/2020 24.062510 24.995254 61,599.7466
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 17.020935 13.972768 18,798.5969
01/01/2012 to 12/31/2012 13.972768 16.146662 18,416.5797
01/01/2013 to 12/31/2013 16.146662 20.195652 20,278.2165
01/01/2014 to 12/31/2014 20.195652 18.470447 19,196.9360
01/01/2015 to 12/31/2015 18.470447 19.146637 16,539.5743
01/01/2016 to 12/31/2016 19.146637 19.861002 15,673.8717
01/01/2017 to 12/31/2017 19.861002 25.396632 20,318.2070
01/01/2018 to 12/31/2018 25.396632 19.772583 16,729.1555
01/01/2019 to 12/31/2019 19.772583 23.845468 16,954.7972
01/01/2020 to 12/31/2020 23.845468 25.426654 16,970.4093
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 21.165710 21.457889 8,450.5416
01/01/2017 to 12/31/2017 21.457889 24.990651 3,454.0511
01/01/2018 to 12/31/2018 24.990651 24.406569 2,326.1400
01/01/2019 to 12/31/2019 24.406569 31.254485 2,200.7719
01/01/2020 to 12/31/2020 31.254485 33.995010 2,136.9409
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 16.965327 15.819821 5,343.8534
01/01/2012 to 12/31/2012 15.819821 17.113970 5,570.5964
01/01/2013 to 12/31/2013 17.113970 22.262962 5,475.5562
01/01/2014 to 12/31/2014 22.262962 24.207638 4,767.2722
01/01/2015 to 12/31/2015 24.207638 23.668803 2,520.5119
01/01/2016 to 04/29/2016 23.668803 23.769663 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 12.156371 11.418134 237,947.2766
01/01/2012 to 12/31/2012 11.418134 12.612316 225,327.0336
01/01/2013 to 12/31/2013 12.612316 16.507681 187,910.8734
01/01/2014 to 12/31/2014 16.507681 17.871146 158,952.0269
01/01/2015 to 12/31/2015 17.871146 17.914314 140,812.4893
01/01/2016 to 12/31/2016 17.914314 18.815512 119,508.1886
01/01/2017 to 12/31/2017 18.815512 21.933618 108,457.8576
01/01/2018 to 12/31/2018 21.933618 21.443291 96,187.6730
01/01/2019 to 12/31/2019 21.443291 27.486493 81,980.9291
01/01/2020 to 12/31/2020 27.486493 29.925823 79,848.0843
51

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 14.231304 16.896737 41,006.0062
01/01/2014 to 12/31/2014 16.896737 18.363440 33,979.0747
01/01/2015 to 12/31/2015 18.363440 18.468554 27,468.1934
01/01/2016 to 12/31/2016 18.468554 19.036542 25,475.8401
01/01/2017 to 12/31/2017 19.036542 23.313826 23,590.4933
01/01/2018 to 12/31/2018 23.313826 21.501143 20,594.7185
01/01/2019 to 12/31/2019 21.501143 27.996273 19,912.2882
01/01/2020 to 12/31/2020 27.996273 36.052827 18,873.8746
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 13.930018 12.635321 44,498.0392
01/01/2012 to 12/31/2012 12.635321 13.129269 40,276.2735
01/01/2013 to 04/26/2013 13.129269 14.140083 0.0000
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.689801 11.484204 117,693.8871
01/01/2012 to 12/31/2012 11.484204 13.006730 232,756.1783
01/01/2013 to 12/31/2013 13.006730 17.432343 195,695.2140
01/01/2014 to 12/31/2014 17.432343 18.581147 170,947.1734
01/01/2015 to 12/31/2015 18.581147 20.132816 155,500.8720
01/01/2016 to 12/31/2016 20.132816 19.708546 133,446.3067
01/01/2017 to 12/31/2017 19.708546 26.465575 114,607.5705
01/01/2018 to 12/31/2018 26.465575 25.968083 90,931.4715
01/01/2019 to 12/31/2019 25.968083 33.725220 88,192.7130
01/01/2020 to 12/31/2020 33.725220 51.692147 78,274.7628
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.773042 7.326859 12,919.3311
01/01/2012 to 12/31/2012 7.326859 8.091096 13,112.3347
01/01/2013 to 04/26/2013 8.091096 8.678653 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.946640 7.682062 211,021.0626
01/01/2012 to 04/27/2012 7.682062 8.625430 0.0000
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 14.454054 15.181713 21,551.0934
01/01/2012 to 12/31/2012 15.181713 15.412671 26,156.9501
01/01/2013 to 12/31/2013 15.412671 14.719144 45,947.8038
01/01/2014 to 12/31/2014 14.719144 15.215418 50,125.8692
01/01/2015 to 12/31/2015 15.215418 14.905720 21,732.0985
01/01/2016 to 12/31/2016 14.905720 14.915416 27,432.1086
01/01/2017 to 12/31/2017 14.915416 15.050373 14,753.4603
01/01/2018 to 12/31/2018 15.050373 14.678290 5,979.6236
01/01/2019 to 12/31/2019 14.678290 15.588008 5,973.9087
01/01/2020 to 12/31/2020 15.588008 16.331068 6,132.6414
52

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.103205 15.431453 8,737.9989
01/01/2012 to 12/31/2012 15.431453 17.735810 9,103.6799
01/01/2013 to 12/31/2013 17.735810 23.078772 11,428.6787
01/01/2014 to 12/31/2014 23.078772 24.705760 16,055.4973
01/01/2015 to 12/31/2015 24.705760 23.568130 13,133.9490
01/01/2016 to 12/31/2016 23.568130 27.740938 16,462.9163
01/01/2017 to 12/31/2017 27.740938 31.436176 12,769.3340
01/01/2018 to 12/31/2018 31.436176 27.247011 11,842.1868
01/01/2019 to 12/31/2019 27.247011 33.528495 13,289.0975
01/01/2020 to 12/31/2020 33.528495 37.157365 13,406.5360
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 11.748533 10.059120 13,837.1629
01/01/2012 to 12/31/2012 10.059120 11.627628 41,795.9400
01/01/2013 to 12/31/2013 11.627628 13.840718 63,686.4443
01/01/2014 to 12/31/2014 13.840718 12.707763 84,447.8878
01/01/2015 to 12/31/2015 12.707763 12.292815 70,249.5635
01/01/2016 to 12/31/2016 12.292815 12.166117 71,603.9066
01/01/2017 to 12/31/2017 12.166117 14.853060 62,837.2301
01/01/2018 to 12/31/2018 14.853060 12.501271 63,997.7165
01/01/2019 to 12/31/2019 12.501271 14.897797 64,034.5145
01/01/2020 to 12/31/2020 14.897797 15.699667 64,722.2322
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.334612 15.318802 6,962.3082
01/01/2012 to 12/31/2012 15.318802 17.407992 19,470.1013
01/01/2013 to 12/31/2013 17.407992 23.568232 18,144.2558
01/01/2014 to 12/31/2014 23.568232 24.194236 22,161.1642
01/01/2015 to 12/31/2015 24.194236 22.639276 25,107.7575
01/01/2016 to 12/31/2016 22.639276 26.834643 20,658.8388
01/01/2017 to 12/31/2017 26.834643 30.066072 20,560.1592
01/01/2018 to 12/31/2018 30.066072 26.165105 19,306.6662
01/01/2019 to 12/31/2019 26.165105 32.110726 19,234.8361
01/01/2020 to 12/31/2020 32.110726 37.534678 19,028.7509
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.287000 11.244884 138,809.6956
01/01/2012 to 12/31/2012 11.244884 12.721523 127,440.0432
01/01/2013 to 12/31/2013 12.721523 16.422447 98,374.5096
01/01/2014 to 12/31/2014 16.422447 18.205823 111,842.4120
01/01/2015 to 12/31/2015 18.205823 18.008300 105,245.4968
01/01/2016 to 12/31/2016 18.008300 19.660973 102,692.5210
01/01/2017 to 12/31/2017 19.660973 23.364827 89,680.7771
01/01/2018 to 12/31/2018 23.364827 21.793247 81,707.4987
01/01/2019 to 12/31/2019 21.793247 27.941352 73,147.3787
01/01/2020 to 12/31/2020 27.941352 32.268600 71,456.7310
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 17.292937 20.124260 16,227.7905
01/01/2014 to 12/31/2014 20.124260 21.809215 14,860.6160
01/01/2015 to 12/31/2015 21.809215 21.299429 12,708.7980
01/01/2016 to 12/31/2016 21.299429 23.820530 12,825.8254
01/01/2017 to 12/31/2017 23.820530 27.455727 10,324.5967
01/01/2018 to 12/31/2018 27.455727 24.153086 9,662.9478
01/01/2019 to 12/31/2019 24.153086 30.740780 12,227.2224
01/01/2020 to 12/31/2020 30.740780 31.232245 11,976.0994
53

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.756087 8.536112 46,435.1987
01/01/2012 to 12/31/2012 8.536112 9.530503 42,994.9385
01/01/2013 to 04/26/2013 9.530503 10.419926 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 15.399773 19.153339 35,689.0966
01/01/2014 to 12/31/2014 19.153339 18.717626 33,947.8162
01/01/2015 to 12/31/2015 18.717626 18.416698 32,163.7668
01/01/2016 to 12/31/2016 18.416698 21.372618 31,119.9444
01/01/2017 to 12/31/2017 21.372618 24.195479 26,011.4351
01/01/2018 to 12/31/2018 24.195479 22.057065 19,880.9529
01/01/2019 to 12/31/2019 22.057065 27.978113 15,531.2711
01/01/2020 to 12/31/2020 27.978113 34.212492 14,400.3317
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.749193 13.694886 44,521.2935
01/01/2012 to 12/31/2012 13.694886 14.131751 42,520.8527
01/01/2013 to 04/26/2013 14.131751 15.293514 0.0000
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 6.659429 8.374812 116,665.5273
01/01/2014 to 12/31/2014 8.374812 8.933499 121,015.8009
01/01/2015 to 12/31/2015 8.933499 9.677157 113,096.2770
01/01/2016 to 12/31/2016 9.677157 9.630836 96,258.4023
01/01/2017 to 12/31/2017 9.630836 12.601154 96,244.8971
01/01/2018 to 12/31/2018 12.601154 12.207684 79,979.5933
01/01/2019 to 12/31/2019 12.207684 15.626369 66,297.0272
01/01/2020 to 12/31/2020 15.626369 20.928379 65,880.6401
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.540548 5.776871 192,681.6665
01/01/2012 to 12/31/2012 5.776871 6.348021 140,800.0173
01/01/2013 to 04/26/2013 6.348021 6.625610 0.0000
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.570599 15.168094 18,289.6148
01/01/2012 to 12/31/2012 15.168094 15.249441 18,738.2775
01/01/2013 to 12/31/2013 15.249441 16.555054 16,740.3359
01/01/2014 to 12/31/2014 16.555054 13.172463 12,544.0244
01/01/2015 to 12/31/2015 13.172463 8.681792 16,948.4068
01/01/2016 to 12/31/2016 8.681792 12.232179 16,279.4266
01/01/2017 to 12/31/2017 12.232179 11.901800 13,376.3075
01/01/2018 to 12/31/2018 11.901800 8.299067 14,303.9332
01/01/2019 to 12/31/2019 8.299067 9.139389 17,343.7303
01/01/2020 to 12/31/2020 9.139389 10.855088 17,438.0800
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 26.359651 27.232199 67,476.8499
01/01/2017 to 12/31/2017 27.232199 28.812009 63,696.3165
01/01/2018 to 12/31/2018 28.812009 27.102012 54,581.0142
01/01/2019 to 12/31/2019 27.102012 30.346812 51,495.1584
01/01/2020 to 12/31/2020 30.346812 31.711357 50,740.6314
54

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.00% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 22.153767 22.684442 94,769.6247
01/01/2012 to 12/31/2012 22.684442 25.111551 105,701.3871
01/01/2013 to 12/31/2013 25.111551 26.578323 95,399.7473
01/01/2014 to 12/31/2014 26.578323 27.310111 91,365.8732
01/01/2015 to 12/31/2015 27.310111 26.187211 75,881.7689
01/01/2016 to 04/29/2016 26.187211 26.929963 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 26.897886 27.812591 1,925.5391
01/01/2017 to 12/31/2017 27.812591 29.440469 500.8197
01/01/2018 to 12/31/2018 29.440469 27.724464 522.2416
01/01/2019 to 12/31/2019 27.724464 31.060905 520.3474
01/01/2020 to 12/31/2020 31.060905 32.506322 555.3639
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 12.231830 12.404789 7,808.6825
01/01/2012 to 12/31/2012 12.404789 13.550610 11,158.6736
01/01/2013 to 12/31/2013 13.550610 13.469683 11,751.9006
01/01/2014 to 12/31/2014 13.469683 13.789535 8,249.4810
01/01/2015 to 12/31/2015 13.789535 13.319489 5,805.4479
01/01/2016 to 04/29/2016 13.319489 13.622882 0.0000
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.769877 16.272444 26,629.4090
01/01/2012 to 12/31/2012 16.272444 16.434607 22,200.0728
01/01/2013 to 12/31/2013 16.434607 15.963339 17,537.0111
01/01/2014 to 12/31/2014 15.963339 16.046265 17,497.0331
01/01/2015 to 12/31/2015 16.046265 15.776812 16,698.1632
01/01/2016 to 12/31/2016 15.776812 15.622346 16,142.1959
01/01/2017 to 12/31/2017 15.622346 15.570494 3,555.3319
01/01/2018 to 12/31/2018 15.570494 15.366957 2,869.8464
01/01/2019 to 12/31/2019 15.366957 15.933309 2,936.7773
01/01/2020 to 12/31/2020 15.933309 16.384052 2,973.9894
55

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997699 9.690198 79,318.1445
01/01/2012 to 12/31/2012 9.690198 10.444693 106,892.7932
01/01/2013 to 12/31/2013 10.444693 11.367647 30,374.1912
01/01/2014 to 12/31/2014 11.367647 11.949379 30,200.5251
01/01/2015 to 12/31/2015 11.949379 11.768823 30,283.0570
01/01/2016 to 12/31/2016 11.768823 11.938678 29,258.6683
01/01/2017 to 12/31/2017 11.938678 13.283440 4,843.2125
01/01/2018 to 12/31/2018 13.283440 12.099348 32,449.6128
01/01/2019 to 12/31/2019 12.099348 13.989397 25,830.3842
01/01/2020 to 12/31/2020 13.989397 14.531586 2,413.4816
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.705506 9.302038 431,129.1721
01/01/2012 to 12/31/2012 9.302038 10.339948 260,695.5467
01/01/2013 to 12/31/2013 10.339948 12.001527 160,262.6838
01/01/2014 to 12/31/2014 12.001527 12.463023 1,126,244.0495
01/01/2015 to 12/31/2015 12.463023 12.117900 205,751.8586
01/01/2016 to 12/31/2016 12.117900 12.792815 136,763.6136
01/01/2017 to 12/31/2017 12.792815 14.639506 163,186.0803
01/01/2018 to 12/31/2018 14.639506 13.715560 155,910.9227
01/01/2019 to 12/31/2019 13.715560 16.053063 149,164.3814
01/01/2020 to 12/31/2020 16.053063 18.165978 146,173.0364
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.231609 8.612281 125,319.3506
01/01/2012 to 12/31/2012 8.612281 9.794980 106,666.9802
01/01/2013 to 12/31/2013 9.794980 11.999741 101,726.0689
01/01/2014 to 12/31/2014 11.999741 12.500948 96,927.2614
01/01/2015 to 12/31/2015 12.500948 12.148623 111,482.1601
01/01/2016 to 12/31/2016 12.148623 12.961923 117,548.0517
01/01/2017 to 12/31/2017 12.961923 15.402915 112,873.2928
01/01/2018 to 12/31/2018 15.402915 14.210958 179,686.9107
01/01/2019 to 12/31/2019 14.210958 17.204807 74,669.9585
01/01/2020 to 12/31/2020 17.204807 19.697720 66,836.1690
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.032619 8.438265 14,675.7223
01/01/2012 to 12/31/2012 8.438265 9.700646 13,363.1726
01/01/2013 to 12/31/2013 9.700646 12.328480 12,907.9408
01/01/2014 to 12/31/2014 12.328480 13.060226 21,060.1367
01/01/2015 to 12/31/2015 13.060226 13.618986 46,267.2611
01/01/2016 to 12/31/2016 13.618986 14.549476 45,694.4333
01/01/2017 to 12/31/2017 14.549476 18.223472 81,152.2465
01/01/2018 to 12/31/2018 18.223472 17.753597 78,071.4152
01/01/2019 to 12/31/2019 17.753597 22.658844 76,455.8591
01/01/2020 to 12/31/2020 22.658844 33.643129 70,110.0748
56

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.946333 9.758710 148,406.4054
01/01/2012 to 12/31/2012 9.758710 10.590550 122,870.0553
01/01/2013 to 12/31/2013 10.590550 11.772645 142,225.3815
01/01/2014 to 12/31/2014 11.772645 12.230577 157,972.0390
01/01/2015 to 12/31/2015 12.230577 11.889444 111,237.9746
01/01/2016 to 12/31/2016 11.889444 12.458875 63,808.9429
01/01/2017 to 12/31/2017 12.458875 13.782497 71,254.8632
01/01/2018 to 12/31/2018 13.782497 13.033640 59,989.3327
01/01/2019 to 12/31/2019 13.033640 14.824843 52,943.4437
01/01/2020 to 12/31/2020 14.824843 16.401771 88,062.7967
AQR Global Risk Balanced Sub-Account (Class B)
05/02/2011 to 12/31/2011 10.341705 10.553323 0.0000
01/01/2012 to 12/31/2012 10.553323 11.423719 33,767.7030
01/01/2013 to 12/31/2013 11.423719 10.806938 33,284.7583
01/01/2014 to 12/31/2014 10.806938 11.005391 25,621.7556
01/01/2015 to 12/31/2015 11.005391 9.744938 27,594.3094
01/01/2016 to 12/31/2016 9.744938 10.397554 27,206.0395
01/01/2017 to 12/31/2017 10.397554 11.180168 4,748.1491
01/01/2018 to 12/31/2018 11.180168 10.251570 1,226.3046
01/01/2019 to 12/31/2019 10.251570 12.037986 1,134.9477
01/01/2020 to 12/31/2020 12.037986 12.143656 5,941.3579
BlackRock Global Tactical Strategies Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997699 9.523469 0.0000
01/01/2012 to 12/31/2012 9.523469 10.176874 48,601.4066
01/01/2013 to 12/31/2013 10.176874 10.992694 59,159.7044
01/01/2014 to 12/31/2014 10.992694 11.401052 52,939.3912
01/01/2015 to 12/31/2015 11.401052 11.151963 53,749.1555
01/01/2016 to 12/31/2016 11.151963 11.404147 50,321.4375
01/01/2017 to 12/31/2017 11.404147 12.654080 23,816.5748
01/01/2018 to 12/31/2018 12.654080 11.499554 14,703.3228
01/01/2019 to 12/31/2019 11.499554 13.583166 13,231.6121
01/01/2020 to 12/31/2020 13.583166 13.873479 9,566.3602
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.781187 18.822943 82,334.5474
01/01/2012 to 12/31/2012 18.822943 21.478734 73,538.7017
01/01/2013 to 12/31/2013 21.478734 22.995450 41,131.9512
01/01/2014 to 12/31/2014 22.995450 23.259599 22,387.3208
01/01/2015 to 12/31/2015 23.259599 21.854392 21,012.3829
01/01/2016 to 12/31/2016 21.854392 24.391670 39,212.0462
01/01/2017 to 12/31/2017 24.391670 25.739648 33,576.7357
01/01/2018 to 12/31/2018 25.739648 24.477665 18,262.6577
01/01/2019 to 12/31/2019 24.477665 27.529200 39,858.8715
01/01/2020 to 12/31/2020 27.529200 28.978985 39,210.6138
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.113903 10.254766 257,189.9383
01/01/2012 to 12/31/2012 10.254766 11.721605 334,644.9807
01/01/2013 to 12/31/2013 11.721605 14.864957 354,908.6859
01/01/2014 to 12/31/2014 14.864957 15.296727 369,468.7939
01/01/2015 to 12/31/2015 15.296727 14.677993 356,384.7307
01/01/2016 to 12/31/2016 14.677993 15.663430 339,785.7285
01/01/2017 to 12/31/2017 15.663430 18.856794 324,397.2473
01/01/2018 to 12/31/2018 18.856794 16.604365 217,869.5979
01/01/2019 to 12/31/2019 16.604365 20.727666 209,110.9992
01/01/2020 to 12/31/2020 20.727666 24.134300 208,536.1863
57

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Balanced Plus Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997699 9.339265 0.0000
01/01/2012 to 12/31/2012 9.339265 10.342882 153,980.3001
01/01/2013 to 12/31/2013 10.342882 11.582518 387,604.8400
01/01/2014 to 12/31/2014 11.582518 12.436122 626,866.5592
01/01/2015 to 12/31/2015 12.436122 11.679888 808,993.1631
01/01/2016 to 12/31/2016 11.679888 12.393911 721,847.2452
01/01/2017 to 12/31/2017 12.393911 14.362164 726,891.8957
01/01/2018 to 12/31/2018 14.362164 13.026717 616,945.1233
01/01/2019 to 12/31/2019 13.026717 15.762077 578,633.4285
01/01/2020 to 12/31/2020 15.762077 17.366223 556,720.4151
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.703561 14.887415 69,123.8656
01/01/2012 to 12/31/2012 14.887415 17.198398 66,880.3815
01/01/2013 to 12/31/2013 17.198398 22.305649 53,976.7504
01/01/2014 to 12/31/2014 22.305649 22.216749 49,869.3641
01/01/2015 to 12/31/2015 22.216749 20.578361 42,515.7570
01/01/2016 to 12/31/2016 20.578361 26.449082 36,555.4135
01/01/2017 to 12/31/2017 26.449082 28.931221 34,120.6359
01/01/2018 to 12/31/2018 28.931221 24.011294 31,530.7829
01/01/2019 to 12/31/2019 24.011294 30.278488 31,247.3038
01/01/2020 to 12/31/2020 30.278488 29.477812 32,241.8832
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.168527 9.687236 18,422.7584
01/01/2012 to 12/31/2012 9.687236 11.277211 17,035.1658
01/01/2013 to 12/31/2013 11.277211 10.492770 17,904.6125
01/01/2014 to 12/31/2014 10.492770 9.604639 18,164.7764
01/01/2015 to 12/31/2015 9.604639 8.105828 16,122.4295
01/01/2016 to 12/31/2016 8.105828 8.850363 18,240.0260
01/01/2017 to 12/31/2017 8.850363 11.122225 18,772.8209
01/01/2018 to 12/31/2018 11.122225 9.345388 16,954.2926
01/01/2019 to 12/31/2019 9.345388 11.050001 18,547.4048
01/01/2020 to 12/31/2020 11.050001 13.773420 17,524.6637
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.174412 10.163508 8,141.3776
01/01/2012 to 12/31/2012 10.163508 10.680714 6,754.2015
01/01/2013 to 12/31/2013 10.680714 10.859979 17,712.6693
01/01/2014 to 12/31/2014 10.859979 10.712570 18,010.8046
01/01/2015 to 12/31/2015 10.712570 10.402346 17,423.8042
01/01/2016 to 12/31/2016 10.402346 11.130331 16,770.2877
01/01/2017 to 12/31/2017 11.130331 11.300475 16,113.4423
01/01/2018 to 12/31/2018 11.300475 11.098720 5,784.5439
01/01/2019 to 12/31/2019 11.098720 11.631897 4,439.4756
01/01/2020 to 12/31/2020 11.631897 11.624383 4,269.0396
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.987125 9.720837 2,570.9638
01/01/2012 to 12/31/2012 9.720837 9.936368 4,915.7701
01/01/2013 to 12/31/2013 9.936368 9.842815 7,171.6536
01/01/2014 to 12/31/2014 9.842815 9.740220 16,897.0606
01/01/2015 to 12/31/2015 9.740220 9.478429 15,769.1324
01/01/2016 to 12/31/2016 9.478429 9.572288 16,745.6795
01/01/2017 to 12/31/2017 9.572288 9.498729 15,429.9727
01/01/2018 to 12/31/2018 9.498729 9.340862 20,339.3843
01/01/2019 to 12/31/2019 9.340862 9.570794 5,340.5557
01/01/2020 to 12/31/2020 9.570794 9.570351 5,253.6894
58

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.059143 11.770014 0.0000
01/01/2012 to 12/31/2012 11.770014 13.170721 0.0000
01/01/2013 to 12/31/2013 13.170721 13.030810 0.0000
01/01/2014 to 12/31/2014 13.030810 12.905530 0.0000
01/01/2015 to 12/31/2015 12.905530 12.111592 0.0000
01/01/2016 to 12/31/2016 12.111592 11.963628 0.0000
01/01/2017 to 12/31/2017 11.963628 11.732061 0.0000
01/01/2018 to 12/31/2018 11.732061 11.602160 0.0000
01/01/2019 to 12/31/2019 11.602160 11.493702 0.0000
01/01/2020 to 12/31/2020 11.493702 10.589372 0.0000
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.610832 12.583917 20,679.9789
01/01/2012 to 12/31/2012 12.583917 15.523381 19,787.7422
01/01/2013 to 12/31/2013 15.523381 15.739722 19,852.5435
01/01/2014 to 12/31/2014 15.739722 17.457535 18,230.3979
01/01/2015 to 12/31/2015 17.457535 16.855119 15,560.4617
01/01/2016 to 12/31/2016 16.855119 16.649172 15,511.9071
01/01/2017 to 12/31/2017 16.649172 18.056087 14,485.5954
01/01/2018 to 12/31/2018 18.056087 16.150244 11,924.1800
01/01/2019 to 12/31/2019 16.150244 19.738358 10,682.2969
01/01/2020 to 12/31/2020 19.738358 18.357264 11,129.7094
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.701949 15.703090 96,412.6100
01/01/2012 to 12/31/2012 15.703090 19.872847 89,163.3919
01/01/2013 to 12/31/2013 19.872847 25.393343 77,480.5968
01/01/2014 to 12/31/2014 25.393343 23.425845 77,364.3418
01/01/2015 to 12/31/2015 23.425845 21.901620 67,022.1494
01/01/2016 to 12/31/2016 21.901620 23.200314 59,869.4106
01/01/2017 to 12/31/2017 23.200314 29.632869 53,919.4019
01/01/2018 to 12/31/2018 29.632869 22.058018 53,338.5239
01/01/2019 to 12/31/2019 22.058018 26.895625 42,390.2924
01/01/2020 to 12/31/2020 26.895625 27.683082 45,177.0304
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010597 1.042959 653,953.9902
01/01/2013 to 12/31/2013 1.042959 1.040292 553,846.9207
01/01/2014 to 12/31/2014 1.040292 1.075523 551,440.7528
01/01/2015 to 12/31/2015 1.075523 1.008883 552,611.0027
01/01/2016 to 12/31/2016 1.008883 1.103671 1,240,991.9191
01/01/2017 to 12/31/2017 1.103671 1.188884 346,930.5881
01/01/2018 to 12/31/2018 1.188884 1.089133 259,566.2457
01/01/2019 to 12/31/2019 1.089133 1.229461 260,408.9087
01/01/2020 to 12/31/2020 1.229461 1.325873 257,754.3296
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.895729 9.546768 14,167.0462
01/01/2012 to 12/31/2012 9.546768 11.070443 13,233.7145
01/01/2013 to 12/31/2013 11.070443 14.676759 13,326.4738
01/01/2014 to 12/31/2014 14.676759 15.710084 15,133.0770
01/01/2015 to 12/31/2015 15.710084 14.465002 14,387.0079
01/01/2016 to 12/31/2016 14.465002 16.614571 12,079.0399
01/01/2017 to 12/31/2017 16.614571 19.202335 11,493.1464
01/01/2018 to 12/31/2018 19.202335 16.515715 9,800.6517
01/01/2019 to 12/31/2019 16.515715 20.208516 4,857.2206
01/01/2020 to 12/31/2020 20.208516 19.687229 4,150.2684
59

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.908394 14.441342 66,239.6355
01/01/2012 to 12/31/2012 14.441342 16.717534 56,571.7049
01/01/2013 to 12/31/2013 16.717534 22.947245 50,920.3017
01/01/2014 to 12/31/2014 22.947245 24.247949 46,082.9881
01/01/2015 to 12/31/2015 24.247949 23.338029 40,254.1198
01/01/2016 to 12/31/2016 23.338029 25.466235 35,719.3874
01/01/2017 to 12/31/2017 25.466235 31.256101 32,300.0701
01/01/2018 to 12/31/2018 31.256101 27.833902 29,245.3502
01/01/2019 to 12/31/2019 27.833902 33.908285 28,595.1377
01/01/2020 to 12/31/2020 33.908285 52.049144 25,125.4915
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.845555 10.268190 46,900.3065
01/01/2014 to 12/31/2014 10.268190 10.566806 35,164.5600
01/01/2015 to 12/31/2015 10.566806 10.397185 27,365.7938
01/01/2016 to 12/31/2016 10.397185 10.408156 22,910.0369
01/01/2017 to 12/31/2017 10.408156 10.529988 12,307.0745
01/01/2018 to 12/31/2018 10.529988 10.312196 4,779.3469
01/01/2019 to 12/31/2019 10.312196 10.927425 3,646.7701
01/01/2020 to 12/31/2020 10.927425 11.544229 13,771.9595
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.162916 10.528410 52,753.5606
01/01/2012 to 12/31/2012 10.528410 10.815253 49,250.1758
01/01/2013 to 04/26/2013 10.815253 10.786602 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012651 1.044995 89,589.4023
01/01/2013 to 12/31/2013 1.044995 1.135706 90,351.6429
01/01/2014 to 12/31/2014 1.135706 1.189684 110,383.3797
01/01/2015 to 12/31/2015 1.189684 1.175377 107,334.8092
01/01/2016 to 12/31/2016 1.175377 1.184364 173,800.4767
01/01/2017 to 12/31/2017 1.184364 1.353017 163,109.2031
01/01/2018 to 12/31/2018 1.353017 1.229522 82,941.6745
01/01/2019 to 12/31/2019 1.229522 1.407600 77,637.1699
01/01/2020 to 12/31/2020 1.407600 1.546785 74,992.6578
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996755 1.035393 0.0000
01/01/2015 to 12/31/2015 1.035393 1.003902 0.0000
01/01/2016 to 12/31/2016 1.003902 1.002651 0.0000
01/01/2017 to 12/31/2017 1.002651 1.133949 0.0000
01/01/2018 to 04/30/2018 1.133949 1.103311 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.622943 12.177853 46,562.3293
01/01/2012 to 12/31/2012 12.177853 13.942379 46,607.9956
01/01/2013 to 12/31/2013 13.942379 15.991159 42,744.9992
01/01/2014 to 12/31/2014 15.991159 16.201753 43,252.9606
01/01/2015 to 12/31/2015 16.201753 16.059816 30,033.0815
01/01/2016 to 12/31/2016 16.059816 16.477348 20,712.3710
01/01/2017 to 12/31/2017 16.477348 19.842242 19,517.8675
01/01/2018 to 12/31/2018 19.842242 18.380841 20,163.6926
01/01/2019 to 12/31/2019 18.380841 22.953148 18,942.5643
01/01/2020 to 12/31/2020 22.953148 25.798587 18,979.0059
60

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 7.060179 7.138276 120,779.9326
01/01/2012 to 12/31/2012 7.138276 8.282721 98,374.6371
01/01/2013 to 12/31/2013 8.282721 11.809305 83,817.3514
01/01/2014 to 12/31/2014 11.809305 13.748680 80,052.7954
01/01/2015 to 12/31/2015 13.748680 12.919478 77,748.8897
01/01/2016 to 12/31/2016 12.919478 12.990098 70,121.0526
01/01/2017 to 12/31/2017 12.990098 15.062651 68,693.6651
01/01/2018 to 12/31/2018 15.062651 13.706894 62,762.4236
01/01/2019 to 12/31/2019 13.706894 16.585521 60,994.4869
01/01/2020 to 12/31/2020 16.585521 21.474180 55,889.7214
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 127.101648 115.074290 2,119.9633
01/01/2012 to 12/31/2012 115.074290 138.039994 722.0146
01/01/2013 to 12/31/2013 138.039994 174.082427 416.5720
01/01/2014 to 04/25/2014 174.082427 180.874023 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.439515 6.831593 0.0000
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.760561 11.198655 1,675.5471
01/01/2014 to 12/31/2014 11.198655 11.981493 1,664.2666
01/01/2015 to 12/31/2015 11.981493 11.590309 1,251.7410
01/01/2016 to 12/31/2016 11.590309 11.844462 11,922.4294
01/01/2017 to 12/31/2017 11.844462 13.401921 10,904.9003
01/01/2018 to 12/31/2018 13.401921 12.179015 1,618.1896
01/01/2019 to 12/31/2019 12.179015 14.515180 1,328.6521
01/01/2020 to 12/31/2020 14.515180 15.144822 1,242.4867
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.556384 11.852786 93,787.1391
01/01/2012 to 12/31/2012 11.852786 13.544241 83,667.1577
01/01/2013 to 12/31/2013 13.544241 15.816918 73,209.1227
01/01/2014 to 12/31/2014 15.816918 14.411798 73,973.5829
01/01/2015 to 12/31/2015 14.411798 13.861929 67,934.4379
01/01/2016 to 12/31/2016 13.861929 13.455033 64,015.0957
01/01/2017 to 12/31/2017 13.455033 16.886036 55,538.2992
01/01/2018 to 12/31/2018 16.886036 14.219076 47,757.7205
01/01/2019 to 12/31/2019 14.219076 17.866012 44,616.7323
01/01/2020 to 12/31/2020 17.866012 19.770876 41,864.3390
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999712 1.030595 0.0000
01/01/2015 to 12/31/2015 1.030595 0.953901 0.0000
01/01/2016 to 12/31/2016 0.953901 1.037981 0.0000
01/01/2017 to 12/31/2017 1.037981 1.144525 0.0000
01/01/2018 to 12/31/2018 1.144525 1.035531 0.0000
01/01/2019 to 12/31/2019 1.035531 1.237039 0.0000
01/01/2020 to 12/31/2020 1.237039 1.354778 0.0000
61

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.055646 14.209475 175,910.1780
01/01/2012 to 12/31/2012 14.209475 15.183153 162,483.9502
01/01/2013 to 12/31/2013 15.183153 13.488580 139,653.3192
01/01/2014 to 12/31/2014 13.488580 13.590401 131,548.6124
01/01/2015 to 12/31/2015 13.590401 12.894055 126,316.9368
01/01/2016 to 12/31/2016 12.894055 13.255385 120,716.3799
01/01/2017 to 12/31/2017 13.255385 13.430804 121,973.9727
01/01/2018 to 12/31/2018 13.430804 12.833367 112,440.6643
01/01/2019 to 12/31/2019 12.833367 13.606011 104,201.2283
01/01/2020 to 12/31/2020 13.606011 14.860279 97,943.8256
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.307270 15.465142 237,489.7513
01/01/2012 to 12/31/2012 15.465142 16.545950 253,514.7145
01/01/2013 to 12/31/2013 16.545950 15.891757 226,951.6372
01/01/2014 to 12/31/2014 15.891757 16.213833 270,545.2610
01/01/2015 to 12/31/2015 16.213833 15.877679 187,968.8824
01/01/2016 to 12/31/2016 15.877679 15.953489 182,620.3454
01/01/2017 to 12/31/2017 15.953489 16.325991 155,588.3474
01/01/2018 to 12/31/2018 16.325991 15.948134 173,756.9984
01/01/2019 to 12/31/2019 15.948134 16.938192 148,527.9989
01/01/2020 to 12/31/2020 16.938192 17.997276 149,725.9599
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.214143 10.700558 0.0000
01/01/2014 to 12/31/2014 10.700558 11.383616 134,612.5237
01/01/2015 to 12/31/2015 11.383616 11.007543 488,842.2383
01/01/2016 to 12/31/2016 11.007543 11.270951 459,474.3975
01/01/2017 to 12/31/2017 11.270951 12.855445 402,861.4799
01/01/2018 to 04/30/2018 12.855445 12.267120 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010629 1.063021 88,527.6771
01/01/2013 to 12/31/2013 1.063021 1.146180 86,974.9524
01/01/2014 to 12/31/2014 1.146180 1.209223 112,312.4934
01/01/2015 to 12/31/2015 1.209223 1.173684 3,494,209.5197
01/01/2016 to 12/31/2016 1.173684 1.214266 3,351,206.2574
01/01/2017 to 12/31/2017 1.214266 1.359098 2,936,235.8190
01/01/2018 to 12/31/2018 1.359098 1.205292 6,350,807.1147
01/01/2019 to 12/31/2019 1.205292 1.433910 5,700,016.7413
01/01/2020 to 12/31/2020 1.433910 1.433623 5,395,395.4563
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.260787 11.144271 24,780.7869
01/01/2012 to 12/31/2012 11.144271 12.313150 83,274.9693
01/01/2013 to 12/31/2013 12.313150 13.616481 83,941.5883
01/01/2014 to 12/31/2014 13.616481 14.108439 97,203.0049
01/01/2015 to 12/31/2015 14.108439 13.544002 95,072.0360
01/01/2016 to 12/31/2016 13.544002 14.029684 95,568.9631
01/01/2017 to 12/31/2017 14.029684 15.917935 93,153.2367
01/01/2018 to 12/31/2018 15.917935 14.569152 92,731.2565
01/01/2019 to 12/31/2019 14.569152 17.063954 92,115.7826
01/01/2020 to 12/31/2020 17.063954 18.350422 85,739.9814
62

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.854137 10.402723 21,480.8626
01/01/2012 to 12/31/2012 10.402723 11.716593 13,044.3772
01/01/2013 to 12/31/2013 11.716593 13.546625 17,200.7559
01/01/2014 to 12/31/2014 13.546625 13.978632 41,838.9562
01/01/2015 to 12/31/2015 13.978632 13.371768 40,999.9549
01/01/2016 to 12/31/2016 13.371768 13.994711 40,119.6261
01/01/2017 to 12/31/2017 13.994711 16.395850 37,210.2443
01/01/2018 to 12/31/2018 16.395850 14.649002 36,136.1448
01/01/2019 to 12/31/2019 14.649002 17.564027 35,044.4663
01/01/2020 to 12/31/2020 17.564027 19.046698 33,175.7733
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 45.808996 43.059881 47,417.5492
01/01/2012 to 12/31/2012 43.059881 49.740392 42,628.5451
01/01/2013 to 12/31/2013 49.740392 65.158254 35,520.4974
01/01/2014 to 12/31/2014 65.158254 72.277797 32,733.1020
01/01/2015 to 12/31/2015 72.277797 68.237658 30,397.3334
01/01/2016 to 12/31/2016 68.237658 77.473378 27,586.7499
01/01/2017 to 12/31/2017 77.473378 88.726550 24,092.0744
01/01/2018 to 12/31/2018 88.726550 78.915877 20,742.6438
01/01/2019 to 12/31/2019 78.915877 97.767045 19,810.2035
01/01/2020 to 12/31/2020 97.767045 98.476655 19,518.4048
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.793410 9.432268 83,392.5326
01/01/2012 to 12/31/2012 9.432268 10.498908 75,243.0903
01/01/2013 to 12/31/2013 10.498908 14.041441 70,828.6209
01/01/2014 to 12/31/2014 14.041441 15.506117 60,766.5258
01/01/2015 to 12/31/2015 15.506117 16.197183 45,774.2714
01/01/2016 to 12/31/2016 16.197183 16.846440 42,167.6365
01/01/2017 to 12/31/2017 16.846440 20.579427 45,885.4448
01/01/2018 to 12/31/2018 20.579427 19.707798 39,728.6595
01/01/2019 to 12/31/2019 19.707798 25.293903 36,364.0761
01/01/2020 to 12/31/2020 25.293903 30.690435 26,396.1569
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 23.338782 22.009482 6,819.9316
01/01/2012 to 12/31/2012 22.009482 24.717024 6,748.2854
01/01/2013 to 12/31/2013 24.717024 31.538473 9,107.7335
01/01/2014 to 12/31/2014 31.538473 33.861202 6,790.4093
01/01/2015 to 12/31/2015 33.861202 30.179388 6,581.7076
01/01/2016 to 12/31/2016 30.179388 34.134057 6,556.3907
01/01/2017 to 12/31/2017 34.134057 36.593900 6,533.2871
01/01/2018 to 12/31/2018 36.593900 32.193452 6,504.9146
01/01/2019 to 12/31/2019 32.193452 40.661911 0.0000
01/01/2020 to 12/31/2020 40.661911 42.856131 0.0000
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.814344 13.594061 38,023.6515
01/01/2012 to 12/31/2012 13.594061 15.721675 35,608.4006
01/01/2013 to 12/31/2013 15.721675 20.421648 29,331.5016
01/01/2014 to 12/31/2014 20.421648 22.642696 25,933.4449
01/01/2015 to 12/31/2015 22.642696 20.150222 20,593.7743
01/01/2016 to 12/31/2016 20.150222 22.332768 18,841.3070
01/01/2017 to 12/31/2017 22.332768 24.229776 18,258.2146
01/01/2018 to 12/31/2018 24.229776 20.570247 14,524.2551
01/01/2019 to 12/31/2019 20.570247 27.300016 13,877.4607
01/01/2020 to 12/31/2020 27.300016 27.456816 13,425.3296
63

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
05/02/2011 to 12/31/2011 9.997699 10.704856 0.0000
01/01/2012 to 12/31/2012 10.704856 10.811321 0.0000
01/01/2013 to 12/31/2013 10.811321 10.108168 7,959.3447
01/01/2014 to 12/31/2014 10.108168 10.646086 14,291.4086
01/01/2015 to 12/31/2015 10.646086 10.469679 10,590.8481
01/01/2016 to 12/31/2016 10.469679 10.387162 22,497.3912
01/01/2017 to 12/31/2017 10.387162 10.436348 17,379.6803
01/01/2018 to 12/31/2018 10.436348 10.211655 17,076.4823
01/01/2019 to 12/31/2019 10.211655 10.748773 22,873.8421
01/01/2020 to 12/31/2020 10.748773 11.332818 12,085.7572
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 8.839864 9.655215 12,183.9079
01/01/2014 to 12/31/2014 9.655215 9.138442 10,739.7872
01/01/2015 to 12/31/2015 9.138442 8.754312 10,863.8963
01/01/2016 to 12/31/2016 8.754312 9.005371 10,629.9895
01/01/2017 to 12/31/2017 9.005371 11.895686 9,990.6381
01/01/2018 to 12/31/2018 11.895686 9.644693 9,806.9786
01/01/2019 to 12/31/2019 9.644693 12.504859 9,667.2455
01/01/2020 to 12/31/2020 12.504859 15.459722 12,733.8793
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.804768 7.390386 13,535.8802
01/01/2012 to 12/31/2012 7.390386 8.498173 12,533.6251
01/01/2013 to 04/26/2013 8.498173 8.794202 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.885952 9.681058 327,627.7338
01/01/2012 to 12/31/2012 9.681058 9.478774 380,680.9551
01/01/2013 to 12/31/2013 9.478774 9.281786 172,191.3221
01/01/2014 to 12/31/2014 9.281786 9.088890 193,850.6275
01/01/2015 to 12/31/2015 9.088890 8.900004 196,804.4736
01/01/2016 to 12/31/2016 8.900004 8.724817 103,054.2029
01/01/2017 to 12/31/2017 8.724817 8.598214 89,064.7289
01/01/2018 to 12/31/2018 8.598214 8.548959 157,558.2174
01/01/2019 to 12/31/2019 8.548959 8.528524 220,149.2867
01/01/2020 to 12/31/2020 8.528524 8.366852 199,322.3606
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.093470 13.289757 23,624.8760
01/01/2015 to 12/31/2015 13.289757 12.937364 47,099.6456
01/01/2016 to 12/31/2016 12.937364 13.242415 68,897.1982
01/01/2017 to 12/31/2017 13.242415 13.866970 48,258.9773
01/01/2018 to 12/31/2018 13.866970 13.222703 46,018.9784
01/01/2019 to 12/31/2019 13.222703 14.467551 36,903.6310
01/01/2020 to 12/31/2020 14.467551 15.514306 50,983.3397
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.576883 11.538096 685,669.2095
01/01/2012 to 12/31/2012 11.538096 12.529797 734,827.1876
01/01/2013 to 12/31/2013 12.529797 13.383435 571,778.1526
01/01/2014 to 04/25/2014 13.383435 13.463813 0.0000
64

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.638844 11.384171 1,016,718.7684
01/01/2012 to 12/31/2012 11.384171 12.527923 927,213.1046
01/01/2013 to 12/31/2013 12.527923 14.012766 805,977.0362
01/01/2014 to 04/25/2014 14.012766 14.043800 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.661080 13.976986 1,285,099.1120
01/01/2015 to 12/31/2015 13.976986 13.539601 1,164,296.3131
01/01/2016 to 12/31/2016 13.539601 14.065380 1,066,851.5359
01/01/2017 to 12/31/2017 14.065380 15.239768 986,760.9603
01/01/2018 to 12/31/2018 15.239768 14.264617 933,293.5854
01/01/2019 to 12/31/2019 14.264617 16.146679 773,461.7853
01/01/2020 to 12/31/2020 16.146679 17.555413 637,664.1010
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.426489 10.998983 3,970,487.7748
01/01/2012 to 12/31/2012 10.998983 12.269552 3,723,504.7880
01/01/2013 to 12/31/2013 12.269552 14.347727 3,385,800.0211
01/01/2014 to 04/25/2014 14.347727 14.336227 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.048680 14.482466 2,236,779.2006
01/01/2015 to 12/31/2015 14.482466 14.001678 2,050,056.2581
01/01/2016 to 12/31/2016 14.001678 14.684906 1,936,501.7941
01/01/2017 to 12/31/2017 14.684906 16.499083 1,818,635.6540
01/01/2018 to 12/31/2018 16.499083 15.164884 1,650,626.8097
01/01/2019 to 12/31/2019 15.164884 17.734107 1,530,190.2938
01/01/2020 to 12/31/2020 17.734107 19.769690 1,421,466.2113
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.316411 10.652454 2,858,598.4811
01/01/2012 to 12/31/2012 10.652454 12.069591 2,450,533.2880
01/01/2013 to 12/31/2013 12.069591 14.881637 2,609,790.6970
01/01/2014 to 04/25/2014 14.881637 14.788836 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.495102 9.134478 39,821.1660
01/01/2012 to 12/31/2012 9.134478 10.385784 58,258.0015
01/01/2013 to 04/26/2013 10.385784 11.156008 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.023297 14.539708 2,461,511.1670
01/01/2015 to 12/31/2015 14.539708 13.996027 2,236,500.3202
01/01/2016 to 12/31/2016 13.996027 14.820894 2,073,215.8051
01/01/2017 to 12/31/2017 14.820894 17.294874 1,895,405.9310
01/01/2018 to 12/31/2018 17.294874 15.559744 1,745,093.2618
01/01/2019 to 12/31/2019 15.559744 18.851723 1,528,546.7359
01/01/2020 to 12/31/2020 18.851723 21.522239 1,395,347.5102
65

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.962259 13.517298 96,790.4524
01/01/2012 to 12/31/2012 13.517298 14.767757 90,134.1171
01/01/2013 to 12/31/2013 14.767757 19.740582 77,854.1986
01/01/2014 to 12/31/2014 19.740582 19.653874 71,242.1157
01/01/2015 to 12/31/2015 19.653874 17.385305 63,609.0265
01/01/2016 to 12/31/2016 17.385305 20.880362 55,612.9348
01/01/2017 to 12/31/2017 20.880362 23.011714 51,224.0915
01/01/2018 to 12/31/2018 23.011714 19.507645 45,064.0634
01/01/2019 to 12/31/2019 19.507645 23.579649 43,299.6660
01/01/2020 to 12/31/2020 23.579649 24.469121 47,599.4674
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.984068 13.928575 166.4115
01/01/2012 to 12/31/2012 13.928575 16.079426 230.0943
01/01/2013 to 12/31/2013 16.079426 20.091470 1,242.1856
01/01/2014 to 12/31/2014 20.091470 18.356787 1,214.8141
01/01/2015 to 12/31/2015 18.356787 19.009792 792.2164
01/01/2016 to 12/31/2016 19.009792 19.699343 917.8381
01/01/2017 to 12/31/2017 19.699343 25.164826 7,654.5592
01/01/2018 to 12/31/2018 25.164826 19.572392 7,626.3668
01/01/2019 to 12/31/2019 19.572392 23.580455 12,242.1779
01/01/2020 to 12/31/2020 23.580455 25.118866 5,415.6699
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 20.879902 21.154106 182.4444
01/01/2017 to 12/31/2017 21.154106 24.612312 260.2136
01/01/2018 to 12/31/2018 24.612312 24.012900 2,335.9997
01/01/2019 to 12/31/2019 24.012900 30.719632 1,296.4768
01/01/2020 to 12/31/2020 30.719632 33.379758 2,517.4219
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 16.680770 15.538956 229.0082
01/01/2012 to 12/31/2012 15.538956 16.793238 227.7012
01/01/2013 to 12/31/2013 16.793238 21.823912 226.5662
01/01/2014 to 12/31/2014 21.823912 23.706517 225.4288
01/01/2015 to 12/31/2015 23.706517 23.155662 0.0000
01/01/2016 to 04/29/2016 23.155662 23.246687 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 12.020174 11.278942 224,705.8926
01/01/2012 to 12/31/2012 11.278942 12.446050 205,571.7633
01/01/2013 to 12/31/2013 12.446050 16.273793 179,195.4158
01/01/2014 to 12/31/2014 16.273793 17.600329 165,776.3318
01/01/2015 to 12/31/2015 17.600329 17.625207 142,527.6589
01/01/2016 to 12/31/2016 17.625207 18.493360 132,782.4262
01/01/2017 to 12/31/2017 18.493360 21.536602 123,611.3287
01/01/2018 to 12/31/2018 21.536602 21.033977 102,340.2718
01/01/2019 to 12/31/2019 21.033977 26.934881 87,432.3874
01/01/2020 to 12/31/2020 26.934881 29.295855 80,006.0791
66

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 14.103697 16.733958 20,732.9468
01/01/2014 to 12/31/2014 16.733958 18.168349 20,369.2600
01/01/2015 to 12/31/2015 18.168349 18.254078 16,514.4830
01/01/2016 to 12/31/2016 18.254078 18.796662 15,206.1744
01/01/2017 to 12/31/2017 18.796662 22.997117 13,942.4667
01/01/2018 to 12/31/2018 22.997117 21.187721 10,912.2779
01/01/2019 to 12/31/2019 21.187721 27.560597 9,785.7039
01/01/2020 to 12/31/2020 27.560597 35.456211 10,492.7995
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 13.837323 12.538715 22,585.7755
01/01/2012 to 12/31/2012 12.538715 13.015788 22,109.7234
01/01/2013 to 04/26/2013 13.015788 14.013409 0.0000
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.588814 11.373635 77,831.7088
01/01/2012 to 12/31/2012 11.373635 12.868563 209,010.7707
01/01/2013 to 12/31/2013 12.868563 17.229934 192,752.3229
01/01/2014 to 12/31/2014 17.229934 18.347040 173,426.4327
01/01/2015 to 12/31/2015 18.347040 19.859289 146,822.7885
01/01/2016 to 12/31/2016 19.859289 19.421350 142,988.3465
01/01/2017 to 12/31/2017 19.421350 26.053947 121,678.9691
01/01/2018 to 12/31/2018 26.053947 25.538482 104,169.3405
01/01/2019 to 12/31/2019 25.538482 33.134140 99,704.1374
01/01/2020 to 12/31/2020 33.134140 50.735345 77,673.7215
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.748418 7.296360 0.0000
01/01/2012 to 12/31/2012 7.296360 8.049322 4,387.2484
01/01/2013 to 04/26/2013 8.049322 8.631100 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.857588 7.588397 224,754.8906
01/01/2012 to 04/27/2012 7.588397 8.517491 0.0000
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 14.279492 14.983417 0.0000
01/01/2012 to 12/31/2012 14.983417 15.196072 5,120.8287
01/01/2013 to 12/31/2013 15.196072 14.497782 4,312.6152
01/01/2014 to 12/31/2014 14.497782 14.971613 4,295.8738
01/01/2015 to 12/31/2015 14.971613 14.652215 4,278.3173
01/01/2016 to 12/31/2016 14.652215 14.647091 12,806.0677
01/01/2017 to 12/31/2017 14.647091 14.764888 12,772.8168
01/01/2018 to 12/31/2018 14.764888 14.385389 12,556.2680
01/01/2019 to 12/31/2019 14.385389 15.261685 17,584.5818
01/01/2020 to 12/31/2020 15.261685 15.973168 10,280.9885
67

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 15.935012 15.255038 13,147.0508
01/01/2012 to 12/31/2012 15.255038 17.515438 13,438.3704
01/01/2013 to 12/31/2013 17.515438 22.769244 15,169.5443
01/01/2014 to 12/31/2014 22.769244 24.350044 13,999.4388
01/01/2015 to 12/31/2015 24.350044 23.205569 12,116.3189
01/01/2016 to 12/31/2016 23.205569 27.286896 12,568.4775
01/01/2017 to 12/31/2017 27.286896 30.890844 12,525.6776
01/01/2018 to 12/31/2018 30.890844 26.747413 12,442.2305
01/01/2019 to 12/31/2019 26.747413 32.880824 3,507.1385
01/01/2020 to 12/31/2020 32.880824 36.403072 2,070.5726
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 11.606596 9.927666 0.0000
01/01/2012 to 12/31/2012 9.927666 11.464150 775.1357
01/01/2013 to 12/31/2013 11.464150 13.632491 3,573.4709
01/01/2014 to 12/31/2014 13.632491 12.504062 3,380.7687
01/01/2015 to 12/31/2015 12.504062 12.083667 1,577.2182
01/01/2016 to 12/31/2016 12.083667 11.947170 2,599.8733
01/01/2017 to 12/31/2017 11.947170 14.571230 2,584.0082
01/01/2018 to 12/31/2018 14.571230 12.251725 2,568.7795
01/01/2019 to 12/31/2019 12.251725 14.585822 38,899.6229
01/01/2020 to 12/31/2020 14.585822 15.355492 38,788.2673
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 16.137255 15.118613 2,368.1083
01/01/2012 to 12/31/2012 15.118613 17.163244 2,535.2597
01/01/2013 to 12/31/2013 17.163244 23.213668 6,214.3140
01/01/2014 to 12/31/2014 23.213668 23.806429 2,572.0615
01/01/2015 to 12/31/2015 23.806429 22.254116 2,629.3743
01/01/2016 to 12/31/2016 22.254116 26.351751 3,027.2095
01/01/2017 to 12/31/2017 26.351751 29.495609 3,140.4628
01/01/2018 to 12/31/2018 29.495609 25.642831 3,136.4672
01/01/2019 to 12/31/2019 25.642831 31.438321 3,132.1857
01/01/2020 to 12/31/2020 31.438321 36.711879 1,002.2421
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.183241 11.130398 83,506.4993
01/01/2012 to 12/31/2012 11.130398 12.579353 132,318.6476
01/01/2013 to 12/31/2013 12.579353 16.222697 128,578.1030
01/01/2014 to 12/31/2014 16.222697 17.966407 76,653.1419
01/01/2015 to 12/31/2015 17.966407 17.753715 114,614.9722
01/01/2016 to 12/31/2016 17.753715 19.363654 111,966.3118
01/01/2017 to 12/31/2017 19.363654 22.988576 105,066.4408
01/01/2018 to 12/31/2018 22.988576 21.420738 93,700.2600
01/01/2019 to 12/31/2019 21.420738 27.436310 63,093.5978
01/01/2020 to 12/31/2020 27.436310 31.653590 60,985.5823
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 17.039075 19.815485 6,345.4525
01/01/2014 to 12/31/2014 19.815485 21.453123 6,819.3191
01/01/2015 to 12/31/2015 21.453123 20.930714 23,276.7536
01/01/2016 to 12/31/2016 20.930714 23.384780 26,384.6759
01/01/2017 to 12/31/2017 23.384780 26.926626 24,527.1417
01/01/2018 to 12/31/2018 26.926626 23.663801 22,839.6422
01/01/2019 to 12/31/2019 23.663801 30.087944 23,489.8314
01/01/2020 to 12/31/2020 30.087944 30.538313 25,767.1641
68

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.732570 8.504691 3,662.3558
01/01/2012 to 12/31/2012 8.504691 9.485882 5,602.5406
01/01/2013 to 04/26/2013 9.485882 10.367847 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 15.222702 18.920370 27,916.2131
01/01/2014 to 12/31/2014 18.920370 18.471468 26,957.8440
01/01/2015 to 12/31/2015 18.471468 18.156328 23,637.7388
01/01/2016 to 12/31/2016 18.156328 21.049403 21,491.2404
01/01/2017 to 12/31/2017 21.049403 23.805827 18,320.5017
01/01/2018 to 12/31/2018 23.805827 21.680020 16,621.1760
01/01/2019 to 12/31/2019 21.680020 27.472370 15,894.2423
01/01/2020 to 12/31/2020 27.472370 33.560394 14,113.1333
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.613618 13.555459 38,124.5520
01/01/2012 to 12/31/2012 13.555459 13.973816 35,461.9172
01/01/2013 to 04/26/2013 13.973816 15.117788 0.0000
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 6.569461 8.256108 37,989.9055
01/01/2014 to 12/31/2014 8.256108 8.798072 38,846.3470
01/01/2015 to 12/31/2015 8.798072 9.520930 253,527.3970
01/01/2016 to 12/31/2016 9.520930 9.465887 254,845.7957
01/01/2017 to 12/31/2017 9.465887 12.372998 240,439.5737
01/01/2018 to 12/31/2018 12.372998 11.974598 239,783.1343
01/01/2019 to 12/31/2019 11.974598 15.312689 224,899.5308
01/01/2020 to 12/31/2020 15.312689 20.487728 224,539.4120
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.467236 5.706418 46,865.7612
01/01/2012 to 12/31/2012 5.706418 6.264302 28,091.3778
01/01/2013 to 04/26/2013 6.264302 6.536152 0.0000
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.530350 15.120103 0.0000
01/01/2012 to 12/31/2012 15.120103 15.185912 0.0000
01/01/2013 to 12/31/2013 15.185912 16.469604 0.0000
01/01/2014 to 12/31/2014 16.469604 13.091344 0.0000
01/01/2015 to 12/31/2015 13.091344 8.619677 0.0000
01/01/2016 to 12/31/2016 8.619677 12.132527 0.0000
01/01/2017 to 12/31/2017 12.132527 11.793076 0.0000
01/01/2018 to 12/31/2018 11.793076 8.214974 0.0000
01/01/2019 to 12/31/2019 8.214974 9.037739 0.0000
01/01/2020 to 12/31/2020 9.037739 10.723598 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 25.798550 26.634862 78,110.0242
01/01/2017 to 12/31/2017 26.634862 28.151936 68,018.1768
01/01/2018 to 12/31/2018 28.151936 26.454493 47,919.9535
01/01/2019 to 12/31/2019 26.454493 29.592167 41,384.6498
01/01/2020 to 12/31/2020 29.592167 30.891787 40,231.4831
69

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.10% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 21.905534 22.407901 89,473.5655
01/01/2012 to 12/31/2012 22.407901 24.780501 81,986.0422
01/01/2013 to 12/31/2013 24.780501 26.201722 105,569.5425
01/01/2014 to 12/31/2014 26.201722 26.896231 75,623.8355
01/01/2015 to 12/31/2015 26.896231 25.764560 64,026.3370
01/01/2016 to 04/29/2016 25.764560 26.486615 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 26.325331 27.202526 4,746.7768
01/01/2017 to 12/31/2017 27.202526 28.766001 4,721.7901
01/01/2018 to 12/31/2018 28.766001 27.062077 3,540.1693
01/01/2019 to 12/31/2019 27.062077 30.288508 3,522.4899
01/01/2020 to 12/31/2020 30.288508 31.666210 3,505.5366
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 12.201584 12.361780 17,412.9778
01/01/2012 to 12/31/2012 12.361780 13.490062 11,551.6934
01/01/2013 to 12/31/2013 13.490062 13.396091 33,251.4114
01/01/2014 to 12/31/2014 13.396091 13.700488 32,312.1209
01/01/2015 to 12/31/2015 13.700488 13.220247 9,752.5785
01/01/2016 to 04/29/2016 13.220247 13.516935 0.0000
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.516877 15.995424 13,517.5582
01/01/2012 to 12/31/2012 15.995424 16.138590 8,932.2940
01/01/2013 to 12/31/2013 16.138590 15.660139 7,043.1760
01/01/2014 to 12/31/2014 15.660139 15.725756 6,808.9181
01/01/2015 to 12/31/2015 15.725756 15.446228 6,535.7068
01/01/2016 to 12/31/2016 15.446228 15.279709 6,256.1783
01/01/2017 to 12/31/2017 15.279709 15.213812 5,321.2230
01/01/2018 to 12/31/2018 15.213812 14.999846 4,438.8013
01/01/2019 to 12/31/2019 14.999846 15.537123 6,458.0753
01/01/2020 to 12/31/2020 15.537123 15.960646 9,500.6297
70

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 10.137177 10.427165 69,021.1707
01/01/2013 to 12/31/2013 10.427165 11.337229 53,916.5114
01/01/2014 to 12/31/2014 11.337229 11.905492 60,601.4266
01/01/2015 to 12/31/2015 11.905492 11.713876 70,107.5282
01/01/2016 to 12/31/2016 11.713876 11.871062 30,137.2450
01/01/2017 to 12/31/2017 11.871062 13.195047 20,205.8710
01/01/2018 to 12/31/2018 13.195047 12.006747 18,101.5362
01/01/2019 to 12/31/2019 12.006747 13.868456 16,835.6377
01/01/2020 to 12/31/2020 13.868456 14.391518 15,506.4578
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.679446 9.267807 391,970.1938
01/01/2012 to 12/31/2012 9.267807 10.291548 329,343.3098
01/01/2013 to 12/31/2013 10.291548 11.933413 344,212.1421
01/01/2014 to 12/31/2014 11.933413 12.379902 362,007.1453
01/01/2015 to 12/31/2015 12.379902 12.025044 344,262.0358
01/01/2016 to 12/31/2016 12.025044 12.682100 328,618.6138
01/01/2017 to 12/31/2017 12.682100 14.498349 308,807.8346
01/01/2018 to 12/31/2018 14.498349 13.569653 292,197.6936
01/01/2019 to 12/31/2019 13.569653 15.866417 292,807.9477
01/01/2020 to 12/31/2020 15.866417 17.936772 306,795.5488
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.206817 8.580581 134,980.5193
01/01/2012 to 12/31/2012 8.580581 9.749123 133,303.3255
01/01/2013 to 12/31/2013 9.749123 11.931630 125,795.2652
01/01/2014 to 12/31/2014 11.931630 12.417566 121,947.2022
01/01/2015 to 12/31/2015 12.417566 12.055523 118,408.2403
01/01/2016 to 12/31/2016 12.055523 12.849736 141,047.1973
01/01/2017 to 12/31/2017 12.849736 15.254390 161,654.7543
01/01/2018 to 12/31/2018 15.254390 14.059773 143,250.3983
01/01/2019 to 12/31/2019 14.059773 17.004760 132,566.9534
01/01/2020 to 12/31/2020 17.004760 19.449173 154,662.3841
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.008354 8.407199 63,836.6557
01/01/2012 to 12/31/2012 8.407199 9.655225 62,665.7161
01/01/2013 to 12/31/2013 9.655225 12.258496 60,032.8843
01/01/2014 to 12/31/2014 12.258496 12.973106 53,173.4731
01/01/2015 to 12/31/2015 12.973106 13.514614 44,257.5165
01/01/2016 to 12/31/2016 13.514614 14.423545 40,760.4287
01/01/2017 to 12/31/2017 14.423545 18.047748 39,157.6068
01/01/2018 to 12/31/2018 18.047748 17.564723 44,060.3168
01/01/2019 to 12/31/2019 17.564723 22.395382 36,447.0599
01/01/2020 to 12/31/2020 22.395382 33.218664 43,971.6643
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.919631 9.722805 129,652.9560
01/01/2012 to 12/31/2012 9.722805 10.540983 133,332.7723
01/01/2013 to 12/31/2013 10.540983 11.705836 134,821.5233
01/01/2014 to 12/31/2014 11.705836 12.149013 134,470.8801
01/01/2015 to 12/31/2015 12.149013 11.798346 94,036.2443
01/01/2016 to 12/31/2016 11.798346 12.351057 89,044.8100
01/01/2017 to 12/31/2017 12.351057 13.649611 95,896.4067
01/01/2018 to 12/31/2018 13.649611 12.894996 94,482.6952
01/01/2019 to 12/31/2019 12.894996 14.652485 91,633.9609
01/01/2020 to 12/31/2020 14.652485 16.194835 47,597.0081
71

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
AQR Global Risk Balanced Sub-Account (Class B)
04/30/2012 to 12/31/2012 11.061450 11.404244 115,104.4612
01/01/2013 to 12/31/2013 11.404244 10.777728 64,490.2534
01/01/2014 to 12/31/2014 10.777728 10.964671 69,290.3072
01/01/2015 to 12/31/2015 10.964671 9.699167 73,213.6021
01/01/2016 to 12/31/2016 9.699167 10.338376 33,111.3682
01/01/2017 to 12/31/2017 10.338376 11.105457 23,971.8931
01/01/2018 to 12/31/2018 11.105457 10.172823 21,949.0757
01/01/2019 to 12/31/2019 10.172823 11.933579 20,654.9753
01/01/2020 to 12/31/2020 11.933579 12.026266 19,410.5917
BlackRock Global Tactical Strategies Sub-Account (Class B)
04/30/2012 to 12/31/2012 9.894088 10.159794 93,275.4358
01/01/2013 to 12/31/2013 10.159794 10.963277 87,367.9280
01/01/2014 to 12/31/2014 10.963277 11.359176 92,503.8531
01/01/2015 to 12/31/2015 11.359176 11.099891 110,908.9827
01/01/2016 to 12/31/2016 11.099891 11.339552 67,484.0918
01/01/2017 to 12/31/2017 11.339552 12.569868 52,050.1036
01/01/2018 to 12/31/2018 12.569868 11.411538 42,954.9085
01/01/2019 to 12/31/2019 11.411538 13.465731 40,715.7675
01/01/2020 to 12/31/2020 13.465731 13.739749 38,442.2611
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.513704 18.536366 18,177.7087
01/01/2012 to 12/31/2012 18.536366 21.130475 18,133.5083
01/01/2013 to 12/31/2013 21.130475 22.599990 30,867.7047
01/01/2014 to 12/31/2014 22.599990 22.836747 15,052.5545
01/01/2015 to 12/31/2015 22.836747 21.435628 13,682.6055
01/01/2016 to 12/31/2016 21.435628 23.900382 12,272.5707
01/01/2017 to 12/31/2017 23.900382 25.196074 11,005.2464
01/01/2018 to 12/31/2018 25.196074 23.936656 7,103.6754
01/01/2019 to 12/31/2019 23.936656 26.893845 8,333.7388
01/01/2020 to 12/31/2020 26.893845 28.281793 7,170.4422
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.045619 10.181589 249,857.9731
01/01/2012 to 12/31/2012 10.181589 11.626269 247,028.2471
01/01/2013 to 12/31/2013 11.626269 14.729326 286,898.1408
01/01/2014 to 12/31/2014 14.729326 15.142002 261,835.2432
01/01/2015 to 12/31/2015 15.142002 14.514996 259,273.0878
01/01/2016 to 12/31/2016 14.514996 15.474008 257,840.5402
01/01/2017 to 12/31/2017 15.474008 18.610199 254,104.6415
01/01/2018 to 12/31/2018 18.610199 16.370738 227,357.6303
01/01/2019 to 12/31/2019 16.370738 20.415601 215,130.3228
01/01/2020 to 12/31/2020 20.415601 23.747125 201,373.6079
Brighthouse Balanced Plus Sub-Account (Class B)
04/30/2012 to 12/31/2012 9.920830 10.325525 34,324.4100
01/01/2013 to 12/31/2013 10.325525 11.551525 71,170.9848
01/01/2014 to 12/31/2014 11.551525 12.390449 72,645.5513
01/01/2015 to 12/31/2015 12.390449 11.625355 38,490.0108
01/01/2016 to 12/31/2016 11.625355 12.323716 54,935.2889
01/01/2017 to 12/31/2017 12.323716 14.266596 86,149.1694
01/01/2018 to 12/31/2018 14.266596 12.927021 79,842.6865
01/01/2019 to 12/31/2019 12.927021 15.625816 48,704.4230
01/01/2020 to 12/31/2020 15.625816 17.198845 32,314.9752
72

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.692458 14.862668 78,506.0107
01/01/2012 to 12/31/2012 14.862668 17.152563 75,519.8746
01/01/2013 to 12/31/2013 17.152563 22.223982 86,627.4771
01/01/2014 to 12/31/2014 22.223982 22.113274 68,245.8954
01/01/2015 to 12/31/2015 22.113274 20.462031 60,778.2593
01/01/2016 to 12/31/2016 20.462031 26.273290 54,960.0026
01/01/2017 to 12/31/2017 26.273290 28.710291 46,551.8357
01/01/2018 to 12/31/2018 28.710291 23.803960 43,273.1738
01/01/2019 to 12/31/2019 23.803960 29.987046 40,347.6490
01/01/2020 to 12/31/2020 29.987046 29.164808 38,404.1890
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.111688 9.632356 120,519.6822
01/01/2012 to 12/31/2012 9.632356 11.202058 117,568.1857
01/01/2013 to 12/31/2013 11.202058 10.412422 86,660.3325
01/01/2014 to 12/31/2014 10.412422 9.521556 77,740.3896
01/01/2015 to 12/31/2015 9.521556 8.027666 59,554.9426
01/01/2016 to 12/31/2016 8.027666 8.756263 96,571.5609
01/01/2017 to 12/31/2017 8.756263 10.993013 88,539.0056
01/01/2018 to 12/31/2018 10.993013 9.227523 79,045.8560
01/01/2019 to 12/31/2019 9.227523 10.899730 77,691.6769
01/01/2020 to 12/31/2020 10.899730 13.572490 69,364.5055
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.167529 10.146507 3,964.9517
01/01/2012 to 12/31/2012 10.146507 10.652134 3,802.7917
01/01/2013 to 12/31/2013 10.652134 10.820093 11,339.3588
01/01/2014 to 12/31/2014 10.820093 10.662557 7,080.9023
01/01/2015 to 12/31/2015 10.662557 10.343429 5,076.7348
01/01/2016 to 12/31/2016 10.343429 11.056231 9,510.5267
01/01/2017 to 12/31/2017 11.056231 11.214053 8,158.0309
01/01/2018 to 12/31/2018 11.214053 11.002770 14,458.4009
01/01/2019 to 12/31/2019 11.002770 11.519814 10,537.5481
01/01/2020 to 12/31/2020 11.519814 11.500831 7,787.6903
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.986988 9.714258 0.0000
01/01/2012 to 12/31/2012 9.714258 9.919665 3,148.4319
01/01/2013 to 12/31/2013 9.919665 9.816446 3,273.3319
01/01/2014 to 12/31/2014 9.816446 9.704415 6,522.0982
01/01/2015 to 12/31/2015 9.704415 9.434146 1,174.8712
01/01/2016 to 12/31/2016 9.434146 9.518043 1,174.8712
01/01/2017 to 12/31/2017 9.518043 9.435484 0.0000
01/01/2018 to 12/31/2018 9.435484 9.269343 0.0000
01/01/2019 to 12/31/2019 9.269343 9.488021 6,618.2859
01/01/2020 to 12/31/2020 9.488021 9.478072 5,845.8199
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.039017 11.738652 0.0000
01/01/2012 to 12/31/2012 11.738652 13.122429 0.0000
01/01/2013 to 12/31/2013 13.122429 12.970052 0.0000
01/01/2014 to 12/31/2014 12.970052 12.832512 0.0000
01/01/2015 to 12/31/2015 12.832512 12.031019 0.0000
01/01/2016 to 12/31/2016 12.031019 11.872160 0.0000
01/01/2017 to 12/31/2017 11.872160 11.630756 0.0000
01/01/2018 to 12/31/2018 11.630756 11.490410 0.0000
01/01/2019 to 12/31/2019 11.490410 11.371618 0.0000
01/01/2020 to 12/31/2020 11.371618 10.466386 0.0000
73

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.520276 12.487717 46,565.9072
01/01/2012 to 12/31/2012 12.487717 15.389237 46,122.9799
01/01/2013 to 12/31/2013 15.389237 15.588107 257,204.3173
01/01/2014 to 12/31/2014 15.588107 17.272096 244,232.5595
01/01/2015 to 12/31/2015 17.272096 16.659404 66,741.3465
01/01/2016 to 12/31/2016 16.659404 16.439410 65,270.9745
01/01/2017 to 12/31/2017 16.439410 17.810833 62,021.0034
01/01/2018 to 12/31/2018 17.810833 15.914852 27,790.3349
01/01/2019 to 12/31/2019 15.914852 19.431232 25,581.8649
01/01/2020 to 12/31/2020 19.431232 18.053496 20,303.4102
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.762814 15.738457 149,804.4232
01/01/2012 to 12/31/2012 15.738457 19.897599 150,591.7479
01/01/2013 to 12/31/2013 19.897599 25.399575 120,818.0056
01/01/2014 to 12/31/2014 25.399575 23.408161 114,054.3307
01/01/2015 to 12/31/2015 23.408161 21.863195 91,352.7187
01/01/2016 to 12/31/2016 21.863195 23.136460 97,072.3864
01/01/2017 to 12/31/2017 23.136460 29.521880 85,110.3194
01/01/2018 to 12/31/2018 29.521880 21.953280 81,263.9885
01/01/2019 to 12/31/2019 21.953280 26.741163 75,557.0802
01/01/2020 to 12/31/2020 26.741163 27.496495 64,205.0123
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010580 1.042242 696,247.4769
01/01/2013 to 12/31/2013 1.042242 1.038538 1,076,462.8628
01/01/2014 to 12/31/2014 1.038538 1.072636 1,212,909.5719
01/01/2015 to 12/31/2015 1.072636 1.005168 1,169,080.2172
01/01/2016 to 12/31/2016 1.005168 1.098508 901,236.6687
01/01/2017 to 12/31/2017 1.098508 1.182144 752,145.8958
01/01/2018 to 12/31/2018 1.182144 1.081869 723,162.7360
01/01/2019 to 12/31/2019 1.081869 1.220041 702,412.9426
01/01/2020 to 12/31/2020 1.220041 1.314397 678,898.8799
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.839688 9.483231 78,676.0882
01/01/2012 to 12/31/2012 9.483231 10.985717 81,159.4604
01/01/2013 to 12/31/2013 10.985717 14.549885 65,215.2620
01/01/2014 to 12/31/2014 14.549885 15.558707 63,791.7590
01/01/2015 to 12/31/2015 15.558707 14.311294 50,682.4756
01/01/2016 to 12/31/2016 14.311294 16.421591 46,402.0096
01/01/2017 to 12/31/2017 16.421591 18.960390 42,954.1928
01/01/2018 to 12/31/2018 18.960390 16.291216 35,369.0220
01/01/2019 to 12/31/2019 16.291216 19.913904 31,073.8581
01/01/2020 to 12/31/2020 19.913904 19.380758 30,905.4792
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.956905 14.473874 44,362.5459
01/01/2012 to 12/31/2012 14.473874 16.738361 35,980.9244
01/01/2013 to 12/31/2013 16.738361 22.952888 38,491.2875
01/01/2014 to 12/31/2014 22.952888 24.229663 33,165.1234
01/01/2015 to 12/31/2015 24.229663 23.297109 29,710.5047
01/01/2016 to 12/31/2016 23.297109 25.396176 42,051.9583
01/01/2017 to 12/31/2017 25.396176 31.139063 41,542.0879
01/01/2018 to 12/31/2018 31.139063 27.701777 44,539.2050
01/01/2019 to 12/31/2019 27.701777 33.713586 44,177.9702
01/01/2020 to 12/31/2020 33.713586 51.698463 39,921.7176
74

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.791288 10.209925 14,192.7477
01/01/2014 to 12/31/2014 10.209925 10.496346 15,772.5060
01/01/2015 to 12/31/2015 10.496346 10.317531 15,780.8731
01/01/2016 to 12/31/2016 10.317531 10.318093 25,515.5461
01/01/2017 to 12/31/2017 10.318093 10.428466 16,496.4382
01/01/2018 to 12/31/2018 10.428466 10.202509 12,224.3060
01/01/2019 to 12/31/2019 10.202509 10.800388 16,218.8808
01/01/2020 to 12/31/2020 10.800388 11.398588 11,865.3008
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.135640 10.489688 27,906.0394
01/01/2012 to 12/31/2012 10.489688 10.764647 40,310.2009
01/01/2013 to 04/26/2013 10.764647 10.736012 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012635 1.044277 0.0000
01/01/2013 to 12/31/2013 1.044277 1.133792 0.0000
01/01/2014 to 12/31/2014 1.133792 1.186490 12,477.0359
01/01/2015 to 12/31/2015 1.186490 1.171051 718,451.0582
01/01/2016 to 12/31/2016 1.171051 1.178825 666,025.3396
01/01/2017 to 12/31/2017 1.178825 1.345348 611,792.1660
01/01/2018 to 12/31/2018 1.345348 1.221323 517,208.8921
01/01/2019 to 12/31/2019 1.221323 1.396816 491,588.0034
01/01/2020 to 12/31/2020 1.396816 1.533397 503,343.4153
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996741 1.034678 0.0000
01/01/2015 to 12/31/2015 1.034678 1.002206 0.0000
01/01/2016 to 12/31/2016 1.002206 0.999957 0.0000
01/01/2017 to 12/31/2017 0.999957 1.129775 0.0000
01/01/2018 to 04/30/2018 1.129775 1.098891 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.564008 12.108903 21,926.7452
01/01/2012 to 12/31/2012 12.108903 13.849513 18,070.0537
01/01/2013 to 12/31/2013 13.849513 15.868774 10,670.2516
01/01/2014 to 12/31/2014 15.868774 16.061684 12,590.6065
01/01/2015 to 12/31/2015 16.061684 15.905055 11,276.0792
01/01/2016 to 12/31/2016 15.905055 16.302253 19,841.3439
01/01/2017 to 12/31/2017 16.302253 19.611836 13,314.1968
01/01/2018 to 12/31/2018 19.611836 18.149134 12,719.2841
01/01/2019 to 12/31/2019 18.149134 22.641154 12,857.8459
01/01/2020 to 12/31/2020 22.641154 25.422410 11,283.9265
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 7.105657 7.177090 93,222.2721
01/01/2012 to 12/31/2012 7.177090 8.319389 85,073.3946
01/01/2013 to 12/31/2013 8.319389 11.849741 94,705.2038
01/01/2014 to 12/31/2014 11.849741 13.781969 82,683.6888
01/01/2015 to 12/31/2015 13.781969 12.937806 102,169.9600
01/01/2016 to 12/31/2016 12.937806 12.995520 83,871.9020
01/01/2017 to 12/31/2017 12.995520 15.053926 80,288.7137
01/01/2018 to 12/31/2018 15.053926 13.685175 77,482.2667
01/01/2019 to 12/31/2019 13.685175 16.542688 72,380.6466
01/01/2020 to 12/31/2020 16.542688 21.397271 66,193.5702
75

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 123.492816 111.695374 754.9700
01/01/2012 to 12/31/2012 111.695374 133.852189 245.8101
01/01/2013 to 12/31/2013 133.852189 168.632516 242.0176
01/01/2014 to 04/25/2014 168.632516 175.156313 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.406271 6.794109 0.0000
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.755316 11.185657 0.0000
01/01/2014 to 12/31/2014 11.185657 11.955623 0.0000
01/01/2015 to 12/31/2015 11.955623 11.553721 47,144.0862
01/01/2016 to 12/31/2016 11.553721 11.795271 47,172.5712
01/01/2017 to 12/31/2017 11.795271 13.332965 44,849.8641
01/01/2018 to 12/31/2018 13.332965 12.104166 36,970.2152
01/01/2019 to 12/31/2019 12.104166 14.411557 34,994.4432
01/01/2020 to 12/31/2020 14.411557 15.021634 33,398.4652
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.643664 11.917182 123,710.6553
01/01/2012 to 12/31/2012 11.917182 13.604147 128,141.2355
01/01/2013 to 12/31/2013 13.604147 15.871003 95,926.0748
01/01/2014 to 12/31/2014 15.871003 14.446613 94,123.5565
01/01/2015 to 12/31/2015 14.446613 13.881520 85,263.3406
01/01/2016 to 12/31/2016 13.881520 13.460577 75,172.3297
01/01/2017 to 12/31/2017 13.460577 16.876169 68,408.5551
01/01/2018 to 12/31/2018 16.876169 14.196469 63,005.3661
01/01/2019 to 12/31/2019 14.196469 17.819782 58,194.8429
01/01/2020 to 12/31/2020 17.819782 19.699949 57,240.0754
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999699 1.029884 0.0000
01/01/2015 to 12/31/2015 1.029884 0.952289 23,703.4203
01/01/2016 to 12/31/2016 0.952289 1.035192 34,237.8593
01/01/2017 to 12/31/2017 1.035192 1.140312 14,816.2390
01/01/2018 to 12/31/2018 1.140312 1.030681 0.0000
01/01/2019 to 12/31/2019 1.030681 1.230015 0.0000
01/01/2020 to 12/31/2020 1.230015 1.345736 0.0000
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.955862 14.086822 257,010.6643
01/01/2012 to 12/31/2012 14.086822 15.036974 246,913.0228
01/01/2013 to 12/31/2013 15.036974 13.345355 198,115.2999
01/01/2014 to 12/31/2014 13.345355 13.432653 181,018.1609
01/01/2015 to 12/31/2015 13.432653 12.731644 136,745.2286
01/01/2016 to 12/31/2016 12.731644 13.075339 126,555.1781
01/01/2017 to 12/31/2017 13.075339 13.235169 118,390.0011
01/01/2018 to 12/31/2018 13.235169 12.633722 120,102.1288
01/01/2019 to 12/31/2019 12.633722 13.380958 75,994.1603
01/01/2020 to 12/31/2020 13.380958 14.599838 65,694.6422
76

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.405575 15.548946 179,353.7688
01/01/2012 to 12/31/2012 15.548946 16.618896 189,488.0085
01/01/2013 to 12/31/2013 16.618896 15.945861 123,191.7464
01/01/2014 to 12/31/2014 15.945861 16.252771 173,404.9850
01/01/2015 to 12/31/2015 16.252771 15.899898 97,584.4303
01/01/2016 to 12/31/2016 15.899898 15.959846 110,009.7246
01/01/2017 to 12/31/2017 15.959846 16.316216 88,519.0437
01/01/2018 to 12/31/2018 16.316216 15.922565 75,585.0997
01/01/2019 to 12/31/2019 15.922565 16.894134 54,894.3871
01/01/2020 to 12/31/2020 16.894134 17.932476 51,176.1404
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.213865 10.693058 0.0000
01/01/2014 to 12/31/2014 10.693058 11.364266 18,006.6226
01/01/2015 to 12/31/2015 11.364266 10.977845 16,522.6962
01/01/2016 to 12/31/2016 10.977845 11.229308 14,995.1001
01/01/2017 to 12/31/2017 11.229308 12.795187 13,584.4504
01/01/2018 to 04/30/2018 12.795187 12.205635 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010613 1.062291 0.0000
01/01/2013 to 12/31/2013 1.062291 1.144248 0.0000
01/01/2014 to 12/31/2014 1.144248 1.205978 12,285.9902
01/01/2015 to 12/31/2015 1.205978 1.169364 739,281.2350
01/01/2016 to 12/31/2016 1.169364 1.208588 680,159.9960
01/01/2017 to 12/31/2017 1.208588 1.351394 611,199.4901
01/01/2018 to 12/31/2018 1.351394 1.197254 620,967.4303
01/01/2019 to 12/31/2019 1.197254 1.422925 583,101.1853
01/01/2020 to 12/31/2020 1.422925 1.421213 577,292.2639
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.201756 11.074793 59,396.4761
01/01/2012 to 12/31/2012 11.074793 12.224092 60,514.6172
01/01/2013 to 12/31/2013 12.224092 13.504487 61,545.5943
01/01/2014 to 12/31/2014 13.504487 13.978411 65,920.3288
01/01/2015 to 12/31/2015 13.978411 13.405758 80,675.1849
01/01/2016 to 12/31/2016 13.405758 13.872604 76,380.0304
01/01/2017 to 12/31/2017 13.872604 15.724032 74,106.6962
01/01/2018 to 12/31/2018 15.724032 14.377205 70,164.3070
01/01/2019 to 12/31/2019 14.377205 16.822310 69,239.0767
01/01/2020 to 12/31/2020 16.822310 18.072427 37,854.6618
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.797232 10.337860 97,907.1560
01/01/2012 to 12/31/2012 10.337860 11.631841 92,553.3515
01/01/2013 to 12/31/2013 11.631841 13.435197 89,559.1101
01/01/2014 to 12/31/2014 13.435197 13.849790 93,279.0811
01/01/2015 to 12/31/2015 13.849790 13.235272 173,245.5313
01/01/2016 to 12/31/2016 13.235272 13.838014 168,416.0263
01/01/2017 to 12/31/2017 13.838014 16.196116 165,848.9753
01/01/2018 to 12/31/2018 16.196116 14.455992 183,811.8380
01/01/2019 to 12/31/2019 14.455992 17.315287 175,107.1765
01/01/2020 to 12/31/2020 17.315287 18.758140 157,414.6008
77

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 46.104835 43.294716 31,598.1990
01/01/2012 to 12/31/2012 43.294716 49.961415 28,724.4671
01/01/2013 to 12/31/2013 49.961415 65.382408 24,742.7755
01/01/2014 to 12/31/2014 65.382408 72.453948 23,689.1697
01/01/2015 to 12/31/2015 72.453948 68.335562 23,494.6660
01/01/2016 to 12/31/2016 68.335562 77.506999 22,332.3503
01/01/2017 to 12/31/2017 77.506999 88.676616 22,421.1569
01/01/2018 to 12/31/2018 88.676616 78.792132 19,104.7982
01/01/2019 to 12/31/2019 78.792132 97.516188 18,157.9474
01/01/2020 to 12/31/2020 97.516188 98.125487 18,195.2200
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.856625 9.483678 125,751.8107
01/01/2012 to 12/31/2012 9.483678 10.545524 121,086.5331
01/01/2013 to 12/31/2013 10.545524 14.089700 110,663.7066
01/01/2014 to 12/31/2014 14.089700 15.543858 106,686.9607
01/01/2015 to 12/31/2015 15.543858 16.220374 120,205.3714
01/01/2016 to 12/31/2016 16.220374 16.853696 128,846.7008
01/01/2017 to 12/31/2017 16.853696 20.567783 100,481.9771
01/01/2018 to 12/31/2018 20.567783 19.676839 109,249.2848
01/01/2019 to 12/31/2019 19.676839 25.228930 94,942.3247
01/01/2020 to 12/31/2020 25.228930 30.580926 93,356.6458
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 23.028309 21.695017 2,473.3135
01/01/2012 to 12/31/2012 21.695017 24.339394 2,544.2070
01/01/2013 to 12/31/2013 24.339394 31.025597 2,502.9222
01/01/2014 to 12/31/2014 31.025597 33.277255 3,056.5058
01/01/2015 to 12/31/2015 33.277255 29.629267 2,244.9119
01/01/2016 to 12/31/2016 29.629267 33.478346 9,927.7286
01/01/2017 to 12/31/2017 33.478346 35.855170 1,734.0769
01/01/2018 to 12/31/2018 35.855170 31.511823 583.5301
01/01/2019 to 12/31/2019 31.511823 39.761207 1,599.1344
01/01/2020 to 12/31/2020 39.761207 41.864813 462.9820
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.715794 13.490148 64,065.2638
01/01/2012 to 12/31/2012 13.490148 15.585826 64,913.4923
01/01/2013 to 12/31/2013 15.585826 20.224961 60,554.1209
01/01/2014 to 12/31/2014 20.224961 22.402203 58,446.3371
01/01/2015 to 12/31/2015 22.402203 19.916257 79,562.8897
01/01/2016 to 12/31/2016 19.916257 22.051399 68,110.2532
01/01/2017 to 12/31/2017 22.051399 23.900669 64,926.7278
01/01/2018 to 12/31/2018 23.900669 20.270431 58,035.8337
01/01/2019 to 12/31/2019 20.270431 26.875234 54,050.2610
01/01/2020 to 12/31/2020 26.875234 27.002494 49,225.8979
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
04/30/2012 to 12/31/2012 10.686059 10.793183 6,165.0326
01/01/2013 to 12/31/2013 10.793183 10.081120 4,189.8909
01/01/2014 to 12/31/2014 10.081120 10.606986 4,183.9333
01/01/2015 to 12/31/2015 10.606986 10.420799 6,677.0371
01/01/2016 to 12/31/2016 10.420799 10.328333 14,398.9715
01/01/2017 to 12/31/2017 10.328333 10.366897 9,948.9020
01/01/2018 to 12/31/2018 10.366897 10.133502 9,169.5118
01/01/2019 to 12/31/2019 10.133502 10.655848 8,414.4672
01/01/2020 to 12/31/2020 10.655848 11.223586 7,713.2734
78

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 8.795602 9.600403 26,712.1953
01/01/2014 to 12/31/2014 9.600403 9.077477 22,632.1053
01/01/2015 to 12/31/2015 9.077477 8.687212 21,514.4135
01/01/2016 to 12/31/2016 8.687212 8.927415 20,924.3630
01/01/2017 to 12/31/2017 8.927415 11.780967 20,166.4585
01/01/2018 to 12/31/2018 11.780967 9.542069 31,839.2223
01/01/2019 to 12/31/2019 9.542069 12.359440 29,720.4177
01/01/2020 to 12/31/2020 12.359440 15.264625 29,333.0222
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.781125 7.363178 29,894.1699
01/01/2012 to 12/31/2012 7.363178 8.458381 29,071.7905
01/01/2013 to 04/26/2013 8.458381 8.750241 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.949497 9.733572 295,643.8217
01/01/2012 to 12/31/2012 9.733572 9.520611 311,225.8001
01/01/2013 to 12/31/2013 9.520611 9.313433 229,754.4147
01/01/2014 to 12/31/2014 9.313433 9.110763 214,550.8101
01/01/2015 to 12/31/2015 9.110763 8.912503 228,095.2274
01/01/2016 to 12/31/2016 8.912503 8.728335 215,601.0483
01/01/2017 to 12/31/2017 8.728335 8.593106 200,293.6782
01/01/2018 to 12/31/2018 8.593106 8.535292 247,174.2570
01/01/2019 to 12/31/2019 8.535292 8.506379 110,558.2715
01/01/2020 to 12/31/2020 8.506379 8.336760 90,483.9315
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.038480 13.224989 13,225.3786
01/01/2015 to 12/31/2015 13.224989 12.861441 12,089.8379
01/01/2016 to 12/31/2016 12.861441 13.151543 19,371.4096
01/01/2017 to 12/31/2017 13.151543 13.758087 11,548.9607
01/01/2018 to 12/31/2018 13.758087 13.105689 24,769.1920
01/01/2019 to 12/31/2019 13.105689 14.325190 22,327.4153
01/01/2020 to 12/31/2020 14.325190 15.346251 23,136.1506
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.505777 11.455793 692,201.5385
01/01/2012 to 12/31/2012 11.455793 12.427921 671,456.9813
01/01/2013 to 12/31/2013 12.427921 13.261351 553,007.7837
01/01/2014 to 04/25/2014 13.261351 13.336793 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.567354 11.302961 1,244,062.4160
01/01/2012 to 12/31/2012 11.302961 12.426058 1,126,756.4022
01/01/2013 to 12/31/2013 12.426058 13.884938 1,124,914.4234
01/01/2014 to 04/25/2014 13.884938 13.911303 0.0000
79

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.334382 13.633504 1,461,488.2306
01/01/2015 to 12/31/2015 13.633504 13.193662 1,247,658.9675
01/01/2016 to 12/31/2016 13.193662 13.692308 1,209,587.1332
01/01/2017 to 12/31/2017 13.692308 14.820762 1,142,088.8611
01/01/2018 to 12/31/2018 14.820762 13.858474 1,104,655.9876
01/01/2019 to 12/31/2019 13.858474 15.671271 923,322.4666
01/01/2020 to 12/31/2020 15.671271 17.021453 616,672.7620
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.356297 10.920513 1,782,780.6508
01/01/2012 to 12/31/2012 10.920513 12.169778 1,496,752.5847
01/01/2013 to 12/31/2013 12.169778 14.216833 1,476,404.3879
01/01/2014 to 04/25/2014 14.216833 14.200961 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.198394 14.626900 1,554,742.4804
01/01/2015 to 12/31/2015 14.626900 14.127177 1,276,272.7580
01/01/2016 to 12/31/2016 14.127177 14.801720 1,054,711.9001
01/01/2017 to 12/31/2017 14.801720 16.613757 978,418.6481
01/01/2018 to 12/31/2018 16.613757 15.254929 813,640.1333
01/01/2019 to 12/31/2019 15.254929 17.821579 774,996.6930
01/01/2020 to 12/31/2020 17.821579 19.847294 716,519.9475
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.246887 10.576445 1,746,098.4948
01/01/2012 to 12/31/2012 10.576445 11.971431 1,636,728.8157
01/01/2013 to 12/31/2013 11.971431 14.745861 1,546,583.2724
01/01/2014 to 04/25/2014 14.745861 14.649286 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.469607 9.100861 52,750.7088
01/01/2012 to 12/31/2012 9.100861 10.337166 50,348.1244
01/01/2013 to 04/26/2013 10.337166 11.100256 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 14.636277 15.164995 1,416,196.8539
01/01/2015 to 12/31/2015 15.164995 14.583335 1,409,779.2357
01/01/2016 to 12/31/2016 14.583335 15.427381 1,276,945.8734
01/01/2017 to 12/31/2017 15.427381 17.984665 1,164,833.6115
01/01/2018 to 12/31/2018 17.984665 16.164055 1,104,725.2410
01/01/2019 to 12/31/2019 16.164055 19.564317 966,703.3820
01/01/2020 to 12/31/2020 19.564317 22.313396 854,760.3049
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.045574 13.590610 70,717.6998
01/01/2012 to 12/31/2012 13.590610 14.832929 64,093.7791
01/01/2013 to 12/31/2013 14.832929 19.807895 55,444.9266
01/01/2014 to 12/31/2014 19.807895 19.701170 51,433.7611
01/01/2015 to 12/31/2015 19.701170 17.409710 44,416.3280
01/01/2016 to 12/31/2016 17.409710 20.888777 46,126.7830
01/01/2017 to 12/31/2017 20.888777 22.998051 35,968.3451
01/01/2018 to 12/31/2018 22.998051 19.476451 34,562.2573
01/01/2019 to 12/31/2019 19.476451 23.518415 30,424.5284
01/01/2020 to 12/31/2020 23.518415 24.381110 31,912.5122
80

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.947280 13.884521 3,054.3856
01/01/2012 to 12/31/2012 13.884521 16.012469 3,384.1097
01/01/2013 to 12/31/2013 16.012469 19.987824 6,189.7846
01/01/2014 to 12/31/2014 19.987824 18.243826 6,074.7901
01/01/2015 to 12/31/2015 18.243826 18.873924 2,693.2639
01/01/2016 to 12/31/2016 18.873924 19.538999 2,315.1899
01/01/2017 to 12/31/2017 19.538999 24.935135 4,130.2858
01/01/2018 to 12/31/2018 24.935135 19.374226 6,226.1908
01/01/2019 to 12/31/2019 19.374226 23.318385 5,828.6725
01/01/2020 to 12/31/2020 23.318385 24.814801 2,744.9766
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 43.530110 44.072539 514.6916
01/01/2017 to 12/31/2017 44.072539 51.226294 712.7090
01/01/2018 to 12/31/2018 51.226294 49.928464 712.6028
01/01/2019 to 12/31/2019 49.928464 63.809502 1,046.3422
01/01/2020 to 12/31/2020 63.809502 69.265486 2,134.0157
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 16.400985 15.263076 0.0000
01/01/2012 to 12/31/2012 15.263076 16.478515 0.0000
01/01/2013 to 12/31/2013 16.478515 21.393518 0.0000
01/01/2014 to 12/31/2014 21.393518 23.215767 0.0000
01/01/2015 to 12/31/2015 23.215767 22.653643 0.0000
01/01/2016 to 04/29/2016 22.653643 22.735215 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 12.097525 11.340196 222,337.1645
01/01/2012 to 12/31/2012 11.340196 12.501071 203,277.7923
01/01/2013 to 12/31/2013 12.501071 16.329410 183,018.9609
01/01/2014 to 12/31/2014 16.329410 17.642825 164,406.3725
01/01/2015 to 12/31/2015 17.642825 17.650102 150,678.6610
01/01/2016 to 12/31/2016 17.650102 18.500972 134,945.1713
01/01/2017 to 12/31/2017 18.500972 21.524003 120,119.6865
01/01/2018 to 12/31/2018 21.524003 21.000533 102,710.8981
01/01/2019 to 12/31/2019 21.000533 26.865180 94,173.8457
01/01/2020 to 12/31/2020 26.865180 29.190748 74,606.8579
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 13.977234 16.572746 40,299.3106
01/01/2014 to 12/31/2014 16.572746 17.975330 34,378.9043
01/01/2015 to 12/31/2015 17.975330 18.042091 28,569.8827
01/01/2016 to 12/31/2016 18.042091 18.559803 30,854.8911
01/01/2017 to 12/31/2017 18.559803 22.684708 27,948.9023
01/01/2018 to 12/31/2018 22.684708 20.878867 25,902.1777
01/01/2019 to 12/31/2019 20.878867 27.131699 23,918.5557
01/01/2020 to 12/31/2020 27.131699 34.869464 20,457.6105
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 13.745245 12.442847 55,656.6032
01/01/2012 to 12/31/2012 12.442847 12.903288 53,111.4891
01/01/2013 to 04/26/2013 12.903288 13.887869 0.0000
81

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.581157 11.354781 86,779.9874
01/01/2012 to 12/31/2012 11.354781 12.834325 138,232.1947
01/01/2013 to 12/31/2013 12.834325 17.166925 132,663.5084
01/01/2014 to 12/31/2014 17.166925 18.261673 129,669.3350
01/01/2015 to 12/31/2015 18.261673 19.747127 130,585.3632
01/01/2016 to 12/31/2016 19.747127 19.292357 120,405.8755
01/01/2017 to 12/31/2017 19.292357 25.855131 106,386.4438
01/01/2018 to 12/31/2018 25.855131 25.318111 95,037.5229
01/01/2019 to 12/31/2019 25.318111 32.815397 90,742.4634
01/01/2020 to 12/31/2020 32.815397 50.196993 78,982.6729
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.723872 7.265988 0.0000
01/01/2012 to 12/31/2012 7.265988 8.007763 1,566.0014
01/01/2013 to 04/26/2013 8.007763 8.583807 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.908215 7.629672 97,608.1211
01/01/2012 to 04/27/2012 7.629672 8.561031 0.0000
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 14.107038 14.787710 3,543.2744
01/01/2012 to 12/31/2012 14.787710 14.982516 11,624.6037
01/01/2013 to 12/31/2013 14.982516 14.279748 6,384.3429
01/01/2014 to 12/31/2014 14.279748 14.731714 6,460.0668
01/01/2015 to 12/31/2015 14.731714 14.403020 43,148.4653
01/01/2016 to 12/31/2016 14.403020 14.383592 12,279.6456
01/01/2017 to 12/31/2017 14.383592 14.484816 12,033.3411
01/01/2018 to 12/31/2018 14.484816 14.098331 10,258.1063
01/01/2019 to 12/31/2019 14.098331 14.942193 9,804.8059
01/01/2020 to 12/31/2020 14.942193 15.623109 42,598.9169
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 15.768575 15.080638 2,010.5815
01/01/2012 to 12/31/2012 15.080638 17.297802 896.4153
01/01/2013 to 12/31/2013 17.297802 22.463866 890.4430
01/01/2014 to 12/31/2014 22.463866 23.999448 950.4028
01/01/2015 to 12/31/2015 23.999448 22.848584 24,662.6857
01/01/2016 to 12/31/2016 22.848584 26.840283 26,698.9969
01/01/2017 to 12/31/2017 26.840283 30.354969 25,332.4169
01/01/2018 to 12/31/2018 30.354969 26.256973 22,062.3074
01/01/2019 to 12/31/2019 26.256973 32.245661 20,400.1007
01/01/2020 to 12/31/2020 32.245661 35.664087 17,737.5349
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 11.466372 9.797929 0.0000
01/01/2012 to 12/31/2012 9.797929 11.302969 0.0000
01/01/2013 to 12/31/2013 11.302969 13.427394 0.0000
01/01/2014 to 12/31/2014 13.427394 12.303624 0.0000
01/01/2015 to 12/31/2015 12.303624 11.878077 2,378.7896
01/01/2016 to 12/31/2016 11.878077 11.732162 508.5214
01/01/2017 to 12/31/2017 11.732162 14.294745 0.0000
01/01/2018 to 12/31/2018 14.294745 12.007159 0.0000
01/01/2019 to 12/31/2019 12.007159 14.280378 0.0000
01/01/2020 to 12/31/2020 14.280378 15.018861 0.0000
82

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 15.942282 14.921040 852.2103
01/01/2012 to 12/31/2012 14.921040 16.921936 1,541.4557
01/01/2013 to 12/31/2013 16.921936 22.864437 2,384.3091
01/01/2014 to 12/31/2014 22.864437 23.424836 2,155.5517
01/01/2015 to 12/31/2015 23.424836 21.875506 4,113.1350
01/01/2016 to 12/31/2016 21.875506 25.877547 4,000.6388
01/01/2017 to 12/31/2017 25.877547 28.935967 5,677.4408
01/01/2018 to 12/31/2018 28.935967 25.130978 5,360.9701
01/01/2019 to 12/31/2019 25.130978 30.779993 5,277.3786
01/01/2020 to 12/31/2020 30.779993 35.907113 4,467.1983
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.219650 11.155496 281,802.1315
01/01/2012 to 12/31/2012 11.155496 12.595054 219,556.3132
01/01/2013 to 12/31/2013 12.595054 16.226720 264,941.3348
01/01/2014 to 12/31/2014 16.226720 17.952901 240,830.4723
01/01/2015 to 12/31/2015 17.952901 17.722634 235,160.8466
01/01/2016 to 12/31/2016 17.722634 19.310438 239,213.8095
01/01/2017 to 12/31/2017 19.310438 22.902561 225,698.5418
01/01/2018 to 12/31/2018 22.902561 21.319127 167,686.5681
01/01/2019 to 12/31/2019 21.319127 27.278876 160,353.5054
01/01/2020 to 12/31/2020 27.278876 31.440417 149,964.2437
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 16.788938 19.511447 3,077.4948
01/01/2014 to 12/31/2014 19.511447 21.102844 3,344.6087
01/01/2015 to 12/31/2015 21.102844 20.568381 2,644.3491
01/01/2016 to 12/31/2016 20.568381 22.956999 10,110.3862
01/01/2017 to 12/31/2017 22.956999 26.407720 5,967.9792
01/01/2018 to 12/31/2018 26.407720 23.184425 6,185.3316
01/01/2019 to 12/31/2019 23.184425 29.448970 8,373.7822
01/01/2020 to 12/31/2020 29.448970 29.859795 6,174.6656
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.709116 8.473386 6,156.5690
01/01/2012 to 12/31/2012 8.473386 9.441471 5,835.7616
01/01/2013 to 04/26/2013 9.441471 10.316027 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 15.236632 18.924942 23,335.6995
01/01/2014 to 12/31/2014 18.924942 18.457456 26,266.4190
01/01/2015 to 12/31/2015 18.457456 18.124418 17,913.3004
01/01/2016 to 12/31/2016 18.124418 20.991411 12,077.5965
01/01/2017 to 12/31/2017 20.991411 23.716583 9,394.1643
01/01/2018 to 12/31/2018 23.716583 21.577018 10,077.9762
01/01/2019 to 12/31/2019 21.577018 27.314521 9,041.7387
01/01/2020 to 12/31/2020 27.314521 33.334133 7,599.1810
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.661117 13.585944 24,945.8212
01/01/2012 to 12/31/2012 13.585944 13.991164 25,087.0121
01/01/2013 to 04/26/2013 13.991164 15.131745 0.0000
83

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 6.596507 8.284519 103,201.2017
01/01/2014 to 12/31/2014 8.284519 8.819523 112,166.3583
01/01/2015 to 12/31/2015 8.819523 9.534603 138,975.6673
01/01/2016 to 12/31/2016 9.534603 9.470005 153,113.6036
01/01/2017 to 12/31/2017 9.470005 12.366055 144,912.2488
01/01/2018 to 12/31/2018 12.366055 11.955843 151,551.0302
01/01/2019 to 12/31/2019 11.955843 15.273425 134,289.9536
01/01/2020 to 12/31/2020 15.273425 20.414728 118,970.0608
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.509010 5.737545 141,689.9373
01/01/2012 to 12/31/2012 5.737545 6.292144 138,176.3833
01/01/2013 to 04/26/2013 6.292144 6.563115 0.0000
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.490188 15.072264 0.0000
01/01/2012 to 12/31/2012 15.072264 15.122648 0.0000
01/01/2013 to 12/31/2013 15.122648 16.384595 0.0000
01/01/2014 to 12/31/2014 16.384595 13.010724 0.0000
01/01/2015 to 12/31/2015 13.010724 8.558006 0.0000
01/01/2016 to 12/31/2016 8.558006 12.033687 0.0000
01/01/2017 to 12/31/2017 12.033687 11.685344 0.0000
01/01/2018 to 12/31/2018 11.685344 8.131733 0.0000
01/01/2019 to 12/31/2019 8.131733 8.937220 0.0000
01/01/2020 to 12/31/2020 8.937220 10.593701 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 25.249389 26.050625 53,341.9397
01/01/2017 to 12/31/2017 26.050625 27.506981 50,665.7629
01/01/2018 to 12/31/2018 27.506981 25.822441 47,880.0340
01/01/2019 to 12/31/2019 25.822441 28.856285 42,708.0124
01/01/2020 to 12/31/2020 28.856285 30.093394 35,687.4783
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 22.046418 22.529533 60,413.8000
01/01/2012 to 12/31/2012 22.529533 24.889981 59,878.6518
01/01/2013 to 12/31/2013 24.889981 26.291177 65,370.6210
01/01/2014 to 12/31/2014 26.291177 26.961082 66,922.9015
01/01/2015 to 12/31/2015 26.961082 25.800857 57,433.7664
01/01/2016 to 04/29/2016 25.800857 26.515211 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 25.764960 26.605841 2,306.4799
01/01/2017 to 12/31/2017 26.605841 28.106982 1,819.9639
01/01/2018 to 12/31/2018 28.106982 26.415511 1,596.7295
01/01/2019 to 12/31/2019 26.415511 29.535314 1,556.8626
01/01/2020 to 12/31/2020 29.535314 30.847807 1,534.9318
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 12.171413 12.318921 14,409.5008
01/01/2012 to 12/31/2012 12.318921 13.429785 8,548.0357
01/01/2013 to 12/31/2013 13.429785 13.322902 2,742.2054
01/01/2014 to 12/31/2014 13.322902 13.612017 9,529.8299
01/01/2015 to 12/31/2015 13.612017 13.121744 7,629.1434
01/01/2016 to 04/29/2016 13.121744 13.411812 0.0000
84

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.20% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.267862 15.723043 5,326.7689
01/01/2012 to 12/31/2012 15.723043 15.847828 7,580.8597
01/01/2013 to 12/31/2013 15.847828 15.362624 7,641.9879
01/01/2014 to 12/31/2014 15.362624 15.411573 5,200.5677
01/01/2015 to 12/31/2015 15.411573 15.122496 31,386.6814
01/01/2016 to 12/31/2016 15.122496 14.944514 4,688.7731
01/01/2017 to 12/31/2017 14.944514 14.865229 4,693.4370
01/01/2018 to 12/31/2018 14.865229 14.641433 6,550.0238
01/01/2019 to 12/31/2019 14.641433 15.150714 6,488.3608
01/01/2020 to 12/31/2020 15.150714 15.548104 12,201.7725
85

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Funds Trust I
AB Global Dynamic Allocation Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997534 9.680400 502.8491
01/01/2012 to 12/31/2012 9.680400 10.418413 4,887.8819
01/01/2013 to 12/31/2013 10.418413 11.322050 19,815.2797
01/01/2014 to 12/31/2014 11.322050 11.883609 19,575.6693
01/01/2015 to 12/31/2015 11.883609 11.686499 16,931.3886
01/01/2016 to 12/31/2016 11.686499 11.837398 7,625.3462
01/01/2017 to 12/31/2017 11.837398 13.151071 0.0000
01/01/2018 to 12/31/2018 13.151071 11.960712 0.0000
01/01/2019 to 12/31/2019 11.960712 13.808378 0.0000
01/01/2020 to 12/31/2020 13.808378 14.321991 0.0000
American Funds® Balanced Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.666442 9.250738 3,991.9689
01/01/2012 to 12/31/2012 9.250738 10.267432 16,017.9204
01/01/2013 to 12/31/2013 10.267432 11.899501 17,536.6464
01/01/2014 to 12/31/2014 11.899501 12.338549 12,801.5774
01/01/2015 to 12/31/2015 12.338549 11.978884 12,383.6295
01/01/2016 to 12/31/2016 11.978884 12.627103 1,713.4441
01/01/2017 to 12/31/2017 12.627103 14.428282 0.0000
01/01/2018 to 12/31/2018 14.428282 13.497282 0.0000
01/01/2019 to 12/31/2019 13.497282 15.773908 0.0000
01/01/2020 to 12/31/2020 15.773908 17.823256 0.0000
American Funds® Growth Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.194445 8.564775 8,303.2980
01/01/2012 to 12/31/2012 8.564775 9.726276 8,258.6668
01/01/2013 to 12/31/2013 9.726276 11.897720 10,843.8116
01/01/2014 to 12/31/2014 11.897720 12.376083 10,804.5751
01/01/2015 to 12/31/2015 12.376083 12.009242 10,765.8009
01/01/2016 to 12/31/2016 12.009242 12.794007 10,722.0973
01/01/2017 to 12/31/2017 12.794007 15.180666 8,054.3185
01/01/2018 to 12/31/2018 15.180666 13.984784 8,014.9653
01/01/2019 to 12/31/2019 13.984784 16.905609 7,975.0506
01/01/2020 to 12/31/2020 16.905609 19.326078 7,929.6125
American Funds® Growth Sub-Account (Class C)
01/01/2011 to 12/31/2011 8.996246 8.391709 1,205.0366
01/01/2012 to 12/31/2012 8.391709 9.632594 1,138.7477
01/01/2013 to 12/31/2013 9.632594 12.223653 1,075.6749
01/01/2014 to 12/31/2014 12.223653 12.929764 1,004.7403
01/01/2015 to 12/31/2015 12.929764 13.462729 934.6954
01/01/2016 to 12/31/2016 13.462729 14.360989 876.1978
01/01/2017 to 12/31/2017 14.360989 17.960522 766.5543
01/01/2018 to 12/31/2018 17.960522 17.471041 702.7563
01/01/2019 to 12/31/2019 17.471041 22.264801 497.0916
01/01/2020 to 12/31/2020 22.264801 33.008444 433.5526
86

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
American Funds® Moderate Allocation Sub-Account (Class C)
01/01/2011 to 12/31/2011 9.906306 9.704902 0.0000
01/01/2012 to 12/31/2012 9.704902 10.516287 0.0000
01/01/2013 to 12/31/2013 10.516287 11.672574 0.0000
01/01/2014 to 12/31/2014 11.672574 12.108435 0.0000
01/01/2015 to 12/31/2015 12.108435 11.753059 0.0000
01/01/2016 to 12/31/2016 11.753059 12.297498 0.0000
01/01/2017 to 12/31/2017 12.297498 13.583649 0.0000
01/01/2018 to 12/31/2018 13.583649 12.826227 0.0000
01/01/2019 to 12/31/2019 12.826227 14.567059 0.0000
01/01/2020 to 12/31/2020 14.567059 16.092347 0.0000
AQR Global Risk Balanced Sub-Account (Class B)
05/02/2011 to 12/31/2011 10.341112 10.542230 461.7410
01/01/2012 to 12/31/2012 10.542230 11.394519 4,473.2651
01/01/2013 to 12/31/2013 11.394519 10.763152 4,726.0464
01/01/2014 to 12/31/2014 10.763152 10.944367 7,422.0297
01/01/2015 to 12/31/2015 10.944367 9.676362 5,575.7264
01/01/2016 to 12/31/2016 9.676362 10.308913 0.0000
01/01/2017 to 12/31/2017 10.308913 11.068289 0.0000
01/01/2018 to 12/31/2018 11.068289 10.133676 0.0000
01/01/2019 to 12/31/2019 10.133676 11.881715 0.0000
01/01/2020 to 12/31/2020 11.881715 11.967997 0.0000
BlackRock Global Tactical Strategies Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997534 9.513839 22,159.2426
01/01/2012 to 12/31/2012 9.513839 10.151264 32,152.9201
01/01/2013 to 12/31/2013 10.151264 10.948598 38,659.5090
01/01/2014 to 12/31/2014 10.948598 11.338296 37,864.1015
01/01/2015 to 12/31/2015 11.338296 11.073946 13,986.1199
01/01/2016 to 12/31/2016 11.073946 11.307392 6,788.0430
01/01/2017 to 12/31/2017 11.307392 12.527972 0.0000
01/01/2018 to 12/31/2018 12.527972 11.367782 0.0000
01/01/2019 to 12/31/2019 11.367782 13.407394 0.0000
01/01/2020 to 12/31/2020 13.407394 13.673367 0.0000
BlackRock High Yield Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.381394 18.394717 158.4581
01/01/2012 to 12/31/2012 18.394717 20.958468 157.5746
01/01/2013 to 12/31/2013 20.958468 22.404817 803.2831
01/01/2014 to 12/31/2014 22.404817 22.628211 788.0108
01/01/2015 to 12/31/2015 22.628211 21.229264 772.6843
01/01/2016 to 12/31/2016 21.229264 23.658461 757.1678
01/01/2017 to 12/31/2017 23.658461 24.928606 84.6305
01/01/2018 to 12/31/2018 24.928606 23.670651 69.9128
01/01/2019 to 12/31/2019 23.670651 26.581687 55.6454
01/01/2020 to 12/31/2020 26.581687 27.939512 42.0303
Brighthouse Asset Allocation 100 Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.011629 10.145191 51,555.0633
01/01/2012 to 12/31/2012 10.145191 11.578885 51,513.7190
01/01/2013 to 12/31/2013 11.578885 14.661967 33,640.2677
01/01/2014 to 12/31/2014 14.661967 15.065219 33,606.7933
01/01/2015 to 12/31/2015 15.065219 14.434170 3,281.8071
01/01/2016 to 12/31/2016 14.434170 15.380149 3,242.6793
01/01/2017 to 12/31/2017 15.380149 18.488102 5,166.2529
01/01/2018 to 12/31/2018 18.488102 16.255151 3,668.0489
01/01/2019 to 12/31/2019 16.255151 20.261323 3,650.3829
01/01/2020 to 12/31/2020 20.261323 23.555858 3,422.3422
87

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Balanced Plus Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.997534 9.329821 521.7442
01/01/2012 to 12/31/2012 9.329821 10.316858 13,501.1369
01/01/2013 to 12/31/2013 10.316858 11.536060 14,298.8842
01/01/2014 to 12/31/2014 11.536060 12.367675 13,612.6074
01/01/2015 to 12/31/2015 12.367675 11.598184 11,151.5079
01/01/2016 to 12/31/2016 11.598184 12.288768 1,512.9110
01/01/2017 to 12/31/2017 12.288768 14.219050 0.0000
01/01/2018 to 12/31/2018 14.219050 12.877459 0.0000
01/01/2019 to 12/31/2019 12.877459 15.558127 0.0000
01/01/2020 to 12/31/2020 15.558127 17.115762 0.0000
Brighthouse Small Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.487642 14.672975 9,124.9430
01/01/2012 to 12/31/2012 14.672975 16.925137 8,640.8588
01/01/2013 to 12/31/2013 16.925137 21.918359 8,351.3264
01/01/2014 to 12/31/2014 21.918359 21.798267 6,149.4070
01/01/2015 to 12/31/2015 21.798267 20.160457 5,609.4410
01/01/2016 to 12/31/2016 20.160457 25.873135 4,604.2652
01/01/2017 to 12/31/2017 25.873135 28.258927 7,453.3830
01/01/2018 to 12/31/2018 28.258927 23.417941 4,442.5779
01/01/2019 to 12/31/2019 23.417941 29.486016 4,558.6236
01/01/2020 to 12/31/2020 29.486016 28.663136 5,434.1469
Brighthouse/Aberdeen Emerging Markets Equity Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.083368 9.605032 18,618.8973
01/01/2012 to 12/31/2012 9.605032 11.164670 18,628.8670
01/01/2013 to 12/31/2013 11.164670 10.372479 20,105.6056
01/01/2014 to 12/31/2014 10.372479 9.480285 19,956.4069
01/01/2015 to 12/31/2015 9.480285 7.988868 19,982.7366
01/01/2016 to 12/31/2016 7.988868 8.709588 19,179.3908
01/01/2017 to 12/31/2017 8.709588 10.928971 19,381.2685
01/01/2018 to 12/31/2018 10.928971 9.169148 21,053.7286
01/01/2019 to 12/31/2019 9.169148 10.825362 11,493.8129
01/01/2020 to 12/31/2020 10.825362 13.473126 11,520.2665
Brighthouse/Eaton Vance Floating Rate Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.164090 10.138018 0.0000
01/01/2012 to 12/31/2012 10.138018 10.637873 0.0000
01/01/2013 to 12/31/2013 10.637873 10.800206 1,310.4899
01/01/2014 to 12/31/2014 10.800206 10.637638 1,310.4899
01/01/2015 to 12/31/2015 10.637638 10.314096 1,310.4899
01/01/2016 to 12/31/2016 10.314096 11.019366 1,310.4899
01/01/2017 to 12/31/2017 11.019366 11.171090 0.0000
01/01/2018 to 12/31/2018 11.171090 10.955107 0.0000
01/01/2019 to 12/31/2019 10.955107 11.464177 0.0000
01/01/2020 to 12/31/2020 11.464177 11.439548 0.0000
Brighthouse/Franklin Low Duration Total Return Sub-Account (Class B)
05/02/2011 to 12/31/2011 9.986919 9.710971 0.0000
01/01/2012 to 12/31/2012 9.710971 9.911323 0.0000
01/01/2013 to 12/31/2013 9.911323 9.803288 3,288.0080
01/01/2014 to 12/31/2014 9.803288 9.686562 3,288.0080
01/01/2015 to 12/31/2015 9.686562 9.412081 3,288.0080
01/01/2016 to 12/31/2016 9.412081 9.491035 3,288.0080
01/01/2017 to 12/31/2017 9.491035 9.404020 3,288.0080
01/01/2018 to 12/31/2018 9.404020 9.233788 3,288.0080
01/01/2019 to 12/31/2019 9.233788 9.446903 3,288.0080
01/01/2020 to 12/31/2020 9.446903 9.432266 3,214.2841
88

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Templeton International Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.028967 11.723002 0.0000
01/01/2012 to 12/31/2012 11.723002 13.098349 0.0000
01/01/2013 to 12/31/2013 13.098349 12.939779 0.0000
01/01/2014 to 12/31/2014 12.939779 12.796158 0.0000
01/01/2015 to 12/31/2015 12.796158 11.990934 0.0000
01/01/2016 to 12/31/2016 11.990934 11.826689 0.0000
01/01/2017 to 12/31/2017 11.826689 11.580432 0.0000
01/01/2018 to 12/31/2018 11.580432 11.434940 0.0000
01/01/2019 to 12/31/2019 11.434940 11.311063 0.0000
01/01/2020 to 12/31/2020 11.311063 10.405430 0.0000
Clarion Global Real Estate Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.475242 12.439910 1,010.4784
01/01/2012 to 12/31/2012 12.439910 15.322621 961.6582
01/01/2013 to 12/31/2013 15.322621 15.512868 1,022.3267
01/01/2014 to 12/31/2014 15.512868 17.180138 962.4783
01/01/2015 to 12/31/2015 17.180138 16.562421 755.7615
01/01/2016 to 12/31/2016 16.562421 16.335543 773.9720
01/01/2017 to 12/31/2017 16.335543 17.689480 787.7840
01/01/2018 to 12/31/2018 17.689480 15.798466 770.4631
01/01/2019 to 12/31/2019 15.798466 19.279490 739.6640
01/01/2020 to 12/31/2020 19.279490 17.903525 747.9230
Harris Oakmark International Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.444657 15.463853 23,437.2710
01/01/2012 to 12/31/2012 15.463853 19.540605 21,385.3557
01/01/2013 to 12/31/2013 19.540605 24.931407 19,820.4189
01/01/2014 to 12/31/2014 24.931407 22.965207 19,834.1958
01/01/2015 to 12/31/2015 22.965207 21.438745 19,617.1583
01/01/2016 to 12/31/2016 21.438745 22.675950 18,299.4396
01/01/2017 to 12/31/2017 22.675950 28.919861 16,480.2857
01/01/2018 to 12/31/2018 28.919861 21.494776 16,912.5015
01/01/2019 to 12/31/2019 21.494776 26.169575 11,276.2346
01/01/2020 to 12/31/2020 26.169575 26.895265 11,977.1903
Invesco Balanced-Risk Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010572 1.041884 150,685.4710
01/01/2013 to 12/31/2013 1.041884 1.037662 60,906.6502
01/01/2014 to 12/31/2014 1.037662 1.071195 61,579.2219
01/01/2015 to 12/31/2015 1.071195 1.003316 59,052.9190
01/01/2016 to 12/31/2016 1.003316 1.095936 3,627.9724
01/01/2017 to 12/31/2017 1.095936 1.178788 0.0000
01/01/2018 to 12/31/2018 1.178788 1.078256 0.0000
01/01/2019 to 12/31/2019 1.078256 1.215358 0.0000
01/01/2020 to 12/31/2020 1.215358 1.308695 0.0000
Invesco Comstock Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.811786 9.451621 0.0000
01/01/2012 to 12/31/2012 9.451621 10.943598 0.0000
01/01/2013 to 12/31/2013 10.943598 14.486860 0.0000
01/01/2014 to 12/31/2014 14.486860 15.483566 0.0000
01/01/2015 to 12/31/2015 15.483566 14.235053 0.0000
01/01/2016 to 12/31/2016 14.235053 16.325943 0.0000
01/01/2017 to 12/31/2017 16.325943 18.840562 1,715.8157
01/01/2018 to 12/31/2018 18.840562 16.180113 0.0000
01/01/2019 to 12/31/2019 16.180113 19.768211 0.0000
01/01/2020 to 12/31/2020 19.768211 19.229316 0.0000
89

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Invesco Small Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.703293 14.221352 17,360.5542
01/01/2012 to 12/31/2012 14.221352 16.438068 15,529.5537
01/01/2013 to 12/31/2013 16.438068 22.529845 14,608.8795
01/01/2014 to 12/31/2014 22.529845 23.771196 11,131.8171
01/01/2015 to 12/31/2015 23.771196 22.844856 10,493.0506
01/01/2016 to 12/31/2016 22.844856 24.890727 9,380.8087
01/01/2017 to 12/31/2017 24.890727 30.504112 8,791.8049
01/01/2018 to 12/31/2018 30.504112 27.123258 9,027.1933
01/01/2019 to 12/31/2019 27.123258 32.993013 5,938.7963
01/01/2020 to 12/31/2020 32.993013 50.568156 5,516.3480
JPMorgan Core Bond Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.764256 10.180917 0.0000
01/01/2014 to 12/31/2014 10.180917 10.461291 0.0000
01/01/2015 to 12/31/2015 10.461291 10.277933 0.0000
01/01/2016 to 12/31/2016 10.277933 10.273355 0.0000
01/01/2017 to 12/31/2017 10.273355 10.378072 0.0000
01/01/2018 to 12/31/2018 10.378072 10.148103 0.0000
01/01/2019 to 12/31/2019 10.148103 10.737425 0.0000
01/01/2020 to 12/31/2020 10.737425 11.326458 0.0000
JPMorgan Core Bond Sub-Account (Class B) (formerly JPMorgan Core Bond Sub-Account (Class C) and before that American Funds® Bond Sub-Account (Class C))
01/01/2011 to 12/31/2011 10.122029 10.470380 0.0000
01/01/2012 to 12/31/2012 10.470380 10.739433 0.0000
01/01/2013 to 04/26/2013 10.739433 10.710806 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.012626 1.043918 0.0000
01/01/2013 to 12/31/2013 1.043918 1.132835 15,670.9633
01/01/2014 to 12/31/2014 1.132835 1.184897 15,402.0412
01/01/2015 to 12/31/2015 1.184897 1.168893 12,136.8235
01/01/2016 to 12/31/2016 1.168893 1.176065 10,042.4942
01/01/2017 to 12/31/2017 1.176065 1.341529 0.0000
01/01/2018 to 12/31/2018 1.341529 1.217244 0.0000
01/01/2019 to 12/31/2019 1.217244 1.391455 0.0000
01/01/2020 to 12/31/2020 1.391455 1.526746 0.0000
JPMorgan Global Active Allocation Sub-Account (Class B) (formerly Allianz Global Investors Dynamic Multi-Asset Plus Sub-Account (Class B))
04/28/2014 to 12/31/2014 0.996734 1.034321 0.0000
01/01/2015 to 12/31/2015 1.034321 1.001359 0.0000
01/01/2016 to 12/31/2016 1.001359 0.998613 0.0000
01/01/2017 to 12/31/2017 0.998613 1.127694 0.0000
01/01/2018 to 04/30/2018 1.127694 1.096688 0.0000
Loomis Sayles Global Allocation Sub-Account (Class B) (formerly Loomis Sayles Global Markets Sub-Account (Class B))
01/01/2011 to 12/31/2011 12.534643 12.074575 4,564.4869
01/01/2012 to 12/31/2012 12.074575 13.803312 4,530.4153
01/01/2013 to 12/31/2013 13.803312 15.807934 4,530.4153
01/01/2014 to 12/31/2014 15.807934 15.992104 4,530.4153
01/01/2015 to 12/31/2015 15.992104 15.828235 4,903.9331
01/01/2016 to 12/31/2016 15.828235 16.215404 4,530.4153
01/01/2017 to 12/31/2017 16.215404 19.497638 0.0000
01/01/2018 to 12/31/2018 19.497638 18.034377 0.0000
01/01/2019 to 12/31/2019 18.034377 22.486751 0.0000
01/01/2020 to 12/31/2020 22.486751 25.236383 0.0000
90

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Loomis Sayles Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 6.973923 7.040516 33,251.6138
01/01/2012 to 12/31/2012 7.040516 8.156978 30,621.7177
01/01/2013 to 12/31/2013 8.156978 11.612607 28,575.3533
01/01/2014 to 12/31/2014 11.612607 13.499417 26,010.8273
01/01/2015 to 12/31/2015 13.499417 12.666221 24,272.8107
01/01/2016 to 12/31/2016 12.666221 12.716363 19,235.4114
01/01/2017 to 12/31/2017 12.716363 14.723213 18,836.7363
01/01/2018 to 12/31/2018 14.723213 13.377797 17,387.1345
01/01/2019 to 12/31/2019 13.377797 16.163044 11,235.5951
01/01/2020 to 12/31/2020 16.163044 20.895747 10,352.1814
Loomis Sayles Growth Sub-Account (Class B) (formerly ClearBridge Aggressive Growth Sub-Account II (Class B))
01/01/2011 to 12/31/2011 121.727002 110.043299 0.0000
01/01/2012 to 12/31/2012 110.043299 131.806166 0.0000
01/01/2013 to 12/31/2013 131.806166 165.971870 0.0000
01/01/2014 to 04/25/2014 165.971870 172.365588 0.0000
Loomis Sayles Growth Sub-Account (Class B) (formerly Legg Mason Value Equity Sub-Account (Class B))
01/01/2011 to 04/29/2011 6.389713 6.775444 0.0000
MetLife Multi-Index Targeted Risk Sub-Account (Class B)
04/29/2013 to 12/31/2013 1.075269 1.117916 15,920.7248
01/01/2014 to 12/31/2014 1.117916 1.194271 15,555.5056
01/01/2015 to 12/31/2015 1.194271 1.153547 12,010.8705
01/01/2016 to 12/31/2016 1.153547 1.177075 10,165.3559
01/01/2017 to 12/31/2017 1.177075 1.329862 0.0000
01/01/2018 to 12/31/2018 1.329862 1.206691 0.0000
01/01/2019 to 12/31/2019 1.206691 1.436002 0.0000
01/01/2020 to 12/31/2020 1.436002 1.496042 0.0000
MFS ® Research International Sub-Account (Class B)
01/01/2011 to 12/31/2011 13.390789 11.690464 34,511.5440
01/01/2012 to 12/31/2012 11.690464 13.338630 33,447.4943
01/01/2013 to 12/31/2013 13.338630 15.553467 33,151.4101
01/01/2014 to 12/31/2014 15.553467 14.150494 31,829.9980
01/01/2015 to 12/31/2015 14.150494 13.590182 31,318.4664
01/01/2016 to 12/31/2016 13.590182 13.171485 30,899.8983
01/01/2017 to 12/31/2017 13.171485 16.505495 29,142.9581
01/01/2018 to 12/31/2018 16.505495 13.877665 28,726.0817
01/01/2019 to 12/31/2019 13.877665 17.410905 19,408.3382
01/01/2020 to 12/31/2020 17.410905 19.238282 19,350.0909
PanAgora Global Diversified Risk Sub-Account (Class B)
04/28/2014 to 12/31/2014 0.999692 1.029528 0.0000
01/01/2015 to 12/31/2015 1.029528 0.951484 0.0000
01/01/2016 to 12/31/2016 0.951484 1.033800 0.0000
01/01/2017 to 12/31/2017 1.033800 1.138211 0.0000
01/01/2018 to 12/31/2018 1.138211 1.028265 0.0000
01/01/2019 to 12/31/2019 1.028265 1.226518 0.0000
01/01/2020 to 12/31/2020 1.226518 1.341238 0.0000
91

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
PIMCO Inflation Protected Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.906238 14.025873 4,598.8410
01/01/2012 to 12/31/2012 14.025873 14.964391 4,555.4719
01/01/2013 to 12/31/2013 14.964391 13.274295 5,252.9294
01/01/2014 to 12/31/2014 13.274295 13.354447 5,351.8793
01/01/2015 to 12/31/2015 13.354447 12.651188 4,939.4810
01/01/2016 to 12/31/2016 12.651188 12.986217 3,885.8261
01/01/2017 to 12/31/2017 12.986217 13.138404 4,192.6865
01/01/2018 to 12/31/2018 13.138404 12.535049 4,159.2527
01/01/2019 to 12/31/2019 12.535049 13.269812 3,971.3250
01/01/2020 to 12/31/2020 13.269812 14.471312 3,866.9070
PIMCO Total Return Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.120293 15.253401 18,175.7975
01/01/2012 to 12/31/2012 15.253401 16.294822 16,022.2024
01/01/2013 to 12/31/2013 16.294822 15.627094 16,063.0740
01/01/2014 to 12/31/2014 15.627094 15.919906 13,780.4576
01/01/2015 to 12/31/2015 15.919906 15.566473 10,890.2748
01/01/2016 to 12/31/2016 15.566473 15.617352 10,267.9159
01/01/2017 to 12/31/2017 15.617352 15.958116 9,908.4227
01/01/2018 to 12/31/2018 15.958116 15.565276 9,120.9098
01/01/2019 to 12/31/2019 15.565276 16.506789 8,434.9589
01/01/2020 to 12/31/2020 16.506789 17.512542 7,723.5177
Schroders Global Multi-Asset Sub-Account (Class B) (formerly Schroders Global Multi-Asset Portfolio II Sub-Account (Class B) and before that Pyramis® Managed Risk Sub-Account (Class B))
04/29/2013 to 12/31/2013 10.213725 10.689310 341.3046
01/01/2014 to 12/31/2014 10.689310 11.354603 334.2094
01/01/2015 to 12/31/2015 11.354603 10.963026 0.0000
01/01/2016 to 12/31/2016 10.963026 11.208544 0.0000
01/01/2017 to 12/31/2017 11.208544 12.765163 0.0000
01/01/2018 to 04/30/2018 12.765163 12.175009 0.0000
Schroders Global Multi-Asset Sub-Account (Class B)
04/30/2012 to 12/31/2012 1.010605 1.061926 25,262.8578
01/01/2013 to 12/31/2013 1.061926 1.143283 34,261.7547
01/01/2014 to 12/31/2014 1.143283 1.204359 33,579.1882
01/01/2015 to 12/31/2015 1.204359 1.167209 29,691.1153
01/01/2016 to 12/31/2016 1.167209 1.205758 5,638.2802
01/01/2017 to 12/31/2017 1.205758 1.347558 0.0000
01/01/2018 to 12/31/2018 1.347558 1.193256 0.0000
01/01/2019 to 12/31/2019 1.193256 1.417464 0.0000
01/01/2020 to 12/31/2020 1.417464 1.415049 0.0000
SSGA Growth and Income ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.172357 11.040217 0.0000
01/01/2012 to 12/31/2012 11.040217 12.179805 0.0000
01/01/2013 to 12/31/2013 12.179805 13.448835 0.0000
01/01/2014 to 12/31/2014 13.448835 13.913847 0.0000
01/01/2015 to 12/31/2015 13.913847 13.337166 0.0000
01/01/2016 to 12/31/2016 13.337166 13.794725 0.0000
01/01/2017 to 12/31/2017 13.794725 15.627967 0.0000
01/01/2018 to 12/31/2018 15.627967 14.282182 0.0000
01/01/2019 to 12/31/2019 14.282182 16.702773 0.0000
01/01/2020 to 12/31/2020 16.702773 17.935013 0.0000
92

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
SSGA Growth ETF Sub-Account (Class B)
01/01/2011 to 12/31/2011 10.768891 10.305580 0.0000
01/01/2012 to 12/31/2012 10.305580 11.589694 0.0000
01/01/2013 to 12/31/2013 11.589694 13.379827 0.0000
01/01/2014 to 12/31/2014 13.379827 13.785815 0.0000
01/01/2015 to 12/31/2015 13.785815 13.167547 0.0000
01/01/2016 to 12/31/2016 13.167547 13.760324 0.0000
01/01/2017 to 12/31/2017 13.760324 16.097162 0.0000
01/01/2018 to 12/31/2018 16.097162 14.360442 0.0000
01/01/2019 to 12/31/2019 14.360442 17.192241 0.0000
01/01/2020 to 12/31/2020 17.192241 18.615504 0.0000
T. Rowe Price Large Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 45.250145 42.470911 4,030.5629
01/01/2012 to 12/31/2012 42.470911 48.986132 3,436.0870
01/01/2013 to 12/31/2013 48.986132 64.074067 3,238.9102
01/01/2014 to 12/31/2014 64.074067 70.968606 2,584.1287
01/01/2015 to 12/31/2015 70.968606 66.901175 2,549.8436
01/01/2016 to 12/31/2016 66.901175 75.842175 2,023.0066
01/01/2017 to 12/31/2017 75.842175 86.728635 1,630.6402
01/01/2018 to 12/31/2018 86.728635 77.022519 1,567.9672
01/01/2019 to 12/31/2019 77.022519 95.278403 1,511.1802
01/01/2020 to 12/31/2020 95.278403 95.825641 1,537.9154
T. Rowe Price Mid Cap Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.673769 9.303096 33,311.7739
01/01/2012 to 12/31/2012 9.303096 10.339524 29,596.3812
01/01/2013 to 12/31/2013 10.339524 13.807566 28,165.6434
01/01/2014 to 12/31/2014 13.807566 15.224991 23,501.3450
01/01/2015 to 12/31/2015 15.224991 15.879686 21,872.3901
01/01/2016 to 12/31/2016 15.879686 16.491457 26,101.8300
01/01/2017 to 12/31/2017 16.491457 20.115689 25,092.6017
01/01/2018 to 12/31/2018 20.115689 19.234649 22,614.6267
01/01/2019 to 12/31/2019 19.234649 24.649645 17,448.6647
01/01/2020 to 12/31/2020 24.649645 29.863779 17,064.2770
Victory Sycamore Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 22.875267 21.540078 2,917.6148
01/01/2012 to 12/31/2012 21.540078 24.153427 3,043.4166
01/01/2013 to 12/31/2013 24.153427 30.773160 2,914.9209
01/01/2014 to 12/31/2014 30.773160 32.989995 2,660.9963
01/01/2015 to 12/31/2015 32.989995 29.358803 2,604.3014
01/01/2016 to 12/31/2016 29.358803 33.156161 2,685.5390
01/01/2017 to 12/31/2017 33.156161 35.492413 2,791.3674
01/01/2018 to 12/31/2018 35.492413 31.177316 2,788.2098
01/01/2019 to 12/31/2019 31.177316 39.319469 2,785.0959
01/01/2020 to 12/31/2020 39.319469 41.378948 3,192.0515
Wells Capital Management Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 14.666784 13.438508 1,193.1601
01/01/2012 to 12/31/2012 13.438508 15.518362 1,179.6126
01/01/2013 to 12/31/2013 15.518362 20.127355 1,133.5414
01/01/2014 to 12/31/2014 20.127355 22.282944 4,912.5828
01/01/2015 to 12/31/2015 22.282944 19.800321 4,949.5317
01/01/2016 to 12/31/2016 19.800321 21.912075 865.3886
01/01/2017 to 12/31/2017 21.912075 23.737826 921.2871
01/01/2018 to 12/31/2018 23.737826 20.122192 945.7137
01/01/2019 to 12/31/2019 20.122192 26.665362 911.4094
01/01/2020 to 12/31/2020 26.665362 26.778195 1,043.1275
93

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Government Income Sub-Account (Class B) (formerly Fidelity Institutional Asset Management® Government Income Sub-Account (Class B))
05/02/2011 to 12/31/2011 9.997534 10.694043 455.1852
01/01/2012 to 12/31/2012 10.694043 10.784125 1,992.9220
01/01/2013 to 12/31/2013 10.784125 10.067622 5,631.0439
01/01/2014 to 12/31/2014 10.067622 10.587490 5,765.9069
01/01/2015 to 12/31/2015 10.587490 10.396445 3,415.7405
01/01/2016 to 12/31/2016 10.396445 10.299044 2,663.0868
01/01/2017 to 12/31/2017 10.299044 10.332344 0.0000
01/01/2018 to 12/31/2018 10.332344 10.094651 0.0000
01/01/2019 to 12/31/2019 10.094651 10.609688 0.0000
01/01/2020 to 12/31/2020 10.609688 11.169366 0.0000
Brighthouse Funds Trust II
Baillie Gifford International Stock Sub-Account (Class B)
04/29/2013 to 12/31/2013 8.773555 9.573114 1,224.2804
01/01/2014 to 12/31/2014 9.573114 9.047146 1,153.6161
01/01/2015 to 12/31/2015 9.047146 8.653855 1,082.0037
01/01/2016 to 12/31/2016 8.653855 8.888691 1,026.5739
01/01/2017 to 12/31/2017 8.888691 11.724023 909.4938
01/01/2018 to 12/31/2018 11.724023 9.491167 836.4181
01/01/2019 to 12/31/2019 9.491167 12.287365 622.9654
01/01/2020 to 12/31/2020 12.287365 15.168001 552.3392
Baillie Gifford International Stock Sub-Account (Class B) (formerly American Funds® International Sub-Account (Class C))
01/01/2011 to 12/31/2011 8.769327 7.349611 1,347.0822
01/01/2012 to 12/31/2012 7.349611 8.438555 1,284.1466
01/01/2013 to 04/26/2013 8.438555 8.728343 0.0000
BlackRock Ultra-Short Term Bond Sub-Account (Class B)
01/01/2011 to 12/31/2011 9.765216 9.548527 2,447.5914
01/01/2012 to 12/31/2012 9.548527 9.334919 2,459.0982
01/01/2013 to 12/31/2013 9.334919 9.127216 2,357.0626
01/01/2014 to 12/31/2014 9.127216 8.924134 2,152.7786
01/01/2015 to 12/31/2015 8.924134 8.725571 1,909.2106
01/01/2016 to 12/31/2016 8.725571 8.540993 1,688.8664
01/01/2017 to 12/31/2017 8.540993 8.404473 1,523.6713
01/01/2018 to 12/31/2018 8.404473 8.343733 1,295.2868
01/01/2019 to 12/31/2019 8.343733 8.311311 1,106.5911
01/01/2020 to 12/31/2020 8.311311 8.141499 906.0134
Brighthouse Asset Allocation 20 Sub-Account (Class B)
04/28/2014 to 12/31/2014 12.917259 13.097601 0.0000
01/01/2015 to 12/31/2015 13.097601 12.731186 0.0000
01/01/2016 to 12/31/2016 12.731186 13.011842 0.0000
01/01/2017 to 12/31/2017 13.011842 13.605158 0.0000
01/01/2018 to 12/31/2018 13.605158 12.953496 0.0000
01/01/2019 to 12/31/2019 12.953496 14.151758 0.0000
01/01/2020 to 12/31/2020 14.151758 15.152859 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Defensive Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.470381 11.414856 10,896.3863
01/01/2012 to 12/31/2012 11.414856 12.377287 10,367.9305
01/01/2013 to 12/31/2013 12.377287 13.200720 9,846.9828
01/01/2014 to 04/25/2014 13.200720 13.273726 0.0000
94

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse Asset Allocation 40 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Moderate Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.531767 11.262566 13,124.2151
01/01/2012 to 12/31/2012 11.262566 12.375428 13,079.2613
01/01/2013 to 12/31/2013 12.375428 13.821453 13,038.8296
01/01/2014 to 04/25/2014 13.821453 13.845516 0.0000
Brighthouse Asset Allocation 40 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.477217 13.774881 19,895.1385
01/01/2015 to 12/31/2015 13.774881 13.323812 6,013.0153
01/01/2016 to 12/31/2016 13.323812 13.820465 5,550.5833
01/01/2017 to 12/31/2017 13.820465 14.952025 1,638.9074
01/01/2018 to 12/31/2018 14.952025 13.974183 1,464.6502
01/01/2019 to 12/31/2019 13.974183 15.794218 1,293.7635
01/01/2020 to 12/31/2020 15.794218 17.146395 1,129.8617
Brighthouse Asset Allocation 60 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Balanced Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.321357 10.881481 7,209.1669
01/01/2012 to 12/31/2012 10.881481 12.120189 29,644.0659
01/01/2013 to 12/31/2013 12.120189 14.151827 29,011.7581
01/01/2014 to 04/25/2014 14.151827 14.133800 0.0000
Brighthouse Asset Allocation 60 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.859588 14.273038 29,058.3567
01/01/2015 to 12/31/2015 14.273038 13.778510 39,308.8977
01/01/2016 to 12/31/2016 13.778510 14.429189 18,957.7985
01/01/2017 to 12/31/2017 14.429189 16.187551 16,678.9512
01/01/2018 to 12/31/2018 16.187551 14.856106 3,646.0943
01/01/2019 to 12/31/2019 14.856106 17.346979 16,426.7752
01/01/2020 to 12/31/2020 17.346979 19.309065 16,225.1905
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly Met Investors Series Trust - MetLife Growth Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 11.212279 10.538638 27,531.5006
01/01/2012 to 12/31/2012 10.538638 11.922644 27,235.4279
01/01/2013 to 12/31/2013 11.922644 14.678429 11,212.3961
01/01/2014 to 04/25/2014 14.678429 14.579998 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B) (formerly MetLife Growth Strategy Sub-Account (Class B) and before that Met/Franklin Templeton Founding Strategy Sub-Account (Class B))
01/01/2011 to 12/31/2011 9.456885 9.084098 0.0000
01/01/2012 to 12/31/2012 9.084098 10.312943 0.0000
01/01/2013 to 04/26/2013 10.312943 11.072485 0.0000
Brighthouse Asset Allocation 80 Sub-Account (Class B)
04/28/2014 to 12/31/2014 13.834525 14.329431 8,689.4809
01/01/2015 to 12/31/2015 14.329431 13.772927 40,606.7083
01/01/2016 to 12/31/2016 13.772927 14.562786 40,569.1894
01/01/2017 to 12/31/2017 14.562786 16.968294 40,534.7575
01/01/2018 to 12/31/2018 16.968294 15.242901 36,290.6806
01/01/2019 to 12/31/2019 15.242901 18.440168 4,318.5313
01/01/2020 to 12/31/2020 18.440168 21.020746 4,301.0773
95

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Brighthouse/Artisan Mid Cap Value Sub-Account (Class B)
01/01/2011 to 12/31/2011 12.803826 13.332107 22,699.4776
01/01/2012 to 12/31/2012 13.332107 14.543483 21,625.1666
01/01/2013 to 12/31/2013 14.543483 19.411666 20,341.0370
01/01/2014 to 12/31/2014 19.411666 19.297420 16,721.7589
01/01/2015 to 12/31/2015 19.297420 17.044391 15,672.2920
01/01/2016 to 12/31/2016 17.044391 20.440233 13,686.1379
01/01/2017 to 12/31/2017 20.440233 22.493000 13,121.1350
01/01/2018 to 12/31/2018 22.493000 19.039153 12,437.9768
01/01/2019 to 12/31/2019 19.039153 22.978872 8,148.3234
01/01/2020 to 12/31/2020 22.978872 23.809832 8,409.5902
Brighthouse/Dimensional International Small Company Sub-Account (Class B)
01/01/2011 to 12/31/2011 16.928916 13.862546 0.0000
01/01/2012 to 12/31/2012 13.862546 15.979095 0.0000
01/01/2013 to 12/31/2013 15.979095 19.936202 0.0000
01/01/2014 to 12/31/2014 19.936202 18.187606 0.0000
01/01/2015 to 12/31/2015 18.187606 18.806355 0.0000
01/01/2016 to 12/31/2016 18.806355 19.459317 0.0000
01/01/2017 to 12/31/2017 19.459317 24.821077 0.0000
01/01/2018 to 12/31/2018 24.821077 19.275897 3,245.6314
01/01/2019 to 12/31/2019 19.275897 23.188444 3,245.6314
01/01/2020 to 12/31/2020 23.188444 24.664151 3,245.6314
Brighthouse/Wellington Core Equity Opportunities (Class B)
05/02/2016 to 12/31/2016 20.458349 20.706416 0.0000
01/01/2017 to 12/31/2017 20.706416 24.055444 0.0000
01/01/2018 to 12/31/2018 24.055444 23.434201 0.0000
01/01/2019 to 12/31/2019 23.434201 29.934375 0.0000
01/01/2020 to 12/31/2020 29.934375 32.477597 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class B) (formerly Met Investors Series Trust - Pioneer Fund Sub-Account (Class B))
01/01/2011 to 12/31/2011 16.262857 15.126978 0.0000
01/01/2012 to 12/31/2012 15.126978 16.323372 0.0000
01/01/2013 to 12/31/2013 16.323372 21.181513 0.0000
01/01/2014 to 12/31/2014 21.181513 22.974213 0.0000
01/01/2015 to 12/31/2015 22.974213 22.406729 0.0000
01/01/2016 to 04/29/2016 22.406729 22.483713 0.0000
Brighthouse/Wellington Core Equity Opportunities (Class E)
01/01/2011 to 12/31/2011 11.873311 11.124464 22,706.8451
01/01/2012 to 12/31/2012 11.124464 12.257093 19,910.1315
01/01/2013 to 12/31/2013 12.257093 16.002718 20,509.0939
01/01/2014 to 12/31/2014 16.002718 17.281213 17,238.4386
01/01/2015 to 12/31/2015 17.281213 17.279698 15,066.7972
01/01/2016 to 12/31/2016 17.279698 18.103657 12,784.4693
01/01/2017 to 12/31/2017 18.103657 21.051274 9,975.0822
01/01/2018 to 12/31/2018 21.051274 20.528972 9,494.4966
01/01/2019 to 12/31/2019 20.528972 26.248803 8,781.2102
01/01/2020 to 12/31/2020 26.248803 28.506713 8,577.5729
96

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Frontier Mid Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 13.914447 16.492745 1,472.9793
01/01/2014 to 12/31/2014 16.492745 17.879614 1,429.3377
01/01/2015 to 12/31/2015 17.879614 17.937046 1,323.4969
01/01/2016 to 12/31/2016 17.937046 18.442518 1,061.6741
01/01/2017 to 12/31/2017 18.442518 22.530127 1,005.5250
01/01/2018 to 12/31/2018 22.530127 20.726158 978.7333
01/01/2019 to 12/31/2019 20.726158 26.919794 935.0618
01/01/2020 to 12/31/2020 26.919794 34.579786 879.6801
Frontier Mid Cap Growth Sub-Account (Class B) (formerly Turner Mid Cap Growth Sub-Account (Class B))
01/01/2011 to 12/31/2011 13.699453 12.395204 1,072.9415
01/01/2012 to 12/31/2012 12.395204 12.847419 1,450.6780
01/01/2013 to 04/26/2013 12.847419 13.825539 0.0000
Jennison Growth Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.438987 11.209794 6,934.0206
01/01/2012 to 12/31/2012 11.209794 12.664081 29,776.9863
01/01/2013 to 12/31/2013 12.664081 16.930747 29,189.0961
01/01/2014 to 12/31/2014 16.930747 18.001430 24,856.4849
01/01/2015 to 12/31/2015 18.001430 19.455983 21,340.7803
01/01/2016 to 12/31/2016 19.455983 18.998416 22,084.6783
01/01/2017 to 12/31/2017 18.998416 25.448520 20,153.9078
01/01/2018 to 12/31/2018 25.448520 24.907410 18,487.9487
01/01/2019 to 12/31/2019 24.907410 32.266941 14,491.7418
01/01/2020 to 12/31/2020 32.266941 49.333326 12,667.4791
Jennison Growth Sub-Account (Class B) (formerly Jennison Large Cap Equity Sub-Account (Class B) and before that Rainier Large Cap Equity Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.711628 7.250849 0.0000
01/01/2012 to 12/31/2012 7.250849 7.987064 0.0000
01/01/2013 to 04/26/2013 7.987064 8.560258 0.0000
Jennison Growth Sub-Account (Class B) (formerly Oppenheimer Capital Appreciation Sub-Account (Class B))
01/01/2011 to 12/31/2011 7.761587 7.484471 38,903.0486
01/01/2012 to 04/27/2012 7.484471 8.396739 0.0000
MetLife Aggregate Bond Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 14.021593 14.690817 755.5265
01/01/2012 to 12/31/2012 14.690817 14.876865 751.3129
01/01/2013 to 12/31/2013 14.876865 14.171963 1,405.2693
01/01/2014 to 12/31/2014 14.171963 14.613210 1,378.4235
01/01/2015 to 12/31/2015 14.613210 14.280016 1,310.0129
01/01/2016 to 12/31/2016 14.280016 14.253624 1,087.0520
01/01/2017 to 12/31/2017 14.253624 14.346779 403.5240
01/01/2018 to 12/31/2018 14.346779 13.956956 333.3485
01/01/2019 to 12/31/2019 13.956956 14.784963 265.3205
01/01/2020 to 12/31/2020 14.784963 15.450967 200.4054
97

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MetLife Mid Cap Stock Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 15.686009 14.994187 288.0537
01/01/2012 to 12/31/2012 14.994187 17.189999 279.9061
01/01/2013 to 12/31/2013 17.189999 22.312716 286.9512
01/01/2014 to 12/31/2014 22.312716 23.826046 287.6881
01/01/2015 to 12/31/2015 23.826046 22.672156 288.8818
01/01/2016 to 12/31/2016 22.672156 26.619724 269.9715
01/01/2017 to 12/31/2017 26.619724 30.090527 277.7867
01/01/2018 to 12/31/2018 30.090527 26.015135 285.3840
01/01/2019 to 12/31/2019 26.015135 31.932694 294.8142
01/01/2020 to 12/31/2020 31.932694 35.300237 325.5647
MetLife MSCI EAFE® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 11.396897 9.733698 0.0000
01/01/2012 to 12/31/2012 9.733698 11.223230 0.0000
01/01/2013 to 12/31/2013 11.223230 13.326006 2,959.9569
01/01/2014 to 12/31/2014 13.326006 12.204613 2,959.9569
01/01/2015 to 12/31/2015 12.204613 11.776597 2,959.9569
01/01/2016 to 12/31/2016 11.776597 11.626112 2,959.9569
01/01/2017 to 12/31/2017 11.626112 14.158476 2,959.9569
01/01/2018 to 12/31/2018 14.158476 11.886713 2,959.9569
01/01/2019 to 12/31/2019 11.886713 14.130062 2,959.9569
01/01/2020 to 12/31/2020 14.130062 14.853322 2,893.5882
MetLife Russell 2000® Index Sub-Account (Class G)
01/01/2011 to 12/31/2011 15.845681 14.823223 290.9978
01/01/2012 to 12/31/2012 14.823223 16.802557 288.3630
01/01/2013 to 12/31/2013 16.802557 22.691795 802.1824
01/01/2014 to 12/31/2014 22.691795 23.236339 817.0068
01/01/2015 to 12/31/2015 23.236339 21.688623 821.6109
01/01/2016 to 12/31/2016 21.688623 25.643654 800.1701
01/01/2017 to 12/31/2017 25.643654 28.660140 811.3313
01/01/2018 to 12/31/2018 28.660140 24.878895 820.9395
01/01/2019 to 12/31/2019 24.878895 30.456016 829.4439
01/01/2020 to 12/31/2020 30.456016 35.511369 830.1254
MetLife Stock Index Sub-Account (Class B)
01/01/2011 to 12/31/2011 11.029397 10.960860 28,453.0657
01/01/2012 to 12/31/2012 10.960860 12.369083 26,528.5512
01/01/2013 to 12/31/2013 12.369083 15.927631 35,243.5351
01/01/2014 to 12/31/2014 15.927631 17.613187 30,690.9436
01/01/2015 to 12/31/2015 17.613187 17.378584 29,498.3736
01/01/2016 to 12/31/2016 17.378584 18.926100 28,251.1133
01/01/2017 to 12/31/2017 18.926100 22.435546 27,655.4500
01/01/2018 to 12/31/2018 22.435546 20.873895 26,382.3914
01/01/2019 to 12/31/2019 20.873895 26.695831 22,051.3066
01/01/2020 to 12/31/2020 26.695831 30.753005 21,512.7165
MFS ® Value Sub-Account (Class B)
04/29/2013 to 12/31/2013 10.371689 12.049513 531.9676
01/01/2014 to 12/31/2014 12.049513 13.025784 521.6261
01/01/2015 to 12/31/2015 13.025784 12.689537 516.9173
01/01/2016 to 12/31/2016 12.689537 14.156102 509.6183
01/01/2017 to 12/31/2017 14.156102 16.275826 514.3027
01/01/2018 to 12/31/2018 16.275826 14.282029 518.9684
01/01/2019 to 12/31/2019 14.282029 18.132035 520.4585
01/01/2020 to 12/31/2020 18.132035 18.375763 628.8638
98

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
MFS ® Value Sub-Account (Class B) (formerly Met/Franklin Mutual Shares Sub-Account (Class B))
01/01/2011 to 12/31/2011 8.697412 8.457777 536.2914
01/01/2012 to 12/31/2012 8.457777 9.419343 510.4549
01/01/2013 to 04/26/2013 9.419343 10.290215 0.0000
Neuberger Berman Genesis Sub-Account (Class B)
04/29/2013 to 12/31/2013 14.960930 18.576250 15,851.7021
01/01/2014 to 12/31/2014 18.576250 18.108316 15,104.5239
01/01/2015 to 12/31/2015 18.108316 17.772688 13,487.6505
01/01/2016 to 12/31/2016 17.772688 20.573755 12,321.7155
01/01/2017 to 12/31/2017 20.573755 23.233121 12,041.8034
01/01/2018 to 12/31/2018 23.233121 21.126536 11,073.6560
01/01/2019 to 12/31/2019 21.126536 26.730885 7,033.8180
01/01/2020 to 12/31/2020 26.730885 32.605528 6,867.0661
Neuberger Berman Genesis Sub-Account (Class B) (formerly MLA Mid Cap Sub-Account (Class B))
01/01/2011 to 12/31/2011 14.412613 13.348997 17,093.2897
01/01/2012 to 12/31/2012 13.348997 13.740239 16,493.3670
01/01/2013 to 04/26/2013 13.740239 14.858002 0.0000
T. Rowe Price Large Cap Growth Sub-Account (Class B)
04/29/2013 to 12/31/2013 6.466601 8.118637 34,587.0457
01/01/2014 to 12/31/2014 8.118637 8.638606 22,746.3547
01/01/2015 to 12/31/2015 8.638606 9.334350 17,502.4858
01/01/2016 to 12/31/2016 9.334350 9.266474 16,075.9593
01/01/2017 to 12/31/2017 9.266474 12.094255 15,064.3308
01/01/2018 to 12/31/2018 12.094255 11.687178 13,860.6731
01/01/2019 to 12/31/2019 11.687178 14.922747 13,012.4616
01/01/2020 to 12/31/2020 14.922747 19.936013 12,505.9770
T. Rowe Price Large Cap Growth Sub-Account (Class B) (formerly RCM Technology Sub-Account (Class B))
01/01/2011 to 12/31/2011 6.388264 5.628300 36,616.7021
01/01/2012 to 12/31/2012 5.628300 6.169237 35,534.0879
01/01/2013 to 04/26/2013 6.169237 6.433892 0.0000
VanEck Global Natural Resources Sub-Account (Class B)
01/01/2011 to 12/31/2011 18.470140 15.048401 0.0000
01/01/2012 to 12/31/2012 15.048401 15.091115 0.0000
01/01/2013 to 12/31/2013 15.091115 16.342255 0.0000
01/01/2014 to 12/31/2014 16.342255 12.970600 0.0000
01/01/2015 to 12/31/2015 12.970600 8.527336 0.0000
01/01/2016 to 12/31/2016 8.527336 11.984569 0.0000
01/01/2017 to 12/31/2017 11.984569 11.631847 0.0000
01/01/2018 to 12/31/2018 11.631847 8.090428 0.0000
01/01/2019 to 12/31/2019 8.090428 8.887380 0.0000
01/01/2020 to 12/31/2020 8.887380 10.529343 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B)
05/02/2016 to 12/31/2016 24.979207 25.763328 4,748.2226
01/01/2017 to 12/31/2017 25.763328 27.190064 4,770.9154
01/01/2018 to 12/31/2018 27.190064 25.512099 4,584.0631
01/01/2019 to 12/31/2019 25.512099 28.495233 4,363.1815
01/01/2020 to 12/31/2020 28.495233 29.701968 4,204.7411
99

 


Table of Contents
CONDENSED FINANCIAL INFORMATION (continued)
2.25% Separate Account Product Charges
  Accumulation
Unit Value at
Beginning of
Period
Accumulation
Unit Value at
End of
Period
Number of
Accumulation
Units
Outstanding at
End of Period
Western Asset Management Strategic Bond Opportunities Sub-Account (Class B) (formerly Met Investors Series Trust - Lord Abbett Bond Debenture Sub-Account (Class B))
01/01/2011 to 12/31/2011 21.638158 22.101302 7,196.5285
01/01/2012 to 12/31/2012 22.101302 24.404615 7,058.3412
01/01/2013 to 12/31/2013 24.404615 25.765601 7,287.0939
01/01/2014 to 12/31/2014 25.765601 26.408906 6,428.0390
01/01/2015 to 12/31/2015 26.408906 25.259805 4,994.4478
01/01/2016 to 04/29/2016 25.259805 25.954912 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E)
05/02/2016 to 12/31/2016 25.489263 26.312423 0.0000
01/01/2017 to 12/31/2017 26.312423 27.783154 0.0000
01/01/2018 to 12/31/2018 27.783154 26.098044 0.0000
01/01/2019 to 12/31/2019 26.098044 29.165768 0.0000
01/01/2020 to 12/31/2020 29.165768 30.446570 0.0000
Western Asset Management Strategic Bond Opportunities Sub-Account (Class E) (formerly Met Investors Series Trust - Pioneer Strategic Income Sub-Account (Class E))
01/01/2011 to 12/31/2011 21.709363 21.961511 0.0000
01/01/2012 to 12/31/2012 21.961511 23.929869 0.0000
01/01/2013 to 12/31/2013 23.929869 23.727550 0.0000
01/01/2014 to 12/31/2014 23.727550 24.230334 0.0000
01/01/2015 to 12/31/2015 24.230334 23.345936 0.0000
01/01/2016 to 04/29/2016 23.345936 23.858096 0.0000
Western Asset Management U.S. Government Sub-Account (Class B)
01/01/2011 to 12/31/2011 15.144857 15.588596 347.4106
01/01/2012 to 12/31/2012 15.588596 15.704417 345.4734
01/01/2013 to 12/31/2013 15.704417 15.215992 319.2698
01/01/2014 to 12/31/2014 15.215992 15.256843 285.7874
01/01/2015 to 12/31/2015 15.256843 14.963183 252.1866
01/01/2016 to 12/31/2016 14.963183 14.779683 218.1691
01/01/2017 to 12/31/2017 14.779683 14.693943 185.5502
01/01/2018 to 12/31/2018 14.693943 14.465451 153.2807
01/01/2019 to 12/31/2019 14.465451 14.961127 122.0006
01/01/2020 to 12/31/2020 14.961127 15.345849 92.1498
100

 


Table of Contents
FINANCIAL STATEMENTS
The financial statements of the Company should be considered only as bearing upon the ability of the Company to meet its obligations under the contract.
101


PART C
OTHER INFORMATION
ITEM 24. FINANCIAL STATEMENTS AND EXHIBITS
a. Financial Statements
The financial statements of each of the Sub-Accounts of the Separate Account are incorporated by reference in Part B hereof and include:
1. Report of Independent Registered Public Accounting Firm.
2. Statements of Assets and Liabilities as of December 31, 2020.
3. Statements of Operations for the year ended December 31, 2020.
4. Statements of Changes in Net Assets for the years ended December 31, 2020 and 2019.
5. Notes to the Financial Statements.
The consolidated financial statements and financial statement schedules of the Company and subsidiaries are incorporated by reference in Part B hereof and include:
1. Report of Independent Registered Public Accounting Firm.
2. Consolidated Balance Sheets as of December 31, 2020 and 2019.
3. Consolidated Statements of Operations for the years ended December 31, 2020, 2019 and 2018.
4. Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2020, 2019 and 2018.
5. Consolidated Statements of Equity for the years ended December 31, 2020, 2019 and 2018.
6. Consolidated Statements of Cash Flows for the years ended December 31, 2020, 2019 and 2018.
7. Notes to the Consolidated Financial Statements.
8. Financial Statement Schedules.
b. Exhibits
2. Not Applicable.

 



 



 



 



 


11. Not Applicable.
12. Not Applicable.
ITEM 25. DIRECTORS AND OFFICERS OF THE DEPOSITOR
The following are the Officers and Directors who are engaged directly or indirectly in activities relating to the Registrant or the variable annuity contracts offered by the Registrant and the executive officers of the Company:
Name and Principal Business Address   Positions and Offices with Depositor
Eric Steigerwalt
11225 North Community House Road
Charlotte, NC 28277
  Director, Chairman of the Board, President and Chief Executive Officer
    
Myles Lambert
11225 North Community House Road
Charlotte, NC 28277
Director and Vice President  
    
Conor Murphy
11225 North Community House Road
Charlotte, NC 28277
Director and Vice President
    
John Rosenthal
334 Madison Avenue
Morristown, NJ 07960
Director, Vice President and Chief Investment Officer  
    
Edward Spehar
11225 North Community House Road
Charlotte, NC 28277
Director, Vice President and Chief Financial Officer
    
Michele Abate
One Financial Center, 21st Floor
Boston, MA 02111
Vice President
    
Devon Arendosh
11225 North Community House Road
Charlotte, NC 28277
Vice President and Chief Information Security Officer
    
D. Burt Arrington
11225 North Community House Road
Charlotte, NC 28277
Vice President and Secretary
    

 


Kimberly Berwanger
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
David Chamberlin
18205 Crane Nest Drive
Tampa, FL 33647
Vice President
    
Patrisha Cox
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Ruth Damian
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Kumar Das Gupta
11225 North Community House Road
Charlotte, NC 28277
Vice President  
    
Christine DeBiase
11225 North Community House Road
Charlotte, NC 28277
Vice President, General Counsel and Assistant Secretary  
    
Andrew DeRosa
334 Madison Avenue
Morristown, NJ 07960
Vice President  
    
David Dooley
334 Madison Avenue
Morristown, NJ 07960
Vice President
    
Meghan Doscher
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Micah Dowling
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Lynn Dumais
11225 North Community House Road
Charlotte, NC 28277
Vice President and Chief Accounting Officer
    
Tara Figard
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Gianna Figaro-Sterling
11225 North Community House Road
Charlotte, NC 28277
Vice President and Controller
    
Kevin Finneran
11225 North Community House Road
Charlotte, NC 28277
Vice President and Illustration Officer
    

 


Jason Frain
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Ryan Fuhs
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
James Grady
334 Madison Avenue
Morristown, NJ 07960
Vice President  
    
Jeffrey Halperin
11225 North Community House Road
Charlotte, NC 28277
Vice President and Chief Compliance Officer
    
Christopher Hartsfield
11225 North Community House Road
Charlotte, NC 28277
Vice President and Assistant Secretary
    
Jeffrey Hughes
11225 North Community House Road
Charlotte, NC 28277
Vice President and Chief Technology Officer
    
Jacob Jenkelowitz
285 Madison Avenue
New York, NY 10017
Vice President and Assistant Secretary
    
Roger Kramer, Jr.
334 Madison Avenue
Morristown, NJ 07960
Vice President  
    
Donald Leintz
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
John Lima
334 Madison Avenue
Morristown, NJ 07960
Chief Derivatives Officer
    
Philip Melville
334 Madison Avenue
Morristown, NJ 07960
Vice President and Chief Risk Officer  
    
Janet Morgan
11225 North Community House Road
Charlotte, NC 28277
Vice President and Treasurer
    
Gerard Nigro
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Alan Otis
One Financial Center, 21st Floor
Boston, MA 02111
Vice President
    

 


Melissa Pavlovich
11225 North Community House Road
Charlotte, NC 28277
Vice President and Tax Director
    
Marc Pucci
334 Madison Avenue
Morristown, NJ 07960
Vice President
    
Jose Singer-Freeman
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
Kristi Slavin
One Financial Center, 21st Floor
Boston, MA 02111
Vice President
    
Roger Andrew Vigar
11225 North Community House Road
Charlotte, NC 28277
Vice President  
    
Michael Villella
11225 North Community House Road
Charlotte, NC 28277
Vice President and Illustration Actuary
    
Antoine Walthour
11225 North Community House Road
Charlotte, NC 28277
Vice President  
    
Mark Wessel
11225 North Community House Road
Charlotte, NC 28277
Vice President  
    
Natalie Wright
11225 North Community House Road
Charlotte, NC 28277
Vice President
ITEM 26. PERSONS CONTROLLED BY OR UNDER COMMON CONTROL WITH THE DEPOSITOR OR REGISTRANT
The Registrant is a separate account of Brighthouse Life Insurance Company (“BLIC” or the “Company”) under Delaware insurance law. BLIC is an indirect subsidiary of Brighthouse Financial, Inc., a publicly-traded company. The following outline indicates those entities that are controlled by Brighthouse Financial, Inc. or are under the common control of Brighthouse Financial, Inc. No person is controlled by the Registrant.
ORGANIZATIONAL STRUCTURE OF BRIGHTHOUSE FINANCIAL, INC. AND SUBSIDIARIES
AS OF DECEMBER 31, 2020
The following is a list of subsidiaries of Brighthouse Financial, Inc. as of December 31, 2020.
That entity which is listed at the left margin (labeled with a capital letter) is a direct subsidiary of Brighthouse Financial, Inc. (DE)
Each entity which is indented under another entity is a subsidiary of that other entity and, therefore, an indirect subsidiary of Brighthouse Financial, Inc.
The voting securities of the subsidiaries listed are 100% owned by their respective parent corporations. The jurisdiction of domicile of each subsidiary listed is set forth in the parenthetical following such subsidiary. All of the entities listed below are included in the consolidated financial statements of Brighthouse Financial, Inc. Each of the entities listed under Section 2 are included in the consolidated financial statements of BLIC. Both Brighthouse Financial, Inc. and BLIC file consolidated financial statements with the SEC pursuant to the Securities Exchange Act of 1934, as

 


amended.    
A. Brighthouse Holdings, LLC (DE)
  1. New England Life Insurance Company (MA)
  2. Brighthouse Life Insurance Company (DE)
    a.   Brighthouse Reinsurance Company of Delaware (DE)
    b.   Brighthouse Life Insurance Company of NY (NY)
    c.   Brighthouse Connecticut Properties Ventures, LLC (DE)
    d.   Brighthouse Renewables Holdings, LLC (DE)
      (i.)     Greater Sandhill I, LLC (DE)
    e.   Daniel/Brighthouse Midtown Atlanta Master Limited Liability Company (DE)
      (i.)     1075 Peachtree LLC (DE)
    f.   Brighthouse Assignment Company (CT)
    g.   ML 1065 Hotel, LLC (DE)
    h.   TIC European Real Estate LP, LLC (DE)
    i.   Euro TL Investments LLC (DE)
    j.   TLA Holdings LLC (DE)
      (i.)     The Prospect Company (DE)
    k.   Euro TI Investments LLC (DE)
    l.   TLA Holdings II LLC (DE)
  3. Brighthouse Securities, LLC (DE)
  4. Brighthouse Services, LLC (DE)
  5. Brighthouse Investment Advisers, LLC (DE)
ITEM 27. NUMBER OF CONTRACT OWNERS
As of January 31, 2021, there were 335,836 owners of qualified contracts and 138,537 owners of non-qualified contracts offered by the Registrant (Brighthouse Separate Account A).
ITEM 28. INDEMNIFICATION
Pursuant to applicable provisions of Brighthouse Life Insurance Company’s by-laws or internal corporate policies adopted by Brighthouse Life Insurance Company or Brighthouse Financial, Inc., its ultimate parent, the directors, officers and other controlling persons of Brighthouse Life Insurance Company and of Brighthouse Life Insurance Company’s affiliate and the underwriter, Brighthouse Securities, LLC, who are made or threatened to be made a party to an action or proceeding, may be eligible to obtain indemnification against judgments, fines, amounts paid in settlement and reasonable expenses, including attorneys’ fees, incurred as a result of such action or proceeding. Under the principal underwriting agreement between Brighthouse Life Insurance Company and Brighthouse Securities, LLC the parties have agreed to indemnify each other against certain liabilities and expenses from legal proceedings arising out of Brighthouse Securities LLC’s distribution of the Contracts.
Brighthouse Financial, Inc. also maintains directors and officers and professional liability insurance policies under which the Registrant, the Depositor and the Underwriter, as well as certain other Brighthouse subsidiaries, are covered. Brighthouse Financial, Inc. also has secured a financial institutions bond.

 


Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company 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, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company 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 Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question 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 UNDERWRITERS
(a) Brighthouse Securities, LLC is the principal underwriter for the following investment companies (including the Registrant):
Brighthouse Fund UL for Variable Life Insurance
Brighthouse Fund UL III for Variable Life Insurance
Brighthouse Funds Trust I
Brighthouse Funds Trust II
Brighthouse Separate Account A
Brighthouse Separate Account Eleven for Variable Annuities
Brighthouse Separate Account QPN for Variable Annuities
Brighthouse Variable Annuity Account B
Brighthouse Variable Annuity Account C
Brighthouse Variable Life Account A
Brighthouse Variable Life Account One
New England Variable Annuity Separate Account
New England Variable Life Separate Account
(b) Brighthouse Securities, LLC is the principal underwriter for the Contracts. The following persons are the officers and managers of Brighthouse Securities, LLC. The principal business address for Brighthouse Securities, LLC is 11225 North Community House Road, Charlotte, NC 28277.
   
Name and Principal Business Address   Positions and Offices with Underwriter
    
Myles Lambert
11225 North Community House Road
Charlotte, NC 28277
Manager, President and Chief Executive Officer
    
Philip Beaulieu
11225 North Community House Road
Charlotte, NC 28277
Manager and Vice President
    
Melissa Cox
11225 North Community House Road
Charlotte, NC 28277
Manager and Vice President
    
Michael Davis
11225 North Community House Road
Charlotte, NC 28277
Manager and Vice President
    
Gerard Nigro
11225 North Community House Road
Charlotte, NC 28277
Manager and Vice President
    

 


D. Burt Arrington
11225 North Community House Road
Charlotte, NC 28277
Vice President and Secretary
    
Jeffrey Halperin
11225 North Community House Road
Charlotte, NC 28277
Vice President, General Counsel and Chief Compliance Officer
Christopher Hartsfield
11225 North Community House Road
Charlotte, NC 28277
Vice President and Assistant Secretary
Jacob Jenkelowitz
285 Madison Avenue
New York, NY 10017
Vice President and Assistant Secretary
    
John John Martinez
11225 North Community House Road
Charlotte, NC 28277
Principal Financial Officer
    
Donald Leintz
11225 North Community House Road
Charlotte, NC 28277
Vice President
    
John Lima
334 Madison Avenue Floor 3
Morristown, NJ 07960
Vice President and Chief Derivatives Officer
    
Janet Morgan
11225 North Community House Road
Charlotte, NC 28277
Vice President and Treasurer
    
Melissa Pavlovich
11225 North Community House Road
Charlotte, NC 28277
Vice President and Tax Director
    
Jose Singer-Freeman
11225 North Community House Road
Charlotte, NC 28277
Vice President
(c) Compensation to the Distributor. The following aggregate amount of commissions and other compensation was received by the Distributor, directly or indirectly, from the Registrant and the other separate accounts of the Depositor, which also issue variable annuity contracts, during their last fiscal year:
   
(1)
Name of Principal Underwriter
  (2)
Net Underwriting
Discounts And
Commissions
  (3)
Compensation
On Redemption
  (4)
Brokerage
Commissions
  (5)
Other
Compensation
Brighthouse Securities, LLC

  $651,736,999   $0   $0   $0
Item 30. Location of Accounts and Records
Omitted.
ITEM 31. MANAGEMENT SERVICES
Not Applicable.
ITEM 32. UNDERTAKINGS

 


a. Registrant hereby undertakes 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 sixteen (16) months old for so long as payment under the variable annuity contracts may be accepted.
b. Registrant hereby undertakes to include either (1) as part of any application to purchase a contract offered by the Prospectus, a space that an applicant can check to request a Statement of Additional Information, or (2) a postcard 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. Registrant hereby undertakes to deliver any Statement of Additional Information and any financial statement required to be made available under this Form promptly upon written or oral request.
REPRESENTATIONS
Brighthouse Life Insurance Company (the "Company") hereby represents that the fees and charges deducted under the Contracts, in the aggregate, are reasonable in relation to the services rendered, the expenses to be incurred, and the risks assumed by the Company.
The Company hereby represents that it is relying upon the Securities and Exchange Commission No-Action Letter issued to the American Council of Life Insurance dated November 28, 1988 (Commission ref. IP-6-88) and that the following provisions have been complied with:
1. Include appropriate disclosure regarding the redemption restrictions imposed by Section 403(b)(11) in each registration statement, including the prospectus, used in connection with the offer of the contract;
2. Include appropriate disclosure regarding the redemption restrictions imposed by Section 403(b)(11) in any sales literature used in connection with the offer of the contract;
3. Instruct sales representatives who solicit participants to purchase the contract specifically to bring the redemption restrictions imposed by Section 403(b)(11) to the attention of the potential participants;
4. Obtain from each plan participant who purchases a Section 403(b) annuity contract, prior to or at the time of such purchase, a signed statement acknowledging the participant's understanding of (1) the restrictions on redemption imposed by Section 403(b)(11), and (2) other investment alternatives available under the employer's Section 403(b) arrangement to which the participant may elect to transfer his contract value.


SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of this registration statement under rule 485(b) under the Securities Act and has duly caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Charlotte, and State of North Carolina, on the 6th day of April, 2021.
  BRIGHTHOUSE SEPARATE ACCOUNT A
(Registrant)
  By: BRIGHTHOUSE LIFE INSURANCE COMPANY
  By: /s/ Donald A. Leintz
    Donald A. Leintz
Vice President
    
  By: BRIGHTHOUSE LIFE INSURANCE COMPANY
    (Depositor)
  By: /s/ Donald A. Leintz
    Donald A. Leintz
Vice President

 


Pursuant to the requirement of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on April 7, 2021.
/s/ Eric Steigerwalt*

Eric Steigerwalt
Chairman of the Board, President, Chief Executive Officer and a Director
/s/ Myles Lambert*

Myles Lambert
Director and Vice President
/s/ Conor Murphy*

Conor Murphy
Director and Vice President
/s/ Jonathan Rosenthal*

Jonathan Rosenthal
Director, Vice President and Chief Investment Officer
/s/ Edward A. Spehar*

Edward A. Spehar
Director, Vice President and Chief Financial Officer
/s/ Lynn A. Dumais*

Lynn A. Dumais
Vice President and Chief Accounting Officer
    
  *By: /s/ Michele H. Abate
    Michele H. Abate, Attorney-In-Fact
April 7, 2021
* Brighthouse Life Insurance Company. Executed by Michele H. Abate, Esquire on behalf of those indicated pursuant to powers of attorney filed herewith.

 


10. Consent of Independent Registered Public Accounting Firm (Deloitte & Touche LLP)
13. Powers of Attorney

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘485BPOS’ Filing    Date    Other Filings
1/1/26
4/30/22
Effective on:4/30/21485BPOS,  497
Filed on:4/16/21485BPOS
4/7/21
1/31/21
12/31/2024F-2NT,  N-30D,  N-CEN,  N-VPFS
1/1/20
12/31/1924F-2NT,  N-30D,  N-CEN
12/31/1824F-2NT,  N-30D,  N-CEN
9/1/18
4/30/18485BPOS
12/31/1724F-2NT,  N-30D,  NSAR-U
9/1/17
8/4/17
3/6/17485APOS,  497
9/1/16
5/1/16485BPOS
11/14/14485APOS,  EFFECT,  N-4
4/28/14485BPOS
8/9/13
4/29/13485BPOS,  497,  EFFECT
12/31/1224F-2NT,  N-30D,  NSAR-U
8/17/12
7/1/12
4/30/12485BPOS,  497,  EFFECT
2/24/12
10/7/11EFFECT
9/23/11
5/1/11485BPOS
2/25/11NSAR-U
7/19/10
7/16/10
7/13/09EFFECT
5/4/09497J
5/1/09485BPOS
2/24/09
2/23/09
12/7/07
9/24/07
7/16/07485BPOS
7/13/07
2/26/07
2/23/07497,  NSAR-U
11/13/06485BPOS
11/9/06
5/1/06485BPOS
2/27/06
5/2/05497
4/29/05
5/1/03485BPOS
2/15/03
10/31/02
3/19/02
9/4/01
3/22/01
2/12/01
1/8/01
12/31/9924F-2NT,  NSAR-U
 List all Filings 


31 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/26/21  Brighthouse Separate Account A    N-VPFS     12/31/20    1:11M                                    Toppan Merrill/FA
 4/12/17  Brighthouse Separate Account A    485BPOS     5/01/17   10:1.7M                                   Donnelley … Solutions/FA
 4/15/16  Brighthouse Separate Account A    485BPOS     5/01/16    4:1.9M                                   Donnelley … Solutions/FA
 4/06/16  Brighthouse Sep Acct E… Annuities 485BPOS     5/01/16    8:2.4M                                   Donnelley … Solutions/FA
 4/17/15  Brighthouse Separate Account A    485BPOS     5/01/15    4:1.9M                                   Donnelley … Solutions/FA
11/17/14  Brighthouse Separate Account A    N-4        11/14/14   12:2.5M                                   Donnelley … Solutions/FA
 4/10/13  Brighthouse Separate Account A    485BPOS     4/29/13   10:1.5M                                   Donnelley … Solutions/FA
 4/11/12  Brighthouse Separate Account A    485BPOS     4/30/12    5:1.4M                                   Donnelley … Solutions/FA
 4/04/12  Brighthouse Sep Acct E… Annuities 485BPOS     4/30/12   14:1.4M                                   Donnelley … Solutions/FA
 4/20/11  Brighthouse Separate Account A    485BPOS     5/01/11    4:1.5M                                   Donnelley … Solutions/FA
 3/22/11  Brighthouse Separate Account A    485BPOS     4/21/11    5:661K                                   Donnelley … Solutions/FA
 6/11/10  Brighthouse Separate Account A    485BPOS     6/21/10    3:85K                                    Donnelley … Solutions/FA
 4/22/10  Brighthouse Separate Account A    485BPOS     5/01/10    4:1.5M                                   Donnelley … Solutions/FA
 4/08/09  Brighthouse Sep Acct E… Annuities 485BPOS     5/01/09    4:1.1M                                   Bowne of Boston/FA
 1/09/09  Brighthouse Separate Account A    N-4¶                   7:497K                                   Donnelley … Solutions/FA
10/28/08  Brighthouse Separate Account A    N-4/A¶                13:1M                                     Donnelley … Solutions/FA
 4/15/08  Brighthouse Separate Account A    485APOS¶               7:1.1M                                   Donnelley … Solutions/FA
12/21/07  Brighthouse Separate Account A    485APOS¶               6:492K                                   Donnelley … Solutions/FA
10/31/07  Metlife of CT Sep Acct… Annuities 485BPOS    11/12/07    5:449K                                   Donnelley … Solutions/FA
 4/16/07  Brighthouse Separate Account A    485BPOS     4/30/07    7:1.2M                                   Donnelley … Solutions/FA
 4/24/06  Brighthouse Separate Account A    485BPOS     5/01/06    6:1.1M                                   Donnelley … Solutions/FA
 4/06/06  Metlife of CT Fd Abd f… Annuities 485BPOS     5/01/06   11:1.6M                                   Bowne of Boston/FA
 9/09/05  Brighthouse Separate Account A    485BXT                 3:69K                                    Donnelley … Solutions/FA
 7/13/05  Brighthouse Separate Account A    485APOS                7:134K                                   Donnelley … Solutions/FA
 4/25/05  Brighthouse Separate Account A    485BPOS     5/01/05    5:758K                                   Donnelley … Solutions/FA
 1/18/05  Brighthouse Separate Account A    485APOS                5:5.9M                                   Donnelley … Solutions/FA
 7/15/04  Brighthouse Separate Account A    485BPOS     7/15/04   24:1M                                     Donnelley … Solutions/FA
 4/27/04  Brighthouse Separate Account A    485BPOS     4/27/04    6:634K                                   Donnelley … Solutions/FA
 4/13/01  Brighthouse Separate Account A    485BPOS     4/13/01    7:508K                                   Blazzard & Hasena… PC/FA
 3/21/01  Brighthouse Separate Account A    N-4/A                  5:403K                                   Blazzard & Hasena… PC/FA
 1/26/01  Brighthouse Separate Account A    N-4                   17:298K                                   Blazzard & Hasena… PC/FA
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