Amount of Payouts after the First. Payouts after the first will vary depending upon the investment experience of the Sub-Accounts in the Investment Segment. The subsequent amount paid from each Sub-Account is determined by multiplying (a) by (b) where (a) is the number of Sub-Account Annuity Units credited and (b) is the Sub-Account Annuity Unit value on the 1st Valuation Date preceding the payment date. The total amount of each variable annuity payout will be the sum of the variable annuity payouts for each Sub-Account in the Investment Segment. To prevent variable annuity payouts from decreasing, the annualized investment experience of the Sub- Accounts must be greater or equal to the assumed interest rate shown on the Contract Date Page.
Appears in 3 contracts
Sources: Annuity Contract (Variable Annuity 1 Series Account), Annuity Contract (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co), Annuity Contract (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co)