| Lifetime Variable Select** | ||||||
|---|---|---|---|---|---|---|
| Average Annual Total Returns as of 06/30/2008 | ||||||
| 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
Inception Date2 | |
| International | ||||||
| International Equity | -15.29% | 13.60% | 16.58% | -- | 1.98% | 04/03/2000 |
| U.S. Equity | ||||||
| Growth Equity | 0.02% | 7.09% | 7.54% | -- | -5.30% | 04/03/2000 |
| Growth & Income | -4.66% | 9.23% | 10.13% | -- | 0.24% | 04/03/2000 |
| Large-Cap Value | -22.50% | 2.40% | 8.74% | -- | 10.08% | 10/28/2002 |
| Stock Index | -13.12% | 4.09% | 7.67% | -- | 2.31% | 01/04/1999 |
| Small-Cap Equity | -18.08% | 2.51% | 9.62% | -- | 12.50% | 10/28/2002 |
| Social Choice Equity | -12.17% | 4.53% | 7.71% | -- | 0.07% | 04/03/2000 |
| Fixed Income | ||||||
| Bond | 3.99% | 2.69% | -- | -- | 3.23% | 07/21/2003 |
| Real Estate | ||||||
| Real Estate Securities | -15.77% | 2.10% | 12.01% | -- | 14.72% | 10/28/2002 |
| Money Market2 | ||||||
| Money Market | 3.66% | 4.01% | -- | -- | 2.82% | 07/21/2003 |
| 7-day current annualized yield 1.63% as of 10/03/2008 7-day effective annualized yield 1.64% as of 10/03/2008 |
||||||
| Personal Annuity Select | ||||||
|---|---|---|---|---|---|---|
| Average Annual Total Returns as of 06/30/2008 | ||||||
| 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
Inception Date3 | |
| International | ||||||
| International Equity | -15.29% | 13.60% | 16.58% | -- | 2.10% | 04/03/2000 |
| U.S. Equity | ||||||
| Growth Equity | 0.02% | 7.08% | 7.53% | -- | -5.20% | 04/03/2000 |
| Growth & Income | -4.67% | 9.22% | 10.13% | -- | 0.36% | 04/03/2000 |
| Large-Cap Value | -22.50% | 2.40% | 8.74% | -- | 10.12% | 10/28/2002 |
| Small-Cap Equity | -18.09% | 2.50% | 9.61% | -- | 12.53% | 10/28/2002 |
| Social Choice Equity | -12.17% | 4.53% | 7.71% | -- | 0.19% | 04/03/2000 |
| Stock Index | -13.13% | 4.09% | 7.68% | -- | 2.46% | 01/04/1999 |
| Real Estate | ||||||
| Real Estate Securities | -15.78% | 2.10% | 12.01% | -- | 14.76% | 10/28/2002 |
| Teachers Personal Annuity | ||||||
|---|---|---|---|---|---|---|
| Average Annual Total Returns as of 06/30/2008 | ||||||
| 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
Inception Date3 | |
| U.S. Equity | ||||||
| Stock Index | -13.16% | 4.08% | 7.66% | 3.00% | 9.15% | 11/01/1994 |
The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted above.
| * | Intelligent Variable Annuity's contract issuance date was February 5th, 2008 and the separate account established date was July 27th, 1998. Performance includes investment account performance prior to introduction of contract, adjusted to reflect Intelligent Variable Annuity's contract expenses. |
| ** | Lifetime Variable Select performance includes investment account performance prior to introduction of contract, adjusted to reflect Lifetime Variable Select contract expenses. |
TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please click here or call 1 877 518-9161 for a prospectus that contains this and other information. Please read the prospectus carefully before investing. TIAA (Teachers Insurance and Annuity Association) and TIAA-CREF Life Insurance Company (TIAA-CREF Life), New York, NY issues after-tax annuities. Investment products are not FDIC insured, may lose value, and are not guaranteed.
© 2008 and prior years, Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF), New York, NY 10017
