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As filed with the Securities and Exchange		Registration No. 333-85618
Commission on April 8, 2011		Registration No. 811-07935

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. 40		[ X ]
	and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No.		[ X ]

SEPARATE ACCOUNT NY-B
(Exact Name of Registrant)

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
(Name of Depositor)
1000 Woodbury Road, Suite 208
Woodbury, New York 11797
(800) 963-9539
(Address and Telephone Number of Depositor’s Principal Offices)

Nicholas Morinigo, Esq.
ReliaStar Life Insurance Company of New York
1475 Dunwoody Drive, West Chester, PA 19380-1478
(610) 425-3447

(Name and Address of Agent for Service of Process)
Approximate Date of Proposed Public Offering:
As soon as practical after the effective date of the Registration Statement

It is proposed that this filing will become effective (check appropriate box):
[ ] immediately upon filing pursuant to paragraph (b) of Rule 485
[ X ] on April 29, 2011 pursuant to paragraph (b) of Rule 485
[ ] 60 days after filing pursuant to paragraph (a)(1) of Rule 485
[ ] on 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:
Deferred Combination Variable and Fixed Annuity Contracts

PART A

ReliaStar Life Insurance Company of New York

Separate Account NY-B of ReliaStar Life Insurance Company of New York

Deferred Combination Variable and Fixed Annuity Prospectus

ING EMPIRE TRADITIONS VARIABLE ANNUITY

April 29, 2011

This prospectus describes ING Empire Traditions Variable Annuity, a deferred combination variable and fixed
annuity contract (the “Contract”) offered for sale by ReliaStar Life Insurance Company of New York (“ReliaStar of
NY,” the “Company,” “we” or “our”) through Separate Account NY-B (the “Separate Account”). The Contract was
available in connection with certain retirement plans that qualify for special federal income tax treatment (“qualified
Contracts”) under the Internal Revenue Code of 1986, as amended (the “Tax Code”), as well as those that do not
qualify for such treatment (“non-qualified Contracts”). As of March 15, 2010, we are no longer offering this
Contract for sale to new purchasers.

The Contract provides a means for you to allocate your premium payments and any associated premium credits,
if applicable, in one or more subaccounts, each of which invest in a single investment portfolio. You may also
allocate premium payments and any associated premium credits, if applicable, to our Fixed Interest Division with
guaranteed interest periods. Your contract value will vary daily to reflect the investment performance of the
investment portfolio(s) you select and any interest credited to your allocations in the Fixed Interest Division. Some
guaranteed interest periods or subaccounts may not be available. The investment portfolios available under your
Contract are listed on the back of this cover.

You have a right to return a Contract within 10 days after you receive it for a refund of the adjusted contract
value, less any premium credits, if applicable (which may be more or less than the premium payments you paid).
Longer free look periods apply in certain situations.

Replacing an existing annuity with the Contract may not be beneficial to you. Your existing annuity may
be subject to fees or penalties on surrender, and the Contract may have new charges.

This prospectus provides information that you should know before investing and should be kept for future
reference. A Statement of Additional Information (“SAI”), dated April 29, 2011, has been filed with the
Securities and Exchange Commission (“SEC”). It is available without charge upon request. To obtain a copy of this
document, write to our Customer Service Center at P.O. Box 9271, Des Moines, Iowa 50306-9271 or call (800) 366-
0066, or access the SEC’s website (http://www.sec.gov). When looking for information regarding the contracts
offered through the prospectus, you may find it useful to use the number assigned to the registration statement under
the Securities Act of 1933. The number is 333-85618. The table of contents of the SAI is on the last page of this
prospectus and the SAI is made part of this prospectus by reference.

The Securities and Exchange Commission has not approved or disapproved these securities or passed
upon the adequacy of this prospectus. Any representation to the contrary is a criminal offense.

The Contract has a premium credit option that is available for an additional charge. The expenses for a contract
providing a premium credit, as this Contract does, may be higher than for contracts not providing a premium credit.
Over time, and under certain circumstances, the amount of the premium credit may be more than offset by the
additional fees and charges associated with the premium credit. See “The Annuity Contract – Additional Credit to
Premium” for further information about the terms of the premium credit option. See “Charges and Fees – Charges
Deducted from the Subaccounts – Premium Credit Option Charge” for further information about the additional fees and
charges associated with the premium credit option.

Allocations to a subaccount investing in a Trust or Fund (investment portfolio) is not a bank deposit and
is not insured or guaranteed by any bank or by the Federal Deposit Insurance Corporation or any other
government agency.

We pay compensation to broker/dealers whose registered representatives sell the Contract. See “Other
Contract Provisions – Selling the Contract” for further information about the amount of compensation we
pay.

The investment portfolios are listed on the next page.

ING Empire Traditions - 85618


The investment portfolios currently available under your Contract are:

BlackRock Global Allocation V.I. Fund (Class III)	ING Large Cap Growth Portfolio (Class S)
ING American Funds Asset Allocation Portfolio	ING Large Cap Value Portfolio (Class S)
ING American Funds Bond Portfolio	ING Liquid Assets Portfolio (Class S)
ING American Funds Global Growth and Income Portfolio	ING Marsico Growth Portfolio (Class S)
ING American Funds Growth Portfolio	ING MFS Total Return Portfolio (Class S)
ING American Funds International Growth and Income Portfolio	ING MFS Utilities Portfolio (Class S)
ING American Funds International Portfolio	ING MidCap Opportunities Portfolio (Class S)
ING American Funds World Allocation Portfolio (Class S)	ING Morgan Stanley Global Franchise Portfolio (Class S)
ING Artio Foreign Portfolio (Class S)	ING Oppenheimer Active Allocation Portfolio (Class S)
ING Baron Small Cap Growth Portfolio (Class S)	ING Oppenheimer Global Portfolio (Class S)
ING BlackRock Health Sciences Opportunities Portfolio (Class S)	ING PIMCO High Yield Portfolio ( Class S)
ING BlackRock Inflation Protected Bond Portfolio (Class S)	ING PIMCO Total Return Bond Portfolio (Class S)
ING BlackRock Large Cap Growth Portfolio (Class S)	ING Pioneer Fund Portfolio (Class S)
ING BlackRock Science and Technology Opportunities Portfolio	ING Pioneer Mid Cap Value Portfolio (Class S)
(Class S)	ING Retirement Conservative Portfolio (Class ADV)
ING Davis New York Venture Portfolio (Class S)	ING Retirement Growth Portfolio (Class ADV)
ING DFA World Equity Portfolio (Class S)	ING Retirement Moderate Growth Portfolio (Class ADV)
ING EURO STOXX 50^®Index Portfolio (Class ADV)	ING Retirement Moderate Portfolio (Class ADV)
ING FMR^SMDiversified Mid Cap Portfolio (Class S)	ING Russell™ Large Cap Growth Index Portfolio (Class S)
ING Franklin Income Portfolio (Class S)	ING Russell^TMLarge Cap Index Portfolio (Class S)
ING Franklin Mutual Shares Portfolio (Class S)	ING Russell™ Large Cap Value Index Portfolio (Class S)
ING Franklin Templeton Founding Strategy Portfolio (Class S)	ING Russell™ Mid Cap Growth Index Portfolio (Class S)
ING FTSE 100 Index^®Portfolio (Class ADV)	ING Russell^TMMid Cap Index Portfolio (Class S)
ING Global Resources Portfolio (Class ADV)	ING Russell^TMSmall Cap Index Portfolio (Class S)
ING Growth and Income Portfolio (Class ADV)	ING Small Company Portfolio (Class S)
ING Hang Seng Index Portfolio (Class S)	ING Templeton Foreign Equity Portfolio (Class S)
ING Intermediate Bond Portfolio (Class S)	ING Templeton Global Growth Portfolio (Class S)
ING International Index Portfolio (Class S)	ING T. Rowe Price Capital Appreciation Portfolio (Class S)
ING Invesco Van Kampen Comstock Portfolio (Class S)	ING T. Rowe Price Equity Income Portfolio (Class S)
ING Invesco Van Kampen Equity and Income Portfolio (Class S)	ING T. Rowe Price Growth Equity Portfolio (Class S)
ING Invesco Van Kampen Growth and Income Portfolio (Class S)	ING T. Rowe Price International Stock Portfolio (Class S)
ING Japan TOPIX Index^®Portfolio (Class ADV)	ING U. S. Bond Index Portfolio (Class S)
ING JPMorgan Emerging Markets Equity Portfolio (Class S)
ING JPMorgan Mid Cap Value Portfolio (Class S)	ING WisdomTree^SMGlobal High-Yielding Equity Index
ING JPMorgan Small Cap Core Equity Portfolio (Class S)	Portfolio (Class S)

ING Empire Traditions - 85618


TABLE OF CONTENTS


	Page
INDEX OF SPECIAL TERMS	1
FEES AND EXPENSES	2
CONDENSED FINANCIAL INFORMATION	6
RELIASTAR OF NY SEPARATE ACCOUNT NY-B	7
RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK	7
THE TRUSTS AND FUNDS	9
CHARGES AND FEES	11
THE ANNUITY CONTRACT	17
LIVING BENEFIT RIDERS	25
WITHDRAWALS	58
TRANSFERS AMONG YOUR INVESTMENTS (EXCESSIVE TRADING POLICY)	60
DEATH BENEFIT CHOICES	65
THE INCOME PHASE	69
OTHER CONTRACT PROVISIONS	72
OTHER INFORMATION	76
FEDERAL TAX CONSIDERATIONS	76
STATEMENT OF ADDITIONAL INFORMATION	88
APPENDIX A – Condensed Financial Information	A1
APPENDIX B – The Investment Portfolios	B1
APPENDIX C – Fixed Interest Division	C1
APPENDIX D – Surrender Charge for Excess Withdrawals Example	D1
APPENDIX E – Examples of Minimum Guaranteed Income Benefit Calculation	E1
APPENDIX F – ING LifePay Plus and ING Joint LifePay Plus Partial Withdrawal Amount Examples	F1
APPENDIX G – Examples of Fixed Allocation Funds Automatic Rebalancing	G1
APPENDIX H – ING LifePay and ING Joint LifePay	H1
APPENDIX I – Minimum Guaranteed Withdrawal Benefit	I1

ING Empire Traditions – 85618

INDEX OF SPECIAL TERMS

The following special terms are used throughout this prospectus. Refer to the page(s) listed for an explanation of

each term:


Special Term	Page
Accumulation Unit	6
Annual Ratchet Enhanced Death Benefit	66
Annuitant	18
Cash Surrender Value	24
Contract Date	18
Contract Owner	18
Contract Value	23
Contract Year	18
Fixed Interest Allocation	25
Free Withdrawal Amount	12
GET Fund	9
Income Phase Payment Start Date	23
Net Investment Factor	6
Net Rate of Return	6
Restricted Funds	10
Standard Death Benefit	66

The following terms as used in this prospectus have the same or substituted meanings as the corresponding terms
currently used in the Contract:


Term Used in This Prospectus	Corresponding Term Used in the Contract
Accumulation Unit Value	Index of Investment Experience
Contract Owner	Owner or Certificate Owner
Contract Value	Accumulation Value
Fixed Interest Allocation or Division	Fixed Allocation
Free Look Period	Right to Examine Period
Guaranteed Interest Period	Guarantee Period
Income Phase Payment Start Date	Annuity Commencement Date
Net Investment Factor	Experience Factor
Regular Withdrawals	Conventional Partial Withdrawals
Subaccount(s)	Division(s)
Transfer Charge	Excess Allocation Charge
Withdrawals	Partial Withdrawals

ING Empire Traditions – 85618

FEES AND EXPENSES

The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering the

contract. For more information about the fees and expenses, please see the “Charges and Fees” section later in the

prospectus.

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 contract value between investment options. State premium taxes may also be deducted.

Contract Owner Transaction Expenses


Surrender Charge:

Complete Years Elapsed	0		1		2		3		4		5		6		7	+
Since Premium Payment
Surrender Charge (as a percentage of	6	%	6	%	6	%	6	%	5	%	4	%	3	%	0	%
Premium Payment)

Transfer Charge	$25 per transfer, if you make more
than 12 transfers in a contract year, currently zero

Overnight Charge¹	$20

1 You may choose to have this charge deducted from the amount of a withdrawal you would like sent to you by
overnight delivery service.


The next table describes the fees and expenses that you will pay periodically during the time that you own the
contract, not including Trust or Fund fees and expenses.

Annual Contract Administrative Charge	$	30

(We deduct this charge on each contract anniversary and on surrender. We waive this charge if the total of
your premium payments is $50,000 or more or if your contract value at the end of a contract year is
$50,000 or more.)

Separate Account Annual Charges¹
Contract without any of the optional living benefit riders that may be available


	Option		Option		Option
	Package I²		Package II		Package III
Mortality & Expense Risk Charge	1.10	%	1.30	%	1.45	%
Asset-Based Administrative Charge	0.15	%	0.15	%	0.15	%
Total	1.25	%	1.45	%	1.60	%

Premium Credit Option Charge³	0.50	%	0.50	%	0.50	%
Total With Optional Premium Credit Charge	1.75	%	1.95	%	2.10	%

1 As a percentage of average daily assets in each subaccount. These charges are deducted daily.

2 The option packages constitute different levels of death benefit coverage that are available with the Contract. Please

see “Death Benefit Choices” for more information.

ING Empire Traditions – 85618

3 When you elect the Premium Credit Option, we will add a credit to your Contract based on all premium payments
received during your first contract year. There are circumstances under which all or part of a premium credit is subject
to forfeiture in accordance with the following table:


Contract Year of	Percentage of Premium Credit
Surrender or	Forfeited (based on percentage of
Withdrawal	first year premium withdrawn)
Years 1-2	100	%
Years 3-4	75	%
Years 5-6	50	%
Year 7	25	%
Years 8+	0	%

Please see “The Annuity Contract – Additional Credit to Premium” for more information.

The next tables show the charges for the optional riders that may be available with the Contract. You may add
only one of the following living benefit riders to your Contract. For more information about which one may be right
for you, please see “Living Benefit Riders.” For more information about the charges for the optional riders, please
see “Charges and Fees – Optional Rider Charges.”


	Optional Living Benefit Rider Charges¹

Minimum Guaranteed Accumulation Benefit “MGAB” rider:

	Maximum Annual Charge	Current Annual Charge
		(Charge Deducted Quarterly)
	1.00% of the MGAB Charge Base²	0.65% of the MGAB Charge Base²

Minimum Guaranteed Income Benefit “MGIB” rider:

	Maximum Annual Charge	Current Annual Charge
	1.50% of the MGIB Benefit Base³	0.75% of the MGIB Benefit Base³

ING LifePay Plus Minimum Guaranteed Withdrawal Benefit rider:

	Maximum Annual Charge	Current Annual Charge
		(Charge Deducted Quarterly)
	2.00% of the ING LifePay Plus Base⁴	0.70% of the ING LifePay Plus Base⁴

ING Joint LifePay Plus Minimum Guaranteed Withdrawal Benefit rider:

	Maximum Annual Charge	Current Annual Charge
		(Charge Deducted Quarterly)
	2.50% of the ING Joint LifePay Plus Base⁵	0.90% of the ING Joint LifePay Plus Base⁵

1	Optional rider charges are expressed as a percentage, rounded to the nearest hundredth of one percent. The basis
	for an optional rider charge may be a charge base, benefit base or contract value, as applicable. Optional rider
	charges are deducted from the contract value in your subaccount allocations. You may add only one optional
	rider to your Contract.

2	The MGAB Charge Base is calculated based on total premiums and any premium credits, if applicable, within a
	two-year period from the rider date. Please see “Charges and Fees - Optional Rider Charges – Minimum
	Guaranteed Accumulation Benefit (MGAB)” and “Living Benefit Riders – Minimum Guaranteed Accumulation
	Benefit Rider (the “MGAB” rider)” later in this prospectus for more information.

ING Empire Traditions – 85618

3 The MGIB Benefit Base is equal to the greater of the MGIB Rollup Base and the MGIB Ratchet Base and is

calculated based on eligible premiums and premium credits, if applicable. Please see “Charges and Fees –

Optional Rider Charges – Minimum Guaranteed Income Benefit (MGIB)” and “Living Benefit Riders –

Minimum Guaranteed Income Benefit Rider (the “MGIB rider”)” later in this prospectus for more information.

4 The ING LifePay Plus Base is calculated based on premium, excluding any premium credits, if this rider is

elected at contract issue. The ING LifePay Plus Base is calculated based on contract value, excluding any

premium credits applied during the preceding 36 months, if this rider is added after contract issue. The current

annual charge is 0.60% if this rider was purchased before February 2, 2009. The current annual charge can

change upon a reset after your first five contract years. But you will never pay more than new issues of this rider,

subject to the maximum annual charge. Please see “Charges and Fees – Optional Rider Charges – ING LifePay

Plus Minimum Guaranteed Withdrawal Benefit (ING LifePay Plus) Rider Charge” and “Living Benefit Riders –

ING LifePay Plus Minimum Guaranteed Withdrawal Benefit (“ING LifePay Plus”) Rider” later in this

prospectus.

5 The ING Joint LifePay Plus Base is calculated based on premium, excluding any premium credits, if this rider is

elected at contract issue. The ING Joint LifePay Plus Base is calculated based on contract value, excluding any

premium credits applied during the preceding 36 months, if this rider is added after contract issue. The current

annual charge is 0.80% if this rider was purchased before February 2, 2009. The current annual charge can

change upon a reset after your first five contract years. But you will never pay more than new issues of this rider,

subject to the maximum annual charge. Please see “Charges and Fees – Optional Rider Charges – ING Joint

LifePay Plus Minimum Guaranteed Withdrawal Benefit (ING Joint LifePay Plus) Rider Charge” and “Living

Benefit Riders – ING Joint LifePay Plus Minimum Guaranteed Withdrawal Benefit (“ING Joint LifePay Plus”)

Rider” later in the prospectus.

The next two tables show the total annual charges you could pay based on the amounts you have invested in
the subaccounts (unless otherwise indicated), for the Contract and each death benefit and the most expensive
combination of riders possible. Maximum and current charges are shown, but not the Annual Contract
Administrative Charge. Also, these tables do not show the Trust or Fund Expenses. Please note that the bases for
some charges may differ somewhat. For example, the charge for the ING Joint LifePay Plus rider is based on the
ING Joint LifePay Plus Base, which can be higher than contract value, leading to higher charges than would be the
case if it were based on contract value. Nevertheless, for purposes of these tables, we have assumed that the value
of the amounts invested in the subaccounts and the ING Joint LifePay Plus Base are both the same as the contract
value. The charge for the Premium Credit Option lasts for your first seven contract years following the credit.


Separate Account Annual Charge Tables

MAXIMUM CHARGES	Option		Option		Option
	Package I		Package II		Package III
Mortality & Expense Risk Charge	1.10	%	1.30	%	1.45	%
Asset-Based Administrative Charge	0.15	%	0.15	%	0.15	%
Premium Credit Option Charge	0.50	%	0.50	%	0.50	%
Maximum ING Joint LifePay MGWB Rider
Charge (as percentage of the ING Joint
LifePay Plus Base)	2.50	%	2.50	%	2.50	%
Total	4.25	%	4.45	%	4.60	%

CURRENT CHARGES	Option		Option		Option
	Package I		Package II		Package III
Mortality & Expense Risk Charge	1.10	%	1.30	%	1.45	%
Asset-Based Administrative Charge	0.15	%	0.15	%	0.15	%
Premium Credit Option Charge	0.50	%	0.50	%	0.50	%
Current ING Joint LifePay MGWB Rider
Charge (as percentage of the ING Joint
LifePay Plus Base)	0.90	%	0.90	%	0.90	%
Total	2.65	%	2.85	%	3.00	%

ING Empire Traditions – 85618

The next item shows the minimum and maximum total operating expenses charged by a Trust or Fund that you
may pay periodically during the time that you own the Contract. More detail concerning each Trust or Fund’s fees
and expenses is contained in the prospectus for each Trust or Fund.


Total Annual Trust or Fund Operating Expenses¹	Minimum		Maximum
(expenses that are deducted from Trust or Fund assets, including
management fees, distribution and/or service (12b-1) fees, and other	0.52	%	1.59	%
expenses):

1 No waiver or reimbursement arrangements are reflected. These expenses reflect the expenses of the other (acquired)

funds with a fund of funds. No Trust or Fund currently charges a redemption fee. For more information about

redemption fees, please see “Charges and Fees – Charges Deducted From the Contract Value – Redemption Fees.”

Example

This example is intended to help you compare the cost of investing in the Contract with the cost of investing in other
variable annuity contracts. The example assumes that you invest $10,000 in the Contract for the time periods
indicated. The costs reflected are the maximum charges for the Contract with the most expensive death benefit
option and the most expensive living benefit rider. The example also assumes that your investment has a 5% return
each year and assumes the maximum Trust or Fund Expenses. Excluded are the premium credit option and its
charge, premium taxes and any transfer charges.

Although your actual costs may be higher or lower, based on these assumptions, your costs would be:


	1) If you surrender or annuitize* your contract at the end of the applicable time period:
	1 year			3 years		5 years		10 years
$1,170			$2,350		$3,483		$6,327
	2) If you do not surrender your contract:
	1	year		3 years		5 years		10 years
$570			$1,750		$2,983		$6,327


*	Surrender charges may apply if you choose to annuitize your Contract within the first year, and
	under certain circumstances, within the first seven contract years.

Compensation is paid for the sale of the Contracts. For information about this compensation, see “Other Contract
Provisions – Selling the Contract.”

Fees Deducted by the Funds

Fund Fee Information. The fund prospectuses show the investment advisory fees, 12b-1 fees and other
expenses including service fees (if applicable) charged annually by each fund. Fund fees are one factor that impacts
the value of a fund share. Please refer to the fund prospectuses for more information and to learn more about
additional factors.

The Company may receive compensation from each of the funds or the funds’ affiliates based on an annual
percentage of the average net assets held in that fund by the Company. The percentage paid may vary from one
fund company to another. For certain funds, some of this compensation may be paid out of 12b-1 fees or service
fees that are deducted from fund assets. Any such fees deducted from fund assets are disclosed in the fund
prospectuses. The Company may also receive additional compensation from certain funds for administrative,
recordkeeping or other services provided by the Company to the funds or the funds’ affiliates. These additional
payments may also be used by the Company to finance distribution. These additional payments are made by the
funds or the funds’ affiliates to the Company and do not increase, directly or indirectly, the fund fees and expenses.
Please see “Charges and Fees – Trust and Fund Expenses” for more information.

ING Empire Traditions – 85618

In the case of fund companies affiliated with the Company, where an affiliated investment adviser employs
subadvisers to manage the funds, no direct payments are made to the Company or the affiliated investment adviser
by the subadvisers. Subadvisers may provide reimbursement for employees of the Company or its affiliates to
attend business meetings or training conferences. Investment management fees are apportioned between the
affiliated investment adviser and subadviser. This apportionment varies by subadviser, resulting in varying amounts
of revenue retained by the affiliated investment adviser. This apportionment of the investment advisory fee does not
increase, directly or indirectly, fund fees and expenses. Please see “Charges and Fees – Trust and Fund Expenses”
for more information.

How Fees are Deducted. Fees are deducted from the value of the fund shares on a daily basis, which in turn
affects the value of each subaccount that purchases fund shares.

CONDENSED FINANCIAL INFORMATION

Accumulation Unit

We use accumulation units to calculate the value of a Contract. Each subaccount of Separate Account NY-B of

ReliaStar of NY (“Separate Account NY-B”) has its own accumulation unit value. The accumulation units are

valued each business day that the New York Stock Exchange is open for trading. Their values may increase or

decrease from day to day according to a Net Investment Factor, which is primarily based on the investment

performance of the applicable investment portfolio. Shares in the investment portfolios are valued at their net asset

value.

Tables containing (i) the accumulation unit value history of each subaccount of Separate Account NY-B offered in

this prospectus and (ii) the total investment value history of each such subaccount are presented in Appendix A —

Condensed Financial Information – for the lowest and highest combination of asset-based charges. The numbers

show the year-end unit values of each subaccount from the time purchase payments were first received in the

subaccounts under the Contract. Complete information is available in the SAI.

The Net Investment Factor

The Net Investment Factor is an index number which reflects certain charges under the Contract and the investment

performance of the subaccount. The Net Investment Factor is calculated for each subaccount as follows:


1	)	We take the net asset value of the subaccount at the end of each business day.

2	)	We add to (1) the amount of any dividend or capital gains distribution declared for the subaccount and
		reinvested in such subaccount. We subtract from that amount a charge for our taxes, if any.

3	)	We divide (2) by the net asset value of the subaccount at the end of the preceding business day.

4	)	We then subtract the applicable daily charges from the subaccount: the mortality and expense risk
		charge; the asset-based administrative charge; the premium credit option charge, if applicable; any
		optional rider charges; and, for the GET Fund subaccount only, the daily GET Fund guarantee charge.

Calculations for the subaccounts are made on a per share basis.

The Net Rate of Return equals the Net Investment Factor minus one.

Financial Statements
The statements of assets and liabilities, the statements of operations, the statements of changes in net
assets and the related notes to financial statements for Separate Account NY-B and the financial statements and
the related notes to financial statements for ReliaStar Life Insurance Company of NY are included in the
Statement of Additional Information.

ING Empire Traditions – 85618

RELIASTAR OF NY SEPARATE ACCOUNT NY-B

ReliaStar of NY Separate Account NY-B (“Separate Account NY-B”) was established as a separate account of First

Golden American Life Insurance Company of New York (“First Golden”) on June 13, 1996. It became a separate

account of ReliaStar of NY as a result of the merger of First Golden into ReliaStar of NY effective April 1, 2002. It

is registered with the SEC as a unit investment trust under the Investment Company Act of 1940 (“1940 Act”).

Separate Account NY-B is a separate investment account used for our variable annuity contracts. We own all the

assets in Separate Account NY-B but such assets are kept separate from our other accounts.

Separate Account NY-B is divided into subaccounts. Each subaccount invests exclusively in shares of one

investment portfolio of a Trust or Fund. Each investment portfolio has its own distinct investment objectives and

policies. Income, gains and losses, realized or unrealized, of a portfolio are credited to or charged against the

corresponding subaccount of Separate Account NY-B without regard to any other income, gains or losses of the

Company. Assets equal to the reserves and other contract liabilities with respect to each are not chargeable with

liabilities arising out of any other business of the Company. They may, however, be subject to liabilities arising

from subaccounts whose assets we attribute to other variable annuity contracts supported by Separate Account NY-

B. If the assets in Separate Account NY-B exceed the required reserves and other liabilities, we may transfer the

excess to our general account. We are obligated to pay all benefits and make all payments provided under the

Contracts.

Unlike Separate Account NY-B, the general account is not segregated or insulated from the claims of the

Company’s creditors.

Note: Other variable annuity contracts invest in Separate Account NY-B but are not

discussed in this prospectus. Separate Account NY-B may also invest in other investment portfolios which are not

available under your Contract. Under certain circumstances, we may make certain changes to the subaccounts. For

more information, see “The Annuity Contract — Addition, Deletion, or Substitution of Subaccounts and Other

Changes.”

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK

ReliaStar of NY is a New York stock life insurance company originally incorporated on June 11, 1917 under the

name The Morris Plan Insurance Society. ReliaStar of NY is authorized to transact business in all states, the District

of Columbia, the Dominican Republic and the Cayman Islands and is principally engaged in the business of

providing individual life insurance and annuities, employee benefit products and services, retirement plans, and life

and health reinsurance. Until October 1, 2003, ReliaStar of NY was a wholly owned subsidiary of Security-

Connecticut Life Insurance Company (“Security-Connecticut”). Effective October 1, 2003, Security-Connecticut

merged with and into its parent, ReliaStar Life Insurance Company (“ReliaStar”). ReliaStar is an indirect wholly

owned subsidiary of ING Groep, N.V. (“ING”), a global financial services holding company, based in The

Netherlands. Although we are a subsidiary of ING, ING is not responsible for the obligations under the Contract.

The obligations under the Contract are solely the responsibility of ReliaStar of NY.

Directed Services LLC, the distributor of the Contracts and the investment manager of the ING Investors Trust, is

also a wholly owned indirect subsidiary of ING. ING also indirectly owns ING Investments, LLC and ING

Investment Management Co., portfolio managers of the ING Investors Trust and the investment managers of the

ING Variable Insurance Trust, ING Variable Products Trust and ING Variable Product Portfolios, respectively.

As part of a restructuring plan approved by the European Commission, ING has agreed to separate its banking and

insurance businesses by 2013. ING intends to achieve this separation by divestment of its

insurance and investment management operations, including the Company. ING has announced that it will explore

all options for implementing the separation including initial public offerings, sales or combinations thereof.

ING Empire Traditions – 85618

Our principal office is located at 1000 Woodbury Road, Suite 208, Woodbury, New York 11797.

Regulatory Matters

As with many financial services companies, the Company and its affiliates periodically receive informal and formal

requests for information from various state and federal governmental agencies and self-regulatory organizations in

connection with inquiries and investigations of the products and practices of the Company or the financial services

industry. Some of these investigations and inquiries could result in regulatory action against the Company. The

potential outcome of such action is difficult to predict but could subject the Company or its affiliates to adverse

consequences, including, but not limited to, settlement payments, penalties, fines, and other financial liability. It is

not currently anticipated that the outcome of any such action will have a material adverse effect on ING or ING’s

U.S.-based operations, including the Company. It is the practice of the Company and its affiliates to cooperate fully

in these matters.

ING Empire Traditions – 85618

Product Regulation. Our products are subject to a complex and extensive array of state and federal tax,
securities and insurance laws, and regulations, which are administered and enforced by a number of governmental
and self-regulatory authorities. Specifically, U.S. federal income tax law imposes requirements relating to
nonqualified annuity product design, administration, and investments that are conditions for beneficial tax treatment
of such products under the Internal Revenue Code. (See “Federal Tax Considerations” for further discussion of
some of these requirements.) Failure to administer certain nonqualified contract features (for example, contractual
annuity start dates in nonqualified annuities) could affect such beneficial tax treatment. In addition, state and federal
securities and insurance laws impose requirements relating to insurance and annuity product design, offering and
distribution, and administration. Failure to meet any of these complex tax, securities, or insurance requirements
could subject the Company to administrative penalties, unanticipated remediation, or other claims and costs.

THE TRUSTS AND FUNDS

You will find information about the Trusts and Funds currently available under your Contract in “Appendix

B — The Investment Portfolios.” A prospectus containing more information on each Trust or Fund may be

obtained by calling our Customer Service Center at 800-366-0066. You should read the prospectus carefully

before investing.

Certain funds are designated as “Master-Feeder” or “Retirement Funds.” Funds offered in a Master-Feeder structure

(such as the American Funds) or fund of funds structure (such as the Retirement Funds) may have higher fees and

expenses than a fund that invests directly in debt and equity securities. Consult with your investment professional to

determine if the Portfolios may be suited to your financial needs, investment time horizon and risk tolerance. You

should periodically review these factors to determine if you need to change your investment strategy.

In the event that, due to differences in tax treatment or other considerations, the interests of contract owners of

various contracts participating in the Trusts conflict, we, the Boards of Trustees or Directors of Trusts or Funds, and

any insurance companies participating in the Trusts or Funds will monitor events to identify and resolve any

material conflicts that may arise.

ING GET U.S. Core Portfolio

An ING GET U.S. Core Portfolio (“GET Fund”) series may be available during the accumulation phase of the

Contract. We make a guarantee, as described below, when you allocate money into a GET Fund series. Each GET

Fund series has an offering period of six months which precedes the guarantee period. The GET Fund investment

option may not be available under your Contract or in your state. The GET Fund may not be available through all

broker dealer selling firms.

You may not allocate money into a GET Fund series if you elect an optional benefit rider. Effective June 21,

2007, no new series of the GET Fund are available.

Various series of the GET Fund may be offered from time to time, and additional charges will apply if you elect to

invest in one of these series. The Company makes a guarantee when you direct money into a GET Fund series. We

guarantee that the value of an accumulation unit of the GET Fund subaccount for that series under the Contract on

the maturity date will not be less than its value as determined after the close of business on the last day of the

offering period for that GET Fund series. If the value on the maturity date is lower than it was on the last day of the

offering period, we will add funds to the GET Fund subaccount for that series to make up the difference. This

means that if you remain invested in the GET Fund series until the maturity date, at the maturity date, you will

receive no less than the value of your separate account investment directed to the GET Fund series as of the last day

of the offering period, less charges not reflected in the accumulation unit value and any amounts you transfer or

withdraw from the GET Fund subaccount for that series. The value of dividends and distributions made by the GET

Fund series throughout the guarantee period is taken into account in determining whether, for purposes of the

guarantee, the value of your GET Fund investment on the maturity date is no less than its value as of the last day of

the offering period. If you withdraw or transfer funds from a GET Fund series prior to the maturity date, we will

process the transactions at the actual unit value next determined after we receive your request. The GET Fund

subaccount is not available for dollar cost averaging or automatic rebalancing.

ING Empire Traditions – 85618

Before the maturity date, we will send a notice to each contract owner who has allocated amounts to the GET Fund
series. This notice will remind you that the maturity date is approaching and that you must choose other investment
options for your GET Fund series amounts. If you do not make a choice, on the maturity date we will transfer your
GET Fund series amounts to another available series of the GET Fund that is then accepting deposits. If no GET
Fund series is then available, we will transfer your GET Fund series amounts to the fund or funds that we designate.

Please see the ING GET U.S. Core Portfolio prospectus for a complete description of the ING GET U.S. Core
Portfolio investment option, including charges and expenses.

Covered Funds and Special Funds
For purposes of determining benefits under the living benefit riders, we assign the investment options (the
investment portfolios available under your Contract) to one of two categories, Covered Funds or Special Funds.
Allocations to Covered Funds participate fully in the calculations to determine the value of your guaranteed benefits
under a living benefit rider. Allocations to Special Funds could affect the optional benefit rider guarantee that may
otherwise be provided because Special Funds do not participate fully in the calculations to determine the value of
your guaranteed benefit under a living benefit rider. Assets in Covered Funds generally provide a higher living
benefit than those allocated to Special Funds. Designation of investment options under these categories may vary by
benefit. Please see “Living Benefit Riders” for more information.

We may, with 30 days notice to you, designate any investment option as a Special Fund, but only with respect to
new premiums added to such investment option and also with respect to new transfers to such investment option.

Restricted Funds
Restricted Funds are not related specifically to the living benefit riders. Rather, Restricted Funds are investment
options for which we have limited the amount that may be invested, either on an aggregate basis or an individual
basis. We may designate any investment option as a Restricted Fund and limit the amount you may allocate or
transfer to a Restricted Fund. We may also change the limitations on existing Contracts with respect to new
premiums added to the investment options and with respect to new transfers to the investment options. We may
establish any such limitation, at our discretion, as a percentage of premium or contract value or as a specified dollar
amount and change the limitation at any time. To the extent an investment option is designated both a Restricted
Fund and a Special Fund, allocations to such investment option may limit your participation in the determination of
your guaranteed benefits under a living benefit rider as well as the amount you may allocate to such investment
option.

Currently, we have not designated any investment option as a Restricted Fund. We may, with 30 days notice
to you, designate any investment portfolio as a Restricted Fund or change the limitations on existing contracts with
respect to new premiums added to such investment portfolio and also with respect to new transfers to such
investment portfolio. If a change is made with regard to designation as a Restricted Fund or applicable limitations,
such change will apply only to transactions effected after such change and will not apply to amounts that may
exceed these limitations due solely to a change in designation.

We limit your investment in the Restricted Funds on both an aggregate basis for all Restricted Funds and for each
individual Restricted Fund. The aggregate limits for investment in all Restricted Funds are expressed as a
percentage of contract value, percentage of premium and maximum dollar amount. Currently, your investment in
two or more Restricted Funds would be subject to each of the following three limitations: no more than 30 percent
of contract value; up to 100 percent of each premium; and no more than $999,999,999. We may change these limits,
at our discretion, for new contracts, premiums, transfers or withdrawals.

In addition to limiting your investment in the Restricted Funds on an aggregate basis, we limit your investment in
each individual Restricted Fund. The limits for investment in each Restricted Fund are expressed as a percentage of
contract value, percentage of premium and maximum dollar amount. Currently, the limits for investment in an
individual Restricted Fund are the same as the aggregate limits set forth above. We may change these limits, at our
discretion, for new contracts, premiums, transfers or withdrawals.

ING Empire Traditions – 85618

We monitor the aggregate and individual limits on investments in Restricted Funds for each transaction (e.g.
premium payments, reallocations, withdrawals, dollar cost averaging). If the contract value in the Restricted Fund
has increased beyond the applicable limit due to market growth, we will not require the reallocation or withdrawal of
contract value from the Restricted Fund. However, if an aggregate limit has been exceeded, withdrawals must be
taken either from the Restricted Funds or taken pro-rata from all investment options in which contract value is
allocated, so that the percentage of contract value in the Restricted Funds following the withdrawal is less than or
equal to the percentage of contract value in the Restricted Funds prior to the withdrawal.

We will allocate pro-rata the portion of any premium payment that exceeds the limits with a Restricted Fund to your
other investment option choices not designated as Restricted Funds, or to a specially designated subaccount if there
are none (currently, the ING Liquid Assets Portfolio), unless you instruct us otherwise.

We will not permit a transfer to the Restricted Funds to the extent that it would increase the contract value in the
Restricted Fund or in all Restricted Funds to more than the applicable limits set forth above. We will not limit
transfers from Restricted Funds. If the result of multiple reallocations is to lower the percentage of total contract
value in Restricted Funds, the reallocation will be permitted even if the percentage of contract value in a Restricted
Fund is greater than its limit.

Please see “Withdrawals” and “Transfers Among Your Investments (Excessive Trading Policy)” in this prospectus
for more information on the effect of Restricted Funds.

CHARGES AND FEES

We deduct the Contract charges described below to compensate us for our cost and expenses, services provided and

risks assumed under the Contracts. We incur certain costs and expenses for distributing and administering the

Contracts, including compensation and expenses paid in connection with sales of the Contracts, for paying the

benefits payable under the Contracts and for bearing various risks associated with the Contracts. Some of the

charges are for optional riders, so they are only deducted if you elect to purchase the rider. The amount of a

Contract charge will not always correspond to the actual costs associated with the charge. For example, the

surrender charge collected may not fully cover all of the distribution expenses incurred by us with the service or

benefits provided. In the event there are any profits from fees and charges deducted under the Contract, including

the mortality and expense risk charge and rider and benefit charges, we may use such profits to finance the

distribution of Contracts. The expenses for a contract providing a premium credit, as this Contract does, may be

higher than for contracts not providing a premium credit. Over time, and under certain circumstances, the amount of

the premium credit may be more than offset by the additional fees and charges associated with the premium credit.

Charge Deduction Subaccount

You may elect to have all charges, except daily charges, against your contract value deducted directly from a single

subaccount designated by the Company. Currently we use the ING Liquid Assets Portfolio for this purpose. If you

do not elect this option, or if the amount of the charges is greater than the amount in the designated subaccount, the

charges will be deducted as discussed below. You may cancel this option at any time by sending notice to our

Customer Service Center in a form satisfactory to us.

Charges Deducted from the Contract Value

We deduct the following charges from your contract value:

Surrender Charge. We will deduct a contingent deferred sales charge (a “surrender charge”) if you surrender

your Contract or if you take a withdrawal in excess of the Free Withdrawal Amount during the 7-year period from

the date we receive and accept a premium payment. The surrender charge is a percentage of each premium payment

withdrawn. This charge is intended to cover sales expenses that we have incurred. The surrender charge will be

based on the total amount withdrawn, including the amount deducted for the surrender charge. It will be deducted

from the contract value remaining after you have received the amount requested for withdrawal. The surrender

charge is not based on or deducted from the amount you requested as a withdrawal. We may in the future reduce or

waive the surrender charge in certain situations and will never charge more than the maximum surrender charges.

ING Empire Traditions – 85618


The percentage of premium payments deducted at the time of surrender or excess withdrawal depends on the
number of complete years that have elapsed since that premium payment was made. We determine the surrender
charge as a percentage of each premium payment withdrawn as follows:

Complete Years Elapsed	0		1		2		3		4		5		6		7	+
Since Premium Payment
Surrender Charge (as a percentage of	6	%	6	%	6	%	6	%	5	%	4	%	3	%	0	%
Premium Payment)

Nursing Home Waiver. You may withdraw all or a portion of your contract value without a surrender charge
if:


1	)	at the time you first begin receiving care, more than one contract year has elapsed since the contract
		date;
2	)	the withdrawal is requested during the period of care or within 90 days after the last day of care; and
3	)	you have spent at least 45 days during a 60 day period in such nursing care facility.

You must submit satisfactory written proof of illness or incapacity. We may require an examination, at our cost, by
a physician of our choice. We will not waive the early withdrawal charge if you were in a nursing care facility for at
least one day during the two week period immediately preceding or following the contract date. It will also not
apply to Contracts where prohibited by state law. Please note that these withdrawals are subject to the premium
credit recapture provisions.

Terminal Illness Waiver. You may withdraw all or a portion of your contract value without a surrender
charge if:


1	)	You are first diagnosed by a qualified medical professional, on or after the first contract anniversary, as
		having a terminal illness; and

2	)	You submit satisfactory written proof of illness.

We may require an examination, at our cost, by a physician of our choice.

Free Withdrawal Amount. The Free Withdrawal Amount is 10% of contract value, based on the contract
value on the date of the withdrawal, less any withdrawals during that contract year. Under Option Package III, any
unused percentage of the 10% Free Withdrawal Amount from a contract year will carry forward into successive
contract years, based on the percentage remaining at the time of the last withdrawal in that contract year. In no
event will the free withdrawal amount at any time exceed 30% of contract value.

Surrender Charge for Excess Withdrawals. We will deduct a surrender charge for excess withdrawals which
may include a withdrawal you make to satisfy required minimum distribution requirements under the Tax Code. We
consider a withdrawal to be an “excess withdrawal” when the amount you withdraw in any contract year exceeds the
Free Withdrawal Amount. When you are receiving systematic withdrawals, any combination of regular withdrawals
and systematic withdrawals taken will be included in determining the amount of the excess withdrawals. Systematic
withdrawals are periodic scheduled withdrawals of a fixed amount or an amount based upon a percentage of contract
value. For more information about systematic withdrawals, please see “Withdrawals – Systematic Withdrawals.”
An excess withdrawal is a partial surrender of the Contract subject to a surrender charge, which we will deduct from
the contract value that remains after an excess withdrawal in proportion to your subaccount allocations.

For the purpose of calculating the surrender charge for an excess withdrawal: (a) we treat premiums as being
withdrawn on a first-in, first-out basis; and (b) amounts withdrawn which are not considered an excess withdrawal
are not considered a withdrawal of any premium payments. We have included an example of how this works in
Appendix D. Earnings for purposes of calculating the surrender charge for excess withdrawals may not be the same
as earnings under federal tax law.

ING Empire Traditions – 85618

Premium Taxes. We may make a charge for state and local premium taxes depending on your state of
residence. The tax can range from 0% to 3.5% of each premium payment. We have the right to change this amount
to conform with changes in the law or if you change your state of residence. There is currently no premium tax in
the State of New York.

We deduct the premium tax from your contract value on the income phase payment start date. In the event that you
have selected the Minimum Guaranteed Income Benefit rider and you elect to receive income payments under it
rather than the Contract, then we will deduct the premium tax from the MGIB Benefit Base. However, some
jurisdictions impose a premium tax at the time that initial and additional premiums are paid, regardless of when the
income phase payments begin. In those states we may defer collection of the premium taxes from your contract
value and deduct it when you surrender the Contract, when you take an excess withdrawal, or on the income phase
payment start date.

Administrative Charge. We deduct an annual administrative charge on each Contract anniversary, or if you
surrender your Contract prior to a Contract anniversary, at the time we determine the cash surrender value payable to
you. The amount deducted is $30 per Contract unless waived under conditions established by ReliaStar of NY. We
deduct the charge proportionately from all subaccounts in which you are invested. If there is no contract value in
those subaccounts, we will deduct the charge from your Fixed Interest Allocations starting with the guaranteed
interest periods nearest their maturity dates until the charge has been paid.

Transfer Charge. We currently do not deduct any charges for transfers made during a contract year. We have
the right, however, to assess up to $25 for each transfer after the twelfth transfer in a contract year. If such a charge
is assessed, we would deduct the charge from the subaccounts and the Fixed Interest Allocations from which each
such transfer is made in proportion to the amount being transferred from each such subaccount and Fixed Interest
Allocation unless you have chosen to have all charges deducted from a single subaccount. The charge will not apply
to any transfers due to the election of dollar cost averaging, automatic rebalancing and transfers we make to and
from any subaccount specially designated by the Company for such purpose.

Overnight Charge. You may choose to have a $20 overnight charge deducted from the amount of a withdrawal
you would like sent to you by overnight delivery service.

Redemption Fees. If applicable, we may deduct the amount of any redemption fees imposed by the underlying
portfolios as a result of withdrawals, transfers or other fund transactions you initiate. Redemption fees, if any, are
separate and distinct from any transaction charges or other charges deducted from your contract value. For a more
complete description of the funds’ fees and expenses, review each fund’s prospectus.

Charges Deducted from the Subaccounts

Mortality and Expense Risk Charge. The mortality and expense risk charge is deducted each business day.
The amount of the mortality and expense risk charge depends on the option package you have elected. The option
packages constitute different levels of death benefit coverage that are available with the Contract. Please see “Death
Benefit Choices” for more information. The charge is deducted on each business day and is a percentage of average
daily assets based on the assets you have in each subaccount. The mortality and expense risk charge compensates
the Company for death benefit and annuitization risks and the risk that expense charges will not cover actual
expenses. In the event there are any profits from the mortality and expense risk charge, we may use such profits to
finance the distribution of contracts and the premium credit option.


Option Package I			Option Package II			Option Package III
		Annual			Annual			Annual
		Charge			Charge			Charge
Annual		Expressed as	Annual		Expressed as	Annual		Expressed as
Charge		Daily Rate	Charge		Daily Rate	Charge		Daily Rate
1.10	%	0.0030%	1.30	%	0.0036%	1.45	%	0.0040%

ING Empire Traditions – 85618

Asset-Based Administrative Charge. The amount of the asset-based administrative charge, on an annual
basis, is equal to 0.15% of the assets you have in each subaccount for each since the previous business day. The
charge is deducted on each business day at the rate of .0004% from your assets in each subaccount.

Premium Credit Option Charge. The amount of the asset-based premium credit option charge, on an annual
basis, is equal to 0.50% of the assets you have in each subaccount. The charge is deducted from your assets in each
subaccount on each business day at the rate of 0.0014% for seven years following credit of the premium credit. This
charge will also be deducted from amounts allocated to the Fixed Interest Division, resulting in a 0.50% reduction in
the interest which would otherwise have been credited to your Contract during the seven contract years following
credit of the premium credit. The cost of providing the premium credit is generally covered by the premium credit
option charge, the recapture schedule for forfeiture of the credit on surrenders, withdrawals and death, and, to some
degree, by the mortality and expense risk charge. We expect to make a profit on those contracts under which the
premium credit option is elected.

Optional Rider Charges. Some features and benefits of the Contract, if available, are available by rider for an
additional charge. Please check your application for the Contract to be sure. Once elected, a rider cannot be
canceled independently of the Contract. So long as the rider is in effect, we will deduct a separate quarterly charge
for the optional benefit rider through a pro-rata reduction of the contract value of the subaccounts in which you are
invested. We deduct the rider charge on each of the Contract’s quarterly anniversary dates (defined below) in
arrears, meaning we deduct the first charge on the first quarterly anniversary date following the rider date. If the
rider is added to an existing Contract, the first quarter’s charge will be reduced proportionally for the portion of the
quarter that the rider was not in effect. Rider charges are expressed as a percentage, rounded to the nearest
hundredth of one percent.

A “quarterly anniversary date” is the date three months from the contract date that falls on the same date in the
month as the contract date. For example, if the contract date is February 12, the quarterly anniversary date is May
12. If there is no corresponding date in the month, the quarterly anniversary date will be the last date of such month.
If the quarterly anniversary date falls on a weekend or a holiday, we will use the value as of the subsequent business
day.

For a description of the rider and the defined terms used in connection with the riders, see “Living Benefit Riders.”


Minimum Guaranteed Accumulation Benefit (MGAB). The charge for the MGAB rider is as follows:

Waiting Period	As an Annual Charge	As a Quarterly Charge
10 Year	0.65% of the MGAB Charge Base	0.17% of the MGAB Charge Base

The MGAB Charge will be charged during the 10-year waiting period starting on the rider date and ending on
the MGAB Benefit Date. The MGAB Charge Base is the total of premiums and any premium credits, if applicable,
added during the two-year period commencing on the rider date if you purchase the rider on the contract date, or,
your contract value on the rider date plus premiums and any premium credits, if applicable, added during the two-
year period commencing on the rider date if you purchased the rider after the contract date, reduced pro-rata for all
withdrawals taken while the MGAB rider is in effect, including any systematic withdrawals, and reduced pro-rata
for any transfers between subaccounts or between a subaccount and a Fixed Interest Allocation made during the
three-year period before the MGAB date. Withdrawals and transfers may reduce the applicable MGAB Charge
Base by more than the amount withdrawn or transferred. See “Living Benefit Riders.”


Minimum Guaranteed Income Benefit (MGIB). The charge for the MGIB rider is as follows:

Current Annual Charge	Maximum Annual Charge
(Charge Deducted Quarterly)
0.75% of the MGIB Benefit Base	1.50% of the MGIB Benefit Base

Please see “Living Benefit Riders - Minimum Guaranteed Income Benefit Rider (the “MGIB Rider”)” for a
description of the MGIB Benefit Base and the MGIB Rate.

ING Empire Traditions – 85618

ING LifePay Plus Minimum Guaranteed Withdrawal Benefit (ING LifePay Plus) Rider Charge. The
charge for the ING LifePay Plus rider, a living benefit, is deducted quarterly from your contract value:


Maximum Annual Charge		Current Annual Charge
2.00	%	0.70	%

The current annual charge is 0.60% if you purchased this rider before February 2, 2009. The charge is a percentage
of the ING LifePay Plus Base, which we deduct in arrears based on the contract date (contract year versus calendar
year). In arrears means the first charge is deducted at the end of the first quarter following the rider effective date.
If the rider is elected at contract issue, the rider effective date is the same as the contract date. If the rider is added
after contract issue, the rider effective date will be the date of the Contract’s next following quarterly contract
anniversary. The charge will be pro-rated when the rider is terminated. Charges will also be pro-rated when your
rider enters either the Automatic Periodic Benefit Status or Lifetime Automatic Periodic Benefit Status. (No charge
is deducted thereafter.) Automatic Periodic Benefit Status or Lifetime Automatic Periodic Benefit Status occurs if
your contract value is reduced to zero and other conditions are met. The current charge can change upon a reset
after your first five contract years. You will never pay more than new issues of this rider, subject to the maximum
annual charge. For more information about how this rider works, including when Lifetime Automatic Periodic
Benefit Status begins, please see “Living Benefit Riders – ING LifePay Plus/Joint LifePay Plus Minimum
Guaranteed Withdrawal Benefit Riders.”

Please Note: The above information pertains to the form of the ING LifePay Plus rider which was available for sale
from May 1, 2009 until March 15, 2010. If you purchased a prior version of the ING LifePay Plus rider, please see
Appendix H for more information.

ING Joint LifePay Plus Minimum Guaranteed Withdrawal Benefit (ING Joint LifePay Plus) Rider
Charge. The charge for the ING Joint LifePay Plus rider, a living benefit, is deducted quarterly from your contract
value:


Maximum Annual Charge		Current Annual Charge
2.50	%	0.90	%

The current annual charge is 0.80% if you purchased this rider before February 2, 2009. The charge is a percentage
of the ING Joint LifePay Plus Base, which we deduct in arrears based on the contract date (contract year versus
calendar year). In arrears means the first charge is deducted at the end of the first quarter following the rider
effective date. If the rider is elected at contract issue, the rider effective date is the same as the contract date. If the
rider is added after contract issue, the rider effective date will be the date of the Contract’s next following quarterly
contract anniversary. The charge will be pro-rated when the rider is terminated. Charges will also be pro-rated
when your rider enters either the Automatic Periodic Benefit Status or Lifetime Automatic Periodic Benefit Status.
(No charge is deducted thereafter.) Automatic Periodic Benefit Status or Lifetime Automatic Periodic Benefit
Status occurs if your contract value is reduced to zero and other conditions are met. The current charge can be
subject to change upon a reset after your first five contract years. You will never pay more than new issues of this
rider, subject to the maximum annual charge. For more information about how this rider works, including when
Lifetime Automatic Periodic Benefit Status begins, please see “Living Benefit Riders – ING Joint LifePay Plus
Minimum Guaranteed Withdrawal Benefit Rider.”

Please Note: The above information pertains to the form of the ING Joint LifePay Plus rider which was available
for sale from May 1, 2009 until March 15, 2010. If you purchased a prior version of the ING LifePay Plus rider,
please see Appendix H for more information.

ING GET U.S. Core Portfolio Guarantee Charge. Effective June 21, 2007, no new series of the GET Fund are
available. The GET Fund guarantee charge is deducted each business day during the guarantee period if you elect to
invest in the GET Fund. The amount of the GET Fund guarantee charge is 0.50% and is deducted from amounts
allocated to the GET Fund investment option. This charge compensates us for the cost of providing a guarantee of
accumulation unit values of the GET Fund subaccount. See “The Trust and Funds- ING GET U.S. Core Portfolio.”

ING Empire Traditions – 85618

Trust and Fund Expenses
As shown in the fund prospectuses and described in the “Fees Deducted by the Funds” section of this prospectus,
each fund deducts management fees from the amounts allocated to the fund. In addition, each fund deducts other
expenses which may include service fees that may be used to compensate service providers, including the company
and its affiliates, for administrative and contract owner services provided on behalf of the fund. Furthermore,
certain funds may deduct a distribution or 12b-1 fee, which is used to finance any activity that is primarily intended
to result in the sale of fund shares. For a more complete description of the funds’ fees and expenses, review
each fund’s prospectus.

The company may receive substantial revenue from each of the funds or the funds’ affiliates, although the amount
and types of revenue vary with respect to each of the funds offered through the Contract. This revenue is one of
several factors we consider when determining the Contract fees and charges and whether to offer a fund through our
policies. Fund revenue is important to the company’s profitability, and it is generally more profitable for us
to offer affiliated funds than to offer unaffiliated funds. You should evaluate the expenses associated with the
funds available through this contract before making a decision to invest.

Assets allocated to affiliated funds, meaning funds managed by Directed Services LLC, ING Investments, LLC or
another company affiliate, generate the largest dollar amount of revenue for the company. Affiliated funds may also
be subadvised by a company affiliate or by an unaffiliated third party. Assets allocated to unaffiliated funds,
meaning funds managed by an unaffiliated third party, generate lesser, but still substantial dollar amounts of revenue
for the company. The company expects to make a profit from this revenue to the extent it exceeds the company’s
expenses, including the payment of sales compensation to our distributors.

Revenue Received from Affiliated Funds.

The revenue received by the company from may be deducted from fund assets and may
include:


·	A share of the management fee ;
·	Service fees ;
·	For certain share classes, compensation paid from 12b-1 ; and
·	Other revenues that may be based either on an annual percentage of average net assets held in the fund by
	the company or a percentage of the fund’s management fees.

In the case of affiliated funds subadvised by
unaffiliated third parties, any sharing of the management fee between the company and the affiliated investment
adviser is based on the amount of such fee remaining after the subadvisory fee has been paid to the unaffiliated
subadviser. Because subadvisory fees vary by subadviser, varying amounts of revenue may be retained by the
affiliated investment adviser and ultimately shared with the Company. The Company may also receive additional
compensation in the form of intercompany payments from an affiliated fund’s investment advisor or the investment
advisor’s parent in order to allocate revenue and profits across the organization.
These intercompany payments and other revenue received from affiliated funds
provide the company with a financial incentive to offer affiliated funds through the contract rather than unaffiliated
funds.

Revenue Received from Unaffiliated Funds. Revenue received from each of the unaffiliated funds
or their affiliates is based on an annual percentage of the average net assets held in that fund by the company. Some
unaffiliated funds or their affiliates pay us more than others and some of the amounts we receive may be significant.

ING Empire Traditions – 85618

The revenue received by the company or its affiliates from unaffiliated funds may be deducted from fund
assets and may include:


·	Service fees;

·	For certain share classes, compensation paid from 12b-1 fees
	; and

·	Additional payments for administrative, recordkeeping or other services that we provide to the funds or
	their affiliates, such as processing purchase and redemption requests, and mailing fund prospectuses,
	periodic reports and proxy materials. These additional payments do not increase directly or indirectly the
	fees and expenses shown in each fund’s prospectus. These additional payments may be used by us to
	finance distribution of the contract.

If the unaffiliated fund families currently offered through the
contract that made cash payments to us were individually ranked according to the total amount they paid to the
company or its affiliates in 2010, in connection with the registered annuity contracts issued by the company, that
ranking would be as follows:

· BlackRock Variable Series Funds, Inc.

If the revenues received from the affiliated funds were taken into account when ranking the funds according to the
total dollar amount they paid to the company or its affiliates in 2010, the affiliated funds would be at the top of the
list.

In addition to the types of revenue received from affiliated and unaffiliated funds described above, affiliated and
unaffiliated funds and their investment advisers, subadvisers or affiliates may participate at their own expense in
company sales conferences or educational and training meetings. In relation to such participation, a fund’s
investment adviser, subadviser or affiliate may help offset the cost of the meetings or sponsor events associated with
the meetings. In exchange for these expense offset or sponsorship arrangements, the investment adviser, subadviser
or affiliate may receive certain benefits and access opportunities to company sales representatives and wholesalers
rather than monetary benefits. These benefits and opportunities include, but are not limited to co-branded
marketing materials, targeted marketing sales opportunities, training opportunities at meetings, training modules for
sales personnel and opportunity to host due diligence meetings for representatives and wholesalers.

Certain funds may be structured as “fund of funds.” These funds may have higher fees and expenses than a fund
that invests directly in debt and equity securities because they also incur the fees and expenses of the underlying
funds in which they invest. These funds are affiliated funds, and the underlying funds in which they invest may be
affiliated funds as well. The fund prospectuses disclose the aggregate annual operating expenses of each
fund and its corresponding underlying fund or funds. The funds
are identified in the investment option list in the front of this prospectus.

Please note that certain management personnel and other employees of the company or its affiliates may receive a
portion of their total employment compensation based on the amount of net assets allocated to affiliated funds. See
also “Other Contract Provisions – Selling the Contract.”

THE ANNUITY CONTRACT

The Contract described in this prospectus is a deferred combination variable and fixed annuity contract. The

Contract provides a means for you to invest in one or more of the available mutual fund portfolios of the Trusts and

Funds through Separate Account NY-B. It also provides a means for you to invest in a Fixed Interest Allocation

through the Fixed Interest Division. See Appendix C and the Fixed Interest Division Offering Brochure for more

information on the Fixed Interest Division. If you have any questions concerning this Contract, contact your

registered representative or call our Customer Service Center at 1-800-366-0066.

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Contract Date and Contract Year
The date the Contract became effective is the contract date. Each 12-month period following the contract date is a
contract year.

Contract Owner
You are the contract owner. You are also the annuitant unless another annuitant is named in the application. You
have the rights and options described in the Contract. One or more persons may own the Contract. If there are
multiple owners named, the age of the oldest owner will determine the applicable death benefit if such death benefit
is available for multiple owners. In the event a selected death benefit is not available, Option Package I will apply.

The death benefit becomes payable when you die. In the case of a sole contract owner who dies before the income
phase begins, we will pay the beneficiary the death benefit then due. The sole contract owner’s estate will be the
beneficiary if no beneficiary has been designated or the beneficiary has predeceased the contract owner. In the case
of a joint owner of the Contract dying before the income phase begins, we will designate the surviving contract
owner as the beneficiary. This will override any previous beneficiary designation. See “Joint Owner,” below.

Joint Owner
For non-qualified Contracts only, joint owners may be named in a written request before the Contract is in effect.
Joint owners may independently exercise transfers and other transactions allowed under the Contract. All other
rights of ownership must be exercised by both owners. Joint owners own equal shares of any benefits accruing or
payments made to them. All rights of a joint owner end at death of that owner if the other joint owner survives. The
entire interest of the deceased joint owner in the Contract will pass to the surviving joint owner and the death benefit
will be payable. Joint owners may only select Option Package I.

Any addition or deletion of a joint owner is treated as a change of owner which may affect the amount of the death
benefit. See “Change of Contract Owner or Beneficiary,” below. If you have elected Option Package II or III, and
you add a joint owner, if the older joint owner is attained age 85 or under, the death benefit from the date of change
will be the Option Package I death benefit. If the older joint owner’s attained age is 86 or over on the date of the
ownership change, the death benefit will be the cash surrender value. The mortality and expense risk charge going
forward will reflect the change in death benefit. Note that returning a Contract to single owner status will not restore
any death benefit. Unless otherwise specified, the term “age” when used for joint owners shall mean the age of the
oldest owner.

Annuitant
The annuitant is the person designated by you to be the measuring life in determining income phase payments. On
and after May 1, 2009, a joint annuitant may also be designated. The annuitant’s age determines when the income
phase must begin and the amount of the income phase payments to be paid. In the case of a non-natural owner and
joint annuitants, the oldest annuitant’s age is used. You are the annuitant unless you choose to name another person.
The annuitant may not be changed after the Contract is in effect, except as described below.

The contract owner will receive the annuity benefits of the Contract if the annuitant is living on the income phase
payment start date. If the annuitant dies before the income phase payment start date and a contingent annuitant has
been named, the contingent annuitant becomes the annuitant (unless the contract owner is not an individual, in
which case the death benefit becomes payable).

If there is no contingent annuitant when the annuitant dies before the income phase payment start date, the contract
owner will become the annuitant. In the event of joint owners, the youngest will be the contingent annuitant, unless
you elect otherwise. The contract owner may designate a new annuitant within 60 days of the death of the annuitant.

When the annuitant dies before the income phase payment start date and the contract owner is not an individual, we
will pay the designated beneficiary the death benefit then due. If a beneficiary has not been designated, or if there is
no designated beneficiary living, the contract owner will be the beneficiary. If the annuitant was the sole contract
owner and there is no beneficiary designation, the annuitant’s estate will be the beneficiary.

ING Empire Traditions – 85618

Regardless of whether a death benefit is payable, if the annuitant dies and any contract owner is not an individual,
distribution rules under federal tax law will apply. You should consult your tax advisor for more information if the
contract owner is not an individual.

Beneficiary
The beneficiary is named by you in a written request. The beneficiary is the person who receives any death benefit
proceeds and who may become the successor contract owner if the contract owner who is a spouse (or the annuitant
if the contract owner is other than an individual) dies before the income phase payment start date. We pay death
benefits to the primary beneficiary (unless there are joint owners, in which case death proceeds are payable to the
surviving owner(s)).

If the beneficiary dies before the annuitant or the contract owner, the death benefit proceeds are paid to the
contingent beneficiary, if any. If there is no surviving beneficiary, we pay the death benefit proceeds to the contract
owner’s estate.

One or more persons may be a beneficiary or contingent beneficiary. In the case of more than one beneficiary, we
will assume any death benefit proceeds are to be paid in equal shares to the surviving beneficiaries, unless you
indicate otherwise in writing.

Change of Contract Owner or Beneficiary
During the annuitant’s lifetime, you may transfer ownership of a non-qualified Contract. A change in ownership
may affect the amount of the death benefit, the guaranteed minimum death benefit and/or the death benefit option
applied to the Contract. The new owner’s age, as of the date of the change, will be used as the basis for determining
the applicable benefits and charges. The new owner’s death will determine when a death benefit is payable.

If you have elected Option Package I, the death benefit will continue if the new owner is age 85 or under on the date
of the ownership change. For Option Package II or III, if the new owner is age 79 or under on the date that
ownership changes, the death benefit will continue. If the new owner is age 80 to 85, under Option Package II or
III, the death benefit will end, and the death benefit will become the Option Package I death benefit. For all death
benefit options, 1) if the new owner’s attained age is 86 or over on the date of the ownership change, or 2) if the new
owner is not an individual (other than a Trust for the benefit of the owner or annuitant), the death benefit will be the
cash surrender value. The mortality and expense risk charge going forward will reflect the change in death benefit.
Please note that once a death benefit has been changed due to a change in owner, it will not be restored by a
subsequent change to a younger owner.

You have the right to change beneficiaries during the annuitant’s lifetime unless you have designated an irrevocable
beneficiary. If you have designated an irrevocable beneficiary, you and the irrevocable beneficiary may have to act
together to exercise some of the rights and options under the Contract. You may also restrict a beneficiary’s right to
elect an annuity option or receive a lump sum payment. If so, such rights or options will not be available to the
beneficiary. In the event of joint owners, all must agree to change a beneficiary.

In the event of a death claim, we will honor the form of payment of the death benefit specified by the beneficiary to
the extent permitted under Section 72(s) of the Tax Code. You may also restrict a beneficiary’s right to elect an
income phase payment option or receive a lump-sum payment. If so, such rights or options will not be available to
the beneficiary.

All requests for changes must be in writing and submitted to our Customer Service Center in good order. Please
date your request. The change will be effective as of the day you sign the request. The change will not affect any
payment made or action taken by us before recording the change.

A change of owner likely has tax consequences. See “Federal Tax Considerations” in this prospectus.

Purchase and Availability of the Contract

We are no longer offering the Contract for sale to new purchasers.

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There are three option packages available under the Contract. You select an option package at the time of
application. Each option package is unique. The minimum initial payment to purchase the Contract depends on the
option package that you elect.


	Option Package I	Option Package II	Option Package III
Minimum Initial	$15,000 (non-qualified)	$5,000 (non-qualified)	$5,000 (non-qualified)
Payment	$1,500 (qualified)	$1,500 (qualified)	$1,500 (qualified)

The maximum issue age is 80 or younger at the time of application to purchase a Contract with Option Package I.
With Option Package II or Option Package III, the maximum issue age is also 80 or younger at the time of
application, SO LONG AS you elect the MGAB rider, the ING LifePay Plus rider or the ING Joint LifePay Plus
rider. Otherwise, the maximum issue age is 75 for a Contract with Option Package II or Option Package III. Before
April 28, 2008, the maximum issue age was 80 for a Contract with either Option Package II or Option Package III.

You may make additional premium payments up to the contract anniversary after your 86^thbirthday. The minimum
additional premium payment we will accept is $50 regardless of the option package you select. Under certain
circumstances, we may waive the minimum premium payment requirement. We may also change the minimum
initial or additional premium requirements for certain group or sponsored arrangements. Any initial or additional
premium payment that would cause the contract value of all annuities that you maintain with us to exceed
$1,500,000 requires our prior approval.

The Contract is designed for people seeking long-term tax-deferred accumulation of assets, generally for retirement
or other long-term purposes. The tax-deferred feature is more attractive to people in high federal and state tax
brackets. You should not buy this Contract: (1) if you are looking for a short-term investment; (2) if you cannot risk
getting back less money than you put in; or (3) if your assets are in a plan which provides for tax-deferral and you
see no other reason to purchase this Contract. When considering an investment in the Contract, you should
consult with your investment professional about your financial goals, investment time horizon and risk
tolerance.

Replacing an existing insurance contract with this Contract may not be beneficial to you. Before purchasing
the Contract, determine whether your existing contract will be subject to any fees or penalties upon
surrender. Also, compare the fees, charges, coverage provisions and limitations, if any, of your existing
contract with those of the Contract described in this prospectus.

IRAs and other qualified plans already have the tax-deferral feature found in this Contract. For an additional cost,
the Contract provides other features and benefits including death benefits and the ability to receive a lifetime
income. You should not purchase a qualified Contract unless you want these other features and benefits, taking into
account their cost. See “Charges and Fees” in this prospectus. If you are considering an Enhanced Death Benefit
Option and your contract will be an IRA, see “Federal Tax Considerations – Tax Consequences of Living
Benefits and Death Benefit” in this prospectus.

Loans are not allowed on a Contract issued as a Tax Code Section 403(b) annuity.

We and our affiliates offer other variable products that may offer some of the same investment portfolios. These
products have different benefits and charges, and may or may not better match your needs. If you are interested in
learning more about these other products, contact our Customer Service Center or your registered representative.

Crediting of Premium Payments
We will process your initial premium and any premium credits, if applicable, within 2 business days after receipt
and allocate the payment according to the instructions you specify at the accumulation unit value next determined, if
the application and all information necessary for processing the Contract are complete. Subsequent premium
payments will be processed within 1 business day if we receive all necessary information. In certain states we also
accept initial and additional premium payments by wire order. Wire transmittals must be accompanied by sufficient
electronically transmitted data. We may retain your initial premium payment for up to 5 business days while
attempting to complete an incomplete application. If the application cannot be completed within this period, we will

ING Empire Traditions – 85618

inform you of the reasons for the delay. We will also return the premium payment immediately unless you direct us
to hold the premium payment until the application is completed. If you choose to have us hold the premium
payment, it will be held in a non-interest bearing account.

If a subaccount is not available or requested in error, we will make inquiry about a replacement subaccount. If we
are unable to reach you or your representative within 5 days, we will consider the application incomplete. Once the
completed application is received, we will allocate the payment to the subaccounts of Separate Account NY-B
specified by you within 2 business days.

If your premium payment was transmitted by wire order from your broker-dealer, we will follow one of the
following two procedures after we receive and accept the wire order and investment instructions. The procedure we
follow depends on state availability and the procedures of your broker-dealer.


1	)	If either your state or broker-dealer do not permit us to issue a Contract without an application, we
		reserve the right to rescind the Contract if we do not receive and accept a properly completed
		application or enrollment form within five days of the premium payment. If we do not receive the
		application or form within five days of the premium payment, we will refund the contract value plus
		any charges we deducted, and the Contract will be voided. Some states require that we return the
		premium paid, in which case we will comply.

2	)	If your state and broker-dealer allow us to issue a Contract without an application, we will issue and
		mail the Contract to you or your representative, together with a Contract Acknowledgement and
		Delivery Statement for your execution. Until our Customer Service Center receives the executed
		Contract Acknowledgement and Delivery Statement, neither you nor the broker-dealer may execute
		any financial transactions on your Contract unless they are requested in writing by you. We may
		require additional information before complying with your request (e.g. signature guarantee).

We will make inquiry to discover any missing information related to subsequent payments. We will allocate the
subsequent payment(s) pro-rata according to the current variable subaccount allocation unless you specify
otherwise. Any fixed allocation(s) will not be considered in the pro-rata calculations. If a subaccount is no longer
available (including due to a fund purchase restriction) or requested in error, we will allocate the subsequent
payment(s) proportionally among the other subaccount(s) in your current allocation. For any subsequent premium
payments, the payment and any premium credits, if applicable, designated for a subaccount of Separate Account
NY-B, will be credited at the accumulation unit value next determined after receipt of your premium payment and
instructions.

Once we allocate your premium payment and any premium credit, if applicable, to the subaccounts selected by you,
we convert the premium payment into accumulation units. We divide the amount of the premium payment allocated
to a particular subaccount by the value of an accumulation unit for the subaccount to determine the number of
accumulation units of the subaccount to be held in Separate Account NY-B with respect to your Contract. The net
investment results of each subaccount vary with its investment performance.

We may require that an initial premium designated for a subaccount of Separate Account NY-B or the Fixed Interest
Division be allocated with the added premium credit, if applicable, to a subaccount specially designated by the
Company (currently, the ING Liquid Assets Portfolio) during the free look period. After the free look period, we
will convert your contract value (your initial premium plus any earnings less any expenses) into accumulation units
of the subaccounts you previously selected. The accumulation units will be allocated based on the accumulation
unit value next computed for each subaccount. Initial premiums designated for Fixed Interest Allocations will be
allocated to a Fixed Interest Allocation with the guaranteed interest period you have chosen; however, in the future
we may allocate the premiums to the specially designated subaccount during the free look period.

ING Empire Traditions – 85618

Additional Credit to Premium
At the time of application, you may elect the premium credit option. If you so elect, a credit will be added to your
Contract based on all premium payments received during the first contract year (“initial premium”). The credit will
be 4% of the initial premium and will be allocated among each subaccount and Fixed Interest Allocation you have
selected in proportion to your allocation of the applicable premium in each investment option.

Currently, the premium credit option is available only if elected at the time of application prior to issuance of the
Contract and in combination with the Contract’s other optional riders, subject to the following limitation. For
Contracts purchased before September 4, 2007, the premium credit option was not available with the MGIB rider.
We reserve the right to make the premium credit option available to inforce contract owners. Also, the premium
credit option may not be available through all broker-dealers.

We may increase, decrease or discontinue the premium credit at our discretion. We will give you at least 45 days
notice of any planned change to the premium credit option.

The daily mortality and expense risk charge and the daily administrative charge under this Contract are greater than
that under contracts not providing a premium credit. There is also a separate charge for the premium credit which is
an asset-based charge deducted daily from your contract value. Please see “Charges and Fees” for a description of
this charge.

The premium credit constitutes earnings (and not premiums paid by you) for federal tax purposes.

In any of the following circumstances, we deduct part or all of a premium credit from the amount we pay to you or
your beneficiary:


1	)	If you return your Contract within the free look period, we will deduct the entire premium credit from
		the refund amount;

2	)	If a death benefit becomes payable, we will deduct any premium credits added to your Contract after or
		within 12 months of the date of death; and

3	)	If you surrender your Contract or take a withdrawal, we will deduct a portion of the premium credit
		added to your contract value based on the percentage of first year premium withdrawn and the contract
		year of surrender or withdrawal in accordance with the following table:


Contract Year of	Percentage of Premium Credit
Surrender or	Forfeited (based on percentage of
Withdrawal	first year premium withdrawn)
Years 1-2	100	%
Years 3-4	75	%
Years 5-6	50	%
Year 7	25	%
Years 8+	0	%

If we deduct a credit from any amount we pay to you, we will deduct the full dollar amount of the premium credit.
You will retain any gains, and you will also bear any losses, that are attributable to the premium credit we deduct.
No forfeiture of premium credit applies to withdrawals of contract value representing the annual free withdrawal
amount or to withdrawals of contract value representing earnings.

There may be circumstances under which the contract owner may be worse off from having received a
premium credit. For example, this could occur if the contract owner returns the Contract during the
applicable free look period. Upon a free look, we recapture the premium credit that had been credited. If the
state law provides that contract value is returned on a free look, and if the performance of the applicable
subaccounts has been negative during that period, we will return the contract value less the premium credit.

ING Empire Traditions – 85618

Negative performance associated with the premium credit will reduce the contract value more than if the
premium credit had not been applied.

Income Phase Payment Start Date
The income phase payment start date is the date you start receiving income phase payments under your Contract.
The Contract, like all deferred variable annuity contracts, has two phases: the accumulation phase; and the income
phase. The accumulation phase is the period between the contract date and the income phase payment start date.
The income phase begins when you start receiving regular income phase payments from your Contract on the
income phase payment start date.

Anti-Money Laundering
In order to protect against the possible misuse of our products in money laundering or terrorist financing, we have
adopted an anti-money laundering program satisfying the requirements of the USA PATRIOT Act and other current
anti-money laundering laws. Among other things, this program requires us, our agents and customers to comply with
certain procedures and standards that serve to assure that our customers’ identities are properly verified and that
premiums and loan repayments are not derived from improper sources.

Under our anti-money laundering program, we may require policy owners, insured persons and/or beneficiaries to
provide sufficient evidence of identification, and we reserve the right to verify any information provided to us by
accessing information databases maintained internally or by outside firms.

We may also refuse to accept certain forms of premium payments or loan repayments (traveler’s cheques, cashier's
checks, bank drafts, bank checks and treasurer's checks, for example) or restrict the amount of certain forms of
premium payments or loan repayments (money orders totaling more than $5,000.00, for example). In addition, we
may require information as to why a particular form of payment was used (third party checks, for example) and the
source of the funds of such payment in order to determine whether or not we will accept it. Use of an unacceptable
form of payment may result in us returning the payment and not issuing the Contract.

Applicable laws designed to prevent terrorist financing and money laundering might, in certain
circumstances, require us to block certain transactions until authorization is received from the appropriate
regulator. We may also be required to provide additional information about you and your policy to
government regulators.

Our anti-money laundering program is subject to change without notice to take account of changes in applicable
laws or regulations and our ongoing assessment of our exposure to illegal activity.

Administrative Procedures
We may accept a request for Contract service in writing, by telephone, or other approved electronic means, subject
to our administrative procedures, which vary depending on the type of service requested and may include proper
completion of certain forms, providing appropriate identifying information, and/or other administrative
requirements. We will process your request at the contract value next determined only after you have met all
administrative requirements. Please be advised that the risk of fraudulent transaction is increased with telephonic or
electronic instructions (for example, a facsimile withdrawal request form), even if appropriate identifying
information is provided.

Contract Value
We determine your contract value on a daily basis beginning on the contract date. Your contract value is the sum of
(a) the contract value in the Fixed Interest Allocations, and (b) the contract value in each subaccount in which you
are invested.

Contract Value in the Subaccounts. On the contract date, the contract value in the subaccount in which you
are invested is equal to the initial premium paid plus any premium credit, if applicable, that was designated to be
allocated to the subaccount. On the contract date, we allocate your contract value to each subaccount and/or a Fixed
Interest Allocation specified by you.

ING Empire Traditions – 85618

On each business day after the contract date, we calculate the amount of contract value in each subaccount as
follows:


1	)	We take the contract value in the subaccount at the end of the preceding business day.
2	)	We multiply (1) by the subaccount’s Net Rate of Return since the preceding business day.
3	)	We add (1) and (2).
4	)	We add to (3) any additional premium payments plus any premium credits, if applicable, and then add
		or subtract any transfers to or from that subaccount.
5	)	We subtract from (4) any withdrawals and any related charges, and then subtract any contract fees and
		premium taxes.

Cash Surrender Value
The cash surrender value is the amount you receive when you surrender the Contract. The cash surrender value will
fluctuate daily based on the investment results of the subaccounts in which you are invested and interest credited to
Fixed Interest Allocations. See the Fixed Interest Division Offering Brochure for a description of the calculation of
values under any Fixed Interest Allocation. We do not guarantee any minimum cash surrender value. On any date
during the accumulation phase, we calculate the cash surrender value as follows: we start with your contract value,
then we deduct any surrender charge, any charge for premium taxes, the annual contract administrative fee, and any
other charges incurred but not yet deducted.

Surrendering to Receive the Cash Surrender Value. You may surrender the Contract at any time while the
annuitant is living and before the income phase payment start date. A surrender will be effective on the date your
written request and the Contract are received at our Customer Service Center. We will determine and pay the cash
surrender value at the price next determined after receipt of all paperwork required in order for us to process your
surrender. Once paid, all benefits under the Contract will be terminated. For administrative purposes, we will
transfer your money to a specially designated subaccount (currently the ING Liquid Assets Portfolio) prior to
processing the surrender. This transfer will have no effect on your cash surrender value. You may receive the cash
surrender value in a single sum payment or apply it under one or more annuity options. We will usually pay the
cash surrender value within 7 days.

Consult your tax advisor regarding the tax consequences associated with surrendering your Contract. A surrender
made before you reach age 59½ may result in a 10% tax penalty. See “Federal Tax Considerations” for more
details.

The Subaccounts
Each of the subaccounts of Separate Account NY-B offered under this prospectus invests in an investment portfolio
with its own distinct investment objectives and policies. Each subaccount of Separate Account NY-B invests in a
corresponding portfolio of a Trust or Fund.

Addition, Deletion or Substitution of Subaccounts and Other Changes
We may make additional subaccounts available to you under the Contract. These subaccounts will invest in
investment portfolios we find suitable for your Contract. We may also withdraw or substitute investment portfolios,
subject to the conditions in your Contract and compliance with regulatory requirements, including prior SEC
approval.

We may amend the Contract to conform to applicable laws or governmental regulations. If we feel that investment
in any of the investment portfolios has become inappropriate to the purposes of the Contract, we may, with approval
of the SEC (and any other regulatory agency, if required), combine two or more accounts or substitute another
portfolio for existing and future investments. If you have elected the dollar cost averaging, systematic withdrawals,
or automatic rebalancing programs or if you have other outstanding instructions, and we substitute or otherwise
eliminate a portfolio which is subject to those instructions, we will execute your instructions using the substitute or

ING Empire Traditions – 85618

proposed replacement portfolio unless you request otherwise. The substitute or proposed replacement portfolio may
have higher fees and charges than any portfolio it replaces.

We also reserve the right, subject to SEC approval, to: (i) deregister Separate Account NY-B under the 1940 Act;
(ii) operate Separate Account NY-B as a management company under the 1940 Act if it is operating as a unit
investment trust; (iii) operate Separate Account NY-B as a unit investment trust under the 1940 Act if it is operating
as a managed separate account; (iv) restrict or eliminate any voting rights as to Separate Account NY-B; and (v)
combine Separate Account NY-B with other accounts.

We will, of course, provide you with written notice before any of these changes are effected.

The Fixed Interest Allocation (Fixed Interest Division)
The Fixed Interest Allocation is the Fixed Interest Division, which is part of the ReliaStar of New York general
account. The general account contains all of the assets of ReliaStar of New York other than those in certain separate
accounts. Allocation of any amount to the Fixed Interest Division does not entitle you to share directly in the
performance of these assets. Assets supporting amounts allocated to the Fixed Interest Division are available to
fund the claims of all classes of our customers, owners, and other creditors. See Appendix C and the Fixed Interest
Division Offering Brochure for more information. You may not allocate contract value to the Fixed Interest
Division if you elect one of the living benefit riders.

Other Contracts
We and our affiliates offer various other products with different features and terms than the Contracts, and that may
offer some or all of the same investment portfolios. These products have different benefits, fees and charges, and
may or may not better match your needs. Please note that some of the Company’s management personnel and
certain other employees may receive a portion of their employment compensation based on the amount of Contract
values allocated to investment portfolios of Trusts or Funds affiliated with ING. You should be aware that there are
alternative options available, and, if you are interested in learning more about these other products, contact our
Customer Service Center or your registered representative. Also, broker/dealers selling the Contract may limit its
availability or the availability of an optional feature (for example, by imposing restrictions on eligibility), or decline
to make an optional feature available. Please talk to your registered representative for further details.

LIVING BENEFIT RIDERS

You may elect one of the optional benefit riders discussed below. You may add only one of these riders to your

Contract. Each rider has a separate charge. Please note that if you elect one of the living benefit riders, you

may not allocate premium or contract value to the GET Fund or to the Fixed Interest Allocations. Once

elected, the riders generally may not be cancelled. You may not remove the rider and charges will be assessed

regardless of the performance of your Contract. The optional benefit riders terminate upon surrender of the

Contract. Please see “Charges and Fees — Optional Rider Charges” for information on rider charges.

The optional riders may not be available for all investors. You should analyze each rider thoroughly and

understand it completely before you select it. The optional riders do not guarantee any return of principal or

premium payments and do not guarantee performance of any specific investment portfolio under the

contract. The ING LifePay Plus and ING Joint LifePay Plus riders may also impact the death benefit

amount under the Contract. More information about earlier versions of the guaranteed withdrawal benefit

riders (including lifetime versions) is in the Appendices. You should consult a qualified financial adviser in

evaluating the riders. Our Customer Service Center may be able to answer your questions. The telephone

number is (800) 366-0066.

Minimum Guaranteed Accumulation Benefit Rider (the “MGAB Rider”). The MGAB rider is an optional

benefit which provides you with an MGAB intended to guarantee a minimum contract value at the end of a specified

waiting period. The waiting period is 10 years, beginning on the rider date, and the MGAB Charge is deducted only

during the 10 year waiting period. Only premiums added to your Contract during the first two-year period after your

rider date and any premium credits, if applicable, are included in the MGAB Base. Any additional premium

ING Empire Traditions – 85618

payments added after the second rider anniversary are not included in the MGAB Base. Thus, the MGAB rider may
not be appropriate for you if you plan to add substantial premium payments after your second rider anniversary. If
you elect the MGAB rider, you may not allocate contract value to the GET Fund subaccount or to the Fixed Interest
Division.

The MGAB is a one-time adjustment to your contract value if your contract value on the MGAB Date is less than
the MGAB Base. The MGAB Date is the next business day after the applicable waiting period. We calculate your
Minimum Guaranteed Accumulation Benefit on this date. The MGAB rider may offer you protection if your
Contract loses value during the MGAB waiting period. For a discussion of the charges we deduct under the MGAB
rider, see “Optional Rider Charges.”

The MGAB rider has a waiting period of ten years and, other than for certain transfers, guarantees that your contract
value at the end of ten years will at least equal your initial premium payment plus the premium credit, if applicable,
reduced pro-rata for withdrawals. Transfers between subaccounts or between a subaccount and a Fixed Interest
Allocation within 3 years of the MGAB Date will also reduce the MGAB Base pro-rata (see examples below).

Calculating the MGAB. We calculate your MGAB as follows:


1	)	We first determine your MGAB Base. The MGAB Base is only a calculation used to determine the
		MGAB. It does not represent a contract value, nor does it guarantee performance of the subaccounts in
		which you are invested. It is also not used in determining the amount of your annuity income, cash
		surrender value and death benefits.

		If you purchase the MGAB optional rider as of the contract date, the MGAB Base is the initial
		premium, and the premium credit, if applicable, increased by eligible premiums, less all withdrawals
		and, less transfers made within 3 years prior to the MGAB Date. Eligible premiums are premiums
		added within two years after the rider date. Premiums added in the third and later rider years are not
		included in the MGAB Base.

		If you purchase the MGAB optional benefit rider after the contract date, contract value is used as the
		initial value. The MGAB Base equals the contract value, plus eligible premiums, adjusted for
		withdrawals and transfers.

		We use the MGAB Charge Base to determine the periodic MGAB rider charges. The MGAB Charge
		Base equals the eligible premiums, plus any premium credits, if applicable, adjusted for subsequent
		withdrawals and transfers. Withdrawals reduce the MGAB Base and MGAB Charge Base on a pro-
		rata basis. The percentage reduction in the MGAB Base and the MGAB Charge Base equals the
		percentage reduction in contract value resulting from the withdrawal. This means that the MGAB
		Base and MGAB Charge Base are reduced for withdrawals by the same proportion that the withdrawal
		reduces the contract value. For example, if the contract value is reduced by 25% as the result of a
		withdrawal, the MGAB Base and the MBAG Charge Base are also reduced by 25% (rather than by the
		amount of the withdrawal).

		Any transfer between subaccounts or between a subaccount and a Fixed Interest Allocation within 3
		years of the MGAB Date reduces the MGAB Base and MGAB Charge Base on a pro-rata basis, based
		on the percentage of contract value transferred. Adjustments for such transfers are made as if the
		transfer was a withdrawal followed by a premium payment to the new investment option, which is not
		an eligible premium for MGAB benefit purposes.

2	)	We then subtract your contract value on the MGAB Date from your MGAB Base. The contract
		value that we subtract includes both the contract value in the subaccounts in which you are invested
		and the contract value in your Fixed Interest Allocations, if any.

3	)	Any positive difference is your MGAB. If there is a MGAB, we will automatically credit it on the
		MGAB Date to the subaccounts in which you are invested pro-rata based on the proportion of your
		contract value in the subaccounts on that date. If you do not have an investment in any subaccount on

ING Empire Traditions – 85618

the MGAB Date, we will allocate the MGAB to the ING Liquid Assets Portfolio on your behalf. After
we credit the MGAB, the amount of your annuity income, cash surrender value and death benefits will
reflect the crediting of the MGAB to your contract value to the extent the contract value is used to
determine such value.


Examples of the Impact of Transfers between Subaccounts within Three Years of the MGAB Date.

Example #1:	A transfer of $5,000 from Subaccount 1 to Subaccount 2 occurring within three years of the
	MGAB Date.

	Subaccount 1		Subaccount 2			Total
	Contract	MGAB	Contract	MGAB	Contract	MGAB
	Value	Base	Value	Base	Value	Base
Before
Transfer	15,000	10,000	8,000	10,000	23,000	20,000

After
Transfer	10,000	6,667	13,000	10,000	23,000	16,667

Example #2:	A transfer of $5,000 from Subaccount 2 to Subaccount 1 occurring within three years of the
	MGAB Date.

	Subaccount 1		Subaccount 2			Total
	Contract	MGAB	Contract	MGAB	Contract	MGAB
	Value	Base	Value	Base	Value	Base
Before
Transfer	15,000	10,000	8,000	10,000	23,000	20,000

After
Transfer	20,000	10,000	3,000	3,750	23,000	13,750

Purchase. The MGAB rider is no longer available for purchase. To purchase the MGAB rider, you must have
been age 80 or younger on the rider date. The waiting period must end at or before your annuity start date. The
MGAB rider must have been purchased (i) on the contract date, and (ii) within 30 days following the contract date.
For contracts issued more than 30 days before the date this rider first became available in your state, the Company
could, in its discretion allow purchase of this rider beyond such date.

The MGAB Charge Base. The MGAB Charge Base is the total of premiums and premium credits, if
applicable, added during the two-year period commencing on the rider date if you purchase the rider on the contract
date, or your contract value on the rider date plus premiums and premium credits, if applicable, added during the
two-year period commencing on the rider date if you purchased the rider after the contract date, reduced pro-rata for
all withdrawals taken while the MGAB rider is in effect, and reduced pro-rata for transfers made during the three
year period before the MGAB Date. Withdrawals and transfers may reduce the applicable MGAB Charge Base by
more than the amount withdrawn or transferred.

The MGAB Date. The MGAB Date is the date the MGAB rider becomes effective. If you purchased the
MGAB rider on the contract date or added the MGAB rider within 30 days following the contract date, the MGAB
Date is your 10th contract anniversary. If you added the MGAB rider during the 30-day period preceding your first
contract anniversary after the date of this prospectus, your MGAB Date will be the first contract anniversary
occurring after 10 years after the rider date. The MGAB rider is not available if the MGAB Date would fall beyond
the latest annuity start date.

Notification. We will report any crediting of the MGAB in your first quarterly statement following the MGAB
Date.

ING Empire Traditions – 85618

No Cancellation. Once you purchase the MGAB rider, you may not cancel it unless you cancel the Contract
during the Contract’s free look period, which also automatically cancels the MGAB rider. Once the Contract
continues beyond the free look period, you may not cancel the MGAB rider.

Termination. The MGAB rider is a “living benefit,” which means the guaranteed benefit offered by the rider is
intended to be available to you while you are living and while your Contract is in the accumulation phase. The
MGAB rider automatically terminates if you:


·	annuitize, surrender or otherwise terminate your Contract during the accumulation phase; or
·	die during the accumulation phase (first owner to die if there are multiple contract owners, or at death
	of annuitant if contract owner is not a natural person), unless your spouse beneficiary elects to continue
	the Contract.

The MGAB rider will also terminate if there is a change in contract ownership (other than a spousal beneficiary
continuation on your death), including addition of a joint owner.

Minimum Guaranteed Income Benefit Rider (the “MGIB Rider”). The MGIB rider is an optional benefit which
guarantees a minimum amount of annuity income will be available to you if you annuitize on the MGIB Date (as
defined below), regardless of fluctuating market conditions. Please note that if you elect the MGIB rider, you may
not allocate contract value to the Fixed Interest Division. No loans are permitted on Contracts with the MGIB rider.
The minimum guaranteed amount of annuity income will depend on the amount of premiums you pay during the
five contract years after you purchase the rider, the MGIB Rate (as defined below), the adjustment for Special Fund
transfers, and any withdrawals you take while the MGIB rider is in effect. Investing in Special Funds may limit the
MGIB benefit because for purposes of determining the MGIB Benefit Base, Special Funds allocations are not
subject to accumulation at the MGIB Rate, and withdrawals and transfers from Special Funds are not dollar-for-
dollar, but pro-rata, meaning the MGIB Benefit Base may be reduced by the same proportion that contract value
allocated to Special Funds is reduced. For Contracts with the MGIB rider purchased on and after September 4,
2007, the minimum guaranteed amount will also include any eligible premium credits.

Purchase. The MGIB rider is no longer available for purchase , including purchase by owners of existing
Contracts. Previously, you must have been age 75 or younger on the rider date and the ten-year waiting period must
end at or prior to the latest annuity start date to purchase the MGIB rider. Before April 28, 2008, the maximum age
was 79. Some broker dealers may limit availability of the rider to younger ages. The MGIB rider must have been
purchased on the contract date. Previously, the Company in its discretion could allow the purchase of this rider after
the contract date. There is a ten-year waiting period before you can annuitize under the MGIB rider. If you
purchased this rider prior to August 21, 2006, the features and benefits of your rider may differ from those described
below, please refer to your contract for more details.

The MGIB Date. The MGIB Date is the date on which you may exercise your right to begin receiving annuity
income payments pursuant to the MGIB Rider. The MGIB Date always coincides with your Contract’s anniversary
date. You may not exercise your right to begin receiving annuity income payments pursuant to the MGIB Rider
until the MGIB Date that is at least ten years after the rider date.

Charges. The charge we deduct under the MGIB Rider is 0.75% of the MGIB Benefit Base. The calculation
of the MGIB Benefit Base is described in “Determining the MGIB Annuity Income,” below. The MGIB rider
automatically terminates if the contract value is insufficient to pay the charge for the MGIB rider.

How the MGIB Rider Works. Ordinarily, the amount of income that will be available to you on the annuity
start date is based on your contract value, the annuity option you selected and the guaranteed or the income factors
in effect on the date you annuitize. If you purchase the MGIB rider, the amount of income that will be available to
you upon annuitization on the MGIB Date is the greatest of:


1	)	your annuity income based on your contract value on the MGIB Date applied to the guaranteed income
		factors specified in your Contract for the annuity option you selected;

ING Empire Traditions – 85618


2	)	your annuity income based on your contract value on the MGIB Date applied to the then-current
		income factors in effect for the annuity option you selected; or

3	)	the MGIB annuity income based on your MGIB Benefit Base on the MGIB Date applied to the MGIB
		income factors specified in your rider for the MGIB annuity option you selected. Prior to applying the
		MGIB income factors, we will adjust the MGIB Benefit Base for any premium tax recovery that would
		otherwise apply at annuitization.

The guaranteed factors contained in the MGIB rider generally provide lower payout per $1,000 of value applied than
the guaranteed factors found in your Contract. Although the minimum income provided under the rider can be
determined in advance, the contract value in the future is unknown, so the income provided under a contract with the
MGIB rider attached may be greater or less than the income that would be provided under the Contract without the
rider. Generally, the income calculated under the rider will be greater than the income provided under the Contract
whenever the MGIB Benefit Base (greater of the Rollup and Ratchet Bases) is sufficiently in excess of the contract
value to offset the additional conservatism reflected in the rider’s income factors compared to those in the Contract.
The income factors in the MGIB rider generally reflect a lower interest rate and more conservative mortality than
the income factors in the Contract. The degree of relative excess that the income factors require to produce more
income will vary for each individual circumstance. If the contract value exceeds the MGIB Benefit Base at time of
annuitization, the Contract will always produce greater income than the rider. Please see Appendix E — Examples
of Minimum Guaranteed Income Benefit Calculation.

The MGIB Benefit Base is only a calculation used to determine the MGIB annuity income. The MGIB Benefit Base
does not represent a contract value, nor does it guarantee performance of the subaccounts in which you are invested.
It is also not used in determining the amount of your cash surrender value and death benefits. Any reset of contract
value under provisions of the Contract or other riders will not increase the MGIB Benefit Base or Maximum MGIB
Base (as defined below).

The MGIB Benefit Base is tracked separately for Covered and Special Funds, based on initial allocation of premium
and any premium credit, if applicable. Contract value (not eligible premium) is used as the initial value if the rider
is added after the contract date. The MGIB Benefit Base also will include subsequent eligible premiums, if any,
which are premiums and related premium credits paid within five years of purchasing the MGIB rider. (Premiums
and related premium credits paid after the rider date are excluded.) The following investment options are designated
as Special Funds for purposes of calculating the MGIB Benefit Base: the ING Liquid Assets Portfolio. The
ProFunds VP Rising Rates Opportunity Portfolio is also a Special Fund, but closed to new allocations, effective
April 30, 2007. For more information about Covered Funds and Special Funds, please see “The Trust and Funds -
Covered Funds and Special Funds.”

Prior to your latest annuity start date, you may choose to exercise your right to receive payments under the MGIB
rider. Payments under the rider begin on the MGIB Date. We require a 10-year waiting period before you can
annuitize the MGIB rider benefit. The MGIB must be exercised in the 30-day period prior to the end of the waiting
period or any subsequent contract anniversary. At your request, the Company may in its discretion extend the latest
contract annuity start date without extending the MGIB Date.

Determining the MGIB Annuity Income. On the MGIB Date, we calculate your MGIB annuity income as
follows:


1	)	We first determine your MGIB Benefit Base: The MGIB Benefit Base is equal to the greater of the
		MGIB Rollup Base and the MGIB Ratchet Base.

		a)	Calculation of MGIB Rollup Base

			The MGIB Rollup Base is equal to the lesser of the Maximum MGIB Base and the sum of (a), and
			(b) where:

			(a)	is the MGIB Rollup Base for Covered Funds;
			(b)	is the MGIB Rollup Base for Special Funds;

ING Empire Traditions – 85618

The Maximum MGIB Base applicable to the MGIB Rollup Base is 250% of eligible premiums
(including any related premium credits), adjusted pro-rata for withdrawals. This means that the
Maximum MGIB Base is reduced for withdrawals by the same proportion that the withdrawal
reduces the contract value. The Maximum MGIB Base is not allocated by Fund category.

The MGIB Rate. Calculation of the MGIB Rollup Base will be impacted by the MGIB Rate.
The MGIB Rate is an annual effective rate at which the eligible premiums (including any related
premium credits) accumulate, which is currently 6%. As noted below, eligible premiums
(including any related premium credits) accumulate at the MGIB Rate only up until the oldest
contract owner reaches age 80 or the MGIB Rollup Base reaches the Maximum MGIB Base, and
only to the extent that premiums are invested in Covered Funds.

For example, assume a contract was issued on September 4, 2007 with an initial premium of
$10,000, and the issue age of the contract owner was age 60, with an MGIB Date of September 4,
2017. Assuming 100% of the premium was allocated to Covered Funds, the MGIB Rollup Base
would be $17,908 on the MGIB Date, the result of the $10,000 initial premium multiplied by the
6% MGIB Rate annually for the 10-year period between the issue date and the MGIB Date.

For Contracts with the MGIB rider purchased before May 1, 2009, the MGIB Rate is 7%.

The MGIB Rollup Base allocated to Covered Funds equals the eligible premiums (including
any related premium credits), allocated to Covered Funds, adjusted for subsequent withdrawals
and transfers taken or made while the MGIB rider is in effect, accumulated at the MGIB Rate to
the earlier of the oldest owner reaching age 80 and the MGIB Rollup Base reaching the Maximum
MGIB Base. The MGIB Rollup Base accumulates at 0% thereafter. The MGIB Rate is currently
6% (7% for Contracts with the MGIB rider purchased before May 1, 2009). The MGIB Rate is an
annual effective rate. We may, at our discretion, discontinue offering this rate. The MGIB Rate
will not change for those contracts that have already purchased the MGIB rider.

The MGIB Rollup Base allocated to Special Funds equals the eligible premiums (including any
related premium credits), allocated to Special Funds, adjusted for subsequent withdrawals and
transfers taken or made while the MGIB rider is in effect. The MGIB Rate does not apply to the
MGIB Rollup Base allocated to Special Funds, so the MGIB Rollup Base allocated to Special
Funds does not accumulate.

Withdrawals reduce the MGIB Rollup Base on a pro-rata basis. The percentage reduction in the
MGIB Rollup Base for each Fund category (i.e., Covered or Special) equals the percentage
reduction in contract value in that Fund category resulting from the withdrawal. This means that
the MGIB Rollup Base for Covered Funds and Special Funds is reduced for withdrawals by the
same proportion that the withdrawal reduces the contract value allocated to Covered Funds or
Special Funds. For example, if the contract value in Covered Funds is reduced by 25% as the
result of a withdrawal, the MGIB Rollup Base allocated to Covered Funds is also reduced by 25%
(rather than by the amount of the withdrawal).

Because the MGIB Rollup Base is tracked separately for Covered and Special Funds, when you
make transfers between Covered and Special Funds, there is an impact on the MGIB Rollup Base.
Net transfers between Covered Funds and Special Funds will reduce the MGIB Rollup Base
allocated to Covered Funds or Special Funds, as applicable, on a pro-rata basis. This means that
the MGIB Rollup Base allocated to Covered Funds or Special Funds will be reduced by the same
percentage as the transfer bears to the contract value allocated to Covered Funds or Special Funds.
For example, if the contract value in Covered Funds is reduced by 25% as the result of the
transfer, the MGIB Rollup Base allocated to Covered Funds is also reduced by 25% (rather than
by the amount of the transfer). The resulting increase in the MGIB Rollup Base allocated to
Special Funds will equal the reduction in the MGIB Rollup Base allocated to Covered Funds.
Transfers from Special Funds to Covered Funds are treated in the same way.

ING Empire Traditions – 85618


	In a case where the MGIB Rollup Base for Covered Funds is greater than the contract value in
	Covered Funds, a transfer from Covered Funds will result in the MGIB Rollup Base for Covered
	Funds being reduced by a dollar amount that is higher than the dollar amount of the transfer. A
	higher reduction to the MGIB Rollup Base for Covered Funds will have a larger negative impact
	on the MGIB Benefit Base, potentially reducing the minimum guaranteed amount of annuity
	income upon annuitization under the MGIB rider. This means the benefit you receive under the
	MGIB rider will not be as great because of the transfer.

	For example, assume the MGIB Rollup Base for Covered Funds prior to a transfer from Covered
	Funds was $12,000 at a time that the contract value in Covered Funds was $10,000. If the contract
	owner transferred 25% of this $10,000 ($2,500) from the contract value in the Covered Funds, it
	would result in a 25% decrease in the MGIB Rollup Base for Covered Funds, or $3,000 ($12,000
	* 25%), which is $500 more than the amount actually transferred from the Covered Funds.

b)	Calculation of MGIB Ratchet Base

	The MGIB Ratchet Base for Covered Funds and Special Funds equals:

	·	on the rider date, eligible premiums (including any related premium credits) or the contract
		value (if the rider is added after the contract date) allocated to Covered Funds and Special
		Funds;

	·	on each contract anniversary prior to attainment of age 90, the MGIB Ratchet Base for
		Covered Funds and Special Funds is set equal to the greater of:

		1	)	the current contract value allocated to Covered Funds and Special Funds (after any
				deductions occurring on that date); and

		2	)	the MGIB Ratchet Base for Covered Funds and Special Funds from the prior contract
				anniversary, adjusted for any new eligible premiums (including any related premium
				credits), withdrawals attributable to Covered Funds or Special Funds, and transfers.

				For Contracts with the MGIB rider purchased before February 2, 2009, the MGIB
Ratchet Base for Covered and Special Funds is recalculated on each “quarterly
				anniversary date” prior to attainment of age 90. A “quarterly anniversary date” is the
				date three months from the contract date that falls on the same date in the month as the
				contract date. For example, if the contract date is February 12, the quarterly anniversary
				date is May 12. If there is no corresponding date in the month, the quarterly anniversary
				date will be the last date of the month.

				Whenever the date falls on a weekend or holiday, we will use the value as of the
				subsequent business day.

	·	at other times, the MGIB Ratchet Base for Covered Funds and Special Funds is the MGIB
		Ratchet Base from the prior contract anniversary (quarterly anniversary date for Contracts
		with the MGIB rider purchased before February 2, 2009), adjusted for subsequent eligible
		premiums (including any related premium credits), withdrawals attributable to Covered Funds
		or Special Funds, and transfers.

	Withdrawals reduce the MGIB Ratchet Base on a pro-rata basis. The percentage reduction in the
	MGIB Ratchet Base for each fund category (i.e., Covered Funds and Special Funds) equals the
	percentage reduction in contract value in that fund category resulting from the withdrawal. This
	means that the MGIB Ratchet Base for Covered Funds and Special Funds is reduced for
	withdrawals by the same proportion that the withdrawal reduces the contract value allocated to
	Covered Funds and Special Funds. For example, if the contract value in Covered Funds is

ING Empire Traditions – 85618

reduced by 25% as the result of a withdrawal (including surrender charge), the MGIB Ratchet

Base allocated to Covered Funds is also reduced by 25% (rather than the amount of the

withdrawal).

2) Then we determine the MGIB annuity income by multiplying your MGIB Benefit Base (adjusted
for any surrender charge and premium taxes) by the income factor, and then divide by $1,000.

MGIB Income Options

The following are the MGIB Income Options available under the MGIB Rider:


(i)	If MGIB Benefit exercised at ages 10-73:
	Income for Life (Single Life or Joint with 100% Survivor) with no more than a 10 year certain fixed
	period.

(ii)	If MGIB Benefit exercised at ages 74-89:
	Income for Life (Single Life or Joint with 100% Survivor) with no more than a six year certain period.

(iii) Any other income plan offered by the Company in conjunction with the MGIB rider on the MGIB
	Date.

For Contracts with the MGIB rider purchased before September 4, 2007, the exercise ranges were 10 to 74 and 75 to
89. Also, the period certain was seven years instead of six if the MGIB rider is to be exercised during the later age
range.

Once during the life of the Contract, you have the option to elect to apply up to 50% of the MGIB Benefit Base to
one of the MGIB Income Options available under the Rider. This option may only be exercised in the 30-day period
prior to a contract anniversary at or after the end of the waiting period. The portion of the MGIB Benefit Base so
applied will be used to determine the MGIB income, as is otherwise described in the prospectus. The Contract Value
will be reduced on a pro-rata basis. Any subsequent exercise of your right to receive payments under the MGIB
rider must be for 100% of the remaining value. The exercise of this partial annuitization of the MGIB Benefit Base
does not affect your right to annuitize under the Contract without regard to the rider. The amount applied to the
partial annuitization will be treated as a withdrawal for purposes of adjusting contract and rider values.

Investment Option Restrictions. For Contracts with the MGIB rider purchased on and after September 4,
2007, there is an asset allocation requirement. We require that your contract value be allocated in accordance with
certain limitations in order to mitigate the insurance risk inherent in our guarantee to provide you with a guaranteed
minimum amount of annuity income if you annuitize on the MGIB Date (subject to the terms and conditions of the
MGIB rider). There are Accepted Funds, Fixed Allocation Funds and Other Funds for purposes of this asset
allocation requirement. We are not currently applying this asset allocation requirement to the MGIB rider.


Accepted Funds. Currently, the Accepted Funds are:

BlackRock Global Allocation V.I. Fund	ING Retirement Conservative Portfolio
ING American Funds Asset Allocation Portfolio	ING Retirement Growth Portfolio
ING American Funds World Allocation Portfolio	ING Retirement Moderate Growth Portfolio
ING Invesco Van Kampen Equity and Income	ING Retirement Moderate Portfolio
Portfolio
ING Liquid Assets Portfolio	ING T. Rowe Price Capital Appreciation Portfolio
ING MFS Total Return Portfolio	Fixed Interest Allocation
ING Oppenheimer Active Allocation Portfolio

ING Empire Traditions – 85618


If this rider was purchased before February 2, 2009, the following are additional Accepted Funds:

ING Franklin Templeton Founding Strategy Portfolio
ING WisdomTree^SMGlobal High-Yielding Equity Index Portfolio

We may change these designations at any time upon 30 days written notice to you. If a change is made, the
change will apply to contract value allocated to such portfolios after the date of the change.

Fixed Allocation Funds. Currently, the Fixed Allocation Funds are:

ING American Funds Bond Portfolio	ING PIMCO Total Return Bond Portfolio
ING BlackRock Inflation Protected Bond Portfolio	ING U.S. Bond Index Portfolio
ING Intermediate Bond Portfolio

Fixed Allocation Funds Automatic Rebalancing. If the contract value in the Fixed Allocation Funds is less
than a percentage of the total contract value allocated to both the Fixed Allocation Funds and Other Funds on any
MGIB Rebalancing Date (as defined below), then we will automatically rebalance the contract value allocated to the
Fixed Allocation Funds and Other Funds so that the appropriate percentage of this amount is allocated to the Fixed
Allocation Funds. This is called Fixed Allocation Funds Automatic Rebalancing and the percentage is stated in your
Contract. Currently, the minimum Fixed Allocation Fund percentage is zero – we are not currently imposing these
asset allocation requirements. Accepted Funds are excluded from Fixed Allocation Funds Automatic Rebalancing.
Any rebalancing is done on a pro-rata basis among the Fixed Allocation Funds and Other Funds and will be the last
transaction processed on that date.

The MGIB Rebalancing Dates occur on each annual contract anniversary and after any one of the following
transactions:


1	)	receipt of additional premiums;
2	)	transfer or reallocation among Fixed Allocation Funds or Other Funds, whether automatic or
		specifically directed by you; and
3	)	withdrawals from a Fixed Allocation Fund or Other Fund.

ING Empire Traditions – 85618

Relationship of Accepted Funds, Other Funds and Fixed Allocation Funds to Special Funds, Covered
Funds and Restricted Funds. In general, Special Funds, Covered Funds and Restricted Funds impact the value of
certain benefits available under living benefit riders, while Accepted Funds and Other Funds relate to the asset
allocation requirements required under the living benefit riders. Fixed Allocation Funds Automatic Rebalancing and
its fund designations (Accepted Funds, Fixed Allocation Funds and Other Funds) are in addition to the designations
for purposes of calculating the MGIB Benefit Base (Covered Funds and Special Funds). Please see “The Trusts and
Funds – Covered Funds and Special Funds” and “The Trusts and Funds – Restricted Funds.” Because of this, your
ability to allocate your entire contract value to all Covered Funds for purposes of calculating the MGIB Benefit Base
is subject to Fixed Allocation Funds Automatic Rebalancing. In the event you allocate contract value to Covered
Funds for the purposes of calculating the MGIB Benefit Base that are considered Other Funds for purposes of the
above asset allocation requirements, you will be required to satisfy the asset allocation requirements of Fixed
Allocation Funds Automatic Rebalancing. However, we are not currently imposing these asset allocation
requirements.

In the event an investment option was designated a Restricted Fund, any allocations to a specific investment option
would be further limited to the investment limitations of these funds. Please see “The Trusts and Funds – Restricted
Funds.” Currently, no investment options are designated as a Restricted Fund.

It is possible for an investment option to have two different designations: An Accepted Fund for purposes of Fixed
Allocation Funds Automatic Rebalancing may also be a Special Fund for purposes of calculating the MGIB Rollup
Base. While Accepted Funds are excluded from Fixed Allocation Funds Automatic Rebalancing, and so your
allocation to that investment option as an Accepted Fund would not be subject to Fixed Allocation Funds Automatic
Rebalancing, the MGIB Rollup Base is impacted as a consequence in as much as your allocation to that investment
division as a Special Fund would not accumulate at the MGIB Rate of 6% per year (7% for Contracts with the
MGIB rider purchased before May 1, 2009). Therefore, if we were currently imposing the asset allocation
requirements, and a contract owner wished to avoid this result, he or she could allocate among the remaining
Accepted Funds, as well as among the remaining Other Funds that are not designated as Special Funds (subject to
Fixed Allocation Funds Automatic Rebalancing).

No Cancellation. Once you purchase the MGIB rider, you may not cancel it unless you: a) cancel the Contract
during the Contract’s free look period; b) surrender the Contract; c) begin the income phase and start receiving
annuity payments; or d) otherwise terminate the Contract pursuant to its terms. These events automatically cancel
the MGIB rider. Once the Contract continues beyond the free look period, you may not cancel the MGIB rider.

Termination. The MGIB rider is a “living benefit,” which means the guaranteed benefit offered by the rider is
intended to be available to you while you are living and while your Contract is in the accumulation phase. The
MGIB rider automatically terminates if you:


·	annuitize, surrender or otherwise terminate your Contract during the accumulation phase;

·	do not have contract value that is sufficient to pay the charge for the MGIB rider; or

·	die during the accumulation phase (first owner to die if there are multiple contract owners, or at death
	of annuitant if contract owner is not a natural person), unless your spouse beneficiary elects to continue
	the Contract.

Change of Owner or Annuitant. The MGIB rider will also terminate upon a change of ownership, including
adding a joint owner. Once you purchase the MGIB rider, the annuitant may not be changed except when an
annuitant who is not a contract owner dies prior to annuitization, in which case a new annuitant may be named in
accordance with the provisions of your Contract. The MGIB Base is unaffected and continues to accumulate.

In addition to spousal continuation, the following transactions are not considered a change of ownership for
purposes of termination of the MGIB rider:


1	)	Transfers from custodian to custodian;

ING Empire Traditions – 85618


2	)	Transfers from a custodian for the benefit of an individual to that same individual;
3	)	Transfers from an individual to a custodian for the benefit of the same individual;
4	)	Collateral assignments;
5	)	Transfers from trust to trust where the contract owner and the grantor of the trust is the same
		individual;
6	)	Transfers from an individual to a trust where the contract owner and the grantor of the trust is the same
		individual; or
7	)	Transfers from a trust to an individual where the contract owner and the grantor of the trust is the same
		individual.

Notification. On or about 30 days prior to the MGIB Date, we will provide you with notification which will
include an estimate of the amount of MGIB annuity benefit available if you choose to exercise it. We will determine
the actual amount of the MGIB annuity benefit as of the MGIB Date.

The MGIB rider does not restrict or limit your right to annuitize the Contract at any time permitted under
the Contract. The MGIB rider does not restrict your right to annuitize the Contract using contract values
that may be higher than the MGIB annuity benefit.

The benefits associated with the MGIB rider are available only if you annuitize your Contract under the
rider and in accordance with the provisions set forth above. Annuitizing using the MGIB may result in a
more favorable stream of income payments, and different tax consequences, under your Contract. Because
the MGIB rider is based on conservative actuarial factors, the level of lifetime income that it guarantees may
be less than the level that might be provided by the application of your Contract value to the Contract’s
applicable annuity factors. You should consider all of your options at the time you begin the income phase of
your Contract.

ING LifePay Plus Minimum Guaranteed Withdrawal Benefit (“ING LifePay Plus”) Rider. The ING LifePay
Plus rider generally provides, subject to the restrictions and limitations below, that we will guarantee a minimum
level of annual withdrawals from the Contract for the lifetime of the annuitant, even if these withdrawals deplete
your Contract value to zero. You may wish to purchase this rider if you are concerned that you may outlive your
income.

Important Note: The below information pertains to the ING LifePay Plus rider which was available for

sale from January 28, 2008 through March 15, 2010. Please see Appendix H if you purchased ING

LifePay, the prior form of this rider.

Purchase. Beginning on and after January 28, 2008, you may elect to purchase the ING LifePay Plus rider.
The annuitant must be the owner or one of the owners, unless the owner is a non-natural owner. Joint annuitants are
not allowed. The maximum issue age is 80. The issue age is the age of the owner (or the annuitant if there are joint
owners or the owner is non-natural) on the Contract anniversary on which the rider is effective. The ING LifePay
Plus rider is subject to broker/dealer availability. The ING LifePay Plus rider will not be issued until your contract
value is allocated in accordance with the investment option restrictions described in “Investment Option
Restrictions,” below. Please note that with the ING LifePay Plus rider, you cannot allocate contract value to a
Fixed Interest Division at any time.

The ING LifePay Plus rider is no longer available for purchase, including purchase by owners of existing Contracts.
Previously, Contracts issued on and after November 1, 2004 were eligible for the ING LifePay Plus rider, subject to
the conditions, requirements and limitations of the prior paragraph. Such Contracts must not already have had a
living benefit rider. Or if your Contract met the above eligibility date and had the ING LifePay rider, you could
upgrade to the ING LifePay Plus rider for a limited time. There is an election form for this purpose. Please contact
the Customer Service Center for more information.

ING Empire Traditions – 85618

Rider Date. The rider date is the date the ING LifePay Plus rider becomes effective. If you purchase the ING
LifePay Plus rider when the Contract is issued, the rider effective date is also the Contract date. If the rider is
added after contract issue, the rider effective date will be the date of the Contract’s next following quarterly
contract anniversary.

No Cancellation. Once you purchase the ING LifePay Plus rider, you may not cancel it unless you: a) cancel
the Contract during the Contract’s free look period; b) surrender the Contract; c) begin the income phase and
start receiving annuity payments; or d) otherwise terminate the Contract pursuant to its terms. These events
automatically cancel the ING LifePay Plus rider.

Termination. The ING LifePay Plus rider is a “living benefit,” which means the guaranteed benefits offered
are intended to be available to you while you are living and while your Contract is in the accumulation phase.
The optional rider automatically terminates if you:


1	)	terminate your Contract pursuant to its terms during the accumulation phase, surrender your Contract,
		or begin receiving income phase payments in lieu of payments under the ING LifePay Plus rider; or

2	)	die during the accumulation phase (first owner to die if there are multiple Contract owners, or death of
		annuitant if Contract owner is not a natural person), unless your spouse beneficiary elects to continue
		the Contract.

The ING LifePay Plus rider will also terminate if there is a change in Contract ownership (other than a spousal
beneficiary continuation on your death). Other circumstances that may cause the ING LifePay Plus rider to
terminate automatically are discussed below.

How the ING LifePay Plus Rider Works. The ING LifePay Plus rider has both phases and statuses. Through
the lifetime of the ING LifePay Plus rider, you will be in one of two phases: the Growth Phase or the Withdrawal
Phase. As detailed below, the Growth Phase begins on the effective date of the rider and ends as of the business day
before you take your first withdrawal, or on your Contract’s annuity start date. See “The Income Phase –
Restrictions on Start Dates and the Duration of Payments.” During the Growth Phase, no benefits under the ING
LifePay Plus rider are being paid out; rather, during the Growth Phase, premiums and investment growth under your
contract continue to accumulate. The Withdrawal Phase follows the Growth Phase and begins once you take your
first withdrawal or annuity payment, whichever occurs first. During the Withdrawal Phase, you may withdraw
guaranteed amounts from your Contract, subject to the terms and conditions noted in this section.

During the Withdrawal Phase, this rider has four different statuses that come in a pair to fulfill your withdrawal
guarantee: Guaranteed Withdrawal Status and Automatic Periodic Benefit Status; and Lifetime Guaranteed
Withdrawal Status and Lifetime Automatic Periodic Benefit Status. Together, these status pairs operate to fulfill the
rider’s withdrawal guarantee and depend on how old your annuitant is when you take your first withdrawal.

Guaranteed Withdrawal Status begins on the date of the first withdrawal, ONLY IF the quarterly contract
anniversary following the annuitant reaching age 59½ has not yet passed, and continues until certain circumstances
occur as noted in “Guaranteed Withdrawal Status” below. Thereafter, Automatic Periodic Benefit Status would
begin ONLY IF your contract value is depleted to zero for reasons other than withdrawals that exceed the Maximum
Annual Withdrawal, as discussed more thoroughly below. In Automatic Periodic Benefit Status, you are no longer
entitled to make withdrawals. Instead, under the ING LifePay Plus rider, you will begin to receive periodic
payments in an annual amount equal to the Maximum Annual Withdrawal until the MGWB Base is exhausted.
Alternatively, in the event your contract value is depleted because of withdrawals that exceed the Maximum Annual
Withdrawal, then Automatic Periodic Benefit Status would not begin. Rather, the Contract and the ING LifePay
Plus rider will terminate without value. While the Withdrawal Phase of your rider may begin in Guaranteed
Withdrawal Status, your rider may not enter Automatic Periodic Benefit Status

Lifetime Guaranteed Withdrawal Status begins on the date of the first withdrawal, provided the quarterly contract
anniversary following the annuitant’s age 59½ has passed, and continues until certain circumstances occur as noted
in the “Lifetime Guaranteed Withdrawal Status” below. Thereafter, Lifetime Automatic Periodic Benefit Status

ING Empire Traditions – 85618

would begin ONLY IF you contract value is depleted to zero for reasons other than withdrawals that exceed the
Maximum Annual Withdrawal, as discussed more thoroughly below. In Lifetime Automatic Periodic Benefit
Status, you are no longer entitled to make withdrawals. Instead, under the ING LifePay Plus rider, you will begin to
receive periodic payments in an amount equal to the Maximum Annual Withdrawal. Alternatively, in the event your
contract value is depleted because of withdrawals that exceed the Maximum Annual Withdrawal, then Lifetime
Automatic Periodic Benefit Status would not begin. Rather, the Contract and the ING LifePay Plus rider will
terminate without value.

Benefits paid under the ING LifePay Plus rider require the calculation of the Maximum Annual Withdrawal. The
ING LifePay Plus Base (referred to as the “MGWB Base” in the Contract) is used to determine the Maximum
Annual Withdrawal and is calculated as follows:


1	)	If you purchased the ING LifePay Plus rider on the Contract date, the initial ING LifePay Plus Base is
		equal to the initial premium (excluding any credit on the premium, or premium credit, available with your
		Contract).

2	)	If you purchased the ING LifePay Plus rider after the Contract date, the initial ING LifePay Plus Base is
		equal to the Contract value on the effective date of the rider (excluding any premium credits applied during
		the preceding 36 months).

During the Growth Phase, the ING LifePay Plus Base is increased dollar-for-dollar by any premiums received,
excluding any applicable premium credits (“eligible premiums”). In addition, on each contract anniversary, the ING
LifePay Plus Base is recalculated as the greater of:


·	The current ING LifePay Plus Base; or
·	The current Contract value (excluding any premium credits applied during the 36 months preceding the
	calculation). This is referred to as the annual “ratchet.”

If this rider was purchased before February 2, 2009, the ING LifePay Plus Base is recalculated on each quarterly
contract anniversary (once each quarter of a contract year from the contract date). This is referred to as a quarterly
“ratchet.”

Also, on each of the first ten contract anniversaries ONLY after the Annuitant has reached age 59½, the ING
LifePay Plus Base is recalculated as the greatest of:


·	The current ING LifePay Plus Base; or
·	The current Contract value (excluding any premium credits applied during the 36 months preceding the
	calculation); and
·	During the Growth Phase, the ING LifePay Plus Base on the previous contract anniversary, increased by
	6%, plus any eligible premiums and minus any third-party investment advisory fees paid from your
	contract during the year. This is referred to as an annual “step-up.” (Any premium credits applied are
	excluded from the eligible premiums with a step-up.) If this rider was purchased before February 2, 2009,
	the annual step-up is 7%.

Please note that there are no partial step-ups. Step-ups are not pro-rated. So for existing Contracts to which this
rider is attached (a post Contract issuance election), the first opportunity for a step-up will not be until the first
contract anniversary after a full contract year has elapsed since the rider effective date, SO LONG AS the Annuitant
is at least age 59½.

Say for example that with a Contract purchased on January 1, 2007, the contract owner decides to add LifePay Plus
on March 15, 2007. The rider effective date is April 1, 2007, which is the date of the Contract’s next following
quarterly contract anniversary. Because on January 1, 2008 a full contract year will not have elapsed since the rider
effective date, the ING LifePay Plus Base will not be eligible for a step-up. Rather, the first opportunity for a step-
up with this Contract is on January 1, 2009, assuming the Annuitant is age 59½.

ING Empire Traditions – 85618

This rider has no cash value. You cannot surrender the Contract for the ING LifePay Plus Base. The ING LifePay
Plus Base is not available to annuitize.

Currently, any additional premiums paid during the Withdrawal Phase are eligible premiums for purposes of
determining the ING LifePay Plus Base and the Maximum Annual Withdrawal. If this rider was purchased before
February 2, 2009, any additional premiums paid during the Withdrawal Phase are not eligible premiums, but do
increase the Contract value used to determine the reset Maximum Annual Withdrawal under the benefit reset feature
of the ING LifePay Plus rider (see “ING LifePay Plus Reset,” below). We reserve the right to discontinue allowing
premium payments during the Withdrawal Phase.

Guaranteed Withdrawal Status. This status begins on the date of the first withdrawal, ONLY IF the quarterly
contract anniversary has not passed on which or after the annuitant is age 59½. While the ING LifePay Plus rider is
in Guaranteed Withdrawal Status, withdrawals in a contract year up to the Maximum Annual Withdrawal will
reduce the ING LifePay Plus Base dollar-for-dollar. Withdrawals while the ING LifePay Plus rider is in Guaranteed
Withdrawal Status are not guaranteed for the lifetime of the annuitant. This status will then continue until the
earliest of:


1	)	quarterly contract anniversary following the annuitant reaching age 59½, provided the contract owner
		does not decline the change to Lifetime Guaranteed Withdrawal Status;
2	)	reduction of the ING LifePay Plus Base to zero, at which time the rider will terminate;
3	)	the date annuity payments begin (see “The Income Phase”);
4	)	reduction of the Contract value to zero by a withdrawal in excess of the Maximum Annual
		Withdrawal;
5	)	reduction of the Contract value to zero by a withdrawal less than or equal to the Maximum Annual
		Withdrawal (see “Automatic Periodic Benefit Status,” below);
6	)	the surrender of the Contract;
7	)	the death of the owner (first owner, in the case of joint owners; annuitant, in the case of a non-natural
		owner), unless your spouse beneficiary elects to continue the Contract; or
8	)	automatic reset into the Lifetime Guaranteed Withdrawal Status.

You will receive prior notice, of not less than 30 days, if you are in the Guaranteed Withdrawal Status and become
eligible for the Lifetime Guaranteed Withdrawal Status. This notice will explain the change, its impact to you and
your options. You may decline this change.

Please note that with the automatic reset into the Lifetime Guaranteed Withdrawal Status, it is possible that the
Maximum Annual Withdrawal, as recalculated, will be less, due to your withdrawals (and reduction of the ING
LifePay Plus Base as a result) while the rider was in the Guaranteed Withdrawal Status. See Appendix F,
Illustration 6, for an example. Also please note, however, that by declining automatic reset into the Lifetime
Guaranteed Withdrawal Status, your ING LifePay Plus Base will not thereafter be automatically reset – to the then
current Contract value (excluding any premium credits applied during the 36 months preceding the calculation) if
the contract value is higher – as it could be while the rider is in Lifetime Guaranteed Withdrawal Status. No further
resets will be available. For more information, please see “ING LifePay Plus Reset” below.

If you decline the automatic reset, your rider will continue in the Guaranteed Withdrawal Status. There will not be
another opportunity to automatically reset into the Lifetime Guaranteed Withdrawal Status. Thereafter, in the event
contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal, including due to poor market performance, your rider’s status will change to Automatic Periodic
Benefit Status. In Automatic Periodic Benefit Status, other than the payments as provided under the ING LifePay
Plus rider, the Contract will provide no further benefits (including death benefits). In the event contract value is

ING Empire Traditions – 85618

reduced to zero by a withdrawal in excess of the Maximum Annual Withdrawal, the Contract and rider will
terminate without value. For more information about the effect of a withdrawal reducing the Contract value to zero,
please see “Automatic Periodic Benefit Status” below.

Please see below for more information about each of this rider’s four different statuses.

Lifetime Guaranteed Withdrawal Status. This status begins on the date of your first withdrawal, SO LONG
AS the quarterly contract anniversary has passed on which or after the annuitant is age 59½. Or for Contracts in
Guaranteed Withdrawal Status, the Lifetime Guaranteed Withdrawal Status begins upon automatic reset. This status
continues until the earliest of:


1	)	the date annuity payments begin (see “The Income Phase”);
2	)	reduction of the Contract value to zero by a withdrawal in excess of the Maximum Annual
		Withdrawal;
3	)	reduction of the Contract value to zero by a withdrawal less than or equal to the Maximum Annual
		Withdrawal (see “Lifetime Automatic Periodic Benefit Status,” below);
4	)	the surrender of the Contract; or
5	)	the death of the owner (first owner, in the case of joint owners; annuitant, in the case of a non-natural
		person owner), unless your spouse beneficiary elects to continue the Contract.

The rider’s status changes to Lifetime Automatic Periodic Benefit Status in the event Contract value is reduced to
zero for a reason other than a withdrawal in excess of the Maximum Annual Withdrawal, including due to poor
market performance. In Lifetime Automatic Periodic Benefit Status, other than the payments as provided under the
ING LifePay Plus rider, the Contract will provide no further benefits (including death benefits). Otherwise, if
Contract value is reduced to zero by a withdrawal in excess of the Maximum Annual Withdrawal, the Contract and
rider will terminate without value. For more information about the effect of a withdrawal reducing the Contract
value to zero, please see “Lifetime Automatic Periodic Benefit Status” below. As described below, certain features
of the ING LifePay Plus rider may differ depending on whether you are in Lifetime Guaranteed Withdrawal Status.

Determination of the Maximum Annual Withdrawal. The Maximum Annual Withdrawal is
determined on the date the Withdrawal Phase begins. It equals a percentage of the greater of 1) the Contract
value and 2) the ING LifePay Plus Base as of the last day of the Growth Phase. The first withdrawal after the
effective date of the rider (which causes the end of the Growth Phase) is treated as occurring on the first day
of the Withdrawal Phase, after calculation of the Maximum Annual Withdrawal. The Maximum Annual
Withdrawal percentage, which varies by age of the annuitant on the date the Withdrawal Phase begins, is as
follows:


		Maximum Annual
Annuitant Age		Withdrawal Percentage
0-64	*	4	%*
65-75		5	%
76-80		6	%
81	+	7	%

ING Empire Traditions – 85618

If this rider was purchased before February 2, 2009, the Maximum Annual Withdrawal Percentages are:


		Maximum Annual
Annuitant Age		Withdrawal Percentage
0-75	*	5	%*
76-80		6	%
81	+	7	%

*If the Withdrawal Phase begins before the quarterly contract anniversary on or after the annuitant reaches
age 59½, withdrawals in a contract year up to the Maximum Annual Withdrawal will reduce the ING LifePay
Plus Base dollar-for-dollar, under what we refer to as the “Standard Withdrawal Benefit.” Then, on the
quarterly contract anniversary on or after the annuitant reaches age 59½, the ING LifePay Plus Base will
automatically be reset to the current Contract value (excluding any premium credits applied during the
preceding 36 months), if greater, and the Maximum Annual Withdrawal will be recalculated.

Once determined, the Maximum Annual Withdrawal percentage never changes for the Contract, except as
provided for under spousal continuation. See “Continuation After Death – Spouse,” below. This is important
to keep in mind in deciding when to take your first withdrawal because the younger you are at that time, the
lower the Maximum Annual Withdrawal percentage.

If the Contract’s annuity commencement date is reached while you are in the ING LifePay Plus rider’s
Lifetime Guaranteed Withdrawal Status, then you may elect a life only annuity option, in lieu of the
Contract’s other annuity options, under which we will pay the greater of the annuity payout under the
Contract and equal annual payments of the Maximum Annual Withdrawal.

Whether the Maximum Annual Withdrawal is subject to change depends on the extent of your withdrawals.
The amount of your withdrawal or withdrawals in any Contract year that, when added together, do not exceed
the Maximum Annual Withdrawal do not reduce the Maximum Annual Withdrawal. However, if the total
amount of your withdrawals in any Contract year exceeds the Maximum Annual Withdrawal, then the
Maximum Annual Withdrawal will be reduced in the same proportion as the contract value is reduced by the
amount of the excess withdrawal.

For this purpose, an excess withdrawal is the lesser of the amount by which your total withdrawals in a
Contract year exceed the Maximum Annual Withdrawal and the amount of your present request for a
withdrawal. The amount of any applicable premium credit deduction (recapture) or surrender charges are not
included in determining whether the total amount of your withdrawals in a Contract year exceeds the
Maximum Annual Withdrawal and triggers a pro-rata reduction. However, in the event that the Maximum
Annual Withdrawal is to be subject to a pro-rata reduction because of an excess withdrawal, the amount by
which the Maximum Annual Withdrawal will be reduced will include any premium credit deduction and
surrender charges. See Appendix F, Illustrations 1 and 2 for examples of this concept.

Required Minimum Distributions. Withdrawals taken from the Contract to satisfy the Required
Minimum Distribution rules of the Tax Code are considered withdrawals for purposes of the ING LifePay
Plus rider and will begin the Withdrawal Phase if the Withdrawal Phase has not already started. Any such
withdrawal that exceed the Maximum Annual Withdrawal for a specific Contract year will not be deemed
excess withdrawals in that Contract year for purposes of the ING LifePay Plus rider, subject to the following
rules:


1	)	If your Required Minimum Distribution for a calendar year (determined on a date on or before
		January 31 of that year), applicable to this Contract, is greater than the Maximum Annual
		Withdrawal on that date, an Additional Withdrawal Amount will be set equal to that portion of the
		Required Minimum Distribution that exceeds the Maximum Annual Withdrawal.

ING Empire Traditions – 85618


2	)	Once you have taken the Maximum Annual Withdrawal for the then current Contract year, the dollar
		amount of any additional withdrawals will count first against and reduce any unused Additional
		Withdrawal Amount for the previous calendar year followed by any Additional Withdrawal Amount
		for the current calendar year – without being deemed an excess withdrawal.

3	)	In the event of any withdrawals that exceed the Maximum Annual Withdrawal and all available
		Additional Withdrawal Amounts, the dollar amount of these withdrawals will be deemed excess
		withdrawals that cause the Maximum Annual Withdrawal to be reduced on a pro-rata basis, as
		described above.

4	)	The Additional Withdrawal Amount is available on a calendar year basis and recalculated every
		January, reset to equal that portion of the Required Minimum Distribution for that calendar year that
		exceeds the Maximum Annual Withdrawal on that date. Any unused amount of the Additional
		Withdrawal Amount carries over into the next calendar year and is available through the end of that
		year, at which time any amount remaining will expire.

5	)	The Additional Withdrawal Amount does not change in the event you choose to reset the Maximum
		Annual Withdrawal Amount. See “ING LifePay Plus Reset Option” below. The Additional
		Withdrawal Amount is only subject to change when the Additional Withdrawal Amount is reset as
		described above.

See Appendix F, Illustrations 3 and 4.

Investment Advisory Fees. Withdrawals taken pursuant to a program established by the owner for the
payment of investment advisory fees to a named third party investment adviser for advice on management of
the Contract’s values will not cause the Withdrawal Phase to begin. During the Growth Phase, such
withdrawals reduce the ING LifePay Plus Base on a dollar-for-dollar basis, and during the Withdrawal Phase,
these withdrawals are treated as any other withdrawal.

Automatic Periodic Benefit Status. If the Contract value is reduced to zero by a withdrawal in excess of
the Maximum Annual Withdrawal, the Contract and the rider will terminate without value due to the pro-rata
reduction described in “Determination of the Maximum Annual Withdrawal” above.

If the Contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal while the rider is in Guaranteed Withdrawal Status, the rider will enter Automatic Periodic Benefit
Status and you are no longer entitled to make withdrawals. Instead, under the ING LifePay Plus rider, you will
begin to receive periodic payments in an annual amount equal to the Maximum Annual Withdrawal, until the
remaining ING LifePay Plus Base is exhausted.

When the rider enters Automatic Periodic Benefit Status:


1	)	the Contract will provide no further benefits (including death benefits) other than as provided under
		the ING LifePay Plus rider;
2	)	no further premium payments will be accepted; and
3	)	any other riders attached to the Contract will terminate, unless otherwise specified in that rider.

During Automatic Periodic Benefit Status, we will pay you periodic payments in an annual amount that is equal
to the Maximum Annual Withdrawal. These payments will continue until the ING LifePay Plus Base is
reduced to zero, at which time the rider will terminate without value.

If when the ING LifePay Plus rider enters Automatic Periodic Benefit Status your net withdrawals to date are
less than the Maximum Annual Withdrawal for that contract year, then we will pay you the difference
immediately. The periodic payments will begin on the last day of the first full Contract year following the date
the rider enters Automatic Periodic Benefit Status and will continue to be paid annually thereafter.

ING Empire Traditions – 85618

You may elect to receive systematic withdrawals pursuant to the terms of the Contract. Under a systematic
withdrawal, either a fixed amount or an amount based upon a percentage of the contract value will be
withdrawn from your contract and paid to you on a scheduled basis, either monthly, quarterly or annually. If, at
the time the rider enters Automatic Periodic Benefit Status, you are receiving systematic withdrawals under the
Contract more frequently than annually, the periodic payments will be made at the same frequency in equal
amounts such that the sum of the payments in each Contract year will equal the annual Maximum Annual
Withdrawal. Such payments will be made on the same payment dates as previously set up, if the payments
were being made monthly or quarterly. If the payments were being made semi-annually or annually, the
payments will be made at the end of the half-Contract year or Contract year, as applicable.

Lifetime Automatic Periodic Benefit Status. If the Contract value is reduced to zero by a withdrawal in
excess of the Maximum Annual Withdrawal, the Contract and the rider will terminate without value due to the
pro-rata reduction described in “Determination of the Maximum Annual Withdrawal” above.

If the Contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal while the rider is in Lifetime Guaranteed Withdrawal Status, the rider will enter Lifetime
Automatic Periodic Benefit Status and you are no longer entitled to make withdrawals. Instead, under the ING
LifePay Plus rider, you will begin to receive periodic payments in an annual amount equal to the Maximum
Annual Withdrawal.

When the rider enters Lifetime Automatic Periodic Benefit Status:


1	)	the Contract will provide no further benefits (including death benefits) other than as provided under
		the ING LifePay Plus rider;
2	)	no further premium payments will be accepted; and
3	)	any other riders attached to the Contract will terminate, unless otherwise specified in that rider.

During Lifetime Automatic Periodic Benefit Status, we will pay you periodic payments in an annual amount
that is equal to the Maximum Annual Withdrawal. These payments will cease upon the death of the annuitant at
which time both the rider and the Contract will terminate. The rider will remain in Lifetime Automatic Periodic
Benefit Status until it terminates without value upon the annuitant’s death.

If when the ING LifePay Plus rider enters Lifetime Automatic Periodic Benefit Status your net withdrawals to
date are less than the Maximum Annual Withdrawal for that contract year, then we will pay you the difference
immediately. The periodic payments will begin on the last day of the first full Contract year following the date
the rider enters Lifetime Automatic Periodic Benefit Status and will continue to be paid annually thereafter.

You may elect to receive systematic withdrawals pursuant to the terms of the Contract. Under a systematic
withdrawal, either a fixed amount or an amount based upon percentage of the contract value will be withdrawn
from your contract and paid to you on a scheduled basis, either monthly, quarterly or annually. If, at the time
the rider enters Lifetime Automatic Periodic Benefit Status, you are receiving systematic withdrawals under the
Contract more frequently than annually, the periodic payments will be made at the same frequency in equal
amounts such that the sum of the payments in each Contract year will equal the annual Maximum Annual
Withdrawal. Such payments will be made on the same payment dates as previously set up, if the payments
were being made monthly or quarterly. If the payments were being made semi-annually or annually, the
payments will be made at the end of the half-Contract year or Contract year, as applicable.

ING LifePay Plus Reset. Once the Lifetime Guaranteed Withdrawal Status begins and the Maximum
Annual Withdrawal has been determined, on each contract anniversary we will increase (or “reset”) the ING
LifePay Plus Base to the current Contract value (excluding any premium credits applied during the 36 months
preceding the calculation), if the Contract value is higher. The Maximum Annual Withdrawal will also be
recalculated, and the remaining portion of the new Maximum Annual Withdrawal will be available for

ING Empire Traditions – 85618

withdrawal immediately. This reset ONLY occurs when the rider is in Lifetime Guaranteed Withdrawal Status,
and is automatic.

If this rider was purchased before February 2, 2009, the ING LifePay Plus Base and Maximum Annul
Withdrawal is reset on each quarterly contract anniversary.

We reserve the right to change the charge for this rider with a reset. In this event, you will receive prior notice,
of not less than 30 days, which explains the change, its impact to you and your options. You may decline this
change (and the reset). Please note, however, that by declining a reset, your ING LifePay Plus Base will not
thereafter be reset, and the Maximum Annual Withdrawal will also not be recalculated; no further resets will be
available.

Investment Option Restrictions. While this rider is in effect, there are limits on the portfolios to which your
Contract value may be allocated. Contract value allocated to portfolios other than Accepted Funds will be
rebalanced so as to maintain at least a specified percentage of such Contract value in the Fixed Allocation Funds,
which percentage depends on the rider’s purchase date:


Rider Purchase Date	Fixed Allocation Fund Percentage
On or after February 2, 2009	30	%
Before February 2, 2009	20	%

See “Fixed Allocation Funds Automatic Rebalancing,” below for more information. We have these investment
option restrictions to lessen the likelihood we would have to make payments under this rider. We require this
allocation regardless of your investment instructions to the Contract. The rider will not be issued until your Contract
value is allocated in accordance with these investment option restrictions. The timing of when and how we apply
these restrictions is discussed further below.


Accepted Funds. Currently, the Accepted Funds are:

BlackRock Global Allocation V.I. Fund	ING Retirement Conservative Portfolio
ING American Funds Asset Allocation Portfolio	ING Retirement Growth Portfolio
ING American Funds World Allocation Portfolio	ING Retirement Moderate Growth Portfolio
ING Invesco Van Kampen Equity and Income	ING Retirement Moderate Portfolio
Portfolio
ING Liquid Assets Portfolio	ING T. Rowe Price Capital Appreciation Portfolio
ING MFS Total Return Portfolio	Fixed Interest Allocation
ING Oppenheimer Active Allocation Portfolio

If this rider was purchased before February 2, 2009, the following are additional Accepted Funds:

ING Franklin Templeton Founding Strategy Portfolio
ING WisdomTree^SMGlobal High-Yielding Equity Index Portfolio

No rebalancing is necessary when Contract value is allocated entirely to Accepted Funds. We may change
these designations at any time upon 30 days notice to you. If a change is made, the change will apply to
Contract value allocated to such portfolios after the date of the change.

Fixed Allocation Funds. Currently, the Fixed Allocation Funds are:

ING American Funds Bond Portfolio	ING PIMCO Total Return Bond Portfolio
ING BlackRock Inflation Protected Bond Portfolio	ING U.S. Bond Index Portfolio
ING Intermediate Bond Portfolio

You may allocate your contract value to one or more of the Fixed Allocation Funds. We consider the ING
Intermediate Bond Portfolio to be the default Fixed Allocation Fund with Fixed Allocation Funds
Automatic Rebalancing.

ING Empire Traditions – 85618

Other Funds. All portfolios available under the Contract other than Accepted Funds or the Fixed
Allocation Funds are considered Other Funds.

Fixed Allocation Funds Automatic Rebalancing. If the Contract value in the Fixed Allocation Funds is
less than the specified percentage of the total Contract value allocated to both the Fixed Allocation Funds and
Other Funds on any ING LifePay Plus Rebalancing Date, we will automatically rebalance the Contract value
allocated to the Fixed Allocation Funds and Other Funds so that the specified percentage of this amount is
allocated to the Fixed Allocation Funds. The specified percentage depends on the rider’s purchase date.
Accepted Funds are excluded from Fixed Allocation Funds Automatic Rebalancing. Any rebalancing is done
on a pro-rata basis from the Other Funds to the Fixed Allocation Funds and will be the last transaction
processed on that date. The ING LifePay Plus Rebalancing Dates occur on each Contract anniversary and after
the following transactions:


1	)	receipt of additional premiums;
2	)	transfer or reallocation among the Fixed Allocation Funds or Other Funds, whether automatic or
		specifically directed by you; and
3	)	withdrawals from the Fixed Allocation Funds or Other Funds.

Fixed Allocation Funds Automatic Rebalancing is separate from any other automatic rebalancing under the
Contract. However, if the other automatic rebalancing under the Contract causes the allocations to be out of
compliance with the investment option restrictions noted above, Fixed Allocation Funds Automatic
Rebalancing will occur immediately after the automatic rebalancing to restore the required allocations. See
“Appendix G – Examples of Fixed Allocation Funds Automatic Rebalancing.” You will be notified that Fixed
Allocation Funds Automatic Rebalancing has occurred, along with your new allocations, by a confirmation
statement that will be mailed to you after Fixed Allocation Funds Automatic Rebalancing has occurred.

In certain circumstances, Fixed Allocation Funds Automatic Rebalancing may result in a reallocation into the
Fixed Allocation Funds even if you have not previously been invested in them. See “Appendix G – Examples
of Fixed Allocation Funds Automatic Rebalancing, Example I.” By electing to purchase the ING LifePay
Plus rider, you are providing the Company with direction and authorization to process these
transactions, including reallocations into the Fixed Allocation Funds. You should not purchase the ING
LifePay Plus rider if you do not wish to have your Contract value reallocated in this manner.

Death of Owner or Annuitant. The ING LifePay Plus rider and charges will terminate on the date of
death of the owner (or in the case of joint owners, the first owner), or the annuitant if there is a non-natural
owner.

Continuation After Death – Spouse. If the surviving spouse of the deceased owner continues the
Contract (see “Death Benefit Choices – Continuation After Death – Spouse”), the rider will also continue on the
next quarterly contract anniversary, provided the spouse becomes the annuitant and sole owner.

If the rider is in the Growth Phase at the time of spousal continuation:


1	)	The rider will continue in the Growth Phase;
2	)	On the date the rider is continued, the ING LifePay Plus Base will be reset to equal the greater of the
		ING LifePay Plus Base and the then current Contract value;
3	)	The ING LifePay Plus charges will restart and be the same as were in effect prior to the claim date;
4	)	Ratchets, which stop on the claim date, are restarted, effective on the date the rider is continued;

ING Empire Traditions – 85618


5	)	Any remaining step-ups will be available, and if the rider is continued before an annual contract
		anniversary when a step-up would have been available, then that step-up will be available;

6	)	The Maximum Annual Withdrawal percentage will be determined as of the date of the first
		withdrawal, whenever it occurs, and will be based on the spouse’s age on that date; and

7	)	The rider’s Standard Withdrawal Benefit will be available until the quarterly contract anniversary on or
		after the spouse is age 59½.

If the rider is in the Withdrawal Phase at the time of spousal continuation:


1	)	The rider will continue in the Withdrawal Phase.

2	)	The rider’s charges will restart on the date the rider is continued and be the same as were in effect prior
		to the claim date.

3	)	On the quarterly Contract anniversary that the date the rider is continued:

		(a)	If the surviving spouse was not the annuitant before the owner’s death, then the ING LifePay
			Plus Base will be reset to the current Contract value and the Maximum Annual Withdrawal is
recalculated by multiplying the new ING LifePay Plus Base by the Maximum Annual
			Withdrawal percentage based on the surviving spouse’s age on that date. Withdrawals are
			permitted pursuant to the other provisions of the rider. Withdrawals causing the Contract value
			to fall to zero will terminate the Contract and the rider.

		(b)	If the surviving spouse was the annuitant before the owner’s death, then the ING LifePay Plus
			Base will be reset to the current Contract value, only if greater, and the Maximum Annual
			Withdrawal is recalculated by multiplying the new ING LifePay Plus Base by the Maximum
			Annual Withdrawal percentage based on the surviving spouse’s age on that date. Withdrawals
			are permitted pursuant to the other provisions of the rider.

4	)	The rider charges will restart on the quarter Contract anniversary that the rider is continued and will be
		the same as were in effect prior to the claim date.

Effect of ING LifePay Plus Rider on Death Benefit. If you die before Lifetime Automatic Periodic
Benefit Status begins under the ING LifePay Plus rider, the death benefit is payable, but the rider terminates.
However, if the beneficiary is the owner’s spouse, and the spouse elects to continue the Contract, the death
benefit is not payable until the spouse’s death. Thus, you should not purchase this rider with multiple
owners, unless the owners are spouses. See “Death of Owner or Annuitant” and “Continuation After Death –
Spouse,” above for further information.

While in Lifetime Automatic Periodic Benefit Status, if the owner who is not the annuitant dies, we will
continue to pay the periodic payments that the owner was receiving under the ING LifePay Plus rider to the
beneficiary. While in Lifetime Automatic Periodic Benefit Status, if an owner who is also the annuitant dies,
the periodic payments will stop. No other death benefit is payable.

While the rider is in Automatic Periodic Benefit Status, if the owner dies, the remaining ING LifePay Plus Base
will be paid to the beneficiary in a lump sum.

Change of Owner or Annuitant. Other than as provided above under “Continuation After Death- Spouse,”
you may not change the annuitant. The rider and rider charges will terminate upon change of owner, including
adding an additional owner, except for the following ownership changes:


1	)	spousal continuation as described above;
2	)	change of owner from one custodian to another custodian;

ING Empire Traditions – 85618


3	)	change of owner from a custodian for the benefit of an individual to the same individual;
4	)	change of owner from an individual to a custodian for the benefit of the same individual;
5	)	collateral assignments;
6	)	change in trust as owner where the individual owner and the grantor of the trust are the same
		individual;
7	)	change of owner from an individual to a trust where the individual owner and the grantor of the trust
		are the same individual; and
8	)	change of owner from a trust to an individual where the individual owner and the grantor of the trust
		are the same individual.

Surrender Charges. If you elect the ING LifePay Plus rider, your withdrawals will be subject to surrender
charges if they exceed the free withdrawal amount, so long as there is contract value from which to take your
withdrawals. However, once your Contract value is zero, any periodic payments under the ING LifePay Plus rider
would not be subject to surrender charges. Moreover, with no contract value, none of your contract level recurring
charges (e.g., the Mortality and Expense Risk Charge) would be deducted. See Appendix F for examples.

Loans. No loans are permitted on Contracts with the ING LifePay Plus rider.

Taxation. For more information about the tax treatment of amounts paid to you under the ING LifePay Plus
Rider, see “Federal Tax Considerations – Tax Consequences of Living Benefits and Death Benefit.”

ING Joint LifePay Plus Minimum Guaranteed Withdrawal Benefit (“ING Joint LifePay Plus”) Rider. The
ING Joint LifePay Plus rider generally provides, subject to the restrictions and limitations below, that we will
guarantee a minimum level of annual withdrawals from the Contract for the lifetime of both you and your spouse,
even if these withdrawals deplete your contract value to zero. You may wish to purchase this rider if you are
married and are concerned that you and your spouse may outlive your income.

Important Note: The Below information pertains to the ING Joint LifePay Plus rider which was available

for sale from January 28, 2008 through March 15, 2010. Please see Appendix H if you purchased ING

Joint LifePay, the prior form of this rider.

Purchase. Beginning on and after January 28, 2008, you may elect to purchase the ING Joint LifePay Plus
rider. The ING Joint LifePay Plus rider is only available for purchase by individuals who are married at the time of
purchase and eligible to elect spousal continuation (as defined by the Tax Code) when the death benefit becomes
payable. We refer to these individuals as spouses. Certain ownership, annuitant, and beneficiary designations are
required in order to purchase the ING Joint LifePay Plus rider. See “Ownership, Annuitant, and Beneficiary
Requirements,” below. The maximum issue age is 80. Both spouses must meet these issue age requirements on the
contract anniversary on which the ING Joint LifePay Plus rider is effective. The issue age is the age of the owners
on the Contract anniversary on which the rider is effective. The ING Joint LifePay Plus rider is subject to
broker/dealer availability. The ING Joint LifePay Plus rider will not be issued until your contract value is allocated
in accordance with the investment option restrictions described in “Investment Option Restrictions,” below. Please
note that with the ING Joint LifePay Plus rider, you cannot allocate contract value to a Fixed Interest
Division at any time.

The ING Joint LifePay Plus rider is no longer available for purchase, including purchase by owners of existing
Contracts. Previously, Contracts issued on and after November 1, 2004 were eligible for the ING Joint LifePay Plus
rider, subject to the conditions, requirements and limitations of the prior paragraph. Such Contracts must not
already have had a living benefit rider. Or if your Contract met the above eligibility date and had the ING Joint
LifePay rider, you could upgrade to the ING Joint LifePay Plus rider for a limited time. There is an election form
for this purpose. Please contact our Customer Service Center for more information.

ING Empire Traditions – 85618

Ownership, Annuitant, and Beneficiary Designation Requirements. Certain ownership, annuitant, and
beneficiary designations are required in order to purchase the ING Joint LifePay Plus rider. These designations
depend upon whether the contract is issued as a nonqualified contract, an IRA or a custodial IRA. In all cases, the
ownership, annuitant, and beneficiary designations must allow for the surviving spouse to continue the contract
when the death benefit becomes payable, as provided by the Tax Code. Non-natural, custodial owners are only
allowed with IRAs (“custodial IRAs”). Joint annuitants are not allowed. The necessary ownership, annuitant and/or
beneficiary designations are described below. Applications that do not meet the requirements below will be
rejected. We reserve the right to verify the date of birth and social security number of both spouses.

Nonqualified Contracts. For a jointly owned contract, the owners must be spouses, and the annuitant
must be one of the owners. For a contract with only one owner, the owner’s spouse must be the sole primary
beneficiary, and the annuitant must be one of the spouses.

IRAs. There may only be one owner, who must also be the annuitant. The owner’s spouse must be the
sole primary beneficiary.

Custodial IRAs. While we do not maintain individual owner and beneficiary designations for IRAs held
by an outside custodian, the ownership and beneficiary designations with the custodian must comply with the
requirements listed in “IRAs” above. The annuitant must be the same as the beneficial owner of the custodial
IRA. We require the custodian to provide us the name and date of birth of both the owner and the owner’s
spouse.

Rider Date. The ING Joint LifePay Plus rider date is the date the ING Joint LifePay Plus rider becomes
effective. If you purchase the ING Joint LifePay Plus rider when the contract is issued, the ING Joint LifePay Plus
rider date is also the contract date. If the rider is added after contract issue, the rider effective date will be the date
of the Contract’s next following quarterly contract anniversary.

No Cancellation. Once you purchase the ING Joint LifePay Plus rider, you may not cancel it unless you: a)
cancel the contract during the contract’s free look period; b) surrender the Contract; c) start receiving annuity
payments; or d) otherwise terminate the Contract pursuant to its terms. These events automatically cancel the ING
Joint LifePay Plus rider.

Termination. The ING Joint LifePay Plus rider is a “living benefit,” which means the guaranteed benefits
offered are intended to be available to you and your spouse while you are living and while your contract is in the
accumulation phase. The optional rider automatically terminates if you:


1	)	terminate your contract pursuant to its terms during the accumulation phase, surrender your Contract,
		or begin receiving income phase payments in lieu of payments under the ING Joint LifePay Plus rider;

2	)	die during the accumulation phase (first owner to die in the case of joint owners, or death of annuitant
		if the contract is a custodial IRA), unless your spouse elects to continue the contract (and your spouse
		is active for purposes of the ING Joint LifePay Plus rider); or

3	)	change the owner of the contract (other than a spousal continuation by an active spouse).

See “Change of Owner or Annuitant,” below. Other circumstances that may cause the ING Joint LifePay Plus rider
to terminate automatically are discussed below.

Active Status. Once the ING Joint LifePay Plus rider has been issued, a spouse must remain in “active” status
in order to exercise rights and receive the benefits of the ING Joint LifePay Plus rider after the first spouse’s death
by electing spousal continuation. In general, changes to the ownership, annuitant, and/or beneficiary designation
requirements noted above will result in one spouse being designated as “inactive.” Inactive spouses are not eligible
to continue the benefits of the ING Joint LifePay Plus rider after the death of the other spouse. Once designated
“inactive,” a spouse may not regain active status under the ING Joint LifePay Plus rider. Specific situations that will
result in a spouse’s designation as “inactive” include the following:

ING Empire Traditions – 85618


1	)	For nonqualified contracts where the spouses are joint owners, the removal of a joint owner (if that
		spouse does not automatically become sole primary beneficiary pursuant to the terms of the contract),
		or the change of one joint owner to a person other than an active spouse.

2	)	For nonqualified contracts where one spouse is the owner and the other spouse is the sole primary
		beneficiary, as well as for IRA contracts (including custodial IRAs), the addition of a joint owner who
		is not also an active spouse or any change of beneficiary (including the addition of primary
		beneficiaries).

3	)	In the event of the death of one spouse (in which case the deceased spouse becomes inactive).

An owner may also request that one spouse be treated as inactive. In the case of joint-owned contracts, both
contract owners must agree to such a request. An inactive spouse is not eligible to exercise any rights or receive any
benefits under the ING Joint LifePay Plus rider. However, all charges for the ING Joint LifePay Plus rider will
continue to apply, even if one spouse becomes inactive, regardless of the reason. You should make sure you
understand the impact of beneficiary and owner changes on the ING Joint LifePay Plus rider prior to
requesting any such changes.

A divorce will terminate the ability of an ex-spouse to continue the contract. See “Divorce,” below.

How the ING Joint LifePay Plus Rider Works. The ING Joint LifePay Plus rider has both phases and
statuses. Through the lifetime of the ING Joint LifePay Plus rider, you will be in one of two phases: the Growth
Phase or the Withdrawal Phase. As detailed below, the Growth Phase begins on the effective date of the rider and
ends as of the business day before you take your first withdrawal, or on your Contract’s annuity start date. See “The
Income Phase – Restrictions on Start Dates and the Duration of Payments.” During the Growth Phase, no benefits
under the ING Joint LifePay Plus rider are being paid out; rather, during the Growth Phase, premiums and
investment growth under your contract continue to accumulate. The Withdrawal Phase follows the Growth Phase
and begins once you take your first withdrawal or annuity payment, whichever occurs first. During the Withdrawal
Phase, you may withdraw guaranteed amounts from your Contract, subject to the terms and conditions noted in this
section.

During the Withdrawal Phase, this rider has four different statuses that come in a pair to fulfill your withdrawal
guarantee: Guaranteed Withdrawal Status and Automatic Periodic Benefit Status; and Lifetime Guaranteed
Withdrawal Status and Lifetime Automatic Periodic Benefit Status. Together, these status pairs operate to fulfill the
rider’s withdrawal guarantee and depend on how old the youngest active spouse is when you take your first
withdrawal.

Guaranteed Withdrawal Status begins on the date of the first withdrawal, ONLY IF the quarterly contract
anniversary following the youngest active spouse’s 65^thbirthday has not yet passed, and continues until certain
circumstances occur as noted in “Guaranteed Withdrawal Status” below. Thereafter, Automatic Periodic Benefit
Status would begin ONLY IF your contract value is depleted to zero for reasons other than withdrawals that exceed
the Maximum Annual Withdrawal, as discussed more thoroughly below. In Automatic Periodic Benefit Status, you
are no longer entitled to make withdrawals. Instead, under the ING Joint LifePay Plus rider, you will begin to
receive periodic payments in an annual amount equal to the Maximum Annual Withdrawal until the ING Joint
LifePay Plus Base is exhausted. Alternatively, in the event your contract value is depleted because of withdrawals
that exceed the Maximum Annual Withdrawal, then Automatic Periodic Benefit Status would not begin. Rather, the
Contract and the ING Joint LifePay Plus rider will terminate without value. While the Withdrawal Phase of your
rider may begin in Guaranteed Withdrawal Status, your rider may not enter Automatic Periodic Benefit Status.

Lifetime Guaranteed Withdrawal Status begins on the date of the first withdrawal, provided the quarterly contract
anniversary following the youngest active spouse’s 65^thbirthday has passed, and continues until certain
circumstances occur as noted in the “Lifetime Guaranteed Withdrawal Status” below. Thereafter, Lifetime
Automatic Periodic Benefit Status would begin ONLY IF you contract value is depleted to zero for reasons other
than withdrawals that exceed the Maximum Annual Withdrawal, as discussed more thoroughly below. In Lifetime
Automatic Periodic Benefit Status, you are no longer entitled to make withdrawals. Instead, under the ING Joint

ING Empire Traditions – 85618

LifePay Plus rider, you will begin to receive periodic payments in an amount equal to the Maximum Annual
Withdrawal. Alternatively, in the event your contract value is depleted because of withdrawals that exceed the
Maximum Annual Withdrawal, then Lifetime Automatic Periodic Benefit Status would not begin. Rather, the
Contract and the ING Joint LifePay Plus rider will terminate without value.

Benefits paid under the ING Joint LifePay Plus rider require the calculation of the Maximum Annual Withdrawal.
The ING Joint LifePay Plus Base (referred to as the “MGWB Base” in the contract) is used to determine the
Maximum Annual Withdrawal and is calculated as follows:


1	)	If you purchased the ING Joint LifePay Plus rider on the contract date, the initial ING Joint LifePay Plus
		Base is equal to the initial premium (excluding any premium credit available with your Contract).

2	)	If you purchased the ING Joint LifePay Plus rider after the contract date, the initial ING Joint LifePay Plus
		Base is equal to the contract value on the effective date of the ING Joint LifePay Plus rider (excluding any
		premium credits applied during the preceding 36 months).

During the Growth Phase, the ING Joint LifePay Plus Base is increased dollar-for-dollar by any premiums received,
excluding any applicable premium credits (“eligible premiums”). In addition, on each contract anniversary, the ING
Joint LifePay Plus Base is recalculated as the greater of:


·	The current ING Joint LifePay Plus Base; or
·	The current Contract value (excluding any premium credits applied during the 36 months preceding the
	calculation). This is referred to as the annual “ratchet.”

If this rider was purchased before February 2, 2009, the ING Joint LifePay Plus Base is recalculated on each
quarterly contract anniversary (once each quarter of a contract year from the contract date). This is referred to as a
quarterly “ratchet.”

Also, on each of the first five contract anniversaries ONLY after the youngest active spouse reaches age 65, the ING
Joint LifePay Plus Base is recalculated as the greatest of:


·	The current ING Joint LifePay Plus Base; or
·	The current Contract value (excluding any premium credits applied during the 36 months preceding the
	calculation); and
·	During the Growth Phase, the ING Joint LifePay Plus Base on the previous contract anniversary, increased
	by 6%, plus any eligible premiums and minus any third-party investment advisory fees paid from your
	contract during the year. This is referred to as an annual “step-up.” (Any premium credits applied are
	excluded from the eligible premiums with a step-up.) If this rider was purchased before February 2, 2009,
	the annual step-up is 7%.

Please note that there are no partial step-ups. Step-ups are not pro-rated. So for existing Contracts to which this
rider is added (a post Contract issuance election), the first opportunity for a step-up will not be until the first contract
anniversary after a full contract year has elapsed since the rider date, SO LONG AS the youngest active spouse is at
least age 65.

Say for example that with a Contract purchased on January 1, 2007, the contract owner decides to add Joint LifePay
Plus on March 15, 2007. The rider effective date is April 1, 2007, which is the date of the Contract’s next following
quarterly contract anniversary. Because on January 1, 2008 a full contract year will not have elapsed since the rider
effective date, the ING Joint LifePay Plus Base will not be eligible for a step-up. Rather, the first opportunity for a
step-up with this Contract is on January 1, 2009, assuming the youngest active spouse is age 65.

This rider has no cash value. You cannot surrender the Contract for the ING Joint LifePay Plus Base. The ING
Joint LifePay Plus Base is not available to annuitize.

Currently, any additional premiums paid during the Withdrawal Phase are eligible premiums for purposes of
determining the ING Joint LifePay Plus Base and the Maximum Annual Withdrawal. If this rider was purchased

ING Empire Traditions – 85618

before February 2, 2009, any additional premiums paid during the Withdrawal Phase are not eligible premiums, but
do increase the contract value used to determine the reset Maximum Annual Withdrawal under the benefit reset
feature of the ING Joint LifePay Plus rider (see “ING Joint LifePay Plus Reset,” below). We reserve the right to
discontinue allowing premium payments during the Withdrawal Phase.

Guaranteed Withdrawal Status. This status begins on the date of the first withdrawal, ONLY IF the quarterly
contract anniversary has not passed on which or after the youngest active spouse is age 65. While the ING Joint
LifePay Plus rider is in Guaranteed Withdrawal Status, withdrawals in a contract year up to the Maximum Annual
Withdrawal will reduce the ING Joint LifePay Plus Base dollar-for-dollar. Withdrawals while the ING Joint
LifePay Plus rider is in Guaranteed Withdrawal Status are not guaranteed for the lifetime of the annuitant. This
status will then continue until the earliest of:


1	)	quarterly contract anniversary following the youngest active spouse’s 65^thbirthday, provided the
		contract owner does not decline the change to Lifetime Guaranteed Withdrawal Status;
2	)	reduction of the ING Joint LifePay Plus Base to zero, at which time the rider will terminate;
3	)	the date annuity payments begin (see “The Income Phase”);
4	)	reduction of the Contract value to zero by a withdrawal in excess of the Maximum Annual
		Withdrawal;
5	)	reduction of the Contract value to zero by a withdrawal less than or equal to the Maximum Annual
		Withdrawal (see “Automatic Periodic Benefit Status,” below);
6	)	the surrender of the Contract;
7	)	the death of the owner (first owner, in the case of joint owners; annuitant, in the case of a non-natural
		owner), unless your spouse beneficiary elects to continue the Contract; or
8	)	automatic reset into the Lifetime Guaranteed Withdrawal Status.

You will receive prior notice, of not less than 30 days, if you are in the Guaranteed Withdrawal Status and become
eligible for the Lifetime Guaranteed Withdrawal Status. This notice will explain the change, its impact to you and
your options. You may decline this change.

Please note with the automatic reset into the Lifetime Guaranteed Withdrawal Status, it is possible that the
Maximum Annual Withdrawal, as recalculated, will be less due to your withdrawals (and reduction of the ING Joint
LifePay Plus Base as a result) while the rider was in Guaranteed Withdrawal Status. See Appendix F, Illustration 6,
for an example. Also please note, however, that by declining automatic reset into the Lifetime Guaranteed
Withdrawal Status, your ING Joint LifePay Plus will not thereafter be automatically reset – to the then current
contract value (excluding any premium credits applied during the 36 months preceding the calculation) if the
contract value is higher – as it could be while the rider is in Lifetime Guaranteed Withdrawal Status. No further
resets will be available. For more information, please see “ING Joint LifePay Plus Reset” below.

If you decline the automatic reset, your rider will continue in the Guaranteed Withdrawal Status. There will not be
another opportunity to automatically reset into the Lifetime Guaranteed Withdrawal Status. Thereafter, in the event
contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal, including due to poor market performance, your rider’s status will change to Automatic Periodic
Benefit Status. In Automatic Periodic Benefit Status, other than the payments as provided under the ING Joint
LifePay Plus rider, the Contract will provide no further benefits (including death benefits). In the event contract
value is reduced to zero by a withdrawal in excess of the Maximum Annual Withdrawal, the Contract and rider will
terminate without value. For more information about the effect of a withdrawal reducing the contract value to zero,
please see “Automatic Periodic Benefit Status,” below.

Please see below for more information about each of this rider’s four different statuses.

ING Empire Traditions – 85618

Lifetime Guaranteed Withdrawal Status. This status begins on the date of the first withdrawal, SO LONG
AS the quarterly contract anniversary has passed on which or after the youngest active spouse is age 65. Or for
Contracts in Guaranteed Withdrawal Status, the Lifetime Guaranteed Withdrawal Status begins upon automatic
reset. This status continues until the earliest of:


1	)	the date annuity payments begin (see “The Income Phase”);
2	)	reduction of the contract value to zero by a withdrawal in excess of the Maximum Annual Withdrawal;
3	)	reduction of the contract value to zero by a withdrawal less than or equal to the Maximum Annual
		Withdrawal (see “Lifetime Automatic Periodic Benefit Status,” below);
4	)	the surrender of the contract; or
5	)	the death of the owner (first owner, in the case of joint owners; annuitant, in the case of a non-natural
		owner), unless your active spouse beneficiary elects to continue the contract.

The rider’s status changes to Lifetime Automatic Periodic Benefit Status in the event contract value is reduced to
zero for a reason other than a withdrawal in excess of the Maximum Annual Withdrawal, including due to poor
market performance. In Lifetime Automatic Periodic Benefit Status, other than the payments as provided under the
ING Joint LifePay Plus rider, the Contract will provide no further benefits (including death benefits). Otherwise, if
contract value is reduced to zero by a withdrawal in excess of the Maximum Annual Withdrawal, the Contract and
rider will terminate without value. For more information about the effect of a withdrawal reducing the Contract
value to zero, please see “Lifetime Automatic Periodic Benefit Status” below. As described below, certain features
of the ING Joint LifePay Plus rider may differ depending on whether you are in the Lifetime Guaranteed
Withdrawal Status.

Determination of the Maximum Annual Withdrawal. The Maximum Annual Withdrawal is determined
on the date the Withdrawal Phase begins. It equals a percentage of the greater of 1) the contract value and 2)
the ING Joint LifePay Plus Base as of the last day of the Growth Phase. The first withdrawal after the effective
date of the ING Joint LifePay Plus rider (which causes the end of the Growth Phase) is treated as occurring on
the first day of the Withdrawal Phase, immediately after calculation of the Maximum Annual Withdrawal. The
Maximum Annual Withdrawal percentage, which varies by age of the youngest active spouse on the date the
Withdrawal Phase begins, is as follows:


Youngest Active		Maximum Annual
Spouse’s Age		Withdrawal Percentage
0-64	*	4	%*
65-75		5	%
76-80		6	%
81	+	7	%

*If the Withdrawal Phase begins before the quarterly contract anniversary on or after the younger
spouse reaches age 65, withdrawals in a contract year up to 4% will reduce the ING Joint LifePay Plus
Base dollar-for-dollar, under what we refer to as the “Standard Withdrawal Benefit.” Then, on the
quarterly contract anniversary on or after the younger spouse reaches age 65, the ING Joint LifePay
Plus Base will automatically be reset to the current Contract value (excluding any premium credits
applied during the preceding 36 months), if greater, and the Maximum Annual Withdrawal will be
recalculated.

ING Empire Traditions – 85618

If this rider was purchased before February 2, 2009, the Maximum Annual Withdrawal Percentages are:


Youngest Active		Maximum Annual
Spouse’s Age		Withdrawal Percentage
0-75	*	5	%*
76-80		6	%
81	+	7	%

*If the Withdrawal Phase begins before the quarterly contract anniversary on or after the younger spouse
reaches age 65, withdrawals in a contract year up to the Maximum Annual Withdrawal will reduce the ING
Joint LifePay Plus Base dollar-for-dollar, under what we refer to as the “Standard Withdrawal Benefit.” Then,
on the quarterly contract anniversary on or after the younger spouse reaches age 65, the ING Joint LifePay Plus
Base will automatically be reset to the current Contract value (excluding any premium credits applied during the
preceding 36 months), if greater, and the Maximum Annual Withdrawal will be recalculated.

Once determined the Maximum Annual Withdrawal percentage never changes for the contract. This is
important to keep in mind in deciding when to take your first withdrawal because the younger you are at that
time, the lower the Maximum Annual Withdrawal percentage.

If the Contract’s annuity commencement date is reached while you are in the ING Joint LifePay Plus rider’s
Lifetime Guaranteed Withdrawal Status, then you may elect a life only annuity option, in lieu of the Contract’s
other annuity options, under which we will pay the greater of the annuity payout under the Contract and equal
annual payments of the Maximum Annual Withdrawal, provided that, if both spouses are active, payments
under the life only annuity option will be calculated using the joint life expectancy table for both spouses. If
only one spouse is active, payments will be calculated using the single life expectancy table for the active
spouse.

Whether the Maximum Annual Withdrawal is subject to change depends on the extent of your withdrawals.
The amount of your withdrawal or withdrawals in a contract year that, when added together, do not exceed the
Maximum Withdrawal Amount do not reduce the Maximum Withdrawal Amount. However, if the total
amount of your withdrawals in any contract year exceeds the Maximum Annual Withdrawal, then the
Maximum Annual Withdrawal will be reduced in the same proportion as the contract value is reduced by the
excess withdrawal.

For this purpose, an excess withdrawal is the lesser of the amount by which your total withdrawals in a contract
year exceed the Maximum Annual Withdrawal and the amount of your present request for a withdrawal. The
amount of any applicable premium credit deduction (recapture) or surrender charges are not included in
determining whether the total amount of your withdrawals in a contract year exceeds the Maximum Annual
Withdrawal and triggers a pro-rata reduction. However, in the event that the Maximum Annual Withdrawal is
to be subject to a pro-rata reduction because of an excess withdrawal, the amount by which the Maximum
Annual Withdrawal will be reduced will include any premium credit deduction and surrender charges. See
Appendix FI, Illustrations 1 and 2 for examples of this concept.

Required Minimum Distributions. Withdrawals taken from the contract to satisfy the Required
Minimum Distribution rules of the Tax Code are considered withdrawals for purposes of the ING Joint LifePay
Plus rider, and will begin the Withdrawal Phase if the Withdrawal Phase has not already started. Any such
withdrawal that exceeds the Maximum Annual Withdrawal for a specific contract year will not be deemed
excess withdrawals in that contract year for purposes of the ING Joint LifePay Plus rider, subject to the
following:


1	)	If the contract owner’s Required Minimum Distribution for a calendar year (determined on a date on or
		before January 31 of that year), applicable to the contract, is greater than the Maximum Annual
		Withdrawal on that date, an Additional Withdrawal Amount will be set equal to that portion of the
		Required Minimum Distribution that exceeds the Maximum Annual Withdrawal.

ING Empire Traditions – 85618


2	)	Once you have taken the Maximum Annual Withdrawal for the then current contract year, the dollar
		amount of any additional withdrawals will count first against and reduce any unused Additional
		Withdrawal Amount for the previous calendar year followed by any Additional Withdrawal Amount
		for the current contract year – without being deemed an excess withdrawal.

3	)	In the event of any withdrawals that exceed the Maximum Annual Withdrawal and all available
		Additional Withdrawal Amounts, the dollar amount of these withdrawals will be deemed excess
		withdrawals that cause the Maximum Annual Withdrawal to be reduced on a pro-rata basis, as
		described above.

4	)	The Additional Withdrawal Amount is available on a calendar year basis and is recalculated every
		January, reset to equal that portion of the Required Minimum Distribution for that calendar year that
		exceeds the Maximum Annual Withdrawal on that date. Any unused amount of the Additional
		Withdrawal Amount carries over into the next calendar year and is available through the end of that
		year, at which time any remaining amount will expire.

5	)	The Additional Withdrawal Amount does not change in the event you choose to reset the Maximum
		Annual Withdrawal Amount. See “ING Joint LifePay Plus Reset Option” below. The Additional
		Withdrawal Amount is only subject to change when the Additional Withdrawal Amount is reset as
		described above.

See Appendix F, Illustrations 3 and 4.

Investment Advisory Fees. Withdrawals taken pursuant to a program established by the owner for the
payment of investment advisory fees to a named third party investment adviser for advice on management of
the contract’s values will not cause the Withdrawal Phase to begin. During the Growth Phase, such withdrawals
reduce the ING Joint LifePay Plus Base on a dollar-for-dollar basis, and during the Withdrawal Phase, these
withdrawals are treated as any other withdrawal.

Automatic Periodic Benefit Status. If the Contract value is reduced to zero by a withdrawal in excess of
the Maximum Annual Withdrawal, the Contract and the rider will terminate without value due to the pro-rata
reduction described in “Determination of the Maximum Annual Withdrawal” above.

If the Contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal while the rider is in Guaranteed Withdrawal Status, the rider will enter Automatic Periodic Benefit
Status and you are no longer entitled to make withdrawals. Instead, under the ING Joint LifePay Plus rider, you
will begin to receive periodic payments in an annual amount equal to the Maximum Annual Withdrawal, until
the remaining ING Joint LifePay Plus Base is exhausted.

When the rider enters Automatic Periodic Benefit Status:


1	)	the Contract will provide no further benefits (including death benefits) other than as provided under
		the ING Joint LifePay Plus rider;
2	)	no further premium payments will be accepted; and
3	)	any other riders attached to the Contract will terminate, unless otherwise specified in that rider.

During Automatic Periodic Benefit Status, we will pay you periodic payments in an annual amount that is equal
to the Maximum Annual Withdrawal. These payments will continue until the ING Joint LifePay Plus Base is
reduced to zero, at which time the rider will terminate without value.

If when the ING Joint LifePay Plus rider enters Automatic Periodic Benefit Status your net withdrawals to date
are less than the Maximum Annual Withdrawal for that contract year, then we will pay you the difference

ING Empire Traditions – 85618

immediately. The periodic payments will begin on the last day of the first full Contract year following the date
the rider enters Automatic Periodic Benefit Status and will continue to be paid annually thereafter.

You may elect to receive systematic payments pursuant to the terms of the Contract. Under a systematic
withdrawal, either a fixed amount or an amount based upon a percentage of contract value will be withdrawn
from your Contract and paid to you on a scheduled basis, either monthly, quarterly or annually. If, at the time
the rider enters Automatic Periodic Benefit Status, you are receiving systematic withdrawals under the Contract
more frequently than annually, the periodic payments will be made at the same frequency in equal amounts such
that the sum of the payments in each Contract year will equal the annual Maximum Annual Withdrawal. Such
payments will be made on the same payment dates as previously set up, if the payments were being made
monthly or quarterly. If the payments were being made semi-annually or annually, the payments will be made
at the end of the half-Contract year or Contract year, as applicable.

Lifetime Automatic Periodic Benefit Status. If the contract value is reduced to zero by a withdrawal in
excess of the Maximum Annual Withdrawal, the contract and the ING Joint LifePay Plus rider will terminate
without value due to the pro-rata reduction described in “Determination of the Maximum Annual Withdrawal,”
above.

If the contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal while the ING Joint LifePay Plus rider is in Lifetime Guaranteed Withdrawal Status, the ING Joint
LifePay Plus rider will enter Lifetime Automatic Periodic Benefit Status and you are no longer entitled to make
withdrawals. Instead, under the ING Joint LifePay Plus rider you will begin to receive periodic payments in an
annual amount equal to the Maximum Annual Withdrawal.

When the ING Joint LifePay Plus rider enters Lifetime Automatic Periodic Benefit Status:


1	)	the contract will provide no further benefits (including death benefits) other than as provided under the
		ING Joint LifePay Plus rider;
2	)	no further premium payments will be accepted; and
3	)	any other riders attached to the contract will terminate, unless otherwise specified in that rider.

During Lifetime Automatic Periodic Benefit Status, we will pay you periodic payments in an annual amount
that is equal to the Maximum Annual Withdrawal. The time period for which we will make these payments will
depend upon whether one or two spouses are active under the ING Joint LifePay Plus rider at the time this
status begins. If both spouses are active under the ING Joint LifePay Plus rider, these payments will cease upon
the death of the second spouse, at which time both the ING Joint LifePay Plus rider and the contract will
terminate without further value. If only one spouse is active under the ING Joint LifePay Plus rider, the
payments will cease upon the death of the active spouse, at which time both the ING Joint LifePay Plus rider
and the contract will terminate without value.

If when the ING Joint LifePay Plus rider enters Lifetime Automatic Periodic Benefit Status your net
withdrawals to date are less than the Maximum Annual Withdrawal for that contract year, then we will pay you
the difference immediately. The periodic payments will begin on the last day of the first full contract year
following the date the rider enters Lifetime Automatic Periodic Benefit Status and will continue to be paid
annually thereafter.

You may elect to receive systematic payments pursuant to the terms of the contract. Under a systematic
withdrawal, either a fixed amount or an amount based upon a percentage of the contract value will be
withdrawn from your contract and paid to you on a scheduled basis, either monthly, quarterly or annually. If, at
the time the ING Joint LifePay Plus rider enters Lifetime Automatic Periodic Benefit Status, you are receiving
systematic withdrawals under the contract more frequently than annually, the periodic payments will be made at
the same frequency in equal amounts such that the sum of the payments in each contract year will equal the
annual Maximum Annual Withdrawal. Such payments will be made on the same payment dates as previously

ING Empire Traditions – 85618

set up, if the payments were being made monthly or quarterly. If the payments were being made semi-annually
or annually, the payments will be made at the end of the half-contract year or contract year, as applicable.

ING Joint LifePay Plus Reset. Once the Lifetime Guaranteed Withdrawal Status begins and the
Maximum Annual Withdrawal has been determined, on each contract anniversary we will increase (or “reset”)
the ING Joint LifePay Plus Base to the current Contract value (excluding any premium credits applied during
the 36 months preceding the calculation), if the Contract value is higher. The Maximum Annual Withdrawal
will also be recalculated, and the remaining portion of the new Maximum Annual Withdrawal will be available
for withdrawal immediately. This reset ONLY occurs when the rider is in Lifetime Guaranteed Withdrawal
Status, and is automatic.

If this rider was purchased before February 2, 2009, the ING Joint LifePay Plus Base and Maximum Annual
Withdrawal is reset on each quarterly contract anniversary.

We reserve the right to change the charge for this rider with a reset. In this event, you will receive prior notice,
of not less than 30 days, which explains the change, its impact to you and your options. You may decline this
change (and the reset). Please note, however, that by declining a reset, your ING Joint LifePay Plus Base will
not thereafter be reset, and the Maximum Annual Withdrawal will also not be recalculated; no further resets
will be available.

Investment Option Restrictions. While this rider is in effect, there are limits on the portfolios to which your
contract value may be allocated. Contract value allocated to portfolios other than Accepted Funds will be
rebalanced so as to maintain at least a specified percentage of such contract value in the Fixed Allocation Funds,
which percentage depends on the rider’s purchase date:


Rider Purchase Date	Fixed Allocation Fund Percentage
On or After February 2, 2009	30	%
Before February 2, 2009	20	%

See “Fixed Allocation Funds Automatic Rebalancing,” below. We have these investment option restrictions to
lessen the likelihood we would have to make payments under this rider. We require this allocation regardless of
your investment instructions to the Contract. The rider will not be issued until your Contract value is allocated in
accordance with these investment option restrictions. The timing of when and how we apply these restrictions is
discussed further below.


Accepted Funds. Currently, the Accepted Funds are:

BlackRock Global Allocation V.I. Fund	ING Retirement Conservative Portfolio
ING American Funds Asset Allocation Portfolio	ING Retirement Growth Portfolio
ING American Funds World Allocation Portfolio	ING Retirement Moderate Growth Portfolio
ING Invesco Van Kampen Equity and Income	ING Retirement Moderate Portfolio
Portfolio
ING Liquid Assets Portfolio	ING T. Rowe Price Capital Appreciation Portfolio
ING MFS Total Return Portfolio	Fixed Interest Allocation
ING Oppenheimer Active Allocation Portfolio

If this rider was purchased before February 2, 2009, the following are additional Accepted Funds:

ING Franklin Templeton Founding Strategy Portfolio
ING WisdomTree^SMGlobal High-Yielding Equity Index Portfolio

No rebalancing is necessary when Contract value is allocated entirely to Accepted Funds. We may change
these designations at any time upon 30 days notice to you. If a change is made, the change will apply to
Contract value allocated to such portfolios after the date of the change.

ING Empire Traditions – 85618

Fixed Allocation Funds. Currently, the Fixed Allocation Funds are:


ING American Funds Bond Portfolio	ING PIMCO Total Return Bond Portfolio
ING BlackRock Inflation Protected Bond Portfolio	ING U.S. Bond Index Portfolio
ING Intermediate Bond Portfolio

You may allocate contract value to one or more of the Fixed Allocation Funds. We consider the ING
Intermediate Bond Portfolio to be the default Fixed Allocation Fund with Fixed Allocation Funds
Automatic Rebalancing.

Other Funds. All portfolios available under the contract other than Accepted Funds or the Fixed
Allocation Funds are considered Other Funds.

Fixed Allocation Funds Automatic Rebalancing. If the contract value in the Fixed Allocation Funds is
less than the specified percentage of the total contract value allocated to both the Fixed Allocation Funds and
Other Funds on any ING Joint LifePay Plus Rebalancing Date, we will automatically rebalance the contract
value allocated to the Fixed Allocation Funds and Other Funds so that the specified percentage of this amount is
allocated to the Fixed Allocation Funds. The specified percentage depends on the rider’s purchase date.
Accepted Funds are excluded from Fixed Allocation Funds Automatic Rebalancing. Any rebalancing is done
on a pro-rata basis from the Other Funds to the Fixed Allocation Funds and will be the last transaction
processed on that date. The ING Joint LifePay Plus Rebalancing Dates occur on each contract anniversary and
after the following transactions:


1	)	receipt of additional premiums;
2	)	transfer or reallocation among the Fixed Allocation Funds or Other Funds, whether automatic or
		specifically directed by you; and
3	)	withdrawals from the Fixed Allocation Funds or Other Funds.

Fixed Allocation Funds Automatic Rebalancing is separate from any other automatic rebalancing under the
contract. However, if the other automatic rebalancing under the contract causes the allocations to be out of
compliance with the investment option restrictions noted above, Fixed Allocation Funds Automatic
Rebalancing will occur immediately after the automatic rebalancing to restore the required allocations. See
“Appendix G – Examples of Fixed Allocation Funds Automatic Rebalancing.” You will be notified that Fixed
Allocation Funds Automatic Rebalancing has occurred, along with your new allocations, by a confirmation
statement that will be mailed to you after Fixed Allocation Funds Automatic Rebalancing has occurred.

In certain circumstances, Fixed Allocation Funds Automatic Rebalancing may result in a reallocation into the
Fixed Allocation Funds even if you have not previously been invested in them. See “Appendix G – Examples
of Fixed Allocation Funds Automatic Rebalancing, Example I.” By electing to purchase the ING Joint
LifePay Plus rider, you are providing the Company with direction and authorization to process these
transactions, including reallocations into the Fixed Allocation Funds. You should not purchase the ING
Joint LifePay Plus rider if you do not wish to have your contract value reallocated in this manner.

Divorce. Generally, in the event of a divorce, the spouse who retains ownership of the contract will continue to
be entitled to all rights and benefits of the ING Joint LifePay Plus rider, while the ex-spouse will no longer have any
such rights or be entitled to any such benefits. In the event of a divorce during Lifetime Guaranteed Withdrawal
Status, the ING Joint LifePay Plus rider continues, and terminates upon the death of the owner (first owner in the
case of joint owners, or the annuitant in the case of a custodial IRA). Although spousal continuation may be
available under the Tax Code for a subsequent spouse, the ING Joint LifePay Plus rider cannot be continued by the
new spouse. As the result of the divorce, we may be required to withdraw assets for the benefit of an ex-spouse.
Any such withdrawal will be considered a withdrawal for purposes of the Maximum Annual Withdrawal amount. In
other words, if a withdrawal incident to a divorce exceeds the Maximum Annual Withdrawal amount, it will be
considered an excess withdrawal. See “Determination of the Maximum Annual Withdrawal,” above. As noted, in

ING Empire Traditions – 85618

the event of a divorce there is no change to the Maximum Annual Withdrawal and we will continue to deduct
charges for the ING Joint LifePay Plus rider.

In the event of a divorce during Lifetime Automatic Periodic Benefit Status, there will be no change to the periodic
payments made. Payments will continue until both spouses are deceased.

Death of Owner. The death of the owner (or in the case of joint owners, the first owner, or for custodial IRAs,
the annuitant) may cause the termination of the ING Joint LifePay Plus rider and its charges, depending upon
whether one or both spouses are in active status at the time of death, as described below.


1	)	If both spouses are in active status: If the surviving spouse elects to continue the contract and
		becomes the sole owner and annuitant, the ING Joint LifePay Plus rider will remain in effect pursuant
		to its original terms and ING Joint LifePay Plus coverage and charges will continue. As of the date the
		contract is continued, the ING Joint LifePay Plus Base will be reset to the current Contract value, if
		greater, and the Maximum Annual Withdrawal will be recalculated as the Maximum Annual
		Withdrawal percentage multiplied by the new ING Joint LifePay Plus Base on the date the contract is
		continued. However, under no circumstances will this recalculation result in a reduction to the
		Maximum Annual Withdrawal.

		If the surviving spouse elects not to continue the contract, ING Joint LifePay Plus rider coverage and
		charges will cease upon the earlier of payment of the death benefit or notice that an alternative
		distribution option has been chosen.

2	)	If the surviving spouse is in inactive status: The ING Joint LifePay Plus rider terminates and ING
		Joint LifePay Plus coverage and charges cease upon the date of death of the last Active Spouse.

Change of Owner or Annuitant. Other than as a result of spousal continuation, you may not change the
annuitant. The ING Joint LifePay Plus rider and rider charges will terminate upon change of owner, including
adding an additional owner, except for the following ownership changes:


1	)	spousal continuation by an active spouse, as described above;
2	)	change of owner from one custodian to another custodian for the benefit of the same individual;
3	)	change of owner from a custodian for the benefit of an individual to the same individual (in order to
		avoid the owner’s spouse from being designated inactive, the owner’s spouse must be named sole
		beneficiary under the contract);
4	)	change of owner from an individual to a custodian for the benefit of the same individual;
5	)	collateral assignments;
6	)	for nonqualified contracts only, the addition of a joint owner, provided that the additional joint owner
		is the original owner’s spouse and is active when added as joint owner;
7	)	for nonqualified contracts, removal of a joint owner, provided the removed joint owner is active and
		becomes the primary contract beneficiary; and
8	)	change of owner where the owner becomes the sole primary beneficiary and the sole primary
		beneficiary becomes the owner if both were active spouses at the time of the change.

Surrender Charges. If you elect the ING Joint LifePay Plus rider, the amount of your withdrawals will be
subject to surrender charges if they exceed the free withdrawal amount, so long as there is contract value from which
to take your withdrawals. However, once your contract value is zero, any periodic payments under the ING Joint
LifePay Plus rider would not be subject to surrender charges. Moreover, with no contract value, none of your

ING Empire Traditions – 85618

contract level recurring charges (e.g., the Mortality and Expense Risk Charge) would be deducted. See Appendix F
for examples.

Loans. No loans are permitted on Contracts with the ING Joint LifePay Plus rider.

Federal Tax Considerations. For more information about the tax treatment of amounts paid to you under the
ING Joint LifePay Plus rider, see “Federal Tax Considerations – Tax Consequences of Living Benefits and Death
Benefit

WITHDRAWALS

Any time during the accumulation phase and before the death of the contract owner, except under certain qualified

contracts, you may withdraw all or part of your money. Keep in mind that if you request a withdrawal for more than

90% of the cash surrender value, and the remaining cash surrender value after the withdrawal is less than $2,500, we

will treat it as a request to surrender the Contract. If any single withdrawal or the sum of withdrawals exceeds the

Free Withdrawal Amount, you may incur a surrender charge. There is no surrender charge if, during each contract

year, the amount withdrawn is 10% or less of your contract value on the date of the withdrawal, less prior

withdrawals during that contract year. Under Option Package III, any unused percentage of the 10% Free

Withdrawal Amount from a contract year will carry forward into successive contract years, based on the percentage

remaining at the time of the last withdrawal in that contract year. In no event will the Free Withdrawal Amount at

any time exceed 30% of contract value. Please see Appendix D, Surrender Charge for Excess Withdrawals

Example.

You need to submit to us a written request specifying the Fixed Interest Allocations or subaccounts from which

amounts are to be withdrawn, otherwise the withdrawal will be made on a pro-rata basis from all of the subaccounts

in which you are invested. If there is not enough contract value in the subaccounts, we will deduct the balance of

the withdrawal from your Fixed Interest Allocations starting with the guaranteed interest periods nearest their

maturity dates until we have honored your request. We will determine the contract value as of the close of business

on the day we receive your withdrawal request at our Customer Service Center. The contract value may be more or

less than the premium payments made.

Your withdrawals under the ING LifePay Plus or ING Joint LifePay Plus riders will be subject to surrender charges

if they exceed the free withdrawal amount. However, once your contract value is zero, the periodic payments to

which you may be entitled under these optional riders will not be subject to surrender charges.

If any limitation on allocations to the Restricted Funds has been exceeded, subsequent withdrawals must be taken so

that the percentage of contract value in the Restricted Funds following the withdrawal would not be greater than the

percentage of contract value in the Restricted Funds prior to the withdrawal. So, in this event, you would either

need to take your withdrawal from the Restricted Funds or pro-rata from all variable subaccounts.

Please be aware that the benefit we pay under certain optional benefit riders may be reduced by any withdrawals you

take while the optional rider is in effect. Withdrawals may be subject to taxation and tax penalties. Other than the

surrender charge, there is no separate charge for electing any of the withdrawal options.

We offer the following three withdrawal options:

Regular Withdrawals

After the free look period, you may make regular withdrawals. Each withdrawal must be a minimum of $100.

Systematic Withdrawals

You may choose to receive automatic systematic withdrawal payments (1) from the contract value in the

subaccounts in which you are invested, or (2) from the interest earned in your Fixed Interest Allocations. Systematic

withdrawals may be taken monthly, quarterly or annually. If you have contract value allocated to one or more

Restricted Funds, and you elect to receive systematic withdrawals from the subaccounts in which you are invested,

ING Empire Traditions – 85618

the systematic withdrawals must be taken pro-rata from all subaccounts in which contract value is invested. If you
do not have contract value allocated to a Restricted Fund and choose systematic withdrawals on a non pro-rata basis,
we will monitor the withdrawals annually. If you subsequently allocate contract value to one or more Restricted
Funds, we will require you to take your systematic withdrawals on a pro-rata basis from all subaccounts in which
contract value is invested. There is no additional charge for this feature.

You decide the date on which you would like your systematic withdrawals to start. This date must be at least 30
days after the Contract Date and no later than the 28^thday of the month. Subject to these rules, if you have not
indicated the date, your systematic withdrawals will occur on the next business day after your Contract Date (or the
monthly or quarterly anniversary thereof) for your desired frequency.

Each systematic withdrawal amount must be a minimum of $100. The amount of your systematic withdrawal can
either be (1) a fixed dollar amount, or (2) an amount based on a percentage of the contract value. Both forms of
systematic withdrawals are subject to the following maximum, which is calculated on each withdrawal date:


	Maximum Percentage
Frequency	of Contract Value
Monthly	0.83	%
Quarterly	2.50	%
Annually	10.00	%

A fixed dollar systematic withdrawal of less than $100 on any withdrawal date will terminate your systematic
withdrawal. If the amount to be withdrawn would exceed the applicable maximum percentage of your contract
value on any withdrawal date, we will automatically reduce the amount withdrawn so that it equals such percentage.
Thus, your fixed dollar systematic withdrawals will never exceed the maximum percentage. If you want fixed dollar
systematic withdrawals to exceed the maximum percentage and are willing to incur associated surrender charges,
consider the Fixed Dollar Systematic Withdrawal Feature which you may add to your regular systematic withdrawal
program.

If your systematic withdrawal is based on a percentage of contract value and the amount to be withdrawn based on
that percentage would be less than $100, we will contact you and seek alternative instructions. Unless you provide
alternative instructions, if the systematic withdrawal would exceed the maximum percentage, we will send the
amount, and then automatically cancel your systematic withdrawal option.

Systematic withdrawals from Fixed Interest Allocations are limited to interest earnings during the prior month,
quarter, or year, depending on the frequency you chose. A Fixed Interest Allocation may not participate in both the
systematic withdrawal option and the dollar cost averaging program at the same time.

You may change the amount or percentage of your systematic withdrawal once each contract year or cancel this
option at any time by sending satisfactory notice to our Customer Service Center at least 7 days before the next
scheduled withdrawal date. If you submit a subsequent premium payment after you have applied for systematic
withdrawals, we will not adjust future withdrawals under the systematic withdrawal program unless you specifically
request that we do so.

The systematic withdrawal option may commence in a contract year where a regular withdrawal has been taken but
you may not change the amount or percentage of your withdrawals in any contract year during which you have
previously taken a regular withdrawal. You may not elect the systematic withdrawal option if you are taking IRA
withdrawals.

Subject to availability, a spousal or non-spousal beneficiary may elect to receive death benefits as payments over the
beneficiary’s lifetime (“stretch”). “Stretch” payments will be subject to the same limitations as systematic
withdrawals, and non-qualified “stretch” payments will be reported on the same basis as other systematic
withdrawals.

Fixed Dollar Systematic Withdrawal Feature. You may add the Fixed Dollar Systematic Withdrawal Feature to
your regular fixed dollar systematic withdrawal program. This feature allows you to receive a systematic

ING Empire Traditions – 85618

withdrawal in a fixed dollar amount in addition to your systematic withdrawal program regardless of any surrender
charges. Systematic withdrawals from Fixed Interest Allocations under the Fixed Dollar Systematic Withdrawal
Feature are available only in connection with Section 72(q) or 72(t) distributions. You choose the amount of the
fixed systematic withdrawals, which may total up to an annual maximum of 10% of your contract value as
determined on the day we receive your election of this feature. The maximum limit will not be recalculated when
you make additional premium payments, unless you instruct us to do so. We will assess a surrender charge on the
withdrawal date if the withdrawal exceeds the maximum limit as calculated on the withdrawal date. We will apply
the surrender charge directly to your contract value (rather than to the systematic withdrawal) so that the amount of
each systematic withdrawal remains fixed.

Fixed dollar systematic withdrawals which are intended to satisfy the requirements of Section 72(q) or 72(t) of the
Tax Code may exceed the maximum. Such withdrawals are subject to surrender charges when they exceed the
applicable maximum percentage.

IRA Withdrawals
If you have a non-Roth IRA Contract and will be at least age 70½ during the current calendar year, you may elect to
have distributions made to you to satisfy requirements imposed by federal tax law. IRA withdrawals provide payout
of amounts required to be distributed by the Internal Revenue Service (“IRS”) rules governing mandatory
distributions under qualified plans. We will send you a notice before your distributions commence. You may elect
to take IRA withdrawals at that time, or at a later date. You may not elect IRA withdrawals and participate in
systematic withdrawals at the same time. If you do not elect to take IRA withdrawals, and distributions are required
by federal tax law, distributions adequate to satisfy the requirements imposed by federal tax law may be made.
Thus, if you are participating in systematic withdrawals, distributions under that option must be adequate to satisfy
the mandatory distribution rules imposed by federal tax law.

You choose the frequency of your IRA withdrawals (monthly, quarterly or annually) and the start date. This date
must be at least 30 days after he Contract Date and no later than the 28^thday of the month. Subject to these rules, if
you have not indicated the date, your IRA withdrawals will occur on the next business day after your Contract Date
for your desired frequency.

You may request that we calculate for you the amount that is required to be withdrawn from your Contract each year
based on the information you give us and various choices you make. For information regarding the calculation and
choices you have to make, see the SAI. Or, we will accept your written instructions regarding the calculated amount
required to be withdrawn from your Contract each year. The minimum dollar amount you can withdraw is $100.
When we determine the required IRA withdrawal amount for a taxable year based on the frequency you select, if
that amount is less than $100, we will pay $100. At any time where the IRA withdrawal amount is greater than the
contract value, we will cancel the Contract and send you the amount of the cash surrender value.

You may change the payment frequency of your IRA withdrawals once each contract year or cancel this option at
any time by sending satisfactory notice to our Customer Service Center at least 7 days before the next scheduled
withdrawal date.

Consult your tax adviser regarding the tax consequences associated with taking withdrawals. You are
responsible for determining that withdrawals comply with applicable law. A withdrawal made before the taxpayer
reaches age 59½ may result in a 10% penalty tax. See “Federal Tax Considerations” for more details.

TRANSFERS AMONG YOUR INVESTMENTS (EXCESSIVE TRADING POLICY)

You may transfer your contract value among the subaccounts in which you are invested and your Fixed Interest

Allocations at the end of the free look period until the income phase payment start date. Please note that if you elect

one of the living benefit riders, you may not allocate contract value to the Fixed Interest Allocations. Transfers to a

GET Fund series may only be made during the offering period for that GET Fund series. We currently do not

charge you for transfers made during a contract year, but reserve the right to charge $25 for each transfer after the

twelfth transfer in a contract year. We also reserve the right to limit the number of transfers you may make and

ING Empire Traditions – 85618

may otherwise modify or terminate transfer privileges if required by our business judgment or in accordance
with applicable law.

If you allocate contract value to an investment option that has been designated as a Restricted Fund, your ability to
transfer contract value to the Restricted Fund may be limited. A transfer to the Restricted Funds will not be
permitted to the extent that it would increase the contract value in the Restricted Fund to more than the applicable
limits following the transfer. We do not limit transfers from Restricted Funds. If the result of multiple reallocations
is to lower the percentage of total contract value in the Restricted Fund, the reallocation will be permitted even if the
percentage of contract value in the Restricted Fund is greater than the limit.

Transfers will be based on values at the end of the business day in which the transfer request is received at our
Customer Service Center.

The minimum amount that you may transfer is $100 or, if less, your entire contract value held in a subaccount or a
Fixed Interest Allocation.

To make a transfer, you must notify our Customer Service Center and all other administrative requirements must be
met. Any transfer request received after 4:00 p.m. Eastern Time or the close of regular trading on the New York
Stock Exchange will be effected on the next business day. Separate Account NY-B and the Company will not be
liable for following instructions communicated by telephone or other approved electronic means that we reasonably
believe to be genuine. We may require personal identifying information to process a request for transfer made over
the telephone, over the internet or other approved electronic means. Please be advised that the risk of a fraudulent
transaction is increased with telephonic or electronic instructions, even if appropriate identifying information is
provided.

Limits on Frequent or Disruptive Transfers.

The contract is not designed to serve as a vehicle for frequent transfers. Frequent transfer activity can disrupt
management of a fund and raise its expenses through:


·	Increased trading and transaction costs;
·	Forced and unplanned portfolio turnover;
·	Lost opportunity costs; and
·	Large asset swings that decrease the fund's ability to provide maximum investment return to all contract
	owners.

This in turn can have an adverse effect on fund performance. Accordingly, individuals or organizations that use
market-timing investment strategies or make frequent transfers should not purchase the Contract.

Excessive Trading Policy. We and the other members of the ING family of companies that provide multi-fund
variable insurance and retirement products, have adopted a common Excessive Trading Policy to respond to the
demands of the various fund families that make their funds available through our products to restrict excessive fund
trading activity and to ensure compliance with Rule 22c-2 of the 1940 Act.

We actively monitor fund transfer and reallocation activity within our variable insurance products to identify
violations of our Excessive Trading Policy. Our Excessive Trading Policy is violated if fund transfer and
reallocation activity:


·	Meets or exceeds our current definition of Excessive Trading, as defined below; or
·	Is determined, in our sole discretion, to be disruptive or not in the best interests of other owners of our
	variable insurance and retirement products.

ING Empire Traditions – 85618

We currently define Excessive Trading as:


·	More than one purchase and sale of the same fund (including money market funds) within a 60 calendar
	day period (hereinafter, a purchase and sale of the same fund is referred to as a “round-trip”). This means
	two or more round-trips involving the same fund within a 60 calendar day period would meet our definition
	of Excessive Trading; or
·	Six round-trips involving the same fund within a twelve month period.

The following transactions are excluded when determining whether trading activity is excessive:


·	Purchases or sales of shares related to non-fund transfers (for example, new purchase payments,
	withdrawals and loans);
·	Transfers associated with scheduled dollar cost averaging, scheduled rebalancing or scheduled asset
	allocation programs;
·	Purchases and sales of fund shares in the amount of $5,000 or less;
·	Purchases and sales of funds that affirmatively permit short-term trading in their fund shares, and
	movement between such funds and a money market fund; and
·	Transactions initiated by us, another member of the ING family of insurance companies or a fund.

If we determine that an individual or entity has made a purchase of a fund within 60 days of a prior round-trip
involving the same fund, we will send them a letter (once per year) warning that another sale of that same fund
within 60 days of the beginning of the prior round-trip will be deemed to be Excessive Trading and result in a six
month suspension of their ability to initiate fund transfers or reallocations through the Internet, facsimile, Voice
Response Unit (VRU), telephone calls to the ING Customer Service Center, or other electronic trading medium that
we may make available from time to time (“Electronic Trading Privileges”). Likewise, if we determine that an
individual or entity has made five round-trips involving the same fund within a rolling twelve month period, we will
send them a letter warning that another purchase and sale of that same fund within twelve months of the initial
purchase in the first round-trip in the prior twelve month period will be deemed to be Excessive Trading and result
in a suspension of their Electronic Trading Privileges. According to the needs of the various business units, a copy
of the warning letters may also be sent, as applicable, to the person(s) or entity authorized to initiate fund transfers
or reallocations, the agent/registered representative or investment adviser for that individual or entity. A copy of the
warning letters and details of the individual’s or entity’s trading activity may also be sent to the fund whose shares
were involved in the trading activity.

If we determine that an individual or entity has violated our Excessive Trading Policy, we will send them a letter
stating that their Electronic Trading Privileges have been suspended for a period of six months. Consequently, all
fund transfers or reallocations, not just those which involve the fund whose shares were involved in the activity that
violated our Excessive Trading Policy, will then have to be initiated by providing written instructions to us via
regular U.S. mail. Suspension of Electronic Trading Privileges may also extend to products other than the product
through which the Excessive Trading activity occurred. During the six month suspension period, electronic “inquiry
only” privileges will be permitted where and when possible. A copy of the letter restricting future transfer and
reallocation activity to regular U.S. mail and details of the individual’s or entity’s trading activity may also be sent,
as applicable, to the person(s) or entity authorized to initiate fund transfers or reallocations, the agent/registered
representative or investment adviser for that individual or entity and the fund whose shares were involved in the
activity that violated our Excessive Trading Policy.

Following the six month suspension period during which no additional violations of our Excessive Trading Policy
are identified, Electronic Trading Privileges may again be restored. We will continue to monitor the fund transfer
and reallocation activity, and any future violations of our Excessive Trading Policy will result in an indefinite
suspension of Electronic Trading Privileges. A violation of our Excessive Trading Policy during the six month
suspension period will also result in an indefinite suspension of Electronic Trading Privileges.

We reserve the right to suspend Electronic Trading Privileges with respect to any individual or entity, with or
without prior notice, if we determine, in our sole discretion, that the individual’s or entity’s trading activity is

ING Empire Traditions – 85618

disruptive or not in the best interests of other owners of our variable insurance products, regardless of whether the
individual’s or entity’s trading activity falls within the definition of Excessive Trading set forth above.

Our failure to send or an individual’s or entity’s failure to receive any warning letter or other notice contemplated
under our Excessive Trading Policy will not prevent us from suspending that individual’s or entity’s Electronic
Trading Privileges or taking any other action provided for in our Excessive Trading Policy.

We do not allow exceptions to our Excessive Trading Policy. We reserve the right to modify our Excessive Trading
Policy, or the policy as it relates to a particular fund, at any time without prior notice, depending on, among other
factors, the needs of the underlying fund(s), the best interests of contract owners and fund investors and/or state or
federal regulatory requirements. If we modify our policy, it will be applied uniformly to all contract owners or, as
applicable, to all contract owners investing in the underlying fund.

Our Excessive Trading Policy may not be completely successful in preventing market timing or excessive trading
activity. If it is not completely successful, fund performance and management may be adversely affected, as noted
above.

Limits Imposed by the Funds. Each underlying fund available through the variable insurance and retirement
products offered by us and/or the other members of the ING family of insurance companies, either by prospectus or
stated contract, has adopted or may adopt its own excessive/frequent trading policy, and orders for the purchase of
fund shares are subject to acceptance or rejection by the underlying fund. We reserve the right, without prior notice,
to implement fund purchase restrictions and/or limitations on an individual or entity that the fund has identified as
violating its excessive/frequent trading policy and to reject any allocation or transfer request to a subaccount if the
corresponding fund will not accept the allocation or transfer for any reason. All such restrictions and/or limitations
(which may include, but are not limited to, suspension of Electronic Trading Privileges and/or blocking of future
purchases of a fund or all funds within a fund family) will be done in accordance with the directions we receive from
the fund.

Agreements to Share Information with Fund Companies. As required by Rule 22c-2 under the 1940 Act, we
have entered into information sharing agreements with each of the fund companies whose funds are offered through
the contract. Contract owner trading information is shared under these agreements as necessary for the fund
companies to monitor fund trading and our implementation of our Excessive Trading Policy. Under these
agreements, the company is required to share information regarding contract owner transactions, including but not
limited to information regarding fund transfers initiated by you. In addition to information about contract owner
transactions, this information may include personal contract owner information, including names and social security
numbers or other tax identification numbers.

As a result of this information sharing, a fund company may direct us to restrict a contract owner’s transactions if
the fund determines that the contract owner has violated the fund’s excessive/frequent trading policy. This could
include the fund directing us to reject any allocations of premium or contract value to the fund or all funds within the
fund family.

Dollar Cost Averaging
You may elect to participate in our dollar cost averaging (DCA) program through either the ING Liquid Assets
Portfolio or a Fixed Interest Allocation, subject to availability, starting 30 days after the Contract Date. These
investment options serve as the source accounts from which we will, on a monthly basis, automatically transfer a set
dollar amount of money to the subaccounts you specify. There is no additional charge for dollar cost averaging.
Dollar cost averaging is not available with automatic rebalancing and may be subject to limited availability with
systematic withdrawals.

We also may offer DCA Fixed Interest Allocations for durations of 6 months and 1 year, subject to availability,
exclusively for use with the dollar cost averaging program. Transfers made pursuant to a dollar cost averaging
program do not count toward the 12-transfer limit on free transfers. There is no additional charge for the dollar cost
averaging program.

ING Empire Traditions – 85618

The dollar cost averaging program is designed to lessen the impact of market fluctuation on your investment. Since
we transfer the same dollar amount to other subaccounts each month, more units of a subaccount are purchased if
the value of its unit is low and fewer units are purchased if the value of its unit is high. Therefore, a lower than
average value per unit may be achieved over the long term. However, we cannot guarantee this. When you elect the
dollar cost averaging program, you are continuously investing in securities regardless of fluctuating price levels.
You should consider your tolerance for investing through periods of fluctuating price levels.

Dollar cost averaging requires a minimum monthly transfer amount of $100. We will transfer all your money
allocated to that source account into the subaccount(s) you specify in equal payments over the relevant duration.
The last payment will include earnings accrued over the duration. If you make an additional premium payment into
a Fixed Interest Allocation subject to dollar cost averaging, the amount of your transfers under the dollar cost
averaging program remains the same, unless you instruct us to increase the transfer amount.

If you do not specify the subaccounts to which the dollar amount of the source account is to be transferred, we will
transfer the money to the subaccounts in which you are invested on a proportional basis, subject to any fund
purchase restrictions. The transfer date is the same day each month as your contract date. If, on any transfer date,
your contract value in a source account is equal to or less than the amount you have elected to have transferred, the
entire amount will be transferred and the program will end. You may terminate the dollar cost averaging program at
any time by sending satisfactory notice to our Customer Service Center at least 7 days before the next transfer date.
A Fixed Interest Allocation or DCA Fixed Interest Allocation may not participate in the dollar cost averaging
program and in systematic withdrawals at the same time.

You are permitted to transfer contract value to a Restricted Fund, subject to the limitations described above in this
section and in “Trust and Funds – Restricted Funds.” Compliance with the individual and aggregate Restricted Fund
limits will be reviewed when the dollar cost averaging program is established. Transfers under the dollar cost
averaging program must be within those limits. We will not review again your dollar cost averaging election for
compliance with the individual and aggregate limits for investment in the Restricted Funds except in the case of the
transactions described below.


·	Amount added to source account: If you add amounts to the source account which would increase the
	amount to be transferred under the dollar cost averaging program, we will review the amounts to be
	transferred to ensure that the individual and aggregate limits are not being exceeded. If such limits would
	be exceeded, we will require that the dollar cost averaging transfer amounts be changed to ensure that the
	transfers are within the limits based on the then current allocation of contract value to the Restricted
	Fund(s) and the then current value of the amount designated to be transferred to that Restricted Fund(s).

·	Additional premium paid: Up to the individual Restricted Fund percentage limit may be allocated to a
	Restricted Fund. If more than the individual limit has been requested to be allocated to a Restricted Fund,
	we will look at the aggregate limit, subtract the current allocation to Restricted Funds, and subtract the
	current value of amounts to be transferred under the dollar cost averaging program to Restricted Funds.
	The excess, if any, is the maximum that may be allocated pro-rata to Restricted Funds.

·	Reallocation request is made while the dollar cost averaging program is active: If the reallocation would
	increase the amount allocated to Restricted Funds, the maximum that may be so allocated is the individual
	Restricted Fund percentage limit, less the current allocation to Restricted Funds and less the current value
	of any remaining amounts to be transferred under the dollar cost averaging program to the Restricted
	Funds.

The GET Fund may not be included in a dollar cost averaging program. We may in the future offer additional
subaccounts or withdraw any subaccount or Fixed Interest Allocation to or from the dollar cost averaging program,
stop offering DCA Fixed Interest Allocations or otherwise modify, suspend or terminate this program. Of course,
such change will not affect any dollar cost averaging programs in operation at the time. Transfers made pursuant to
a dollar cost averaging program do not count toward the 12-transfer limit on free transfers.

ING Empire Traditions – 85618

Automatic Rebalancing
If you have at least $10,000 of contract value invested in the subaccounts of Separate Account NY-B, you may elect
to have your investments in the subaccounts automatically rebalanced. You are permitted to reallocate between
Restricted and non-Restricted Funds, subject to the limitations described above in this section and in “Trust and
Funds – Restricted Funds.” If the reallocation would increase the amount allocated to the Restricted Funds, the
maximum that may be so allocated is the individual Restricted Fund percentage limit, less the current allocation to
all Restricted Funds. Automatic rebalancing is subject to any fund purchase restrictions; however, transfers made
pursuant to automatic rebalancing do not count toward the 12-transfer limit on free transfers. Amounts allocated to
the GET Fund will not be affected by automatic rebalancing. There is no additional charge for this feature.

We will transfer funds under your Contract on a quarterly, semi-annual, or annual calendar basis among the
subaccounts to maintain the investment blend of your selected subaccounts. The minimum size of any allocation
must be in full percentage points. Rebalancing does not affect any amounts that you have allocated to the Fixed
Interest Division. The program may be used in conjunction with the systematic withdrawal option only if
withdrawals are taken pro-rata. Automatic rebalancing is not available if you participate in dollar cost averaging.
Automatic rebalancing will not take place during the free look period.

To participate in automatic rebalancing, send satisfactory notice to our Customer Service Center. We will begin the
program on the last business day of the period in which we receive the notice. You may cancel the program at any
time. The program will automatically terminate if you choose to reallocate your contract value among the
subaccounts or if you make an additional premium payment or partial withdrawal on other than a pro-rata basis.
Additional premium payments and partial withdrawals effected on a pro-rata basis will not cause the automatic
rebalancing program to terminate.

DEATH BENEFIT CHOICES

Death Benefit During the Accumulation Phase

During the accumulation phase, a death benefit is payable when either the contract owner or the first of joint owners

(under Option Package I only) or the annuitant (when a contract owner is not an individual) dies. Assuming you are

the contract owner, your beneficiary will receive a death benefit unless the beneficiary is your surviving spouse and

elects to continue the Contract. The death benefit paid depends on the option package you have chosen. The death

benefit value is calculated as of the claim date (the close of the business day on which we receive written notice and

due proof of death, as well as any required paperwork, at our Customer Service Center). If your beneficiary elects to

delay receipt of the death benefit until a date after the time of death, the amount of the benefit payable in the future

may be affected. The proceeds may be received in a single sum, applied to any of the income phase payment

options or, if available, paid over the beneficiary’s life expectancy. (See “Systematic Withdrawals” above.) A

beneficiary’s right to elect an income phase payment option or receive a lump sum payment may have been

restricted by a contract owner. If so, such rights or options will not be available to the beneficiary.

If we do not receive a request to apply the death benefit proceeds to an income phase payment option, we will make

a single sum distribution. Unless you elect otherwise, the distribution will generally be made into an interest bearing

account, backed by our general account. This account is not FDIC insured and can be accessed by the

beneficiary through a draftbook feature. The beneficiary may access death benefit proceeds at any time

without penalty. Interest credited under this account may be less than under other

settlement options, and the Company seeks to make a profit on these accounts. We will generally distribute

death benefit proceeds within 7 days after our Customer Service Center has received sufficient information to make

the payment. For information on required distributions under federal income tax laws, you should see “Federal Tax

Considerations – Required Distributions upon Death.” At the time of death benefit election, the beneficiary may

elect to receive the death benefit proceeds directly by check rather than through the draftbook feature of the interest

bearing account by notifying our Customer Service Center.

You may select one of the option packages described below which will determine the death benefit payable. Option

Packages II and III are not available where the Contract is held by joint owners. A change in ownership of the

Contract may affect the amount of the death benefit payable.

ING Empire Traditions – 85618

The death benefit may be subject to certain mandatory distribution rules required by federal tax law.

The death benefit depends upon the option package in effect on the date the contract owner dies.

The differences are summarized as follows:


	Option Package I			Option Package II			Option Package III
Death Benefit	The greatest of:			The greatest of:			The greatest of:
on Death of the	(1	)	the Standard Death	(1	)	the Standard Death	(1	)	the Standard Death
Owner:			Benefit*;			Benefit*;			Benefit*;
	(2	)	the contract value*; or	(2	)	the contract value*;	(2	)	the contract value*;
	(3	)	return of premium.	(3	)	return of premium; or	(3	)	return of premium; or
				(4	)	the Annual Ratchet	(4	)	the Annual Ratchet
						death benefit*.			death benefit*.

* less any premium credits added after or within 12 months prior to death.

Return of premium equals premiums paid, excluding any premium credits, reduced pro-rata for withdrawals.

The Standard Death Benefit equals total premium payments plus premium credits reduced pro-rata for
withdrawals.

The Annual Ratchet Enhanced Death Benefit equals the maximum contract value on each contract anniversary
occurring on or prior to attainment of age 90, adjusted for new premiums and premium credits and reduced pro-rata
for withdrawals. On the contract date, the Annual Ratchet Enhanced Death Benefit equals the initial premium plus
any premium credit.

The pro-rata withdrawal adjustment to the guaranteed death benefit amount under Option Package I, II or III is equal
to (1) divided by (2), with the result multiplied by (3) where:


(1	)	is the Contract Value withdrawn;
(2	)	is the Contract Value immediately prior to the withdrawal; and
(3	)	is the amount of the applicable death benefit immediately prior to the withdrawal.

The reduction in the guaranteed death benefit may be greater than the amount withdrawn. Any premium credit
added after or within 12 months prior to the date of death is forfeited, and is not included in the Contract Value for
purposes of calculating the Standard Death Benefit or the Annual Ratchet Enhanced Death Benefit.

Transfers Between Option Packages. You may transfer from one option package to another on each contract
anniversary. A written request for such transfer must be received at our Customer Service Center within 60 days
prior to the contract anniversary. No transfers between option packages are permitted: 1) after you attain age 80; or
2) if the Contract is owned by joint owners. A change of owner may cause an option package transfer on other than a
contract anniversary. If you transfer from Option I to Option II or III, the Annual Ratchet Death Benefit will equal
the contract value on the effective date of the transfer.


		Transfers to Option				Transfers to Option
				Package I		Packages II or III
Minimum	Non	-			Non	-
Contract		Qualified:		Qualified:		Qualified:		Qualified:
Value	$	15,000	$	1,500	$	5,000	$	1,500

Death Benefit During the Income Phase
If any contract owner or the annuitant dies during the income phase, we will pay the beneficiary any certain benefit
remaining under the income phase payment option in effect at the time.

ING Empire Traditions – 85618

Continuation after Death — Spouse
If at the contract owner’s death, the surviving spouse of the deceased contract owner is the beneficiary and such
surviving spouse elects to continue the contract as his or her own the following will apply:

If the guaranteed death benefit as of the date we receive due proof of death, minus the contract value also on that
date, is greater than zero, we will add such difference to the contract value. We will allocate such addition to the
variable subaccounts in proportion to the contract value in the subaccounts, unless you direct otherwise. If there is
no contract value in any subaccount, the addition will be allocated to the ING Liquid Assets Portfolio, or its
successor. Such addition to contract value will not affect the guaranteed death benefit. If the guaranteed death
benefit is less than or equal to the contract value, the contract value will not change.

The death benefits under each of the available options will continue based on the surviving spouse’s age on the date
that ownership changes. If death occurs during the first contract year, the premium credit will not be forfeited upon
spousal continuation, and the premium credit option charge will continue for the remainder of the seven-year period.
The premium credit will be subject to recapture upon surrender of the Contract or partial withdrawal, in accordance
with the premium credit forfeiture schedule. Subsequent premium payments made by the continuing spouse during
the first contract year will be subject to the premium credit option charge and the premium credit forfeiture schedule.
See “The Annuity Contract – Additional Credit to Premium.”

If death occurs after the first contract year, the premium credit will not be forfeited upon spousal continuation, and
the premium credit option charge will continue for the remainder of the seven year period. The premium credit will
not be subject to forfeiture upon surrender of the Contract or partial withdrawals.

At subsequent surrender, any surrender charge applicable to premiums paid prior to the date we receive due proof of
death of the contract owner will be waived. Any premiums paid later will be subject to any applicable surrender
charge.

Any addition to contract value, as described above, is available only to the spouse of the owner as of the date of
death of the owner if such spouse under the provisions of the contract elects to continue the contract as his or her
own.

Continuation after Death — Non Spouse
If the beneficiary or surviving joint owner is not the spouse of the owner, the contract may continue in force subject
to the required distribution rules of the Internal Revenue Code (the “Tax Code”) apply. See next section, “Required
Distributions upon Contract Owner’s Death.”

If the guaranteed death benefit as of the date we receive due proof of death, minus the contract value also on that
date, is greater than zero, we will add such difference to the contract value. We will allocate such addition to the
variable subaccounts in proportion to the contract value in the subaccounts, unless you direct otherwise. If there is
no contract value in any subaccount, the addition will be allocated to the ING Liquid Assets Portfolio, or its
successor. Such addition to contract value will not affect the guaranteed death benefit. If the guaranteed death
benefit is less than or equal to the contract value, the contract value will not change.

If death occurs within 12 months of a premium credit being applied, the premium credit will be forfeited and not
included in the calculation of either the contract value, the Standard Death Benefit or the Annual Ratchet Enhanced
Death Benefit.

The death benefit terminates upon continuation. At subsequent surrender, any surrender charge applicable to
premium payments paid prior to the date we receive due proof of death of the contract owner will be waived. No
additional premium payments may be made.

Required Distributions Upon Contract Owner’s Death
We will not allow any payment of benefits provided under a non-qualified Contract which do not satisfy the
requirements of Section 72(s) of the Tax Code.

ING Empire Traditions – 85618

If any owner of a non-qualified contract dies before the income phase payment start date, the death benefit payable
to the beneficiary calculated as described under “Death Benefit Choices” in this prospectus, will be distributed as
follows: (a) the death benefit must be completely distributed within 5 years of the contract owner’s date of death; or
(b) the beneficiary may elect, within the 1-year period after the contract owner’s date of death, to receive the death
benefit in the form of an annuity from us, provided that (i) such annuity is distributed in substantially equal
installments over the life of such beneficiary or over a period not extending beyond the life expectancy of such
beneficiary; and (ii) such distributions begin not later than 1 year after the contract owner’s date of death.

Notwithstanding (a) and (b) above, if the sole contract owner’s sole beneficiary is the deceased owner’s surviving
spouse, then such spouse may elect to continue the Contract under the same terms as before the contract owner’s
death. Upon receipt of such election from the spouse at our Customer Service Center: (1) all rights of the spouse as
contract owner’s beneficiary under the Contract in effect prior to such election will cease; (2) the spouse will
become the owner of the Contract and will also be treated as the contingent annuitant, if none has been named and
only if the deceased owner was the annuitant; and (3) all rights and privileges granted by the Contract or allowed by
ReliaStar of NY will belong to the spouse as contract owner of the Contract. This election will be deemed to have
been made by the spouse if such spouse makes a premium payment to the Contract or fails to make a timely election
as described in this paragraph. If the owner’s beneficiary is a nonspouse, the distribution provisions described in
subparagraphs (a) and (b) above, will apply even if the annuitant and/or contingent annuitant are alive at the time of
the contract owner’s death.

Subject to availability, and our then current rules, a spousal or non-spousal beneficiary may elect to receive death
benefits as payments over the life expectancy of the beneficiary (“stretch”). “Stretch” payments will be subject to
the same limitations as systematic withdrawals, and non-qualified “stretch” payments will be reported on the same
basis as other systematic withdrawals.

If we do not receive an election from a non-spouse owner’s beneficiary within the 1-year period after the contract
owner’s date of death, then we will pay the death benefit to the owner’s beneficiary in a cash payment within five
years from the date of death. We will determine the death benefit as of the date we receive proof of death. We will
make payment of the proceeds on or before the end of the 5-year period starting on the owner’s date of death. Such
cash payment will be in full settlement of all our liability under the Contract.

The death benefits under any of the Options will terminate. At subsequent surrender, any surrender charge
applicable to premiums paid prior to the date we receive due proof of death of the contract owner will be waived.
Premiums are not permitted after such date.

If a contract owner dies after the income phase payment start date, we will continue to distribute any benefit payable
at least as rapidly as under the annuity option then in effect. All of the contract owner’s rights granted under the
Contract or allowed by us will pass to the contract owner’s beneficiary.

If a Contract has joint owners we will consider the date of death of the first joint owner as the death of the contract
owner and the surviving joint owner will become the beneficiary of the Contract. If any contract owner is not an
individual, the death of an annuitant shall be treated as the death of the owner.

Effect of ING LifePay Plus and ING Joint LifePay Plus Riders on Death Benefit
Please see “ING LifePay Plus Minimum Guaranteed Withdrawal Benefit (“ING LifePay Plus”) Rider – Death of
Owner or Annuitant” for information about the effect of the ING LifePay Plus rider on the death benefit under your
Contract and a description of the impact of the owner’s or annuitant’s death on the ING LifePay Plus rider. Please
see “ING Joint LifePay Plus Minimum Guaranteed Withdrawal Benefit (“ING Joint LifePay Plus”) Rider – Death of
Owner or Annuitant” for information about the effect of the ING Joint LifePay Plus rider on the death benefit under
your Contract and a description of the impact of the owner’s or annuitant’s death on the ING Joint LifePay Plus
rider.

ING Empire Traditions – 85618

THE INCOME PHASE

During the income phase, you stop contributing dollars to your contract and start receiving payments from your

accumulated contract value.

Initiating Payments. At least 30 days prior to the date you want to start receiving payments, you must notify us in

writing of all of the following:


·	Payment start date;
·	Income phase payment option (see the income phase payment options table in this section);
·	Payment frequency (i.e., monthly, quarterly, semi-annually or annually);
·	Choice of fixed, and, if available at the time an income phase payment option is selected, variable or a
	combination of both fixed and variable payments; and
·	Selection of an assumed net investment rate (only if variable payments are elected).

Your Contract will continue in the accumulation phase until you properly start income phase payments. Once an
income phase payment option is selected, it may not be changed. Our current annuity options provide only for fixed
payments.

What Affects Payment Amounts? Some of the factors that may affect the amount of your income phase payments
include: your age; gender; contract value; the income phase payment option selected; the number of guaranteed
payments (if any) selected; whether you select fixed, variable or a combination of both fixed and variable payments;
and, for variable payments, the assumed net investment rate selected. Variable payments are not currently available.

Fixed Payments. Amounts funding fixed income phase payments will be held in the Company’s general account.
The amount of fixed payments does not vary with investment performance over time.

Variable Payments. Amounts funding your variable income phase payments will be held in the subaccount(s) you
select. Not all subaccounts available during the accumulation phase may be available during the income phase.
Payment amounts will vary depending upon the performance of the subaccounts you select. For variable income
phase payments, you must select an assumed net investment rate. Variable payments are not currently available.

Assumed Net Investment Rate. If you select variable income phase payments, you must also select an assumed
net investment rate of either 5% or 3½%. If you select a 5% rate, your first income phase payment will be higher,
but subsequent payments will increase only if the investment performance of the subaccounts you selected is greater
than 5% annually, after deduction of fees. Payment amounts will decline if the investment performance is less than
5%, after deduction of fees.

If you select a 3½% rate, your first income phase payment will be lower and subsequent payments will increase
more rapidly or decline more slowly depending upon changes to the net investment rate of the subaccounts you
selected. For more information about selecting an assumed net investment rate, call us for a copy of the SAI.

Minimum Payment Amounts. The income phase payment option you select must result in:


·	A first income phase payment of at least $50; and
·	Total yearly income phase payments of at least $250.

If your contract value is too low to meet these minimum payment amounts, you will receive one lump-sum payment.
Unless prohibited by law, we reserve the right to increase the minimum payment amount based on increases
reflected in the Consumer Price Index-Urban (CPI-U) since July 1, 1993.

Betterment of Rates. If the payments under the Income Phase Payment Option that you elect would be lower than
the payments that would be provided using the same value (greater of cash surrender value or 95% of contract value)

ING Empire Traditions – 85618

under a single premium immediate annuity then offered by us, you will receive the larger payments under your
payment option.

Restrictions on Start Dates and the Duration of Payments. Income phase payments may not begin during the
first contract year, or, unless we consent, later than the later of:


·	The first day of the month following the annuitant’s 90^thbirthday; or
·	The tenth anniversary of the last premium payment made to your Contract.

Income phase payments will not begin until you have selected an income phase payment option. If there are
surrender charges remaining on the income phase payment start date, your income phase payment option must be
either a life annuity or have a period certain of at least 10 years. Failure to select an income phase payment option
by the later of the annuitant’s 85^thbirthday or the tenth anniversary of your last premium payment may have adverse
tax consequences. You should consult with a qualified tax adviser if you are considering delaying the selection of
an income phase payment option before the later of these dates.

For qualified contracts only, income phase payments may not extend beyond:


1	)	The life of the annuitant;
2	)	The joint lives of the annuitant and beneficiary;
3	)	A guaranteed period greater than the annuitant’s life expectancy; or
4	)	A guaranteed period greater than the joint life expectancies of the annuitant and beneficiary.

When income phase payments start, the age of the annuitant plus the number of years for which payments are
guaranteed may not exceed 100.

If income phase payments start when the annuitant is at an advanced age, such as over 85, it is possible that the
Contract will not be considered an annuity for federal tax purposes.

See “Federal Tax Considerations” for further discussion of rules relating to income phase payments.

Charges Deducted


·	If you elect a life income payment option, we make a daily deduction for mortality and expense risks equal
	to 1.25% of amounts invested in the subaccounts. If variable income phase payments are selected, we
	make a daily deduction for expense risks from amounts held in the subaccounts. Therefore, if you choose
	variable income phase payments and a nonlifetime income phase payment option, we still make a
	deduction from the subaccounts you select, even though we no longer assume mortality risks. The amount
	of this charge, on an annual basis, is equal to 1.25% of amounts invested in the subaccounts. See “Fees and
	Expenses.”

·	An administrative expense charge of 0.15% applies during the income phase. We deduct this charge daily
	from the subaccounts corresponding to the funds you select. The charge applies during the entire income
	phase. See “Fees and Expenses.”

·	If the premium credit option was elected, the premium credit option charge of 0.50% continues during the
	income phase for the remainder of the seven year period from the addition of the premium credit. We
	deduct this charge daily from your contract value in both the subaccounts and the Fixed Interest Division.
	See “Fees and Expenses.”

ING Empire Traditions – 85618

Death Benefit during the Income Phase. The death benefits that may be available to a beneficiary are outlined in
the income phase payment options table below. If a lump-sum payment is due as a death benefit, we will make
payment within seven calendar days after we receive proof of death acceptable to us and the request for the payment
in good order at our Customer Service Center. Unless you elect otherwise, the distribution will be made into an
interest bearing account, backed by our general account, that is accessed by the beneficiary through a checkbook
feature. The beneficiary may access death benefit proceeds at any time without penalty. If continuing income phase
payments are elected, the beneficiary may not elect to receive a lump sum at a future date unless the income phase
payment option specifically allows a withdrawal right. We will calculate the value of any death benefit at the next
valuation after we receive proof of death and a request for payment. Such value will be reduced by any payments
made after the date of death.

Beneficiary Rights. A beneficiary’s right to elect an income phase payment option or receive a lump-sum payment
may have been restricted by the contract owner. If so, such rights or options will not be available to the beneficiary.

Partial Entry into the Income Phase. You may elect an income phase payment option for a portion of your
contract value, while leaving the remaining portion invested in the accumulation phase. Whether the Tax Code
considers such payments taxable as income phase payments or as withdrawals is currently unclear; therefore, you
should consult with a qualified tax adviser before electing this option. The same or different income phase payment
option may be selected for the portion left invested in the accumulation phase.

Taxation. To avoid certain tax penalties, you or your beneficiary must meet the distribution rules imposed by the
Tax Code. Additionally, when selecting an income phase payment option, the Tax Code requires that your expected
payments will not exceed certain durations. See “Federal Tax Considerations.”

Payment Options
The following table lists the income phase payment options and accompanying death benefits available during the
income phase. We may offer additional income phase payment options under the Contract from time to time. Once
income phase payments begin, the income phase payment option selected may not be changed.

Terms to understand:
Annuitant(s): The person(s) on whose life expectancy(ies) the income phase payments are based.

Beneficiary(ies): The person(s) or entity(ies) entitled to receive a death benefit, if any, under the income phase
payment option selected.


Lifetime Income Phase Payment Option
Life Income	Length of Payments: For as long as the annuitant lives. It is possible that only one payment
	will be made if the annuitant dies prior to the second payment’s due date.
Death Benefit—None: All payments end upon the annuitant’s death.

Life Income—	Length of Payments: For as long as the annuitant lives, with payments guaranteed for your
Guaranteed	choice of 5 to 30 years or as otherwise specified in the contract.
Payments	Death Benefit—Payment to the Beneficiary: If the annuitant dies before we have made all
	the guaranteed payments, we will continue to pay the beneficiary the remaining payments.
Life Income—	Length of Payments: For as long as either annuitant lives. It is possible that only one
Two Lives	payment will be made if both annuitants die before the second payment’s due date.
Continuing Payments: When you select this option you choose for:
	a)	100%, 66 2/3% or 50% of the payment to continue to the surviving annuitant after the
		first death; or
	b)	100% of the payment to continue to the annuitant on the second annuitant’s death, and
		50% of the payment to continue to the second annuitant on the annuitant’s death.
	Death Benefit—None: All payments end upon the death of both annuitants.
Life Income—	Length of Payments: For as long as either annuitant lives, with payments guaranteed from 5
Two Lives—	to 30 years or as otherwise specified in the contract.
Guaranteed	Continuing Payments: 100% of the payment to continue to the surviving annuitant after the
Payments	first death.

ING Empire Traditions – 85618


Lifetime Income Phase Payment Option
	Death Benefit—Payment to the Beneficiary: If both annuitants die before we have made all
	the guaranteed payments, we will continue to pay the beneficiary the remaining payments.
Life Income— Cash	Length of Payments: For as long as the annuitant lives.
Refund Option	Death Benefit—Payment to the Beneficiary: Following the annuitant’s death, we will pay a
(limited	lump sum payment equal to the amount originally applied to the income phase payment option
availability—fixed	(less any applicable premium tax) and less the total amount of income payments paid.
payments only)
Life Income—Two	Length of Payments: For as long as either annuitant lives.
Lives—Cash	Continuing Payments: 100% of the payment to continue after the first death.
Refund Option	Death Benefit—Payment to the Beneficiary: When both annuitants die we will pay a lump-
(limited	sum payment equal to the amount applied to the income phase payment option (less any
availability—fixed	applicable premium tax) and less the total amount of income payments paid.
payments only)
Nonlifetime Income Phase Payment Option
Nonlifetime—	Length of Payments: You may select payments for 5 to 30 years (15 to 30 years if you
Guaranteed	elected the premium bonus option). In certain cases a lump-sum payment may be requested at
Payments	any time (see below).
	Death Benefit—Payment to the Beneficiary: If the annuitant dies before we make all the
	guaranteed payments, we will continue to pay the beneficiary the remaining payments.
Lump-Sum Payment: If the “Nonlifetime—Guaranteed Payments” option is elected with variable payments, you
may request at any time that all or a portion of the present value of the remaining payments be paid in one lump sum.
Any such lump-sum payments will be treated as a withdrawal during the accumulation phase and we will charge any
applicable surrender charge. Lump-sum payments will be sent within seven calendar days after we receive the request
for payment in good order at our Customer Service Center.

OTHER CONTRACT PROVISIONS

Reports to Contract Owners

We confirm purchase, transfer and withdrawal transactions usually within 5 business days of processing. We may

also send you a quarterly report within 31 days after the end of each calendar quarter. The report will show the

contract value, cash surrender value, and the death benefit as of the end of the calendar quarter. The report will also

show the allocation of your contract value and reflects the amounts deducted from or added to the contract value.

You have 30 days to notify our Customer Service Center of any errors or discrepancies. We will notify you when

any shareholder reports of the investment portfolios in which Separate Account NY-B invests are available. We will

also send any other reports, notices or documents we are required by law to furnish to you.

Suspension of Payments

The Company reserves the right to suspend or postpone the date of any payment or determination of values, beyond

the seven permitted days, on any business day (1) when the New York Stock Exchange is closed; (2) when trading

on the New York Stock Exchange is restricted; (3) when an emergency exists as determined by the SEC so that the

sale of securities held in Separate Account NY-B may not reasonably occur or so that the Company may not

reasonably determine the value of Separate Account NY-B’s net assets; or (4) during any other period when the SEC

so permits for the protection of security holders. We have the right to delay payment of amounts from a Fixed

Interest Allocation for up to 6 months.

In Case of Errors in Your Application

If an age or gender given in the application or enrollment form is misstated, the amounts payable or benefits

provided by the Contract shall be those that the premium payment would have bought at the correct age or sex.

ING Empire Traditions – 85618

Assigning the Contract as Collateral
You may assign a non-qualified Contract as collateral security for a loan but you should understand that your rights
and any beneficiary’s rights may be subject to the terms of the assignment. An assignment likely has federal tax
consequences. You must give us satisfactory written notice at our Customer Service Center in order to make or
release an assignment. We are not responsible for the validity of any assignment.

Contract Changes — Applicable Tax Law
We have the right to make changes in the Contract to continue to qualify the Contract as an annuity under applicable
federal tax law. You will be given advance notice of such changes.

Free Look
You may cancel your Contract within your 10-day free look period. We deem the free look period to expire 15 days
after we mail the Contract to you. Your state may require a longer free look period under certain circumstances. To
cancel, you need to send your Contract to our Customer Service Center or to the agent from whom you purchased it.
We will refund the contract value. For purposes of the refund during the free look period, we exclude any premium
credit and include a refund of any charges deducted from your contract value. Because of the market risks
associated with investing in the portfolios, the contract value returned may be greater or less than the premium
payment you paid. We may, at our discretion, require that premiums designated for investment in the subaccounts
as well as premiums designated for a Fixed Interest Allocation be allocated to the specially designated subaccount
(currently, the ING Liquid Assets Portfolio) during the free look period. Your free look rights depend on the laws of
the state in which you purchase the Contract. Your Contract is void as of the day we receive your Contract and
cancellation request. We determine your contract value at the close of business on the day we receive your written
request. If you keep your Contract after the free look period and the investment is allocated to a subaccount
specially designated by the Company, we will put your money in the subaccount(s) chosen by you, based on the
accumulation unit value next computed for each subaccount, and/or in the Fixed Interest Allocation chosen by you.

Special Arrangements
We may reduce or waive any Contract, rider, or benefit fees or charges for certain group or sponsored arrangements,
under special programs, and for certain employees, agents, and related persons of our parent corporation and its
affiliates. We reduce or waive these items based on expected economies, and the variations are based on differences
in costs or services.

Selling the Contract
Our affiliate, Directed Services LLC, 1475 Dunwoody Drive, West Chester, Pennsylvania 19380 is the principal
underwriter and distributor of the Contract, as well as of contracts issued by our affiliates, ING USA Annuity and
Life Insurance Company and ING Life Insurance and Annuity Company. Directed Services LLC, a Delaware
limited liability company, is registered with the SEC as a broker/dealer under the Securities Exchange Act of 1934,
as amended, and is a member of the Financial Industry Regulatory Authority, Inc., or FINRA.

Directed Services LLC does not retain any commissions or compensation that we pay to it for Contract sales.
Directed Services LLC enters into selling agreements with affiliated and unaffiliated broker/dealers to sell the
Contracts through their registered representatives who are licensed to sell securities and variable insurance products,
which representatives we refer to as selling firms. Selling firms are also registered with the SEC and are FINRA
member firms.

ING Empire Traditions – 85618

The following selling firms are affiliated with the Company and have entered into selling agreements with Directed Services LLC for the sale of our variable annuity contracts:


·	ING Financial Advisers, LLC
·	ING Financial Partners, Inc.

Directed Services LLC pays selling firms compensation for the promotion and sale of the Contracts. Registered
representatives of the selling firms who solicit sales of the Contracts typically receive a portion of the compensation
paid by Directed Services LLC to the selling firm in the form of commissions or other compensation, depending on
the agreement between the selling firm and the registered representative. This compensation, as well as other
incentives or payments, is not paid directly by contract owners or the Separate Account. We intend to recoup this
compensation and other sales expenses paid to selling firms through fees and charges imposed under the Contracts.

Directed Services LLC pays selling firms for Contract sales according to one or more schedules. This compensation
is generally based on a percentage of premium payments. Selling firms may receive commissions of up to 7.5% of
premium payments. In addition, selling firms may receive ongoing annual compensation of up to 1.25% of all, or a
portion, of values of Contracts sold through the firm. Individual representatives may receive all or a portion of
compensation paid to their selling firm, depending on their firm’s practices. Commissions and annual
compensation, when combined, could exceed 7.5% of total premium payments.

Directed Services LLC has special compensation arrangements with certain selling firms based on those firms’
aggregate or anticipated sales of the Contracts or other criteria. These special compensation arrangements will not
be offered to all selling firms, and the terms of such arrangements may differ among selling firms based on various
factors. Any such compensation payable to a selling firm will not result in any additional direct charge to you by us.

In addition to the direct cash compensation for sales of Contracts described above, Directed Services LLC may also
pay selling firms additional compensation or reimbursement of expenses for their efforts in selling the Contracts to
you and other customers. These amounts may include:


·	Marketing/distribution allowances which may be based on the percentages of premium received, the
	aggregate commissions paid and/or the aggregate assets held in relation to certain types of designated
	insurance products issued by the Company and/or its affiliates during the year;

·	Loans or advances of commissions in anticipation of future receipt of premiums (a form of lending to
	agents/registered representatives). These loans may have advantageous terms such as reduction or
	elimination of the interest charged on the loan and/or forgiveness of the principal amount of the loan,
	which terms may be conditioned on fixed insurance product sales;

·	Education and training allowances to facilitate our attendance at certain educational and training
	meetings to provide information and training about our products. We also hold training programs from
	time to time at our expense;

·	Sponsorship payments or reimbursements for broker/dealers to use in sales contests and/or meetings
	for their agents/registered representatives who sell our products. We do not hold contests based solely
	on the sales of this product;

·	Certain overrides and other benefits that may include cash compensation based on the amount of
	earned commissions, agent/representative recruiting or other activities that promote the sale of
	policies; and

ING Empire Traditions – 85618


·	Additional cash or noncash compensation and reimbursements permissible under existing law. This
	may include, but is not limited to, cash incentives, merchandise, trips, occasional entertainment, meals
	and tickets to sporting events, client appreciation events, business and educational enhancement items,
	payment for travel expenses (including meals and lodging) to pre-approved training and education
	seminars, and payment for advertising and sales campaigns.

We may pay commissions, dealer concessions, wholesaling fees, overrides, bonuses, other allowances and benefits
and the costs of all other incentives or training programs from our resources, which include the fees and charges
imposed under the Contract.

The following is a list of the top 25 selling firms that, during 2010, received the most compensation, in the
aggregate, from us in connection with the sale of registered annuity contracts issued by us, ranked by total dollars
received:


1	.	Morgan Stanley Smith Barney LLC	14	.	ING Financial Partners, Inc. CAREER
2	.	LPL Financial Corporation	15	.	Wells Fargo Investments LLC
3	.	Merrill Lynch, Pierce, Fenner & Smith, Inc.	16	.	Woodbury Financial Services Inc.
4	.	ING Financial Partners Inc.	17	.	Morgan Keegan and Company Inc.
5	.	Wells Fargo Advisors, LLC	18	.	Wells Fargo SEC, LLC
6	.	UBS Financial Services Inc.	19	.	First Allied Securities Inc.
7	.	ING Financial Advisers, LLC	20	.	Chase Investment SVCS Corp.
8	.	Raymond James Financial Services Inc.	21	.	Royal Alliance Associates Inc.
9	.	Multi-Financial Securities Corporation	22	.	SII Investments Inc.
10	.	Wells Fargo Advisors, LLC (Bank Channel)	23	.	Wells Fargo Advisors Financial Network, LLC
11	.	National Planning Corporation	24	.	Centaurus Financial Inc.
12	.	Securities America Inc.	25	.	PrimeVest Financial Services Inc.
13	.	Financial Network Investment Corporation

Directed Services LLC may also compensate wholesalers/distributors, and their sales management personnel, for
Contract sales within the wholesale/distribution channel. This compensation may be based on a percentage of
premium payments and/or a percentage of Contract values. Directed Services LLC may, at its discretion, pay
additional cash compensation to wholesalers/distributors for sales by certain broker-dealers or “focus firms.”

We do not pay any additional compensation on the sale or exercise of any of the Contract’s optional benefit riders
offered in this prospectus.

This is a general discussion of the types and levels of compensation paid by us for sale of our variable annuity
contracts. It is important for you to know that the payment of volume- or sales-based compensation to a selling firm
or registered representative may provide that registered representative a financial incentive to promote our contracts
over those of another company, and may also provide a financial incentive to promote one of our contracts over
another.

ING Empire Traditions – 85618

OTHER INFORMATION

Voting Rights

We will vote the shares of a Trust owned by Separate Account NY-B according to your instructions. However, if

the 1940 Act or any related regulations should change, or if interpretations of it or related regulations should change,

and we decide that we are permitted to vote the shares of a Trust in our own right, we may decide to do so.

We determine the number of shares that you have in a subaccount by dividing the Contract’s contract value in that

subaccount by the net asset value of one share of the portfolio in which a subaccount invests. We count fractional

votes. We will determine the number of shares you can instruct us to vote 180 days or less before a Trust

shareholder meeting. We will ask you for voting instructions by mail at least 10 days before the meeting. If we do

not receive your instructions in time, we will vote the shares in the same proportion as the instructions received from

all contracts in that subaccount. We will also vote shares we hold in Separate Account NY-B which are not

attributable to contract owners in the same proportion. The effect of proportional voting is that a small number of

contract owners may decide the outcome of a vote.

State Regulation

We are regulated by the Insurance Department of the State of New York. We are also subject to the insurance laws

and regulations of all jurisdictions where we do business. The variable Contract offered by this prospectus has been

approved where required by those jurisdictions. We are required to submit annual statements of our operations,

including financial statements, to the Insurance Departments of the various jurisdictions in which we do business to

determine solvency and compliance with state insurance laws and regulations.

Legal Proceedings

We are not aware of any pending legal proceedings that involve Separate Account NY-B as a party.

The Company is involved in threatened or pending lawsuits/arbitrations arising from the normal conduct of

business. Due to the climate in insurance and business litigation/arbitration, suits against the Company sometimes

include claims for substantial compensatory, consequential or punitive damages and other types of relief. Moreover,

certain claims are asserted as class actions, purporting to represent a group of similarly situated individuals. While it

is not possible to forecast the outcome of such lawsuits/arbitrations, in light of existing insurance, reinsurance and

established reserves, it is the opinion of management that the disposition of such lawsuits/arbitrations will not have a

materially adverse effect on the Company’s operations or financial position.

Directed Services LLC, the principal underwriter and distributor of the contract, is a party to threatened or pending

lawsuits/arbitration that generally arise from the normal conduct of business. Some of these suits may seek class

action status and sometimes include claims for substantial compensatory, consequential or punitive damages and

other types of relief. Directed Services LLC is not involved in any legal proceeding that, in the opinion of

management, is likely to have a material adverse effect on its ability to distribute the contract.

FEDERAL TAX CONSIDERATIONS

Introduction

This section discusses our understanding of current federal income tax laws affecting the contract. Federal income

tax treatment of the contract is complex and sometimes uncertain. You should keep the following in mind when

reading it:

ING Empire Traditions – 85618

Your tax position (or the tax position of the designated beneficiary, as applicable) determines federal taxation

of amounts held or paid out under the contract;

Tax laws change. It is possible that a change in the future could affect contracts issued in the past;

This section addresses some but not all applicable federal income tax rules and does not discuss federal estate

and gift tax implications, state and local taxes, or any other tax provisions; and

We do not make any guarantee about the tax treatment of the contract or transactions involving the contract.

We do not intend this information to be tax advice. For advice about the effect of federal income taxes or any other
taxes on amounts held or paid out under the contract, consult a tax adviser.

Types of Contracts: Non-Qualified or Qualified
The Contract may be purchased on a non-tax-qualified basis (non-qualified contracts) or purchased on a tax-
qualified basis (qualified contracts).

Non-qualified contracts are purchased with after tax contributions and are not related to retirement plans that receive
special income tax treatment under the Tax Code.

Qualified Contracts are designed for use by individuals whose premium payments are comprised solely of proceeds
from and/or contributions under retirement plans that are intended to qualify for special income tax treatment under
Sections 401, 408 or 408A, and some provisions of 403 and 457 of the Tax Code.

Effective January 1, 2009, except in the case of a rollover contribution as permitted under the Tax Code or as a
result of an intra-plan exchange or plan-to-plan transfer described under the Final Regulations, contributions to a
section 403(b) tax sheltered annuity contract may only be made by the Employer sponsoring the Plan under which
the assets in your contract are covered subject to the applicable Treasury Regulations and only if the Company, in its
sole discretion, agrees to be an approved provider.

Taxation of Non-Qualified Contracts

Premiums
You may not deduct the amount of your premiums to a non-qualified contract.

Taxation of Gains Prior to Distribution
Tax Code Section 72 governs taxation of annuities in general. We believe that if you are a natural person you
will generally not be taxed on increases in the value of a non-qualified Contract until a distribution occurs or until
annuity payments begin. This assumes that the Contract will qualify as an annuity contract for federal income tax
purposes. For these purposes, the agreement to assign or pledge any portion of the contract value generally will be
treated as a distribution. In order to be eligible to receive deferral of taxation, the following requirements must be
satisfied:

Diversification. Tax Code Section 817(h) requires that in a nonqualified contract the investments of the
funds be “adequately diversified” in accordance with Treasury Regulations in order for the Contract to qualify as an
annuity contract under federal tax law. The separate account, through the funds, intends to comply with the
diversification requirements prescribed by Tax Code Section 817(h) and by the Treasury in Reg. Sec. 1.817-5,
which affects how the funds’ assets may be invested. If it is determined, however, that your Contract does not
satisfy the applicable diversification requirements and rulings because a subaccount’s corresponding fund fails to be
adequately diversified for whatever reason, we will take appropriate steps to bring your Contract into compliance
with such regulations and rulings, and we reserve the right to modify your Contract as necessary to do so.

Investor Control. Although earnings under non-qualified contracts are generally not taxed until
withdrawn, the Internal Revenue Service (IRS) has stated in published rulings that a variable contract owner will be
considered the owner of separate account assets if the contract owner possesses incidents of investment control over
the assets. In these circumstances, income and gains from the separate account assets would be currently includible
in the variable contract owner’s gross income. Future guidance regarding the extent to which owners could direct
their investments among subaccounts without being treated as owners of the underlying assets of the separate
account may adversely affect the tax treatment of existing contracts. The Company therefore reserves the right to

ING Empire Traditions – 85618

modify the contract as necessary to attempt to prevent the contract holder from being considered the federal tax
owner of a pro rata share of the assets of the separate account.

Required Distributions. In order to be treated as an annuity contract for federal income tax purposes, the
Tax Code requires any non-qualified Contract to contain certain provisions specifying how your interest in the
Contract will be distributed in the event of your death. The non-qualified Contracts contain provisions that are
intended to comply with these Tax Code requirements, although no regulations interpreting these requirements have
yet been issued. When such requirements are clarified by regulation or otherwise, we intend to review such
distribution provisions and modify them if necessary to assure that they comply with the applicable requirements.

Non-Natural Holders of a Non-Qualified Contract. If you are not a natural person, a non-qualified
contract generally is not treated as an annuity for income tax purposes and the income on the contract for the taxable
year is currently taxable as ordinary income. Income on the contract is any increase in the contract value over the
“investment in the contract” (generally, the premiums or other consideration you paid for the contract less any
nontaxable withdrawals) during the taxable year. There are some exceptions to this rule and a non-natural person
should consult with its tax adviser prior to purchasing the Contract. When the contract owner is not a natural
person, a change in the annuitant is treated as the death of the contract owner.

Delayed Annuity Starting Date. If the Contract’s annuity starting date occurs (or is scheduled to occur) at
a time when the annuitant has reached an advanced age (e.g., after age 85), it is possible that the Contract would not
be treated as an annuity for federal income tax purposes. In that event, the income and gains under the Contract
could be currently includible in your income.

Taxation of Distributions

General. When a withdrawal from a non-qualified Contract occurs, the amount received will be treated as
ordinary income subject to tax up to an amount equal to the excess (if any) of the contract value (unreduced by the
amount of any surrender charge) immediately before the distribution over the contract owner’s investment in the
contract at that time. Investment in the contract is generally equal to the amount of all premiums to the contract,
plus amounts previously included in your gross income as the result of certain loans, assignments or gifts, less the
aggregate amount of non-taxable distributions previously made.

In the case of a surrender under a non-qualified Contract, the amount received generally will be taxable only to the
extent it exceeds the contract owner’s investment in the contract (cost basis).

10% Penalty Tax. A distribution from a non-qualified Contract may be subject to a federal tax penalty
equal to 10% of the amount treated as income. In general, however, there is no penalty on distributions:

made on or after the taxpayer reaches age 59½;

made on or after the death of a contract owner (the annuitant if the contract owner is a non-natural

person);

attributable to the taxpayer’s becoming disabled as defined in the Tax Code;

made as part of a series of substantially equal periodic payments (at least annually) over your life or life

expectancy or the joint lives or joint life expectancies of you and your designated beneficiary; or

the distribution is allocable to investment in the contract before August 14, 1982.

The 10% penalty does not apply to distributions from an immediate annuity as defined in the Tax Code. Other
exceptions may be applicable under certain circumstances and special rules may be applicable in connection with
the exceptions enumerated above. A tax adviser should be consulted with regard to exceptions from the penalty tax.

Tax-Free Exchanges. Section 1035 of the Tax Code permits the exchange of a life insurance, endowment
or annuity contract for an annuity contract on a tax-free basis. In such instance, the “investment in the contract” in
the old contract will carry over to the new contract. You should consult with your tax advisor regarding procedures
for making Section 1035 exchanges.

ING Empire Traditions – 85618

If your Contract is purchased through a tax-free exchange of a life insurance, endowment or annuity contract that
was purchased prior to August 14, 1982, then any distributions other than annuity payments will be treated, for tax
purposes, as coming:

First, from any remaining “investment in the contract” made prior to August 14, 1982 and exchanged into

the Contract;

Next, from any “income on the contract” attributable to the investment made prior to August 14, 1982;

Then, from any remaining “income on the contract;” and

Lastly, from any remaining “investment in the contract.”

The IRS has concluded that in certain instances, the partial exchange of a portion of one annuity contract for another
contract will be tax-free. Pursuant to IRS guidance, receipt of withdrawals, surrenders or annuity payments
(annuitizations) from either the original contract or the new contract during the 12 month period following the
partial exchange may retroactively negate the partial exchange. If the partial exchange is retroactively negated, the
partial surrender of the original contract will be treated as a withdrawal, taxable as ordinary income to the extent of
gain in the original contract and, if the partial exchange occurred prior to you reaching age 59½ , may be subject to
an additional 10% tax penalty. A taxable event may be avoided if requirements identified as a qualifying event are
satisfied. We are not responsible for the manner in which any other insurance company, for tax reporting purposes,
or the IRS, with respect to the ultimate tax treatment, recognizes or reports a partial exchange. We strongly advise
you to discuss any proposed 1035 exchange or subsequent distribution within 12 months with your tax advisor prior
to proceeding with the transaction.

Taxation of Annuity Payments. Although tax consequences may vary depending on the payment option
elected under an annuity contract, a portion of each annuity payment is generally not taxed and the remainder is
taxed as ordinary income. The non-taxable portion of an annuity payment is generally determined in a manner that
is designed to allow you to recover your investment in the contract ratably on a tax-free basis over the expected
stream of annuity payments, as determined when annuity payments start. Once your investment in the contract has
been fully recovered, however, the full amount of each subsequent annuity payment is subject to tax as ordinary
income.

On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010, which included
language that permits the partial annuitization of non-qualified annuities, effective for amounts received in taxable
years beginning after December 31, 2010. The provision applies an exclusion ratio to any amount received as an
annuity under a portion of an annuity provided that the annuity payments are made for a period of 10 years or more
or for life. Pending the issuance of clarifying guidance, the application of this law change is unclear. Please consult
your tax adviser before electing a partial annuitization.
Death Benefits. Amounts may be distributed from a Contract because of your death or the death of the
annuitant. Generally, such amounts are includible in the income of the recipient as follows: (i) if distributed in a
lump sum, they are taxed in the same manner as a surrender of the Contract, or (ii) if distributed under a payment
option, they are taxed in the same way as annuity payments. Special rules may apply to amounts distributed after a
Beneficiary has elected to maintain Contract value and receive payments.

Different distribution requirements apply if your death occurs:

After you begin receiving annuity payments under the Contract; or

Before you begin receiving such distributions.

If your death occurs after you begin receiving annuity payments, distributions must be made at least as rapidly as
under the method in effect at the time of your death.

If your death occurs before you begin receiving annuity payments, your entire balance must be distributed within
five years after the date of your death. For example, if you died on September 1, 2010, your entire balance must

ING Empire Traditions – 85618

be distributed by August 31, 2015. However, if distributions begin within one year of your death, then payments
may be made over one of the following timeframes:

Over the life of the designated beneficiary; or

Over a period not extending beyond the life expectancy of the designated beneficiary.

If the designated beneficiary is your spouse, the contract may be continued with the surviving spouse as the new
contract owner. If the contract owner is a non-natural person and the primary annuitant dies, the same rules apply
on the death of the primary annuitant as outlined above for the death of a contract owner.

The Contract offers a death benefit that may exceed the greater of the premium payments and the contract value.
Certain charges are imposed with respect to the death benefit. It is possible that these charges (or some portion
thereof) could be treated for federal tax purposes as a distribution from the Contract.

Assignments and Other Transfers. A transfer, pledge or assignment of ownership of a non-qualified
contract, the selection of certain annuity dates, or the designation of an annuitant or payee other than an owner may
result in certain tax consequences to you that are not discussed herein. The assignment, pledge or agreement to
assign or pledge any portion of the contract value generally will be treated as a distribution. Anyone contemplating
any such transfer, pledge, assignment, or designation or exchange, should consult a tax adviser regarding the
potential tax effects of such a transaction.

Immediate Annuities. Under Section 72 of the Tax Code, an immediate annuity means an annuity (1)
which is purchased with a single premium, (2) with annuity payments starting within one year from the date of
purchase, and (3) which provides a series of substantially equal periodic payments made annually or more
frequently. While this Contract is not designed as an immediate annuity, treatment as an immediate annuity would
have significance with respect to exceptions from the 10% early withdrawal penalty, to contracts owned by non-
natural persons, and for certain exchanges.

Multiple Contracts. Tax laws require that all non-qualified deferred annuity contracts that are issued by a
company or its affiliates to the same contract owner during any calendar year be treated as one annuity contract for
purposes of determining the amount includible in gross income under Tax Code Section 72(e). In addition, the
Treasury Department has specific authority to issue regulations that prevent the avoidance of Tax Code Section
72(e) through the serial purchase of annuity contracts or otherwise.

Withholding. We will withhold and remit to the IRS a part of the taxable portion of each distribution
made under a Contract unless the distributee notifies us at or before the time of the distribution that he or she elects
not to have any amounts withheld. Withholding is mandatory, however, if the distributee fails to provide a valid
taxpayer identification number or if we are notified by the IRS that the taxpayer identification number we have on
file is incorrect. The withholding rates applicable to the taxable portion of periodic annuity payments are the same
as the withholding rates generally applicable to payments of wages. In addition, a 10% withholding rate applies to the
taxable portion of non-periodic payments. Regardless of whether you elect to have federal income tax withheld, you
are still liable for payment of federal income tax on the taxable portion of the payment.

Certain states have indicated that state income tax withholding will also apply to payments from the contracts made
to residents. Generally, an election out of federal withholding will also be considered an election out of state
withholding. In some states, you may elect out of state withholding, even if federal withholding applies. If you
need more information concerning a particular state or any required forms, please contact our Customer Service
Center.

If you or your designated beneficiary is a non-resident alien, then any withholding is governed by Tax Code Section
1441 based on the individual’s citizenship, the country of domicile and treaty status, and we may require additional
documentation prior to processing any requested transaction.

ING Empire Traditions – 85618

Taxation of Qualified Contracts

General
The Contracts are primarily designed for use with IRAs under Tax Code Sections 401, 408 or 408A, and some
provisions of 403 and 457 (We refer to all of these as “qualified plans”). The tax rules applicable to participants in
these qualified plans vary according to the type of plan and the terms and conditions of the plan itself. The ultimate
effect of federal income taxes on the amounts held under a Contract, or on annuity payments, depends on the type of
retirement plan and your tax status. Special favorable tax treatment may be available for certain types of
contributions and distributions. In addition, certain requirements must be satisfied in purchasing a qualified contract
with proceeds from a tax-qualified plan in order to continue receiving favorable tax treatment.

Adverse tax consequences may result from: contributions in excess of specified limits; distributions before age 59½
(subject to certain exceptions); distributions that do not conform to specified commencement and minimum
distribution rules; and in other specified circumstances. Some qualified plans may be subject to additional
distribution or other requirements that are not incorporated into the Contract. No attempt is made to provide more
than general information about the use of the Contracts with qualified plans. Contract owners, annuitants, and
beneficiaries are cautioned that the rights of any person to any benefits under these qualified plans may be subject to
the terms and conditions of the plans themselves, regardless of the terms and conditions of the Contract. The
Company is not bound by the terms and conditions of such plans to the extent such terms contradict the Contract,
unless we consent.

Contract owners and beneficiaries generally are responsible for determining that contributions, distributions and
other transactions with respect to the contract comply with applicable law. Therefore, you should seek competent
legal and tax advice regarding the suitability of a contract for your particular situation. The following discussion
assumes that qualified contracts are purchased with proceeds from and/or contributions under retirement plans or
programs that qualify for the intended special federal tax treatment.

Tax Deferral
Under the federal tax laws, earnings on amounts held in annuity contracts are generally not taxed until they are
withdrawn. However, in the case of a qualified plan (as defined in this prospectus), an annuity contract is not
necessary to obtain this favorable tax treatment and does not provide any tax benefits beyond the deferral already
available to the qualified plan itself. Annuities do provide other features and benefits (such as guaranteed living
benefits and/or death benefits or the option of lifetime income phase options at established rates) that may be
valuable to you. You should discuss your alternatives with your financial representative taking into account the
additional fees and expenses you may incur in an annuity.

Section 401(a), 401(k), Roth 401(k), and 403(a) Plans. Sections 401(a), 401(k), and 403(a) of the Tax
Code permit certain employers to establish various types of retirement plans for employees, and permits self-
employed individuals to establish these plans for themselves and their employees. These retirement plans may
permit the purchase of Contracts to accumulate retirement savings under the plans. Employers intending to use the
Contract with such plans should seek competent legal advice.

The contracts may also be available as a Roth 401(k), as described in Tax Code Section 402A, and we may set up
accounts for you under the Contract for Roth 401(k) contributions (“Roth 401(k) accounts”). Tax Code Section
402A allows employees of certain private employers to contribute after-tax salary contributions to a Roth 401(k),
which provides for tax-free distributions, subject to certain restrictions.

Individual Retirement Annuities. Section 408 of the Tax Code permits eligible individuals to contribute
to an individual retirement program known as an Individual Retirement Annuity (“IRA”). IRAs are subject to limits
on the amounts that can be contributed, the deductible amount of the contribution, the persons who may be eligible,
and the time when distributions commence. Contributions to IRAs must be made in cash or as a rollover or a
transfer from another eligible plan. Also, distributions from IRAs, individual retirement accounts, and other types of
retirement plans may be “rolled over” on a tax-deferred basis into an IRA. If you make a tax-free rollover of a
distribution from an IRA you may not make another tax-free rollover from the IRA within a 1-year period. Sales of
the contract for use with IRAs may be subject to special requirements of the IRS.

ING Empire Traditions – 85618

The IRS has not reviewed the contracts described in this prospectus for qualification as IRAs and has not addressed,
in a ruling of general applicability, whether the contract’s death benefit provisions comply with IRS qualification
requirements.

Roth IRAs. Section 408A of the Tax Code permits certain eligible individuals to contribute to a Roth IRA.
Contributions to a Roth IRA are subject to limits on the amount of contributions and the persons who may be
eligible to contribute, are not deductible, and must be made in cash or as a rollover or transfer from another Roth
IRA or other IRA. Certain qualifying individuals may convert an IRA, SEP, or a SIMPLE to a Roth IRA. Such
rollovers and conversions are subject to tax, and other special rules may apply. If you make a tax-free rollover of a
distribution from a Roth IRA to another Roth IRA, you may not make another tax-free rollover from the Roth IRA
within a 1-year period. A 10% penalty may apply to amounts attributable to a conversion to a Roth IRA if the
amounts are distributed during the five taxable years beginning with the year in which the conversion was made.

Sales of a contract for use with a Roth IRA may be subject to special requirements of the IRS. The IRS has not
reviewed the contracts described in this prospectus for qualification as IRAs and has not addressed, in a ruling of
general applicability, whether the contract’s death benefit provisions comply with IRS qualification requirements.

Section 403(b) Tax-Sheltered Annuities. The contracts are no longer available for purchase as Tax Code
section 403(b) tax-sheltered annuities. Existing contracts issued as Tax Code section 403(b) tax-sheltered annuities
will continue to be maintained as such under the applicable rules and regulations.

The Treasury Department has issued regulations which generally take effect on January 1, 2009. Existing contracts
will be modified as necessary to comply with these regulations where allowed, or where required by law in order to
maintain their status as section 403(b) tax-sheltered annuities. The final regulations include: (a) the ability to
terminate a 403(b) plan, which would entitle a participant to a distribution; (b) the revocation of IRS Revenue
Ruling 90-24, and the resulting increase in restrictions on a participant’s right to transfer his or her 403(b) accounts;
and (3) the imposition of withdrawal restrictions on non-salary reduction contribution amounts, as well as other
changes.

Contributions
In order to be excludable from gross income for federal income tax purposes, total annual contributions to
certain qualified plans are limited by the Tax Code. You should consult with your tax adviser in connection with
contributions to a qualified contract.

Distributions – General
Certain tax rules apply to distributions from the Contract. A distribution is any amount taken from a Contract
including withdrawals, annuity payments, rollovers, exchanges and death benefit proceeds. We report the taxable
portion of all distributions to the IRS.

Section 401(a), 401(k) and 403(a) Plans. Distributions from these plans are taxed as received unless one
of the following is true:

The distribution is an eligible rollover distribution and is rolled over to another plan eligible to receive

rollovers or to a traditional IRA in accordance with the Tax Code;

You made after-tax contributions to the plan. In this case, depending upon the type of distribution, the

amount will be taxed according to the rules detailed in the Tax Code; or

The distribution is a qualified health insurance premium of a retired safety officer as defined in the

Pension Protection Act of 2006.

A payment is an eligible rollover distribution unless it is:

part of a series of substantially equal periodic payments (at least one per year) made over the life

expectancy of the participant or the joint life expectancy of the participant and his designated beneficiary

or for a specified period of 10 years or more;

a required minimum distribution under Tax Code Section 401(a)(9);

a hardship withdrawal;

ING Empire Traditions – 85618

otherwise excludable from income; or

Not recognized under applicable regulations as eligible for rollover.

The Tax Code imposes a 10% penalty tax on the taxable portion of any distribution from a Contract used with a
401(a), 401(k) or 403(a) plan unless certain exceptions, including one or more of the following, have occurred:

You have attained age 59½;

You have become disabled, as defined in the Tax Code;

You have died and the distribution is to your beneficiary;

You have separated from service with the sponsor at or after age 55;

The distribution amount is rolled over into another eligible retirement plan or to an IRA in accordance

with the terms of the Tax Code;

You have separated from service with the plan sponsor and the distribution amount is made in

substantially equal periodic payments (at least annually) over your life or the life expectancy or the joint

lives or joint life expectancies of you and your designated beneficiary;

The distribution is made due to an IRS levy upon your plan;

The withdrawal amount is paid to an alternate payee under a Qualified Domestic Relations Order

(QDRO); or

The distribution is a qualified reservist distribution as defined under the Pension Protection Act of 2006

(401(k) plans only).

In addition, the 10% penalty tax does not apply to the amount of a distribution equal to unreimbursed medical
expenses incurred by you during the taxable year that qualify for deduction as specified in the Tax Code. The Tax
Code may provide other exceptions or impose other penalties in other circumstances.

Individual Retirement Annuities. All distributions from an IRA are taxed as received unless either one of
the following is true:

The distribution is rolled over to another IRA or to a plan eligible to receive rollovers as permitted under

the Tax Code; or

You made after-tax contributions to the IRA. In this case, the distribution will be taxed according to rules

detailed in the Tax Code.

The Tax Code imposes a 10% penalty tax on the taxable portion of any distribution from an IRA unless certain
exceptions, including one or more of the following, have occurred:

You have attained age 59½;

You have become disabled, as defined in the Tax Code;

You have died and the distribution is to your beneficiary;

The distribution amount is rolled over into another eligible retirement plan or to an IRA in accordance

with the terms of the Tax Code;

The distribution is made due to an IRS levy upon your plan; or

The distribution is a qualified reservist distribution as defined under the Pension Protection Act of 2006.

In addition, the 10% penalty tax does not apply to a distribution made from an IRA to pay for health insurance
premiums for certain unemployed individuals, a qualified first-time home purchase, or for higher education
expenses.

Roth IRAs. A qualified distribution from a Roth IRA is not taxed when it is received. A qualified
distribution is a distribution:

ING Empire Traditions – 85618

Made after the five-taxable year period beginning with the first taxable year for which a contribution was

made to a Roth IRA of the owner; and

Made after you attain age 59½, die, become disabled as defined in the Tax Code, or for a qualified first-

time home purchase.

If a distribution is not qualified, generally it will be taxable to the extent of the accumulated earnings. A partial
distribution will first be treated as a return of contributions which is not taxable and then as taxable accumulated
earnings.

The Tax Code imposes a 10% penalty tax on the taxable portion of any distribution from a Roth IRA that is not a
qualified distribution unless certain exceptions have occurred. In general, the exceptions for an IRA listed above
also apply to a distribution from a Roth IRA that is not a qualified distribution or a rollover to a Roth IRA that is not
a qualified rollover contribution. The 10% penalty tax is also waived on a distribution made from a Roth IRA to pay
for health insurance premiums for certain unemployed individuals, used for a qualified first-time home purchase, or
for higher education expenses.

403(b) Plans. Distributions from your contract are subject to the requirements of Code Section 403(b), the
Treasury Regulations, and, if applicable, the Plan under which the assets in your contract are covered. In
accordance with Code Section 403(b) and the Treasury Regulations, we have no responsibility or obligation to make
any distribution (including distributions due to loans, annuity payouts, qualified domestic relations orders, hardship
withdrawals and systematic distributions options) from your contract until we have received instructions or
information from your Employer and/or its designee or, if permitted under Code Section 403(b) and the Treasury
Regulations, you in a form acceptable to us and necessary for us to administer your contract in accordance with
Code Section 403(b) the Treasury Regulations, and, if applicable, the Plan.

All distributions from these plans are taxed as received unless one of the following is true:

The distribution is an eligible rollover distribution and is rolled over to another plan eligible to receive

rollovers or to a traditional IRA in accordance with the Tax Code;

You made after-tax contributions to the plan. In this case, depending upon the type of distribution, the

amount will be taxed according to the rules detailed in the Tax Code; or

The distribution is a qualified health insurance premium of a retired public safety officer as defined in the

Pension Protection Act of 2006.

A payment is an eligible rollover distribution unless it is:

Part of a series of substantially equal periodic payments (at least one per year) made over the life

expectancy of the participant or the joint life expectancy of the participant and his designated beneficiary

or for a specified period of 10 years or more;

A required minimum distribution under Tax Code section 401(a)(9);

A hardship withdrawal;

Otherwise excludable from income; or

Not recognized under applicable regulations as eligible for rollover.

The Tax Code imposes a 10% penalty tax on the taxable portion of any distribution from a contract used with a

403(b) plan, unless certain exceptions have occurred. In general, the exceptions for an IRA listed above also apply

to a distribution from a 403(b) plan, plus in the event you have separated from service with the sponsor at or after

age 55, or you have separated from service with the plan sponsor and the distribution amount is made in

substantially equal periodic payments (at least annually) over your life or the life expectancy or the joint lives or

joint life expectancies of you and your designated beneficiary. In addition, the 10% penalty tax does not apply to

the amount of a distribution equal to unreimbursed medical expenses incurred by you during the taxable year that

qualify for deduction as specified in the Tax Code. The Tax Code may provide other exceptions or impose other

penalty taxes in other circumstances.

ING Empire Traditions – 85618

Distribution of amounts restricted under Tax Code section 403(b)(11) may only occur upon your death, attainment
of age 59½, severance from employment, disability or financial hardship. Such distributions remain subject to other
applicable restrictions under the Tax Code and the regulations.

Lifetime Required Minimum Distributions (Sections 401(a), 401(k), Roth 401(k), 403(a), 403(b) and
IRAs only).

To avoid certain tax penalties, you and any designated beneficiary must also meet the minimum
distribution requirements imposed by the Tax Code. These rules may dictate the following:

Start date for distributions;

The time period in which all amounts in your account(s) must be distributed; and

Distribution amounts.

Start Date and Time Period. Generally, you must begin receiving distributions by April 1 of the
calendar year following the calendar year in which you attain age 70½. We must pay out distributions from the
contract over a period not extending beyond one of the following time periods:

Over your life or the joint lives of you and your designated beneficiary; or

Over a period not greater than your life expectancy or the joint life expectancies of you and your

designated beneficiary.

Distribution Amounts. The amount of each required distribution must be calculated in accordance
with Tax Code Section 401(a)(9). The entire interest in the account includes the amount of any outstanding rollover,
transfer, recharacterization, if applicable, and the actuarial present value of other benefits provided under the
account, such as guaranteed death benefits.

50% Excise Tax. If you fail to receive the minimum required distribution for any tax year, a 50%
excise tax may be imposed on the required amount that was not distributed.

Lifetime Required Minimum Distributions are not applicable to Roth IRAs during your lifetime. Further
information regarding required minimum distributions may be found in your contract.

Required Distributions Upon Death (Sections 401(a), 401(k), Roth 401(k), 403(a), 403(b), IRAs and
Roth IRAs Only). Different distribution requirements apply after your death, depending upon if you have been
receiving required minimum distributions. Further information regarding required distributions upon death may be
found in your contract.

If your death occurs on or after you begin receiving minimum distributions under the contract, distributions
generally must be made at least as rapidly as under the method in effect at the time of your death. Tax Code Section
401(a)(9) provides specific rules for calculating the required minimum distributions after your death.

If your death occurs before you begin receiving minimum distributions under the contract, your entire balance must
be distributed by December 31 of the calendar year containing the fifth anniversary of the date of your death. For
example, if you died on September 1, 2010, your entire balance must be distributed to the designated beneficiary
by December 31, 2015. However, if distributions begin by December 31 of the calendar year following the
calendar year of your death, and you have named a designated beneficiary, then payments may be made over either
of the following time frames:

Over the life of the designated beneficiary; or

Over a period not extending beyond the life expectancy of the designated beneficiary.

ING Empire Traditions – 85618

Start Dates for Spousal Beneficiaries. If the designated beneficiary is your spouse, distributions
must begin on or before the later of the following:

December 31 of the calendar year following the calendar year of your death; or

December 31 of the calendar year in which you would have attained age 70½.

No designated beneficiary. If there is no designated beneficiary, the entire interest generally must be
distributed by the end of the calendar containing the fifth anniversary of the contract owner’s death.

Special Rule for IRA Spousal Beneficiaries (IRAs and Roth IRAs Only). In lieu of taking a
distribution under these rules, if the sole designated beneficiary is the contract owner’s surviving spouse, the spousal
beneficiary may elect to treat the contract as his or her own IRA and defer taking a distribution until his or her own
start date. The surviving spouse is deemed to have made such an election if the surviving spouse makes a rollover to
or from the contract or fails to take a distribution within the required time period.

Withholding
Any taxable distributions under the contract are generally subject to withholding. Federal income tax liability
rates vary according to the type of distribution and the recipient’s tax status.

401(a), 401(k), Roth 401(k), 403(a) and 403(b). Generally, distributions from these plans are subject to
mandatory 20% federal income tax withholding. However, mandatory withholding will not be required if you elect
a direct rollover of the distributions to an eligible retirement plan or in the case of certain distributions described in
the Tax Code.

IRAs and Roth IRAs. Generally, you or, if applicable, a designated beneficiary may elect not to have tax
withheld from distributions.

Non-resident Aliens. If you or your designated beneficiary is a non-resident alien, then any withholding is
governed by Tax Code section 1441 based on the individual’s citizenship, the country of domicile and treaty status,
and we may require additional documentation prior to processing any requested distribution.

Assignment and Other Transfers

IRAS and Roth IRAs. The Tax Code does not allow a transfer or assignment of your rights under these
contracts except in limited circumstances. Adverse tax consequences may result if you assign or transfer your
interest in the contract to persons other than your spouse incident to a divorce. Anyone contemplating such an
assignment or transfer should contact a qualified tax adviser regarding the potential tax effects of such a transaction.

Section 403(b) Plans. Adverse tax consequences to the plan and/or to you may result if your beneficial
interest in the contract is assigned or transferred to persons other than:

A plan participant as a means to provide benefit payments;

An alternate payee under a qualified domestic relations order in accordance with Tax Code section

414(p); or

The Company as collateral for a loan.

Tax Consequences of Living Benefits and Death Benefit

Living Benefits. Except as otherwise noted below, when a withdrawal from a nonqualified contract occurs
under the ING LifePay Plus or ING LifePay Plus rider, the amount received will be treated as ordinary income
subject to tax up to an amount equal to the excess (if any) of the contract value (unreduced by the amount of any
deferred sales charge) immediately before the distribution over the contract owner’s investment in the contract at
that time.

ING Empire Traditions – 85618

Investment in the contract is generally equal to the amount of all contributions to the contract, plus amounts
previously included in your gross income as the result of certain loans, assignments, or gifts, less the aggregate
amount of non-taxable distributions previously made. For nonqualified contracts, the income on the contract for
purposes of calculating the taxable amount of a distribution may be unclear. For example, the living benefits
provided under the ING LifePay Plus or ING Joint LifePay Plus rider, as well as the market value adjustment, could
increase the contract value that applies. Thus, the income on the contract could be higher than the amount of income
that would be determined without regard to such a benefit. As a result, you could have higher amounts of income
than will be reported to you. In addition, payments under any guaranteed payment phase of such riders after the
contract value has been reduced to zero may be subject to the exclusion ratio rules under Tax Code Section 72(b) for
tax purposes.

Enhanced Death Benefits. The Contract offers a death benefit that may exceed the greater of the premium
payments and the contract value. It is possible that the IRS could characterize such a death benefit as other than an
incidental death benefit. In addition, the provision of such benefits may result in currently taxable income to
contract owners, and the presence of the death benefit could affect the amount of required minimum distributions.
Finally, certain charges are imposed with respect to some of the available death benefits. It is possible those charges
(or some portion thereof) could be treated for federal tax purposes as a distribution from the Contract.

Possible Changes in Taxation
Although the likelihood of legislative change and tax reform is uncertain, there is always the possibility that the tax
treatment of the Contracts could change by legislation or other means. It is also possible that any change could be
retroactive (that is, effective before the date of the change). You should consult a tax adviser with respect to
legislative developments and their effect on the Contract.

Same-Sex Marriages
Pursuant to Section 3 of the federal Defense of Marriage Act (“DOMA”), same-sex marriages currently are not
recognized for purposes of federal law. Therefore, the favorable income-deferral options afforded by federal tax law
to an opposite-sex spouse under Code sections 72(s) and 401(a)(9) are currently NOT available to a same-sex
spouse. Same-sex spouses who own or are considering the purchase of annuity products that provide benefits based
upon status as a spouse should consult a qualified tax adviser. In certain states, to the extent that an annuity contract
or certificate offers to spouses other rights or benefits that are not affected by DOMA, same-sex spouses remain
entitled to such rights or benefits to the same extent as any Contract Owner’s spouse.

Taxation of Company
We are taxed as a life insurance company under the Tax Code. The Separate Account is not a separate entity from
us. Therefore, it is not taxed separately as a “regulated investment company,” but is taxed as part of the Company.

We automatically apply investment income and capital gains attributable to the separate account to increase reserves
under the contracts. Because of this, under existing federal tax law we believe that any such income and gains will
not be taxed to the extent that such income and gains are applied to increase reserves under the contracts. In
addition, any foreign tax credits attributable to the separate account will be first used to reduce any income taxes
imposed on the separate account before being used by the Company.

In summary, we do not expect that we will incur any federal income tax liability attributable to the separate account
and we do not intend to make any provision for such taxes. However, changes in federal tax laws and/or their
interpretation may result in our being taxed on income or gains attributable to the separate account. In this case, we
may impose a charge against the separate account (with respect to some or all of the Contracts) to set aside
provisions to pay such taxes. We may deduct this amount from the separate account, including from your account
value invested in the subaccounts.

ING Empire Traditions – 85618

STATEMENT OF ADDITIONAL INFORMATION

Table of Contents

Item

Introduction

Description of ReliaStar Life Insurance Company of New York

Separate Account NY-B of ReliaStar Life Insurance Company of New York

Safekeeping of Assets

The Administrator

Experts

Distribution of Contracts

Published Ratings

Accumulation Unit Value

Performance Information

Other Information

Statutory Basis Financial Statements of ReliaStar Life Insurance Company of New York

Financial Statements of Separate Account NY – B

Condensed Financial Information (Accumulation Unit Values)

Please tear off, complete and return the form below to order a free Statement of Additional

Information for the Contracts offered under the prospectus. Send the form to our Customer Service Center at P.O. Box 9271, Des Moines, Iowa 50306-9271

PLEASE SEND ME A FREE COPY OF THE STATEMENT OF ADDITIONAL INFORMATION FOR

SEPARATE ACCOUNT NY-B, ING EMPIRE TRADITIONS VARIABLE ANNUITY 333-85618.

Please Print or Type:

Name

Street Address

City, State, Zip

04/29/2011

ING Empire Traditions – 85618

The following tables show the Condensed Financial Information (accumulation unit values for the periods indicated and number of units outstanding) by subaccount for a Contract with the lowest and highest combination of asset-based charges. This information is current through December 31, 2010, including portfolio names, and derives from the financial statements of the Separate Account, which together constitute the Separate Account’s Condensed Financial Information. Portfolio name changes after December 31, 2010 are not reflected in the following information. Complete information is available in the SAI. Contact our Customer Service Center to obtain your copy free of charge. Please ask us about where you can find more timely information.

Except for subaccounts which did not commence operations as of December 31, 2010, the following tables give (1) the accumulation unit value ("AUV") at the beginning of the period, (2) the AUV at the end of the period and (3) the total number of accumulation units outstanding at the end of the period for each subaccount of ReliaStar Life Insurance Company of NY Separate Account NY-B available under the Contract for the indicated periods.


		Separate Account Annual Charges of 1.05%

		2010		2009		2008		2007		2006		2005		2004		2003
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during April 2006)
Value at beginning of period	$	11.40	$	9.22	$	12.97	$	13.46	$	12.99
Value at end of period	$	14.27	$	11.40	$	9.22	$	12.97	$	13.46
Number of accumulation units outstanding at end of period		0		0		0		222		222
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	14.12	$	10.53	$	18.57	$	16.00	$	14.51	$	12.57	$	11.03	$	10.00
Value at end of period	$	16.33	$	14.12	$	10.53	$	18.57	$	16.00	$	14.51	$	12.57	$	11.03
Number of accumulation units outstanding at end of period		6,508		9,160		11,829		13,703		14,467		10,615		10,696		5,194
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.08	$	7.84	$	13.85	$	13.83	$	11.65	$	11.15	$	10.13	$	10.00
Value at end of period	$	11.46	$	10.08	$	7.84	$	13.85	$	13.83	$	11.65	$	11.15	$	10.13
Number of accumulation units outstanding at end of period		5,630		5,911		6,136		6,243		12,728		12,851		13,601		5,826
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.54	$	8.93	$	14.60	$	14.13	$	12.46	$	11.95	$	11.00	$	10.00
Value at end of period	$	12.66	$	11.54	$	8.93	$	14.60	$	14.13	$	12.46	$	11.95	$	11.00
Number of accumulation units outstanding at end of period		8,766		8,855		8,887		9,060		8,448		9,861		8,407		144
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	12.40	$	9.04	$	16.39	$	14.82	$	13.66	$	11.94	$	10.79
Value at end of period	$	14.49	$	12.40	$	9.04	$	16.39	$	14.82	$	13.66	$	11.94
Number of accumulation units outstanding at end of period		10,215		10,459		10,818		10,920		10,653		11,813		12,165
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	18.13	$	12.87	$	22.61	$	19.14	$	16.34	$	13.66	$	11.76
Value at end of period	$	19.14	$	18.13	$	12.87	$	22.61	$	19.14	$	16.34	$	13.66
Number of accumulation units outstanding at end of period		435		586		671		699		723		844		983


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004	2003
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	13.94	$	11.71	$	21.00	$	18.22	$	15.61
Value at end of period	$	14.73	$	13.94	$	11.71	$	21.00	$	18.22
Number of accumulation units outstanding at end of period		0		0		0		64		64
ING BALANCED PORTFOLIO
Value at beginning of period	$	9.14	$	7.77	$	10.95	$	10.51
Value at end of period	$	10.29	$	9.14	$	7.77	$	10.95
Number of accumulation units outstanding at end of period		907		920		836		4,368
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during August 2005)
Value at beginning of period	$	10.27	$	7.68	$	13.21	$	12.58	$	11.03	$	11.00
Value at end of period	$	12.86	$	10.27	$	7.68	$	13.21	$	12.58	$	11.03
Number of accumulation units outstanding at end of period		71		259		381		406		430		455
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.14	$	7.87	$	13.06	$	12.36	$	11.66	$	10.92
Value at end of period	$	11.38	$	10.14	$	7.87	$	13.06	$	12.36	$	11.66
Number of accumulation units outstanding at end of period		1,883		1,885		1,886		1,886		1,888		1,889
ING BLACKROCK LARGE CAP VALUE PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	9.52	$	8.53	$	13.32	$	12.91	$	12.32
Value at end of period	$	10.46	$	9.52	$	8.53	$	13.32	$	12.91
Number of accumulation units outstanding at end of period		0		0		0		844		844
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.84	$	9.31
Value at end of period	$	11.51	$	9.84
Number of accumulation units outstanding at end of period		94		95
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	14.61	$	10.86	$	17.86	$	21.94	$	16.11	$	13.55
Value at end of period	$	18.50	$	14.61	$	10.86	$	17.86	$	21.94	$	16.11
Number of accumulation units outstanding at end of period		299		438		529		613		668		583
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	8.27	$	6.24
Value at end of period	$	10.25	$	8.27
Number of accumulation units outstanding at end of period		0		320
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	10.17	$	9.27	$	11.12	$	10.95	$	10.94
Value at end of period	$	11.37	$	10.17	$	7.79	$	11.12	$	10.95
Number of accumulation units outstanding at end of period		381		1,238		0		1,690		1,878
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during August 2007)
Value at beginning of period	$	9.18	$	7.34	$	11.92	$	11.71
Value at end of period	$	10.14	$	9.18	$	7.34	$	11.92
Number of accumulation units outstanding at end of period		778		861		2,264		2,470


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	16.88	$	12.41	$	21.25	$	16.12	$	16.27
Value at end of period	$	20.32	$	16.88	$	12.41	$	21.25	$	16.12
Number of accumulation units outstanding at end of period		1,380		1,529		1,531		243		177
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.88	$	7.16
Value at end of period	$	8.88	$	7.88
Number of accumulation units outstanding at end of period		3,140		3,183
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.09	$	7.47	$	12.05	$	11.63	$	10.28	$	9.88	$	9.06	$	10.00
Value at end of period	$	10.22	$	9.09	$	7.47	$	12.05	$	11.63	$	10.28	$	9.88	$	9.06
Number of accumulation units outstanding at end of period		7,767		8,407		9,181		13,755		14,665		15,902		17,336		2,261
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.79	$	9.83	$	15.96	$	15.33	$	14.19	$	12.94	$	11.24	$	10.00
Value at end of period	$	15.39	$	12.79	$	9.83	$	15.96	$	15.33	$	14.19	$	12.94	$	11.24
Number of accumulation units outstanding at end of period		1,445		1,950		3,194		4,643		4,910		5,208		5,699		2,393
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.52	$	10.16	$	15.48	$	16.73	$	14.90	$	14.02	$	11.64	$	10.00
Value at end of period	$	15.17	$	12.52	$	10.16	$	15.48	$	16.73	$	14.90	$	14.02	$	11.64
Number of accumulation units outstanding at end of period		218		218		218		942		1,659		1,840		1,842		1,049
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	10.82	$	10.75	$	10.87	$	10.40	$	10.00
Value at end of period	$	11.73	$	10.82	$	9.83	$	10.87	$	10.40
Number of accumulation units outstanding at end of period		732		2,651		0		1,815		1,945
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.67	$	7.07
Value at end of period	$	8.17	$	7.67
Number of accumulation units outstanding at end of period		0		1,250
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	13.07	$	9.68	$	19.17	$	16.03	$	14.22
Value at end of period	$	14.74	$	13.07	$	9.68	$	19.17	$	16.03
Number of accumulation units outstanding at end of period		1,711		2,096		2,098		2,549		406
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	20.74	$	12.22	$	25.34	$	18.49	$	16.05
Value at end of period	$	24.69	$	20.74	$	12.22	$	25.34	$	18.49
Number of accumulation units outstanding at end of period		552		610		1,606		1,896		2,026
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	14.56	$	11.71	$	17.67	$	17.45	$	15.14	$	14.10	$	11.82	$	10.00
Value at end of period	$	17.71	$	14.56	$	11.71	$	17.67	$	17.45	$	15.14	$	14.10	$	11.82
Number of accumulation units outstanding at end of period		1,731		1,823		1,121		1,834		1,980		2,059		1,643		1,642


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.09	$	10.39	$	14.99	$	15.41	$	13.35	$	13.01	$	10.44	$	10.00
Value at end of period	$	16.41	$	13.09	$	10.39	$	14.99	$	15.41	$	13.35	$	13.01	$	10.44
Number of accumulation units outstanding at end of period		750		793		960		1,170		2,451		2,307		1,799		185
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.61	$	8.95	$	12.48	$	11.30	$	10.82	$	10.54
Value at end of period	$	14.26	$	12.61	$	8.95	$	12.48	$	11.30	$	10.82
Number of accumulation units outstanding at end of period		1,063		1,063		1,063		1,063		1,063		1,062
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.69	$	8.18	$	13.63	$	14.04	$	12.90	$	11.63
Value at end of period	$	13.13	$	10.69	$	8.18	$	13.63	$	14.04	$	12.90
Number of accumulation units outstanding at end of period		574		574		575		575		575		575
ING LIQUID ASSETS PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	18.22	$	18.35	$	18.10	$	17.43	$	16.99
Value at end of period	$	18.03	$	18.22	$	18.35	$	18.10	$	17.43
Number of accumulation units outstanding at end of period		58,410		73,578		58,287		717		102
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	12.40	$	9.10	$	18.22	$	15.27	$	12.45	$	11.23
Value at end of period	$	13.96	$	12.40	$	9.10	$	18.22	$	15.27	$	12.45
Number of accumulation units outstanding at end of period		1,009		1,019		1,219		1,819		2,008		1,435
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	26.16	$	22.43	$	29.19	$	28.36	$	25.61	$	25.15	$	22.87	$	10.00
Value at end of period	$	28.44	$	26.16	$	22.43	$	29.19	$	28.36	$	25.61	$	25.15	$	22.87
Number of accumulation units outstanding at end of period		4,008		4,086		3,722		5,912		5,626		5,933		5,121		1,397
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	12.08	$	8.75	$	14.82	$	14.05	$	12.03	$	10.06
Value at end of period	$	13.88	$	12.08	$	8.75	$	14.82	$	14.05	$	12.03
Number of accumulation units outstanding at end of period		2,048		2,192		3,548		3,746		3,925		4,136
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	13.79	$	10.00	$	16.97	$	16.13	$	13.86	$	12.37	$	10.87	$	10.00
Value at end of period	$	15.80	$	13.79	$	10.00	$	16.97	$	16.13	$	13.86	$	12.37	$	10.87
Number of accumulation units outstanding at end of period		104		104		811		812		813		202		3,726		1,123
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.92	$	9.42	$	12.29	$	12.07	$	11.20	$	10.85	$	10.00
Value at end of period	$	15.74	$	13.92	$	9.42	$	12.29	$	12.07	$	11.20	$	10.85
Number of accumulation units outstanding at end of period		2,073		2,074		2,074		5,386		6,722		6,615		6,112
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	18.54	$	16.38	$	15.88	$	14.73	$	14.27	$	14.07	$	13.56	$	10.00
Value at end of period	$	19.76	$	18.54	$	16.38	$	15.88	$	14.73	$	14.27	$	14.07	$	13.56
Number of accumulation units outstanding at end of period		9,120		7,844		6,600		8,528		8,574		8,560		8,679		2,680


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004	2003
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.38	$	9.22
Value at end of period	$	10.36	$	9.38
Number of accumulation units outstanding at end of period		1,020		1,021
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.64	$	9.50
Value at end of period	$	10.59	$	9.64
Number of accumulation units outstanding at end of period		22,867		23,734
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.87	$	9.75
Value at end of period	$	10.70	$	9.87
Number of accumulation units outstanding at end of period		13,962		2,277
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.72	$	10.85
Value at end of period	$	14.16	$	12.72
Number of accumulation units outstanding at end of period		2,735		3,157
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	8.22	$	6.99
Value at end of period	$	9.11	$	8.22
Number of accumulation units outstanding at end of period		1,637		1,637
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.54	$	10.65
Value at end of period	$	13.79	$	12.54
Number of accumulation units outstanding at end of period		261		965
ING RUSSELL^TMMID CAP INDEX PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.50	$	8.32
Value at end of period	$	10.50	$	8.50
Number of accumulation units outstanding at end of period		79		80
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	8.74	$	6.99	$	10.06
Value at end of period	$	10.90	$	8.74	$	6.99
Number of accumulation units outstanding at end of period		3,530		3,530		3,531
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.22	$	9.27	$	12.92	$	12.51	$	11.03	$	10.79
Value at end of period	$	13.79	$	12.22	$	9.27	$	12.92	$	12.51	$	11.03
Number of accumulation units outstanding at end of period		1,355		1,548		1,473		414		438		463
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.91	$	8.82	$	13.86	$	13.59	$	11.53	$	11.02
Value at end of period	$	12.40	$	10.91	$	8.82	$	13.86	$	13.59	$	11.53
Number of accumulation units outstanding at end of period		0		0		0		486		486		540


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Fund first available during May 2006)
Value at beginning of period	$	9.80	$	7.51	$	12.78	$	11.21	$	9.79
Value at end of period	$	10.53	$	9.80	$	7.51	$	12.78	$	11.21
Number of accumulation units outstanding at end of period		821		821		1,869		1,870		1,871
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	10.68	$	10.23	$	10.00
Value at end of period	$	11.19	$	10.68	$	10.23
Number of accumulation units outstanding at end of period		601		663		62
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.55	$	8.10	$	13.65	$	13.66	$	12.08	$	11.17
Value at end of period	$	11.79	$	10.55	$	8.10	$	13.65	$	13.66	$	12.08
Number of accumulation units outstanding at end of period		598		598		598		598		598		598
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.19	$	8.80	$	14.00	$	14.47	$	12.62	$	12.33	$	10.67	$	10.00
Value at end of period	$	12.75	$	11.19	$	8.80	$	14.00	$	14.47	$	12.62	$	12.33	$	10.67
Number of accumulation units outstanding at end of period		6,196		7,165		6,489		6,843		6,890		7,029		6,994		5,965
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	10.68	$	8.81
Value at end of period	$	11.88	$	10.68
Number of accumulation units outstanding at end of period		1,499		567
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	11.01	$	9.27	$	13.13	$	12.23	$	10.85	$	9.93	$	8.61
Value at end of period	$	11.66	$	11.01	$	9.27	$	13.13	$	12.23	$	10.85	$	9.93
Number of accumulation units outstanding at end of period		3,575		3,539		3,475		3,615		3,642		6,400		880
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2003)
Value at beginning of period	$	6.19	$	4.73	$	7.70	$	8.21	$	7.54	$	8.27	$	8.75
Value at end of period	$	5.14	$	6.19	$	4.73	$	7.70	$	8.21	$	7.54	$	8.27
Number of accumulation units outstanding at end of period		908		679		687		3,057		3,231		528		528



		Separate Account Annual Charges of 2.10%

		2010		2009		2008		2007		2006		2005		2004
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during September 2008)
Value at beginning of period	$	9.41	$	7.95	$	9.11
Value at end of period	$	10.11	$	9.41	$	7.95
Number of accumulation units outstanding at end of period		2,613		3,273		2,087
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.00	$	9.05	$	16.13	$	14.04	$	12.87	$	11.27	$	11.03
Value at end of period	$	13.74	$	12.00	$	9.05	$	16.13	$	14.04	$	12.87	$	11.27
Number of accumulation units outstanding at end of period		4,642		4,919		5,528		5,426		2,689		925		138


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.32	$	7.33	$	13.10	$	13.21	$	11.25	$	10.92
Value at end of period	$	10.49	$	9.32	$	7.33	$	13.10	$	13.21	$	11.25
Number of accumulation units outstanding at end of period		2,773		2,874		2,953		1,735		1,468		791
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during February 2008)
Value at beginning of period	$	9.65	$	8.79	$	10.01
Value at end of period	$	10.02	$	9.65	$	8.79
Number of accumulation units outstanding at end of period		9,127		8,877		5,198
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	9.94	$	7.78	$	12.86	$	12.57	$	11.20	$	10.86	$	10.64
Value at end of period	$	10.79	$	9.94	$	7.78	$	12.86	$	12.57	$	11.20	$	10.86
Number of accumulation units outstanding at end of period		14,779		16,185		12,582		9,576		4,148		959		143
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.06	$	8.14	$	14.93	$	13.65	$	12.71	$	11.23	$	10.90
Value at end of period	$	12.78	$	11.06	$	8.14	$	14.93	$	13.65	$	12.71	$	11.23
Number of accumulation units outstanding at end of period		85,996		87,630		90,878		90,235		4,612		1,046		420
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	14.45	$	10.37	$	18.41	$	15.75	$	13.59	$	11.59
Value at end of period	$	15.09	$	14.45	$	10.37	$	18.41	$	15.75	$	13.59
Number of accumulation units outstanding at end of period		8,400		7,563		7,898		8,465		4,059		885
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	12.63	$	10.73	$	19.44	$	17.05	$	14.13
Value at end of period	$	13.21	$	12.63	$	10.73	$	19.44	$	17.05
Number of accumulation units outstanding at end of period		7,509		4,928		5,688		4,038		618
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	9.77	$	7.38	$	12.83	$	12.36	$	11.57
Value at end of period	$	12.10	$	9.77	$	7.38	$	12.83	$	12.36
Number of accumulation units outstanding at end of period		2,512		3,093		3,615		2,189		548
ING BLACKROCK INFLATION PROTECTED BOND PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	10.53	$	10.01
Value at end of period	$	10.88	$	10.53
Number of accumulation units outstanding at end of period		1,413		1,421
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.65	$	7.57	$	12.69	$	13.12
Value at end of period	$	10.71	$	9.65	$	7.57	$	12.69
Number of accumulation units outstanding at end of period		3,940		4,093		4,010		771
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.67	$	6.47	$	9.99
Value at end of period	$	11.18	$	9.67	$	6.47
Number of accumulation units outstanding at end of period		3,398		3,161		1,455


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006	2005	2004
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	9.24	$	7.08	$	12.30	$	14.45
Value at end of period	$	10.50	$	9.24	$	7.08	$	12.30
Number of accumulation units outstanding at end of period		3,776		3,831		4,154		1,411
ING CLARION REAL ESTATE PORTFOLIO
Value at beginning of period	$	11.76	$	8.84	$	14.69	$	18.25
Value at end of period	$	14.74	$	11.76	$	8.84	$	14.69
Number of accumulation units outstanding at end of period		485		536		551		545
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.95	$	6.51	$	10.09	$	10.68
Value at end of period	$	9.75	$	7.95	$	6.51	$	10.09
Number of accumulation units outstanding at end of period		916		964		939		967
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Funds were first received in this option during February 2007)
Value at beginning of period	$	8.63	$	6.70	$	11.26	$	11.31
Value at end of period	$	9.47	$	8.63	$	6.70	$	11.26
Number of accumulation units outstanding at end of period		8,564		8,374		8,370		3,580
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	11.92	$	8.75	$	14.68	$	14.13
Value at end of period	$	14.98	$	11.92	$	8.75	$	14.68
Number of accumulation units outstanding at end of period		1,682		1,791		1,718		2,576
ING FRANKLIN INCOME PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.78	$	7.57	$	10.93	$	11.46
Value at end of period	$	10.82	$	9.78	$	7.57	$	10.93
Number of accumulation units outstanding at end of period		2,028		976		267		15,862
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	8.93	$	7.21	$	11.83	$	12.53
Value at end of period	$	9.75	$	8.93	$	7.21	$	11.83
Number of accumulation units outstanding at end of period		1,015		1,063		1,686		1,785
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.68	$	6.02	$	9.56	$	10.19
Value at end of period	$	8.33	$	7.68	$	6.02	$	9.56
Number of accumulation units outstanding at end of period		2,729		3,153		2,306		2,267
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	16.06	$	11.93	$	20.65	$	15.83	$	13.98
Value at end of period	$	19.12	$	16.06	$	11.93	$	20.65	$	15.83
Number of accumulation units outstanding at end of period		2,717		4,702		3,225		1,360		449
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.71	$	7.03
Value at end of period	$	8.59	$	7.71
Number of accumulation units outstanding at end of period		5,505		5,621


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING HANG SENG INDEX PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	12.90	$	13.22
Value at end of period	$	13.58	$	12.90
Number of accumulation units outstanding at end of period		230		231
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	9.55	$	7.93	$	12.94	$	12.62	$	11.65
Value at end of period	$	10.62	$	9.55	$	7.93	$	12.94	$	12.62
Number of accumulation units outstanding at end of period		74		75		75		75		75
ING INDEX PLUS MIDCAP PORTFOLIO
Value at beginning of period	$	10.68	$	8.30	$	13.61	$	13.21
Value at end of period	$	12.71	$	10.68	$	8.30	$	13.61
Number of accumulation units outstanding at end of period		1,079		1,188		1,197		1,368
ING INDEX PLUS SMALLCAP PORTFOLIO
Value at beginning of period	$	9.90	$	8.13	$	12.51	$	13.67
Value at end of period	$	11.88	$	9.90	$	8.13	$	12.51
Number of accumulation units outstanding at end of period		670		671		672		68
ING INTERMEDIATE BOND PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	10.29	$	9.45	$	10.57	$	10.18
Value at end of period	$	11.04	$	10.29	$	9.45	$	10.57
Number of accumulation units outstanding at end of period		3,972		4,304		4,170		2,491
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	7.53	$	5.71
Value at end of period	$	7.93	$	7.53
Number of accumulation units outstanding at end of period		158		152
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	12.78	$	9.56	$	19.15	$	16.18	$	14.03
Value at end of period	$	14.26	$	12.78	$	9.56	$	19.15	$	16.18
Number of accumulation units outstanding at end of period		579		581		1,109		251		452
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	19.73	$	11.75	$	24.62	$	18.16	$	14.54
Value at end of period	$	23.23	$	19.73	$	11.75	$	24.62	$	18.16
Number of accumulation units outstanding at end of period		2,051		2,108		2,235		2,483		449
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.27	$	9.04	$	13.19	$	13.70	$	12.00	$	11.49
Value at end of period	$	13.99	$	11.27	$	9.04	$	13.19	$	13.70	$	12.00
Number of accumulation units outstanding at end of period		4,997		5,373		5,335		4,846		3,681		1,562
ING LARGE CAP GROWTH PORTFOLIO
(Funds were first received in this option during March 2010)
Value at beginning of period	$	13.08
Value at end of period	$	14.32
Number of accumulation units outstanding at end of period		249


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	9.53	$	7.37	$	12.42	$	13.66
Value at end of period	$	11.58	$	9.53	$	7.37	$	12.42
Number of accumulation units outstanding at end of period		369		399		394		380
ING LIQUID ASSETS PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	10.41	$	10.60	$	10.61
Value at end of period	$	10.19	$	10.41	$	10.60
Number of accumulation units outstanding at end of period		1,354		2,840		19,925
ING MARSICO GROWTH PORTFOLIO
(Funds were first received in this option during September 2007)
Value at beginning of period	$	10.29	$	8.15	$	13.95	$	13.99
Value at end of period	$	12.08	$	10.29	$	8.15	$	13.95
Number of accumulation units outstanding at end of period		263		363		367		371
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during March 2008)
Value at beginning of period	$	11.79	$	8.75	$	15.14
Value at end of period	$	13.14	$	11.79	$	8.75
Number of accumulation units outstanding at end of period		230		243		892
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.58	$	9.17	$	12.06	$	11.84	$	10.81	$	10.70
Value at end of period	$	11.38	$	10.58	$	9.17	$	12.06	$	11.84	$	10.81
Number of accumulation units outstanding at end of period		7,456		7,162		4,896		2,391		2,040		1,148
ING MFS UTILITIES PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	14.36	$	11.05	$	18.11	$	14.53	$	11.73
Value at end of period	$	15.98	$	14.36	$	11.05	$	18.11	$	14.53
Number of accumulation units outstanding at end of period		2,919		2,850		3,369		2,890		535
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	12.31	$	9.02	$	15.49	$	14.88	$	12.92	$	11.75
Value at end of period	$	13.96	$	12.31	$	9.02	$	15.49	$	14.88	$	12.92
Number of accumulation units outstanding at end of period		4,560		4,851		4,534		4,291		1,968		813
ING PIMCO HIGH YIELD PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	12.76	$	8.72	$	11.50	$	11.79
Value at end of period	$	14.27	$	12.76	$	8.72	$	11.50
Number of accumulation units outstanding at end of period		708		905		961		1,827
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	12.64	$	11.29	$	11.06	$	10.31
Value at end of period	$	13.33	$	12.64	$	11.29	$	11.06
Number of accumulation units outstanding at end of period		17,189		15,268		11,396		2,841
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.88	$	8.07	$	12.32	$	11.93	$	10.84	$	10.82
Value at end of period	$	11.41	$	9.88	$	8.07	$	12.32	$	11.93	$	10.84
Number of accumulation units outstanding at end of period		3,478		3,510		3,309		3,370		3,318		1,743


		Condensed Financial Information (continued)



		2010		2009		2008	2007	2006	2005	2004
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.30	$	8.24
Value at end of period	$	8.77	$	8.30
Number of accumulation units outstanding at end of period		311		299
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.36	$	9.21
Value at end of period	$	10.23	$	9.36
Number of accumulation units outstanding at end of period		24,169		24,574
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.62	$	9.49
Value at end of period	$	10.45	$	9.62
Number of accumulation units outstanding at end of period		9,791		9,766
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.85	$	9.75
Value at end of period	$	10.56	$	9.85
Number of accumulation units outstanding at end of period		56,432		54,373
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.62	$	10.82
Value at end of period	$	13.90	$	12.62
Number of accumulation units outstanding at end of period		366		358
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	8.07	$	6.90
Value at end of period	$	8.85	$	8.07
Number of accumulation units outstanding at end of period		4,591		4,733
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.45	$	10.62
Value at end of period	$	13.54	$	12.45
Number of accumulation units outstanding at end of period		778		552
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.93	$	11.54
Value at end of period	$	15.93	$	12.93
Number of accumulation units outstanding at end of period		959		1,046
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.58	$	6.93	$	10.00
Value at end of period	$	10.59	$	8.58	$	6.93
Number of accumulation units outstanding at end of period		0		0		665
ING SMALL COMPANY PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.86	$	7.11	$	10.11
Value at end of period	$	10.76	$	8.86	$	7.11
Number of accumulation units outstanding at end of period		909		618		383


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.62	$	8.91	$	12.56	$	12.29	$	10.95	$	10.64
Value at end of period	$	12.98	$	11.62	$	8.91	$	12.56	$	12.29	$	10.95
Number of accumulation units outstanding at end of period		9,219		9,101		5,703		2,985		2,156		912
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.14	$	8.29	$	13.16	$	13.05	$	11.19	$	10.99
Value at end of period	$	11.41	$	10.14	$	8.29	$	13.16	$	13.05	$	11.19
Number of accumulation units outstanding at end of period		3,781		5,965		2,852		1,995		385		105
ING T. ROWE PRICE GROWTH EQUITY PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	7.98	$	5.71	$	10.12	$	10.29
Value at end of period	$	9.10	$	7.98	$	5.71	$	10.12
Number of accumulation units outstanding at end of period		3,537		3,233		2,850		2,772
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.42	$	7.30	$	12.55	$	12.20
Value at end of period	$	10.02	$	9.42	$	7.30	$	12.55
Number of accumulation units outstanding at end of period		1,138		1,178		1,226		392
ING TEMPLETON GLOBAL GROWTH PORTFOLIO (CLASS S)
(Funds were first received in this option during June 2007)
Value at beginning of period	$	10.47	$	8.09	$	13.69	$	14.69
Value at end of period	$	11.05	$	10.47	$	8.09	$	13.69
Number of accumulation units outstanding at end of period		1,868		2,135		2,030		1,298
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	10.48	$	10.15
Value at end of period	$	10.87	$	10.48
Number of accumulation units outstanding at end of period		222		213
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	9.92	$	7.70	$	13.12	$	13.28	$	12.17
Value at end of period	$	10.98	$	9.92	$	7.70	$	13.12	$	13.28
Number of accumulation units outstanding at end of period		36		36		36		36		36
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.57	$	7.60	$	12.23	$	12.78	$	11.27	$	11.05
Value at end of period	$	10.78	$	9.57	$	7.60	$	12.23	$	12.78	$	11.27
Number of accumulation units outstanding at end of period		5,345		5,419		5,449		5,434		3,025		797
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.78	$	9.00	$	12.02	$	11.89	$	10.81	$	10.86
Value at end of period	$	11.82	$	10.78	$	9.00	$	12.02	$	11.89	$	10.81
Number of accumulation units outstanding at end of period		3,638		3,658		3,362		109		110		109
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.15	$	8.37	$	12.61	$	12.56	$	11.06	$	10.78
Value at end of period	$	11.18	$	10.15	$	8.37	$	12.61	$	12.56	$	11.06
Number of accumulation units outstanding at end of period		1,785		891		201		203		728		170

APPENDIX B

The Investment Portfolios

During the accumulation phase, you may allocate your premium payments and contract value to any of the

investment portfolios available under this Contract. They are listed in this appendix, plus any Fixed Interest

Allocation. You bear the entire investment risk for amounts you allocate to any investment portfolio, and you may

lose your principal.

The investment results of the mutual funds (funds) are likely to differ significantly and there is no assurance that any

of the funds will achieve their respective investment objectives. You should consider the investment objectives, risks

and charges and expenses of the funds carefully before investing. Please refer to the fund prospectuses for this and

additional information.

Shares of the funds will rise and fall in value and you could lose money by investing in the funds. Shares of the funds are

not bank deposits and are not guaranteed, endorsed or insured by any financial institution, the Federal Deposit Insurance

Corporation or any other government agency. Except as noted, all funds are diversified, as defined under the Investment

Company Act of 1940. Fund prospectuses may be obtained free of charge, from our Customer Service Center at the address

and telephone number listed in the prospectus, by accessing the SEC’s web site or by contacting the SEC Public Reference

Room. If you received a summary prospectus for any of the funds available through your contract, you may also obtain a

full prospectus and other fund information free of charge by either accessing the internet address, calling the telephone

number or sending an email request to the contact information shown on the front of the fund's summary prospectus.

Certain funds offered under the contracts have investment objectives and policies similar to other funds managed by

the fund’s investment adviser. The investment results of a fund may be higher or lower than those of other funds

managed by the same adviser. There is no assurance and no representation is made that the investment results of any

fund will be comparable to those of another fund managed by the same investment adviser.

Certain funds are designated as “Master-Feeder” or “Retirement Funds.” Funds offered in a Master-Feeder structure

(such as the American Funds) or fund of funds structure (such as the Retirement Funds) may have higher fees and

expenses than a fund that invests directly in debt and equity securities. Consult with your investment professional to

determine if the investment portfolios may be suited to your financial needs, investment time horizon and risk

tolerance. You should periodically review these factors to determine if you need to change your investment

strategy.

The following table highlights name changes.


List of Fund Name Changes
*Former Fund Name*	*Current Fund Name*
ING Wells Fargo Health Care Portfolio	ING BlackRock Health Sciences Opportunities Portfolio
ING Van Kampen Comstock Portfolio	ING Invesco Van Kampen Comstock Portfolio
ING Van Kampen Equity and Income Portfolio	ING Invesco Van Kampen Equity and Income Portfolio
ING Van Kampen Growth and Income Portfolio	ING Invesco Van Kampen Growth and Income Portfolio

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
BlackRock Global Allocation V.I. Fund	Seeks to provide high total return through a fully
	managed investment policy utilizing U.S. and foreign equity,
Investment Adviser: BlackRock Advisors, LLC	debt and money market instruments, the combination of which
	will be varied from time to time both with respect to types of
Investment Subadviser: BlackRock Investment	securities and markets in response to changing market and
Management, LLC; BlackRock International Limited	economic trends.

ING American Funds Asset Allocation Portfolio	Seeks high total return (including income and capital gains)
	consistent with preservation of capital over the long term.
Investment Adviser: ING Investments, LLC
Investment Adviser to Master Funds: Capital Research
and Management Company^SM

ING American Funds Bond Portfolio	Seeks to
	provide as high a level of current income as is
Investment Adviser: ING Investments, LLC	consistent with the preservation of capital.
Investment Adviser to Master Funds: Capital Research
and Management Company^SM

ING American Funds Global Growth and Income	Seeks to provide you with long-term growth of capital while
Portfolio	providing current income.

Investment Adviser: ING Investments, LLC
Investment Adviser to Master Funds: Capital Research
and Management Company^SM

ING American Funds Growth Portfolio	Seeks to provide you with growth
	of capital.
Investment Adviser: ING Investments, LLC
Investment Adviser to Master Funds: Capital Research
and Management Company^SM

ING American Funds International Growth and Income	Seeks long-term growth of capital while providing current
Portfolio	income.

Investment Adviser: ING Investments, LLC
Investment Adviser to Master Funds: Capital Research
and Management Company^SM

ING American Funds International Portfolio	Seeks to provide you
	with long-term growth of capital.
Investment Adviser: ING Investments, LLC
Investment Adviser to Master Funds: Capital Research
and Management Company^SM

ING American Funds World Allocation Portfolio	Seeks long-term growth of capital.

Investment Adviser: Directed Services LLC
Asset Allocation Committee

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
ING Artio Foreign Portfolio	Seeks long-term growth of capital.

Investment Adviser: Directed Services LLC
Investment Subadviser: Artio Global Management LLC

ING Baron Small Cap Growth Portfolio	Seeks capital appreciation.

Investment Adviser: Directed Services LLC
Investment Subadviser: BAMCO, Inc.

ING BlackRock Health Sciences Opportunities Portfolio	Seeks long-term capital growth.

Investment Adviser: Directed Services LLC
Investment Subadviser: BlackRock
Advisors, LLC

ING BlackRock Inflation Protected Bond Portfolio	A non-diversified Portfolio that seeks to maximize real return,
	consistent with preservation of real capital and prudent
Investment Adviser: Directed Services LLC	investment management.
Investment Subadviser: BlackRock Financial
Management Inc.

ING BlackRock Large Cap Growth Portfolio	Seeks long-term growth of capital.

Investment Adviser: Directed Services LLC
Investment Subadviser: BlackRock Investment
Management, LLC

ING BlackRock Science and Technology Opportunities	Seeks long-term capital appreciation.
Portfolio

Investment Adviser: ING Investments, LLC
Investment Subadviser: BlackRock Advisors, LLC

ING Davis New York Venture Portfolio	Seeks long-term growth of capital.

Investment Adviser: Directed Services LLC
Investment Subadviser: Davis Selected Advisers, L.P.

ING DFA World Equity Portfolio	Seeks long-term capital appreciation.

Investment Adviser: Directed Services LLC
Investment Subadviser: Dimensional Fund Advisors LP

ING EURO STOXX 50^®Index Portfolio	A non-diversified Portfolio that seeks investment results
	(before fees and expenses) that correspond to the total return of
	the EURO STOXX 50^®Index.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
ING FMR^SMDiversified Mid Cap Portfolio*	Seeks long-term growth of capital.

Investment Adviser: Directed Services LLC
Investment Subadviser: Fidelity Management &
Research Company

* FMR^SMis a service mark of Fidelity Management &
Research Company

ING Franklin Income Portfolio	Seeks to maximize income while maintaining prospects for
	capital appreciation.
Investment Adviser: Directed Services LLC
Investment Subadviser: Franklin Advisers, Inc.

ING Franklin Mutual Shares Portfolio	Seeks capital appreciation and secondarily, income.

Investment Adviser: Directed Services LLC
Investment Subadviser: Franklin Mutual Advisers, LLC

ING Franklin Templeton Founding Strategy Portfolio	Seeks capital appreciation and secondarily, income.

Investment Adviser: Directed Services LLC

ING FTSE 100 Index^®Portfolio	A non-diversified Portfolio that seeks investment results
	(before fees and expenses) that correspond to the total return of
	the FTSE 100 Index^®.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Global Resources Portfolio	Seeks long-term capital appreciation.

Investment Adviser: Directed Services, LLC
Investment Subadviser: ING Investment Management
Co.

ING Growth and Income Portfolio	Seeks to maximize total return through investments in a
	diversified portfolio of common stocks and securities
Investment Adviser: ING Investments, LLC	convertible into common stocks. It is anticipated that capital
	appreciation and investment income will both be major factors
Investment Subadviser: ING Investment Management	in achieving total return.
Co.

ING Hang Seng Index Portfolio	A non-diversified Portfolio that seeks investment results
	(before fees and expenses) that correspond to the total return of
Investment Adviser: ING Investments, LLC	the Hang Seng Index.
Investment Subadviser: ING Investment Management
Co.

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
ING Intermediate Bond Portfolio	Seeks to maximize total return consistent with reasonable risk.
	The Portfolio seeks its objective through investments in a
Investment Adviser: ING Investments, LLC	diversified portfolio consisting primarily of debt securities. It
	is anticipated that capital appreciation and investment income
Investment Subadviser: ING Investment Management	will both be major factors in achieving total return.
Co.

ING International Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of a widely accepted
Investment Adviser: ING Investments, LLC	International Index.
Investment Subadviser: ING Investment Management
Co.

ING Invesco Van Kampen Comstock Portfolio	Seeks capital growth and income.

Investment Adviser: Directed Services LLC
Investment Subadviser: Invesco Advisers, Inc.

ING Invesco Van Kampen Equity and Income Portfolio	Seeks total return, consisting of long-term capital appreciation
	and current income.
Investment Adviser: Directed Services LLC
Investment Subadviser: Invesco Advisers, Inc.

ING Invesco Van Kampen Growth and Income Portfolio	Seeks long-term growth of capital and income.

Investment Adviser: Directed Services LLC
Investment Subadviser: Invesco Advisers, Inc.

ING Japan TOPIX Index^®Portfolio	A non-diversified Portfolio that seeks investment results
	(before fees and expenses) that correspond to the total return of
	the Tokyo Stock Price Index^®.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING JPMorgan Emerging Markets Equity Portfolio	Seeks capital appreciation.

Investment Adviser: Directed Services LLC
Investment Subadviser: J.P. Morgan Investment
Management Inc.

ING JPMorgan Mid Cap Value Portfolio	Seeks growth from capital appreciation.

Investment Adviser: Directed Services LLC
Investment Subadviser: J.P. Morgan Investment
Management Inc.

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
ING JPMorgan Small Cap Core Equity Portfolio	Seeks capital growth over the long term.

Investment Adviser: Directed Services LLC
Investment Subadviser: J.P. Morgan Investment
Management Inc.

ING Large Cap Growth Portfolio	Seeks long-term capital growth.

Investment Adviser: Directed Services LLC
Investment Subadviser: ING Investment Management
Co.

ING Large Cap Value Portfolio	Seeks growth of capital and current income.

Investment Adviser: Directed Services LLC
Investment Subadviser: ING Investment Management
Co.

ING Liquid Assets Portfolio	Seeks a high level of current income consistent with the
	preservation of capital and liquidity.
Investment Adviser: Directed Services LLC
Investment Subadviser: ING Investment Management
Co.

ING Marsico Growth Portfolio	Seeks capital appreciation.

Investment Adviser: Directed Services LLC
Investment Subadviser: Marsico Capital Management,
LLC

ING MFS Total Return Portfolio	Seeks above-average income (compared to a portfolio entirely
	invested in equity securities) consistent with the prudent
Investment Adviser: Directed Services LLC	employment of capital. Secondarily seeks reasonable
Investment Subadviser: Massachusetts Financial	opportunity for growth of capital and income.
Services Company

ING MFS Utilities Portfolio	Seeks total return.

Investment Adviser: Directed Services LLC
Investment Subadviser: Massachusetts Financial
Services Company

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
ING MidCap Opportunities Portfolio	Seeks long-term capital appreciation.

Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Morgan Stanley Global Franchise Portfolio	A non-diversified Portfolio that seeks long-term capital
	appreciation.
Investment Adviser: Directed Services LLC
Investment Subadviser: Morgan Stanley Investment
Management Inc.

ING Oppenheimer Active Allocation Portfolio	Seeks long-term growth of capital with a secondary objective
	of current income.
Investment Adviser: ING Investments, LLC
Investment Subadviser: OppenheimerFunds, Inc.

ING Oppenheimer Global Portfolio	Seeks capital appreciation.

Investment Adviser: Directed Services LLC
Investment Subadviser: OppenheimerFunds, Inc.

ING PIMCO High Yield Portfolio	Seeks maximum total return, consistent with preservation of
	capital and prudent investment management.
Investment Adviser: Directed Services LLC
Investment Subadviser: Pacific Investment Management
Company LLC

ING PIMCO Total Return Bond Portfolio	Seeks maximum total return, consistent with preservation of
	capital and prudent investment management.
Investment Adviser: Directed Services LLC
Investment Subadviser: Pacific Investment Management
Company LLC

ING Pioneer Fund Portfolio	Seeks reasonable income and capital growth.

Investment Adviser: Directed Services LLC
Investment Subadviser: Pioneer Investment
Management, Inc.

ING Pioneer Mid Cap Value Portfolio	Seeks capital appreciation.

Investment Adviser: Directed Services LLC
Investment Subadviser: Pioneer Investment
Management, Inc.

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
ING Retirement Conservative Portfolio	Seeks a high level of total return (consisting of capital
	appreciation and income) consistent with a conservative level
Investment Adviser: Directed Services LLC	of risk relative to the other ING Retirement Portfolios.
Asset Allocation Committee

ING Retirement Growth Portfolio	Seeks a high level of total return (consisting of capital
	appreciation and income) consistent with a level of risk that
Investment Adviser: Directed Services LLC	can be expected to be greater than that of ING Retirement
	Moderate Growth Portfolio.
Asset Allocation Committee

ING Retirement Moderate Growth Portfolio	Seeks a high level of total return (consisting of capital
	appreciation and income) consistent with a level of risk that
Investment Adviser: Directed Services LLC	can be expected to be greater than that of ING Retirement
	Moderate Portfolio but less than that of ING Retirement
Asset Allocation Committee	Growth Portfolio.

ING Retirement Moderate Portfolio	Seeks a high level of total return (consisting of capital
	appreciation and income) consistent with a level of risk that
Investment Adviser: Directed Services LLC	can be expected to be greater than that of ING Retirement
	Conservative Portfolio but less than that of ING Retirement
Asset Allocation Committee	Moderate Growth Portfolio.

ING Russell™ Large Cap Growth Index Portfolio	A non-diversified Portfolio that seeks investment results
	(before fees and expenses) that correspond to the total return of
	the Russell Top 200^®Growth Index.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Russell^TMLarge Cap Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of the Russell Top 200^®Index.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Russell™ Large Cap Value Index Portfolio	A non-diversified Portfolio that seeks investment results
	(before fees and expenses) that correspond to the total return of
Investment Adviser: ING Investments, LLC	the Russell Top 200^®Value Index.
Investment Subadviser: ING Investment Management
Co.

ING Russell™ Mid Cap Growth Index Portfolio	A non-diversified Portfolio that seeks investment results
	(before fees and expenses) that correspond to the total return of
	the Russell Midcap^®Growth Index.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Russell^TMMid Cap Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of the Russell Midcap^®Index.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Empire Traditions – 85618


Fund Name and
Investment Adviser/Subadviser	Investment Objective
ING Russell^TMSmall Cap Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of the Russell 2000^®Index.
Investment Adviser: ING Investments, LLC
Investment Subadviser: ING Investment Management
Co.

ING Small Company Portfolio	Seeks growth of capital primarily through investment in a
	diversified portfolio of common stocks of companies with
Investment Adviser: ING Investments, LLC	smaller market capitalizations.
Investment Subadviser: ING Investment Management
Co.

ING Templeton Foreign Equity Portfolio	Seeks long-term capital growth.

Investment Adviser: Directed Services LLC
Investment Subadviser: Templeton Investment Counsel,
LLC

ING Templeton Global Growth Portfolio	Seeks capital appreciation. Current income is only an
	incidental consideration.
Investment Adviser: Directed Services LLC
Investment Subadviser: Templeton Global Advisors
Limited

ING T. Rowe Price Capital Appreciation Portfolio	Seeks, over the long-term, a high total investment return,
	consistent with the preservation of capital and prudent
Investment Adviser: Directed Services LLC	investment risk.
Investment Subadviser: T. Rowe Price Associates, Inc.

ING T. Rowe Price Equity Income Portfolio	Seeks substantial dividend income as well as long-term growth
	of capital.
Investment Adviser: Directed Services LLC
Investment Subadviser: T. Rowe Price Associates, Inc.

ING T. Rowe Price Growth Equity Portfolio	Seeks long-term capital growth, and secondarily, increasing
	dividend income.
Investment Adviser: Directed Services LLC
Investment Subadviser: T. Rowe Price Associates, Inc.

ING T. Rowe Price International Stock Portfolio	Seeks long-term growth of capital.

Investment Adviser: Directed Services LLC
Investment Subadviser: T. Rowe Price Associates, Inc.

ING U.S. Bond Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of the Barclays Capital U.S.
Investment Adviser: ING Investments, LLC	Aggregate Bond Index.
Investment Subadviser: Neuberger Berman Fixed
Income LLC

ING Empire Traditions – 85618

B10

The Hang Seng Index (the “Index”) is published and compiled by Hang Seng Indexes Company Limited pursuant to

a license from Hang Seng Data Services Limited. The mark and name of the Hang Seng Index are proprietary to

Hang Seng Data Services Limited. Hang Seng Indexes Company Limited and Hang Seng Data Services Limited

have agreed to the use of, and reference to, the Index by ING Investments, LLC and ING Investment Management

Co. in connection with ING Hang Seng Index Portfolio (the “Product”), BUT NEITHER HANG SENG INDEXES

COMPANY LIMITED NOR HANG SENG DATA SERVICES LIMITED WARRANTS OR REPRESENTS OR

GUARANTEES TO ANY BROKER OR HOLDER OF THE PRODUCT OR ANY OTHER PERSON: (i) THE

ACCURACY OR COMPLETENESS OF ANY OF THE INDEX AND ITS COMPUTATION OR ANY

INFORMATION RELATED THERETO; OR (ii) THE FITNESS OR SUITABILITY FOR ANY PURPOSE OF

ANY OF THE INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT; OR (iii) THE RESULTS

WHICH MAY BE OBTAINED BY ANY PERSON FROM THE USE OF ANY OF THE INDEX OR ANY

COMPONENT OR DATA COMPRISED IN IT FOR ANY PURPOSE, AND NO WARRANTY OR

REPRESENTATION OR GUARANTEE OF ANY KIND WHATSOEVER RELATING TO THE INDEX IS

GIVEN OR MAY BE IMPLIED.

TO THE EXTENT PERMITTED BY APPLICABLE LAW, NO RESPONSIBILITY OR LIABILITY IS

ACCEPTED BY HANG SENG INDEXES COMPANY LIMITED OR HANG SENG DATA SERVICES

LIMITED: (i) IN RESPECT OF THE USE OF AND/OR REFERENCE TO THE INDEX BY ING

INVESTMENTS, LLC AND ING INVESTMENT MANAGEMENT CO. IN CONNECTION WITH THE

PRODUCT; OR (ii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES OR ERRORS OF HANG SENG

INDEXES COMPANY LIMITED IN THE COMPUTATION OF THE INDEX; OR (iii) FOR ANY

INACCURACIES, OMISSIONS, MISTAKES, ERRORS OR INCOMPLETENESS OF ANY INFORMATION

USED IN CONNECTION WITH THE COMPUTATION OF THE INDEX WHICH IS SUPPLIED BY ANY

OTHER PERSON; OR (iv) FOR ANY ECONOMIC OR OTHER LOSS WHICH MAY BE DIRECTLY OR

INDIRECTLY SUSTAINED BY ANY BROKER OR HOLDER OF THE PRODUCT OR ANY OTHER PERSON

DEALINGWITH THE PRODUCT AS A RESULT OF ANY OF THE AFORESAID, AND NO CLAIMS,

ACTIONS OR LEGAL PROCEEDINGS MAY BE BROUGHT AGAINST HANG SENG INDEXES COMPANY

LIMITED AND/OR HANG SENG DATA SERVICES LIMITED in connection with the Product in any manner

whatsoever by any broker, holder or other person dealing with the Product. Any broker, holder or other person

dealing with the Product does so therefore in full knowledge of this disclaimer and can place no reliance whatsoever

on Hang Seng Indexes Company Limited and Hang Seng Data Services Limited. For the avoidance of doubt, this

disclaimer does not create any contractual or quasi-contractual relationship between any broker, holder or other

person and Hang Seng Indexes Company Limited and/or Hang Seng Data Services Limited and must not be

construed to have created such relationship.

ING Empire Traditions – 85618

B19

APPENDIX C

Fixed Interest Division

A Fixed Interest Division option is available through the group and individual deferred variable annuity contracts

offered by ReliaStar Life Insurance Company of New York (“ReliaStar of NY”). The Fixed Interest Division is part

of the ReliaStar of NY General Account. Interests in the Fixed Interest Division have not been registered under the

Securities Act of 1933, and neither the Fixed Interest Division nor the General Account are registered under the

Investment Company Act of 1940.

Interests in the Fixed Interest Division are offered in certain states through an Offering Brochure, dated April 29,

2011. When reading through the Prospectus, the Fixed Interest Division should be counted among the various

investment options available for the allocation of your premiums. Some restrictions may apply.

You will find more complete information relating to the Fixed Interest Division in the Offering Brochure. Please

read the Offering Brochure carefully before you invest in the Fixed Interest Division.

ING Empire Traditions – 85618

APPENDIX D

Surrender Charge for Excess Withdrawals Example

The following assumes you made an initial premium payment of $10,000 and additional premium payments of

$10,000 in each of the second and third contract years, for total premium payments under the Contract of $30,000.

It also assumes a withdrawal at the end of the third contract year of 30% of the contract value of $35,000 and that

Option Package I was selected.

In this example, $3,500 (10% of contract value) is the maximum free withdrawal amount that you may withdraw

without a surrender charge. The total withdrawal would be $10,500 ($35,000 x .30). Therefore, $7,000 (10,500 –

3,500) is considered an excess withdrawal of a part of the initial premium payment of $10,000 and would be subject

to a 6% surrender charge of $420 ($7,000 x .06). The amount of the withdrawal paid to you will be $10,500, and in

addition, $420 will be deducted from your contract value.

This example does not take into account deduction of any premium taxes.

ING Empire Traditions – 85618

APPENDIX E

Examples of Minimum Guaranteed Income Benefit Calculation


Example 1
									Contract with MGIB			Contract with
						Contract with			Rider between			MGIB Rider
			Contract without			MGIB Rider after			February 2, 2009 and			before February
Age			MGIB Rider			May 1, 2009			May 1, 2009			2, 2009
55	Initial Value	$	100,000		$	100,000		$	100,000		$	100,000
	Accumulation
	Rate		0.00	%		0.00	%		0.00	%		0.00	%
	Rider Charge		0.00	%		0.75	%		0.75	%		0.75	%

65	Contract Value	$	100,000		$	89,746		$	89,188		$	89,188
	Contract
	Annuity Factor		5.49			5.49			5.49			5.49
	Monthly
	Income	$	549.00		$	492.71		$	489.64		$	489.64
	MGIB Rollup		n/a		$	179,085		$	196,715		$	196,715
	MGIB Ratchet		n/a		$	100,000		$	100,000		$	100,000
	MGIB Annuity
	Factor		n/a			4.17			4.17			4.17
	MGIB Income		n/a		$	746.78		$	820.30		$	820.30
	Income	$	549.00		$	746.78		$	820.30		$	820.30
Example 2
55	Initial Value	$	100,000		$	100,000		$	100,000		$	100,000
	Accumulation
	Rate		3.00	%		3.00	%		3.00	%		3.00	%
	Rider Charge		0.00	%		0.75	%		0.75	%		0.75	%

	Contract
65	Value	$	134,392		$	122,674		$	122,065		$	122,065
	Contract
	Annuity
	Factor		5.49			5.49			5.49			5.49
	Monthly
	Income	$	737.81		$	673.48		$	670.13		$	670.13
	MGIB Rollup		n/a		$	179,085		$	196,715		$	196,715
	MGIB
	Ratchet		n/a		$	122,674		$	122,065		$	122,065
	MGIB
	Annuity
	Factor		n/a			4.17			4.17			4.17
	MGIB
	Income		n/a		$	746.78		$	820.30		$	820.30
	Income	$	737.81		$	746.78		$	820.30		$	820.30

ING Empire Traditions – 85618


Example 3
									Contract with MGIB			Contract with
						Contract with			Rider between			MGIB Rider
			Contract without			MGIB Rider after			February 2, 2009 and			before February
Age			MGIB Rider			May 1, 2009			May 1, 2009			2, 2009
55	Initial Value	$	100,000		$	100,000		$	100,000		$	100,000
	Accumulation
	Rate		8.00	%		8.00	%		8.00	%		8.00	%
	Rider Charge		0.00	%		0.75	%		0.75	%		0.75	%

65	Contract Value	$	215,892		$	200,815		$	200,449		$	200,448
	Contract
	Annuity Factor		5.49			5.49			5.49			5.49
	Monthly
	Income	$	1,185.25		$	1,102.47		$	1,100.46		$	1,100.46
	MGIB Rollup		n/a		$	179,085		$	196,715		$	196,715
	MGIB Ratchet		n/a		$	200,815		$	200,449		$	200,448
	MGIB Annuity
	Factor		n/a			4.17			4.17			4.17
	MGIB Income		n/a		$	837.40		$	835.87		$	835.87
	Income	$	1,185.25		$	1,102.47		$	1,100.46		$	1,100.46
Example 4
55	Initial Value	$	100,000		$	100,000		$	100,000		$	100,000
	Accumulation
	Rate		9.78	%		9.78	%		9.78	%		9.78	%
	Rider Charge		0.00	%		0.75	%		0.75	%		0.75	%

	Contract
65	Value	$	254,233		$	236,719		$	236,665		$	236,238
	Contract
	Annuity
	Factor		5.49			5.49			5.49			5.49
	Monthly
	Income	$	1,395.74		$	1,299.59		$	1,299.29		$	1,296.95
	MGIB Rollup		n/a		$	179,085		$	196,715		$	196,715
	MGIB
	Ratchet		n/a		$	236,719		$	236,665		$	236,238
	MGIB
	Annuity
	Factor		n/a			4.17			4.17			4.17
	MGIB
	Income		n/a		$	987.12		$	986.89		$	985.11
	Income	$	1,395.74		$	1,299.59		$	1,299.29		$	1,296.95

The Accumulation Rates shown under “Contract” are hypothetical and intended to illustrate various market

conditions. These rates are assumed to be net of all fees and charges except the rider charge. Fees and charges are

not assessed against the MGIB Rollup Rate.

How the MGIB Rollup and MGIB Ratchet values are determined:

The MGIB Rollup Base is equal to the initial contract value (or initial premium) accumulating at the MGIB Rate of

6% until the MGIB Date (7% for Contracts with the MGIB rider purchased before May 1, 2009). The MGIB Rate is

an annual effective rate. The MGIB Rate for any allocations to the designated Special Fund is 0%.

ING Empire Traditions – 85618

The MGIB Ratchet Base is equal to initial contract value (or initial premium) on the rider date. On each contract
anniversary, the MGIB Ratchet Base is set equal to the greater of: 1) the current contract value; and 2) the MGIB
Ratchet Base on the prior business day.

For example, with a contract accumulation rate of 8% (Example 3), the MGIB Rollup Base and the MGIB Ratchet
Base are determined as follows:


Age		Contract Value		MGIB Rollup		MGIB Ratchet
55	$	100,000	$100,000		$	100,000
56	$	107,199	$106,000 (=$100,000 * (1+6%))		$	107,199
57	$	114,927	$112,360 (=$106,000 * (1+6%))		$	114,927
*		*		*		*
*		*		*		*
*		*		*		*
64	$	187,279	$168,948		$	187,279
65	$	200,815	$179,085 (=$168948 * (1+6%))		$	200,815

For Contracts with the MGIB rider purchased between February 2, 2009 and May 1, 2009, the MGIB Rollup Base
and the MGIB Ratchet Base, with a contract accumulation rate of 8% (Example 3), are determined as follows:


Age		Contract Value		MGIB Rollup		MGIB Ratchet
55	$	100,000	$100,000		$	100,000
56	$	107,195	$107,000 (=$100,000 * (1+7%))		$	107,195
57	$	114,909	$114,490 (=$107,000 * (1+7%))		$	114,909
*		*		*		*
*		*		*		*
*		*		*		*
64	$	186,972	$183,846		$	186,972
65	$	200,449	$196,715 (=$183,846 * (1+7%))		$	200,449

For Contracts with the MGIB rider purchased before February 2, 2009, the MGIB Rollup Base and the MGIB
Ratchet Base, with a contract accumulation rate of 8% (Example 3), are determined as follows:


Age		Contract Value		MGIB Rollup		MGIB Ratchet
55	$	100,000	$100,000		$	100,000
56	$	107,195	$107,000 (=$100,000 * (1+7%))		$	107,195
57	$	114,909	$114,490 (=$107,000 * (1+7%))		$	114,909
*		*		*		*
*		*		*		*
*		*		*		*
64	$	186,972	$183,846		$	186,972
65	$	200,448	$196,715 (=$183,846 * (1+7%))		$	200,448

ING Empire Traditions – 85618

If 50,000 of the initial contract value were allocated to Special Funds, assuming a contract accumulation rate of 8%
(Example 3), the MGIB Rollup Base and the MGIB Ratchet Base are determined as follows:


Age		Contract Value		MGIB Rollup		MGIB Ratchet
55	$	100,000	$100,000		$	100,000
			$103,000 (=$50,000 * (1+6%) +
56	$	107,214	$50,000 * (1+0%))		$	107,214
			$106,180 (=$53,000 * (1+6%) +
57	$	114,963	$50,000 * (1+ 0%))		$	114,963
*		*		*		*
*		*		*		*
*		*		*		*
64	$	187,375	$134,474		$	187,375
			$139,542 (=$84,474 * (1+6%) +
65	$	200,918	$50,000 * (1+0%))		$	200,918

For Contracts with the MGIB rider purchased between February 2, 2009 and May 1, 2009, if 50,000 of the initial
contract value were allocated to Special Funds, assuming a contract accumulation rate of 8% (Example 3), the
MGIB Rollup Base and the MGIB Ratchet Base are determined as follows:


Age		Contract Value		MGIB Rollup		MGIB Ratchet
55	$	100,000	$100,000		$	100,000
			$103,500 (=$50,000 * (1+7%) +
56	$	107,211	$50,000 * (1+0%))		$	107,211
			$107,245 (=$53,500 * (1+7%) +
57	$	114,960	$50,000 * (1+ 0%))		$	114,960
*		*		*		*
*		*		*		*
*		*		*		*
64	$	187,371	$141,923		$	187,371
			$148,358 (=$91,923 * (1+7%) +
65	$	200,913	$50,000 * (1+0%))		$	200,913

For Contracts with the MGIB rider purchased before February 2, 2009, if 50,000 of the initial contract value were
allocated to Special Funds, assuming a contract accumulation rate of 8% (Example 3), the MGIB Rollup Base and
the MGIB Ratchet Base are determined as follows:


Age		Contract Value		MGIB Rollup		MGIB Ratchet
55	$	100,000	$100,000		$	100,000
			$103,500 (=$50,000 * (1+7%) +
56	$	107,206	$50,000 * (1+0%))		$	107,206
			$107,245 (=$53,500 * (1+7%) +
57	$	114,933	$50,000 * (1+ 0%))		$	114,933
*		*		*		*
*		*		*		*
*		*		*		*
64	$	187,079	$141,923		$	187,079
			$148,358 (=$91,923 * (1+7%) +
65	$	200,563	$50,000 * (1+0%))		$	200,563

ING Empire Traditions – 85618

APPENDIX F

ING LifePay Plus and ING Joint LifePay Plus Partial Withdrawal Amount Examples

The following are examples of adjustments to the Maximum Annual Withdrawal amount for withdrawals in excess
of the Maximum Annual Withdrawal:

Illustration 1: Adjustment to the Maximum Annual Withdrawal amount for a withdrawal in excess of the
Maximum Annual Withdrawal, including surrender charges.

Assume the Maximum Annual Withdrawal is $5,000.

The first withdrawal taken during the contract year is $3,000 net, with $500 of surrender charges and premium credit
deduction, if applicable. The Maximum Annual Withdrawal is not exceeded.

The next withdrawal taken during the contract year is $1,500 net, with $300 of surrender charges and premium
credit deduction, if applicable. The Maximum Annual Withdrawal is not exceeded because total net withdrawals,
$4,500, do not exceed the Maximum Annual Withdrawal, $5,000.

The next withdrawal taken during the contract year is $1,500 net, with $200 of surrender charges and premium
credit deduction, if applicable. Because total net withdrawals taken, $6,000, exceed the Maximum Annual
Withdrawal, $5,000, then there is an adjustment to the Maximum Annual Withdrawal.

Total gross withdrawals during the contract year are $7,000 ($3,000 + $500 + $1,500 + $300 + $1,500 + $200). The
adjustment is the lesser of the amount by which the total gross withdrawals for the year exceed the Maximum
Annual Withdrawal ($7,000 - $5,000 = $2,000), and the amount of the current gross withdrawal ($1,500 + 200 =
$1,700. Because total gross withdrawals within the contract year prior to this withdrawal ($5,300) had already
exceeded the Maximum Annual Withdrawal, the entire gross withdrawal is considered an excess withdrawal.

If the Contract Value before this withdrawal is $50,000, then the Maximum Annual Withdrawal is reduced by
3.40% ($1,700 / $50,000) to $4,830 ((1 - 3.40%) * $5,000).

Illustration 2: Adjustment to the Maximum Annual Withdrawal amount for a withdrawal in excess of the
Maximum Annual Withdrawal.

Assume the Maximum Annual Withdrawal is $5,000.

The first withdrawal taken during the contract year is $3,000 net, with $0 of surrender charges and premium credit
deduction, if applicable. The Maximum Annual Withdrawal is not exceeded.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges and premium credit
deduction, if applicable. The Maximum Annual Withdrawal is not exceeded because total net withdrawals, $4,500,
do not exceed the Maximum Annual Withdrawal, $5,000.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges and premium credit
deduction, if applicable. Because total net withdrawals taken, $6,000, exceed the Maximum Annual Withdrawal,
$5,000, there is an adjustment to the Maximum Annual Withdrawal. However, because only $4,500 in gross
withdrawals was taken during the contract year prior to this withdrawal, $500 of the $1,500 gross withdrawal is not
considered excess.

Total gross withdrawals during the contract year are $6,000 ($3,000 + $1,500 + $1,500). The adjustment is the
lesser of the amount by which the total gross withdrawals for the year exceed the Maximum Annual Withdrawal,
$1,000, and the amount of the current gross withdrawal, $1,500.

ING Empire Traditions – 85618

If the Contract Value before this withdrawal is $50,000, and the Contract Value is $49,500 after the part of the gross
withdrawal that was within the Maximum Annual Withdrawal, $500, then the Maximum Annual Withdrawal is
reduced by 2.02% ($1,000 / $49,500) to $4,899 ((1 - 2.02%) * $5,000).

Illustration 3: A withdrawal exceeds the Maximum Annual Withdrawal amount but does not exceed the
Additional Withdrawal Amount.

Assume the Maximum Annual Withdrawal is $5,000. The Required Minimum Distribution for the current calendar
year applicable to this contract is determined to be $6,000. The Additional Withdrawal Amount is set equal to the
excess of this amount above the Maximum Annual Withdrawal, $1,000 ($6,000 - $5,000).

The first withdrawal taken during the contract year is $3,000 net, with $0 of surrender charges and premium credit
deduction, if applicable. The Maximum Annual Withdrawal is not exceeded.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges and premium credit
deduction, if applicable. The Maximum Annual Withdrawal is not exceeded because total net withdrawals, $4,500,
do not exceed the Maximum Annual Withdrawal, $5,000.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges and premium credit
deduction, if applicable. Total net withdrawals taken, $6,000, exceed the Maximum Annual Withdrawal, $5,000,
however, the Maximum Annual Withdrawal is not adjusted until the Additional Withdrawal Amount is exhausted.
The amount by which total net withdrawals taken exceed the Maximum Annual Withdrawal, $1,000 ($6,000 -
$5,000), is the same as the Additional Withdrawal Amount, so no adjustment to the Maximum Annual Withdrawal
is made. If total net withdrawals taken had exceeded the sum of the Maximum Annual Withdrawal and the
Additional Withdrawal Amount, then an adjustment would be made to the Maximum Annual Withdrawal.

Illustration 4: The Additional Withdrawal Amount at the end of the calendar year before it is withdrawn.

Assume the most recent contract date was July 1, 2007 and the Maximum Annual Withdrawal is $5,000. Also
assume RMDs, applicable to this contract, are $6,000 and $5,000 for 2008 and 2009 calendar years respectively.

Between July 1, 2007 and December 31, 2007, a withdrawal of $5,000 is taken which exhausts the Maximum
Annual Withdrawal.

On January 1, 2008, the Additional Withdrawal Amount is set equal to the excess of the 2008 RMD above the
existing Maximum Annual Withdrawal, $1,000 ($6,000 - $5,000. Note that the Maximum Annual Withdrawal has
been exhausted however is still used to calculate the Additional Withdrawal Amount.

The owner now has until December 31, 2009 to take the newly calculated Additional Withdrawal Amount of
$1,000. The owner decides not to take the Additional Withdrawal Amount of $1,000 in 2008.

On January 1, 2009, the Additional Withdrawal Amount is set equal to the excess of the 2009 RMD above the
existing Maximum Annual Withdrawal, $0 ($5,000 - $5,000). Note that the Additional Withdrawal Amount of
$1,000 from the 2008 calendar year carries over into the 2009 calendar year and is available for withdrawal.

Illustration 5: The Reset Occurs.

Assume the Maximum Annual Withdrawal is $5,000 and the Maximum Annual Withdrawal percentage is 5%.

One year after the first withdrawal is taken, the contract value has increased to $120,000, and the Reset occurs. The
Maximum Annual Withdrawal is now $6,000 ($120,000 * 5%).

One year after the Reset, the contract value has increased further to $130,000. The Reset occurs again, and the
Maximum Annual Withdrawal is now $6,500 ($130,000 * 5%).

ING Empire Traditions – 85618

If the contract value has fallen to $100,000 on the next contract anniversary (quarterly contract anniversary if the
rider was purchased before February 2, 2009), the Reset will not occur and the Maximum Annual Withdrawal would
not be recalculated.

Illustration 6: The Reset from Guaranteed Withdrawal Status into Lifetime Guaranteed Withdrawal Status.

Assume the first withdrawal is taken in the first contract year when the Annuitant is age 56, thus beginning the
Withdrawal Phase in Guaranteed Withdrawal Status. Also assume that at the time of the first withdrawal, the
LifePay Plus Base is $100,000 before the withdrawal and the Maximum Annual Withdrawal is $5,000 ($100,000 *
5%).

Withdrawals are also taken from the contract in an amount equal to the MAW at the beginning of each of the next
three contract years, each withdrawal resulting in a dollar for dollar reduction to the LifePay Plus Base.

After the withdrawal is taken at the beginning of the fourth contract year, the Annuitant is now age 59 ½, the MAW
is still $5,000, and the LifePay Plus Base has been reduced to $80,000.

On the quarterly contract anniversary following the date the Annuitant reaches age 59 ½, the rider will enter
Lifetime Guaranteed Withdrawal Status and the MAW will be recalculated to equal the appropriate MAW% times
the current MGWB Base, or $4,000 ($80,000 * 5%).

Illustration 7: A withdrawal exceeds the Maximum Annual Withdrawal amount and the Additional
Withdrawal Amount.

Assume the Maximum Annual Withdrawal is $5,000. The Required Minimum Distribution for the current calendar
year applicable to this contract is determined to be $6,000. The Additional Withdrawal Amount is set equal to the
excess of this amount above the Maximum Annual Withdrawal, $1,000 ($6,000 - $5,000).

The first withdrawal taken during the contract year is $3,000 net, with $0 of surrender charges. The Maximum
Annual Withdrawal is not exceeded.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges. The Maximum
Annual Withdrawal is not exceeded because total net withdrawals, $4,500, do not exceed the Maximum Annual
Withdrawal, $5,000.

The next withdrawal taken during the contract year is $3,500 net, with $0 of surrender charges. Total net
withdrawals taken, $8,000, exceed the sum of the Maximum Annual Withdrawal and the Additional Withdrawal
Amount, $6,000, and there is an adjustment to the Maximum Annual Withdrawal.

Total gross withdrawals during the contract year are $8,000 ($3,000 + $1,500 + $3,500). The adjustment is the
lesser of the amount by which the total gross withdrawals for the year exceed the sum of the Maximum Annual
Withdrawal and the Additional Withdrawal Amount ($8,000 - $6,000 = $2,000), and the amount of the current gross
withdrawal ($3,500).

If the Contract Value before this withdrawal is $50,000, and the Contract Value is $48,500 after the part of the gross
withdrawal that was within the Maximum Annual Withdrawal, $1,500, then the Maximum Annual Withdrawal is
reduced by 4.12% ($2,000 / $48,500) to $4,794 ((1 - 4.12%) * $5,000).

Illustration 8: Adjustment to the Maximum Annual Withdrawal amount for a withdrawal in excess of the
Maximum Annual Withdrawal.

Assume the Maximum Annual Withdrawal is $5,000.

The first withdrawal taken during the contract year is $3,000 net, with $0 of surrender charges. The Maximum

Annual Withdrawal is not exceeded.

ING Empire Traditions – 85618

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges. The Maximum
Annual Withdrawal is not exceeded because total net withdrawals, $4,500, do not exceed the Maximum Annual
Withdrawal, $5,000.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges. Because total net
withdrawals taken, $6,000, exceed the Maximum Annual Withdrawal, $5,000, there is an adjustment to the
Maximum Annual Withdrawal. However, because only $4,500 in gross withdrawals was taken during the contract
year prior to this withdrawal, $500 of the $1,500 gross withdrawal is not considered excess.

Total gross withdrawals during the contract year are $6,000 ($3,000 + $1,500 + $1,500). The adjustment is the lesser
of the amount by which the total gross withdrawals for the year exceed the Maximum Annual Withdrawal, $1,000,
and the amount of the current gross withdrawal, $1,500.

If the Contract Value after the part of the gross withdrawal that was within the Maximum Annual Withdrawal, $500,
is $49,500, then the Maximum Annual Withdrawal is reduced by 2.02% ($1,000 / $49,500) to $4,899 ((1 - 2.02%)
* $5,000).

Another withdrawal is taken during that same contract year in the amount of $400 net, with $100 of surrender
charges. Total gross withdrawals during the contract year are $6,500 ($3,000 + $1,500 + $1,500 + $500). The
adjustment to the MAW is the lesser of the amount by which the total gross withdrawals for the year exceed the
Maximum Annual Withdrawal, $1,500, and the amount of the current gross withdrawal, $500.

If the Contract Value before this withdrawal is $48,500, then the Maximum Annual Withdrawal is reduced by
1.03% ($500 / $48,500) to $4,849 ((1 – 1.03%) * $4,899).

ING Empire Traditions – 85618

APPENDIX G

Examples of Fixed Allocation Funds Automatic Rebalancing

The following examples are designed to assist you in understanding how Fixed Allocation Funds Automatic
Rebalancing works. The examples assume that there are no investment earnings or losses.

I. Subsequent Payments

A. Assume that on Day 1, an owner deposits an initial payment of $100,000, which is allocated 100% to Accepted
Funds. No Fixed Allocation Funds Automatic Rebalancing would occur, because this allocation meets the required
investment option allocation.

B. Assume that on Day 2, the owner deposits an additional payment of $500,000, bringing the total contract value
to $600,000, and allocates this deposit 100% to Other Funds. Because the percentage allocated to the Fixed
Allocations Funds (0%) is less than 30% of the total amount allocated to the Fixed Allocation Funds and the Other
Funds, we will automatically reallocate $150,000 from the amount allocated to the Other Funds (30% of the
$500,000 allocated to the Other Funds) to the Fixed Allocation Funds. Your ending allocations will be $100,000 to
Accepted Funds, $150,000 to the Fixed Allocation Funds, and $350,000 to Other Funds.

II. Partial Withdrawals

A. Assume that on Day 1, an owner deposits an initial payment of $100,000, which is allocated 65% to Accepted
Funds ($65,000), 30% to the Fixed Allocation Funds ($30,000), and 5% to Other Funds ($5,000). No Fixed
Allocation Funds Automatic Rebalancing would occur, because this allocation meets the required investment option
allocation.

B. Assume that on Day 2, the owner requests a partial withdrawal of $29,000 from the Fixed Allocation Funds.
Because the remaining amount allocated to the Fixed Allocation Funds ($1,000) is less than 30% of the total amount
allocated to the Fixed Allocation Funds and the Other Funds, we will automatically reallocate $800 from the Other
Funds to the Fixed Allocation Funds, so that the amount allocated to the Fixed Allocation Funds ($1,800) is 30% of
the total amount allocated to the Fixed Allocation Funds and Other Funds ($6,000).

ING Empire Traditions – 85618

APPENDIX H

ING LifePay and ING Joint LifePay

(Available for Contracts issued on and after September 4, 2007 through January 28, 2008.)

ING LifePay Minimum Guaranteed Withdrawal Benefit (ING LifePay) Rider. The ING LifePay rider
generally provides, subject to the restrictions and limitations below, that we will guarantee a minimum level of
annual withdrawals from the Contract for the life of the annuitant, even if these withdrawals deplete your Contract
value to zero. You may wish to purchase this rider if you are concerned that you may outlive your income.

Purchase. In order to elect the ING LifePay rider, the annuitant must be the owner or one of the owners, unless
the owner is a non-natural owner. Joint annuitants are not allowed. The minimum issue age is 55 and the maximum
issue age is 80. The issue age is the age of the owner (or the annuitant if there are joint owners or the owner is non-
natural) on the Contract anniversary on which the rider is effective. Some broker-dealers may not offer the ING
LifePay rider, or may limit the maximum issue age to ages younger than age 80, but in no event lower than age 55.
We reserve the right to change the minimum or maximum issue ages on a nondiscriminatory basis. The ING
LifePay rider is available for Contracts issued on and after November 1, 2004 that do not already have a living
benefit rider. The ING LifePay rider will not be issued if the initial allocation to investment options is not in
accordance with the investment option restrictions described in “Investment Option Restrictions,” below. Also, the
ING LifePay rider will not be issued if any contract value is allocated to a Fixed Interest Division, nor may you
subsequently allocate contract value to a Fixed Interest Division. The Company in its discretion may allow the rider
to be elected during the 30-day period preceding a Contract anniversary. Such election must be received in good
order, including compliance with the investment restrictions described below. The rider will be effective as of that
Contract anniversary.

Rider Date. The rider date is the date the ING LifePay rider becomes effective. If you purchase the ING
LifePay rider when the Contract is issued, the rider date is also the Contract date.

Charge. The charge for the ING LifePay rider is as follows:


Current Annual Charge	Maximum Annual Charge if Reset Option
(Charge Deducted Quarterly)	Elected
0.50% of the contract value	1.20% of the contract value

We deduct the quarterly charge in arrears based on the contract date (contract year versus calendar year). In

arrears means the first charge is deducted at the end of the first quarter from the contract date. If the rider is

added after contract issue, the charges will still be deducted on quarterly contract anniversaries, but the first

charge will be pro-rated based on what is owed at the time the rider is added through the contract quarter end.

Similarly, the charge is pro-rated based on what is owed at the time the rider is terminated. Charges are

deducted during the period starting on the rider date and up to your rider’s Lifetime Automatic Periodic Benefit

Status. Lifetime Automatic Periodic Benefit Status occurs if your contract value is reduced to zero and other

conditions are met. We may increase the charge for this rider if you elect the reset option after your first five

contract years, but subject to the maximum annual charge. For more information about how this rider works,

including when Lifetime Automatic Periodic Benefit Status begins, please see “Living Benefit Riders – ING

LifePay Minimum Guaranteed Withdrawal Benefit Rider.”

No Cancellation. Once you purchase the ING LifePay rider, you may not cancel it unless you: a) cancel the

Contract during the Contract’s free look period; b) surrender the Contract; c) begin the income phase and start

receiving annuity payments; or d) otherwise terminate the Contract pursuant to its terms. These events

automatically cancel the ING LifePay rider.

ING Empire Traditions – 85618


Termination. The ING LifePay rider is a “living benefit” which means the guaranteed benefits offered are
intended to be available to you while you are living and while your Contract is in the accumulation phase. The
optional rider automatically terminates if you:

1	)	annuitize or terminate your Contract pursuant to its terms during the accumulation phase, surrender
		your Contract, or begin receiving annuity payments under the ING LifePay rider; or

2	)	die during the accumulation phase (first owner to die if there are multiple Contract owners, or death of
		annuitant if Contract owner is not a natural person), unless your spouse beneficiary elects to continue
		the Contract.

The ING LifePay rider will also terminate if there is a change in Contract ownership (other than a spousal
beneficiary continuation on your death). Other circumstances that may cause the ING LifePay rider to
terminate automatically are discussed below.

How the ING LifePay Rider Works. The ING LifePay rider has both phases and statuses. Through the
lifetime of the ING LifePay rider, you will be in one of two phases: the Growth Phase or the Withdrawal Phase. As
detailed below, the Growth Phase begins on the effective date of the rider and ends as of the business day before you
take your first withdrawal, or before you begin to receive annuity payments. The Growth Phase is subject to the
latest date for annuitization allowed under your Contract. See “The Income Phase – Restrictions on Start Dates and
the Duration of Payments.” During the Growth Phase, no benefits under the ING LifePay rider are being paid out;
rather, during the Growth Phase, premiums and investment growth under your Contract continue to accumulate.
The Withdrawal Phase follows the Growth Phase and begins once you take your first withdrawal or annuity
payment, whichever occurs first. During the Withdrawal Phase, you may withdraw guaranteed amounts from your
Contract, subject to the terms and conditions noted in this section.

During the life of the rider, it will also be treated as in one of two statuses: Lifetime Guaranteed Withdrawal Status
or Lifetime Automatic Periodic Benefit Status. Together, these statuses operate to fulfill the rider’s withdrawal
guarantee. Lifetime Guaranteed Withdrawal Status begins on the date the rider is issued and continues until certain
circumstances occur as noted in “Lifetime Guaranteed Withdrawal Status,” below. Lifetime Automatic Periodic
Benefit Status is a status that only begins if your contract value is depleted to zero for reasons other than
withdrawals that exceed the Maximum Annual Withdrawal, as discussed more thoroughly below. In Lifetime
Automatic Periodic Benefit Status, you are no longer entitled to make withdrawals. Instead, under the ING LifePay
rider, you will begin to receive periodic payments in an annual amount equal to the Maximum Annual Withdrawal.
If your contract value is depleted because of withdrawals that exceed the Maximum Annual Withdrawal, then the
Contract and the ING LifePay rider will terminate without value. While all riders begin in Lifetime Guaranteed
Withdrawal Status, not all riders will enter Lifetime Automatic Periodic Benefit Status.

Benefits paid under the ING LifePay rider require the calculation of the Maximum Annual Withdrawal. The ING
LifePay Base (referred to as the “MGWB Base” in the Contract) is used to determine the Maximum Annual
Withdrawal and is calculated as follows:


1	)	If you purchased the ING LifePay rider on the Contract date, the initial ING LifePay Base is equal to
		the initial premium, plus premium credits.

2	)	If you purchased the ING LifePay rider after the Contract date, the initial ING LifePay Base is equal to
		the Contract value on the effective date of the rider.

3	)	The initial ING LifePay Base is increased dollar-for-dollar by any premiums received during the
		Growth Phase and premium credits, if applicable (“eligible premiums”). The ING LifePay Base is also
		increased to equal the Contract value if the Contract value is greater than the current ING LifePay
		Base, on each Contract quarterly anniversary after the effective date of the rider and during the Growth
		Phase. The ING LifePay Base has no additional impact on the calculation of annuity payments or
		withdrawal benefits.

ING Empire Traditions – 85618

Currently, any additional premiums paid during the Withdrawal Phase are not eligible premiums for purposes of
determining the ING LifePay Base or the Maximum Annual Withdrawal; however, we reserve the right to treat such
premiums as eligible premiums at our discretion, in a nondiscriminatory manner. Premiums received during the
Withdrawal Phase do increase the Contract value used to determine the reset Maximum Annual Withdrawal if you
choose to reset the ING LifePay rider (see “ING LifePay Reset Option,” below). We reserve the right to discontinue
allowing premium payments during the Withdrawal Phase.

Lifetime Guaranteed Withdrawal Status. This status begins on the effective date of the rider and continues
until the earliest of:


1	)	the date annuity payments begin (see “The Income Phase”);
2	)	reduction of the contract value to zero by a withdrawal in excess of the Maximum Annual Withdrawal;
3	)	reduction of the contract value to zero by a withdrawal less than or equal to the Maximum Annual
		Withdrawal;
4	)	the surrender of the Contract; or
5	)	the death of the owner (first owner, in the case of joint owners, or the annuitant, in the case of a
		custodial IRA), unless your spouse beneficiary elects to continue the Contract.

The rider’s status changes to Lifetime Automatic Periodic Benefit Status in the event contract value is reduced to
zero for a reason other than a withdrawal in excess of the Maximum Annual Withdrawal, including due to poor
market performance. In Lifetime Automatic Periodic Benefit Status, other than the payments as provided under the
ING LifePay rider, the Contract will provide no further benefits (including death benefits). If contract value is
reduced to zero by a withdrawal in excess of the Maximum Annual Withdrawal, the Contract and rider will
terminate without value. For more information about the effect of a withdrawal reducing the contract value to zero,
please see “Lifetime Automatic Periodic Benefit Status,” below. As described below, certain features of the ING
LifePay rider may differ depending on whether you are in Lifetime Guaranteed Withdrawal Status.

Determination of the Maximum Annual Withdrawal. The Maximum Annual Withdrawal is determined
on the date the Withdrawal Phase begins. It equals a percentage of the greater of 1) the Contract value and 2)
the ING LifePay Base as of the last day of the Growth Phase. The first withdrawal after the effective date of the
rider (which causes the end of the Growth Phase) is treated as occurring on the first day of the Withdrawal
Phase, immediately after calculation of the Maximum Annual Withdrawal. The Maximum Annual Withdrawal
percentage, which varies by age of the annuitant on the date the Withdrawal Phase begins, is as follows:


		Maximum Annual
Annuitant Age		Withdrawal Percentage
55-64		4	%
65-75		5	%
76-80		6	%
81	+	7	%

Once determined, the Maximum Annual Withdrawal percentage never changes for the Contract, except as
provided for under spousal continuation. See “Continuation After Death – Spouse,” below. This is important to
keep in mind in deciding when to take your first withdrawal because the younger you are at that time, the lower
the Maximum Annual Withdrawal percentage.

If the ING LifePay rider is in the Growth Phase, and the annuity commencement date is reached, the rider will
enter the Withdrawal Phase and annuity payments will begin. In lieu of the annuity options under the Contract,
you may elect a life only annuity option under which we will pay the greater of the annuity payout under the
Contract and equal annual payments of the Maximum Annual Withdrawal.

ING Empire Traditions – 85618

Whether the Maximum Annual Withdrawal is subject to change depends on the extent of your withdrawals.
The amount of your withdrawal or withdrawals in a contract year that, when added together, do not exceed the
Maximum Annual Withdrawal do not reduce the Maximum Annual Withdrawal. However, if the total amount
of your withdrawals in any Contract year exceeds the Maximum Annual Withdrawal, then the Maximum
Annual Withdrawal will be reduced in the same proportion as the contract value is reduced by the amount of the
excess withdrawal.

For this purpose, an excess withdrawal is the lesser of the amount by which your total withdrawals in a Contract
year exceed the Maximum Annual Withdrawal and the amount of your present request for a withdrawal. The
amount of any applicable premium credit deduction (recapture) or surrender charges are not included in
determining whether the total amount of your withdrawals in a Contract year exceeds the Maximum Annual
Withdrawal and triggers a pro-rata reduction. However, in the event that the Maximum Annual Withdrawal is
to be subject to a pro-rata reduction because of an excess withdrawal, the amount by which the Maximum
Annual Withdrawal will be reduced will include any premium credit deduction and surrender charges. See
Illustrations 1 and 2 below for examples of this concept.

Required Minimum Distributions. Withdrawals taken from the Contract to satisfy the Required
Minimum Distribution rules of the Tax Code are considered withdrawals for purposes of the ING LifePay rider
and will begin the Withdrawal Phase if the Withdrawal Phase has not already started. Any such withdrawal,
which exceeds the Maximum Annual Withdrawal for a specific Contract year, will not be deemed excess
withdrawals in that Contract year for purposes of the ING LifePay rider, subject to the following rules:


1	)	If your Required Minimum Distribution for a calendar year (determined on a date on or before January
		31 of that year), applicable to this Contract, is greater than the Maximum Annual Withdrawal on that
		date, an Additional Withdrawal Amount will be set equal to that portion of the Required Minimum
		Distribution that exceeds the Maximum Annual Withdrawal.

2	)	Once you have taken the Maximum Annual Withdrawal for the then current Contract year, the dollar
		amount of any additional withdrawals will count against and reduce the Additional Withdrawal
		Amount without being deemed an excess withdrawal.

3	)	In the event of any withdrawals that exceed both the Maximum Annual Withdrawal and the Additional
		Withdrawal Amount, the dollar amount of these withdrawals will be deemed excess withdrawals that
		cause the Maximum Annual Withdrawal to be reduced on a pro-rata basis, as described above.

4	)	The Additional Withdrawal Amount is available on a calendar year basis and recalculated every
		January, reset to equal that portion of the Required Minimum Distribution for that calendar year that
		exceeds the Maximum Annual Withdrawal on that date. Any unused amount of the Additional
		Withdrawal Amount does not carry over into the next calendar year.

5	)	The ING LifePay rider cannot accommodate any grace periods allowed for Required Minimum
		Distributions pursuant to the Tax Code.

6	)	The Additional Withdrawal Amount does not change in the event you choose to reset the Maximum
		Annual Withdrawal Amount. See “ING LifePay Reset Option” below. The Additional Withdrawal
		Amount is only subject to change when the Additional Withdrawal Amount is reset as described
		above.

ING Empire Traditions – 85618

Lifetime Automatic Periodic Benefit Status. If the Contract value is reduced to zero by a withdrawal in
excess of the Maximum Annual Withdrawal, the Contract and the rider will terminate without value due to the
pro-rata reduction described in “Determination of the Maximum Annual Withdrawal,” above.

If the Contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal while the rider is in Lifetime Guaranteed Withdrawal Status, the rider will enter Lifetime
Automatic Periodic Benefit Status and you are no longer entitled to make withdrawals. Instead, under the ING
LifePay rider, you will begin to receive periodic payments in an annual amount equal to the Maximum Annual
Withdrawal.

When the rider enters Lifetime Automatic Periodic Benefit Status:


1	)	Other than as provided under the ING LifePay rider, the Contract will provide no further benefits
		(including death benefits);
2	)	no further premium payments will be accepted; and
3	)	any other riders attached to the Contract will terminate, unless otherwise specified in that rider.

During Lifetime Automatic Periodic Benefit Status, we will pay you periodic payments in an annual amount
that is equal to the Maximum Annual Withdrawal. These payments will cease upon the death of the annuitant at
which time both the rider and the Contract will terminate. The rider will remain in Lifetime Automatic Periodic
Benefit Status until it terminates without value upon the annuitant’s death.

If when the ING LifePay rider enters Lifetime Automatic Periodic Benefit Status your net withdrawals to date
are less than the Maximum Annual Withdrawal for that contract year, then we will pay you the difference
immediately. The periodic payments will begin on the last day of the first full Contract year following the date
the rider enters Lifetime Automatic Periodic Benefit Status and will continue to be paid annually thereafter.

You may elect to receive systematic withdrawals pursuant to the terms of the Contract. Under a systematic
withdrawal, either a fixed amount or an amount based upon a percentage of the contract value will be
withdrawn from your contract and paid to you on a scheduled basis, either monthly, quarterly or annually. If, at
the time the rider enters Lifetime Automatic Periodic Benefit Status, you are receiving systematic withdrawals
under the Contract more frequently than annually, the periodic payments will be made at the same frequency in
equal amounts such that the sum of the payments in each Contract year will equal the annual Maximum Annual
Withdrawal. Such payments will be made on the same payment dates as previously set up, if the payments
were being made monthly or quarterly. If the payments were being made semi-annually or annually, the
payments will be made at the end of the half-Contract year or Contract year, as applicable.

ING LifePay Reset Option. Beginning one year after the Withdrawal Phase begins, you may choose to
reset the Maximum Annual Withdrawal when the Maximum Annual Withdrawal, as recalculated, would be
greater than your current Maximum Annual Withdrawal, based on the applicable Maximum Annual Withdrawal
percentage times Contract value. You must elect to reset by a request in a form satisfactory to us. On the date
the request is received (the “Reset Effective Date”), the Maximum Annual Withdrawal will increase to be equal
to the applicable Maximum Annual Withdrawal percentage times the Contract value on the Reset Effective
Date. (For your Maximum Annual Withdrawal percentage, see “Determination of the Maximum Annual
Withdrawal” above.) The reset option is only available when the rider is in Lifetime Guaranteed Withdrawal
Status. We reserve the right to limit resets to the contract anniversary.

After exercising the reset option, you must wait one year before electing to reset again. We will not accept a
request to reset if the new Maximum Annual Withdrawal on the date the request is received would be less than
your current Maximum Annual Withdrawal.

ING Empire Traditions – 85618

If the reset option is exercised, the charge for the ING LifePay rider will be equal to the charge then in effect for
a newly purchased rider but will not exceed the maximum annual charge of 1.20%. However, we guarantee that
the rider charge will not increase for resets exercised within the first five contract years. See Illustration 4
below.

Investment Option Restrictions. While the ING LifePay rider is in effect, there are limits on the portfolios to
which your Contract value may be allocated. Contract value allocated to portfolios other than Accepted Funds will
be rebalanced so as to maintain at least 20% of such Contract value in the Fixed Allocation Funds. See “Fixed
Allocation Funds Automatic Rebalancing,” below. We have these restrictions to mitigate the insurance risk inherent
in our guarantees with this rider. We require this allocation regardless of your investment instructions to the
Contract. The timing of when and how we apply these restrictions is discussed further below.


Accepted Funds. Currently, the Accepted Funds are:

BlackRock Global Allocation V.I. Fund	ING Retirement Conservative Portfolio
ING American Funds Asset Allocation Portfolio	ING Retirement Growth Portfolio
ING American Funds World Allocation Portfolio	ING Retirement Moderate Growth Portfolio
ING Invesco Van Kampen Equity and Income	ING Retirement Moderate Portfolio
Portfolio
ING Liquid Assets Portfolio	ING T. Rowe Price Capital Appreciation Portfolio
ING MFS Total Return Portfolio	Fixed Interest Allocation
ING Oppenheimer Active Allocation Portfolio

If this rider was purchased before February 2, 2009, the following are additional Accepted Funds:

ING Franklin Templeton Founding Strategy Portfolio
ING WisdomTree^SMGlobal High-Yielding Equity Index Portfolio

We may change these designations at any time upon 30 days notice to you. If a change is made, the change
will apply to Contract value allocated to such portfolios after the date of the change.

Fixed Allocation Funds. Currently, the Fixed Allocation Funds are:

ING American Funds Bond Portfolio	ING PIMCO Total Return Bond Portfolio
ING BlackRock Inflation Protected Bond Portfolio	ING U.S. Bond Index Portfolio
ING Intermediate Bond Portfolio

You may allocate contract value to one or more of the Fixed Allocation Funds. We consider the ING
Intermediate Bond Portfolio to be the default Fixed Allocation Fund with Fixed Allocation Funds
Automatic Rebalancing.

Other Funds. All portfolios available under the Contract other than the Accepted Funds or Fixed
Allocation Funds are considered Other Funds.

Fixed Allocation Funds Automatic Rebalancing. If the Contract value in the Fixed Allocation Funds is
less than 20% of the total Contract value allocated to both the Fixed Allocation Funds and Other Funds on any
ING LifePay Rebalancing Date, we will automatically rebalance the Contract value allocated to the Fixed
Allocation Funds and Other Funds so that 20% of this amount is allocated to the Fixed Allocation Funds.
Accepted Funds are excluded from Fixed Allocation Funds Automatic Rebalancing. Any rebalancing is done
on a pro-rata basis from the Other Funds to the Fixed Allocation Funds and will be the last transaction
processed on that date. The ING LifePay Rebalancing Dates occur on each Contract anniversary and after the
following transactions:

ING Empire Traditions – 85618


1	)	receipt of additional premiums;
2	)	transfer or reallocation among the Fixed Allocation Funds or Other Funds, whether automatic or
		specifically directed by you;
3	)	withdrawals from a Fixed Allocation Fund or Other Fund.

Fixed Allocation Funds Automatic Rebalancing is separate from any other automatic rebalancing under the
Contract. However, if the other automatic rebalancing under the Contract causes the allocations to be out of
compliance with the investment option restrictions noted above, Fixed Allocation Funds Automatic
Rebalancing will occur immediately after the automatic rebalancing to restore the required allocations. See
“Appendix G – Examples of Fixed Allocation Funds Automatic Rebalancing.” You will be notified that Fixed
Allocation Funds Automatic Rebalancing has occurred, along with your new allocations by a confirmation
statement that will be mailed to you after Fixed Allocation Funds Automatic Rebalancing has occurred.

In certain circumstances, Fixed Allocation Funds Automatic Rebalancing may result in a reallocation into the
Fixed Allocation Funds even if you have not previously been invested in them. See “Appendix G – Examples
of Fixed Allocation Funds Automatic Rebalancing, Example I.” By electing to purchase the ING LifePay
rider, you are providing the Company with direction and authorization to process these transactions,
including reallocations into the Fixed Allocation Funds. You should not purchase the ING LifePay rider
if you do not wish to have your Contract value reallocated in this manner.

Death of Owner or Annuitant. The ING LifePay rider and charges terminate on the earlier of:


1	)	if the rider is in Lifetime Guaranteed Withdrawal status, the date of receipt of due proof of death
		(“claim date”) of the owner (or in the case of joint owners, the first owner) or the annuitant if there
		is a non-natural owner; or

2	)	the date the rider enters Lifetime Automatic Periodic Benefit status.

Under 1), above, the rider terminates on the death of the first owner, even if the owner is not the annuitant.
Thus, you should not purchase this rider with multiple owners, unless the owners are spouses. Under 2),
above, we will continue to pay the periodic payments that the owner was receiving under the LifePay rider to
the annuitant. No other death benefit is payable in this situation.

Continuation After Death – Spouse. If the surviving spouse of the deceased owner continues the
Contract (see “Death Benefit Choices – Continuation After Death – Spouse”), the rider will also continue,
provided the following conditions are met:


1	)	The spouse is at least 55 years old on the date the Contract is continued; and
2	)	The spouse becomes the annuitant and sole owner.


If the rider is in the Growth Phase at the time of spousal continuation:
1	)	The rider will continue in the Growth Phase;
2	)	On the date the rider is continued, the ING LifePay Base will be reset to equal the greater of the
		ING LifePay Base and the then current Contract value;
3	)	The ING LifePay charges will restart and be the same as were in effect prior to the claim date; and
4	)	The Maximum Annual Withdrawal percentage will be determined as of the date of the first
withdrawal, whenever it occurs, and will be based on the spouse’s age on that date.

ING Empire Traditions – 85618


If the rider is in the Withdrawal Phase at the time of spousal continuation:

1	)	The rider will continue in the Withdrawal Phase.

2	)	On the Contract anniversary following the date the rider is continued:

		(a)	If the surviving spouse was not the annuitant before the owner’s death, the Maximum Annual
			Withdrawal is recalculated by multiplying the Contract value on that Contract anniversary by
			the Maximum Annual Withdrawal percentage based on the surviving spouse’s age on that
			Contract anniversary. The Maximum Annual Withdrawal is considered to be zero until this
			recalculation, so withdrawals pursuant to the rider cannot be utilized. Withdrawals are
			permitted pursuant to the other provisions of the Contract. In other words, withdrawals
			during this time will not be subject to the guarantees of this rider. Withdrawals causing the
			Contract value to fall to zero will terminate the Contract and the rider.

		(b)	If the surviving spouse was the annuitant before the owner’s death, the Maximum Annual
			Withdrawal is recalculated as the greater of the Maximum Annual Withdrawal on the claim
			date (adjusted for excess withdrawals thereafter) and the Maximum Annual Withdrawal
			resulting from multiplying the Contract value on that Contract anniversary by the Maximum
			Annual Withdrawal percentage. The Maximum Annual Withdrawal does not go to zero on
			the claim date, which is the date of receipt of due proof of death, and withdrawals may
			continue under the rider provisions.


3	)	The rider charges will restart on the Contract anniversary following the date the rider is continued
		and will be the same as were in effect prior to the claim date.


Effect of ING LifePay Rider on Death Benefit. If you die before Lifetime Automatic Periodic Benefit
Status begins under the ING LifePay rider, the death benefit is payable, but the rider terminates. However, if
the beneficiary is the owner’s spouse, and the spouse elects to continue the Contract, the death benefit is not
payable until the spouse’s death. Thus, you should not purchase this rider with multiple owners, unless the
owners are spouses. See “Death of Owner or Annuitant” and “Continuation After Death – Spouse” above for
further information.

While in Lifetime Automatic Periodic Benefit Status, if the owner who is not the annuitant dies, we will
continue to pay the periodic payments that the owner was receiving under the ING LifePay rider until the death
of the annuitant. While in Lifetime Automatic Periodic Benefit Status, if an owner who is also the annuitant
dies, the periodic payments will stop. No other death benefit is payable.

Change of Owner or Annuitant. Other than as provided above under “Continuation After Death- Spouse,”
you may not change the annuitant. The rider and rider charges will terminate upon change of owner, including
adding an additional owner, except for the following ownership changes:

1	)	spousal continuation as described above;

2	)	change of owner from one custodian to another custodian;

3	)	change of owner from a custodian for the benefit of an individual to the same individual;

4	)	change of owner from an individual to a custodian for the benefit of the same individual;

5	)	collateral assignments;

6	)	change in trust as owner where the individual owner and the grantor of the trust are the same
		individual;

ING Empire Traditions – 85618


7	)	change of owner from an individual to a trust where the individual owner and the grantor of the trust
		are the same individual; and

8	)	change of owner from a trust to an individual where the individual owner and the grantor of the trust
		are the same individual.

Surrender Charges. If you elect the ING LifePay rider, the amount of your withdrawals will be subject to
surrender charges and any recapture of credits if they exceed the free withdrawal amount. However, once your
Contract value is zero, the periodic payments under the ING LifePay rider are not subject to surrender charges, nor
will these amounts be subject to any other charges under the Contract. See Appendix H for examples.

Loans. No loans are permitted on Contracts with the ING LifePay rider.

Taxation. For more information about the tax treatment of amounts paid to you under the ING LifePay rider,
see “Federal Tax Considerations – Tax Consequences of Living Benefits and Death Benefit.”

ING Joint LifePay Minimum Guaranteed Withdrawal Benefit (ING Joint LifePay) Rider. The ING Joint
LifePay rider generally provides, subject to the restrictions and limitations below, that we will guarantee a minimum
level of annual withdrawals from the Contract for the lifetime of both you and your spouse, even if these
withdrawals deplete your contract value to zero. You may wish to purchase this rider if you are married and are
concerned that you and your spouse may outlive your income.

Purchase. The ING Joint LifePay rider is only available for purchase by individuals who are married at the
time of purchase and eligible to elect spousal continuation (as defined by the Tax Code) when the death benefit
becomes payable. We refer to these individuals as spouses. Certain ownership, annuitant, and beneficiary
designations are required in order to purchase the ING Joint LifePay rider. See “Ownership, Annuitant and
Beneficiary Requirements,” below.

The minimum issue age is 55 and the maximum issue age is 80. Both spouses must meet these issue age
requirements on the contract anniversary on which the ING Joint LifePay rider is effective. The issue age is the age
of the owners on the Contract anniversary on which the rider is effective. Some broker dealers may not offer the
ING Joint LifePay rider, or may limit the maximum issue age to ages younger than age 80, but in no event lower
than age 55. We reserve the right to change the minimum or maximum issue ages on a nondiscriminatory basis.
The ING Joint LifePay rider is available for Contracts issued on and after November 1, 2004 that do not already
have a living benefit rider. The ING Joint LifePay rider will not be issued if the initial allocation to investment
options is not in accordance with the investment option restrictions described in “Investment Option Restrictions,”
below. Also, the ING Joint LifePay rider will not be issued if any contract value is allocated to a Fixed Interest
Division, nor may you subsequently allocate contract value to a Fixed Interest Division. The Company in its
discretion may allow the ING Joint LifePay rider to be elected during the 30-day period preceding a contract
anniversary. Such election must be received in good order, including owner, annuitant, and beneficiary designations
and compliance with the investment restrictions described below. The ING Joint LifePay rider will be effective as
of that contract anniversary.

Ownership, Annuitant and Beneficiary Designation Requirements. Certain ownership, annuitant and
beneficiary designations are required in order to purchase the ING Joint LifePay rider. These designations depend
upon whether the contract is issued as a nonqualified contract, an IRA or a custodial IRA. In all cases, the
ownership, annuitant and beneficiary designations must allow for the surviving spouse to continue the contract when
the death benefit becomes payable, as provided by the Tax Code. Non-natural, custodial owners are only allowed
with IRAs (“custodial IRAs”). Joint annuitants are not allowed. The necessary ownership, annuitant and/or
beneficiary designations are described below. Applications that do not meet the requirements below will be
rejected. We reserve the right to verify the date of birth and social security number of both spouses.

Nonqualified Contracts. For a jointly owned contract, the owners must be spouses, and the annuitant
must be one of the owners. For a contract with only one owner, the owner’s spouse must be the sole primary
beneficiary, and the annuitant must be one of the spouses.

ING Empire Traditions – 85618

IRAs. There may only be one owner, who must also be the annuitant. The owner’s spouse must be the
sole primary beneficiary.

Custodial IRAs. While we do not maintain individual owner and beneficiary designations for IRAs held
by an outside custodian, the ownership and beneficiary designations with the custodian must comply with the
requirements listed in “IRAs” above. The annuitant must be the same as the beneficial owner of the custodial
IRA. We require the custodian to provide us the name and date of birth of both the owner and the owner’s
spouse.

Rider Date. The ING Joint LifePay rider date is the date the ING Joint LifePay rider becomes effective. If you
purchase the ING Joint LifePay rider when the contract is issued, the ING Joint LifePay rider date is also the
contract date.

Charge. The charge for the ING Joint LifePay rider is as follows:


Current Annual Charge	Maximum Annual Charge if Reset Option
(Charge Deducted Quarterly)	Elected
0.75% of the contract value	1.50% of contract value

We deduct the quarterly charge in arrears based on the contract date (contract year versus calendar year). In
arrears means the first charge is deducted at the end of the first quarter from the contract date. If the rider is
added after contract issue, the charges will still be deducted on quarterly contract anniversaries, but the first
charge will be pro-rated based on what is owed at the time the rider is added through the contract quarter end.
Similarly, the charge is pro-rated based on what is owed at the time the rider is terminated. Charges are
deducted during the period starting on the rider date and up to your rider’s Lifetime Automatic Periodic Benefit
Status. Lifetime Automatic Periodic Benefit Status occurs if your contract value is reduced to zero and other
conditions are met. We may increase the charge for this rider if you elect the reset option after your first five
contract years, but subject to the maximum annual charge. For more information about how this rider works,
including when Lifetime Automatic Periodic Benefit Status begins, please see “Living Benefit Riders – ING
Joint LifePay Minimum Guaranteed Withdrawal Benefit Rider.” If you surrender or annuitize your Contract,
the charge is pro-rated based on what is owed at the time. We reserve the right to change the charge for this
rider, subject to the maximum annual charge. If changed, the new charge will only apply to riders issued after
this change.

No Cancellation. Once you purchase the ING Joint LifePay rider, you may not cancel it unless you: a) cancel
the contract during the contract’s free look period; b) surrender the contract; c) begin the income phase and start
receiving annuity payments; or d) otherwise terminate the contract pursuant to its terms. These events
automatically cancel the ING Joint LifePay rider.

Termination. The ING Joint LifePay rider is a “living benefit” which means the guaranteed benefits offered
are intended to be available to you and your spouse while you are living and while your contract is in the
accumulation phase. The optional rider automatically terminates if you:


1	)	annuitize or terminate your contract pursuant to its terms during the accumulation phase, surrender
		your Contract, or begin receiving annuity payments in lieu of payments under the ING Joint LifePay
		rider;

2	)	die during the accumulation phase (first owner to die in the case of joint owners, or death of annuitant
		if the contract is a custodial IRA), unless your spouse elects to continue the contract (and your spouse
		is active for purposes of the ING Joint LifePay rider): or

3	)	change the owner of the contract (other than a spousal continuation by an active spouse).

See “Change of Owner or Annuitant,” below. Other circumstances that may cause the ING Joint LifePay rider
to terminate automatically are discussed below.

ING Empire Traditions – 85618

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Active Status. Once the ING Joint LifePay rider has been issued, a spouse must remain in “active” status in
order to exercise rights and receive the benefits of the ING Joint LifePay rider after the first spouse’s death by
electing spousal continuation. In general, changes to the ownership, annuitant, and/or beneficiary designation
requirements noted above will result in one spouse being designated as “inactive.” Inactive spouses are not eligible
to continue the benefits of the ING Joint LifePay rider after the death of the other spouse. Once designated
“inactive,” a spouse may not regain active status under the ING Joint LifePay rider. Specific situations that will
result in a spouse’s designation as “inactive” include the following:


1	)	For nonqualified contracts where the spouses are joint owners, the removal of a joint owner (if that
		spouse does not automatically become sole primary beneficiary pursuant to the terms of the contract),
		or the change of one joint owner to a person other than an active spouse.

2	)	For nonqualified contracts where one spouse is the owner and the other spouse is the sole primary
		beneficiary, as well as for IRA contracts (including custodial IRAs), the addition of a joint owner who
		is not also an active spouse or any change of beneficiary (including the addition of primary
		beneficiaries).

3	)	In the event of the death of one spouse (in which case the deceased spouse becomes inactive).

An owner may also request that one spouse be treated as inactive. In the case of joint-owned contracts, both
contract owners must agree to such a request. An inactive spouse is not eligible to exercise any rights or receive any
benefits under the ING Joint LifePay rider. However, all charges for the ING Joint LifePay rider will continue
to apply, even if one spouse becomes inactive, regardless of the reason. You should make sure you
understand the impact of beneficiary and owner changes on the ING Joint LifePay rider prior to requesting
any such changes.

A divorce will terminate the ability of an ex-spouse to continue the contract. See “Divorce,” below.

How the ING Joint LifePay Rider Works. The ING Joint LifePay rider has both statuses and phases.
Through the lifetime of the ING Joint LifePay rider, you will be in one of two phases: the Growth Phase or the
Withdrawal Phase. As detailed below, the Growth Phase begins on the effective date of the rider and ends as of the
business day before you take your first withdrawal, or before you begin to receive annuity payments. The Growth
Phase is subject to the latest date for annuitization allowed under your Contract. See “The Income Phase –
Restrictions on Start Dates and the Duration of Payments.” During the Growth Phase, no benefits under the ING
Joint LifePay rider are being paid out; rather, during the Growth Phase, premiums and investment growth under your
Contract continue to accumulate. The Withdrawal Phase follows the Growth Phase and begins once you take your
first withdrawal or annuity payment, whichever occurs first. During the Withdrawal Phase, you may withdraw
guaranteed amounts from your Contract, subject to the terms and conditions noted in this section.

During the life of the rider, it will also be treated as in one of two statuses: Lifetime Guaranteed Withdrawal Status
or Lifetime Automatic Periodic Benefit Status. Together, these statuses operate to fulfill the rider’s withdrawal
guarantee. Lifetime Guaranteed Withdrawal Status begins on the date the rider is issued and continues until certain
circumstances occur as noted in “Lifetime Guaranteed Withdrawal Status,” below. Lifetime Automatic Periodic
Benefit Status is a status that only begins if your contract value is depleted to zero for reasons other than
withdrawals that exceed the Maximum Annual Withdrawal, as discussed more thoroughly below. In Lifetime
Automatic Periodic Benefit Status, you are no longer entitled to make withdrawals. Instead, under the ING Joint
LifePay rider, you will begin to receive periodic payments in an annual amount equal to the Maximum Annual
Withdrawal. If your contract value is depleted because of withdrawals that exceed the Maximum Annual
Withdrawal, then the Contract and the ING Joint LifePay rider will terminate without value. While all riders begin
in Lifetime Guaranteed Withdrawal Status, not all riders will enter Lifetime Automatic Periodic Benefit Status.

Benefits paid under the ING Joint LifePay rider require the calculation of the Maximum Annual Withdrawal. The
ING Joint LifePay Base (referred to as the “MGWB Base” in the contract) is used to determine the Maximum
Annual Withdrawal and is calculated as follows:

ING Empire Traditions – 85618

H11


1	)	If you purchased the ING Joint LifePay rider on the contract date, the initial ING Joint LifePay Base is
		equal to the initial premium, plus premium credits.

2	)	If you purchased the ING Joint LifePay rider after the contract date, the initial ING Joint LifePay Base
		is equal to the contract value on the effective date of the ING Joint LifePay rider.

3	)	The initial ING Joint LifePay Base is increased dollar-for-dollar by any premiums received during the
		Growth Phase and premium credits, if applicable (“eligible premiums”). The ING Joint LifePay Base
		is also increased to equal the contract value if the contract value is greater than the current ING Joint
		LifePay Base, valued on each quarterly contract anniversary after the effective date of the ING Joint
		LifePay rider during the Growth Phase. The ING Joint LifePay Base has no additional impact on the
		calculation of annuity payments or withdrawal benefits.

Currently, any additional premiums paid during the Withdrawal Phase are not eligible premiums for purposes of
determining the ING Joint LifePay Base or the Maximum Annual Withdrawal; however, we reserve the right to treat
such premiums as eligible premiums at our discretion, in a nondiscriminatory manner. Premiums received during
the Withdrawal Phase do increase the contract value used to determine the reset Maximum Annual Withdrawal if
you choose to reset the ING Joint LifePay rider (see “ING Joint LifePay Reset Option,” below). We reserve the
right to discontinue allowing premium payments during the Withdrawal Phase.

Lifetime Guaranteed Withdrawal Status. This status begins on the effective date of the rider and continues
until the earliest of:


1	)	the date annuity payments begin (see “The Income Phase”);
2	)	reduction of the contract value to zero by a withdrawal in excess of the Maximum Annual Withdrawal;
3	)	reduction of the contract value to zero by a withdrawal less than or equal to the Maximum Annual
		Withdrawal;
4	)	the surrender of the Contract; or
5	)	the death of the owner (first owner, in the case of joint owners, or the annuitant, in the case of a
		custodial IRA), unless your spouse beneficiary elects to continue the Contract.

ING Empire Traditions – 85618

H12

Determination of the Maximum Annual Withdrawal. The Maximum Annual Withdrawal is determined
on the date the Withdrawal Phase begins. It equals the Maximum Annual Withdrawal percentage multiplied by
the greater of the contract value and the ING Joint LifePay Base, as of the last day of the Growth Phase. The
first withdrawal after the effective date of the ING Joint LifePay rider (which causes the end of the Growth
Phase) is treated as occurring on the first day of the Withdrawal Phase, immediately after calculation of the
Maximum Annual Withdrawal. The Maximum Annual Withdrawal percentage, which varies by age of the
youngest active spouse on the date the Withdrawal Phase begins, is as follows:


Annuitant Age		Maximum Annual
		Withdrawal Percentage
55-64		4	%
65-75		5	%
76-80		6	%
81	+	7	%

Once determined the Maximum Annual Withdrawal percentage never changes for the contract. This is
important to keep in mind in deciding when to take your first withdrawal because the younger you are at that
time, the lower the Maximum Annual Withdrawal percentage.

If the ING Joint LifePay rider is in the Growth Phase, and the annuity commencement date is reached, the ING
Joint LifePay rider will enter the Withdrawal Phase and annuity payments will begin. In lieu of the annuity
options under the Contract, you may elect a life only annuity option under which we will pay the greater of the
annuity payout under the Contract and annual payments equal to the Maximum Annual Withdrawal, provided
that, if both spouses are active, payments under the life only annuity option will be calculated using the joint life
expectancy table for both spouses. If only one spouse is active, payments will be calculated using the single life
expectancy table for the active spouse.

Whether the Maximum Annual Withdrawal is subject to change depends on the extent of your withdrawals.
The amount of your withdrawal or withdrawals in a contract year that, when added together, do not exceed the
Maximum Withdrawal Amount do not reduce the Maximum Withdrawal Amount. However, if the total
amount of your withdrawals in any contract year exceeds the Maximum Annual Withdrawal, then the
Maximum Annual Withdrawal will be reduced in the same proportion as the contract value is reduced by the
amount of the excess withdrawal.

For this purpose, an excess withdrawal is the lesser of the amount by which your total withdrawals in a Contract
year exceed the Maximum Annual Withdrawal and the amount of your present request for a withdrawal. The
amount of any applicable premium credit deduction (recapture) or surrender charges are not included in
determining whether the total amount of your withdrawals in a Contract year exceeds the Maximum Annual
Withdrawal and triggers a pro-rata reduction. However, in the event that the Maximum Annual Withdrawal is
to be subject to a pro-rata reduction because of an excess withdrawal, the amount by which the Maximum
Annual Withdrawal will be reduced will include any premium credit deduction and surrender charges. See
Illustrations 1 and 2 below for examples of this concept.

Required Minimum Distributions. Withdrawals taken from the contract to satisfy the Required
Minimum Distribution rules of the Tax Code are considered withdrawals for purposes of the ING Joint LifePay
rider, and will begin the Withdrawal Phase if the Withdrawal Phase has not already started. Any such
withdrawal, which exceeds the Maximum Annual Withdrawal for a specific contract year, will not be deemed
excess withdrawals in that contract year for purposes of the ING Joint LifePay rider, subject to the following:


1	)	If your Required Minimum Distribution for a calendar year (determined on a date on or before January
		31 of that year), applicable to this contract, is greater than the Maximum Annual Withdrawal on that
		date, an Additional Withdrawal Amount will be set equal to that portion of the Required Minimum
		Distribution that exceeds the Maximum Annual Withdrawal.

ING Empire Traditions – 85618

H13


2	)	Once you have taken the Maximum Annual Withdrawal for the then current contract year, the dollar
		amount of any additional withdrawal will count against and reduce the Additional Withdrawal Amount
		without being deemed an excess withdrawal.

3	)	In the event of any withdrawals that exceed both the Maximum Annual Withdrawal and the Additional
		Withdrawal Amount, the dollar amount of these withdrawals will be deemed excess withdrawals that
		cause the Maximum Annual Withdrawal to be reduced on a pro-rata basis, as described above.

4	)	The Additional Withdrawal Amount is available on a calendar year basis and recalculated every
		January, reset to equal the portion of the Required Minimum Distribution for that calendar year that
		exceeds the Maximum Annual Withdrawal. Any unused amount of the Additional Withdrawal
		Amount does not carry over into the next calendar year.

5	)	The ING Joint LifePay rider cannot accommodate any grace periods allowed for Required Minimum
		Distributions pursuant to the Tax Code.

6	)	The Additional Withdrawal Amount does not change in the event you choose to reset the Maximum
		Annual Withdrawal Amount. See “ING Joint LifePay Reset Option” below. The Additional
		Withdrawal Amount is only subject to change when the Additional Withdrawal Amount is reset as
		described above.

See Illustrations 3 and 4 below.

Investment Advisory Fees. Withdrawals taken pursuant to a program established by the owner for the
payment of investment advisory fees to a named third party investment adviser for advice on management of
the contract’s values will not cause the Withdrawal Phase to begin. During the Growth Phase, such withdrawals
reduce the ING Joint LifePay Base in the same proportion as contract value is reduced by the amount of these
fees. During the Withdrawal Phase, these withdrawals are treated as any other withdrawal.

Lifetime Automatic Periodic Benefit Status. If the contract value is reduced to zero by a withdrawal in
excess of the Maximum Annual Withdrawal, the contract and the ING Joint LifePay rider will terminate
without value due to the pro-rata reduction described in “Determination of the Maximum Annual Withdrawal,”
above.

If the contract value is reduced to zero for a reason other than a withdrawal in excess of the Maximum Annual
Withdrawal while the ING Joint LifePay rider is in Lifetime Guaranteed Withdrawal Status, the ING Joint
LifePay rider will enter Lifetime Automatic Periodic Benefit Status and you are no longer entitled to make
withdrawals. Instead, under the ING Joint LifePay rider you will begin to receive periodic payments in an
annual amount equal to the Maximum Annual Withdrawal.

When the ING Joint LifePay rider enters Lifetime Automatic Periodic Benefit Status:


1	)	other than as provided under the ING Joint LifePay rider, the contract will provide no further benefits
		(including death benefits);
2	)	no further premium payments will be accepted; and
3	)	any other riders attached to the contract will terminate, unless otherwise specified in that rider.

ING Empire Traditions – 85618

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death of the active spouse, at which time both the ING Joint LifePay rider and the contract will terminate
without value.

If when the ING Joint LifePay rider enters Lifetime Automatic Periodic Benefit Status, your net withdrawals to
date are less than the Maximum Annual Withdrawal for that contract year, then we will pay you the difference
immediately. The periodic payments will begin on the last day of the first full contract year following the date
the ING Joint LifePay rider enters Lifetime Automatic Periodic Benefit Status and will continue to be paid
annually thereafter.

You may elect to receive systematic withdrawals pursuant to the terms of the contract. Under a systematic
withdrawal, either a fixed amount or an amount based upon a percentage of the contract value will be
withdrawn from your contract and paid to you on a scheduled basis, either monthly, quarterly or annually. If, at
the time the ING Joint LifePay rider enters Lifetime Automatic Periodic Benefit Status, you are receiving
systematic withdrawals under the contract more frequently than annually, the periodic payments will be made at
the same frequency in equal amounts such that the sum of the payments in each contract year will equal the
annual Maximum Annual Withdrawal. Such payments will be made on the same payment dates as previously
set up, if the payments were being made monthly or quarterly. If the payments were being made semi-annually
or annually, the payments will be made at the end of the half-contract year or contract year, as applicable.

ING Joint LifePay Reset Option. Beginning one year after the Withdrawal Phase begins, you may choose to
reset the Maximum Annual Withdrawal when the Maximum Annual Withdrawal, as recalculated, would be greater
than your current Maximum Annual Withdrawal, based on the applicable Maximum Annual Withdrawal percentage
times contract value. You must elect to reset by a request in a form satisfactory to us. On the date the request is
received (the “Reset Effective Date”), the Maximum Annual Withdrawal will increase to be equal to the applicable
Maximum Annual Withdrawal percentage times the contract value on the Reset Effective Date. (For your
Maximum Annual Withdrawal percentage, see “Determination of the Maximum Annual Withdrawal” above). The
reset option is only available when the ING Joint LifePay rider is in Lifetime Guaranteed Withdrawal Status. We
reserve the right to limit resets to the contract anniversary.

After exercising the reset option, you must wait one year before electing to reset again. We will not accept a request
to reset if the new Maximum Annual Withdrawal on the date the request is received would be less than your current
Maximum Annual Withdrawal.

If the reset option is exercised, the charge for the ING Joint LifePay rider will be equal to the charge then in effect
for a newly purchased rider but will not exceed the maximum annual charge of 1.50%. However, we guarantee that
the ING Joint LifePay rider charge will not increase for resets exercised within the first five contract years. See
Illustration 4 below.

Investment Option Restrictions. While the ING Joint LifePay rider is in effect, there are limits on the
portfolios to which your contract value may be allocated. Contract value allocated to portfolios other than Accepted
Funds will be rebalanced so as to maintain at least 20% of such contract value in the Fixed Allocation Funds. See
“Fixed Allocation Funds Automatic Rebalancing,” below. We have these restrictions to mitigate the insurance risk
inherent in our guarantees with this rider. We require this allocation regardless of your investment instructions to
the Contract. The timing of when and how we apply these restrictions is discussed further below.


Accepted Funds. Currently, the Accepted Funds are:

BlackRock Global Allocation V.I. Fund	ING Retirement Conservative Portfolio
ING American Funds Asset Allocation Portfolio	ING Retirement Growth Portfolio
ING American Funds World Allocation Portfolio	ING Retirement Moderate Growth Portfolio
ING Invesco Van Kampen Equity and Income	ING Retirement Moderate Portfolio
Portfolio
ING Liquid Assets Portfolio	ING T. Rowe Price Capital Appreciation Portfolio
ING MFS Total Return Portfolio	Fixed Interest Allocation
ING Oppenheimer Active Allocation Portfolio

ING Empire Traditions – 85618

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If this rider was purchased before February 2, 2009, the following are additional Accepted Funds:

ING Franklin Templeton Founding Strategy Portfolio
ING WisdomTree^SMGlobal High-Yielding Equity Index Portfolio

We may change these designations at any time upon 30 days notice to you. If a change is made, the change
will apply to contract value allocated to such portfolios after the date of the change.

Fixed Allocation Funds. Currently, the Fixed Allocation Funds are:

ING American Funds Bond Portfolio	ING PIMCO Total Return Bond Portfolio
ING BlackRock Inflation Protected Bond Portfolio	ING U.S. Bond Index Portfolio
ING Intermediate Bond Portfolio

You may allocate contract value to one or more of the Fixed Allocation Funds. We consider the ING
Intermediate Bond Portfolio to be the default Fixed Allocation Fund with Fixed Allocation Funds
Automatic Rebalancing.

Other Funds. All portfolios available under the contract other than the Accepted Funds or Fixed
Allocation Funds are considered Other Funds.

Fixed Allocation Funds Automatic Rebalancing. If the contract value in the Fixed Allocation Funds is
less than 20% of the total contract value allocated to both the Fixed Allocation Funds and Other Funds on any
ING Joint LifePay Rebalancing Date, we will automatically rebalance the contract value allocated to the Fixed
Allocation Funds and Other Funds so that 20% of this amount is allocated to the Fixed Allocation Funds.
Accepted Funds are excluded from Fixed Allocation Funds Automatic Rebalancing. Any rebalancing is done
on a pro-rata basis from the Other Funds to the Fixed Allocation Funds and will be the last transaction
processed on that date. The ING Joint LifePay Rebalancing Dates occur on each contract anniversary and after
the following transactions:


1	)	receipt of additional premiums;
2	)	transfer or reallocation among the Fixed Allocation Funds or Other Funds, whether automatic or
		specifically directed by you; and
3	)	withdrawals from a Fixed Allocation Fund or Other Fund.

Fixed Allocation Funds Automatic Rebalancing is separate from any other automatic rebalancing under the
contract. However, if the other automatic rebalancing under the contract causes the allocations to be out of
compliance with the investment option restrictions noted above, Fixed Allocation Funds Automatic
Rebalancing will occur immediately after the automatic rebalancing to restore the required allocations. See
“Appendix G – Examples of Fixed Allocation Funds Automatic Rebalancing.” You will be notified that Fixed
Allocation Funds Automatic Rebalancing has occurred, along with your new allocations, by a confirmation
statement that will be mailed to you after Fixed Allocation Funds Rebalancing has occurred.

In certain circumstances, Fixed Allocation Funds Automatic Rebalancing may result in a reallocation into the
Fixed Allocation Funds even if you have not previously been invested in them. See “Appendix G – Examples
of Fixed Allocation Funds Automatic Rebalancing, Example I.” By electing to purchase the ING Joint
LifePay rider, you are providing the Company with direction and authorization to process these
transactions, including reallocations into the Fixed Allocation Funds. You should not purchase the ING
Joint LifePay rider if you do not wish to have your contract value reallocated in this manner.

Divorce. Generally, in the event of a divorce, the spouse who retains ownership of the contract will continue to
be entitled to all rights and benefits of the ING Joint LifePay rider, while the ex-spouse will no longer have any such
rights or be entitled to any such benefits. In the event of a divorce during Lifetime Guaranteed Withdrawal Status,
the ING Joint LifePay rider continues, and terminates upon the death of the owner (first owner in the case of joint

ING Empire Traditions – 85618

H16

owners, or the annuitant in the case of a custodial IRA). Although spousal continuation may be available under the
Tax Code for a subsequent spouse, the ING Joint LifePay rider cannot be continued by the new spouse. As the
result of the divorce, we may be required to withdraw assets for the benefit of an ex-spouse. Any such withdrawal
will be considered a withdrawal for purposes of the Maximum Annual Withdrawal amount. In other words, if a
withdrawal incident to a divorce exceeds the Maximum Annual Withdrawal amount, it will be considered an excess
withdrawal. See “Determination of the Maximum Annual Withdrawal,” above. As noted, in the event of a divorce
there is no change to the Maximum Annual Withdrawal and we will continue to deduct charges for the ING Joint
LifePay rider.

In the event of a divorce during Lifetime Automatic Periodic Benefit Status, there will be no change to the periodic
payments made. Payments will continue until both spouses are deceased.

Death of Owner. The death of the owner (or in the case of joint owners, the first owner, or for custodial IRAs,
the annuitant) during Lifetime Guaranteed Withdrawal Status may cause the termination of the ING Joint LifePay
rider and its charges, depending upon whether one or both spouses are in active status at the time of death, as
described below.


1	)	If both spouses are in active status: If the surviving spouse elects to continue the contract and
		becomes the sole owner and annuitant, the ING Joint LifePay rider will remain in effect pursuant to its
		original terms and ING Joint LifePay coverage and charges will continue. As of the date the contract
		is continued, if the Contract is in the Growth Phase, then the ING Joint LifePay Base will be increased
		to equal the contract value, if greater. Otherwise, if the Contract is in the Withdrawal Phase, then the
		Maximum Annual Withdrawal will be set to the greater of the existing Maximum Annual Withdrawal
		or the Maximum Annual Withdrawal percentage multiplied by the contract value on the date the
		contract is continued. Such a reset will not count as an exercise of the ING Joint LifePay Reset
		Option, and rider charges will not increase.

		If the surviving spouse elects not to continue the contract, ING Joint LifePay rider coverage and
		charges will cease upon the earlier of payment of the death benefit or notice that an alternative
		distribution option has been chosen.

2	)	If the surviving spouse is in inactive status: The ING Joint LifePay rider terminates and ING Joint
		LifePay coverage and charges cease upon proof of death.

Change of Owner or Annuitant. Other than as a result of spousal continuation, you may not change the
annuitant. The ING Joint LifePay rider and rider charges will terminate upon change of owner, including adding an
additional owner, except for the following ownership changes:


1	)	spousal continuation by an active spouse, as described above;
2	)	change of owner from one custodian to another custodian for the benefit of the same individual;
3	)	change of owner from a custodian for the benefit of an individual to the same individual (in order to
		avoid the owner’s spouse from being designated inactive, the owner’s spouse must be named sole
		beneficiary under the contract);
4	)	change of owner from an individual to a custodian for the benefit of the same individual;
5	)	collateral assignments;
6	)	for nonqualified contracts only, the addition of a joint owner, provided that the additional joint owner
		is the original owner’s spouse and is active when added as joint owner;
7	)	for nonqualified contracts, removal of a joint owner, provided the removed joint owner is active and
		becomes the primary contract beneficiary; and

ING Empire Traditions – 85618

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8	)	change of owner where the owner becomes the sole primary beneficiary and the sole primary
		beneficiary becomes the owner if both were active spouses at the time of the change.

Surrender Charges. If you elect the ING Joint LifePay rider, the amount of your withdrawals will be subject
to surrender charges and any recapture of credits if they exceed the free withdrawal amount. However, once your
contract value is zero, the periodic payments under the ING Joint LifePay rider are not subject to surrender charges,
nor will these amounts be subject to any other charges under the contract. See below for examples.

Federal Tax Considerations. For more information about the tax treatment of amounts paid to you under the
ING Joint LifePay rider, see “Federal Tax Considerations – Tax Consequences of Living Benefits and Death
Benefit.”

ING LifePay and ING Joint LifePay Partial Withdrawal Amount Examples. The following are examples of
adjustments to the Maximum Annual Withdrawal amount for withdrawals in excess of the Maximum Annual
Withdrawal:

Illustration 1: Adjustment to the Maximum Annual Withdrawal amount for a withdrawal in excess of the
Maximum Annual Withdrawal, including surrender and/or MVA charges.

Assume the Maximum Annual Withdrawal is $5,000.

The first withdrawal taken during the contract year is $3,000 net, with $500 of surrender charges, and/or MVA
charges. The Maximum Annual Withdrawal is not exceeded.

The next withdrawal taken during the contract year is $1,500 net, with $300 of surrender charges, and/or MVA
charges. The Maximum Annual Withdrawal is not exceeded because total net withdrawals, $4,500, do not exceed
the Maximum Annual Withdrawal, $5,000.

The next withdrawal taken during the contract year is $1,500 net, with $200 of surrender charges, and/or MVA
charges. Because total net withdrawals taken, $6,000, exceed the Maximum Annual Withdrawal, $5,000, then there
is an adjustment to the Maximum Annual Withdrawal.

Total gross withdrawals during the contract year are $7,000 ($3,000 + $500 + $1,500 + $300 + $1,500 + $200). The
adjustment is the lesser of the amount by which the total gross withdrawals for the year exceed the Maximum
Annual Withdrawal ($7,000 - $5,000 = $2,000), and the amount of the current gross withdrawal ($1,500 + 200 =
$1,700.

If the Account Value before this withdrawal is $50,000, then the Maximum Annual Withdrawal is reduced by 3.40%
($1,700 / $50,000) to $4,830 ((1 - 3.40%) * $5,000).

Illustration 2: Adjustment to the Maximum Annual Withdrawal amount for a withdrawal in excess of the
Maximum Annual Withdrawal.

Assume the Maximum Annual Withdrawal is $5,000.

The first withdrawal taken during the contract year is $3,000 net, with $0 of surrender charges, and/or MVA
charges. The Maximum Annual Withdrawal is not exceeded.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges, and/or MVA
charges. The Maximum Annual Withdrawal is not exceeded because total net withdrawals, $4,500, do not exceed
the Maximum Annual Withdrawal, $5,000.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges, and/or MVA
charges. Because total net withdrawals taken, $6,000, exceed the Maximum Annual Withdrawal, $5,000, there is an
adjustment to the Maximum Annual Withdrawal.

ING Empire Traditions – 85618

H18

Total gross withdrawals during the contract year are $6,000 ($3,000 + $1,500 + $1,500). The adjustment is the lesser
of the amount by which the total gross withdrawals for the year exceed the Maximum Annual Withdrawal, $1,000,
and the amount of the current gross withdrawal, $1,500.

If the Account Value after the part of the gross withdrawal that was within the Maximum Annual Withdrawal, $500,
is $49,500, then the Maximum Annual Withdrawal is reduced by 2.02% ($1,000 / $49,500) to $4,899 ((1 - 2.02%)
* $5,000).

Illustration 3: A withdrawal exceeds the Maximum Annual Withdrawal amount but does not exceed the
Additional Withdrawal Amount.

Assume the Maximum Annual Withdrawal is $5,000. The RMD for the current calendar year applicable to this
contract is determined to be $6,000. The Additional Withdrawal Amount is set equal to the excess of this amount
above the Maximum Annual Withdrawal, $1,000 ($6,000 - $5,000).

The first withdrawal taken during the contract year is $3,000 net, with $0 of surrender charges, and/or MVA
charges. The Maximum Annual Withdrawal is not exceeded.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges, and/or MVA
charges. The Maximum Annual Withdrawal is not exceeded because total net withdrawals, $4,500, do not exceed
the Maximum Annual Withdrawal, $5,000.

The next withdrawal taken during the contract year is $1,500 net, with $0 of surrender charges, and/or MVA
charges. Total net withdrawals taken, $6,000, exceed the Maximum Annual Withdrawal, $5,000, however, the
Maximum Annual Withdrawal is not adjusted until the Additional Withdrawal Amount is exhausted. The amount by
which total net withdrawals taken exceed the Maximum Annual Withdrawal, $1,000 ($6,000 - $5,000), is the same
as the Additional Withdrawal Amount, so no adjustment to the Maximum Annual Withdrawal is made. If total net
withdrawals taken had exceeded the sum of the Maximum Annual Withdrawal and the Additional Withdrawal
Amount, then an adjustment would be made to the Maximum Annual Withdrawal.

Illustration 4: An Additional Withdrawal Amount expires at the end of the calendar year before it is
withdrawn.

Assume the most recent contract date was July 1, 2007 and the Maximum Annual Withdrawal is $5,000. Also
assume RMDs, applicable to this contract, are $6,000 and $5,000 for the 2008 and 2009 calendar years respectively.

Between July 1, 2007 and December 31, 2007 a withdrawal of $5,000 is taken which exhausts the Maximum Annual
Withdrawal.

On January 1, 2008, the Additional Withdrawal Amount is set equal to the excess of the 2008 RMD above the
existing Maximum Annual Withdrawal, $1,000 ($6,000 - $5,000). Note that the Maximum Annual Withdrawal has
been exhausted however is still used to calculate the Additional Withdrawal Amount.

The owner now has until December 31, 2008 to take the newly calculated Additional Withdrawal Amount of
$1,000. The owner decides not to take the Additional Withdrawal Amount of $1,000 in 2008.

On January 1, 2009, the Additional Withdrawal Amount is set equal to the excess of the 2009 RMD above the
existing Maximum Annual Withdrawal, $0 ($5,000-$5,000). Note that the Additional Withdrawal Amount of
$1,000 from the 2008 calendar year does not carry over to the 2009 calendar year.

ING Empire Traditions – 85618

H19

APPENDIX I

Minimum Guaranteed Withdrawal Benefit

Minimum Guaranteed Withdrawal Benefit Rider (MGWB). Effective September 4, 2007, the MGWB rider is
no longer available. The MGWB rider, marketed under the name, ING PrincipalGuard Withdrawal Benefit, is an
optional benefit which guarantees that if your contract value is reduced to zero, you will receive periodic payments.
The amount of the periodic payments is based on the amount in the MGWB Withdrawal Account. Only premiums
added to your Contract during the first two-year period after your rider date are included in the MGWB
Withdrawal Account. Any additional premium payments added after the second rider anniversary are not included
in the MGWB Withdrawal Account. Thus, the MGWB rider may not be appropriate for you if you plan to add
substantial premium payments after your second rider anniversary. If you elect the MGWB rider, you may not
allocate contract value to the GET Fund or the Fixed Interest Division. For Contracts purchased on and after
August 7, 2006, the MGWB rider was available if you elected the premium credit option. (Otherwise, the MGWB
rider was not available with the premium credit option).

The guarantee provides that, subject to the conditions described below, the amount you will receive in periodic
payments is equal to your Eligible Payment Amount adjusted for any prior withdrawals. Your Eligible Payment
Amount depends on when you purchase the MGWB rider and equals:


1	)	if you purchased the MGWB rider on the contract date: your premium payments received during the first
		two contract years;

2	)	if you purchased the MGWB rider after the contract date: your contract value on the Rider Date, including
		any premiums received that day, and any subsequent premium payments received during the two-year
		period commencing on the Rider Date.

To maintain the guarantee, withdrawals in any contract year may not exceed 7% of your Eligible Payment Amount
adjusted, as defined below. If your contract value is reduced to zero, your periodic payments will be 7% of your
Eligible Payment Amount every year. Payments continue until your MGWB Withdrawal Account is reduced to zero.
Please note that before Automatic Periodic Benefit status is reached, withdrawals in excess of the free withdrawal
amount will be subject to surrender charges. Once your contract reaches Automatic Periodic Benefit Status, the
periodic payments paid under the MGWB rider are not subject to surrender charges.

The MGWB Withdrawal Account is equal to the Eligible Payment Amount adjusted for any withdrawals. The
Maximum Annual Withdrawal Amount (or “MAW”) is equal to 7% of the Eligible Payment Amount. Withdrawals
up to the MAW will reduce the value of your MGWB Withdrawal Account by the dollar amount of the withdrawal.
Any withdrawals greater than the MAW will cause a reduction in the MGWB Withdrawal Account by the
proportion that the excess withdrawal bears to the remaining contract value after the withdrawal of the MAW.

Any withdrawals greater than the MAW will also cause a reduction in the Eligible Payment Amount by the
proportion that the excess portion of the withdrawal bears to the contract value remaining after withdrawal of the
MAW at the time of the withdrawal. Examples of excess withdrawals are at the end of this appendix.

Once your contract value is zero, any periodic payments paid under the MGWB rider also reduce the MGWB
Withdrawal Account by the dollar amount of the payments. If a withdrawal reduces the MGWB Withdrawal
Account to zero, the MGWB rider terminates and no further benefits are payable under the rider.

There are tax implications of withdrawals and payments under the MGWB rider. See “Withdrawals” and “Federal
Tax Considerations” in the prospectus for more information. You should not make any withdrawals if you wish
to retain the option to elect the Step-Up Benefit (see below).

ING Empire Traditions – 85618

The MGWB Withdrawal Account is only a calculation which represents the remaining amount available for periodic
payments. It does not represent a contract value, nor does it guarantee performance of the subaccounts in which you
are invested. It will not affect your annuitization, surrender and death benefits.

Guaranteed Withdrawal Status. You may continue to make withdrawals in any amount permitted under your
Contract so long as your contract value is greater than zero. See “Withdrawals” in the prospectus. However,
making any withdrawals in any year greater than the MAW will reduce the Eligible Payment Amount and payments
under the MGWB rider by the proportion that the withdrawal bears to the contract value at the time of the
withdrawal. The MGWB rider will remain in force and you may continue to make withdrawals each year so long as:


1	)	your contract value is greater than zero;
2	)	your MGWB Withdrawal Account is greater than zero;
3	)	you have not reached your latest allowable annuity start date;
4	)	you have not elected to annuitize your Contract; and
5	)	you have not died (unless your spouse has elected to continue the Contract), changed the ownership of
		the Contract or surrendered the Contract.

The standard Contract provision limiting withdrawals to no more than 90% of the cash surrender value is not
applicable under the MGWB rider.

Automatic Periodic Benefit Status. Under the MGWB rider, in the event your contract value is reduced to
zero, your Contract is given Automatic Periodic Benefit Status, if:


1	)	your MGWB Withdrawal Account is greater than zero;
2	)	you have not reached your latest allowable annuity start date;
3	)	you have not elected to annuitize your Contract; and
4	)	you have not died, changed the ownership of the Contract or surrendered the Contract.

Once your Contract is given Automatic Periodic Benefit Status, we will pay you the annual MGWB periodic
payments, beginning on the next contract anniversary until the earliest of: (i) your Contract’s latest annuity start
date; (ii) the death of the owner; or (iii) your MGWB Withdrawal Account is exhausted. These payments are equal
to the lesser of the remaining MGWB Withdrawal Account or the MAW. We will reduce the MGWB Withdrawal
Account by the amount of each payment. Once your Contract is given Automatic Periodic Benefit Status, we will
not accept any additional premium payments in your Contract, and the Contract will not provide any benefits except
those provided by the MGWB rider. Any other rider terminates. Your Contract will remain in Automatic Periodic
Benefit Status until the earliest of: (i) payment of all MGWB periodic payments; (ii) payment of the Commuted
Value (defined below); or (iii) the owner’s death.

On the Contract’s latest annuity start date, in lieu of making the remaining MGWB periodic payments, we will pay
you the Commuted Value of your MGWB periodic payments remaining. We may, at our option, extend your
annuity start date in order to continue the MGWB periodic payments. The Commuted Value is the present value of
any then-remaining MGWB periodic payments at the current interest rate plus 0.50%. The current interest rate will
be determined by the average of the Ask Yields for U.S. Treasury STRIPS as quoted by a national quoting service
for period(s) applicable to the remaining payments. Once we pay you the last MGWB periodic payment or the
Commuted Value, your Contract and the MGWB rider terminate.

Reset Option. Beginning on the fifth contract anniversary following the Rider Date, if the contract value is
greater than the MGWB Withdrawal Account, you may choose to reset the MGWB Rider. The effect will be to
terminate the existing MGWB Rider and add a new MGWB Rider (“New Rider”). The MGWB Withdrawal
Account under the New Rider will equal the contract value on the date the New Rider is effective. The charge for
the MGWB under the New Rider and any right to reset again will be based on the terms of the New Rider when it is
issued. We reserve the right to limit the reset election to contract anniversaries only. If you elect the Reset Option,
the Step-Up benefit is not available.

ING Empire Traditions – 85618

Step-Up Benefit. If the Rider Date is the same as the Contract Date, beginning on the fifth contract anniversary
following the Rider Date, if you have not made any previous withdrawals, you may elect to increase the MGWB
Withdrawal Account, the adjusted Eligible Payment Amount and the MAW by a factor of 20%. This option is
available whether or not the contract value is greater than the MGWB Withdrawal Account. If you elect the Step-
Up Benefit:


1	)	we reserve the right to increase the charge for the MGWB Rider up to a maximum annual charge of
		1.00% of contract value;

2	)	you must wait at least five years from the Step-Up date to elect the Reset Option.

The Step-Up Benefit may be elected only one time under the MGWB Rider. We reserve the right to limit the
election of The Step-Up benefit to contract anniversary only. Please note that if you have a third party investment
advisor who charges a separate advisory fee, and you have chosen to use withdrawals from your Contract to pay this
fee, these will be treated as any other withdrawals, and the Step-Up Benefit will not be available.

Death of Owner
Before Automatic Periodic Benefit Status. The MGWB rider terminates on the first owner’s date of death
(death of annuitant, if there is a non-natural owner), but the death benefit is payable. However, if the beneficiary is
the owner’s spouse, the spouse elects to continue the Contract, and the contract value steps up to the minimum
guaranteed death benefit, the MGWB Withdrawal Account and MAW are also reset. The MGWB charge will
continue at the existing rate. Reset upon spousal continuation does not affect any then existing Reset Option.

During Automatic Periodic Benefit Status. The death benefit payable during Automatic Periodic Benefit
Status is your MGWB Withdrawal Account which equals the sum of the remaining MGWB periodic payments.

Purchase and Charge. To purchase the MGWB rider, you must be age 80 or younger on the Rider Date. The
MGWB rider must be purchased on the contract date. The charge for the MGWB rider is as follows:


Maximum Annual Charge if Step-Up	Current Annual Charge
Benefit Elected	(Charge Deducted Quarterly)
1.00% of the contract value	0.45% of the contract value

Minimum Guaranteed Withdrawal Benefit (MGWB). The annual charge for the MGWB rider is 0.45%
(0.12% quarterly) of the contract value. Before May 1, 2005, the annual charge was 0.35% of the contract value.
The charge is deducted from the contract value on each quarterly contract anniversary date, in arrears. We will
deduct charges during the period starting on the rider date and up to your Contract’s Automatic Periodic Benefit
Status. Automatic Periodic Benefit Status will occur if your contract value is reduced to zero and other conditions
are met. Please see “Minimum Guaranteed Withdrawal Benefit - Automatic Periodic Benefit Status” in this
prospectus. If you elect the Step-Up Benefit, we reserve the right to increase the charge for the MGWB rider,
subject to the maximum annual charge of 1.00% of contract value. If you surrender or annuitize your Contract, we
will deduct a pro-rata portion of the charge for the current quarter based on the current quarterly charge rate
immediately prior to the surrender or annuitization.

MGWB Excess Withdrawal Amount Examples
The following are examples of adjustments to the MGWB Withdrawal Account and the Maximum Annual
Withdrawal Amount for transfers and withdrawals in excess of the Maximum Annual Withdrawal Amount (“Excess
Withdrawal Amount”).

Example # 1: Contract Value is greater than the MGWB Withdrawal Account

Assume the Contract Value (CV) before the withdrawal is $120,000, the Eligible Payment Amount (EPA) is
$100,000, the Maximum Annual Withdrawal Amount (MAW) is $7,000, the MGWB Withdrawal Account
(“Withdrawal Account”) is $80,000, and a withdrawal of $10,000 is made. The effect of the withdrawal is
calculated as follows:

ING Empire Traditions – 85618

The new CV is $110,000 ($120,000 - $10,000).
The Excess Withdrawal Amount is $3,000 ($10,000 - $7,000).

The MGWB Withdrawal Account is first reduced dollar-for-dollar by the portion of the withdrawal up to the
MAW to $73,000 ($80,000 - $7,000), and is then reduced pro-rata based on the ratio of the Excess Withdrawal
Amount to the CV (after being reduced for the withdrawal up to the MAW) to $71,061.95 ($73,000 * (1 - $3,000 /
$113,000)).

The EPA is reduced pro-rata based on the ratio of the Excess Withdrawal Amount to the CV (after being
reduced for the withdrawal up to the MAW) to $97,345.13 ($100,000 * (1 - $3,000 / $113,000)). The MAW is then
recalculated to be 7% of the new EPA, $6,814.15 ($97,345.13 * 7%).

Example # 2: Contract Value is less than the MGWB Withdrawal Account

Assume the Contract Value (CV) before the withdrawal is $60,000, the Eligible Payment Amount (EPA) is
$100,000, the Maximum Annual Withdrawal Amount (MAW) is $7,000, the MGWB Withdrawal Account
(“Withdrawal Account”) is $80,000, and a withdrawal of $10,000 is made. The effect of the withdrawal is
calculated as follows:

The new CV is $50,000 ($60,000 - $10,000).
The Excess Withdrawal Amount is $3,000 ($10,000 - $7,000).

The MGWB Withdrawal Account is first reduced dollar-for-dollar by the portion of the withdrawal up to the
MAW to $73,000 ($80,000 - $7,000), and is then reduced pro-rata based on the ratio of the Excess Withdrawal
Amount to the CV (after being reduced for the withdrawal up to the MAW) to $68,867.92 ($73,000 * (1 - $3,000 /
$53,000)).

The EPA is reduced pro-rata based on the ratio of the Excess Withdrawal Amount to the CV (after being
reduced for the withdrawal up to the MAW) to $94,339.62 ($100,000 * (1 - $3,000 / $53,000)). The MAW is then
recalculated to be 7% of the new EPA, $6,603.77 ($94,339.62 * 7%).

Example # 3: Contract Value is equal to the MGWB Withdrawal Account

Assume the Contract Value (CV) before the withdrawal is $80,000, the Eligible Payment Amount (EPA) is
$100,000, the Maximum Annual Withdrawal Amount (MAW) is $7,000, the MGWB Withdrawal Account
(“Withdrawal Account”) is $80,000, and a withdrawal of $10,000 is made. The effect of the withdrawal is
calculated as follows:

The new CV is $70,000 ($80,000 - $10,000).
The Excess Withdrawal Amount is $3,000 ($10,000 - $7,000).

The MGWB Withdrawal Account is first reduced dollar-for-dollar by the portion of the withdrawal up to the
MAW to $73,000 ($80,000 - $7,000), and is then reduced pro-rata based on the ratio of the Excess Withdrawal
Amount to the CV (after being reduced for the withdrawal up to the MAW) to $70,000.00 ($73,000 * (1 - $3,000 /
$73,000)).

The EPA is reduced pro-rata based on the ratio of the Excess Withdrawal Amount to the CV (after being
reduced for the withdrawal up to the MAW) to $95,890.41 ($100,000 * (1 - $3,000 / $73,000)). The MAW is then
recalculated to be 7% of the new EPA, $6,712.32 ($95,890.41 * 7%).

ING Empire Traditions – 85618

PART B

Statement of Additional Information

ING EMPIRE TRADITIONS VARIABLE ANNUITY

Deferred Variable Annuity Prospectus

Issued by

SEPARATE ACCOUNT NY-B

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK

This Statement of Additional Information is not a Prospectus. The information contained herein should be
read in conjunction with the prospectus for the ReliaStar Life Insurance Company of New York deferred
variable contract which is referred to herein. The prospectus sets forth information that a prospective
investor ought to know before investing. For a copy of the prospectus, send a written request to ReliaStar
Life Insurance Company of New York, Customer Service Center, P.O. Box 9271 Des Moines, Iowa 50306-
9271 or telephone 1-800-366-0066, or access the SEC’s website (http://www.sec.gov).

DATE OF PROSPECTUS AND

STATEMENT OF ADDITIONAL INFORMATION:

April 29, 2011

Introduction
This Statement of Additional Information provides background information regarding Separate Account NY-B.

Description of ReliaStar Life Insurance Company of New York
ReliaStar Life Insurance Company of New York (“RLNY”) is a New York stock life insurance company
originally incorporated on June 11, 1917 under the name, The Morris Plan Insurance Society. RLNY is
authorized to transact business in all states, the District of Columbia, the Dominican Republic and the
Cayman Islands and is principally engaged in the business of providing individual life insurance and
annuities, employee benefit products and services, retirement plans, and life and health insurance. Until
October 1, 2003, RLNY was a wholly-owned subsidiary of Security-Connecticut Life Insurance Company
(“Security-Connecticut”). Effective October 1, 2003, Security-Connecticut merged with and into its
parent, ReliaStar Life Insurance Company (“ReliaStar”). ReliaStar is an indirect wholly-owned subsidiary
of ING Groep, N.V. (“ING”), a global financial services holding company based in The Netherlands.
RLNY’s financial statements appear in the Statement of Additional Information.

RLNY, an affiliate of ING USA, is licensed to do variable annuity business in the state of New York.

Separate Account NY-B of ReliaStar Life Insurance Company of New York
Separate Account NY–B is a separate account established by the Company for the purpose of funding
variable annuity contracts issued by the Company. The separate account is registered with the Securities
and Exchange Commission (“SEC”) as a unit investment trust under the Investment Company Act of 1940,
as amended. Purchase payments to accounts under the contract may be allocated to one or more of the
subaccounts. Each subaccount invests in the shares of only one of the funds offered under the contracts.
We may make additions to, deletions from or substitutions of available investment options as permitted by
law and subject to the conditions of the contract. The availability of the funds is subject to applicable
regulatory authorization. Not all funds are available in all jurisdictions or under all contracts.

Safekeeping of Assets
RLNY acts as its own custodian for Separate Account NY–B.

The Administrator
On November 8, 1996, First Golden American Life Insurance Company of New York (“First Golden”) and
ING USA Annuity and Life Insurance Company (“ING USA”) entered into an administrative service
agreement pursuant to which ING USA agreed to provide certain accounting, actuarial, tax, underwriting,
sales, management and other services to First Golden. Beginning on April 1, 2002, the effective date of
the merger of First Golden into RLNY (“merger date”), the expenses incurred by ING USA in relation to
this service agreement will be reimbursed by RLNY on an allocated cost basis. As of the merger date,
RLNY will be obligated to reimburse these expenses. For the years ended December 31, 2010, 2009 and
2008, RLNY incurred expenses of $0, $0 and $0, respectively, under the agreement with ING USA.

Also on November 8, 1996, First Golden, ING USA and Directed Services LLC entered into a service
agreement pursuant to which First Golden and ING USA agreed to provide Directed Services LLC certain
of its personnel to perform management, administrative and clerical services and the use of certain of its
facilities. As of the merger date, RLNY will provide its personnel to provide such services. RLNY
expects to charge Directed Services LLC for such expenses and all other general and administrative costs,
first on the basis of direct charges when identifiable and second allocated based on the estimated amount
of time spent by RLNY’s employees on behalf of Directed Services LLC. For the year ended December
31, 2010, there were no charges to ING USA and Directed Services LLC for these services.

Experts
The statements of assets and liabilities of Separate Account NY-B as of December 31, 2010, and the
related statements of operations and changes in net assets for the periods disclosed in the financial
statements, and the statutory basis financial statements of ReliaStar Life Insurance Company of New York
as of December 31, 2010 and 2009, and for each of the three years in the period ended December 31, 2010,
included in the Statement of Additional Information, have been audited by Ernst & Young LLP,
independent registered public accounting firm, as set forth in their reports thereon appearing elsewhere
herein, and are included in reliance upon such reports given on the authority of such firm as experts in
accounting and auditing.

The primary business address of Ernst & Young LLP is Suite 1000, 55 Ivan Allen Jr. Boulevard,
Atlanta, GA 30308.

Distribution of Contracts
The offering of contracts under the prospectus associated with this Statement of Additional Information is
continuous. Directed Services LLC, an affiliate of RLNY, acts as the principal underwriter (as defined in
the Securities Act of 1933 and the Investment Company Act of 1940, as amended) of the variable
insurance products (the “variable insurance products”) issued by RLNY. The contracts are distributed
through registered representatives of other broker-dealers who have entered into selling agreements with
Directed Services LLC. For the years ended 2010, 2009 and 2008 commissions paid by ING USA,
including amounts paid by its affiliated Company, ReliaStar Life Insurance Company of New York, to
Directed Services LLC aggregated $3,678,585, $6,918,468 and $17,072,601 respectively. As of the
merger date, RLNY became the depositor for these variable insurance products. All commissions received
by the distributor were passed through to the broker-dealers who sold the contracts. Directed Services
LLC is located at 1475 Dunwoody Drive, West Chester, Pennsylvania 19380-1478.

Published Ratings
From time to time, the rating of RLNY as an insurance company by A.M. Best Company may be referred
to in advertisements or in reports to contract owners. Each year A.M. Best Company reviews the financial
status of thousands of insurers, culminating in the assignment of Best’s Ratings. These ratings reflect their
current opinion of the relative financial strength and operating performance of an insurance company in
comparison to the norms of the life/health insurance industry. Best’s ratings range from A++ to F. An
A++ and a A+ rating means, in the opinion of A.M. Best, that the insurer has demonstrated the strongest
ability to meet its respective policyholder and other contractual obligations.

Accumulation Unit Value
The calculation of the Accumulation Unit Value (“AUV”) is discussed in the prospectus and below. Note
that in your Contract, contract value is referred to as accumulation value. The following illustrations show
a calculation of a new AUV and the purchase of Units (using hypothetical examples). Note that the
examples below are calculated for a Contract issued with the Annual Ratchet Death Benefit Option, the
death benefit option with the highest mortality and expense risk charge. The mortality and expense risk
charge associated with the Standard Death Benefit Option is lower than that used in the examples and
would result in higher AUV’s or contract values.


Illustration of Calculation of AUV
Example 1.
1	.	AUV, beginning of period	$	10.00000000
2	.	Value of securities, beginning of period	$	10.00000000
3	.	Change in value of securities		0.10000000
4	.	Gross investment return (3) divided by (2)		0.01000000
5	.	Less daily mortality and expense charge		0.00003446
6	.	Less asset based administrative charge		0.00000411
7	.	Net investment return (4) minus (5) minus (6)		0.00996163
8	.	Net investment factor (1.000000) plus (7)		1.00996163
9	.	AUV, end of period (1) multiplied by (8)	$	10.09961430

Illustration of Purchase of Units (Assuming No State Premium Tax)
Example 2.
1	.	Initial Premium Payment	$	1,000
2	.	AUV on effective date of purchase (see Example 1)	$	10.00000000
3	.	Number of Units purchased [(1) divided by (2)]		100.00000000
4	.	AUV for valuation date following purchase (see Example 1)	$	10.09961430
5	.	Contract Value in account for valuation date following
		purchase [(3) multiplied by (4)]	$	1,009.96

Performance Information
From time to time, we may advertise or include in reports to contract owners performance information for
the subaccounts of Separate Account NY–B, including the average annual total return performance, yields
and other nonstandard measures of performance. Such performance data will be computed, or
accompanied by performance data computed, in accordance with standards defined by the SEC.

Except for the Liquid Assets subaccount, quotations of yield for the subaccounts will be based on all
investment income per unit (contract value divided by the accumulation unit) earned during a given 30-day
period, less expenses accrued during such period. Information on standard total average annual return
performance will include average annual rates of total return for 1, 5 and 10 year periods, or lesser periods
depending on how long Separate Account NY–B has been investing in the portfolio. We may show other
total returns for periods of less than one year. Total return figures will be based on the actual historic
performance of the subaccounts of Separate Account NY–B, assuming an investment at the beginning of
the period when the separate account first invested in the portfolio and withdrawal of the investment at the
end of the period, adjusted to reflect the deduction of all applicable portfolio and current contract charges.
We may also show rates of total return on amounts invested at the beginning of the period with no
withdrawal at the end of the period. Total return figures which assume no withdrawals at the end of the
period will reflect all recurring charges, but will not reflect the surrender charge. In addition, we may
present historic performance data for the investment portfolios since their inception reduced by some or all
of the fees and charges under the Contract. Such adjusted historic performance includes data that precedes
the inception dates of the subaccounts of Separate Account NY-B. This data is designed to show the
performance that would have resulted if the Contract had been in existence before the separate account
began investing in the portfolios.

Current yield for the Liquid Assets subaccount is based on income received by a hypothetical investment
over a given 7-day period, less expenses accrued, and then “annualized” (i.e., assuming that the 7-day
yield would be received for 52 weeks). We calculate “effective yield” for the Liquid Assets subaccount in
a manner similar to that used to calculate yield, but when annualized, the income earned by the investment
is assumed to be reinvested. The “effective yield” will thus be slightly higher than the “yield” because of
the compounding effect of earnings. We calculate quotations of yield for the remaining subaccounts on all
investment income per accumulation unit earned during a given 30-day period, after subtracting fees and
expenses accrued during the period, assuming no surrender. You should be aware that there is no
guarantee that the Liquid Assets subaccount will have a positive or level return.

We may compare performance information for a subaccount to: (i) the Standard & Poor’s 500 Stock
Index, Dow Jones Industrial Average, Donoghue Money Market Institutional Averages, or any other
applicable market indices; (ii) other variable annuity separate accounts or other investment products
tracked by Lipper Analytical Services (a widely used independent research firm which ranks mutual funds
and other investment companies), or any other rating service; and (iii) the Consumer Price Index (measure
for inflation) to determine the real rate of return of an investment in the Contract. Our reports and
promotional literature may also contain other information including the ranking of any subaccount based
on rankings of variable annuity separate accounts or other investment products tracked by Lipper
Analytical Services or by similar rating services.

Performance information reflects only the performance of a hypothetical contract and should be considered
in light of other factors, including the investment objective of the investment portfolio and market
conditions. Please keep in mind that past performance is not a guarantee of future results.

Other Information
Registration statements have been filed with the SEC under the Securities Act of 1933 as amended, with
respect to the Contracts discussed in this Statement of Additional Information. Not all of the information
set forth in the registration statements, amendments and exhibits thereto has been included in this
Statement of Additional Information. Statements contained in this Statement of Additional Information
concerning the content of the Contracts and other legal instruments are intended to be summaries. For a
complete statement of the terms of these documents, reference should be made to the instruments filed
with the Securities and Exchange Commission.

STATUTORY BASIS FINANCIAL STATEMENTS OF RELIASTAR LIFE INSURANCE
COMPANY OF NEW YORK
The audited Statutory Basis Financial Statements of ReliaStar Life Insurance Company of New York are
listed below and are included in this Statement of Additional Information:

Report of Independent Registered Public Accounting Firm
Balance Sheets – Statutory Basis as of December 31, 2010 and 2009
Statements of Operations – Statutory Basis for the years ended December 31, 2010, 2009 and 2008
Statements of Changes in Capital and Surplus – Statutory Basis for the years ended December 31, 2010,
2009 and 2008
Statements of Cash Flows – Statutory Basis for the years ended December 31, 2010, 2009 and 2008
Notes to Financial Statements – Statutory Basis

FINANCIAL STATEMENTS OF RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
The audited Financial Statements of ReliaStar Life Insurance Company of New York Separate Account
NY–B are listed below and are included in this Statement of Additional Information:

Report of Independent Registered Public Accounting Firm
Statements of Assets and Liabilities as of December 31, 2010
Statements of Operations for the year ended December 31, 2010
Statements of Changes in Net Assets for the years ended December 31, 2010 and 2009
Notes to Financial Statements

CONDENSED FINANCIAL INFORMATION

FINANCIAL STATEMENTS — STATUTORY BASIS
ReliaStar Life Insurance Company of New York
For the years ended December 31, 2010, 2009 and 2008
with Report of Independent Registered Public Accounting Firm

We have audited the accompanying statutory basis balance sheets of ReliaStar Life Insurance
Company of New York (the “Company,” an indirect wholly owned subsidiary of ING America
Insurance Holdings, Inc.), as of December 31, 2010 and 2009, and the related statutory basis
statements of operations, changes in capital and surplus, and cash flows for each of the three
years in the period ended December 31, 2010. These financial statements are the responsibility
of the Company’s management. Our responsibility is to express an opinion on these financial
statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting
Oversight Board (United States). Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free of material
misstatement. We were not engaged to perform an audit of the Company’s internal control over
financial reporting. Our audits included consideration of internal control over financial reporting
as a basis for designing audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the Company’s internal control over
financial reporting. Accordingly, we express no such opinion. An audit also includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements, assessing the accounting principles used and significant estimates made by
management, and evaluating the overall financial statement presentation. We believe that our
audits provide a reasonable basis for our opinion.

As described in Note 1 to the financial statements, the Company presents its financial statements
in conformity with accounting practices prescribed or permitted by New York Department of
Commerce, Division of Insurance (“New York Insurance Department”), which practices differ
from U.S. generally accepted accounting principles. The variances between such practices and
U.S. generally accepted accounting principles are described in Note 1. The effects on the
financial statements of these variances are not reasonably determinable but are presumed to be
material.

In our opinion, because of the effects of the matter described in the preceding paragraph, the
financial statements referred to above do not present fairly, in conformity with U.S. generally
accepted accounting principles, the financial position of ReliaStar Life Insurance Company of
New York at December 31, 2010 and 2009, or the results of its operations or its cash flows for
each of the three years in the period ended December 31, 2010.


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Balance Sheets - Statutory Basis

		December 31
		2010			2009
		(In Thousands,
		except share amounts)
Liabilities and Capital and Surplus
Liabilities:
Policy and contract liabilities:
Life and annuity reserves	$	1,671,654		$	1,663,289
Accident and health reserves		30,242			37,622
Deposit type contracts		104,242			83,810
Policyholders’ funds		288			1,333
Dividends payable		1,019			966
Policy and contract claims		19,783			27,666
Total policy and contract liabilities		1,827,228			1,814,686

Accounts payable and accrued expenses		12,526			7,806
Reinsurance balances		894			2,371
Indebtedness to related parties		10,589			13,703
Current federal income taxes payable (including $3,066 and $14,066 on
realized capital losses at December 31, 2010 and 2009, respectively)		2,951			3,886
Contingency reserve		4,142			4,714
Asset valuation reserve		2,759			2,224
Net transfers to separate accounts		(34,301	)		(43,227	)
Derivatives		1,000			1,721
Payable for securities lending		62,470			-
Other liabilities		15,513			13,170
Separate account liabilities		1,138,542			1,065,783
Total liabilities		3,044,313			2,886,837

Capital and surplus:
Common stock: $2.00 par value; 1,377,863 shares authorized, issued
and outstanding		2,756			2,756
Paid in and contributed surplus		228,881			228,881
Special surplus funds		20,514			7,255
Unassigned surplus		68,045			83,699
Total capital and surplus		320,196			322,591
Total liabilities and capital and surplus	$	3,364,509		$	3,209,428


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Statements of Operations - Statutory Basis


		Year ended December 31
		2010			2009			2008
				(In Thousands)
Premiums and other revenues:
Life, annuity, and accident and health premiums	$	174,243		$	282,597		$	525,488
Considerations for supplementary contracts with life contingencies		5,986			4,074			13,103
Net investment income		106,402			103,303			112,999
Amortization of interest maintenance reserve		(2,017	)		(1,664	)		(220	)
Commissions, expense allowances and reserve adjustments on
reinsurance ceded		30,444			34,872			72,114
Other revenues		33,911			27,809			27,351
Total premiums and other revenues		348,969			450,991			750,835

Benefits paid or provided:
Death benefits		86,909			82,193			79,180
Annuity benefits		13,669			16,637			16,237
Surrender benefits and withdrawals		131,220			358,755			181,034
Interest on policy or contract funds		3,415			3,897			3,399
Accident and health benefits		24,904			26,195			29,314
Other benefits		3,396			2,615			1,440
Increase (decrease) in life, annuity, and accident and health reserves		3,186			(98,793	)		171,324
Net transfers (from) to separate accounts		(21,262	)		(149,308	)		297,888
Total benefits paid or provided		245,437			242,191			779,816

Insurance expenses and other deductions:
Commissions		29,945			38,091			54,535
General expenses		40,530			43,176			56,515
Insurance taxes, licenses and fees		13,936			12,724			9,044
Other deductions (recovered expenses)		118			(12,064	)		40,606
Total insurance expenses and other deductions		84,529			81,927			160,700
Gain (loss) from operations before policyholder dividends,
federal income taxes and net realized capital losses		19,003			126,873			(189,681	)
Dividends to policyholders		927			937			844
Gain (loss) from operations before federal income taxes and net
realized capital losses		18,076			125,936			(190,525	)
Federal income tax expense		3,113			6,853			4,302
Gain (loss) from operations before net realized capital losses		14,963			119,083			(194,827	)
Net realized capital losses		(34,989	)		(23,837	)		(2,080	)
Net (loss) income	$	(20,026	)	$	95,246		$	(196,907	)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Statements of Changes in Capital and Surplus - Statutory Basis



		Year ended December 31
		2010			2009			2008
				(In Thousands)
Common stock:
Balance at beginning and end of year	$	2,756		$	2,756		$	2,756

Special surplus funds:
Balance at beginning and end of year		7,255			-			-
Change in admitted deferred tax asset per SSAP 10R		13,259			7,255			-
Balance at end of year		20,514			7,255			-

Paid-in and contributed surplus:
Balance at beginning of year		228,881			228,881			138,881
Capital contribution		-			-			90,000
Balance at end of year		228,881			228,881			228,881

Unassigned surplus (deficit)
Balance at beginning of year		83,699			(9,673	)		145,313
Net (loss) income		(20,026	)		95,246			(196,907	)
Change in net unrealized capital losses		(847	)		(3,198	)		(898	)
Change in nonadmitted assets		(8,754	)		21,728			(52,660	)
Change in reserve on account of change in valuation basis		2,191			-			-
Change in liability for reinsurance in unauthorized companies		1,783			2,611			(4,009	)
Change in asset valuation reserve		(535	)		15,185			(710	)
Change in net deferred income tax		13,246			(34,963	)		61,935
Deferred gain on reinsurance of existing business		-			-			39,976
Amortization of gain on reinsurance		(2,712	)		(2,712	)		(1,713	)
Cumulative effect of change in accounting principle		-			(525	)		-
Balance at end of year		68,045			83,699			(9,673	)
Total capital and surplus	$	320,196		$	322,591		$	221,964


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Statements of Cash Flows—Statutory Basis

		Year ended December 31
		2010			2009			2008
				(In Thousands)
Operations
Premiums, policy proceeds, and other considerations received,
net of reinsurance paid	$	186,495		$	240,438		$	587,695
Net investment income received		106,945			105,789			113,400
Commission and expenses paid		(80,257	)		(92,393	)		(120,666	)
Benefits paid		(272,303	)		(495,128	)		(324,973	)
Net transfers from (to) separate accounts		30,268			145,805			(297,904	)
Dividends paid to policyholders		(893	)		(861	)		(797	)
Federal income taxes (paid) received		(7,047	)		14,500			(21,349	)
Miscellaneous income		63,149			111,423			54,509
Net cash provided by (used in) operations		26,357			29,573			(10,085	)

Investment Activities
Proceeds
Bonds		468,553			918,917			1,457,837
Stocks		1,946			2,334			2,969
Mortgage loans		11,352			19,798			21,933
Other invested assets		3,236			3,320			12,319
Miscellaneous proceeds		1,594			244			26,028
Total proceeds from sales, maturities, or repayments of investments		486,681			944,613			1,521,086
Cost of investments acquired:
Bonds		663,033			757,617			1,517,547
Stocks		2,080			902			1,035
Mortgage loans		2,400			-			8,100
Other invested assets		1,724			1,836			15,040
Miscellaneous applications		18,393			27,698			268
Total cost of investments acquired		687,630			788,053			1,541,990
Net increase in contract loans		(2,390	)		(6,471	)		(733	)
Net cash (used in) provided by investment activities		(203,339	)		150,089			(21,637	)

Financing and Miscellaneous Activities
Other cash provided:
Capital Contributions		-			90,000			-
Borrowed money		-			(74,324	)		2,178
Net deposits on deposit type contracts		20,432			13,545			1,893
Dividends paid to stockholder		-			-			-
Other cash provided		(3,926	)		773			2,629
Net cash provided by financing and miscellaneous activities		16,506			29,994			6,700
Net (decrease) increase in cash and short term investments		(160,476	)		209,656			(25,022	)
Cash and short term investments:
Beginning of year		229,529			19,873			44,895
End of year	$	69,053		$	229,529		$	19,873


1	.	Organization and Significant Accounting Policies

		ReliaStar Life Insurance Company of New York (the "Company") is domiciled in New
		York and is a wholly owned subsidiary of ReliaStar Life Insurance Company
		("ReliaStar"), a Minnesota domiciled insurance company. ReliaStar is a wholly owned
		subsidiary of Lion Connecticut Holdings Inc. (“Lion”), a Connecticut domiciled non-
		insurance holding company. Lion, in turn, is a wholly owned subsidiary of ING America
		Insurance Holdings, Inc. (“ING AIH”), a Delaware domiciled non-insurance holding
		company. The Company’s ultimate parent is ING Groep, N.V. (“ING”), a global
		financial services company based in the Netherlands.

		*Description of Business*

		The Company principally provides and distributes life insurance and related financial
		services products, including individual life insurance and annuities, group life, and health
		products and services. The Company’s strategy is to offer a wide variety of products and
		services designed to address customers’ needs for financial security, especially tax
		advantaged savings for retirement and protection in the event of death. The Company is
		presently licensed in all 50 states and the District of Columbia.

		*Use of Estimates*

		The preparation of the financial statements of the Company requires management to
		make estimates and assumptions that affect amounts reported in the financial statements
		and accompanying notes. Such estimates and assumptions could change in the future as
		more information becomes known, which could impact the amounts reported and
		disclosed herein.

		*Recently Adopted Accounting Principles*

		Effective December 31, 2010, the Company adopted Statement of Statutory Accounting
		Principles (“SSAP”) No. 100, Fair Value Measurements (SSAP No. 100). This statement
		defines fair value, establishes a framework for measuring fair value, and establishes the
		following disclosure requirements about fair value:

		§	Fair value measurements at the reporting date and the source of the fair value
			measurement;
		§	The level within the fair value hierarchy in which the fair value measurements fall;
		§	Significant transfers in and out of Level 3;
		§	Purchases, sales, issuances, and settlement in the Level 3 fair value measurements
			reconciliation;
		§	Fair value measurement disclosures for each class of assets and liabilities (i.e.
			disaggregated);
		§	Valuation techniques and inputs used for Level 1, Level 2 and Level 3 fair value
			measurements.

The adoption had no impact on the Company’s Balance Sheet or Statement of

Operations. See footnote 12

Effective December 31, 2010, the Company adopted SSAP No. 91R, Accounting for

Transfers and Servicing of Financial Assets and Extinguishments of Liabilities. The

statement initially established statutory accounting principles for transfers and servicing

of financial assets. Amendments to the statement were made in 2010 to clarify that the

adequacy of collateralization should be measured based on the fair value of the collateral

obtained. Under the revised standard, securities pledged as collateral that may be sold or

repledged by the transferor or its agent are reclassified on the Company's balance sheet

separately from assets not so encumbered. Reporting of collateral on the Company's

balance sheet is determined by the administration of the program and is presented

accordingly. The adoption of SSAP No. 91R had no impact on the net income or surplus

of the Company. See Note 3 for additional discloses required by the standard.

Effective July 1, 2009, the Company adopted SSAP No. 43R, Loan-backed and

Structured Securities. This statement provides guidance on recording other-than-

temporary impairments (“OTTI”) on loan-backed and structured securities. When the

holder of a loan-backed or structured security with an unrealized loss position either has

the intent to sell the security or does not have the intent and ability to hold the security for

a period of time sufficient to recover the amortized cost basis, the security must be

written down to fair value.

When the holder of a loan-backed or structured security in an unrealized loss position

does not intend to sell the security and has the intent and ability to hold the security for a

period of time sufficient to recover the amortized cost, the holder of the security must

compare the present value of the expected future cash flows for this security to its

amortized cost. If the present value of the expected future cash flows for the security is

lower than its amortized cost, the security is written down to its present value of the

expected future cash flows.

In both instances noted above, the total loss recorded is bifurcated between the interest

related loss and the non-interest related loss. The interest related portion shall be recorded

through the IMR and the non-interest related portion shall be recorded through the AVR.

The effects on the Company's 2009 financial statements of adopting this change in

accounting principle at July 1, 2009 were decreases in total admitted assets of $0.8, total

liabilities of $0.3, and capital and surplus of $0.5. This adoption had no impact on net

income.

Effective December 31, 2009, the Company adopted SSAP No. 10R, Income Taxes. This

statement requires the Company to calculate admitted deferred tax assets based upon the

gross admitted deferred asset to reverse within one year with a cap on the admitted

portion of the deferred tax asset of 10% of capital and surplus for its most recently filed

statement with the domiciliary state commissioner. If the Company’s risk-based capital

(“RBC”) levels, after reflecting the above limitations, exceeds 250% of the authorized

control level, the statement increases the limitation on admitted deferred tax assets from

the deferred asset expected to reverse in one year to what is expected to reverse over the

next three years and increases the cap on the admitted portion of the deferred tax asset

from 10% of capital and surplus for its most recently filed statement with the domiciliary

state commissioner to 15% of capital and surplus for its most recently filed statement

with the domiciliary state commissioner. Other revisions in the statement include

requiring the Company to reduce the gross deferred tax asset by a statutory valuation

allowance adjustment if, based on the weight of available evidence, it is more likely than

not (a likelihood of more than 50 percent) that some portion or all of the gross deferred

tax assets will not be realized. The effects on the Company's 2009 financial statements of

adopting this change in accounting principle at December 31, 2009 were increases to

capital and surplus and total admitted assets of $7.3. This adoption had no impact on net

income or total liabilities. The increase in capital and surplus related to the cumulative

effect of adopting this change in accounting principle is disclosed in a separate line in the

Statements of Changes in Capital and Surplus.

Effective December 31, 2009, the Company adopted Actuarial Guideline 43 – Variable

Annuity Commissioners Annuity Reserve Valuation Method (“AG43”). The NAIC

replaced the existing formula-based reserve standard methodology (AG34 – Death

Benefits and New York Regulation 128 for living benefits (“Reg 128”) with a stochastic

principles-based methodology (AG43) for determining reserves for all individual variable

annuity contracts with and without guaranteed benefits and all group annuity contracts

with guarantees issued on or after 1/1/1981. Variable payout annuity contracts are also

subject to AG43. Under the requirements of AG43, there is no cumulative effect of

adopting AG43. Reserves calculated using AG43 were higher than reserves calculated

under AG34 and Reg 128 by $46.7. Where the application of AG43 produces higher

reserves than the Company had otherwise established under AG34 and Reg 128, the

Company may request a grade-in period, not to exceed three years, from the Domiciliary

Commissioner. The grading shall be done only on reserves on the contracts in-force as of

December 31, 2009. The reserves under the old basis and the new basis shall be

compared each year with two-thirds of the difference subtracted from the reserve under

the new basis in 2009 and one-third of the difference subtracted from the new basis in

2010. The Company did not elect the grade-in provision, therefore reserves at December

31, 2009 reflect the full impact of the adoption of AG43.

Basis of Presentation

The accompanying financial statements of the Company have been prepared in

conformity with accounting practices prescribed or permitted by the New York Insurance

Department, which practices differ from United States generally accepted accounting

principles (“GAAP”). The more significant variances from GAAP are:


Investments: Investments in bonds and mandatorily redeemable preferred stocks are
reported at amortized cost or fair value based on the NAIC rating; for GAAP, such fixed
maturity investments are designated at purchase as held to maturity, trading or available
for sale. Held to maturity investments are reported at amortized cost, and the remaining
fixed maturity investments are reported at fair value with unrealized capital gains and
losses reported in operations for those designated as trading and as a separate component
of other comprehensive income in stockholder’s equity for those designated as available
for sale.

Management regularly reviews the value of the Company’s investments in bonds and
mandatorily redeemable preferred stocks. If the value of any investment falls below its
cost basis, the decline is analyzed to determine whether it is an other than temporary
decline in value. To make this determination for each security, the following are some of
the factors considered:

§	The length of time and the extent to which the fair value has been below cost.
§	The financial condition and near-term prospects of the issuer of the security,
	including any specific events that may affect its operations or earnings potential.
§	Management’s intent and ability to hold the security long enough for it to recover
	its value.

Based on the analysis, management makes a judgment as to whether the loss is other than
temporary. If the loss is other than temporary, an impairment charge is recorded within
net realized investment gains (losses) in the Statements of Operation in the period the
determination is made.

The Company invests in structured securities including mortgage backed securities/
collateralized mortgage obligations, asset backed securities, collateralized debt
obligations, and commercial mortgage backed securities. For these structured securities in
unrealized loss positions in the periods after the adoption of Statement of Statutory
Accounting Principles (“SSAP”) No. 43R, Loan-backed and Structured Securities,
management determines whether it has the intent to sell or the intent and ability to hold
the security for a period of time sufficient to recover the amortized cost. If management
has the intent and ability to hold the security to recovery, the Company must compare the
present value of the expected future cash flows for this security to its carrying value. If
the present value of the expected future cash flows for the security is lower than its
carrying value, the security is written down to its present value of the expected future
cash flows.

When an OTTI is recorded because there is intent to sell or the holder does not have the
intent and ability to hold the security for a period of time sufficient to recover the
amortized cost basis, the security is written down to fair value. The total loss recorded is
bifurcated between the interest related loss and the non-interest related loss. The interest
related portion shall be deferred through the interest maintenance reserve (“IMR”) and

the non-interest related portion shall be included in the asset valuation reserve (“AVR”)

formula prescribed by the NAIC.

For these structured securities held in periods prior to the adoption of SSAP No. 43R,

management compared the undiscounted projected future cash flows to the carrying value

and an OTTI was considered to have occurred when the undiscounted cash flows were

less than the carrying value.

For GAAP, when a decline in fair value is determined to be other-than-temporary, the

loss which is calculated as the difference between the securities carrying value and fair

value is recorded in net realized capital gains (losses) in its entirety or bifurcated between

net realized capital gains (losses) and accumulated other comprehensive income, as

appropriate.

Realized gains and losses on investments are reported in the Statements of Operations net

of federal income tax and transfers to the IMR. Under GAAP, realized capital gains and

losses are reported in the Statements of Operations on a pretax basis in the period that the

asset giving rise to the gain or loss is sold.

SSAP No. 31, Derivative Instruments (“SSAP 31”) applies to derivative transactions

entered into prior to January 1, 2003. The Company also follows the hedge accounting

guidance in SSAP No. 86, Accounting for Derivative Instruments and Hedging Activities

(“SSAP 86”) for derivative transactions entered into or modified on or after January 1,

2003. Under SSAP 86, derivatives that are deemed effective hedges are accounted for

entirely in a manner which is consistent with the underlying hedged item. Derivatives

used in hedging transactions that do not meet the requirements of SSAP 86 as an

effective hedge are carried at fair value with the change in value recorded in surplus as

unrealized gains or losses. Embedded derivatives are not accounted for separately from

the host contract. Under GAAP, the effective and ineffective portions of a single hedge

are accounted for separately. For effective cash flow hedges, changes in fair value are

credited or charged directly to a separate component of shareholder’s equity rather than

to income as required for fair value hedges. An embedded derivative within a contract

that is not clearly and closely related to the economic characteristics and risk of the host

contract is accounted for separately from the host contract and valued and reported at fair

value, and the change in fair value is recognized in income.

Mortgage Loans: Mortgage loans are reported at amortized cost, less write down for

impairments. If the value of any mortgage loan is determined to be impaired (i.e., when

it is probable that the Company will be unable to collect all amounts due according to the

contractual terms of the loan agreement), the carrying value of the mortgage loan is

reduced to either the present value of expected cash flows from the loan, discounted at

the loan’s effective interest rate, or fair value of the collateral. For those mortgages that

are determined to require foreclosure, the carrying value is reduced to the fair value of the

underlying collateral, net of estimated costs to obtain and sell at the point of foreclosure.

The carrying value of the impaired loans is reduced by establishing a permanent write-

down recorded in net realized capital gains (losses). Under GAAP, in addition to

impairments of specific mortgage loans, an allowance is recorded for probable incurred,

but not specifically identified, losses related to factors inherent in the lending process.

Valuation Reserves: The AVR is intended to establish a reserve to offset potential credit

related investment losses on most invested asset categories. AVR is determined by an

NAIC prescribed formula and is reported as a liability rather than as a valuation

allowance or an appropriation of surplus. The change in AVR is reported directly to

unassigned surplus.

Interest Maintenance Reserve: Under a formula prescribed by the NAIC, the Company

defers the portion of realized gains and losses on sales of fixed income investments,

principally bonds, derivatives, and mortgage loans, attributable to changes in the general

level of interest rates and amortizes those deferrals over the remaining period to maturity

based on groupings of individual securities sold in five year bands. The Company’s net

deferral of IMR is reported as a liability in the accompanying Balance Sheets.

Policy Acquisition Costs: The costs of acquiring and renewing business are expensed

when incurred. Under GAAP, acquisition costs related to traditional life insurance, to the

extent recoverable from future policy revenues, are deferred and amortized over the

premium paying period of the related policies using assumptions consistent with those

used in computing policy benefit reserves. For universal life insurance and investment

products, to the extent recoverable from future gross profits, acquisition costs are

amortized generally in proportion to the present value of expected gross profits from

surrender charges and investment, mortality, and expense margins.

Premiums: Life premiums are recognized as revenue when due. Premiums for annuity

policies with mortality and morbidity risk, except for guaranteed interest and group

annuity contracts, are also recognized as revenue when due. Premiums received for

annuity policies without mortality or morbidity risk and for guaranteed interest and group

annuity contracts are recorded using deposit accounting.

Under GAAP, premiums for traditional life insurance products, which include those

products with fixed and guaranteed premiums and benefits and consist primarily of whole

life insurance policies, are recognized as revenue when due. Group insurance premiums

are recognized as premium revenue over the time period to which the premiums relate.

Revenues for universal life, annuities and guaranteed interest contracts consist of policy

charges for the cost of insurance, policy administration charges, amortization of policy

initiation fees and surrender charges assessed during the period.

Benefit and Contract Reserves: Life policy and contract reserves under statutory

accounting practices are calculated based upon both the net level premium and

Commissioners’ Reserve Valuation methods (“CRVM”) using statutory rates for

mortality and interest. GAAP requires that policy reserves for traditional products be

based upon the net level premium method utilizing reasonably conservative estimates of

mortality, interest, and withdrawals prevailing when the policies were sold. For interest

sensitive products, the GAAP policy reserve is equal to the policy fund balance plus an

unearned revenue reserve which reflects the unamortized balance of early year policy

loads over renewal year policy loads.

Reinsurance: For business ceded to unauthorized reinsurers, statutory accounting

practices require that reinsurance credits permitted by the treaty be recorded as an

offsetting liability and charged against unassigned surplus. Under GAAP, an allowance

for amounts deemed uncollectible would be established through a charge to earnings.

Statutory income recognized on certain reinsurance treaties representing financing

arrangements is not recognized on a GAAP basis.

Policy and contract liabilities ceded to reinsurers have been reported as reductions of the

related reserves rather than as assets as required under GAAP.

Commissions allowed by reinsurers on business ceded are reported as income when

received rather than being deferred and amortized with deferred policy acquisition costs

as required under GAAP.

Gains and losses generated in certain reinsurance transactions are deferred and amortized

over the remaining life of the business for GAAP purposes. For statutory, losses are

recognized immediately in income, with gains reported as a separate component of

surplus and amortized over the remaining life of the business.

Nonadmitted Assets: Certain assets designated as “nonadmitted,” principally disallowed

deferred federal income tax assets, disallowed interest maintenance reserves, non

operating software, past due agents’ balances, furniture and equipment, intangible assets,

and other assets not specifically identified as an admitted asset within the NAIC

Accounting Practices and Procedures Manual, are excluded from the accompanying

Balance Sheets and are charged directly to unassigned surplus. Under GAAP, such assets

are included in the Balance Sheets.

Employee Benefits: For purposes of calculating the Company’s pension and

postretirement benefit obligations, only vested participants and current retirees are

included in the valuation. Under GAAP, active participants not currently vested are also

included.

Universal Life and Annuity Policies: Revenues for universal life and annuity policies

consist of the entire premium received and benefits incurred represent the total of death

benefits paid and the change in policy reserves. Under GAAP, premiums received in

excess of policy charges would not be recognized as premium revenue and benefits

would represent the excess of benefits paid over the policy account value and interest

credited to the account values.

Policyholder Dividends: Policyholder dividends are recognized when declared. Under

GAAP, dividends are recognized over the term of the related policies.

Deferred Income Taxes: Deferred tax assets are provided for and admitted to an amount

determined under a standard formula. This formula considers the amount of differences

that will reverse over the next year, taxes paid in prior years that could be recovered

through carrybacks, surplus limits, and the amount of deferred tax liabilities available for

offset. For periods after the adoption of SSAP No. 10R, Income Taxes, and assuming

certain minimum thresholds are met, the formula allows the Company to consider the

amount that is expected to reverse over the next three years rather than the single year

under SSAP No. 10. SSAP No. 10R also requires the Company to reduce the gross

deferred tax asset by a statutory valuation allowance adjustment if, based on the weight

of available evidence, it is more likely than not (a likelihood of more than 50 percent)

that some portion or all of the gross deferred tax assets will not be realized. Any deferred

tax assets not covered under the formula are nonadmitted. Deferred taxes do not include

any amounts for state taxes. Under GAAP, a deferred tax asset is recorded for the amount

of gross deferred tax assets that are expected to be realized in future years and a valuation

allowance is established for the portion that is more likely than not realizable.

Statements of Cash Flows: Cash and short term investments in the Statements of Cash

Flows represent cash balances, demand deposits and short-term fixed maturity

investments with initial maturities of one year or less at the date of acquisition. Under

GAAP, the corresponding caption of cash and cash equivalents includes cash balances

and investments with initial maturities of three months or less. Other invested assets

include cash loaned through the Company’s reciprocal loan program.

Reconciliation to GAAP: The effects of the preceding variances from GAAP on the

accompanying statutory basis financial statements have not been determined, but are

presumed to be material.

Other significant accounting practices are as follows:

Investments: Investments are stated at values prescribed by the NAIC, as follows:

Bonds not backed by other loans are principally stated at amortized cost using the

effective interest method.

Loan backed securities are stated at either amortized cost or the lower of amortized cost

or fair value. Amortized cost is determined using the effective interest method and

includes anticipated prepayments. The retrospective adjustment method is used to

determine the amortized cost for the majority of loan-backed and structured securities.


For certain securities the prospective adjustment method is used, including interest only
securities and securities that have experienced an other-than-temporary impairment.

Redeemable preferred stocks rated as high quality or better are reported at cost or
amortized cost. All other redeemable preferred stocks are reported at the lower of cost,
amortized cost, or fair value and nonredeemable preferred stocks are reported at fair
value or the lower of cost or fair value.

Common stocks are reported at fair value and the related unrealized capital gains/losses
are reported in unassigned surplus along with adjustment for federal income taxes.

The Company’s use of derivatives is primarily for economic hedging purposes to reduce
the Company’s exposure to cash flow variability of assets and liabilities, interest rate risk,
credit risk, and market risk. For those derivatives in effective hedging relationships, the
Company values all derivative instruments on a consistent basis with the hedged item.
Upon termination, gains and losses on instruments are included in the carrying values of
the underlying hedged items and are amortized over the remaining lives of the hedged
items as adjustments to investment income or benefits from the hedged items. Any
unamortized gains or losses are recognized when the underlying hedged items are sold.
The unrealized gains and losses from derivatives not designated as accounting hedges are
reported at fair value through surplus. Upon termination, interest related gains and losses
are included in IMR and are amortized over the remaining lives of the derivatives; other
gains and losses are added to the AVR. The Company enters into the following
derivatives:

§	Interest rate swaps: Interest rate swaps are used to manage the interest rate risk in
	the Company’s fixed maturity portfolio, as well as the Company’s liabilities.
	Interest rate swaps represent contracts that require the exchange of cash flows at
	regular interim periods, typically monthly or quarterly. The net interest effect of
	such swap transactions is reported as an adjustment of interest income from the
	hedged items as incurred.

§	Credit default swaps and total return swaps are utilized to replicate the investment
	characteristics of permissible investments using the derivative in conjunction with
	other investments. Replicated (synthetic) assets filed with the NAIC SVO result in
	both the derivative and cash instrument being carried at amortized cost. The
	replication practices are in accordance with SSAP No. 86.

§	Credit default swaps: Credit default swaps are used to reduce the credit loss
	exposure with respect to certain assets that the Company owns, or to assume credit
	exposure on certain assets that the Company does not own. Payments are made to or
	received from the counterparty at specified intervals and represents amounts for the
	purchase or sale of credit protection. In the event of a default on the underlying
	credit exposure, the Company will either receive an additional payment (purchased


	credit protection) or will be required to make an additional payment (sold credit
	protection) equal to par minus recovery value of the swap contract.

§	Futures: The Company utilizes futures contracts in a dynamic hedge of their
	variable annuity products.

§	Options: Call options are used to hedge against an increase in the various equity
	indices. Such increase may result in increased payments to contract holders of fixed
	indexed annuity contracts, and the options offset this increased expense. Put options
	are used to hedge the liability associated with embedded derivatives in certain
	variable annuity contracts and as part of a hedging program designed to mitigate the
	impact of potential declines in equity markets and their impact on regulatory
	capital. Options are reported at fair value.

Contract loans are reported at unpaid principal balances.

The Company does not currently engage in reverse repurchase agreements and reverse
dollar repurchase agreements, but has in prior years. Such arrangements typically meet
the requirements to be accounted for as financings. For both reverse repurchase
agreements and reverse dollar repurchase agreements, company policies require that at all
times during the respective agreement term, cash or other collateral types obtained is
sufficient to allow the Company to find substantially all of the cost of purchasing
replacement assets from others. Cash collateral received is used for general liquidity
purposes and the offsetting collateral liability is included in borrowed money on the
Balance Sheets.

The Company engages in securities lending whereby certain domestic bonds from its
portfolio are loaned to other institutions for short periods of time. Collateral, primarily
cash, which is in excess of the fair value of the loaned securities, is deposited by the
borrower with a lending agent, and retained and invested by the lending agent to generate
additional income for the Company. The Company does not have access to the collateral.
The Company’s policy requires a minimum of 102% of the fair value of securities loaned
to be maintained as collateral. The fair value of the loaned securities is monitored on a
daily basis with additional collateral obtained or refunded as the fair value fluctuates.
Short term investments are reported at amortized cost which approximates fair value.
Short term investments include investments with maturities between one year and three
months at the date of acquisition.

Partnership interests, which are included in other invested assets, are reported at the
underlying audited GAAP equity of the investee. Changes in surplus from distributions
are reported in investment income.

Realized capital gains and losses are determined using the first in first out method.

Cash on hand includes cash equivalents. Cash equivalents are short term investments that

are both readily convertible to cash and have an original maturity date of three months or

less.

Aggregate Reserve for Life Policies and Contracts: Life, annuity, and accident and health

reserves are developed by actuarial methods and are determined based on published

tables using statutorily specified interest rates and valuation methods that will provide, in

the aggregate, reserves that are greater than or equal to the minimum or guaranteed policy

cash value or the amounts required by law. Interest rates range from 2.25% to 8.75% for

2010.

The Company waives the deduction of deferred fractional premiums upon the death of

the insured. It is the Company’s practice to return a pro rata portion of any premium paid

beyond the policy month of death, although it is not contractually required to do so for

certain issues.

The methods used in valuation of substandard policies are as follows:

For life, endowment and term policies issued substandard, the standard reserve during the

premium paying period is increased by 50% of the gross annual extra premium. Standard

reserves are held on Paid-Up Limited Pay contracts.

For reinsurance accepted with table rating, the reserve established is a multiple of the

standard reserve corresponding to the table rating.

For reinsurance with flat extra premiums, the standard reserve is increased by 50% of the

flat extra.

The amount of insurance in force for which the gross premiums are less than the net

premiums, according to the standard of valuation required by the New York Insurance

Department, is $18.3 billion and $18.4 billion at December 31, 2010 and 2009,

respectively. The amount of premium deficiency reserves for policies on which gross

premiums are less than the net premiums is $83.0 and $105.2 at December 31, 2010 and

2009, respectively. The Company anticipates investment income as a factor in the

premium deficiency calculation in accordance with SSAP No. 54, Individual and Group

Accident and Health Contracts.

The tabular interest has been determined from the basic data for the calculation of policy

reserves for all direct ordinary life insurance and for the portion of group life insurance

classified as group Section 79. The method of determination of tabular interest of funds

not involving life contingencies is as follows: current year reserves, plus payments, less

prior year reserves, less funds added.

Reinsurance: Reinsurance premiums, commissions, expense reimbursements, and

reserves related to reinsured business are accounted for on a basis consistent with those

used in accounting for the original policies issued and the terms of the reinsurance

contracts. Reserves are based on the terms of the reinsurance contracts and are consistent

with the risks assumed. Premiums and benefits ceded to other companies have been

reported as a reduction of premium revenue and benefits expense. Amounts applicable to

reinsurance ceded for reserves and unpaid claim liabilities have been reported as

reductions of these items, and expense allowances received in connection with

reinsurance ceded have been reflected in operations.

Electronic Data Processing Equipment: Electronic data processing equipment is carried

at cost less accumulated depreciation. Depreciation for major classes of such assets is

calculated on a straight line basis over the estimated useful life of the asset.

Participating Insurance: Participating business approximates less than 2.0% of the

Company’s ordinary life insurance in force and 5.3% of premium income. The amount of

dividends to be paid to participating policyholders is determined annually by the Board of

Directors. Amounts allocable to participating policyholders are based on published

dividend projections or expected dividend scales. Dividends expense of $0.9, $0.9 and

$0.8 was incurred in 2010, 2009 and 2008, respectively.

Benefit Plans: The Company, through its parent or affiliates, provides noncontributory

retirement plans for substantially all employees and certain agents. Pension costs are

charged to operations as contributions are made to the plans. The Company also provides

a contributory retirement plan for substantially all employees.

Nonadmitted Assets: Nonadmitted assets are summarized as follows:

data. Such liabilities are considered to be reasonable and adequate to discharge the

Company’s obligations for claims incurred but unpaid as of December 31, 2010.

Guaranteed Benefits: For variable annuity guarantees, Actuarial Guideline 43 – Variable

Annuity Commissioners Annuity Reserve Valuation Method (“AG43”), is followed.

This guideline interprets how to apply the NAIC Commissioners’ Annuity Reserve

Valuation Method to Variable Annuities. The greater of the result under a single

deterministic “Standard Scenario” and the average of the most severe 30% of randomly

generated stochastic scenarios is held. Both reinsurance and hedging are also reflected.

Taxes are not incorporated. All assumptions for the Standard Scenario are prescribed. For

the stochastic scenarios, equity market returns must meet a calibration test. All other

assumptions are set by the actuary using prudent best-estimates. AG43 replaces Actuarial

Guidelines 34 and Reg 128 for Variable Annuities effective December 31, 2009. Per

AG43, the reserve as of January 1, 2009 shall be the sum of the reserves from the asset

adequacy analysis requirements in AG34 and Reg 128. Therefore, there was no

cumulative effect of adopting AG 43 in 2009. Where the application of AG43 produces

higher reserves that the Company had otherwise established under AG 34 and Reg 128,

the Company may request a grade-in period, not to exceed three years, from the

Domiciliary Commissioner (“Commissioner”). The grading shall be done only on

reserves on the contracts in-force as of the current year. The reserves under the old basis

and the new basis shall be compared each year with two-thirds of the difference

subtracted from the reserve under the new basis in the current year and one-third of the

difference subtracted from the new basis in the upcoming year. The Company did not

elect the grade-in provision, therefore reserves at December 31, 2010 and 2009 reflect the

full impact of the initial adoption of AG43.

Separate Accounts: Most separate account assets and liabilities held by the Company

represent funds held for the benefit of the Company’s variable life and annuity policy and

contract holders who bear all of the investment risk associated with the policies. Such

policies are of a non-guaranteed nature. All net investment experience, positive or

negative, is attributed to the policy and contract holders’ account values. The assets and

liabilities of these accounts are carried at fair value and are legally segregated and are not

subject to claims that arise out of any other business of the Company.

Reserves related to the Company’s mortality risk are included in life and annuity

reserves. These reserves include reserves for guaranteed minimum death benefits (before

reinsurance) that totaled $5.9 and $20.8 at December 31, 2010 and 2009, respectively.

The operations of the separate accounts are not included in the accompanying financial

statements.


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

		permitted by the State of New York for determining and reporting the financial condition
		and results of operations of an insurance company and for determining its solvency under
		the New York Insurance Laws. The NAIC Accounting Practices and Procedures Manual
		has been adopted as a component of prescribed or permitted practices by the State of
		New York. The New York Commissioner of Insurance has the right to permit other
		specific practices that deviate from prescribed practices.

		The Company is required to identify those significant accounting practices that are
		permitted, and obtain written approval of the practices from the New York Insurance
		Department. As of December 31, 2010, 2009 and 2008, the Company had no such
		permitted accounting practices.

3	.	Investments

		*Fixed Maturities and Equity Securities*

		The cost or amortized cost and fair value of bonds and equity securities are as follows:

				Cost or		Gross		Gross
				Amortized		Unrealized		Unrealized		Fair
				Cost		Gains		Losses		Value
						(In Thousands)
		December 31, 2010:
		U.S. Treasury securities and
		obligations of U.S. government
		corporations and agencies	$	183,721	$	2,584	$	17,538	$	168,767
		States, municipalities,
		and political subdivisions		6,310		-		1,984		4,326
		Foreign other (par value - $320,267)		320,187		11,645		7,286		324,546
		Foreign government (par value - $16,932)		18,244		614		456		18,402
		Public utilities securities		22,621		1,321		273		23,669
		Corporate securities		930,971		53,519		8,436		976,054
		Residential mortgage backed securities		135,989		2,661		4,009		134,641
		Commercial mortgage backed securities		126,569		5,440		12,193		119,816
		Other asset backed securities		41,194		2,793		1,035		42,952
		Total fixed maturities		1,785,806		80,577		53,210		1,813,173
		Preferred stocks		493		9		-		502
		Common stocks		313		390		-		702
		Total equity securities		806		399		-		1,204
		Total	$	1,786,612	$	80,976	$	53,210	$	1,814,377

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

whose loan structure provides repayment options to the borrower that increase the risk of

default. The Company classifies any securities backed by residential mortgage collateral

not clearly identifiable as prime or subprime into the Alt-A category.

The market for securities collateralized by subprime mortgages has been in a period of

extended distress and uncertainty with regards to credit performance. Underlying

collateral has continued to reflect the problems associated with a housing market that has

seen substantial price declines and an employment market that has declined significantly

and remained under stress. Credit spreads have widened meaningfully from issuance and

rating agency downgrades have been widespread and severe within the sector. Over the

course of 2009 and 2010, price transparency and liquidity for bonds backed by subprime

mortgages have improved with reduced volatility across broader risk markets. In

managing it risk exposure to subprime mortgages, ING takes into account collateral

performance and structural characteristics associated with its various positions. It

constructs various scenarios to project forward looking cash flows for each bond. ING’s

views are updated quarterly to ensure other than temporary impairments are properly

recorded.

The following table summarizes the Company’s exposure to subprime mortgage backed

holdings and Alt-A mortgage backed securities through other investments as of

December 31, 2010:

The Company did not have underwriting exposure to subprime mortgage risk through

investments in subprime mortgage loans, Mortgage Guaranty or Financial Guaranty

insurance coverage as of December 31, 2010.

Transfer of Alt-A RMBS Participation Interest

On January 26, 2009, ING announced it reached an agreement, for itself and on behalf of

certain ING affiliates, with the Dutch State on an Illiquid Assets Back-up Facility (the

“Back-up Facility”) covering 80% of ING’s Alt-A residential mortgage-backed securities

(“Alt-A RMBS”). Under the terms of the Back-up Facility, a full credit risk transfer to

the Dutch State was realized on 80% of ING’s Alt-A RMBS owned by ING Bank, FSB

and ING affiliates within ING Insurance Americas with a book value of $36.0 billion.

The Company did not participate in this portion of the Back-up Facility. As a result of

the risk transfer, the Dutch State will participate in 80% of any results of the ING Alt-A

RMBS portfolio. The risk transfer to the Dutch State took place at a discount of 10% of

par value. In addition, under the Back-up Facility, other fees were paid both by ING

affiliates and the Dutch State. Each ING company participating in the ING-Dutch State

Transaction remains the legal owner of 100% of its Alt-A RMBS portfolio and will

remain exposed to 20% of any results on the portfolio. The ING-Dutch State Transaction

closed on March 31, 2009, with the affiliate participation conveyance and risk transfer to

the Dutch State described in the succeeding paragraph taking effect as of January 26,

2009.

In a second transaction, known as the Step 1 Cash Transfer, a portion of the Company’s

Alt-A RMBS which had a book value of approximately $65.0 was sold for cash to an

affiliate, Lion II Custom Investments LLC (“Lion II”). Immediately thereafter, Lion II

sold to ING Direct Bancorp the purchased securities (the “Step 2 Cash Transfer”).

Contemporaneous with the Step 2 Cash Transfer, ING Direct Bancorp included such

purchased securities as part of its Alt-A RMBS portfolio sale to the Dutch State. The

Step 1 Cash Transfer closed on March 31, 2009 contemporaneous with the closing of the

ING-Dutch Transaction.

Since the Company had the intent to sell as of December 31, 2008, a portion of its Alt-A

RMBS as part of the Step 1 Cash Transfer, the Company evaluated the securities for

impairment under INT 06-07: Definition of Phrase “Other Than Temporary” and SSAP

No. 43, “Loan-backed and Structured Securities.” Per SSAP No. 43, the book value of

the other-than-temporary impaired security must be written down to the estimated

undiscounted future cash flows. In applying of SSAP No. 43, the Company considered

the estimated undiscounted future cash flows for the impairment to be the remaining

undiscounted cash flows on the security over its expected life. Since the estimated

undiscounted future cash flow from these securities exceeded the carrying value of the

securities at December 31, 2008, no impairment was recorded. The Company recorded a

realized loss of $4.5 related to this transaction during the first quarter of 2009. See the

ING Restructuring Plan disclosure in Commitments and Contingencies for more on this

transaction.

Mortgage Loans

All mortgage loans are evaluated by seasoned underwriters, including an appraisal of

loan-specific credit quality, property characteristics, and market trends, and assigned a

quality rating using the Company’s internally developed quality rating system. As of

December 31, 2010 and 2009, the distribution based upon this quality rating system is as

follows:

Loan performance is continuously monitored on a loan-specific basis through the review

of borrower submitted appraisals, operating statements, rent revenues and annual

inspection reports, among other items. This review ensures properties are performing at a

consistent and acceptable level to secure the debt.

All commercial mortgages are rated for the purpose of quantifying the level of risk.

Those loans with higher risk are placed on a watch list and are closely monitored for

collateral deficiency or other credit events that may lead to a potential loss of principal or

interest. If the value of any mortgage loan is determined to be impaired (i.e., when it is

probable that the Company will be unable to collect on all amounts due according to the

contractual terms of the loan agreement), the carrying value of the mortgage loan is

reduced to either the present value of expected cash flows from the loan, discounted at

the loan’s effective interest rate, or fair value of the collateral. As of December 31, 2010

and 2009, the Company held no impaired mortgage loans. For the same periods, no

commercial mortgage loans were past due.

The maximum and minimum lending rates for long term mortgage loans during 2010

were 5.5% and 5.5%. Fire insurance is required on all properties covered by mortgage

loans and must at least equal the excess of the loan over the maximum loan which would

be permitted by law on the land without the buildings. Generally all risk coverage at

replacement cost is required for a property securing real estate finance investments.

As of December 31, 2010 and 2009, the Company held no mortgages with interest more

than 180 days overdue. No interest was past due as of December 31, 2010 and 2009.

The Company had no impaired mortgage loans for 2010, 2009 or 2008.

Net Realized Capital Gains and Losses

Realized capital gains (losses) are reported net of federal income taxes and amounts

transferred to the IMR as follows:


			Amortized Cost		Present Value of
			Basis Before		Projected Cash		Recognized		Amortized Cost
			OTTI		Flows		OTTI		After OTTI		Fair Value
First quarter:					(In Thousands)
00075	VAG6	$	9	$	3	$	6	$	3	$	1
1248MGA	L8		1,491		1,459		32		1,459		886
126685	AM8		840		823		16		823		321
12668	WAC1		100		94		6		94		63
12669	GUL3		6,143		5,833		310		5,833		4,831
362341	S59		4,229		4,135		94		4,135		4,313
46629	QAD8		1,277		1,063		214		1,063		733
59023	XAD8		917		705		212		705		322
Total first quarter		$	15,006	$	14,115	$	890	$	14,115	$	11,470

Second quarter:
00075	VAG6	$	2	$	2	$	1	$	2	$	1
1248MGA	L8		1,448		1,416		32		1,416		909
12668	WAC1		94		93		-		93		63
12669	GUL3		5,573		5,384		189		5,384		4,982
362341	S59		4,010		3,953		58		3,953		4,287
126685	AK2		1,651		733		918		733		540
20173	QAN1		2,508		2,213		295		2,213		222
1248MBA	J4		1,000		978		22		978		568
Total second quarter		$	16,286	$	14,772	$	1,515	$	14,772	$	11,572

Third quarter:
12668	WAC1	$	93	$	92	$	2	$	92	$	54
12669	GUL3		5,045		4,872		172		4,872		4,872
20173	QAN1		2,213		329		1,884		329		229
46629	PAT5		4,596		2,880		1,717		2,880		1,081
57643	MMM3		1,132		1,086		46		1,086		867
Total third quarter		$	13,079	$	9,259	$	3,821	$	9,259	$	7,103

The total amount of OTTI’s recognized by the Company arising from the present value of
expected cash flows being less than the amortized cost of structured securities subject to
SSAP No. 43R was $10.5 and $2.0 in 2010 and 2009, respectively.

The following table discloses, in the aggregate, all structured securities in an unrealized
loss position subject to SSAP No. 43R for which an OTTI has not been recognized in
earnings as a realized loss, including securities with a recognized OTTI for non-interest
related declines when a non-recognized interest related impairment remains:

For the years ended December 31, 2010, 2009 and 2008, realized capital losses include
$0.6, $3.6 and $0.7 respectively related to Limited Partnerships that have experienced an
other than temporary decline in value.

Investment Income

Major categories of net investment income are summarized as follows:

Reverse Repurchase Agreements and Securities Lending

The Company had loaned securities, which are reflected as invested assets on the Balance
Sheets, with a fair value of approximately $60.5 and $46.8 at December 31, 2010 and
2009, respectively.

The aggregate amount of collateral received, by specific time period, for repurchase
agreements and securities lending agreements at December 31, 2010 and 2009 are shown
below. The Company does not participate in dollar repurchase transactions.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The aggregate amount of collateral reinvested, by specific time period, for repurchase
agreements and securities lending agreements at December 31, 2010 and 2009 are shown
below:


At December 31, 2010:
		Repurchase Agreements				Securities Lending
		Amortized			Amortized
		Cost	Fair Value			Cost	Fair Value
				(In Thousands)
Open	$	-	$	-	$	-	$	-
30 days or less		-		-		56,392		56,031
31 to 60 days		-		-		-		-
61 to 90 days		-		-		-		-
91 to 120 days		-		-		-		-
121 to 180 days		-		-		-		-
181 to 365 days		-		-		6,051		6,051
1 to 2 years		-		-		-		-
2 to 3 years		-		-		-		-
Greater than 3 years		-		-		23		9
Securities received		-		-		-		-
Total collateral reinvested	$	-	$	-	$	62,466	$	62,091


At December 31, 2009:
		Repurchase Agreements				Securities Lending
		Amortized			Amortized
		Cost	Fair Value			Cost	Fair Value
				(In Thousands)
Open	$	-	$	-	$	-	$	-
30 days or less		-		-		44,492		44,115
31 to 60 days		-		-		-		-
61 to 90 days		-		-		78		77
91 to 120 days		-		-		2,000		1,999
121 to 180 days		-		-		26		9
181 to 365 days		-		-		2,000		1,992
1 to 2 years		-		-		-		-
2 to 3 years		-		-		-		-
Greater than 3 years		-		-		-		-
Securities received		-		-		-		-
Total collateral reinvested	$	-	$	-	$	48,596	$	48,192


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

		*Low-Income Housing Tax Credits*

		The Company had a carrying value of $0.4 in Low-Income Housing Tax Credits
		(“LIHTC”) at December 31, 2010. The tax credits are projected to expire in 2018. The
		Company is indifferent to the holding period of the investments as the credits are
		guaranteed by a third party. The Company is unaware of any current regulatory reviews
		of the LIHTC property.


4	.	Derivative Financial Instruments Held for Purposes Other than Trading

		Premiums paid for the purchase of interest rate contracts are included in other invested
		assets on the Balance Sheets and are being amortized to interest expense over the
		remaining terms of the contracts or in a manner consistent with the financial instruments
		being hedged.

		Amounts paid or received, if any, from such contracts are included in interest expense or
		income on the Statements of Operations. Accrued amounts payable to or receivable from
		counterparties are included in other liabilities or other invested assets. Gains or losses
		realized as a result of early terminations of interest rate contracts are amortized to
		investment income over the remaining term of the items being hedged to the extent the
		hedge is considered to be effective; otherwise, they are recognized upon termination.

		Derivatives that are designated as being in an effective hedging relationship are reported
		in a manner that is consistent with the hedged asset or liability. Derivative contracts that
		are matched or otherwise designated to be associated with other financial instruments are
		recorded at fair value if the related financial instruments mature, are sold, or are
		otherwise terminated or if the interest rate contracts cease to be effective hedges.
		Changes in the fair value of derivatives not designated in effective hedging relationships
		are recorded as unrealized gains and losses in surplus.

		The Company is exposed to credit loss in the event of nonperformance by counterparties
		on certain derivative contracts; however, the Company does not anticipate
		nonperformance by any of these counterparties. The amount of such exposure is
		generally the unrealized gains in such contracts. The Company manages the potential
		credit exposure from interest rate contracts through careful evaluation of the
		counterparties’ credit standing, collateral agreements, and master netting agreements.

		The Company sells credit default swap protection, in conjunction with other investments,
		to replicate the income characteristics of otherwise permitted investments. The standard
		contract is five or seven years. In the event of default of the reference entity, the
		Company would be required to pay the notional amount of contract. At December 31,
		2010, the total amount would be $50.0.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The Company held below investment grade corporate bonds with an aggregate book
value of $98.9 and $111.3 and an aggregate fair value of $91.7 and $83.2 at
December 31, 2010 and 2009, respectively. Those holdings amounted to 5.56% of the
Company’s investments in bonds and 4.45% of total admitted assets at December 31,
2010. The holdings of below investment grade bonds are widely diversified and of
satisfactory quality based on the Company’s investment policies and credit standards.

The Company held unrated bonds of $232.1 and $106.9 with an aggregate NAIC fair
value of $228.4 and $90.0 at December 31, 2010 and 2009, respectively. The carrying
value of these holdings amounted to 13.05% of the Company’s investment in bonds and
10.43% of the Company’s total admitted assets at December 31, 2010.

At December 31, 2010, the Company’s commercial mortgages involved a concentration
of properties located in California (39.4%) and Texas (15.5%). The remaining
commercial mortgages relate to properties located in 19 other states. The portfolio is well
diversified, covering many different types of income producing properties on which the
Company has first mortgage liens. The maximum mortgage outstanding on any
individual property is $6.7.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

6. Annuity Reserves

At December 31, 2010 and 2009, the Company’s annuity reserves, including those held
in separate accounts and deposit fund liabilities that are subject to discretionary
withdrawal (with adjustment), subject to discretionary withdrawal (without adjustment),
and not subject to discretionary withdrawal provisions are summarized as follows:

Of the $1.5 billion total net annuity reserves and deposit fund liabilities at December 31,
2010, $0.4 billion is included in the general account, and $1.1 billion is included in the
separate account. Of the $1.4 billion total net annuity reserves and deposit fund liabilities
at December 31, 2009, $0.4 billion is included in the general account, and $1.0 billion is
included in the separate account.


7	.	Employee Benefit Plans

		Defined Benefit Plan: ING North America Insurance Corporation (“ING North
		America”) sponsors the ING Americas Retirement Plan (the “Qualified Plan”), effective
		as of December 31, 2001. Effective January 1, 2009, the Qualified Plan is no longer
		available to new employees or re-hires. Employees of ING North America and its
		subsidiaries and affiliates (excluding certain employees) hired prior to January 1, 2009
		will continue to be eligible to participate in the Qualified Plan.

		The Qualified Plan is a tax qualified defined benefit plan, the benefits of which are
		guaranteed (within certain specified legal limits) by the Pension Benefit Guaranty
		Corporation (“PBGC”). As of January 1, 2002, each participant in the Qualified Plan
		(except for certain specified employees) earns a benefit under a final average
		compensation formula. The costs allocated to the Company for its employees’
		participation in the Qualified Plan were $2.1, $1.8 and $1.0 for 2010, 2009 and 2008,
		respectively. ING North America is responsible for all Qualified Plan liabilities.

		Defined Contributions Plans: ING North America sponsors the ING Savings Plan and
		ESOP (the “Savings Plan”). Substantially all employees of ING North America and its
		subsidiaries and affiliates (excluding certain employees) are eligible to participate,
		including the Company’s employees other than Company agents. The Savings Plan is a
		tax qualified profit sharing and stock bonus plan, which includes an employee stock
		ownership plan (“ESOP”) component. Savings Plan benefits are not guaranteed by the
		Pension Benefit Guaranty Corporation (“PBGC’). The Savings Plan allows eligible
		participants to defer into the Savings Plan a specified percentage of eligible compensation
		on a pretax basis. ING North America matches such pretax contributions, up to a
		maximum of 6% of eligible compensation. All matching contributions are subject to a 4
		year graded vesting schedule (although certain specified participants are subject to a 5
		year graded vesting schedule). All contributions made to the Savings Plan are subject to
		certain limits imposed by applicable law. Expense for matching contribution allocated to
		the Company was $0.7 and $0.8 for 2010 and 2009, respectively.

		Other Benefit Plans: In addition to providing retirement plan benefits, the Company, in
		conjunction with ING North America, provides certain supplemental retirement benefits
		to eligible employees and health care and life insurance benefits to retired employees and
		other eligible dependents. The supplemental retirement plan includes a nonqualified
		defined benefit pension plan, and a nonqualified defined contribution plan, which means
		all benefits are payable from the general assets of the Company. The postretirement
		health care plan is contributory, with retiree contribution levels adjusted annually. The
		life insurance plan provides a flat amount of noncontributory coverage and optional
		contributory coverage

		Effective October 1, 2009, the Company no longer subsidizes medical premium costs for
		early retirees. This change does not impact any participant currently retired and receiving

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

Some assets in the separate account are considered legally insulated from the general
account, providing protection of such assets from being available to satisfy claims
resulting in the general account. The assets legally and not legally insulated from the
general account are summarized in the following table, by product or transaction type, as
of December 31, 2010:

In accordance with the products/transactions recorded within the separate account, some
separate account liabilities are guaranteed by the general account. As of December 31,
2010, the general account of the Company had a maximum guarantee for separate
account liabilities of $1.2 billion. To compensate the general account for the risk taken,
the separate account paid $0 in risk charges for the year ended December 31, 2010. Total
separate account guarantees paid by the Company’s general account for the year ended
December 31, 2010 were $1.1 million.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The Company does not engage in securities lending transactions within its separate
accounts.

Pursuant to the policies and procedures, the Company is required to obtain approval and
or otherwise notify the contract holders that assets backing their investments may be
loaned in securities lending transactions.

A reconciliation of the amounts transferred to and from the separate accounts is presented
below:

The separate account liabilities subject to minimum guaranteed benefits, the gross
amount of reserve and the reinsurance reserve credit related to minimum guarantees, by
type, at December 31, 2010 and 2009 were as follows:

Assets supporting separate accounts with additional insurance benefits and minimum
investment return guarantees are comprised of fixed maturities, equity securities,
including mutual funds, and other invested assets. The aggregate fair value of the
invested assets as of December 31, 2010 and 2009 was $1.1 billion and $1.1 billion,
respectively.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)


9	.	Federal Income Taxes

		The Company files a consolidated federal income tax return with its parent ING AIH, a
		Delaware corporation, and other U.S. affiliates. The Company has a written tax sharing
		agreement that provides that each member of the consolidated return shall reimburse ING
		AIH for its respective share of the consolidated federal income tax liability and shall
		receive a benefit for its losses at the statutory rate. The following is a list of all affiliated
		companies that participate in the filing of this consolidated federal income tax return:

		Australia Retirement Services Holding, LLC	ING Investment Trust Co.
		Branson Insurance Agency, Inc	ING Investments Distributor, LLC
		Compulife, Inc.	ING Investments, LLC
		Directed Services, LLC	ING Life Insurance and Annuity Company
		Financial Network Investment Corporation	ING National Trust
		FN Insurance Services, Inc.	ING North America Insurance Corporation
		FNI International, Inc.	ING Payroll Management, Inc.
		Furman Selz Investments, LLC	ING Pomona Holdings LLC
		Guaranty Brokerage Services, Inc.	ING Realty Group LLC
		IB Holdings, LLC	ING Retail Holding Company, Inc.
		IIPS of Florida, LLC	ING USA Annuity and Life Insurance Company
		ILICA, Inc.	ING Wealth Solutions, LLC
		ING Alternative Asset Management, LLC	Lion Connecticut Holdings Inc.
		ING America Equities, Inc.	Lion Custom Investments, LLC
		ING America Insurance Holdings, Inc.	Lion II Custom Investments, LLC
		ING Brokers Network, LLC	MFSC Insurance Services, Inc.
		ING Capital Corporation, LLC	Midwestern United Life Insurance Company
		ING Equity Holdings, Inc.	Multi-Financial Group, LLC
		ING Financial Advisors, LLC	Multi-Financial Securities Corporation
		ING Financial Partners, Inc.	Pomona Management LLC
		ING Financial Products Company, Inc.	PrimeVest Financial Services, Inc.
		ING Funds Services, LLC	PrimeVest Insurance Agency of Texas, Inc.
		ING Furman Selz (SBIC) Investments LLC	ReliaStar Life Insurance Company
		ING Institutional Plan Services, LLC	ReliaStar Life Insurance Company of New York
		ING Insurance Agency of Texas, Inc.	Roaring River, LLC
		ING Insurance Agency, Inc.	Roaring River II, LLC
		ING Insurance Services, Inc.	Security Life Assignment Corp.
		ING Insurance Services of Massachusetts, Inc.	Security Life of Denver Insurance Company
		ING International Insurance Holdings, Inc.	Security Life of Denver International, Ltd.
		ING International Nominee Holdings, Inc.	SLDI Georgia Holdings, Inc.
		ING Investment Advisors, LLC	Systematized Benefits Administrators, Inc.
		ING Investment Management Alternative Assets, LLC	Whisperingwind I, LLC
		ING Investment Management Co.	Whisperingwind II, LLC
		ING Investment Management Services, LLC	Whisperingwind III, LLC
		ING Investment Management, LLC

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The Company adopted SSAP 10R effective December 31, 2009. The December 31, 2010
and 2009 balances and related disclosures are calculated and presented pursuant to SSAP
10R. The December 31, 2008 balances and related disclosures are calculated and
presented pursuant to SSAP 10 prior to its modification by SSAP 10R.

The decrease in total deferred tax assets that were nonadmitted including the tax
valuation allowance was $5.5 and $33.5 for 2010 and 2009, respectively.

The Company has elected to admit deferred tax assets pursuant to paragraph 10.e of
SSAP 10R for the year ended December 31, 2010 and 2009. The years ended December
31, 2010 and 2009 election differs from the December 31, 2008 year-end reporting
period.


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The amount of admitted adjusted gross deferred tax assets admitted under each
component of SSAP 10R:
		2010		2009		Change
			(In Thousands)
Ordinary
Paragraph 10.a.	$	-	$	-		$	-
Paragraph 10.b., lesser of:
Paragraph 10.b.i.		10,190		9,408			782
Paragraph 10.b.ii.		28,244		35,734		(7,490		)
Paragraph 10.b. (lesser of b.i. or b.ii.)		10,190		9,408			782
Paragraph 10.c.		18,702		17,157			1,545
Total admitted from application of paragraph 10.a. - 10.c.		28,892		26,565			2,327
Paragraph 10.e.i.		-		-			-
Paragraph 10.e.ii., lesser of:
Paragraph 10.e.ii.a.		30,703		16,662		14,041
Paragraph 10.e.ii.b.		42,366		53,600		(11,234		)
Paragraph 10.e.ii. (lesser of e.ii.a. or e.ii.b.)		30,703		16,662		14,041
Paragraph 10.e.iii.		18,702		17,157			1,545
Total admitted from application of paragraph 10.e.	$	49,405	$	33,819	$	15,586

Capital
Paragraph 10.a.	$	-	$	-		$	-
Paragraph 10.b., lesser of:
Paragraph 10.b.i.		8,671		3,780			4,891
Paragraph 10.b.ii.		N/A		N/A		N/A
Paragraph 10.b. (lesser of b.i. or b.ii.)		8,671		3,780			4,891
Paragraph 10.c.		-		1,092		(1,092		)
Total admitted from application of paragraph 10.a. - 10.c.		8,671		4,872			3,799

Paragraph 10.e.i.		-		-			-
Paragraph 10.e.ii., lesser of:
Paragraph 10.e.ii.a.		8,671		3,780			4,891
Paragraph 10.e.ii.b.		N/A		N/A		N/A
Paragraph 10.e.ii. (lesser of e.ii.a. or e.ii.b.)		8,671		3,780			4,891
Paragraph 10.e.iii.		-		1,092		(1,092		)
Total admitted from application of paragraph 10.e.	$	8,671	$	4,872		$	3,799

Total
Paragraph 10.a.	$	-	$	-		$	-
Paragraph 10.b., lesser of:
Paragraph 10.b.i.		18,861		13,188			5,673
Paragraph 10.b.ii.		28,244		35,734		(7,490		)
Paragraph 10.b. (lesser of b.i. or b.ii.)		18,861		13,188			5,673
Paragraph 10.c.		18,702		18,249			453
Total admitted from application of paragraph 10.a. - 10.c.		37,563		31,437			6,126

Paragraph 10.e.i.		-		-			-
Paragraph 10.e.ii., lesser of:
Paragraph 10.e.ii.a.		39,374		20,442		18,932
Paragraph 10.e.ii.b.		42,366		53,600		(11,234		)
Paragraph 10.e.ii. (lesser of e.ii.a. or e.ii.b.)		39,374		20,442		18,932
Paragraph 10.e.iii.		18,702		18,249			453
Total admitted from application of paragraph 10.e.	$	58,076	$	38,691	$	19,385

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)


The main components of deferred tax assets and deferred tax liabilities are as follows:

				2010			2009			Change
						(In Thousands)
(1	)	Deferred Tax Assets
		Ordinary:
		Deferred acquisition costs	$	26,935		$	28,311		$	(1,376	)
		Insurance reserves		74,675			75,940			(1,265	)
		Investments		9,732			-			9,732
		Compensation and benefits		4,017			3,548			469
		Nonadmitted assets and other surplus items		1,984			872			1,112
		Litigation accruals		1,449			1,650			(201	)
		Unrealized loss		-			564			(564	)
		Tax credits		132			132			-
		Other		2,263			1,269			994
		Total gross deferred tax asset		121,187			112,286			8,901
		Valuation allowance adjustment		(132	)		-			(132	)
		Total adjusted gross deferred tax asset		121,055			112,286			8,769
		Nonadmitted deferred tax assets		(71,650	)		(78,466	)		6,816
		Admitted ordinary deferred tax assets	$	49,405		$	33,820		$	15,585
		Capital:
		Investments	$	11,056		$	6,348		$	4,708
		Unrealized loss		313			-			313
		Total gross deferred tax asset		11,369			6,348			5,021
		Valuation allowance adjustment		(2,698	)		(1,477	)		(1,221	)
		Total adjusted gross deferred tax asset		8,671			4,871			3,800
		Nonadmitted deferred tax assets		-			-			-
		Admitted capital deferred tax assets	$	8,671		$	4,871		$	3,800

		Total admitted deferred tax assets	$	58,076		$	38,691		$	19,385
(2	)	Deferred Tax Liabilities
		Ordinary:
		Investments	$	(840	)	$	(837	)	$	(3	)
		Deferred and uncollected premiums		(13,946	)		(11,302	)		(2,644	)
		Insurance reserves		(3,267	)		-			(3,267	)
		Other		(649	)		(5,018	)		4,369
		Total deferred tax liability	$	(18,702	)	$	(17,157	)	$	(1,545	)
		Capital:
		Investments	$	-		$	(20	)	$	20
		Unrealized gain		-			(1,072	)		1,072
		Total deferred tax liability	$	-		$	(1,092	)	$	1,092

		Total deferred tax liabilities	$	(18,702	)	$	(18,249	)	$	(453	)

(3	)	Net Deferred Tax Assets/Liabilities	$	39,374		$	20,442		$	18,932

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The valuation allowance adjustment to gross deferred tax assets as of December 31, 2010
and 2009 was $2.8 and $1.4, respectively. The net change in the total valuation allowance
adjustment for the years ended December 31, 2010 and 2009 was an increase of $1.4 and
$1.4, respectively due to the application of SSAP 10R. The valuation allowance
adjustment at 2010 and 2009 is related to capital losses and foreign tax credits as it is
unlikely that the Company will be able to realize sufficient taxable capital gain income to
offset taxable capital losses or utilize foreign tax credits.

The change in deferred income taxes reported in surplus before the consideration of
nonadmitted assets is comprised of the following components:

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The Company has no unrecorded tax liability as of December 31, 2010.

The provision for federal income tax expense and change in deferred taxes differs from
the amount which would be obtained by applying the statutory federal income tax rate to
income (including capital items) before income taxes for the following reasons:


								Year Ended December 31
			2010					2009					2008
					Effective					Effective					Effective
			Amount		Tax Rate			Amount		Tax Rate			Amount		Tax Rate
								(In Thousands)
Ordinary income (loss)		$	18,076				$	125,936				$	(190,525	)
Capital losses			(31,923	)				(37,903	)				1,376
Total pretax (loss) income			(13,847	)				88,033					(189,149	)
Expected tax expense (benefit) at 35% statutory rate			(4,846	)	35.0	%		30,812		35.0	%		(66,202	)	35.0	%
Increase (decrease) in actual tax reported resulting from:
a.	Dividends received deduction		(1,719	)	12.4	%		(1,190	)	-1.4	%		(1,100	)	0.6	%
b.	Interest maintenance reserve		643		-4.6	%		(1,580	)	-1.8	%		(792	)	0.4	%
c.	Reinsurance		(949	)	6.9	%		(949	)	-1.1	%		13,513		-7.1	%
d.	IRS Audit Adjustment		(538	)	3.9	%		-		0.0	%		-		0.0	%
e.	Other		54		-0.4	%		(320	)	-0.4	%		(48	)	0.0	%
Total income tax reported		$	(7,355	)	53.1	%	$	26,773		30.4	%	$	(54,629	)	28.9	%

Current income taxes incurred		$	6,179		-44.6	%		(7,213	)	-8.2	%		7,758		-4.1	%
Change in deferred income tax*			(13,534	)	97.7	%		33,986		38.6	%		(62,387	)	33.0	%
Total income tax reported		$	(7,355	)	53.1	%	$	26,773		30.4	%	$	(54,629	)	28.9	%
* excluding tax on unrealized gains (losses) and other surplus items

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The Company's RBC level used for purposes of paragraph 10.d is based on authorized
control level RBC of $22.6 and total adjusted capital of $323.5. The amount of admitted
deferred tax assets, admitted assets, statutory surplus and total adjusted capital in the
RBC calculation and the increased amount of deferred tax assets, admitted assets and
surplus as the result of the application of paragraph 10.e:

As of December 31, 2010, there is no operating loss or tax credit carryforward available
for tax purposes. The Company has a minimal tax credit carry forward offset by a full tax
valuation allowance.

There are no federal income taxes incurred that will be available for recoupment in the
event of future net losses from 2010, 2009 and 2008.

There were no deposits admitted under Section 6603 of the Internal Revenue Service
Code as of December 31, 2010.

Under the intercompany tax sharing agreement, the Company has a payable to ING AIH,
an affiliate, of $3.0 and $3.9 for federal income taxes as of December 31, 2010 and 2009,
respectively.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The Company had $0.0, $0.6 and $0.6 of unrecognized tax benefits as of December 31,
2010, 2009 and 2008, respectively, that would affect the Company’s effective tax rate if
recognized.

The Company recognizes accrued interest and penalties related to unrecognized tax
benefits in Federal income taxes and Federal income tax expense on the Balance Sheets
and Statements of Operations, respectively. The Company had accrued interest of $0.0
and $0.1 as of December 31, 2010 and 2009 respectively. The decrease during the period
ended December 31, 2010 is primarily related to the settlement of the 2004-2008 federal
audits.

In September 2010, the IRS completed its examination of the Company’s returns through
tax year 2008. The provision for the year ended December 31, 2010 reflected non-
recurring favorable adjustments, resulting from a reduction in the tax liability that was no
longer deemed necessary based upon the results of the IRS examination, monitoring the
activities of the IRS with respect to certain issues with other taxpayers and the merits of
the Company’s positions.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)


		The Company is currently under audit by the Internal Revenue Service (“IRS”) for tax
		years 2009 and 2010 and it is expected that the examination of tax year 2009 will be
		finalized within the next twelve months. Upon finalization of the IRS examination it is
		reasonably possible that the unrecognized tax benefits will increase by up to $0.2. The
		Company and the IRS have agreed to participate in the Compliance Assurance Program
		(“CAP”) for tax years 2009 and 2010.

10	.	Reinsurance

		The Company is involved in both ceded and assumed reinsurance with other companies
		for the purpose of diversifying risk and limiting exposure on larger risks. To the extent
		that the assuming companies become unable to meet their obligations under these
		treaties, the Company remains contingently liable to its policyholders for the portion
		reinsured. To minimize its exposure to significant losses from retrocessionaire
		insolvencies, the Company evaluates the financial condition of the retrocessionaire and
		monitors concentrations of credit risk.


		The Company’s ceded reinsurance arrangements reduced certain items in the
		accompanying financial statements by the following amounts:

					Year ended December 31
				2010		2009		2008
						(In Thousands)
		Premiums	$	121,699	$	123,288	$	135,242
		Benefits paid or provided		51,495		38,122		47,499
		Policy and contract liabilities at year end		519,230		435,653		356,412

		The Company does not have any reinsurance agreements in effect under which the
		reinsurer may unilaterally cancel the agreement.

		Assumed premiums amounted to $0, $2.7 and $5.4 for 2010, 2009 and 2008,
		respectively.

11	.	Capital and Surplus

		Under New York insurance regulations, the Company is required to maintain a minimum
		total capital and surplus of $6.0. Additionally, the amount of dividends which can be paid
		by the Company to its shareholder without prior approval of the Superintendent of the
		State of New York is limited to the lesser of the net gain from operations excluding
		realized capital gains or 10% of surplus at December 31 of the preceding year.

		On November 12, 2008, ING issued to the Dutch State non-voting Tier 1 securities for a
		total consideration of Euro 10 billion. On February 24, 2009, $2.2 billion was contributed
		to direct and indirect insurance company subsidiaries of ING AIH, of which $90.0 was
		contributed to the Company, effective for December 31, 2008. The contribution was


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

		comprised of the proceeds from the investment by the Dutch government and the
		redistribution of currently existing capital within ING. The Company did not pay
		dividends to ReliaStar during 2010 or 2009. The New York Insurance Department does
		not require notice or approval for ordinary dividends.

		Life and health insurance companies are subject to certain Risk Based Capital (“RBC”)
		requirements as specified by the NAIC. Under those requirements, the amount of capital
		and surplus maintained by a life and health insurance company is to be determined based
		on the various risk factors related to it. At December 31, 2010, the Company meets the
		RBC requirements.

12	.	Fair Values of Financial Instruments

		In cases where quoted market prices are not available, fair values are based on estimates
		using present value or other valuation techniques. Those techniques are significantly
		affected by the assumptions used, including the discount rate and estimates of future cash
		flows. In that regard, the derived fair value estimates cannot be substantiated by
		comparison to independent markets and, in many cases, could not be realized in
		immediate settlement of the financial instrument. Accordingly, the aggregate fair value
		amounts presented herein do not represent the underlying value of the Company.

		Life insurance liabilities that contain mortality risk and all nonfinancial instruments have
		been excluded from the disclosure requirements. However, the fair values of liabilities
		under all insurance contracts are taken into consideration in the Company’s overall
		management of interest rate risk, such that the Company’s exposure to changing interest
		rates is minimized through the matching of investment maturities with amounts due under
		insurance contracts.

The following methods and assumptions were used by the Company in estimating the fair
value disclosures for financial instruments in the accompanying financial statements and
notes thereto:

Cash, cash equivalents and short term investments: The carrying amounts reported in
the accompanying Balance Sheets for these financial instruments approximate their
fair values.

Bonds and equity securities: The Company utilizes a number of valuation
methodologies to determine the fair values of its bonds, preferred stocks and common
stocks reported herein in conformity with the concepts of “exit price” and the fair
value measurement as prescribed in SSAP No. 100, Fair Value Measurements
(“SSAP 100”). Valuations are obtained from third party commercial pricing services,
brokers, and industry-standard vendor-provided software that models the value based
on market observable inputs. The valuations obtained from brokers and third-party
commercial pricing services are non-binding. The valuations are reviewed and
validated monthly through the internal valuation committee price variance review,

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

comparisons to internal pricing models, back testing to recent trades, or monitoring of

trading volumes.

Fair values of privately placed bonds are determined using a matrix-based pricing

model and are classified as Level 2 assets. The model considers the current level of

risk-free interest rates, current corporate spreads, the credit quality of the issuer, and

cash flow characteristics of the security. Also considered are factors such as the net

worth of the borrower, the value of collateral, the capital structure of the borrower,

the presence of guarantees, and the Company’s evaluation of the borrower’s ability to

compete in its relevant market. Using this data, the model generates estimated market

values, which the Company considers reflective of the fair value of each privately

placed bond.

For securities not actively traded, fair values are estimated using values obtained from

independent pricing services or, in the case of private placement investments, are

estimated by discounting the expected future cash flows. The discount rates used

vary as a function of factors such as yield, credit quality, and maturity, which fall

within a range between 1.15% and 30% over the total portfolio. Effective December

31, 2010, the Company statutory fair values represent the amount that would be

received to sell securities at the measurement date (i.e. “exit value” concept).

Mortgage loans: Estimated fair values for commercial real estate loans were

generated using a discounted cash flow approach. Loans in good standing are

discounted using interest rates determined by U.S. Treasury yields on December 31

and spreads applied on new loans with similar characteristics. The amortizing features

of all loans are incorporated in the valuation. Where data on option features is

available, option values are determined using a binomial valuation method, and are

incorporated into the mortgage valuation. Restructured loans are valued in the same

manner; however, these loans were discounted at a greater spread to reflect increased

risk.

Derivative financial instruments: Fair values for derivative financial instruments are

based on broker/dealer valuations or on internal discounted cash flow pricing models,

taking into account current cash flow assumptions and the counterparties’ credit

standing.

The carrying value of all other financial instruments approximates their fair value.

Included in various investment related line items in the financial statements are certain

financial instruments carried at fair value. Other financial instruments are periodically

measured at fair value, such as when impaired, or, for certain bonds and preferred stock

when carried at the lower of cost or market.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)


The fair value of an asset is the amount at which that asset could be bought or sold in a
current transaction between willing parties, that is, other than in a forced or liquidation
sale. The fair value of a liability is the amount at which that liability could be incurred or
settled in a current transaction between willing parties, that is, other than in a forced or
liquidation sale.

Fair values are based on quoted market prices when available. When market prices are
not available, fair value is generally estimated using discounted cash flow analyses,
incorporating current market inputs for similar financial instruments with comparable
terms and credit quality (matrix pricing). In instances where there is little or no market
activity for the same or similar instruments, the Company estimates fair value using
methods, models and assumptions that management believes market participants would
use to determine a current transaction price. These valuation techniques involve some
level of management estimation and judgment which becomes significant with
increasingly complex instruments or pricing models. Where appropriate, adjustments are
included to reflect the risk inherent in a particular methodology, model or input used.

The Company's financial assets and liabilities carried at fair value have been classified,
for disclosure purposes, based on a hierarchy defined by SSAP 100 and ASC Subtopic
820-10, formerly FASB Statement No. 157, Fair Value Measurements.

The fair value hierarchy gives the highest priority to quoted prices in active markets for
identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs
(Level 3). If the inputs used to measure fair value fall within different levels of the
hierarchy, the category level is based on the lowest priority level input that is significant
to the fair value measurement of the instrument. Financial assets and liabilities recorded
at fair value on the Balance Sheets are categorized as follows:

§	Level 1 - Unadjusted quoted prices for identical assets or liabilities in an active
	market.
§	Level 2 - Quoted prices in markets that are not active or inputs that are observable
	either directly or indirectly for substantially the full term of the asset or liability.
	Level 2 inputs include the following:
	a)	Quoted prices for similar assets or liabilities in active markets;
	b)	Quoted prices for identical or similar assets or liabilities in non-active
		markets;
	c)	Inputs other than quoted market prices that are observable; and
	d)	Inputs that are derived principally from or corroborated by observable market
		data through correlation or other means.
§	Level 3 - Prices or valuation techniques that require inputs that are both
	unobservable and significant to the overall fair value measurement. These
	valuations, whether derived internally or obtained from a third party, use critical
	assumptions that are not widely available to estimate market participant
	expectations in valuing the asset or liability.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The table below shows assets and liabilities measured and reported at fair value in which
the fair value measurements use quoted prices in active markets for identical assets or
liabilities (Level 1), significant other observable input (Level 2) and significant
unobservable inputs (Level 3) as of December 31, 2010:

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

Bonds: Securities that are carried at fair value on the balance sheet are classified as Level
2 or Level 3. Level 2 bond prices are obtained through several commercial pricing
services, which incorporate a variety of market observable information in their valuation
techniques, including benchmark yields, broker-dealer quotes, credit quality, issuer
spreads, bids, offers and other reference data to provide estimated fair values. Privately
placed bond fair value are determined using a matrix-based pricing model and are
classified as Level 2 assets. When a price cannot be obtained from a commercial pricing
service, independent broker quotes are solicited. Securities priced using independent
broker quotes are classified as Level 3. Over the course of 2009 and 2010, price
transparency and liquidity for bonds backed by subprime mortgages have improved with
reduced volatility across broader risk markets. The Company monitors the market for
subprime and continues to categorize these securities as Level 3 in the valuation
hierarchy.

Common Stock: Fair values of publicly traded equity securities are based upon quoted
market price and are classified as Level 1 assets. Other equity securities, typically private

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

equities or equity securities not traded on an exchange, are valued by other sources such

as analytics or brokers and are classified as Level 3 assets.

Cash and cash equivalents and short-term investments: The carrying amounts for cash

reflect the assets’ fair values. The fair values for cash equivalents and short-term

investments are determined based on quoted market prices. These assets are classified as

Level 1.

Derivatives: The carrying amounts for these financial instruments, which can be assets or

liabilities, reflect the fair value of the assets and liabilities. Certain derivatives are carried

at fair value (on the Balance Sheets), which is determined using the Company’s

derivative accounting system in conjunction with observable key financial data, such as

yield curves, exchange rates, Standard & Poor’s (“S&P”) 500 Index prices, and London

Inter Bank Offered Rates (“LIBOR”), which are obtained from third party sources and

uploaded into the system. For those derivatives that are unable to be valued by the

accounting system, the Company typically utilizes values established by third party

brokers. Counterparty credit risk is considered and incorporated in the Company’s

valuation process through counterparty credit rating requirements and monitoring of

overall exposure. The Company’s own credit risk is monitored by comparison of credit

ratings from national rating services. It is the Company’s policy to transact only with

investment grade counterparties with a credit rating of A- or better. Valuations for the

Company’s futures contracts are based on unadjusted quoted prices from an active

exchange and, therefore, are classified as Level 1. The Company also has certain Options

that are priced using models that primarily use market observable inputs, but contain

inputs that are not observable to market participants, which have been classified as Level

3. However, all other derivative instruments are valued based on market observable

inputs and are classified as Level 2.

Assets held in separate accounts: Assets held in separate accounts are reported at the

quoted fair values of the underlying investments in the separate accounts. Mutual funds,

short-term investments and cash are based upon a quoted market price and are included in

Level 1.The underlying instruments in bonds have valuations that are obtained from

third-party commercial pricing services and brokers and are classified in the fair value

hierarchy consistent with the policies described above for fixed maturities.

The Company did not have any security transfers between Level 1 and Level 2 during

2010.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

The transfers out of Level 3 during the year ended December 31, 2010 are primarily due
to the Company's use of commercial pricing services to value certain multiclass
residential mortgage-backed securities (“RMBS”). These services incorporate a variety of
market observable information in their valuation techniques, including benchmark yields,
broker-dealer quotes, credit quality, issuer spreads, bids, offers and other reference data
and have been classified as Level 2. These Multiclass RMBS had previously been valued
by using the average of broker quotes when more than one broker quote was provided.

The following table summarizes the change in fair value of the Company’s Level 3 assets
and liabilities for the year ended December 31, 2009:

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)


13	.	Commitments and Contingencies

		Investment Purchase Commitments: As part of its overall investment strategy, the
		Company has entered into agreements to purchase securities of $6.7 and $3.9 at
		December 31, 2010 and 2009, respectively. The Company is also committed to provide
		additional capital contributions to partnerships of $10.4 and $12.1 at December 31, 2010
		and 2009, respectively.

		Operating Leases: The Company is party to certain cost sharing agreements with other
		affiliated ING United States companies. Included in these cost sharing arrangements is
		rent expense, which is allocated to the Company in accordance with systematic cost
		allocation arrangements. The Company incurred minimal rent expense during years
		ended December 31, 2010, 2009 and 2008 under this cost sharing methodology.

		The Company does not have any minimum aggregate rental commitments under the cost
		sharing arrangements and service agreements. The Company does not have any future
		minimum lease payment receivables under the cost sharing arrangements and service
		agreements.

		The Company is not involved in any sale leaseback transactions.

		Legal Proceedings: The Company is involved in threatened or pending
		lawsuits/arbitrations arising from the normal conduct of business. Due to the climate in
		insurance and business litigation/arbitration, suits against the Company sometimes
		include claims for substantial compensatory, consequential or punitive damages and other
		types of relief. Moreover, certain claims are asserted as class actions, purporting to
		represent a group of similarly situated individuals. While it is not possible to forecast the
		outcome of such lawsuits/arbitrations, in light of existing insurance, reinsurance and
		established reserves, it is the opinion of management that the disposition of such
		lawsuits/arbitrations will not have a materially adverse effect on the Company’s
		operations or financial position.

		Regulatory Matters: As with many financial services companies, the Company and its
		affiliates periodically receive informal and formal requests for information from various
		state and federal governmental agencies and self-regulatory organizations in connection
		with inquiries and investigations of the products and practices of the Company or the
		financial services industry. Some of these investigations and inquiries could result in
		regulatory action against the Company. The potential outcome of such action is difficult
		to predict but could subject the Company or its affiliates to adverse consequences,
		including, but not limited to, settlement payments, penalties, fines, and other financial
		liability. It is not currently anticipated that the outcome of any such action will have a
		material adverse effect on ING or ING’s U.S.-based operations, including the Company.
		It is the practice of the Company and its affiliates to cooperate fully in these matters.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

In addition to responding to governmental and regulatory requests on fund trading issues,

ING management, on its own initiative, conducted, through special counsel and a

national accounting firm, an extensive internal review of mutual fund trading in ING

insurance, retirement, and mutual fund products. The goal of this review was to identify

any instances of inappropriate trading in those products by third parties or by ING

investment professionals and other ING personnel.

The internal review identified several isolated arrangements allowing third parties to

engage in frequent trading of mutual funds within the variable insurance and mutual fund

products of certain affiliates of the Company, and identified other circumstances where

frequent trading occurred despite measures taken by ING intended to combat market

timing. Each of the arrangements has been terminated and disclosed to regulators, to the

independent trustees of ING Funds (U.S.) and in Company reports previously filed with

the Securities and Exchange Commission (“SEC”) pursuant to the Securities Exchange

Act of 1934, as amended.

Action may be taken by regulators with respect to certain ING affiliates before

investigations relating to fund trading are completed. The potential outcome of such

action is difficult to predict but could subject certain affiliates to adverse consequences,

including, but not limited to, settlement payments, penalties, and other financial liability.

It is not currently anticipated, however, that the actual outcome of any such action will

have a material adverse effect on ING or ING’s U.S. based operations, including the

Company.

Liquidity: The Company’s principal sources of liquidity are product charges, investment

income, premiums, proceeds from the maturity and sale of investments, and capital

contributions. Primary uses of these funds are payments of commissions and operating

expenses, interest credits, investment purchases, and contract maturities, death benefits,

withdrawals, and surrenders.

The Company’s liquidity position is managed by maintaining adequate levels of liquid

assets, such as cash, cash equivalents, and short-term investments. Asset/liability

management is integrated into many aspects of the Company’s operations, including

investment decisions, product development, and determination of crediting rates. As part

of the risk management process, different economic scenarios are modeled, including

cash flow testing required for insurance regulatory purposes, to determine that existing

assets are adequate to meet projected liability cash flows. Key variables in the modeling

process include interest rates, anticipated contract owner behavior, and variable separate

account performance. Contract owners bear the investment risk related to variable

annuity products, subject, in limited cases, to certain minimum guaranteed rates.

The fixed account liabilities are supported by a general account portfolio principally

composed of fixed rate investments with matching duration characteristics that can

generate predictable, steady rates of return. The portfolio management strategy for the

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)

fixed account considers the assets available-for-sale. This strategy enables the Company

to respond to changes in market interest rates, prepayment risk, relative values of asset

sectors and individual securities and loans, credit quality outlook, and other relevant

factors. The Company’s asset/liability management discipline includes strategies to

minimize exposure to loss as interest rates and economic and market conditions change.

In executing this strategy, the Company uses derivative instruments to manage these

risks. The Company’s derivative counterparties are of high credit quality.

During 2009, the Company took certain actions to reduce its exposure to interest rate and

market risks. These actions included reducing guaranteed interest rates for new business,

reducing credited rates on existing business, curtailing sales of some products,

reassessment of the investment strategy with a focus on U.S. Treasury and investment

grade assets, as well as hedging certain funds which previously were not hedged and

continuing a hedging program to mitigate the impact of potential declines in equity

markets and their impact on regulatory capital. During 2010, the Company continued

monitoring these initiatives and their impacts on earnings, capital, and liquidity. The

Company will continue monitoring these initiatives going forward and will determine

whether further actions are necessary.

ING Restructuring Plan: On October 26, 2009, ING announced the key components of

the final Restructuring Plan ING submitted to the European Commission (“EC”) as part

of the process to receive EC approval for the state aid granted to ING by the Dutch State

in the form of EUR 10 billion Core Tier 1 securities issued on November 12, 2008 and

the ING-Dutch State Transaction. As part of the Restructuring Plan, ING has agreed to

separate its banking and insurance businesses by 2013. ING intends to achieve this

separation by divestment of its insurance and investment management operations,

including the Company. ING has announced that it will explore all options for

implementing the separation including initial public offerings, sales or combinations

thereof. In November 2009, the Restructuring Plan received formal EC approval and the

separation of insurance and banking operations and other components of the

Restructuring Plan were approved by ING shareholders. ING also reached an agreement

with the Dutch State to alter the repayment terms of the Core Tier 1 securities in order to

facilitate early repayment and ING repurchased in December 2009 EUR 5 billion of the

total EUR 10 billion Core Tier 1 securities issued to the Dutch State. As part of the

Restructuring Plan, ING also agreed to make additional payments to the Dutch State

corresponding to an adjustment of fees for the Back-Up Facility. In total, these extra

payments amounted to a net present value of EUR 1.3 billion, and were recorded by ING

as a one-time pre-tax charge in the fourth quarter of 2009. The terms of the ING-Dutch

State Transaction which closed on March 31, 2009, including the transfer price of the

Alt-A RMBS securities, remained unaltered and the additional payments were not borne

by the Company or any other ING U.S. subsidiaries. In order to finance the repayment of

EUR 5 billion Core Tier 1 securities and the associated costs as well as to mitigate the

capital impact of the additional payments for the Back-Up Facility, ING launched a

capital increase without preferential subscription rights for holders of (bearer depositary

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)


		receipts for) ordinary shares of up to EUR 7.5 billion in November 2009. The rights issue
		was completed in December 2009. Proceeds of the issue in excess of the above amounts
		will be used to strengthen ING’s capital position.

		On January 28, 2010, ING announced the filing of its appeal with the General Court of
		the European Union against specific elements of the EC’s decision regarding the ING
		Restructuring Plan. Despite the appeal, ING is committed to executing the formal
		separation of banking and insurance and the divestment of the latter as announced on
		October 26, 2009. In its appeal, ING contests the state aid calculation the EC applied to
		the reduction in repayment premium agreed upon by ING and the Dutch State in
		connection with ING’s December 2009 repayment of the first EUR 5 billion of Core Tier
		1 securities. ING is also appealing the disproportionality of the price leadership
		restrictions imposed on ING with respect to the European financial sector.

		On November 10, 2010, ING announced that while the option of one global initial public
		offering (“IPO”) remains open, ING and its U.S. insurance affiliates, including the
		Company, are going to prepare for a base case of two IPOs: one Europe-led IPO and one
		separate U.S.-focused IPO.

		On October 27, 2009, subsequent to the announcement of the Restructuring Plan, the
		insurance financial strength ratings of the Company and ING’s other primary U.S.
		insurance companies were downgraded by Moody’s Investors Service, Inc. to A2 from
		A1 and by Fitch Ratings Ltd to A- from A.

14	.	Financing Agreements

		The Company maintains a revolving loan agreement with Bank of New York Mellon,
		(“Mellon"). Under this agreement, the Company can borrow up to $30.0 from Mellon.
		Interest on any borrowing accrues at an annual rate equal to: (1) the cost of funds for
		Mellon for the period applicable for the advance plus 0.35% or (2) a rate quoted by
		Mellon to the Company for the borrowing. Under this agreement, the Company incurred
		minimal interest expense for the years ended December 31, 2010, 2009 and 2008,
		respectively. Additionally, there were no amounts payable to Mellon at December 31,
		2010 and 2009.

		The Company maintains a reciprocal loan agreement with ING AIH to promote efficient
		management of cash and liquidity and to provide for unanticipated short-term cash
		requirements. Under this agreement, which expired and was renewed February 1, 2009,
		the Company and ING AIH can borrow up to 5% of the Company’s net admitted assets
		as of December 31 of the preceding year from one another. Interest on any Company
		borrowing is charged at the rate of ING AIH’s cost of funds for the interest period plus
		0.15%. Interest on any ING AIH borrowings is charged at a rate based on the prevailing
		interest rate of U.S. commercial paper available for purchase with a similar duration. The
		receivable for these loans are reported as an asset in cash and short term investments.


		The payable is recorded in borrowed money. Under this agreement, the Company
		incurred no interest income for the years ended December 31, 2010, 2009 and 2008.

		Through this reciprocal loan agreement, the Company had borrowed $175.5 and repaid
		$175.5 in 2010; had no borrowing in 2009, and borrowed $384.0 and repaid $384.0 in
		2008. These borrowings were on a short term basis, at an interest rate that approximated
		current money market rates and excludes borrowings from reverse dollar repurchase
		transactions. Interest expense on borrowed money was minimal during 2010, 2009 and
		2008, respectively.

		The Company is the beneficiary of letters of credit totaling $32.4; terms of the letters of
		credit provide for automatic renewal upon anniversary unless otherwise canceled or
		terminated by the ceding company or the letter of credit provider.

15	.	Related Party Transactions

		Cost Sharing Arrangements: Management and services contracts and all cost sharing
		arrangements with other affiliated ING United States companies are allocated among
		companies in accordance with systematic cost allocation methods.

		Investment Management: The Company has entered into an investment advisory
		agreement with ING Investment Management, LLC (“IIM”) under which IIM provides
		the Company with investment management services. The Company has entered into an
		administrative services agreement with IIM under which IIM provides the Company with
		asset liability management services. Beginning in 2010, IIM began using competitive
		market rates to bill the Company for both the asset management and ancillary services it
		provides. Total fees under the agreement were approximately $2.7, $2.1, and $2.5 for the
		years ended December 31, 2010, 2009 and 2008, respectively.

		Services Agreements: The Company has entered into a services agreement with each of
		its affiliated insurers, ING North America and ING Financial Advisers, LLC (“ING FA”)
		whereby the affiliated insurers, ING North America and ING FA, provide certain
		administrative, management, professional, advisory, consulting and other services to the
		Company. The total expenses incurred for all of these services were $38.5, $38.4 and
		$54.5 for the years ended December 31, 2010, 2009 and 2008, respectively.

		Tax Sharing Agreements: The Company has entered into federal tax sharing agreement
		with members of an affiliated group as defined in Section 1504 of the Internal Revenue
		Code of 1986, as amended. The agreement provides for the manner of calculation and
		the amounts/timing of the payments between the parties as well as other related matters in
		connection with the filing of consolidated federal income tax returns.

		Reinsurance: During 2010 and 2009, the Company had no ceded premium or ceded
		reserves to affiliates. During 2008, the Company ceded premium and ceded reserves to
		ReliaStar of $65.8 and $82.6, respectively. The amount of insurance in force ceded to


		ReliaStar was $10,542 at December 31, 2008. The Company realized a deferred gain
		after tax of $40.0 on the 2008 reinsurance transaction.

16	.	Guaranty Fund Assessments

		Insurance companies are assessed the costs of funding the insolvencies of other insurance
		companies by the various state guaranty associations, generally based on the amount of
		premium companies collect in that state. The Company accrues the cost of future
		guaranty fund assessments based on estimates of insurance company insolvencies
		provided by the National Organization of Life and Health Insurance Guaranty
		Associations and the amount of premiums written in each state. The Company has
		estimated this liability to be $4.1 and $0.2 as of December 31, 2010 and 2009,
		respectively, and has recorded a liability in accounts payable and accrued expenses on the
		Balance Sheets. The Company has also recorded an asset in other assets on the Balance
		Sheets of $0.2 and $0.2 as of December 31, 2010 and 2009, respectively, for future
		credits to premium taxes for assessments already paid.

17	.	Unpaid Accident and Health Claims

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Notes to Financial Statements – Statutory Basis
December 31, 2010
(Dollar amounts in millions, unless otherwise stated)


18	.	Retrospectively Rated Contracts

		The Company estimates accrued retrospective premium adjustments for its group life
		insurance business through a mathematical approach using an algorithm of the
		Company’s underwriting rules and experience rating practices. The Company records
		accrued retrospective premium as an adjustment to earned premium. The amount of net
		group life premium written by the Company that was subject to retrospective rating
		features was $3.0, $3.6 and $3.5 for December 31, 2010, 2009, and 2008, respectively.
		This represented 32.8%, 25.0%, and 19.0% of the total net group life premium for
		December 31, 2010, 2009, and 2008, respectively. The amount of net group health
		premium written by the Company that was subject to retrospective rating features was
		$0.1, $0.1 and $0.1 for December 31, 2010, 2009, and 2008, respectively. This
		represented less than 1% of the total net group health premium in all three periods. No
		other net premiums written by the Company are subject to retrospective rating features.

FINANCIAL STATEMENTS
ReliaStar Life Insurance Company of New York
Separate Account NY-B
Year ended December 31, 2010
with Report of Independent Registered Public Accounting Firm

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Financial Statements
Year ended December 31, 2010

The Board of Directors and Participants
ReliaStar Life Insurance Company of New York

We have audited the accompanying statements of assets and liabilities of the investment divisions (the
“Divisions”) constituting ReliaStar Life Insurance Company of New York Separate Account NY-B (the
“Account”) as of December 31, 2010, and the related statements of operations and changes in net assets
for the periods disclosed in the financial statements. These financial statements are the responsibility of
the Account’s management. Our responsibility is to express an opinion on these financial statements
based on our audits. The Account is comprised of the following Divisions:


BlackRock Variable Series Funds, Inc.:	ING Investors Trust (continued):
BlackRock Global Allocation V.I. Fund - Class III	ING Marsico International Opportunities Portfolio - Service Class
Columbia Funds Variable Insurance Trust:	ING MFS Total Return Portfolio - Service Class
Columbia Small Cap Value Fund, Variable Series - Class B	ING MFS Utilities Portfolio - Service Class
Fidelity® Variable Insurance Products:	ING Morgan Stanley Global Franchise Portfolio - Service Class
Fidelity® VIP Equity-Income Portfolio - Service Class 2	ING Morgan Stanley Global Tactical Asset Allocation Portfolio -
Fidelity® Variable Insurance Products II:	Service Class
Fidelity® VIP Contrafund® Portfolio - Service Class 2	ING Oppenheimer Active Allocation Portfolio - Service Class
Franklin Templeton Variable Insurance Products Trust:	ING PIMCO High Yield Portfolio - Service Class
Franklin Small Cap Value Securities Fund - Class 2	ING PIMCO Total Return Bond Portfolio - Service Class
ING Balanced Portfolio, Inc.:	ING Pioneer Fund Portfolio - Service Class
ING Balanced Portfolio - Class S	ING Pioneer Mid Cap Value Portfolio - Service Class
ING Intermediate Bond Portfolio:	ING Retirement Conservative Portfolio - Adviser Class
ING Intermediate Bond Portfolio - Class S	ING Retirement Growth Portfolio - Adviser Class
ING Investors Trust:	ING Retirement Moderate Growth Portfolio - Adviser Class
ING American Funds Asset Allocation Portfolio	ING Retirement Moderate Portfolio - Adviser Class
ING American Funds Bond Portfolio	ING T. Rowe Price Capital Appreciation Portfolio - Service Class
ING American Funds Growth Portfolio	ING T. Rowe Price Equity Income Portfolio - Service Class
ING American Funds Growth-Income Portfolio	ING Templeton Global Growth Portfolio - Service Class
ING American Funds International Portfolio	ING Van Kampen Growth and Income Portfolio - Service Class
ING American Funds World Allocation Portfolio - Service Class	ING Wells Fargo HealthCare Portfolio - Service Class
ING Artio Foreign Portfolio - Service Class	ING Wells Fargo Small Cap Disciplined Portfolio - Service Class
ING BlackRock Inflation Protected Bond Portfolio - Service Class	ING Partners, Inc.:
ING BlackRock Large Cap Growth Portfolio - Service Class	ING American Century Small-Mid Cap Value Portfolio - Service
ING BlackRock Large Cap Value Portfolio - Service Class	Class
ING Clarion Global Real Estate Portfolio - Service Class	ING Baron Small Cap Growth Portfolio - Service Class
ING Clarion Real Estate Portfolio - Service Class	ING Columbia Small Cap Value Portfolio - Service Class
ING DFA World Equity Portfolio - Service Class	ING Davis New York Venture Portfolio - Service Class
ING FMR^SMDiversified Mid Cap Portfolio - Service Class	ING JPMorgan Mid Cap Value Portfolio - Service Class
ING Franklin Income Portfolio - Service Class	ING Legg Mason ClearBridge Aggressive Growth Portfolio -
ING Franklin Mutual Shares Portfolio - Service Class	Service Class
ING Franklin Templeton Founding Strategy Portfolio - Service	ING Oppenheimer Global Portfolio - Initial Class
Class	ING Oppenheimer Global Portfolio - Service Class
ING Global Resources Portfolio - Service Class	ING Oppenheimer Global Strategic Income Portfolio - Service
ING Janus Contrarian Portfolio - Service Class	Class
ING JPMorgan Emerging Markets Equity Portfolio - Service Class	ING PIMCO Total Return Portfolio - Service Class
ING JPMorgan Small Cap Core Equity Portfolio - Service Class	ING Solution 2015 Portfolio - Service Class
ING Large Cap Growth Portfolio - Service Class	ING Solution 2025 Portfolio - Service Class
ING Limited Maturity Bond Portfolio - Service Class	ING Solution 2035 Portfolio - Service Class
ING Liquid Assets Portfolio - Service Class	ING Solution 2045 Portfolio - Service Class
ING Lord Abbett Growth and Income Portfolio - Service Class	ING Solution Income Portfolio - Service Class
ING Marsico Growth Portfolio - Service Class	ING T. Rowe Price Diversified Mid Cap Growth Portfolio -
	Service Class


ING Partners, Inc. (continued):	ING Variable Portfolios, Inc. (continued):
ING T. Rowe Price Growth Equity Portfolio - Service Class	ING Russell^TMLarge Cap Growth Index Portfolio - Class S
ING Templeton Foreign Equity Portfolio - Service Class	ING Russell^TMLarge Cap Index Portfolio - Class S
ING Thornburg Value Portfolio - Initial Class	ING Russell^TMLarge Cap Value Index Portfolio - Class S
ING Thornburg Value Portfolio - Service Class	ING Russell^TMMid Cap Growth Index Portfolio - Class S
ING UBS U.S. Large Cap Equity Portfolio - Service Class	ING Russell^TMMid Cap Index Portfolio - Class S
ING Van Kampen Comstock Portfolio - Service Class	ING Russell^TMSmall Cap Index Portfolio - Class S
ING Van Kampen Equity and Income Portfolio - Service Class	ING Small Company Portfolio - Class S
ING Strategic Allocation Portfolios, Inc.:	ING U.S. Bond Index Portfolio - Class S
ING Strategic Allocation Conservative Portfolio - Class S	ING WisdomTree^SMGlobal High-Yielding Equity Index
ING Strategic Allocation Growth Portfolio - Class S	Portfolio - Class S
ING Strategic Allocation Moderate Portfolio - Class S	ING Variable Products Trust:
ING Variable Funds:	ING International Value Portfolio - Class S
ING Growth and Income Portfolio - Class I	ING MidCap Opportunities Portfolio - Class S
ING Growth and Income Portfolio - Class S	ING SmallCap Opportunities Portfolio - Class S
ING Variable Insurance Trust:	Invesco Variable Insurance Funds:
ING GET U.S. Core Portfolio - Series 5	Invesco V.I. Leisure Fund - Series I Shares
ING GET U.S. Core Portfolio - Series 6	Legg Mason Partners Variable Equity Trust:
ING GET U.S. Core Portfolio - Series 7	Legg Mason ClearBridge Variable Large Cap Value Portfolio -
ING GET U.S. Core Portfolio - Series 8	Class I
ING GET U.S. Core Portfolio - Series 9	Legg Mason Global Currents Variable International All Cap
ING GET U.S. Core Portfolio - Series 10	Opportunity Portfolio
ING GET U.S. Core Portfolio - Series 11	Legg Mason Variable Lifestyle Allocation 50%
ING GET U.S. Core Portfolio - Series 12	Legg Mason Variable Lifestyle Allocation 70%
ING GET U.S. Core Portfolio - Series 13	Legg Mason Variable Lifestyle Allocation 85%
ING GET U.S. Core Portfolio - Series 14	Legg Mason Partners Variable Income Trust:
ING Variable Portfolios, Inc.:	Legg Mason Western Asset Variable High Income Portfolio
ING BlackRock Science and Technology Opportunities Portfolio -	Legg Mason Western Asset Variable Money Market Portfolio
Class S	Oppenheimer Variable Account Funds:
ING Euro STOXX 50 Index Portfolio - Class A	Oppenheimer Main Street Small Cap Fund®/VA - Service Class
ING FTSE 100 Index Portfolio - Class A	PIMCO Variable Insurance Trust:
ING Hang Seng Index Portfolio - Class S	PIMCO Real Return Portfolio - Administrative Class
ING Index Plus LargeCap Portfolio - Class S	Pioneer Variable Contracts Trust:
ING Index Plus MidCap Portfolio - Class S	Pioneer Equity Income VCT Portfolio - Class II
ING Index Plus SmallCap Portfolio - Class S	ProFunds:
ING International Index Portfolio - Class S	ProFund VP Bull
ING Japan TOPIX Index® Portfolio - Class A	ProFund VP Europe 30
ING Opportunistic Large Cap Portfolio - Class S	ProFund VP Rising Rates Opportunity
ING Russell^TMGlobal Large Cap Index 75% Portfolio - Class S

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement. We were not engaged
to perform an audit of the Account’s internal control over financial reporting. Our audits included
consideration of internal control over financial reporting as a basis for designing audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of
the Account’s internal control over financial reporting. Accordingly, we express no such opinion. An
audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements, assessing the accounting principles used and significant estimates made by
management, and evaluating the overall financial statement presentation. Our procedures included
confirmation of securities owned as of December 31, 2010, by correspondence with the transfer agents
or custodian. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of each of the respective Divisions constituting ReliaStar Life Insurance Company of
New York Separate Account NY-B at December 31, 2010, the results of their operations and changes in
their net assets for the periods disclosed in the financial statements, in conformity with U.S. generally
accepted accounting principles.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Assets and Liabilities
December 31, 2010
(Dollars in thousands)

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		BlackRock			Columbia Small			Fidelity® VIP			Fidelity® VIP				Franklin Small
		Global			Cap Value			Equity-Income			Contrafund®				Cap Value
		Allocation V.I.			Fund, Variable			Portfolio -			Portfolio -				Securities
		Fund - Class III			Series - Class B			Service Class 2			Service Class 2			Fund	- Class 2
Net investment income (loss)
Income:
Dividends	$	186		$	10		$	97		$	287		$		9
Total investment income		186			10			97			287				9
Expenses:
Mortality, expense risk
and other charges		246			15			84			414				13
Annual administrative charges		2			-			1			4				-
Contingent deferred sales charges		2			-			7			17				-
Other contract charges		106			8			32			176				6
Total expenses		356			23			124			611				19
Net investment income (loss)		(170	)		(13	)		(27	)		(324	)			(10	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		47			(20	)		(283	)		(1,263	)			(13	)
Capital gains distributions		101			-			-			13				-
Total realized gain (loss) on investments
and capital gains distributions		148			(20	)		(283	)		(1,250	)			(13	)
Net unrealized appreciation
(depreciation) of investments		1,224			250			1,035			5,509				306
Net realized and unrealized gain (loss)
on investments		1,372			230			752			4,259				293
Net increase (decrease) in net assets
resulting from operations	$	1,202		$	217		$	725		$	3,935		$		283

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


					ING			ING American
	ING Balanced				Intermediate			Funds Asset			ING American		ING American
	Portfolio -				Bond Portfolio -			Allocation			Funds Bond		Funds Growth
	Class S				Class S			Portfolio			Portfolio		Portfolio
Net investment income (loss)
Income:
Dividends	$	7		$	1,036		$	134		$	447	$	57
Total investment income		7			1,036			134			447		57
Expenses:
Mortality, expense risk
and other charges		3			318			121			287		771
Annual administrative charges		-			2			1			2		6
Contingent deferred sales charges		-			11			-			6		34
Other contract charges		1			141			56			134		377
Total expenses		4			472			178			429		1,188
Net investment income (loss)		3			564			(44	)		18		(1,131	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(16	)		(373	)		(13	)		380		(1,718	)
Capital gains distributions		-			-			-			-		-
Total realized gain (loss) on investments
and capital gains distributions		(16	)		(373	)		(13	)		380		(1,718	)
Net unrealized appreciation
(depreciation) of investments		40			1,288			864			238		10,142
Net realized and unrealized gain (loss)
on investments		24			915			851			618		8,424
Net increase (decrease) in net assets
resulting from operations	$	27		$	1,479		$	807		$	636	$	7,293

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


								ING American						ING BlackRock
		ING American			ING American			Funds World			ING Artio			Inflation
		Funds Growth-			Funds			Allocation			Foreign			Protected Bond
		Income			International			Portfolio -			Portfolio -			Portfolio -
		Portfolio			Portfolio			Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	287		$	281		$	12		$	-		$	168
Total investment income		287			281			12			-			168
Expenses:
Mortality, expense risk
and other charges		455			457			20			165			133
Annual administrative charges		4			5			-			1			-
Contingent deferred sales charges		19			16			1			2			3
Other contract charges		225			214			9			85			59
Total expenses		703			692			30			253			195
Net investment income (loss)		(416	)		(411	)		(18	)		(253	)		(27	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(762	)		(1,159	)		84			(1,055	)		223
Capital gains distributions		-			41			37			-			157
Total realized gain (loss) on investments
and capital gains distributions		(762	)		(1,118	)		121			(1,055	)		380
Net unrealized appreciation
(depreciation) of investments		3,612			2,750			37			1,765			(71	)
Net realized and unrealized gain (loss)
on investments		2,850			1,632			158			710			309
Net increase (decrease) in net assets
resulting from operations	$	2,434		$	1,221		$	140		$	457		$	282

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING BlackRock			ING BlackRock			ING Clarion
		Large Cap			Large Cap			Global Real			ING Clarion			ING DFA
		Growth			Value			Estate			Real Estate			World Equity
		Portfolio -			Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	8		$	5		$	523		$	155		$	29
Total investment income		8			5			523			155			29
Expenses:
Mortality, expense risk
and other charges		45			6			84			68			27
Annual administrative charges		-			-			1			1			-
Contingent deferred sales charges		3			-			-			2			1
Other contract charges		22			3			39			37			12
Total expenses		70			9			124			108			40
Net investment income (loss)		(62	)		(4	)		399			47			(11	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(169	)		(32	)		(273	)		(502	)		(64	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(169	)		(32	)		(273	)		(502	)		(64	)
Net unrealized appreciation
(depreciation) of investments		561			65			639			1,469			415
Net realized and unrealized gain (loss)
on investments		392			33			366			967			351
Net increase (decrease) in net assets
resulting from operations	$	330		$	29		$	765		$	1,014		$	340

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


											ING Franklin
											Templeton
		ING FMR^SM			ING Franklin			ING Franklin			Founding			ING Global
		Diversified Mid			Income			Mutual Shares			Strategy			Resources
		Cap Portfolio -			Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	13		$	956		$	28		$	365		$	128
Total investment income		13			956			28			365			128
Expenses:
Mortality, expense risk
and other charges		137			320			103			226			222
Annual administrative charges		2			2			1			3			2
Contingent deferred sales charges		5			10			3			3			9
Other contract charges		56			162			43			106			100
Total expenses		200			494			150			338			333
Net investment income (loss)		(187	)		462			(122	)		27			(205	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(77	)		(1,153	)		(153	)		(168	)		(677	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(77	)		(1,153	)		(153	)		(168	)		(677	)
Net unrealized appreciation
(depreciation) of investments		2,428			2,452			839			1,282			3,311
Net realized and unrealized gain (loss)
on investments		2,351			1,299			686			1,114			2,634
Net increase (decrease) in net assets
resulting from operations	$	2,164		$	1,761		$	564		$	1,141		$	2,429

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


					ING JPMorgan			ING JPMorgan
		ING Janus			Emerging			Small Cap Core			ING Large Cap			ING Limited
		Contrarian			Markets Equity			Equity			Growth			Maturity Bond
		Portfolio -			Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	-		$	98		$	12		$	7		$	14
Total investment income		-			98			12			7			14
Expenses:
Mortality, expense risk
and other charges		126			277			66			31			5
Annual administrative charges		2			2			1			-			-
Contingent deferred sales charges		8			7			11			1			-
Other contract charges		53			139			34			13			-
Total expenses		189			425			112			45			5
Net investment income (loss)		(189	)		(327	)		(100	)		(38	)		9

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(773	)		4			(110	)		66			(13	)
Capital gains distributions		-			1,060			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(773	)		1,064			(110	)		66			(13	)
Net unrealized appreciation
(depreciation) of investments		1,893			2,346			1,160			215			11
Net realized and unrealized gain (loss)
on investments		1,120			3,410			1,050			281			(2	)
Net increase (decrease) in net assets
resulting from operations	$	931		$	3,083		$	950		$	243		$	7

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


					ING Lord						ING Marsico
		ING Liquid			Abbett Growth			ING Marsico			International			ING MFS Total
		Assets			and Income			Growth			Opportunities			Return
		Portfolio -			Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	-		$	1		$	39		$	96		$	52
Total investment income		-			1			39			96			52
Expenses:
Mortality, expense risk
and other charges		601			4			111			94			176
Annual administrative charges		6			-			1			1			2
Contingent deferred sales charges		86			-			-			2			5
Other contract charges		131			2			37			45			61
Total expenses		824			6			149			142			244
Net investment income (loss)		(824	)		(5	)		(110	)		(46	)		(192	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		-			(28	)		36			(490	)		(414	)
Capital gains distributions		1			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		1			(28	)		36			(490	)		(414	)
Net unrealized appreciation
(depreciation) of investments		-			71			1,321			1,228			1,445
Net realized and unrealized gain (loss)
on investments		1			43			1,357			738			1,031
Net increase (decrease) in net assets
resulting from operations	$	(823	)	$	38		$	1,247		$	692		$	839

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


								ING Morgan		ING
					ING Morgan			Stanley Global		Oppenheimer
		ING MFS			Stanley Global			Tactical Asset		Active				ING PIMCO
		Utilities			Franchise			Allocation		Allocation				High Yield
		Portfolio -			Portfolio -			Portfolio -		Portfolio -				Portfolio -
		Service Class			Service Class			Service Class		Service Class				Service Class
Net investment income (loss)
Income:
Dividends	$	323		$	26		$	7		$	7		$	666
Total investment income		323			26			7			7			666
Expenses:
Mortality, expense risk
and other charges		188			76			18			8			154
Annual administrative charges		1			1			-			-			1
Contingent deferred sales charges		8			3			-			1			3
Other contract charges		88			34			10			2			80
Total expenses		285			114			28			11			238
Net investment income (loss)		38			(88	)		(21	)		(4	)		428

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(671	)		(179	)		192			14			(21	)
Capital gains distributions		-			-			32			12			-
Total realized gain (loss) on investments
and capital gains distributions		(671	)		(179	)		224			26			(21	)
Net unrealized appreciation
(depreciation) of investments		2,002			758			(199	)		34			643
Net realized and unrealized gain (loss)
on investments		1,331			579			25			60			622
Net increase (decrease) in net assets
resulting from operations	$	1,369		$	491		$	4		$	56		$	1,050

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING PIMCO						ING Pioneer			ING Retirement			ING Retirement
		Total Return			ING Pioneer			Mid Cap Value			Conservative			Growth
		Bond Portfolio -			Fund Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Adviser Class			Adviser Class
Net investment income (loss)
Income:
Dividends	$	2,598		$	3		$	73		$	17		$	393
Total investment income		2,598			3			73			17			393
Expenses:
Mortality, expense risk
and other charges		943			4			119			102			1,605
Annual administrative charges		6			-			1			1			20
Contingent deferred sales charges		33			-			2			25			117
Other contract charges		389			2			60			45			886
Total expenses		1,371			6			182			173			2,628
Net investment income (loss)		1,227			(3	)		(109	)		(156	)		(2,235	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		344			(4	)		(543	)		67			329
Capital gains distributions		1,631			-			-			11			-
Total realized gain (loss) on investments
and capital gains distributions		1,975			(4	)		(543	)		78			329
Net unrealized appreciation
(depreciation) of investments		(351	)		49			1,825			426			10,765
Net realized and unrealized gain (loss)
on investments		1,624			45			1,282			504			11,094
Net increase (decrease) in net assets
resulting from operations	$	2,851		$	42		$	1,173		$	348		$	8,859

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING Retirement						ING T. Rowe			ING T. Rowe
		Moderate			ING Retirement			Price Capital			Price Equity			ING Templeton
		Growth			Moderate			Appreciation			Income			Global Growth
		Portfolio -			Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Adviser Class			Adviser Class			Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	410		$	290		$	519		$	152		$	83
Total investment income		410			290			519			152			83
Expenses:
Mortality, expense risk
and other charges		1,324			794			448			142			82
Annual administrative charges		11			6			4			1			1
Contingent deferred sales charges		69			43			23			3			4
Other contract charges		620			329			240			66			39
Total expenses		2,024			1,172			715			212			126
Net investment income (loss)		(1,614	)		(882	)		(196	)		(60	)		(43	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		292			198			(276	)		(1,162	)		(218	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		292			198			(276	)		(1,162	)		(218	)
Net unrealized appreciation
(depreciation) of investments		8,316			4,151			3,906			2,209			539
Net realized and unrealized gain (loss)
on investments		8,608			4,349			3,630			1,047			321
Net increase (decrease) in net assets
resulting from operations	$	6,994		$	3,467		$	3,434		$	987		$	278

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING Van
		Kampen			ING Wells			ING Wells			ING American			ING Baron
		Growth and			Fargo			Fargo Small			Century Small-			Small Cap
		Income			HealthCare			Cap Disciplined			Mid Cap Value			Growth
		Portfolio -			Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	7		$	-		$	2		$	7		$	-
Total investment income		7			-			2			7			-
Expenses:
Mortality, expense risk
and other charges		43			85			3			7			169
Annual administrative charges		1			1			-			-			1
Contingent deferred sales charges		1			3			-			-			2
Other contract charges		18			40			2			3			83
Total expenses		63			129			5			10			255
Net investment income (loss)		(56	)		(129	)		(3	)		(3	)		(255	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(464	)		(307	)		(73	)		1			(9	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(464	)		(307	)		(73	)		1			(9	)
Net unrealized appreciation
(depreciation) of investments		829			622			55			126			2,807
Net realized and unrealized gain (loss)
on investments		365			315			(18	)		127			2,798
Net increase (decrease) in net assets
resulting from operations	$	309		$	186		$	(21	)	$	124		$	2,543

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


											ING Legg
											Mason
		ING Columbia									ClearBridge		ING
		Small Cap			ING Davis New			ING JPMorgan			Aggressive		Oppenheimer
		Value			York Venture			Mid Cap Value			Growth		Global
		Portfolio -			Portfolio -			Portfolio -			Portfolio -		Portfolio -
		Service Class			Service Class			Service Class			Service Class		Initial Class
Net investment income (loss)
Income:
Dividends	$	48		$	39		$	24		$	-		$	3
Total investment income		48			39			24			-			3
Expenses:
Mortality, expense risk
and other charges		61			144			45			20			2
Annual administrative charges		-			1			-			-			-
Contingent deferred sales charges		2			7			1			-			-
Other contract charges		30			68			15			10			-
Total expenses		93			220			61			30			2
Net investment income (loss)		(45	)		(181	)		(37	)		(30	)		1

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(94	)		(302	)		(122	)		(13	)		1
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(94	)		(302	)		(122	)		(13	)		1
Net unrealized appreciation
(depreciation) of investments		921			1,323			738			290			22
Net realized and unrealized gain (loss)
on investments		827			1,021			616			277			23
Net increase (decrease) in net assets
resulting from operations	$	782		$	840		$	579		$	247		$	24

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


					ING
		ING			Oppenheimer
		Oppenheimer			Global Strategic		ING PIMCO
		Global			Income		Total Return		ING Solution			ING Solution
		Portfolio -			Portfolio -		Portfolio -		2015 Portfolio -			2025 Portfolio -
		Service Class			Service Class		Service Class		Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	123		$	4	$	7	$	4		$	17
Total investment income		123			4		7		4			17
Expenses:
Mortality, expense risk
and other charges		129			1		2		2			13
Annual administrative charges		2			-		-		-			-
Contingent deferred sales charges		18			-		-		-			-
Other contract charges		59			1		1		1			7
Total expenses		208			2		3		3			20
Net investment income (loss)		(85	)		2		4		1			(3	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(215	)		-		-		(1	)		(43	)
Capital gains distributions		-			-		-		-			-
Total realized gain (loss) on investments
and capital gains distributions		(215	)		-		-		(1	)		(43	)
Net unrealized appreciation
(depreciation) of investments		1,352			13		9		18			160
Net realized and unrealized gain (loss)
on investments		1,137			13		9		17			117
Net increase (decrease) in net assets
resulting from operations	$	1,052		$	15	$	13	$	18		$	114

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


									ING T. Rowe
									Price			ING T. Rowe
						ING Solution			Diversified Mid			Price Growth
		ING Solution			ING Solution	Income			Cap Growth			Equity
		2035 Portfolio -			2045 Portfolio -	Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class	Service Class			Service Class			Service Class
Net investment income (loss)
Income:
Dividends	$	1		$	-	$	3	$	1		$	1
Total investment income		1			-		3		1			1
Expenses:
Mortality, expense risk
and other charges		1			-		1		16			50
Annual administrative charges		-			-		-		-			-
Contingent deferred sales charges		-			-		-		-			1
Other contract charges		1			-		-		8			23
Total expenses		2			-		1		24			74
Net investment income (loss)		(1	)		-		2		(23	)		(73	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		-			-		2		(15	)		(58	)
Capital gains distributions		-			-		-		-			-
Total realized gain (loss) on investments
and capital gains distributions		-			-		2		(15	)		(58	)
Net unrealized appreciation
(depreciation) of investments		15			3		4		400			540
Net realized and unrealized gain (loss)
on investments		15			3		6		385			482
Net increase (decrease) in net assets
resulting from operations	$	14		$	3	$	8	$	362		$	409

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


								ING UBS U.S.				ING Van
		ING Templeton			ING Thornburg		ING Thornburg	Large Cap				Kampen
		Foreign Equity			Value		Value	Equity				Comstock
		Portfolio -			Portfolio -		Portfolio -	Portfolio -				Portfolio -
		Service Class			Initial Class		Service Class	Service Class				Service Class
Net investment income (loss)
Income:
Dividends	$	161		$	-	$	3	$	4		$	58
Total investment income		161			-		3		4			58
Expenses:
Mortality, expense risk
and other charges		124			-		2		8			74
Annual administrative charges		2			-		-		-			1
Contingent deferred sales charges		9			-		-		-			11
Other contract charges		46			-		1		4			29
Total expenses		181			-		3		12			115
Net investment income (loss)		(20	)		-		-		(8	)		(57	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(332	)		-		-		(5	)		(1,185	)
Capital gains distributions		-			-		-		-			-
Total realized gain (loss) on investments
and capital gains distributions		(332	)		-		-		(5	)		(1,185	)
Net unrealized appreciation
(depreciation) of investments		800			-		20		71			1,591
Net realized and unrealized gain (loss)
on investments		468			-		20		66			406
Net increase (decrease) in net assets
resulting from operations	$	448		$	-	$	20	$	58		$	349

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING Van		ING Strategic		ING Strategic			ING Strategic
		Kampen Equity		Allocation		Allocation			Allocation			ING Growth
		and Income		Conservative		Growth			Moderate			and Income
		Portfolio -		Portfolio -		Portfolio -			Portfolio -			Portfolio -
		Service Class		Class S		Class S			Class S			Class I
Net investment income (loss)
Income:
Dividends	$	66		$	-	$	4		$	1	$	14
Total investment income		66			-		4			1		14
Expenses:
Mortality, expense risk
and other charges		51			-		1			-		17
Annual administrative charges		-			-		-			-		1
Contingent deferred sales charges		2			-		-			-		-
Other contract charges		17			-		1			-		-
Total expenses		70			-		2			-		18
Net investment income (loss)		(4	)		-		2			1		(4	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(26	)		-		(5	)		-		(18	)
Capital gains distributions		-			-		-			-		-
Total realized gain (loss) on investments
and capital gains distributions		(26	)		-		(5	)		-		(18	)
Net unrealized appreciation
(depreciation) of investments		373			-		16			2		173
Net realized and unrealized gain (loss)
on investments		347			-		11			2		155
Net increase (decrease) in net assets
resulting from operations	$	343		$	-	$	13		$	3	$	151

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING Growth
		and Income			ING GET U.S.			ING GET U.S.			ING GET U.S.			ING GET U.S.
		Portfolio -			Core Portfolio -			Core Portfolio -			Core Portfolio -			Core Portfolio -
		Class S			Series 5			Series 6			Series 7			Series 8
Net investment income (loss)
Income:
Dividends	$	40		$	39		$	23		$	49		$	9
Total investment income		40			39			23			49			9
Expenses:
Mortality, expense risk
and other charges		67			46			23			51			8
Annual administrative charges		1			1			-			-			-
Contingent deferred sales charges		1			11			6			-			-
Other contract charges		36			-			-			-			-
Total expenses		105			58			29			51			8
Net investment income (loss)		(65	)		(19	)		(6	)		(2	)		1

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(26	)		(144	)		(61	)		(66	)		(3	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(26	)		(144	)		(61	)		(66	)		(3	)
Net unrealized appreciation
(depreciation) of investments		593			149			59			76			4
Net realized and unrealized gain (loss)
on investments		567			5			(2	)		10			1
Net increase (decrease) in net assets
resulting from operations	$	502		$	(14	)	$	(8	)	$	8		$	2

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING GET U.S.			ING GET U.S.			ING GET U.S.			ING GET U.S.			ING GET U.S.
		Core Portfolio -			Core Portfolio -			Core Portfolio -			Core Portfolio -			Core Portfolio -
		Series 9			Series 10			Series 11			Series 12			Series 13
Net investment income (loss)
Income:
Dividends	$	5		$	5		$	6		$	2		$	16
Total investment income		5			5			6			2			16
Expenses:
Mortality, expense risk
and other charges		5			3			4			1			15
Annual administrative charges		-			-			-			-			-
Contingent deferred sales charges		-			-			-			-			-
Other contract charges		-			-			-			-			-
Total expenses		5			3			4			1			15
Net investment income (loss)		-			2			2			1			1

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(9	)		(5	)		(1	)		(1	)		(1	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(9	)		(5	)		(1	)		(1	)		(1	)
Net unrealized appreciation
(depreciation) of investments		13			8			6			3			26
Net realized and unrealized gain (loss)
on investments		4			3			5			2			25
Net increase (decrease) in net assets
resulting from operations	$	4		$	5		$	7		$	3		$	26

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


					ING BlackRock
					Science and
					Technology			ING Euro		ING FTSE 100
		ING GET U.S.			Opportunities			STOXX 50		Index			ING Hang Seng
		Core Portfolio -			Portfolio -			Index Portfolio -		Portfolio -			Index Portfolio -
		Series 14			Class S			Class A		Class A			Class S
Net investment income (loss)
Income:
Dividends	$	346		$	-		$	-		$	-	$	1
Total investment income		346			-			-			-		1
Expenses:
Mortality, expense risk
and other charges		210			94			1					33
Annual administrative charges		2			1			-			-		-
Contingent deferred sales charges		10			4			-			-		-
Other contract charges		-			43			-			-		17
Total expenses		222			142			1			-		50
Net investment income (loss)		124			(142	)		(1	)		-		(49	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(3	)		41			(6	)				12
Capital gains distributions		-			-			-			-		-
Total realized gain (loss) on investments
and capital gains distributions		(3	)		41			(6	)		-		12
Net unrealized appreciation
(depreciation) of investments		254			912			-			-		131
Net realized and unrealized gain (loss)
on investments		251			953			(6	)		-		143
Net increase (decrease) in net assets
resulting from operations	$	375		$	811		$	(7	)	$	-	$	94

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING Index Plus			ING Index Plus			ING Index Plus			ING		ING Japan
		LargeCap			MidCap			SmallCap			International		TOPIX Index®
		Portfolio -			Portfolio -			Portfolio -			Index Portfolio -		Portfolio -
		Class S			Class S			Class S			Class S		Class A
Net investment income (loss)
Income:
Dividends	$	65		$	55		$	26		$	131		$	-
Total investment income		65			55			26			131			-
Expenses:
Mortality, expense risk
and other charges		54			93			80			51			-
Annual administrative charges		1			1			1			-			-
Contingent deferred sales charges		1			8			2			1			-
Other contract charges		28			49			43			25			-
Total expenses		84			151			126			77			-
Net investment income (loss)		(19	)		(96	)		(100	)		54			-

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(47	)		(236	)		(154	)		(40	)		(1	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		(47	)		(236	)		(154	)		(40	)		(1	)
Net unrealized appreciation
(depreciation) of investments		466			1,446			1,218			207			1
Net realized and unrealized gain (loss)
on investments		419			1,210			1,064			167			-
Net increase (decrease) in net assets
resulting from operations	$	400		$	1,114		$	964		$	221		$	-

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


	ING				ING Russell™			ING Russell™		ING Russell™			ING Russell™
	Opportunistic				Global Large			Large Cap		Large Cap			Large Cap
	Large Cap				Cap Index 75%			Growth Index		Index			Value Index
	Portfolio -				Portfolio -			Portfolio -		Portfolio -			Portfolio -
	Class S				Class S			Class S		Class S			Class S
Net investment income (loss)
Income:
Dividends	$	2		$	2		$	7		$	228	$	24
Total investment income		2			2			7			228		24
Expenses:
Mortality, expense risk
and other charges		1			2			18			103		24
Annual administrative charges		-			-			-			1		-
Contingent deferred sales charges		-			-			2			3		1
Other contract charges		-			1			7			38		10
Total expenses		1			3			27			145		35
Net investment income (loss)		1			(1	)		(20	)		83		(11	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(46	)		(3	)		40			218		17
Capital gains distributions		-			41			-			-		161
Total realized gain (loss) on investments
and capital gains distributions		(46	)		38			40			218		178
Net unrealized appreciation
(depreciation) of investments		34			(19	)		98			337		(31	)
Net realized and unrealized gain (loss)
on investments		(12	)		19			138			555		147
Net increase (decrease) in net assets
resulting from operations	$	(11	)	$	18		$	118		$	638	$	136

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING Russell™
		Mid Cap			ING Russell™			ING Russell™			ING Small			ING U.S. Bond
		Growth Index			Mid Cap Index			Small Cap			Company			Index
		Portfolio -			Portfolio -			Index Portfolio -			Portfolio -			Portfolio -
		Class S			Class S			Class S			Class S			Class S
Net investment income (loss)
Income:
Dividends	$	12		$	11		$	9		$	10		$	140
Total investment income		12			11			9			10			140
Expenses:
Mortality, expense risk
and other charges		61			33			33			34			90
Annual administrative charges		1			-			-			-			-
Contingent deferred sales charges		1			-			-			-			2
Other contract charges		29			14			15			17			41
Total expenses		92			47			48			51			133
Net investment income (loss)		(80	)		(36	)		(39	)		(41	)		7

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		73			59			(41	)		58			116
Capital gains distributions		37			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		110			59			(41	)		58			116
Net unrealized appreciation
(depreciation) of investments		833			441			537			517			80
Net realized and unrealized gain (loss)
on investments		943			500			496			575			196
Net increase (decrease) in net assets
resulting from operations	$	863		$	464		$	457		$	534		$	203

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


		ING
		WisdomTree^SM		ING
		Global High-		International				ING MidCap			ING SmallCap
		Yielding Equity		Value				Opportunities			Opportunities			Invesco V.I.
		Index Portfolio -		Portfolio -				Portfolio -			Portfolio -			Leisure Fund -
		Class S		Class S				Class S			Class S			Series I Shares
Net investment income (loss)
Income:
Dividends	$	197		$	17		$	24		$	-		$	1
Total investment income		197			17			24			-			1
Expenses:
Mortality, expense risk
and other charges		85			11			63			10			3
Annual administrative charges		1			-			1			-			-
Contingent deferred sales charges		7			-			1			-			-
Other contract charges		43			6			27			5			1
Total expenses		136			17			92			15			4
Net investment income (loss)		61			-			(68	)		(15	)		(3	)

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		244			(51	)		(4	)		(5	)		(30	)
Capital gains distributions		-			-			-			-			-
Total realized gain (loss) on investments
and capital gains distributions		244			(51	)		(4	)		(5	)		(30	)
Net unrealized appreciation
(depreciation) of investments		(273	)		54			1,236			225			60
Net realized and unrealized gain (loss)
on investments		(29	)		3			1,232			220			30
Net increase (decrease) in net assets
resulting from operations	$	32		$	3		$	1,164		$	205		$	27

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


					Legg Mason
	Legg Mason				Global Currents
	ClearBridge				Variable
	Variable Large				International			Legg Mason			Legg Mason		Legg Mason
	Cap Value				All Cap			Variable			Variable		Variable
	Portfolio -				Opportunity			Lifestyle			Lifestyle		Lifestyle
	Class I				Portfolio			Allocation 50%			Allocation 70%		Allocation 85%
Net investment income (loss)
Income:
Dividends	$	9		$	2		$	36		$	11	$	4
Total investment income		9			2			36			11		4
Expenses:
Mortality, expense risk
and other charges		4			2			17			7		3
Annual administrative charges		-			-			1			1		-
Contingent deferred sales charges		-			-			-			-		-
Other contract charges		-			-			-			-		-
Total expenses		4			2			18			8		3
Net investment income (loss)		5			-			18			3		1

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		(9	)		(10	)		(3	)		10		(14	)
Capital gains distributions		-			-			-			-		-
Total realized gain (loss) on investments
and capital gains distributions		(9	)		(10	)		(3	)		10		(14	)
Net unrealized appreciation
(depreciation) of investments		27			12			130			53		46
Net realized and unrealized gain (loss)
on investments		18			2			127			63		32
Net increase (decrease) in net assets
resulting from operations	$	23		$	2		$	145		$	66	$	33

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)


	Legg Mason			Legg Mason		Oppenheimer		PIMCO Real
	Western Asset			Western Asset		Main Street		Return			Pioneer Equity
	Variable High			Variable Money		Small Cap		Portfolio -			Income VCT
	Income			Market		Fund®/VA -		Administrative			Portfolio -
	Portfolio			Portfolio		Service Class		Class			Class II
Net investment income (loss)
Income:
Dividends	$	19	$	-	$	-		$	3	$	31
Total investment income		19		-		-			3		31
Expenses:
Mortality, expense risk
and other charges		3		-		1			2		17
Annual administrative charges		-		-		-			-		-
Contingent deferred sales charges		-		-		-			-		-
Other contract charges		-		-		1			1		8
Total expenses		3		-		2			3		25
Net investment income (loss)		16		-		(2	)		-		6

Realized and unrealized gain (loss)
on investments
Net realized gain (loss) on investments		-		-		(1	)		-		(23	)
Capital gains distributions		-		-		-			2		-
Total realized gain (loss) on investments
and capital gains distributions		-		-		(1	)		2		(23	)
Net unrealized appreciation
(depreciation) of investments		11		-		23			11		265
Net realized and unrealized gain (loss)
on investments		11		-		22			13		242
Net increase (decrease) in net assets
resulting from operations	$	27	$	-	$	20		$	13	$	248

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Operations
For the year ended December 31, 2010
(Dollars in thousands)

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		BlackRock			Columbia Small			Fidelity® VIP			Fidelity® VIP
		Global			Cap Value			Equity-Income			Contrafund®
		Allocation V.I.			Fund, Variable			Portfolio -			Portfolio -
		Fund - Class III			Series - Class B			Service Class 2			Service Class 2
Net assets at January 1, 2009	$	5,770		$	832		$	4,368		$	21,121

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(4	)		(13	)		2			(255	)
Total realized gain (loss) on investments
and capital gains distributions		(261	)		(30	)		(372	)		(2,466	)
Net unrealized appreciation (depreciation)
of investments		2,317			224			1,619			10,058
Net increase (decrease) in net assets from operations		2,052			181			1,249			7,337
Changes from principal transactions:
Premiums		2,630			1			349			2,493
Death benefits		(150	)		(7	)		(51	)		(185	)
Surrenders and withdrawals		(274	)		(7	)		(188	)		(494	)
Transfers between Divisions
(including fixed account), net		4,275			(30	)		182			(1,929	)
Increase (decrease) in net assets derived from
principal transactions		6,481			(43	)		292			(115	)
Total increase (decrease) in net assets		8,533			138			1,541			7,222
Net assets at December 31, 2009		14,303			970			5,909			28,343

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(170	)		(13	)		(27	)		(324	)
Total realized gain (loss) on investments
and capital gains distributions		148			(20	)		(283	)		(1,250	)
Net unrealized appreciation (depreciation)
of investments		1,224			250			1,035			5,509
Net increase (decrease) in net assets from operations		1,202			217			725			3,935
Changes from principal transactions:
Premiums		651			1			227			254
Death benefits		(9	)		(22	)		(20	)		(126	)
Surrenders and withdrawals		(138	)		(55	)		(240	)		(931	)
Transfers between Divisions
(including fixed account), net		1,715			(45	)		(180	)		(781	)
Increase (decrease) in net assets derived from
principal transactions		2,219			(121	)		(213	)		(1,584	)
Total increase (decrease) in net assets		3,421			96			512			2,351
Net assets at December 31, 2010	$	17,724		$	1,066		$	6,421		$	30,694

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


			Franklin Small						ING			ING American
			Cap Value			ING Balanced			Intermediate			Funds Asset
			Securities			Portfolio -			Bond Portfolio -			Allocation
		Fund	- Class 2			Class S			Class S			Portfolio
Net assets at January 1, 2009	$		559		$	176		$	15,658		$	1,874

Increase (decrease) in net assets
Operations:
Net investment income (loss)			1			5			784			(26	)
Total realized gain (loss) on investments
and capital gains distributions			(46	)		(7	)		(540	)		(84	)
Net unrealized appreciation (depreciation)
of investments			344			40			1,289			1,238
Net increase (decrease) in net assets from operations			299			38			1,533			1,128
Changes from principal transactions:
Premiums			442			53			3,704			3,691
Death benefits			-			-			(222	)		-
Surrenders and withdrawals			(25	)		(8	)		(347	)		(27	)
Transfers between Divisions
(including fixed account), net			(142	)		2			(501	)		1,012
Increase (decrease) in net assets derived from
principal transactions			275			47			2,634			4,676
Total increase (decrease) in net assets			574			85			4,167			5,804
Net assets at December 31, 2009			1,133			261			19,825			7,678

Increase (decrease) in net assets
Operations:
Net investment income (loss)			(10	)		3			564			(44	)
Total realized gain (loss) on investments
and capital gains distributions			(13	)		(16	)		(373	)		(13	)
Net unrealized appreciation (depreciation)
of investments			306			40			1,288			864
Net increase (decrease) in net assets from operations			283			27			1,479			807
Changes from principal transactions:
Premiums			11			-			838			401
Death benefits			-			-			(226	)		-
Surrenders and withdrawals			(12	)		(12	)		(801	)		(86	)
Transfers between Divisions
(including fixed account), net			(68	)		(37	)		739			382
Increase (decrease) in net assets derived from
principal transactions			(69	)		(49	)		550			697
Total increase (decrease) in net assets			214			(22	)		2,029			1,504
Net assets at December 31, 2010	$		1,347		$	239		$	21,854		$	9,182

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


								ING American			ING American
		ING American			ING American			Funds Growth-			Funds
		Funds Bond			Funds Growth			Income			International
		Portfolio			Portfolio			Portfolio			Portfolio
Net assets at January 1, 2009	$	10,588		$	34,496		$	21,901		$	20,501

Increase (decrease) in net assets
Operations:
Net investment income (loss)		170			(236	)		(25	)		271
Total realized gain (loss) on investments
and capital gains distributions		(245	)		3,661			1,060			2,719
Net unrealized appreciation (depreciation)
of investments		1,654			9,239			5,410			5,052
Net increase (decrease) in net assets from operations		1,579			12,664			6,445			8,042
Changes from principal transactions:
Premiums		3,068			4,184			3,325			2,786
Death benefits		(46	)		(403	)		(375	)		(96	)
Surrenders and withdrawals		(448	)		(893	)		(861	)		(385	)
Transfers between Divisions
(including fixed account), net		2,131			(739	)		(487	)		156
Increase (decrease) in net assets derived from
principal transactions		4,705			2,149			1,602			2,461
Total increase (decrease) in net assets		6,284			14,813			8,047			10,503
Net assets at December 31, 2009		16,872			49,309			29,948			31,004

Increase (decrease) in net assets
Operations:
Net investment income (loss)		18			(1,131	)		(416	)		(411	)
Total realized gain (loss) on investments
and capital gains distributions		380			(1,718	)		(762	)		(1,118	)
Net unrealized appreciation (depreciation)
of investments		238			10,142			3,612			2,750
Net increase (decrease) in net assets from operations		636			7,293			2,434			1,221
Changes from principal transactions:
Premiums		760			1,541			763			957
Death benefits		(357	)		(319	)		(213	)		(149	)
Surrenders and withdrawals		(445	)		(1,434	)		(986	)		(861	)
Transfers between Divisions
(including fixed account), net		712			(1,973	)		(299	)		105
Increase (decrease) in net assets derived from
principal transactions		670			(2,185	)		(735	)		52
Total increase (decrease) in net assets		1,306			5,108			1,699			1,273
Net assets at December 31, 2010	$	18,178		$	54,417		$	31,647		$	32,277

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		ING American						ING BlackRock			ING BlackRock
		Funds World			ING Artio			Inflation			Large Cap
		Allocation			Foreign			Protected Bond			Growth
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	-		$	11,783		$	-		$	1,680

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(9	)		113			30			(45	)
Total realized gain (loss) on investments
and capital gains distributions		95			(2,278	)		2			(166	)
Net unrealized appreciation (depreciation)
of investments		123			3,648			175			768
Net increase (decrease) in net assets from operations		209			1,483			207			557
Changes from principal transactions:
Premiums		919			599			1,404			450
Death benefits		-			(137	)		-			-
Surrenders and withdrawals		(11	)		(340	)		(8	)		(54	)
Transfers between Divisions
(including fixed account), net		39			(1,670	)		5,829			244
Increase (decrease) in net assets derived from
principal transactions		947			(1,548	)		7,225			640
Total increase (decrease) in net assets		1,156			(65	)		7,432			1,197
Net assets at December 31, 2009		1,156			11,718			7,432			2,877

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(18	)		(253	)		(27	)		(62	)
Total realized gain (loss) on investments
and capital gains distributions		121			(1,055	)		380			(169	)
Net unrealized appreciation (depreciation)
of investments		37			1,765			(71	)		561
Net increase (decrease) in net assets from operations		140			457			282			330
Changes from principal transactions:
Premiums		219			125			734			220
Death benefits		(5	)		(90	)		(16	)		(117	)
Surrenders and withdrawals		(67	)		(175	)		(171	)		(112	)
Transfers between Divisions
(including fixed account), net		39			(568	)		682			167
Increase (decrease) in net assets derived from
principal transactions		186			(708	)		1,229			158
Total increase (decrease) in net assets		326			(251	)		1,511			488
Net assets at December 31, 2010	$	1,482		$	11,467		$	8,943		$	3,365

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		ING BlackRock			ING Clarion
		Large Cap			Global Real			ING Clarion			ING DFA
		Value			Estate			Real Estate			World Equity
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	389		$	4,297		$	3,392		$	1,275

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(9	)		15			53			(34	)
Total realized gain (loss) on investments
and capital gains distributions		(9	)		(1,034	)		(864	)		(187	)
Net unrealized appreciation (depreciation)
of investments		58			2,516			1,882			477
Net increase (decrease) in net assets from operations		40			1,497			1,071			256
Changes from principal transactions:
Premiums		-			921			44			85
Death benefits		-			(20	)		(47	)		-
Surrenders and withdrawals		(13	)		(51	)		(66	)		(35	)
Transfers between Divisions
(including fixed account), net		18			(614	)		(173	)		(95	)
Increase (decrease) in net assets derived from
principal transactions		5			236			(242	)		(45	)
Total increase (decrease) in net assets		45			1,733			829			211
Net assets at December 31, 2009		434			6,030			4,221			1,486

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(4	)		399			47			(11	)
Total realized gain (loss) on investments
and capital gains distributions		(32	)		(273	)		(502	)		(64	)
Net unrealized appreciation (depreciation)
of investments		65			639			1,469			415
Net increase (decrease) in net assets from operations		29			765			1,014			340
Changes from principal transactions:
Premiums		-			56			17			3
Death benefits		-			(82	)		(9	)		(30	)
Surrenders and withdrawals		(7	)		(87	)		(115	)		(57	)
Transfers between Divisions
(including fixed account), net		(57	)		(341	)		(224	)		324
Increase (decrease) in net assets derived from
principal transactions		(64	)		(454	)		(331	)		240
Total increase (decrease) in net assets		(35	)		311			683			580
Net assets at December 31, 2010	$	399		$	6,341		$	4,904		$	2,066

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


											ING Franklin
											Templeton
		ING FMR^SM			ING Franklin			ING Franklin			Founding
		Diversified Mid			Income			Mutual Shares			Strategy
		Cap Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	6,499		$	9,080		$	4,784		$	10,006

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(121	)		625			(117	)		64
Total realized gain (loss) on investments
and capital gains distributions		(823	)		(561	)		(399	)		(115	)
Net unrealized appreciation (depreciation)
of investments		2,993			3,928			1,654			3,062
Net increase (decrease) in net assets from operations		2,049			3,992			1,138			3,011
Changes from principal transactions:
Premiums		685			747			376			842
Death benefits		(86	)		(76	)		(43	)		(125	)
Surrenders and withdrawals		(344	)		(556	)		(95	)		(136	)
Transfers between Divisions
(including fixed account), net		(628	)		6,988			(90	)		292
Increase (decrease) in net assets derived from
principal transactions		(373	)		7,103			148			873
Total increase (decrease) in net assets		1,676			11,095			1,286			3,884
Net assets at December 31, 2009		8,175			20,175			6,070			13,890

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(187	)		462			(122	)		27
Total realized gain (loss) on investments
and capital gains distributions		(77	)		(1,153	)		(153	)		(168	)
Net unrealized appreciation (depreciation)
of investments		2,428			2,452			839			1,282
Net increase (decrease) in net assets from operations		2,164			1,761			564			1,141
Changes from principal transactions:
Premiums		154			257			46			432
Death benefits		(10	)		(99	)		(56	)		(30	)
Surrenders and withdrawals		(296	)		(659	)		(183	)		(261	)
Transfers between Divisions
(including fixed account), net		(245	)		(3,787	)		461			101
Increase (decrease) in net assets derived from
principal transactions		(397	)		(4,288	)		268			242
Total increase (decrease) in net assets		1,767			(2,527	)		832			1,383
Net assets at December 31, 2010	$	9,942		$	17,648		$	6,902		$	15,273

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


								ING JPMorgan			ING JPMorgan
		ING Global			ING Janus			Emerging			Small Cap Core
		Resources			Contrarian			Markets Equity			Equity
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	9,787		$	6,991		$	11,276		$	3,770

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(302	)		(124	)		(152	)		(70	)
Total realized gain (loss) on investments
and capital gains distributions		(1,075	)		(1,355	)		(664	)		(652	)
Net unrealized appreciation (depreciation)
of investments		5,220			3,772			8,267			1,341
Net increase (decrease) in net assets from operations		3,843			2,293			7,451			619
Changes from principal transactions:
Premiums		1,051			573			1,380			187
Death benefits		(54	)		(28	)		(45	)		-
Surrenders and withdrawals		(564	)		(128	)		(238	)		(71	)
Transfers between Divisions
(including fixed account), net		188			(925	)		(1,549	)		(549	)
Increase (decrease) in net assets derived from
principal transactions		621			(508	)		(452	)		(433	)
Total increase (decrease) in net assets		4,464			1,785			6,999			186
Net assets at December 31, 2009		14,251			8,776			18,275			3,956

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(205	)		(189	)		(327	)		(100	)
Total realized gain (loss) on investments
and capital gains distributions		(677	)		(773	)		1,064			(110	)
Net unrealized appreciation (depreciation)
of investments		3,311			1,893			2,346			1,160
Net increase (decrease) in net assets from operations		2,429			931			3,083			950
Changes from principal transactions:
Premiums		13			-			234			123
Death benefits		(173	)		(15	)		(57	)		-
Surrenders and withdrawals		(294	)		(320	)		(289	)		(283	)
Transfers between Divisions
(including fixed account), net		(921	)		(781	)		(761	)		130
Increase (decrease) in net assets derived from
principal transactions		(1,375	)		(1,116	)		(873	)		(30	)
Total increase (decrease) in net assets		1,054			(185	)		2,210			920
Net assets at December 31, 2010	$	15,305		$	8,591		$	20,485		$	4,876

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


											ING Lord
		ING Large Cap			ING Limited			ING Liquid			Abbett Growth
		Growth			Maturity Bond			Assets			and Income
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	199		$	432		$	52,262		$	257

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(14	)		14			(1,171	)		(4	)
Total realized gain (loss) on investments
and capital gains distributions		(48	)		(10	)		120			(8	)
Net unrealized appreciation (depreciation)
of investments		398			17			-			53
Net increase (decrease) in net assets from operations		336			21			(1,051	)		41
Changes from principal transactions:
Premiums		426			-			20,691			-
Death benefits		-			-			(335	)		-
Surrenders and withdrawals		(2	)		(88	)		(6,237	)		(4	)
Transfers between Divisions
(including fixed account), net		752			9			(19,094	)		7
Increase (decrease) in net assets derived from
principal transactions		1,176			(79	)		(4,975	)		3
Total increase (decrease) in net assets		1,512			(58	)		(6,026	)		44
Net assets at December 31, 2009		1,711			374			46,236			301

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(38	)		9			(824	)		(5	)
Total realized gain (loss) on investments
and capital gains distributions		66			(13	)		1			(28	)
Net unrealized appreciation (depreciation)
of investments		215			11			-			71
Net increase (decrease) in net assets from operations		243			7			(823	)		38
Changes from principal transactions:
Premiums		230			-			1,387			-
Death benefits		-			-			(340	)		-
Surrenders and withdrawals		(29	)		(95	)		(8,743	)		(44	)
Transfers between Divisions
(including fixed account), net		212			-			(6,869	)		(13	)
Increase (decrease) in net assets derived from
principal transactions		413			(95	)		(14,565	)		(57	)
Total increase (decrease) in net assets		656			(88	)		(15,388	)		(19	)
Net assets at December 31, 2010	$	2,367		$	286		$	30,848		$	282

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


					ING Marsico
		ING Marsico			International			ING MFS Total			ING MFS
		Growth			Opportunities			Return			Utilities
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	5,774		$	5,285		$	9,141		$	7,193

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(77	)		(62	)		51			326
Total realized gain (loss) on investments
and capital gains distributions		(345	)		(599	)		(463	)		(161	)
Net unrealized appreciation (depreciation)
of investments		1,956			2,471			1,921			2,388
Net increase (decrease) in net assets from operations		1,534			1,810			1,509			2,553
Changes from principal transactions:
Premiums		398			723			936			1,489
Death benefits		(82	)		(42	)		(85	)		(74	)
Surrenders and withdrawals		(189	)		(108	)		(372	)		(241	)
Transfers between Divisions
(including fixed account), net		(401	)		(1,008	)		557			674
Increase (decrease) in net assets derived from
principal transactions		(274	)		(435	)		1,036			1,848
Total increase (decrease) in net assets		1,260			1,375			2,545			4,401
Net assets at December 31, 2009		7,034			6,660			11,686			11,594

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(110	)		(46	)		(192	)		38
Total realized gain (loss) on investments
and capital gains distributions		36			(490	)		(414	)		(671	)
Net unrealized appreciation (depreciation)
of investments		1,321			1,228			1,445			2,002
Net increase (decrease) in net assets from operations		1,247			692			839			1,369
Changes from principal transactions:
Premiums		28			25			207			352
Death benefits		(7	)		(29	)		(72	)		(3	)
Surrenders and withdrawals		(223	)		(172	)		(689	)		(374	)
Transfers between Divisions
(including fixed account), net		973			(489	)		(125	)		(62	)
Increase (decrease) in net assets derived from
principal transactions		771			(665	)		(679	)		(87	)
Total increase (decrease) in net assets		2,018			27			160			1,282
Net assets at December 31, 2010	$	9,052		$	6,687		$	11,846		$	12,876

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


					ING Morgan		ING
		ING Morgan			Stanley Global		Oppenheimer
		Stanley Global			Tactical Asset		Active				ING PIMCO
		Franchise			Allocation		Allocation				High Yield
		Portfolio -			Portfolio -		Portfolio -				Portfolio -
		Service Class			Service Class		Service Class				Service Class
Net assets at January 1, 2009	$	3,102		$	-		$	-		$	4,815

Increase (decrease) in net assets
Operations:
Net investment income (loss)		163			(50	)		-			322
Total realized gain (loss) on investments
and capital gains distributions		(413	)		592			8			(199	)
Net unrealized appreciation (depreciation)
of investments		1,155			246			44			1,950
Net increase (decrease) in net assets from operations		905			788			52			2,073
Changes from principal transactions:
Premiums		621			262			217			23
Death benefits		(23	)		-			-			(63	)
Surrenders and withdrawals		(123	)		(139	)		-			(615	)
Transfers between Divisions
(including fixed account), net		353			344			154			(336	)
Increase (decrease) in net assets derived from
principal transactions		828			467			371			(991	)
Total increase (decrease) in net assets		1,733			1,255			423			1,082
Net assets at December 31, 2009		4,835			1,255			423			5,897

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(88	)		(21	)		(4	)		428
Total realized gain (loss) on investments
and capital gains distributions		(179	)		224			26			(21	)
Net unrealized appreciation (depreciation)
of investments		758			(199	)		34			643
Net increase (decrease) in net assets from operations		491			4			56			1,050
Changes from principal transactions:
Premiums		65			215			23			54
Death benefits		-			(21	)		-			(43	)
Surrenders and withdrawals		(97	)		(12	)		(51	)		(557	)
Transfers between Divisions
(including fixed account), net		(218	)		(625	)		127			6,988
Increase (decrease) in net assets derived from
principal transactions		(250	)		(443	)		99			6,442
Total increase (decrease) in net assets		241			(439	)		155			7,492
Net assets at December 31, 2010	$	5,076		$	816		$	578		$	13,389

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		ING PIMCO						ING Pioneer			ING Retirement
		Total Return			ING Pioneer			Mid Cap Value			Conservative
		Bond Portfolio -			Fund Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Adviser Class
Net assets at January 1, 2009	$	32,262		$	205		$	6,262		$	-

Increase (decrease) in net assets
Operations:
Net investment income (loss)		706			(2	)		(68	)		(20	)
Total realized gain (loss) on investments
and capital gains distributions		1,798			(38	)		(452	)		-
Net unrealized appreciation (depreciation)
of investments		2,557			82			2,029			56
Net increase (decrease) in net assets from operations		5,061			42			1,509			36
Changes from principal transactions:
Premiums		10,370			33			896			333
Death benefits		(114	)		(6	)		(70	)		-
Surrenders and withdrawals		(1,610	)		(11	)		(88	)		(13	)
Transfers between Divisions
(including fixed account), net		6,838			(16	)		342			4,955
Increase (decrease) in net assets derived from
principal transactions		15,484			-			1,080			5,275
Total increase (decrease) in net assets		20,545			42			2,589			5,311
Net assets at December 31, 2009		52,807			247			8,851			5,311

Increase (decrease) in net assets
Operations:
Net investment income (loss)		1,227			(3	)		(109	)		(156	)
Total realized gain (loss) on investments
and capital gains distributions		1,975			(4	)		(543	)		78
Net unrealized appreciation (depreciation)
of investments		(351	)		49			1,825			426
Net increase (decrease) in net assets from operations		2,851			42			1,173			348
Changes from principal transactions:
Premiums		2,743			-			149			311
Death benefits		(691	)		-			(60	)		(143	)
Surrenders and withdrawals		(2,333	)		(3	)		(166	)		(576	)
Transfers between Divisions
(including fixed account), net		4,119			70			(1,000	)		2,246
Increase (decrease) in net assets derived from
principal transactions		3,838			67			(1,077	)		1,838
Total increase (decrease) in net assets		6,689			109			96			2,186
Net assets at December 31, 2010	$	59,496		$	356		$	8,947		$	7,497

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


					ING Retirement						ING T. Rowe
		ING Retirement			Moderate			ING Retirement			Price Capital
		Growth			Growth			Moderate			Appreciation
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Adviser Class			Adviser Class			Adviser Class			Service Class
Net assets at January 1, 2009	$	-		$	-		$	-		$	19,961

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(479	)		(379	)		(208	)		(93	)
Total realized gain (loss) on investments
and capital gains distributions		1			15			3			(875	)
Net unrealized appreciation (depreciation)
of investments		2,027			1,440			676			7,483
Net increase (decrease) in net assets from operations		1,549			1,076			471			6,515
Changes from principal transactions:
Premiums		979			513			639			2,283
Death benefits		(139	)		(42	)		(6	)		(290	)
Surrenders and withdrawals		(381	)		(397	)		(232	)		(533	)
Transfers between Divisions
(including fixed account), net		102,700			84,880			47,924			807
Increase (decrease) in net assets derived from
principal transactions		103,159			84,954			48,325			2,267
Total increase (decrease) in net assets		104,708			86,030			48,796			8,782
Net assets at December 31, 2009		104,708			86,030			48,796			28,743

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(2,235	)		(1,614	)		(882	)		(196	)
Total realized gain (loss) on investments
and capital gains distributions		329			292			198			(276	)
Net unrealized appreciation (depreciation)
of investments		10,765			8,316			4,151			3,906
Net increase (decrease) in net assets from operations		8,859			6,994			3,467			3,434
Changes from principal transactions:
Premiums		2,157			1,397			1,261			715
Death benefits		(719	)		(503	)		(159	)		(34	)
Surrenders and withdrawals		(3,609	)		(2,606	)		(1,805	)		(785	)
Transfers between Divisions
(including fixed account), net		(1,844	)		(1,760	)		710			1,823
Increase (decrease) in net assets derived from
principal transactions		(4,015	)		(3,472	)		7			1,719
Total increase (decrease) in net assets		4,844			3,522			3,474			5,153
Net assets at December 31, 2010	$	109,552		$	89,552		$	52,270		$	33,896

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


								ING Van
		ING T. Rowe						Kampen			ING Wells
		Price Equity			ING Templeton			Growth and			Fargo
		Income			Global Growth			Income			HealthCare
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	7,214		$	4,943		$	1,874		$	4,254

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(36	)		(7	)		(16	)		(109	)
Total realized gain (loss) on investments
and capital gains distributions		(1,527	)		(799	)		(209	)		(377	)
Net unrealized appreciation (depreciation)
of investments		3,177			1,996			647			1,284
Net increase (decrease) in net assets from operations		1,614			1,190			422			798
Changes from principal transactions:
Premiums		999			233			268			384
Death benefits		(3	)		(76	)		(83	)		(11	)
Surrenders and withdrawals		(144	)		(162	)		(151	)		(66	)
Transfers between Divisions
(including fixed account), net		(547	)		(586	)		212			(379	)
Increase (decrease) in net assets derived from
principal transactions		305			(591	)		246			(72	)
Total increase (decrease) in net assets		1,919			599			668			726
Net assets at December 31, 2009		9,133			5,542			2,542			4,980

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(60	)		(43	)		(56	)		(129	)
Total realized gain (loss) on investments
and capital gains distributions		(1,162	)		(218	)		(464	)		(307	)
Net unrealized appreciation (depreciation)
of investments		2,209			539			829			622
Net increase (decrease) in net assets from operations		987			278			309			186
Changes from principal transactions:
Premiums		319			49			18			118
Death benefits		(71	)		(19	)		(7	)		(51	)
Surrenders and withdrawals		(318	)		(214	)		(101	)		(150	)
Transfers between Divisions
(including fixed account), net		(173	)		114			50			(17	)
Increase (decrease) in net assets derived from
principal transactions		(243	)		(70	)		(40	)		(100	)
Total increase (decrease) in net assets		744			208			269			86
Net assets at December 31, 2010	$	9,877		$	5,750		$	2,811		$	5,066

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		ING Wells			ING American			ING Baron			ING Columbia
		Fargo Small			Century Small-			Small Cap			Small Cap
		Cap Disciplined			Mid Cap Value			Growth			Value
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	211		$	161		$	5,999		$	2,836

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(4	)		1			(184	)		(41	)
Total realized gain (loss) on investments
and capital gains distributions		(15	)		(5	)		(276	)		(178	)
Net unrealized appreciation (depreciation)
of investments		92			111			2,805			969
Net increase (decrease) in net assets from operations		73			107			2,345			750
Changes from principal transactions:
Premiums		111			123			1,355			296
Death benefits		-			-			(46	)		(7	)
Surrenders and withdrawals		(1	)		(1	)		(83	)		(45	)
Transfers between Divisions
(including fixed account), net		68			156			515			(137	)
Increase (decrease) in net assets derived from
principal transactions		178			278			1,741			107
Total increase (decrease) in net assets		251			385			4,086			857
Net assets at December 31, 2009		462			546			10,085			3,693

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(3	)		(3	)		(255	)		(45	)
Total realized gain (loss) on investments
and capital gains distributions		(73	)		1			(9	)		(94	)
Net unrealized appreciation (depreciation)
of investments		55			126			2,807			921
Net increase (decrease) in net assets from operations		(21	)		124			2,543			782
Changes from principal transactions:
Premiums		9			54			669			5
Death benefits		(2	)		-			(84	)		-
Surrenders and withdrawals		(19	)		(8	)		(241	)		(84	)
Transfers between Divisions
(including fixed account), net		(429	)		20			370			(296	)
Increase (decrease) in net assets derived from
principal transactions		(441	)		66			714			(375	)
Total increase (decrease) in net assets		(462	)		190			3,257			407
Net assets at December 31, 2010	$	-		$	736		$	13,342		$	4,100

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


								ING Legg
								Mason
								ClearBridge		ING
		ING Davis New			ING JPMorgan			Aggressive		Oppenheimer
		York Venture			Mid Cap Value			Growth		Global
		Portfolio -			Portfolio -			Portfolio -		Portfolio -
		Service Class			Service Class			Service Class		Initial Class
Net assets at January 1, 2009	$	7,943		$	1,294		$	1,152		$	151

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(139	)		(6	)		(29	)		(1	)
Total realized gain (loss) on investments
and capital gains distributions		(1,519	)		(28	)		(79	)		(12	)
Net unrealized appreciation (depreciation)
of investments		3,467			536			418			66
Net increase (decrease) in net assets from operations		1,809			502			310			53
Changes from principal transactions:
Premiums		728			436			1			(5	)
Death benefits		(42	)		(16	)		(6	)		-
Surrenders and withdrawals		(108	)		(25	)		(7	)		(48	)
Transfers between Divisions
(including fixed account), net		(905	)		558			(217	)		14
Increase (decrease) in net assets derived from
principal transactions		(327	)		953			(229	)		(39	)
Total increase (decrease) in net assets		1,482			1,455			81			14
Net assets at December 31, 2009		9,425			2,749			1,233			165

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(181	)		(37	)		(30	)		1
Total realized gain (loss) on investments
and capital gains distributions		(302	)		(122	)		(13	)		1
Net unrealized appreciation (depreciation)
of investments		1,323			738			290			22
Net increase (decrease) in net assets from operations		840			579			247			24
Changes from principal transactions:
Premiums		160			128			-			-
Death benefits		(81	)		(12	)		-			-
Surrenders and withdrawals		(279	)		(50	)		(42	)		(5	)
Transfers between Divisions
(including fixed account), net		(184	)		72			(48	)		(8	)
Increase (decrease) in net assets derived from
principal transactions		(384	)		138			(90	)		(13	)
Total increase (decrease) in net assets		456			717			157			11
Net assets at December 31, 2010	$	9,881		$	3,466		$	1,390		$	176

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


				ING
				Oppenheimer
		ING		Global
		Oppenheimer		Strategic			ING PIMCO
		Global		Income			Total Return			ING Solution
		Portfolio -		Portfolio -			Portfolio -			2015 Portfolio -
		Service Class		Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	6,873		$	88	$	111		$	26

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(22	)		2		4			4
Total realized gain (loss) on investments
and capital gains distributions		(383	)		-		7			-
Net unrealized appreciation (depreciation)
of investments		2,768			16		12			24
Net increase (decrease) in net assets from operations		2,363			18		23			28
Changes from principal transactions:
Premiums		321			-		98			125
Death benefits		(68	)		-		-			-
Surrenders and withdrawals		(327	)		-		(3	)		-
Transfers between Divisions
(including fixed account), net		(669	)		5		3			-
Increase (decrease) in net assets derived from
principal transactions		(743	)		5		98			125
Total increase (decrease) in net assets		1,620			23		121			153
Net assets at December 31, 2009		8,493			111		232			179

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(85	)		2		4			1
Total realized gain (loss) on investments
and capital gains distributions		(215	)		-		-			(1	)
Net unrealized appreciation (depreciation)
of investments		1,352			13		9			18
Net increase (decrease) in net assets from operations		1,052			15		13			18
Changes from principal transactions:
Premiums		168			-		-			17
Death benefits		(139	)		-		-			-
Surrenders and withdrawals		(526	)		-		(1	)		(8	)
Transfers between Divisions
(including fixed account), net		(213	)		-		(21	)		-
Increase (decrease) in net assets derived from
principal transactions		(710	)		-		(22	)		9
Total increase (decrease) in net assets		342			15		(9	)		27
Net assets at December 31, 2010	$	8,835		$	126	$	223		$	206

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


											ING Solution
		ING Solution			ING Solution			ING Solution			Income
		2025 Portfolio -			2035 Portfolio -			2045 Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	771		$	77		$	14		$	51

Increase (decrease) in net assets
Operations:
Net investment income (loss)		17			-			-			3
Total realized gain (loss) on investments
and capital gains distributions		(8	)		(1	)		-			(6	)
Net unrealized appreciation (depreciation)
of investments		202			20			4			18
Net increase (decrease) in net assets from operations		211			19			4			15
Changes from principal transactions:
Premiums		215			19			-			64
Death benefits		-			-			-			-
Surrenders and withdrawals		(6	)		-			-			(42	)
Transfers between Divisions
(including fixed account), net		-			-			(1	)		-
Increase (decrease) in net assets derived from
principal transactions		209			19			(1	)		22
Total increase (decrease) in net assets		420			38			3			37
Net assets at December 31, 2009		1,191			115			17			88

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(3	)		(1	)		-			2
Total realized gain (loss) on investments
and capital gains distributions		(43	)		-			-			2
Net unrealized appreciation (depreciation)
of investments		160			15			3			4
Net increase (decrease) in net assets from operations		114			14			3			8
Changes from principal transactions:
Premiums		-			-			-			14
Death benefits		-			-			-			-
Surrenders and withdrawals		(162	)		-			-			(8	)
Transfers between Divisions
(including fixed account), net		-			-			-			-
Increase (decrease) in net assets derived from
principal transactions		(162	)		-			-			6
Total increase (decrease) in net assets		(48	)		14			3			14
Net assets at December 31, 2010	$	1,143		$	129		$	20		$	102

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


ING T. Rowe
		Price			ING T. Rowe
		Diversified Mid			Price Growth			ING Templeton			ING Thornburg
		Cap Growth			Equity			Foreign Equity			Value
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Initial Class
Net assets at January 1, 2009	$	393		$	1,084		$	6,061		$	1

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(11	)		(42	)		(153	)		-
Total realized gain (loss) on investments
and capital gains distributions		(37	)		(103	)		(498	)		-
Net unrealized appreciation (depreciation)
of investments		364			837			2,419			1
Net increase (decrease) in net assets from operations		316			692			1,768			1
Changes from principal transactions:
Premiums		374			592			409			-
Death benefits		-			-			(52	)		-
Surrenders and withdrawals		(24	)		(37	)		(322	)		-
Transfers between Divisions
(including fixed account), net		189			1,150			435			-
Increase (decrease) in net assets derived from
principal transactions		539			1,705			470			-
Total increase (decrease) in net assets		855			2,397			2,238			1
Net assets at December 31, 2009		1,248			3,481			8,299			2

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(23	)		(73	)		(20	)		-
Total realized gain (loss) on investments
and capital gains distributions		(15	)		(58	)		(332	)		-
Net unrealized appreciation (depreciation)
of investments		400			540			800			-
Net increase (decrease) in net assets from operations		362			409			448			-
Changes from principal transactions:
Premiums		165			458			61			-
Death benefits		-			(54	)		(45	)		-
Surrenders and withdrawals		-			(83	)		(429	)		-
Transfers between Divisions
(including fixed account), net		(30	)		(220	)		787			-
Increase (decrease) in net assets derived from
principal transactions		135			101			374			-
Total increase (decrease) in net assets		497			510			822			-
Net assets at December 31, 2010	$	1,745		$	3,991		$	9,121		$	2

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


					ING UBS U.S.			ING Van			ING Van
		ING Thornburg			Large Cap			Kampen			Kampen Equity
		Value			Equity			Comstock			and Income
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Service Class			Service Class			Service Class			Service Class
Net assets at January 1, 2009	$	72		$	510		$	3,365		$	2,087

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(2	)		(4	)		8			(7	)
Total realized gain (loss) on investments
and capital gains distributions		(1	)		(18	)		(241	)		(61	)
Net unrealized appreciation (depreciation)
of investments		50			158			1,159			550
Net increase (decrease) in net assets from operations		47			136			926			482
Changes from principal transactions:
Premiums		91			11			190			327
Death benefits		-			(23	)		(15	)		(64	)
Surrenders and withdrawals		(24	)		(7	)		(157	)		(92	)
Transfers between Divisions
(including fixed account), net		(1	)		(42	)		840			231
Increase (decrease) in net assets derived from
principal transactions		66			(61	)		858			402
Total increase (decrease) in net assets		113			75			1,784			884
Net assets at December 31, 2009		185			585			5,149			2,971

Increase (decrease) in net assets
Operations:
Net investment income (loss)		-			(8	)		(57	)		(4	)
Total realized gain (loss) on investments
and capital gains distributions		-			(5	)		(1,185	)		(26	)
Net unrealized appreciation (depreciation)
of investments		20			71			1,591			373
Net increase (decrease) in net assets from operations		20			58			349			343
Changes from principal transactions:
Premiums		37			-			108			51
Death benefits		-			-			(25	)		(9	)
Surrenders and withdrawals		(1	)		(5	)		(330	)		(82	)
Transfers between Divisions
(including fixed account), net		(4	)		(34	)		(721	)		1,158
Increase (decrease) in net assets derived from
principal transactions		32			(39	)		(968	)		1,118
Total increase (decrease) in net assets		52			19			(619	)		1,461
Net assets at December 31, 2010	$	237		$	604		$	4,530		$	4,432

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


	ING Strategic			ING Strategic		ING Strategic
	Allocation			Allocation		Allocation			ING Growth
	Conservative			Growth		Moderate			and Income
	Portfolio -			Portfolio -		Portfolio -			Portfolio -
	Class S			Class S		Class S			Class I
Net assets at January 1, 2009	$	-	$	74		$	23	$	1,109

Increase (decrease) in net assets
Operations:
Net investment income (loss)		-		8			2		1
Total realized gain (loss) on investments
and capital gains distributions		-		4			1		(79	)
Net unrealized appreciation (depreciation)
of investments		-		12			2		367
Net increase (decrease) in net assets from operations		-		24			5		289
Changes from principal transactions:
Premiums		-		29			1		1
Death benefits		-		-			-		(19	)
Surrenders and withdrawals		-		-			-		(121	)
Transfers between Divisions
(including fixed account), net		-		(2	)		-		(2	)
Increase (decrease) in net assets derived from
principal transactions		-		27			1		(141	)
Total increase (decrease) in net assets		-		51			6		148
Net assets at December 31, 2009		-		125			29		1,257

Increase (decrease) in net assets
Operations:
Net investment income (loss)		-		2			1		(4	)
Total realized gain (loss) on investments
and capital gains distributions		-		(5	)		-		(18	)
Net unrealized appreciation (depreciation)
of investments		-		16			2		173
Net increase (decrease) in net assets from operations		-		13			3		151
Changes from principal transactions:
Premiums		-		-			-		-
Death benefits		-		-			-		(1	)
Surrenders and withdrawals		-		-			-		(53	)
Transfers between Divisions
(including fixed account), net		-		(6	)		-		-
Increase (decrease) in net assets derived from
principal transactions		-		(6	)		-		(54	)
Total increase (decrease) in net assets		-		7			3		97
Net assets at December 31, 2010	$	-	$	132		$	32	$	1,354

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


ING Growth
		and Income			ING GET U.S.			ING GET U.S.			ING GET U.S.
		Portfolio -			Core Portfolio -			Core Portfolio -			Core Portfolio -
		Class S			Series 5			Series 6			Series 7
Net assets at January 1, 2009	$	755		$	3,070		$	1,384		$	2,673

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(1	)		14			(4	)		2
Total realized gain (loss) on investments
and capital gains distributions		(92	)		(202	)		(65	)		(75	)
Net unrealized appreciation (depreciation)
of investments		566			139			54			38
Net increase (decrease) in net assets from operations		473			(49	)		(15	)		(35	)
Changes from principal transactions:
Premiums		77			-			(1	)		-
Death benefits		(152	)		-			(134	)		-
Surrenders and withdrawals		(60	)		(567	)		(86	)		(192	)
Transfers between Divisions
(including fixed account), net		3,123			1			1			(19	)
Increase (decrease) in net assets derived from
principal transactions		2,988			(566	)		(220	)		(211	)
Total increase (decrease) in net assets		3,461			(615	)		(235	)		(246	)
Net assets at December 31, 2009		4,216			2,455			1,149			2,427

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(65	)		(19	)		(6	)		(2	)
Total realized gain (loss) on investments
and capital gains distributions		(26	)		(144	)		(61	)		(66	)
Net unrealized appreciation (depreciation)
of investments		593			149			59			76
Net increase (decrease) in net assets from operations		502			(14	)		(8	)		8
Changes from principal transactions:
Premiums		112			(4	)		(3	)		-
Death benefits		(5	)		(56	)		-			(48	)
Surrenders and withdrawals		(123	)		(335	)		(155	)		(147	)
Transfers between Divisions
(including fixed account), net		345			(37	)		(63	)		-
Increase (decrease) in net assets derived from
principal transactions		329			(432	)		(221	)		(195	)
Total increase (decrease) in net assets		831			(446	)		(229	)		(187	)
Net assets at December 31, 2010	$	5,047		$	2,009		$	920		$	2,240

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		ING GET U.S.			ING GET U.S.			ING GET U.S.			ING GET U.S.
		Core Portfolio -			Core Portfolio -			Core Portfolio -			Core Portfolio -
		Series 8			Series 9			Series 10			Series 11
Net assets at January 1, 2009	$	380		$	234		$	923		$	250

Increase (decrease) in net assets
Operations:
Net investment income (loss)		-			-			(13	)		4
Total realized gain (loss) on investments
and capital gains distributions		(2	)		(2	)		(177	)		(6	)
Net unrealized appreciation (depreciation)
of investments		1			-			153			(6	)
Net increase (decrease) in net assets from operations		(1	)		(2	)		(37	)		(8	)
Changes from principal transactions:
Premiums		-			-			-			-
Death benefits		-			-			-			-
Surrenders and withdrawals		-			(2	)		(698	)		(12	)
Transfers between Divisions
(including fixed account), net		-			-			-			-
Increase (decrease) in net assets derived from
principal transactions		-			(2	)		(698	)		(12	)
Total increase (decrease) in net assets		(1	)		(4	)		(735	)		(20	)
Net assets at December 31, 2009		379			230			188			230

Increase (decrease) in net assets
Operations:
Net investment income (loss)		1			-			2			2
Total realized gain (loss) on investments
and capital gains distributions		(3	)		(9	)		(5	)		(1	)
Net unrealized appreciation (depreciation)
of investments		4			13			8			6
Net increase (decrease) in net assets from operations		2			4			5			7
Changes from principal transactions:
Premiums		-			-			(7	)		-
Death benefits		-			-			-			-
Surrenders and withdrawals		-			(31	)		(178	)		-
Transfers between Divisions
(including fixed account), net		(6	)		-			(2	)		(1	)
Increase (decrease) in net assets derived from
principal transactions		(6	)		(31	)		(187	)		(1	)
Total increase (decrease) in net assets		(4	)		(27	)		(182	)		6
Net assets at December 31, 2010	$	375		$	203		$	6		$	236

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


											ING BlackRock
											Science and
											Technology
		ING GET U.S.			ING GET U.S.			ING GET U.S.			Opportunities
		Core Portfolio -			Core Portfolio -			Core Portfolio -			Portfolio -
		Series 12			Series 13			Series 14			Class S
Net assets at January 1, 2009	$	56		$	711		$	9,664		$	1,982

Increase (decrease) in net assets
Operations:
Net investment income (loss)		1			8			152			(76	)
Total realized gain (loss) on investments
and capital gains distributions		(1	)		(5	)		(11	)		(96	)
Net unrealized appreciation (depreciation)
of investments		(2	)		(34	)		(459	)		1,459
Net increase (decrease) in net assets from operations		(2	)		(31	)		(318	)		1,287
Changes from principal transactions:
Premiums		-			-			-			561
Death benefits		-			-			-			(4	)
Surrenders and withdrawals		-			(13	)		(434	)		(65	)
Transfers between Divisions
(including fixed account), net		-			(35	)		3			844
Increase (decrease) in net assets derived from
principal transactions		-			(48	)		(431	)		1,336
Total increase (decrease) in net assets		(2	)		(79	)		(749	)		2,623
Net assets at December 31, 2009		54			632			8,915			4,605

Increase (decrease) in net assets
Operations:
Net investment income (loss)		1			1			124			(142	)
Total realized gain (loss) on investments
and capital gains distributions		(1	)		(1	)		(3	)		41
Net unrealized appreciation (depreciation)
of investments		3			26			254			912
Net increase (decrease) in net assets from operations		3			26			375			811
Changes from principal transactions:
Premiums		-			-			(2	)		132
Death benefits		-			-			-			(121	)
Surrenders and withdrawals		-			(11	)		(498	)		(192	)
Transfers between Divisions
(including fixed account), net		(3	)		-			(169	)		2,280
Increase (decrease) in net assets derived from
principal transactions		(3	)		(11	)		(669	)		2,099
Total increase (decrease) in net assets		-			15			(294	)		2,910
Net assets at December 31, 2010	$	54		$	647		$	8,621		$	7,515

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


ING Euro
		STOXX 50		ING FTSE 100				ING Hang Seng			ING Index Plus
		Index		Index				Index			LargeCap
		Portfolio -		Portfolio -				Portfolio -			Portfolio -
		Class A		Class A				Class S			Class S
Net assets at January 1, 2009	$	-		$	-		$	-		$	3,275

Increase (decrease) in net assets
Operations:
Net investment income (loss)		-			-			(7	)		16
Total realized gain (loss) on investments
and capital gains distributions		-			-			12			(163	)
Net unrealized appreciation (depreciation)
of investments		-			-			85			782
Net increase (decrease) in net assets from operations		-			-			90			635
Changes from principal transactions:
Premiums		13			-			79			79
Death benefits		-			-			-			(6	)
Surrenders and withdrawals		-			-			(1	)		(89	)
Transfers between Divisions
(including fixed account), net		40			-			1,495			(209	)
Increase (decrease) in net assets derived from
principal transactions		53			-			1,573			(225	)
Total increase (decrease) in net assets		53			-			1,663			410
Net assets at December 31, 2009		53			-			1,663			3,685

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(1	)		-			(49	)		(19	)
Total realized gain (loss) on investments
and capital gains distributions		(6	)		-			12			(47	)
Net unrealized appreciation (depreciation)
of investments		-			-			131			466
Net increase (decrease) in net assets from operations		(7	)		-			94			400
Changes from principal transactions:
Premiums		19			(4	)		47			-
Death benefits		(15	)		-			-			-
Surrenders and withdrawals		-			(3	)		(17	)		(100	)
Transfers between Divisions
(including fixed account), net		35			7			898			(26	)
Increase (decrease) in net assets derived from
principal transactions		39			-			928			(126	)
Total increase (decrease) in net assets		32			-			1,022			274
Net assets at December 31, 2010	$	85		$	-		$	2,685		$	3,959

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


								ING
		ING Index Plus			ING Index Plus			International			ING Japan
		MidCap			SmallCap			Index			TOPIX Index®
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Class S			Class S			Class S			Class A
Net assets at January 1, 2009	$	4,941		$	4,383		$	580		$	-

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(57	)		(45	)		(37	)		-
Total realized gain (loss) on investments
and capital gains distributions		(403	)		(318	)		(62	)		(1	)
Net unrealized appreciation (depreciation)
of investments		1,844			1,265			510			-
Net increase (decrease) in net assets from operations		1,384			902			411			(1	)
Changes from principal transactions:
Premiums		274			99			459			-
Death benefits		(12	)		(39	)		(17	)		-
Surrenders and withdrawals		(205	)		(151	)		(10	)		-
Transfers between Divisions
(including fixed account), net		(227	)		(95	)		2,415			1
Increase (decrease) in net assets derived from
principal transactions		(170	)		(186	)		2,847			1
Total increase (decrease) in net assets		1,214			716			3,258			-
Net assets at December 31, 2009		6,155			5,099			3,838			-

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(96	)		(100	)		54			-
Total realized gain (loss) on investments
and capital gains distributions		(236	)		(154	)		(40	)		(1	)
Net unrealized appreciation (depreciation)
of investments		1,446			1,218			207			1
Net increase (decrease) in net assets from operations		1,114			964			221			-
Changes from principal transactions:
Premiums		105			1			19			4
Death benefits		(43	)		(20	)		(4	)		-
Surrenders and withdrawals		(366	)		(165	)		(53	)		(1	)
Transfers between Divisions
(including fixed account), net		(157	)		(145	)		148			17
Increase (decrease) in net assets derived from
principal transactions		(461	)		(329	)		110			20
Total increase (decrease) in net assets		653			635			331			20
Net assets at December 31, 2010	$	6,808		$	5,734		$	4,169		$	20

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


	ING				ING Russell™			ING Russell™			ING Russell™
	Opportunistic				Global Large			Large Cap			Large Cap
	Large Cap				Cap Index 75%			Growth Index			Index
	Portfolio -				Portfolio -			Portfolio -			Portfolio -
	Class S				Class S			Class S			Class S
Net assets at January 1, 2009	$	114		$	-		$	-		$	574

Increase (decrease) in net assets
Operations:
Net investment income (loss)		1			5			(10	)		(73	)
Total realized gain (loss) on investments
and capital gains distributions		(12	)		-			23			(146	)
Net unrealized appreciation (depreciation)
of investments		27			19			148			1,247
Net increase (decrease) in net assets from operations		16			24			161			1,028
Changes from principal transactions:
Premiums		-			322			192			979
Death benefits		(1	)		-			-			-
Surrenders and withdrawals		-			-			(13	)		(72	)
Transfers between Divisions
(including fixed account), net		12			40			788			4,432
Increase (decrease) in net assets derived from
principal transactions		11			362			967			5,339
Total increase (decrease) in net assets		27			386			1,128			6,367
Net assets at December 31, 2009		141			386			1,128			6,941

Increase (decrease) in net assets
Operations:
Net investment income (loss)		1			(1	)		(20	)		83
Total realized gain (loss) on investments
and capital gains distributions		(46	)		38			40			218
Net unrealized appreciation (depreciation)
of investments		34			(19	)		98			337
Net increase (decrease) in net assets from operations		(11	)		18			118			638
Changes from principal transactions:
Premiums		-			7			138			121
Death benefits		-			-			-			(68	)
Surrenders and withdrawals		(1	)		(1	)		(70	)		(275	)
Transfers between Divisions
(including fixed account), net		(129	)		(410	)		7			(134	)
Increase (decrease) in net assets derived from
principal transactions		(130	)		(404	)		75			(356	)
Total increase (decrease) in net assets		(141	)		(386	)		193			282
Net assets at December 31, 2010	$	-		$	-		$	1,321		$	7,223

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		ING Russell™			ING Russell™						ING Russell™
		Large Cap			Mid Cap			ING Russell™			Small Cap
		Value Index			Growth Index			Mid Cap Index			Index
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Class S			Class S			Class S			Class S
Net assets at January 1, 2009	$	-		$	-		$	507		$	834

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(16	)		(34	)		(25	)		(28	)
Total realized gain (loss) on investments
and capital gains distributions		42			25			(97	)		(127	)
Net unrealized appreciation (depreciation)
of investments		194			426			596			473
Net increase (decrease) in net assets from operations		220			417			474			318
Changes from principal transactions:
Premiums		142			117			376			451
Death benefits		-			(5	)		(5	)		(6	)
Surrenders and withdrawals		(53	)		(37	)		(3	)		(28	)
Transfers between Divisions
(including fixed account), net		1,122			3,251			505			339
Increase (decrease) in net assets derived from
principal transactions		1,211			3,326			873			756
Total increase (decrease) in net assets		1,431			3,743			1,347			1,074
Net assets at December 31, 2009		1,431			3,743			1,854			1,908

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(11	)		(80	)		(36	)		(39	)
Total realized gain (loss) on investments
and capital gains distributions		178			110			59			(41	)
Net unrealized appreciation (depreciation)
of investments		(31	)		833			441			537
Net increase (decrease) in net assets from operations		136			863			464			457
Changes from principal transactions:
Premiums		155			43			117			90
Death benefits		(39	)		(10	)		(9	)		(52	)
Surrenders and withdrawals		(40	)		(106	)		(54	)		(30	)
Transfers between Divisions
(including fixed account), net		123			14			353			203
Increase (decrease) in net assets derived from
principal transactions		199			(59	)		407			211
Total increase (decrease) in net assets		335			804			871			668
Net assets at December 31, 2010	$	1,766		$	4,547		$	2,725		$	2,576

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


								ING
								WisdomTree^SM
								Global High-			ING
		ING Small			ING U.S. Bond			Yielding Equity			International
		Company			Index			Index			Value
		Portfolio -			Portfolio -			Portfolio -			Portfolio -
		Class S			Class S			Class S			Class S
Net assets at January 1, 2009	$	1,169		$	2,336		$	3,600		$	637

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(27	)		(6	)		(125	)		(3	)
Total realized gain (loss) on investments
and capital gains distributions		(113	)		79			(1,822	)		(64	)
Net unrealized appreciation (depreciation)
of investments		653			95			2,857			266
Net increase (decrease) in net assets from operations		513			168			910			199
Changes from principal transactions:
Premiums		741			1,529			424			173
Death benefits		(12	)		(2	)		(136	)		-
Surrenders and withdrawals		(63	)		(48	)		(164	)		(1	)
Transfers between Divisions
(including fixed account), net		753			1,560			1,627			(4	)
Increase (decrease) in net assets derived from
principal transactions		1,419			3,039			1,751			168
Total increase (decrease) in net assets		1,932			3,207			2,661			367
Net assets at December 31, 2009		3,101			5,543			6,261			1,004

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(41	)		7			61			-
Total realized gain (loss) on investments
and capital gains distributions		58			116			244			(51	)
Net unrealized appreciation (depreciation)
of investments		517			80			(273	)		54
Net increase (decrease) in net assets from operations		534			203			32			3
Changes from principal transactions:
Premiums		178			289			99			5
Death benefits		(3	)		(1	)		(4	)		-
Surrenders and withdrawals		(22	)		(128	)		(206	)		(29	)
Transfers between Divisions
(including fixed account), net		(540	)		(176	)		(1,464	)		(17	)
Increase (decrease) in net assets derived from
principal transactions		(387	)		(16	)		(1,575	)		(41	)
Total increase (decrease) in net assets		147			187			(1,543	)		(38	)
Net assets at December 31, 2010	$	3,248		$	5,730		$	4,718		$	966

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


											Legg Mason
											ClearBridge
		ING MidCap			ING SmallCap						Variable Large
		Opportunities			Opportunities			Invesco V.I.			Cap Value
		Portfolio -			Portfolio -			Leisure Fund -			Portfolio -
		Class S			Class S			Series I Shares			Class I
Net assets at January 1, 2009	$	3,061		$	631		$	135		$	278

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(64	)		(14	)		(1	)		1
Total realized gain (loss) on investments
and capital gains distributions		(293	)		(89	)		(6	)		(21	)
Net unrealized appreciation (depreciation)
of investments		1,523			259			47			78
Net increase (decrease) in net assets from operations		1,166			156			40			58
Changes from principal transactions:
Premiums		400			37			-			-
Death benefits		(44	)		(4	)		-			(8	)
Surrenders and withdrawals		(201	)		(2	)		(1	)		(20	)
Transfers between Divisions
(including fixed account), net		(339	)		(97	)		(1	)		1
Increase (decrease) in net assets derived from
principal transactions		(184	)		(66	)		(2	)		(27	)
Total increase (decrease) in net assets		982			90			38			31
Net assets at December 31, 2009		4,043			721			173			309

Increase (decrease) in net assets
Operations:
Net investment income (loss)		(68	)		(15	)		(3	)		5
Total realized gain (loss) on investments
and capital gains distributions		(4	)		(5	)		(30	)		(9	)
Net unrealized appreciation (depreciation)
of investments		1,236			225			60			27
Net increase (decrease) in net assets from operations		1,164			205			27			23
Changes from principal transactions:
Premiums		43			-			-			-
Death benefits		(79	)		(6	)		-			-
Surrenders and withdrawals		(164	)		(6	)		(16	)		(16	)
Transfers between Divisions
(including fixed account), net		465			(51	)		(17	)		2
Increase (decrease) in net assets derived from
principal transactions		265			(63	)		(33	)		(14	)
Total increase (decrease) in net assets		1,429			142			(6	)		9
Net assets at December 31, 2010	$	5,472		$	863		$	167		$	318

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


Legg Mason
Global Currents
Variable
		International			Legg Mason			Legg Mason			Legg Mason
		All Cap			Variable			Variable			Variable
		Opportunity			Lifestyle			Lifestyle			Lifestyle
		Portfolio			Allocation 50%			Allocation 70%			Allocation 85%
Net assets at January 1, 2009	$	100		$	1,250		$	462		$	224

Increase (decrease) in net assets
Operations:
Net investment income (loss)		-			39			9			1
Total realized gain (loss) on investments
and capital gains distributions		(29	)		(82	)		(38	)		(19	)
Net unrealized appreciation (depreciation)
of investments		55			379			146			81
Net increase (decrease) in net assets from operations		26			336			117			63
Changes from principal transactions:
Premiums		-			2			-			-
Death benefits		(6	)		(241	)		-			-
Surrenders and withdrawals		(2	)		(95	)		(22	)		(25	)
Transfers between Divisions
(including fixed account), net		-			-			(36	)		(1	)
Increase (decrease) in net assets derived from
principal transactions		(8	)		(334	)		(58	)		(26	)
Total increase (decrease) in net assets		18			2			59			37
Net assets at December 31, 2009		118			1,252			521			261

Increase (decrease) in net assets
Operations:
Net investment income (loss)		-			18			3			1
Total realized gain (loss) on investments
and capital gains distributions		(10	)		(3	)		10			(14	)
Net unrealized appreciation (depreciation)
of investments		12			130			53			46
Net increase (decrease) in net assets from operations		2			145			66			33
Changes from principal transactions:
Premiums		-			2			-			-
Death benefits		-			(21	)		(15	)		(6	)
Surrenders and withdrawals		(2	)		(144	)		(21	)		(30	)
Transfers between Divisions
(including fixed account), net		1			-			-			(2	)
Increase (decrease) in net assets derived from
principal transactions		(1	)		(163	)		(36	)		(38	)
Total increase (decrease) in net assets		1			(18	)		30			(5	)
Net assets at December 31, 2010	$	119		$	1,234		$	551		$	256

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


		Legg Mason			Legg Mason			Oppenheimer		PIMCO Real
		Western Asset			Western Asset			Main Street		Return
		Variable High			Variable Money			Small Cap		Portfolio -
		Income			Market			Fund®/VA -		Administrative
		Portfolio			Portfolio			Service Class		Class
Net assets at January 1, 2009	$	116		$	105		$	73		$	142

Increase (decrease) in net assets
Operations:
Net investment income (loss)		16			(1	)		(1	)		2
Total realized gain (loss) on investments
and capital gains distributions		(1	)		-			(4	)		7
Net unrealized appreciation (depreciation)
of investments		52			-			32			16
Net increase (decrease) in net assets from operations		67			(1	)		27			25
Changes from principal transactions:
Premiums		-			-			6			25
Death benefits		-			-			-			-
Surrenders and withdrawals		-			(14	)		(8	)		(3	)
Transfers between Divisions
(including fixed account), net		-			2			-			(2	)
Increase (decrease) in net assets derived from
principal transactions		-			(12	)		(2	)		20
Total increase (decrease) in net assets		67			(13	)		25			45
Net assets at December 31, 2009		183			92			98			187

Increase (decrease) in net assets
Operations:
Net investment income (loss)		16			-			(2	)		-
Total realized gain (loss) on investments
and capital gains distributions		-			-			(1	)		2
Net unrealized appreciation (depreciation)
of investments		11			-			23			11
Net increase (decrease) in net assets from operations		27			-			20			13
Changes from principal transactions:
Premiums		-			-			-			-
Death benefits		-			-			-			-
Surrenders and withdrawals		(1	)		-			-			-
Transfers between Divisions
(including fixed account), net		-			(92	)		(30	)		25
Increase (decrease) in net assets derived from
principal transactions		(1	)		(92	)		(30	)		25
Total increase (decrease) in net assets		26			(92	)		(10	)		38
Net assets at December 31, 2010	$	209		$	-		$	88		$	225

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Statements of Changes in Net Assets
For the years ended December 31, 2010 and 2009
(Dollars in thousands)


Pioneer Equity
		Income VCT									ProFund VP
		Portfolio -		ProFund VP				ProFund VP			Rising Rates
		Class II		Bull				Europe 30			Opportunity
Net assets at January 1, 2009	$	1,279		$	57		$	62		$	181

Increase (decrease) in net assets
Operations:
Net investment income (loss)		21			(1	)		1			(4	)
Total realized gain (loss) on investments
and capital gains distributions		(216	)		(5	)		(7	)		(12	)
Net unrealized appreciation (depreciation)
of investments		396			17			22			68
Net increase (decrease) in net assets from operations		201			11			16			52
Changes from principal transactions:
Premiums		434			-			-			-
Death benefits		(22	)		-			-			(4	)
Surrenders and withdrawals		(3	)		(1	)		(6	)		(2	)
Transfers between Divisions
(including fixed account), net		(363	)		(9	)		(3	)		(11	)
Increase (decrease) in net assets derived from
principal transactions		46			(10	)		(9	)		(17	)
Total increase (decrease) in net assets		247			1			7			35
Net assets at December 31, 2009		1,526			58			69			216

Increase (decrease) in net assets
Operations:
Net investment income (loss)		6			(1	)		-			(4	)
Total realized gain (loss) on investments
and capital gains distributions		(23	)		(7	)		(9	)		(27	)
Net unrealized appreciation (depreciation)
of investments		265			11			8			(7	)
Net increase (decrease) in net assets from operations		248			3			(1	)		(38	)
Changes from principal transactions:
Premiums		4			-			-			-
Death benefits		-			-			-			-
Surrenders and withdrawals		(16	)		(31	)		(7	)		(3	)
Transfers between Divisions
(including fixed account), net		(79	)		(4	)		(10	)		(10	)
Increase (decrease) in net assets derived from
principal transactions		(91	)		(35	)		(17	)		(13	)
Total increase (decrease) in net assets		157			(32	)		(18	)		(51	)
Net assets at December 31, 2010	$	1,683		$	26		$	51		$	165

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

1. Organization

ReliaStar Life Insurance Company of New York Separate Account NY-B (the “Account”)
was established by First Golden American Life Insurance Company of New York (“First
Golden”) to support the operations of variable annuity contracts (“Contracts”). The
Account became a separate account of ReliaStar Life Insurance Company of New York
(“RLNY” or the “Company”) as a result of the merger of First Golden into RLNY
effective April 1, 2002. RLNY is an indirect, wholly owned subsidiary of ING America
Insurance Holdings, Inc. (“ING AIH”), an insurance holding company domiciled in the
State of Delaware. ING AIH is an indirect wholly owned subsidiary of ING Groep, N.V.
(“ING”), a global financial services holding company based in The Netherlands.

As part of a restructuring plan approved by the European Commission (“EC”), ING has
agreed to separate its banking and insurance businesses by 2013. ING intends to achieve
this separation by divestment of its insurance and investment management operations,
including the Company. ING has announced that it will explore all options for
implementing the separation including one or more initial public offerings (“IPOs”), sales
or a combination thereof. On November 10, 2010, ING announced that while the option
of one global IPO remains open, ING and its U.S. insurance affiliates, including the
Company, are going to prepare for a base case of two IPOs: one Europe-led IPO and one
separate U.S. focused IPO.

Operations of the Account commenced on May 19, 1997. The Account is registered as a
unit investment trust with the Securities and Exchange Commission under the Investment
Company Act of 1940, as amended. RLNY provides for variable accumulation and
benefits under the Contracts by crediting annuity considerations to one or more divisions
within the Account or the RLNY fixed separate account, which is not part of the Account,
as directed by the contractowners. The portion of the Account’s assets applicable to
Contracts will not be charged with liabilities arising out of any other business RLNY may
conduct, but obligations of the Account, including the promise to make benefit payments,
are obligations of RLNY. Under applicable insurance law, the assets and liabilities of the
Account are clearly identified and distinguished from the other assets and liabilities of
RLNY.

At December 31, 2010, the Account had, under ING GoldenSelect, ING Empire, ING
Simplicity, ING Architect, and ING Rollover Contracts, 123 investment divisions (the
“Divisions”), 18 of which invest in independently managed mutual funds and 105 of
which invest in mutual fund portfolios managed by an affiliate, either Directed Services
LLC (“DSL”) or ING Investments, LLC (“IIL”). The assets in each Division are invested
in shares of a designated Fund (“Fund”) of various investment trusts (the “Trusts”).

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

Investment Divisions at December 31, 2010 and related Trusts are as follows:


BlackRock Variable Series Funds, Inc.:	ING Investors Trust (continued):
BlackRock Global Allocation V.I. Fund - Class III	ING MFS Total Return Portfolio - Service Class
Columbia Funds Variable Insurance Trust:	ING MFS Utilities Portfolio - Service Class
Columbia Small Cap Value Fund, Variable Series -	ING Morgan Stanley Global Franchise Portfolio -
Class B	Service Class
Fidelity® Variable Insurance Products:	ING Morgan Stanley Global Tactical Asset Allocation
Fidelity® VIP Equity-Income Portfolio - Service	Portfolio - Service Class*
Class 2	ING Oppenheimer Active Allocation Portfolio -
Fidelity® Variable Insurance Products II:	Service Class*
Fidelity® VIP Contrafund® Portfolio - Service	ING PIMCO High Yield Portfolio - Service Class
Class 2	ING PIMCO Total Return Bond Portfolio - Service
Franklin Templeton Variable Insurance Products Trust:	Class
Franklin Small Cap Value Securities Fund - Class 2	ING Pioneer Fund Portfolio - Service Class
ING Balanced Portfolio, Inc.:	ING Pioneer Mid Cap Value Portfolio - Service Class
ING Balanced Portfolio - Class S	ING Retirement Conservative Portfolio - Adviser
ING Intermediate Bond Portfolio:	Class*
ING Intermediate Bond Portfolio - Class S	ING Retirement Growth Portfolio - Adviser Class*
ING Investors Trust:	ING Retirement Moderate Growth Portfolio - Adviser
ING American Funds Asset Allocation Portfolio	Class*
ING American Funds Bond Portfolio	ING Retirement Moderate Portfolio - Adviser Class*
ING American Funds Growth Portfolio	ING T. Rowe Price Capital Appreciation Portfolio -
ING American Funds Growth-Income Portfolio	Service Class
ING American Funds International Portfolio	ING T. Rowe Price Equity Income Portfolio - Service
ING American Funds World Allocation Portfolio -	Class
Service Class*	ING Templeton Global Growth Portfolio - Service
ING Artio Foreign Portfolio - Service Class	Class
ING BlackRock Inflation Protected Bond Portfolio -	ING Van Kampen Growth and Income Portfolio -
Service Class*	Service Class
ING BlackRock Large Cap Growth Portfolio - Service	ING Wells Fargo HealthCare Portfolio - Service Class
Class	ING Partners, Inc.:
ING BlackRock Large Cap Value Portfolio - Service	ING American Century Small-Mid Cap Value
Class	Portfolio - Service Class
ING Clarion Global Real Estate Portfolio - Service	ING Baron Small Cap Growth Portfolio - Service
Class	Class
ING Clarion Real Estate Portfolio - Service Class	ING Columbia Small Cap Value Portfolio - Service
ING DFA World Equity Portfolio - Service Class	Class
ING FMR^SMDiversified Mid Cap Portfolio - Service	ING Davis New York Venture Portfolio - Service
Class	Class
ING Franklin Income Portfolio - Service Class	ING JPMorgan Mid Cap Value Portfolio - Service
ING Franklin Mutual Shares Portfolio - Service Class	Class
ING Franklin Templeton Founding Strategy	ING Legg Mason ClearBridge Aggressive Growth
Portfolio - Service Class	Portfolio - Service Class
ING Global Resources Portfolio - Service Class	ING Oppenheimer Global Portfolio - Initial Class
ING Janus Contrarian Portfolio - Service Class	ING Oppenheimer Global Portfolio - Service Class
ING JPMorgan Emerging Markets Equity Portfolio -	ING Oppenheimer Global Strategic Income Portfolio -
Service Class	Service Class
ING JPMorgan Small Cap Core Equity Portfolio -	ING PIMCO Total Return Portfolio - Service Class
Service Class	ING Solution 2015 Portfolio - Service Class
ING Large Cap Growth Portfolio - Service Class	ING Solution 2025 Portfolio - Service Class
ING Limited Maturity Bond Portfolio - Service Class	ING Solution 2035 Portfolio - Service Class
ING Liquid Assets Portfolio - Service Class	ING Solution 2045 Portfolio - Service Class
ING Lord Abbett Growth and Income Portfolio -	ING Solution Income Portfolio - Service Class
Service Class	ING T. Rowe Price Diversified Mid Cap Growth
ING Marsico Growth Portfolio - Service Class	Portfolio - Service Class
ING Marsico International Opportunities Portfolio -	ING T. Rowe Price Growth Equity Portfolio - Service
Service Class	Class

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements


ING Partners, Inc. (continued):	ING Variable Portfolios, Inc. (continued):
ING Templeton Foreign Equity Portfolio - Service		ING Russell^TMLarge Cap Value Index Portfolio -
Class		Class S*
ING Thornburg Value Portfolio - Initial Class		ING Russell^TMMid Cap Growth Index Portfolio -
ING Thornburg Value Portfolio - Service Class		Class S*
ING UBS U.S. Large Cap Equity Portfolio - Service		ING Russell^TMMid Cap Index Portfolio - Class S
Class		ING Russell^TMSmall Cap Index Portfolio - Class S
ING Van Kampen Comstock Portfolio - Service Class		ING Small Company Portfolio - Class S
ING Van Kampen Equity and Income Portfolio -		ING U.S. Bond Index Portfolio - Class S
Service Class		ING WisdomTree^SMGlobal High-Yielding Equity
ING Strategic Allocation Portfolios, Inc.:		Index Portfolio - Class S
ING Strategic Allocation Conservative Portfolio -	ING Variable Products Trust:
Class S*		ING International Value Portfolio - Class S
ING Strategic Allocation Growth Portfolio - Class S		ING MidCap Opportunities Portfolio - Class S
ING Strategic Allocation Moderate Portfolio - Class S		ING SmallCap Opportunities Portfolio - Class S
ING Variable Funds:	Invesco Variable Insurance Funds:
ING Growth and Income Portfolio - Class I		Invesco V.I. Leisure Fund - Series I Shares
ING Growth and Income Portfolio - Class S	Legg Mason Partners Variable Equity Trust:
ING Variable Insurance Trust:		Legg Mason ClearBridge Variable Large Cap Value
ING GET U.S. Core Portfolio - Series 5		Portfolio - Class I
ING GET U.S. Core Portfolio - Series 6		Legg Mason Global Currents Variable International
ING GET U.S. Core Portfolio - Series 7		All Cap Opportunity Portfolio
ING GET U.S. Core Portfolio - Series 8		Legg Mason Variable Lifestyle Allocation 50%
ING GET U.S. Core Portfolio - Series 9		Legg Mason Variable Lifestyle Allocation 70%
ING GET U.S. Core Portfolio - Series 10		Legg Mason Variable Lifestyle Allocation 85%
ING GET U.S. Core Portfolio - Series 11	Legg Mason Partners Variable Income Trust:
ING GET U.S. Core Portfolio - Series 12		Legg Mason Western Asset Variable High Income
ING GET U.S. Core Portfolio - Series 13		Portfolio
ING GET U.S. Core Portfolio - Series 14	Oppenheimer Variable Account Funds:
ING Variable Portfolios, Inc.:		Oppenheimer Main Street Small Cap Fund®/VA -
ING BlackRock Science and Technology		Service Class
Opportunities Portfolio - Class S	PIMCO Variable Insurance Trust:
ING Euro STOXX 50 Index Portfolio - Class A*	PIMCO Real Return Portfolio - Administrative Class
ING Hang Seng Index Portfolio - Class S*	Pioneer Variable Contracts Trust:
ING Index Plus LargeCap Portfolio - Class S		Pioneer Equity Income VCT Portfolio - Class II
ING Index Plus MidCap Portfolio - Class S	ProFunds:
ING Index Plus SmallCap Portfolio - Class S		ProFund VP Bull
ING International Index Portfolio - Class S		ProFund VP Europe 30
ING Japan TOPIX Index® Portfolio - Class A**		ProFund VP Rising Rates Opportunity
ING Russell^TMLarge Cap Growth Index Portfolio -
Class S*	*	Division was added to the list in 2009
ING Russell^TMLarge Cap Index Portfolio - Class S	**	Division was added to the list in 2010

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

The names of certain Divisions and Trusts were changed during 2010. The following is a
summary of current and former names for those Divisions and Trusts:


Current Name	Former Name
ING Investors Trust:	ING Investors Trust:
ING DFA World Equity Portfolio - Service Class	ING Focus 5 Portfolio - Service Class
ING Large Cap Growth Portfolio - Service Class	ING Evergreen Omega Portfolio - Service Class
ING Lord Abbett Growth and Income Portfolio -	ING Lord Abbett Affiliated Portfolio - Service Class
Service Class
ING Morgan Stanley Global Franchise Portfolio -	ING Van Kampen Global Franchise Portfolio - Service
Service Class	Class
ING Morgan Stanley Global Tactical Asset Allocation	ING Van Kampen Global Tactical Asset Allocation
Portfolio - Service Class	Portfolio - Service Class
ING Wells Fargo HealthCare Portfolio - Service Class	ING Evergreen Health Sciences Portfolio - Service Class
ING Partners, Inc.:	ING Partners, Inc.:
ING Legg Mason ClearBridge Aggressive Growth	ING Legg Mason Partners Aggressive Growth Portfolio -
Portfolio - Service Class	Service Class
ING Oppenheimer Global Strategic Income Portfolio -	ING Oppenheimer Strategic Income Portfolio - Service
Service Class	Class
ING Variable Portfolios, Inc.:	ING Variable Portfolios, Inc.:
ING Euro STOXX 50 Index Portfolio - Class A	ING Dow Jones Euro STOXX 50 Index Portfolio -
	Class A
ING Japan TOPIX Index® Portfolio - Class A	ING Japan Equity Index Portfolio - Class A
Invesco Variable Insurance Funds:	AIM Variable Insurance Funds:
Invesco V.I. Leisure Fund - Series I Shares	AIM V.I. Leisure Fund - Series I Shares
Legg Mason Partners Variable Equity Trust:	Legg Mason Partners Variable Equity Trust:
Legg Mason ClearBridge Variable Large Cap Value	Legg Mason ClearBridge Variable Investors Portfolio
Portfolio - Class I

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

2. Significant Accounting Policies

The following is a summary of the significant accounting policies of the Account:

Use of Estimates

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States requires management to make estimates and
assumptions that affect the amounts reported in the financial statements and
accompanying notes. Actual results could differ from reported results using those
estimates.

Investments

Investments are made in shares of a Division and are recorded at fair value, determined
by the net asset value per share of the respective Division. Investment transactions in each
Division are recorded on the trade date. Distributions of net investment income and
capital gains from each Division are recognized on the ex-distribution date. Realized
gains and losses on redemptions of the shares of the Division are determined on a first-in,
first-out basis. The difference between cost and current market value of investments
owned on the day of measurement is recorded as unrealized appreciation or depreciation
of investments.

Federal Income Taxes

Operations of the Account form a part of, and are taxed with, the total operations of
RLNY, which is taxed as a life insurance company under the Internal Revenue Code.
Earnings and realized capital gains of the Account attributable to the contractowners are
excluded in the determination of the federal income tax liability of RLNY.

Contractowner Reserves

The annuity reserves of the Account are represented by net assets on the Statements of
Assets and Liabilities and are equal to the contractowners’ aggregate account values of
the contractowners invested in the Account Divisions. To the extent that benefits to be
paid to the contractowners exceed their account values, RLNY will contribute additional
funds to the benefit proceeds. Conversely, if amounts allocated exceed amounts required,
transfers may be made to RLNY.

All Contracts in the Account are currently in the accumulation period. Prior to the annuity
date, the Contracts are redeemable for the net cash surrender value of the Contracts.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements


		Changes from Principal Transactions

		Included in Changes from Principal Transactions on the Statements of Changes in Net
		Assets are items which relate to contractowner activity, including deposits, surrenders and
		withdrawals, benefits, and contract charges. Also included are transfers between the
		fixed account and the Divisions, transfers between Divisions, and transfers to (from)
		RLNY related to gains and losses resulting from actual mortality experience (the full
		responsibility for which is assumed by RLNY). Any net unsettled transactions as of the
		reporting date are included in Payable to related parties on the Statements of Assets and
		Liabilities.

		Subsequent Events

		The Account has evaluated subsequent events for recognition and disclosure through the
		date the financial statements as of December 31, 2010 and for the years ended
		December 31, 2010 and 2009, were issued.


3	.	Recently Adopted Accounting Standards

		Improving Disclosures about Fair Value Measurements

		In January 2010, the Financial Accounting Standards Board (“FASB”) issued Accounting
		Standards Update (“ASU”) 2010-06, “Fair Value Measurements and Disclosure (Topic
		820): Improving Disclosures about Fair Value Measurements,” (“ASU 2010-06”), which
		requires several new disclosures, as well as clarification to existing disclosures, as
		follows:

		§	Significant transfers in and out of Level 1 and Level 2 fair value measurements and
			the reason for the transfers;
		§	Purchases, sales, issuances, and settlement, in the Level 3 fair value measurements
			reconciliation on a gross basis;
		§	Fair value measurement disclosures for each class of assets and liabilities (i.e.,
			disaggregated); and
		§	Valuation techniques and inputs for both recurring and nonrecurring fair value
			measurements that fall in either Level 2 or Level 3 fair value measurements.

		The provisions of ASU 2010-06 were adopted by the Account on January 1, 2010, except
		for the disclosures related to the Level 3 reconciliation, which are effective for fiscal
		years beginning after December 15, 2010, and for interim periods within those fiscal
		years. The Account determined, however, that there was no effect on the Account’s
		disclosures, as the guidance is consistent with that previously applied by the Account
		under FASB Accounting Standards Codification^TM(“ASC”) Topic 820, “Fair Value
		Measurements and Disclosures” (“ASC Topic 820”). As the pronouncement only pertains

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements


to additional disclosure, the adoption had no effect on the Account’s net assets and results
of operations.

Subsequent Events

In May 2009, the FASB issued new guidance on subsequent events, included in ASC
Topic 855, “Subsequent Events,” which establishes:

§	The period after the balance sheet date during which an entity should evaluate
	events or transactions for potential recognition or disclosure in the financial
	statements;
§	The circumstances under which an entity should recognize such events or
	transactions in its financial statements; and
§	Disclosures regarding such events or transactions and the date through which an
	entity has evaluated subsequent events.

These provisions, as included in ASC Topic 855, were adopted by the Account on
June 30, 2009. In addition, in February 2010, the FASB issued ASU 2010-09,
“Subsequent Events (Topic 855): Amendments to Certain Recognition and Disclosure
Requirements,” which clarifies that an SEC filer should evaluate subsequent events
through the date the financial statements are issued and eliminates the requirement for an
SEC filer to disclose that date, effective upon issuance. The Account determined that
there was no effect on the Account’s net assets and results of operations upon adoption,
as the guidance is consistent with that previously applied by the Account under US
auditing standards. The disclosure provisions included in ASC Topic 855, as amended,
are presented in the Significant Accounting Policies footnote.

Determining Fair Value When the Volume and Level of Activity for the Asset or Liability
Have Significantly Decreased and Identifying Transactions That Are Not Orderly

In April 2009, the FASB issued new guidance on determining fair value when the volume
and level of activity for the asset or liability have significantly decreased and identifying
transactions that are not orderly, included in ASC Topic 820, “Fair Value Measurements
and Disclosures,” which confirms that fair value is the price that would be received to sell
an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date under current market conditions. In addition, this guidance, as
included in ASC Topic 820:

§	Clarifies factors for determining whether there has been a significant decrease in
	market activity for an asset or liability;
§	Requires an entity to determine whether a transaction is not orderly based on the
	weight of the evidence; and
§	Requires an entity to disclose in interim and annual periods the input and valuation
	technique used to measure fair value and any change in valuation technique.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

These provisions, as included in ASC Topic 820, were adopted by the Account on
April 1, 2009. The Account determined, however, that there was no effect on the
Account’s net assets and results of operations upon adoption, as its guidance is consistent
with that previously applied by the Account under US GAAP.


4	.	Financial Instruments

		The Account invests assets in shares of open-end mutual funds, which process orders to
		purchase and redeem shares on a daily basis at the fund's next computed net asset values
		(“NAV”). The fair value of the Account’s assets is based on the NAVs of mutual funds,
		which are obtained from the custodian and reflect the fair values of the mutual fund
		investments. The NAV is calculated daily upon close of the New York Stock Exchange
		and is based on the fair values of the underlying securities.

		The Account’s financial assets are recorded at fair value on the Statements of Assets and
		Liabilities and are categorized as Level 1 as of December 31, 2010 and 2009,
		respectively, based on the priority of the inputs to the valuation technique below. The
		Account had no financial liabilities as of December 31, 2010.

		The ASC Topic 820 fair value hierarchy gives the highest priority to quoted prices in
		active markets for identical assets or liabilities (Level 1) and the lowest priority to
		unobservable inputs (Level 3). If the inputs used to measure fair value fall within
		different levels of the hierarchy, the category level is based on the lowest priority level
		input that is significant to the fair value measurement of the instrument.

		§	Level 1 - Unadjusted quoted prices for identical assets or liabilities in an active
			market.
		§	Level 2 - Quoted prices in markets that are not active or inputs that are observable
			either directly or indirectly for substantially the full term of the asset or liability.
			Level 2 inputs include the following:
			a)	Quoted prices for similar assets or liabilities in active markets;
			b)	Quoted prices for identical or similar assets or liabilities in non-active
				markets;
			c)	Inputs other than quoted market prices that are observable; and
			d)	Inputs that are derived principally from or corroborated by observable market
				data through correlation or other means.
		§	Level 3 - Prices or valuation techniques that require inputs that are both
			unobservable and significant to the overall fair value measurement. These
			valuations, whether derived internally or obtained from a third party, use critical
			assumptions that are not widely available to estimate market participant
			expectations in valuing the asset or liability.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

5. Charges and Fees

Under the terms of the Contracts, certain charges are allocated to the Contracts to cover
RLNY’s expenses in connection with the issuance and administration of the Contracts.
Following is a summary of these charges:

Mortality and Expense Risk Charges

RLNY assumes mortality and expense risks related to the operations of the Account and,
in accordance with the terms of the Contracts, deducts a daily charge from the assets of
the Account. Daily charges are deducted at annual rates of up to 1.85% of the average
daily net asset value of each Division of the Account to cover these risks, as specified in
the Contracts.

Asset Based Administrative Charges

A daily charge to cover administrative expenses of the Account is deducted at an annual
rate of 0.15% of assets attributable to the Contracts.

Contract Maintenance Charges

An annual Contract maintenance fee of $30 may be deducted from the accumulation
value of Contracts to cover ongoing administrative expenses, as specified in the
Contracts.

Contingent Deferred Sales Charges

A contingent deferred sales charge (“Surrender Charge”) is imposed as a percentage of
each premium payment if the Contract is surrendered or an excess partial withdrawal is
taken during the seven-year period from the date a premium payment is received, as
specified in the Contracts. The following table reflects the Surrender Charge that is
assessed based upon the date a premium payment is received.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

Transfer Charges

A transfer charge of up to $25 may be imposed on each transfer between Divisions in
excess of twelve in any one calendar year.

Premium Taxes

For certain Contracts, premium taxes are deducted, where applicable, from the
accumulation value of each Contract. The amount and timing of the deduction depends
on the contractowner’s state of residence and currently ranges up to 4.0% of premiums.

Other Contract Charges

For certain Contracts, an additional annual charge of 0.50% is deducted daily from the
accumulation value for amounts invested in the ING GET U.S. Core Portfolio Funds. In
addition, an annual charge of up to 0.60% is deducted daily from the accumulation value
for contractowners who select the Optional Asset-Backed Premium Credit feature.

6. Related Party Transactions

During the year ended December 31, 2010, management fees were paid indirectly to IIL,
an affiliate of the Company, in its capacity as investment adviser to the ING Balanced
Portfolio, Inc., ING Intermediate Bond Portfolio, ING Strategic Allocation Portfolios,
Inc., ING Variable Funds, ING Variable Insurance Trust, ING Variable Portfolios, Inc.,
and ING Variable Products Trust. The annual fee rate ranged from 0.08% to 0.95% of
the average net assets of each respective Fund of the Trust.

Management fees were also paid indirectly to DSL, an affiliate of the Company, in its
capacity as investment adviser to ING Investors Trust and ING Partners, Inc. The Trusts’
advisory agreement provided for a fee at an annual rate that ranged up to 1.25% of the
average net assets of each respective Fund.

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

7. Purchases and Sales of Investment Securities

The aggregate cost of purchases and proceeds from sales of investments follow:


				Year ended December 31
		2010				2009
		Purchases		Sales		Purchases		Sales
				(Dollars in thousands)
BlackRock Variable Series Funds, Inc.:
BlackRock Global Allocation V.I. Fund - Class III	$	3,534	$	1,383	$	8,292	$	1,814
Columbia Funds Variable Insurance Trust:
Columbia Small Cap Value Fund, Variable Series - Class B		17		152		25		78
Fidelity® Variable Insurance Products:
Fidelity® VIP Equity-Income Portfolio - Service Class 2		397		637		804		510
Fidelity® Variable Insurance Products II:
Fidelity® VIP Contrafund® Portfolio - Service Class 2		626		2,521		2,607		2,970
Franklin Templeton Variable Insurance Products Trust:
Franklin Small Cap Value Securities Fund - Class 2		20		98		523		201
ING Balanced Portfolio, Inc.:
ING Balanced Portfolio - Class S		7		54		65		13
ING Intermediate Bond Portfolio:
ING Intermediate Bond Portfolio - Class S		7,910		6,797		6,197		2,779
ING Investors Trust:
ING American Funds Asset Allocation Portfolio		954		301		4,990		319
ING American Funds Bond Portfolio		5,109		4,420		10,500		5,622
ING American Funds Growth Portfolio		1,556		4,872		10,675		3,494
ING American Funds Growth-Income Portfolio		1,657		2,809		5,551		2,082
ING American Funds International Portfolio		2,616		2,935		9,666		3,002
ING American Funds World Allocation Portfolio - Service Class		575		370		1,351		412
ING Artio Foreign Portfolio - Service Class		464		1,425		1,292		2,726
ING BlackRock Inflation Protected Bond Portfolio - Service Class		5,405		4,048		7,324		68
ING BlackRock Large Cap Growth Portfolio - Service Class		570		474		853		258
ING BlackRock Large Cap Value Portfolio - Service Class		10		77		19		23
ING Clarion Global Real Estate Portfolio - Service Class		585		641		1,245		993
ING Clarion Real Estate Portfolio - Service Class		157		441		384		492
ING DFA World Equity Portfolio - Service Class		536		307		208		287
ING FMR^SMDiversified Mid Cap Portfolio - Service Class		1,296		1,880		1,241		1,735
ING Franklin Income Portfolio - Service Class		2,680		6,506		9,166		1,437
ING Franklin Mutual Shares Portfolio - Service Class		708		562		677		646
ING Franklin Templeton Founding Strategy Portfolio - Service Class		945		676		1,862		758
ING Global Resources Portfolio - Service Class		263		1,843		2,462		2,142
ING Janus Contrarian Portfolio - Service Class		121		1,425		594		1,227
ING JPMorgan Emerging Markets Equity Portfolio - Service Class		1,482		1,622		2,312		2,916
ING JPMorgan Small Cap Core Equity Portfolio - Service Class		592		723		592		1,022
ING Large Cap Growth Portfolio - Service Class		673		298		1,300		138
ING Limited Maturity Bond Portfolio - Service Class		14		100		31		93
ING Liquid Assets Portfolio - Service Class		7,271		22,658		24,910		30,937
ING Lord Abbett Growth and Income Portfolio - Service Class		2		63		7		9
ING Marsico Growth Portfolio - Service Class		1,422		760		725		1,077

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements


				Year ended December 31
		2010				2009
		Purchases		Sales		Purchases		Sales
				(Dollars in thousands)
ING Investors Trust (continued):
ING Marsico International Opportunities Portfolio - Service Class	$	226	$	937	$	603	$	1,100
ING MFS Total Return Portfolio - Service Class		583		1,454		1,991		905
ING MFS Utilities Portfolio - Service Class		2,467		2,516		2,937		764
ING Morgan Stanley Global Franchise Portfolio - Service Class		2,844		3,183		2,090		987
ING Morgan Stanley Global Tactical Asset Allocation Portfolio -
Service Class		424		855		3,035		2,597
ING Oppenheimer Active Allocation Portfolio - Service Class		170		63		417		45
ING PIMCO High Yield Portfolio - Service Class		7,832		961		528		1,197
ING PIMCO Total Return Bond Portfolio - Service Class		14,143		7,447		25,883		8,237
ING Pioneer Fund Portfolio - Service Class		75		11		57		59
ING Pioneer Mid Cap Value Portfolio - Service Class		291		1,477		2,046		1,033
ING Retirement Conservative Portfolio - Adviser Class		3,219		1,526		5,295		41
ING Retirement Growth Portfolio - Adviser Class		3,571		9,822		103,995		1,304
ING Retirement Moderate Growth Portfolio - Adviser Class		2,159		7,243		86,128		1,547
ING Retirement Moderate Portfolio - Adviser Class		3,307		4,182		48,586		466
ING T. Rowe Price Capital Appreciation Portfolio - Service Class		3,184		1,661		4,245		2,071
ING T. Rowe Price Equity Income Portfolio - Service Class		1,993		2,296		2,331		2,063
ING Templeton Global Growth Portfolio - Service Class		384		498		403		1,001
ING Van Kampen Growth and Income Portfolio - Service Class		1,195		1,292		571		341
ING Wells Fargo HealthCare Portfolio - Service Class		1,482		1,711		1,217		1,398
ING Wells Fargo Small Cap Disciplined Portfolio - Service Class		40		484		205		31
ING Partners, Inc.:
ING American Century Small-Mid Cap Value Portfolio - Service Class		102		39		306		28
ING Baron Small Cap Growth Portfolio - Service Class		1,518		1,058		2,336		780
ING Columbia Small Cap Value Portfolio - Service Class		71		491		557		491
ING Davis New York Venture Portfolio - Service Class		464		1,029		1,200		1,666
ING JPMorgan Mid Cap Value Portfolio - Service Class		656		556		1,119		138
ING Legg Mason ClearBridge Aggressive Growth Portfolio - Service
Class		23		143		9		268
ING Oppenheimer Global Portfolio - Initial Class		3		15		25		61
ING Oppenheimer Global Portfolio - Service Class		345		1,140		562		1,190
ING Oppenheimer Global Strategic Income Portfolio - Service Class		4		2		9		2
ING PIMCO Total Return Portfolio - Service Class		8		26		117		8
ING Solution 2015 Portfolio - Service Class		21		11		132		2
ING Solution 2025 Portfolio - Service Class		17		183		249		21
ING Solution 2035 Portfolio - Service Class		1		2		20		2
ING Solution 2045 Portfolio - Service Class		-		-		-		-
ING Solution Income Portfolio - Service Class		17		9		68		43
ING T. Rowe Price Diversified Mid Cap Growth Portfolio - Service
Class		228		116		617		90
ING T. Rowe Price Growth Equity Portfolio - Service Class		1,277		1,249		1,906		243
ING Templeton Foreign Equity Portfolio - Service Class		1,571		1,216		1,139		823
ING Thornburg Value Portfolio - Initial Class		-		-		-		-

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements


			Year ended December 31
		2010				2009
		Purchases		Sales		Purchases		Sales
			(Dollars in thousands)
ING Partners, Inc. (continued):
ING Thornburg Value Portfolio - Service Class	$	40	$	8	$	102	$	38
ING UBS U.S. Large Cap Equity Portfolio - Service Class		6		54		13		78
ING Van Kampen Comstock Portfolio - Service Class		1,315		2,341		1,372		506
ING Van Kampen Equity and Income Portfolio - Service Class		1,304		189		597		202
ING Strategic Allocation Portfolios, Inc.:
ING Strategic Allocation Conservative Portfolio - Class S		-		-		-		-
ING Strategic Allocation Growth Portfolio - Class S		5		9		45		3
ING Strategic Allocation Moderate Portfolio - Class S		1		1		4		-
ING Variable Funds:
ING Growth and Income Portfolio - Class I		14		71		17		157
ING Growth and Income Portfolio - Class S		638		374		3,315		328
ING Variable Insurance Trust:
ING GET U.S. Core Portfolio - Series 5		39		490		106		658
ING GET U.S. Core Portfolio - Series 6		23		250		28		252
ING GET U.S. Core Portfolio - Series 7		49		246		59		268
ING GET U.S. Core Portfolio - Series 8		9		13		8		9
ING GET U.S. Core Portfolio - Series 9		5		36		5		7
ING GET U.S. Core Portfolio - Series 10		5		191		24		735
ING GET U.S. Core Portfolio - Series 11		6		5		9		17
ING GET U.S. Core Portfolio - Series 12		2		3		2		2
ING GET U.S. Core Portfolio - Series 13		16		26		24		64
ING GET U.S. Core Portfolio - Series 14		346		891		435		714
ING Variable Portfolios, Inc.:
ING BlackRock Science and Technology Opportunities Portfolio -
Class S		4,160		2,204		1,715		455
ING Euro STOXX 50 Index Portfolio - Class A		100		62		74		20
ING FTSE 100 Index Portfolio - Class A		19		19		-		-
ING Hang Seng Index Portfolio - Class S		1,105		227		1,667		101
ING Index Plus LargeCap Portfolio - Class S		71		216		205		414
ING Index Plus MidCap Portfolio - Class S		160		717		375		603
ING Index Plus SmallCap Portfolio - Class S		31		459		215		447
ING International Index Portfolio - Class S		376		212		2,993		184
ING Japan TOPIX Index® Portfolio - Class A		72		52		20		19
ING Opportunistic Large Cap Portfolio - Class S		5		134		35		22
ING Russell™ Global Large Cap Index 75% Portfolio - Class S		116		480		368		2
ING Russell™ Large Cap Growth Index Portfolio - Class S		306		251		1,118		162
ING Russell™ Large Cap Index Portfolio - Class S		697		970		5,783		516
ING Russell™ Large Cap Value Index Portfolio - Class S		562		212		1,474		280
ING Russell™ Mid Cap Growth Index Portfolio - Class S		284		386		3,526		235
ING Russell™ Mid Cap Index Portfolio - Class S		765		395		1,071		222
ING Russell™ Small Cap Index Portfolio - Class S		596		424		974		245
ING Small Company Portfolio - Class S		769		1,197		1,747		356
ING U.S. Bond Index Portfolio - Class S		1,479		1,488		4,173		1,098
ING WisdomTree^SMGlobal High-Yielding Equity Index Portfolio -
Class S		538		2,052		3,610		1,984

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements


			Year ended December 31
		2010				2009
		Purchases		Sales		Purchases		Sales
			(Dollars in thousands)
ING Variable Products Trust:
ING International Value Portfolio - Class S	$	45	$	87	$	248	$	83
ING MidCap Opportunities Portfolio - Class S		828		631		495		744
ING SmallCap Opportunities Portfolio - Class S		4		82		101		181
Invesco Variable Insurance Funds:
Invesco V.I. Leisure Fund - Series I Shares		1		37		3		6
Legg Mason Partners Variable Equity Trust:
Legg Mason ClearBridge Variable Large Cap Value Portfolio - Class I		10		21		6		32
Legg Mason Global Currents Variable International All Cap
Opportunity Portfolio		2		4		1		10
Legg Mason Variable Lifestyle Allocation 50%		37		181		58		353
Legg Mason Variable Lifestyle Allocation 70%		11		44		16		66
Legg Mason Variable Lifestyle Allocation 85%		5		42		5		30
Legg Mason Partners Variable Income Trust:
Legg Mason Western Asset Variable High Income Portfolio		20		4		18		2
Legg Mason Western Asset Variable Money Market Portfolio		-		92		2		15
Oppenheimer Variable Account Funds:
Oppenheimer Main Street Small Cap Fund®/VA - Service Class		2		35		6		9
PIMCO Variable Insurance Trust:
PIMCO Real Return Portfolio - Administrative Class		30		4		45		16
Pioneer Variable Contracts Trust:
Pioneer Equity Income VCT Portfolio - Class II		39		124		500		433
ProFunds:
ProFund VP Bull		-		36		1		11
ProFund VP Europe 30		2		18		2		10
ProFund VP Rising Rates Opportunity		17		35		7		28

RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements

8. Changes in Units

The net changes in units outstanding follow:


			Year ended December 31
		2010				2009
	Units	Units	Net Increase		Units	Units	Net Increase
	Issued	Redeemed	(Decrease)		Issued	Redeemed	(Decrease)
BlackRock Variable Series Funds, Inc.:
BlackRock Global Allocation V.I. Fund - Class III	409,485	189,389	220,096		1,095,768	313,375	782,393
Columbia Funds Variable Insurance Trust:
Columbia Small Cap Value Fund, Variable Series - Class B	691	10,961	(10,270	)	4,514	9,334	(4,820	)
Fidelity® Variable Insurance Products:
Fidelity® VIP Equity-Income Portfolio - Service Class 2	50,691	71,027	(20,336	)	132,536	72,298	60,238
Fidelity® Variable Insurance Products II:
Fidelity® VIP Contrafund® Portfolio - Service Class 2	64,976	201,179	(136,203	)	507,095	425,281	81,814
Franklin Templeton Variable Insurance Products Trust:
Franklin Small Cap Value Securities Fund - Class 2	1,384	9,985	(8,601	)	77,726	26,899	50,827
ING Balanced Portfolio, Inc.:
ING Balanced Portfolio - Class S	2,077	7,620	(5,543	)	8,079	1,781	6,298
ING Intermediate Bond Portfolio:
ING Intermediate Bond Portfolio - Class S	753,222	715,748	37,474		869,220	615,601	253,619
ING Investors Trust:
ING American Funds Asset Allocation Portfolio	109,170	35,759	73,411		644,751	27,237	617,514
ING American Funds Bond Portfolio	566,387	512,597	53,790		1,503,800	971,714	532,086
ING American Funds Growth Portfolio	285,707	486,927	(201,220	)	967,278	748,472	218,806
ING American Funds Growth-Income Portfolio	270,550	358,920	(88,370	)	601,373	413,227	188,146
ING American Funds International Portfolio	254,170	269,004	(14,834	)	691,662	489,255	202,407
ING American Funds World Allocation Portfolio - Service Class	33,045	20,265	12,780		113,884	31,450	82,434
ING Artio Foreign Portfolio - Service Class	57,591	118,433	(60,842	)	157,590	327,908	(170,318	)
ING BlackRock Inflation Protected Bond Portfolio - Service Class	538,022	428,698	109,324		758,100	55,490	702,610
ING BlackRock Large Cap Growth Portfolio - Service Class	62,914	49,079	13,835		114,693	40,218	74,475
ING BlackRock Large Cap Value Portfolio - Service Class	1,752	9,145	(7,393	)	2,437	2,266	171
ING Clarion Global Real Estate Portfolio - Service Class	17,474	70,701	(53,227	)	259,703	199,403	60,300
ING Clarion Real Estate Portfolio - Service Class	4,792	30,755	(25,963	)	37,551	62,497	(24,946	)
ING DFA World Equity Portfolio - Service Class	78,431	49,068	29,363		45,846	51,854	(6,008	)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



			Year ended December 31
		2010				2009
	Units	Units	Net Increase		Units	Units	Net Increase
	Issued	Redeemed	(Decrease)		Issued	Redeemed	(Decrease)
ING Investors Trust (continued):
ING FMR^SMDiversified Mid Cap Portfolio - Service Class	120,296	145,357	(25,061	)	180,454	236,970	(56,516	)
ING Franklin Income Portfolio - Service Class	316,498	751,048	(434,550	)	1,110,424	261,994	848,430
ING Franklin Mutual Shares Portfolio - Service Class	87,484	63,119	24,365		124,047	111,556	12,491
ING Franklin Templeton Founding Strategy Portfolio - Service Class	102,433	87,680	14,753		253,228	124,216	129,012
ING Global Resources Portfolio - Service Class	32,597	122,305	(89,708	)	297,999	235,164	62,835
ING Janus Contrarian Portfolio - Service Class	15,363	104,905	(89,542	)	124,129	167,095	(42,966	)
ING JPMorgan Emerging Markets Equity Portfolio - Service Class	65,649	100,127	(34,478	)	322,231	294,325	27,906
ING JPMorgan Small Cap Core Equity Portfolio - Service Class	52,951	56,391	(3,440	)	62,962	127,847	(64,885	)
ING Large Cap Growth Portfolio - Service Class	59,974	29,657	30,317		137,838	25,054	112,784
ING Limited Maturity Bond Portfolio - Service Class	-	4,064	(4,064	)	317	3,924	(3,607	)
ING Liquid Assets Portfolio - Service Class	1,467,394	2,703,732	(1,236,338	)	4,004,704	4,524,485	(519,781	)
ING Lord Abbett Growth and Income Portfolio - Service Class	72	5,734	(5,662	)	851	895	(44	)
ING Marsico Growth Portfolio - Service Class	133,038	70,866	62,172		165,224	186,621	(21,397	)
ING Marsico International Opportunities Portfolio - Service Class	16,744	77,689	(60,945	)	138,900	167,896	(28,996	)
ING MFS Total Return Portfolio - Service Class	52,620	103,541	(50,921	)	248,680	174,956	73,724
ING MFS Utilities Portfolio - Service Class	192,807	193,991	(1,184	)	300,498	126,476	174,022
ING Morgan Stanley Global Franchise Portfolio - Service Class	237,927	263,261	(25,334	)	200,849	124,533	76,316
ING Morgan Stanley Global Tactical Asset Allocation Portfolio - Service
Class	31,622	71,145	(39,523	)	323,310	221,281	102,029
ING Oppenheimer Active Allocation Portfolio - Service Class	12,354	5,444	6,910		34,946	3,347	31,599
ING PIMCO High Yield Portfolio - Service Class	551,041	85,720	465,321		33,980	122,500	(88,520	)
ING PIMCO Total Return Bond Portfolio - Service Class	1,091,474	853,765	237,709		2,379,400	1,205,643	1,173,757
ING Pioneer Fund Portfolio - Service Class	7,466	952	6,514		7,676	7,293	383
ING Pioneer Mid Cap Value Portfolio - Service Class	34,070	146,997	(112,927	)	291,251	164,044	127,207
ING Retirement Conservative Portfolio - Adviser Class	416,391	206,494	209,897		646,103	7,350	638,753
ING Retirement Growth Portfolio - Adviser Class	1,042,598	1,577,522	(534,924	)	11,349,582	174,018	11,175,564
ING Retirement Moderate Growth Portfolio - Adviser Class	445,488	873,515	(428,027	)	9,159,455	223,532	8,935,923
ING Retirement Moderate Portfolio - Adviser Class	557,228	589,719	(32,491	)	5,044,010	93,395	4,950,615
ING T. Rowe Price Capital Appreciation Portfolio - Service Class	312,169	190,820	121,349		598,794	358,286	240,508
ING T. Rowe Price Equity Income Portfolio - Service Class	199,446	236,830	(37,384	)	434,924	387,191	47,733
ING Templeton Global Growth Portfolio - Service Class	39,184	46,453	(7,269	)	55,882	133,828	(77,946	)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



			Year ended December 31
		2010				2009
	Units	Units	Net Increase		Units	Units	Net Increase
	Issued	Redeemed	(Decrease)		Issued	Redeemed	(Decrease)
ING Investors Trust (continued):
ING Van Kampen Growth and Income Portfolio - Service Class	121,133	119,996	1,137		69,872	33,109	36,763
ING Wells Fargo HealthCare Portfolio - Service Class	149,030	163,956	(14,926	)	206,325	211,716	(5,391	)
ING Wells Fargo Small Cap Disciplined Portfolio - Service Class	3,661	53,619	(49,958	)	24,580	3,969	20,611
ING Partners, Inc.:
ING American Century Small-Mid Cap Value Portfolio - Service Class	9,886	3,150	6,736		38,104	3,129	34,975
ING Baron Small Cap Growth Portfolio - Service Class	179,615	116,245	63,370		380,895	158,901	221,994
ING Columbia Small Cap Value Portfolio - Service Class	7,794	53,244	(45,450	)	114,948	88,455	26,493
ING Davis New York Venture Portfolio - Service Class	70,025	123,522	(53,497	)	374,530	473,278	(98,748	)
ING JPMorgan Mid Cap Value Portfolio - Service Class	58,185	51,831	6,354		135,286	26,842	108,444
ING Legg Mason ClearBridge Aggressive Growth Portfolio - Service Class	4,414	13,932	(9,518	)	3,710	30,795	(27,085	)
ING Oppenheimer Global Portfolio - Initial Class	1,731	2,730	(999	)	3,921	7,476	(3,555	)
ING Oppenheimer Global Portfolio - Service Class	30,056	86,238	(56,182	)	56,807	122,227	(65,420	)
ING Oppenheimer Global Strategic Income Portfolio - Service Class	-	58	(58	)	588	98	490
ING PIMCO Total Return Portfolio - Service Class	-	1,973	(1,973	)	9,807	499	9,308
ING Solution 2015 Portfolio - Service Class	1,850	942	908		16,354	69	16,285
ING Solution 2025 Portfolio - Service Class	-	20,690	(20,690	)	28,681	1,371	27,310
ING Solution 2035 Portfolio - Service Class	-	70	(70	)	2,150	84	2,066
ING Solution 2045 Portfolio - Service Class	-	12	(12	)	-	15	(15	)
ING Solution Income Portfolio - Service Class	1,408	782	626		7,489	4,521	2,968
ING T. Rowe Price Diversified Mid Cap Growth Portfolio - Service Class	23,045	8,441	14,604		82,478	4,923	77,555
ING T. Rowe Price Growth Equity Portfolio - Service Class	171,083	171,411	(328	)	287,699	47,314	240,385
ING Templeton Foreign Equity Portfolio - Service Class	159,100	135,362	23,738		218,113	172,082	46,031
ING Thornburg Value Portfolio - Initial Class	9	10	(1	)	21	42	(21	)
ING Thornburg Value Portfolio - Service Class	4,122	550	3,572		12,446	3,051	9,395
ING UBS U.S. Large Cap Equity Portfolio - Service Class	356	4,656	(4,300	)	5,656	12,977	(7,321	)
ING Van Kampen Comstock Portfolio - Service Class	138,334	252,811	(114,477	)	201,130	109,687	91,443
ING Van Kampen Equity and Income Portfolio - Service Class	111,022	16,117	94,905		72,925	30,074	42,851


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



				Year ended December 31
		2010					2009
	Units	Units		Net Increase		Units	Units	Net Increase
	Issued	Redeemed		(Decrease)		Issued	Redeemed	(Decrease)
ING Strategic Allocation Portfolios, Inc.:
ING Strategic Allocation Conservative Portfolio - Class S	-	1		(1	)	34	-	34
ING Strategic Allocation Growth Portfolio - Class S	52	846		(794	)	4,537	405	4,132
ING Strategic Allocation Moderate Portfolio - Class S	-	23		(23	)	152	26	126
ING Variable Funds:
ING Growth and Income Portfolio - Class I	57	6,786		(6,729	)	107	21,548	(21,441	)
ING Growth and Income Portfolio - Class S	81,125	47,328		33,797		509,262	93,326	415,936
ING Variable Insurance Trust:
ING GET U.S. Core Portfolio - Series 5	5,084	48,199		(43,115	)	-	58,135	(58,135	)
ING GET U.S. Core Portfolio - Series 6	1,059	23,813		(22,754	)	122	22,653	(22,531	)
ING GET U.S. Core Portfolio - Series 7	9,814	29,301		(19,487	)	-	21,366	(21,366	)
ING GET U.S. Core Portfolio - Series 8	-	493		(493	)	-	27	(27	)
ING GET U.S. Core Portfolio - Series 9	11,630	14,745		(3,115	)	-	179	(179	)
ING GET U.S. Core Portfolio - Series 10	-	17,969		(17,969	)	-	71,284	(71,284	)
ING GET U.S. Core Portfolio - Series 11	-	(4	)	4		-	1,325	(1,325	)
ING GET U.S. Core Portfolio - Series 12	311	510		(199	)	-	47	(47	)
ING GET U.S. Core Portfolio - Series 13	8,917	10,144		(1,227	)	-	4,875	(4,875	)
ING GET U.S. Core Portfolio - Series 14	67,210	134,494		(67,284	)	350	44,940	(44,590	)
ING Variable Portfolios, Inc.:
ING BlackRock Science and Technology Opportunities Portfolio - Class S	451,782	261,605		190,177		266,611	99,929	166,682
ING Euro STOXX 50 Index Portfolio - Class A	11,362	7,166		4,196		7,562	2,118	5,444
ING FTSE 100 Index Portfolio - Class A	2,118	2,118		-		-	-	-
ING Hang Seng Index Portfolio - Class S	113,401	45,851		67,550		139,205	10,532	128,673
ING Index Plus LargeCap Portfolio - Class S	3,664	20,335		(16,671	)	32,380	59,718	(27,338	)
ING Index Plus MidCap Portfolio - Class S	18,448	58,747		(40,299	)	68,417	79,741	(11,324	)
ING Index Plus SmallCap Portfolio - Class S	4,275	37,604		(33,329	)	44,231	67,188	(22,957	)
ING International Index Portfolio - Class S	131,205	117,829		13,376		389,797	27,057	362,740
ING Japan TOPIX Index® Portfolio - Class A	6,910	5,134		1,776		2,006	2,006	-
ING Opportunistic Large Cap Portfolio - Class S	321	18,530		(18,209	)	4,830	2,736	2,094


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



			Year ended December 31
		2010				2009
	Units	Units	Net Increase		Units	Units	Net Increase
	Issued	Redeemed	(Decrease)		Issued	Redeemed	(Decrease)
ING Variable Portfolios, Inc. (continued):
ING Russell™ Global Large Cap Index 75% Portfolio - Class S	5,458	33,902	(28,444	)	28,479	35	28,444
ING Russell™ Large Cap Growth Index Portfolio - Class S	30,424	25,346	5,078		104,470	15,522	88,948
ING Russell™ Large Cap Index Portfolio - Class S	79,761	124,540	(44,779	)	792,292	71,451	720,841
ING Russell™ Large Cap Value Index Portfolio - Class S	37,034	22,501	14,533		150,192	35,820	114,372
ING Russell™ Mid Cap Growth Index Portfolio - Class S	22,569	28,361	(5,792	)	311,736	23,496	288,240
ING Russell™ Mid Cap Index Portfolio - Class S	94,872	52,257	42,615		179,658	42,737	136,921
ING Russell™ Small Cap Index Portfolio - Class S	72,414	53,190	19,224		146,035	45,593	100,442
ING Small Company Portfolio - Class S	87,511	137,457	(49,946	)	246,060	61,995	184,065
ING U.S. Bond Index Portfolio - Class S	151,454	156,504	(5,050	)	443,047	148,670	294,377
ING WisdomTree^SMGlobal High-Yielding Equity Index Portfolio - Class S	58,335	282,824	(224,489	)	649,704	435,227	214,477
ING Variable Products Trust:
ING International Value Portfolio - Class S	4,853	11,071	(6,218	)	30,458	4,335	26,123
ING MidCap Opportunities Portfolio - Class S	96,157	69,602	26,555		100,807	126,141	(25,334	)
ING SmallCap Opportunities Portfolio - Class S	506	5,882	(5,376	)	7,566	17,933	(10,367	)
Invesco Variable Insurance Funds:
Invesco V.I. Leisure Fund - Series I Shares	103	3,496	(3,393	)	47	367	(320	)
Legg Mason Partners Variable Equity Trust:
Legg Mason ClearBridge Variable Large Cap Value Portfolio - Class I	189	2,201	(2,012	)	169	4,454	(4,285	)
Legg Mason Global Currents Variable International All Cap Opportunity
Portfolio	41	163	(122	)	15	697	(682	)
Legg Mason Variable Lifestyle Allocation 50%	152	10,520	(10,368	)	196	24,872	(24,676	)
Legg Mason Variable Lifestyle Allocation 70%	58	2,775	(2,717	)	76	6,653	(6,577	)
Legg Mason Variable Lifestyle Allocation 85%	103	2,979	(2,876	)	61	2,557	(2,496	)
Legg Mason Partners Variable Income Trust:
Legg Mason Western Asset Variable High Income Portfolio	33	73	(40	)	-	12	(12	)
Legg Mason Western Asset Variable Money Market Portfolio	-	6,833	(6,833	)	168	1,037	(869	)


Division/Contract	Units		Unit Value		Extended Value
BlackRock Global Allocation V.I. Fund - Class III
Contracts in accumulation period:
Band 6	406,977.067	$	10.36	$	4,216,282
Band 7	1,226.912		10.31		12,649
Band 9	33,719.696		10.22		344,615
Band 17	215,308.835		10.30		2,217,681
Band 19	6,409.677		10.26		65,763
Band 20	46,772.635		10.16		475,210
Band 22	2,612.885		10.11		26,416
Band 24	522,768.937		10.24		5,353,154
Band 25	269,940.726		10.19		2,750,696
Band 27	31,841.010		10.07		320,639
Band 28	15,018.661		10.06		151,088
Band 34	126,862.212		10.39		1,318,098
Band 35	45,877.823		10.31		473,000
	1,725,337.076			$	17,725,291
Columbia Small Cap Value Fund, Variable Series - Class B
Contracts in accumulation period:
Band 6	18,205.337	$	14.11	$	256,877
Band 9	984.727		13.71		13,501
Band 17	22,373.612		13.95		312,112
Band 19	772.220		13.82		10,672
Band 20	8,331.582		13.55		112,893
Band 24	20,879.630		13.78		287,721
Band 25	3,256.458		13.63		44,386
Band 26	2,052.833		13.51		27,734
	76,856.399			$	1,065,896
Fidelity® VIP Equity-Income Portfolio - Service Class 2
Contracts in accumulation period:
Band 5	5,630.093	$	11.46	$	64,521
Band 6	93,848.106		11.24		1,054,853
Band 8	18,021.802		10.93		196,978
Band 9	69,842.227		10.72		748,709
Band 10	140.505		10.57		1,485
Band 17	83,307.085		10.94		911,380
Band 19	5,861.974		10.84		63,544
Band 20	15,432.662		10.59		163,432
Band 22	2,772.846		10.49		29,087
Band 24	43,984.930		10.80		475,037
Band 25	32,550.899		10.66		346,993
Band 28	181.790		10.35		1,882
Band 30	151,110.345		8.29		1,252,705
Band 31	134,751.487		8.24		1,110,352
	657,436.751			$	6,420,958


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
Fidelity® VIP Contrafund® Portfolio - Service Class 2
Contracts in accumulation period:
Band 1	463.946	$	13.35	$	6,194
Band 3	396.794		13.24		5,254
Band 5	6,507.964		16.33		106,275
Band 6	404,824.445		16.02		6,485,288
Band 7	6.722		15.79		106
Band 8	16,967.771		15.57		264,188
Band 9	138,622.273		15.28		2,118,148
Band 10	1,388.974		15.06		20,918
Band 17	401,627.233		14.32		5,751,302
Band 19	21,324.191		14.19		302,590
Band 20	168,500.643		13.87		2,337,104
Band 22	4,642.046		13.74		63,782
Band 24	185,289.342		14.14		2,619,991
Band 25	157,272.236		13.96		2,195,520
Band 26	8,526.859		13.82		117,841
Band 27	21,852.062		13.60		297,188
Band 28	34,058.772		13.56		461,837
Band 29	1,475.036		13.42		19,795
Band 30	381,274.872		9.92		3,782,247
Band 31	288,949.093		9.85		2,846,149
Band 34	67,930.659		9.73		660,965
Band 35	24,186.642		9.66		233,643
	2,336,088.575			$	30,696,325
Franklin Small Cap Value Securities Fund - Class 2
Contracts in accumulation period:
Band 30	58,098.695	$	10.50	$	610,036
Band 31	70,697.146		10.43		737,371
	128,795.841			$	1,347,407
ING Balanced Portfolio - Class S
Contracts in accumulation period:
Band 5	907.414	$	10.29	$	9,337
Band 6	1,559.198		10.20		15,904
Band 8	2,775.371		10.05		27,892
Band 9	203.057		9.96		2,022
Band 17	1,521.583		10.10		15,368
Band 20	2,997.414		9.86		29,555
Band 24	224.336		10.00		2,243
Band 30	3,397.833		9.82		33,367
Band 31	10,566.706		9.75		103,025
	24,152.912			$	238,713


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Intermediate Bond Portfolio - Class S
Contracts in accumulation period:
Band 2	124.990	$	11.55	$	1,444
Band 3	857.406		11.49		9,852
Band 4	1,240.757		11.46		14,219
Band 5	731.741		11.73		8,583
Band 6	292,467.044		11.59		3,389,693
Band 8	2,812.835		11.40		32,066
Band 9	52,876.055		11.27		595,913
Band 17	300,242.660		11.46		3,440,781
Band 19	51,676.248		11.36		587,042
Band 20	108,384.843		11.13		1,206,323
Band 22	3,972.115		11.04		43,852
Band 24	201,480.894		11.33		2,282,779
Band 25	213,752.898		11.20		2,394,032
Band 26	1,919.914		11.10		21,311
Band 27	13,580.277		10.94		148,568
Band 28	53,217.883		10.91		580,607
Band 30	243,106.837		11.07		2,691,193
Band 31	350,311.967		10.99		3,849,929
Band 34	35,523.859		10.61		376,908
Band 35	17,069.746		10.53		179,744
	1,945,350.969			$	21,854,839
ING American Funds Asset Allocation Portfolio
Contracts in accumulation period:
Band 6	266,245.350	$	9.69	$	2,579,917
Band 9	5,659.395		9.57		54,160
Band 17	160,626.440		9.64		1,548,439
Band 19	7,010.539		9.60		67,301
Band 20	26,741.279		9.51		254,310
Band 24	109,875.148		9.59		1,053,703
Band 25	101,945.846		9.54		972,563
Band 26	12,612.777		9.50		119,821
Band 27	3,001.740		9.43		28,306
Band 28	9,306.096		9.42		87,663
Band 34	183,967.270		9.72		1,788,162
Band 35	64,942.258		9.66		627,342
	951,934.138			$	9,181,687


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING American Funds Bond Portfolio
Contracts in accumulation period:
Band 6	246,189.627	$	10.28	$	2,530,829
Band 7	198.987		10.23		2,036
Band 8	3,323.355		10.19		33,865
Band 9	66,284.607		10.13		671,463
Band 17	234,733.224		10.22		2,398,974
Band 19	14,829.821		10.17		150,819
Band 20	81,850.098		10.07		824,230
Band 22	9,126.849		10.02		91,451
Band 24	207,511.386		10.16		2,108,316
Band 25	455,340.927		10.10		4,598,943
Band 26	23,867.523		10.05		239,869
Band 27	47,617.468		9.97		474,746
Band 28	18,106.595		9.96		180,342
Band 30	236,857.540		10.35		2,451,476
Band 31	89,657.350		10.29		922,574
Band 34	37,126.348		10.41		386,485
Band 35	10,935.968		10.34		113,078
	1,783,557.673			$	18,179,496
ING American Funds Growth Portfolio
Contracts in accumulation period:
Band 1	1,123.958	$	14.28	$	16,050
Band 2	245.376		10.59		2,599
Band 3	6,616.668		14.12		93,427
Band 4	53.136		10.51		558
Band 5	10,215.337		14.49		148,020
Band 6	930,074.921		14.28		13,281,470
Band 7	62.656		14.12		885
Band 8	6,011.101		13.97		83,975
Band 9	178,591.262		13.76		2,457,416
Band 10	4,793.541		13.61		65,240
Band 17	982,876.677		13.33		13,101,746
Band 19	36,079.264		13.20		476,246
Band 20	246,424.889		12.91		3,181,345
Band 22	85,995.574		12.78		1,099,023
Band 24	581,410.733		13.16		7,651,365
Band 25	583,295.111		12.99		7,577,003
Band 26	23,461.103		12.87		301,944
Band 27	36,382.187		12.66		460,598
Band 28	35,233.184		12.61		444,290
Band 30	243,023.218		9.41		2,286,848
Band 31	87,088.556		9.35		814,278
Band 34	45,842.924		9.47		434,132
Band 35	47,001.095		9.40		441,810
	4,171,902.471			$	54,420,268


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING American Funds Growth-Income Portfolio
Contracts in accumulation period:
Band 1	1,394.413	$	12.47	$	17,388
Band 2	358.754		10.06		3,609
Band 3	12,322.808		12.33		151,940
Band 5	8,765.666		12.66		110,973
Band 6	568,828.720		12.47		7,093,294
Band 7	429.994		12.33		5,302
Band 8	5,249.270		12.20		64,041
Band 9	145,375.301		12.02		1,747,411
Band 10	6,571.846		11.89		78,139
Band 17	740,602.345		11.25		8,331,776
Band 19	40,010.709		11.15		446,119
Band 20	159,836.445		10.90		1,742,217
Band 22	14,779.302		10.79		159,469
Band 24	399,687.176		11.11		4,440,525
Band 25	468,311.521		10.97		5,137,377
Band 26	12,518.179		10.86		135,947
Band 27	9,290.821		10.69		99,319
Band 28	13,355.345		10.65		142,234
Band 30	88,055.006		8.84		778,406
Band 31	56,802.124		8.78		498,723
Band 34	43,340.632		9.27		401,768
Band 35	6,797.899		9.21		62,609
	2,802,684.276			$	31,648,586
ING American Funds International Portfolio
Contracts in accumulation period:
Band 1	479.186	$	18.86	$	9,037
Band 2	235.502		12.26		2,887
Band 3	4,107.499		18.65		76,605
Band 4	131.331		12.16		1,597
Band 5	434.806		19.14		8,322
Band 6	301,536.715		18.86		5,686,982
Band 7	12.619		18.65		235
Band 8	2,599.611		18.45		47,963
Band 9	59,769.888		18.17		1,086,019
Band 10	1,046.480		17.97		18,805
Band 17	505,028.053		15.74		7,949,142
Band 19	21,114.457		15.59		329,174
Band 20	101,275.992		15.24		1,543,446
Band 22	8,399.975		15.09		126,756
Band 24	310,559.829		15.54		4,826,100
Band 25	310,879.395		15.34		4,768,890
Band 26	17,074.356		15.19		259,359
Band 27	31,958.326		14.95		477,777
Band 28	16,475.852		14.90		245,490
Band 30	239,101.957		9.82		2,347,981
Band 31	200,718.153		9.76		1,959,009
Band 34	51,691.046		9.32		481,761
Band 35	2,809.387		9.25		25,987
	2,187,440.415			$	32,279,324


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING American Funds World Allocation Portfolio - Service
Class
Contracts in accumulation period:
Band 6	27,736.114	$	15.64	$	433,793
Band 9	918.101		15.49		14,221
Band 17	15,921.980		15.58		248,064
Band 19	3,422.545		15.53		53,152
Band 20	1,434.183		15.43		22,129
Band 24	20,429.556		15.52		317,067
Band 25	11,957.167		15.46		184,858
Band 28	3,206.270		15.32		49,120
Band 34	8,967.493		15.67		140,521
Band 35	1,220.905		15.59		19,034
	95,214.314			$	1,481,959
ING Artio Foreign Portfolio - Service Class
Contracts in accumulation period:
Band 3	1,316.757	$	12.04	$	15,854
Band 6	200,416.357		14.48		2,902,029
Band 8	1,259.670		14.11		17,774
Band 9	17,201.797		13.86		238,417
Band 17	295,083.956		13.77		4,063,306
Band 19	6,442.394		13.64		87,874
Band 20	23,467.951		13.34		313,062
Band 22	7,509.299		13.21		99,198
Band 24	148,901.479		13.60		2,025,060
Band 25	92,303.343		13.42		1,238,711
Band 26	8,664.709		13.29		115,154
Band 28	1,944.023		13.04		25,350
Band 29	613.322		12.91		7,918
Band 34	7,655.357		7.73		59,176
Band 35	33,606.884		7.67		257,765
	846,387.298			$	11,466,648
ING BlackRock Inflation Protected Bond Portfolio - Service
Class
Contracts in accumulation period:
Band 6	153,216.044	$	11.04	$	1,691,505
Band 8	5,288.412		10.98		58,067
Band 9	32,223.981		10.94		352,530
Band 17	71,439.362		11.00		785,833
Band 20	23,368.782		10.91		254,953
Band 22	1,412.913		10.88		15,372
Band 24	91,193.736		10.96		999,483
Band 25	67,667.461		10.92		738,929
Band 26	12,406.457		10.90		135,230
Band 27	3,742.079		10.85		40,602
Band 28	13,177.556		10.84		142,845
Band 30	138,967.767		11.09		1,541,153
Band 31	164,904.395		11.05		1,822,194
Band 34	26,758.659		11.06		295,951
Band 35	6,167.345		11.01		67,902
	811,934.949			$	8,942,549


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING BlackRock Large Cap Growth Portfolio - Service Class
Contracts in accumulation period:
Band 1	328.430	$	11.25	$	3,695
Band 3	2,486.532		11.16		27,750
Band 5	1,883.327		11.38		21,432
Band 6	110,696.085		11.25		1,245,331
Band 8	470.760		11.06		5,207
Band 9	13,485.417		10.94		147,530
Band 17	74,339.647		11.12		826,657
Band 19	141.357		11.03		1,559
Band 20	11,022.665		10.81		119,155
Band 22	3,939.763		10.71		42,195
Band 24	38,454.403		11.00		422,998
Band 25	21,607.753		10.87		234,876
Band 26	272.435		10.77		2,934
Band 27	2,219.606		10.62		23,572
Band 28	3,166.878		10.59		33,537
Band 30	2,053.587		9.21		18,914
Band 31	544.819		9.14		4,980
Band 34	15,071.743		9.71		146,347
Band 35	3,775.348		9.64		36,394
	305,960.555			$	3,365,063
ING BlackRock Large Cap Value Portfolio - Service Class
Contracts in accumulation period:
Band 6	11,993.566	$	10.34	$	124,013
Band 9	2,942.049		10.05		29,568
Band 17	13,222.324		10.22		135,132
Band 20	662.308		9.93		6,577
Band 24	9,381.943		10.10		94,758
Band 26	889.129		9.90		8,802
	39,091.319			$	398,850
ING Clarion Global Real Estate Portfolio - Service Class
Contracts in accumulation period:
Band 6	86,554.230	$	10.93	$	946,038
Band 7	60.832		10.85		660
Band 8	221.100		10.78		2,383
Band 9	16,079.368		10.68		171,728
Band 17	70,393.603		10.83		762,363
Band 19	9,329.930		10.75		100,297
Band 20	19,258.198		10.57		203,559
Band 22	3,775.792		10.50		39,646
Band 24	65,028.500		10.72		697,106
Band 25	58,650.265		10.62		622,866
Band 26	1,745.195		10.55		18,412
Band 27	19,099.888		10.42		199,021
Band 28	6,781.231		10.39		70,457
Band 30	146,800.891		8.65		1,269,828
Band 31	141,702.893		8.60		1,218,645
Band 34	1,180.397		9.38		11,072
Band 35	691.297		9.32		6,443
	647,353.610			$	6,340,524


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Clarion Real Estate Portfolio - Service Class
Contracts in accumulation period:
Band 1	1,547.047	$	69.52	$	107,551
Band 2	101.664		11.36		1,155
Band 3	1,230.919		67.25		82,779
Band 4	160.233		11.27		1,806
Band 5	299.363		18.50		5,538
Band 6	107,878.369		18.25		1,968,780
Band 8	255.777		17.89		4,576
Band 9	8,771.072		17.65		154,809
Band 17	64,592.751		15.37		992,791
Band 19	7,196.940		15.22		109,537
Band 20	24,723.921		14.89		368,139
Band 22	484.958		14.74		7,148
Band 24	35,921.866		15.18		545,294
Band 25	25,166.997		14.98		377,002
Band 26	8,006.373		14.84		118,815
Band 28	3,712.636		14.55		54,019
Band 29	274.740		14.41		3,959
	290,325.626			$	4,903,698
ING DFA World Equity Portfolio - Service Class
Contracts in accumulation period:
Band 6	38,769.461	$	8.29	$	321,399
Band 9	7,779.243		8.16		63,479
Band 17	61,699.806		8.24		508,406
Band 20	544.694		8.10		4,412
Band 24	44,861.669		8.18		366,968
Band 25	37,203.365		8.13		302,463
Band 27	22,595.288		8.02		181,214
Band 28	14,004.220		8.00		112,034
Band 31	4,340.843		9.52		41,325
Band 34	572.556		9.32		5,336
Band 35	17,227.118		9.25		159,351
	249,598.263			$	2,066,387
ING FMR^SMDiversified Mid Cap Portfolio - Service Class
Contracts in accumulation period:
Band 1	3,351.997	$	17.70	$	59,330
Band 3	92,818.045		17.43		1,617,819
Band 6	145,383.545		15.74		2,288,337
Band 9	30,722.883		15.29		469,753
Band 17	149,505.294		15.56		2,326,302
Band 19	5,894.735		15.42		90,897
Band 20	29,340.320		15.11		443,332
Band 22	1,682.360		14.98		25,202
Band 24	104,567.281		15.38		1,608,245
Band 25	44,003.332		15.20		668,851
Band 26	2,111.076		15.07		31,814
Band 27	3,932.740		14.85		58,401
Band 28	10,508.393		14.80		155,524
Band 34	8,643.894		11.45		98,973
	632,465.895			$	9,942,780


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Franklin Income Portfolio - Service Class
Contracts in accumulation period:
Band 3	2,585.936	$	11.18	$	28,911
Band 5	380.608		11.37		4,328
Band 6	312,959.897		11.26		3,523,928
Band 7	258.284		11.18		2,888
Band 8	4,704.616		11.11		52,268
Band 9	90,606.175		11.00		996,668
Band 10	3,224.252		10.92		35,209
Band 17	180,630.472		11.16		2,015,836
Band 19	10,635.970		11.08		117,847
Band 20	72,615.079		10.90		791,504
Band 22	2,027.771		10.82		21,940
Band 24	325,237.236		11.05		3,593,871
Band 25	492,203.455		10.95		5,389,628
Band 26	1,499.248		10.87		16,297
Band 27	20,753.104		10.74		222,888
Band 28	47,724.225		10.71		511,126
Band 34	16,571.592		10.56		174,996
Band 35	14,224.588		10.49		149,216
	1,598,842.508			$	17,649,349
ING Franklin Mutual Shares Portfolio - Service Class
Contracts in accumulation period:
Band 5	778.078	$	10.14	$	7,890
Band 6	187,468.676		10.06		1,885,935
Band 8	612.922		9.95		6,099
Band 9	33,194.422		9.88		327,961
Band 10	796.322		9.82		7,820
Band 17	91,357.672		9.99		912,663
Band 19	8,048.784		9.93		79,924
Band 20	9,624.347		9.80		94,319
Band 22	1,015.285		9.75		9,899
Band 24	161,655.433		9.91		1,602,005
Band 25	137,664.373		9.84		1,354,617
Band 26	3,227.943		9.78		31,569
Band 27	22,453.079		9.69		217,570
Band 28	14,678.736		9.67		141,943
Band 34	3,261.984		9.14		29,815
Band 35	21,160.921		9.07		191,930
	696,998.977			$	6,901,959


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Franklin Templeton Founding Strategy Portfolio -
Service Class
Contracts in accumulation period:
Band 6	194,923.378	$	8.60	$	1,676,341
Band 7	1,290.855		8.55		11,037
Band 8	3,273.516		8.50		27,825
Band 9	95,945.581		8.44		809,781
Band 10	2,900.950		8.39		24,339
Band 17	456,412.558		8.53		3,893,199
Band 19	33,719.275		8.48		285,939
Band 20	96,573.505		8.37		808,320
Band 22	2,728.639		8.33		22,730
Band 24	371,214.818		8.47		3,144,190
Band 25	204,929.281		8.40		1,721,406
Band 26	35,177.352		8.36		294,083
Band 27	67,920.827		8.28		562,384
Band 28	15,604.328		8.26		128,892
Band 31	12,538.048		9.47		118,735
Band 34	138,620.813		9.61		1,332,146
Band 35	43,268.113		9.54		412,778
	1,777,041.837			$	15,274,125
ING Global Resources Portfolio - Service Class
Contracts in accumulation period:
Band 1	604.520	$	46.24	$	27,953
Band 3	1,949.448		44.73		87,199
Band 5	1,380.319		20.32		28,048
Band 6	158,215.716		20.09		3,178,554
Band 9	83,357.639		19.52		1,627,141
Band 17	172,716.985		19.86		3,430,159
Band 19	10,766.844		19.69		211,999
Band 20	46,661.578		19.29		900,102
Band 22	2,716.549		19.12		51,940
Band 24	134,832.143		19.63		2,646,755
Band 25	95,254.908		19.40		1,847,945
Band 26	5,601.597		19.23		107,719
Band 27	49,078.580		18.96		930,530
Band 28	9,746.506		18.90		184,209
Band 34	1,804.436		10.14		18,297
Band 35	2,773.677		10.07		27,931
	777,461.445			$	15,306,481


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Janus Contrarian Portfolio - Service Class
Contracts in accumulation period:
Band 3	68,854.924	$	13.05	$	898,557
Band 5	1,711.406		14.74		25,226
Band 6	209,418.904		14.54		3,044,951
Band 7	22.783		14.39		328
Band 9	23,257.893		14.06		327,006
Band 17	101,302.562		14.87		1,506,369
Band 19	8,947.412		14.72		131,706
Band 20	14,569.500		14.39		209,655
Band 22	579.268		14.26		8,260
Band 24	65,201.963		14.68		957,165
Band 25	56,408.695		14.49		817,362
Band 26	2,931.380		14.35		42,065
Band 27	1,884.153		14.12		26,604
Band 28	13,322.720		14.07		187,451
Band 34	44,916.296		8.05		361,576
Band 35	6,013.643		7.99		48,049
	619,343.502			$	8,592,330
ING JPMorgan Emerging Markets Equity Portfolio - Service
Class
Contracts in accumulation period:
Band 1	2,919.383	$	25.00	$	72,985
Band 3	8,265.457		24.52		202,669
Band 5	551.778		24.69		13,623
Band 6	242,774.794		24.41		5,926,133
Band 7	13.845		24.20		335
Band 8	240.078		23.99		5,759
Band 9	34,298.572		23.72		813,562
Band 17	137,081.053		24.13		3,307,766
Band 19	20,887.596		23.92		499,631
Band 20	36,288.658		23.44		850,606
Band 22	2,051.002		23.23		47,645
Band 24	116,288.347		23.85		2,773,477
Band 25	75,380.414		23.57		1,776,716
Band 26	8,048.755		23.37		188,099
Band 27	16,133.238		23.03		371,548
Band 28	13,839.980		22.96		317,766
Band 29	173.946		22.76		3,959
Band 30	147,490.286		10.22		1,507,351
Band 31	150,925.587		10.16		1,533,404
Band 34	22,839.859		10.68		243,930
Band 35	2,693.279		10.60		28,549
	1,039,185.907			$	20,485,513


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING JPMorgan Small Cap Core Equity Portfolio - Service
Class
Contracts in accumulation period:
Band 5	750.447	$	16.41	$	12,315
Band 6	72,541.512		16.13		1,170,095
Band 8	534.675		15.72		8,405
Band 9	14,162.568		15.44		218,670
Band 17	116,865.056		14.59		1,705,061
Band 19	5,625.188		14.45		81,284
Band 20	15,768.632		14.12		222,653
Band 22	4,996.596		13.99		69,902
Band 24	56,017.885		14.40		806,658
Band 25	27,186.498		14.22		386,592
Band 26	39.396		14.08		555
Band 27	976.152		13.85		13,520
Band 28	4,709.249		13.80		64,988
Band 34	7,514.081		11.70		87,915
Band 35	2,381.178		11.62		27,669
	330,069.113			$	4,876,282
ING Large Cap Growth Portfolio - Service Class
Contracts in accumulation period:
Band 5	1,062.702	$	14.26	$	15,154
Band 6	36,858.615		14.07		518,601
Band 7	12.335		13.93		172
Band 8	464.503		13.79		6,405
Band 9	1,451.910		13.60		19,746
Band 17	55,398.309		14.93		827,097
Band 19	3,619.657		14.79		53,535
Band 20	13,886.616		14.46		200,800
Band 22	248.720		14.32		3,562
Band 24	19,521.436		14.74		287,746
Band 25	2,396.487		14.55		34,869
Band 26	1,084.087		14.41		15,622
Band 27	4,067.453		14.18		57,676
Band 28	1,694.271		14.13		23,940
Band 30	11,781.216		11.97		141,021
Band 31	7,759.436		11.89		92,260
Band 34	3,801.853		16.79		63,833
Band 35	323.540		16.71		5,406
	165,433.146			$	2,367,445
ING Limited Maturity Bond Portfolio - Service Class
Contracts in accumulation period:
Band 1	2,624.738	$	23.89	$	62,705
Band 3	9,647.092		23.11		222,944
	12,271.830			$	285,649


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Liquid Assets Portfolio - Service Class
Contracts in accumulation period:
Band 1	4,808.091	$	17.26	$	82,988
Band 2	4,787.774		9.94		47,590
Band 3	49,799.032		16.70		831,644
Band 4	6,121.533		9.90		60,603
Band 5	58,409.791		18.03		1,053,129
Band 6	339,888.544		17.26		5,866,476
Band 7	12,325.507		16.70		205,836
Band 8	90,426.968		16.15		1,460,396
Band 9	282,723.659		15.45		4,368,081
Band 10	16,246.183		14.94		242,718
Band 17	461,353.724		10.63		4,904,190
Band 19	27,043.965		10.52		284,503
Band 20	158,085.716		10.29		1,626,702
Band 22	1,353.690		10.19		13,794
Band 24	502,226.096		10.49		5,268,352
Band 25	261,018.046		10.36		2,704,147
Band 26	31,936.199		10.26		327,665
Band 27	6,952.091		10.09		70,147
Band 28	5,384.509		10.06		54,168
Band 30	23,026.178		10.12		233,025
Band 31	75,478.818		10.05		758,562
Band 34	13,602.878		9.89		134,532
Band 35	25,636.785		9.82		251,753
	2,458,635.777			$	30,851,001
ING Lord Abbett Growth and Income Portfolio - Service
Class
Contracts in accumulation period:
Band 3	3,139.545	$	11.86	$	37,235
Band 6	4,352.979		12.76		55,544
Band 17	11,522.852		11.32		130,439
Band 19	3,311.432		11.21		37,121
Band 24	1,938.980		11.17		21,658
	24,265.788			$	281,997


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Marsico Growth Portfolio - Service Class
Contracts in accumulation period:
Band 1	8,180.202	$	17.26	$	141,190
Band 3	131,546.150		16.88		2,220,499
Band 6	98,597.007		12.53		1,235,420
Band 8	54.967		12.28		675
Band 9	33,902.544		12.12		410,899
Band 17	209,960.578		12.60		2,645,503
Band 19	4,485.220		12.47		55,931
Band 20	21,415.316		12.20		261,267
Band 22	263.237		12.08		3,180
Band 24	63,882.408		12.43		794,058
Band 25	66,981.634		12.28		822,534
Band 26	6,489.989		12.16		78,918
Band 27	10,178.328		11.96		121,733
Band 28	11,179.083		11.92		133,255
Band 34	8,572.434		9.91		84,953
Band 35	4,397.763		9.84		43,274
	680,086.860			$	9,053,289
ING Marsico International Opportunities Portfolio - Service
Class
Contracts in accumulation period:
Band 3	11,443.737	$	13.68	$	156,550
Band 5	1,008.792		13.96		14,083
Band 6	114,969.825		13.80		1,586,584
Band 7	230.156		13.68		3,149
Band 8	1,457.566		13.56		19,765
Band 9	21,325.428		13.41		285,974
Band 17	60,440.304		13.64		824,406
Band 19	7,758.321		13.52		104,892
Band 20	11,658.346		13.25		154,473
Band 22	229.877		13.14		3,021
Band 24	75,580.070		13.48		1,018,819
Band 25	86,882.440		13.33		1,158,143
Band 26	4,124.447		13.21		54,484
Band 27	725.312		13.02		9,444
Band 28	3,404.908		12.98		44,196
Band 30	63,300.366		8.11		513,366
Band 31	89,307.043		8.06		719,815
Band 34	1,825.888		8.52		15,557
	555,672.826			$	6,686,721


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING MFS Total Return Portfolio - Service Class
Contracts in accumulation period:
Band 1	1,665.256	$	27.52	$	45,828
Band 2	4,539.832		27.52		124,936
Band 3	33,894.875		26.86		910,416
Band 4	23,580.261		26.86		633,366
Band 5	4,007.671		28.44		113,978
Band 6	101,532.659		27.52		2,794,179
Band 7	180.632		26.85		4,850
Band 8	5,840.749		26.22		153,144
Band 9	29,557.483		25.37		749,873
Band 10	382.627		24.75		9,470
Band 17	124,203.313		11.87		1,474,293
Band 19	11,138.979		11.75		130,883
Band 20	66,718.636		11.49		766,597
Band 22	7,455.869		11.38		84,848
Band 24	159,418.302		11.71		1,866,788
Band 25	90,861.439		11.56		1,050,358
Band 26	6,078.942		11.45		69,604
Band 27	7,436.658		11.27		83,811
Band 28	12,555.988		11.23		141,004
Band 30	26,963.301		10.00		269,633
Band 31	2,388.369		9.93		23,717
Band 34	32,172.910		10.15		326,555
Band 35	1,847.633		10.08		18,624
	754,422.384			$	11,846,755
ING MFS Utilities Portfolio - Service Class
Contracts in accumulation period:
Band 3	1,057.011	$	16.64	$	17,589
Band 6	187,892.357		16.79		3,154,713
Band 8	1,915.204		16.50		31,601
Band 9	33,173.532		16.32		541,392
Band 10	659.292		16.18		10,667
Band 17	150,324.358		16.60		2,495,384
Band 19	10,042.167		16.45		165,194
Band 20	28,375.513		16.12		457,413
Band 22	2,918.620		15.98		46,640
Band 24	93,211.795		16.41		1,529,606
Band 25	97,157.505		16.22		1,575,895
Band 26	1,800.424		16.08		28,951
Band 27	50,765.589		15.85		804,635
Band 28	11,806.187		15.80		186,538
Band 30	54,289.781		9.40		510,324
Band 31	124,041.598		9.35		1,159,789
Band 34	5,315.425		9.68		51,453
Band 35	11,244.031		9.61		108,055
	865,990.389			$	12,875,839


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Morgan Stanley Global Franchise Portfolio - Service
Class
Contracts in accumulation period:
Band 3	785.976	$	13.85	$	10,886
Band 6	82,165.576		13.97		1,147,853
Band 7	80.942		13.85		1,121
Band 9	9,288.284		13.58		126,135
Band 17	50,259.861		13.81		694,089
Band 19	48.508		13.69		664
Band 20	22,612.845		13.42		303,464
Band 24	69,845.264		13.66		954,086
Band 25	62,226.520		13.50		840,058
Band 26	429.826		13.38		5,751
Band 27	44,147.087		13.19		582,300
Band 28	2,278.567		13.15		29,963
Band 34	14,891.702		10.94		162,915
Band 35	19,925.810		10.86		216,394
	378,986.768			$	5,075,679
ING Morgan Stanley Global Tactical Asset Allocation
Portfolio - Service Class
Contracts in accumulation period:
Band 6	7,147.403	$	13.14	$	93,917
Band 9	240.837		13.02		3,136
Band 17	4,317.751		13.09		56,519
Band 20	1,295.214		12.96		16,786
Band 24	11,055.425		13.04		144,163
Band 25	21,632.501		12.99		281,006
Band 27	1,464.348		12.89		18,875
Band 28	666.991		12.88		8,591
Band 34	13,833.229		13.17		182,184
Band 35	851.228		13.10		11,151
	62,504.927			$	816,328
ING Oppenheimer Active Allocation Portfolio - Service Class
Contracts in accumulation period:
Band 6	1,881.194	$	15.11	$	28,425
Band 9	732.482		14.97		10,965
Band 17	12,919.881		15.05		194,444
Band 19	566.251		15.01		8,499
Band 20	1,264.610		14.91		18,855
Band 24	14,856.589		14.99		222,700
Band 25	3,959.857		14.94		59,160
Band 34	151.361		15.14		2,292
Band 35	2,175.299		15.07		32,782
	38,507.524			$	578,122


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING PIMCO High Yield Portfolio - Service Class
Contracts in accumulation period:
Band 1	2,096.201	$	15.53	$	32,554
Band 3	5,625.521		15.37		86,464
Band 5	2,073.057		15.74		32,630
Band 6	113,213.152		15.53		1,758,200
Band 8	2,759.124		15.22		41,994
Band 9	22,990.216		15.02		345,313
Band 10	350.413		14.87		5,211
Band 17	109,484.526		14.88		1,629,130
Band 19	7,454.676		14.74		109,882
Band 20	48,883.804		14.41		704,416
Band 22	708.320		14.27		10,108
Band 24	70,277.882		14.69		1,032,382
Band 25	485,458.606		14.50		7,039,150
Band 26	4,071.673		14.36		58,469
Band 27	14,635.958		14.13		206,806
Band 28	4,314.959		14.08		60,755
Band 30	5,191.571		13.34		69,256
Band 31	6,674.267		13.25		88,434
Band 34	6,095.786		12.97		79,062
	912,359.712			$	13,390,216
ING PIMCO Total Return Bond Portfolio - Service Class
Contracts in accumulation period:
Band 1	8,010.778	$	19.12	$	153,166
Band 3	16,412.898		18.66		306,265
Band 5	9,119.908		19.76		180,209
Band 6	663,011.739		19.12		12,676,784
Band 7	398.584		18.66		7,438
Band 8	13,428.495		18.22		244,667
Band 9	150,586.334		17.63		2,654,837
Band 10	5,628.605		17.20		96,812
Band 17	788,650.327		13.90		10,962,240
Band 19	22,887.934		13.77		315,167
Band 20	354,262.419		13.46		4,768,372
Band 22	17,189.308		13.33		229,133
Band 24	570,307.786		13.72		7,824,623
Band 25	912,812.627		13.55		12,368,611
Band 26	18,562.072		13.42		249,103
Band 27	48,389.173		13.20		638,737
Band 28	156,255.207		13.16		2,056,319
Band 30	35,063.850		13.11		459,687
Band 31	5,226.573		13.02		68,050
Band 34	206,010.437		12.10		2,492,726
Band 35	62,121.702		12.01		746,082
	4,064,336.756			$	59,499,028


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Pioneer Fund Portfolio - Service Class
Contracts in accumulation period:
Band 6	3,332.382	$	11.89	$	39,622
Band 9	3,922.021		11.56		45,339
Band 17	8,421.023		11.75		98,947
Band 20	544.394		11.42		6,217
Band 24	3,567.644		11.62		41,456
Band 25	3,337.547		11.48		38,315
Band 30	7,180.152		9.46		67,924
Band 34	1,904.379		9.64		18,358
	32,209.542			$	356,178
ING Pioneer Mid Cap Value Portfolio - Service Class
Contracts in accumulation period:
Band 1	2,412.267	$	11.99	$	28,923
Band 3	28,238.100		11.88		335,469
Band 6	173,586.820		11.99		2,081,306
Band 7	61.822		11.88		734
Band 8	137.828		11.78		1,624
Band 9	26,321.495		11.65		306,645
Band 17	203,285.195		11.85		2,408,930
Band 19	1,093.645		11.75		12,850
Band 20	34,498.947		11.51		397,083
Band 22	3,478.058		11.41		39,685
Band 24	65,443.702		11.71		766,346
Band 25	37,311.237		11.58		432,064
Band 26	11,268.231		11.48		129,359
Band 27	3,058.706		11.31		34,594
Band 28	3,339.233		11.28		37,667
Band 29	1,416.455		11.18		15,836
Band 30	105,322.745		9.70		1,021,631
Band 31	88,574.954		9.63		852,977
Band 34	3,030.687		10.12		30,671
Band 35	1,223.774		10.04		12,287
	793,103.901			$	8,946,681
ING Retirement Conservative Portfolio - Adviser Class
Contracts in accumulation period:
Band 6	98,624.675	$	8.86	$	873,815
Band 9	15,947.966		8.81		140,502
Band 17	51,960.234		8.84		459,328
Band 20	23,372.350		8.78		205,209
Band 22	310.713		8.77		2,725
Band 24	198,267.655		8.82		1,748,721
Band 25	115,390.448		8.80		1,015,436
Band 27	4,080.467		8.75		35,704
Band 28	21,260.809		8.75		186,032
Band 34	174,367.868		8.87		1,546,643
Band 35	145,066.560		8.84		1,282,388
	848,649.745			$	7,496,503


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Retirement Growth Portfolio - Adviser Class
Contracts in accumulation period:
Band 5	1,020.387	$	10.36	$	10,571
Band 6	2,727,129.309		10.33		28,171,246
Band 8	5,504.677		10.30		56,698
Band 9	304,281.497		10.27		3,124,971
Band 17	2,923,138.354		10.31		30,137,556
Band 19	86,630.316		10.29		891,426
Band 20	307,511.870		10.25		3,151,997
Band 22	24,168.613		10.23		247,245
Band 24	2,127,798.534		10.28		21,873,769
Band 25	1,547,037.143		10.26		15,872,601
Band 26	103,303.525		10.24		1,057,828
Band 27	127,690.226		10.21		1,303,717
Band 28	68,124.814		10.20		694,873
Band 34	140,258.484		10.35		1,451,675
Band 35	147,042.671		10.31		1,516,010
	10,640,640.420			$	109,562,183
ING Retirement Moderate Growth Portfolio - Adviser Class
Contracts in accumulation period:
Band 3	3,138.108	$	10.54	$	33,076
Band 5	22,867.166		10.59		242,163
Band 6	2,072,257.822		10.56		21,883,043
Band 8	3,467.940		10.52		36,483
Band 9	350,829.137		10.50		3,683,706
Band 17	2,248,046.699		10.54		23,694,412
Band 19	205,476.117		10.52		2,161,609
Band 20	375,200.341		10.47		3,928,348
Band 22	9,790.614		10.45		102,312
Band 24	1,672,023.431		10.51		17,572,966
Band 25	834,539.167		10.48		8,745,970
Band 26	83,497.755		10.46		873,387
Band 27	89,169.539		10.43		930,038
Band 28	53,608.076		10.43		559,132
Band 34	350,050.084		10.57		3,700,029
Band 35	133,933.927		10.54		1,411,664
	8,507,895.923			$	89,558,338


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Retirement Moderate Portfolio - Adviser Class
Contracts in accumulation period:
Band 3	1,526.392	$	10.65	$	16,256
Band 4	2,563.212		10.65		27,298
Band 5	13,961.532		10.70		149,388
Band 6	807,777.485		10.67		8,618,986
Band 8	14,822.186		10.63		157,560
Band 9	231,239.119		10.61		2,453,447
Band 10	804.266		10.59		8,517
Band 17	958,680.188		10.64		10,200,357
Band 19	60,355.580		10.62		640,976
Band 20	163,847.919		10.58		1,733,511
Band 22	56,431.701		10.56		595,919
Band 24	866,463.213		10.62		9,201,839
Band 25	1,001,633.941		10.59		10,607,303
Band 26	57,969.043		10.57		612,733
Band 27	15,794.307		10.54		166,472
Band 28	26,084.352		10.53		274,668
Band 34	381,255.051		10.68		4,071,804
Band 35	256,914.349		10.65		2,736,138
	4,918,123.836			$	52,273,172
ING T. Rowe Price Capital Appreciation Portfolio - Service
Class
Contracts in accumulation period:
Band 1	1,725.254	$	53.54	$	92,370
Band 3	8,707.096		51.80		451,028
Band 5	1,355.121		13.79		18,687
Band 6	1,070,805.136		13.63		14,595,074
Band 7	1,038.165		13.51		14,026
Band 9	54,153.063		13.25		717,528
Band 10	1,994.346		13.13		26,186
Band 17	493,392.965		13.47		6,646,003
Band 19	23,208.243		13.36		310,062
Band 20	155,345.490		13.09		2,033,472
Band 22	9,218.683		12.98		119,659
Band 24	301,776.365		13.32		4,019,661
Band 25	150,019.434		13.17		1,975,756
Band 26	15,248.054		13.05		198,987
Band 27	2,353.921		12.86		30,271
Band 28	29,370.521		12.82		376,530
Band 30	62,662.375		10.76		674,247
Band 31	6,992.358		10.70		74,818
Band 34	104,289.911		11.00		1,147,189
Band 35	34,513.384		10.92		376,886
	2,528,169.885			$	33,898,440


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING T. Rowe Price Equity Income Portfolio - Service Class
Contracts in accumulation period:
Band 1	1,880.375	$	32.01	$	60,191
Band 3	10,014.329		30.97		310,144
Band 6	159,225.146		12.24		1,948,916
Band 7	60.989		12.11		739
Band 9	44,643.817		11.83		528,136
Band 10	140.195		11.72		1,643
Band 17	138,071.350		11.90		1,643,049
Band 19	9,626.585		11.78		113,401
Band 20	29,182.570		11.52		336,183
Band 22	3,781.151		11.41		43,143
Band 24	110,202.729		11.75		1,294,882
Band 25	130,386.003		11.60		1,512,478
Band 26	7,885.914		11.48		90,530
Band 27	5,494.191		11.30		62,084
Band 28	2,971.639		11.26		33,461
Band 30	69,487.948		9.18		637,899
Band 31	71,610.610		9.12		653,089
Band 34	59,842.322		9.51		569,100
Band 35	4,046.282		9.44		38,197
	858,554.145			$	9,877,265
ING Templeton Global Growth Portfolio - Service Class
Contracts in accumulation period:
Band 1	1,916.393	$	22.62	$	43,349
Band 3	16,909.395		22.00		372,007
Band 6	138,313.549		11.61		1,605,820
Band 8	11,042.075		11.41		125,990
Band 9	61,700.887		11.28		695,986
Band 17	84,466.778		11.47		968,834
Band 19	4,827.562		11.37		54,889
Band 20	9,255.880		11.14		103,111
Band 22	1,867.618		11.05		20,637
Band 24	91,455.184		11.34		1,037,102
Band 25	41,099.594		11.21		460,726
Band 26	909.023		11.11		10,099
Band 27	1,947.225		10.95		21,322
Band 28	4,717.740		10.92		51,518
Band 34	17,865.029		9.16		163,644
Band 35	1,665.250		9.09		15,137
	489,959.182			$	5,750,171


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Van Kampen Growth and Income Portfolio - Service
Class
Contracts in accumulation period:
Band 1	103.258	$	30.13	$	3,111
Band 2	563.842		10.47		5,903
Band 3	19,319.040		29.36		567,207
Band 4	52.270		10.39		543
Band 5	1,499.210		11.88		17,811
Band 6	61,942.274		11.75		727,822
Band 9	11,376.551		11.42		129,920
Band 10	146.125		11.32		1,654
Band 17	59,663.015		11.61		692,688
Band 19	2,566.792		11.51		29,544
Band 20	5,889.539		11.28		66,434
Band 22	1,784.811		11.18		19,954
Band 24	26,272.955		11.48		301,614
Band 25	12,443.636		11.35		141,235
Band 26	7,317.830		11.25		82,326
Band 27	529.335		11.09		5,870
Band 34	1,434.677		9.83		14,103
Band 35	296.449		9.76		2,893
	213,201.609			$	2,810,632
ING Wells Fargo HealthCare Portfolio - Service Class
Contracts in accumulation period:
Band 1	417.802	$	11.99	$	5,009
Band 3	433.052		11.89		5,149
Band 5	3,575.377		11.66		41,689
Band 6	126,568.370		11.50		1,455,536
Band 8	1,372.004		11.27		15,462
Band 9	11,610.559		11.12		129,109
Band 17	114,720.728		12.38		1,420,243
Band 19	733.488		12.26		8,993
Band 20	17,951.756		11.99		215,242
Band 22	241.056		11.87		2,861
Band 24	56,676.378		12.22		692,585
Band 25	58,241.154		12.07		702,971
Band 26	813.295		11.95		9,719
Band 27	20,157.031		11.76		237,047
Band 28	3,503.309		11.72		41,059
Band 34	4,984.714		9.47		47,205
Band 35	3,829.631		9.41		36,037
	425,829.704			$	5,065,916
ING American Century Small-Mid Cap Value Portfolio -
Service Class
Contracts in accumulation period:
Band 30	34,539.137	$	11.40	$	393,746
Band 31	30,170.029		11.33		341,826
	64,709.166			$	735,572


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Baron Small Cap Growth Portfolio - Service Class
Contracts in accumulation period:
Band 5	71.442	$	12.86	$	919
Band 6	309,094.241		12.71		3,928,588
Band 9	14,431.226		12.35		178,226
Band 17	291,671.309		12.57		3,666,308
Band 19	9,617.589		12.46		119,835
Band 20	73,727.258		12.21		900,210
Band 22	2,511.852		12.10		30,393
Band 24	115,744.969		12.42		1,437,553
Band 25	113,942.209		12.28		1,399,210
Band 26	4,775.200		12.17		58,114
Band 27	5,393.062		12.00		64,717
Band 28	14,057.666		11.96		168,130
Band 30	63,374.060		10.15		643,247
Band 31	48,050.618		10.08		484,350
Band 34	21,376.918		10.67		228,092
Band 35	3,258.270		10.60		34,538
	1,091,097.889			$	13,342,430
ING Columbia Small Cap Value Portfolio - Service Class
Contracts in accumulation period:
Band 6	94,735.781	$	10.15	$	961,568
Band 9	6,380.952		9.91		63,235
Band 17	95,623.639		10.05		961,018
Band 19	682.664		9.98		6,813
Band 20	26,156.063		9.82		256,853
Band 22	916.471		9.75		8,936
Band 24	84,893.734		9.96		845,542
Band 25	63,666.930		9.86		627,756
Band 26	7,504.376		9.79		73,468
Band 27	11,386.230		9.68		110,219
Band 28	13,769.275		9.65		132,874
Band 29	826.513		9.58		7,918
Band 34	1,449.386		10.78		15,624
Band 35	2,655.869		10.70		28,418
	410,647.883			$	4,100,242


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Davis New York Venture Portfolio - Service Class
Contracts in accumulation period:
Band 6	220,935.253	$	9.90	$	2,187,259
Band 7	1,161.913		9.82		11,410
Band 9	36,975.994		9.65		356,818
Band 17	267,719.963		9.79		2,620,978
Band 19	810.709		9.72		7,880
Band 20	29,057.426		9.54		277,208
Band 22	8,564.267		9.47		81,104
Band 24	202,103.087		9.69		1,958,379
Band 25	152,688.275		9.59		1,464,281
Band 26	6,808.501		9.52		64,817
Band 27	25,585.573		9.39		240,249
Band 28	6,601.961		9.37		61,860
Band 30	19,179.352		9.08		174,149
Band 31	29,191.534		9.02		263,308
Band 34	6,676.633		9.31		62,159
Band 35	5,362.211		9.25		49,600
	1,019,422.652			$	9,881,459
ING JPMorgan Mid Cap Value Portfolio - Service Class
Contracts in accumulation period:
Band 5	1,730.853	$	17.71	$	30,653
Band 6	59,928.528		17.41		1,043,356
Band 7	89.587		17.18		1,539
Band 8	2,828.346		16.96		47,969
Band 9	15,152.796		16.67		252,597
Band 10	1,270.401		16.45		20,898
Band 17	18,747.939		13.72		257,222
Band 19	2,731.505		13.59		37,121
Band 20	8,253.261		13.28		109,603
Band 24	25,644.346		13.54		347,224
Band 25	33,146.505		13.37		443,169
Band 26	528.373		13.24		6,996
Band 27	6,881.429		13.03		89,665
Band 28	7,574.728		12.98		98,320
Band 30	7,050.415		10.25		72,267
Band 31	17,206.440		10.18		175,162
Band 34	33,304.312		10.45		348,030
Band 35	8,077.616		10.38		83,846
	250,147.380			$	3,465,637


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Legg Mason ClearBridge Aggressive Growth Portfolio -
Service Class
Contracts in accumulation period:
Band 5	574.488	$	13.13	$	7,543
Band 6	18,898.767		12.93		244,361
Band 8	1,179.946		12.65		14,926
Band 9	3,905.587		12.47		48,703
Band 17	37,649.704		12.08		454,808
Band 19	491.280		11.96		5,876
Band 20	4,538.664		11.69		53,057
Band 22	369.082		11.58		4,274
Band 24	28,772.141		11.92		342,964
Band 25	10,589.034		11.77		124,633
Band 26	6,799.327		11.66		79,280
Band 28	861.168		11.43		9,843
	114,629.188			$	1,390,268
ING Oppenheimer Global Portfolio - Initial Class
Contracts in accumulation period:
Band 5	2,047.582	$	13.88	$	28,420
Band 6	1,834.878		13.72		25,175
Band 8	1,721.996		13.49		23,230
Band 9	917.967		13.33		12,237
Band 17	4,362.954		13.56		59,162
Band 20	1,610.643		13.17		21,212
Band 24	485.339		13.41		6,508
	12,981.359			$	175,944
ING Oppenheimer Global Portfolio - Service Class
Contracts in accumulation period:
Band 3	1,504.160	$	13.40	$	20,156
Band 5	104.076		15.80		1,644
Band 6	133,273.142		15.52		2,068,399
Band 8	10,131.778		15.12		153,192
Band 9	56,902.580		14.86		845,572
Band 17	104,996.593		14.55		1,527,700
Band 19	5,555.439		14.41		80,054
Band 20	37,149.530		14.09		523,437
Band 22	4,560.159		13.96		63,660
Band 24	132,452.514		14.37		1,903,343
Band 25	39,251.565		14.18		556,587
Band 26	8,674.106		14.05		121,871
Band 27	8,035.261		13.82		111,047
Band 28	2,541.666		13.77		34,999
Band 30	58,034.609		9.83		570,480
Band 31	22,699.985		9.77		221,779
Band 34	1,833.860		10.31		18,907
Band 35	1,299.554		10.24		13,307
	629,000.577			$	8,836,134


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Oppenheimer Global Strategic Income Portfolio - Service
Class
Contracts in accumulation period:
Band 30	4,426.139	$	12.12	$	53,645
Band 31	6,045.409		12.04		72,787
	10,471.548			$	126,432
ING PIMCO Total Return Portfolio - Service Class
Contracts in accumulation period:
Band 30	12,532.593	$	12.45	$	156,031
Band 31	5,404.151		12.37		66,849
	17,936.744			$	222,880
ING Solution 2015 Portfolio - Service Class
Contracts in accumulation period:
Band 30	5,293.946	$	10.06	$	53,257
Band 31	15,323.934		9.99		153,086
	20,617.880			$	206,343
ING Solution 2025 Portfolio - Service Class
Contracts in accumulation period:
Band 30	57,111.960	$	9.65	$	551,130
Band 31	61,756.021		9.58		591,623
	118,867.981			$	1,142,753
ING Solution 2035 Portfolio - Service Class
Contracts in accumulation period:
Band 30	3,587.542	$	9.53	$	34,189
Band 31	10,049.233		9.47		95,166
	13,636.775			$	129,355
ING Solution 2045 Portfolio - Service Class
Contracts in accumulation period:
Band 30	2,114.347	$	9.34	$	19,748

ING Solution Income Portfolio - Service Class
Contracts in accumulation period:
Band 31	9,590.005	$	10.67	$	102,325

ING T. Rowe Price Diversified Mid Cap Growth Portfolio -
Service Class
Contracts in accumulation period:
Band 30	112,108.913	$	11.14	$	1,248,893
Band 31	44,842.455		11.06		495,958
	156,951.368			$	1,744,851


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING T. Rowe Price Growth Equity Portfolio - Service Class
Contracts in accumulation period:
Band 6	74,200.738	$	9.40	$	697,487
Band 9	1,327.276		9.23		12,251
Band 17	150,971.110		9.33		1,408,560
Band 19	4,514.975		9.28		41,899
Band 20	33,556.729		9.16		307,380
Band 22	3,537.135		9.10		32,188
Band 24	30,536.670		9.26		282,770
Band 25	40,514.004		9.19		372,324
Band 28	367.188		9.04		3,319
Band 30	26,179.716		10.04		262,844
Band 31	54,213.194		9.97		540,506
Band 34	2,860.802		10.32		29,523
	422,779.537			$	3,991,051
ING Templeton Foreign Equity Portfolio - Service Class
Contracts in accumulation period:
Band 3	2,612.592	$	10.36	$	27,066
Band 5	820.768		10.53		8,643
Band 6	152,609.582		10.43		1,591,718
Band 8	27,841.166		10.28		286,207
Band 9	161,981.014		10.19		1,650,587
Band 17	256,438.136		10.33		2,649,006
Band 19	6,164.442		10.26		63,247
Band 20	41,310.205		10.09		416,820
Band 22	1,137.646		10.02		11,399
Band 24	100,646.978		10.23		1,029,619
Band 25	90,588.753		10.14		918,570
Band 26	1,944.488		10.06		19,562
Band 27	1,454.616		9.94		14,459
Band 28	2,017.494		9.92		20,014
Band 30	25,935.249		8.76		227,193
Band 31	15,711.924		8.72		137,008
Band 34	2,700.245		9.10		24,572
Band 35	2,888.002		9.03		26,079
	894,803.300			$	9,121,769
ING Thornburg Value Portfolio - Initial Class
Contracts in accumulation period:
Band 9	212.885	$	9.48	$	2,018

ING Thornburg Value Portfolio - Service Class
Contracts in accumulation period:
Band 30	7,711.554	$	9.67	$	74,571
Band 31	16,940.164		9.60		162,626
	24,651.718			$	237,197


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING UBS U.S. Large Cap Equity Portfolio - Service Class
Contracts in accumulation period:
Band 5	598.366	$	11.79	$	7,055
Band 6	10,117.877		11.63		117,671
Band 8	146.022		11.40		1,665
Band 9	1,432.159		11.25		16,112
Band 17	13,605.755		11.45		155,786
Band 20	1,962.730		11.09		21,767
Band 22	35.553		10.98		390
Band 24	6,324.735		11.30		71,470
Band 25	1,251.230		11.16		13,964
Band 26	571.157		11.05		6,311
Band 30	10,018.657		8.75		87,663
Band 31	11,957.878		8.69		103,914
	58,022.119			$	603,768
ING Van Kampen Comstock Portfolio - Service Class
Contracts in accumulation period:
Band 5	6,195.795	$	12.75	$	78,996
Band 6	59,231.449		12.52		741,578
Band 8	634.131		12.20		7,736
Band 9	4,753.230		11.99		56,991
Band 17	84,540.488		11.25		951,080
Band 19	13,264.482		11.14		147,766
Band 20	50,759.251		10.89		552,768
Band 22	5,344.656		10.78		57,615
Band 24	81,698.585		11.10		906,854
Band 25	80,115.999		10.96		878,071
Band 26	2,967.854		10.85		32,201
Band 27	389.989		10.68		4,165
Band 28	6,938.016		10.64		73,820
Band 29	1,878.082		10.54		19,795
Band 30	43.235		8.91		385
Band 35	2,089.292		9.54		19,932
	400,844.534			$	4,529,753


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Van Kampen Equity and Income Portfolio - Service
Class
Contracts in accumulation period:
Band 3	8,062.258	$	12.31	$	99,246
Band 6	50,493.516		12.42		627,129
Band 8	362.123		12.21		4,422
Band 9	24,890.732		12.07		300,431
Band 10	811.632		11.97		9,715
Band 17	86,075.005		12.28		1,057,001
Band 19	2,338.807		12.17		28,463
Band 20	53,561.174		11.93		638,985
Band 22	3,637.690		11.82		42,997
Band 24	57,486.645		12.14		697,888
Band 25	21,434.304		12.00		257,212
Band 27	695.808		11.72		8,155
Band 28	6,553.080		11.68		76,540
Band 30	38,057.136		10.37		394,653
Band 31	6,811.108		10.30		70,154
Band 34	9,741.833		10.57		102,971
Band 35	1,573.898		10.49		16,510
	372,586.749			$	4,432,472
ING Strategic Allocation Conservative Portfolio - Class S
Contracts in accumulation period:
Band 31	32.414	$	9.93	$	322

ING Strategic Allocation Growth Portfolio - Class S
Contracts in accumulation period:
Band 30	3,666.737	$	9.19	$	33,697
Band 31	10,745.574		9.13		98,107
	14,412.311			$	131,804
ING Strategic Allocation Moderate Portfolio - Class S
Contracts in accumulation period:
Band 30	1,798.980	$	9.59	$	17,252
Band 31	1,533.637		9.52		14,600
	3,332.617			$	31,852
ING Growth and Income Portfolio - Class I
Contracts in accumulation period:
Band 2	36,310.100	$	8.89	$	322,797
Band 4	116,644.719		8.85		1,032,306
	152,954.819			$	1,355,103


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Growth and Income Portfolio - Class S
Contracts in accumulation period:
Band 1	3,263.938	$	8.82	$	28,788
Band 3	20,852.023		8.78		183,081
Band 5	3,139.536		8.88		27,879
Band 6	151,790.323		8.82		1,338,791
Band 8	4,071.913		8.74		35,589
Band 9	25,328.427		8.69		220,104
Band 17	115,127.454		8.77		1,009,668
Band 19	108.513		8.73		947
Band 20	23,712.696		8.63		204,641
Band 22	5,504.697		8.59		47,285
Band 24	119,467.225		8.71		1,040,560
Band 25	42,514.978		8.66		368,180
Band 26	7,063.309		8.61		60,815
Band 28	1,018.437		8.53		8,687
Band 30	9,694.248		9.62		93,259
Band 31	11,854.913		9.56		113,333
Band 34	27,499.391		9.47		260,419
Band 35	526.508		9.41		4,954
	572,538.529			$	5,046,980
ING GET U.S. Core Portfolio - Series 5
Contracts in accumulation period:
Band 5	11,192.801	$	10.71	$	119,875
Band 6	41,366.543		10.57		437,244
Band 8	59,030.967		10.36		611,561
Band 9	75,582.451		10.23		773,208
Band 10	8.306		10.12		84
Band 17	6,381.301		10.45		66,685
	193,562.369			$	2,008,657
ING GET U.S. Core Portfolio - Series 6
Contracts in accumulation period:
Band 5	5,640.591	$	10.48	$	59,113
Band 6	13,660.348		10.35		141,385
Band 8	1,602.285		10.15		16,263
Band 9	32,336.436		10.02		324,011
Band 17	7,083.872		10.21		72,326
Band 20	28,976.060		9.89		286,573
Band 22	2,072.017		9.80		20,306
	91,371.609			$	919,977
ING GET U.S. Core Portfolio - Series 7
Contracts in accumulation period:
Band 6	40,544.947	$	10.32	$	418,424
Band 8	83.162		10.13		842
Band 9	144,517.947		10.01		1,446,625
Band 17	14,851.399		10.19		151,336
Band 20	22,510.399		9.88		222,403
	222,507.854			$	2,239,630


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING GET U.S. Core Portfolio - Series 8
Contracts in accumulation period:
Band 6	10,135.697	$	10.36	$	105,006
Band 8	1,054.150		10.18		10,731
Band 9	13,247.042		10.06		133,265
Band 10	2,624.738		9.97		26,169
Band 20	10,045.346		9.94		99,851
	37,106.973			$	375,022
ING GET U.S. Core Portfolio - Series 9
Contracts in accumulation period:
Band 5	39.382	$	10.56	$	416
Band 6	8,735.444		10.44		91,198
Band 9	217.068		10.16		2,205
Band 17	3,980.839		10.33		41,122
Band 20	6,815.419		10.04		68,427
	19,788.152			$	203,368
ING GET U.S. Core Portfolio - Series 10
Contracts in accumulation period:
Band 5	509.775	$	10.42	$	5,312
Band 9	27.933		10.03		280
	537.708			$	5,592
ING GET U.S. Core Portfolio - Series 11
Contracts in accumulation period:
Band 5	5,253.354	$	10.67	$	56,053
Band 6	2,053.848		10.56		21,689
Band 8	2,127.796		10.40		22,129
Band 9	3,005.347		10.29		30,925
Band 17	10,096.026		10.45		105,503
	22,536.371			$	236,299
ING GET U.S. Core Portfolio - Series 12
Contracts in accumulation period:
Band 8	129.664	$	10.47	$	1,358
Band 9	4,543.144		10.36		47,067
Band 17	310.648		10.51		3,265
Band 20	208.269		10.26		2,137
	5,191.725			$	53,827
ING GET U.S. Core Portfolio - Series 13
Contracts in accumulation period:
Band 9	47,895.620	$	10.31	$	493,804
Band 17	10,757.068		10.45		112,411
Band 20	4,004.011		10.21		40,881
	62,656.699			$	647,096


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING GET U.S. Core Portfolio - Series 14
Contracts in accumulation period:
Band 5	9,258.721	$	10.70	$	99,068
Band 6	22,257.573		10.62		236,375
Band 8	33,318.014		10.49		349,506
Band 9	233,053.258		10.41		2,426,084
Band 10	34,574.711		10.34		357,503
Band 17	46,884.272		10.53		493,691
Band 19	5,987.218		10.47		62,686
Band 20	440,071.374		10.32		4,541,537
Band 22	5,417.124		10.25		55,526
	830,822.265			$	8,621,976
ING BlackRock Science and Technology Opportunities
Portfolio - Class S
Contracts in accumulation period:
Band 1	1,358.969	$	11.45	$	15,560
Band 5	94.460		11.51		1,087
Band 6	131,508.086		11.45		1,505,768
Band 9	18,792.807		11.29		212,171
Band 17	189,671.214		11.38		2,158,458
Band 19	14,891.081		11.34		168,865
Band 20	50,067.232		11.23		562,255
Band 22	3,398.145		11.18		37,991
Band 24	75,194.708		11.32		851,204
Band 25	90,871.057		11.26		1,023,208
Band 26	779.182		11.21		8,735
Band 27	19,608.256		11.14		218,436
Band 28	12,626.597		11.12		140,408
Band 30	10,499.815		11.61		121,903
Band 31	31,164.134		11.53		359,322
Band 34	6,919.537		11.48		79,436
Band 35	4,374.498		11.40		49,869
	661,819.778			$	7,514,676
ING Euro STOXX 50 Index Portfolio - Class A
Contracts in accumulation period:
Band 6	1,457.220	$	8.81	$	12,838
Band 24	2,670.183		8.76		23,391
Band 25	2,237.622		8.74		19,557
Band 34	2,820.226		8.82		24,874
Band 35	454.722		8.79		3,997
	9,639.973			$	84,657


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Hang Seng Index Portfolio - Class S
Contracts in accumulation period:
Band 6	43,038.080	$	13.78	$	593,065
Band 9	9.444		13.66		129
Band 17	16,713.186		13.73		229,472
Band 19	4,004.631		13.70		54,863
Band 20	5,995.141		13.61		81,594
Band 22	229.596		13.58		3,118
Band 24	78,686.922		13.68		1,076,437
Band 25	19,154.023		13.64		261,261
Band 26	1,396.415		13.60		18,991
Band 27	24,090.302		13.54		326,183
Band 28	918.665		13.53		12,430
Band 34	778.909		13.80		10,749
Band 35	1,207.791		13.74		16,595
	196,223.105			$	2,684,887
ING Index Plus LargeCap Portfolio - Class S
Contracts in accumulation period:
Band 4	278.681	$	9.62	$	2,681
Band 5	7,767.337		10.22		79,382
Band 6	69,461.720		10.02		696,006
Band 7	117.243		9.88		1,158
Band 8	4,824.614		9.74		46,992
Band 9	12,719.418		9.56		121,598
Band 10	281.792		9.42		2,654
Band 17	109,968.208		11.08		1,218,448
Band 19	66.466		10.97		729
Band 20	8,858.746		10.73		95,054
Band 22	74.379		10.62		790
Band 24	40,130.356		10.94		439,026
Band 25	50,186.556		10.80		542,015
Band 26	3,118.514		10.69		33,337
Band 27	295.021		10.52		3,104
Band 30	21,451.787		8.96		192,208
Band 31	54,315.506		8.90		483,408
	383,916.344			$	3,958,590


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Index Plus MidCap Portfolio - Class S
Contracts in accumulation period:
Band 4	81.615	$	10.62	$	867
Band 5	1,445.280		15.39		22,243
Band 6	87,678.246		15.10		1,323,942
Band 8	5,611.905		14.68		82,383
Band 9	9,980.100		14.40		143,713
Band 10	138.846		14.19		1,970
Band 17	128,494.999		13.25		1,702,559
Band 19	2,358.027		13.13		30,961
Band 20	15,039.751		12.83		192,960
Band 22	1,078.976		12.71		13,714
Band 24	74,086.399		13.08		969,050
Band 25	53,593.641		12.92		692,430
Band 26	2,716.340		12.79		34,742
Band 27	12,092.454		12.59		152,244
Band 28	1,187.277		12.54		14,888
Band 30	68,677.218		10.02		688,146
Band 31	74,480.749		9.96		741,828
	538,741.823			$	6,808,640
ING Index Plus SmallCap Portfolio - Class S
Contracts in accumulation period:
Band 2	58.387	$	9.89	$	577
Band 3	522.653		11.40		5,958
Band 4	29.390		9.81		288
Band 5	217.623		15.17		3,301
Band 6	53,540.399		14.88		796,681
Band 7	92.038		14.67		1,350
Band 8	6,930.303		14.47		100,281
Band 9	19,652.275		14.19		278,866
Band 17	125,754.855		12.38		1,556,845
Band 19	2,719.081		12.27		33,363
Band 20	2,905.857		11.99		34,841
Band 22	669.946		11.88		7,959
Band 24	104,082.089		12.23		1,272,924
Band 25	51,595.762		12.07		622,761
Band 26	2,415.032		11.95		28,860
Band 27	12,679.224		11.76		149,108
Band 28	608.683		11.72		7,134
Band 30	26,376.557		9.49		250,314
Band 31	61,880.772		9.42		582,917
	472,730.926			$	5,734,328


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING International Index Portfolio - Class S
Contracts in accumulation period:
Band 3	88.105	$	14.77	$	1,301
Band 6	235,673.885		8.12		1,913,672
Band 7	269.808		8.09		2,183
Band 8	82.918		8.06		668
Band 9	15,403.195		8.01		123,380
Band 17	49,547.761		8.08		400,346
Band 19	371.718		8.04		2,989
Band 20	3,689.138		7.97		29,402
Band 22	157.710		7.93		1,251
Band 24	23,155.765		8.03		185,941
Band 25	53,047.615		7.99		423,850
Band 26	3,142.716		7.95		24,985
Band 27	3,418.590		7.90		27,007
Band 28	570.535		7.89		4,502
Band 30	18,570.581		14.88		276,330
Band 31	33,702.047		14.82		499,464
Band 34	30,746.677		8.15		250,585
Band 35	89.099		8.09		721
	471,727.863			$	4,168,577
ING Japan TOPIX Index® Portfolio - Class A
Contracts in accumulation period:
Band 6	1,226.040	$	11.07	$	13,572
Band 24	550.187		11.01		6,058
	1,776.227			$	19,630
ING Russell™ Large Cap Growth Index Portfolio - Class S
Contracts in accumulation period:
Band 5	2,735.152	$	14.16	$	38,730
Band 6	29,563.432		14.11		417,140
Band 8	715.076		14.04		10,040
Band 9	10,937.675		13.99		153,018
Band 17	6,867.894		14.06		96,563
Band 19	525.897		14.02		7,373
Band 20	2,003.795		13.94		27,933
Band 22	365.503		13.90		5,080
Band 24	28,740.472		14.01		402,654
Band 25	2,493.461		13.96		34,809
Band 28	1,057.183		13.85		14,642
Band 30	302.370		14.17		4,285
Band 31	773.899		14.12		10,927
Band 34	6,944.429		14.13		98,125
	94,026.238			$	1,321,319


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Russell™ Large Cap Index Portfolio - Class S
Contracts in accumulation period:
Band 1	424.505	$	14.24	$	6,045
Band 2	15,685.288		13.00		203,909
Band 3	27,210.803		14.21		386,666
Band 4	43,139.248		12.97		559,516
Band 5	1,637.229		9.11		14,915
Band 6	184,712.573		9.06		1,673,496
Band 8	10,189.468		8.99		91,603
Band 9	75,899.613		8.94		678,543
Band 17	139,431.179		9.01		1,256,275
Band 19	8,506.476		8.97		76,303
Band 20	42,461.206		8.89		377,480
Band 22	4,590.610		8.85		40,627
Band 24	47,019.501		8.96		421,295
Band 25	98,935.536		8.91		881,516
Band 26	552.143		8.87		4,898
Band 27	7,533.160		8.81		66,367
Band 28	10,192.800		8.80		89,697
Band 34	39,190.086		9.09		356,238
Band 35	4,244.239		9.02		38,283
	761,555.663			$	7,223,672
ING Russell™ Large Cap Value Index Portfolio - Class S
Contracts in accumulation period:
Band 5	261.251	$	13.79	$	3,603
Band 6	43,274.082		13.75		595,019
Band 8	2,412.612		13.67		32,980
Band 9	6,948.967		13.63		94,714
Band 17	25,236.880		13.70		345,745
Band 19	4,135.810		13.66		56,495
Band 20	2,833.280		13.58		38,476
Band 22	777.891		13.54		10,533
Band 24	25,871.224		13.65		353,142
Band 25	2,681.546		13.60		36,469
Band 26	648.665		13.57		8,802
Band 27	1,259.546		13.51		17,016
Band 28	360.533		13.49		4,864
Band 34	12,202.683		13.77		168,031
	128,904.970			$	1,765,889


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Russell™ Mid Cap Growth Index Portfolio - Class S
Contracts in accumulation period:
Band 1	4,055.878	$	16.17	$	65,584
Band 3	17,051.334		16.13		275,038
Band 6	53,583.883		16.17		866,451
Band 9	19,851.005		16.03		318,212
Band 17	86,962.597		16.11		1,400,967
Band 19	1,987.709		16.07		31,942
Band 20	8,616.751		15.97		137,610
Band 22	958.842		15.93		15,274
Band 24	27,711.247		16.06		445,043
Band 25	27,677.579		16.00		442,841
Band 26	5,064.414		15.96		80,828
Band 27	3,014.240		15.89		47,896
Band 28	1,155.767		15.87		18,342
Band 34	22,976.679		16.20		372,222
Band 35	1,780.436		16.13		28,718
	282,448.361			$	4,546,968
ING Russell™ Mid Cap Index Portfolio - Class S
Contracts in accumulation period:
Band 5	79.250	$	10.50	$	832
Band 6	120,720.877		10.44		1,260,326
Band 7	79.398		10.40		826
Band 9	13,648.164		10.30		140,576
Band 17	35,194.501		10.39		365,671
Band 20	3,482.921		10.24		35,665
Band 24	51,280.379		10.33		529,726
Band 25	16,377.728		10.27		168,199
Band 26	166.804		10.23		1,706
Band 27	4,745.354		10.16		48,213
Band 34	16,537.598		10.47		173,149
	262,312.974			$	2,724,889
ING Russell™ Small Cap Index Portfolio - Class S
Contracts in accumulation period:
Band 3	41.957	$	10.80	$	453
Band 5	3,530.281		10.90		38,480
Band 6	66,943.435		10.84		725,667
Band 9	4,560.456		10.69		48,751
Band 10	1,816.461		10.65		19,345
Band 17	35,044.672		10.78		377,782
Band 20	9,036.591		10.63		96,059
Band 24	46,332.410		10.72		496,683
Band 25	40,357.242		10.66		430,208
Band 26	769.243		10.62		8,169
Band 27	7,858.476		10.54		82,828
Band 28	373.120		10.53		3,929
Band 34	22,311.680		10.87		242,528
Band 35	477.468		10.80		5,157
	239,453.492			$	2,576,039


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING Small Company Portfolio - Class S
Contracts in accumulation period:
Band 1	460.641	$	10.62	$	4,892
Band 6	29,479.576		11.01		324,570
Band 9	11,716.588		10.86		127,242
Band 17	24,373.860		10.95		266,894
Band 20	9,437.556		10.80		101,926
Band 22	908.617		10.76		9,777
Band 24	15,246.912		10.89		166,039
Band 25	20,763.365		10.83		224,867
Band 27	1,935.007		10.71		20,724
Band 28	358.535		10.70		3,836
Band 30	115,801.801		10.69		1,237,921
Band 31	61,984.608		10.61		657,657
Band 34	4,607.334		11.04		50,865
Band 35	4,628.051		10.97		50,770
	301,702.451			$	3,247,980
ING U.S. Bond Index Portfolio - Class S
Contracts in accumulation period:
Band 5	601.268	$	11.19	$	6,728
Band 6	71,589.774		11.13		796,794
Band 7	614.509		11.08		6,809
Band 8	4,313.485		11.04		47,621
Band 9	40,785.321		10.98		447,823
Band 17	101,779.969		11.07		1,126,704
Band 19	728.448		11.02		8,027
Band 20	18,039.481		10.92		196,991
Band 22	221.772		10.87		2,411
Band 24	74,410.756		11.01		819,262
Band 25	76,715.762		10.95		840,038
Band 26	989.508		10.90		10,786
Band 27	20,126.108		10.82		217,764
Band 28	5,405.875		10.81		58,438
Band 30	49,749.143		11.21		557,688
Band 31	3,357.668		11.15		37,438
Band 34	42,738.698		11.16		476,964
Band 35	6,470.218		11.08		71,690
	518,637.763			$	5,729,976


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING WisdomTree^SMGlobal High-Yielding Equity Index
Portfolio - Class S
Contracts in accumulation period:
Band 6	190,222.957	$	8.16	$	1,552,219
Band 9	33,386.548		8.05		268,762
Band 17	88,780.768		8.12		720,900
Band 19	426.827		8.08		3,449
Band 20	47,074.044		8.00		376,592
Band 22	1,583.239		7.96		12,603
Band 24	106,302.683		8.07		857,863
Band 25	63,530.737		8.02		509,517
Band 26	6,915.382		7.98		55,185
Band 27	9,827.785		7.92		77,836
Band 28	11,377.291		7.91		89,994
Band 31	563.241		8.18		4,607
Band 34	10,816.800		8.08		87,400
Band 35	12,600.012		8.02		101,052
	583,408.314			$	4,717,979
ING International Value Portfolio - Class S
Contracts in accumulation period:
Band 30	48,505.036	$	8.14	$	394,831
Band 31	70,551.426		8.09		570,761
	119,056.462			$	965,592
ING MidCap Opportunities Portfolio - Class S
Contracts in accumulation period:
Band 1	10,172.901	$	11.90	$	121,058
Band 2	2,651.033		11.59		30,725
Band 3	47,734.965		11.73		559,931
Band 4	28,335.515		11.54		326,992
Band 6	72,808.573		11.59		843,851
Band 9	1,695.521		11.43		19,380
Band 10	974.471		11.39		11,099
Band 17	99,884.168		11.52		1,150,666
Band 19	1,627.035		11.48		18,678
Band 20	6,955.891		11.37		79,088
Band 24	30,333.114		11.46		347,617
Band 25	26,224.446		11.40		298,959
Band 26	513.583		11.35		5,829
Band 27	4,631.166		11.27		52,193
Band 28	546.403		11.26		6,152
Band 30	39,625.252		12.84		508,788
Band 31	83,825.002		12.75		1,068,769
Band 34	777.126		12.23		9,504
Band 35	1,036.058		12.16		12,598
	460,352.223			$	5,471,877


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
ING SmallCap Opportunities Portfolio - Class S
Contracts in accumulation period:
Band 6	7,985.212	$	15.69	$	125,288
Band 10	110.253		15.12		1,667
Band 17	8,919.513		15.51		138,342
Band 20	4,808.918		15.07		72,470
Band 24	1,521.803		15.33		23,329
Band 25	3,621.011		15.16		54,895
Band 26	1,816.582		15.02		27,285
Band 30	18,127.351		11.28		204,477
Band 31	19,260.669		11.20		215,719
	66,171.312			$	863,472
Invesco V.I. Leisure Fund - Series I Shares
Contracts in accumulation period:
Band 6	754.809	$	12.55	$	9,473
Band 17	198.555		12.23		2,428
Band 20	5,446.531		11.84		64,487
Band 22	1,883.633		11.73		22,095
Band 24	3,202.084		12.07		38,649
Band 25	1,215.646		11.92		14,491
Band 26	1,279.625		11.80		15,100
	13,980.883			$	166,723
Legg Mason ClearBridge Variable Large Cap Value
Portfolio - Class I
Contracts in accumulation period:
Band 2	11,201.809	$	8.23	$	92,191
Band 4	27,561.888		8.18		225,456
	38,763.697			$	317,647
Legg Mason Global Currents Variable International All Cap
Opportunity Portfolio
Contracts in accumulation period:
Band 2	2,445.675	$	13.68	$	33,457
Band 4	6,404.101		13.36		85,559
	8,849.776			$	119,016
Legg Mason Variable Lifestyle Allocation 50%
Contracts in accumulation period:
Band 2	6,914.687	$	17.44	$	120,592
Band 4	65,248.779		17.07		1,113,797
	72,163.466			$	1,234,389
Legg Mason Variable Lifestyle Allocation 70%
Contracts in accumulation period:
Band 2	6,896.803	$	15.00	$	103,452
Band 4	30,446.259		14.69		447,256
	37,343.062			$	550,708


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



Division/Contract	Units		Unit Value		Extended Value
Legg Mason Variable Lifestyle Allocation 85%
Contracts in accumulation period:
Band 2	3,362.251	$	14.64	$	49,223
Band 4	14,431.796		14.34		206,952
	17,794.047			$	256,175
Legg Mason Western Asset Variable High Income Portfolio
Contracts in accumulation period:
Band 2	6,178.827	$	21.68	$	133,957
Band 4	3,557.005		21.17		75,302
	9,735.832			$	209,259
Oppenheimer Main Street Small Cap Fund®/VA - Service
Class
Contracts in accumulation period:
Band 30	7,539.681	$	10.09	$	76,075
Band 31	1,232.314		10.02		12,348
	8,771.995			$	88,423
PIMCO Real Return Portfolio - Administrative Class
Contracts in accumulation period:
Band 30	9,316.755	$	12.36	$	115,155
Band 31	8,959.117		12.28		110,018
	18,275.872			$	225,173
Pioneer Equity Income VCT Portfolio - Class II
Contracts in accumulation period:
Band 30	107,257.527	$	9.14	$	980,334
Band 31	77,472.981		9.07		702,680
	184,730.508			$	1,683,014
ProFund VP Bull
Contracts in accumulation period:
Band 6	420.333	$	8.72	$	3,665
Band 9	85.820		8.30		712
Band 17	533.814		10.51		5,610
Band 24	57.979		10.38		602
Band 25	1,504.094		10.24		15,402
	2,602.040			$	25,991
ProFund VP Europe 30
Contracts in accumulation period:
Band 6	525.857	$	9.63	$	5,064
Band 8	237.575		9.35		2,221
Band 9	384.595		9.17		3,527
Band 17	1,636.145		11.48		18,783
Band 20	1,888.917		11.12		21,005
	4,673.089			$	50,600


											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
BlackRock Global Allocation V.I. Fund - Class III
2010	1,725		$	10.06	to	$	10.39	$	17,724		1.16	%	1.15	%	to	2.45	%	7.24	%	to	8.57	%
2009	1,505		$	9.38	to	$	9.57	$	14,303		2.32	%	1.15	%	to	2.45	%	18.14	%	to	19.48	%
2008	723		$	7.94	to	$	8.01	$	5,770		(c)		1.15	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
Columbia Small Cap Value Fund, Variable Series -
Class B
2010	77		$	13.51	to	$	14.11	$	1,066		0.98	%	1.25	%	to	2.00	%	23.94	%	to	24.87	%
2009	87		$	10.90	to	$	11.30	$	970		0.89	%	1.25	%	to	2.00	%	22.47	%	to	23.50	%
2008	92		$	8.90	to	$	9.15	$	832		0.46	%	1.25	%	to	2.00	%	-29.59	%	to	-29.07	%
2007	105		$	12.53	to	$	12.97	$	1,339		0.29	%	1.05	%	to	2.45	%	-4.86	%	to	-3.64	%
2006	105		$	13.17	to	$	13.46	$	1,397		0.41	%	1.05	%	to	2.45	%	16.65	%	to	17.84	%
Fidelity® VIP Equity-Income Portfolio - Service
Class 2
2010	657		$	8.24	to	$	11.46	$	6,421		1.57	%	1.00	%	to	2.45	%	12.26	%	to	13.72	%
2009	678		$	7.25	to	$	10.08	$	5,909		2.06	%	1.00	%	to	2.45	%	26.82	%	to	28.57	%
2008	618		$	5.65	to	$	7.84	$	4,368		2.66	%	1.00	%	to	2.45	%	-44.12	%	to	-43.39	%
2007	483		$	13.01	to	$	13.85	$	6,472		1.86	%	1.05	%	to	2.45	%	-1.06	%	to	0.14	%
2006	374		$	13.01	to	$	13.83	$	5,024		2.86	%	1.05	%	to	2.45	%	17.28	%	to	18.71	%
Fidelity® VIP Contrafund® Portfolio - Service Class 2
2010	2,336		$	9.66	to	$	16.33	$	30,694		0.97	%	1.00	%	to	2.60	%	14.02	%	to	15.75	%
2009	2,472		$	8.38	to	$	14.12	$	28,343		1.16	%	1.00	%	to	2.60	%	32.10	%	to	34.12	%
2008	2,390		$	6.27	to	$	10.53	$	21,121		1.15	%	1.00	%	to	2.60	%	-44.07	%	to	-43.25	%
2007	1,169		$	11.26	to	$	18.57	$	19,975		0.86	%	1.00	%	to	2.60	%	14.52	%	to	16.06	%
2006	852		$	13.15	to	$	16.00	$	12,705		1.09	%	1.05	%	to	2.45	%	8.88	%	to	10.27	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
Franklin Small Cap Value Securities Fund - Class 2
2010	129		$	10.43	to	$	10.50	$	1,347		0.73	%	1.00	%	to	1.20	%	26.73	%	to	26.96	%
2009	137		$	8.23	to	$	8.27	$	1,133		2.01	%	1.00	%	to	1.20	%	27.60	%	to	27.82	%
2008	87		$	6.45	to	$	6.47	$	559		(c)		1.00	%	to	1.20	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING Balanced Portfolio - Class S
2010	24		$	9.75	to	$	10.29	$	239		2.80	%	1.00	%	to	1.95	%	11.54	%	to	12.61	%
2009	30		$	8.68	to	$	9.14	$	261		4.58	%	1.00	%	to	1.95	%	16.62	%	to	17.84	%
2008	23		$	7.38	to	$	7.77	$	176		2.84	%	1.00	%	to	1.95	%	-29.68	%	to	-29.04	%
2007	23		$	10.72	to	$	10.95	$	247		2.81	%	1.05	%	to	2.25	%	2.88	%	to	4.19	%
2006	31		$	10.42	to	$	10.51	$	323		(a)		1.05	%	to	2.25	%			(a)
ING Intermediate Bond Portfolio - Class S
2010	1,945		$	10.53	to	$	11.73	$	21,854		4.97	%	1.00	%	to	2.45	%	7.05	%	to	8.42	%
2009	1,908		$	9.75	to	$	10.82	$	19,825		6.53	%	1.00	%	to	2.45	%	8.64	%	to	10.26	%
2008	1,654		$	8.89	to	$	9.76	$	15,658		7.56	%	1.00	%	to	2.45	%	-10.75	%	to	-9.57	%
2007	745		$	10.24	to	$	10.87	$	8,008		4.77	%	1.00	%	to	2.45	%	3.24	%	to	4.52	%
2006	374		$	10.18	to	$	10.40	$	3,858		6.02	%	1.05	%	to	2.45	%	1.39	%	to	2.47	%
ING American Funds Asset Allocation Portfolio
2010	952		$	9.42	to	$	9.72	$	9,182		1.59	%	1.15	%	to	2.45	%	9.40	%	to	10.71	%
2009	879		$	8.61	to	$	8.78	$	7,678		1.63	%	1.15	%	to	2.45	%	20.56	%	to	21.94	%
2008	261		$	7.14	to	$	7.20	$	1,874		(c)		1.15	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING American Funds Bond Portfolio
2010	1,784		$	9.96	to	$	10.41	$	18,178		2.55	%	1.00	%	to	2.45	%	3.64	%	to	4.97	%
2009	1,730		$	9.61	to	$	9.93	$	16,872		4.25	%	1.00	%	to	2.45	%	9.57	%	to	11.04	%
2008	1,198		$	8.77	to	$	8.96	$	10,588		(c)		1.00	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING American Funds Growth Portfolio
2010	4,172		$	9.35	to	$	14.49	$	54,417		0.11	%	1.00	%	to	2.45	%	15.27	%	to	16.89	%
2009	4,373		$	8.02	to	$	12.40	$	49,309		1.84	%	1.00	%	to	2.45	%	35.56	%	to	37.17	%
2008	4,154		$	5.85	to	$	9.04	$	34,496		0.89	%	1.00	%	to	2.45	%	-45.58	%	to	-44.83	%
2007	2,762		$	10.64	to	$	16.39	$	42,613		0.25	%	1.00	%	to	2.60	%	9.20	%	to	10.59	%
2006	1,846		$	10.93	to	$	14.82	$	25,908		0.17	%	1.05	%	to	2.45	%	7.10	%	to	8.49	%
ING American Funds Growth-Income Portfolio
2010	2,803		$	8.78	to	$	12.66	$	31,647		0.93	%	1.00	%	to	2.45	%	8.34	%	to	9.81	%
2009	2,891		$	8.01	to	$	11.54	$	29,948		2.32	%	1.00	%	to	2.45	%	27.50	%	to	29.23	%
2008	2,703		$	6.21	to	$	8.93	$	21,901		1.58	%	1.00	%	to	2.45	%	-39.62	%	to	-38.84	%
2007	2,009		$	10.17	to	$	14.60	$	27,024		1.01	%	1.05	%	to	2.60	%	2.08	%	to	3.33	%
2006	1,520		$	11.32	to	$	14.13	$	19,830		0.67	%	1.05	%	to	2.45	%	11.99	%	to	13.40	%
ING American Funds International Portfolio
2010	2,187		$	9.25	to	$	19.14	$	32,277		0.89	%	1.00	%	to	2.45	%	4.25	%	to	5.59	%
2009	2,202		$	8.80	to	$	18.13	$	31,004		3.32	%	1.00	%	to	2.60	%	38.88	%	to	40.91	%
2008	2,000		$	6.27	to	$	12.87	$	20,501		2.10	%	1.00	%	to	2.60	%	-43.87	%	to	-43.08	%
2007	1,288		$	14.57	to	$	22.61	$	25,141		0.87	%	1.05	%	to	2.60	%	16.66	%	to	18.13	%
2006	769		$	12.35	to	$	19.14	$	12,769		0.68	%	1.05	%	to	2.45	%	15.65	%	to	17.14	%
ING American Funds World Allocation Portfolio -
Service Class
2010	95		$	15.32	to	$	15.67	$	1,482		0.91	%	1.15	%	to	2.45	%	10.06	%	to	11.37	%
2009	82		$	13.92	to	$	14.07	$	1,156		(d)		1.15	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Artio Foreign Portfolio - Service Class
2010	846		$	7.67	to	$	14.48	$	11,467		-		1.15	%	to	2.60	%	4.20	%	to	5.60	%
2009	907		$	7.28	to	$	13.72	$	11,718		3.11	%	1.15	%	to	2.60	%	17.33	%	to	18.83	%
2008	1,078		$	6.14	to	$	11.56	$	11,783		-		1.15	%	to	2.60	%	-45.03	%	to	-44.32	%
2007	761		$	17.35	to	$	21.00	$	15,185		0.07	%	1.05	%	to	2.60	%	13.73	%	to	15.26	%
2006	366		$	15.11	to	$	18.22	$	6,379		-		1.05	%	to	2.45	%	26.26	%	to	27.56	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING BlackRock Inflation Protected Bond Portfolio -
Service Class
2010	812		$	10.84	to	$	11.09	$	8,943		2.05	%	1.00	%	to	2.45	%	3.04	%	to	4.43	%
2009	703		$	10.52	to	$	10.62	$	7,432		(d)		1.00	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING BlackRock Large Cap Growth Portfolio - Service
Class
2010	306		$	9.14	to	$	11.38	$	3,365		0.26	%	1.00	%	to	2.45	%	10.86	%	to	12.32	%
2009	292		$	8.16	to	$	10.14	$	2,877		0.31	%	1.00	%	to	2.45	%	27.16	%	to	28.93	%
2008	218		$	6.36	to	$	7.87	$	1,680		-		1.00	%	to	2.45	%	-40.49	%	to	-39.74	%
2007	92		$	12.62	to	$	13.06	$	1,193		-		1.05	%	to	2.45	%	4.61	%	to	5.66	%
2006	43		$	12.16	to	$	12.36	$	522		-		1.05	%	to	2.00	%	5.00	%	to	6.00	%
ING BlackRock Large Cap Value Portfolio - Service
Class
2010	39		$	9.90	to	$	10.34	$	399		1.20	%	1.25	%	to	2.00	%	8.79	%	to	9.65	%
2009	46		$	8.99	to	$	9.43	$	434		0.49	%	1.25	%	to	2.25	%	10.31	%	to	11.47	%
2008	46		$	8.15	to	$	8.46	$	389		0.38	%	1.25	%	to	2.25	%	-36.77	%	to	-36.15	%
2007	50		$	12.87	to	$	13.32	$	654		0.38	%	1.05	%	to	2.45	%	1.90	%	to	3.18	%
2006	32		$	12.63	to	$	12.91	$	410		0.54	%	1.05	%	to	2.45	%	13.68	%	to	14.82	%
ING Clarion Global Real Estate Portfolio - Service
Class
2010	647		$	8.60	to	$	10.93	$	6,341		8.46	%	1.00	%	to	2.45	%	13.30	%	to	14.87	%
2009	701		$	7.50	to	$	9.54	$	6,030		2.36	%	1.00	%	to	2.45	%	30.26	%	to	32.11	%
2008	640		$	5.69	to	$	7.24	$	4,297		-		1.00	%	to	2.45	%	-42.58	%	to	-41.99	%
2007	287		$	12.26	to	$	12.48	$	3,556		3.45	%	1.25	%	to	2.45	%	-9.38	%	to	-8.50	%
2006	148		$	13.54	to	$	13.64	$	2,017		(a)		1.25	%	to	2.25	%			(a)
ING Clarion Real Estate Portfolio - Service Class
2010	290		$	11.27	to	$	69.52	$	4,904		3.40	%	1.05	%	to	2.60	%	24.87	%	to	26.63	%
2009	316		$	8.93	to	$	55.00	$	4,221		3.55	%	1.05	%	to	2.60	%	32.49	%	to	34.53	%
2008	341		$	8.71	to	$	40.99	$	3,392		1.31	%	1.05	%	to	2.60	%	-40.01	%	to	-39.19	%
2007	390		$	14.52	to	$	67.51	$	6,415		1.30	%	1.05	%	to	2.60	%	-19.66	%	to	-18.60	%
2006	242		$	13.58	to	$	83.11	$	4,966		1.09	%	1.05	%	to	2.45	%	34.52	%	to	36.19	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING DFA World Equity Portfolio - Service Class
2010	250		$	8.00	to	$	9.52	$	2,066		1.63	%	1.15	%	to	2.45	%	21.95	%	to	23.44	%
2009	220		$	6.56	to	$	7.72	$	1,486		-		1.15	%	to	2.45	%	19.02	%	to	20.44	%
2008	226		$	5.51	to	$	6.41	$	1,275		3.34	%	1.20	%	to	2.45	%	-44.40	%	to	-43.82	%
2007	46		$	9.91	to	$	9.95	$	459		(b)		1.25	%	to	2.45	%			(b)
2006	(b)				(b)				(b)		(b)				(b)					(b)
ING FMR^SMDiversified Mid Cap Portfolio - Service
Class
2010	632		$	11.45	to	$	17.70	$	9,942		0.14	%	1.15	%	to	2.45	%	25.42	%	to	26.94	%
2009	658		$	9.02	to	$	13.97	$	8,175		0.45	%	1.15	%	to	2.45	%	35.94	%	to	37.50	%
2008	714		$	6.56	to	$	10.16	$	6,499		0.83	%	1.15	%	to	2.45	%	-40.55	%	to	-39.92	%
2007	576		$	14.60	to	$	16.91	$	8,840		0.16	%	1.05	%	to	2.45	%	11.86	%	to	13.09	%
2006	385		$	13.05	to	$	14.96	$	5,132		-		1.05	%	to	2.45	%	9.30	%	to	10.57	%
ING Franklin Income Portfolio - Service Class
2010	1,599		$	10.49	to	$	11.37	$	17,648		5.06	%	1.05	%	to	2.45	%	10.30	%	to	11.80	%
2009	2,033		$	9.42	to	$	10.17	$	20,175		6.84	%	1.05	%	to	2.45	%	29.05	%	to	30.49	%
2008	1,185		$	7.23	to	$	7.74	$	9,080		3.49	%	1.15	%	to	2.45	%	-30.95	%	to	-30.21	%
2007	865		$	10.89	to	$	11.12	$	9,530		1.09	%	1.05	%	to	2.45	%	0.28	%	to	1.55	%
2006	257		$	10.86	to	$	10.95	$	2,809		(a)		1.05	%	to	2.45	%			(a)
ING Franklin Mutual Shares Portfolio - Service Class
2010	697		$	9.07	to	$	10.14	$	6,902		0.43	%	1.05	%	to	2.45	%	8.90	%	to	10.46	%
2009	673		$	8.25	to	$	9.18	$	6,070		0.13	%	1.05	%	to	2.45	%	23.64	%	to	25.07	%
2008	660		$	6.61	to	$	7.34	$	4,784		4.45	%	1.05	%	to	2.45	%	-39.20	%	to	-38.42	%
2007	392		$	11.81	to	$	11.92	$	4,655		(b)		1.05	%	to	2.45	%			(b)
2006	(b)				(b)				(b)		(b)				(b)					(b)
ING Franklin Templeton Founding Strategy Portfolio -
Service Class
2010	1,777		$	8.26	to	$	9.61	$	15,273		2.50	%	1.15	%	to	2.45	%	8.12	%	to	9.45	%
2009	1,762		$	7.64	to	$	8.78	$	13,890		2.92	%	1.15	%	to	2.45	%	27.33	%	to	28.87	%
2008	1,633		$	6.00	to	$	6.82	$	10,006		0.14	%	1.15	%	to	2.45	%	-37.17	%	to	-36.49	%
2007	596		$	9.55	to	$	9.62	$	5,721		(b)		1.25	%	to	2.45	%			(b)
2006	(b)				(b)				(b)		(b)				(b)					(b)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Global Resources Portfolio - Service Class
2010	777		$	10.07	to	$	46.24	$	15,305		0.87	%	1.05	%	to	2.45	%	18.87	%	to	20.38	%
2009	867		$	8.39	to	$	38.50	$	14,251		0.33	%	1.05	%	to	2.60	%	34.15	%	to	36.02	%
2008	804		$	6.19	to	$	28.35	$	9,787		2.21	%	1.05	%	to	2.60	%	-42.44	%	to	-41.60	%
2007	352		$	20.45	to	$	48.66	$	7,494		0.02	%	1.05	%	to	2.60	%	30.18	%	to	31.82	%
2006	188		$	15.77	to	$	36.98	$	3,098		0.14	%	1.05	%	to	2.45	%	18.72	%	to	19.91	%
ING Janus Contrarian Portfolio - Service Class
2010	619		$	7.99	to	$	14.87	$	8,591		-		1.05	%	to	2.45	%	11.40	%	to	12.78	%
2009	709		$	7.11	to	$	13.23	$	8,776		0.58	%	1.05	%	to	2.45	%	33.23	%	to	35.02	%
2008	752		$	5.29	to	$	9.84	$	6,991		0.72	%	1.05	%	to	2.45	%	-50.16	%	to	-49.50	%
2007	399		$	17.16	to	$	19.58	$	7,496		-		1.05	%	to	2.45	%	18.36	%	to	19.59	%
2006	47		$	14.40	to	$	16.43	$	756		0.35	%	1.05	%	to	2.10	%	20.65	%	to	21.49	%
ING JPMorgan Emerging Markets Equity Portfolio -
Service Class
2010	1,039		$	10.16	to	$	25.00	$	20,485		0.51	%	1.00	%	to	2.60	%	17.38	%	to	19.11	%
2009	1,074		$	8.55	to	$	21.05	$	18,275		1.37	%	1.00	%	to	2.60	%	67.30	%	to	69.90	%
2008	1,046		$	5.04	to	$	12.42	$	11,276		2.73	%	1.00	%	to	2.60	%	-52.46	%	to	-51.78	%
2007	562		$	24.38	to	$	25.82	$	14,048		0.95	%	1.05	%	to	2.60	%	35.25	%	to	37.05	%
2006	308		$	18.10	to	$	18.88	$	5,655		0.50	%	1.05	%	to	2.45	%	32.77	%	to	34.13	%
ING JPMorgan Small Cap Core Equity Portfolio -
Service Class
2010	330		$	11.62	to	$	16.41	$	4,876		0.27	%	1.05	%	to	2.45	%	23.77	%	to	25.36	%
2009	334		$	9.30	to	$	13.09	$	3,956		0.36	%	1.05	%	to	2.45	%	24.44	%	to	25.99	%
2008	398		$	8.96	to	$	10.39	$	3,770		0.47	%	1.05	%	to	2.45	%	-31.60	%	to	-30.69	%
2007	462		$	13.10	to	$	14.99	$	6,395		0.15	%	1.05	%	to	2.45	%	-3.96	%	to	-2.73	%
2006	420		$	13.09	to	$	15.41	$	5,978		-		1.05	%	to	2.45	%	13.94	%	to	15.43	%
ING Large Cap Growth Portfolio - Service Class
2010	165		$	11.89	to	$	16.79	$	2,367		0.34	%	1.00	%	to	2.45	%	11.61	%	to	13.14	%
2009	135		$	10.53	to	$	14.86	$	1,711		0.42	%	1.00	%	to	2.45	%	39.61	%	to	40.89	%
2008	22		$	7.48	to	$	9.45	$	199		-		1.05	%	to	1.95	%	-28.98	%	to	-28.29	%
2007	12		$	12.16	to	$	13.23	$	157		-		1.05	%	to	1.95	%	9.51	%	to	10.44	%
2006	7		$	11.09	to	$	12.02	$	82		-		1.05	%	to	2.25	%	3.24	%	to	4.44	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Limited Maturity Bond Portfolio - Service Class
2010	12		$	23.11	to	$	23.89	$	286		4.24	%	1.25	%	to	1.40	%	1.72	%	to	1.88	%
2009	16		$	22.72	to	$	23.45	$	374		4.96	%	1.25	%	to	1.40	%	5.67	%	to	5.82	%
2008	20		$	21.50	to	$	22.16	$	432		6.35	%	1.25	%	to	1.40	%	-1.65	%	to	-1.51	%
2007	23		$	21.86	to	$	22.50	$	513		1.74	%	1.25	%	to	1.40	%	4.29	%	to	4.46	%
2006	36		$	20.96	to	$	21.54	$	754		3.25	%	1.25	%	to	1.40	%	2.39	%	to	2.57	%
ING Liquid Assets Portfolio - Service Class
2010	2,459		$	9.82	to	$	18.03	$	30,848		-		1.00	%	to	2.45	%	-2.24	%	to	-0.98	%
2009	3,695		$	9.96	to	$	18.22	$	46,236		0.10	%	1.00	%	to	2.60	%	-2.11	%	to	-0.68	%
2008	4,215		$	10.07	to	$	18.35	$	52,262		2.16	%	1.00	%	to	2.60	%	0.10	%	to	1.48	%
2007	2,111		$	10.05	to	$	18.10	$	25,976		4.14	%	1.00	%	to	2.45	%	2.54	%	to	3.84	%
2006	591		$	10.25	to	$	17.43	$	7,050		4.34	%	1.05	%	to	2.25	%	2.30	%	to	3.31	%
ING Lord Abbett Growth and Income Portfolio -
Service Class
2010	24		$	11.17	to	$	12.76	$	282		0.34	%	1.25	%	to	1.65	%	15.15	%	to	15.68	%
2009	30		$	9.59	to	$	11.03	$	301		0.72	%	1.25	%	to	1.85	%	16.52	%	to	17.34	%
2008	30		$	8.23	to	$	9.40	$	257		2.44	%	1.25	%	to	1.85	%	-37.75	%	to	-37.38	%
2007	35		$	13.17	to	$	15.01	$	482		1.70	%	1.25	%	to	1.95	%	2.24	%	to	2.81	%
2006	34		$	12.93	to	$	14.60	$	459		0.86	%	1.25	%	to	1.85	%	15.45	%	to	16.15	%
ING Marsico Growth Portfolio - Service Class
2010	680		$	9.84	to	$	17.26	$	9,052		0.48	%	1.15	%	to	2.45	%	17.09	%	to	18.40	%
2009	618		$	8.33	to	$	14.59	$	7,034		0.87	%	1.15	%	to	2.45	%	25.99	%	to	27.59	%
2008	639		$	6.55	to	$	11.45	$	5,774		0.59	%	1.15	%	to	2.45	%	-41.70	%	to	-41.06	%
2007	540		$	13.77	to	$	19.43	$	8,518		-		1.25	%	to	2.45	%	11.58	%	to	12.71	%
2006	500		$	12.29	to	$	17.24	$	7,184		-		1.25	%	to	2.45	%	2.48	%	to	3.67	%
ING Marsico International Opportunities Portfolio -
Service Class
2010	556		$	8.06	to	$	13.96	$	6,687		1.44	%	1.00	%	to	2.45	%	11.13	%	to	12.64	%
2009	617		$	7.17	to	$	12.40	$	6,660		1.26	%	1.00	%	to	2.45	%	34.41	%	to	36.36	%
2008	646		$	5.28	to	$	9.10	$	5,285		1.34	%	1.00	%	to	2.60	%	-50.74	%	to	-50.05	%
2007	304		$	17.54	to	$	18.22	$	5,453		1.01	%	1.05	%	to	2.60	%	17.79	%	to	19.32	%
2006	226		$	14.95	to	$	15.27	$	3,417		0.03	%	1.05	%	to	2.45	%	21.31	%	to	22.65	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING MFS Total Return Portfolio - Service Class
2010	754		$	9.93	to	$	28.44	$	11,846		0.44	%	1.00	%	to	2.45	%	7.36	%	to	8.72	%
2009	805		$	9.15	to	$	26.16	$	11,686		2.61	%	1.00	%	to	2.45	%	15.20	%	to	16.75	%
2008	732		$	7.86	to	$	22.43	$	9,141		6.25	%	1.00	%	to	2.45	%	-24.17	%	to	-23.12	%
2007	673		$	10.25	to	$	29.19	$	11,493		2.78	%	1.00	%	to	2.45	%	1.53	%	to	2.93	%
2006	606		$	11.79	to	$	28.36	$	10,544		2.33	%	1.05	%	to	2.45	%	9.37	%	to	10.74	%
ING MFS Utilities Portfolio - Service Class
2010	866		$	9.35	to	$	16.79	$	12,876		2.64	%	1.00	%	to	2.45	%	11.11	%	to	12.57	%
2009	867		$	8.33	to	$	14.95	$	11,594		5.79	%	1.00	%	to	2.45	%	29.74	%	to	31.50	%
2008	693		$	6.35	to	$	11.40	$	7,193		4.28	%	1.00	%	to	2.45	%	-39.14	%	to	-38.51	%
2007	387		$	18.01	to	$	18.54	$	7,122		0.70	%	1.25	%	to	2.45	%	24.50	%	to	25.78	%
2006	238		$	14.49	to	$	14.74	$	3,492		0.09	%	1.25	%	to	2.25	%	27.89	%	to	29.18	%
ING Morgan Stanley Global Franchise Portfolio -
Service Class
2010	379		$	10.86	to	$	13.97	$	5,076		0.52	%	1.15	%	to	2.45	%	11.35	%	to	12.55	%
2009	404		$	9.67	to	$	12.43	$	4,835		6.55	%	1.15	%	to	2.45	%	25.91	%	to	27.36	%
2008	328		$	7.61	to	$	9.76	$	3,102		2.42	%	1.25	%	to	2.45	%	-30.21	%	to	-29.48	%
2007	365		$	13.44	to	$	13.84	$	5,000		-		1.25	%	to	2.45	%	7.17	%	to	8.38	%
2006	123		$	12.18	to	$	12.77	$	1,567		1.36	%	1.25	%	to	2.25	%	18.60	%	to	19.79	%
ING Morgan Stanley Global Tactical Asset Allocation
Portfolio - Service Class
2010	63		$	12.88	to	$	13.17	$	816		0.68	%	1.15	%	to	2.45	%	5.54	%	to	6.47	%
2009	102		$	12.28	to	$	12.37	$	1,255		(d)		1.15	%	to	1.95	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Oppenheimer Active Allocation Portfolio -
Service Class
2010	39		$	14.91	to	$	15.14	$	578		1.40	%	1.15	%	to	1.95	%	11.85	%	to	12.73	%
2009	32		$	13.33	to	$	13.43	$	423		(d)		1.15	%	to	1.95	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING PIMCO High Yield Portfolio - Service Class
2010	912		$	12.97	to	$	15.74	$	13,389		6.91	%	1.00	%	to	2.45	%	11.57	%	to	13.07	%
2009	447		$	11.74	to	$	13.92	$	5,897		8.55	%	1.00	%	to	2.45	%	45.90	%	to	47.87	%
2008	536		$	7.96	to	$	9.42	$	4,815		9.46	%	1.00	%	to	2.45	%	-24.26	%	to	-23.35	%
2007	551		$	11.42	to	$	12.29	$	6,521		6.28	%	1.05	%	to	2.45	%	0.44	%	to	1.82	%
2006	370		$	11.37	to	$	12.07	$	4,331		6.23	%	1.05	%	to	2.45	%	6.45	%	to	7.77	%
ING PIMCO Total Return Bond Portfolio - Service
Class
2010	4,064		$	12.01	to	$	19.76	$	59,496		4.63	%	1.00	%	to	2.45	%	5.26	%	to	6.59	%
2009	3,827		$	11.31	to	$	18.54	$	52,807		4.22	%	1.00	%	to	2.45	%	11.81	%	to	13.26	%
2008	2,653		$	10.02	to	$	16.38	$	32,262		3.34	%	1.00	%	to	2.45	%	1.73	%	to	3.15	%
2007	775		$	10.99	to	$	15.88	$	9,568		3.00	%	1.05	%	to	2.45	%	6.49	%	to	7.81	%
2006	537		$	10.32	to	$	14.73	$	6,525		2.42	%	1.05	%	to	2.45	%	1.97	%	to	3.22	%
ING Pioneer Fund Portfolio - Service Class
2010	32		$	9.46	to	$	11.89	$	356		1.00	%	1.00	%	to	1.95	%	13.63	%	to	14.67	%
2009	26		$	8.25	to	$	10.39	$	247		1.33	%	1.00	%	to	1.95	%	21.67	%	to	22.95	%
2008	25		$	6.71	to	$	8.48	$	205		3.37	%	1.00	%	to	2.25	%	-36.25	%	to	-35.51	%
2007	21		$	12.80	to	$	13.15	$	270		1.00	%	1.25	%	to	2.25	%	2.73	%	to	3.79	%
2006	10		$	12.46	to	$	12.67	$	130		-		1.25	%	to	2.25	%	14.44	%	to	15.29	%
ING Pioneer Mid Cap Value Portfolio - Service Class
2010	793		$	9.63	to	$	11.99	$	8,947		0.82	%	1.00	%	to	2.60	%	15.02	%	to	16.73	%
2009	906		$	8.27	to	$	10.29	$	8,851		1.28	%	1.00	%	to	2.60	%	22.11	%	to	23.85	%
2008	779		$	6.69	to	$	8.33	$	6,262		2.01	%	1.00	%	to	2.60	%	-34.75	%	to	-33.76	%
2007	445		$	10.13	to	$	12.61	$	5,563		0.51	%	1.00	%	to	2.60	%	3.03	%	to	4.21	%
2006	318		$	11.89	to	$	12.10	$	3,836		0.18	%	1.25	%	to	2.45	%	9.79	%	to	10.91	%
ING Retirement Conservative Portfolio - Adviser Class
2010	849		$	8.75	to	$	8.87	$	7,497		0.27	%	1.15	%	to	2.45	%	5.42	%	to	6.61	%
2009	639		$	8.30	to	$	8.32	$	5,311		(d)		1.15	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Retirement Growth Portfolio - Adviser Class
2010	10,641		$	10.20	to	$	10.36	$	109,552		0.37	%	1.05	%	to	2.45	%	9.08	%	to	10.45	%
2009	11,176		$	9.35	to	$	9.38	$	104,708		(d)		1.05	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Retirement Moderate Growth Portfolio - Adviser
Class
2010	8,508		$	10.43	to	$	10.59	$	89,552		0.47	%	1.05	%	to	2.45	%	8.53	%	to	9.85	%
2009	8,936		$	9.61	to	$	9.64	$	86,030		(d)		1.05	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Retirement Moderate Portfolio - Adviser Class
2010	4,918		$	10.53	to	$	10.70	$	52,270		0.57	%	1.05	%	to	2.45	%	7.01	%	to	8.41	%
2009	4,951		$	9.84	to	$	9.87	$	48,796		(d)		1.05	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING T. Rowe Price Capital Appreciation Portfolio -
Service Class
2010	2,528		$	10.70	to	$	53.54	$	33,896		1.66	%	1.00	%	to	2.45	%	11.38	%	to	12.91	%
2009	2,407		$	9.50	to	$	47.55	$	28,743		1.98	%	1.00	%	to	2.45	%	30.20	%	to	31.82	%
2008	2,166		$	7.23	to	$	36.14	$	19,961		4.99	%	1.00	%	to	2.45	%	-29.17	%	to	-28.25	%
2007	1,394		$	12.48	to	$	50.48	$	18,486		1.89	%	1.05	%	to	2.45	%	1.96	%	to	3.28	%
2006	764		$	12.24	to	$	48.97	$	10,170		1.15	%	1.05	%	to	2.45	%	11.99	%	to	13.42	%
ING T. Rowe Price Equity Income Portfolio - Service
Class
2010	859		$	9.12	to	$	32.01	$	9,877		1.60	%	1.00	%	to	2.45	%	12.26	%	to	13.75	%
2009	896		$	8.03	to	$	28.20	$	9,133		1.69	%	1.00	%	to	2.45	%	22.17	%	to	23.77	%
2008	848		$	6.50	to	$	22.85	$	7,214		4.53	%	1.00	%	to	2.45	%	-37.18	%	to	-36.49	%
2007	740		$	13.07	to	$	35.98	$	10,340		1.23	%	1.05	%	to	2.45	%	0.69	%	to	1.99	%
2006	503		$	12.98	to	$	35.36	$	7,183		1.27	%	1.05	%	to	2.45	%	16.31	%	to	17.87	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Templeton Global Growth Portfolio - Service
Class
2010	490		$	9.09	to	$	22.62	$	5,750		1.47	%	1.15	%	to	2.45	%	5.29	%	to	6.51	%
2009	497		$	8.56	to	$	21.26	$	5,542		2.00	%	1.15	%	to	2.45	%	29.30	%	to	30.90	%
2008	575		$	6.56	to	$	16.27	$	4,943		1.01	%	1.15	%	to	2.45	%	-41.07	%	to	-40.40	%
2007	611		$	13.61	to	$	27.31	$	8,903		1.23	%	1.25	%	to	2.45	%	0.00	%	to	1.11	%
2006	234		$	13.61	to	$	27.01	$	3,771		0.85	%	1.25	%	to	2.45	%	19.79	%	to	20.42	%
ING Van Kampen Growth and Income Portfolio -
Service Class
2010	213		$	9.76	to	$	30.13	$	2,811		0.26	%	1.05	%	to	2.25	%	10.02	%	to	11.24	%
2009	212		$	8.80	to	$	27.12	$	2,542		1.27	%	1.05	%	to	2.25	%	21.27	%	to	22.61	%
2008	175		$	7.21	to	$	22.16	$	1,874		4.13	%	1.15	%	to	2.45	%	-33.62	%	to	-33.07	%
2007	148		$	11.51	to	$	33.11	$	2,583		1.43	%	1.25	%	to	2.10	%	0.40	%	to	1.33	%
2006	123		$	11.36	to	$	32.68	$	2,443		1.16	%	1.25	%	to	2.10	%	13.56	%	to	14.55	%
ING Wells Fargo HealthCare Portfolio - Service Class
2010	426		$	9.41	to	$	12.38	$	5,066		-		1.05	%	to	2.45	%	4.55	%	to	5.90	%
2009	441		$	8.91	to	$	11.74	$	4,980		-		1.05	%	to	2.45	%	17.33	%	to	18.77	%
2008	446		$	7.55	to	$	9.92	$	4,254		0.17	%	1.05	%	to	2.45	%	-30.34	%	to	-29.40	%
2007	285		$	12.80	to	$	14.12	$	3,819		0.12	%	1.05	%	to	2.45	%	6.03	%	to	7.36	%
2006	233		$	12.00	to	$	13.20	$	2,896		-		1.05	%	to	2.45	%	11.27	%	to	12.72	%
ING American Century Small-Mid Cap Value
Portfolio - Service Class
2010	65		$	11.33	to	$	11.40	$	736		1.09	%	1.00	%	to	1.20	%	20.66	%	to	20.76	%
2009	58		$	9.39	to	$	9.44	$	546		1.70	%	1.00	%	to	1.20	%	33.95	%	to	34.28	%
2008	23		$	7.01	to	$	7.03	$	161		(c)		1.00	%	to	1.20	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING Baron Small Cap Growth Portfolio - Service
Class
2010	1,091		$	10.08	to	$	12.86	$	13,342		-		1.00	%	to	2.45	%	23.55	%	to	25.31	%
2009	1,028		$	8.06	to	$	10.27	$	10,085		-		1.00	%	to	2.45	%	32.15	%	to	33.88	%
2008	806		$	6.04	to	$	7.68	$	5,999		-		1.00	%	to	2.45	%	-42.63	%	to	-41.86	%
2007	529		$	10.40	to	$	13.21	$	6,905		-		1.05	%	to	2.45	%	3.66	%	to	5.01	%
2006	321		$	12.31	to	$	12.58	$	4,008		-		1.05	%	to	2.45	%	12.63	%	to	14.05	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Columbia Small Cap Value Portfolio - Service
Class
2010	411		$	9.58	to	$	10.78	$	4,100		1.23	%	1.15	%	to	2.60	%	22.19	%	to	23.91	%
2009	456		$	7.84	to	$	8.70	$	3,693		1.26	%	1.05	%	to	2.60	%	21.55	%	to	23.23	%
2008	430		$	6.45	to	$	7.06	$	2,836		0.11	%	1.15	%	to	2.60	%	-35.63	%	to	-34.90	%
2007	236		$	10.02	to	$	10.23	$	2,404		0.12	%	1.25	%	to	2.60	%	0.60	%	to	1.69	%
2006	86		$	10.00	to	$	10.06	$	865		(a)		1.25	%	to	2.25	%			(a)
ING Davis New York Venture Portfolio - Service
Class
2010	1,019		$	9.02	to	$	9.90	$	9,881		0.40	%	1.00	%	to	2.45	%	9.44	%	to	11.00	%
2009	1,073		$	8.15	to	$	8.94	$	9,425		0.62	%	1.00	%	to	2.45	%	28.64	%	to	30.25	%
2008	1,172		$	6.26	to	$	6.88	$	7,943		0.81	%	1.00	%	to	2.45	%	-40.68	%	to	-39.97	%
2007	556		$	11.21	to	$	11.46	$	6,334		0.25	%	1.25	%	to	2.45	%	1.72	%	to	2.78	%
2006	220		$	11.02	to	$	11.15	$	2,440		(a)		1.25	%	to	2.45	%			(a)
ING JPMorgan Mid Cap Value Portfolio - Service
Class
2010	250		$	10.18	to	$	17.71	$	3,466		0.77	%	1.00	%	to	2.45	%	20.07	%	to	21.73	%
2009	244		$	8.38	to	$	14.56	$	2,749		1.53	%	1.00	%	to	2.45	%	22.84	%	to	24.37	%
2008	135		$	6.75	to	$	11.71	$	1,294		2.83	%	1.00	%	to	2.45	%	-34.57	%	to	-33.73	%
2007	52		$	13.48	to	$	17.67	$	827		0.55	%	1.05	%	to	2.25	%	0.00	%	to	1.26	%
2006	61		$	13.48	to	$	17.45	$	983		-		1.05	%	to	2.25	%	13.95	%	to	15.26	%
ING Legg Mason ClearBridge Aggressive Growth
Portfolio - Service Class
2010	115		$	11.43	to	$	13.13	$	1,390		-		1.05	%	to	2.45	%	21.34	%	to	22.83	%
2009	124		$	9.42	to	$	10.69	$	1,233		-		1.05	%	to	2.45	%	28.86	%	to	30.68	%
2008	151		$	7.31	to	$	8.18	$	1,152		-		1.05	%	to	2.45	%	-40.71	%	to	-39.99	%
2007	141		$	12.33	to	$	13.63	$	1,800		-		1.05	%	to	2.45	%	-4.20	%	to	-2.92	%
2006	85		$	12.87	to	$	14.04	$	1,129		-		1.05	%	to	2.45	%	7.52	%	to	8.84	%
ING Oppenheimer Global Portfolio - Initial Class
2010	13		$	13.17	to	$	13.88	$	176		1.76	%	1.05	%	to	1.95	%	13.73	%	to	14.90	%
2009	14		$	11.58	to	$	12.08	$	165		2.53	%	1.05	%	to	1.95	%	36.88	%	to	38.06	%
2008	18		$	8.46	to	$	8.75	$	151		2.39	%	1.05	%	to	1.95	%	-41.45	%	to	-40.96	%
2007	18		$	14.45	to	$	14.82	$	267		1.13	%	1.05	%	to	1.95	%	4.48	%	to	5.48	%
2006	19		$	13.83	to	$	14.05	$	265		0.06	%	1.05	%	to	1.95	%	15.64	%	to	16.79	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



												Investment
	Units			Unit Fair Value						Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)						(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Oppenheimer Global Portfolio - Service Class
2010	629		$	9.77		to	$	15.80	$	8,835		1.42	%	1.00	%	to	2.45	%	13.15	%	to	14.58	%
2009	685		$	8.54		to	$	13.79	$	8,493		2.16	%	1.00	%	to	2.45	%	36.13	%	to	37.94	%
2008	751		$	6.20		to	$	10.00	$	6,873		2.43	%	1.00	%	to	2.45	%	-41.87	%	to	-41.04	%
2007	630		$	10.54		to	$	16.97	$	10,070		1.08	%	1.00	%	to	2.45	%	3.92	%	to	5.21	%
2006	534		$	13.88		to	$	16.13	$	8,193		0.08	%	1.05	%	to	2.45	%	14.97	%	to	16.38	%
ING Oppenheimer Global Strategic Income Portfolio -
Service Class
2010	10		$	12.04		to	$	12.12	$	126		3.38	%	1.00	%	to	1.20	%	14.12	%	to	14.34	%
2009	11		$	10.55		to	$	10.60	$	111		4.02	%	1.00	%	to	1.20	%	19.89	%	to	20.18	%
2008	10		$	8.80		to	$	8.82	$	88		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING PIMCO Total Return Portfolio - Service Class
2010	18		$	12.37		to	$	12.45	$	223		3.08	%	1.00	%	to	1.20	%	6.27	%	to	6.50	%
2009	20		$	11.64		to	$	11.69	$	232		4.08	%	1.00	%	to	1.20	%	11.28	%	to	11.44	%
2008	11		$	10.46		to	$	10.49	$	111		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING Solution 2015 Portfolio - Service Class
2010	21		$	9.99		to	$	10.06	$	206		2.08	%	1.00	%	to	1.20	%	9.90	%	to	10.19	%
2009	20		$	9.09		to	$	9.13	$	179		5.85	%	1.00	%	to	1.20	%	20.88				%
2008	3				$	7.52			$	26		(c)		1.20				%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING Solution 2025 Portfolio - Service Class
2010	119		$	9.58		to	$	9.65	$	1,143		1.46	%	1.00	%	to	1.20	%	12.44	%	to	12.73	%
2009	140		$	8.52		to	$	8.56	$	1,191		3.26	%	1.00	%	to	1.20	%	24.20	%	to	24.42	%
2008	112		$	6.86		to	$	6.88	$	771		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



												Investment
	Units			Unit Fair Value						Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)						(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Solution 2035 Portfolio - Service Class
2010	14		$	9.47		to	$	9.53	$	129		0.82	%	1.00	%	to	1.20	%	13.14	%	to	13.32	%
2009	14		$	8.37		to	$	8.41	$	115		2.08	%	1.00	%	to	1.20	%	26.82	%	to	27.04	%
2008	12		$	6.60		to	$	6.62	$	77		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING Solution 2045 Portfolio - Service Class
2010	2				$	9.34			$	20		-		1.00				%	13.90				%
2009	2				$	8.20			$	17		-		1.00				%	28.53				%
2008	2				$	6.38			$	14		(c)		1.00				%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING Solution Income Portfolio - Service Class
2010	10		$	10.67					$	102		3.16	%	1.20				%	8.22				%
2009	9				$	9.86			$	88		5.76	%	1.20				%	15.86				%
2008	6		$	8.51		to	$	8.53	$	51		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING T. Rowe Price Diversified Mid Cap Growth
Portfolio - Service Class
2010	157		$	11.06		to	$	11.14	$	1,745		0.07	%	1.00	%	to	1.20	%	26.54	%	to	26.88	%
2009	142		$	8.74		to	$	8.78	$	1,248		0.37	%	1.00	%	to	1.20	%	44.22	%	to	44.65	%
2008	65		$	6.06		to	$	6.07	$	393		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING T. Rowe Price Growth Equity Portfolio - Service
Class
2010	423		$	9.04		to	$	10.32	$	3,991		0.03	%	1.00	%	to	2.45	%	14.00	%	to	15.40	%
2009	423		$	7.93		to	$	8.96	$	3,481		-		1.00	%	to	2.45	%	39.37	%	to	41.23	%
2008	183		$	5.69		to	$	6.35	$	1,084		1.71	%	1.00	%	to	2.45	%	-43.58	%	to	-43.03	%
2007	20		$	10.12		to	$	10.18	$	201		(b)		1.25	%	to	2.10	%			(b)
2006	(b)					(b)				(b)		(b)				(b)					(b)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



												Investment
	Units			Unit Fair Value						Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)						(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Templeton Foreign Equity Portfolio - Service
Class
2010	895		$	8.72		to	$	10.53	$	9,121		1.85	%	1.00	%	to	2.45	%	6.08	%	to	7.48	%
2009	871		$	8.12		to	$	9.80	$	8,299		-		1.00	%	to	2.45	%	28.79	%	to	30.49	%
2008	825		$	6.24		to	$	7.51	$	6,061		3.51	%	1.00	%	to	2.45	%	-41.97	%	to	-41.24	%
2007	304		$	12.51		to	$	12.78	$	3,853		1.34	%	1.05	%	to	2.45	%	13.09	%	to	14.01	%
2006	42		$	11.15		to	$	11.21	$	466		(a)		1.05	%	to	1.85	%			(a)
ING Thornburg Value Portfolio - Initial Class
2010	0				$	9.48			$	2		-		1.75				%	9.47				%
2009	-				$	8.66			$	2		-		1.75				%	42.20				%
2008	-				$	6.09			$	1		-		1.75				%	-40.76				%
2007	-		$	10.28					$	3		-		1.75				%	5.33				%
2006	1		$	9.76		to	$	12.95	$	12		0.70	%	1.45	%	to	1.75	%	14.82	%	to	15.11	%
ING Thornburg Value Portfolio - Service Class
2010	25		$	9.60		to	$	9.67	$	237		1.42	%	1.00	%	to	1.20	%	9.71	%	to	10.01	%
2009	21		$	8.75		to	$	8.79	$	185		0.78	%	1.00	%	to	1.20	%	42.74	%	to	42.93	%
2008	12		$	6.13		to	$	6.15	$	72		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING UBS U.S. Large Cap Equity Portfolio - Service
Class
2010	58		$	8.69		to	$	11.79	$	604		0.67	%	1.00	%	to	2.10	%	10.69	%	to	11.89	%
2009	62		$	7.78		to	$	10.55	$	585		1.28	%	1.00	%	to	2.10	%	28.83	%	to	30.33	%
2008	70		$	5.99		to	$	8.10	$	510		2.23	%	1.00	%	to	2.10	%	-41.31	%	to	-40.66	%
2007	49		$	13.12		to	$	13.65	$	657		0.65	%	1.05	%	to	2.10	%	-1.20	%	to	-0.07	%
2006	43		$	13.28		to	$	13.66	$	581		0.73	%	1.05	%	to	2.10	%	12.04	%	to	13.08	%
ING Van Kampen Comstock Portfolio - Service Class
2010	401		$	8.91		to	$	12.75	$	4,530		1.20	%	1.00	%	to	2.60	%	12.37	%	to	13.94	%
2009	515		$	7.82		to	$	11.19	$	5,149		2.49	%	1.00	%	to	2.60	%	25.40	%	to	27.36	%
2008	424		$	6.14		to	$	8.80	$	3,365		4.24	%	1.00	%	to	2.60	%	-38.08	%	to	-37.14	%
2007	395		$	12.08		to	$	14.00	$	5,040		1.40	%	1.05	%	to	2.60	%	-4.56	%	to	-3.25	%
2006	278		$	12.72		to	$	14.47	$	3,696		0.74	%	1.05	%	to	2.45	%	13.35	%	to	14.66	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



												Investment
	Units			Unit Fair Value						Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)						(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Van Kampen Equity and Income Portfolio -
Service Class
2010	373		$	10.30		to	$	12.42	$	4,432		1.78	%	1.00	%	to	2.45	%	9.47	%	to	11.03	%
2009	278		$	9.30		to	$	11.23	$	2,971		1.78	%	1.00	%	to	2.45	%	19.48	%	to	21.14	%
2008	235		$	7.69		to	$	9.29	$	2,087		7.72	%	1.00	%	to	2.45	%	-25.33	%	to	-24.53	%
2007	86		$	11.96		to	$	12.31	$	1,047		1.64	%	1.25	%	to	2.45	%	0.93	%	to	1.99	%
2006	45		$	11.85		to	$	12.07	$	542		2.20	%	1.25	%	to	2.45	%	9.99	%	to	11.04	%
ING Strategic Allocation Conservative Portfolio -
Class S
2010	0				$	9.93			$	0		-		1.20				%	9.60				%
2009	-				$	9.06				-		(d)		1.20				%			(d)
2008	(d)					(d)				(d)		(d)				(d)					(d)
2007	(d)					(d)				(d)		(d)				(d)					(d)
2006	(d)					(d)				(d)		(d)				(d)					(d)
ING Strategic Allocation Growth Portfolio - Class S
2010	14		$	9.13		to	$	9.19	$	132		3.11	%	1.00	%	to	1.20	%	11.48	%	to	11.66	%
2009	15		$	8.19		to	$	8.23	$	125		10.05	%	1.00	%	to	1.20	%	23.34	%	to	23.57	%
2008	11		$	6.64		to	$	6.66	$	74		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING Strategic Allocation Moderate Portfolio - Class S
2010	3		$	9.52		to	$	9.59	$	32		3.28	%	1.00	%	to	1.20	%	10.31	%	to	10.61	%
2009	3		$	8.63		to	$	8.67	$	29		7.69	%	1.00	%	to	1.20	%	20.03	%	to	20.25	%
2008	3		$	7.19		to	$	7.21	$	23		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)
ING Growth and Income Portfolio - Class I
2010	153		$	8.85		to	$	8.89	$	1,354		1.07	%	1.25	%	to	1.40	%	12.45	%	to	12.67	%
2009	160		$	7.87		to	$	7.89	$	1,257		1.44	%	1.25	%	to	1.40	%	28.50	%	to	28.59	%
2008	181		$	6.12		to	$	6.14	$	1,109		1.48	%	1.25	%	to	1.40	%	-38.55	%	to	-38.35	%
2007	201				$	9.96			$	2,002		(b)		1.25	%	to	1.40	%			(b)
2006	(b)					(b)				(b)		(b)				(b)					(b)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



												Investment
	Units			Unit Fair Value						Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)						(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Growth and Income Portfolio - Class S
2010	573		$	8.53		to	$	9.62	$	5,047		0.86	%	1.00	%	to	2.45	%	11.21	%	to	12.69	%
2009	539		$	7.67		to	$	8.54	$	4,216		1.97	%	1.00	%	to	2.45	%	26.99	%	to	28.81	%
2008	123		$	6.04		to	$	6.63	$	755		3.95	%	1.00	%	to	2.45	%	-38.79	%	to	-38.69	%
2007	1				$	9.95			$	5		(b)		1.45	%	to	1.65	%			(b)
2006	(b)					(b)				(b)		(b)				(b)					(b)
ING GET U.S. Core Portfolio - Series 5
2010	194		$	10.12		to	$	10.71	$	2,009		1.75	%	1.55	%	to	2.40	%	-0.49	%	to	0.47	%
2009	237		$	10.17		to	$	10.66	$	2,455		3.44	%	1.55	%	to	2.40	%	-0.78	%	to	0.09	%
2008	295		$	10.25		to	$	10.65	$	3,070		1.51	%	1.55	%	to	2.40	%	-9.53	%	to	-8.82	%
2007	321		$	11.33		to	$	11.68	$	3,685		1.74	%	1.55	%	to	2.40	%	-0.35	%	to	0.52	%
2006	339		$	11.37		to	$	11.62	$	3,885		1.71	%	1.55	%	to	2.40	%	8.60	%	to	9.52	%
ING GET U.S. Core Portfolio - Series 6
2010	91		$	9.80		to	$	10.48	$	920		2.22	%	1.55	%	to	2.60	%	-0.61	%	to	0.48	%
2009	114		$	9.86		to	$	10.43	$	1,149		2.21	%	1.55	%	to	2.60	%	-0.90	%	to	0.10	%
2008	137		$	9.95		to	$	10.42	$	1,384		1.88	%	1.55	%	to	2.60	%	-8.63	%	to	-7.62	%
2007	145		$	10.89		to	$	11.28	$	1,596		2.37	%	1.55	%	to	2.60	%	0.65	%	to	1.71	%
2006	171		$	10.82		to	$	11.09	$	1,862		1.94	%	1.55	%	to	2.60	%	7.66	%	to	8.83	%
ING GET U.S. Core Portfolio - Series 7
2010	223		$	9.88		to	$	10.32	$	2,240		2.10	%	1.75	%	to	2.45	%	0.00	%	to	0.78	%
2009	242		$	9.88		to	$	10.24	$	2,427		2.31	%	1.75	%	to	2.45	%	-1.50	%	to	-0.78	%
2008	263		$	10.03		to	$	10.32	$	2,673		2.01	%	1.75	%	to	2.45	%	-7.30	%	to	-6.69	%
2007	292		$	10.82		to	$	11.06	$	3,187		2.63	%	1.75	%	to	2.45	%	0.74	%	to	1.47	%
2006	332		$	10.74		to	$	10.90	$	3,582		1.79	%	1.75	%	to	2.45	%	7.62	%	to	8.35	%
ING GET U.S. Core Portfolio - Series 8
2010	37		$	9.94		to	$	10.36	$	375		2.39	%	1.75	%	to	2.45	%	0.00	%	to	0.68	%
2009	38		$	9.94		to	$	10.29	$	379		2.11	%	1.75	%	to	2.45	%	-0.60	%	to	0.10	%
2008	38		$	10.00		to	$	10.28	$	380		2.34	%	1.75	%	to	2.45	%	-8.76	%	to	-8.05	%
2007	59		$	10.96		to	$	11.18	$	647		2.26	%	1.75	%	to	2.45	%	1.11	%	to	1.82	%
2006	62		$	10.84		to	$	11.02	$	680		0.69	%	1.55	%	to	2.45	%	7.97	%	to	9.00	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING GET U.S. Core Portfolio - Series 9
2010	20		$	10.04	to	$	10.56	$	203		2.31	%	1.55	%	to	2.45	%	1.21	%	to	2.13	%
2009	23		$	9.92	to	$	10.34	$	230		2.16	%	1.55	%	to	2.45	%	-0.90				%
2008	23		$	10.01	to	$	10.34	$	234		2.06	%	1.55	%	to	2.45	%	-7.49	%	to	-6.59	%
2007	23		$	10.82	to	$	11.07	$	252		2.84	%	1.55	%	to	2.45	%	1.41	%	to	2.31	%
2006	36		$	10.67	to	$	10.82	$	381		0.72	%	1.55	%	to	2.45	%	7.45	%	to	8.42	%
ING GET U.S. Core Portfolio - Series 10
2010	1		$	10.03	to	$	10.42	$	6		5.15	%	1.55	%	to	2.25	%	1.72	%	to	2.56	%
2009	19		$	9.86	to	$	10.16	$	188		4.32	%	1.55	%	to	2.25	%	-3.05	%	to	-2.40	%
2008	90		$	10.17	to	$	10.41	$	923		2.50	%	1.55	%	to	2.25	%	-6.01	%	to	-5.36	%
2007	91		$	10.82	to	$	11.00	$	995		1.81	%	1.55	%	to	2.25	%	1.22	%	to	1.95	%
2006	93		$	10.67	to	$	10.79	$	997		0.48	%	1.55	%	to	2.45	%	7.13	%	to	8.12	%
ING GET U.S. Core Portfolio - Series 11
2010	23		$	10.29	to	$	10.67	$	236		2.58	%	1.55	%	to	2.25	%	2.49	%	to	3.19	%
2009	23		$	10.04	to	$	10.34	$	230		3.75	%	1.55	%	to	2.25	%	-3.00	%	to	-2.27	%
2008	24		$	10.35	to	$	10.58	$	250		2.36	%	1.55	%	to	2.25	%	-1.71	%	to	-1.03	%
2007	24		$	10.53	to	$	10.69	$	258		0.32	%	1.55	%	to	2.25	%	-0.28	%	to	0.47	%
2006	507		$	10.54	to	$	10.64	$	5,356		(a)		1.55	%	to	2.45	%			(a)
ING GET U.S. Core Portfolio - Series 12
2010	5		$	10.26	to	$	10.51	$	54		3.70	%	1.95	%	to	2.45	%	3.22	%	to	3.66	%
2009	5		$	9.94	to	$	10.10	$	54		3.64	%	2.05	%	to	2.45	%	-3.02	%	to	-2.60	%
2008	5		$	10.25	to	$	10.37	$	56		1.69	%	2.05	%	to	2.45	%	-8.48	%	to	-8.15	%
2007	6		$	11.20	to	$	11.29	$	62		0.16	%	2.05	%	to	2.45	%	0.45	%	to	0.89	%
2006	105		$	11.15	to	$	11.23	$	1,171		(a)		1.55	%	to	2.45	%			(a)
ING GET U.S. Core Portfolio - Series 13
2010	63		$	10.21	to	$	10.45	$	647		2.50	%	1.95	%	to	2.45	%	3.97	%	to	4.50	%
2009	64		$	9.82	to	$	10.00	$	632		3.57	%	1.95	%	to	2.45	%	-4.47	%	to	-3.94	%
2008	69		$	10.28	to	$	10.41	$	711		1.10	%	1.95	%	to	2.45	%	-0.10	%	to	0.39	%
2007	72		$	10.29	to	$	10.37	$	740		0.85	%	1.95	%	to	2.45	%	2.39	%	to	2.88	%
2006	950		$	10.05	to	$	10.08	$	9,554		(a)		1.95	%	to	2.60	%			(a)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING GET U.S. Core Portfolio - Series 14
2010	831		$	10.25	to	$	10.70	$	8,621		3.95	%	1.55	%	to	2.60	%	4.06	%	to	5.21	%
2009	898		$	9.85	to	$	10.17	$	8,915		4.14	%	1.55	%	to	2.60	%	-3.43	%	to	-2.40	%
2008	943		$	10.20	to	$	10.42	$	9,664		1.80	%	1.55	%	to	2.60	%	0.39	%	to	1.46	%
2007	1,027		$	10.16	to	$	10.27	$	10,461		(b)		1.55	%	to	2.60	%			(b)
2006	(b)				(b)				(b)		(b)				(b)					(b)
ING BlackRock Science and Technology Opportunities
Portfolio - Class S
2010	662		$	11.12	to	$	11.61	$	7,515		-		1.00	%	to	2.45	%	15.47	%	to	17.04	%
2009	472		$	9.63	to	$	9.92	$	4,605		-		1.00	%	to	2.45	%	49.07	%	to	51.00	%
2008	305		$	6.46	to	$	6.57	$	1,982		(c)		1.00	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING Euro STOXX 50 Index Portfolio - Class A
2010	10		$	8.74	to	$	8.82	$	85		-		1.15	%	to	1.85	%	-10.70	%	to	-10.18	%
2009	5		$	9.81	to	$	9.82	$	53		(d)		1.15	%	to	1.65	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Hang Seng Index Portfolio - Class S
2010	196		$	13.53	to	$	13.80	$	2,685		0.05	%	1.15	%	to	2.45	%	5.05	%	to	6.24	%
2009	129		$	12.88	to	$	12.99	$	1,663		(d)		1.15	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Index Plus LargeCap Portfolio - Class S
2010	384		$	8.90	to	$	11.08	$	3,959		1.70	%	1.00	%	to	2.25	%	11.09	%	to	12.43	%
2009	401		$	7.93	to	$	9.89	$	3,685		2.76	%	1.00	%	to	2.25	%	20.18	%	to	21.87	%
2008	428		$	6.52	to	$	8.16	$	3,275		1.85	%	1.00	%	to	2.60	%	-38.94	%	to	-38.01	%
2007	443		$	11.40	to	$	13.23	$	5,607		0.81	%	1.05	%	to	2.60	%	2.31	%	to	3.61	%
2006	329		$	11.10	to	$	12.81	$	4,051		0.89	%	1.05	%	to	2.45	%	11.64	%	to	13.13	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Index Plus MidCap Portfolio - Class S
2010	539		$	9.96	to	$	15.39	$	6,808		0.85	%	1.00	%	to	2.45	%	18.75	%	to	20.33	%
2009	579		$	8.29	to	$	12.79	$	6,155		1.33	%	1.00	%	to	2.45	%	28.47	%	to	30.16	%
2008	590		$	6.38	to	$	9.83	$	4,941		1.15	%	1.00	%	to	2.60	%	-39.26	%	to	-38.41	%
2007	506		$	11.17	to	$	15.96	$	7,246		0.50	%	1.05	%	to	2.60	%	2.82	%	to	4.11	%
2006	433		$	10.75	to	$	15.33	$	5,948		0.42	%	1.05	%	to	2.45	%	6.57	%	to	8.03	%
ING Index Plus SmallCap Portfolio - Class S
2010	473		$	9.42	to	$	15.17	$	5,734		0.48	%	1.00	%	to	2.45	%	19.59	%	to	21.20	%
2009	506		$	7.79	to	$	12.52	$	5,099		1.39	%	1.00	%	to	2.45	%	21.69	%	to	23.31	%
2008	529		$	6.33	to	$	10.16	$	4,383		0.65	%	1.00	%	to	2.60	%	-35.28	%	to	-34.37	%
2007	481		$	10.15	to	$	15.48	$	6,353		0.12	%	1.05	%	to	2.60	%	-8.68	%	to	-7.47	%
2006	377		$	10.99	to	$	16.73	$	5,395		0.25	%	1.05	%	to	2.45	%	10.84	%	to	12.28	%
ING International Index Portfolio - Class S
2010	472		$	7.89	to	$	14.88	$	4,169		3.27	%	1.00	%	to	2.45	%	5.19	%	to	6.59	%
2009	458		$	7.50	to	$	13.96	$	3,838		-		1.00	%	to	2.45	%	24.54	%	to	25.99	%
2008	96		$	6.02	to	$	6.08	$	580		(c)		1.15	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING Japan TOPIX Index® Portfolio - Class A
2010	2		$	11.01	to	$	11.07	$	20		(e)		1.25	%	to	1.65	%			(e)
2009	(e)				(e)				(e)		(e)				(e)					(e)
2008	(e)				(e)				(e)		(e)				(e)					(e)
2007	(e)				(e)				(e)		(e)				(e)					(e)
2006	(e)				(e)				(e)		(e)				(e)					(e)
ING Russell™ Large Cap Growth Index Portfolio -
Class S
2010	94		$	13.85	to	$	14.17	$	1,321		0.57	%	1.00	%	to	2.45	%	9.92	%	to	11.32	%
2009	89		$	12.60	to	$	12.73	$	1,128		(d)		1.00	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Russell™ Large Cap Index Portfolio - Class S
2010	762		$	8.80	to	$	14.24	$	7,223		3.22	%	1.05	%	to	2.45	%	9.44	%	to	10.83	%
2009	806		$	8.04	to	$	12.88	$	6,941		-		1.05	%	to	2.45	%	20.54	%	to	22.17	%
2008	85		$	6.67	to	$	6.72	$	574		(c)		1.15	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING Russell™ Large Cap Value Index Portfolio -
Class S
2010	129		$	13.49	to	$	13.79	$	1,766		1.50	%	1.05	%	to	2.45	%	8.53	%	to	9.97	%
2009	114		$	12.43	to	$	12.54	$	1,431		(d)		1.05	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Russell™ Mid Cap Growth Index Portfolio -
Class S
2010	282		$	15.87	to	$	16.20	$	4,547		0.29	%	1.15	%	to	2.45	%	22.93	%	to	24.42	%
2009	288		$	12.91	to	$	13.02	$	3,743		(d)		1.15	%	to	2.45	%			(d)
2008	(d)				(d)				(d)		(d)				(d)					(d)
2007	(d)				(d)				(d)		(d)				(d)					(d)
2006	(d)				(d)				(d)		(d)				(d)					(d)
ING Russell™ Mid Cap Index Portfolio - Class S
2010	262		$	10.16	to	$	10.50	$	2,725		0.48	%	1.05	%	to	2.25	%	22.12	%	to	23.53	%
2009	220		$	8.32	to	$	8.50	$	1,854		-		1.05	%	to	2.25	%	36.62	%	to	38.11	%
2008	83		$	6.09	to	$	6.14	$	507		(c)		1.15	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING Russell™ Small Cap Index Portfolio - Class S
2010	239		$	10.53	to	$	10.90	$	2,576		0.40	%	1.05	%	to	2.45	%	23.13	%	to	24.71	%
2009	220		$	8.55	to	$	8.74	$	1,908		-		1.05	%	to	2.45	%	23.52	%	to	25.04	%
2008	120		$	6.92	to	$	6.99	$	834		(c)		1.05	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING Small Company Portfolio - Class S
2010	302		$	10.61	to	$	11.04	$	3,248		0.32	%	1.00	%	to	2.45	%	21.15	%	to	22.87	%
2009	352		$	8.66	to	$	9.01	$	3,101		0.47	%	1.00	%	to	2.45	%	24.33	%	to	25.90	%
2008	168		$	6.89	to	$	7.16	$	1,169		(c)		1.00	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING U.S. Bond Index Portfolio - Class S
2010	519		$	10.81	to	$	11.21	$	5,730		2.48	%	1.00	%	to	2.45	%	3.44	%	to	4.86	%
2009	524		$	10.45	to	$	10.69	$	5,543		2.61	%	1.00	%	to	2.45	%	3.16	%	to	4.50	%
2008	229		$	10.13	to	$	10.23	$	2,336		(c)		1.00	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING WisdomTree^SMGlobal High-Yielding Equity
Index Portfolio - Class S
2010	583		$	7.91	to	$	8.18	$	4,718		3.59	%	1.15	%	to	2.45	%	3.39	%	to	4.66	%
2009	808		$	7.65	to	$	7.81	$	6,261		-		1.15	%	to	2.45	%	26.87	%	to	28.45	%
2008	593		$	6.00	to	$	6.09	$	3,600		(c)		1.15	%	to	2.45	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING International Value Portfolio - Class S
2010	119		$	8.09	to	$	8.14	$	966		1.73	%	1.00	%	to	1.20	%	1.13	%	to	1.24	%
2009	125		$	8.00	to	$	8.04	$	1,004		1.58	%	1.00	%	to	1.20	%	24.61	%	to	24.84	%
2008	99		$	6.42	to	$	6.44	$	637		(c)		1.00	%	to	1.20	%			(c)
2007	(c)				(c)				(c)		(c)				(c)					(c)
2006	(c)				(c)				(c)		(c)				(c)					(c)
ING MidCap Opportunities Portfolio - Class S
2010	460		$	11.26	to	$	12.84	$	5,472		0.50	%	1.00	%	to	2.45	%	26.94	%	to	28.66	%
2009	434		$	8.87	to	$	9.98	$	4,043		0.11	%	1.00	%	to	2.45	%	37.73	%	to	39.58	%
2008	459		$	6.43	to	$	7.15	$	3,061		-		1.00	%	to	2.45	%	-38.62	%	to	-38.50	%
2007	5		$	10.72	to	$	10.83	$	56		-		1.25	%	to	1.40	%	23.79	%	to	23.91	%
2006	5		$	8.66	to	$	8.74	$	45		-		1.25	%	to	1.40	%	6.00	%	to	6.33	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



											Investment
	Units			Unit Fair Value					Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)					(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
ING SmallCap Opportunities Portfolio - Class S
2010	66		$	11.20	to	$	15.69	$	863		-		1.00	%	to	2.00	%	29.37	%	to	30.71	%
2009	72		$	8.58	to	$	12.03	$	721		-		1.00	%	to	2.00	%	28.15	%	to	29.39	%
2008	82		$	6.65	to	$	9.32	$	631		-		1.00	%	to	2.00	%	-35.93	%	to	-35.41	%
2007	45		$	8.80	to	$	14.43	$	633		-		1.25	%	to	2.00	%	7.68	%	to	8.41	%
2006	41		$	8.13	to	$	13.31	$	534		-		1.25	%	to	1.95	%	10.13	%	to	11.01	%
Invesco V.I. Leisure Fund - Series I Shares
2010	14		$	11.73	to	$	12.55	$	167		0.59	%	1.25	%	to	2.10	%	19.33	%	to	20.44	%
2009	17		$	9.83	to	$	10.42	$	173		1.95	%	1.25	%	to	2.10	%	30.03	%	to	31.07	%
2008	18		$	7.56	to	$	7.95	$	135		0.93	%	1.25	%	to	2.10	%	-44.25	%	to	-43.74	%
2007	22		$	13.46	to	$	14.13	$	295		1.47	%	1.25	%	to	2.45	%	-3.17	%	to	-2.08	%
2006	27		$	13.90	to	$	14.43	$	386		1.27	%	1.25	%	to	2.45	%	21.80	%	to	23.02	%
Legg Mason ClearBridge Variable Large Cap Value
Portfolio - Class I
2010	39		$	8.18	to	$	8.23	$	318		2.87	%	1.25	%	to	1.40	%	7.92	%	to	8.15	%
2009	41		$	7.58	to	$	7.61	$	309		1.70	%	1.25	%	to	1.40	%	22.85	%	to	22.94	%
2008	45		$	6.17	to	$	6.19	$	278		1.14	%	1.25	%	to	1.40	%	-36.59	%	to	-36.45	%
2007	62		$	9.73	to	$	9.74	$	603		(b)		1.25	%	to	1.40	%			(b)
2006	(b)				(b)				(b)		(b)				(b)					(b)
Legg Mason Global Currents Variable International
All Cap Opportunity Portfolio
2010	9		$	13.36	to	$	13.68	$	119		1.69	%	1.25	%	to	1.40	%	2.22	%	to	2.40	%
2009	9		$	13.07	to	$	13.36	$	118		0.92	%	1.25	%	to	1.40	%	26.77	%	to	27.00	%
2008	10		$	10.31	to	$	10.52	$	100		2.01	%	1.25	%	to	1.40	%	-44.18	%	to	-44.10	%
2007	11		$	18.47	to	$	18.82	$	199		0.96	%	1.25	%	to	1.40	%	4.88	%	to	4.96	%
2006	12		$	17.61	to	$	17.93	$	219		2.02	%	1.25	%	to	1.40	%	24.10	%	to	24.34	%
Legg Mason Variable Lifestyle Allocation 50%
2010	72		$	17.07	to	$	17.44	$	1,234		2.90	%	1.25	%	to	1.40	%	12.75	%	to	12.95	%
2009	83		$	15.14	to	$	15.44	$	1,252		4.56	%	1.25	%	to	1.40	%	30.40	%	to	30.63	%
2008	107		$	11.61	to	$	11.82	$	1,250		3.53	%	1.25	%	to	1.40	%	-28.33	%	to	-28.23	%
2007	122		$	16.20	to	$	16.47	$	1,982		3.22	%	1.25	%	to	1.40	%	1.76	%	to	1.92	%
2006	159		$	15.92	to	$	16.16	$	2,545		2.52	%	1.25	%	to	1.40	%	6.70	%	to	6.88	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



												Investment
	Units			Unit Fair Value						Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)						(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
Legg Mason Variable Lifestyle Allocation 70%
2010	37		$	14.69		to	$	15.00	$	551		2.05	%	1.25	%	to	1.40	%	13.44	%	to	13.55	%
2009	40		$	12.95		to	$	13.21	$	521		3.26	%	1.25	%	to	1.40	%	31.07	%	to	31.31	%
2008	47		$	9.88		to	$	10.06	$	462		2.28	%	1.25	%	to	1.40	%	-33.74	%	to	-33.64	%
2007	57		$	14.91		to	$	15.16	$	856		2.62	%	1.25	%	to	1.40	%	2.40	%	to	2.57	%
2006	67		$	14.56		to	$	14.78	$	974		1.58	%	1.25	%	to	1.40	%	7.30	%	to	7.49	%
Legg Mason Variable Lifestyle Allocation 85%
2010	18		$	14.34		to	$	14.64	$	256		1.55	%	1.25	%	to	1.40	%	14.08	%	to	14.20	%
2009	21		$	12.57		to	$	12.82	$	261		2.06	%	1.25	%	to	1.40	%	30.67	%	to	30.82	%
2008	23		$	9.62		to	$	9.80	$	224		1.61	%	1.25	%	to	1.40	%	-38.29	%	to	-38.17	%
2007	25		$	15.59		to	$	15.85	$	399		1.42	%	1.25	%	to	1.40	%	1.90	%	to	2.06	%
2006	29		$	15.30		to	$	15.53	$	447		0.82	%	1.25	%	to	1.40	%	7.90	%	to	8.07	%
Legg Mason Western Asset Variable High Income
Portfolio
2010	10		$	21.17		to	$	21.68	$	209		9.69	%	1.25	%	to	1.40	%	14.99	%	to	15.20	%
2009	10		$	18.41		to	$	18.82	$	183		12.04	%	1.25	%	to	1.40	%	57.75	%	to	57.89	%
2008	10		$	11.67		to	$	11.92	$	116		12.33	%	1.25	%	to	1.40	%	-30.99	%	to	-30.86	%
2007	10		$	16.91		to	$	17.24	$	176		8.14	%	1.25	%	to	1.40	%	-1.11	%	to	-0.92	%
2006	13		$	17.10		to	$	17.40	$	217		7.65	%	1.25	%	to	1.40	%	9.40	%	to	9.57	%
Oppenheimer Main Street Small Cap Fund®/VA -
Service Class
2010	9		$	10.02		to	$	10.09	$	88		-		1.00	%	to	1.20	%	21.60	%	to	21.86	%
2009	12		$	8.24		to	$	8.28	$	98		1.17	%	1.00	%	to	1.20	%	35.30	%	to	35.52	%
2008	12		$	6.09		to	$	6.11	$	73		-		1.00	%	to	1.20	%	-38.65				%
2007	5				$	9.96			$	47		(b)		1.00				%			(b)
2006	(b)					(b)				(b)		(b)				(b)					(b)
PIMCO Real Return Portfolio - Administrative Class
2010	18		$	12.28		to	$	12.36	$	225		1.46	%	1.00	%	to	1.20	%	6.88	%	to	7.01	%
2009	16		$	11.49		to	$	11.55	$	187		3.04	%	1.00	%	to	1.20	%	16.89	%	to	17.14	%
2008	14		$	9.83		to	$	9.86	$	142		(c)		1.00	%	to	1.20	%			(c)
2007	(c)					(c)				(c)		(c)				(c)					(c)
2006	(c)					(c)				(c)		(c)				(c)					(c)


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



												Investment
	Units			Unit Fair Value						Net Assets		Income		Expense Ratio^B					Total Return^C
	(000	's)		(lowest to highest)						(000	's)	Ratio^A		(lowest to highest)					(lowest to highest)
Pioneer Equity Income VCT Portfolio - Class II
2010	185		$	9.07		to	$	9.14	$	1,683		1.93	%	1.00	%	to	1.20	%	17.79	%	to	18.09	%
2009	198		$	7.70		to	$	7.74	$	1,526		3.21	%	1.00	%	to	1.20	%	12.41	%	to	12.83	%
2008	187		$	6.85		to	$	6.86	$	1,279		2.71	%	1.00	%	to	1.20	%	-31.19				%
2007	5				$	9.97			$	47		(b)		1.00				%			(b)
2006	(b)					(b)				(b)		(b)				(b)					(b)
ProFund VP Bull
2010	3		$	8.30		to	$	10.51	$	26		-		1.25	%	to	1.85	%	10.46	%	to	11.22	%
2009	6		$	7.51		to	$	9.47	$	58		-		1.25	%	to	1.85	%	21.97	%	to	22.69	%
2008	8		$	6.14		to	$	7.73	$	57		-		1.25	%	to	1.85	%	-38.81	%	to	-38.38	%
2007	9		$	10.03		to	$	12.59	$	108		0.96	%	1.25	%	to	2.25	%	1.24	%	to	2.17	%
2006	9		$	9.86		to	$	12.33	$	101		0.26	%	1.25	%	to	2.25	%	11.11	%	to	12.28	%
ProFund VP Europe 30
2010	5		$	9.17		to	$	11.48	$	51		1.67	%	1.25	%	to	1.95	%	0.63	%	to	1.37	%
2009	6		$	9.09		to	$	11.35	$	69		3.05	%	1.25	%	to	1.95	%	29.69	%	to	30.67	%
2008	8		$	7.00		to	$	8.71	$	62		2.01	%	1.25	%	to	1.95	%	-45.10	%	to	-44.71	%
2007	9		$	12.72		to	$	15.78	$	137		2.23	%	1.25	%	to	1.95	%	12.38	%	to	13.17	%
2006	10		$	11.30		to	$	13.98	$	132		0.43	%	1.05	%	to	1.95	%	15.18	%	to	16.32	%
ProFund VP Rising Rates Opportunity
2010	31		$	4.83		to	$	5.65	$	165		-		1.05	%	to	1.95	%	-17.68	%	to	-16.96	%
2009	33		$	5.86		to	$	6.86	$	216		0.50	%	1.05	%	to	1.95	%	29.65	%	to	30.87	%
2008	36		$	4.52		to	$	5.28	$	181		5.05	%	1.05	%	to	2.45	%	-39.45	%	to	-38.57	%
2007	50		$	7.42		to	$	8.69	$	413		5.29	%	1.05	%	to	2.45	%	-7.35	%	to	-6.21	%
2006	56		$	7.98		to	$	9.30	$	495		2.07	%	1.05	%	to	2.45	%	7.67	%	to	8.89	%


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT NY-B
Notes to Financial Statements



(a)	As investment Division had no investments until 2006, this data is not meaningful and is therefore not presented.
(b)	As investment Division had no investments until 2007, this data is not meaningful and is therefore not presented.
(c)	As investment Division had no investments until 2008, this data is not meaningful and is therefore not presented.
(d)	As investment Division had no investments until 2009, this data is not meaningful and is therefore not presented.
(e)	As investment Division had no investments until 2010, this data is not meaningful and is therefore not presented.

A	The Investment Income Ratio represents dividends received by the Division, excluding capital gains distributions divided by the average net assets.
	The recognition of investment income is determined by the timing of the declaration of dividends by the underlying fund in which the Division invests.
B	The Expense Ratio considers only the expenses borne directly by the Account and is equal to the mortality and expense, administrative and other charges,
	as defined in Note 5. Certain items in this table are presented as a range of minimum and maximum values; however, such information is calculated
	independently for each column in the table.
C	Total Return is calculated as the change in unit value for each Contract presented in the Statements of Assets and Liabilities. Certain items in this
	table are presented as a range of minimum and maximum values; however, such information is calculated independently for each column in the table.

Except for subaccounts which did not commence operations as of December 31, 2010, the following tables give (1) the accumulation unit value ("AUV") at the beginning of the period, (2) the AUV at the end of the period and (3) the total number of accumulation units outstanding at the end of the period for each subaccount of ReliaStar of NY Separate Account NY-B available under the Contract for the indicated periods. Fund name changes after December 31, 2010 are not reflected in the following information.


		Separate Account Annual Charges of 1.05%

		2010		2009		2008		2007		2006		2005		2004		2003
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during April 2006)
Value at beginning of period	$	11.40	$	9.22	$	12.97	$	13.46	$	12.99
Value at end of period	$	14.27	$	11.40	$	9.22	$	12.97	$	13.46
Number of accumulation units outstanding at end of period		0		0		0		222		222
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	14.12	$	10.53	$	18.57	$	16.00	$	14.51	$	12.57	$	11.03	$	10.00
Value at end of period	$	16.33	$	14.12	$	10.53	$	18.57	$	16.00	$	14.51	$	12.57	$	11.03
Number of accumulation units outstanding at end of period		6,508		9,160		11,829		13,703		14,467		10,615		10,696		5,194
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.08	$	7.84	$	13.85	$	13.83	$	11.65	$	11.15	$	10.13	$	10.00
Value at end of period	$	11.46	$	10.08	$	7.84	$	13.85	$	13.83	$	11.65	$	11.15	$	10.13
Number of accumulation units outstanding at end of period		5,630		5,911		6,136		6,243		12,728		12,851		13,601		5,826
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.54	$	8.93	$	14.60	$	14.13	$	12.46	$	11.95	$	11.00	$	10.00
Value at end of period	$	12.66	$	11.54	$	8.93	$	14.60	$	14.13	$	12.46	$	11.95	$	11.00
Number of accumulation units outstanding at end of period		8,766		8,855		8,887		9,060		8,448		9,861		8,407		144
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	12.40	$	9.04	$	16.39	$	14.82	$	13.66	$	11.94	$	10.79
Value at end of period	$	14.49	$	12.40	$	9.04	$	16.39	$	14.82	$	13.66	$	11.94
Number of accumulation units outstanding at end of period		10,215		10,459		10,818		10,920		10,653		11,813		12,165
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	18.13	$	12.87	$	22.61	$	19.14	$	16.34	$	13.66	$	11.76
Value at end of period	$	19.14	$	18.13	$	12.87	$	22.61	$	19.14	$	16.34	$	13.66
Number of accumulation units outstanding at end of period		435		586		671		699		723		844		983
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	13.94	$	11.71	$	21.00	$	18.22	$	15.61
Value at end of period	$	14.73	$	13.94	$	11.71	$	21.00	$	18.22
Number of accumulation units outstanding at end of period		0		0		0		64		64
ING BALANCED PORTFOLIO
Value at beginning of period	$	9.14	$	7.77	$	10.95	$	10.51
Value at end of period	$	10.29	$	9.14	$	7.77	$	10.95
Number of accumulation units outstanding at end of period		907		920		836		4,368


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004	2003
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during August 2005)
Value at beginning of period	$	10.27	$	7.68	$	13.21	$	12.58	$	11.03	$	11.00
Value at end of period	$	12.86	$	10.27	$	7.68	$	13.21	$	12.58	$	11.03
Number of accumulation units outstanding at end of period		71		259		381		406		430		455
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.14	$	7.87	$	13.06	$	12.36	$	11.66	$	10.92
Value at end of period	$	11.38	$	10.14	$	7.87	$	13.06	$	12.36	$	11.66
Number of accumulation units outstanding at end of period		1,883		1,885		1,886		1,886		1,888		1,889
ING BLACKROCK LARGE CAP VALUE PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	9.52	$	8.53	$	13.32	$	12.91	$	12.32
Value at end of period	$	10.46	$	9.52	$	8.53	$	13.32	$	12.91
Number of accumulation units outstanding at end of period		0		0		0		844		844
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.84	$	9.31
Value at end of period	$	11.51	$	9.84
Number of accumulation units outstanding at end of period		94		95
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	14.61	$	10.86	$	17.86	$	21.94	$	16.11	$	13.55
Value at end of period	$	18.50	$	14.61	$	10.86	$	17.86	$	21.94	$	16.11
Number of accumulation units outstanding at end of period		299		438		529		613		668		583
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	8.27	$	6.24
Value at end of period	$	10.25	$	8.27
Number of accumulation units outstanding at end of period		0		320
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	10.17	$	9.27	$	11.12	$	10.95	$	10.94
Value at end of period	$	11.37	$	10.17	$	7.79	$	11.12	$	10.95
Number of accumulation units outstanding at end of period		381		1,238		0		1,690		1,878
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during August 2007)
Value at beginning of period	$	9.18	$	7.34	$	11.92	$	11.71
Value at end of period	$	10.14	$	9.18	$	7.34	$	11.92
Number of accumulation units outstanding at end of period		778		861		2,264		2,470
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	16.88	$	12.41	$	21.25	$	16.12	$	16.27
Value at end of period	$	20.32	$	16.88	$	12.41	$	21.25	$	16.12
Number of accumulation units outstanding at end of period		1,380		1,529		1,531		243		177
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.88	$	7.16
Value at end of period	$	8.88	$	7.88
Number of accumulation units outstanding at end of period		3,140		3,183


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.09	$	7.47	$	12.05	$	11.63	$	10.28	$	9.88	$	9.06	$	10.00
Value at end of period	$	10.22	$	9.09	$	7.47	$	12.05	$	11.63	$	10.28	$	9.88	$	9.06
Number of accumulation units outstanding at end of period		7,767		8,407		9,181		13,755		14,665		15,902		17,336		2,261
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.79	$	9.83	$	15.96	$	15.33	$	14.19	$	12.94	$	11.24	$	10.00
Value at end of period	$	15.39	$	12.79	$	9.83	$	15.96	$	15.33	$	14.19	$	12.94	$	11.24
Number of accumulation units outstanding at end of period		1,445		1,950		3,194		4,643		4,910		5,208		5,699		2,393
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.52	$	10.16	$	15.48	$	16.73	$	14.90	$	14.02	$	11.64	$	10.00
Value at end of period	$	15.17	$	12.52	$	10.16	$	15.48	$	16.73	$	14.90	$	14.02	$	11.64
Number of accumulation units outstanding at end of period		218		218		218		942		1,659		1,840		1,842		1,049
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	10.82	$	10.75	$	10.87	$	10.40	$	10.00
Value at end of period	$	11.73	$	10.82	$	9.83	$	10.87	$	10.40
Number of accumulation units outstanding at end of period		732		2,651		0		1,815		1,945
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.67	$	7.07
Value at end of period	$	8.17	$	7.67
Number of accumulation units outstanding at end of period		0		1,250
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	13.07	$	9.68	$	19.17	$	16.03	$	14.22
Value at end of period	$	14.74	$	13.07	$	9.68	$	19.17	$	16.03
Number of accumulation units outstanding at end of period		1,711		2,096		2,098		2,549		406
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	20.74	$	12.22	$	25.34	$	18.49	$	16.05
Value at end of period	$	24.69	$	20.74	$	12.22	$	25.34	$	18.49
Number of accumulation units outstanding at end of period		552		610		1,606		1,896		2,026
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	14.56	$	11.71	$	17.67	$	17.45	$	15.14	$	14.10	$	11.82	$	10.00
Value at end of period	$	17.71	$	14.56	$	11.71	$	17.67	$	17.45	$	15.14	$	14.10	$	11.82
Number of accumulation units outstanding at end of period		1,731		1,823		1,121		1,834		1,980		2,059		1,643		1,642
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.09	$	10.39	$	14.99	$	15.41	$	13.35	$	13.01	$	10.44	$	10.00
Value at end of period	$	16.41	$	13.09	$	10.39	$	14.99	$	15.41	$	13.35	$	13.01	$	10.44
Number of accumulation units outstanding at end of period		750		793		960		1,170		2,451		2,307		1,799		185
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.61	$	8.95	$	12.48	$	11.30	$	10.82	$	10.54
Value at end of period	$	14.26	$	12.61	$	8.95	$	12.48	$	11.30	$	10.82
Number of accumulation units outstanding at end of period		1,063		1,063		1,063		1,063		1,063		1,062


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.69	$	8.18	$	13.63	$	14.04	$	12.90	$	11.63
Value at end of period	$	13.13	$	10.69	$	8.18	$	13.63	$	14.04	$	12.90
Number of accumulation units outstanding at end of period		574		574		575		575		575		575
ING LIQUID ASSETS PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	18.22	$	18.35	$	18.10	$	17.43	$	16.99
Value at end of period	$	18.03	$	18.22	$	18.35	$	18.10	$	17.43
Number of accumulation units outstanding at end of period		58,410		73,578		58,287		717		102
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	12.40	$	9.10	$	18.22	$	15.27	$	12.45	$	11.23
Value at end of period	$	13.96	$	12.40	$	9.10	$	18.22	$	15.27	$	12.45
Number of accumulation units outstanding at end of period		1,009		1,019		1,219		1,819		2,008		1,435
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	26.16	$	22.43	$	29.19	$	28.36	$	25.61	$	25.15	$	22.87	$	10.00
Value at end of period	$	28.44	$	26.16	$	22.43	$	29.19	$	28.36	$	25.61	$	25.15	$	22.87
Number of accumulation units outstanding at end of period		4,008		4,086		3,722		5,912		5,626		5,933		5,121		1,397
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	12.08	$	8.75	$	14.82	$	14.05	$	12.03	$	10.06
Value at end of period	$	13.88	$	12.08	$	8.75	$	14.82	$	14.05	$	12.03
Number of accumulation units outstanding at end of period		2,048		2,192		3,548		3,746		3,925		4,136
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	13.79	$	10.00	$	16.97	$	16.13	$	13.86	$	12.37	$	10.87	$	10.00
Value at end of period	$	15.80	$	13.79	$	10.00	$	16.97	$	16.13	$	13.86	$	12.37	$	10.87
Number of accumulation units outstanding at end of period		104		104		811		812		813		202		3,726		1,123
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.92	$	9.42	$	12.29	$	12.07	$	11.20	$	10.85	$	10.00
Value at end of period	$	15.74	$	13.92	$	9.42	$	12.29	$	12.07	$	11.20	$	10.85
Number of accumulation units outstanding at end of period		2,073		2,074		2,074		5,386		6,722		6,615		6,112
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	18.54	$	16.38	$	15.88	$	14.73	$	14.27	$	14.07	$	13.56	$	10.00
Value at end of period	$	19.76	$	18.54	$	16.38	$	15.88	$	14.73	$	14.27	$	14.07	$	13.56
Number of accumulation units outstanding at end of period		9,120		7,844		6,600		8,528		8,574		8,560		8,679		2,680
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.38	$	9.22
Value at end of period	$	10.36	$	9.38
Number of accumulation units outstanding at end of period		1,020		1,021
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.64	$	9.50
Value at end of period	$	10.59	$	9.64
Number of accumulation units outstanding at end of period		22,867		23,734


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004	2003
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.87	$	9.75
Value at end of period	$	10.70	$	9.87
Number of accumulation units outstanding at end of period		13,962		2,277
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.72	$	10.85
Value at end of period	$	14.16	$	12.72
Number of accumulation units outstanding at end of period		2,735		3,157
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	8.22	$	6.99
Value at end of period	$	9.11	$	8.22
Number of accumulation units outstanding at end of period		1,637		1,637
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.54	$	10.65
Value at end of period	$	13.79	$	12.54
Number of accumulation units outstanding at end of period		261		965
ING RUSSELL^TMMID CAP INDEX PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.50	$	8.32
Value at end of period	$	10.50	$	8.50
Number of accumulation units outstanding at end of period		79		80
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	8.74	$	6.99	$	10.06
Value at end of period	$	10.90	$	8.74	$	6.99
Number of accumulation units outstanding at end of period		3,530		3,530		3,531
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.22	$	9.27	$	12.92	$	12.51	$	11.03	$	10.79
Value at end of period	$	13.79	$	12.22	$	9.27	$	12.92	$	12.51	$	11.03
Number of accumulation units outstanding at end of period		1,355		1,548		1,473		414		438		463
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.91	$	8.82	$	13.86	$	13.59	$	11.53	$	11.02
Value at end of period	$	12.40	$	10.91	$	8.82	$	13.86	$	13.59	$	11.53
Number of accumulation units outstanding at end of period		0		0		0		486		486		540
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Fund first available during May 2006)
Value at beginning of period	$	9.80	$	7.51	$	12.78	$	11.21	$	9.79
Value at end of period	$	10.53	$	9.80	$	7.51	$	12.78	$	11.21
Number of accumulation units outstanding at end of period		821		821		1,869		1,870		1,871
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	10.68	$	10.23	$	10.00
Value at end of period	$	11.19	$	10.68	$	10.23
Number of accumulation units outstanding at end of period		601		663		62


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.55	$	8.10	$	13.65	$	13.66	$	12.08	$	11.17
Value at end of period	$	11.79	$	10.55	$	8.10	$	13.65	$	13.66	$	12.08
Number of accumulation units outstanding at end of period		598		598		598		598		598		598
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.19	$	8.80	$	14.00	$	14.47	$	12.62	$	12.33	$	10.67	$	10.00
Value at end of period	$	12.75	$	11.19	$	8.80	$	14.00	$	14.47	$	12.62	$	12.33	$	10.67
Number of accumulation units outstanding at end of period		6,196		7,165		6,489		6,843		6,890		7,029		6,994		5,965
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	10.68	$	8.81
Value at end of period	$	11.88	$	10.68
Number of accumulation units outstanding at end of period		1,499		567
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	11.01	$	9.27	$	13.13	$	12.23	$	10.85	$	9.93	$	8.61
Value at end of period	$	11.66	$	11.01	$	9.27	$	13.13	$	12.23	$	10.85	$	9.93
Number of accumulation units outstanding at end of period		3,575		3,539		3,475		3,615		3,642		6,400		880
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2003)
Value at beginning of period	$	6.19	$	4.73	$	7.70	$	8.21	$	7.54	$	8.27	$	8.75
Value at end of period	$	5.14	$	6.19	$	4.73	$	7.70	$	8.21	$	7.54	$	8.27
Number of accumulation units outstanding at end of period		908		679		687		3,057		3,231		528		528



		Separate Account Annual Charges of 1.25%

		2010		2009		2008		2007		2006		2005		2004		2003
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during May 2008)
Value at beginning of period	$	9.55	$	8.00	$	10.15
Value at end of period	$	10.36	$	9.55	$	8.00
Number of accumulation units outstanding at end of period		406,977		364,799		131,313
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during May 2005)
Value at beginning of period	$	11.30	$	9.15	$	12.90	$	13.41	$	11.38	$	10.43
Value at end of period	$	14.11	$	11.30	$	9.15	$	12.90	$	13.41	$	11.38
Number of accumulation units outstanding at end of period		18,205		19,452		19,699		22,502		22,535		14,990
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.88	$	10.37	$	18.33	$	15.82	$	14.38	$	12.48	$	10.98	$	10.00
Value at end of period	$	16.02	$	13.88	$	10.37	$	18.33	$	15.82	$	14.38	$	12.48	$	10.98
Number of accumulation units outstanding at end of period		404,824		421,991		452,705		336,347		249,402		90,276		17,580		4,395
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.90	$	7.72	$	13.67	$	13.67	$	11.55	$	11.07	$	10.08	$	10.00
Value at end of period	$	11.24	$	9.90	$	7.72	$	13.67	$	13.67	$	11.55	$	11.07	$	10.08
Number of accumulation units outstanding at end of period		93,848		97,079		105,147		102,129		64,510		33,603		16,686		3,715


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING AMERICAN FUNDS ASSET ALLOCATION PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.77	$	7.20	$	10.06
Value at end of period	$	9.69	$	8.77	$	7.20
Number of accumulation units outstanding at end of period		266,245		274,315		11,165
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during February 2008)
Value at beginning of period	$	9.81	$	8.86	$	10.02
Value at end of period	$	10.28	$	9.81	$	8.86
Number of accumulation units outstanding at end of period		246,190		233,159		346,094
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.39	$	8.84	$	14.48	$	14.03	$	12.40	$	11.92	$	11.00	$	10.00
Value at end of period	$	12.47	$	11.39	$	8.84	$	14.48	$	14.03	$	12.40	$	11.92	$	11.00
Number of accumulation units outstanding at end of period		568,829		603,138		562,553		458,954		308,746		152,976		13,726		785
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	12.25	$	8.94	$	16.25	$	14.72	$	13.60	$	11.91	$	10.78	$	10.00
Value at end of period	$	14.28	$	12.25	$	8.94	$	16.25	$	14.72	$	13.60	$	11.91	$	10.78
Number of accumulation units outstanding at end of period		930,075		987,116		973,551		651,428		417,782		154,103		25,130		788
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	17.90	$	12.73	$	22.41	$	19.01	$	16.26	$	13.62	$	11.62	$	10.00
Value at end of period	$	18.86	$	17.90	$	12.73	$	22.41	$	19.01	$	16.26	$	13.62	$	11.62
Number of accumulation units outstanding at end of period		301,537		289,246		273,601		249,916		137,611		72,215		12,995		753
ING AMERICAN FUNDS WORLD ALLOCATION PORTFOLIO
(Funds were first received in this option during March 2009)
Value at beginning of period	$	14.06	$	9.19
Value at end of period	$	15.64	$	14.06
Number of accumulation units outstanding at end of period		27,736		26,297
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.72	$	11.56	$	20.76	$	18.05	$	14.15	$	12.42	$	11.24
Value at end of period	$	14.48	$	13.72	$	11.56	$	20.76	$	18.05	$	14.15	$	12.42
Number of accumulation units outstanding at end of period		200,416		243,869		242,282		159,323		75,016		38,017		11,132
ING BALANCED PORTFOLIO
(Funds were first received in this option during July 2010)
Value at beginning of period	$	9.45
Value at end of period	$	10.20
Number of accumulation units outstanding at end of period		1,559
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.18	$	7.62	$	13.14	$	12.54	$	11.02	$	10.32
Value at end of period	$	12.71	$	10.18	$	7.62	$	13.14	$	12.54	$	11.02
Number of accumulation units outstanding at end of period		309,094		299,657		242,331		185,077		122,778		22,953
ING BLACKROCK INFLATION PROTECTED BOND PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	10.60	$	10.08
Value at end of period	$	11.04	$	10.60
Number of accumulation units outstanding at end of period		153,216		122,797


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004	2003
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.05	$	7.81	$	12.99	$	12.32	$	11.65	$	10.91
Value at end of period	$	11.25	$	10.05	$	7.81	$	12.99	$	12.32	$	11.65
Number of accumulation units outstanding at end of period		110,696		107,683		88,482		30,020		10,061		1,111
ING BLACKROCK LARGE CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.43	$	8.46	$	13.25	$	12.86	$	11.20	$	10.59
Value at end of period	$	10.34	$	9.43	$	8.46	$	13.25	$	12.86	$	11.20
Number of accumulation units outstanding at end of period		11,994		18,607		18,271		19,515		7,436		1,112
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.81	$	6.51	$	9.99
Value at end of period	$	11.45	$	9.81	$	6.51
Number of accumulation units outstanding at end of period		131,508		85,756		49,136
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	9.54	$	7.24	$	12.48	$	13.64	$	10.33
Value at end of period	$	10.93	$	9.54	$	7.24	$	12.48	$	13.64
Number of accumulation units outstanding at end of period		86,554		108,722		88,338		52,029		13,686
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	14.44	$	10.76	$	17.72	$	21.82	$	16.05	$	13.92	$	11.73
Value at end of period	$	18.25	$	14.44	$	10.76	$	17.72	$	21.82	$	16.05	$	13.92
Number of accumulation units outstanding at end of period		107,878		114,888		120,927		130,135		46,576		29,167		7,477
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Fund first available during May 2006)
Value at beginning of period	$	8.20	$	6.66	$	10.23	$	10.06	$	10.22
Value at end of period	$	10.15	$	8.20	$	6.66	$	10.23	$	10.06
Number of accumulation units outstanding at end of period		94,736		107,163		105,155		65,748		22,521
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	8.94	$	6.88	$	11.46	$	11.15	$	10.16
Value at end of period	$	9.90	$	8.94	$	6.88	$	11.46	$	11.15
Number of accumulation units outstanding at end of period		220,935		250,804		198,967		122,556		39,777
ING DFA WORLD EQUITY PORTFOLIO
(Funds were first received in this option during December 2007)
Value at beginning of period	$	6.73	$	5.59	$	9.95	$	9.70
Value at end of period	$	8.29	$	6.73	$	5.59	$	9.95
Number of accumulation units outstanding at end of period		38,769		13,817		21,430		7,217
ING EURO STOXX 50® INDEX PORTFOLIO
(Funds were first received in this option during November 2009)
Value at beginning of period	$	9.81	$	9.76
Value at end of period	$	8.81	$	9.81
Number of accumulation units outstanding at end of period		1,457		56
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.41	$	9.03	$	15.03	$	13.29	$	12.03	$	10.25
Value at end of period	$	15.74	$	12.41	$	9.03	$	15.03	$	13.29	$	12.03
Number of accumulation units outstanding at end of period		145,384		143,814		131,940		86,660		45,962		23,794


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	10.10	$	7.74	$	11.09	$	10.94	$	10.01
Value at end of period	$	11.26	$	10.10	$	7.74	$	11.09	$	10.94
Number of accumulation units outstanding at end of period		312,960		307,588		290,278		202,528		42,579
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.14	$	7.31	$	11.90	$	12.54
Value at end of period	$	10.06	$	9.14	$	7.31	$	11.90
Number of accumulation units outstanding at end of period		187,469		184,843		195,495		136,081
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	7.86	$	6.11	$	9.62	$	10.19
Value at end of period	$	8.60	$	7.86	$	6.11	$	9.62
Number of accumulation units outstanding at end of period		194,923		196,242		193,793		63,615
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	16.72	$	12.31	$	21.14	$	16.06	$	13.40	$	9.68
Value at end of period	$	20.09	$	16.72	$	12.31	$	21.14	$	16.06	$	13.40
Number of accumulation units outstanding at end of period		158,216		174,275		142,019		78,152		54,746		24,945
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	7.85	$	6.11	$	9.39
Value at end of period	$	8.82	$	7.85	$	6.11
Number of accumulation units outstanding at end of period		151,790		153,189		23,803
ING HANG SENG INDEX PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	12.98	$	9.99
Value at end of period	$	13.78	$	12.98
Number of accumulation units outstanding at end of period		43,038		23,083
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	8.93	$	7.35	$	11.90	$	11.50	$	10.19	$	9.81	$	9.01	$	10.00
Value at end of period	$	10.02	$	8.93	$	7.35	$	11.90	$	11.50	$	10.19	$	9.81	$	9.01
Number of accumulation units outstanding at end of period		69,462		68,833		69,344		128,669		62,669		29,599		15,049		491
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.58	$	9.69	$	15.75	$	15.16	$	14.06	$	12.85	$	11.18	$	10.00
Value at end of period	$	15.10	$	12.58	$	9.69	$	15.75	$	15.16	$	14.06	$	12.85	$	11.18
Number of accumulation units outstanding at end of period		87,678		95,086		99,125		100,531		64,209		43,839		9,843		4,155
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.31	$	10.01	$	15.28	$	16.55	$	14.77	$	13.93	$	11.58	$	10.00
Value at end of period	$	14.88	$	12.31	$	10.01	$	15.28	$	16.55	$	14.77	$	13.93	$	11.58
Number of accumulation units outstanding at end of period		53,540		57,348		58,407		61,324		38,457		37,399		10,443		2,811
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.72	$	9.76	$	10.81	$	10.36	$	10.11	$	10.06
Value at end of period	$	11.59	$	10.72	$	9.76	$	10.81	$	10.36	$	10.11
Number of accumulation units outstanding at end of period		292,467		270,028		176,738		406,528		191,871		60,873


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	7.64	$	6.07	$	9.32
Value at end of period	$	8.12	$	7.64	$	6.07
Number of accumulation units outstanding at end of period		235,674		237,199		73,108
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.92	$	9.59	$	19.03	$	15.94	$	13.12	$	11.36
Value at end of period	$	14.54	$	12.92	$	9.59	$	19.03	$	15.94	$	13.12
Number of accumulation units outstanding at end of period		209,419		254,383		252,271		61,221		10,838		2,946
ING JAPAN TOPIX INDEX® PORTFOLIO
(Funds were first received in this option during February 2010)
Value at beginning of period	$	10.04
Value at end of period	$	11.07
Number of accumulation units outstanding at end of period		1,226
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	20.54	$	12.13	$	25.20	$	18.43	$	13.74	$	10.86
Value at end of period	$	24.41	$	20.54	$	12.13	$	25.20	$	18.43	$	13.74
Number of accumulation units outstanding at end of period		242,775		256,131		234,750		167,219		78,420		23,627
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	14.33	$	11.55	$	17.47	$	17.29	$	15.02	$	14.02	$	11.78	$	10.00
Value at end of period	$	17.41	$	14.33	$	11.55	$	17.47	$	17.29	$	15.02	$	14.02	$	11.78
Number of accumulation units outstanding at end of period		59,929		53,374		39,177		12,624		19,297		20,685		8,711		205
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.89	$	10.25	$	14.82	$	15.26	$	13.25	$	12.94	$	10.41	$	10.00
Value at end of period	$	16.13	$	12.89	$	10.25	$	14.82	$	15.26	$	13.25	$	12.94	$	10.41
Number of accumulation units outstanding at end of period		72,542		76,273		85,644		133,155		96,791		47,104		3,327		361
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.47	$	8.86	$	12.39	$	11.24	$	10.78	$	10.02
Value at end of period	$	14.07	$	12.47	$	8.86	$	12.39	$	11.24	$	10.78
Number of accumulation units outstanding at end of period		36,859		37,460		7,131		6,592		1,027		1,028
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.55	$	8.09	$	13.51	$	13.95	$	12.84	$	11.69	$	10.83
Value at end of period	$	12.93	$	10.55	$	8.09	$	13.51	$	13.95	$	12.84	$	11.69
Number of accumulation units outstanding at end of period		18,899		20,747		21,404		21,774		11,763		7,481		3,006
ING LIQUID ASSETS PORTFOLIO
(Fund first available during November 2003)
Value at beginning of period	$	17.48	$	17.65	$	17.45	$	16.83	$	16.29	$	16.09	$	16.10	$	16.18
Value at end of period	$	17.26	$	17.48	$	17.65	$	17.45	$	16.83	$	16.29	$	16.04	$	16.10
Number of accumulation units outstanding at end of period		339,889		295,619		320,053		149,052		72,810		22,134		13,566		7,332
ING LORD ABBETT GROWTH AND INCOME PORTFOLIO (CLASS S)
(Fund first available during September 2003)
Value at beginning of period	$	11.03	$	9.40	$	15.01	$	14.60	$	12.57	$	12.22
Value at end of period	$	12.76	$	11.03	$	9.40	$	15.01	$	14.60	$	12.57
Number of accumulation units outstanding at end of period		4,353		4,402		4,457		4,506		4,275		47


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING MARSICO GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.59	$	8.31	$	14.10	$	12.51	$	12.07	$	11.22	$	10.11
Value at end of period	$	12.53	$	10.59	$	8.31	$	14.10	$	12.51	$	12.07	$	11.22
Number of accumulation units outstanding at end of period		98,597		96,990		123,543		93,928		70,893		48,767		29,775
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.28	$	9.04	$	18.13	$	15.22	$	12.43	$	10.14
Value at end of period	$	13.80	$	12.28	$	9.04	$	18.13	$	15.22	$	12.43
Number of accumulation units outstanding at end of period		114,970		141,709		173,267		58,960		33,860		25,653
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	25.37	$	21.79	$	28.42	$	27.67	$	25.03	$	24.63	$	22.45	$	10.00
Value at end of period	$	27.52	$	25.37	$	21.79	$	28.42	$	27.67	$	25.03	$	24.63	$	22.45
Number of accumulation units outstanding at end of period		101,533		103,904		73,726		69,490		52,936		60,932		28,054		151
ING MFS UTILITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	14.95	$	11.40	$	18.54	$	14.74	$	11.41	$	10.35
Value at end of period	$	16.79	$	14.95	$	11.40	$	18.54	$	14.74	$	11.41
Number of accumulation units outstanding at end of period		187,892		191,297		181,270		142,734		87,799		22,879
ING MIDCAP OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.03	$	6.48	$	10.06
Value at end of period	$	11.59	$	9.03	$	6.48
Number of accumulation units outstanding at end of period		72,809		57,257		78,699
ING MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.43	$	9.76	$	13.84	$	12.77	$	10.66	$	10.06
Value at end of period	$	13.97	$	12.43	$	9.76	$	13.84	$	12.77	$	10.66
Number of accumulation units outstanding at end of period		82,166		52,710		30,191		101,207		34,845		862
ING MORGAN STANLEY GLOBAL TACTICAL ASSET ALLOCATION
PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	12.36	$	10.73
Value at end of period	$	13.14	$	12.36
Number of accumulation units outstanding at end of period		7,147		1,192
ING OPPENHEIMER ACTIVE ALLOCATION PORTFOLIO
(Funds were first received in this option during January 2010)
Value at beginning of period	$	13.67
Value at end of period	$	15.11
Number of accumulation units outstanding at end of period		1,881
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	11.97	$	8.68	$	14.73	$	14.00	$	12.02	$	10.06
Value at end of period	$	13.72	$	11.97	$	8.68	$	14.73	$	14.00	$	12.02
Number of accumulation units outstanding at end of period		1,835		1,864		1,960		2,112		2,166		2,287
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	13.57	$	9.86	$	16.78	$	15.98	$	13.76	$	12.30	$	11.14
Value at end of period	$	15.52	$	13.57	$	9.86	$	16.78	$	15.98	$	13.76	$	12.30
Number of accumulation units outstanding at end of period		133,273		148,540		160,981		156,178		96,821		24,471		4


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.76	$	9.33	$	12.20	$	12.01	$	11.16	$	10.83	$	10.00
Value at end of period	$	15.53	$	13.76	$	9.33	$	12.20	$	12.01	$	11.16	$	10.83
Number of accumulation units outstanding at end of period		113,213		92,830		100,970		106,687		54,172		34,470		8,911
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	17.98	$	15.91	$	15.46	$	14.37	$	13.95	$	13.78	$	13.31	$	10.00
Value at end of period	$	19.12	$	17.98	$	15.91	$	15.46	$	14.37	$	13.95	$	13.78	$	13.31
Number of accumulation units outstanding at end of period		663,012		571,278		297,314		132,526		166,024		115,288		0		1,996
ING PIONEER FUND PORTFOLIO (CLASS S)
(Fund first available during May 2005)
Value at beginning of period	$	10.39	$	8.48	$	13.15	$	12.67	$	10.99	$	10.44
Value at end of period	$	11.89	$	10.39	$	8.48	$	13.15	$	12.67	$	10.99
Number of accumulation units outstanding at end of period		3,332		2,806		3,793		3,666		1,462		2,028
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.29	$	8.33	$	12.61	$	12.10	$	10.91	$	10.36
Value at end of period	$	11.99	$	10.29	$	8.33	$	12.61	$	12.10	$	10.91
Number of accumulation units outstanding at end of period		173,587		189,692		214,684		111,584		88,856		40,622
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.32	$	8.25
Value at end of period	$	8.86	$	8.32
Number of accumulation units outstanding at end of period		98,625		45,871
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.38	$	9.22
Value at end of period	$	10.33	$	9.38
Number of accumulation units outstanding at end of period		2,727,129		2,823,821
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.63	$	9.50
Value at end of period	$	10.56	$	9.63
Number of accumulation units outstanding at end of period		2,072,258		2,183,005
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.86	$	9.75
Value at end of period	$	10.67	$	9.86
Number of accumulation units outstanding at end of period		807,777		822,942
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	12.70	$	10.25
Value at end of period	$	14.11	$	12.70
Number of accumulation units outstanding at end of period		29,563		28,779
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.19	$	6.72	$	10.05
Value at end of period	$	9.06	$	8.19	$	6.72
Number of accumulation units outstanding at end of period		184,713		180,071		46,481


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004	2003
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.53	$	10.65
Value at end of period	$	13.75	$	12.53
Number of accumulation units outstanding at end of period		43,274		43,264
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	13.01	$	10.34
Value at end of period	$	16.17	$	13.01
Number of accumulation units outstanding at end of period		53,584		52,320
ING RUSSELL^TMMID CAP INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.47	$	6.14	$	9.85
Value at end of period	$	10.44	$	8.47	$	6.14
Number of accumulation units outstanding at end of period		120,721		106,352		18,433
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.71	$	6.98	$	9.77
Value at end of period	$	10.84	$	8.71	$	6.98
Number of accumulation units outstanding at end of period		66,943		56,688		18,746
ING SMALLCAP OPPORTUNITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.03	$	9.32	$	14.43	$	13.31	$	11.99	$	10.71
Value at end of period	$	15.69	$	12.03	$	9.32	$	14.43	$	13.31	$	11.99
Number of accumulation units outstanding at end of period		7,985		8,638		8,649		13,101		11,879		2,080
ING SMALL COMPANY PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.99	$	7.16	$	10.68
Value at end of period	$	11.01	$	8.99	$	7.16
Number of accumulation units outstanding at end of period		29,480		23,571		4,432
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.10	$	9.20	$	12.85	$	12.47	$	11.01	$	10.22
Value at end of period	$	13.63	$	12.10	$	9.20	$	12.85	$	12.47	$	11.01
Number of accumulation units outstanding at end of period		1,070,805		953,667		882,397		636,499		284,773		47,372
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.78	$	8.73	$	13.76	$	13.52	$	11.49	$	11.20	$	9.75
Value at end of period	$	12.24	$	10.78	$	8.73	$	13.76	$	13.52	$	11.49	$	11.20
Number of accumulation units outstanding at end of period		159,225		167,344		169,512		198,755		154,789		60,200		10,114
ING T. ROWE PRICE GROWTH EQUITY PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	8.16	$	5.80	$	10.18	$	10.29
Value at end of period	$	9.40	$	8.16	$	5.80	$	10.18
Number of accumulation units outstanding at end of period		74,201		53,007		29,692		5,957
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Fund first available during May 2006)
Value at beginning of period	$	9.73	$	7.47	$	12.74	$	11.20	$	9.81
Value at end of period	$	10.43	$	9.73	$	7.47	$	12.74	$	11.20
Number of accumulation units outstanding at end of period		152,610		143,272		146,340		55,030		8,763


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004	2003
ING TEMPLETON GLOBAL GROWTH PORTFOLIO (CLASS S)
(Fund first available during May 2005)
Value at beginning of period	$	10.91	$	8.35	$	14.01	$	13.86	$	11.51	$	10.30
Value at end of period	$	11.61	$	10.91	$	8.35	$	14.01	$	13.86	$	11.51
Number of accumulation units outstanding at end of period		138,314		134,065		132,520		205,144		113,249		10,137
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	10.64	$	10.21	$	10.02
Value at end of period	$	11.13	$	10.64	$	10.21
Number of accumulation units outstanding at end of period		71,590		66,818		23,801
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.43	$	8.02	$	13.54	$	13.59	$	12.04	$	11.02
Value at end of period	$	11.63	$	10.43	$	8.02	$	13.54	$	13.59	$	12.04
Number of accumulation units outstanding at end of period		10,118		11,782		15,641		16,042		11,441		5,179
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.02	$	8.68	$	13.84	$	14.34	$	12.53	$	12.26	$	10.92
Value at end of period	$	12.52	$	11.02	$	8.68	$	13.84	$	14.34	$	12.53	$	12.26
Number of accumulation units outstanding at end of period		59,231		72,267		74,744		83,594		60,885		49,014		2,107
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.23	$	9.29	$	12.31	$	12.07	$	10.87	$	10.34
Value at end of period	$	12.42	$	11.23	$	9.29	$	12.31	$	12.07	$	10.87
Number of accumulation units outstanding at end of period		50,494		38,727		36,970		25,986		12,238		11,146
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.58	$	8.64	$	12.91	$	12.74	$	11.13	$	10.37
Value at end of period	$	11.75	$	10.58	$	8.64	$	12.91	$	12.74	$	11.13
Number of accumulation units outstanding at end of period		61,942		64,673		48,457		39,535		27,817		17,656
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.89	$	9.18	$	13.04	$	12.16	$	10.81	$	9.92	$	9.10
Value at end of period	$	11.50	$	10.89	$	9.18	$	13.04	$	12.16	$	10.81	$	9.92
Number of accumulation units outstanding at end of period		126,568		121,233		154,642		149,840		140,305		58,095		1,602
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during January 2008)
Value at beginning of period	$	7.81	$	6.09	$	9.95
Value at end of period	$	8.16	$	7.81	$	6.09
Number of accumulation units outstanding at end of period		190,223		199,497		177,688
INVESCO V.I. LEISURE FUND
(Fund first available during May 2003)
Value at beginning of period	$	10.42	$	7.95	$	14.13	$	14.43	$	11.73	$	11.24
Value at end of period	$	12.55	$	10.42	$	7.95	$	14.13	$	14.43	$	11.73
Number of accumulation units outstanding at end of period		755		781		786		953		4,406		4,579
PROFUND VP BULL
(Fund first available during May 2003)
Value at beginning of period	$	7.84	$	6.39	$	10.37	$	10.15	$	9.04	$	8.91	$	8.33
Value at end of period	$	8.72	$	7.84	$	6.39	$	10.37	$	10.15	$	9.04	$	8.91
Number of accumulation units outstanding at end of period		420		416		700		1,236		964		1,602		1,119


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
PROFUND VP EUROPE 30
(Fund first available during May 2003)
Value at beginning of period	$	9.50	$	7.27	$	13.15	$	11.62	$	10.02	$	9.23	$	9.13
Value at end of period	$	9.63	$	9.50	$	7.27	$	13.15	$	11.62	$	10.02	$	9.38
Number of accumulation units outstanding at end of period		526		928		1,194		1,566		1,643		473		619
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2003)
Value at beginning of period	$	6.11	$	4.68	$	7.64	$	8.16	$	7.50	$	8.25	$	9.05
Value at end of period	$	5.06	$	6.11	$	4.68	$	7.64	$	8.16	$	7.50	$	8.25
Number of accumulation units outstanding at end of period		7,165		6,935		7,424		7,772		7,652		2,733		1,394



		Separate Account Annual Charges of 1.40%

		2010		2009		2008		2007		2006		2005		2004		2003
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during April 2009)
Value at beginning of period	$	9.53	$	7.85
Value at end of period	$	10.31	$	9.53
Number of accumulation units outstanding at end of period		1,227		1,227
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.70	$	10.26	$	18.15	$	15.69	$	14.28	$	12.42	$	11.21
Value at end of period	$	15.79	$	13.70	$	10.26	$	18.15	$	15.69	$	14.28	$	12.42
Number of accumulation units outstanding at end of period		7		7		1,600		2,097		1,786		11,110		1,231
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	9.78	$	9.52
Value at end of period	$	10.23	$	9.78
Number of accumulation units outstanding at end of period		199		210
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	11.28	$	8.87
Value at end of period	$	12.33	$	11.28
Number of accumulation units outstanding at end of period		430		451
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	12.13	$	8.87	$	16.14	$	14.65	$	13.55	$	11.89	$	10.77	$	10.00
Value at end of period	$	14.12	$	12.13	$	8.87	$	16.14	$	14.65	$	13.55	$	11.89	$	10.77
Number of accumulation units outstanding at end of period		63		63		9		204		10,146		22,148		5,860		571
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	17.73	$	12.63	$	22.26	$	18.91	$	16.21	$	13.59	$	11.62	$	10.00
Value at end of period	$	18.65	$	17.73	$	12.63	$	22.26	$	18.91	$	16.21	$	13.59	$	11.62
Number of accumulation units outstanding at end of period		13		13		13		19		6,544		14,672		6,356		441


Condensed Financial Information (continued)



		2010		2009		2008		2007	2006	2005	2004	2003
ING CLARION GOBAL REAL ESTATE PORTFOLIO
(Fund first available during April 2007)
Value at beginning of period	$	9.49	$	7.21	$	12.45	$	14.43
Value at end of period	$	10.85	$	9.49	$	7.21	$	12.45
Number of accumulation units outstanding at end of period		61		62		63		64
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	8.89	$	7.81
Value at end of period	$	9.82	$	8.89
Number of accumulation units outstanding at end of period		1,162		1,162
ING FRANKLIN INCOME PORTFOLIO
(Funds were first received in this option during February 2009)
Value at beginning of period	$	10.04	$	7.21
Value at end of period	$	11.18	$	10.04
Number of accumulation units outstanding at end of period		258		258
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.83	$	7.03
Value at end of period	$	8.55	$	7.83
Number of accumulation units outstanding at end of period		1,291		1,291
ING INDEX PLUS LARGECAP PORTFOLIO
Value at beginning of period	$	8.82	$	7.27	$	11.78	$	11.40
Value at end of period	$	9.88		8.823	$	7.27	$	11.78
Number of accumulation units outstanding at end of period		117		118		118		400
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during April 2006)
Value at beginning of period	$	12.15	$	9.90	$	15.13	$	16.41
Value at end of period	$	14.67	$	12.15	$	9.90	$	15.13
Number of accumulation units outstanding at end of period		92		92		490		567
ING INTERMEDIATE BOND PORTFOLIO
(Funds were first received in this option during November 2007)
Value at beginning of period	$	10.64	$	9.70	$	10.77	$	10.81
Value at end of period	$	11.49	$	10.64	$	9.70	$	10.77
Number of accumulation units outstanding at end of period		0		0		304		776
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.62	$	7.02
Value at end of period	$	8.09	$	7.62
Number of accumulation units outstanding at end of period		270		285
ING JANUS CONTRARIAN PORTFOLIO
(Funds were first received in this option during January 2007)
Value at beginning of period	$	12.81	$	9.52	$	18.92	$	16.57
Value at end of period	$	14.39	$	12.81	$	9.52	$	18.92
Number of accumulation units outstanding at end of period		23		23		24		2,066
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	20.40	$	12.06	$	25.10	$	18.38
Value at end of period	$	24.20	$	20.40	$	12.06	$	25.10
Number of accumulation units outstanding at end of period		14		14		986		1,889


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004		2003
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	14.17	$	11.44	$	17.32	$	17.17	$	14.94	$	13.97	$	11.75	$	10.00
Value at end of period	$	17.18	$	14.17	$	11.44	$	17.32	$	17.17	$	14.94	$	13.97	$	11.75
Number of accumulation units outstanding at end of period		90		90		90		90		90		182		91		91
ING LARGE CAP GROWTH PORTFOLIO
(Funds were first received in this option during January 2010)
Value at beginning of period	$	12.54
Value at end of period	$	13.93
Number of accumulation units outstanding at end of period		12
ING LIQUID ASSETS PORTFOLIO
(Funds were first received in this option during November 2007)
Value at beginning of period	$	16.94	$	17.12	$	16.95	$	16.88
Value at end of period	$	16.70	$	16.94	$	17.12	$	16.95
Number of accumulation units outstanding at end of period		12,326		16,817		20,124		393
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	12.19	$	8.99	$	18.05	$	15.18	$	12.42	$	11.22
Value at end of period	$	13.68	$	12.19	$	8.99	$	18.05	$	15.18	$	12.42
Number of accumulation units outstanding at end of period		230		231		231		2,188		2,925		26,238
ING MFS TOTAL RETURN PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	24.79	$	23.32
Value at end of period	$	26.85	$	24.79
Number of accumulation units outstanding at end of period		181		191
ING MFS UTILITIES PORTFOLIO
(Funds were first received in this option during November 2007)
Value at beginning of period	$	14.85	$	11.34	$	18.46	$	18.38
Value at end of period	$	16.64	$	14.85	$	11.34	$	18.46
Number of accumulation units outstanding at end of period		0		10		11		11
ING MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	12.34	$	9.31
Value at end of period	$	13.85	$	12.34
Number of accumulation units outstanding at end of period		81		81
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Funds were first received in this option during January 2008)
Value at beginning of period	$	17.57	$	15.57	$	15.54
Value at end of period	$	18.66	$	17.57	$	15.57
Number of accumulation units outstanding at end of period		399		399		3,439
ING PIONEER MID CAP VALUE PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	10.22	$	8.13
Value at end of period	$	11.88	$	10.22
Number of accumulation units outstanding at end of period		62		62
ING RUSSELL^TMMID CAP INDEX PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	8.45	$	6.32
Value at end of period	$	10.40	$	8.45
Number of accumulation units outstanding at end of period		79		79


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004	2003
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	12.02	$	9.55
Value at end of period	$	13.51	$	12.02
Number of accumulation units outstanding at end of period		1,038		1,039
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	10.69	$	8.24
Value at end of period	$	12.11	$	10.69
Number of accumulation units outstanding at end of period		61		61
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	10.62	$	10.22
Value at end of period	$	11.08	$	10.62
Number of accumulation units outstanding at end of period		615		615
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	7.79	$	6.08	$	10.06
Value at end of period	$	8.13	$	7.79	$	6.08
Number of accumulation units outstanding at end of period		0		0		84



		Separate Account Annual Charges of 1.45%

		2010		2009		2008		2007		2006		2005		2004
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during May 2008)
Value at beginning of period	$	9.52	$	7.99	$	10.16
Value at end of period	$	10.30	$	9.52	$	7.99
Number of accumulation units outstanding at end of period		215,309		185,825		101,667
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during May 2005)
Value at beginning of period	$	11.19	$	9.08	$	12.83	$	13.36	$	11.36	$	10.73
Value at end of period	$	13.95	$	11.19	$	9.08	$	12.83	$	13.36	$	11.36
Number of accumulation units outstanding at end of period		22,374		23,272		24,220		25,078		25,963		14,166
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.43	$	9.31	$	16.49	$	14.26	$	12.99	$	11.30	$	11.14
Value at end of period	$	14.32	$	12.43	$	9.31	$	16.49	$	14.26	$	12.99	$	11.30
Number of accumulation units outstanding at end of period		401,627		424,963		438,608		216,995		136,022		35,137		1,345
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.66	$	7.55	$	13.39	$	13.42	$	11.35	$	10.91	$	9.83
Value at end of period	$	10.94	$	9.66	$	7.55	$	13.39	$	13.42	$	11.35	$	10.91
Number of accumulation units outstanding at end of period		83,307		89,699		97,342		110,859		73,025		20,862		264


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING AMERICAN FUNDS ASSET ALLOCATION PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.74	$	7.19	$	10.16
Value at end of period	$	9.64	$	8.74	$	7.19
Number of accumulation units outstanding at end of period		160,626		153,384		67,518
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during March 2008)
Value at beginning of period	$	9.77	$	8.84	$	9.91
Value at end of period	$	10.22	$	9.77	$	8.84
Number of accumulation units outstanding at end of period		234,733		219,928		131,457
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.30	$	8.01	$	13.14	$	12.76	$	11.30	$	10.89	$	10.21
Value at end of period	$	11.25	$	10.30	$	8.01	$	13.14	$	12.76	$	11.30	$	10.89
Number of accumulation units outstanding at end of period		740,602		760,314		689,190		502,005		370,765		142,343		2,440
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.46	$	8.38	$	15.26	$	13.86	$	12.83	$	11.26	$	10.41
Value at end of period	$	13.33	$	11.46	$	8.38	$	15.26	$	13.86	$	12.83	$	11.26
Number of accumulation units outstanding at end of period		982,877		1,020,815		994,914		685,178		478,920		125,911		224
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	14.97	$	10.67	$	18.82	$	16.00	$	13.71	$	11.51	$	10.55
Value at end of period	$	15.74	$	14.97	$	10.67	$	18.82	$	16.00	$	13.71	$	11.51
Number of accumulation units outstanding at end of period		505,028		527,477		447,504		288,858		202,623		74,022		16
ING AMERICAN FUNDS WORLD ALLOCATION PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	14.03	$	11.38
Value at end of period	$	15.58	$	14.03
Number of accumulation units outstanding at end of period		15,922		12,305
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.08	$	11.04	$	19.87	$	17.32	$	13.60	$	12.35
Value at end of period	$	13.77	$	13.08	$	11.04	$	19.87	$	17.32	$	13.60
Number of accumulation units outstanding at end of period		295,084		299,210		307,199		206,533		133,411		35,544
ING BALANCED PORTFOLIO
Value at beginning of period	$	9.01	$	7.68	$	10.87	$	10.48
Value at end of period	$	10.10	$	9.01	$	7.68	$	10.87
Number of accumulation units outstanding at end of period		1,522		1,347		2,067		2,098
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.08	$	7.56	$	13.07	$	12.50	$	11.00	$	10.50
Value at end of period	$	12.57	$	10.08	$	7.56	$	13.07	$	12.50	$	11.00
Number of accumulation units outstanding at end of period		291,671		284,428		238,972		163,994		96,579		20,800
ING BLACKROCK INFLATION PROTECTED BOND PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	10.58	$	10.00
Value at end of period	$	11.00	$	10.58
Number of accumulation units outstanding at end of period		71,439		50,010


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.95	$	7.76	$	12.91	$	12.28	$	11.63	$	10.73
Value at end of period	$	11.12	$	9.95	$	7.76	$	12.91	$	12.28	$	11.63
Number of accumulation units outstanding at end of period		74,340		73,468		51,777		19,472		14,068		9,551
ING BLACKROCK LARGE CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.34	$	8.40	$	13.18	$	12.82	$	11.18	$	10.67
Value at end of period	$	10.22	$	9.34	$	8.40	$	13.18	$	12.82	$	11.18
Number of accumulation units outstanding at end of period		13,222		13,237		12,707		13,709		11,863		5,202
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.78	$	6.50	$	9.99
Value at end of period	$	11.38	$	9.78	$	6.50
Number of accumulation units outstanding at end of period		189,671		107,712		85,040
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Fund first available during May 2006)
Value at beginning of period	$	9.47	$	7.20	$	12.44	$	13.62	$	11.12
Value at end of period	$	10.83	$	9.47	$	7.20	$	12.44	$	13.62
Number of accumulation units outstanding at end of period		70,394		76,459		65,350		42,985		7,839
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.19	$	9.10	$	15.02	$	18.53	$	13.66	$	11.29
Value at end of period	$	15.37	$	12.19	$	9.10	$	15.02	$	18.53	$	13.66
Number of accumulation units outstanding at end of period		64,593		68,152		76,435		87,466		72,278		28,640
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Fund first available during May 2006)
Value at beginning of period	$	8.14	$	6.63	$	10.20	$	10.05	$	9.81
Value at end of period	$	10.05	$	8.14	$	6.63	$	10.20	$	10.05
Number of accumulation units outstanding at end of period		95,624		101,684		90,622		47,062		18,899
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	8.87	$	6.84	$	11.42	$	11.12	$	9.88
Value at end of period	$	9.79	$	8.87	$	6.84	$	11.42	$	11.12
Number of accumulation units outstanding at end of period		267,720		272,723		257,659		200,129		114,294
ING DFA WORLD EQUITY PORTFOLIO
(Funds were first received in this option during October 2007)
Value at beginning of period	$	6.70	$	5.58	$	9.94	$	10.53
Value at end of period	$	8.24	$	6.70	$	5.58	$	9.94
Number of accumulation units outstanding at end of period		61,700		64,999		62,523		16,629
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.30	$	8.96	$	14.95	$	13.25	$	12.01	$	10.66
Value at end of period	$	15.56	$	12.30	$	8.96	$	14.95	$	13.25	$	12.01
Number of accumulation units outstanding at end of period		149,505		149,935		128,285		104,376		53,451		15,156
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	10.02	$	7.70	$	11.05	$	10.92	$	9.94
Value at end of period	$	11.16	$	10.02	$	7.70	$	11.05	$	10.92
Number of accumulation units outstanding at end of period		180,630		183,595		191,170		109,295		58,794


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.09	$	7.29	$	11.88	$	12.42
Value at end of period	$	9.99	$	9.09	$	7.29	$	11.88
Number of accumulation units outstanding at end of period		91,358		88,290		89,133		55,250
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.82	$	6.09	$	9.60	$	10.10
Value at end of period	$	8.53	$	7.82	$	6.09	$	9.60
Number of accumulation units outstanding at end of period		456,413		447,305		425,218		284,068
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	16.56	$	12.22	$	21.02	$	16.01	$	13.38	$	11.07
Value at end of period	$	19.86	$	16.56	$	12.22	$	21.02	$	16.01	$	13.38
Number of accumulation units outstanding at end of period		172,717		185,729		180,127		117,097		69,609		6,864
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during November 2007)
Value at beginning of period	$	7.82	$	6.10	$	9.95	$	9.83
Value at end of period	$	8.77	$	7.82	$	6.10	$	9.95
Number of accumulation units outstanding at end of period		115,127		111,076		24,504		117
ING HANG SENG INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.96	$	12.44
Value at end of period	$	13.73	$	12.96
Number of accumulation units outstanding at end of period		16,713		11,901
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.89	$	8.16	$	13.23	$	12.81	$	11.38	$	10.98	$	10.94
Value at end of period	$	11.08	$	9.89	$	8.16	$	13.23	$	12.81	$	11.38	$	10.98
Number of accumulation units outstanding at end of period		109,968		111,442		130,727		120,196		56,998		48,122		1,371
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.06	$	8.54	$	13.91	$	13.41	$	12.47	$	11.42	$	10.21
Value at end of period	$	13.25	$	11.06	$	8.54	$	13.91	$	13.41	$	12.47	$	11.42
Number of accumulation units outstanding at end of period		128,495		137,088		145,962		144,001		117,795		49,449		3,081
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.26	$	8.36	$	12.79	$	13.88	$	12.41	$	11.73	$	10.32
Value at end of period	$	12.38	$	10.26	$	8.36	$	12.79	$	13.88	$	12.41	$	11.73
Number of accumulation units outstanding at end of period		125,755		132,274		139,820		138,114		85,488		47,961		2,843
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.62	$	9.68	$	10.76	$	10.33	$	10.10	$	10.08
Value at end of period	$	11.46	$	10.62	$	9.68	$	10.76	$	10.33	$	10.10
Number of accumulation units outstanding at end of period		300,243		217,376		192,435		124,919		63,522		21,449
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	7.62	$	6.06	$	10.51
Value at end of period	$	8.08	$	7.62	$	6.06
Number of accumulation units outstanding at end of period		49,548		46,792		9,412


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	13.23	$	9.84	$	19.58	$	16.43	$	13.55	$	11.82
Value at end of period	$	14.87	$	13.23	$	9.84	$	19.58	$	16.43	$	13.55
Number of accumulation units outstanding at end of period		101,303		113,355		131,642		82,206		15,002		7,787
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	20.35	$	12.04	$	25.06	$	18.37	$	13.72	$	10.95
Value at end of period	$	24.13	$	20.35	$	12.04	$	25.06	$	18.37	$	13.72
Number of accumulation units outstanding at end of period		137,081		150,142		158,066		103,410		42,834		6,112
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.32	$	9.14	$	13.85	$	13.74	$	11.96	$	11.50
Value at end of period	$	13.72	$	11.32	$	9.14	$	13.85	$	13.74	$	11.96
Number of accumulation units outstanding at end of period		18,748		20,518		9,416		4,884		4,997		5,388
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.68	$	9.31	$	13.48	$	13.92	$	12.11	$	11.23
Value at end of period	$	14.59	$	11.68	$	9.31	$	13.48	$	13.92	$	12.11
Number of accumulation units outstanding at end of period		116,865		117,618		109,824		117,760		96,529		33,494
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	13.26	$	9.45	$	13.23	$	12.02	$	11.56	$	10.17
Value at end of period	$	14.93	$	13.26	$	9.45	$	13.23	$	12.02	$	11.56
Number of accumulation units outstanding at end of period		55,398		42,350		9,266		2,541		1,666		2,084
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	9.87	$	7.59	$	12.70	$	13.13	$	12.11	$	10.49
Value at end of period	$	12.08	$	9.87	$	7.59	$	12.70	$	13.13	$	12.11
Number of accumulation units outstanding at end of period		37,650		37,383		37,344		24,701		18,897		15,673
ING LIQUID ASSETS PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.78	$	10.91	$	10.80	$	10.44	$	10.13	$	10.01
Value at end of period	$	10.63	$	10.78	$	10.91	$	10.80	$	10.44	$	10.13
Number of accumulation units outstanding at end of period		461,354		447,413		572,999		535,916		117,705		127,891
ING LORD ABBETT GROWTH AND INCOME PORTFOLIO (CLASS S)
(Fund first available during March 2006)
Value at beginning of period	$	9.80	$	8.37	$	13.40	$	13.05	$	11.99
Value at end of period	$	11.32	$	9.80	$	8.37	$	13.40	$	13.05
Number of accumulation units outstanding at end of period		11,523		11,644		11,804		11,869		9,941
ING MARSICO GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.67	$	8.39	$	14.26	$	12.68	$	12.26	$	10.83
Value at end of period	$	12.60	$	10.67	$	8.39	$	14.26	$	12.68	$	12.26
Number of accumulation units outstanding at end of period		209,961		148,997		143,262		134,618		110,823		20,150
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.16	$	8.97	$	18.03	$	15.17	$	12.41	$	10.10
Value at end of period	$	13.64	$	12.16	$	8.97	$	18.03	$	15.17	$	12.41
Number of accumulation units outstanding at end of period		60,440		64,814		63,984		39,485		13,670		9,405


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.96	$	9.43	$	12.33	$	12.03	$	10.90	$	10.75	$	10.10
Value at end of period	$	11.87	$	10.96	$	9.43	$	12.33	$	12.03	$	10.90	$	10.75
Number of accumulation units outstanding at end of period		124,203		118,834		119,316		91,597		73,391		50,510		270
ING MFS UTILITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	14.81	$	11.32	$	18.44	$	14.69	$	11.39	$	10.14
Value at end of period	$	16.60	$	14.81	$	11.32	$	18.44	$	14.69	$	11.39
Number of accumulation units outstanding at end of period		150,324		156,574		152,192		92,698		57,566		14,119
ING MIDCAP OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.00	$	6.47	$	10.06
Value at end of period	$	11.52	$	9.00	$	6.47
Number of accumulation units outstanding at end of period		99,884		85,291		84,002
ING MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.31	$	9.69	$	13.76	$	12.73	$	10.65	$	10.17
Value at end of period	$	13.81	$	12.31	$	9.69	$	13.76	$	12.73	$	10.65
Number of accumulation units outstanding at end of period		50,260		96,622		50,112		58,143		34,264		22,841
ING MORGAN STANLEY GLOBAL TACTICAL ASSET ALLOCATION
PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	12.34	$	10.57
Value at end of period	$	13.09	$	12.34
Number of accumulation units outstanding at end of period		4,318		4,396
ING OPPENHEIMER ACTIVE ALLOCATION PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	13.40	$	10.91
Value at end of period	$	15.05	$	13.40
Number of accumulation units outstanding at end of period		12,920		15,130
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	11.86	$	8.62	$	14.65	$	13.95	$	12.00	$	10.06
Value at end of period	$	13.56	$	11.86	$	8.62	$	14.65	$	13.95	$	12.00
Number of accumulation units outstanding at end of period		4,363		2,943		3,124		3,095		3,457		5,989
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	12.75	$	9.29	$	15.83	$	15.11	$	13.03	$	11.11
Value at end of period	$	14.55	$	12.75	$	9.29	$	15.83	$	15.11	$	13.03
Number of accumulation units outstanding at end of period		104,997		112,932		125,344		106,431		80,397		22,381
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.22	$	8.98	$	11.76	$	11.60	$	10.80	$	10.38
Value at end of period	$	14.88	$	13.22	$	8.98	$	11.76	$	11.60	$	10.80
Number of accumulation units outstanding at end of period		109,485		105,900		129,112		113,011		75,897		33,091
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.10	$	11.61	$	11.31	$	10.53	$	10.24	$	10.14	$	10.03
Value at end of period	$	13.90	$	13.10	$	11.61	$	11.31	$	10.53	$	10.24	$	10.14
Number of accumulation units outstanding at end of period		788,650		692,813		604,821		84,218		57,446		39,356		2,181


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING PIONEER FUND PORTFOLIO (CLASS S)
(Fund first available during September 2005)
Value at beginning of period	$	10.29	$	8.41	$	13.08	$	12.63	$	10.98	$	10.66
Value at end of period	$	11.75	$	10.29	$	8.41	$	13.08	$	12.63	$	10.98
Number of accumulation units outstanding at end of period		8,421		7,536		6,776		5,874		776		392
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.19	$	8.27	$	12.54	$	12.06	$	10.89	$	10.14
Value at end of period	$	11.85	$	10.19	$	8.27	$	12.54	$	12.06	$	10.89
Number of accumulation units outstanding at end of period		203,285		265,095		203,910		173,972		124,247		32,914
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.31	$	8.25
Value at end of period	$	8.84	$	8.31
Number of accumulation units outstanding at end of period		51,960		27,962
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.37	$	9.22
Value at end of period	$	10.31	$	9.37
Number of accumulation units outstanding at end of period		2,923,138		3,167,564
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.63	$	9.49
Value at end of period	$	10.54	$	9.63
Number of accumulation units outstanding at end of period		2,248,047		2,411,511
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.86	$	9.75
Value at end of period	$	10.64	$	9.86
Number of accumulation units outstanding at end of period		958,680		973,278
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.68	$	10.84
Value at end of period	$	14.06	$	12.68
Number of accumulation units outstanding at end of period		6,868		6,237
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.16	$	6.71	$	10.25
Value at end of period	$	9.01	$	8.16	$	6.71
Number of accumulation units outstanding at end of period		139,431		141,700		20,816
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	12.51	$	10.82
Value at end of period	$	13.70	$	12.51
Number of accumulation units outstanding at end of period		25,237		19,791
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	12.99	$	10.83
Value at end of period	$	16.11	$	12.99
Number of accumulation units outstanding at end of period		86,963		89,782


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING RUSSELL^TMMID CAP INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.44	$	6.13	$	10.75
Value at end of period	$	10.39	$	8.44	$	6.13
Number of accumulation units outstanding at end of period		35,195		30,501		12,198
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.68	$	6.97	$	10.32
Value at end of period	$	10.78	$	8.68	$	6.97
Number of accumulation units outstanding at end of period		35,045		32,837		17,996
ING SMALLCAP OPPORTUNITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.92	$	9.25	$	14.35	$	13.26	$	11.98	$	10.81
Value at end of period	$	15.51	$	11.92	$	9.25	$	14.35	$	13.26	$	11.98
Number of accumulation units outstanding at end of period		8,920		10,053		10,347		11,539		12,240		4,186
ING SMALL COMPANY PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.96	$	7.15	$	10.48
Value at end of period	$	10.95	$	8.96	$	7.15
Number of accumulation units outstanding at end of period		24,374		82,969		9,211
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.99	$	9.13	$	12.78	$	12.42	$	11.00	$	10.52
Value at end of period	$	13.47	$	11.99	$	9.13	$	12.78	$	12.42	$	11.00
Number of accumulation units outstanding at end of period		493,393		499,062		483,336		286,314		206,508		28,588
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.50	$	8.53	$	13.46	$	13.25	$	11.29	$	11.02	$	10.23
Value at end of period	$	11.90	$	10.50	$	8.53	$	13.46	$	13.25	$	11.29	$	11.02
Number of accumulation units outstanding at end of period		138,071		125,884		109,114		50,188		35,019		30,296		196
ING T. ROWE PRICE GROWTH EQUITY PORTFOLIO
(Funds were first received in this option during August 2007)
Value at beginning of period	$	8.12	$	5.78	$	10.17	$	9.64
Value at end of period	$	9.33	$	8.12	$	5.78	$	10.17
Number of accumulation units outstanding at end of period		150,971		204,483		58,691		6,290
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	9.65	$	7.43	$	12.70	$	11.18	$	9.31
Value at end of period	$	10.33	$	9.65	$	7.43	$	12.70	$	11.18
Number of accumulation units outstanding at end of period		256,438		187,735		184,557		36,677		4,598
ING TEMPLETON GLOBAL GROWTH PORTFOLIO (CLASS S)
(Fund first available during May 2005)
Value at beginning of period	$	10.80	$	8.29	$	13.94	$	13.81	$	11.49	$	10.66
Value at end of period	$	11.47	$	10.80	$	8.29	$	13.94	$	13.81	$	11.49
Number of accumulation units outstanding at end of period		84,467		83,214		82,347		56,459		19,474		2,400
ING THORNBURG VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.60	$	8.13	$	13.69	$	12.95	$	11.25	$	10.40
Value at end of period	$	12.73	$	11.60	$	8.13	$	13.69	$	12.95	$	11.25
Number of accumulation units outstanding at end of period		0		0		0		80		352		81


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	10.61	$	10.20	$	10.01
Value at end of period	$	11.07	$	10.61	$	10.20
Number of accumulation units outstanding at end of period		101,780		107,574		62,689
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.28	$	7.93	$	13.41	$	13.48	$	11.97	$	10.86
Value at end of period	$	11.45	$	10.28	$	7.93	$	13.41	$	13.48	$	11.97
Number of accumulation units outstanding at end of period		13,606		15,446		18,311		19,127		17,226		14,395
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.91	$	7.82	$	12.50	$	12.98	$	11.37	$	11.15	$	11.04
Value at end of period	$	11.25	$	9.91	$	7.82	$	12.50	$	12.98	$	11.37	$	11.15
Number of accumulation units outstanding at end of period		84,540		151,844		88,036		72,279		66,407		35,581		2,038
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.12	$	9.22	$	12.24	$	12.03	$	10.86	$	10.68
Value at end of period	$	12.28	$	11.12	$	9.22	$	12.24	$	12.03	$	10.86
Number of accumulation units outstanding at end of period		86,075		21,416		14,339		4,964		2,548		1,179
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.47	$	8.58	$	12.84	$	12.70	$	11.11	$	10.39
Value at end of period	$	11.61	$	10.47	$	8.58	$	12.84	$	12.70	$	11.11
Number of accumulation units outstanding at end of period		59,663		56,910		35,636		28,275		20,255		4,381
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	11.74	$	9.92	$	14.12	$	13.20	$	11.76	$	10.80	$	10.68
Value at end of period	$	12.38	$	11.74	$	9.92	$	14.12	$	13.20	$	11.76	$	10.80
Number of accumulation units outstanding at end of period		114,721		115,638		110,626		38,166		22,788		10,895		1,405
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during March 2008)
Value at beginning of period	$	7.78	$	6.08	$	9.67
Value at end of period	$	8.12	$	7.78	$	6.08
Number of accumulation units outstanding at end of period		88,781		89,814		88,282
INVESCO V.I. LEISURE FUND
(Fund first available during May 2003)
Value at beginning of period	$	10.18	$	7.78	$	13.86	$	14.18	$	11.55	$	11.04
Value at end of period	$	12.23	$	10.18	$	7.78	$	13.86	$	14.18	$	11.55
Number of accumulation units outstanding at end of period		199		147		148		149		766		772
PROFUND VP BULL
(Fund first available during May 2003)
Value at beginning of period	$	9.47	$	7.73	$	12.59	$	12.33	$	11.01	$	10.20
Value at end of period	$	10.51	$	9.47	$	7.73	$	12.59	$	12.33	$	11.01
Number of accumulation units outstanding at end of period		534		523		492		499		721		297
PROFUND VP EUROPE 30
(Fund first available during May 2003)
Value at beginning of period	$	11.35	$	8.71	$	15.78	$	13.98	$	12.07	$	10.76
Value at end of period	$	11.48	$	11.35	$	8.71	$	15.78	$	13.98	$	12.07
Number of accumulation units outstanding at end of period		1,636		1,622		1,634		1,600		1,378		1,392


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2003)
Value at beginning of period	$	6.92	$	5.31	$	8.69	$	9.30	$	8.57	$	8.68
Value at end of period	$	5.73	$	6.92	$	5.31	$	8.69	$	9.30	$	8.57
Number of accumulation units outstanding at end of period		0		0		0		80		352		81



		Separate Account Annual Charges of 1.55%

		2010		2009		2008		2007		2006		2005		2004
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during September 2008)
Value at beginning of period	$	9.50	$	7.98	$	8.52
Value at end of period	$	10.27	$	9.50	$	7.98
Number of accumulation units outstanding at end of period		0		0		837
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during August 2005)
Value at beginning of period	$	11.14	$	9.05	$	12.80	$	13.34	$	11.35	$	10.98
Value at end of period	$	13.87	$	11.14	$	9.05	$	12.80	$	13.34	$	11.35
Number of accumulation units outstanding at end of period		0		46		46		46		47		439
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.53	$	10.14	$	17.98	$	15.57	$	14.19	$	12.35	$	10.90
Value at end of period	$	15.57	$	13.53	$	10.14	$	17.98	$	15.57	$	14.19	$	12.35
Number of accumulation units outstanding at end of period		16,968		28,051		33,345		38,330		42,688		18,592		21,263
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.66	$	7.55	$	13.41	$	13.45	$	11.39	$	10.96	$	10.01
Value at end of period	$	10.93	$	9.66	$	7.55	$	13.41	$	13.45	$	11.39	$	10.96
Number of accumulation units outstanding at end of period		18,022		27,319		32,298		40,313		43,227		61,281		68,041
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during December 2008)
Value at beginning of period	$	9.76	$	8.84	$	8.64
Value at end of period	$	10.19	$	9.76	$	8.84
Number of accumulation units outstanding at end of period		3,323		0		653
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.18	$	8.70	$	14.29	$	13.89	$	12.31	$	11.87	$	10.98
Value at end of period	$	12.20	$	11.18	$	8.70	$	14.29	$	13.89	$	12.31	$	11.87
Number of accumulation units outstanding at end of period		5,249		8,788		9,775		8,684		7,152		8,190		9,381
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	12.01	$	8.80	$	16.04	$	14.58	$	13.50	$	11.86	$	10.77
Value at end of period	$	13.97	$	12.01	$	8.80	$	16.04	$	14.58	$	13.50	$	11.86
Number of accumulation units outstanding at end of period		6,011		10,236		11,249		11,190		12,855		15,255		17,305


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	17.56	$	12.53	$	22.12	$	18.82	$	16.15	$	13.56	$	11.61
Value at end of period	$	18.45	$	17.56	$	12.53	$	22.12	$	18.82	$	16.15	$	13.56
Number of accumulation units outstanding at end of period		2,600		2,789		2,939		3,868		3,358		3,657		3,680
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.41	$	11.33	$	20.41	$	17.80	$	13.99	$	12.32	$	10.97
Value at end of period	$	14.11	$	13.41	$	11.33	$	20.41	$	17.80	$	13.99	$	12.32
Number of accumulation units outstanding at end of period		1,260		2,089		2,436		2,325		4,438		4,669		5,691
ING BALANCED PORTFOLIO
Value at beginning of period	$	8.98	$	7.66	$	10.85	$	10.47
Value at end of period	$	10.05	$	8.98	$	7.66	$	10.85
Number of accumulation units outstanding at end of period		2,775		4,361		4,303		4,374
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during December 2005)
Value at beginning of period	$	10.03	$	7.54	$	13.03	$	12.47	$	10.99	$	11.20
Value at end of period	$	12.50	$	10.03	$	7.54	$	13.03	$	12.47	$	10.99
Number of accumulation units outstanding at end of period		0		552		664		112		569		39
ING BLACKROCK INFLATION PROTECTED BOND PORTFOLIO
(Funds were first received in this option during May 2010)
Value at beginning of period	$	10.90
Value at end of period	$	10.98
Number of accumulation units outstanding at end of period		5,288
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.91	$	7.73	$	12.88	$	12.26	$	11.62	$	10.89
Value at end of period	$	11.06	$	9.91	$	7.73	$	12.88	$	12.26	$	11.62
Number of accumulation units outstanding at end of period		471		471		473		474		126		101
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	9.44	$	7.18	$	12.42	$	13.61	$	11.01
Value at end of period	$	10.78	$	9.44	$	7.18	$	12.42	$	13.61
Number of accumulation units outstanding at end of period		221		221		222		222		674
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	14.20	$	10.61	$	17.53	$	21.65	$	15.97	$	13.89	$	11.57
Value at end of period	$	17.89	$	14.20	$	10.61	$	17.53	$	21.65	$	15.97	$	13.89
Number of accumulation units outstanding at end of period		256		256		256		256		308		529		640
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	8.11	$	6.61	$	10.18	$	10.04	$	10.10
Value at end of period	$	10.01	$	8.11	$	6.61	$	10.18	$	10.04
Number of accumulation units outstanding at end of period		0		0		563		321		590
ING DFA WORLD EQUITY PORTFOLIO
(Funds were first received in this option during January 2008)
Value at beginning of period	$	6.68	$	5.57	$	9.01
Value at end of period	$	8.21	$	6.68	$	5.57
Number of accumulation units outstanding at end of period		0		0		656


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.24	$	8.93	$	14.91	$	13.23	$	12.00	$	11.20
Value at end of period	$	15.47	$	12.24	$	8.93	$	14.91	$	13.23	$	12.00
Number of accumulation units outstanding at end of period		0		618		618		618		839		215
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during November 2006)
Value at beginning of period	$	9.99	$	7.68	$	11.03	$	10.91	$	10.75
Value at end of period	$	11.11	$	9.99	$	7.68	$	11.03	$	10.91
Number of accumulation units outstanding at end of period		4,705		6,655		4,975		2,532		1,087
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.06	$	7.27	$	11.87	$	12.68
Value at end of period	$	9.95	$	9.06	$	7.27	$	11.87
Number of accumulation units outstanding at end of period		613		3,012		2,968		2,598
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during July 2007)
Value at beginning of period	$	7.80	$	5.31	$	9.60	$	10.13
Value at end of period	$	8.50	$	7.80	$	6.08	$	9.60
Number of accumulation units outstanding at end of period		3,274		3,271		0		698
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	16.49	$	12.18	$	20.97	$	15.98	$	13.37	$	11.68
Value at end of period	$	19.75	$	16.49	$	12.18	$	20.97	$	15.98	$	13.37
Number of accumulation units outstanding at end of period		0		2,757		1,269		1,834		364		207
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.80	$	7.10
Value at end of period	$	8.74	$	7.80
Number of accumulation units outstanding at end of period		4,072		1,773
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	8.71	$	7.19	$	11.67	$	11.31	$	10.05	$	9.71	$	8.95
Value at end of period	$	9.74	$	8.71	$	7.19	$	11.67	$	11.31	$	10.05	$	9.71
Number of accumulation units outstanding at end of period		4,825		6,691		7,388		7,569		8,161		9,343		12,634
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.26	$	9.47	$	15.45	$	14.91	$	13.88	$	12.72	$	11.10
Value at end of period	$	14.68	$	12.26	$	9.47	$	15.45	$	14.91	$	13.88	$	12.72
Number of accumulation units outstanding at end of period		5,612		7,239		7,724		9,373		10,691		13,571		16,319
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.00	$	9.79	$	14.99	$	16.28	$	14.57	$	13.78	$	11.50
Value at end of period	$	14.47	$	12.00	$	9.79	$	14.99	$	16.28	$	14.57	$	13.78
Number of accumulation units outstanding at end of period		6,930		9,270		9,696		11,405		12,575		14,278		15,134
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	10.57	$	9.65	$	10.73	$	10.31	$	10.07
Value at end of period	$	11.40	$	10.57	$	9.65	$	10.73	$	10.31
Number of accumulation units outstanding at end of period		2,813		0		0		1,575		2,632


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.60	$	7.02
Value at end of period	$	8.06	$	7.60
Number of accumulation units outstanding at end of period		83		83
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	20.26	$	11.99	$	25.00	$	18.34	$	15.15
Value at end of period	$	23.99	$	20.26	$	11.99	$	25.00	$	18.34
Number of accumulation units outstanding at end of period		240		1,504		2,430		3,774		1,858
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	14.01	$	11.32	$	17.18	$	17.05	$	14.86	$	13.91	$	11.72
Value at end of period	$	16.96	$	14.01	$	11.32	$	17.18	$	17.05	$	14.86	$	13.91
Number of accumulation units outstanding at end of period		2,828		4,233		5,562		5,625		5,688		5,765		5,866
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.60	$	10.05	$	14.57	$	15.05	$	13.11	$	12.84	$	10.36
Value at end of period	$	15.72	$	12.60	$	10.05	$	14.57	$	15.05	$	13.11	$	12.84
Number of accumulation units outstanding at end of period		535		1,422		1,446		1,608		1,648		2,535		2,162
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.26	$	8.74	$	12.25	$	11.15	$	10.73	$	10.47
Value at end of period	$	13.79	$	12.26	$	8.74	$	12.25	$	11.15	$	10.73
Number of accumulation units outstanding at end of period		465		461		490		524		519		510
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.35	$	7.97	$	13.34	$	13.81	$	12.75	$	11.65	$	10.81
Value at end of period	$	12.65	$	10.35	$	7.97	$	13.34	$	13.81	$	12.75	$	11.65
Number of accumulation units outstanding at end of period		1,180		1,674		1,673		1,679		1,679		1,877		1,836
ING LIQUID ASSETS PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	16.40	$	16.61	$	16.47	$	15.93	$	15.46	$	15.28	$	15.38
Value at end of period	$	16.15	$	16.40	$	16.61	$	16.47	$	15.93	$	15.46	$	15.28
Number of accumulation units outstanding at end of period		90,427		260,898		196,907		68,449		8,272		8,026		2,064
ING MARSICO GROWTH PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	10.41	$	8.19	$	13.95	$	12.77
Value at end of period	$	12.28	$	10.41	$	8.19	$	13.95
Number of accumulation units outstanding at end of period		55		55		237		474
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	12.11	$	8.94	$	17.98	$	15.15	$	12.40	$	11.21
Value at end of period	$	13.56	$	12.11	$	8.94	$	17.98	$	15.15	$	12.40
Number of accumulation units outstanding at end of period		1,458		1,642		1,699		1,830		1,601		1,710
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	24.24	$	20.88	$	27.32	$	26.68	$	24.21	$	23.89	$	21.84
Value at end of period	$	26.22	$	24.24	$	20.88	$	27.32	$	26.68	$	24.21	$	23.89
Number of accumulation units outstanding at end of period		5,841		11,830		13,742		14,655		14,847		16,011		16,599


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING MFS UTILITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	14.75	$	11.28	$	18.39	$	14.66	$	11.39	$	11.41
Value at end of period	$	16.50	$	14.75	$	11.28	$	18.39	$	14.66	$	11.39
Number of accumulation units outstanding at end of period		1,915		4,921		4,966		3,652		4,079		3,823
ING MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	12.25	$	9.65	$	13.73	$	12.71	$	12.55
Value at end of period	$	13.74	$	12.25	$	9.65	$	13.73	$	12.71
Number of accumulation units outstanding at end of period		0		0		0		0		475
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	11.80	$	8.59	$	14.62	$	13.93	$	11.99	$	10.06
Value at end of period	$	13.49	$	11.80	$	8.59	$	14.62	$	13.93	$	11.99
Number of accumulation units outstanding at end of period		1,722		2,216		2,272		2,215		2,232		2,988
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during February 2006)
Value at beginning of period	$	13.27	$	9.67	$	16.50	$	15.76	$	14.23
Value at end of period	$	15.12	$	13.27	$	9.67	$	16.50	$	15.76
Number of accumulation units outstanding at end of period		10,132		14,568		16,629		21,252		28,687
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.53	$	9.20	$	12.06	$	11.91	$	11.10	$	10.81	$	10.00
Value at end of period	$	15.22	$	13.53	$	9.20	$	12.06	$	11.91	$	11.10	$	10.81
Number of accumulation units outstanding at end of period		2,759		6,539		7,103		7,811		7,815		8,675		8,034
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	17.18	$	15.25	$	14.86	$	13.85	$	13.48	$	13.37	$	12.94
Value at end of period	$	18.22	$	17.18	$	15.25	$	14.86	$	13.85	$	13.48	$	13.37
Number of accumulation units outstanding at end of period		13,428		26,263		14,030		18,117		10,675		10,875		14,478
ING PIONEER FUND PORTFOLIO (CLASS S)
(Fund first available during September 2005)
Value at beginning of period	$	10.25	$	8.38	$	13.04	$	12.61	$	10.97	$	10.65
Value at end of period	$	11.69	$	10.25	$	8.38	$	13.04	$	12.61	$	10.97
Number of accumulation units outstanding at end of period		0		25		25		26		26		26
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.15	$	8.24	$	12.51	$	12.04	$	10.89	$	10.89
Value at end of period	$	11.78	$	10.15	$	8.24	$	12.51	$	12.04	$	10.89
Number of accumulation units outstanding at end of period		138		230		338		138		459		138
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.31	$	8.25
Value at end of period	$	8.83	$	8.31
Number of accumulation units outstanding at end of period		0		6,389
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.37	$	9.22
Value at end of period	$	10.30	$	9.37
Number of accumulation units outstanding at end of period		5,505		6,515


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.63	$	9.49
Value at end of period	$	10.52	$	9.63
Number of accumulation units outstanding at end of period		3,468		39,718
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.86	$	9.75
Value at end of period	$	10.63	$	9.86
Number of accumulation units outstanding at end of period		14,822		25,879
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.68	$	10.84
Value at end of period	$	14.04	$	12.68
Number of accumulation units outstanding at end of period		715		4,218
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	8.15	$	6.95
Value at end of period	$	8.99	$	8.15
Number of accumulation units outstanding at end of period		10,189		13,056
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.50	$	10.64
Value at end of period	$	13.67	$	12.50
Number of accumulation units outstanding at end of period		2,413		4,538
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.98	$	11.56
Value at end of period	$	16.09	$	12.98
Number of accumulation units outstanding at end of period		0		801
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	8.66	$	6.96	$	10.04
Value at end of period	$	10.75	$	8.66	$	6.96
Number of accumulation units outstanding at end of period		0		2,217		2,218
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.94	$	9.10	$	12.75	$	12.40	$	10.99	$	10.73
Value at end of period	$	13.40	$	11.94	$	9.10	$	12.75	$	12.40	$	10.99
Number of accumulation units outstanding at end of period		0		5,610		6,119		6,128		5,234		225
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.60	$	8.61	$	13.60	$	13.41	$	11.44	$	11.18	$	10.63
Value at end of period	$	12.00	$	10.60	$	8.61	$	13.60	$	13.41	$	11.44	$	11.18
Number of accumulation units outstanding at end of period		0		975		976		889		923		38		107
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Funds were first received in this option during April 2007)
Value at beginning of period	$	9.62	$	7.41	$	12.67	$	12.10
Value at end of period	$	10.28	$	9.62	$	7.41	$	12.67
Number of accumulation units outstanding at end of period		27,841		36,734		42,257		26,467


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING TEMPLETON GLOBAL GROWTH PORTFOLIO
(Funds were first received in this option during April 2007)
Value at beginning of period	$	10.75	$	8.26	$	13.90	$	14.44
Value at end of period	$	11.41	$	10.75	$	8.26	$	13.90
Number of accumulation units outstanding at end of period		11,042		14,557		16,839		22,384
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	10.59	$	10.19	$	9.98
Value at end of period	$	11.04	$	10.59	$	10.19
Number of accumulation units outstanding at end of period		4,313		5,988		4,532
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	10.25	$	7.91	$	13.40	$	13.48	$	12.07
Value at end of period	$	11.40	$	10.25	$	7.91	$	13.40	$	13.48
Number of accumulation units outstanding at end of period		146		147		149		150		151
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.77	$	8.51	$	13.60	$	14.14	$	12.40	$	12.17	$	10.59
Value at end of period	$	12.20	$	10.77	$	8.51	$	13.60	$	14.14	$	12.40	$	12.17
Number of accumulation units outstanding at end of period		634		6,688		8,116		8,197		8,250		8,435		8,289
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	11.07	$	9.19	$	11.77
Value at end of period	$	12.21	$	11.07	$	9.19
Number of accumulation units outstanding at end of period		362		2,023		3,024
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during November 2006)
Value at beginning of period	$	10.43	$	8.54	$	12.81	$	12.68	$	12.40
Value at end of period	$	11.55	$	10.43	$	8.54	$	12.81	$	12.68
Number of accumulation units outstanding at end of period		0		1,029		1,030		941		942
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.70	$	9.05	$	12.89	$	12.06	$	10.76	$	9.90	$	9.89
Value at end of period	$	11.27	$	10.70	$	9.05	$	12.89	$	12.06	$	10.76	$	9.90
Number of accumulation units outstanding at end of period		1,372		4,099		4,060		4,236		4,348		3,739		2,030
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during January 2008)
Value at beginning of period	$	7.76	$	6.07	$	9.95
Value at end of period	$	8.09	$	7.76	$	6.07
Number of accumulation units outstanding at end of period		0		0		932
PROFUND VP EUROPE 30
(Fund first available during May 2003)
Value at beginning of period	$	9.26	$	7.11	$	12.89	$	11.43	$	9.88	$	9.28	$	8.51
Value at end of period	$	9.35	$	9.26	$	7.11	$	12.89	$	11.43	$	9.88	$	9.28
Number of accumulation units outstanding at end of period		238		237		237		244		244		244		244


		Condensed Financial Information (continued)




		Separate Account Annual Charges of 1.60%

		2010		2009		2008		2007		2006		2005		2004
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during June 2008)
Value at beginning of period	$	9.50	$	7.98	$	9.88
Value at end of period	$	10.26	$	9.50	$	7.98
Number of accumulation units outstanding at end of period		6,410		6,324		3,490
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during September 2005)
Value at beginning of period	$	11.11	$	9.03	$	12.78	$	13.33	$	11.35	$	11.13
Value at end of period	$	13.82	$	11.11	$	9.03	$	12.78	$	13.33	$	11.35
Number of accumulation units outstanding at end of period		772		670		640		982		1,148		1,433
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.33	$	9.25	$	16.40	$	14.21	$	12.96	$	11.29	$	10.52
Value at end of period	$	14.19	$	12.33	$	9.25	$	16.40	$	14.21	$	12.96	$	11.29
Number of accumulation units outstanding at end of period		21,324		23,804		26,280		17,784		17,689		7,002		224
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.58	$	7.50	$	13.32	$	13.37	$	11.33	$	10.83
Value at end of period	$	10.84	$	9.58	$	7.50	$	13.32	$	13.37	$	11.33
Number of accumulation units outstanding at end of period		5,862		6,140		6,210		6,495		6,922		2,749
ING AMERICAN FUNDS ASSET ALLOCATION PORTFOLIO
(Funds were first received in this option during April 2010)
Value at beginning of period	$	9.07
Value at end of period	$	9.60
Number of accumulation units outstanding at end of period		7,011
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during November 2008)
Value at beginning of period	$	9.75	$	8.83	$	8.63
Value at end of period	$	10.17	$	9.75	$	8.83
Number of accumulation units outstanding at end of period		14,830		13,907		381
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.22	$	7.95	$	13.08	$	12.72	$	11.28	$	10.88	$	10.05
Value at end of period	$	11.15	$	10.22	$	7.95	$	13.08	$	12.72	$	11.28	$	10.88
Number of accumulation units outstanding at end of period		40,011		41,875		43,327		36,828		25,241		11,387		1,493
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.36	$	8.33	$	15.19	$	13.81	$	12.80	$	11.25	$	10.28
Value at end of period	$	13.20	$	11.36	$	8.33	$	15.19	$	13.81	$	12.80	$	11.25
Number of accumulation units outstanding at end of period		36,079		37,646		41,612		36,627		30,630		13,796		1,946
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	14.85	$	10.60	$	18.73	$	15.94	$	13.69	$	11.34
Value at end of period	$	15.59	$	14.85	$	10.60	$	18.73	$	15.94	$	13.69
Number of accumulation units outstanding at end of period		21,114		21,970		25,259		20,259		18,232		4,493


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING AMERICAN FUNDS WORLD ALLOCATION PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	14.01	$	11.32
Value at end of period	$	15.53	$	14.01
Number of accumulation units outstanding at end of period		3,423		2,412
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.98	$	10.97	$	19.77	$	17.25	$	13.57	$	11.96	$	10.43
Value at end of period	$	13.64	$	12.98	$	10.97	$	19.77	$	17.25	$	13.57	$	11.96
Number of accumulation units outstanding at end of period		6,442		8,122		9,399		8,783		9,013		7,306		245
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.01	$	7.52	$	13.01	$	12.46	$	10.99	$	10.74
Value at end of period	$	12.46	$	10.01	$	7.52	$	13.01	$	12.46	$	10.99
Number of accumulation units outstanding at end of period		9,618		13,745		9,460		8,210		6,547		6,304
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.88	$	7.71	$	12.86	$	13.36
Value at end of period	$	11.03	$	9.88	$	7.71	$	12.86
Number of accumulation units outstanding at end of period		141		117		722		1,539
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.75	$	6.49	$	9.99
Value at end of period	$	11.34	$	9.75	$	6.49
Number of accumulation units outstanding at end of period		14,891		12,144		5,610
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Fund first available during September 2006)
Value at beginning of period	$	9.42	$	7.17	$	12.41	$	13.61	$	11.86
Value at end of period	$	10.75	$	9.42	$	7.17	$	12.41	$	13.61
Number of accumulation units outstanding at end of period		9,330		9,965		11,264		11,108		514
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.09	$	9.04	$	14.95	$	18.46	$	13.63	$	11.63
Value at end of period	$	15.22	$	12.09	$	9.04	$	14.95	$	18.46	$	13.63
Number of accumulation units outstanding at end of period		7,197		7,825		8,539		9,277		14,384		3,358
ING COLUMBIA LARGE CAP VALUE PORTFOLIO
(Funds were first received in this option during January 2007)
Value at beginning of period	$	8.10	$	6.60	$	10.17	$	9.99
Value at end of period	$	9.98	$	8.10	$	6.60	$	10.17
Number of accumulation units outstanding at end of period		683		2,648		2,699		2,303
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	8.81	$	6.80	$	11.38	$	11.10	$	11.01
Value at end of period	$	9.72	$	8.81	$	6.80	$	11.38	$	11.10
Number of accumulation units outstanding at end of period		811		784		653		545		545
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.21	$	8.91	$	14.89	$	13.21	$	12.00	$	11.46
Value at end of period	$	15.42	$	12.21	$	8.91	$	14.89	$	13.21	$	12.00
Number of accumulation units outstanding at end of period		5,895		4,115		2,701		2,718		11,106		1,890


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during July 2006)
Value at beginning of period	$	9.97	$	7.67	$	11.02	$	10.91	$	10.09
Value at end of period	$	11.08	$	9.97	$	7.67	$	11.02	$	10.91
Number of accumulation units outstanding at end of period		10,636		11,594		9,984		8,586		377
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.05	$	7.27	$	11.87	$	12.76
Value at end of period	$	9.93	$	9.05	$	7.27	$	11.87
Number of accumulation units outstanding at end of period		8,049		8,621		8,051		7,106
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.78	$	6.07	$	9.59	$	10.08
Value at end of period	$	8.48	$	7.78	$	6.07	$	9.59
Number of accumulation units outstanding at end of period		33,719		31,558		31,638		11,065
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	16.45	$	12.15	$	20.94	$	15.97	$	13.36	$	10.95
Value at end of period	$	19.69	$	16.45	$	12.15	$	20.94	$	15.97	$	13.36
Number of accumulation units outstanding at end of period		10,767		11,879		13,105		11,491		6,805		1,405
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.79	$	7.10
Value at end of period	$	8.73	$	7.79
Number of accumulation units outstanding at end of period		109		109
ING HANG SENG INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.94	$	12.08
Value at end of period	$	13.70	$	12.94
Number of accumulation units outstanding at end of period		4,005		2,490
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.81	$	8.11	$	13.16	$	12.77	$	11.35	$	10.82
Value at end of period	$	10.97	$	9.81	$	8.11	$	13.16	$	12.77	$	11.35
Number of accumulation units outstanding at end of period		66		206		565		980		1,032		1,014
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.97	$	8.48	$	13.84	$	13.37	$	12.45	$	11.41	$	10.44
Value at end of period	$	13.13	$	10.97	$	8.48	$	13.84	$	13.37	$	12.45	$	11.41
Number of accumulation units outstanding at end of period		2,358		2,899		3,609		4,212		3,880		3,109		119
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.18	$	8.31	$	12.73	$	13.83	$	12.39	$	12.01
Value at end of period	$	12.27	$	10.18	$	8.31	$	12.73	$	13.83	$	12.39
Number of accumulation units outstanding at end of period		2,719		2,984		3,358		3,843		3,468		2,246
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.54	$	9.63	$	10.71	$	10.30	$	10.09	$	10.13
Value at end of period	$	11.36	$	10.54	$	9.63	$	10.71	$	10.30	$	10.09
Number of accumulation units outstanding at end of period		51,676		19,733		30,952		9,085		8,593		346


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.60	$	7.02
Value at end of period	$	8.04	$	7.60
Number of accumulation units outstanding at end of period		372		376
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	13.13	$	9.78	$	19.48	$	16.38	$	16.33
Value at end of period	$	14.72	$	13.13	$	9.78	$	19.48	$	16.38
Number of accumulation units outstanding at end of period		8,947		9,020		9,305		10,007		367
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	20.20	$	11.97	$	24.96	$	18.32	$	13.71	$	10.97
Value at end of period	$	23.92	$	20.20	$	11.97	$	24.96	$	18.32	$	13.71
Number of accumulation units outstanding at end of period		20,888		22,036		21,524		22,839		11,012		2,248
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.23	$	9.08	$	13.78	$	13.69	$	11.94	$	11.59
Value at end of period	$	13.59	$	11.23	$	9.08	$	13.78	$	13.69	$	11.94
Number of accumulation units outstanding at end of period		2,732		3,271		3,206		3,186		3,380		2,826
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.59	$	9.25	$	13.41	$	13.87	$	12.08	$	11.84	$	10.73
Value at end of period	$	14.45	$	11.59	$	9.25	$	13.41	$	13.87	$	12.08	$	11.84
Number of accumulation units outstanding at end of period		5,625		3,946		3,233		3,573		2,630		1,248		90
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.15	$	9.38	$	13.16	$	11.98	$	11.53	$	10.63
Value at end of period	$	14.79	$	13.15	$	9.38	$	13.16	$	11.98	$	11.53
Number of accumulation units outstanding at end of period		3,620		0		0		0		507		22
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	9.79	$	7.54	$	12.63	$	13.08	$	12.09	$	12.04
Value at end of period	$	11.96	$	9.79	$	7.54	$	12.63	$	13.08	$	12.09
Number of accumulation units outstanding at end of period		491		491		491		2,258		1,359		2,922
ING LIQUID ASSETS PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.69	$	10.83	$	10.75	$	10.41	$	10.10	$	10.01
Value at end of period	$	10.52	$	10.69	$	10.83	$	10.75	$	10.41	$	10.10
Number of accumulation units outstanding at end of period		27,044		24,235		29,543		23,791		19,590		1,930
ING LORD ABBETT GROWTH AND INCOME PORTFOLIO (CLASS S)
(Fund first available during September 2003)
Value at beginning of period	$	9.72	$	8.32	$	13.33	$	13.01	$	11.24	$	10.27
Value at end of period	$	11.21	$	9.72	$	8.32	$	13.33	$	13.01	$	11.24
Number of accumulation units outstanding at end of period		3,311		3,369		3,108		3,294		3,160		3,069
ING MARSICO GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.58	$	8.33	$	14.19	$	12.63	$	12.23	$	10.77
Value at end of period	$	12.47	$	10.58	$	8.33	$	14.19	$	12.63	$	12.23
Number of accumulation units outstanding at end of period		4,485		4,226		3,862		3,624		3,653		5,915


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	12.08	$	8.92	$	17.95	$	15.13	$	12.40	$	11.21
Value at end of period	$	13.52	$	12.08	$	8.92	$	17.95	$	15.13	$	12.40
Number of accumulation units outstanding at end of period		7,758		5,334		11,909		10,671		11,949		3,147
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.87	$	9.37	$	12.26	$	11.98	$	10.88	$	10.74	$	10.14
Value at end of period	$	11.75	$	10.87	$	9.37	$	12.26	$	11.98	$	10.88	$	10.74
Number of accumulation units outstanding at end of period		11,139		12,415		17,160		17,675		8,263		7,898		1,480
ING MFS UTILITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	14.71	$	11.26	$	18.36	$	14.65	$	11.38	$	11.48
Value at end of period	$	16.45	$	14.71	$	11.26	$	18.36	$	14.65	$	11.38
Number of accumulation units outstanding at end of period		10,042		10,695		12,239		11,316		19,478		945
ING MIDCAP OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	8.97	$	6.47	$	10.05
Value at end of period	$	11.48	$	8.97	$	6.47
Number of accumulation units outstanding at end of period		1,627		667		908
ING MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO
(Funds were first received in this option during January 2007)
Value at beginning of period	$	12.22	$	9.63	$	13.71	$	12.96
Value at end of period	$	13.69	$	12.22	$	9.63	$	13.71
Number of accumulation units outstanding at end of period		49		307		239		2,537
ING MORGAN STANLEY GLOBAL TACTICAL ASSET ALLOCATION
PORTFOLIO
(Funds were first received in this option during September 2009)
Value at beginning of period	$	12.32	$	12.02
Value at end of period	$	13.05	$	12.32
Number of accumulation units outstanding at end of period		0		562
ING OPPENHEIMER ACTIVE ALLOCATION PORTFOLIO
(Funds were first received in this option during January 2010)
Value at beginning of period	$	13.70
Value at end of period	$	15.01
Number of accumulation units outstanding at end of period		566
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	11.77	$	8.57	$	14.59	$	13.92	$	11.99	$	10.06
Value at end of period	$	13.44	$	11.77	$	8.57	$	14.59	$	13.92	$	11.99
Number of accumulation units outstanding at end of period		0		0		799		787		716		220
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	12.65	$	9.23	$	15.75	$	15.05	$	13.01	$	11.62
Value at end of period	$	14.41	$	12.65	$	9.23	$	15.75	$	15.05	$	13.01
Number of accumulation units outstanding at end of period		5,555		5,851		9,447		8,710		2,617		3,799
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.11	$	8.92	$	11.70	$	11.56	$	10.78	$	10.50	$	10.18
Value at end of period	$	14.74	$	13.11	$	8.92	$	11.70	$	11.56	$	10.78	$	10.50
Number of accumulation units outstanding at end of period		7,455		7,043		7,690		8,392		5,090		436		68


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.99	$	11.54	$	11.25	$	10.49	$	10.22	$	10.26
Value at end of period	$	13.77	$	12.99	$	11.54	$	11.25	$	10.49	$	10.22
Number of accumulation units outstanding at end of period		22,888		24,521		36,066		21,204		10,522		3,730
ING PIONEER FUND PORTFOLIO (CLASS S)
(Funds were first received in this option during March 2008)
Value at beginning of period	$	10.22	$	8.37	$	12.25
Value at end of period	$	11.65	$	10.22	$	8.37
Number of accumulation units outstanding at end of period		0		0		491
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.12	$	8.22	$	12.49	$	12.03	$	10.88	$	10.72
Value at end of period	$	11.75	$	10.12	$	8.22	$	12.49	$	12.03	$	10.88
Number of accumulation units outstanding at end of period		1,094		2,420		2,595		1,656		2,395		2,342
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.31	$	8.25
Value at end of period	$	8.82	$	8.31
Number of accumulation units outstanding at end of period		0		51,223
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.37	$	9.21
Value at end of period	$	10.29	$	9.37
Number of accumulation units outstanding at end of period		86,630		97,314
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.63	$	9.49
Value at end of period	$	10.52	$	9.63
Number of accumulation units outstanding at end of period		205,476		212,960
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.86	$	9.75
Value at end of period	$	10.62	$	9.86
Number of accumulation units outstanding at end of period		60,356		93,972
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.67	$	10.84
Value at end of period	$	14.02	$	12.67
Number of accumulation units outstanding at end of period		526		532
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	8.14	$	6.94
Value at end of period	$	8.97	$	8.14
Number of accumulation units outstanding at end of period		8,506		8,880
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.49	$	10.64
Value at end of period	$	13.66	$	12.49
Number of accumulation units outstanding at end of period		4,136		4,035


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.98	$	11.56
Value at end of period	$	16.07	$	12.98
Number of accumulation units outstanding at end of period		1,988		1,931
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	8.66	$	6.67
Value at end of period	$	10.74	$	8.66
Number of accumulation units outstanding at end of period		0		7,258
ING SMALL COMPANY PORTFOLIO
(Funds were first received in this option during November 2008)
Value at beginning of period	$	8.94	$	7.14	$	7.21
Value at end of period	$	10.91	$	8.94	$	7.14
Number of accumulation units outstanding at end of period		0		4,481		375
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.90	$	9.08	$	12.73	$	12.39	$	10.98	$	10.45
Value at end of period	$	13.36	$	11.90	$	9.08	$	12.73	$	12.39	$	10.98
Number of accumulation units outstanding at end of period		23,208		26,649		26,541		16,953		13,760		5,445
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.42	$	8.47	$	13.39	$	13.20	$	11.27	$	10.63
Value at end of period	$	11.78	$	10.42	$	8.47	$	13.39	$	13.20	$	11.27
Number of accumulation units outstanding at end of period		9,627		15,239		12,121		11,227		11,229		9,574
ING T. ROWE PRICE GROWTH EQUITY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	8.09	$	5.76	$	10.16	$	10.10
Value at end of period	$	9.28	$	8.09	$	5.76	$	10.16
Number of accumulation units outstanding at end of period		4,515		1,431		896		871
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Fund first available during November 2006)
Value at beginning of period	$	9.60	$	7.40	$	12.66	$	11.17	$	10.42
Value at end of period	$	10.26	$	9.60	$	7.40	$	12.66	$	11.17
Number of accumulation units outstanding at end of period		6,164		6,643		6,691		2,006		1,055
ING TEMPLETON GLOBAL GROWTH PORTFOLIO (CLASS S)
(Fund first available during March 2006)
Value at beginning of period	$	10.73	$	8.24	$	13.88	$	13.78	$	12.11
Value at end of period	$	11.37	$	10.73	$	8.24	$	13.88	$	13.78
Number of accumulation units outstanding at end of period		4,828		4,647		7,640		4,264		2,990
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during October 2008)
Value at beginning of period	$	10.58	$	10.19	$	9.71
Value at end of period	$	11.02	$	10.58	$	10.19
Number of accumulation units outstanding at end of period		728		685		114
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.83	$	7.77	$	12.44	$	12.93	$	11.34	$	11.14	$	10.40
Value at end of period	$	11.14	$	9.83	$	7.77	$	12.44	$	12.93	$	11.34	$	11.14
Number of accumulation units outstanding at end of period		13,264		12,975		9,704		9,365		5,255		6,100		174


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.04	$	9.17	$	12.19	$	12.00	$	10.84	$	10.65
Value at end of period	$	12.17	$	11.04	$	9.17	$	12.19	$	12.00	$	10.84
Number of accumulation units outstanding at end of period		2,339		1,933		1,898		2,132		2,852		1,378
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.40	$	8.53	$	12.79	$	12.67	$	11.10	$	10.42
Value at end of period	$	11.51	$	10.40	$	8.53	$	12.79	$	12.67	$	11.10
Number of accumulation units outstanding at end of period		2,567		2,861		2,822		1,234		1,265		1,317
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	11.65	$	9.86	$	14.04	$	13.15	$	11.73	$	10.79
Value at end of period	$	12.26	$	11.65	$	9.86	$	14.04	$	13.15	$	11.73
Number of accumulation units outstanding at end of period		733		735		2,245		3,505		484		484
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	7.76	$	6.07	$	9.83
Value at end of period	$	8.08	$	7.76	$	6.07
Number of accumulation units outstanding at end of period		427		3,732		3,795
PROFUND VP EUROPE 30
(Fund first available during September 2006)
Value at beginning of period	$	11.26	$	8.65	$	15.70	$	13.93	$	12.53	$	11.32	$	11.32
Value at end of period	$	11.37	$	11.26	$	8.65	$	15.70	$	13.93	$	12.53	$	11.32
Number of accumulation units outstanding at end of period		0		0		0		0		413		0		18,775
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2006)
Value at beginning of period	$	6.86	$	5.28	$	8.64	$	9.27	$	9.17
Value at end of period	$	5.67	$	6.86	$	5.28	$	8.64	$	9.27
Number of accumulation units outstanding at end of period		0		1,480		1,576		1,531		1,329



		Separate Account Annual Charges of 1.75%

		2010		2009		2008		2007		2006		2005		2004
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during June 2008)
Value at beginning of period	$	9.47	$	7.97	$	9.91
Value at end of period	$	10.22	$	9.47	$	7.97
Number of accumulation units outstanding at end of period		33,720		26,799		17,124
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during September 2005)
Value at beginning of period	$	11.03	$	8.98	$	12.73	$	13.30	$	11.34	$	11.27
Value at end of period	$	13.71	$	11.03	$	8.98	$	12.73	$	13.30	$	11.34
Number of accumulation units outstanding at end of period		985		1,899		1,923		2,069		1,950		4,020


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.30	$	9.99	$	17.74	$	15.40	$	14.06	$	12.27	$	10.84
Value at end of period	$	15.28	$	13.30	$	9.99	$	17.74	$	15.40	$	14.06	$	12.27
Number of accumulation units outstanding at end of period		138,622		156,811		175,122		116,527		113,409		46,372		16,055
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.49	$	7.44	$	13.24	$	13.30	$	11.29	$	10.88	$	9.96
Value at end of period	$	10.72	$	9.49	$	7.44	$	13.24	$	13.30	$	11.29	$	10.88
Number of accumulation units outstanding at end of period		69,842		82,046		98,655		113,026		114,112		102,475		44,415
ING AMERICAN FUNDS ASSET ALLOCATION PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.69	$	7.17	$	10.13
Value at end of period	$	9.57	$	8.69	$	7.17
Number of accumulation units outstanding at end of period		5,659		6,647		4,521
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during March 2008)
Value at beginning of period	$	9.72	$	8.82	$	9.83
Value at end of period	$	10.13	$	9.72	$	8.82
Number of accumulation units outstanding at end of period		66,285		63,146		49,468
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.04	$	8.60	$	14.17	$	13.80	$	12.25	$	11.84	$	10.98
Value at end of period	$	12.02	$	11.04	$	8.60	$	14.17	$	13.80	$	12.25	$	11.84
Number of accumulation units outstanding at end of period		145,375		153,410		164,440		96,833		67,764		57,095		42,363
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.86	$	8.70	$	15.90	$	14.48	$	13.44	$	11.83	$	10.76
Value at end of period	$	13.76	$	11.86	$	8.70	$	15.90	$	14.48	$	13.44	$	11.83
Number of accumulation units outstanding at end of period		178,591		195,447		203,234		95,510		54,853		46,983		30,615
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	17.34	$	12.40	$	21.93	$	18.69	$	16.07	$	13.53	$	11.60
Value at end of period	$	18.17	$	17.34	$	12.40	$	21.93	$	18.69	$	16.07	$	13.53
Number of accumulation units outstanding at end of period		59,770		63,082		74,084		39,951		28,257		27,231		14,401
ING AMERICAN FUNDS WORLD ALLOCATION PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	13.99	$	12.51
Value at end of period	$	15.49	$	13.99
Number of accumulation units outstanding at end of period		918		547
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	8.91	$	7.62	$	10.82	$	10.46
Value at end of period	$	9.96	$	8.91	$	7.62	$	10.82
Number of accumulation units outstanding at end of period		203		1,993		1,867		2,457
ING BALANCED PORTFOLIO
Value at beginning of period	$	9.94	$	7.48	$	12.96	$	12.43	$	10.98	$	10.72
Value at end of period	$	12.35	$	9.94	$	7.48	$	12.96	$	12.43	$	10.98
Number of accumulation units outstanding at end of period		14,431		14,473		13,823		5,301		2,137		719


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	9.94	$	7.48	$	12.96	$	12.43	$	10.98	$	10.72
Value at end of period	$	12.35	$	9.94	$	7.48	$	12.96	$	12.43	$	10.98
Number of accumulation units outstanding at end of period		14,431		14,473		13,823		5,301		2,137		719
ING BLACKROCK INFLATION PROTECTED BOND PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	10.56	$	9.99
Value at end of period	$	10.94	$	10.56
Number of accumulation units outstanding at end of period		32,224		22,268
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.81	$	7.67	$	12.81	$	12.21	$	11.60	$	11.19
Value at end of period	$	10.94	$	9.81	$	7.67	$	12.81	$	12.21	$	11.60
Number of accumulation units outstanding at end of period		13,485		17,939		21,325		4,553		3,152		3,081
ING BLACKROCK LARGE CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.21	$	8.31	$	13.07	$	12.76	$	11.16	$	11.00
Value at end of period	$	10.05	$	9.21	$	8.31	$	13.07	$	12.76	$	11.16
Number of accumulation units outstanding at end of period		2,942		2,879		2,453		2,550		1,838		751
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.73	$	6.49	$	9.99
Value at end of period	$	11.29	$	9.73	$	6.49
Number of accumulation units outstanding at end of period		18,793		16,750		18,703
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	9.37	$	7.14	$	12.38	$	13.59	$	13.26
Value at end of period	$	10.68	$	9.37	$	7.14	$	12.38	$	13.59
Number of accumulation units outstanding at end of period		16,079		16,979		23,960		18,188		6,795
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	14.03	$	10.51	$	17.40	$	21.53	$	15.92	$	13.87	$	10.86
Value at end of period	$	17.65	$	14.03	$	10.51	$	17.40	$	21.53	$	15.92	$	13.87
Number of accumulation units outstanding at end of period		8,771		10,772		11,635		12,903		10,470		8,708		4,329
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Fund first available during May 2006)
Value at beginning of period	$	8.05	$	6.57	$	10.15	$	10.03	$	9.44
Value at end of period	$	9.91	$	8.05	$	6.57	$	10.15	$	10.03
Number of accumulation units outstanding at end of period		6,381		6,745		6,368		5,007		1,307
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	8.76	$	6.77	$	11.34	$	11.08	$	9.86
Value at end of period	$	9.65	$	8.76	$	6.77	$	11.34	$	11.08
Number of accumulation units outstanding at end of period		36,976		37,350		38,967		7,422		3,323
ING DFA WORLD EQUITY PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	6.65	$	5.56	$	9.05
Value at end of period	$	8.16	$	6.65	$	5.56
Number of accumulation units outstanding at end of period		7,779		8,547		9,528


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.13	$	8.87	$	14.83	$	13.18	$	11.99	$	11.09
Value at end of period	$	15.29	$	12.13	$	8.87	$	14.83	$	13.18	$	11.99
Number of accumulation units outstanding at end of period		30,723		37,078		39,804		9,861		5,508		1,774
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	9.91	$	7.64	$	10.99	$	10.90	$	10.88
Value at end of period	$	11.00	$	9.91	$	7.64	$	10.99	$	10.90
Number of accumulation units outstanding at end of period		90,606		90,356		89,829		68,290		10,294
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	9.01	$	7.25	$	11.86	$	12.69
Value at end of period	$	9.88	$	9.01	$	7.25	$	11.86
Number of accumulation units outstanding at end of period		33,194		33,702		39,063		16,600
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	7.75	$	6.06	$	9.58	$	10.03
Value at end of period	$	8.44	$	7.75	$	6.06	$	9.58
Number of accumulation units outstanding at end of period		95,946		95,148		85,823		67,967
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	16.33	$	12.09	$	20.85	$	15.93	$	13.35	$	13.18
Value at end of period	$	19.52	$	16.33	$	12.09	$	20.85	$	15.93	$	13.35
Number of accumulation units outstanding at end of period		83,358		90,895		135,835		12,207		4,546		416
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during December 2008)
Value at beginning of period	$	7.77	$	6.08	$	5.84
Value at end of period	$	8.69	$	7.77	$	6.08
Number of accumulation units outstanding at end of period		25,328		21,523		1,117
ING HANG SENG INDEX PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	12.93	$	13.33
Value at end of period	$	13.66	$	12.93
Number of accumulation units outstanding at end of period		9		10
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	8.56	$	7.08	$	11.52	$	11.19	$	9.96	$	9.64	$	8.90
Value at end of period	$	9.56	$	8.56	$	7.08	$	11.52	$	11.19	$	9.96	$	9.64
Number of accumulation units outstanding at end of period		12,719		15,752		16,265		19,475		19,376		16,141		9,183
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.05	$	9.33	$	15.25	$	14.75	$	13.75	$	12.63	$	11.05
Value at end of period	$	14.40	$	12.05	$	9.33	$	15.25	$	14.75	$	13.75	$	12.63
Number of accumulation units outstanding at end of period		9,980		15,664		21,398		22,701		18,784		22,970		16,939
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.80	$	9.64	$	14.79	$	16.10	$	14.44	$	13.69	$	11.44
Value at end of period	$	14.19	$	11.80	$	9.64	$	14.79	$	16.10	$	14.44	$	13.69
Number of accumulation units outstanding at end of period		19,652		22,653		26,984		28,177		23,049		31,178		22,926


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	10.47	$	9.58	$	10.67	$	10.27	$	10.12
Value at end of period	$	11.27	$	10.47	$	9.58	$	10.67	$	10.27
Number of accumulation units outstanding at end of period		52,876		48,960		41,886		14,737		13,225
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during February 2009)
Value at beginning of period	$	7.58	$	4.74
Value at end of period	$	8.01	$	7.58
Number of accumulation units outstanding at end of period		15,403		14,631
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.55	$	9.37	$	18.68	$	15.73	$	13.01	$	11.45	$	11.01
Value at end of period	$	14.06	$	12.55	$	9.37	$	18.68	$	15.73	$	13.01	$	11.45
Number of accumulation units outstanding at end of period		23,258		25,358		25,797		11,090		740		544		545
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	20.07	$	11.90	$	24.86	$	18.27	$	13.69	$	10.83
Value at end of period	$	23.72	$	20.07	$	11.90	$	24.86	$	18.27	$	13.69
Number of accumulation units outstanding at end of period		34,299		35,609		46,737		12,968		7,145		2,294
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.79	$	11.17	$	16.98	$	16.89	$	14.75	$	13.84	$	11.68
Value at end of period	$	16.67	$	13.79	$	11.17	$	16.98	$	16.89	$	14.75	$	13.84
Number of accumulation units outstanding at end of period		15,153		14,199		12,691		12,523		13,748		16,332		12,188
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.40	$	9.91	$	14.40	$	14.91	$	13.01	$	12.77	$	10.74
Value at end of period	$	15.44	$	12.40	$	9.91	$	14.40	$	14.91	$	13.01	$	12.77
Number of accumulation units outstanding at end of period		14,163		14,549		12,694		7,752		10,286		8,103		1,982
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.12	$	8.66	$	12.16	$	11.09	$	10.69	$	10.44
Value at end of period	$	13.60	$	12.12	$	8.66	$	12.16	$	11.09	$	10.69
Number of accumulation units outstanding at end of period		1,452		1,532		831		1,002		106		107
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.22	$	7.88	$	13.22	$	13.72	$	12.69	$	11.62	$	11.31
Value at end of period	$	12.47	$	10.22	$	7.88	$	13.22	$	13.72	$	12.69	$	11.62
Number of accumulation units outstanding at end of period		3,906		6,079		6,099		5,120		3,434		3,150		2,601
ING LIQUID ASSETS PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	15.72	$	15.95	$	15.85	$	15.37	$	14.94	$	14.80	$	14.87
Value at end of period	$	15.45	$	15.72	$	15.95	$	15.85	$	15.37	$	14.94	$	14.80
Number of accumulation units outstanding at end of period		282,724		467,470		465,880		284,764		25,705		30,531		18,611
ING MARSICO GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.29	$	8.12	$	13.84	$	12.34	$	11.97	$	11.19	$	9.92
Value at end of period	$	12.12	$	10.29	$	8.12	$	13.84	$	12.34	$	11.97	$	11.19
Number of accumulation units outstanding at end of period		33,903		33,996		34,277		9,618		6,447		5,760		524


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during July 2005)
Value at beginning of period	$	11.99	$	8.87	$	17.88	$	15.10	$	12.39	$	10.36
Value at end of period	$	13.41	$	11.99	$	8.87	$	17.88	$	15.10	$	12.39
Number of accumulation units outstanding at end of period		21,325		23,888		29,419		12,279		7,923		7,995
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	23.51	$	20.29	$	26.59	$	26.03	$	23.66	$	23.40	$	21.43
Value at end of period	$	25.37	$	23.51	$	20.29	$	26.59	$	26.03	$	23.66	$	23.40
Number of accumulation units outstanding at end of period		29,557		30,370		32,917		31,987		27,932		28,026		15,923
ING MFS UTILITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	14.61	$	11.19	$	18.29	$	14.61	$	11.37	$	10.57
Value at end of period	$	16.32	$	14.61	$	11.19	$	18.29	$	14.61	$	11.37
Number of accumulation units outstanding at end of period		33,174		36,176		40,914		20,630		11,383		14,002
ING MIDCAP OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during August 2008)
Value at beginning of period	$	8.95	$	6.46	$	9.72
Value at end of period	$	11.43	$	8.95	$	6.46
Number of accumulation units outstanding at end of period		1,696		1,704		1,738
ING MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	12.14	$	9.58	$	13.65	$	12.67	$	10.98
Value at end of period	$	13.58	$	12.14	$	9.58	$	13.65	$	12.67
Number of accumulation units outstanding at end of period		9,288		7,152		4,369		5,190		34
ING MORGAN STANLEY GLOBAL TACTICAL ASSET ALLOCATION
PORTFOLIO
(Funds were first received in this option during October 2010)
Value at beginning of period	$	12.82
Value at end of period	$	13.02
Number of accumulation units outstanding at end of period		241
ING OPPENHEIMER ACTIVE ALLOCATION PORTFOLIO
(Funds were first received in this option during December 2010)
Value at beginning of period	$	14.70
Value at end of period	$	14.97
Number of accumulation units outstanding at end of period		732
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	11.69	$	8.52	$	14.54	$	13.88	$	11.98	$	10.06
Value at end of period	$	13.33	$	11.69	$	8.52	$	14.54	$	13.88	$	11.98
Number of accumulation units outstanding at end of period		918		2,654		2,922		3,185		3,225		3,300
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	13.06	$	9.54	$	16.31	$	15.61	$	13.51	$	12.14	$	10.74
Value at end of period	$	14.86	$	13.06	$	9.54	$	16.31	$	15.61	$	13.51	$	12.14
Number of accumulation units outstanding at end of period		56,903		68,485		79,077		76,580		92,843		18,655		2,249
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.38	$	9.11	$	11.97	$	11.85	$	11.07	$	10.80	$	10.00
Value at end of period	$	15.02	$	13.38	$	9.11	$	11.97	$	11.85	$	11.07	$	10.80
Number of accumulation units outstanding at end of period		22,990		24,780		29,427		33,391		29,371		24,715		14,808


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	16.66	$	14.82	$	14.47	$	13.51	$	13.18	$	13.09	$	12.71
Value at end of period	$	17.63	$	16.66	$	14.82	$	14.47	$	13.51	$	13.18	$	13.09
Number of accumulation units outstanding at end of period		150,586		175,930		128,707		42,625		29,043		27,791		16,547
ING PIONEER FUND PORTFOLIO (CLASS S)
(Fund first available during September 2005)
Value at beginning of period	$	10.15	$	8.32	$	12.97	$	12.57	$	10.95	$	10.64
Value at end of period	$	11.56	$	10.15	$	8.32	$	12.97	$	12.57	$	10.95
Number of accumulation units outstanding at end of period		3,922		188		853		2,494		2,254		1,354
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.05	$	8.18	$	12.44	$	12.00	$	10.87	$	10.63
Value at end of period	$	11.65	$	10.05	$	8.18	$	12.44	$	12.00	$	10.87
Number of accumulation units outstanding at end of period		26,321		27,247		28,956		14,042		14,665		10,960
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during December 2009)
Value at beginning of period	$	8.31	$	8.33
Value at end of period	$	8.81	$	8.31
Number of accumulation units outstanding at end of period		15,948		12,369
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.37	$	9.21
Value at end of period	$	10.27	$	9.37
Number of accumulation units outstanding at end of period		304,281		328,694
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.62	$	9.49
Value at end of period	$	10.50	$	9.62
Number of accumulation units outstanding at end of period		350,829		353,512
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.85	$	9.75
Value at end of period	$	10.61	$	9.85
Number of accumulation units outstanding at end of period		231,239		246,913
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.66	$	10.83
Value at end of period	$	13.99	$	12.66
Number of accumulation units outstanding at end of period		10,938		10,982
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.12	$	6.69	$	10.04
Value at end of period	$	8.94	$	8.12	$	6.69
Number of accumulation units outstanding at end of period		75,900		77,691		1,729
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.48	$	10.63
Value at end of period	$	13.63	$	12.48
Number of accumulation units outstanding at end of period		6,949		8,871


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.96	$	11.55
Value at end of period	$	16.03	$	12.96
Number of accumulation units outstanding at end of period		19,851		21,184
ING RUSSELL^TMMID CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2008)
Value at beginning of period	$	8.40	$	6.11	$	9.36
Value at end of period	$	10.30	$	8.40	$	6.11
Number of accumulation units outstanding at end of period		13,648		6,320		4,310
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	8.63	$	6.95	$	10.03
Value at end of period	$	10.69	$	8.63	$	6.95
Number of accumulation units outstanding at end of period		4,560		4,130		2,245
ING SMALLCAP OPPORTUNITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.75	$	9.15	$	14.24	$	13.20	$	11.95	$	12.01
Value at end of period	$	15.25	$	11.75	$	9.15	$	14.24	$	13.20	$	11.95
Number of accumulation units outstanding at end of period		0		4		483		483		4		4
ING SMALL COMPANY PORTFOLIO
(Funds were first received in this option during August 2008)
Value at beginning of period	$	8.92	$	7.13	$	10.46
Value at end of period	$	10.86	$	8.92	$	7.13
Number of accumulation units outstanding at end of period		11,717		9,616		8,988
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.82	$	9.03	$	12.68	$	12.36	$	10.97	$	10.54
Value at end of period	$	13.25	$	11.82	$	9.03	$	12.68	$	12.36	$	10.97
Number of accumulation units outstanding at end of period		54,153		56,847		57,846		20,609		15,830		3,518
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.48	$	8.53	$	13.50	$	13.34	$	11.40	$	11.16	$	10.03
Value at end of period	$	11.83	$	10.48	$	8.53	$	13.50	$	13.34	$	11.40	$	11.16
Number of accumulation units outstanding at end of period		44,644		46,061		45,746		33,210		41,437		36,317		17,573
ING T. ROWE PRICE GROWTH EQUITY PORTFOLIO
(Funds were first received in this option during January 2008)
Value at beginning of period	$	8.06	$	5.75	$	9.08
Value at end of period	$	9.23	$	8.06	$	5.75
Number of accumulation units outstanding at end of period		1,327		1,377		1,771
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Fund first available during June 2006)
Value at beginning of period	$	9.55	$	7.37	$	12.63	$	11.16	$	9.27
Value at end of period	$	10.19	$	9.55	$	7.37	$	12.63	$	11.16
Number of accumulation units outstanding at end of period		161,981		180,249		197,568		101,442		22
ING TEMPLETON GLOBAL GROWTH PORTFOLIO (CLASS S)
(Fund first available during May 2005)
Value at beginning of period	$	10.65	$	8.19	$	13.83	$	13.74	$	11.47	$	10.61
Value at end of period	$	11.28	$	10.65	$	8.19	$	13.83	$	13.74	$	11.47
Number of accumulation units outstanding at end of period		61,701		68,904		75,591		83,709		6,010		779


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING THORNBURG VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	8.66	$	6.09	$	10.28	$	9.76	$	8.50	$	8.52	$	8.02
Value at end of period	$	9.48	$	8.66	$	6.09	$	10.28	$	9.76	$	8.50	$	8.52
Number of accumulation units outstanding at end of period		213		214		235		308		370		1,966		2,044
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	10.55	$	10.17	$	9.78
Value at end of period	$	10.98	$	10.55	$	10.17
Number of accumulation units outstanding at end of period		40,785		40,997		16,431
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.13	$	7.84	$	13.30	$	13.41	$	11.94	$	10.85
Value at end of period	$	11.25	$	10.13	$	7.84	$	13.30	$	13.41	$	11.94
Number of accumulation units outstanding at end of period		1,432		1,527		2,012		1,984		1,489		1,867
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.60	$	8.39	$	13.45	$	14.01	$	12.30	$	12.10	$	10.55
Value at end of period	$	11.99	$	10.60	$	8.39	$	13.45	$	14.01	$	12.30	$	12.10
Number of accumulation units outstanding at end of period		4,753		4,755		4,865		4,665		6,320		4,566		2,111
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.96	$	9.12	$	12.14	$	11.97	$	10.83	$	10.64
Value at end of period	$	12.07	$	10.96	$	9.12	$	12.14	$	11.97	$	10.83
Number of accumulation units outstanding at end of period		24,891		26,682		26,994		8,804		8,794		6,628
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.33	$	8.48	$	12.74	$	12.64	$	11.09	$	10.87
Value at end of period	$	11.42	$	10.33	$	8.48	$	12.74	$	12.64	$	11.09
Number of accumulation units outstanding at end of period		11,377		12,327		10,945		7,776		4,601		791
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.58	$	8.97	$	12.80	$	12.00	$	10.72	$	9.88	$	8.97
Value at end of period	$	11.12	$	10.58	$	8.97	$	12.80	$	12.00	$	10.72	$	9.88
Number of accumulation units outstanding at end of period		11,611		14,048		23,335		13,018		11,716		11,260		1,230
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during January 2008)
Value at beginning of period	$	7.73	$	6.06	$	9.95
Value at end of period	$	8.05	$	7.73	$	6.06
Number of accumulation units outstanding at end of period		33,387		68,411		70,654
INVESCO V.I. LEISURE FUND
(Fund first available during May 2003)
Value at beginning of period	$	10.03	$	7.69	$	13.74	$	14.10	$	11.51	$	11.86	$	10.64
Value at end of period	$	12.01	$	10.03	$	7.69	$	13.74	$	14.10	$	11.51	$	11.86
Number of accumulation units outstanding at end of period		0		58		58		387		396		374		373
PROFUND VP BULL
(Fund first available during May 2003)
Value at beginning of period	$	7.51	$	6.14	$	10.03	$	9.86	$	8.83	$	8.75	$	8.29
Value at end of period	$	8.30	$	7.51	$	6.14	$	10.03	$	9.86	$	8.83	$	8.75
Number of accumulation units outstanding at end of period		86		682		683		1,354		2,561		2,452		2,451


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
PROFUND VP EUROPE 30
(Fund first available during May 2003)
Value at beginning of period	$	9.09	$	7.00	$	12.72	$	11.30	$	9.78	$	9.21	$	8.68
Value at end of period	$	9.17	$	9.09	$	7.00	$	12.72	$	11.30	$	9.78	$	9.21
Number of accumulation units outstanding at end of period		385		385		573		931		966		985		848
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2003)
Value at beginning of period	$	5.92	$	4.55	$	7.47	$	8.02	$	7.41	$	8.19	$	9.03
Value at end of period	$	4.88	$	5.92	$	4.55	$	7.47	$	8.02	$	7.41	$	8.19
Number of accumulation units outstanding at end of period		2,617		2,787		2,850		3,677		3,305		3,253		1,230



		Separate Account Annual Charges of 1.90%

		2010		2009		2008		2007		2006		2005		2004
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during November 2005)
Value at beginning of period	$	10.95	$	8.93	$	12.67	$	13.26	$	11.32	$	11.24
Value at end of period	$	13.59	$	10.95	$	8.93	$	12.67	$	13.26	$	11.32
Number of accumulation units outstanding at end of period		0		174		174		174		174		174
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Funds were first received in this option during August 2008)
Value at beginning of period	$	13.13	$	9.88	$	14.77
Value at end of period	$	15.06	$	13.13	$	9.88
Number of accumulation units outstanding at end of period		1,389		1,389		1,389
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.37	$	7.35	$	13.11	$	13.19	$	11.21	$	10.83	$	9.92
Value at end of period	$	10.57	$	9.37	$	7.35	$	13.11	$	13.19	$	11.21	$	10.83
Number of accumulation units outstanding at end of period		141		486		490		817		968		841		269
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.93	$	8.53	$	14.07	$	13.73	$	12.21	$	11.82	$	10.97
Value at end of period	$	11.89	$	10.93	$	8.53	$	14.07	$	13.73	$	12.21	$	11.82
Number of accumulation units outstanding at end of period		6,572		8,688		8,939		8,059		6,230		5,943		4,853
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.75	$	8.63	$	15.80	$	14.41	$	13.39	$	11.81	$	10.75
Value at end of period	$	13.61	$	11.75	$	8.63	$	15.80	$	14.41	$	13.39	$	11.81
Number of accumulation units outstanding at end of period		4,794		5,830		5,985		6,403		3,964		4,313		4,629
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	17.17	$	12.30	$	21.79	$	18.60	$	16.02	$	13.50	$	11.60
Value at end of period	$	17.97	$	17.17	$	12.30	$	21.79	$	18.60	$	16.02	$	13.50
Number of accumulation units outstanding at end of period		1,046		1,825		1,894		1,467		643		758		455
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during November 2005)
Value at beginning of period	$	9.87	$	7.44	$	12.91	$	12.40	$	10.97	$	10.72
Value at end of period	$	12.25	$	9.87	$	7.44	$	12.91	$	12.40	$	10.97
Number of accumulation units outstanding at end of period		0		182		182		182		182		182


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	9.70	$	8.34
Value at end of period	$	11.25	$	9.70
Number of accumulation units outstanding at end of period		0		1,155
ING FRANKLIN INCOME PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.86	$	7.61	$	10.97	$	11.54
Value at end of period	$	10.92	$	9.86	$	7.61	$	10.97
Number of accumulation units outstanding at end of period		3,224		6,022		3,799		1,744
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	8.98	$	7.23	$	11.85	$	12.76
Value at end of period	$	9.82	$	8.98	$	7.23	$	11.85
Number of accumulation units outstanding at end of period		796		1,377		1,457		789
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.72	$	6.04	$	9.57	$	10.19
Value at end of period	$	8.39	$	7.72	$	6.04	$	9.57
Number of accumulation units outstanding at end of period		2,901		2,901		3,100		2,883
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	8.45	$	7.00	$	11.40	$	11.10	$	10.14
Value at end of period	$	9.42	$	8.45	$	7.00	$	11.40	$	11.10
Number of accumulation units outstanding at end of period		282		282		283		283		404
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.90	$	9.23	$	15.10	$	14.63	$	13.66	$	12.56	$	11.33
Value at end of period	$	14.19	$	11.90	$	9.23	$	15.10	$	14.63	$	13.66	$	12.56
Number of accumulation units outstanding at end of period		139		139		139		139		199		2,791		2,791
ING JANUS CONTRARIAN PORTFOLIO
(Funds were first received in this option during July 2007)
Value at beginning of period	$	12.45	$	9.30	$	18.58	$	18.22
Value at end of period	$	13.92	$	12.45	$	9.30	$	18.58
Number of accumulation units outstanding at end of period		0		0		0		573
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	19.92	$	11.84	$	24.76	$	18.23	$	13.68	$	12.54
Value at end of period	$	23.51	$	19.92	$	11.84	$	24.76	$	18.23	$	13.68
Number of accumulation units outstanding at end of period		0		155		155		156		156		156
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.63	$	11.06	$	16.84	$	16.77	$	14.67	$	13.78	$	12.93
Value at end of period	$	16.45	$	13.63	$	11.06	$	16.84	$	16.77	$	14.67	$	13.78
Number of accumulation units outstanding at end of period		1,270		1,271		1,271		1,270		1,271		1,271		1,630
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.26	$	9.81	$	14.28	$	14.81	$	12.94	$	12.72	$	10.80
Value at end of period	$	15.24	$	12.26	$	9.81	$	14.28	$	14.81	$	12.94	$	12.72
Number of accumulation units outstanding at end of period		0		0		0		2,622		2,940		2,941		2,941


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING LIQUID ASSETS PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	15.23	$	15.48	$	15.40	$	14.96	$	14.56	$	14.44	$	14.57
Value at end of period	$	14.94	$	15.23	$	15.48	$	15.40	$	14.96	$	14.56	$	14.44
Number of accumulation units outstanding at end of period		16,246		65,197		55,556		2,750		2,799		1,031		1,549
ING MARSICO GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.20	$	8.06	$	13.77	$	12.29	$	11.94	$	11.53
Value at end of period	$	11.99	$	10.20	$	8.06	$	13.77	$	12.29	$	11.94
Number of accumulation units outstanding at end of period		0		169		169		169		169		169
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	11.91	$	8.82	$	17.81	$	15.06	$	12.38	$	11.19
Value at end of period	$	13.29	$	11.91	$	8.82	$	17.81	$	15.06	$	12.38
Number of accumulation units outstanding at end of period		0		0		0		3,583		4,022		5,573
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	22.97	$	19.86	$	26.07	$	25.55	$	23.26	$	23.04	$	21.14
Value at end of period	$	24.75	$	22.97	$	19.86	$	26.07	$	25.55	$	23.26	$	23.04
Number of accumulation units outstanding at end of period		383		1,409		1,431		1,166		1,440		1,350		472
ING MFS UTILITIES PORTFOLIO
(Funds were first received in this option during August 2010)
Value at beginning of period	$	14.36
Value at end of period	$	16.18
Number of accumulation units outstanding at end of period		659
ING MIDCAP OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during August 2010)
Value at beginning of period	$	9.11
Value at end of period	$	11.39
Number of accumulation units outstanding at end of period		974
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	13.26	$	9.05	$	11.91	$	11.80	$	11.04	$	10.78	$	10.00
Value at end of period	$	14.87	$	13.26	$	9.05	$	11.91	$	11.80	$	11.04	$	10.78
Number of accumulation units outstanding at end of period		350		888		888		1,987		2,129		2,129		1,526
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	16.28	$	14.50	$	14.18	$	13.26	$	12.96	$	12.89	$	12.53
Value at end of period	$	17.20	$	16.28	$	14.50	$	14.18	$	13.26	$	12.96	$	12.89
Number of accumulation units outstanding at end of period		5,629		7,785		8,227		2,355		2,455		2,428		2,003
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.98	$	8.13	$	12.39	$	11.97	$	10.86	$	10.34
Value at end of period	$	11.55	$	9.98	$	8.13	$	12.39	$	11.97	$	10.86
Number of accumulation units outstanding at end of period		0		189		189		936		189		189
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.36	$	9.21
Value at end of period	$	10.25	$	9.36
Number of accumulation units outstanding at end of period		0		10,212


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.85	$	9.75
Value at end of period	$	10.59	$	9.85
Number of accumulation units outstanding at end of period		804		2,336
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.95	$	11.55
Value at end of period	$	15.99	$	12.95
Number of accumulation units outstanding at end of period		0		124
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	8.61	$	6.94	$	10.03
Value at end of period	$	10.65	$	8.61	$	6.94
Number of accumulation units outstanding at end of period		1,816		1,817		1,817
ING SMALLCAP OPPORTUNITIES PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	11.67	$	9.10	$	14.18	$	13.16	$	12.96
Value at end of period	$	15.12	$	11.67	$	9.10	$	14.18	$	13.16
Number of accumulation units outstanding at end of period		110		110		111		111		158
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	11.74	$	10.55
Value at end of period	$	13.13	$	11.74
Number of accumulation units outstanding at end of period		1,994		2,200
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.39	$	8.47	$	13.43	$	13.28	$	11.37	$	11.12
Value at end of period	$	11.72	$	10.39	$	8.47	$	13.43	$	13.28	$	11.37
Number of accumulation units outstanding at end of period		140		491		492		893		1,046		906
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Funds were first received in this option during December 2008)
Value at beginning of period	$	10.89	$	9.07	$	8.72
Value at end of period	$	11.97	$	10.89	$	9.07
Number of accumulation units outstanding at end of period		812		898		994
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.25	$	8.43	$	12.68	$	12.60	$	11.07	$	10.87
Value at end of period	$	11.32	$	10.25	$	8.43	$	12.68	$	12.60	$	11.07
Number of accumulation units outstanding at end of period		146		147		147		557		714		568
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2003)
Value at beginning of period	$	5.86	$	4.52	$	7.42	$	7.98	$	7.39	$	8.17	$	8.26
Value at end of period	$	4.83	$	5.86	$	4.52	$	7.42	$	7.98	$	7.39	$	8.17
Number of accumulation units outstanding at end of period		1,990		1,991		1,990		1,992		1,992		1,990		2,621


		Condensed Financial Information (continued)




		Separate Account Annual Charges of 1.95%

		2010		2009		2008		2007		2006		2005		2004
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during May 2008)
Value at beginning of period	$	9.44	$	7.96	$	10.11
Value at end of period	$	10.16	$	9.44	$	7.96
Number of accumulation units outstanding at end of period		46,773		57,180		50,907
COLUMBIA SMALL CAP VALUE FUND VS
(Fund first available during September 2005)
Value at beginning of period	$	10.92	$	8.91	$	12.65	$	13.25	$	11.32	$	11.11
Value at end of period	$	13.55	$	10.92	$	8.91	$	12.65	$	13.25	$	11.32
Number of accumulation units outstanding at end of period		8,332		8,750		8,596		9,169		8,888		5,994
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.10	$	9.11	$	16.21	$	14.09	$	12.90	$	11.28	$	10.45
Value at end of period	$	13.87	$	12.10	$	9.11	$	16.21	$	14.09	$	12.90	$	11.28
Number of accumulation units outstanding at end of period		168,501		170,171		150,445		70,389		36,930		19,175		1,350
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.40	$	7.38	$	13.17	$	13.26	$	11.28	$	10.89	$	10.11
Value at end of period	$	10.59	$	9.40	$	7.38	$	13.17	$	13.26	$	11.28	$	10.89
Number of accumulation units outstanding at end of period		15,433		17,999		18,282		16,244		13,861		13,897		1,969
ING AMERICAN FUNDS ASSET ALLOCATION PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.66	$	7.16	$	10.01
Value at end of period	$	9.51	$	8.66	$	7.16
Number of accumulation units outstanding at end of period		26,741		26,071		16,315
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during February 2008)
Value at beginning of period	$	9.68	$	8.80	$	9.97
Value at end of period	$	10.07	$	9.68	$	8.80
Number of accumulation units outstanding at end of period		81,850		94,555		69,464
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	10.02	$	7.83	$	12.92	$	12.61	$	11.22	$	10.87	$	10.13
Value at end of period	$	10.90	$	10.02	$	7.83	$	12.92	$	12.61	$	11.22	$	10.87
Number of accumulation units outstanding at end of period		159,836		141,454		113,984		68,521		46,015		67,163		565
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.15	$	8.20	$	15.01	$	13.70	$	12.74	$	11.24	$	10.12
Value at end of period	$	12.91	$	11.15	$	8.20	$	15.01	$	13.70	$	12.74	$	11.24
Number of accumulation units outstanding at end of period		246,425		249,007		231,948		170,857		81,723		93,650		1,205
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	14.57	$	10.44	$	18.50	$	15.81	$	13.62	$	11.49	$	10.33
Value at end of period	$	15.24	$	14.57	$	10.44	$	18.50	$	15.81	$	13.62	$	11.49
Number of accumulation units outstanding at end of period		101,276		101,485		86,930		64,711		30,497		28,586		2,179


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING AMERICAN FUNDS WORLD ALLOCATION PORTFOLIO
(Funds were first received in this option during April 2009)
Value at beginning of period	$	13.97	$	10.69
Value at end of period	$	15.43	$	13.97
Number of accumulation units outstanding at end of period		1,434		1,520
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.73	$	10.80	$	19.54	$	17.11	$	13.51	$	11.94	$	11.56
Value at end of period	$	13.34	$	12.73	$	10.80	$	19.54	$	17.11	$	13.51	$	11.94
Number of accumulation units outstanding at end of period		23,468		32,053		36,640		33,604		15,111		12,212		450
ING BALANCED PORTFOLIO
Value at beginning of period	$	8.84	$	7.58	$	10.78	$	10.44
Value at end of period	$	9.86	$	8.84	$	7.58	$	10.78
Number of accumulation units outstanding at end of period		2,997		2,995		2,920		3,761
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	9.84	$	7.42	$	12.89	$	12.39	$	10.96	$	10.52
Value at end of period	$	12.21	$	9.84	$	7.42	$	12.89	$	12.39	$	10.96
Number of accumulation units outstanding at end of period		73,727		50,306		40,637		16,201		14,573		7,892
ING BLACKROCK INFLATION PROTECTED BOND PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	10.54	$	10.03
Value at end of period	$	10.91	$	10.54
Number of accumulation units outstanding at end of period		23,369		40,111
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.72	$	7.61	$	12.74	$	12.17	$	11.59	$	10.87
Value at end of period	$	10.81	$	9.72	$	7.61	$	12.74	$	12.17	$	11.59
Number of accumulation units outstanding at end of period		11,023		10,345		8,468		5,474		192		194
ING BLACKROCK LARGE CAP VALUE PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	9.12	$	8.24	$	13.00	$	12.71	$	11.43
Value at end of period	$	9.93	$	9.12	$	8.24	$	13.00	$	12.71
Number of accumulation units outstanding at end of period		662		665		2,052		2,014		1,383
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.69	$	6.48	$	9.99
Value at end of period	$	11.23	$	9.69	$	6.48
Number of accumulation units outstanding at end of period		50,067		31,724		37,329
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Fund first available during January 2007)
Value at beginning of period	$	9.29	$	7.10	$	12.34	$	13.90
Value at end of period	$	10.57	$	9.29	$	7.10	$	12.34
Number of accumulation units outstanding at end of period		19,258		23,035		23,106		7,893
ING CLARION REAL ESTATE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	11.86	$	8.90	$	14.77	$	18.31	$	13.57	$	11.85	$	10.79
Value at end of period	$	14.89	$	11.86	$	8.90	$	14.77	$	18.31	$	13.57	$	11.85
Number of accumulation units outstanding at end of period		24,724		28,196		24,967		24,476		11,307		9,696		1,991


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Funds were first received in this option during August 2007)
Value at beginning of period	$	7.99	$	6.54	$	10.11	$	10.12
Value at end of period	$	9.82	$	7.99	$	6.54	$	10.11
Number of accumulation units outstanding at end of period		26,156		28,857		26,915		3,275
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Fund first available during December 2006)
Value at beginning of period	$	8.69	$	6.73	$	11.29	$	11.06	$	9.91
Value at end of period	$	9.54	$	8.69	$	6.73	$	11.29	$	11.06
Number of accumulation units outstanding at end of period		29,057		41,819		46,883		11,531		6,897
ING DFA WORLD EQUITY PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	6.62	$	5.54	$	9.38
Value at end of period	$	8.10	$	6.62	$	5.54
Number of accumulation units outstanding at end of period		545		4,248		353
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	12.01	$	8.80	$	14.74	$	13.14	$	11.97	$	11.45
Value at end of period	$	15.11	$	12.01	$	8.80	$	14.74	$	13.14	$	11.97
Number of accumulation units outstanding at end of period		29,340		34,153		32,504		12,281		5,700		5,245
ING FRANKLIN INCOME PORTFOLIO
(Fund first available during October 2006)
Value at beginning of period	$	9.84	$	7.60	$	10.96	$	10.88	$	10.51
Value at end of period	$	10.90	$	9.84	$	7.60	$	10.96	$	10.88
Number of accumulation units outstanding at end of period		72,615		66,231		56,147		23,365		460
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	8.96	$	7.22	$	11.84	$	12.84
Value at end of period	$	9.80	$	8.96	$	7.22	$	11.84
Number of accumulation units outstanding at end of period		9,624		10,477		9,955		8,272
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.71	$	6.03	$	9.57	$	10.10
Value at end of period	$	8.37	$	7.71	$	6.03	$	9.57
Number of accumulation units outstanding at end of period		96,574		104,672		81,079		34,315
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	16.17	$	11.99	$	20.73	$	15.87	$	13.33	$	11.21
Value at end of period	$	19.29	$	16.17	$	11.99	$	20.73	$	15.87	$	13.33
Number of accumulation units outstanding at end of period		46,662		49,247		47,914		10,111		1,770		291
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	7.73	$	6.06	$	8.40
Value at end of period	$	8.63	$	7.73	$	6.06
Number of accumulation units outstanding at end of period		23,713		25,334		146
ING HANG SENG INDEX PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	12.91	$	11.06
Value at end of period	$	13.61	$	12.91
Number of accumulation units outstanding at end of period		5,995		5,063


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.63	$	7.98	$	13.01	$	12.66	$	11.30	$	10.96	$	10.21
Value at end of period	$	10.73	$	9.63	$	7.98	$	13.01	$	12.66	$	11.30	$	10.96
Number of accumulation units outstanding at end of period		8,859		9,150		12,041		11,820		10,617		9,284		2,182
ING INDEX PLUS MIDCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.77	$	8.35	$	13.68	$	13.26	$	12.39	$	11.40	$	10.26
Value at end of period	$	12.83	$	10.77	$	8.35	$	13.68	$	13.26	$	12.39	$	11.40
Number of accumulation units outstanding at end of period		15,040		15,535		18,852		19,406		17,362		12,724		2
ING INDEX PLUS SMALLCAP PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.99	$	8.18	$	12.58	$	13.72	$	12.33	$	11.71	$	10.46
Value at end of period	$	11.99	$	9.99	$	8.18	$	12.58	$	13.72	$	12.33	$	11.71
Number of accumulation units outstanding at end of period		2,906		3,099		4,598		6,392		5,528		4,559		1,902
ING INTERMEDIATE BOND PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.37	$	9.50	$	10.61	$	10.24	$	10.06	$	10.07
Value at end of period	$	11.13	$	10.37	$	9.50	$	10.61	$	10.24	$	10.06
Number of accumulation units outstanding at end of period		108,385		99,829		82,691		20,190		4,094		2,553
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	7.55	$	6.04	$	9.52
Value at end of period	$	7.97	$	7.55	$	6.04
Number of accumulation units outstanding at end of period		3,689		3,669		3,847
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.88	$	9.63	$	19.25	$	16.24	$	13.46	$	11.80
Value at end of period	$	14.39	$	12.88	$	9.63	$	19.25	$	16.24	$	13.46
Number of accumulation units outstanding at end of period		14,570		16,468		21,711		15,884		487		42
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	19.87	$	11.81	$	24.72	$	18.21	$	13.67	$	10.50
Value at end of period	$	23.44	$	19.87	$	11.81	$	24.72	$	18.21	$	13.67
Number of accumulation units outstanding at end of period		36,289		39,776		39,218		21,548		3,608		6,864
ING JPMORGAN MID CAP VALUE PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.02	$	8.94	$	13.62	$	13.58	$	11.88	$	11.17	$	10.38
Value at end of period	$	13.28	$	11.02	$	8.94	$	13.62	$	13.58	$	11.88	$	11.17
Number of accumulation units outstanding at end of period		8,253		10,124		2,944		1,765		1,729		1,746		124
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.37	$	9.10	$	13.25	$	13.75	$	12.03	$	11.83	$	10.64
Value at end of period	$	14.12	$	11.37	$	9.10	$	13.25	$	13.75	$	12.03	$	11.83
Number of accumulation units outstanding at end of period		15,769		20,343		19,353		19,463		17,788		19,006		38
ING LARGE CAP GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	12.90	$	9.24	$	13.01	$	11.88	$	11.48	$	10.29
Value at end of period	$	14.46	$	12.90	$	9.24	$	13.01	$	11.88	$	11.48
Number of accumulation units outstanding at end of period		13,887		6,521		61		61		62		1,033


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	9.61	$	7.42	$	12.48	$	12.98	$	12.03	$	11.03	$	9.99
Value at end of period	$	11.69	$	9.61	$	7.42	$	12.48	$	12.98	$	12.03	$	11.03
Number of accumulation units outstanding at end of period		4,539		4,804		4,817		4,898		3,847		4,480		382
ING LIQUID ASSETS PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.49	$	10.67	$	10.62	$	10.32	$	10.06	$	9.98	$	9.99
Value at end of period	$	10.29	$	10.49	$	10.67	$	10.62	$	10.32	$	10.06	$	9.98
Number of accumulation units outstanding at end of period		158,086		192,945		298,444		112,965		171,907		23,926		9,833
ING MARSICO GROWTH PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.38	$	8.21	$	14.02	$	12.53	$	12.17	$	11.40
Value at end of period	$	12.20	$	10.38	$	8.21	$	14.02	$	12.53	$	12.17
Number of accumulation units outstanding at end of period		21,415		12,003		10,198		11,550		12,535		10,016
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Fund first available during September 2005)
Value at beginning of period	$	11.88	$	8.80	$	17.78	$	15.04	$	12.37	$	11.19
Value at end of period	$	13.25	$	11.88	$	8.80	$	17.78	$	15.04	$	12.37
Number of accumulation units outstanding at end of period		11,658		16,095		21,344		7,578		1,874		2,313
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.67	$	9.23	$	12.12	$	11.88	$	10.83	$	10.73	$	10.07
Value at end of period	$	11.49	$	10.67	$	9.23	$	12.12	$	11.88	$	10.83	$	10.73
Number of accumulation units outstanding at end of period		66,719		72,257		67,211		32,684		28,833		29,106		7,039
ING MFS UTILITIES PORTFOLIO
(Fund first available during August 2005)
Value at beginning of period	$	14.46	$	11.11	$	18.19	$	14.56	$	11.35	$	11.14
Value at end of period	$	16.12	$	14.46	$	11.11	$	18.19	$	14.56	$	11.35
Number of accumulation units outstanding at end of period		28,376		32,280		31,595		23,277		9,178		9,115
ING MIDCAP OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.92	$	6.45	$	10.02
Value at end of period	$	11.37	$	8.92	$	6.45
Number of accumulation units outstanding at end of period		6,956		18,595		14,490
ING MORGAN STANLEY GLOBAL FRANCHISE PORTFOLIO
(Fund first available during November 2005)
Value at beginning of period	$	12.02	$	9.51	$	13.58	$	12.62	$	10.61	$	10.34
Value at end of period	$	13.42	$	12.02	$	9.51	$	13.58	$	12.62	$	10.61
Number of accumulation units outstanding at end of period		22,613		29,844		26,358		22,318		6,966		5,004
ING MORGAN STANLEY GLOBAL TACTICAL ASSET ALLOCATION
PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	12.28	$	10.98
Value at end of period	$	12.96	$	12.28
Number of accumulation units outstanding at end of period		1,295		687
ING OPPENHEIMER ACTIVE ALLOCATION PORTFOLIO
(Funds were first received in this option during November 2009)
Value at beginning of period	$	13.33	$	13.05
Value at end of period	$	14.91	$	13.33
Number of accumulation units outstanding at end of period		1,265		624


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS I)
(Fund first available during May 2003)
Value at beginning of period	$	11.58	$	8.46	$	14.45	$	13.83	$	11.96	$	10.06
Value at end of period	$	13.17	$	11.58	$	8.46	$	14.45	$	13.83	$	11.96
Number of accumulation units outstanding at end of period		1,611		1,622		1,672		1,694		1,731		1,796
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	12.41	$	9.08	$	15.57	$	14.93	$	12.95	$	11.66	$	11.42
Value at end of period	$	14.09	$	12.41	$	9.08	$	15.57	$	14.93	$	12.95	$	11.66
Number of accumulation units outstanding at end of period		37,150		39,987		44,537		41,585		25,302		18,154		4
ING PIMCO HIGH YIELD PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.86	$	8.78	$	11.56	$	11.46	$	10.73	$	10.49	$	10.46
Value at end of period	$	14.41	$	12.86	$	8.78	$	11.56	$	11.46	$	10.73	$	10.49
Number of accumulation units outstanding at end of period		48,884		44,081		47,575		46,747		18,033		13,314		994
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.75	$	11.36	$	11.12	$	10.41	$	10.17	$	10.12	$	10.07
Value at end of period	$	13.46	$	12.75	$	11.36	$	11.12	$	10.41	$	10.17	$	10.12
Number of accumulation units outstanding at end of period		354,262		299,566		251,258		42,736		21,768		17,455		5,993
ING PIONEER FUND PORTFOLIO (CLASS S)
(Fund first available during May 2005)
Value at beginning of period	$	10.05	$	8.26	$	12.90	$	12.52	$	10.94	$	10.11
Value at end of period	$	11.42	$	10.05	$	8.26	$	12.90	$	12.52	$	10.94
Number of accumulation units outstanding at end of period		544		542		504		483		55		102
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.96	$	8.11	$	12.37	$	11.96	$	10.86	$	10.36
Value at end of period	$	11.51	$	9.96	$	8.11	$	12.37	$	11.96	$	10.86
Number of accumulation units outstanding at end of period		34,499		47,737		39,531		25,790		25,216		22,987
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.31	$	8.25
Value at end of period	$	8.78	$	8.31
Number of accumulation units outstanding at end of period		23,372		1,552
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.36	$	9.21
Value at end of period	$	10.25	$	9.36
Number of accumulation units outstanding at end of period		307,512		295,045
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.62	$	9.49
Value at end of period	$	10.47	$	9.62
Number of accumulation units outstanding at end of period		375,200		393,638
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.85	$	9.75
Value at end of period	$	10.58	$	9.85
Number of accumulation units outstanding at end of period		163,848		182,135


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.64	$	10.83
Value at end of period	$	13.94	$	12.64
Number of accumulation units outstanding at end of period		2,004		3,015
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during February 2009)
Value at beginning of period	$	8.09	$	5.84
Value at end of period	$	8.89	$	8.09
Number of accumulation units outstanding at end of period		42,461		43,807
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.46	$	10.63
Value at end of period	$	13.58	$	12.46
Number of accumulation units outstanding at end of period		2,833		2,795
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	12.94	$	10.82
Value at end of period	$	15.97	$	12.94
Number of accumulation units outstanding at end of period		8,617		9,184
ING RUSSELL^TMMID CAP INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.36	$	6.11	$	10.11
Value at end of period	$	10.24	$	8.36	$	6.11
Number of accumulation units outstanding at end of period		3,483		3,505		5,947
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	8.60	$	6.94	$	10.21
Value at end of period	$	10.63	$	8.60	$	6.94
Number of accumulation units outstanding at end of period		9,037		12,851		11,998
ING SMALLCAP OPPORTUNITIES PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.64	$	9.08	$	14.16	$	13.15	$	11.94	$	11.33
Value at end of period	$	15.07	$	11.64	$	9.08	$	14.16	$	13.15	$	11.94
Number of accumulation units outstanding at end of period		4,809		4,871		4,851		4,999		5,033		9,557
ING SMALL COMPANY PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.88	$	7.12	$	10.18
Value at end of period	$	10.80	$	8.88	$	7.12
Number of accumulation units outstanding at end of period		9,438		19,512		15,090
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.71	$	8.96	$	12.61	$	12.32	$	10.96	$	10.65
Value at end of period	$	13.09	$	11.71	$	8.96	$	12.61	$	12.32	$	10.96
Number of accumulation units outstanding at end of period		155,345		149,934		146,473		79,547		38,700		14,985
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.22	$	8.34	$	13.23	$	13.09	$	11.21	$	11.02
Value at end of period	$	11.52	$	10.22	$	8.34	$	13.23	$	13.09	$	11.21
Number of accumulation units outstanding at end of period		29,183		28,261		24,787		18,866		18,406		17,281


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING T. ROWE PRICE GROWTH EQUITY PORTFOLIO
(Funds were first received in this option during September 2007)
Value at beginning of period	$	8.01	$	5.73	$	10.14	$	10.39
Value at end of period	$	9.16	$	8.01	$	5.73	$	10.14
Number of accumulation units outstanding at end of period		33,557		25,388		6,525		422
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Fund first available during January 2007)
Value at beginning of period	$	9.47	$	7.33	$	12.59	$	11.15
Value at end of period	$	10.09	$	9.47	$	7.33	$	12.59
Number of accumulation units outstanding at end of period		41,310		29,542		24,304		4,263
ING TEMPLETON GLOBAL GROWTH PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	10.55	$	8.13	$	13.75	$	13.69	$	11.79
Value at end of period	$	11.14	$	10.55	$	8.13	$	13.75	$	13.69
Number of accumulation units outstanding at end of period		9,256		9,237		7,561		1,825		559
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during September 2008)
Value at beginning of period	$	10.51	$	10.16	$	9.96
Value at end of period	$	10.92	$	10.51	$	10.16
Number of accumulation units outstanding at end of period		18,039		11,669		1,075
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.00	$	7.75	$	13.18	$	13.32	$	11.88	$	11.05
Value at end of period	$	11.09	$	10.00	$	7.75	$	13.18	$	13.32	$	11.88
Number of accumulation units outstanding at end of period		1,963		1,967		2,060		2,024		2,772		1,350
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.65	$	7.65	$	12.29	$	12.83	$	11.29	$	11.13	$	10.34
Value at end of period	$	10.89	$	9.65	$	7.65	$	12.29	$	12.83	$	11.29	$	11.13
Number of accumulation units outstanding at end of period		50,759		64,213		56,759		45,110		31,012		20,154		43
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.86	$	9.05	$	12.07	$	11.92	$	10.82	$	10.65
Value at end of period	$	11.93	$	10.86	$	9.05	$	12.07	$	11.92	$	10.82
Number of accumulation units outstanding at end of period		53,561		40,768		38,316		8,253		3,906		1,947
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.23	$	8.42	$	12.66	$	12.59	$	11.07	$	10.67
Value at end of period	$	11.28	$	10.23	$	8.42	$	12.66	$	12.59	$	11.07
Number of accumulation units outstanding at end of period		5,890		4,153		3,694		3,633		4,060		406
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	11.43	$	9.70	$	13.88	$	13.04	$	11.68	$	10.78	$	10.47
Value at end of period	$	11.99	$	11.43	$	9.70	$	13.88	$	13.04	$	11.68	$	10.78
Number of accumulation units outstanding at end of period		17,952		19,643		20,618		12,131		3,811		4,500		497
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	7.70	$	6.05	$	10.34
Value at end of period	$	8.00	$	7.70	$	6.05
Number of accumulation units outstanding at end of period		47,074		43,491		10,049


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
INVESCO V.I. LEISURE FUND
(Fund first available during May 2003)
Value at beginning of period	$	9.91	$	7.61	$	13.63	$	14.01	$	11.47	$	11.70
Value at end of period	$	11.84	$	9.91	$	7.61	$	13.63	$	14.01	$	11.47
Number of accumulation units outstanding at end of period		5,447		6,978		7,062		6,743		6,942		7,494
PROFUND VP EUROPE 30
(Fund first available during May 2003)
Value at beginning of period	$	11.05	$	8.52	$	15.52	$	13.81	$	11.99	$	11.31	$	10.57
Value at end of period	$	11.12	$	11.05	$	8.52	$	15.52	$	13.81	$	11.99	$	11.31
Number of accumulation units outstanding at end of period		1,889		2,688		2,688		2,688		2,689		2,708		38
PROFUND VP RISING RATES OPPORTUNITY
(Fund first available during September 2003)
Value at beginning of period	$	6.73	$	5.19	$	8.54	$	9.19	$	8.51	$	9.42	$	9.62
Value at end of period	$	5.54	$	6.73	$	5.19	$	8.54	$	9.19	$	8.51	$	9.42
Number of accumulation units outstanding at end of period		13,030		11,772		12,291		13,137		12,579		10,503		794



		Separate Account Annual Charges of 2.10%

		2010		2009		2008		2007		2006		2005		2004
BLACKROCK GLOBAL ALLOCATION V.I. FUND
(Funds were first received in this option during September 2008)
Value at beginning of period	$	9.41	$	7.95	$	9.11
Value at end of period	$	10.11	$	9.41	$	7.95
Number of accumulation units outstanding at end of period		2,613		3,273		2,087
FIDELITY® VIP CONTRAFUND® PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	12.00	$	9.05	$	16.13	$	14.04	$	12.87	$	11.27	$	11.03
Value at end of period	$	13.74	$	12.00	$	9.05	$	16.13	$	14.04	$	12.87	$	11.27
Number of accumulation units outstanding at end of period		4,642		4,919		5,528		5,426		2,689		925		138
FIDELITY® VIP EQUITY-INCOME PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.32	$	7.33	$	13.10	$	13.21	$	11.25	$	10.92
Value at end of period	$	10.49	$	9.32	$	7.33	$	13.10	$	13.21	$	11.25
Number of accumulation units outstanding at end of period		2,773		2,874		2,953		1,735		1,468		791
ING AMERICAN FUNDS BOND PORTFOLIO
(Funds were first received in this option during February 2008)
Value at beginning of period	$	9.65	$	8.79	$	10.01
Value at end of period	$	10.02	$	9.65	$	8.79
Number of accumulation units outstanding at end of period		9,127		8,877		5,198
ING AMERICAN FUNDS GROWTH-INCOME PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	9.94	$	7.78	$	12.86	$	12.57	$	11.20	$	10.86	$	10.64
Value at end of period	$	10.79	$	9.94	$	7.78	$	12.86	$	12.57	$	11.20	$	10.86
Number of accumulation units outstanding at end of period		14,779		16,185		12,582		9,576		4,148		959		143


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005		2004
ING AMERICAN FUNDS GROWTH PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	11.06	$	8.14	$	14.93	$	13.65	$	12.71	$	11.23	$	10.90
Value at end of period	$	12.78	$	11.06	$	8.14	$	14.93	$	13.65	$	12.71	$	11.23
Number of accumulation units outstanding at end of period		85,996		87,630		90,878		90,235		4,612		1,046		420
ING AMERICAN FUNDS INTERNATIONAL PORTFOLIO
(Fund first available during September 2003)
Value at beginning of period	$	14.45	$	10.37	$	18.41	$	15.75	$	13.59	$	11.59
Value at end of period	$	15.09	$	14.45	$	10.37	$	18.41	$	15.75	$	13.59
Number of accumulation units outstanding at end of period		8,400		7,563		7,898		8,465		4,059		885
ING ARTIO FOREIGN PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	12.63	$	10.73	$	19.44	$	17.05	$	14.13
Value at end of period	$	13.21	$	12.63	$	10.73	$	19.44	$	17.05
Number of accumulation units outstanding at end of period		7,509		4,928		5,688		4,038		618
ING BARON SMALL CAP GROWTH PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	9.77	$	7.38	$	12.83	$	12.36	$	11.57
Value at end of period	$	12.10	$	9.77	$	7.38	$	12.83	$	12.36
Number of accumulation units outstanding at end of period		2,512		3,093		3,615		2,189		548
ING BLACKROCK INFLATION PROTECTED BOND PORTFOLIO
(Funds were first received in this option during June 2009)
Value at beginning of period	$	10.53	$	10.01
Value at end of period	$	10.88	$	10.53
Number of accumulation units outstanding at end of period		1,413		1,421
ING BLACKROCK LARGE CAP GROWTH PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.65	$	7.57	$	12.69	$	13.12
Value at end of period	$	10.71	$	9.65	$	7.57	$	12.69
Number of accumulation units outstanding at end of period		3,940		4,093		4,010		771
ING BLACKROCK SCIENCE AND TECHNOLOGY OPPORTUNITIES
PORTFOLIO
(Funds were first received in this option during April 2008)
Value at beginning of period	$	9.67	$	6.47	$	9.99
Value at end of period	$	11.18	$	9.67	$	6.47
Number of accumulation units outstanding at end of period		3,398		3,161		1,455
ING CLARION GLOBAL REAL ESTATE PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	9.24	$	7.08	$	12.30	$	14.45
Value at end of period	$	10.50	$	9.24	$	7.08	$	12.30
Number of accumulation units outstanding at end of period		3,776		3,831		4,154		1,411
ING CLARION REAL ESTATE PORTFOLIO
Value at beginning of period	$	11.76	$	8.84	$	14.69	$	18.25
Value at end of period	$	14.74	$	11.76	$	8.84	$	14.69
Number of accumulation units outstanding at end of period		485		536		551		545
ING COLUMBIA SMALL CAP VALUE PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.95	$	6.51	$	10.09	$	10.68
Value at end of period	$	9.75	$	7.95	$	6.51	$	10.09
Number of accumulation units outstanding at end of period		916		964		939		967


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006	2005	2004
ING DAVIS NEW YORK VENTURE PORTFOLIO
(Funds were first received in this option during February 2007)
Value at beginning of period	$	8.63	$	6.70	$	11.26	$	11.31
Value at end of period	$	9.47	$	8.63	$	6.70	$	11.26
Number of accumulation units outstanding at end of period		8,564		8,374		8,370		3,580
ING FMR^SMDIVERSIFIED MID CAP PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	11.92	$	8.75	$	14.68	$	14.13
Value at end of period	$	14.98	$	11.92	$	8.75	$	14.68
Number of accumulation units outstanding at end of period		1,682		1,791		1,718		2,576
ING FRANKLIN INCOME PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.78	$	7.57	$	10.93	$	11.46
Value at end of period	$	10.82	$	9.78	$	7.57	$	10.93
Number of accumulation units outstanding at end of period		2,028		976		267		15,862
ING FRANKLIN MUTUAL SHARES PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	8.93	$	7.21	$	11.83	$	12.53
Value at end of period	$	9.75	$	8.93	$	7.21	$	11.83
Number of accumulation units outstanding at end of period		1,015		1,063		1,686		1,785
ING FRANKLIN TEMPLETON FOUNDING STRATEGY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	7.68	$	6.02	$	9.56	$	10.19
Value at end of period	$	8.33	$	7.68	$	6.02	$	9.56
Number of accumulation units outstanding at end of period		2,729		3,153		2,306		2,267
ING GLOBAL RESOURCES PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	16.06	$	11.93	$	20.65	$	15.83	$	13.98
Value at end of period	$	19.12	$	16.06	$	11.93	$	20.65	$	15.83
Number of accumulation units outstanding at end of period		2,717		4,702		3,225		1,360		449
ING GROWTH AND INCOME PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	7.71	$	7.03
Value at end of period	$	8.59	$	7.71
Number of accumulation units outstanding at end of period		5,505		5,621
ING HANG SENG INDEX PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	12.90	$	13.22
Value at end of period	$	13.58	$	12.90
Number of accumulation units outstanding at end of period		230		231
ING INDEX PLUS LARGECAP PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	9.55	$	7.93	$	12.94	$	12.62	$	11.65
Value at end of period	$	10.62	$	9.55	$	7.93	$	12.94	$	12.62
Number of accumulation units outstanding at end of period		74		75		75		75		75
ING INDEX PLUS MIDCAP PORTFOLIO
Value at beginning of period	$	10.68	$	8.30	$	13.61	$	13.21
Value at end of period	$	12.71	$	10.68	$	8.30	$	13.61
Number of accumulation units outstanding at end of period		1,079		1,188		1,197		1,368


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING INDEX PLUS SMALLCAP PORTFOLIO
Value at beginning of period	$	9.90	$	8.13	$	12.51	$	13.67
Value at end of period	$	11.88	$	9.90	$	8.13	$	12.51
Number of accumulation units outstanding at end of period		670		671		672		68
ING INTERMEDIATE BOND PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	10.29	$	9.45	$	10.57	$	10.18
Value at end of period	$	11.04	$	10.29	$	9.45	$	10.57
Number of accumulation units outstanding at end of period		3,972		4,304		4,170		2,491
ING INTERNATIONAL INDEX PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	7.53	$	5.71
Value at end of period	$	7.93	$	7.53
Number of accumulation units outstanding at end of period		158		152
ING JANUS CONTRARIAN PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	12.78	$	9.56	$	19.15	$	16.18	$	14.03
Value at end of period	$	14.26	$	12.78	$	9.56	$	19.15	$	16.18
Number of accumulation units outstanding at end of period		579		581		1,109		251		452
ING JPMORGAN EMERGING MARKETS EQUITY PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	19.73	$	11.75	$	24.62	$	18.16	$	14.54
Value at end of period	$	23.23	$	19.73	$	11.75	$	24.62	$	18.16
Number of accumulation units outstanding at end of period		2,051		2,108		2,235		2,483		449
ING JPMORGAN SMALL CAP CORE EQUITY PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	11.27	$	9.04	$	13.19	$	13.70	$	12.00	$	11.49
Value at end of period	$	13.99	$	11.27	$	9.04	$	13.19	$	13.70	$	12.00
Number of accumulation units outstanding at end of period		4,997		5,373		5,335		4,846		3,681		1,562
ING LARGE CAP GROWTH PORTFOLIO
(Funds were first received in this option during March 2010)
Value at beginning of period	$	13.08
Value at end of period	$	14.32
Number of accumulation units outstanding at end of period		249
ING LEGG MASON CLEARBRIDGE AGGRESSIVE GROWTH PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	9.53	$	7.37	$	12.42	$	13.66
Value at end of period	$	11.58	$	9.53	$	7.37	$	12.42
Number of accumulation units outstanding at end of period		369		399		394		380
ING LIQUID ASSETS PORTFOLIO
(Funds were first received in this option during May 2008)
Value at beginning of period	$	10.41	$	10.60	$	10.61
Value at end of period	$	10.19	$	10.41	$	10.60
Number of accumulation units outstanding at end of period		1,354		2,840		19,925
ING MARSICO GROWTH PORTFOLIO
(Funds were first received in this option during September 2007)
Value at beginning of period	$	10.29	$	8.15	$	13.95	$	13.99
Value at end of period	$	12.08	$	10.29	$	8.15	$	13.95
Number of accumulation units outstanding at end of period		263		363		367		371


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING MARSICO INTERNATIONAL OPPORTUNITIES PORTFOLIO
(Funds were first received in this option during March 2008)
Value at beginning of period	$	11.79	$	8.75	$	15.14
Value at end of period	$	13.14	$	11.79	$	8.75
Number of accumulation units outstanding at end of period		230		243		892
ING MFS TOTAL RETURN PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	10.58	$	9.17	$	12.06	$	11.84	$	10.81	$	10.70
Value at end of period	$	11.38	$	10.58	$	9.17	$	12.06	$	11.84	$	10.81
Number of accumulation units outstanding at end of period		7,456		7,162		4,896		2,391		2,040		1,148
ING MFS UTILITIES PORTFOLIO
(Fund first available during February 2006)
Value at beginning of period	$	14.36	$	11.05	$	18.11	$	14.53	$	11.73
Value at end of period	$	15.98	$	14.36	$	11.05	$	18.11	$	14.53
Number of accumulation units outstanding at end of period		2,919		2,850		3,369		2,890		535
ING OPPENHEIMER GLOBAL PORTFOLIO (CLASS S)
(Fund first available during May 2003)
Value at beginning of period	$	12.31	$	9.02	$	15.49	$	14.88	$	12.92	$	11.75
Value at end of period	$	13.96	$	12.31	$	9.02	$	15.49	$	14.88	$	12.92
Number of accumulation units outstanding at end of period		4,560		4,851		4,534		4,291		1,968		813
ING PIMCO HIGH YIELD PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	12.76	$	8.72	$	11.50	$	11.79
Value at end of period	$	14.27	$	12.76	$	8.72	$	11.50
Number of accumulation units outstanding at end of period		708		905		961		1,827
ING PIMCO TOTAL RETURN BOND PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	12.64	$	11.29	$	11.06	$	10.31
Value at end of period	$	13.33	$	12.64	$	11.29	$	11.06
Number of accumulation units outstanding at end of period		17,189		15,268		11,396		2,841
ING PIONEER MID CAP VALUE PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	9.88	$	8.07	$	12.32	$	11.93	$	10.84	$	10.82
Value at end of period	$	11.41	$	9.88	$	8.07	$	12.32	$	11.93	$	10.84
Number of accumulation units outstanding at end of period		3,478		3,510		3,309		3,370		3,318		1,743
ING RETIREMENT CONSERVATIVE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	8.30	$	8.24
Value at end of period	$	8.77	$	8.30
Number of accumulation units outstanding at end of period		311		299
ING RETIREMENT GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.36	$	9.21
Value at end of period	$	10.23	$	9.36
Number of accumulation units outstanding at end of period		24,169		24,574
ING RETIREMENT MODERATE GROWTH PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.62	$	9.49
Value at end of period	$	10.45	$	9.62
Number of accumulation units outstanding at end of period		9,791		9,766


		Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING RETIREMENT MODERATE PORTFOLIO
(Funds were first received in this option during October 2009)
Value at beginning of period	$	9.85	$	9.75
Value at end of period	$	10.56	$	9.85
Number of accumulation units outstanding at end of period		56,432		54,373
ING RUSSELL^TMLARGE CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.62	$	10.82
Value at end of period	$	13.90	$	12.62
Number of accumulation units outstanding at end of period		366		358
ING RUSSELL^TMLARGE CAP INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	8.07	$	6.90
Value at end of period	$	8.85	$	8.07
Number of accumulation units outstanding at end of period		4,591		4,733
ING RUSSELL^TMLARGE CAP VALUE INDEX PORTFOLIO
(Funds were first received in this option during July 2009)
Value at beginning of period	$	12.45	$	10.62
Value at end of period	$	13.54	$	12.45
Number of accumulation units outstanding at end of period		778		552
ING RUSSELL^TMMID CAP GROWTH INDEX PORTFOLIO
(Funds were first received in this option during August 2009)
Value at beginning of period	$	12.93	$	11.54
Value at end of period	$	15.93	$	12.93
Number of accumulation units outstanding at end of period		959		1,046
ING RUSSELL^TMSMALL CAP INDEX PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.58	$	6.93	$	10.00
Value at end of period	$	10.59	$	8.58	$	6.93
Number of accumulation units outstanding at end of period		0		0		665
ING SMALL COMPANY PORTFOLIO
(Funds were first received in this option during June 2008)
Value at beginning of period	$	8.86	$	7.11	$	10.11
Value at end of period	$	10.76	$	8.86	$	7.11
Number of accumulation units outstanding at end of period		909		618		383
ING T. ROWE PRICE CAPITAL APPRECIATION PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	11.62	$	8.91	$	12.56	$	12.29	$	10.95	$	10.64
Value at end of period	$	12.98	$	11.62	$	8.91	$	12.56	$	12.29	$	10.95
Number of accumulation units outstanding at end of period		9,219		9,101		5,703		2,985		2,156		912
ING T. ROWE PRICE EQUITY INCOME PORTFOLIO
(Fund first available during May 2004)
Value at beginning of period	$	10.14	$	8.29	$	13.16	$	13.05	$	11.19	$	10.99
Value at end of period	$	11.41	$	10.14	$	8.29	$	13.16	$	13.05	$	11.19
Number of accumulation units outstanding at end of period		3,781		5,965		2,852		1,995		385		105
ING T. ROWE PRICE GROWTH EQUITY PORTFOLIO
(Funds were first received in this option during June 2007)
Value at beginning of period	$	7.98	$	5.71	$	10.12	$	10.29
Value at end of period	$	9.10	$	7.98	$	5.71	$	10.12
Number of accumulation units outstanding at end of period		3,537		3,233		2,850		2,772


Condensed Financial Information (continued)



		2010		2009		2008		2007		2006		2005	2004
ING TEMPLETON FOREIGN EQUITY PORTFOLIO
(Funds were first received in this option during May 2007)
Value at beginning of period	$	9.42	$	7.30	$	12.55	$	12.20
Value at end of period	$	10.02	$	9.42	$	7.30	$	12.55
Number of accumulation units outstanding at end of period		1,138		1,178		1,226		392
ING TEMPLETON GLOBAL GROWTH PORTFOLIO (CLASS S)
(Funds were first received in this option during June 2007)
Value at beginning of period	$	10.47	$	8.09	$	13.69	$	14.69
Value at end of period	$	11.05	$	10.47	$	8.09	$	13.69
Number of accumulation units outstanding at end of period		1,868		2,135		2,030		1,298
ING U.S. BOND INDEX PORTFOLIO
(Funds were first received in this option during May 2009)
Value at beginning of period	$	10.48	$	10.15
Value at end of period	$	10.87	$	10.48
Number of accumulation units outstanding at end of period		222		213
ING UBS U.S. LARGE CAP EQUITY PORTFOLIO
(Fund first available during January 2006)
Value at beginning of period	$	9.92	$	7.70	$	13.12	$	13.28	$	12.17
Value at end of period	$	10.98	$	9.92	$	7.70	$	13.12	$	13.28
Number of accumulation units outstanding at end of period		36		36		36		36		36
ING VAN KAMPEN COMSTOCK PORTFOLIO
(Fund first available during May 2003)
Value at beginning of period	$	9.57	$	7.60	$	12.23	$	12.78	$	11.27	$	11.05
Value at end of period	$	10.78	$	9.57	$	7.60	$	12.23	$	12.78	$	11.27
Number of accumulation units outstanding at end of period		5,345		5,419		5,449		5,434		3,025		797
ING VAN KAMPEN EQUITY AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.78	$	9.00	$	12.02	$	11.89	$	10.81	$	10.86
Value at end of period	$	11.82	$	10.78	$	9.00	$	12.02	$	11.89	$	10.81
Number of accumulation units outstanding at end of period		3,638		3,658		3,362		109		110		109
ING VAN KAMPEN GROWTH AND INCOME PORTFOLIO
(Fund first available during May 2005)
Value at beginning of period	$	10.15	$	8.37	$	12.61	$	12.56	$	11.06	$	10.78
Value at end of period	$	11.18	$	10.15	$	8.37	$	12.61	$	12.56	$	11.06
Number of accumulation units outstanding at end of period		1,785		891		201		203		728		170
ING WELLS FARGO HEALTH CARE PORTFOLIO
(Funds were first received in this option during November 2008)
Value at beginning of period	$	11.33	$	9.64	$	8.71
Value at end of period	$	11.87	$	11.33	$	9.64
Number of accumulation units outstanding at end of period		241		242		211
ING WISDOM TREE^SMGLOBAL HIGH-YIELDING EQUITY INDEX
PORTFOLIO
(Funds were first received in this option during February 2008)
Value at beginning of period	$	7.68	$	6.04	$	9.65
Value at end of period	$	7.96	$	7.68	$	6.04
Number of accumulation units outstanding at end of period		1,583		1,595		1,607
INVESCO V.I. LEISURE FUND
(Fund first available during May 2003)
Value at beginning of period	$	9.83	$	7.56	$	13.56	$	13.96	$	11.44	$	11.71
Value at end of period	$	11.73	$	9.83	$	7.56	$	13.56	$	13.96	$	11.44
Number of accumulation units outstanding at end of period		1,884		1,968		2,072		1,735		1,934		1,026


ITEM 24:		FINANCIAL STATEMENTS AND EXHIBITS

Financial Statements:
(a)(1)		Included in Part A:
		Condensed Financial Information
(2)		Included in Part B:
	Statutory Basis Financial Statements of ReliaStar Life Insurance Company of New York:
-		Report of Independent Registered Public Accounting Firm
-		Balance Sheets – Statutory Basis as of December 31, 2010 and 2009
-		Statements of Operations – Statutory Basis for the years ended December 31, 2010,
		2009 and 2008
-		Statements of Changes in Capital and Surplus – Statutory Basis for the years ended
		December 31, 2010, 2009 and 2008
-		Statements of Cash Flows – Statutory Basis for the years ended December 31, 2010,
		2009 and 2008
-		Notes to Financial Statements – Statutory Basis
	Financial Statements of Separate Account NY-B:
-		Report of Independent Registered Public Accounting Firm
-		Statements of Assets and Liabilities as of December 31, 2010
-		Statements of Operations for the year ended December 31, 2010
-		Statements of Changes in Net Assets for the years ended December 31, 2010 and 2009
-		Notes to Financial Statements
	Condensed Financial Information (Accumulation Unit Values)

Exhibits:


(b)
(1	)		Resolution of the board of directors of ReliaStar Life Insurance Company of New York
			authorizing the establishment of the Registrant, incorporated herein by reference to the
			initial filing of a registration statement on Form N-4 for ReliaStar Life Insurance
			Company of New York Separate Account NY-B filed with the Securities and Exchange
			Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

(2	)		Custodial Agreement between Registrant and the Bank of New York, incorporated herein
			by reference to the initial filing of a registration statement on Form N-4 for ReliaStar Life
			Insurance Company of New York Separate Account NY-B filed with the Securities and
Exchange Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

(3	)	(a)	Distribution Agreement between the Depositor and Directed Services, Inc., incorporated
			herein by reference to the initial filing of a registration statement on Form N-4 for
			ReliaStar Life Insurance Company of New York Separate Account NY-B filed with the
			Securities and Exchange Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

		(b)	Dealers Agreement, incorporated herein by reference to the initial filing of a registration
			statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on April 5, 2002 (File
			Nos. 333-85618, 811-07935).


(4	)	(a)	Flexible Premium Deferred Combination Variable and Fixed Annuity Contract (RLNY-IA-
			1090), incorporated herein by reference to Pre-Effective Amendment No. 2 of a registration
			statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on November 18, 2002
			(File Nos. 333-85618, 811-07935).

		(b)	Premium Credit Rider (RLNY-RA-1089), incorporated herein by reference to Pre-Effective
			Amendment No. 2 of a registration statement on Form N-4 for ReliaStar Life Insurance
			Company of New York Separate Account NY-B filed with the Securities and Exchange
			Commission on November 18, 2002 (File Nos. 333-85618, 811-07935).

		(c)	Premium Credit Disclosure (RLNY-DS-1093), incorporated herein by reference to Pre-
			Effective Amendment No. 2 of a registration statement on Form N-4 for ReliaStar Life
			Insurance Company of New York Separate Account NY-B filed with the Securities and
			Exchange Commission on November 18, 2002 (File Nos. 333-85618, 811-07935).

		(d)	403(b) Rider (RLNY-RA-1036), incorporated herein by reference to Post-Effective
			Amendment No. 1 to a Registration Statement on Form N-4 for ReliaStar Life Insurance
			Company of New York Separate Account NY-B filed with the Securities and Exchange
			Commission on April 17, 2003 (File Nos. 333-85618, 811-07935).

		(e)	Earnings Enhancement Death Benefit Rider (RLNY-RA-1086), incorporated herein by
			reference to the initial filing of a registration statement on Form N-4 for ReliaStar Life
			Insurance Company of New York Separate Account NY-B filed with the Securities and
Exchange Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

		(f)	Simple Individual Retirement Annuity Rider (Group) (RLNY-RA-1026)(12/02)(CA),
			incorporated herein by reference to Post-Effective Amendment No. 1 to a Registration
			Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on April 17, 2003
			(File Nos. 333-85618, 811-07935).

		(g)	Simple Individual Retirement Annuity Rider (RLNY-RA-1026)(12/02)(IA), incorporated
			herein by reference to Post-Effective Amendment No. 1 to a Registration Statement on
			Form N-4 for ReliaStar Life Insurance Company of New York Separate Account NY-B
			filed with the Securities and Exchange Commission on April 17, 2003 (File Nos. 333-
			85618, 811-07935).

		(h)	Roth Individual Retirement Annuity Rider (Group) (RLNY-RA-1038)(12/02)(CA),
			incorporated herein by reference to Post-Effective Amendment No. 1 to a Registration
			Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on April 17, 2003 (File
			Nos. 333-85618, 811-07935).

		(i)	Roth Individual Retirement Annuity Rider (RLNY-RA-1038)(12/02)(IA), incorporated
			herein by reference to Post-Effective Amendment No. 1 to a Registration Statement on
			Form N-4 for ReliaStar Life Insurance Company of New York Separate Account NY-B
			filed with the Securities and Exchange Commission on April 17, 2003 (File Nos. 333-
			85618, 811-07935).


(j)	Individual Retirement Annuity Rider (Group) (RLNY-RA-1009)(12/02)(CA), incorporated
	herein by reference to Post-Effective Amendment No. 1 to a Registration Statement on
	Form N-4 for ReliaStar Life Insurance Company of New York Separate Account NY-B
	filed with the Securities and Exchange Commission on April 17, 2003 (File Nos. 333-
	85618, 811-07935).

(k)	Section 72 Rider (Group) (FG-RA-1002-08/97), incorporated herein by reference to the
	initial filing of a registration statement on Form N-4 for ReliaStar Life Insurance Company
	of New York Separate Account NY-B filed with the Securities and Exchange Commission
	on April 1, 2002 (File Nos. 333-85326, 811-07935).

(l)	Section 72 Rider (Individual) (FG-RA-1001-08/95), incorporated herein by reference to the
	initial filing of a registration statement on Form N-4 for ReliaStar Life Insurance Company
	of New York Separate Account NY-B filed with the Securities and Exchange Commission
	on April 1, 2002 (File Nos. 333-85326, 811-07935).

(m)	Individual Retirement Annuity Rider (RLNY-RA-1009)(12/02)(IA), incorporated herein by
	reference to Post-Effective Amendment No. 1 to a Registration Statement on Form N-4 for
	ReliaStar Life Insurance Company of New York Separate Account NY-B filed with the
	Securities and Exchange Commission on April 17, 2003 (File Nos. 333-85618, 811-
	07935).

(n)	Minimum Guaranteed Accumulation Benefit Rider (RLNY-RA-2024), incorporated
	herein by reference to Pre-Effective Amendment No. 1 to a Registration Statement on
	Form N-4 for ReliaStar Life Insurance Company of New York Separate Account NY-B
	filed with the Securities and Exchange Commission on September 20, 2004 (File Nos.
	333-115515, 811-07935).

(o)	Minimum Guaranteed Income Benefit Rider (RLNY-RA-2025) (10/06), incorporated
	herein by reference to Post-Effective Amendment No. 19 to a Registration Statement on
	Form N-4 for ReliaStar Life Insurance Company of New York Separate Account NY-B
	filed with the Securities and Exchange Commission on June 4, 2007 (File Nos. 333-85618,
	811-07935).

(p)	Minimum Guaranteed Withdrawal Benefit Rider with Reset Option (RLNY-RA-2026),
	incorporated herein by reference to Pre-Effective Amendment No. 1 to a Registration
	Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
	Account NY-B filed with the Securities and Exchange Commission on September 20, 2004
	(File Nos. 333-115515, 811-07935).

(q)	Minimum Guaranteed Withdrawal Benefit Rider with Reset Option (RLNY-RA-3023),
	incorporated herein by reference to Post-Effective Amendment No. 19 to a Registration
	Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
	Account NY-B filed with the Securities and Exchange Commission on June 4, 2007 (File
	Nos. 333-85618, 811-07935).


		(r)	Minimum Guaranteed Withdrawal Benefit Rider with Reset Option (RLNY-RA-3029),
			incorporated herein by reference to Post-Effective Amendment No. 19 to a Registration
			Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on June 4, 2007 (File
			Nos. 333-85618, 811-07935).

		(s)	Minimum Guaranteed Withdrawal Benefit Rider with Automatic Reset (ING LifePay
			Plus), incorporated herein by reference to Post-Effective Amendment No. 27 to a
			Registration Statement on Form N-4 for ReliaStar Life Insurance Company of New York
			Separate Account NY-B filed with the Securities and Exchange Commission on December
			12, 2007 (File Nos. 333-85618, 811-07935).

		(t)	Minimum Guaranteed Withdrawal Benefit Rider with Automatic Reset (ING Joint LifePay
			Plus), incorporated herein by reference to Post-Effective Amendment No. 27 to a
			Registration Statement on Form N-4 for ReliaStar Life Insurance Company of New York
			Separate Account NY-B filed with the Securities and Exchange Commission on December
			12, 2007 (File Nos. 333-85618, 811-07935).

(5	)	(a)	New York Variable Annuity Application (RLNY-AA-2031) (08/07) (140326),
			incorporated herein by reference to Post-Effective Amendment No. 23 to a Registration
			Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on August 28, 2007
			(File Nos. 333-85618, 811-07935).

		(b)	New York Variable Annuity Application (RLNY-AA-2031) (04/08) (140326),
			incorporated herein by reference to Post-Effective Amendment No. 13 to a Registration
			Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on April 9, 2008 (File
			Nos. 333-115515, 811-07935).

		(c)	New York Variable Annuity Application (RLNY-AA-2031) (02/02/2009) (140326),
			incorporated herein by reference to Post Effective Amendment No. 15 to a Registration
			Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on April 14, 2009 (File
			Nos. 333-115515, 811-07935).

		(d)	New York Variable Annuity Application (RLNY-AA-2031) (05/09) (140326),
			incorporated herein by reference to Post Effective Amendment No. 15 to a Registration
			Statement on Form N-4 for ReliaStar Life Insurance Company of New York Separate
			Account NY-B filed with the Securities and Exchange Commission on April 14, 2009 (File
			Nos. 333-115515, 811-07935).

(6	)	(a)	Articles of Incorporation of ReliaStar Life Insurance Company of New York, incorporated
			herein by reference to the initial filing of a registration statement on Form S-6 filed with
			the Securities and Exchange Commission on March 6, 1998 (File Nos. 333-47527, 811-
			03427).

		(b)	By-Laws of ReliaStar Life Insurance Company of New York, incorporated herein by
			reference to the initial filing of a registration statement on Form S-6 with the Securities and
Exchange Commission on March 6, 1998 (File Nos. 333-47527, 811-03427).


		(c)	Resolution of board of directors for Powers of Attorney, incorporated herein by reference
			to the initial filing of a registration statement on Form N-4 for ReliaStar Life Insurance
			Company of New York Separate Account NY-B filed with the Securities and Exchange
			Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

(7	)		Not applicable.

(8	)	(a)	Services Agreement effective November 8, 1996 between Directed Services, Inc. and First
			Golden American Life Insurance Company of New York, incorporated herein by reference
			to the initial filing of a registration statement on Form N-4 for ReliaStar Life Insurance
			Company of New York Separate Account NY-B filed with the Securities and Exchange
			Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

		(b)	Administrative Services Agreement effective November 8, 1996 between First Golden
			American Life Insurance Company of New York and Golden American Life Insurance
			Company, incorporated herein by reference to the initial filing of a registration statement
			on Form N-4 for ReliaStar Life Insurance Company of New York Separate Account NY-B
			filed with the Securities and Exchange Commission on April 5, 2002 (File Nos. 333-85618,
			811-07935).

		(c)	Asset Management Agreement effective March 30, 1998 between ReliaStar Life Insurance
			Company of New York and ING Investment Management LLC, incorporated herein by
			reference to the initial filing of a registration statement on Form N-4 for ReliaStar Life
			Insurance Company of New York Separate Account NY-B filed with the Securities and
Exchange Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

		(d)	Participation Agreement entered into as of the 2^ndday of September, 2003, as amended and
			restated on May 17, 2004 by and among ING USA Annuity and Life Insurance Company,
			ReliaStar Life Insurance Company of New York, ING Investors Trust, ING Investments,
			LLC, Directed Services, Inc., American Funds Insurance Series and Capital Research and
			Management Company, incorporated herein by reference to Post-Effective Amendment
			No. 8 to Registration Statement on Form N-4 for ING USA Annuity and Life Insurance
			Company Separate Account B filed with Securities and Exchange Commission on August
			1, 2005 (File Nos. 333-70600, 811-05626).

		(e)	Amendment No. 1 to the Business Agreement dated April 30, 2003, as amended on
			January 1, 2008 by and among ING USA Annuity and Life Insurance Company, ReliaStar
			Life Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of
			Denver Insurance Company, ING Life Insurance and Annuity Company, ING American
			Equities, Inc., ING Financial Advisers, LLC, Directed Services LLC, American Funds
			Distributors and Capital Research and Management Company, incorporated herein by
			reference to Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement of
			Security Life of Denver Insurance Company and its Security Life Separate Account L1,
			File No. 333-153337, as filed on November 14, 2008.


(f)	Fourth Amended and Restated Fund Participation Agreement entered into as of the 28^thday
	of April, 2008, as amended among ING USA Annuity and Life Insurance Company,
	ReliaStar Life Insurance Company of New York, ING Investors Trust, ING Investments,
	LLC, ING Funds Distributor, LLC, American Funds Insurance Series and Capital Research
	and Management Company, incorporated herein by reference to Post-Effective
	Amendment No. 14 to a Registration Statement on Form N-4 for ReliaStar Life Insurance
	Company of New York Separate Account NY-B filed with the Securities and Exchange
	Commission on December 29, 2008 (File Nos. 333-115515, 811-07935).

(g)	Amendment No. 1 to the Fourth Amended and Restated Fund Participation Agreement
	entered into as of the 28^thday of April, 2008, as amended among ING USA Annuity and
	Life Insurance Company, ReliaStar Life Insurance Company of New York, ING Investors
	Trust, ING Investments, LLC, ING Investments Distributor, LLC, American Funds
	Insurance Series and Capital Research and Management Company (effective December 14,
	2010), incorporated herein by reference to Post-Effective Amendment No. 55 to a
	Registration Statement on Form N-4 for ING USA Annuity and Life Insurance Company
	Separate Account B filed with the Securities and Exchange Commission on April 6, 2011
	(File Nos. 333-28679, 811-05626).

(h)	Participation Agreement entered into as of the 15^thday of September, 2008, as amended
	among ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance
	Company of New York, ING Investors Trust, Directed Services, LLC, ING Funds
	Distributor, LLC, American Funds Insurance Series and Capital Research and Management
	Company, incorporated herein by reference to Post-Effective Amendment No. 14 to a
	Registration Statement on Form N-4 for ReliaStar Life Insurance Company of New York
	Separate Account NY-B filed with the Securities and Exchange Commission on December
	29, 2008 (File Nos. 333-115515, 811-07935).

(i)	Rule 22c-2 Agreement dated no later than April 16, 2007 is effective October 16, 2007
	between ING Funds Services, LLC, ING Life Insurance and Annuity Company, ING
	National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance
	Company, ReliaStar Life Insurance Company of New York, Security Life of Denver
	Insurance Company and Systematized Benefits Administrators Inc., incorporated by
	reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4
	(File No. 033-75962), as filed on June 15, 2007.

(j)	Participation Agreement enter into as of 28^thday of April, 2000 between ReliaStar Life
	Insurance Company of New York, ING Variable Insurance Trust, ING Mutual Funds
	Management Co. LLC and ING Funds Distributor, Inc., incorporated herein by reference to
	the initial filing of a registration statement on Form N-4 for ReliaStar Life Insurance
	Company of New York Separate Account NY-B filed with the Securities and Exchange
	Commission on April 5, 2002 (File Nos. 333-85618, 811-07935).

(k)	Form of Participation Agreement between ReliaStar Life Insurance Company of New York
	and ING Variable Products Trust, incorporated herein by reference to the initial filing of a
	registration statement on Form N-4 for ReliaStar Life Insurance Company of New York
	Separate Account NY-B filed with the Securities and Exchange Commission on April 5,
	2002 (File Nos. 333-85618, 811-07935).


(l)	Form of Participation Agreement between ReliaStar Life Insurance Company of New
	York, ProFunds and ProFund Advisors LLC, incorporated herein by reference to the initial
	filing of a registration statement on Form N-4 for ReliaStar Life Insurance Company of
	New York Separate Account NY-B filed with the Securities and Exchange Commission on
	April 5, 2002 (File Nos. 333-85618, 811-07935).

(m)	Amended and Restated Participation Agreement as of December 30, 2005 by and among
	Franklin Templeton Variable Insurance Products Trust/Templeton Distributors, Inc., ING
	Life Insurance and Annuity Company, ING USA Annuity and Life Insurance Company,
	ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York and
	Directed Services, Inc., incorporated herein by reference to Post-Effective Amendment No.
	17 filing of a registration statement on Form N-4 for ReliaStar Life Insurance Company of
	New York Separate Account NY-B filed with the Securities and Exchange Commission on
	February 1, 2007 (File Nos. 333-85618, 811-07935).

(n)	Amendment to Participation Agreement as of June 5, 2007 by and between Franklin
	Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., ING
	Life Insurance and Annuity Company, ING USA Annuity and Life Insurance Company,
	ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, and
	Directed Services, LLC, incorporated herein by reference to Pre-Effective Amendment No.
	1 to a Registration Statement on Form N-4 for ReliaStar Life Insurance Company of New
	York Separate Account NY-B filed with the Securities and Exchange Commission on July
	6, 2007 (File Nos. 333-139695, 811-07935).

(o)	Participation Agreement among Variable Insurance Products Funds, Fidelity Distributors
	Corporation, ING Partners, Inc., ING Life Insurance and Annuity Company, ING USA
	Annuity and Life Insurance Company, ING Insurance Company of America, ReliaStar Life
	Insurance Company, ReliaStar Life Insurance Company of New York and Security Life of
	Denver Insurance Company dated November 11, 2004, incorporated herein by reference to
	Post-Effective Amendment No. 8 to a Registration Statement on Form N-4 for ING USA
	Annuity and Life Insurance Company Separate Account B filed with the Securities and
	Exchange Commission on December 2, 2005 (File Nos. 333-33914, 811-05626).

(p)	Letter Agreement dated May 16, 2007 between ReliaStar Life Insurance Company of New
	York, Fidelity Distributors Corporation, Variable Insurance Products Fund, Variable
	Insurance Products Fund II and Variable Insurance Products Fund V, incorporated herein
	by reference to Pre-Effective Amendment No. 2 to the Registration Statement on Form N-4
	(File No. 333-139695), as filed on September 5, 2007.

(q)	Rule 22c-2 Agreement dated no later than April 16, 2007 and is effective as of October 16,
	2007 between Fidelity Distributors Corporation, ING Life Insurance and Annuity
	Company, ING National Trust, ING USA Annuity and Life Insurance Company, ReliaStar
	Life Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of
	Denver Insurance Company and Systematized Benefits Administrators Inc., incorporated
	herein by reference to Post-Effective Amendment No. 50 to Registration Statement on
	Form N-4 (File No. 033-75962), as filed on June 15, 2007.


(r)	Rule 22c-2 Agreement dated no later than April 16, 2007, and is effective as of the 16^thday
	of October, 2007, between BlackRock Distributors, Inc., on behalf of and as distributor for
	the BlackRock Funds and the Merrill Lynch family of funds and ING Life Insurance and
	Annuity Company, ING National Trust, ING USA Annuity and Life Insurance Company,
	ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York,
	Security Life of Denver Insurance Company and Systematized Benefits Administrators
	Inc., incorporated by reference to Post-Effective Amendment No. 43 to a Registration
	Statement on Form N-4 for ING USA Annuity and Life Insurance Company Separate
	Account B filed with the Securities and Exchange Commission on April 7, 2008 (File Nos.
	333-28755, 811-05626).

(s)	Participation Agreement dated April 25, 2008, by and among BlackRock Variable Series
	Funds, Inc., BlackRock Distributors, Inc., ING USA Annuity and Life Insurance Company
	and ReliaStar Life Insurance Company of New York, incorporated herein by reference to
	Post-Effective Amendment No. 26 to the Form N-6 Registration Statement of ReliaStar
	Life Insurance Company and its Select*Life Separate Account, filed on April 7, 2009; file
	No. 33-57244.

(t)	Amendment No. 1, dated as of April 24, 2009, and effective as of May 1, 2009, to
	Participation Agreement dated April 25, 2008, by and between BlackRock Variable Series
	Funds, Inc., BlackRock Investments, LLC and ING USA Annuity and Life Insurance
	Company and ReliaStar Life Insurance Company of New York, incorporated herein by
	reference to Post-Effective Amendment No. 27 to the Form N-6 Registration Statement of
	ReliaStar Life Insurance Company and its Select*Life Separate Account, filed on August
	18, 2009; file No. 33-57244.

(u)	Administrative Services Agreement dated April 25, 2008, by and among BlackRock
	Advisors, LLC and ING USA Annuity and Life Insurance Company and ReliaStar Life
	Insurance Company of New York, incorporated herein by reference to Post-Effective
	Amendment No. 26 to the Form N-6 Registration Statement of ReliaStar Life Insurance
	Company and its Select*Life Separate Account, filed on April 7, 2009; file No. 33-57244.

(v)	Amendment No. 1, dated as of April 24, 2009, and effective as of May 1, 2009, to
	Administrative Services AgreementApril 25, 2008, by and among BlackRock Variable
	Series Funds, Inc., BlackRock Investments, LLC and ING USA Annuity and Life
	Insurance Company and ReliaStar Life Insurance Company of New York, incorporated
	herein by reference to Post-Effective Amendment No. 27 to the Form N-6 Registration
	Statement of ReliaStar Life Insurance Company and its Select*Life Separate Account, filed
	on August 18, 2009; file No. 33-57244.

(w)	Participation Agreement among ING Investors Trust, Directed Services LLC, ING USA
	Annuity and Life Insurance Company, ReliaStar Life Insurance Company of New York,
	DFA Investment Dimensions Group Inc. and Dimensional Fund Advisors LP dated April
	29, 2010, incorporated herein by reference to Post-Effective Amendment No. 54 to a
	Registration Statement on Form N-4 for ING USA Annuity and Life Insurance Company
	Separate Account B filed with the Securities and Exchange Commission on December 15,
	2010 (File Nos. 333-28679, 811-05626).


		(x)	Amendment No. 1, dated as of September 20, 2010, to Participation Agreement among
			ING Investors Trust, Directed Services LLC, ING USA Annuity and Life Insurance
			Company, ReliaStar Life Insurance Company of New York, DFA Investment Dimensions
			Group Inc. and Dimensional Fund Advisors LP dated April 29, 2010, incorporated herein
			by reference to Post-Effective Amendment No. 54 to a Registration Statement on Form N-4
			for ING USA Annuity and Life Insurance Company Separate Account B filed with the
			Securities and Exchange Commission on December 15, 2010 (File Nos. 333-28679, 811-
			05626).

		(y)	Rule 22c-2 Agreement dated no later than April 16, 2007 and is effective as of October 16,
			2007 between AIM Investment Services, Inc., ING Life Insurance and Annuity Company,
			ING National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life
			Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of
			Denver Insurance Company and Systematized Benefits Administrators Inc., incorporated
			by reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4
			(File No. 033-75962), as filed on June 15, 2007.

		(z)	Rule 22c-2 Agreement dated April 16, 2007 and is effective as of October 16, 2007 among
			Columbia Management Services, Inc., ING Life Insurance and Annuity Company, ING
			National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance
			Company, ReliaStar Life Insurance Company of New York, Security Life of Denver Life
			Insurance Company and Systematized Benefits Administrators Inc., incorporated by
			reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File
			No. 333-134760), as filed on July 27, 2007.

		(aa)	Rule 22c-2 Agreement dated March 1, 2007 and is effective as of October 16, 2007
			between Pioneer Investment Management Shareholder Services, Inc., ING Life Insurance
			and Annuity Company, ING National Trust, ING USA Annuity and Life Insurance
			Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New
York, Security Life of Denver Insurance Company and Systematized Benefits
			Administrators Inc., incorporated by reference to Post-Effective Amendment No. 50 to
			Registration Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007.

(9	)		Opinion and Consent of Counsel, attached.

(10	)		Consent of Independent Registered Public Accounting Firm, attached.

(11	)		Not applicable.

(12	)		Not applicable.

(13	)		Powers of Attorney, attached.


Name	Principal Business Address	Positions and Offices with Depositor
Ewout L. Steenbergen*	230 Park Avenue, New York NY	Executive Vice President, Chief
	10169	Financial Officer and Director

James R. Gelder*	1250 Capital of Texas Hwy. S.	Director
	Building 2, Suite 125
	Austin, TX 78746
R. Michael Conley*	2910 Holly Lane	Director
	Plymouth, MN 55447

Carol V. Coleman*	1000 Woodbury Road	Director
	Suite 208
	Woodbury, NY 11797

Richard K. Lau*	1475 Dunwoody Drive	Director, Vice President and Actuary
	West Chester, PA 19380-1478

James F. Lille*	46 Hearthstone Drive	Director
	Gansevoort, NY 12831

Charles B. Updike*	60 East 42nd Street	Director
	New York, NY 10165

Thomas R. Voglewede*	5780 Powers Ferry Road	Director
	Atlanta, GA 30327-4390

Ross M. Weale*	56 Cove Rd.	Director
	South Salem, NY 10590

Brian D. Comer*	One Orange Way	Director and Senior Vice President
	Windsor, CT 06095-4774

Heather H. Lavallee	20 Washington Avenue South	Director and Senior Vice President
	Minneapolis, MN 55401

Daniel P. Mulheran, Sr.*	20 Washington Avenue South	Director and Senior Vice President
	Minneapolis, MN 55401

Bridget M. Healy	230 Park Avenue, 13^thFloor	Executive Vice President and Chief
	New York NY 10169	Legal Officer

Steven T. Pierson*	5780 Powers Ferry Road	Senior Vice President and Chief
	Atlanta, GA 30327-4390	Accounting Officer

Prakash Shimpi	230 Park Avenue, 13^thFloor	Senior Vice President
	New York NY 10169

Boyd G. Combs	5780 Powers Ferry Road	Senior Vice President, Tax
	Atlanta, GA 30327-4390

*Principal delegated legal authority to execute this registration statement pursuant to Powers of Attorney,
Exhibit 13, attached.

ITEM 28: INDEMNIFICATION

ReliaStar Life Insurance Company of New York (“RLNY”) shall indemnify (including therein the

prepayment of expenses) any person who is or was a director, officer or employee, or who is or was

serving at the request of RLNY as a director, officer or employee of another corporation, partnership,

joint venture, trust or other enterprise for expenses (including attorney’s fees), judgments, fines and

amounts paid in settlement actually and reasonably incurred by him with respect to any threatened,

pending or completed action, suit or proceedings against him by reason of the fact that he is or was such a

director, officer or employee to the extent and in the manner permitted by law.

RLNY may also, to the extent permitted by law, indemnify any other person who is or was serving RLNY

in any capacity. The Board of Directors shall have the power and authority to determine who may be

indemnified under this paragraph and to what extent (not to exceed the extent provided in the above

paragraph) any such person may be indemnified.

A corporation may procure indemnification insurance on behalf of an individual who is or was a director

of the corporation. Consistent with the laws of the State of New York, ING America Insurance Holdings,

Inc. maintains Professional Liability and fidelity bond insurance policies issued by an international

insurer. The policies cover ING America Insurance Holdings, Inc. and any company in which ING

America Insurance Holdings, Inc. has a controlling financial interest of 50% or more. These policies

include either or both the principal underwriter, the depositor and any/all assets under the care, custody

and control of ING America Insurance Holdings, Inc. and/or its subsidiaries. The policies provide for the

following types of coverage: errors and omissions/professional liability, employment practices liability

and fidelity/crime (a/k/a “Financial Institutional Bond”).

Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended, may be

permitted to directors, officers and controlling persons of the Registrant, as provided above or otherwise,

the Registrant has been advised that in the opinion of the SEC such indemnification by the Depositor is

against public policy, as expressed in the Securities Act of 1933, and therefore may be unenforceable. In

the event that a claim of such indemnification (except insofar as it provides for the payment by the

Depositor of expenses incurred or paid by a director, officer or controlling person in the successful

defense of any action, suit or proceeding) is asserted against the Depositor by such director, officer or

controlling person and the SEC is still of the same opinion, the Depositor or Registrant 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 of whether such indemnification by the Depositor is against public

policy as expressed by the Securities Act of 1933 and will be governed by the final adjudication of such

issue.

ITEM 29: PRINCIPAL UNDERWRITER

(a) In addition to the Registrant, Directed Services LLC serves as principal underwriter for all contracts

issued by ING USA Annuity and Life Insurance Company through its Separate Accounts A, B and EQ

and Alger Separate Account A and ReliaStar Life Insurance Company of New York through its Separate

Account NY-B. Also, Directed Services LLC serves as investment advisor to ING Investors Trust and

ING Partners, Inc.

(b) The following information is furnished with respect to the principal officers and directors of Directed

Services LLC, the Registrant's Distributor.


Name	Principal Business Address	Positions and Offices with
		Underwriter

Michael J. Roland	7337 E Doubletree Ranch Road,	Investment Advisor Chief Compliance
	Scottsdale, AZ 85258	Officer and Senior Vice President

Stanley D. Vyner	230 Park Avenue, 13th Floor	Senior Vice President
	New York, NY 10169

Carol S. Stern	601 Thirteenth Street, NW Suite 700	Chief Compliance Officer
	Washington, DC 20005

Julius A. Drelick, III	7337 E Doubletree Ranch Road	Vice President
	Scottsdale, AZ 85258

William A. Evans	10 State House Square	Vice President
	Hartford, CT 06103

Heather H. Hackett	230 Park Avenue, 13th Floor	Vice President
	New York, NY 10169

Jody Hrazanek	230 Park Avenue, 13th Floor	Vice President
	New York, NY 10169

Todd R. Modic	7337 E Doubletree Ranch Road	Vice President
	Scottsdale, AZ 85258

Jason R. Rausch	230 Park Avenue, 13th Floor	Vice President
	New York, NY 10169

Paul L. Zemsky	230 Park Avenue, 13th Floor	Vice President
	New York, NY 10169

David S. Pendergrass	5780 Powers Ferry Road	Vice President and Treasurer
	Atlanta, GA 30327-4390

Spencer T. Shell	5780 Powers Ferry Road	Vice President and Assistant Treasurer
	Atlanta, GA 30327-4390

Joy M. Benner	20 Washington Avenue South	Secretary
	Minneapolis, MN 55401

Tina M. Nelson	20 Washington Avenue South	Assistant Secretary
	Minneapolis, MN 55401

Melissa A.	20 Washington Avenue South	Assistant Secretary
O’Donnell	Minneapolis, MN 55401

Randall K. Price	20 Washington Avenue South	Assistant Secretary
	Minneapolis, MN 55401


ITEM 30:		LOCATION OF ACCOUNTS AND RECORDS

All accounts, books and other documents required to be maintained by Section 31(a) of the 1940 Act and
the rules under it relating to the securities described in and issued under this Registration Statement are
maintained by the Depositor and located at: ReliaStar Life Insurance Company of New York at 1000
Woodbury Road, Suite 208, Woodbury, NY 11797 and 1475 Dunwoody Drive, West Chester, PA
19380.

ITEM 31:		MANAGEMENT SERVICES

None.

ITEM 32:		UNDERTAKINGS

(a)	Registrant hereby undertakes to file a post-effective amendment to this registration statement as
frequently as it is necessary to ensure that the audited financial statements in the registration statement are
never more that 16 months old so long as payments 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 post card or similar written communication affixed to or included in the prospectus
that the applicant can remove to send for a Statement of Additional Information; and,

(c)	Registrant hereby undertakes to deliver any Statement of Additional Information and any
financial statements required to be made available under this Form promptly upon written or oral request.

(d)	Registrant hereby undertakes to mail notices to current contract owners promptly after the
happening of significant events related to the guarantee issued by ReliaStar Life Insurance Company of
New York with respect to allocation of contract value to a series of the ING GET U.S. Core Portfolio (the
“Guarantee”). These significant events include (i) the termination of the Guarantee; (ii) a default under
the Guarantee that has a material adverse effect on a contract owner’s right to receive his or her
guaranteed amount on the maturity date; (iii) the insolvency of ReliaStar Life Insurance Company of New
York; or (iv) a reduction in the credit rating of ReliaStar Life Insurance Company of New York’s long-
term debt as issued by Standard & Poor’s or Moody’s Investors Service, Inc. to BBB+ or lower or Baa1
or lower, respectively.

As required by the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement
has been signed by the following persons in the capacities indicated on April 8, 2011.


“Standard & Poor’s^®”, “S&P^®”, “S&P 500^®”, “Standard & Poor’s 500”, and “500” are trademarks of The McGraw-Hill Companies, Inc. and
have been licensed for use by ReliaStar Life Insurance Company of New York. The product is not sponsored, endorsed, sold or promoted by
Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in the product.


Table of Contents

Item	Page

Introduction	1
Description of ReliaStar Life Insurance Company of New York	1
Separate Account NY-B of ReliaStar Life Insurance Company of New York	1
Safekeeping of Assets	1
The Administrator	1
Experts	2
Distribution of Contracts	2
Published Ratings	2
Accumulation Unit Value	2
Performance Information	3
Other Information	4
Statutory Basis Financial Statements of ReliaStar Life Insurance Company of New York	5
Financial Statements of Separate Account NY-B	5
Condensed Financial Information (Accumulation Unit Value)	5


RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
Financial Statements – Statutory Basis
December 31, 2010


Contents

Report of Independent Registered Public Accounting Firm	1

Audited Financial Statements - Statutory Basis

Balance Sheets - Statutory Basis – as of December 31, 2010 and 2009	3
Statements of Operations - Statutory Basis – for the years ended December 31, 2010,
2009 and 2008	5
Statements of Changes in Capital and Surplus - Statutory Basis – for the years ended
December 31, 2010, 2009 and 2008	6
Statements of Cash Flows - Statutory Basis – for the years ended December 31, 2010,
2009 and 2008	7
Notes to Financial Statements - Statutory Basis	8


2	.	Permitted Statutory Basis Accounting Practices

		The financial statements of the Company are presented on the basis of accounting
		practices prescribed or permitted by the New York Insurance Department. The New York
		Insurance Department recognizes only statutory accounting practices prescribed or


The aggregate fair value of debt securities with unrealized losses and the time period that
cost exceeded fair value are as follows:

				More than 6
		Less than		Months and Less		More than
		6 Months		than 12 Months		12 Months
		Below Cost		Below Cost		Below Cost		Total
December 31, 2010				(In Thousands)
Fair value	$	338,937	$	15,578	$	171,440	$	525,955
Unrealized loss		13,067		676		39,467		53,210

December 31, 2009
Fair value	$	230,544	$	35,307	$	424,449	$	690,300
Unrealized loss		6,311		3,689		112,427		122,427


				Book/Adjusted				Other Than
				Carrying Value				Temporary
				(Excluding				Impairment Losses
		Actual Cost		Interest)	Fair Value			Recognized
				(In Thousands)
Residential mortgage backed
securities	$	1,856	$	1,875	$	1,388	$	579
Structured securities		20,828		20,571		19,077		4,293
Total	$	22,684	$	22,446	$	20,465	$	4,872


The following table summarizes the Company’s exposure to subprime mortgage backed
holdings and Alt-A mortgage backed securities through other investments as of
December 31, 2009:

			Book/Adjusted					Other Than
			Carrying Value					Temporary
				(Excluding			Impairment Losses
	Actual Cost			Interest)	Fair Value			Recognized
				(In Thousands)
Residential mortgage backed
securities	$	2,555	$	1,970	$	1,227	$	92
Structured securities		26,760		26,232		17,967		1,572
Total	$	29,315	$	28,202	$	19,194	$	1,664


The following table summarizes the Company’s exposure to subprime mortgage backed
holdings and Alt-A mortgage backed securities through other investments as of
December 31, 2008:
			Book/Adjusted					Other Than
			Carrying Value					Temporary
				(excluding			Impairment Losses
	Actual Cost			interest)	Fair Value			Recognized
				(In Thousands)
Residential mortgage backed
securities	$	68,881	$	68,661	$	38,026	$	2,326
Structured securities		29,689		29,787		18,737		1,140
Total	$	98,570	$	98,448	$	56,763	$	3,466


		Amortized Cost		Other-than-Temporary
		Basis Before		Impairments
		OTTI		Interest	Non-interest			Fair Value
				(In Thousands)
Second quarter:
Aggregate intent to sell	$	-	$	-	$	-	$	-
Aggregate inability or lack of intent
to hold to recovery		692		202		-		490
Total second quarter	$	692	$	202	$	-	$	490

Fourth quarter:
Aggregate intent to sell	$	-	$	-	$	-	$	-
Aggregate inability or lack of intent
to hold to recovery		22,532		4,599		-		17,932
Total fourth quarter	$	22,532	$	4,599	$	-	$	17,932

Total		N/A	$	4,801	$	-		N/A


(Table continued from previous page)

		Amortized Cost		Present Value of
		Basis Before		Projected Cash			Recognized		Amortized Cost
			OTTI		Flows		OTTI		After OTTI		Fair Value
Fourth quarter:					(In Thousands)
1248MBA	J4	$	1,075	$	1,066	$	9	$	1,066	$	662
126685	AM8		751		744		6		744		421
12668	WAC1		92		90		2		90		53
12670	FAD2		290		282		8		282		135
23246	BAJ0		290		265		25		265		141
46629	PAS7		7,296		5,857		1,439		5,857		3,225
46629	PAT5		2,855		586		2,270		586		1,863
46629	QAD8		1,056		1,056		-		1,056		878
57643	MMM3		1,042		1,008		34		1,008		840
59023	XAD8		718		536		181		536		350
759676	AL3		30		28		1		28		28
75970	HAF7		2,500		2,206		294		2,206		1,439
Total fourth quarter		$	17,995	$	13,724	$	4,269	$	13,724	$	10,035


		December 31, 2010
				Aggregate Fair Value of
		Aggregate Amount of		Securities with
		Unrealized Losses		Unrealized Losses
		(In Thousands)
Less than 12 months	$	666	$	56,786
Greater than 12 months		16,578		42,019
Total	$	17,244	$	98,805


		At December 31, 2010				At December 31, 2009
		Reverse				Reverse
		Repurchase	Securities		Repurchase		Securities
		Agreements		Lending	Agreements			Lending
				(In Thousands)
Open	$	-	$	62,470	$	-	$	48,596
30 days or less		-		-		-		-
31 to 60 days		-		-		-		-
61 to 90 days		-		-		-		-
Greater than 90 days		-		-		-		-
Securities received		-		-		-		-
Total collateral received	$	-	$	62,470	$	-	$	48,596


The maturity dates of the liabilities appropriately match the invested assets in the
securities lending program.


		The table below summarizes the Company’s derivative contracts included in other
		invested assets or other liabilities at December 31, 2010 and 2009:

				Notional		Carrying			Fair
				Amount		Value			Value
						(In Thousands)
		December 31, 2010
		Derivative contracts:
		Options owned	$	24,024	$	648		$	648
		Futures owned		94,773		206			206
		Swaps		134,403		1,017			1,319
		Total derivatives	$	253,200	$	1,871		$	2,173

		December 31, 2009
		Derivative contracts:
		Options owned	$	23,786	$	753		$	753
		Futures owned		86,049		737			737
		Swaps		28,320		(1,707	)		(1,690	)
		Total derivatives	$	138,155	$	(217	)	$	(200	)



5	.	Concentrations of Credit Risk


		Amount	Percent
		(In Thousands)
December 31, 2010
Subject to discretionary withdrawal (with adjustment):
With market value adjustment	$	865	0.1	%
At book value less surrender charge		52,854	3.6
At fair value		1,062,535	72.7
Subtotal		1,116,254	76.4
Subject to discretionary withdrawal (without adjustment):
At book value with minimal or no charge or adjustment		289,542	19.8
Not subject to discretionary withdrawal		55,616	3.8
Total annuity reserves and deposit fund liabilities	$	1,461,412	100.0	%

December 31, 2009
Subject to discretionary withdrawal (with adjustment):
With market value adjustment	$	3,121	0.2	%
At book value less surrender charge		45,000	3.3
At fair value		982,136	71.6
Subtotal		1,030,257	75.1
Subject to discretionary withdrawal (without adjustment):
At book value with minimal or no charge or adjustment		282,250	20.6
Not subject to discretionary withdrawal		58,943	4.3
Total annuity reserves and deposit fund liabilities	$	1,371,450	100.0	%


		coverage under the plan or any employee who is eligible for coverage under the plan and
		whose employment ended before October 1, 2009.

8	.	Separate Accounts

		Separate account assets and liabilities represent funds segregated by the Company for the
		benefit of certain policy and contract holders who bear the investment risk. Revenues and
		expenses on the separate account assets and related liabilities equal the benefits paid to
		the separate account policy and contract holders.

		The general nature and characteristics of the separate accounts business follows:


		Non-Indexed		Non	-
		Guarantee			Guaranteed
		Less than/			Separate
		Equal to 4%			Accounts		Total
					(In Thousands)
December 31, 2010
Premium, consideration or deposits for the year	$	-	$		33,445	$	33,445

Reserves for separate accounts with assets at:
Fair value	$	-	$		1,104,241	$	1,104,241
Amortized cost		404			-		404
Total reserves	$	404	$		1,104,241	$	1,104,645

Reserves for separate accounts by
withdrawal characteristics:
Subject to discretionary withdrawal:
With market value adjustment	$	404	$		-	$	404
At market value		-			1,102,977		1,102,977
Subtotal		404			1,102,977		1,103,381
Not subject to discretionary withdrawal		-			1,264		1,264
Total separate account reserves	$	404	$		1,104,241	$	1,104,645


		Legally Insulated		Not Legally
Product or Transaction		Assets		Insulated Assets
		(In Thousands)
BSL Variable Life	$	12,145	$	-
Variable Annuities		1,070,651		-
Deferred Annuities		29,047		-
Investor Elite		3,524		-
Select Life 1		16,464		-
Select Life 2		4,383		-
Variable Estate Design		2,328		-
	$	1,138,542	$	-


Current income taxes incurred consisted of the following major components:

		Year ended December 31
		2010		2009		2008
				(In Thousands)
Federal tax expense on operations	$	3,113		6,853		4,302
Federal tax expense (benefit) on capital gains and losses		3,066		(14,066	)	3,456
Total current tax expense (benefit) incurred	$	6,179	$	(7,213	) $	7,758


	2010
Ordinary
Adjusted gross DTAs (% of total adjusted	0.00	%
gross DTAs)
Net admitted adjusted gross DTAs (% of Total
net admitted adjusted gross DTAs)	0.00	%
Capital
Adjusted gross DTAs (% of total adjusted
gross DTAs)	100.00	%
Net admitted adjusted gross DTAs (% of Total
net admitted adjusted gross DTAs)	100.00	%
Total
Adjusted gross DTAs (% of total adjusted
gross DTAs)	6.68	%
Net admitted adjusted gross DTAs (% of Total
net admitted adjusted gross DTAs)	14.93	%


Method of Estimating Utilization of					Unused Credit
Remaining Transferrable State Tax			Carrying Value at	Remaining at Balance
Credit	State		Balance Sheet Date		Sheet Date
			(In Thousands)
December 31, 2010
Estimated credit from film production	CT	$	218	$	233
Fixed credit at time of purchase	NY		-		506
Total state tax credits		$	218	$	739


December 31, 2009
Estimated credit from film production	CT	$	317	$	350
Fixed credit at time of purchase	NY		-		1,012
Total state tax credits		$	317	$	1,362


A reconciliation of the change in the unrecognized income tax benefits for the years is as
follows:
		2010			2009			2008
				(In Thousands)
Balance at beginning of year	$	600.0		$	600.0		$	1,100.0
Additions for tax positions related to current year		-			100.0			100.0
Additions for tax positions related to prior years		(800.0	)		(100.0	)		(600.0	)
Balance at end of year	$	(200.0	)	$	600.0		$	600.0


At December 31, 2010
		Level 1		Level 2		Level 3		Total
				(In Thousands)
Assets:
Bonds
US corporate, state & municipal	$	-	$	2,584	$	-	$	2,584
Residential mortgage-backed		-		-		70		70
Commercial mortgage-backed		-		10,102		-		10,102
Other asset-backed		-		-		1,596		1,596
Common stock		88		-		614		702
Cash, cash equivalents and short-		-		-		-
term investments		69,053		-		-		69,053
Derivatives
Call options		-		-		648		648
Futures		206		-		-		206
Swaps		-		1,932		-		1,932
Separate account assets		1,137,028		1,514		-		1,138,542
Total assets	$	1,206,375	$	16,132	$	2,928	$	1,225,435

Liabilities:
Derivatives
Swaps		-		915		-		915
Total liabilities	$	-	$	915	$	-	$	915


The following table summarizes the change in fair value of the Company’s Level 3 assets
and liabilities for the year ended December 31, 2010.

		Bonds								Derivatives
								Common
		RMBS			ABS			Stock			Options			Total
							(In Thousands)
Beginning balance	$	542		$	-		$	665		$	753		$	1,960
Transfers into Level 3		-			2,000			-			-			2,000
Transfers out of Level 3		(503	)		-			-			-			(503	)
Total gains (losses)
included in income		(10	)		-			-			394			384
Total gains (losses)
included in surplus		41			(404	)		(18	)		(68	)		(449	)
Purchases		-			-			-			444			444
Issues		-			-			-			-			-
Sales		-			-			(33	)		(875	)		(908	)
Settlements		-			-			-			-			-
Ending Balance	$	70		$	1,596		$	614		$	648		$	2,928


The change in the liability for unpaid accident and health claims and claim adjustment
expenses is summarized as follows:
		2010			2009
		(In Thousands)
Balance at January 1	$	22,492		$	22,221
Less reinsurance recoverables		1,046			948
Net balance at January 1		21,446			21,273

Incurred related to:
Current year		26,376			26,178
Prior years		(6,125	)		(1,492	)
Total incurred		20,251			24,686

Paid related to:
Current year		18,556			13,864
Prior years		7,167			10,649
Total paid		25,723			24,513

Net balance at December 31		15,974			21,446
Plus reinsurance recoverables		1,430			1,046
Balance at December 31	$	17,404		$	22,492


19	.	Direct Premiums Written/Produced by Managing General Agents/Third Party
		Administrators

		Name of Managing			Type of	Type of		Total Direct
		General Agent or Third	FEIN	Exclusive	Business	Authority		Premiums
		Party Administrator	Number	Contract	Written	Granted		Written
								(In Thousands)
		Disability Reinsurance Management Services	01-0483086	Yes	Long Term Disability	C,CA,B,U	$	1,205
		ReliaStar Record Keeping	41-0451140	Yes	Group Annuity	P		5,647
		Total					$	6,852


		The aggregate amount of premiums written through managing general agents or third
		party administrators during 2010 is $6.9.

20	.	Subsequent Events

		The Company is not aware of any events occurring subsequent to December 31, 2010
		that may have a material effect on the Company’s financial statements. The Company
		evaluated events subsequent to December 31, 2010 through April 1, 2011, the date the
		statutory financial statements were available to be issued.


Contents

Report of Independent Registered Public Accounting Firm	1

Audited Financial Statements

Statements of Assets and Liabilities	4
Statements of Operations	29
Statements of Changes in Net Assets	55
Notes to Financial Statements	87


Complete
Years Elapsed		ING		ING		ING		ING
Since Premium		Golden-		Empire		Empire		Rollover		ING		ING
Payment		Select		Innovations		Traditions		Choice^SM		Simplicity		Architect-NY
0		7	%	6	%	6	%	6	%	6	%	8	%
1		6	%	5	%	6	%	6	%	6	%	7	%
2		5	%	4	%	6	%	5	%	5	%	6	%
3		4	%	-		6	%	4	%	4	%	5	%
4		3	%	-		5	%	3	%	3	%	4	%
5		2	%	-		4	%	2	%	-		3	%
6		1	%	-		3	%	1	%	-		2	%
7	+	-		-		-		-		-		-

ITEM 25: DIRECTORS AND OFFICERS OF THE DEPOSITOR

Name	Principal Business Address	Positions and Offices with Depositor
Donald W. Britton*	5780 Powers Ferry Road	President, Chief Executive Officer,
	Atlanta, GA 30327-4390	Chairman and Director