Supplement Dated May 22, 2013

To the Current Prospectus and Statement of Additional Information 

ING Select Opportunities

Issued by ING Life Insurance and Annuity Company

Through Its Variable Annuity Account B

This supplement updates the prospectus and statement of additional information (“SAI”) for your variable annuity contract and any 

subsequent supplements thereto. Please read it carefully and keep it with your copy of the prospectus and SAI for future reference. 

If you have any questions, please call our Customer Service Center at 1-800-366-0066. 

IMPORTANT INFORMATION REGARDING THE COMPANY

Information about the ING Life Insurance and Annuity Company found in your prospectus and/or Statement of 

Additional Information is deleted and replaced with the following: 

ING Life Insurance and Annuity Company (the “Company,” “we,” “us,” “our”) issues the contracts described in this 

prospectus and is responsible for providing each contract’s insurance and annuity benefits. All guarantees and benefits 

provided under the contracts that are not related to the separate account are subject to the claims paying ability of the 

Company and our general account. 

We are a stock life insurance company organized under the insurance laws of the State of Connecticut in 1976. Until May 

7, 2013, we were a wholly owned indirect subsidiary of ING Groep N.V. (“ING”), a global financial institution active in 

the fields of insurance, banking and asset management. Through a merger, our operations include the business of Aetna 

Variable Annuity Life Insurance Company (formerly known as Participating Annuity Life Insurance Company, an 

Arkansas life insurance company organized in 1954). Prior to January 1, 2002, the Company was known as Aetna Life 

Insurance and Annuity Company. 

Pursuant to an agreement with the European Commission (“EC”), ING has agreed to divest itself of ING U.S., Inc. and its 

subsidiaries, including the Company (collectively “ING U.S.”), which constitutes ING’s U.S.-based retirement, investment 

management and insurance operations. To effect this divestment, on May 7, 2013 ING completed an initial public offering 

(“IPO”) of the common stock of ING U.S. While ING is currently the majority shareholder of the common stock of ING 

U.S., pursuant to the agreement with the EC mentioned above ING is required to divest itself of at least 25% of ING U.S. 

by the end of 2013, more than 50% by the end of 2014 and 100% by the end of 2016. 

IMPORTANT INFORMATION REGARDING THE INVESTMENT PORTFOLIOS

Open 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. You bear the entire investment risk for amounts you allocate to any investment 

portfolio, and you may lose your principal. There is no assurance that any of the funds will achieve their respective 

investment objectives. 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. 

The following table reflects the investment portfolios that are, effective May 1, 2013, open and available to new premiums 

and transfers under your Contract along with each portfolio’s investment adviser/subadviser and investment objective. 

Please refer to the funds prospectuses for more detailed information. Fund prospectuses may be obtained free of charge 

from 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), or by contacting the SEC Public Reference Room at (202) 942-8090 or call (800) 

SEC-0330. You may obtain copies of reports and other information about the separate account and the funds, after paying 

X.162593-13GW  Page 1 of 3  May 2013 

a duplicating fee, by sending an email request to publicinfo@sec.gov or by writing to the SEC Public Reference Room, 100
F Street, N.E., Room 1580, Washington, D.C. 20549-0102. 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.

Fund Name and Investment Adviser/Subadviser	Investment Objective
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
Investment Adviser: Directed Services LLC	management.
Investment Subadviser: BlackRock Financial
Management Inc.
ING EURO STOXX 50® Index Portfolio	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	* The Portfolio’s classification changed from non-diversified to
Co. LLC	diversified.
ING International Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of a widely accepted International
Investment Adviser: ING Investments, LLC	Index.
Investment Subadviser: ING Investment Management
Co. LLC
ING Money Market Portfolio*	Seeks to provide high current return, consistent with
	preservation of capital and liquidity, through investment in
Investment Adviser: ING Investments, LLC	high-quality money market instruments while maintaining a
Investment Subadviser: ING Investment Management	stable share price of $1.00.
Co. LLC
There is no guarantee that the ING Money Market Portfolio
subaccount will have a positive or level return.
ING Russell™ Large Cap Growth Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of the Russell Top 200® Growth
Investment Adviser: ING Investments, LLC	Index.*
Investment Subadviser: ING Investment Management
Co. LLC	* The Portfolio’s classification changed from non-diversified to
	diversified.
ING Russell™ Large Cap Value Index Portfolio	Seeks investment results (before fees and expenses) that
	correspond to the total return of the Russell Top 200® Value
Investment Adviser: ING Investments, LLC	Index.*
Investment Subadviser: ING Investment Management
Co. LLC	* The Portfolio’s classification changed from non-diversified to
	diversified.
ING RussellTM Mid 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. LLC

X.162593-13GW  Page 2 of 3  May 2013 

Fund Name and Investment Adviser/Subadviser	Investment Objective
ING RussellTM Small 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. LLC
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: ING Investment Management
Co. LLC
ING U.S. Stock Index Portfolio	Seeks total return.
Investment Adviser: Directed Services LLC
Investment Subadviser: ING Investment Management
Co. LLC

X.162593-13GW  Page 3 of 3  May 2013