0000897899-24-000206.txt : 20241125 0000897899-24-000206.hdr.sgml : 20241125 20241125163137 ACCESSION NUMBER: 0000897899-24-000206 CONFORMED SUBMISSION TYPE: 497VPSUB PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20241125 DATE AS OF CHANGE: 20241125 EFFECTIVENESS DATE: 20241125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co CENTRAL INDEX KEY: 0000103007 ORGANIZATION NAME: IRS NUMBER: 710294708 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497VPSUB SEC ACT: 1933 Act SEC FILE NUMBER: 033-75988 FILM NUMBER: 241496366 BUSINESS ADDRESS: STREET 1: ONE ORANGE WAY CITY: WINDSOR STATE: CT ZIP: 06095-4774 BUSINESS PHONE: 860-580-4646 MAIL ADDRESS: STREET 1: ONE ORANGE WAY CITY: WINDSOR STATE: CT ZIP: 06095-4774 FORMER COMPANY: FORMER CONFORMED NAME: VARIABLE ANNUITY ACCT C OF ING LIFE INSURANCE & ANNUITY CO DATE OF NAME CHANGE: 20020319 FORMER COMPANY: FORMER CONFORMED NAME: VARIABLE ANNUITY ACCT C OF AETNA LIFE INSURANCE & ANNUITY CO DATE OF NAME CHANGE: 19940525 FORMER COMPANY: FORMER CONFORMED NAME: VARIABLE ANNUITY ACCOUNT C OF AETNA VARIABLE ANNUITY LIFE IN DATE OF NAME CHANGE: 19791108 0000103007 S000001089 VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY C000008333 Voya Pension IRA 497VPSUB 1 1124penira.htm FILING FOR NOVEMBER 2024 FUND SUBSTITUTIONS.
PENSION IRA
 
GROUP OR INDIVIDUAL DEFERRED VARIABLE ANNUITY CONTRACTS
issued by
Voya Retirement Insurance and Annuity Company
and its
Variable Annuity Account C of Voya Retirement Insurance and Annuity Company
 
Supplement Dated November 15, 2024

This supplement updates and amends your current prospectus and subsequent supplements thereto. Please read it carefully and keep it with your prospectus for future reference. Capitalized terms not defined in this supplement shall have the meaning given to them in your prospectus.
__________________________________________________________________________
 
IMPORTANT INFORMATION REGARDING THE INVESTMENT PORTFOLIOS

Scheduled Substitutions of Funds

Effective at the close of business on January 24, 2025 (the “Substitution Date”), in accordance with standards of the U.S. Securities and Exchange Commission, the Insurance Companies will “Substitute” (i.e., replace) certain “Existing Funds” under the Contracts with certain “Replacement Funds,” as set forth in the table below:

List of Fund Substitutions

Existing Fund
Replacement Fund
Voya Large Cap Value Portfolio - Class I
Voya Index Plus LargeCap Portfolio  - Class I
VY T.Rowe Price Equity Income Portfolio - Class I
Voya Russell Large Cap Value Index Portfolio - Class I
Voya International High Dividend Low Volatility Portfolio - Initial Class
Voya International Index Portfolio - Class I
VY American Century Small-Mid Cap Value Portfolio - Service Class
Voya Index Plus MidCap Portfolio  - Class I
VY Columbia Contrarian Core Portfolio - Service Class
Voya Index Plus LargeCap Portfolio  - Class I
VY JPMorgan Mid Cap Value Portfolio - Service Class
Voya Index Plus MidCap Portfolio  - Class I
VY T. Rowe Price Diversified Mid Cap Growth Portfolio - Initial Class
Voya Index Plus MidCap Portfolio  - Class I
VY T. Rowe Price Diversified Mid Cap Growth Portfolio - Service Class
Voya Index Plus MidCap Portfolio  - Class I
Voya Small Company Portfolio - Class I
Voya Index Plus SmallCap Portfolio  - Class I
Voya MidCap Opportunities Portfolio - Class I
Voya Index Plus MidCap Portfolio  - Class I
Voya SmallCap Opportunities Portfolio - Class I
Voya Index Plus SmallCap Portfolio  - Class I

On the Substitution Date, any Contract Value allocated to a Variable Investment Option investing in an Existing Fund will be automatically transferred to the Variable Investment Option investing in the applicable Replacement fund.

Each Substitution will be effected at the relative net asset value per share of the Existing Fund and applicable Replacement Portfolio. Your Contract Value immediately prior to the Substitution will equal your Contract Value immediately after the Substitution. There will be no tax consequences for you as a result of the Substitution. The Substitution will be performed at no cost to you. The fees and charges under your Contract will not increase as a result of the Substitution. Your rights and the Insurance Company’s obligations under your Contract will not be altered in any way.

Allocation Instructions. You may give us alternative allocation instructions at any time by contacting us at Customer Service, P.O. Box 981331 Boston, MA 02298-1331 or calling us at 1-800-366-0066.
 
MORE INFORMATION IS AVAILABLE

More information about the funds available through your Contract, including information about the risks associated with investing in them can be found in the current prospectus and Statement of Additional Information for each fund. You may obtain these documents by contacting us at our:
Customer Service
P.O. Box 981331
Boston, MA 02298-1331
1-800-366-0066

If you received a summary prospectus for any of the funds available through your Contract, you may 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 email address shown on the front of the fund’s summary prospectus.