485BPOS 1 nypii_supp.htm SUPPLEMENT TO NY PII JNLNY Separate Account I (PII) Cover Page

As filed with the Securities and Exchange Commission on September 30, 2002.

1933 Act File No. 333-70384
1940 Act File No. 811-08401

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. 3 [X]

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

Amendment No. 25 [X]

JNLNY Separate Account I
(Exact Name of Registrant)

Jackson National Life Insurance Company of New York
(Name of Depositor)

2900 Westchester Avenue, Purchase, New York 10577
(Address of Depositor's Principal Executive Offices)

Depositor's Telephone Number, including Area Code:
(888) 367-5651

Susan S. Rhee, Esq.

with a copy to:

Associate General Counsel

Joan E. Boros, Esq.

Jackson National Life Insurance Company

Jorden Burt LLP

1 Corporate Way

1025 Thomas Jefferson Street, N.W.

Lansing, Michigan 48951

Washington, D.C. 20007-5201

(Name and Address of Agent for Service)

It is proposed that this filing will become effective (check appropriate box)

__X___    upon filing pursuant to paragraph (b)

______    on ________________ pursuant to paragraph (b)

______    60 days after filing pursuant to paragraph (a)(1)

______    on (date) 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:
Variable Portion of Individual Deferred Variable Annuity Contracts

JNLNY SEPARATE ACCOUNT I
REFERENCE TO ITEMS REQUIRED BY FORM N-4

N-4 Item

Caption in Prospectus or Statement of Additional Information
relating to each Item

Part A. Information Required in a Prospectus

Prospectus

1. Cover Page

Cover Page

2. Definitions

Not Applicable

3. Synopsis

Key Facts; Fee Tables

4. Condensed Financial Information

Not Applicable

5. General Description of Registrant, Depositor and Portfolio Companies

Jackson National; The Separate Account; Investment Portfolios

6. Deductions & Expenses

Contract Charges

7. General Description of Registrant, Depositor and Portfolio Companies

The Annuity Contract; Purchases; Transfers; Access To Your Money; Income Payments (The Income Phase); Death Benefit; Other Information

8. Annuity Period

Income Payments (The Income Phase)

9. Death Benefit

Death Benefit

10. Purchases and Contract Value

Purchases

11. Redemptions

Access To Your Money

12. Taxes; Additional Tax Information

Taxes

13. Legal Proceedings

Other Information

14. Table of Contents of the Statement of Additional Information

Table of Contents of the Statement of Additional Information

Part B. Information Required in a
Statement of Additional Information

Statement of Additional Information

15. Cover Page

Cover Page

16. Table of Contents

Table of Contents

17. General Information and History

General Information and History

18. Services

Services

19. Purchase of Securities Being Offered

Purchase of Securities Being Offered

20. Underwriters

Underwriters

21. Calculation of Performance Data

Calculation of Performance

22. Annuity Payments

Net Investment Factor

23. Financial Statements

Financial Statements

Part C.

Information required to be included in Part C is set forth under the appropriate item, so numbered, in Part C of this Amendment to Registration Statement.

This Amendment to the Registration Statement on Form N-4 (the "Registration Statement") is being filed pursuant to Rule 485(b) under the Securities Act of 1933, as amended. This Amendment is being filed to describe in a supplement to the Prospectus, dated May 17, 2002 for the Perspective II(SM) Fixed and Variable Annuity the availability of two additional sub-accounts of the Registrant and the underlying mutual funds. Accordingly, this Amendment does not otherwise delete, amend or supercede any other prospectus, Statement of Additional Information, exhibit, undertaking, or other information contained in the Registration Statement.

SUPPLEMENT DATED SEPTEMBER 30, 2002
TO THE
PROSPECTUS DATED AUGUST 1, 2002
FOR
PERSPECTIVE II(SM) FIXED AND VARIABLE ANNUITY
JNLNY SEPARATE ACCOUNT I

The following changes apply to the prospectus listed above:

All references to J.P. Morgan/JNL Enhanced S&P 500 Stock Index Fund should be changed to JPMorgan/JNL Enhanced S&P 500 Stock Index Fund.

The second bullet on the cover should be deleted and replaced with the following:

>>	49 Investment Divisions of JNLNY Separate Account I (the “Separate Account”) each of which purchases shares of one Fund of JNL Series Trust or JNLNY Variable Fund I LLC, mutual funds with a full range of investment objectives;

On page 3 the “Total Separate Account Annual Expenses (with Maximum Optional Endorsements)” should be deleted and replaced with the following:

Total Separate Account Annual Expenses
(with Maximum Optional Endorsements) 2.395%⁹

The following should be added to the “Fund Annual Expenses” table located on page 4:

JPMorgan/JNL International Value Fund    1.07%      .03%      0%       1.10%
PPM America/JNL Value Fund                .85%      .01%      0%        .86%

On pages 7 and 8, the section entitled "Examples" should be deleted and replaced in its entirety with the following:

Examples. You would pay the following expenses on a $1,000 investment if you select the 20% Additional Free Withdrawal Endorsement, the Five-Year Withdrawal Charge Period Endorsement, and the 2% Contract Enhancement Endorsement, assuming a 5% annual return on assets:

(a)

if you do not surrender your Contract or if you begin receiving income payments from your Contract after the first year;

(b)

if you surrender your Contract at the end of each time period.

                                                                         Time Periods
                                                                    1      3     5    10
Division Name                                                      year  years years years
----------------------------------------------------------------- ------ ----- ----- -----
AIM/JNL Large Cap Growth Division                             (a)    36   108   183   360
                                                              (b)   101   138   193   360
AIM/JNL Small Cap Growth Division                             (a)    36   110   186   365
                                                              (b)   101   140   196   365
AIM/JNL Premier Equity II Division                            (a)    35   107   181   356
                                                              (b)   100   137   191   356
Alger/JNL Growth Division                                     (a)    35   108   182   358
                                                              (b)   100   138   192   358
Alliance Capital/JNL Growth Division                          (a)    33   102   173   340
                                                              (b)    98   132   183   340
Eagle/JNL Core Equity Division                                (a)    35   105   179   351
                                                              (b)   100   135   189   351
Eagle/JNL SmallCap Equity Division                            (a)    35   107   181   357
                                                              (b)   100   137   191   357
JPMorgan/JNL Enhanced S&P 500 Stock(R)Index Division          (a)    34   103   174   342
                                                              (b)    99   133   184   342
JPMorgan/JNL International Value Division                     (a)    36   108   183   359
                                                              (b)   101   138   193   359
Janus/JNL Aggressive Growth Division                          (a)    35   105   179   351
                                                              (b)   100   135   189   351
Janus/JNL Balanced Division                                   (a)    35   108   182   357
                                                              (b)   100   138   192   357
Janus/JNL Capital Growth Division                             (a)    35   106   180   354
                                                              (b)   100   136   190   354
Janus/JNL Global Equities Division*                           (a)    35   107   181   357
                                                              (b)   100   137   191   357
Lazard/JNL Mid Cap Value Division                             (a)    36   109   184   361
                                                              (b)   101   139   194   361
Lazard/JNL Small Cap Value Division                           (a)    36   110   187   367
                                                              (b)   101   140   197   367
Mellon Capital Management/JNL S&P 500 Index Division          (a)    31    94   159   314
                                                              (b)    96   124   169   314
Mellon Capital Management/JNL S&P 400 Mid Cap Index Division  (a)    31    94   159   314
                                                              (b)    96   124   169   314
Mellon Capital Management/JNL Small Cap Index Division        (a)    31    94   159   314
                                                              (b)    96   124   169   314
Mellon Capital Management/JNL International Index Division    (a)    31    95   162   318
                                                              (b)    96   125   172   318
Mellon Capital Management/JNL Bond Index Division             (a)    31    94   159   314
                                                              (b)    96   124   169   314
Oppenheimer/JNL Global Growth Division                        (a)    35   107   181   356
                                                              (b)   100   137   191   356
Oppenheimer/JNL Growth Division                               (a)    35   105   179   351
                                                              (b)   100   135   189   351
PIMCO/JNL Total Return Bond Division                          (a)    33   100   169   333
                                                              (b)    98   130   179   333
PPM America/JNL Balanced Division                             (a)    33   100   170   334
                                                              (b)    98   130   180   334
PPM America/JNL High Yield Bond Division                      (a)    33   100   170   334
                                                              (b)    98   130   180   334
PPM America/JNL Money Market Division                         (a)    31    96   163   321
                                                              (b)    96   126   173   321
PPM America/JNL Value Division                                (a)    33   101   171   337
                                                              (b)    98   131   181   337
Putnam/JNL Equity Division                                    (a)    34   104   177   347
                                                              (b)    99   134   187   347
Putnam/JNL International Equity Division                      (a)    37   112   189   370
                                                              (b)   102   142   199   370
Putnam/JNL Midcap Growth Division                             (a)    36   109   184   362
                                                              (b)   101   139   194   362
Putnam/JNL Value Equity Division                              (a)    34   105   177   348
                                                              (b)    99   135   187   348
Salomon Brothers/JNL Global Bond Division                     (a)    34   104   176   347
                                                              (b)    99   134   186   347
Salomon Brothers/JNL U.S. Government & Quality Bond Division  (a)    33    99   169   332
                                                              (b)    98   129   179   332
S&P/JNL Conservative Growth Division I                        (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Moderate Growth Division I                            (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Aggressive Growth Division I                          (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Very Aggressive Growth Division I                     (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Equity Growth Division I                              (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Equity Aggressive Growth Division I                   (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Core Index 50 Division                                (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Core Index 75 Division                                (a)    27    82   139   274
                                                              (b)    92   112   149   274
S&P/JNL Core Index 100 Division                               (a)    27    82   139   274
                                                              (b)    92   112   149   274
T. Rowe Price/JNL Established Growth Division                 (a)    34   103   175   345
                                                              (b)    99   133   185   345
T. Rowe Price/JNL Mid-Cap Growth Division                     (a)    35   106   180   353
                                                              (b)   100   136   190   353
T. Rowe Price/JNL Value Division                              (a)    36   109   184   361
                                                              (b)   101   139   194   361
First Trust/JNL The DowSM Target 10 Division                  (a)    33    99   169   332
                                                              (b)    98   129   179   332
First Trust/JNL The S&P(R)Target 10 Division                  (a)    33    99   169   332
                                                              (b)    98   129   179   332
First Trust/JNL Global Target 15 Division                     (a)    33   101   171   336
                                                              (b)    98   131   181   336
First Trust/JNL Target 25 Division                            (a)    33    99   169   332
                                                              (b)    98   129   179   332
First Trust/JNL Target Small-Cap Division                     (a)    33    99   169   332
                                                              (b)    98   129   179   332

On pages 9 and 10, the following should be added to the section entitled “Examples:"

                                                            Time Periods
------------------------------------------------ ------- --------- -------- ------
                                                   1        3         5        10
                                                  year    years     years    years
------------------------------------------------ ------- --------- -------- ------
JPMorgan/JNL International Value Division   (a)    26       79       135      287
                                            (b)    96      129       165      287
PPM America/JNL Value Division              (a)    23       72       123      263
                                            (b)    93      122       153      263

The following should be added to the section entitled “The Funds, Investment Objectives and Advisers” on page 12:

------------------------ ---------------------------------- --------------------------
JPMorgan/JNL             Seeks high total return from a      Jackson National Asset
International Value      portfolioof equity securities of    Management, LLC (and
                         foreign companies in developed      J.P. Morgan Investment
                         and, to a lesser extent,            Management, Inc.)
                         developing markets.
------------------------ ---------------------------------- --------------------------
PPM America/JNL Value    Seeks long-term growth of capital   Jackson National Asset
                         by investing at least 65% of its    Management, LLC (and PPM
                         total assets in common stocks of    America, Inc.)
                         domestic companies.
------------------------ ---------------------------------- --------------------------

On pages 13 through 18, all references to "65%" under the sub-section entitled "Investment Objective" for the following funds should be changed to 80%:

AIM/JNL Small Cap Growth
Eagle/JNL Core Equity
Eagle/JNL SmallCap Equity
PIMCO/JNL Total Return Bond
Putnam/JNL International Equity
Putnam/JNL Value Equity
Salomon Brothers/JNL Global Bond
Salomon Brothers/JNL U.S. Government & Quality Bond
T. Rowe Price/JNL Mid-Cap Growth

On page 27, the sections entitled “Optional Five-Year Withdrawal Charge Period” and “20% Additional Free Withdrawal Charge” should be deleted and replaced in its entirety with the following:

Optional Five-Year Withdrawal Charge Period. You may elect an endorsement to your Contract that substitutes for the Contract’s usual seven-year withdrawal period a five-year withdrawal period with withdrawal charges in contribution years one through five of 6.5%, 5%, 3%, 2% and 1%, respectively, and 0% thereafter. The charge for this optional feature on an annualized basis is 0.30% of the average daily net asset value of your allocations to the Investment Divisions. You may not elect this option if you elect the 3% or 4% Contract Enhancement Endorsement.

20% Additional Free Withdrawal Charge. You may elect an endorsement to your contract that permits you to withdraw an additional 20% of premium that is no longer subject to a withdrawal charge, minus earnings during a contract year without a withdrawal charge. You will pay 0.30% on an annual basis of the average daily net asset value of your allocations to the Investment Divisions. This endorsement will replace the 10% Free Withdrawal. You may not elect this option if you elect the 3% or 4% Contract Enhancement Endorsement.

(To be used with NV4224 Rev. 06/02.)

NV8117 Rev. 09/02

__________

⁹ The 3% and 4% contract enhancements are not included in the Total Separate Account Annual Expenses (with Maximum Optional Endorsements) because only one Contract Enhancement may be selected and the 2% Credit is presumed to have been selected (along with the 20% additional free withdrawal and five-year withdrawal charge period).

^* The Janus/JNL Global Equities Fund (the “Fund”) is not available through a division as an investment option and is not available as an underlying fund to the S&P/JNL Core Index 50 Fund and the S&P/JNL Core Index 75 Fund. However, the Fund is available as an underlying fund of the S&P/JNL Conservative Growth Fund I, the S&P/JNL Moderate Growth Fund I, the S&P/JNL Aggressive Growth Fund I, the S&P/JNL Very Aggressive Growth Fund I, the S&P/JNL Equity Growth Fund I and the S&P/JNL Equity Aggressive Growth Fund I.

PART C. OTHER INFORMATION

Item 24. Financial Statements and Exhibits

(a)

Financial Statements:

(1)

Financial statements and schedules included in Part A:

Not Applicable

(2)

Financial statements and schedules included in Part B:

JNLNY Separate Account I

Report of Independent Accountants at December 31, 2001
Statement of Assets and Liabilities as of December 31, 2001
Statement of Operations for the Year Ended December 31, 2001
Statement of Changes in Net Assets for the Years Ended December 31, 2001 and December 31, 2000
Notes to Financial Statements

Jackson National Life Insurance Company of New York

Report of Independent Accountants at December 31, 2001
Balance Sheet for the years ended December 31, 2001 and 2000
Income Statement for the years ended December 31, 2001, 2000 and 1999
Statement of Stockholder's Equity and Comprehensive Income for the years ended December 31, 2001, 2000 and 1999
Statement of Cash Flows for the years ended December 31, 2001, 2000 and 1999
Notes to Financial Statements

Item 24.(b) Exhibits

Exhibit No.

Description

1.	Resolution of Depositor's Board of Directors authorizing the establishment of the Registrant, incorporated by reference to Registrant's Registration Statement filed via EDGAR on October 3, 1997 (File Nos. 333-37175 and 811-08401).

2.	Not Applicable

3.	General Distributor Agreement dated September 19, 1997, incorporated by reference to Registrant's Registration Statement filed via EDGAR on October 3, 1997 (File Nos. 333-37175 and 811-08401).

4.a.	Specimen of the Perspective II Fixed and Variable Annuity Contract, incorporated by reference to Registrant’s Registration Statement filed via EDGAR on September 28,2001 (333-70384 and 811-08401).

b.	Specimen of Tax Sheltered Annuity Endorsement, incorporated by reference to Registrant's Pre-Effective Amendment No. 1 filed via EDGAR on December 19, 2001 (333-70384 and 811-08401).

c.	Specimen of Retirement Plan Endorsement, incorporated by reference to Registrant's Pre-Effective Amendment No. 1 filed via EDGAR on December 19, 2001 (333-70384 and 811-08401).

d.	Specimen of Individual Retirement Annuity Endorsement, incorporated by reference to Registrant's Pre-Effective Amendment No. 1 filed via EDGAR on December 19, 2001 (333-70384 and 811-08401).

e.	Specimen of Roth IRA Endorsement, incorporated by reference to Registrant's Pre-Effective Amendment No. 1 filed via EDGAR on December 19, 2001 (333-70384 and 811-08401).

f.	Specimen of Earnings Protection Benefit Endorsement, incorporated by reference to Registrant’s Registration Statement filed via EDGAR on September 28,2001 (333-70384 and 811-08401).

g.	Specimen of 2% Contract Enhancement Endorsement, incorporated by reference to Registrant’s Registration Statement filed via EDGAR on September 28,2001 (333-70384 and 811-08401).

h.	Specimen of 3% Contract Enhancement Endorsement, incorporated by reference to Registrant’s Registration Statement filed via EDGAR on September 28,2001 (333-70384 and 811-08401).

i.	Specimen of 4% Contract Enhancement Endorsement, incorporated by reference to Registrant’s Registration Statement filed via EDGAR on September 28,2001 (333-70384 and 811-08401).

j.	Specimen of 20% Additional Free Withdrawal Benefit Endorsement, incorporated by reference to Registrant’s Registration Statement filed via EDGAR on September 28,2001 (333-70384 and 811-08401).

k.	Specimen of Five-Year Withdrawal Charge Schedule Endorsement, incorporated by reference to Registrant’s Registration Statement filed via EDGAR on September 28,2001 (333-70384 and 811-08401).

l.	Specimen of Preselected Death Benefit Option Election Endorsement, incorporated by reference to Registrant's Pre-Effective Amendment No. 1 filed via EDGAR on December 19, 2001 (333-70384 and 811-08401).

m.	Specimen of Reduced Administration Charge Endorsement, incorporated by reference to Registrant's Post-Effective Amendment No. 1 filed via EDGAR on May 17, 2002 (333-70384 and 811-08401).

n.	Specimen of 2% Contract Enhancement Endorsement, incorporated by reference to Registrant's Post-Effective Amendment No. 1 filed via EDGAR on May 17, 2002 (333-70384 and 811-08401).

o.	Specimen of 3% Contract Enhancement Endorsement, incorporated by reference to Registrant's Post-Effective Amendment No. 1 filed via EDGAR on May 17, 2002 (333-70384 and 811-08401).

p.	Specimen of 4% Contract Enhancement Endorsement, incorporated by reference to Registrant's Post-Effective Amendment No. 1 filed via EDGAR on May 17, 2002 (333-70384 and 811-08401).

q.	Specimen of Guaranteed Minimum Income Benefit Endorsement,incorporated by reference to Registrant's Post-Effective Amendment No. 2 filed via EDGAR on May 20, 2002 (333-70384 and 811-08401).

5.	Form of the Perspective II Fixed and Variable Annuity Application, incorporated by reference to Registrant's Pre-Effective Amendment No. 1 filed via EDGAR on December 19, 2001 (333-70384 and 811-08401).

6.a.	Declaration and Charter of Depositor, incorporated by reference to Registrant's Registration Statement filed via EDGAR on October 3, 1997 (File Nos. 333-37175 and 811-08401).

b.	By-laws of Depositor, incorporated by reference to Registrant's Registration Statement filed via EDGAR on October 3, 1997 (File Nos. 333-37175 and 811-08401).

7.	Not Applicable

8.	Not Applicable

9.	Opinion and Consent of Counsel, attached hereto.

10.	Consent of Independent Accountants, incorporated by reference to Registrant's Post-Effective Amendment No. 1 filed via EDGAR on May 17, 2002 (333-70384 and 811-08401).

11.	Not Applicable

12.	Not Applicable

13.	Computation of Performance, incorporated by reference to the Registrant's Post-Effective Amendment No. 8, filed on October 10, 2001 (File Nos. 333-37175 and 811-08401).

13.a.

Computation of Performance, incorporated by reference to Registrant's Post-Effective Amendment No. 1 filed via EDGAR on May 17, 2002 (333-70384 and 811-08401).

Item 25. Directors and Officers of the Depositor

Name and Principal Business Address Positions and Offices with Depositor

Donald B. Henderson, Jr.
4A Rivermere Apartments
Bronxville, NY 10708 Director

Henry J. Jacoby
305 Riverside Drive
New York, NY 10025 Director

David L. Porteous
20434 Crestview Drive
Reed City, MI 49777 Director

Donald T. DeCarlo
200 Manor Road
Douglaston, New York 11363 Director

Clark P. Manning
1 Corporate Way
Lansing, MI 48951 President, Chief Executive Officer

Herbert G. May III
HQ Global
890 Winter St
Suite 150
Waltham, MA 02451-1449 Chief Administration Officer and Director

Andrew B. Hopping
1 Corporate Way
Lansing, MI 48951 Executive Vice President, Chief Financial Officer, Director and Chairman of the Board

Thomas J. Meyer
1 Corporate Way
Lansing, MI 48951 Senior Vice President, Secretary, General Counsel & Director

Richard Ash
1 Corporate Way
Lansing, MI 48951 Appointed Actuary and Vice President - Actuarial

J. George Napoles
1 Corporate Way
Lansing, MI 48951 Senior Vice President & Chief Information Officer

Scott L. Stoltz
1 Corporate Way
Lansing, MI 48951 Senior Vice President - Administration

Lisa C. Drake
1 Corporate Way
Lansing, MI 48951 Senior Vice President - Actuary & Chief Actuary

James Sopha
1 Corporate Way
Lansing, MI 48951 Senior Vice President - Corporate Development

Brad Powell
1 Corporate Way
Lansing, MI 48951 Vice President IMG & Director

John B. Banez
1 Corporate Way
Lansing, MI 48951 Vice President - Systems and Programming

James P. Binder, CPA
1 Corporate Way
Lansing, MI 48951 Vice President - Finance and Corporate Strategy

Joseph Mark Clark
1 Corporate Way
Lansing, MI 48951 Vice President - Policy Administration

Marianne Clone
1 Corporate Way
Lansing, MI 48951 Vice President - Administration - Customer Service

James B. Croom
1 Corporate Way
Lansing, MI 48951 Vice President & Deputy General Counsel

Gerald W. Decius
1 Corporate Way
Lansing, MI 48951 Vice President - Systems Model Office

Robert A. Fritts
1 Corporate Way
Lansing, MI 48951 Vice President & Controller - Financial Operations

James Garrison
1 Corporate Way
Lansing, MI 48951 Vice President - Tax

James Golembiewski
1 Corporate Way
Lansing, MI 48951 Vice President, Senior Counsel Assistant Secretary and Director

Rhonda K. Grant
1 Corporate Way
Lansing, MI 48951 Vice President - Government & Public Relations

Steve Hrapkiewisicz
1 Corporate Way
Lansing, MI 48951 Vice President - Human Resources

Cheryl Johns
1 Corporate Way
Lansing, MI 48951 Vice President - Life Division

Timo P. Kokko
1 Corporate Way
Lansing, MI 48951 Vice President - Support Services

Everett W. Kunzelman
1 Corporate Way
Lansing, MI 48951 Vice President - Underwriting

Keith R. Moore
1 Corporate Way
Lansing, MI 48951 Vice President - Technology

P. Chad Myers
1 Corporate Way
Lansing, MI 48951 Vice President - Asset Liability Management

Mark D. Nerud
225 West Wacker Drive
Suite 1200
Chicago, IL 60606 Vice President - Fund Accounting & Administration

James B. Quinn
1 Corporate Way
Lansing, MI 48951 Vice President - Broker Management

Connie J. Van Doorn
8055 E. Tufts Avenue
Suite 200
Denver, CO 80237 Vice President - Variable Annuity Administration

Item 26.

Persons Controlled by or Under Common Control with the Depositor or Registrant.

Company State of Organization Control/Ownership Principal Business

Brooke Holdings, Inc Delaware 100% Holborn Delaware Partnership Holding Company. Activities

Brooke Finance Corporation Delaware 100% Brooke Holdings, Inc. Holding Company Activities

Brooke Life Insurance Company Michigan 100% Brooke Holdings, Inc. Life Insurance

Carolina Steel North Carolina 96.65% Jackson National Life Insurance Company Manufacturing Company

Cherrydale Farms, Inc. Delaware 96.4% Jackson National Life Insurance Company Candy

Curian Capital, LLC Michigan 100% Jackson National Life Insurance Company Registered Investment Advisor

Cherrydale Holdings, Inc. Delaware 72.5% Jackson National Life Insurance Company Holding Company Activities

Hermitage Management, LLC Michigan 100% Jackson National Life Insurance Company Advertising Agency

Holborn Delaware Partnership Delaware 80% Prudential One Limited, 10% Prudential Two Limited, 10% Prudential Three Limited Holding Company Activities

IFC Holdings, Inc. Delaware 99% National Planning Holdings Inc. Broker/Dealer

Investment Centers of America Delaware 100% IFC Holdings, Inc. Broker/Dealer

IPM Products Group Delaware 93% Jackson National Life Insurance Company Auto Parts

Jackson Federal Bank USA 100% JNL Thrift Holdings, Inc. Savings & Loan

Jackson National Asset Management, LLC Michigan 100% Jackson National Life Insurance Company Investment Adviser, and Transfer Agent

Jackson National Life Distributors, Inc. Delaware 100% Jackson National Life Insurance Company Advertising/Marketing Corporation and Broker/Dealer

JNLI LLC Delaware 100% Jackson National Life Insurance Company Tuscany Notes

Jackson National Life Insurance Company of New York New York 100% Jackson National Life Insurance Company Life Insurance

JNL Investors Series Trust Massachusetts Common Law Trust with contractual association with Jackson National Life Insurance Company of New York Investment Company

JNL Securities, LLC Michigan 100% Curian Capital, LLC Broker/Dealer & Insurance Agency

JNL Series Trust Massachusetts Common Law Trust with contractual association with Jackson National Life Insurance Company of New York Investment Company

JNL Thrift Holdings, Inc. Michigan National Life Insurance Company Holding Company

JNL Variable Fund LLC Delaware 100% Jackson National Separate Account - I Investment Company

JNL Variable Fund III LLC Delaware 100% Jackson National Separate Account III Investment Company

JNL Variable Fund IV LLC Delaware 100% Jackson National Separate Account IV Investment Company

JNL Variable Fund V LLC Delaware 100% Jackson National Separate Account V Investment Company

JNLNY Variable Fund I LLC Delaware 100% JNLNY Separate Account I Investment Company

JNLNY Variable Fund II LLC Delaware 100% JNLNY Separate Account II Investment Company

LePages, Inc. Delaware 100% Jackson National Life Insurance Company Adhesives

LePages Management Co., LLC Delaware 100% Jackson National Life Insurance Company Adhesives

National Planning Corporation Delaware 100% National Planning Holdings, Inc. Broker/Dealer and Investment Adviser

National Planning Holdings, Inc. Delaware 100% Brooke Holdings, Inc. Holding Company Activities

PPM Holdings, Inc. Delaware 100% Brooke Holdings, Inc. Holding Company

Prudential Corporation Holdings Limited United Kingdom 100% Prudential Corporation PLC Holding Company

Prudential Corporation PLC United Kingdom Publicly Traded Financial Institution

Prudential One Limited England and Wales 100% Prudential Corporation Holdings Limited Holding Company Activities

Prudential Two Limited England and Wales 100%Prudential Corporation Holdings Limited Holding Company Activities

Prudential Three Limited England and Wales 100% Prudential Corporation Holdings Limited Holding Company Activities

SII Investments, Inc. Wisconsin 100% National Planning Holdings, Inc. Broker/Dealer

Trust Centers of America North Dakota 100% IFC Holdings, Inc. Trust Company

Item 27. Number of Contract Owners as of September 9, 2002.

Qualified: 32
Non-qualified: 30

Item 28. Indemnification

Provision is made in the Company's By-Laws for indemnification by the Company of any person made or threatened to be made a party to an action or proceeding, whether civil or criminal by reason of the fact that he or she is or was a director, officer or employee of the Company or then serves or has served any other corporation in any capacity at the request of the Company, against expenses, judgments, fines and amounts paid in settlement to the full extent that officers and directors are permitted to be indemnified by the laws of the State of New York.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 ("Act") may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company 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 whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

Item 29. Principal Underwriter

(a)

Jackson National Life Distributors, Inc. acts as general distributor for the JNLNY Separate Account I. Jackson National Life Distributors, Inc. also acts as general distributor for the Jackson National Separate Account - I, the Jackson National Separate Account III, the Jackson National Separate Account V, and the JNLNY Separate Account II.

(b)	Directors and Officers of Jackson National Life Distributors, Inc.:

Name and Business Address

Positions and Offices with Underwriter

Michael A. Wells
401 Wilshire Blvd.
Suite 1200
Santa Monica, CA 90401

Director

Clark Manning
1 Corporate Way
Lansing, Michigan 48951

Director

Andrew B. Hopping
1 Corporate Way
Lansing, MI 48951

Director, Vice President, Treasurer

Clifford J. Jack
401 Wilshire Blvd.
Suite 1200
Santa Monica, California 90401

President and Chief Executive Officer

Mark D. Nerud
225 West Wacker Drive
Suite 1200
Chicago, IL 60606

Vice President and Assistant Treasurer

Joseph D. Emanuel
1 Corporate Way
Lansing, Michigan 48951

Executive Vice President - Operations

David Collett
401 Wilshire Blvd.
Suite 1200
Santa Monica, California 90401

Chief Financial Officer

Gregory B. Salsbury
401 Wilshire Blvd.
Suite 1200
Santa Monica, CA 90401

Executive Vice President

Robert DeChellis
401 Wilshire Blvd.
Suite 1200
Santa Monica, CA 90401

Executive Vice President, National Sales Manager

Christine A. Pierce-Tucker
401 Wilshire Boulevard
Suite 1200
Santa Monica, CA 90401

Senior Vice President - JNLD Product Development

Barry L. Bulakites
8055 E. Tufts Avenue
Suite 1100
Denver, CO 80237

Senior Vice President - National Sales Development

Bradley J. Powell
1 Corporate Way
Lansing, Michigan 48951

Senior Vice President

John Kawauchi
8055 E. Tufts Avenue
Suite 1100
Denver, CO 80237

Senior Vice President - Marketing and Corporate Communications

Greg Smith
401 Wilshire Boulevard
Suite 1200
Santa Monica, CA 90401

Senior Vice President

Scott Yessner
401 Wilshire Boulevard
Suite 1200
Santa Monica, CA 90401

Senior Vice President

Pam Aurbach
8055 E. Tufts Avenue
Suite 1100
Denver, CO 80237

Vice President - National Sales Development

Nikhil Advani
8055 E. Tufts Avenue
Suite 1100
Denver, CO 80237

Vice President

Kendall Best
401 Wilshire Boulevard
Suite 1200
Santa Monica, CA 90401

Vice President - Strategic Relations

Sean P. Blowers
401 Wilshire Boulevard
Suite 1200
Santa Monica, CA 90401

Vice President - Thrift Products

Tori Bullen
401 Wilshire Boulevard
Suite 1200
Santa Monica, CA 90401

Vice President - Institutional Marketing Group

Luis Gomez
8055 E. Tufts Avenue
Suite 1100
Denver, CO 80237

Vice President - Marketing

Phil Wright
8055 E. Tufts Avenue
Suite 1100
Denver, CO 80237

Vice President - Communications

James L. Simon
1 Corporate Way
Lansing, Michigan 48951

Director of Compliance and Secretary

(c)

Name of Principal Underwriter	Net Underwriting Discounts and Commissions	Compensation on Redemption or Annuitization	Brokerage Commissions	Compensation
Jackson National Life Distributors, Inc.	Not Applicable	Not Applicable	Not Applicable	Not Applicable

Item 30. Location of Accounts and Records

Jackson National Life Insurance Company of New York
2900 Westchester Avenue
Purchase, New York 10577

Jackson National Life Insurance Company of New York
Annuity Service Center
8055 East Tufts Ave., Second Floor
Denver, Colorado 80237

Jackson National Life Insurance Company of New York
Institutional Marketing Group Service Center
1 Corporate Way
Lansing, Michigan 48951

Jackson National Life Insurance Company of New York
225 West Wacker Drive, Suite 1200
Chicago, IL 60606

Item 31. Management Services

Not Applicable

Item 32. Undertakings and Representations

Jackson National Life Insurance Company of New York hereby undertakes to file a post-effective amendment to this registration statement as frequently as is necessary to ensure that the audited financial statements in the registration statement are never more than sixteen (16) months old for so long as payment under the variable annuity contracts may be accepted.

Jackson National Life Insurance Company of New York 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 postcard or similar written communication affixed to or included in the Prospectus that the applicant can remove to send for a Statement of Additional Information.

c.	Jackson National Life Insurance Company of New York hereby undertakes to deliver any Statement of Additional Information and any financial statement required to be made available under this Form promptly upon written or oral request.

d.	Jackson National Life Insurance Company of New York represents that the fees and charges deducted under the contract, in the aggregate, are reasonable in relation to the services rendered, the expenses to be incurred, and the risks assumed by Jackson National Life Insurance Company of New York.

The Registrant hereby represents that any contract offered by the prospectus and which is issued pursuant to Section 403(b) of the Internal Revenue Code of 1986, as amended, is issued by the Registrant in reliance upon, and in compliance with, the Securities and Exchange Commission's industry-wide no-action letter to the American Council of Life Insurance (publicly available November 28, 1988) which permits withdrawal restrictions to the extent necessary to comply with IRC Section 403(b)(11).

SIGNATURES

As required by the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it has caused this Registration Statement to be signed on its behalf, in the City of Lansing, and State of Michigan, on this 30th day of September, 2002.

JNLNY Separate Account I
(Registrant)

By:

Jackson National Life Insurance Company of New York

By:

/s/ Thomas J. Meyer

Thomas J. Meyer
Senior Vice President, General Counsel and Director

Jackson National Life Insurance Company of New York
(Depositor)

By:

/s/ Thomas J. Meyer

Thomas J. Meyer
Senior Vice President, General Counsel and Director

As required by the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

/s/ Thomas J. Meyer*

September 30, 2002

Clark P. Manning
President and Chief Executive Officer

Date

/s/ Thomas J. Meyer*

September 30, 2002

Andrew B. Hopping
Chief Financial Officer and Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

Herbert G. May III
Chief Administrative Officer and Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

Bradley J. Powell
Vice President - IMG and Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

James G. Golembiewski
Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

Thomas J. Meyer
Senior Vice President, General Counsel, Secretary and Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

Donald B. Henderson, Jr.
Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

Henry J. Jacoby
Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

David C. Porteous
Director

Date

/s/ Thomas J. Meyer*

September 30, 2002

Donald T. DeCarlo
Director

Date

* Thomas J. Meyer, Attorney In Fact

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each of the undersigned as a director and/or officer of JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK (the Depositor), a New York corporation, hereby appoints Andrew B. Hopping, Thomas J. Meyer and Clark P. Manning (with full power to each of them to act alone) his attorney-in-fact and agent, each with full power of substitution and resubstitution, for and in his name, place and stead, in any and all capacities, to execute, deliver and file in the names of the undersigned, any of the documents referred to below relating to the registration statement on Form N-4, under the Investment Company Act of 1940, as amended, and under the Securities Act of 1933, as amended, covering the registration of a Variable Annuity Contract issued by JNLNY Separate Account I (the Registrant), including the initial registration statements, any amendment or amendments thereto, with all exhibits and any and all documents required to be filed with respect thereto with any regulatory authority. Each of the undersigned grants to each of said attorney-in-fact and agent, full authority to do every act necessary to be done in order to effectuate the same as fully, to all intents and purposes as he could do in person, thereby ratifying all that said attorney-in-fact and agent, may lawfully do or cause to be done by virtue hereof.

This Power of Attorney may be executed in one or more counterparts, each of which shall be deemed to be an original, and all of which shall be deemed to be a single document.

IN WITNESS WHEREOF, each of the undersigned director and/or officer hereby executes this Power of Attorney as of the 17th day of May 2002.

/s/ Clark P. Manning

Clark P. Manning
President and Chief Executive Officer

/s/ Andrew B. Hopping

Andrew B. Hopping
Executive Vice President, Chief Financial Officer and Director

/s/ Bradley J. Powell

Bradley J. Powell
Vice President - IMG and Director

/s/ Herbert G. May III

Herbert G. May III
Chief Administrative Officer and Director

/s/ James G. Golembiewski

James G. Golembiewski
Vice President, Associate General Counsel and Director

/s/ Thomas J. Meyer

Thomas J. Meyer
Senior Vice President, General Counsel and Director

/s/ Donald B. Henderson, Jr.

Donald B. Henderson, Jr.
Director

/s/ Henry J. Jacoby

Henry J. Jacoby
Director

/s/ David L. Porteous

David L. Porteous
Director

/s/ Donald T. DeCarlo

Donald T. DeCarlo
Director

Exhibit List

Exhibit No.

Description

9.	Opinion and Consent of Counsel, attached hereto as EX-99.9.

Company	State of Organization	Control/Ownership	Principal Business

Brooke Holdings, Inc	Delaware	100% Holborn Delaware Partnership	Holding Company. Activities

Brooke Finance Corporation	Delaware	100% Brooke Holdings, Inc.	Holding Company Activities

Brooke Life Insurance Company	Michigan	100% Brooke Holdings, Inc.	Life Insurance

Carolina Steel	North Carolina	96.65% Jackson National Life Insurance Company	Manufacturing Company

Cherrydale Farms, Inc.	Delaware	96.4% Jackson National Life Insurance Company	Candy

Curian Capital, LLC	Michigan	100% Jackson National Life Insurance Company	Registered Investment Advisor

Cherrydale Holdings, Inc.	Delaware	72.5% Jackson National Life Insurance Company	Holding Company Activities

Hermitage Management, LLC	Michigan	100% Jackson National Life Insurance Company	Advertising Agency

Holborn Delaware Partnership	Delaware	80% Prudential One Limited, 10% Prudential Two Limited, 10% Prudential Three Limited	Holding Company Activities

IFC Holdings, Inc.	Delaware	99% National Planning Holdings Inc.	Broker/Dealer

Investment Centers of America	Delaware	100% IFC Holdings, Inc.	Broker/Dealer

IPM Products Group	Delaware	93% Jackson National Life Insurance Company	Auto Parts

Jackson Federal Bank	USA	100% JNL Thrift Holdings, Inc.	Savings & Loan

Jackson National Asset Management, LLC	Michigan	100% Jackson National Life Insurance Company	Investment Adviser, and Transfer Agent

Jackson National Life Distributors, Inc.	Delaware	100% Jackson National Life Insurance Company	Advertising/Marketing Corporation and Broker/Dealer

JNLI LLC	Delaware	100% Jackson National Life Insurance Company	Tuscany Notes

Jackson National Life Insurance Company of New York	New York	100% Jackson National Life Insurance Company	Life Insurance

JNL Investors Series Trust	Massachusetts	Common Law Trust with contractual association with Jackson National Life Insurance Company of New York	Investment Company


JNL Securities, LLC	Michigan	100% Curian Capital, LLC	Broker/Dealer & Insurance Agency
JNL Series Trust	Massachusetts	Common Law Trust with contractual association with Jackson National Life Insurance Company of New York	Investment Company

JNL Thrift Holdings, Inc.	Michigan	National Life Insurance Company	Holding Company

JNL Variable Fund LLC	Delaware	100% Jackson National Separate Account - I	Investment Company

JNL Variable Fund III LLC	Delaware	100% Jackson National Separate Account III	Investment Company

JNL Variable Fund IV LLC	Delaware	100% Jackson National Separate Account IV	Investment Company

JNL Variable Fund V LLC	Delaware	100% Jackson National Separate Account V	Investment Company

JNLNY Variable Fund I LLC	Delaware	100% JNLNY Separate Account I	Investment Company

JNLNY Variable Fund II LLC	Delaware	100% JNLNY Separate Account II	Investment Company

LePages, Inc.	Delaware	100% Jackson National Life Insurance Company	Adhesives

LePages Management Co., LLC	Delaware	100% Jackson National Life Insurance Company	Adhesives

National Planning Corporation	Delaware	100% National Planning Holdings, Inc.	Broker/Dealer and Investment Adviser

National Planning Holdings, Inc.	Delaware	100% Brooke Holdings, Inc.	Holding Company Activities

PPM Holdings, Inc.	Delaware	100% Brooke Holdings, Inc.	Holding Company

Prudential Corporation Holdings Limited	United Kingdom	100% Prudential Corporation PLC	Holding Company

Prudential Corporation PLC	United Kingdom	Publicly Traded	Financial Institution

Prudential One Limited	England and Wales	100% Prudential Corporation Holdings Limited	Holding Company Activities

Prudential Two Limited	England and Wales	100%Prudential Corporation Holdings Limited	Holding Company Activities

Prudential Three Limited	England and Wales	100% Prudential Corporation Holdings Limited	Holding Company Activities

SII Investments, Inc.	Wisconsin	100% National Planning Holdings, Inc.	Broker/Dealer

Trust Centers of America	North Dakota	100% IFC Holdings, Inc.	Trust Company

SUPPLEMENT DATED SEPTEMBER 30, 2002TO THEPROSPECTUS DATED AUGUST 1, 2002FORPERSPECTIVE II(SM) FIXED AND VARIABLE ANNUITYJNLNY SEPARATE ACCOUNT I

SUPPLEMENT DATED SEPTEMBER 30, 2002
TO THE
PROSPECTUS DATED AUGUST 1, 2002
FOR
PERSPECTIVE II(SM) FIXED AND VARIABLE ANNUITY
JNLNY SEPARATE ACCOUNT I