Separate Accounts and Annuity Product Guarantees (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Guaranteed Minimums

Guaranteed minimums for the respective years ended December 31 are summarized as follows (note that the amounts listed are not mutually exclusive, as many products contain multiple guarantees):

	2014						2013
	Account value		Net amount at risk		Weighted age (years)		Account value		Net amount at risk		Weighted age (years)
GMDB:
Return of premium	$	22,885,613		38,798		62.9	$	22,290,541		36,832		63.0
Ratchet and return of premium		5,297,482		70,239		66.5		5,388,868		25,638		66.5
Ratchet and rollup		4,413,506		417,237		69.6		4,861,539		397,864		69.2
Ratchet and earnings protection rider		3,960		1,443		81.0		4,107		1,588		80.2
Reset		102,983		677		74.8		109,406		616		76.1
Earnings protection rider		282,696		27,661		67.3		308,789		29,115		67.0
Total	$	32,986,240		556,055			$	32,963,250		491,653
GMIB:
Return of premium	$	123,495		809		71.0	$	141,847		506		71.3
Ratchet and return of premium		2,589,470		6,775		68.4		3,110,426		8,818		68.0
Ratchet and rollup		5,801,655		637,535		65.9		6,407,108		595,389		65.6
Total	$	8,514,620		645,119			$	9,659,381		604,713
GMAB:
Five years	$	3,858,091		13,503		67.9	$	4,660,325		14,165		66.2
Ten years		4,231		16		80.0		4,353		17		78.9
Target date retirement-7 year		791,444		4,733		62.4		813,148		1,852		61.5
Target date retirement-10 year		295,251		1,457		58.9		303,807		1,516		58.0
Target date with management levers		3,583,692		28,717		60.5		3,402,746		6,573		59.6
Total	$	8,532,709		48,426			$	9,184,379		24,123
GMWB:
No living benefit	$	620,033		—		68.8	$	546,725		—		68.9
Life benefit with optional reset		1,086,720		123,933		67.4		1,145,784		103,611		66.6
Life benefit with automatic reset		1,661,153		97,192		63.6		1,712,815		61,791		62.7
Life benefit with 8% rollup		34,001		3,691		68.3		36,826		2,348		67.6
Life benefit with 10% rollup		1,248,797		219,842		63.0		1,289,866		152,152		62.1
Life benefit with management levers		11,304,113		936,479		60.2		10,128,398		455,998		59.7
Total	$	15,954,817		1,381,137			$	14,860,414		775,900

Variable Annuity Account Balances Invested In Separate Account

At December 31, variable annuity account balances were invested in separate account funds with the following investment objectives. Balances are presented at fair value:

Investment type	2014		2013
Mutual funds:
Bond	$	3,712,198		3,832,071
Domestic equity		15,438,301		15,076,444
International equity		1,807,570		2,125,261
Specialty		9,062,822		8,814,913
Total mutual funds		30,020,891		29,848,689
Money market funds		677,571		800,839
Other		90,909		98,249
Total	$	30,789,371		30,747,777

Summary of Liabilities for Variable Contract Guarantees

The following table summarizes the liabilities for variable contract guarantees that are reflected in the general account and shown in account balances and future policy benefit reserves on the Consolidated Balance Sheets:

	GMDB			GMIB			GMAB			GMWB			Totals
Balance as of December 31, 2012	$	76,041			246,392			345,703			957,865			1,626,001
Incurred guaranteed benefits		4,608			(75,489	)		(166,884	)		(912,093	)		(1,149,858	)
Paid guaranteed benefits		(12,712	)		(4,570	)		(70,846	)		—			(88,128	)
Balance as of December 31, 2013		67,937			166,333			107,973			45,772			388,015
Incurred guaranteed benefits		28,860			(8,003	)		166,427			1,445,508			1,632,792
Paid guaranteed benefits		(10,375	)		(5,551	)		(9,543	)		—			(25,469	)
Balance as of December 31, 2014	$	86,422			152,779			264,857			1,491,280			1,995,338