Schedule I. Summary of Investments

12 Months Ended

Dec. 31, 2019

Voya Retirement Insurance and Annuity Company

(A wholly owned subsidiary of Voya Holdings Inc.)

Schedule I

Summary of Investments – Other than Investments in Affiliates

As of December 31, 2019

(In millions)



Type of Investments	Cost		Fair Value		Amount Shown on Consolidated Balance Sheets
Fixed maturities
U.S. Treasuries	$	565	$	691	$	691
U.S. Government agencies and authorities	19		19		19
State, municipalities and political subdivisions	747		815		815
U.S. corporate public securities	7,103		8,031		8,031
U.S. corporate private securities	3,776		4,066		4,066
Foreign corporate public securities and foreign governments⁽¹⁾	2,417		2,679		2,679
Foreign corporate private securities⁽¹⁾	3,171		3,375		3,375
Residential mortgage-backed securities	3,685		3,810		3,810
Commercial mortgage-backed securities	2,381		2,500		2,500
Other asset-backed securities	1,472		1,474		1,474
Total fixed maturities, including securities pledged	25,336		27,460		27,460
Equity securities	—		—		80
Mortgage loans on real estate	4,664		4,912		4,664
Policy loans	205		205		205
Limited partnerships/corporations	738		738		738
Derivatives	31		224		224
Other investments	43		43		43
Total investments	$	31,017	$	33,582	$	33,414

⁽¹⁾ Primarily U.S. dollar denominated.