0000930413-24-001891.txt : 20240618 0000930413-24-001891.hdr.sgml : 20240618 20240618080113 ACCESSION NUMBER: 0000930413-24-001891 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240618 DATE AS OF CHANGE: 20240618 EFFECTIVENESS DATE: 20240618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIAA SEPARATE ACCOUNT VA 1 CENTRAL INDEX KEY: 0000923524 ORGANIZATION NAME: IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-79124 FILM NUMBER: 241050216 BUSINESS ADDRESS: STREET 1: 730 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129164905 MAIL ADDRESS: STREET 1: 730 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 0000923524 S000005098 Stock Index Account C000013885 Teachers Personal Annuity Individual Deferred Variable Annuity 497 1 c109122_497.htm

 

TIAA SEPARATE ACCOUNT VA-1 (“VA-1”)

 

SUPPLEMENT NO. 1
dated June 18, 2024
to the Prospectus dated May 1, 2024 (“Prospectus”)

 

Effective June 18, 2024, Lei Liao has retired and is no longer a portfolio manager of VA-1. Therefore, all references to Mr. Liao are hereby removed from the portfolio management team disclosure in the Prospectus.

 

Effective June 18, 2024, Nazar Romanyak has been added to the portfolio management team of VA-1. Consequently, the following is hereby added to the table of the sub-section entitled “Portfolio management” of the section entitled “Management of the Stock Index Account” on page 16 of the Prospectus:

 

         Total Experience
(since dates
specified below)
Name & Title  Portfolio Role  Experience Over
Past Five Years
  At
TIAA
  Total  On
Team
Nazar Romanyak, CFA               
Senior Director  Portfolio Manager  Advisors, TCIM and other advisory affiliates of TIAA—2013 to Present (portfolio management of domestic and international large-, mid- and small-cap equity index and ESG portfolios)  2013  2002  2024

 

Additionally, this Prospectus supplement provides an update on the investigation into the cybersecurity incident that Infosys McCamish Systems LLC (“IMS”), a vendor for VA-1, experienced last November.

 

As previously disclosed, in November 2023, an unauthorized party gained access to IMS’s systems and data, resulting in the temporary suspension of our ability to process contract transactions for Teachers Personal Annuity contracts and the shutdown of our online systems. Operations were fully restored in December 2023, but the investigation into whether any personal information was improperly accessed or otherwise compromised remained ongoing.

 

IMS has notified Teachers Insurance and Annuity Association of America (“TIAA”) that their investigation concluded and confirmed that personal information that IMS processed on TIAA’s behalf was subject to unauthorized access and acquisition. TIAA is working diligently to identify and provide required notifications to impacted individuals.

 

If you have any questions concerning the IMS incident, please contact us at 1-800-233-1200.

 

A41706 (6/24)

 

 

TIAA SEPARATE ACCOUNT VA-1 (“VA-1”)

 

SUPPLEMENT NO. 1
dated June 18, 2024, to the Statement of Additional Information (“SAI”) dated May 1, 2024

 

Effective June 18, 2024, Lei Liao has retired and is no longer a portfolio manager of VA-1. Therefore, all references to Mr. Liao are hereby removed from the portfolio management team disclosure in the SAI.

 

Effective June 18, 2024, Nazar Romanyak has been added to the portfolio management team of VA-1. Accordingly, the following is hereby added to the chart appearing under the sub-section entitled “Additional information regarding portfolio managers” of the section entitled “Information about the separate account’s portfolio management” on page 27 of the SAI:

 

   Number of other accounts managed    Total assets in other accounts managed (millions)       
Name of portfolio manager  Registered
investment
companies
  Other pooled
investment
vehicles
  Other
accounts
   Registered
investment
companies
  Other pooled
investment
vehicles
  Other
accounts
   Dollar range of
equity securities
owned in Account*
 
Stock Index Account                           
Nazar Romanyak**  27  6  6    $169,278  $3,637  $1,824    $0  
     
  * Includes notional amounts awarded in connection with long-term compensation awards described above.
  ** This information is as of April 30, 2024.

 

A41707 (6/24)

 
GRAPHIC 2 x3_c109122x1x1.jpg GRAPHIC begin 644 x3_c109122x1x1.jpg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end