1) Additional Fixed Annuity Information
Market Value Adjustment: LMVA Composite OAS Index Rate
(LMVA Composite Spread)
The following table provides the LMVA Composite Spread used in the calculation of the Market Value
Adjustment (MVA) for certain fixed and fixed indexed annuity products.
Month
Year:
2007*
Year:
2008*
Year:
2009*
Year:
2010
Year:
2011
Year:
2012
Year:
2013
Year:
2014
Year:
2015
Year:
2016
January
0.88%
1.98%
5.55%
1.74%
1.56%
2.34%
1.41%
1.14%
1.30%
1.65%
February
0.86%
2.26%
4.81%
1.71%
1.50%
2.07%
1.36%
1.16%
1.36%
TBD
March
0.85%
2.47%
5.05%
1.73%
1.41%
1.85%
1.37%
1.10%
1.22%
TBD
April
0.92%
2.89%
5.43%
1.49%
1.42%
1.77%
1.40%
1.05%
1.30%
TBD
May
0.92%
2.44%
4.39%
1.44%
1.37%
1.86%
1.34%
1.01%
1.28%
TBD
June
0.90%
2.35%
3.52%
1.84%
1.46%
2.08%
1.31%
1.02%
1.32%
TBD
July
0.97%
2.65%
3.10%
1.92%
1.55%
2.03%
1.53%
0.99%
1.46%
TBD
August
1.26%
2.88%
2.56%
1.73%
1.52%
1.80%
1.37%
0.98%
1.53%
TBD
September
1.45%
3.04%
2.33%
1.84%
2.12%
1.71%
1.40%
1.01%
1.65%
TBD
October
1.45%
4.41%
2.19%
1.75%
2.36%
1.57%
1.40%
1.12%
1.69%
TBD
November
1.43%
5.75%
2.04%
1.67%
2.00%
1.38%
1.30%
1.17%
1.59%
TBD
December
1.93%
6.07%
2.05%
1.69%
2.46%
1.47%
1.25%
1.23%
1.55%
TBD
* Values shown prior to July 2009 are for historical reference purposes only. TBD = To be determined.
The LMVA Composite Spread is published monthly, and applies to contracts issued after July 14, 2009, in states that have
approved the following products and Amendatory Endorsements:
• Lincoln OptiBlendSM fixed indexed annuity
• Lincoln OptiPoint® and Lincoln OptiChoice® fixed indexed annuities: AE-232
®
• Lincoln New Directions fixed indexed annuity: AE-233
• Lincoln Set 5SM and Lincoln Covered ChoiceSM fixed indexed annuities
• Lincoln ClassicSolution
SM
and Lincoln Long-Term CareSM fixed annuities: AE-234
• Lincoln MYGuaranteeSM Plus fixed annuity
SM
SM
Lincoln ClassicSolution (contract form 04-600B, or state variation), Lincoln Long-Term Care (contract form 09-612, or state variation),
SM
SM
Lincoln MYGuarantee Plus (contract form 09-612MY) deferred fixed annuities and Lincoln OptiBlend (contract form 15-619, or state
SM
®
variation), Lincoln OptiChoice (contract form 05-606, or state variation), Lincoln OptiPoint (contract form 06-610, or state variation), and
®
SM
SM
Lincoln New Directions , Lincoln Set 5 and Lincoln Covered Choice (contract form 94-523, or state variation) deferred fixed indexed
annuities are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN. The Lincoln National Life Insurance Company does
not solicit business in the state of New York, nor is it authorized to do so. Contract may be referred to as “certificate” in certain states. The
certificate is a group annuity certificate issued under a group annuity contract by The Lincoln National Life Insurance Company to a group
annuity trust. Contractual obligations are subject to the claims-paying ability of The Lincoln National Life Insurance Company.
Contracts sold in New York are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY. The contractual obligations are
subject to the claims-paying ability of Lincoln Life & Annuity Company of New York.
Fixed indexed annuities are not available in New York. Product and features subject to state availability.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their
own financial and contractual obligations.
LCN-1266772-080515 12/31/2015
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