[This
rating is assigned to companies that have, on balance, superior balance sheet
strength, operating performance and business profile when compared to the
standards established by A.M. Best Company. These companies have a very strong
ability to meet their ongoing obligations to policyholders.]
"These rating actions reflect [Mutual of America's] strong risk-adjusted capitalization,
conservative and less volatile general account investment portfolio, niche market position in
the retirement and pension plan segments..."
A.M. Best Press Release January 15, 2010
Standard & Poor's®
AA-(Very Strong)
[This
rating is assigned to life insurance companies that have very strong financial
security characteristics, differing only slightly from those rated higher.]
"...reflects Company's extremely strong capitalization, strong niche competitive position
as a small group pension product provider, consistent strong growth in its target market,
and strong financial flexibility." S&P® Press Release, September 28, 2009
"Mutual of America's rating continues to be based on the company's extremely strong
balance sheet fundamentals." Fitch Press Release July 27, 2009
While these
ratings do not apply to the safety or investment performance of the Separate
Account investment alternatives, they do reflect upon Mutual of America's ability to
fulfill its General Account (Interest Accumulation Account) obligations, which include annuity
purchase rate guarantees and annuity benefit payouts, as well as life insurance and disability income payments.
