[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.]
"...reflects the
company's leading market position in the small-to-medium size not-for-profit
annuity and pension sector, the benefits derived from its non-commissioned
field force, and strong absolute and risk-adjusted
capitalization... The company continues to expand its presence in the
for-profit sector, serving small to medium-sized companies."
Standard & Poor's®(as of September 2009)
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.
