In response to current economic conditions, and what appears to be a solid threshold for market interest rates, the UTUIA has increased the crediting rate on all annuity and IRA products.

This increase affects all products with guaranteed interest rates of less than 4.25%. If you own a product with a guarantee greater than 4.25% you will continue to earn the guaranteed rate.

Consistent with past practice, the UTUIA has been responsive to changes in market interest rates by monitoring its overall investment returns and making adjustments that are in line with maintaining a strong and secure investment portfolio.

So far, 2006 has brought an overall increase in the safety and stability of the UTUIA’s already solid investment portfolio, and an increase in yield on its investments. The movement of the crediting rate to 4.25% begins to recognize the UTUIA’s solid market performance this year.

As always, the safety and security of the members’ assets is first and foremost in the UTUIA’s decision-making process. The company will continue to respond in a measured and prudent fashion to future market conditions and portfolio performance.

Thank you for your steadfast loyalty and support of the UTUIA and its products.