Washington, DC 20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933	x

Pre-Effective Amendment No.	¨

Post-Effective Amendment No. 74	x

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940	x

Amendment No. 69

Oppenheimer Variable Account Funds

(Exact Name of Registrant as Specified in Charter)

6803 South Tucson Way, Centennial, Colorado 80112-3924

(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, including Area Code: (303) 768-3200

Arthur S. Gabinet, Esq.

OFI Global Asset Management, Inc.

225 Liberty Street, New York, New York 10281-1008

(Name and Address of Agent for Service)

It is proposed that this filing will become effective (check appropriate box):

x	immediately upon filing pursuant to paragraph (b)
¨	on _____________pursuant to paragraph (b)
¨	60 days after filing pursuant to paragraph (a)(1)
¨	on _____________pursuant to paragraph (a)(1)
¨	75 days after filing pursuant to paragraph (a)(2)
¨	on _______________ pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

¨	this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and State of New York on the 13^th day of May, 2014.

	Oppenheimer Variable Account Funds

	By:	William F. Glavin, Jr.*
		William F. Glavin, Jr., President,
		Principal Executive Officer and Trustee

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities on the dates indicated:

Signatures	Title	Date


Sam Freedman*	Chairman of the	May 13, 2014
Sam Freedman	Board of Trustees


William F. Glavin, Jr.*	President, Principal Executive	May 13, 2014
William F. Glavin, Jr.	Officer and Trustee


Brian W. Wixted*	Treasurer, Principal	May 13, 2014
Brian W. Wixted	Financial & Accounting Officer


Edward L. Cameron*	Trustee	May 13, 2014
Edward L. Cameron


Jon S. Fossel*	Trustee	May 13, 2014
Jon S. Fossel


Richard F. Grabish*	Trustee	May 13, 2014
Richard F. Grabish


Beverly L. Hamilton*	Trustee	May 13, 2014
Beverly L. Hamilton


Victoria J. Herget*	Trustee	May 13, 2014
Victoria J. Herget


Robert J. Malone*	Trustee	May 13, 2014
Robert J. Malone


F. William Marshall, Jr.*	Trustee	May 13, 2014
F. William Marshall, Jr.


Karen L. Stuckey*	Trustee	May 13, 2014
Karen L. Stuckey


James D. Vaughn*	Trustee	May 13, 2014
James D. Vaughn

*By:	/s/ Mitchell J. Lindauer
	Mitchell J. Lindauer, Attorney-in-Fact

EXHIBIT INDEX

Exhibit No.	Description

Ex-101.INS	XBRL Instance Document
Ex-101.SCH	XBRL Taxonomy Extension Schema Document
Ex-101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
Ex-101.DEF	XBRL Taxonomy Extension Definition Linkbase
Ex-101.LAB	XBRL Taxonomy Extension Labels Linkbase
Ex-101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document