UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date:	March 7, 2008 3:30 P.M.

Form:

N-14

CIK: 0000752737 Company Name: OPPENHEIMER VARIABLE ACCOUNT FUNDS File Number: 333-148748 SERIES/CLASSES (CONTRACTS) MERGERS CIK Series ID Class/Contract Name Acquiring: 0000752737 OPPENHEIMER VARIABLE ACCOUNT FUNDS S000010335 Oppenheimer Core Bond Fund/VA C000028594 Non-Service Target: 0000355411 OPPENHEIMER PANORAMA SERIES FUND INC S000010345 Government Securities Portfolio C000028611 Non-Service