Exhibit (6)(y)

COLLEGE RETIREMENT EQUITIES FUND
(CREF)
730 Third Avenue, New York, N.Y. 10017-3206
Telephone: [800-842-2733]

Endorsement to Your CREF Unit-Annuity Contract

Effective Date: [Upon receipt / Attached at issue]

This endorsement is part of your contract with CREF. It adds a provision to your contract, as follows:

Any amounts to be applied to this contract which originate either directly or indirectly as transfers from a TIAA Stable Value Contract or a TIAA Stable Return Contract are accepted into this contract subject to any restrictions applicable to such amounts under the terms of the Contract from which such amounts were transferred.

CEW-E1 Page E1