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The Administrator shall debit the savings account established for each participant of the Program for record-keeping expenses and those sums used for the purchase of an annuity for the payment of benefits or to make a global distribution pursuant to §§ 786-9 and 786-10 of this title. Once the annuity is purchased or the total balance of the savings account is distributed, the account shall cease to exist. The Administrator shall also be authorized to debit the account of the participant for the amount of the disability insurance premium or any other type of insurance through a program established to such effects by the Administrator and of which the participant avails himself whether voluntarily or compulsorily. History —May 15, 1951, No. 447, p. 1298, added as § 3-108 on Sept. 24, 1999, No. 305, § 30; Sept. 15, 2004, No. 296, § 9; renumbered as § 3-106 on April 4, 2013, No. 3, § 13, eff. July 1, 2013.

The Administrator shall debit the savings account established for each participant of the Program for record-keeping expenses and those sums used for the purchase of an annuity for the payment of benefits or to make a global distribution pursuant to §§ 786-9 and 786-10 of this title. Once the annuity is purchased or the total balance of the savings account is distributed, the account shall cease to exist. The Administrator shall also be authorized to debit the account of the participant for the amount of the disability insurance premium or any other type of insurance through a program established to such effects by the Administrator and of which the participant avails himself whether voluntarily or compulsorily. History —May 15, 1951, No. 447, p. 1298, added as § 3-108 on Sept. 24, 1999, No. 305, § 30; Sept. 15, 2004, No. 296, § 9; renumbered as § 3-106 on April 4, 2013, No. 3, § 13, eff. July 1, 2013.

The Administrator shall debit the savings account established for each participant of the Program for record-keeping expenses and those sums used for the purchase of an annuity for the payment of benefits or to make a global distribution pursuant to §§ 786-9 and 786-10 of this title. Once the annuity is purchased or the total balance of the savings account is distributed, the account shall cease to exist. The Administrator shall also be authorized to debit the account of the participant for the amount of the disability insurance premium or any other type of insurance through a program established to such effects by the Administrator and of which the participant avails himself whether voluntarily or compulsorily. History —May 15, 1951, No. 447, p. 1298, added as § 3-108 on Sept. 24, 1999, No. 305, § 30; Sept. 15, 2004, No. 296, § 9; renumbered as § 3-106 on April 4, 2013, No. 3, § 13, eff. July 1, 2013.