There are: 1  no commissions. 2  no sales pressures. 3  no third party sales incentives. 4  no conflicts of interest regarding compensation. 5  no net worth or account minimums to meet. 6  no long-term contracts or asset under management requirements.
The Office of Workers Compensation Programs (OWCP) had its origins in an organization established in 1916 to administer claims under the Federal Employees Compensation Act. Benefits are available under this Act to more than three million federal employees, members and the Peace Corp and Americorps * Vista volunteers.
). The first statewide worker's compensation law was passed in Maryland in 1902, and the first law covering federal employees was passed in 1906. (See: FELA, 1908; FECA, 1916; Kern, 1918.) By 1949, all states had enacted a workers' compensation program.he German worker's compensation law of 6 July 1884, initiated by Chancellor Otto von Bismarck, was passed only after three attempts and was the first of its kind in the world.