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 concept of workersâ compensation had its origins in Germany, Great Britain and the United States between the late 1800âs and early 1900âs. In Germany, Chancellor Otto Von Bismarck introduced a compulsory state run accident compensation system between 1884 and 1886.This initial system was financed by workers and employers.n Germany, Chancellor Otto Von Bismarck introduced a compulsory state run accident compensation system between 1884 and 1886. This initial system was financed by workers and employers.