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.
Statutory Workersâ Compensation. Statutory workers' compensation refers to the laws and regulations that form the framework for a workers' compensation program. Although the workers' compensation program is national, each state is responsible for implementing its own workers' compensation statutes.