Annual Report 2024-25
Membership Programs and Innovations that Make a Difference
LECMPA, celebrating 115 years of service, continues to protect transportation workers with wage‑loss and accidental death benefits. Despite economic uncertainty, rising claims, and industry discipline cycles, the Association has strengthened membership, diversified across crafts and trades, and expanded partnerships with major labor organizations. With record growth and enhanced benefits, LECMPA remains a vital, member-owned cooperative dedicated to supporting transportation families.
- 115 years of service: Founded in 1910, still member-owned and not‑for‑profit.
- Economic challenges: Inflation, tariffs, and weak job growth underscore the importance of insurance.
- Membership diversification: Growth across railroad non-operating crafts, trucking, logistics, UPS, and transit workers.
- Claims surge: Double the payouts compared to 2024, with $16M projected in benefits.
- Benefit enhancements: Higher daily coverage levels (up to $300/day) at lower premiums.
- Labor partnerships: Endorsements from BMWE and ATU; active support at union events nationwide.
- Resilient transportation demand: Rail intermodal and carload shipments show modest growth; transit ridership up 7.3%.
- Future outlook: Industry uncertainty continues, highlighted by the proposed Union Pacific–Norfolk Southern merger.
As another year draws to a close, we’d like to give you our annual report, which covers the state of your Association, its finances, internal changes that benefit members, and recognition of loyal members who have retired from service.