BCPSEA Proposal E68Date: April 23, 2014 Time: 2:00 pmBCTF Original and Modified Offers ComparedShowing impact of increases and compoundingInitial BCTF PositionBaseJuly 1, 2013Jan 1, 2014July 1, 2014Jan 1, 2015July 1, 2015Jan 1, 2016Increase:100.000103.000103.927107.045108.650111.910113.58913.59%Modified BCTF Position100.000103.000103.695106.806108.408111.660113.33513.34% 0.25Notes: for above table inflation estimated at:-2013: 0.9% (see Statscan Daily January 24, 2014)-2014: 1.5% (well beneath the 2.0% mid-point Bank of Canada target range; equal tothe actual March 2014 rate.)-2015: 1.5% (as per 2104 forecast.)-Modified position for 2013: 0.9%*.75=0.675%Comparisons over the three period of the BCTF proposal:1. For the same 3 year period:-BCGEU Master: (2.0%, 0%, 1.0%) = 3.0%Colleges: (2.0%, 0%, 1.0%) = 3.0%HSA: (0.5% [plus 0.5% from contract], 0%, 1.0%) = 1.5% [plus .5% from contract] =2.0%-Current BCPSEA Offer: (1.0% [plus 0.75% from contract], 0%, 1.0%) = 2.0% [plus 0.75%from contract] = 2.75%2. For 2 years of CGM plus year of the new pattern:-BCGEU Master: (2.0%,2.0%, 0%) = 4.0%-Colleges: (2.0%,2.0%, 0%) = 4.0%-HSA: (1.0% [plus 1.0% from contract], 0. 5% [plus0. 5% from contract], 0%) = 1.5% [plus 1.5% fromcontract] = 3.0%Over any comparable time period, the BCTF proposal is 3 to 5 times plus greater than anyother comparable public sector unions.The BCTF's recent move on wages did not change the fact that the union is well outside anypossible settlement zone.