What is the OAS Recovery Tax clawback rate?

The clawback rate is 15% on individual net annual world income that exceeds the threshold ($90,997).

Do seniors aged 75 and older receive higher OAS payments?

Yes, seniors aged 75 and older receive an automatic 10% increase in their regular monthly Old Age Security pension.

CanadaOAS Pension & 15% Recovery Tax ClawbackFinance & Salary

Canada Old Age Security (OAS) Pension & 15% Clawback Recovery Tax Calculator

Calculate your net Old Age Security (OAS) senior pension and determine your 15% OAS Recovery Tax clawback if your net individual world income exceeds the CRA threshold ($90,997).

Retirement & Pensions Pensions & Superannuation Taxes & Duties

Calculator Inputs

Live Real-Time

Individual Net Annual Income Before OAS (CAD $)

CAD $

Quick select:

Senior Age Category

Calculated ResultOAS Pension & 15% Recovery Tax Clawback

Estimated Monthly OAS Pension Check (After Clawback)

538.3CAD $/mo

Annual OAS Recovery Tax Clawback (15% Over Threshold)

2,100.45 CAD $/mo

Total Net Annual OAS Pension Received

6,459.63 CAD $/mo

Detailed Calculation Breakdown

Full OAS Pension

8,560.08 CAD $/mo

Income Over $90,997

14,003 CAD $/mo

OAS Clawback Tax

2,100.45 CAD $/mo

Net Monthly Check

538.3 CAD $/mo

Calculation Methodology

OAS Clawback = max(0, Net Income - $90,997) * 15%. Net OAS = max(0, Full Annual OAS - OAS Clawback).

Important Legal & Educational Disclaimer

Full OAS clawback occurs when individual net income reaches ~$148,065 (ages 65-74) or ~$153,771 (ages 75+).

This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.