[working on OAS article at the moment]
If you have begun taking Old Age Security (OAS) payments, and your individual net income is over $75,910, then some of your OAS payments will be clawed back at year end. For every dollar of net income above $75,910, 15 cents is clawed back at the end of the year. If you earned $123,386 for the year or more, the entirety of your OAS payments will be clawed back.
For more information about OAS, please CLICK HERE.