b. (as modifier): analogue watch; analogue recording. a. an organic chemical compound related to another by substitution of hydrogen atoms with alkyl groups: toluene is an analogue of benzene. b. an organic compound that is similar in structure to another organic compound: thiols are sulphur analogues of alcohols.
OAS is earned at the rate of 1/40th of the full basic amount (currently $564.87 monthly) for every year of residence in Canada. If you will have 18 complete years of residence in Canada when you turn age 65, you will receive 18/40ths of $564.87 = $254.19 monthly.
This limit changes each year with changes in the national average wage index. We call this annual limit the contribution and benefit base. For earnings in 2016, this base is $118,500. The OASDI tax rate for wages paid in 2016 is set by statute at 6.2 percent for employees and employers, each. Thus, an individual with wages equal to or larger than $118,500 would contribute $7,347.00 to the OASDI program in 2016, and his or her employer would contribute the same amount. The OASDI tax rate for self-employment income in 2016 is 12.4 percent. For Medicare's Hospital Insurance (HI) program, the taxable maximum was the same as that for the OASDI program for 1966-1990. Separate HI taxable maximums of $125,000, $130,200, and $135,000 were applicable in 1991-93, respectively.