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.
Home Â» Tax planning guide Â» Section 2 â Individuals Â» Old Age Security (OAS) clawback. The government imposes a special taxâthe âclawbackââ on your Old Age Security (OAS) payments if your net income for the year exceeds a certain annual threshold. For 2016, the threshold is $73,756. The amount of the clawback is equal to your OAS payments or 15% of the amount by which your net income exceeds the threshold, whichever is less. For the 2016 year, assuming you start to receive OAS benefits at age 65 (see below) the full amount of the OAS benefit will be eliminated when your net income (including your OAS benefit) is just over $119,400.