RE: OAS Comments Regarding the OAS and CPP, one comment I have to make is many existing pension plans were based on the existance of both of these pension plans. Contributions and benefits took this into consideration already. When the pensioner turns 65, the private pension may very well have a clawback provision to make up for corporate contributions to these plans. My pension took this in account and I will in effect lose the amount of the OAS already, regardless of the amount I am earning. To lower the government clawback even further than the present would amount to double taxation.