There is no clawback of CPP. Clawback only applies to Old Age Security. The OAS clawback means that high-income earners (over the age of 65) are required to repay some or the entire OAS pension. If your net individual income is above a set threshold, your OAS pension will be reduced.

Is there any clawback on CPP?

The Canada Pension Plan (CPP) retirement pension is not subject to any clawback, Mike. It is, of course, taxable, and the higher your income, the more tax payable on your CPP and other sources of income.

Can the government take your CPP?

Yes, Canada Revenue Agency can garnish CPP and OAS as well as all types of pensions. You may hear that creditors may not do this or may only be able to take a percentage. ... If you owe taxes to CRA and you receive CPP or OAS, CRA can withhold some or all of your monthly pension payments.