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If youre getting close to retirement and thinking about what benefits you might be eligible for, then this video is for you. Today were going to be talking about OAS, also known as Old Age Security. Some topics well cover is: What is OAS Who can apply, How much can you expect to receive, What is the OAS clawback and How do you apply for OAS or Defer it. OAS stands for Old Age Security and its a government pension thats paid to all Canadians and legal residents provided that you qualify. If youve watched my video on CPP you would have learned that the amount that you receive is based on how much you pay into it while youre working. OAS is different, the amount of OAS that youll receive is based on how much you make when youre retired. So how do you know whether or not you qualify for OAS? Well thats really going to depend on whether or not you meet these conditions: First of all, you need to be at least 65 years old. You have to be a Canadian citizen or a legal resident and y