SUMMARY

This enactment provides for the retiring allowance paid to a former member of the Senate or House of Commons, or the spouse or child of a former member, to be reduced by the same amount as would be ``clawed back'' from OAS on the basis of other income received personally or on a household basis commencing with 1998.

The clawback from a member's pension would apply whether or not the member was receiving OAS. However, the amount to be clawed back would be calculated on the same basis as an OAS clawback.